FMNA vs. CEW ETF Comparison

Comparison of Fidelity Market Neutral Alternative ETF (FMNA) to iShares Equal Weight Banc & Lifeco ETF (CEW)

FMNA

Fidelity Market Neutral Alternative ETF

FMNA Description

Grade (RS Rating)

Last Trade

$10.15

Average Daily Volume

9,641

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

CEW

iShares Equal Weight Banc & Lifeco ETF

CEW Description

The investment seeks to provide investors with a diversified equal weighted investment in a portfolio consisting of common shares of the largest Canadian banks and life insurance companies.

Grade (RS Rating)

Last Trade

$20.78

Average Daily Volume

9,017

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	FMNA	CEW
30 Days	-2.12%	4.42%
60 Days	-1.36%	8.55%
90 Days	-2.59%	17.09%
12 Months		35.91%

0 Overlapping Holdings

	Symbol	Grade	Weight in FMNA	Weight in CEW	Overlap

FMNA Overweight 2 Positions Relative to CEW

	Symbol	Grade	Weight
	L	B	276.27%
	FTT	D	260.68%

FMNA Underweight 8 Positions Relative to CEW

	Symbol	Grade	Weight
	MFC	A	-10.2%
	BMO	A	-10.13%
	IAG	A	-10.08%
	NA	A	-10.02%
	SLF	A	-10.01%
	BNS	A	-9.97%
	GWO	A	-9.92%
	CM	A	-9.74%

FMNA: Top Represented Industries & Keywords

Industries: Grocery Stores Industrial Distribution

Keywords: Bank Banking Card Services Caterpillar Inc. Cement Construction Equipment Credit Credit Card Credit Card Services Drug Engines Equipment Rental Financial Financial Products Financial Services George Weston Limited Health Heavy Equipment Insurance Investment Trust

CEW: Top Represented Industries & Keywords

Industries: Banks - Global Insurance - Diversified Insurance - Life

Keywords: Financial Services Financial Insurance Asset Management Bank Banking Investment Banking S&P/Tsx 60 Index Wealth Management Health ING Group Reinsurance Retail Banking Products Capital Market Capital Markets Credit Economic History Of Italy Financial Products Government