DFNV vs. FMDE ETF Comparison

Comparison of TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) to Fidelity Enhanced Mid Cap ETF (FMDE)

DFNV

TrimTabs Donoghue Forlines Risk Managed Innovation ETF

DFNV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Risk Managed Free Cash Flow Innovation Index. To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the index. The index is designed to track the performance of a strategy that seeks to provide risk-managed exposure to U.S. publicly traded companies with strong free cash flow and strong research and development (R&D) investment

Grade (RS Rating)

Last Trade

$36.52

Average Daily Volume

20,590

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FMDE

Fidelity Enhanced Mid Cap ETF

FMDE Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell Midcap® Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$34.57

Average Daily Volume

149,918

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	DFNV	FMDE
30 Days	5.72%	6.40%
60 Days	9.66%	8.81%
90 Days	12.32%	10.43%
12 Months	39.55%	38.09%

35 Overlapping Holdings

Symbol	Grade	Weight in DFNV	Weight in FMDE	Overlap
APP	B	2.69%	0.6%	0.6%
BMY	B	1.99%	0.27%	0.27%
CRUS	D	0.32%	0.45%	0.32%
DASH	B	1.53%	0.16%	0.16%
DBX	B	0.48%	0.58%	0.48%
DOCU	B	0.81%	0.7%	0.7%
DUOL	A	0.72%	0.13%	0.13%
EA	A	1.09%	0.71%	0.71%
EXPE	B	0.83%	0.73%	0.73%
FFIV	B	0.6%	0.54%	0.54%
GILD	C	1.91%	0.54%	0.54%
IGT	F	0.25%	0.41%	0.25%
JAZZ	B	0.44%	0.02%	0.02%
LYFT	C	0.48%	0.72%	0.48%
MANH	D	0.75%	0.56%	0.56%
MCHP	F	0.79%	0.08%	0.08%
MSI	B	1.52%	0.5%	0.5%
NBIX	C	0.53%	0.47%	0.47%
NTAP	C	0.81%	0.63%	0.63%
NTNX	B	0.78%	0.34%	0.34%
NYT	D	0.4%	0.46%	0.4%
PCTY	C	0.59%	0.23%	0.23%
PEGA	B	0.54%	0.52%	0.52%
PLTK	B	0.22%	0.29%	0.22%
PLTR	B	2.33%	0.38%	0.38%
PYPL	B	1.37%	0.54%	0.54%
QRVO	F	0.29%	0.36%	0.29%
RBLX	C	1.0%	0.76%	0.76%
RNG	C	0.22%	0.35%	0.22%
SOLV	D	0.49%	0.4%	0.4%
SWKS	F	0.5%	0.46%	0.46%
TDC	D	0.2%	0.47%	0.2%
VEEV	C	1.04%	0.77%	0.77%
WDAY	B	1.17%	0.06%	0.06%
ZM	C	0.8%	0.75%	0.75%

DFNV Overweight 64 Positions Relative to FMDE

Symbol	Grade	Weight
AAPL	C	7.79%
AVGO	D	4.14%
CRM	B	2.93%
NOW	A	2.72%
ABBV	F	2.59%
JNJ	C	2.45%
ADBE	C	2.35%
INTU	B	2.3%
QCOM	F	2.14%
IBM	C	2.04%
PANW	B	1.96%
UBER	F	1.83%
SPOT	B	1.8%
CRWD	B	1.7%
AMGN	F	1.6%
FTNT	C	1.58%
ANET	C	1.58%
TEAM	A	1.38%
TTD	B	1.24%
MMM	D	1.24%
ADSK	A	1.24%
VRT	B	1.22%
SNOW	B	1.17%
DDOG	A	1.14%
ZS	B	0.98%
UI	B	0.97%
RMD	C	0.77%
PTC	B	0.76%
PINS	F	0.7%
PSTG	D	0.68%
GEN	B	0.68%
DT	D	0.66%
VRSN	C	0.57%
JKHY	D	0.51%
GNRC	C	0.5%
SMAR	B	0.5%
CVLT	B	0.48%
HAS	D	0.44%
ETSY	D	0.42%
PATH	C	0.4%
MTCH	D	0.4%
ALTR	B	0.4%
QLYS	B	0.39%
HALO	F	0.38%
TENB	C	0.36%
PI	D	0.36%
BOX	B	0.36%
MAT	D	0.36%
CWAN	B	0.33%
ENPH	F	0.3%
ALKS	C	0.3%
BL	B	0.28%
ZETA	D	0.24%
VERX	A	0.23%
PRGS	A	0.21%
ALRM	C	0.21%
AMZN	C	0.2%
ACAD	C	0.2%
RPD	B	0.19%
YELP	C	0.18%
FLNC	D	0.18%
YOU	D	0.17%
PTGX	D	0.17%
CMPR	D	0.15%

