FDFF vs. BLCV ETF Comparison

Comparison of Fidelity Disruptive Finance ETF (FDFF) to BlackRock Large Cap Value ETF (BLCV)

FDFF

Fidelity Disruptive Finance ETF

FDFF Description

The fund normally invests at least 80% of assets in securities of disruptive finance 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

$37.70

Average Daily Volume

2,380

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BLCV

BlackRock Large Cap Value ETF

BLCV Description

Under normal circumstances, the fund seeks to invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in large cap equity securities and derivatives that have similar economic characteristics to such securities. The fund invests primarily in equity securities that BFA believes are undervalued, which means that their prices are less than BFA believes they are worth. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.26

Average Daily Volume

3,570

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDFF	BLCV
30 Days	9.01%	1.94%
60 Days	14.00%	3.72%
90 Days	16.82%	3.69%
12 Months	43.70%	26.46%

2 Overlapping Holdings

	Symbol	Grade	Weight in FDFF	Weight in BLCV	Overlap
	ICE	C	2.9%	2.23%	2.23%
	V	A	5.36%	1.11%	1.11%

FDFF Overweight 31 Positions Relative to BLCV

Symbol	Grade	Weight
BLK	B	5.78%
APO	B	5.71%
MA	B	5.06%
COF	C	5.03%
FLYW	B	4.39%
MSTR	B	3.84%
EFX	F	3.33%
TOST	B	2.83%
SQ	A	2.07%
OWL	A	2.06%
DLO	C	2.0%
COIN	C	2.0%
FI	A	1.83%
TW	A	1.48%
CBOE	C	1.47%
NRDS	C	1.38%
ARES	A	1.34%
MKTX	D	1.16%
CASH	B	1.15%
VRSK	A	1.1%
NU	C	1.09%
MSCI	C	1.06%
BILL	A	1.03%
VIRT	A	0.99%
PFSI	C	0.96%
AMH	C	0.9%
FOUR	A	0.89%
ALLY	C	0.85%
MELI	C	0.81%
RPAY	D	0.68%
UWMC	D	0.59%

FDFF Underweight 54 Positions Relative to BLCV

Symbol	Grade	Weight
WFC	A	-4.18%
C	A	-3.58%
CAH	B	-3.19%
SSNC	B	-2.94%
CSCO	B	-2.79%
LHX	C	-2.73%
FCNCA	A	-2.62%
MDT	D	-2.5%
CMCSA	B	-2.48%
LDOS	C	-2.4%
CTSH	B	-2.3%
CVS	D	-2.24%
AMZN	C	-2.23%
MSFT	D	-2.2%
FIS	C	-2.19%
EA	A	-2.08%
LH	B	-2.07%
BAX	F	-1.99%
DNB	B	-1.98%
EPD	A	-1.96%
JCI	B	-1.95%
GM	C	-1.94%
RTX	D	-1.85%
CI	D	-1.85%
WAB	B	-1.79%
SRE	A	-1.76%
HES	B	-1.62%
KHC	F	-1.59%
HPQ	B	-1.58%
EXC	C	-1.58%
CCI	C	-1.51%
D	C	-1.44%
AIG	B	-1.41%
PPG	F	-1.37%
VZ	C	-1.36%
KOS	D	-1.33%
APD	A	-1.32%
WDC	D	-1.32%
STZ	D	-1.21%
APTV	F	-1.2%
FNF	B	-1.18%
WTW	B	-1.14%
KDP	F	-1.12%
ELV	F	-1.06%
TPR	B	-1.05%
IFF	D	-1.02%
LLY	F	-0.98%
BTI	B	-0.93%
DLTR	F	-0.9%
SEE	C	-0.81%
BA	F	-0.79%
DG	F	-0.59%
VOYA	B	-0.49%
FTRE	D	-0.42%