IGTR vs. FDEM ETF Comparison

Comparison of Innovator Gradient Tactical Rotation Strategy ETF (IGTR) to Fidelity Targeted Emerging Markets Factor ETF (FDEM)

IGTR

Innovator Gradient Tactical Rotation Strategy ETF

IGTR Description

Innovator Gradient Tactical Rotation Strategy ETF is an exchange traded fund launched and managed by Innovator Capital Management, LLC. The fund is co-managed by Gradient Investments, LLC and Penserra Capital Management LLC. The fund invests in the public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. The fund invests in momentum and volatile stocks of companies across diversified market capitalization. It employs fundamental analysis with top-down stock picking approach to create its portfolio. Innovator Gradient Tactical Rotation Strategy ETF is domiciled in United States.

Grade (RS Rating)

Last Trade

$25.70

Average Daily Volume

15,173

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDEM

Fidelity Targeted Emerging Markets Factor ETF

FDEM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Targeted International Factor Index℠. The fund invests at least 80% of its assets in securities included in the index and in depository receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization developed international companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader developed international equity market, and lower correlation to the U.S. equity market.

Grade (RS Rating)

Last Trade

$25.68

Average Daily Volume

31,311

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IGTR	FDEM
30 Days	-3.26%	-2.61%
60 Days	-8.89%	-1.98%
90 Days	-10.00%	-1.62%
12 Months	11.50%	16.06%

7 Overlapping Holdings

Symbol	Grade	Weight in IGTR	Weight in FDEM	Overlap
BABA	D	2.77%	1.37%	1.37%
BIDU	F	0.57%	0.64%	0.57%
CHT	D	0.3%	0.57%	0.3%
PDD	F	0.93%	0.85%	0.85%
TCOM	B	0.69%	0.32%	0.32%
VALE	F	0.59%	0.28%	0.28%
YUMC	C	0.58%	0.18%	0.18%

IGTR Overweight 11 Positions Relative to FDEM

Symbol	Grade	Weight
HDB	C	5.45%
IBN	C	3.78%
INFY	B	3.27%
NU	C	0.91%
BAP	B	0.52%
GGB	C	0.43%
LI	F	0.35%
BGNE	D	0.34%
UMC	F	0.3%
YALA	D	0.3%
NIO	F	0.23%

IGTR Underweight 6 Positions Relative to FDEM

Symbol	Grade	Weight
ATHM	D	-0.5%
BCH	F	-0.38%
WIT	A	-0.17%
VIPS	F	-0.1%
MNSO	F	-0.09%
LPL	F	-0.03%