FDIF vs. TINY ETF Comparison

Comparison of Fidelity Disruptors ETF (FDIF) to ProShares Nanotechnology ETF (TINY)

FDIF

Fidelity Disruptors ETF

FDIF Description

The fund normally invests its assets in a combination of five Fidelity® funds, each of which normally invests in equity securities of companies that represent a disruptive theme. 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.

Grade (RS Rating)

Last Trade

$28.73

Average Daily Volume

9,929

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TINY

ProShares Nanotechnology ETF

TINY Description

TINY is a passively managed fund that invests in securities from developed countries perceived to help businesses use nanotechnology to transform lives and revolutionize different industries. Companies considered should be involved in the production, application, development, or promotion of nanotechnologies. Using natural language processing algorithm, filings and public information are scanned to identify companies that have or are expected to have significant exposure to nanotechnology. Companies are then scored and ranked based on their level of exposure. Only the 30 highest-ranking companies are selected. Securities are weighted by market cap with a maximum limit of 4.5%. The index is reconstituted and rebalanced semi-annually in May and November.

Grade (RS Rating)

Last Trade

$50.07

Average Daily Volume

2,042

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDIF	TINY
30 Days	5.32%	4.21%
60 Days	1.70%	3.99%
90 Days	3.80%	5.97%
12 Months		45.06%

0 Overlapping Holdings

	Symbol	Grade	Weight in FDIF	Weight in TINY	Overlap

FDIF Overweight 5 Positions Relative to TINY

Symbol	Grade	Weight
FDCF	A	21.83%
FDTX	B	20.99%
FDFF	D	20.6%
FBOT	B	18.25%
FMED	C	18.21%

FDIF Underweight 17 Positions Relative to TINY

Symbol	Grade	Weight
NVDA	B	-6.8%
ONTO	C	-5.48%
AMAT	B	-4.8%
KLAC	B	-4.76%
LRCX	C	-4.75%
TSM	B	-4.68%
ENTG	D	-4.51%
A	A	-4.22%
BRKR	D	-3.9%
VECO	B	-3.46%
UCTT	C	-3.06%
INTC	F	-2.56%
ACLS	D	-2.45%
ACMR	D	-2.19%
LASR	C	-0.93%
LWLG	F	-0.72%
NVAX	B	-0.66%

FDIF: Top Represented Industries & Keywords

Industries:

Keywords: Disruptive Innovation Disruptive Technology Technological Change