FTEC vs. SPMO ETF Comparison

Comparison of Fidelity MSCI Information Technology Index ETF (FTEC) to PowerShares S&P 500 Momentum Portfolio (SPMO)

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

$173.88

Average Daily Volume

345,482

Number of Holdings ^*

279

* may have additional holdings in another (foreign) market

SPMO

PowerShares S&P 500 Momentum Portfolio

SPMO Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Momentum Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to track the performance of approximately 100 stocks in the S&P 500 Index that have the highest "momentum score." In general, momentum is the tendency of an investment to exhibit persistence in its relative performance. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$90.34

Average Daily Volume

995,019

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTEC	SPMO
30 Days	2.77%	2.18%
60 Days	4.67%	6.98%
90 Days	1.51%	3.37%
12 Months	43.03%	57.22%

27 Overlapping Holdings

Symbol	Grade	Weight in FTEC	Weight in SPMO	Overlap
AAPL	C	15.53%	9.91%	9.91%
ACN	C	1.51%	0.85%	0.85%
ADBE	F	1.62%	1.23%	1.23%
AKAM	D	0.16%	0.06%	0.06%
AMAT	D	1.08%	0.64%	0.64%
AMD	C	1.66%	1.54%	1.54%
ANET	C	0.67%	0.54%	0.54%
APH	C	0.54%	0.32%	0.32%
AVGO	C	4.53%	5.44%	4.53%
CDNS	D	0.54%	0.39%	0.39%
CRM	C	1.72%	1.46%	1.46%
FICO	B	0.37%	0.36%	0.36%
IBM	B	1.34%	1.11%	1.11%
INTC	D	0.63%	0.34%	0.34%
INTU	D	1.23%	0.84%	0.84%
IT	C	0.32%	0.16%	0.16%
JBL	C	0.14%	0.06%	0.06%
KLAC	D	0.71%	0.43%	0.43%
LRCX	D	0.7%	0.5%	0.5%
MSFT	C	14.58%	8.3%	8.3%
MSI	B	0.54%	0.28%	0.28%
NOW	C	1.24%	1.03%	1.03%
NVDA	C	13.94%	11.66%	11.66%
PANW	D	0.77%	0.71%	0.71%
PTC	C	0.2%	0.1%	0.1%
ROP	C	0.44%	0.26%	0.26%
SNPS	F	0.54%	0.35%	0.35%

