FDCF vs. NWLG ETF Comparison

Comparison of Fidelity Disruptive Communications ETF (FDCF) to Nuveen Winslow Large-Cap Growth ESG ETF (NWLG)

FDCF

Fidelity Disruptive Communications ETF

FDCF Description

The fund normally invests at least 80% of assets in securities of disruptive communications companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.56

Average Daily Volume

6,453

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NWLG

Nuveen Winslow Large-Cap Growth ESG ETF

NWLG Description

The investment seeks to provide long-term capital appreciation. The fund invests primarily in exchange-traded equity securities of large-cap U.S. companies that exhibit ESG characteristics. It invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in exchange-traded equity securities of companies with large capitalizations at the time of purchase. The fund may invest up to 20% of its net assets in non-U.S. equity securities listed on a foreign exchange that trade on such exchange contemporaneously with the shares of the fund.

Grade (RS Rating)

Last Trade

$33.65

Average Daily Volume

821

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDCF	NWLG
30 Days	3.02%	3.69%
60 Days	7.38%	5.11%
90 Days	9.05%	6.29%
12 Months	41.68%	36.57%

11 Overlapping Holdings

Symbol	Grade	Weight in FDCF	Weight in NWLG	Overlap
AAPL	C	2.43%	5.8%	2.43%
AMZN	C	5.62%	8.8%	5.62%
ANET	C	4.87%	1.4%	1.4%
GOOGL	C	5.47%	3.26%	3.26%
MSFT	F	1.37%	12.09%	1.37%
NFLX	A	2.08%	2.02%	2.02%
NOW	A	1.35%	1.92%	1.35%
NVDA	C	5.66%	9.85%	5.66%
SNPS	B	1.04%	0.99%	0.99%
SPOT	B	1.51%	2.61%	1.51%
UBER	D	2.47%	0.5%	0.5%

FDCF Overweight 24 Positions Relative to NWLG

Symbol	Grade	Weight
SE	B	4.91%
AMT	D	4.68%
TMUS	B	4.48%
TSM	B	4.34%
LBRDA	C	4.1%
META	D	3.08%
SNAP	C	3.02%
PDD	F	2.9%
TWLO	A	2.78%
PINS	D	2.53%
CDNS	B	2.28%
CMCSA	B	2.2%
IOT	A	1.88%
BABA	D	1.41%
ZM	B	1.39%
PI	D	1.3%
DOCU	A	1.11%
DY	D	1.09%
NXPI	D	1.09%
GOGO	C	1.02%
NET	B	1.01%
BMBL	C	0.98%
SATS	D	0.71%
ON	D	0.69%

FDCF Underweight 31 Positions Relative to NWLG

Symbol	Grade	Weight
TT	A	-2.84%
GOOG	C	-2.8%
MA	C	-2.79%
AVGO	D	-2.73%
ISRG	A	-2.42%
WDAY	B	-2.31%
INTU	C	-2.1%
KKR	A	-2.07%
ORCL	B	-2.06%
BKNG	A	-2.04%
MELI	D	-1.91%
LLY	F	-1.89%
GE	D	-1.85%
FICO	B	-1.81%
CMG	B	-1.6%
SHOP	B	-1.44%
AMD	F	-1.28%
LRCX	F	-1.27%
SYK	C	-1.2%
ASML	F	-1.2%
ORLY	B	-1.2%
APH	A	-1.15%
FI	A	-1.14%
TXN	C	-1.12%
HLT	A	-1.04%
BSX	B	-0.99%
VMC	B	-0.96%
ECL	D	-0.96%
WCN	A	-0.9%
ALNY	D	-0.85%
ADBE	C	-0.81%