FTEC vs. AFSM ETF Comparison

Comparison of Fidelity MSCI Information Technology Index ETF (FTEC) to Active Factor Small Cap ETF (AFSM)

FTEC

Fidelity MSCI Information Technology Index ETF

FTEC Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$184.90

Average Daily Volume

212,411

Number of Holdings ^*

275

* may have additional holdings in another (foreign) market

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.64

Average Daily Volume

15,693

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

Performance

Period	FTEC	AFSM
30 Days	4.14%	7.72%
60 Days	7.90%	6.49%
90 Days	7.31%	6.95%
12 Months	36.13%	33.58%

48 Overlapping Holdings

Symbol	Grade	Weight in FTEC	Weight in AFSM	Overlap
ACIW	B	0.1%	0.02%	0.02%
ACLS	F	0.06%	0.02%	0.02%
ALKT	B	0.05%	0.12%	0.05%
ALRM	C	0.07%	0.14%	0.07%
AMKR	D	0.06%	0.21%	0.06%
APPF	B	0.09%	0.49%	0.09%
ASGN	F	0.08%	0.19%	0.08%
ATEN	B	0.03%	0.05%	0.03%
BDC	B	0.1%	0.39%	0.1%
BELFB	D	0.02%	0.53%	0.02%
BHE	B	0.04%	0.29%	0.04%
BMI	B	0.1%	0.63%	0.1%
CNXN	C	0.02%	0.35%	0.02%
CRDO	B	0.11%	0.29%	0.11%
CTS	C	0.04%	0.06%	0.04%
CVLT	B	0.11%	0.74%	0.11%
DAKT	B	0.01%	0.86%	0.01%
DXC	B	0.09%	0.3%	0.09%
EXTR	B	0.05%	0.21%	0.05%
FORM	D	0.07%	0.04%	0.04%
IDCC	B	0.11%	1.17%	0.11%
INTA	A	0.07%	0.26%	0.07%
KN	B	0.04%	0.23%	0.04%
MITK	C	0.01%	0.0%	0.0%
NSIT	F	0.07%	0.05%	0.05%
NSSC	D	0.03%	0.19%	0.03%
NTCT	C	0.04%	0.23%	0.04%
ONTO	D	0.09%	0.19%	0.09%
PI	D	0.09%	0.5%	0.09%
PLAB	C	0.04%	0.43%	0.04%
PLUS	F	0.05%	0.59%	0.05%
PRGS	A	0.07%	0.38%	0.07%
QTWO	A	0.12%	0.4%	0.12%
RAMP	C	0.04%	0.1%	0.04%
SANM	B	0.09%	0.67%	0.09%
SCSC	B	0.03%	0.15%	0.03%
SEMR	B	0.01%	0.04%	0.01%
SPSC	C	0.09%	0.09%	0.09%
SWI	B	0.02%	0.03%	0.02%
TDC	D	0.07%	0.04%	0.04%
UCTT	D	0.04%	0.18%	0.04%
VRNS	D	0.09%	0.26%	0.09%
VRNT	C	0.04%	0.38%	0.04%
VSH	D	0.04%	0.16%	0.04%
XRX	F	0.02%	0.16%	0.02%
YEXT	A	0.02%	0.11%	0.02%
YOU	D	0.05%	0.37%	0.05%
ZETA	D	0.06%	0.81%	0.06%

