FCLD vs. IETC ETF Comparison

Comparison of Fidelity Cloud Computing ETF (FCLD) to iShares Evolved U.S. Technology ETF (IETC)

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

$23.62

Average Daily Volume

26,010

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IETC

iShares Evolved U.S. Technology ETF

IETC Description

The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$68.02

Average Daily Volume

37,051

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

Performance

Period	FCLD	IETC
30 Days	-4.87%	-3.90%
60 Days	-7.68%	-4.33%
90 Days	-1.01%	1.29%
12 Months	47.15%	48.89%

18 Overlapping Holdings

Symbol	Grade	Weight in FCLD	Weight in IETC	Overlap
CFLT	D	1.46%	0.11%	0.11%
CRM	D	4.35%	5.25%	4.35%
DDOG	C	2.9%	0.17%	0.17%
DLR	B	2.93%	0.07%	0.07%
DOCN	D	0.93%	0.04%	0.04%
EQIX	F	3.06%	0.63%	0.63%
HUBS	D	2.73%	0.13%	0.13%
INTU	C	4.66%	0.06%	0.06%
MSFT	C	4.82%	10.1%	4.82%
NOW	D	4.31%	1.51%	1.51%
NTAP	C	2.56%	0.28%	0.28%
ORCL	D	5.02%	3.52%	3.52%
PSTG	C	2.13%	0.08%	0.08%
SMCI	D	2.89%	0.17%	0.17%
SNOW	D	2.83%	0.59%	0.59%
TEAM	F	2.34%	0.01%	0.01%
WDAY	D	2.85%	0.19%	0.19%
ZM	F	1.96%	0.38%	0.38%

FCLD Overweight 27 Positions Relative to IETC

Symbol	Grade	Weight
WDC	B	2.74%
HPE	D	2.58%
MSTR	D	2.5%
MDB	F	2.31%
STX	D	2.07%
NTNX	C	2.06%
TWLO	C	1.92%
DT	F	1.84%
XRX	F	1.83%
DAY	F	1.65%
DBX	F	1.57%
ESTC	C	1.51%
PATH	D	1.49%
CVLT	A	1.41%
BOX	F	1.37%
FIVN	F	1.35%
TDC	F	1.32%
FROG	D	1.22%
GTLB	F	1.2%
PEGA	D	1.14%
RNG	D	1.1%
VRNT	C	1.05%
FSLY	F	0.93%
INFA	D	0.9%
VERX	D	0.86%
AI	F	0.79%
SWI	B	0.67%

FCLD Underweight 132 Positions Relative to IETC

Symbol	Grade	Weight
AVGO	D	-9.47%
NVDA	C	-8.43%
AMZN	A	-8.07%
ACN	F	-5.19%
AAPL	C	-2.46%
GOOGL	A	-2.37%
CSCO	F	-2.23%
GOOG	A	-2.02%
META	D	-2.01%
CDNS	D	-1.91%
IBM	D	-1.83%
MSI	A	-1.73%
ICE	D	-1.39%
VRSN	F	-1.13%
ADBE	D	-1.11%
MANH	F	-0.99%
MRVL	D	-0.93%
QCOM	A	-0.89%
MA	D	-0.87%
AMD	D	-0.82%
PH	C	-0.81%
CDW	F	-0.79%
SPGI	C	-0.62%
ADP	D	-0.59%
FDS	D	-0.56%
IT	D	-0.54%
V	D	-0.49%
TYL	A	-0.48%
INTC	F	-0.47%
CRWD	D	-0.47%
CSGP	C	-0.47%
COIN	D	-0.44%
NET	F	-0.41%
ANSS	D	-0.4%
LMT	B	-0.37%
PANW	B	-0.37%
DELL	B	-0.36%
ANET	D	-0.34%
CPAY	B	-0.29%
MCO	C	-0.28%
SNAP	B	-0.28%
TXN	A	-0.27%
FIS	C	-0.26%
VRSK	C	-0.25%
BA	D	-0.25%
MU	B	-0.24%
PLTR	D	-0.23%
UBER	D	-0.23%
CME	D	-0.23%
MMC	D	-0.22%
TTEK	A	-0.22%
G	D	-0.22%
LRCX	D	-0.21%
BKNG	C	-0.21%
BAH	B	-0.2%
MPWR	C	-0.2%
SNPS	D	-0.2%
QLYS	D	-0.2%
GPN	F	-0.19%
KLAC	B	-0.19%
BSY	B	-0.19%
PINS	A	-0.18%
KEYS	D	-0.18%
QRVO	F	-0.18%
PAYX	D	-0.17%
DASH	D	-0.17%
AKAM	F	-0.17%
VRT	A	-0.17%
ADSK	D	-0.16%
TTD	B	-0.16%
FTNT	F	-0.16%
OMC	B	-0.15%
IQV	D	-0.15%
NXPI	A	-0.14%
HPQ	D	-0.14%
JKHY	D	-0.14%
IRM	D	-0.13%
CACI	A	-0.13%
ABNB	D	-0.13%
TRU	C	-0.13%
EBAY	C	-0.12%
NSIT	A	-0.12%
SQ	D	-0.12%
SLB	F	-0.11%
TER	A	-0.11%
IPG	F	-0.11%
MSCI	F	-0.1%
ROP	F	-0.1%
A	C	-0.1%
EA	D	-0.1%
VEEV	D	-0.1%
AON	F	-0.09%
FICO	D	-0.09%
ASGN	D	-0.09%
TRMB	D	-0.09%
SSNC	C	-0.08%
FBIN	D	-0.07%
BR	C	-0.07%
PAYC	F	-0.07%
NDAQ	B	-0.07%
SLAB	D	-0.07%
ROK	F	-0.07%
SAIC	D	-0.06%
CPNG	A	-0.06%
JNPR	D	-0.06%
BBY	D	-0.06%
J	B	-0.06%
ILMN	F	-0.05%
TDY	D	-0.05%
MMS	C	-0.05%
LPLA	A	-0.05%
ENPH	F	-0.04%
OKTA	D	-0.04%
CL	A	-0.04%
APPN	F	-0.04%
DXC	F	-0.04%
MRCY	D	-0.03%
XYL	A	-0.03%
RBLX	C	-0.03%
ZI	C	-0.03%
AMRC	C	-0.03%
BILL	F	-0.03%
APTV	D	-0.02%
ROL	B	-0.02%
GLW	B	-0.02%
SEE	C	-0.02%
RIVN	F	-0.01%
TOST	D	-0.01%
SMAR	D	-0.01%
GDDY	A	-0.01%
ALGN	F	-0.0%
FTV	F	-0.0%

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Capital Markets Computer Systems Diversified Industrials Scientific & Technical Instruments Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Engineering & Construction Financial Data & Stock Exchanges Specialty Retail Advertising Agencies Aerospace & Defense Credit Services Data Storage