FDTX vs. ARKW ETF Comparison

Comparison of Fidelity Disruptive Technology ETF (FDTX) to ARK Next Generation Internet ETF (ARKW)

FDTX

Fidelity Disruptive Technology ETF

FDTX Description

The fund normally invests at least 80% of assets in securities of disruptive technology 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

$35.65

Average Daily Volume

14,615

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ARKW

ARK Next Generation Internet ETF

ARKW Description

Companies within the ARK Next Generation Internet ETF* (ARKW) are focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payment methods, big data, the internet of things, and social distribution and media. These companies may develop, produce or enable: Cloud Computing & Cyber Security; E-Commerce; Big Data & Artificial Intelligence (AI); Mobile Technology and Internet of Things; Social Platforms; Blockchain & P2P; ARKW is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and U.S. exchange traded foreign equity securities of companies that are relevant to the Fund’s investment theme of next generation internet.

Grade (RS Rating)

Last Trade

$106.43

Average Daily Volume

152,120

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDTX	ARKW
30 Days	5.81%	21.77%
60 Days	11.23%	26.66%
90 Days	9.24%	30.24%
12 Months	35.71%	67.63%

11 Overlapping Holdings

Symbol	Grade	Weight in FDTX	Weight in ARKW	Overlap
AMZN	C	4.12%	1.05%	1.05%
CRWD	B	1.22%	2.02%	1.22%
DDOG	A	2.14%	0.88%	0.88%
META	D	4.39%	4.37%	4.37%
MSFT	D	4.92%	0.73%	0.73%
NVDA	B	6.98%	1.24%	1.24%
SHOP	B	4.26%	4.13%	4.13%
SPOT	B	1.09%	1.59%	1.09%
SQ	A	0.99%	4.86%	0.99%
TOST	B	0.99%	1.27%	0.99%
TSM	B	5.05%	1.02%	1.02%

FDTX Overweight 24 Positions Relative to ARKW

Symbol	Grade	Weight
CRM	B	5.33%
NFLX	A	4.3%
MRVL	B	4.17%
GOOG	C	3.74%
ADBE	C	3.62%
HUBS	A	2.64%
PANW	B	2.33%
INTU	B	2.16%
SNPS	B	2.15%
WDAY	B	1.87%
ON	D	1.71%
SE	A	1.7%
MNDY	C	1.66%
TEAM	A	1.57%
AAPL	C	1.29%
MU	D	1.15%
ACN	B	1.14%
NXPI	D	1.13%
TMUS	B	1.1%
PDD	F	1.05%
SNAP	D	0.95%
UBER	F	0.95%
GLBE	B	0.6%
ABNB	C	0.54%

FDTX Underweight 22 Positions Relative to ARKW

Symbol	Grade	Weight
TSLA	B	-9.88%
ROKU	D	-7.92%
COIN	C	-7.68%
RBLX	C	-5.81%
HOOD	B	-4.88%
PLTR	B	-4.26%
GENI	C	-2.55%
DKNG	B	-2.28%
TTD	B	-1.89%
NET	B	-1.83%
PATH	C	-1.56%
MELI	C	-1.54%
PD	C	-1.51%
AMD	F	-1.47%
U	C	-1.21%
PINS	F	-1.18%
RDDT	A	-1.17%
RBRK	A	-1.09%
GTLB	B	-0.99%
NU	C	-0.78%
PSTG	D	-0.56%
QCOM	F	-0.4%