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

$21.65

Average Daily Volume

327

Number of Holdings *

13

* may have additional holdings in another (foreign) market
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

$18.91

Average Daily Volume

2,498

Number of Holdings *

28

* may have additional holdings in another (foreign) market
Performance
Period ETEC FDHT
30 Days 1.62% 0.56%
60 Days 0.07% -0.86%
90 Days 8.28% -0.39%
12 Months -6.74% -5.10%
0 Overlapping Holdings
Symbol Grade Weight in ETEC Weight in FDHT Overlap
ETEC Overweight 13 Positions Relative to FDHT
Symbol Grade Weight
BWA B 6.39%
OLED D 5.79%
FSLR B 4.05%
TSLA D 4.02%
XYL A 3.19%
ENPH F 3.16%
NIO D 2.2%
XPEV D 2.14%
SEDG F 2.04%
LI D 2.02%
PLUG F 1.4%
LCID F 1.14%
DQ F 0.88%
ETEC Underweight 28 Positions Relative to FDHT
Symbol Grade Weight
RMD A -5.51%
DXCM D -5.07%
ISRG C -4.56%
VEEV D -4.26%
INSP B -3.45%
PODD D -3.41%
MMS C -2.47%
TNDM A -2.37%
CI B -2.27%
AXNX C -2.21%
IRTC B -2.16%
IQV D -2.05%
PINC C -2.03%
EVH F -1.91%
CRVL C -1.9%
DOCS D -1.88%
CTSH F -1.83%
HIMS D -1.78%
RCM D -1.77%
TDOC F -1.75%
OMCL C -1.68%
ASTH D -1.5%
PHR D -1.36%
GDRX B -1.17%
ACCD F -1.03%
NVRO F -0.94%
HCAT F -0.85%
DH F -0.85%
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