FMED vs. IHI ETF Comparison
Comparison of Fidelity Disruptive Medicine ETF (FMED) to iShares U.S. Medical Devices ETF (IHI)
FMED
Fidelity Disruptive Medicine ETF
FMED Description
The fund normally invests at least 80% of assets in securities of disruptive medicine 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
$25.74
Average Daily Volume
4,900
52
IHI
iShares U.S. Medical Devices ETF
IHI Description
The investment seeks to track the investment results of an index composed of U.S. equities in the medical devices sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Medical Equipment Index (the "underlying index"), which measures the performance of the medical equipment sector of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$59.14
Average Daily Volume
484,838
48
Performance
| Period | FMED | IHI |
|---|---|---|
| 30 Days | -1.11% | 1.28% |
| 60 Days | -1.07% | 0.65% |
| 90 Days | 3.68% | 6.20% |
| 12 Months | 25.02% | 27.20% |
14 Overlapping Holdings
| Symbol | Grade | Weight in FMED | Weight in IHI | Overlap | |
|---|---|---|---|---|---|
| BSX | C | 5.99% | 4.58% | 4.58% | |
| DXCM | C | 1.88% | 3.53% | 1.88% | |
| EW | D | 2.03% | 4.61% | 2.03% | |
| GKOS | B | 1.39% | 0.84% | 0.84% | |
| INSP | D | 2.09% | 0.69% | 0.69% | |
| IRTC | C | 0.39% | 0.29% | 0.29% | |
| ISRG | B | 4.27% | 15.19% | 4.27% | |
| MASI | A | 1.8% | 0.73% | 0.73% | |
| PEN | A | 2.39% | 0.94% | 0.94% | |
| PODD | A | 3.85% | 1.96% | 1.96% | |
| PRCT | A | 1.68% | 0.4% | 0.4% | |
| RMD | A | 1.35% | 4.13% | 1.35% | |
| SYK | A | 2.58% | 10.33% | 2.58% | |
| TNDM | F | 1.11% | 0.24% | 0.24% |
FMED Overweight 38 Positions Relative to IHI
| Symbol | Grade | Weight | |
|---|---|---|---|
| UNH | C | 4.41% | |
| DHR | D | 3.86% | |
| EXAS | A | 3.82% | |
| REGN | F | 3.78% | |
| ALNY | C | 3.12% | |
| ARGX | A | 3.04% | |
| LFST | C | 2.3% | |
| LEGN | F | 2.21% | |
| VEEV | B | 2.03% | |
| TMO | D | 1.92% | |
| AGL | F | 1.9% | |
| LLY | F | 1.88% | |
| ZLAB | B | 1.61% | |
| JANX | A | 1.44% | |
| KROS | A | 1.28% | |
| PCVX | C | 1.26% | |
| RGEN | D | 1.23% | |
| BRKR | D | 1.18% | |
| XENE | C | 1.18% | |
| CRNX | B | 1.17% | |
| PRVA | B | 1.16% | |
| CYTK | F | 1.1% | |
| CNC | D | 1.06% | |
| DYN | F | 0.98% | |
| WST | B | 0.93% | |
| DOCS | A | 0.92% | |
| ASND | F | 0.87% | |
| PHR | F | 0.83% | |
| VRTX | D | 0.82% | |
| ALGN | F | 0.71% | |
| TXG | F | 0.7% | |
| NTRA | B | 0.45% | |
| BNTX | B | 0.42% | |
| DNLI | C | 0.41% | |
| ACLX | B | 0.39% | |
| ANAB | F | 0.26% | |
| NRIX | B | 0.19% | |
| DAWN | A | 0.12% |
FMED Underweight 34 Positions Relative to IHI
| Symbol | Grade | Weight | |
|---|---|---|---|
| ABT | A | -16.98% | |
| GEHC | D | -4.78% | |
| BDX | C | -4.56% | |
| MDT | B | -4.5% | |
| IDXX | F | -4.12% | |
| STE | D | -2.64% | |
| ZBH | C | -2.49% | |
| BAX | F | -2.21% | |
| HOLX | A | -2.21% | |
| TFX | F | -1.31% | |
| GMED | A | -0.98% | |
| ITGR | D | -0.5% | |
| TMDX | F | -0.48% | |
| AXNX | A | -0.42% | |
| NVST | A | -0.38% | |
| LIVN | C | -0.34% | |
| NARI | A | -0.26% | |
| ENOV | C | -0.26% | |
| QDEL | F | -0.26% | |
| CNMD | D | -0.23% | |
| LMAT | B | -0.21% | |
| OMCL | B | -0.21% | |
| NVCR | F | -0.19% | |
| ATRC | A | -0.16% | |
| IART | C | -0.15% | |
| AORT | A | -0.12% | |
| AXGN | B | -0.07% | |
| OFIX | A | -0.07% | |
| SIBN | D | -0.06% | |
| VREX | C | -0.06% | |
| ATEC | C | -0.06% | |
| SRDX | D | -0.06% | |
| TMCI | F | -0.03% | |
| FNA | F | -0.02% |
FMED: Top Represented Industries & Keywords
IHI: Top Represented Industries & Keywords
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