FMED vs. PINK ETF Comparison
Comparison of Fidelity Disruptive Medicine ETF (FMED) to Simplify Health Care ETF (PINK)
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
$24.39
Average Daily Volume
5,176
Number of Holdings
*
10
* may have additional holdings in another (foreign) market
PINK
Simplify Health Care ETF
PINK Description
Simplify Exchange Traded Funds - Simplify Health Care ETF seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its assets (plus any borrowings for investment purposes) in securities of U.S. health care companies. The fund adviser defines health care companies as companies included in the Global Industry Classification Standard health care sector. The fund will typically invest in 50 – 100 health care companies. The adviser generally seeks investments in companies that are developing new and effective medicines, as well as companies whose business models reduce costs or improve quality in health care systems.Grade (RS Rating)
Last Trade
$29.43
Average Daily Volume
94,519
Number of Holdings
*
42
* may have additional holdings in another (foreign) market
Performance
| Period | FMED | PINK |
|---|---|---|
| 30 Days | -1.02% | -2.90% |
| 60 Days | -3.76% | -2.32% |
| 90 Days | -0.58% | 1.62% |
| 12 Months | 14.50% |
FMED Underweight 35 Positions Relative to PINK
| Symbol | Grade | Weight | |
|---|---|---|---|
| SRPT | B | -8.61% | |
| CI | B | -6.48% | |
| PCT | F | -4.87% | |
| ALGN | F | -4.64% | |
| MRK | B | -4.62% | |
| LLY | C | -4.6% | |
| SWAV | A | -3.58% | |
| TMO | C | -3.53% | |
| EXAS | F | -3.25% | |
| JNJ | D | -2.82% | |
| ABBV | D | -2.55% | |
| ZBH | F | -2.5% | |
| REGN | C | -2.16% | |
| AVTR | D | -2.06% | |
| ELV | B | -2.0% | |
| MMM | A | -1.91% | |
| PODD | D | -1.89% | |
| FULC | D | -1.46% | |
| IDXX | F | -1.12% | |
| RARE | D | -1.06% | |
| ESTA | B | -0.95% | |
| NTRA | A | -0.85% | |
| ABT | D | -0.71% | |
| AKRO | F | -0.62% | |
| TECH | B | -0.47% | |
| SNDX | C | -0.44% | |
| THC | A | -0.36% | |
| HCA | D | -0.35% | |
| LIVN | A | -0.35% | |
| VEEV | D | -0.33% | |
| HSIC | F | -0.2% | |
| HUM | D | -0.05% | |
| VLTO | A | -0.03% | |
| BMY | F | -0.02% | |
| EMBC | F | -0.01% |
FMED: Top Represented Industries & Keywords
PINK: Top Represented Industries & Keywords
Industries:
Medical Devices
Biotechnology
Diagnostics & Research
Drug Manufacturers - Major
Health Care Plans
Medical Care
Medical Instruments & Supplies
Pollution & Treatment Controls
Diversified Industrials
Drug Manufacturers - Specialty & Generic
Health Information Services
Medical Distribution
Specialty Chemicals
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