FDWM vs. FMAT ETF Comparison

Comparison of Fidelity Women's Leadership ETF (FDWM) to Fidelity MSCI Materials Index ETF (FMAT)

FDWM

Fidelity Women's Leadership ETF

FDWM Description

The investment seeks long-term growth of capital. The Advisor normally invests at least 80% of assets in equity securities of companies that prioritize and advance women's leadership and development. The Adviser may invest the fund's assets in securities of foreign issuers in addition to securities of domestic issuers. The fund may invest a significant percentage of its assets in relatively few companies and may invest up to 25% in a single company. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.72

Average Daily Volume

241

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FMAT

Fidelity MSCI Materials Index ETF

FMAT Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Materials Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.01

Average Daily Volume

33,943

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

Performance

Period	FDWM	FMAT
30 Days	2.79%	0.02%
60 Days	2.73%	1.58%
90 Days	4.82%	3.81%
12 Months	24.93%	21.02%

7 Overlapping Holdings

Symbol	Grade	Weight in FDWM	Weight in FMAT	Overlap
ATI	D	0.51%	0.49%	0.49%
BALL	D	0.69%	1.35%	0.69%
CBT	C	0.78%	0.42%	0.42%
CE	F	0.57%	0.57%	0.57%
EMN	D	0.62%	0.83%	0.62%
RDUS	C	0.24%	0.03%	0.03%
SUM	B	0.57%	0.42%	0.42%

FDWM Overweight 94 Positions Relative to FMAT

Symbol	Grade	Weight
AAPL	C	4.35%
MSFT	F	3.66%
NVDA	C	3.24%
GOOG	C	2.61%
AMZN	C	2.56%
ACN	C	2.03%
DIS	B	1.93%
HOLX	D	1.76%
PGR	A	1.73%
CI	F	1.69%
CRM	B	1.62%
JPM	A	1.5%
ANET	C	1.41%
WSM	B	1.4%
ADBE	C	1.32%
CDW	F	1.23%
HUBS	A	1.21%
AMD	F	1.19%
VTR	C	1.16%
NXPI	D	1.16%
CNC	D	1.13%
BAC	A	1.11%
PODD	C	1.1%
MA	C	1.09%
MRVL	B	1.08%
BKR	B	1.04%
HIG	B	1.04%
NEE	D	1.0%
ALNY	D	1.0%
WEX	D	0.99%
C	A	0.98%
FSLR	F	0.98%
GEV	B	0.96%
NDAQ	A	0.95%
ETN	A	0.94%
LDOS	C	0.94%
ULTA	F	0.94%
GEN	B	0.93%
MMC	B	0.93%
ELV	F	0.92%
TMHC	B	0.92%
DE	A	0.92%
PH	A	0.87%
MU	D	0.87%
INTU	C	0.85%
CLX	B	0.83%
FIS	C	0.82%
EL	F	0.8%
ZTS	D	0.78%
HLT	A	0.78%
UPS	C	0.77%
NSIT	F	0.76%
PSA	D	0.75%
FSS	B	0.74%
OTIS	C	0.71%
SAIC	F	0.71%
RRX	B	0.7%
MRK	F	0.68%
GSK	F	0.67%
AR	B	0.66%
NFLX	A	0.66%
HBAN	A	0.65%
ETSY	D	0.64%
ICLR	D	0.61%
EXAS	D	0.61%
BBY	D	0.61%
VRTX	F	0.59%
OLED	D	0.57%
USB	A	0.56%
OXY	D	0.55%
PINS	D	0.55%
SBUX	A	0.55%
LOW	D	0.54%
DELL	C	0.53%
EQT	B	0.52%
NVT	B	0.51%
TPR	B	0.51%
HSY	F	0.5%
BG	F	0.47%
MAN	D	0.47%
WRBY	B	0.45%
MTN	C	0.44%
VLTO	D	0.42%
NKE	D	0.37%
RUN	F	0.36%
AMN	F	0.36%
ARCB	C	0.34%
ZLAB	C	0.31%
PD	C	0.29%
ELF	C	0.28%
GAP	C	0.24%
SEDG	F	0.21%
MLKN	D	0.2%
SAGE	F	0.08%

FDWM Underweight 103 Positions Relative to FMAT

Symbol	Grade	Weight
LIN	D	-15.3%
SHW	A	-6.57%
APD	A	-4.93%
ECL	D	-4.47%
FCX	D	-4.36%
NEM	D	-3.29%
CTVA	C	-2.81%
VMC	B	-2.62%
MLM	B	-2.54%
NUE	C	-2.46%
DD	D	-2.44%
DOW	F	-2.2%
PPG	F	-2.03%
SW	A	-1.84%
IFF	D	-1.6%
LYB	F	-1.51%
PKG	A	-1.49%
STLD	B	-1.44%
IP	B	-1.32%
RS	B	-1.25%
RPM	A	-1.23%
AVY	D	-1.13%
CF	B	-1.1%
AMCR	D	-1.03%
ALB	C	-0.84%
ATR	B	-0.81%
CCK	C	-0.76%
EXP	A	-0.73%
AA	B	-0.68%
RGLD	C	-0.65%
AXTA	A	-0.63%
GPK	C	-0.61%
MOS	F	-0.59%
CRS	A	-0.57%
X	C	-0.57%
BERY	B	-0.53%
LPX	B	-0.51%
FMC	D	-0.49%
CMC	B	-0.48%
ESI	A	-0.46%
CLF	F	-0.4%
BCPC	B	-0.4%
KNF	A	-0.36%
SON	D	-0.35%
OLN	D	-0.35%
SEE	C	-0.35%
WLK	D	-0.34%
AVNT	B	-0.33%
SLGN	A	-0.32%
FUL	F	-0.29%
NEU	C	-0.27%
ASH	D	-0.26%
HCC	B	-0.24%
HL	D	-0.23%
HUN	F	-0.22%
SMG	D	-0.22%
SLVM	B	-0.21%
IOSP	B	-0.21%
SXT	B	-0.2%
ARCH	B	-0.2%
CC	C	-0.2%
AMR	C	-0.18%
MTX	B	-0.18%
MTRN	C	-0.17%
KWR	C	-0.17%
HWKN	B	-0.17%
CDE	D	-0.17%
MP	B	-0.16%
OI	C	-0.14%
GEF	A	-0.12%
PRM	C	-0.12%
SCL	C	-0.12%
NGVT	B	-0.11%
USLM	A	-0.11%
WS	B	-0.1%
TROX	D	-0.09%
PCT	C	-0.09%
KALU	C	-0.09%
CENX	B	-0.08%
ASPN	F	-0.07%
TRS	B	-0.07%
OEC	C	-0.07%
SXC	A	-0.07%
KOP	C	-0.06%
ASIX	A	-0.06%
ECVT	C	-0.06%
MATV	D	-0.05%
GATO	D	-0.05%
IE	C	-0.05%
RYI	C	-0.05%
HAYN	C	-0.05%
PTVE	B	-0.04%
MTUS	C	-0.04%
METC	C	-0.03%
MYE	F	-0.03%
ZEUS	C	-0.03%
CMP	C	-0.03%
CLW	F	-0.03%
LXU	B	-0.03%
MERC	F	-0.02%
KRO	D	-0.02%
PACK	B	-0.02%
GEF	A	-0.02%