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Data as of .

BULD vs FMED: which is really different?

BULD and FMED hold 0% of their weight in the same names, and BULD returned more over the year.

Pacer BlueStar Engineering the Future ETF and Fidelity Disruptive Medicine ETF.

35.8%BULD in the S&P 500
25.4%FMED in the S&P 500
+37.2%BULD total return, 1 year
+28.3%FMED total return, 1 year

ETFIQ Off-Index Score: BULD scores higher

How much of it is not the index it is sold as an alternative to?

BULD 41FMED 40.10.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

BULD64% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
36%64%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 97% · top ten 63% of the fund · 55 holdings filed Apr 30, 2026 · Nasdaq-100: 37% in36%64%inoutside the S&P 500active share 97% · top ten 63% of the fund
FMED75% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
25%75%in the S&P 500of its weight outside the S&P 500active share 97% · top ten 32% of the fund · 68 holdings filed May 31, 2026 · Nasdaq-100: 9% in25%75%inoutside the S&P 500active share 97% · top ten 32% of the fund

0% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, BULD and FMED hold 0% of their money in the same securities at the same weight.

Only in each
Only in BULDOnly in FMED
ASML Holding NV 8.91%UCB SA 4.75%
Proto Labs Inc 8.59%LIFESTANCE HEALTH GROUP INC 4.29%
Lam Research Corp 8.44%DANAHER CORP 3.43%
Applied Materials Inc 8.29%10X GENOMICS INC 3.12%
Stratasys Ltd 5.79%INTUITIVE SURGICAL INC 2.93%
KLA Corp 5.53%COGENT BIOSCIENCES INC 2.86%
Autodesk Inc 5.49%ALNYLAM PHARMACEUTICALS INC 2.80%
3D Systems Corp 4.82%ARGENX SE 2.79%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.

Performance, window by window

BULD and FMED over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
BULDFMEDBULDFMEDBULDFMED
3 months−7.2%+21.3%−9.5 pts+19.0 pts−4.8 pts+23.7 pts
6 months+26.1%+32.3%+8.1 pts+14.3 pts+1.9 pts+8.0 pts
1 year+37.2%+28.3%+20.6 pts+11.7 pts+15.4 pts+6.5 pts
3 years+84.5%+39.6%+6.1 pts−38.8 pts−13.7 pts−58.5 pts
Since launch+75.7%+25.8%−19.8 pts−57.6 pts−60.9 pts−78.1 pts
Open the live comparison on ETFIQ
BULD and FMED on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BULD
Pacer BlueStar Engineering the Future ETF
Holds 55 stocks in broad innovation and megatrends, 36% of its weight in S&P 500 companies
FMED
Fidelity Disruptive Medicine ETF
Holds 68 stocks in broad innovation and megatrends, 25% of its weight in S&P 500 companies
IssuerPacerFidelity
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50035.8%25.4%
Active share vs the S&P 50097.2%97.1%
In the Nasdaq-10036.7%8.7%
Holdings5568
Top ten, share of the fund62.9%31.5%
Expense ratio0.49%0.50%
Fee for the differing part0.50%0.51%
Total return, 1 year+37.2%+28.3%
vs the S&P 500+20.6 pts+11.7 pts
vs the Nasdaq-100+15.4 pts+6.5 pts
Below its high−10.4%−3.8%
Net assets$5m$52m

BULD in plain words

By weight, 36% of BULD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 63% of the fund across 55 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +37.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 20.6 pts. It sits 10.4% below its all-time high of Jun 30, 2026.

FMED in plain words

By weight, 25% of FMED's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 32% of the fund across 68 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +28.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 11.7 pts.

Questions people ask

Do BULD and FMED hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BULD or FMED?
BULD has 36% of its weight in S&P 500 names and FMED has 25%, so BULD differs more from the index.
Which is cheaper, BULD or FMED?
BULD charges 0.49% a year and FMED charges 0.50%, so BULD is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

BULD against FMED, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BULD against FMED, data as of Sep 18, 2026. https://etfiq.com/compare/themes/buld-vs-fmed Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources