FDFF vs. KEMQ ETF Comparison

Comparison of Fidelity Disruptive Finance ETF (FDFF) to KraneShares FTSE Emerging Markets Consumer Technology Index ETF (KEMQ)

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

KEMQ

KraneShares FTSE Emerging Markets Consumer Technology Index ETF

KEMQ Description

The investment seeks to provide investment results that track the price and yield performance of Solactive Emerging Market Consumer Technology Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index, depositary receipts, including ADRs, representing such components and securities underlying depositary receipts in the index. The index is composed of the equity securities of the 50 companies with the largest market capitalization that are headquartered in certain emerging market and frontier countries and engaged in the consumer or technology sectors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$17.35

Average Daily Volume

2,604

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDFF	KEMQ
30 Days	9.01%	-4.99%
60 Days	14.00%	6.27%
90 Days	16.82%	6.78%
12 Months	43.70%	17.40%

2 Overlapping Holdings

	Symbol	Grade	Weight in FDFF	Weight in KEMQ	Overlap
	DLO	C	2.0%	0.83%	0.83%
	MELI	C	0.81%	2.13%	0.81%

FDFF Overweight 31 Positions Relative to KEMQ

Symbol	Grade	Weight
BLK	B	5.78%
APO	B	5.71%
V	A	5.36%
MA	B	5.06%
COF	C	5.03%
FLYW	B	4.39%
MSTR	B	3.84%
EFX	F	3.33%
ICE	C	2.9%
TOST	B	2.83%
SQ	A	2.07%
OWL	A	2.06%
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%
RPAY	D	0.68%
UWMC	D	0.59%

FDFF Underweight 10 Positions Relative to KEMQ

Symbol	Grade	Weight
SE	A	-4.25%
PDD	F	-3.85%
BABA	D	-3.45%
BILI	D	-3.18%
TCOM	B	-2.92%
GDS	C	-2.91%
CPNG	D	-2.51%
BIDU	F	-2.31%
UMC	F	-1.89%
VIPS	F	-0.74%