FTEC vs. GARP ETF Comparison

Comparison of Fidelity MSCI Information Technology Index ETF (FTEC) to iShares MSCI USA Quality GARP ETF (GARP)

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

$185.18

Average Daily Volume

212,411

Number of Holdings ^*

275

* may have additional holdings in another (foreign) market

GARP

iShares MSCI USA Quality GARP ETF

GARP Description

Grade (RS Rating)

Last Trade

$55.77

Average Daily Volume

45,422

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

Performance

Period	FTEC	GARP
30 Days	4.14%	6.13%
60 Days	7.90%	5.15%
90 Days	7.31%	6.86%
12 Months	36.13%	42.31%

43 Overlapping Holdings

Symbol	Grade	Weight in FTEC	Weight in GARP	Overlap
AAPL	C	15.03%	4.74%	4.74%
ADBE	C	1.51%	4.21%	1.51%
ADSK	A	0.46%	0.22%	0.22%
AMAT	F	0.98%	2.76%	0.98%
AMD	F	1.39%	1.41%	1.39%
ANET	C	0.66%	0.34%	0.34%
APP	B	0.55%	0.41%	0.41%
AVGO	D	4.31%	4.59%	4.31%
CDNS	B	0.55%	0.26%	0.26%
CRM	B	2.04%	2.06%	2.04%
CRWD	B	0.54%	0.26%	0.26%
DDOG	A	0.28%	0.13%	0.13%
DELL	C	0.29%	0.25%	0.25%
DOCU	A	0.18%	0.1%	0.1%
DT	C	0.15%	0.09%	0.09%
ENPH	F	0.08%	0.05%	0.05%
ENTG	D	0.14%	0.1%	0.1%
FICO	B	0.41%	0.18%	0.18%
FTNT	C	0.43%	0.19%	0.19%
GDDY	A	0.22%	0.17%	0.17%
INTU	C	1.23%	1.2%	1.2%
IOT	A	0.14%	0.04%	0.04%
IT	C	0.31%	0.13%	0.13%
JBL	B	0.16%	0.09%	0.09%
KLAC	D	0.57%	3.66%	0.57%
LRCX	F	0.64%	1.82%	0.64%
MANH	D	0.17%	0.37%	0.17%
MPWR	F	0.2%	0.09%	0.09%
MSFT	F	13.23%	4.56%	4.56%
NOW	A	1.33%	0.68%	0.68%
NVDA	C	16.06%	5.42%	5.42%
NXPI	D	0.39%	0.36%	0.36%
ORCL	B	1.9%	2.02%	1.9%
PANW	C	0.81%	0.41%	0.41%
PLTR	B	0.81%	0.39%	0.39%
PSTG	D	0.14%	0.1%	0.1%
PTC	A	0.2%	0.15%	0.15%
QCOM	F	1.14%	1.1%	1.1%
SMCI	F	0.07%	0.1%	0.07%
SNPS	B	0.55%	0.27%	0.27%
TEAM	A	0.33%	0.13%	0.13%
WDAY	B	0.41%	0.36%	0.36%
ZS	C	0.17%	0.06%	0.06%

FTEC Overweight 232 Positions Relative to GARP

Symbol	Grade	Weight
CSCO	B	1.47%
ACN	C	1.42%
IBM	C	1.18%
TXN	C	1.16%
MU	D	0.7%
INTC	D	0.69%
ADI	D	0.67%
APH	A	0.57%
MSI	B	0.55%
MRVL	B	0.54%
MSTR	C	0.45%
ROP	B	0.41%
CTSH	B	0.3%
SNOW	C	0.29%
GLW	B	0.29%
HUBS	A	0.28%
HPQ	B	0.27%
MCHP	D	0.25%
ANSS	B	0.24%
NET	B	0.23%
HPE	B	0.23%
TYL	B	0.22%
ON	D	0.22%
KEYS	A	0.22%
TDY	B	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%
NTNX	A	0.18%
FSLR	F	0.17%
STX	D	0.17%
GWRE	A	0.17%
GEN	B	0.17%
FFIV	B	0.16%
EPAM	C	0.16%
VRSN	F	0.16%
FLEX	A	0.16%
COHR	B	0.16%
BILL	A	0.15%
TER	D	0.14%
SWKS	F	0.13%
AKAM	D	0.13%
JNPR	F	0.13%
CIEN	B	0.13%
QTWO	A	0.12%
PCOR	B	0.12%
GTLB	B	0.12%
CFLT	B	0.12%
OKTA	C	0.12%
LITE	B	0.12%
IDCC	A	0.11%
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%
CVLT	B	0.11%
CRDO	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%
BDC	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%
BMI	B	0.1%
VNT	B	0.1%
LSCC	D	0.1%
ACIW	B	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%
DXC	B	0.09%
ARW	D	0.09%
VRNS	D	0.09%
APPF	B	0.09%
LFUS	F	0.09%
SANM	B	0.09%
NOVT	D	0.09%
ONTO	D	0.09%
PI	D	0.09%
ESTC	C	0.09%
SPSC	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%
ASGN	F	0.08%
FORM	D	0.07%
ALRM	C	0.07%
TDC	D	0.07%
FRSH	C	0.07%
PRGS	A	0.07%
FIVN	C	0.07%
AI	B	0.07%
FROG	C	0.07%
INTA	A	0.07%
DV	C	0.07%
MIR	A	0.07%
NSIT	F	0.07%
SYNA	C	0.07%
AGYS	A	0.07%
SMTC	B	0.07%
QRVO	F	0.07%
BL	B	0.07%
CRUS	D	0.07%
ALGM	D	0.06%
ACLS	F	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%
AMKR	D	0.06%
ZETA	D	0.06%
VYX	B	0.05%
EXTR	B	0.05%
BRZE	C	0.05%
ALKT	B	0.05%
PLUS	F	0.05%
IPGP	D	0.05%
YOU	D	0.05%
DOCN	D	0.05%
VIAV	B	0.05%
AMBA	B	0.05%
RBRK	A	0.05%
VRNT	C	0.04%
VECO	F	0.04%
UCTT	D	0.04%
PLAB	C	0.04%
CTS	C	0.04%
NTCT	C	0.04%
INFA	D	0.04%
KN	B	0.04%
WULF	C	0.04%
ROG	D	0.04%
BHE	B	0.04%
PD	C	0.04%
CALX	D	0.04%
VSH	D	0.04%
SOUN	C	0.04%
RAMP	C	0.04%
ICHR	C	0.03%
ARLO	C	0.03%
SCSC	B	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%
ATEN	B	0.03%
CIFR	B	0.03%
ZUO	B	0.03%
NSSC	D	0.03%
HLIT	D	0.03%
INFN	C	0.03%
SPT	C	0.03%
CEVA	B	0.02%
OLO	B	0.02%
SWI	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%
BELFB	C	0.02%
BLND	B	0.02%
YEXT	A	0.02%
ACMR	F	0.02%
CXM	C	0.02%
APLD	A	0.02%
CNXN	C	0.02%
PRO	C	0.02%
WOLF	F	0.02%
FSLY	D	0.02%
PDFS	C	0.02%
JAMF	F	0.02%
XRX	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%
SEMR	B	0.01%
ENFN	A	0.01%
BIGC	C	0.01%
MITK	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%
DAKT	B	0.01%
VSAT	F	0.01%
OSPN	A	0.01%

