FDFF vs. QABA ETF Comparison

Comparison of Fidelity Disruptive Finance ETF (FDFF) to First Trust NASDAQ ABA Community Bank Index Fund (QABA)

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

$30.57

Average Daily Volume

2,429

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QABA

First Trust NASDAQ ABA Community Bank Index Fund

QABA Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) ABA Community Bank Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. For the purposes of the index, a "community bank" is considered to be all U.S.banks and thrifts or their holding companies listed on NASDAQ(R), excluding the 50 largest U.S. banks by asset size. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.41

Average Daily Volume

12,297

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	FDFF	QABA
30 Days	2.71%	11.23%
60 Days	-3.72%	9.19%
90 Days	1.41%	3.36%
12 Months		27.70%

0 Overlapping Holdings

	Symbol	Grade	Weight in FDFF	Weight in QABA	Overlap

FDFF Overweight 8 Positions Relative to QABA

Symbol	Grade	Weight
V	B	6.11%
MA	D	5.74%
BLK	B	5.42%
COF	C	5.16%
EFX	D	4.67%
ICE	B	4.16%
BRP	B	4.12%
DLO	F	3.91%

FDFF Underweight 123 Positions Relative to QABA

Symbol	Grade	Weight
CBSH	B	-4.43%
WTFC	B	-3.74%
OZK	C	-3.23%
UBSI	C	-2.77%
FFIN	B	-2.66%
HWC	C	-2.5%
UMBF	B	-2.45%
IBOC	B	-2.26%
TFSL	C	-2.2%
ABCB	C	-2.07%
UCBI	C	-1.9%
BANF	C	-1.83%
FIBK	C	-1.75%
TCBI	C	-1.74%
FULT	B	-1.72%
FHB	B	-1.71%
WSFS	B	-1.69%
CATY	C	-1.63%
CVBF	C	-1.45%
SFNC	D	-1.36%
PPBI	C	-1.35%
FFBC	B	-1.34%
INDB	D	-1.31%
FRME	C	-1.28%
SBCF	C	-1.25%
TOWN	C	-1.24%
MBIN	C	-1.23%
HTLF	B	-1.14%
WAFD	C	-1.13%
TRMK	B	-1.13%
TBBK	D	-1.06%
NBTB	C	-1.06%
IBTX	C	-1.05%
WSBC	C	-1.02%
CLBK	F	-0.98%
LKFN	C	-0.97%
BANR	C	-0.97%
CHCO	C	-0.94%
EFSC	C	-0.9%
NWBI	C	-0.85%
SYBT	C	-0.84%
CASH	C	-0.83%
WABC	C	-0.8%
FBNC	D	-0.79%
HOPE	C	-0.78%
BUSE	C	-0.78%
TCBK	C	-0.76%
SRCE	C	-0.76%
STBA	C	-0.73%
VBTX	C	-0.68%
PFBC	B	-0.67%
PEBO	C	-0.65%
SASR	C	-0.61%
QCRH	C	-0.6%
GABC	B	-0.58%
OCFC	C	-0.56%
RBCAA	B	-0.56%
SBSI	D	-0.51%
BFC	C	-0.5%
FBMS	D	-0.48%
CTBI	B	-0.48%
DCOM	D	-0.47%
AMAL	C	-0.47%
FMBH	C	-0.47%
BRKL	D	-0.47%
CNOB	C	-0.46%
PFC	C	-0.45%
CFFN	F	-0.41%
HFWA	C	-0.4%
FCBC	C	-0.4%
UVSP	B	-0.4%
OSBC	C	-0.39%
CFB	C	-0.39%
GSBC	C	-0.38%
MBWM	C	-0.38%
HBT	C	-0.37%
CASS	D	-0.37%
EGBN	F	-0.36%
CCB	C	-0.35%
HBNC	C	-0.34%
TRST	C	-0.33%
BFST	C	-0.33%
IBCP	B	-0.32%
MSBI	D	-0.31%
HTBK	C	-0.31%
HAFC	C	-0.3%
HONE	C	-0.3%
SMBC	C	-0.29%
HTBI	C	-0.29%
WASH	C	-0.28%
SPFI	C	-0.28%
FMNB	C	-0.28%
CAC	C	-0.28%
CCBG	D	-0.28%
THFF	C	-0.27%
NBN	B	-0.26%
AROW	C	-0.25%
NFBK	D	-0.25%
ESQ	C	-0.25%
PGC	D	-0.25%
CCNE	C	-0.25%
HIFS	C	-0.23%
KRNY	D	-0.22%
RBB	B	-0.22%
MPB	C	-0.22%
FFIC	D	-0.22%
SHBI	C	-0.22%
BHRB	F	-0.22%
BWB	C	-0.2%
MOFG	D	-0.2%
NEWT	C	-0.19%
CARE	C	-0.18%
FISI	C	-0.17%
NRIM	C	-0.17%
BMRC	D	-0.16%
FRST	D	-0.16%
PFIS	D	-0.16%
WSBF	C	-0.15%
BLFY	C	-0.14%
FLIC	D	-0.14%
NECB	B	-0.14%
CZFS	F	-0.13%
OVLY	D	-0.12%

FDFF: Top Represented Industries & Keywords

Industries: Credit Services Asset Management Business Services Financial Data & Stock Exchanges Insurance Brokers Software - Infrastructure