FCLD vs. BTEK ETF Comparison

Comparison of Fidelity Cloud Computing ETF (FCLD) to BlackRock Future Tech ETF (BTEK)

FCLD

Fidelity Cloud Computing ETF

FCLD Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Cloud Computing Index. Normally investing at least 80% of assets in securities included in the Fidelity Cloud Computing Index and in depositary receipts representing securities included in the index. The Fidelity Cloud Computing Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that provide products or services enabling the increased adoption of cloud computing, characterized by the delivery of computing services over the internet

Grade (RS Rating)

Last Trade

$24.67

Average Daily Volume

23,449

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BTEK

BlackRock Future Tech ETF

BTEK Description

The investment seeks to maximize total return. Under normal market conditions, the fund will invest at least 80% of its net assets plus any borrowings for investment purposes in equity securities issued by U.S. and non-U.S. technology and technology-related companies in any market capitalization range, selected for their rapid and sustainable growth potential from the development, advancement and use of technology. It may invest in companies of any market capitalization located anywhere in the world, including companies located in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.69

Average Daily Volume

2,453

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCLD	BTEK
30 Days	4.80%	6.83%
60 Days	-1.00%	2.35%
90 Days	1.84%	2.28%
12 Months	40.31%	33.06%

11 Overlapping Holdings

Symbol	Grade	Weight in FCLD	Weight in BTEK	Overlap
CFLT	C	1.47%	0.9%	0.9%
DDOG	D	2.61%	1.19%	1.19%
INFA	D	0.83%	0.85%	0.83%
MDB	F	2.17%	1.93%	1.93%
NTNX	A	2.2%	1.19%	1.19%
PSTG	C	2.18%	2.38%	2.18%
SMCI	D	2.63%	1.53%	1.53%
VERX	D	0.92%	0.72%	0.72%
WDAY	F	2.81%	0.57%	0.57%
WDC	B	2.72%	1.24%	1.24%
XRX	F	1.9%	1.28%	1.28%

FCLD Overweight 34 Positions Relative to BTEK

Symbol	Grade	Weight
ORCL	D	4.98%
MSFT	C	4.9%
INTU	D	4.59%
CRM	D	4.4%
NOW	D	4.35%
EQIX	F	3.25%
DLR	D	2.94%
SNOW	F	2.86%
NTAP	B	2.73%
HPE	D	2.61%
HUBS	D	2.59%
MSTR	D	2.43%
TEAM	F	2.38%
STX	C	2.24%
ZM	F	1.99%
TWLO	D	1.96%
DT	F	1.8%
DAY	F	1.67%
DBX	F	1.55%
CVLT	A	1.55%
ESTC	B	1.51%
PATH	D	1.51%
BOX	F	1.36%
RNG	C	1.32%
FIVN	F	1.23%
TDC	F	1.19%
GTLB	F	1.16%
PEGA	D	1.14%
VRNT	B	1.06%
DOCN	D	1.05%
FROG	D	0.99%
AI	F	0.87%
SWI	B	0.7%
FSLY	F	0.62%

FCLD Underweight 44 Positions Relative to BTEK

Symbol	Grade	Weight
NVDA	B	-8.26%
SNPS	D	-3.58%
MELI	B	-1.76%
SPOT	B	-1.65%
KLAC	A	-1.6%
MPWR	B	-1.6%
MRVL	D	-1.51%
IOT	B	-1.38%
TTWO	D	-1.28%
PINS	A	-1.2%
RMBS	F	-1.17%
PANW	B	-1.15%
ARM	F	-1.13%
TSLA	D	-1.11%
MANH	D	-1.1%
VRT	A	-1.08%
RDDT	C	-1.03%
JBL	D	-1.02%
ENTG	D	-0.91%
CRDO	F	-0.85%
CGNX	B	-0.84%
PWR	B	-0.83%
AMKR	C	-0.82%
COHR	D	-0.8%
QTWO	A	-0.78%
MNDY	D	-0.73%
NET	F	-0.72%
S	D	-0.71%
PTC	D	-0.68%
CYBR	D	-0.65%
ZS	F	-0.64%
SNAP	B	-0.58%
LSCC	F	-0.57%
MTSI	B	-0.56%
STM	F	-0.55%
NCNO	D	-0.46%
DAVA	F	-0.45%
SLAB	D	-0.4%
SDGR	F	-0.25%
HCP	B	-0.05%
ALTR	C	-0.03%
APPF	B	-0.03%
EXPE	F	-0.02%
GLOB	D	-0.02%

BTEK: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Internet Content & Information Data Storage Information Technology Services Scientific & Technical Instruments Semiconductor Equipment & Materials Auto Manufacturers Communication Equipment Computer Hardware Conglomerates Contract Manufacturers Electronic Gaming & Multimedia Engineering & Construction Health Information Services Internet Content & Information Leisure Semiconductor Memory Specialty Retail