FWD vs. FBCG ETF Comparison

Comparison of AB Disruptors ETF (FWD) to Fidelity Blue Chip Growth ETF (FBCG)

FWD

AB Disruptors ETF

FWD Description

FWD seeks capital growth by actively investing in companies globally, believed to be at the forefront of innovative growth trends. The funds adviser considers such companies as market disrupters. Many may utilize technology to enhance or create new demand for their product or service. The selection process combines a top-down evaluation of macroeconomic growth trends with fundamental, bottom-up analysis of individual companies. Factors such as current and projected profitability, pricing power, competitiveness, technological superiority, and management robustness of a company are considered. Targeted themes may include cloud infrastructure & AI, energy transition, transportation & logistics, medical innovation, digital transactions & media, and industrial innovation. The resulting portfolio of 80-120 stocks is considered non-diversified and may heavily focus on industries within the Information Technology sector.

Grade (RS Rating)

Last Trade

$77.49

Average Daily Volume

17,517

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FBCG

Fidelity Blue Chip Growth ETF

FBCG Description

The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes have above-average growth potential (stocks of these companies are often called "growth" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.95

Average Daily Volume

394,221

Number of Holdings ^*

184

* may have additional holdings in another (foreign) market

Performance

Period	FWD	FBCG
30 Days	-0.41%	1.95%
60 Days	0.77%	3.25%
90 Days	9.22%	7.98%
12 Months	50.74%	49.48%

44 Overlapping Holdings

Symbol	Grade	Weight in FWD	Weight in FBCG	Overlap
AAPL	C	1.05%	11.63%	1.05%
ABNB	C	0.48%	0.42%	0.42%
ADBE	F	0.95%	0.1%	0.1%
AMAT	F	0.96%	0.05%	0.05%
AMD	F	1.05%	0.39%	0.39%
AMZN	B	1.28%	8.42%	1.28%
ANET	B	1.67%	0.1%	0.1%
AVGO	B	1.54%	0.66%	0.66%
BSX	B	1.5%	0.8%	0.8%
CIEN	B	0.49%	0.06%	0.06%
COHR	B	0.89%	0.04%	0.04%
DDOG	B	0.75%	0.13%	0.13%
ENPH	F	0.34%	0.06%	0.06%
ETN	B	1.07%	0.11%	0.11%
GEV	A	1.76%	0.1%	0.1%
GOOGL	A	0.5%	6.38%	0.5%
HUBS	B	0.55%	0.24%	0.24%
HWM	B	1.1%	0.19%	0.19%
ISRG	B	1.59%	0.34%	0.34%
LLY	D	0.96%	3.44%	0.96%
MDB	F	0.86%	0.12%	0.12%
META	B	1.91%	5.35%	1.91%
MPWR	F	1.14%	0.51%	0.51%
MRVL	B	1.14%	1.32%	1.14%
MSFT	D	0.53%	8.31%	0.53%
MU	C	1.13%	0.2%	0.2%
NFLX	A	1.4%	2.5%	1.4%
NOW	B	0.54%	0.32%	0.32%
NVDA	B	5.41%	13.71%	5.41%
ON	D	0.96%	0.61%	0.61%
ORCL	B	2.05%	0.18%	0.18%
PI	C	0.42%	0.03%	0.03%
REGN	F	0.46%	0.94%	0.46%
SHOP	B	1.07%	0.16%	0.16%
SNPS	B	0.69%	0.07%	0.07%
SPOT	A	1.11%	0.08%	0.08%
SYK	C	0.76%	0.2%	0.2%
TER	F	0.51%	0.32%	0.32%
TMO	F	0.65%	0.1%	0.1%
TSLA	A	1.55%	0.86%	0.86%
TT	C	1.03%	0.03%	0.03%
TTD	A	1.08%	0.03%	0.03%
UBER	C	0.6%	1.31%	0.6%
Z	D	0.33%	0.08%	0.08%

FWD Overweight 38 Positions Relative to FBCG

Symbol	Grade	Weight
VST	B	1.74%
PLTR	B	1.24%
FTNT	B	1.03%
TXN	B	1.03%
VRT	B	1.03%
CRWD	C	1.01%
CAT	B	1.0%
IOT	B	0.98%
EPAM	F	0.95%
MELI	C	0.94%
MNDY	B	0.88%
NEE	D	0.87%
WAB	A	0.84%
IQV	F	0.8%
GWRE	B	0.79%
ABT	C	0.78%
TEAM	B	0.77%
ABBV	A	0.75%
BKR	A	0.74%
ADI	C	0.71%
CRL	F	0.71%
LRCX	F	0.68%
DASH	A	0.67%
LITE	B	0.63%
ILMN	B	0.62%
ARM	B	0.62%
CRUS	F	0.57%
BKNG	A	0.55%
FROG	C	0.52%
LSCC	C	0.51%
BSY	F	0.51%
XYL	F	0.47%
CALX	C	0.47%
FCX	D	0.46%
RGEN	F	0.46%
SLAB	F	0.46%
AFRM	A	0.45%
MEDP	F	0.44%