FTEC Overweight 227 Positions Relative to AFSM

Symbol	Grade	Weight
NVDA	C	16.06%
AAPL	C	15.03%
MSFT	F	13.23%
AVGO	D	4.31%
CRM	B	2.04%
ORCL	B	1.9%
ADBE	C	1.51%
CSCO	B	1.47%
ACN	C	1.42%
AMD	F	1.39%
NOW	A	1.33%
INTU	C	1.23%
IBM	C	1.18%
TXN	C	1.16%
QCOM	F	1.14%
AMAT	F	0.98%
PLTR	B	0.81%
PANW	C	0.81%
MU	D	0.7%
INTC	D	0.69%
ADI	D	0.67%
ANET	C	0.66%
LRCX	F	0.64%
KLAC	D	0.57%
APH	A	0.57%
CDNS	B	0.55%
APP	B	0.55%
SNPS	B	0.55%
MSI	B	0.55%
MRVL	B	0.54%
CRWD	B	0.54%
ADSK	A	0.46%
MSTR	C	0.45%
FTNT	C	0.43%
WDAY	B	0.41%
FICO	B	0.41%
ROP	B	0.41%
NXPI	D	0.39%
TEAM	A	0.33%
IT	C	0.31%
CTSH	B	0.3%
SNOW	C	0.29%
GLW	B	0.29%
DELL	C	0.29%
DDOG	A	0.28%
HUBS	A	0.28%
HPQ	A	0.27%
MCHP	F	0.25%
ANSS	B	0.24%
NET	B	0.23%
HPE	B	0.23%
TYL	C	0.22%
GDDY	A	0.22%
ON	D	0.22%
KEYS	A	0.22%
PTC	A	0.2%
TDY	B	0.2%
MPWR	F	0.2%
ZM	B	0.2%
ZBRA	B	0.19%
TWLO	A	0.19%
CDW	F	0.19%
MDB	C	0.19%
NTAP	C	0.19%
TRMB	B	0.18%
WDC	D	0.18%
DOCU	A	0.18%
NTNX	A	0.18%
MANH	D	0.17%
FSLR	F	0.17%
STX	D	0.17%
GWRE	A	0.17%
GEN	B	0.17%
ZS	C	0.17%
FFIV	B	0.16%
EPAM	C	0.16%
JBL	B	0.16%
VRSN	F	0.16%
FLEX	A	0.16%
COHR	B	0.16%
BILL	A	0.15%
DT	C	0.15%
IOT	A	0.14%
PSTG	D	0.14%
ENTG	D	0.14%
TER	D	0.14%
SWKS	F	0.13%
AKAM	D	0.13%
JNPR	F	0.13%
CIEN	B	0.13%
PCOR	B	0.12%
GTLB	B	0.12%
CFLT	B	0.12%
OKTA	C	0.12%
LITE	B	0.12%
ALTR	B	0.11%
FN	D	0.11%
DBX	B	0.11%
SMAR	A	0.11%
KD	B	0.11%
SNX	C	0.11%
MARA	C	0.11%
S	B	0.11%
MTSI	B	0.11%
PATH	C	0.1%
U	C	0.1%
OLED	D	0.1%
AUR	C	0.1%
WK	B	0.1%
PLXS	B	0.1%
MKSI	C	0.1%
RMBS	C	0.1%
CGNX	C	0.1%
BSY	D	0.1%
BOX	B	0.1%
VNT	B	0.1%
LSCC	D	0.1%
ITRI	B	0.1%
CWAN	B	0.1%
QLYS	C	0.1%
DLB	B	0.09%
AVT	C	0.09%
SITM	B	0.09%
AEIS	B	0.09%
PEGA	A	0.09%
TENB	C	0.09%
HCP	B	0.09%
ARW	D	0.09%
LFUS	F	0.09%
NOVT	D	0.09%
ESTC	C	0.09%
CLSK	C	0.08%
SLAB	D	0.08%
POWI	D	0.08%
RIOT	C	0.08%
BLKB	B	0.08%
NCNO	B	0.08%
ENPH	F	0.08%
FRSH	C	0.07%
FIVN	C	0.07%
AI	B	0.07%
FROG	C	0.07%
DV	C	0.07%
MIR	A	0.07%
SYNA	C	0.07%
AGYS	A	0.07%
SMTC	B	0.07%
QRVO	F	0.07%
SMCI	F	0.07%
BL	B	0.07%
CRUS	D	0.07%
ALGM	D	0.06%
TTMI	B	0.06%
OSIS	B	0.06%
PAR	B	0.06%
KLIC	B	0.06%
DIOD	D	0.06%
RPD	C	0.06%
CXT	B	0.06%
RNG	B	0.06%
VERX	B	0.06%
VYX	B	0.05%
BRZE	C	0.05%
IPGP	D	0.05%
DOCN	D	0.05%
VIAV	B	0.05%
AMBA	B	0.05%
RBRK	A	0.05%
VECO	F	0.04%
INFA	D	0.04%
WULF	C	0.04%
ROG	D	0.04%
PD	C	0.04%
CALX	D	0.04%
SOUN	C	0.04%
ICHR	C	0.03%
ARLO	C	0.03%
ENV	B	0.03%
MXL	C	0.03%
DGII	B	0.03%
APPN	B	0.03%
COHU	C	0.03%
ASAN	C	0.03%
CIFR	B	0.03%
ZUO	B	0.03%
HLIT	D	0.03%
INFN	C	0.03%
SPT	C	0.03%
CEVA	B	0.02%
OLO	B	0.02%
NTGR	B	0.02%
AOSL	C	0.02%
SEDG	F	0.02%
DJCO	B	0.02%
INDI	C	0.02%
IBUY	A	0.02%
HCKT	B	0.02%
BASE	C	0.02%
NABL	F	0.02%
BLND	B	0.02%
ACMR	F	0.02%
CXM	C	0.02%
APLD	A	0.02%
PRO	C	0.02%
WOLF	F	0.02%
FSLY	D	0.02%
PDFS	C	0.02%
JAMF	F	0.02%
GDYN	B	0.02%
AAOI	B	0.02%
VPG	D	0.01%
CRSR	C	0.01%
MEI	D	0.01%
CLFD	D	0.01%
LWLG	F	0.01%
RBBN	C	0.01%
ENFN	A	0.01%
BIGC	C	0.01%
ETWO	F	0.01%
WEAV	B	0.01%
DMRC	C	0.01%
LASR	D	0.01%
KE	C	0.01%
MLNK	B	0.01%
NNBR	C	0.01%
VSAT	F	0.01%
OSPN	A	0.01%

