FDFF vs. KBWB ETF Comparison

Comparison of Fidelity Disruptive Finance ETF (FDFF) to PowerShares KBW Bank Portfolio ETF (KBWB)
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

$30.16

Average Daily Volume

2,815

Number of Holdings *

9

* may have additional holdings in another (foreign) market
KBWB

PowerShares KBW Bank Portfolio ETF

KBWB Description The PowerShares KBW Bank Portfolio (Fund) is based on the KBW Bank Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is a float adjusted modified-market capitalization-weighted index that seeks to reflect the performance of companies that do business as banks or thrifts that are publicly-traded in the US. The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and is composed of approximately 24 companies representing leading national money centers and regional banks or thrifts. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$53.81

Average Daily Volume

685,916

Number of Holdings *

24

* may have additional holdings in another (foreign) market
Performance
Period FDFF KBWB
30 Days -5.01% 1.78%
60 Days -5.34% 6.12%
90 Days 3.03% 13.01%
12 Months 44.63%
1 Overlapping Holdings
Symbol Grade Weight in FDFF Weight in KBWB Overlap
COF B 4.86% 3.91% 3.91%
FDFF Overweight 8 Positions Relative to KBWB
Symbol Grade Weight
V C 5.76%
MA D 5.56%
BLK D 5.43%
EFX D 5.14%
BRP B 4.05%
ICE C 4.03%
FLYW F 3.84%
DLO F 3.67%
FDFF Underweight 23 Positions Relative to KBWB
Symbol Grade Weight
GS A -8.34%
BAC B -8.13%
WFC A -8.13%
MS A -8.08%
JPM B -7.83%
C A -4.2%
TFC B -4.13%
FITB A -4.1%
MTB A -3.97%
PNC B -3.97%
HBAN A -3.84%
BK A -3.82%
STT C -3.77%
USB D -3.72%
RF B -3.49%
NTRS C -3.3%
CFG A -3.09%
KEY C -2.67%
EWBC A -2.05%
FHN A -1.63%
CMA B -1.32%
WAL B -1.26%
ZION B -1.2%
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