FWD Underweight 140 Positions Relative to FBCG

Symbol	Grade	Weight
NXPI	D	-1.64%
SNAP	B	-1.31%
UNH	D	-1.27%
MA	B	-1.13%
LOW	B	-1.0%
TSM	B	-0.86%
TJX	D	-0.59%
CVNA	A	-0.59%
DECK	B	-0.57%
CMG	D	-0.48%
ZTS	D	-0.48%
BA	F	-0.48%
SBUX	A	-0.46%
ANF	D	-0.46%
LULU	C	-0.45%
NVO	F	-0.45%
GFS	F	-0.44%
WMT	A	-0.41%
NKE	F	-0.39%
AXP	B	-0.39%
LYFT	C	-0.39%
COIN	D	-0.33%
DKS	F	-0.33%
OKTA	F	-0.32%
DHR	F	-0.31%
CROX	F	-0.3%
PG	D	-0.3%
FANG	F	-0.29%
RH	B	-0.28%
AEO	F	-0.28%
INTU	D	-0.27%
PGR	D	-0.26%
GS	B	-0.26%
SQ	B	-0.26%
ASML	F	-0.24%
V	A	-0.24%
GE	C	-0.24%
MRK	F	-0.23%
RIVN	F	-0.23%
WELL	A	-0.23%
SN	C	-0.22%
PDD	C	-0.21%
EOG	D	-0.21%
WDC	D	-0.2%
SGBX	F	-0.19%
CRS	C	-0.19%
QCOM	D	-0.19%
C	A	-0.18%
DKNG	F	-0.18%
APP	A	-0.18%
XOM	C	-0.17%
DELL	A	-0.17%
THC	C	-0.14%
ZM	A	-0.13%
GLW	A	-0.13%
TEVA	A	-0.13%
FDX	C	-0.12%
WRBY	B	-0.12%
MCD	C	-0.12%
ALNY	C	-0.12%
OWL	B	-0.12%
FLUT	B	-0.12%
PENN	A	-0.12%
MS	B	-0.12%
DHI	D	-0.11%
PVH	C	-0.11%
MCO	D	-0.11%
SNOW	C	-0.11%
PM	A	-0.11%
RDDT	A	-0.11%
PHM	D	-0.1%
KKR	B	-0.1%
APO	B	-0.09%
TMUS	B	-0.09%
BLD	F	-0.08%
COST	D	-0.08%
MRNA	F	-0.08%
ATI	F	-0.08%
OLLI	C	-0.08%
SHW	D	-0.07%
EXP	B	-0.07%
DUOL	A	-0.06%
CHRW	C	-0.06%
KVUE	A	-0.06%
LEGN	D	-0.06%
MLM	A	-0.06%
TOST	A	-0.06%
VMC	A	-0.06%
ACVA	F	-0.06%
HD	B	-0.06%
BLDR	F	-0.06%
SPR	D	-0.06%
SAP	B	-0.06%
BRK.A	D	-0.05%
WSM	F	-0.05%
AXON	B	-0.05%
TGT	F	-0.05%
LIN	C	-0.05%
EME	A	-0.05%
TDG	C	-0.05%
GM	B	-0.05%
ALGM	F	-0.05%
AYI	B	-0.05%
GRMN	B	-0.04%
GKOS	B	-0.04%
VSCO	A	-0.04%
FSLR	F	-0.04%
HDB	B	-0.04%
FIVE	C	-0.04%
TKO	D	-0.04%
WSO	D	-0.03%
LNG	A	-0.03%
HSY	F	-0.03%
CAR	C	-0.03%
FBIN	C	-0.03%
RCL	A	-0.03%
EL	F	-0.03%
WING	F	-0.03%
MMYT	B	-0.03%
TOL	C	-0.03%
IP	A	-0.03%
EAT	A	-0.03%
USB	B	-0.03%
VFC	A	-0.03%
ONON	C	-0.03%
AZEK	C	-0.03%
RL	B	-0.03%
FLR	B	-0.03%
SW	C	-0.03%
NTRA	D	-0.03%
CCL	A	-0.03%
TTWO	A	-0.03%
JEF	B	-0.03%
W	F	-0.02%
QRVO	F	-0.02%
MASI	A	-0.02%
GAP	D	-0.02%
FL	F	-0.02%
ELF	F	-0.02%
ASND	F	-0.01%