FTEC Overweight 252 Positions Relative to SPMO

Symbol	Grade	Weight
ORCL	B	1.88%
CSCO	B	1.41%
QCOM	D	1.27%
TXN	B	1.22%
ADI	C	0.77%
MU	D	0.67%
PLTR	C	0.54%
MRVL	D	0.47%
CRWD	D	0.46%
ADSK	B	0.44%
NXPI	D	0.43%
WDAY	D	0.41%
FTNT	B	0.38%
TEL	D	0.35%
MPWR	B	0.34%
MCHP	D	0.33%
CTSH	B	0.31%
GLW	B	0.29%
SNOW	F	0.27%
HPQ	C	0.27%
DELL	C	0.27%
DDOG	D	0.26%
ON	D	0.25%
CDW	D	0.25%
TEAM	D	0.24%
KEYS	B	0.24%
ANSS	D	0.24%
APP	C	0.24%
NET	D	0.22%
HUBS	D	0.22%
FSLR	C	0.22%
TYL	C	0.22%
MDB	D	0.21%
NTAP	D	0.21%
TDY	B	0.2%
WDC	C	0.2%
SMCI	F	0.2%
MSTR	C	0.2%
HPE	C	0.2%
TER	C	0.19%
STX	B	0.19%
GDDY	C	0.19%
ZBRA	B	0.18%
ZM	C	0.18%
NTNX	D	0.17%
ENTG	D	0.17%
VRSN	C	0.17%
MANH	B	0.17%
ZS	F	0.16%
TRMB	C	0.16%
ENPH	D	0.16%
SWKS	F	0.16%
DT	C	0.16%
GWRE	B	0.16%
FFIV	B	0.15%
PSTG	F	0.15%
COHR	C	0.14%
IOT	C	0.14%
FLEX	B	0.14%
DOCU	C	0.14%
EPAM	F	0.14%
JNPR	A	0.14%
OKTA	F	0.13%
TWLO	C	0.13%
OLED	D	0.13%
ONTO	C	0.12%
CIEN	B	0.12%
SNX	C	0.12%
QRVO	F	0.12%
FN	C	0.11%
MKSI	F	0.11%
CGNX	F	0.11%
DBX	C	0.11%
CVLT	B	0.11%
ARW	B	0.11%
BOX	C	0.11%
BMI	B	0.11%
GTLB	D	0.11%
SPSC	D	0.11%
ZETA	C	0.11%
LSCC	D	0.11%
U	D	0.11%
SMAR	A	0.11%
BSY	C	0.11%
QTWO	C	0.1%
DXC	D	0.1%
AUR	C	0.1%
VNT	F	0.1%
HCP	A	0.1%
QLYS	D	0.1%
APPF	C	0.1%
BILL	D	0.1%
KD	F	0.1%
MTSI	C	0.1%
ITRI	C	0.1%
ACIW	B	0.1%
ALTR	C	0.1%
VRNS	B	0.1%
CRUS	D	0.1%
LFUS	C	0.1%
PATH	D	0.1%
NOVT	D	0.1%
PCOR	D	0.1%
S	D	0.1%
NSIT	C	0.1%
PI	B	0.1%
WK	D	0.09%
ESTC	F	0.09%
IDCC	B	0.09%
SANM	D	0.09%
PLXS	B	0.09%
SLAB	D	0.09%
BLKB	C	0.09%
LITE	B	0.09%
CWAN	C	0.09%
AVT	B	0.09%
MARA	D	0.09%
DLB	D	0.09%
BDC	B	0.09%
TENB	F	0.09%
CFLT	F	0.09%
ASGN	D	0.09%
FORM	F	0.08%
SYNA	D	0.08%
ACLS	F	0.08%
POWI	F	0.08%
CRDO	D	0.08%
AMKR	F	0.08%
RMBS	F	0.08%
AEIS	D	0.08%
NCNO	F	0.07%
ALRM	F	0.07%
SMTC	C	0.07%
FROG	F	0.07%
YOU	B	0.07%
BL	D	0.07%
PRFT	B	0.07%
SITM	B	0.07%
ALGM	D	0.07%
DIOD	F	0.07%
TDC	D	0.07%
CACC	F	0.07%
PEGA	B	0.07%
SQSP	B	0.07%
KLIC	D	0.06%
RNG	F	0.06%
OSIS	C	0.06%
DOCN	C	0.06%
INTA	C	0.06%
PRGS	A	0.06%
DV	F	0.06%
PLUS	B	0.06%
AI	F	0.06%
AGYS	D	0.06%
ALKT	D	0.05%
ROG	D	0.05%
TTMI	D	0.05%
VIAV	C	0.05%
MIR	C	0.05%
EXTR	C	0.05%
PAR	D	0.05%
FRSH	F	0.05%
VERX	D	0.05%
RIOT	F	0.05%
IPGP	D	0.05%
BRZE	F	0.05%
VSH	F	0.05%
AMBA	C	0.05%
CLSK	F	0.05%
FIVN	F	0.05%
CALX	C	0.05%
RPD	D	0.05%
CTS	D	0.04%
SPT	F	0.04%
NTCT	C	0.04%
INFN	B	0.04%
NSSC	F	0.04%
PLAB	D	0.04%
HLIT	C	0.04%
UCTT	D	0.04%
KN	D	0.04%
BHE	C	0.04%
PDFS	D	0.04%
VRNT	F	0.04%
RBRK	F	0.04%
INFA	D	0.04%
VECO	F	0.04%
RAMP	F	0.04%
WULF	C	0.03%
DGII	D	0.03%
ATEN	C	0.03%
SGH	D	0.03%
WOLF	F	0.03%
ASAN	F	0.03%
APPN	C	0.03%
SCSC	D	0.03%
VSAT	F	0.03%
JAMF	D	0.03%
ARLO	D	0.03%
MXL	D	0.03%
ENV	C	0.03%
ZUO	F	0.03%
COHU	F	0.03%
SEDG	F	0.03%
XRX	D	0.03%
SOUN	D	0.03%
PWSC	C	0.03%
OSPN	C	0.02%
BASE	F	0.02%
CIFR	D	0.02%
NTGR	D	0.02%
INDI	F	0.02%
DJCO	C	0.02%
HCKT	C	0.02%
SWI	B	0.02%
IBUY	A	0.02%
ETWO	D	0.02%
PRO	F	0.02%
YEXT	C	0.02%
BLND	C	0.02%
BELFB	C	0.02%
APLD	C	0.02%
ACMR	D	0.02%
GDYN	C	0.02%
AOSL	D	0.02%
PDFS	D	0.02%
CXM	F	0.02%
FSLY	D	0.02%
ICHR	D	0.02%
NABL	F	0.02%
CNXN	B	0.02%
RBBN	D	0.01%
VPG	F	0.01%
CRSR	D	0.01%
NNBR	C	0.01%
LWLG	D	0.01%
ENFN	C	0.01%
MEI	D	0.01%
WEAV	C	0.01%
BIGC	F	0.01%
MITK	F	0.01%
SEMR	C	0.01%
DMRC	F	0.01%
KE	F	0.01%
CLFD	D	0.01%
AAOI	D	0.01%
LASR	F	0.01%
OLO	F	0.01%
TWKS	C	0.01%
DAKT	D	0.01%
MLNK	D	0.01%
CEVA	C	0.01%

