FMED vs. SAMM ETF Comparison

Comparison of Fidelity Disruptive Medicine ETF (FMED) to Strategas Macro Momentum ETF (SAMM)

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

$25.24

Average Daily Volume

4,772

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SAMM

Strategas Macro Momentum ETF

SAMM Description

SAMM seeks to provide long-term capital appreciation by holding a narrow portfolio of US-listed equities, including common stocks, REITs, MLPs, ADRs, BDCs, and shares of ETFs and closed-end funds. The fund adviser incorporates a proprietary macro, technical, and behavioral inputs in the portfolio selection process. The fund will buy, hold, and sell securities based on a trend-following investment approach that relies on technical signals (price characteristics and momentum inputs). Momentum inputs include recent absolute and relative rates of change, new highs/lows, moving average crosses, and technical studies like RSI and MACD. The fund may invest in securities of companies of any market capitalization. In adverse market conditions, as determined by technical signals, the fund will shift its investments to more defensive alternatives such as treasury ETFs, gold ETPs, or cash.

Grade (RS Rating)

Last Trade

$28.82

Average Daily Volume

3,341

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMED	SAMM
30 Days	-3.41%	4.56%
60 Days	-4.25%	9.02%
90 Days	-2.27%	12.39%
12 Months	17.18%

2 Overlapping Holdings

	Symbol	Grade	Weight in FMED	Weight in SAMM	Overlap
	ISRG	A	4.42%	4.25%	4.25%
	VRTX	D	0.84%	3.69%	0.84%

FMED Overweight 50 Positions Relative to SAMM

Symbol	Grade	Weight
BSX	A	6.26%
UNH	B	4.7%
PODD	C	4.44%
DHR	F	3.8%
ARGX	B	3.27%
REGN	F	3.26%
ALNY	D	2.9%
SYK	B	2.73%
EXAS	D	2.72%
PEN	B	2.64%
LFST	B	2.41%
VEEV	C	2.18%
MASI	B	2.01%
LEGN	D	1.95%
EW	C	1.95%
INSP	D	1.92%
DXCM	C	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	C	1.34%
KROS	D	1.34%
JANX	C	1.32%
RMD	C	1.3%
CRNX	C	1.23%
CYTK	F	1.19%
XENE	D	1.17%
DOCS	C	1.14%
DYN	F	1.13%
PCVX	D	1.13%
BRKR	D	1.12%
WST	C	1.01%
TNDM	D	1.0%
PHR	F	0.99%
CNC	D	0.98%
ASND	F	0.88%
ALGN	D	0.72%
TXG	F	0.63%
NTRA	A	0.56%
ACLX	C	0.45%
DNLI	D	0.45%
NRIX	C	0.44%
IRTC	C	0.44%
DAWN	D	0.41%
BNTX	C	0.4%
ANAB	F	0.24%

FMED Underweight 26 Positions Relative to SAMM

Symbol	Grade	Weight
PLTR	B	-5.41%
MS	A	-4.58%
GS	A	-4.38%
CARR	C	-4.06%
PH	A	-3.95%
PNC	B	-3.83%
ORCL	A	-3.7%
TTD	B	-3.59%
CMI	A	-3.45%
CNX	A	-3.29%
CCL	A	-3.25%
PYPL	B	-3.07%
NVDA	B	-2.92%
D	C	-2.63%
GRBK	D	-2.54%
SPG	A	-2.47%
PHYS	C	-2.46%
IBM	C	-2.42%
BABA	D	-2.19%
DY	D	-2.18%
BMY	B	-2.08%
TTEK	F	-1.75%
UBER	F	-1.65%
VNO	C	-1.61%
TSLA	B	-1.57%
FCX	F	-1.2%