FCLD vs. IPO ETF Comparison

Comparison of Fidelity Cloud Computing ETF (FCLD) to Renaissance IPO ETF (IPO)
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

$24.32

Average Daily Volume

16,242

Number of Holdings *

47

* may have additional holdings in another (foreign) market
IPO

Renaissance IPO ETF

IPO Description The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.11

Average Daily Volume

53,004

Number of Holdings *

29

* may have additional holdings in another (foreign) market
Performance
Period FCLD IPO
30 Days 5.13% 4.63%
60 Days 2.82% 7.56%
90 Days 0.98% 6.97%
12 Months 29.13% 36.18%
2 Overlapping Holdings
Symbol Grade Weight in FCLD Weight in IPO Overlap
GTLB D 1.45% 2.96% 1.45%
INFA D 0.72% 0.78% 0.72%
FCLD Overweight 45 Positions Relative to IPO
Symbol Grade Weight
ORCL B 6.19%
NOW C 5.34%
CRM C 4.86%
INTU D 4.83%
MSFT C 4.47%
EQIX B 3.71%
WDAY D 3.22%
DLR B 3.05%
DDOG D 2.63%
MDB D 2.43%
TEAM D 2.35%
SNOW F 2.34%
STX B 2.24%
NTAP D 2.24%
HPE C 2.22%
FFIV B 2.18%
XRX D 2.16%
HUBS D 2.13%
ZM C 2.12%
NTNX D 2.03%
DT C 1.95%
WDC C 1.95%
MSTR C 1.95%
DAY D 1.86%
TWLO C 1.86%
CVLT B 1.8%
PSTG F 1.63%
DBX C 1.55%
BOX C 1.49%
SMCI F 1.46%
PATH D 1.38%
PEGA B 1.22%
ESTC F 1.15%
CFLT F 1.1%
DOCN C 1.09%
TDC D 1.03%
VERX D 0.97%
RNG F 0.97%
FROG F 0.94%
PDFS D 0.89%
AI F 0.87%
FIVN F 0.77%
VRNT F 0.76%
SWI B 0.73%
FSLY D 0.7%
FCLD Underweight 27 Positions Relative to IPO
Symbol Grade Weight
KVUE B -11.89%
NU C -11.63%
ARM C -7.17%
HOOD C -6.99%
ONON B -5.85%
RIVN F -5.15%
DUOL C -4.07%
CRBG C -3.29%
CNM F -3.24%
RYAN C -3.12%
S D -2.52%
TPG C -2.28%
GFS F -1.83%
NUVL D -1.68%
HCP A -1.55%
BROS D -1.47%
FRSH F -1.07%
BIRK F -0.9%
BRZE F -0.86%
RDDT C -0.71%
PWSC C -0.64%
FLNC C -0.63%
ACT C -0.5%
BLCO C -0.34%
RBRK F -0.34%
INST D -0.25%
ZK C -0.16%
Compare ETFs