FCOM vs. DUSA ETF Comparison

Comparison of Fidelity MSCI Telecommunication Services Index ETF (FCOM) to Davis Select U.S. Equity ETF (DUSA)

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

$48.01

Average Daily Volume

102,650

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DUSA

Davis Select U.S. Equity ETF

DUSA Description

The investment seeks long-term capital growth and capital preservation. 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. companies. The fund's portfolio, generally, contains between 15 and 35 companies. It may invest a portion of its assets in financial services companies. The fund may also invest in mid- and small-capitalization companies, which the manager considers to be those companies with less than $10 billion in market capitalization. It may invest up to 20% of net assets in non-U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.76

Average Daily Volume

28,706

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCOM	DUSA
30 Days	-0.02%	-0.89%
60 Days	1.74%	1.67%
90 Days	7.41%	8.83%
12 Months	34.47%	32.28%

2 Overlapping Holdings

	Symbol	Grade	Weight in FCOM	Weight in DUSA	Overlap
	GOOG	A	10.85%	4.4%	4.4%
	META	A	23.4%	11.97%	11.97%

FCOM Overweight 87 Positions Relative to DUSA

Symbol	Grade	Weight
GOOGL	A	13.56%
NFLX	A	4.6%
DIS	B	4.48%
VZ	A	4.39%
CMCSA	D	4.23%
T	C	3.4%
TMUS	B	2.85%
TTD	B	1.43%
EA	D	1.33%
TTWO	D	1.17%
CHTR	F	1.13%
OMC	A	1.06%
LYV	C	1.04%
PINS	D	1.02%
WBD	F	0.98%
RBLX	D	0.9%
IPG	D	0.85%
SNAP	C	0.82%
NWSA	C	0.78%
FOXA	B	0.73%
MTCH	F	0.72%
ROKU	F	0.67%
NYT	D	0.64%
LBRDK	F	0.56%
NXST	C	0.53%
PARA	F	0.52%
EDR	A	0.46%
FYBR	C	0.42%
ZI	D	0.41%
FOX	B	0.38%
IAC	F	0.35%
MSGS	D	0.28%
TRIP	C	0.27%
IRDM	D	0.27%
CCOI	D	0.27%
YELP	D	0.25%
ZD	F	0.24%
SIRI	F	0.24%
TGNA	F	0.24%
CNK	A	0.19%
CARG	C	0.18%
CABO	D	0.17%
SATS	B	0.16%
TDS	D	0.15%
LUMN	F	0.13%
LGF.A	A	0.12%
MGNI	F	0.11%
GSAT	F	0.1%
CARS	D	0.1%
SSTK	F	0.1%
MSGE	B	0.1%
QNST	A	0.09%
SCHL	D	0.09%
PUBM	A	0.09%
LILAK	B	0.09%
BMBL	F	0.09%
IAS	F	0.07%
ZIP	F	0.07%
TTGT	F	0.07%
SHEN	F	0.07%
THRY	A	0.07%
IMAX	A	0.07%
LGF.A	A	0.06%
IDT	C	0.06%
GTN	D	0.05%
ADV	A	0.05%
AMC	F	0.05%
VMEO	F	0.05%
STGW	F	0.05%
GOGO	F	0.05%
USM	D	0.05%
BOC	D	0.04%
CCO	F	0.04%
MAX	D	0.04%
ATUS	F	0.04%
FUBO	F	0.04%
EB	F	0.04%
ATEX	D	0.04%
AMCX	F	0.03%
ATNI	F	0.03%
MCS	F	0.03%
CNSL	C	0.03%
ANGI	F	0.02%
SSP	F	0.02%
IHRT	F	0.02%
LILA	B	0.02%
EVC	F	0.01%

FCOM Underweight 19 Positions Relative to DUSA

Symbol	Grade	Weight
COF	A	-10.02%
BRK.A	C	-9.58%
AMZN	A	-8.42%
WFC	A	-5.64%
HUM	D	-4.77%
MKL	D	-4.64%
MGM	D	-4.44%
VTRS	D	-4.39%
AMAT	B	-4.22%
CI	A	-4.14%
USB	C	-4.04%
OC	A	-3.53%
BK	C	-3.39%
JPM	B	-3.25%
DGX	C	-2.63%
INTC	F	-1.58%
AXP	B	-1.21%
TXN	B	-0.91%
AGCO	B	-0.84%