FTEC Underweight 102 Positions Relative to GARP

Symbol	Grade	Weight
TSLA	B	-6.81%
MA	C	-4.19%
META	D	-4.19%
GOOGL	C	-2.97%
LLY	F	-2.54%
MRK	F	-2.12%
V	A	-2.05%
GE	D	-1.64%
PGR	A	-1.3%
AMZN	C	-1.3%
GWW	B	-1.03%
GOOG	C	-0.88%
ODFL	B	-0.84%
ABNB	C	-0.82%
RCL	A	-0.81%
CMG	B	-0.8%
AMP	A	-0.79%
LULU	C	-0.7%
IDXX	F	-0.68%
FLUT	A	-0.66%
SHW	A	-0.65%
MELI	D	-0.63%
NFLX	A	-0.56%
APO	B	-0.56%
GS	A	-0.55%
DECK	A	-0.54%
BKNG	A	-0.51%
AXP	A	-0.48%
CPRT	A	-0.48%
WSM	B	-0.44%
SLB	C	-0.44%
HWM	A	-0.44%
VRT	B	-0.42%
HAL	C	-0.4%
GEV	B	-0.38%
DASH	A	-0.37%
EQT	B	-0.37%
TMUS	B	-0.36%
EXPE	B	-0.33%
ULTA	F	-0.32%
VRTX	F	-0.32%
ACGL	D	-0.31%
NUE	C	-0.3%
STLD	B	-0.3%
LII	A	-0.29%
TPL	A	-0.28%
APTV	D	-0.28%
CTRA	B	-0.28%
KKR	A	-0.27%
PAYC	B	-0.23%
MCK	B	-0.23%
CPAY	A	-0.21%
LPLA	A	-0.2%
DVN	F	-0.2%
UBER	D	-0.18%
HES	B	-0.17%
APA	D	-0.16%
SQ	B	-0.15%
AZO	C	-0.14%
MRO	B	-0.14%
KNX	B	-0.13%
AMT	D	-0.13%
DKNG	B	-0.13%
BURL	A	-0.12%
ORLY	B	-0.1%
TDG	D	-0.1%
H	B	-0.1%
IQV	D	-0.1%
FCX	D	-0.09%
DAL	C	-0.09%
HLT	A	-0.09%
VEEV	C	-0.09%
FANG	D	-0.09%
DOW	F	-0.09%
COIN	C	-0.08%
DXCM	D	-0.08%
MKL	A	-0.07%
WBD	C	-0.07%
CE	F	-0.07%
LNG	B	-0.07%
TRGP	B	-0.06%
AXON	A	-0.06%
SBAC	D	-0.06%
LW	C	-0.05%
PODD	C	-0.05%
MOH	F	-0.05%
ARES	A	-0.05%
NBIX	C	-0.04%
OVV	B	-0.04%
ALNY	D	-0.04%
FWONK	B	-0.03%
PINS	D	-0.03%
MGM	D	-0.03%
ALLY	C	-0.03%
CTLT	B	-0.03%
NRG	B	-0.03%
INCY	C	-0.03%
LYV	A	-0.03%
SNAP	C	-0.02%
MRNA	F	-0.02%
DVA	B	-0.02%
CELH	F	-0.01%

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