FMED vs. NXTI ETF Comparison
Comparison of Fidelity Disruptive Medicine ETF (FMED) to Simplify Next Intangible Core Index ETF (NXTI)
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
$25.44
Average Daily Volume
4,762
52
NXTI
Simplify Next Intangible Core Index ETF
NXTI Description
NXTI targets US companies with relatively high intangible capital-to-book assets ratios within their respective sectors. The fund defines intangible capital as productive assets that lack physical presence and are created through investments in brand, knowledge, and organization capital. The index construction starts by calculating a ratio of intangible capital-to-book assets for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the highest intangible capital-to-book assets ratio are selected for inclusion. At least five stocks are included from each of the 13 sectors determined by the index provider using a combination of SIC and NAICS codes along with data from publicly available 10-K filings. Constituents are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.Grade (RS Rating)
Last Trade
$30.42
Average Daily Volume
460
197
Performance
Period | FMED | NXTI |
---|---|---|
30 Days | -1.34% | 5.73% |
60 Days | -2.99% | 7.47% |
90 Days | -1.48% | 10.93% |
12 Months | 18.13% |
10 Overlapping Holdings
FMED Overweight 42 Positions Relative to NXTI
Symbol | Grade | Weight | |
---|---|---|---|
BSX | B | 6.26% | |
PODD | C | 4.44% | |
ISRG | A | 4.42% | |
DHR | F | 3.8% | |
ARGX | A | 3.27% | |
REGN | F | 3.26% | |
SYK | C | 2.73% | |
EXAS | D | 2.72% | |
LFST | C | 2.41% | |
VEEV | C | 2.18% | |
MASI | A | 2.01% | |
LEGN | F | 1.95% | |
EW | C | 1.95% | |
DXCM | D | 1.88% | |
TMO | F | 1.87% | |
LLY | F | 1.78% | |
PRCT | B | 1.65% | |
ZLAB | C | 1.54% | |
AGL | F | 1.43% | |
GKOS | B | 1.42% | |
RGEN | D | 1.34% | |
PRVA | B | 1.34% | |
KROS | D | 1.34% | |
JANX | C | 1.32% | |
RMD | C | 1.3% | |
CRNX | C | 1.23% | |
XENE | D | 1.17% | |
DOCS | C | 1.14% | |
PCVX | D | 1.13% | |
BRKR | D | 1.12% | |
WST | C | 1.01% | |
TNDM | F | 1.0% | |
PHR | F | 0.99% | |
ASND | D | 0.88% | |
VRTX | F | 0.84% | |
TXG | F | 0.63% | |
ACLX | C | 0.45% | |
NRIX | D | 0.44% | |
IRTC | D | 0.44% | |
DAWN | F | 0.41% | |
BNTX | D | 0.4% | |
ANAB | F | 0.24% |
FMED Underweight 187 Positions Relative to NXTI
Symbol | Grade | Weight | |
---|---|---|---|
META | D | -5.28% | |
WMT | A | -5.09% | |
BRK.A | B | -4.18% | |
XOM | B | -3.43% | |
MA | C | -3.02% | |
ADBE | C | -2.94% | |
CSCO | B | -2.73% | |
NOW | A | -2.29% | |
IBM | C | -2.28% | |
INTU | C | -2.08% | |
HD | A | -1.6% | |
PANW | C | -1.5% | |
KO | D | -1.23% | |
IDXX | F | -1.04% | |
UBER | D | -1.04% | |
DELL | C | -1.03% | |
PEP | F | -1.02% | |
PLTR | B | -0.99% | |
SNPS | B | -0.95% | |
SPOT | B | -0.93% | |
MSI | B | -0.91% | |
HON | B | -0.91% | |
PM | B | -0.9% | |
BKNG | A | -0.88% | |
CDNS | B | -0.87% | |
NKE | D | -0.82% | |
WDAY | B | -0.81% | |
UPS | C | -0.79% | |
FTNT | C | -0.77% | |
AXP | A | -0.77% | |
BX | A | -0.77% | |
AMAT | F | -0.74% | |
ADSK | A | -0.72% | |
TGT | F | -0.67% | |
GEV | B | -0.66% | |
TEAM | A | -0.61% | |
WMB | A | -0.59% | |
LOW | D | -0.59% | |
ABNB | C | -0.58% | |
FICO | B | -0.57% | |
