FDWM vs. INNO ETF Comparison

Comparison of Fidelity Women's Leadership ETF (FDWM) to Harbor Disruptive Innovation ETF (INNO)

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

$23.57

Average Daily Volume

240

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

INNO

Harbor Disruptive Innovation ETF

INNO Description

INNO invests in stocks of any size with growth potential linked to disruptive innovation. The fund aims to achieve enhanced risk-adjusted investment outcome by utilizing an active multi-manager approach in which the advisor allocates assets among subadvisors. Each subadvisor represents a strategy that targets associated disruptive companies in technology, advanced therapies, analog-to-digital transition, structural changes and secular trends, and products or services with large demand. The advisor determines and adjusts allocations based on qualitative and quantitative assessments of each strategy, as well as in combination. The fund may invest up to 25% in foreign markets, including developing countries. INNO utilizes the same investment strategy and portfolio management team as its mutual fund counterpart, Harbor Disruptive Innovation Fund.

Grade (RS Rating)

Last Trade

$17.07

Average Daily Volume

29,771

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDWM	INNO
30 Days	1.42%	6.16%
60 Days	2.22%	7.36%
90 Days	4.17%	9.18%
12 Months	24.15%	28.63%

12 Overlapping Holdings

Symbol	Grade	Weight in FDWM	Weight in INNO	Overlap
AMD	F	1.19%	1.36%	1.19%
AMZN	C	2.56%	2.97%	2.56%
CRM	B	1.62%	0.9%	0.9%
GEV	B	0.96%	0.67%	0.67%
GOOG	C	2.61%	3.38%	2.61%
HUBS	A	1.21%	1.11%	1.11%
ICLR	D	0.61%	0.46%	0.46%
MSFT	D	3.66%	1.92%	1.92%
NFLX	A	0.66%	1.14%	0.66%
NVDA	B	3.24%	4.35%	3.24%
PGR	A	1.73%	2.82%	1.73%
PODD	C	1.1%	0.58%	0.58%

FDWM Overweight 89 Positions Relative to INNO

Symbol	Grade	Weight
AAPL	C	4.35%
ACN	B	2.03%
DIS	B	1.93%
HOLX	D	1.76%
CI	D	1.69%
JPM	A	1.5%
ANET	C	1.41%
WSM	C	1.4%
ADBE	C	1.32%
CDW	F	1.23%
VTR	B	1.16%
NXPI	D	1.16%
CNC	D	1.13%
BAC	A	1.11%
MA	B	1.09%
MRVL	B	1.08%
BKR	A	1.04%
HIG	B	1.04%
NEE	C	1.0%
ALNY	D	1.0%
WEX	D	0.99%
C	A	0.98%
FSLR	F	0.98%
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	C	0.92%
DE	B	0.92%
PH	A	0.87%
MU	D	0.87%
INTU	B	0.85%
CLX	A	0.83%
FIS	C	0.82%
EL	F	0.8%
ZTS	D	0.78%
CBT	D	0.78%
HLT	A	0.78%
UPS	C	0.77%
NSIT	F	0.76%
PSA	C	0.75%
FSS	B	0.74%
OTIS	C	0.71%
SAIC	F	0.71%
RRX	B	0.7%
BALL	F	0.69%
MRK	D	0.68%
GSK	F	0.67%
AR	B	0.66%
HBAN	A	0.65%
ETSY	D	0.64%
EMN	C	0.62%
EXAS	D	0.61%
BBY	D	0.61%
VRTX	D	0.59%
CE	F	0.57%
OLED	F	0.57%
SUM	B	0.57%
USB	A	0.56%
OXY	D	0.55%
PINS	F	0.55%
SBUX	A	0.55%
LOW	C	0.54%
DELL	B	0.53%
EQT	B	0.52%
NVT	B	0.51%
TPR	B	0.51%
ATI	C	0.51%
HSY	F	0.5%
BG	D	0.47%
MAN	F	0.47%
WRBY	A	0.45%
MTN	C	0.44%
VLTO	C	0.42%
NKE	F	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%
RDUS	B	0.24%
SEDG	F	0.21%
MLKN	F	0.2%
SAGE	F	0.08%

FDWM Underweight 56 Positions Relative to INNO

Symbol	Grade	Weight
SHOP	B	-3.91%
NOW	A	-3.73%
CDNS	B	-3.13%
FI	A	-2.94%
MELI	C	-2.85%
DASH	B	-2.82%
URI	C	-2.81%
LIN	C	-2.53%
LRCX	F	-2.42%
DHR	F	-2.42%
TXN	C	-2.3%
TEAM	A	-2.23%
IOT	A	-2.16%
TOST	B	-2.03%
META	D	-2.01%
GOOGL	C	-1.96%
ASND	F	-1.55%
CMG	B	-1.51%
DDOG	A	-1.38%
TSM	B	-1.33%
PCOR	B	-1.2%
CGNX	D	-1.2%
NET	B	-1.17%
GTLS	A	-1.09%
S	B	-0.84%
SAP	B	-0.84%
SE	A	-0.83%
MEDP	D	-0.82%
ORCL	A	-0.81%
PANW	B	-0.8%
MNDY	C	-0.8%
ZS	B	-0.79%
MTSI	B	-0.77%
SQ	A	-0.65%
ROKU	D	-0.65%
LSCC	D	-0.64%
NU	C	-0.63%
DT	D	-0.62%
MDB	B	-0.62%
AMAT	F	-0.61%
GLBE	B	-0.57%
LLY	F	-0.54%
OKTA	C	-0.53%
DKNG	B	-0.5%
TSLA	B	-0.46%
CRWD	B	-0.45%
SAIA	B	-0.45%
SNOW	B	-0.43%
LEGN	D	-0.41%
MRNA	F	-0.39%
TDG	D	-0.33%
RCKT	F	-0.33%
DXCM	C	-0.32%
CHKP	C	-0.32%
PCVX	D	-0.25%
BCYC	F	-0.16%