FDTX vs. WBIL ETF Comparison

Comparison of Fidelity Disruptive Technology ETF (FDTX) to WBI Large Cap Tactical Select Shares (WBIL)

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

$35.51

Average Daily Volume

14,615

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WBIL

WBI Large Cap Tactical Select Shares

WBIL Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive financial condition and prospects for ongoing financial stability, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$36.67

Average Daily Volume

1,629

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDTX	WBIL
30 Days	5.81%	4.39%
60 Days	11.23%	8.01%
90 Days	9.24%	7.81%
12 Months	35.71%	22.81%

12 Overlapping Holdings

Symbol	Grade	Weight in FDTX	Weight in WBIL	Overlap
AAPL	C	1.29%	4.79%	1.29%
AMZN	C	4.12%	3.08%	3.08%
CRM	B	5.33%	4.06%	4.06%
CRWD	B	1.22%	4.95%	1.22%
INTU	B	2.16%	2.15%	2.15%
META	D	4.39%	0.91%	0.91%
MRVL	B	4.17%	4.54%	4.17%
NFLX	A	4.3%	1.11%	1.11%
NVDA	B	6.98%	3.46%	3.46%
PANW	B	2.33%	1.75%	1.75%
SPOT	B	1.09%	0.98%	0.98%
UBER	F	0.95%	3.66%	0.95%

FDTX Overweight 23 Positions Relative to WBIL

Symbol	Grade	Weight
TSM	B	5.05%
MSFT	D	4.92%
SHOP	B	4.26%
GOOG	C	3.74%
ADBE	C	3.62%
HUBS	A	2.64%
SNPS	B	2.15%
DDOG	A	2.14%
WDAY	B	1.87%
ON	D	1.71%
SE	A	1.7%
MNDY	C	1.66%
TEAM	A	1.57%
MU	D	1.15%
ACN	B	1.14%
NXPI	D	1.13%
TMUS	B	1.1%
PDD	F	1.05%
SQ	A	0.99%
TOST	B	0.99%
SNAP	D	0.95%
GLBE	B	0.6%
ABNB	C	0.54%

FDTX Underweight 28 Positions Relative to WBIL

Symbol	Grade	Weight
SCHW	B	-5.19%
EA	A	-4.94%
AMP	A	-4.93%
FI	A	-4.35%
LULU	C	-4.23%
TPL	A	-4.13%
URI	C	-3.61%
CPAY	A	-3.21%
BX	A	-2.73%
FICO	B	-2.23%
BR	A	-2.17%
PWR	A	-2.11%
COST	A	-1.94%
RMD	C	-1.88%
SBUX	A	-1.84%
TYL	B	-1.74%
EME	A	-1.46%
FAST	B	-1.06%
PH	A	-1.02%
PAYX	B	-1.0%
TJX	A	-0.95%
TT	A	-0.87%
AGZD	A	-0.74%
FLTR	A	-0.73%
FALN	A	-0.72%
FTSL	A	-0.67%
STIP	C	-0.52%
BKLN	A	-0.32%