FTEC Underweight 247 Positions Relative to AFSM

Symbol	Grade	Weight
MLI	C	-1.38%
SKYW	B	-1.22%
NHC	C	-1.2%
SFM	A	-1.0%
CPRX	C	-0.93%
ALKS	B	-0.93%
PFBC	B	-0.87%
CRS	A	-0.87%
STRL	B	-0.84%
ANF	C	-0.82%
FIX	A	-0.79%
EME	C	-0.79%
MHO	D	-0.78%
JXN	C	-0.78%
MTG	C	-0.73%
BCC	B	-0.72%
CALM	A	-0.72%
HALO	F	-0.7%
UVE	B	-0.7%
POWL	C	-0.7%
TMHC	B	-0.7%
TBBK	B	-0.7%
RDN	C	-0.7%
CEIX	A	-0.67%
MCY	A	-0.65%
SLVM	B	-0.65%
SLG	B	-0.65%
HSII	B	-0.64%
AROC	B	-0.64%
COOP	B	-0.63%
CRVL	A	-0.62%
HWKN	B	-0.61%
FDP	B	-0.61%
GMED	A	-0.61%
GMS	B	-0.6%
REZI	A	-0.6%
UFPT	B	-0.6%
NTB	B	-0.58%
PRK	B	-0.58%
EGBN	B	-0.57%
NHI	D	-0.57%
CORT	B	-0.57%
NMIH	D	-0.56%
SUPN	C	-0.56%
BTU	B	-0.55%
TGNA	B	-0.55%
OFG	B	-0.54%
BXC	B	-0.54%
CHCO	B	-0.54%
CVNA	B	-0.53%
STBA	B	-0.53%
DOLE	D	-0.53%
KBH	D	-0.52%
BRBR	A	-0.52%
AMWD	C	-0.52%
HIMS	C	-0.51%
COKE	C	-0.51%
MUSA	A	-0.51%
GEO	B	-0.51%
WT	B	-0.49%
ACT	D	-0.49%
PRDO	B	-0.47%
TEX	D	-0.47%
DFIN	D	-0.46%
CSWI	A	-0.46%
PINC	B	-0.46%
HRB	D	-0.44%
DDS	B	-0.44%
USLM	A	-0.43%
LNTH	D	-0.43%
WFRD	D	-0.42%
RMR	F	-0.42%
IESC	B	-0.41%
LGND	B	-0.41%
YMAB	F	-0.41%
EVER	F	-0.41%
ADUS	D	-0.4%
AMR	C	-0.39%
INMD	C	-0.38%
WNC	C	-0.38%
M	D	-0.37%
RDNT	B	-0.37%
MATX	C	-0.37%
SIG	B	-0.37%
ANIP	F	-0.37%
APOG	B	-0.37%
TILE	B	-0.37%
BPMC	C	-0.36%
CRAI	B	-0.36%
LOPE	B	-0.36%
MD	B	-0.36%
LRN	A	-0.36%
HRMY	D	-0.36%
CAL	D	-0.36%
BLBD	D	-0.36%
IIPR	D	-0.36%
HIW	D	-0.35%
CASH	A	-0.35%
ESNT	D	-0.34%
PDM	D	-0.34%
MOG.A	B	-0.34%
TRMK	B	-0.34%
MTH	D	-0.34%
CMC	B	-0.33%
FBP	B	-0.33%
ATKR	C	-0.33%
PBF	D	-0.32%
LPG	F	-0.32%
ATGE	B	-0.32%
PFS	B	-0.32%
CUZ	B	-0.31%
SCS	C	-0.31%
IBOC	A	-0.31%
SPNS	F	-0.3%
TWI	F	-0.3%
CNK	B	-0.3%
GRBK	D	-0.3%
RXST	F	-0.3%
AKR	B	-0.29%
DNOW	B	-0.29%
HURN	B	-0.29%
SBRA	C	-0.29%
TCMD	A	-0.29%
ODP	F	-0.29%
ADMA	B	-0.28%
VIRT	B	-0.28%
BKE	B	-0.28%
PHIN	A	-0.28%
ASO	F	-0.28%
HUBG	A	-0.28%
THFF	B	-0.28%
AZZ	B	-0.27%
MEDP	D	-0.27%
AVNS	F	-0.27%
SXC	A	-0.27%
ITCI	C	-0.27%
HCC	B	-0.27%
BNL	D	-0.27%
