IQM vs. FMET ETF Comparison

Comparison of Franklin Intelligent Machines ETF (IQM) to Fidelity Metaverse ETF (FMET)

IQM

Franklin Intelligent Machines ETF

IQM Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$58.46

Average Daily Volume

2,262

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FMET

Fidelity Metaverse ETF

FMET Description

The fund normally invests at least 80% of assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies that develop, manufacture, distribute, or sell products or services related to establishing and enabling the Metaverse. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.06

Average Daily Volume

9,143

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQM	FMET
30 Days	0.89%	1.98%
60 Days	0.37%	-0.78%
90 Days	3.61%	-0.93%
12 Months	36.11%	23.32%

8 Overlapping Holdings

Symbol	Grade	Weight in IQM	Weight in FMET	Overlap
AAPL	B	3.82%	4.55%	3.82%
ADSK	F	1.59%	2.16%	1.59%
AMD	D	2.58%	3.7%	2.58%
ANSS	D	1.74%	2.06%	1.74%
BSY	A	0.5%	1.65%	0.5%
INTC	F	0.36%	2.7%	0.36%
NVDA	B	10.99%	5.14%	5.14%
PTC	D	1.98%	1.86%	1.86%

IQM Overweight 39 Positions Relative to FMET

Symbol	Grade	Weight
ASML	D	4.94%
ISRG	D	4.86%
CDNS	D	4.49%
SNPS	D	4.44%
AXON	B	3.54%
TSM	B	3.48%
AMAT	C	3.2%
TSLA	D	2.98%
PWR	B	2.48%
TER	B	1.91%
AVGO	C	1.81%
ENTG	D	1.8%
ADI	A	1.76%
LRCX	D	1.69%
APH	A	1.69%
KLAC	A	1.63%
ETN	A	1.44%
DXCM	D	1.44%
IDXX	D	1.34%
ALTR	C	1.15%
NXPI	A	1.06%
ROP	D	0.92%
KEYS	D	0.89%
TXN	A	0.71%
TEL	C	0.68%
VMI	B	0.59%
TEAM	F	0.51%
MCHP	B	0.49%
TRMB	D	0.48%
FSLR	B	0.44%
HON	C	0.38%
PRCT	B	0.31%
UBER	D	0.3%
INSP	D	0.29%
SITM	C	0.17%
TXG	F	0.15%
ZBRA	A	0.11%
WOLF	F	0.08%
ALGN	F	0.07%

IQM Underweight 27 Positions Relative to FMET

Symbol	Grade	Weight
GOOGL	B	-5.51%
MSFT	C	-4.47%
QCOM	B	-4.38%
META	D	-4.34%
ADBE	D	-3.78%
SNAP	B	-2.34%
EQIX	F	-2.33%
DLR	D	-2.31%
SMCI	D	-2.23%
PINS	A	-2.21%
EA	F	-1.99%
TTWO	D	-1.94%
RBLX	C	-1.8%
CRUS	A	-1.3%
GLOB	D	-1.24%
U	F	-1.08%
SYNA	D	-0.98%
GDS	D	-0.77%
AMBA	F	-0.72%
DAVA	F	-0.7%
WB	C	-0.64%
BMBL	F	-0.64%
EXPI	C	-0.62%
HIMX	F	-0.57%
PLTK	C	-0.57%
FSLY	F	-0.48%
TWKS	C	-0.44%