FCOM vs. DFNV ETF Comparison

Comparison of Fidelity MSCI Telecommunication Services Index ETF (FCOM) to TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV)

FCOM

Fidelity MSCI Telecommunication Services Index ETF

FCOM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Telecommunication Services 25/50 Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Telecommunication Services 25/50 Index, which represents the performance of the telecommunication services sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Telecommunication Services 25/50 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.90

Average Daily Volume

78,923

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFNV

TrimTabs Donoghue Forlines Risk Managed Innovation ETF

DFNV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Risk Managed Free Cash Flow Innovation Index. To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the index. The index is designed to track the performance of a strategy that seeks to provide risk-managed exposure to U.S. publicly traded companies with strong free cash flow and strong research and development (R&D) investment

Grade (RS Rating)

Last Trade

$36.99

Average Daily Volume

20,580

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCOM	DFNV
30 Days	5.29%	8.99%
60 Days	7.10%	10.78%
90 Days	9.75%	13.77%
12 Months	35.81%	41.35%

7 Overlapping Holdings

Symbol	Grade	Weight in FCOM	Weight in DFNV	Overlap
EA	A	1.57%	1.09%	1.09%
MTCH	D	0.63%	0.4%	0.4%
NYT	C	0.65%	0.4%	0.4%
PINS	D	0.84%	0.7%	0.7%
RBLX	C	1.25%	1.0%	1.0%
TTD	B	1.8%	1.24%	1.24%
YELP	C	0.18%	0.18%	0.18%

FCOM Overweight 86 Positions Relative to DFNV

Symbol	Grade	Weight
META	D	21.65%
GOOGL	C	12.65%
GOOG	C	9.85%
NFLX	A	5.0%
DIS	B	4.36%
CMCSA	B	4.15%
VZ	C	4.13%
T	A	4.11%
TMUS	B	3.35%
CHTR	C	1.49%
TTWO	A	1.37%
LYV	A	1.34%
WBD	C	1.27%
OMC	C	1.03%
FOXA	B	0.85%
NWSA	B	0.85%
LBRDK	C	0.81%
IPG	D	0.77%
ROKU	D	0.74%
TKO	B	0.73%
SNAP	C	0.71%
LUMN	C	0.65%
FYBR	D	0.52%
FOX	A	0.48%
PARA	C	0.45%
EDR	A	0.42%
NXST	C	0.41%
IAC	D	0.28%
CNK	B	0.28%
CCOI	B	0.28%
MSGS	A	0.27%
RDDT	B	0.26%
IRDM	D	0.25%
TDS	B	0.25%
SATS	D	0.24%
CARG	C	0.24%
TGNA	B	0.24%
ZI	D	0.2%
ZD	C	0.2%
MGNI	A	0.16%
NPAB	B	0.16%
SIRI	C	0.15%
DJT	C	0.15%
CABO	C	0.14%
LBRDA	C	0.12%
TRIP	F	0.12%
GSAT	C	0.11%
CARS	B	0.1%
AMC	C	0.1%
QNST	B	0.09%
IMAX	B	0.09%
VMEO	B	0.08%
USM	B	0.08%
MSGE	F	0.08%
IDT	B	0.07%
LGF.A	C	0.07%
LILAK	D	0.07%
STGW	B	0.06%
GCI	D	0.06%
SSTK	F	0.06%
IAS	C	0.06%
BMBL	C	0.06%
TTGT	C	0.06%
SHEN	F	0.05%
PUBM	C	0.05%
SCHL	D	0.05%
ZIP	F	0.05%
FUBO	F	0.04%
EVER	F	0.04%
IBTA	C	0.04%
THRY	F	0.04%
GOGO	C	0.04%
ATUS	C	0.04%
MCS	B	0.04%
CNSL	C	0.03%
BOC	C	0.03%
ADV	D	0.03%
ATEX	D	0.03%
CCO	C	0.03%
GTN	F	0.03%
LGF.A	C	0.03%
MAX	F	0.03%
LILA	D	0.02%
EB	C	0.02%
AMCX	C	0.02%
ANGI	D	0.01%

FCOM Underweight 92 Positions Relative to DFNV

Symbol	Grade	Weight
AAPL	C	-7.79%
AVGO	D	-4.14%
CRM	B	-2.93%
NOW	A	-2.72%
APP	B	-2.69%
ABBV	D	-2.59%
JNJ	D	-2.45%
ADBE	C	-2.35%
PLTR	B	-2.33%
INTU	C	-2.3%
QCOM	F	-2.14%
IBM	C	-2.04%
BMY	B	-1.99%
PANW	C	-1.96%
GILD	C	-1.91%
UBER	D	-1.83%
SPOT	B	-1.8%
CRWD	B	-1.7%
AMGN	D	-1.6%
FTNT	C	-1.58%
ANET	C	-1.58%
DASH	A	-1.53%
MSI	B	-1.52%
TEAM	A	-1.38%
PYPL	B	-1.37%
MMM	D	-1.24%
ADSK	A	-1.24%
VRT	B	-1.22%
SNOW	C	-1.17%
WDAY	B	-1.17%
DDOG	A	-1.14%
VEEV	C	-1.04%
ZS	C	-0.98%
UI	A	-0.97%
EXPE	B	-0.83%
NTAP	C	-0.81%
DOCU	A	-0.81%
ZM	B	-0.8%
MCHP	D	-0.79%
NTNX	A	-0.78%
RMD	C	-0.77%
PTC	A	-0.76%
MANH	D	-0.75%
DUOL	A	-0.72%
PSTG	D	-0.68%
GEN	B	-0.68%
DT	C	-0.66%
FFIV	B	-0.6%
PCTY	B	-0.59%
VRSN	F	-0.57%
PEGA	A	-0.54%
NBIX	C	-0.53%
JKHY	D	-0.51%
GNRC	B	-0.5%
SWKS	F	-0.5%
SMAR	A	-0.5%
SOLV	C	-0.49%
CVLT	B	-0.48%
DBX	B	-0.48%
LYFT	C	-0.48%
HAS	D	-0.44%
JAZZ	B	-0.44%
ETSY	D	-0.42%
PATH	C	-0.4%
ALTR	B	-0.4%
QLYS	C	-0.39%
HALO	F	-0.38%
TENB	C	-0.36%
PI	D	-0.36%
BOX	B	-0.36%
MAT	D	-0.36%
CWAN	B	-0.33%
CRUS	D	-0.32%
ENPH	F	-0.3%
ALKS	B	-0.3%
QRVO	F	-0.29%
BL	B	-0.28%
IGT	F	-0.25%
ZETA	D	-0.24%
VERX	B	-0.23%
RNG	B	-0.22%
PLTK	B	-0.22%
PRGS	A	-0.21%
ALRM	C	-0.21%
AMZN	C	-0.2%
ACAD	D	-0.2%
TDC	D	-0.2%
RPD	C	-0.19%
FLNC	C	-0.18%
YOU	D	-0.17%
PTGX	C	-0.17%
CMPR	D	-0.15%