PSN	D	-0.27%
ABG	B	-0.26%
BKU	A	-0.26%
CCRN	F	-0.26%
PRG	C	-0.26%
HCI	C	-0.26%
BKH	A	-0.26%
PIPR	B	-0.25%
GNK	D	-0.25%
AGX	B	-0.25%
GIII	D	-0.25%
PRM	C	-0.25%
HAE	C	-0.23%
VNDA	C	-0.23%
MED	F	-0.23%
LMAT	A	-0.23%
HLX	B	-0.22%
IMKTA	C	-0.22%
HDSN	F	-0.22%
SMP	B	-0.22%
NX	C	-0.21%
TMDX	F	-0.21%
VCTR	B	-0.21%
SIGA	F	-0.21%
WABC	B	-0.21%
SBH	C	-0.21%
PK	B	-0.2%
BLFS	C	-0.2%
ENS	D	-0.2%
KRC	C	-0.2%
CMPR	D	-0.2%
INSW	F	-0.2%
NUS	D	-0.2%
SGBX	F	-0.19%
DHT	F	-0.19%
ASC	F	-0.19%
TARS	B	-0.19%
TPC	C	-0.18%
TNC	D	-0.18%
GOGL	F	-0.18%
NAVI	C	-0.18%
HOV	D	-0.17%
TGTX	B	-0.17%
NVST	B	-0.17%
ADNT	F	-0.17%
AXSM	B	-0.17%
BRC	D	-0.16%
KELYA	F	-0.16%
SD	D	-0.16%
HY	D	-0.16%
HROW	D	-0.16%
SCVL	F	-0.15%
GES	F	-0.15%
STNG	F	-0.15%
AIT	A	-0.14%
NECB	B	-0.14%
METC	C	-0.14%
MRVI	F	-0.14%
AYI	B	-0.14%
EIG	B	-0.13%
TWST	D	-0.13%
CWCO	C	-0.13%
PCRX	C	-0.13%
MOV	C	-0.13%
CSGS	B	-0.13%
CECO	A	-0.12%
CLW	F	-0.12%
OSCR	D	-0.11%
CHRD	D	-0.11%
INVA	D	-0.11%
CGEM	F	-0.11%
GFF	A	-0.1%
AMCX	C	-0.1%
ASTH	D	-0.1%
MAX	F	-0.09%
MLKN	D	-0.08%
KRYS	B	-0.08%
KTB	B	-0.08%
ATLO	D	-0.07%
TPH	D	-0.07%
PEBK	B	-0.07%
CTRE	D	-0.07%
WGO	C	-0.07%
FTDR	A	-0.06%
APAM	B	-0.06%
GRND	A	-0.06%
JWN	C	-0.06%
OMI	F	-0.06%
KSS	F	-0.06%
SWX	B	-0.05%
REVG	B	-0.05%
OGS	A	-0.05%
AMPH	D	-0.05%
HE	C	-0.04%
AMN	F	-0.04%
PHR	F	-0.04%
ETD	C	-0.04%
EOLS	D	-0.04%
ANDE	D	-0.04%
OTTR	C	-0.04%
COLL	F	-0.04%
PGNY	F	-0.03%
JBI	F	-0.03%
VITL	D	-0.03%
RYI	C	-0.03%
EMBC	C	-0.03%
LBRT	D	-0.03%
MAIN	A	-0.0%
EPAC	B	-0.0%

FTEC: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Semiconductor Equipment & Materials Communication Equipment Information Technology Services Electronic Components Scientific & Technical Instruments Contract Manufacturers Data Storage Capital Markets Computer Systems Telecom Services Business Services Computer Distribution Computer Hardware Consumer Electronics Diversified Industrials Electronics Distribution Internet Content & Information