DFNV Underweight 249 Positions Relative to FMDE

Symbol	Grade	Weight
WMB	A	-1.08%
SQ	A	-0.96%
BK	A	-0.96%
SPG	A	-0.92%
VST	A	-0.89%
CMI	A	-0.89%
HWM	A	-0.88%
MSCI	C	-0.84%
PRU	A	-0.82%
TOST	B	-0.77%
LDOS	C	-0.76%
RJF	A	-0.76%
UAL	A	-0.76%
ROST	D	-0.76%
CVNA	B	-0.75%
KR	B	-0.74%
CAH	B	-0.74%
WTW	B	-0.72%
STT	B	-0.7%
CSGP	D	-0.67%
NVR	D	-0.66%
HPE	B	-0.66%
AXON	A	-0.65%
TWLO	A	-0.65%
KEY	B	-0.64%
PPG	F	-0.64%
CCL	A	-0.64%
HUBS	A	-0.63%
CW	C	-0.63%
EQH	C	-0.63%
NRG	B	-0.63%
CLX	A	-0.62%
INCY	C	-0.62%
TOL	B	-0.61%
NUE	C	-0.61%
FIS	C	-0.61%
TXT	D	-0.6%
VICI	C	-0.6%
CACI	D	-0.6%
EIX	B	-0.59%
HUBB	B	-0.59%
SSNC	B	-0.59%
AIZ	A	-0.59%
LNG	A	-0.58%
ALLE	C	-0.58%
CCI	C	-0.58%
DHI	F	-0.58%
AMP	A	-0.58%
COR	B	-0.58%
DD	C	-0.57%
CNC	D	-0.56%
ALL	A	-0.56%
IDXX	F	-0.56%
MPWR	F	-0.55%
TRGP	A	-0.54%
DKNG	B	-0.54%
EXEL	B	-0.53%
CTAS	B	-0.53%
FTV	C	-0.53%
GL	C	-0.53%
DCI	B	-0.52%
GRMN	B	-0.52%
UNM	A	-0.51%
MEDP	D	-0.51%
CNP	A	-0.5%
SYF	B	-0.5%
CCK	D	-0.49%
GAP	C	-0.49%
ALSN	B	-0.48%
LNW	F	-0.48%
AMH	C	-0.48%
BWXT	B	-0.47%
STLD	B	-0.47%
TT	A	-0.47%
BERY	C	-0.46%
BURL	B	-0.46%
ECL	D	-0.45%
UHS	D	-0.45%
TPR	B	-0.45%
AXTA	B	-0.45%
SNX	D	-0.44%
PSA	C	-0.44%
HLT	A	-0.44%
VMC	B	-0.43%
NDAQ	A	-0.43%
BRX	A	-0.43%
WAB	B	-0.43%
ANF	F	-0.43%
NVT	B	-0.42%
GWW	B	-0.42%
CL	D	-0.4%
EVRG	A	-0.4%
CPNG	D	-0.39%
UTHR	C	-0.39%
HIG	B	-0.39%
PCAR	B	-0.39%
EEFT	B	-0.38%
FIX	A	-0.38%
AM	A	-0.38%
VMI	B	-0.37%
KLAC	F	-0.37%
PCG	A	-0.36%
IQV	F	-0.36%
HXL	F	-0.35%
LPX	B	-0.34%
BAH	F	-0.34%
BRO	B	-0.34%
SEE	C	-0.34%
EBAY	D	-0.33%
Z	A	-0.33%
GIS	D	-0.33%
ZION	B	-0.33%
AYI	B	-0.32%
WU	F	-0.32%
WCC	B	-0.32%
BLD	D	-0.32%
EME	A	-0.31%
CPAY	A	-0.31%
DVN	F	-0.3%
RS	B	-0.3%
GDDY	A	-0.29%
A	D	-0.28%
