FCLD vs. XSW ETF Comparison

Comparison of Fidelity Cloud Computing ETF (FCLD) to SPDR S&P Software & Services ETF (XSW)

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

$29.35

Average Daily Volume

14,361

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$194.96

Average Daily Volume

13,855

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	FCLD	XSW
30 Days	18.74%	19.12%
60 Days	21.70%	22.87%
90 Days	24.10%	24.41%
12 Months	42.86%	45.80%

30 Overlapping Holdings

Symbol	Grade	Weight in FCLD	Weight in XSW	Overlap
AI	B	1.1%	0.71%	0.71%
BOX	B	1.2%	0.63%	0.63%
CFLT	B	1.64%	0.87%	0.87%
CRM	B	5.14%	0.81%	0.81%
CVLT	B	1.49%	0.72%	0.72%
DBX	B	1.42%	0.68%	0.68%
DDOG	A	2.54%	0.71%	0.71%
DT	C	1.67%	0.64%	0.64%
ESTC	C	1.52%	0.72%	0.72%
FIVN	C	1.19%	0.85%	0.85%
GTLB	B	1.34%	0.67%	0.67%
HUBS	A	2.76%	0.86%	0.86%
INFA	D	0.7%	0.6%	0.6%
INTU	C	4.27%	0.65%	0.65%
MSFT	F	3.85%	0.59%	0.59%
MSTR	C	4.92%	1.39%	1.39%
NOW	A	4.68%	0.71%	0.71%
NTNX	A	1.91%	0.73%	0.73%
ORCL	B	4.92%	0.7%	0.7%
PATH	C	1.24%	0.65%	0.65%
PD	C	0.88%	0.68%	0.68%
PEGA	A	1.26%	0.81%	0.81%
RNG	B	1.18%	0.78%	0.78%
SWI	B	0.64%	0.66%	0.64%
TDC	D	1.0%	0.63%	0.63%
TEAM	A	3.1%	0.93%	0.93%
VERX	B	1.14%	0.84%	0.84%
VRNT	C	0.77%	0.59%	0.59%
WDAY	B	2.75%	0.66%	0.66%
ZM	B	2.21%	0.76%	0.76%

FCLD Overweight 18 Positions Relative to XSW

Symbol	Grade	Weight
EQIX	A	3.15%
DLR	B	2.92%
SNOW	C	2.63%
TWLO	A	2.4%
HPE	B	2.37%
NTAP	C	1.99%
DAY	B	1.96%
MDB	C	1.93%
FFIV	B	1.88%
WDC	D	1.84%
STX	D	1.77%
XRX	F	1.75%
PSTG	D	1.74%
FROG	C	0.99%
SMCI	F	0.91%
DOCN	D	0.88%
FSLY	D	0.75%
VNET	B	0.65%

FCLD Underweight 103 Positions Relative to XSW

Symbol	Grade	Weight
APP	B	-1.52%
CIFR	B	-1.29%
RIOT	C	-1.06%
NNBR	C	-1.04%
BILL	A	-1.04%
WULF	C	-1.04%
PLTR	B	-1.02%
CLSK	C	-0.96%
RBRK	A	-0.88%
FRSH	C	-0.88%
DOCU	A	-0.87%
NCNO	B	-0.85%
QTWO	A	-0.83%
CRWD	B	-0.81%
MARA	C	-0.81%
IDCC	A	-0.81%
PRO	C	-0.79%
SOUN	C	-0.78%
FTNT	C	-0.78%
INTA	A	-0.77%
OLO	B	-0.76%
CWAN	B	-0.76%
WK	B	-0.76%
PCOR	B	-0.76%
BL	B	-0.75%
KD	B	-0.75%
ALKT	B	-0.75%
FICO	B	-0.75%
AGYS	A	-0.74%
EPAM	C	-0.74%
ZS	C	-0.74%
ASAN	C	-0.73%
APPN	B	-0.73%
RPD	C	-0.73%
ATEN	B	-0.73%
S	B	-0.73%
TTWO	A	-0.72%
QLYS	C	-0.72%
PRGS	A	-0.71%
ALTR	B	-0.71%
DJCO	B	-0.71%
ADSK	A	-0.71%
RBLX	C	-0.7%
PANW	C	-0.7%
DV	C	-0.7%
ACIW	B	-0.7%
GWRE	A	-0.69%
GEN	B	-0.69%
SNPS	B	-0.68%
CDNS	B	-0.68%
VYX	B	-0.67%
IOT	A	-0.67%
BLND	B	-0.67%
EA	A	-0.67%
MITK	C	-0.67%
ZUO	B	-0.67%
PLTK	B	-0.67%
PTC	A	-0.67%
RAMP	C	-0.66%
ALRM	C	-0.66%
ANSS	B	-0.65%
IT	C	-0.65%
MANH	D	-0.65%
TENB	C	-0.64%
ACN	C	-0.64%
TYL	B	-0.64%
CTSH	B	-0.64%
SMAR	A	-0.64%
BRZE	C	-0.63%
SPT	C	-0.63%
AUR	C	-0.63%
OSPN	A	-0.63%
DXC	B	-0.63%
DLB	B	-0.62%
YEXT	A	-0.62%
ASGN	F	-0.62%
ROP	B	-0.62%
APPF	B	-0.62%
QXO	D	-0.62%
CXM	C	-0.61%
GDYN	B	-0.61%
BLKB	B	-0.61%
SEMR	B	-0.61%
ADBE	C	-0.6%
HCP	B	-0.6%
ENV	B	-0.6%
MLNK	B	-0.59%
BSY	D	-0.59%
IBM	C	-0.59%
VRNS	D	-0.59%
U	C	-0.58%
SPSC	C	-0.58%
IBUY	A	-0.55%
NABL	F	-0.53%
JAMF	F	-0.52%
YOU	D	-0.52%
WEAV	B	-0.46%
ETWO	F	-0.44%
CCSI	C	-0.4%
HCKT	B	-0.4%
ZETA	D	-0.39%
DMRC	C	-0.39%
LGTY	D	-0.26%