FDRV vs. BULZ ETF Comparison
Comparison of Fidelity Electric Vehicles and Future Transportation ETF (FDRV) to MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ)
FDRV
Fidelity Electric Vehicles and Future Transportation ETF
FDRV Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Electric Vehicles and Future Transportation Index. Normally investing at least 80% of assets in securities included in the Fidelity Electric Vehicles and Future Transportation Index and in depositary receipts representing securities included in the index. The Fidelity Electric Vehicles and Future Transportation Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum engaged in the production of electric and/or autonomous vehicles and their components, technology, or energy systems or engaged in other initiatives that aim to change the future of transportation.
Grade (RS Rating)
Last Trade
$14.26
Average Daily Volume
8,400
30
BULZ
MicroSectors FANG & Innovation 3x Leveraged ETN
BULZ Description
BULZ provides daily 3x exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged product with 3x factor that resets daily, BULZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.Grade (RS Rating)
Last Trade
$143.54
Average Daily Volume
133,151
15
Performance
| Period | FDRV | BULZ |
|---|---|---|
| 30 Days | 9.95% | 17.62% |
| 60 Days | 5.40% | 8.24% |
| 90 Days | 7.38% | -8.58% |
| 12 Months | -15.96% | 139.91% |
1 Overlapping Holdings
| Symbol | Grade | Weight in FDRV | Weight in BULZ | Overlap | |
|---|---|---|---|---|---|
| TSLA | C | 6.03% | 6.67% | 6.03% |
FDRV Overweight 29 Positions Relative to BULZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| UBER | C | 4.56% | |
| ADI | C | 4.56% | |
| GRMN | D | 3.77% | |
| NXPI | D | 3.77% | |
| RIVN | F | 3.19% | |
| ON | D | 3.05% | |
| APTV | D | 3.04% | |
| SWKS | F | 2.94% | |
| LI | D | 2.69% | |
| LEA | D | 2.21% | |
| ALB | D | 2.21% | |
| ST | D | 2.07% | |
| XPEV | C | 1.95% | |
| LCID | C | 1.9% | |
| NIO | C | 1.87% | |
| VC | F | 1.75% | |
| LYFT | D | 1.55% | |
| LSCC | D | 1.54% | |
| ADNT | D | 1.44% | |
| DIOD | F | 1.43% | |
| BE | F | 1.41% | |
| SYNA | D | 1.29% | |
| SITM | B | 1.25% | |
| CHPT | F | 1.18% | |
| PLUG | F | 1.06% | |
| ALGM | D | 1.05% | |
| BLBD | D | 1.01% | |
| LAZR | F | 0.88% | |
| INDI | F | 0.72% |
FDRV: Top Represented Industries & Keywords
BULZ: Top Represented Industries & Keywords
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