ETEC vs. FDHT ETF Comparison
Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to Fidelity Digital Health ETF (FDHT)
ETEC
iShares Breakthrough Environmental Solutions ETF
ETEC Description
ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.
Grade (RS Rating)
Last Trade
$19.76
Average Daily Volume
519
11
FDHT
Fidelity Digital Health ETF
FDHT Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Digital Health Index. Normally investing at least 80% of assets in securities included in the Fidelity Digital Health Index and in depositary receipts representing securities included in the index. The Fidelity Digital Health Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum providing healthcare records management, connected healthcare devices, surgical robotics, telemedicine, and other technology-enabled healthcare products and services.Grade (RS Rating)
Last Trade
$20.11
Average Daily Volume
1,373
28
Performance
Period | ETEC | FDHT |
---|---|---|
30 Days | -3.35% | -1.05% |
60 Days | -6.11% | 0.04% |
90 Days | -3.59% | 3.00% |
12 Months | -7.07% | 17.32% |
0 Overlapping Holdings
Symbol | Grade | Weight in ETEC | Weight in FDHT | Overlap |
---|
ETEC Underweight 28 Positions Relative to FDHT
Symbol | Grade | Weight | |
---|---|---|---|
ISRG | A | -4.78% | |
VEEV | C | -4.6% | |
DXCM | C | -4.59% | |
PODD | C | -4.46% | |
RMD | C | -4.09% | |
HIMS | B | -3.57% | |
MASI | B | -3.53% | |
DOCS | C | -3.51% | |
MMS | F | -2.5% | |
IRTC | C | -2.44% | |
INSP | D | -2.4% | |
CRVL | B | -2.34% | |
AXNX | A | -2.25% | |
CTSH | B | -2.12% | |
PINC | B | -2.11% | |
RCM | A | -2.07% | |
OMCL | C | -1.98% | |
TDOC | C | -1.97% | |
CI | D | -1.85% | |
IQV | F | -1.69% | |
ASTH | F | -1.6% | |
PHR | F | -1.41% | |
TNDM | D | -1.41% | |
HCAT | D | -1.29% | |
AXGN | C | -1.14% | |
EVH | F | -0.93% | |
ACCD | D | -0.85% | |
GDRX | F | -0.73% |
ETEC: Top Represented Industries & Keywords
FDHT: Top Represented Industries & Keywords