FYEE vs. FWD ETF Comparison

Comparison of Fidelity Yield Enhanced Equity ETF (FYEE) to AB Disruptors ETF (FWD)

FYEE

Fidelity Yield Enhanced Equity ETF

FYEE Description

FYEE is actively managed, investing in equities similar to the S&P 500 and Russell 1000. The fund sells call options for income generation, emphasizing current income and potential capital growth.

Grade (RS Rating)

Last Trade

$27.41

Average Daily Volume

2,331

Number of Holdings ^*

153

* may have additional holdings in another (foreign) market

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

$83.95

Average Daily Volume

20,955

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FYEE	FWD
30 Days	3.53%	6.41%
60 Days	5.30%	8.28%
90 Days	7.07%	8.11%
12 Months		46.37%

27 Overlapping Holdings

Symbol	Grade	Weight in FYEE	Weight in FWD	Overlap
ABBV	D	0.93%	0.73%	0.73%
ABT	B	0.64%	0.52%	0.52%
ADBE	C	0.94%	0.71%	0.71%
AMAT	F	0.68%	0.87%	0.68%
AMZN	C	3.85%	1.73%	1.73%
ANET	C	0.07%	1.53%	0.07%
AVGO	D	1.66%	1.29%	1.29%
CAT	B	0.53%	0.98%	0.53%
DASH	A	0.11%	1.06%	0.11%
FTNT	C	0.2%	1.15%	0.2%
GOOGL	C	2.05%	1.3%	1.3%
HWM	A	0.39%	1.21%	0.39%
LLY	F	0.77%	0.76%	0.76%
LRCX	F	0.24%	0.94%	0.24%
META	D	2.9%	1.41%	1.41%
MSFT	F	5.69%	0.7%	0.7%
MU	D	0.5%	1.01%	0.5%
NEE	D	0.83%	0.79%	0.79%
NFLX	A	1.29%	1.54%	1.29%
NOW	A	0.49%	0.55%	0.49%
NVDA	C	7.38%	5.29%	5.29%
ORCL	B	0.04%	1.81%	0.04%
SYK	C	0.24%	0.81%	0.24%
TMO	F	0.38%	0.58%	0.38%
TSLA	B	1.28%	3.08%	1.28%
TT	A	0.68%	1.05%	0.68%
UBER	D	0.23%	0.52%	0.23%

FYEE Overweight 126 Positions Relative to FWD

Symbol	Grade	Weight
AAPL	C	7.39%
BRK.A	B	2.2%
JPM	A	1.95%
GOOG	C	1.9%
XOM	B	1.57%
MA	C	1.36%
HD	A	1.33%
BAC	A	1.19%
CRM	B	1.17%
MRK	F	0.96%
PM	B	0.95%
CMCSA	B	0.85%
QCOM	F	0.85%
WMT	A	0.82%
CSCO	B	0.81%
PG	A	0.81%
SCHW	B	0.79%
BMY	B	0.75%
GILD	C	0.75%
UNP	C	0.75%
JNJ	D	0.73%
T	A	0.72%
PYPL	B	0.72%
DIS	B	0.72%
LMT	D	0.72%
C	A	0.72%
TJX	A	0.72%
PGR	A	0.68%
CTAS	B	0.66%
V	A	0.65%
ECL	D	0.64%
CI	F	0.63%
KLAC	D	0.61%
NOC	D	0.6%
SQ	B	0.6%
BDX	F	0.59%
UNH	C	0.59%
CL	D	0.55%
SEIC	B	0.55%
DVN	F	0.53%
MMC	B	0.53%
ZM	B	0.53%
CVNA	B	0.53%
ZBRA	B	0.52%
DBX	B	0.52%
TXT	D	0.51%
EOG	A	0.49%
CSX	B	0.49%
GE	D	0.48%
CMG	B	0.48%
IGT	F	0.46%
EXEL	B	0.44%
CME	A	0.44%
SPG	B	0.44%
AXP	A	0.44%
WM	A	0.43%
MSI	B	0.43%
PFE	D	0.42%
GRMN	B	0.4%
PCAR	B	0.38%
ALLE	D	0.38%
ANF	C	0.36%
NUE	C	0.36%
PPG	F	0.35%
TDC	D	0.35%
ALRM	C	0.34%
INCY	C	0.34%
F	C	0.33%
CAH	B	0.32%
LDOS	C	0.31%
COST	B	0.31%
SKYW	B	0.31%
WFC	A	0.29%
TMUS	B	0.29%
MEDP	D	0.29%
RTX	C	0.28%
TROW	B	0.28%
ADP	B	0.26%
TRV	B	0.26%
MSCI	C	0.26%
AMGN	D	0.25%
MGM	D	0.24%
CVS	D	0.23%
RSG	A	0.23%
SPGI	C	0.22%
LHX	C	0.21%
AMT	D	0.21%
GAP	C	0.21%
BIIB	F	0.21%
SSNC	B	0.19%
TPH	D	0.19%
PEP	F	0.19%
MMM	D	0.19%
PSA	D	0.18%
BBWI	D	0.17%
CACI	D	0.17%
LNW	D	0.16%
OXY	D	0.15%
ITW	B	0.15%
IDXX	F	0.15%
CLX	B	0.14%
BK	A	0.13%
UNM	A	0.13%
GL	B	0.13%
GEN	B	0.13%
AON	A	0.13%
LPLA	A	0.12%
INTU	C	0.12%
KR	B	0.12%
PLTK	B	0.12%
NSC	B	0.11%
ED	D	0.1%
NRG	B	0.09%
AME	A	0.09%
TWLO	A	0.09%
DOCU	A	0.09%
LYFT	C	0.08%
NBIX	C	0.07%
CINF	A	0.07%
CRUS	D	0.07%
QRVO	F	0.06%
UTHR	C	0.05%
TNL	A	0.04%
VEEV	C	0.04%
TOL	B	0.02%
CVX	A	0.02%

FYEE Underweight 52 Positions Relative to FWD

Symbol	Grade	Weight
VST	B	-2.35%
GEV	B	-2.15%
VRT	B	-1.67%
ISRG	A	-1.62%
BSX	B	-1.56%
TXN	C	-1.51%
SHOP	B	-1.39%
PLTR	B	-1.33%
SPOT	B	-1.16%
EPAM	C	-1.14%
CRWD	B	-1.11%
ETN	A	-1.09%
APO	B	-1.09%
COHR	B	-1.06%
TTD	B	-1.05%
MRVL	B	-1.02%
DDOG	A	-0.99%
ON	D	-0.98%
IOT	A	-0.98%
TEAM	A	-0.95%
LSCC	D	-0.94%
TER	D	-0.93%
ARM	D	-0.91%
MDB	C	-0.91%
WAB	B	-0.86%
BKR	B	-0.85%
GWRE	A	-0.79%
CIEN	B	-0.74%
FROG	C	-0.74%
MNDY	C	-0.74%
SNPS	B	-0.72%
RBLX	C	-0.72%
AMD	F	-0.7%
LITE	B	-0.66%
AFRM	B	-0.66%
SLAB	D	-0.65%
HUBS	A	-0.65%
BKNG	A	-0.63%
ADI	D	-0.63%
MELI	D	-0.62%
ILMN	D	-0.56%
GTLB	B	-0.53%
RDDT	B	-0.53%
CRL	C	-0.5%
BSY	D	-0.48%
CFLT	B	-0.48%
ABNB	C	-0.46%
IPGP	D	-0.44%
IQV	D	-0.43%
FCX	D	-0.42%
RGEN	D	-0.41%
Z	A	-0.4%