LEN	D	-0.28%
EQR	C	-0.28%
ELAN	D	-0.28%
RGA	A	-0.27%
IFF	D	-0.27%
MTDR	B	-0.27%
XEL	A	-0.27%
ZBRA	B	-0.26%
CBOE	C	-0.26%
BILL	A	-0.26%
GLPI	C	-0.26%
ZG	A	-0.26%
LHX	C	-0.25%
FANG	C	-0.25%
AME	A	-0.25%
INGR	C	-0.25%
GTES	A	-0.23%
SEIC	B	-0.23%
MTB	A	-0.22%
SBAC	D	-0.22%
HII	F	-0.22%
OC	A	-0.22%
CFG	B	-0.22%
FLS	B	-0.21%
HES	B	-0.21%
TW	A	-0.21%
DFS	B	-0.21%
HRB	D	-0.21%
KMB	C	-0.21%
NOC	D	-0.2%
CDW	F	-0.2%
DXCM	C	-0.19%
DKS	D	-0.19%
ADTN	A	-0.19%
GPN	B	-0.19%
MKTX	D	-0.19%
BLDR	D	-0.19%
ACM	B	-0.18%
RCL	A	-0.18%
NWSA	A	-0.18%
USFD	A	-0.16%
WWD	C	-0.16%
SAM	C	-0.15%
KD	B	-0.15%
KMI	A	-0.14%
TPL	A	-0.14%
REG	A	-0.13%
ANSS	B	-0.13%
ATI	C	-0.13%
MORN	B	-0.12%
ITT	A	-0.12%
FTI	A	-0.12%
CHDN	B	-0.12%
AES	F	-0.12%
CINF	A	-0.12%
CBSH	B	-0.11%
IBKR	A	-0.11%
EXC	C	-0.11%
COIN	C	-0.11%
GEHC	D	-0.11%
NWS	A	-0.11%
SYY	D	-0.11%
LUV	C	-0.1%
CTRA	B	-0.1%
ROP	B	-0.1%
WSM	C	-0.1%
VLTO	C	-0.1%
ACGL	C	-0.09%
LPLA	A	-0.09%
AWK	C	-0.09%
WBD	B	-0.08%
LEG	F	-0.08%
MGM	D	-0.08%
AXS	A	-0.08%
ES	C	-0.08%
ADM	D	-0.07%
JHG	B	-0.07%
KEX	B	-0.07%
VSTS	C	-0.07%
MSA	F	-0.07%
DGX	A	-0.06%
FR	D	-0.06%
CI	D	-0.06%
VIRT	A	-0.06%
TNL	A	-0.06%
L	A	-0.06%
TXRH	B	-0.06%
TXG	F	-0.06%
CWEN	C	-0.06%
CSL	C	-0.05%
AFG	A	-0.05%
NTRA	A	-0.05%
WEN	D	-0.05%
EGP	D	-0.05%
PHM	D	-0.05%
AMT	C	-0.05%
DAL	B	-0.05%
DTE	C	-0.05%
OGE	A	-0.04%
CWEN	C	-0.04%
BIIB	F	-0.04%
ULTA	F	-0.04%
K	A	-0.04%
BBY	D	-0.03%
EPR	C	-0.03%
DOC	C	-0.03%
REYN	D	-0.03%
CNM	D	-0.03%
AKAM	D	-0.03%
SF	B	-0.03%
CBRE	B	-0.03%
BMRN	F	-0.03%
QGEN	D	-0.02%
AFL	B	-0.02%
POST	C	-0.02%
OVV	B	-0.02%
AJG	A	-0.02%
ED	C	-0.02%
MRO	B	-0.02%
HAL	C	-0.02%
CF	A	-0.02%
STAG	D	-0.01%
LSCC	D	-0.01%
HPQ	B	-0.01%
HOOD	B	-0.01%
SWK	D	-0.01%
ARW	D	-0.01%