FTEC Underweight 70 Positions Relative to SPMO

Symbol	Grade	Weight
META	B	-8.92%
AMZN	C	-7.26%
LLY	D	-5.18%
BRK.A	C	-3.7%
JPM	D	-2.3%
COST	C	-2.22%
GE	C	-1.34%
NFLX	B	-1.26%
UBER	C	-1.09%
WMT	B	-1.08%
LIN	B	-0.83%
ISRG	C	-0.8%
AMGN	D	-0.68%
ETN	C	-0.68%
BKNG	B	-0.59%
BSX	B	-0.57%
SYK	C	-0.48%
VRTX	D	-0.47%
TDG	B	-0.47%
TJX	C	-0.44%
TT	B	-0.38%
REGN	D	-0.38%
CMG	D	-0.37%
CTAS	C	-0.36%
PH	B	-0.35%
SHW	B	-0.34%
MDLZ	C	-0.31%
WM	D	-0.29%
CEG	C	-0.29%
MCK	F	-0.28%
ORLY	B	-0.26%
RSG	D	-0.26%
PSX	F	-0.26%
PCAR	D	-0.26%
MAR	B	-0.26%
RCL	B	-0.25%
ECL	B	-0.25%
GWW	B	-0.24%
DHI	C	-0.24%
HLT	B	-0.23%
CPRT	D	-0.23%
PHM	B	-0.21%
LEN	B	-0.21%
MPC	F	-0.2%
AJG	D	-0.19%
FAST	C	-0.19%
URI	B	-0.18%
IR	B	-0.18%
HWM	B	-0.17%
VRSK	D	-0.17%
BLDR	C	-0.16%
CBOE	C	-0.14%
MLM	D	-0.14%
CAH	C	-0.14%
IRM	C	-0.13%
PWR	B	-0.13%
ACGL	B	-0.13%
WAB	B	-0.12%
BR	C	-0.12%
LULU	D	-0.12%
VMC	C	-0.11%
HUBB	B	-0.1%
NRG	B	-0.1%
BRO	C	-0.1%
TTWO	D	-0.1%
NVR	B	-0.09%
WST	D	-0.09%
CPAY	B	-0.09%
CCL	C	-0.06%
PNR	B	-0.06%

FTEC: Top Represented Industries & Keywords

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