FMQQ vs. FDCF ETF Comparison

Comparison of FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ) to Fidelity Disruptive Communications ETF (FDCF)

FMQQ

FMQQ The Next Frontier Internet & Ecommerce ETF

FMQQ Description

FMQQ The Next Frontier Internet & Ecommerce ETF is an exchange traded fund launched and managed by Exchange Traded Concepts, LLC. The fund invests in the public equity markets of emerging countries across the globe. It invests in the stocks of companies operating in the internet and ecommerce companies. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the FMQQ The Next Frontier Internet & Ecommerce Index, by using full replication technique. FMQQ The Next Frontier Internet & Ecommerce ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$12.04

Average Daily Volume

9,744

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDCF

Fidelity Disruptive Communications ETF

FDCF Description

The fund normally invests at least 80% of assets in securities of disruptive communications 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

$31.73

Average Daily Volume

3,731

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMQQ	FDCF
30 Days	0.12%	-0.41%
60 Days	3.26%	3.09%
90 Days	6.57%	4.40%
12 Months	16.91%

1 Overlapping Holdings

	Symbol	Grade	Weight in FMQQ	Weight in FDCF	Overlap
	SE	B	7.84%	6.34%	6.34%

FMQQ Overweight 15 Positions Relative to FDCF

Symbol	Grade	Weight
NU	C	7.38%
CPNG	A	6.42%
MELI	D	5.6%
XP	F	2.95%
GRAB	A	2.56%
STNE	C	1.52%
MMYT	B	1.52%
FRSH	D	1.12%
PAGS	C	0.95%
DLO	F	0.49%
DESP	A	0.25%
YALA	D	0.17%
JMIA	D	0.16%
VTEX	C	0.15%
AFYA	D	0.15%

FMQQ Underweight 9 Positions Relative to FDCF

Symbol	Grade	Weight
NVDA	B	-8.09%
META	D	-7.94%
ANET	C	-5.92%
AMZN	A	-5.51%
GOOGL	A	-5.04%
SNAP	A	-4.49%
AMT	F	-4.41%
TMUS	B	-3.53%
PDD	B	-3.29%