WISE vs. FHEQ ETF Comparison

Comparison of Themes Generative Artificial Intelligence ETF (WISE) to Fidelity Hedged Equity ETF (FHEQ)

WISE

Themes Generative Artificial Intelligence ETF

WISE Description

The index is designed to provide exposure to companies that have business operations in AI related industries. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.64

Average Daily Volume

2,418

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.23

Average Daily Volume

20,635

Number of Holdings ^*

157

* may have additional holdings in another (foreign) market

Performance

Period	WISE	FHEQ
30 Days	1.09%	0.61%
60 Days	15.84%	5.93%
90 Days	19.22%	7.96%
12 Months

12 Overlapping Holdings

Symbol	Grade	Weight in WISE	Weight in FHEQ	Overlap
AAPL	C	2.57%	7.51%	2.57%
AMD	F	4.76%	0.01%	0.01%
AMZN	A	4.58%	3.01%	3.01%
ANET	B	2.6%	0.67%	0.67%
AVGO	B	3.53%	1.75%	1.75%
CRM	B	3.04%	1.1%	1.1%
GOOGL	B	4.06%	1.93%	1.93%
META	B	1.46%	3.02%	1.46%
MSFT	D	4.16%	5.86%	4.16%
NVDA	B	5.11%	7.47%	5.11%
ORCL	B	3.84%	0.04%	0.04%
TSLA	B	0.94%	0.93%	0.93%

WISE Overweight 24 Positions Relative to FHEQ

Symbol	Grade	Weight
INTC	C	4.6%
SOUN	C	4.32%
PATH	D	4.05%
GDYN	B	3.79%
AI	C	3.74%
QUIK	F	3.51%
VERI	D	3.29%
BBAI	C	3.11%
BIDU	D	2.72%
AMBA	C	2.68%
SNOW	C	2.59%
PLTR	A	2.22%
CEVA	D	2.09%
EXLS	A	1.62%
IBM	D	1.37%
ZETA	C	1.1%
SNPS	C	1.0%
LSCC	D	0.99%
S	C	0.75%
BABA	B	0.67%
FICO	B	0.51%
TIXT	C	0.36%
CRVL	C	0.21%
ACN	C	0.12%

WISE Underweight 145 Positions Relative to FHEQ

Symbol	Grade	Weight
BRK.A	D	-2.04%
GOOG	B	-1.88%
JPM	B	-1.67%
XOM	B	-1.54%
MA	B	-1.32%
HD	B	-1.3%
NFLX	A	-1.16%
ABBV	B	-1.14%
BAC	B	-1.08%
LLY	F	-0.94%
PM	A	-0.93%
ADBE	D	-0.92%
QCOM	F	-0.87%
PG	D	-0.86%
CAT	B	-0.85%
CMCSA	B	-0.82%
WMT	A	-0.79%
SPGI	D	-0.78%
CSCO	A	-0.78%
AMAT	D	-0.77%
GILD	A	-0.76%
TMO	D	-0.73%
LMT	D	-0.73%
BMY	A	-0.72%
MRK	F	-0.72%
UNP	D	-0.72%
TJX	D	-0.7%
TT	B	-0.66%
CTAS	B	-0.65%
PFE	D	-0.65%
T	B	-0.64%
JNJ	D	-0.64%
ECL	D	-0.62%
BDX	D	-0.62%
CI	D	-0.62%
NEE	D	-0.62%
PGR	C	-0.61%
CL	D	-0.59%
NOC	D	-0.59%
MSCI	B	-0.57%
CMG	D	-0.56%
UNH	D	-0.55%
CSX	D	-0.55%
KLAC	F	-0.55%
MMC	C	-0.55%
DBX	B	-0.54%
VZ	D	-0.54%
CVNA	B	-0.54%
SEIC	A	-0.53%
PYPL	B	-0.53%
SQ	C	-0.53%
CACI	A	-0.53%
ZM	A	-0.53%
TRV	B	-0.52%
SCHW	B	-0.5%
IGT	F	-0.5%
C	B	-0.49%
MU	C	-0.48%
RTX	C	-0.47%
TXT	D	-0.47%
GE	D	-0.46%
ETN	B	-0.45%
COST	C	-0.44%
DVN	F	-0.44%
DIS	C	-0.41%
ALLE	D	-0.41%
V	A	-0.41%
EXEL	A	-0.4%
PCAR	B	-0.4%
AXP	B	-0.4%
CAH	C	-0.39%
TDC	D	-0.38%
CME	B	-0.37%
WM	B	-0.36%
PPG	F	-0.35%
LDOS	A	-0.34%
BK	A	-0.34%
ANF	F	-0.34%
MEDP	F	-0.33%
NUE	F	-0.31%
WTW	A	-0.29%
AMGN	D	-0.28%
UBER	C	-0.28%
BIIB	F	-0.25%
NSC	B	-0.25%
EOG	F	-0.25%
GRMN	A	-0.24%
SKYW	A	-0.24%
HWM	B	-0.24%
XEL	B	-0.23%
MPWR	F	-0.23%
MSI	B	-0.23%
INCY	A	-0.23%
MMM	D	-0.22%
CVS	F	-0.22%
PEGA	A	-0.2%
NBIX	D	-0.2%
CLX	C	-0.19%
PSA	D	-0.19%
GL	C	-0.19%
GEHC	D	-0.18%
GAP	C	-0.18%
ALRM	D	-0.18%
CNC	D	-0.17%
HLT	B	-0.17%
DOCU	A	-0.17%
LNW	D	-0.17%
FTI	B	-0.16%
WDAY	D	-0.15%
SPG	A	-0.15%
ADP	A	-0.15%
SOLV	B	-0.14%
MS	A	-0.14%
QRVO	F	-0.14%
TPH	D	-0.14%
F	F	-0.14%
FTNT	C	-0.12%
VEEV	C	-0.12%
GEN	B	-0.12%
DASH	B	-0.11%
KR	A	-0.11%
CINF	B	-0.11%
UTHR	A	-0.1%
ROST	D	-0.1%
VST	C	-0.09%
PLTK	B	-0.09%
MDLZ	F	-0.08%
UHS	D	-0.08%
L	D	-0.07%
CRUS	F	-0.07%
TMUS	B	-0.07%
BBWI	D	-0.07%
IFF	D	-0.06%
ALL	D	-0.06%
CCL	B	-0.05%
STLD	B	-0.05%
SCCO	B	-0.05%
LYFT	C	-0.05%
OGE	A	-0.04%
AMT	D	-0.04%
KO	D	-0.03%
MGM	D	-0.03%
CVX	B	-0.02%
MHO	D	-0.02%
NWL	B	-0.01%