PGR | A | -0.56% | |
CL | D | -0.55% | |
CTAS | B | -0.55% | |
APP | B | -0.54% | |
DDOG | A | -0.54% | |
LRCX | F | -0.53% | |
TT | A | -0.52% | |
EA | A | -0.5% | |
ORLY | B | -0.49% | |
ITW | B | -0.49% | |
CTSH | B | -0.47% | |
MMM | D | -0.47% | |
INCY | C | -0.46% | |
D | C | -0.46% | |
HPQ | B | -0.45% | |
FDX | B | -0.44% | |
SRPT | D | -0.43% | |
MMC | B | -0.43% | |
DASH | A | -0.42% | |
NBIX | C | -0.4% | |
INSM | C | -0.39% | |
PH | A | -0.39% | |
NET | B | -0.38% | |
KR | B | -0.37% | |
SHW | A | -0.36% | |
CI | F | -0.36% | |
ELV | F | -0.36% | |
ECL | D | -0.35% | |
TRGP | B | -0.34% | |
HUBS | A | -0.34% | |
MPC | D | -0.33% | |
EBAY | D | -0.33% | |
ZS | C | -0.33% | |
ED | D | -0.32% | |
PAYX | C | -0.32% | |
VST | B | -0.32% | |
GDDY | A | -0.31% | |
KMB | D | -0.31% | |
GWW | B | -0.31% | |
CMI | A | -0.3% | |
HSIC | B | -0.3% | |
CDW | F | -0.3% | |
ITCI | C | -0.29% | |
CVS | D | -0.29% | |
NTAP | C | -0.29% | |
PINS | D | -0.29% | |
EXEL | B | -0.29% | |
IOT | A | -0.28% | |
A | D | -0.26% | |
STX | D | -0.26% | |
BKR | B | -0.25% | |
AJG | B | -0.25% | |
IT | C | -0.24% | |
AFL | B | -0.24% | |
RDDT | B | -0.24% | |
MDB | C | -0.24% | |
SNAP | C | -0.23% | |
VLTO | D | -0.23% | |
VMC | B | -0.23% | |
ZBRA | B | -0.23% | |
NWS | B | -0.22% | |
AMP | A | -0.22% | |
MNST | C | -0.22% | |
TRV | B | -0.22% | |
IONS | F | -0.22% | |
NTNX | A | -0.21% | |
MDGL | B | -0.2% | |
BPMC | C | -0.2% | |
AIG | B | -0.2% | |
MANH | D | -0.19% | |
CVNA | B | -0.19% | |
DT | C | -0.19% | |
ALL | A | -0.19% | |
PSTG | D | -0.19% | |
SMMT | D | -0.19% | |
TOST | B | -0.19% | |
BBIO | F | -0.18% | |
FAST | B | -0.18% | |
EL | F | -0.18% | |
PRU | A | -0.18% | |
DOCU | A | -0.18% | |
DD | D | -0.18% | |
MTD | D | -0.18% | |
BBY | D | -0.18% | |
FFIV | B | -0.17% | |
NRG | B | -0.17% | |
KEYS | A | -0.17% | |
CACI | D | -0.16% | |
ULTA | F | -0.16% | |
OTIS | C | -0.16% | |
GWRE | A | -0.16% | |
SYY | B | -0.16% | |
JNPR | F | -0.16% | |
GIS | D | -0.16% | |
HUM | C | -0.15% | |
RARE | D | -0.15% | |
CORT | B | -0.15% | |
ILMN | D | -0.15% | |
HSY | F | -0.15% | |
ROL | B | -0.15% | |
BAH | F | -0.15% | |
CBRE | B | -0.15% | |
LYV | A | -0.15% | |
DECK | A | -0.14% | |
ALKS | B | -0.14% | |
WAT | B | -0.14% | |
DUOL | A | -0.14% | |
WSM | B | -0.14% | |
EXPE | B | -0.14% | |
BURL | A | -0.14% | |
NI | A | -0.14% | |
AXSM | B | -0.14% | |
XYL | D | -0.14% | |
ACGL | D | -0.14% | |
HIG | B | -0.13% | |
CLX | B | -0.13% | |
DOV | A | -0.12% | |
AVY | D | -0.12% | |
EXPD | D | -0.12% | |
K | A | -0.12% | |
FOLD | F | -0.12% | |
TER | D | -0.12% | |
APLS | D | -0.12% | |
MTCH | D | -0.12% | |
PPG | F | -0.12% | |
BRO | B | -0.12% | |
TW | A | -0.11% | |
GTLB | B | -0.11% | |
TGTX | B | -0.11% | |
IOVA | F | -0.11% | |
RL | B | -0.11% | |
TSCO | D | -0.11% | |
NYT | C | -0.11% | |
LII | A | -0.11% | |
PCOR | B | -0.11% | |
DKNG | B | -0.1% | |
APPF | B | -0.1% | |
AMED | F | -0.1% | |
ACI | C | -0.1% | |
TXT | D | -0.1% | |
GPC | D | -0.1% | |
APTV | D | -0.1% | |
CHWY | B | -0.09% | |
RS | B | -0.09% | |
WING | D | -0.08% | |
DLB | B | -0.04% | |
LNW | D | -0.04% |
FMED: Top Represented Industries & Keywords
NXTI: Top Represented Industries & Keywords