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Data as of .

FDCF vs THMZ: which is really different?

FDCF and THMZ hold 22% of their weight in the same names, and THMZ returned more over the year.

Fidelity Disruptive Communications ETF and Lazard Equity Megatrends ETF.

56.1%FDCF in the S&P 500
55.2%THMZ in the S&P 500
+1.5%FDCF total return, 1 year
+7.2%THMZ total return, 1 year

ETFIQ Off-Index Score: FDCF scores higher

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

FDCF 10.2THMZ 5.90.1, 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

FDCF44% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
56%44%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 80% · top ten 56% of the fund · 38 holdings filed May 31, 2026 · Nasdaq-100: 46% in56%44%in the S&P 500outsideactive share 80% · top ten 56% of the fund
THMZ45% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
55%45%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 73% · top ten 35% of the fund · 59 holdings filed Jun 30, 2026 · Nasdaq-100: 30% in55%45%in the S&P 500outsideactive share 73% · top ten 35% of the fund

22% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, FDCF and THMZ hold 22% of their money in the same securities at the same weight.

Positions FDCF and THMZ both hold, largest shared weight first
HoldingFDCFTHMZ
TAIWAN SEMICONDUCTOR MFG CO LTD10.85%6.22%
ALPHABET INC8.86%3.63%
AMAZON.COM INC5.42%3.58%
NVIDIA CORP5.61%2.83%
APPLE INC2.59%1.95%
TAKE-TWO INTERACTV SOFTWR INC1.70%1.46%
META PLATFORMS INC6.18%1.38%
MICROSOFT CORP1.09%2.84%
Only in each
Only in FDCFOnly in THMZ
ARISTA NETWORKS INC 5.58%Applied Materials Inc 5.68%
WARNER BROS DISCOVERY INC 3.88%Mitsubishi Electric Corp 2.79%
ROKU INC 3.87%Keysight Technologies Inc 2.66%
QUEBECOR INC 3.10%FANUC Corp 2.54%
SEA LTD 2.74%Siemens AG 2.42%
T-MOBILE US INC 2.66%Broadcom Inc 2.28%
TWILIO INC 2.62%Schneider Electric SE 2.03%
ECHOSTAR CORP 2.50%Amphenol Corp 1.98%

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 Jun 30, 2026 and May 31, 2026.

Performance, window by window

FDCF and THMZ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
FDCFTHMZFDCFTHMZFDCFTHMZ
3 months+1.6%+0.3%−0.7 pts−1.9 pts+4.1 pts+2.8 pts
6 months+17.5%+17.1%−0.5 pts−1.0 pts−6.7 pts−7.2 pts
1 year+1.5%+7.2%−15.1 pts−9.4 pts−20.3 pts−14.6 pts
3 years+100.6%not published+22.2 ptsnot published+2.5 ptsnot published
Since launch+101.0%+37.0%+17.6 pts−16.5 pts−2.9 pts−34.3 pts
Open the live comparison on ETFIQ
FDCF and THMZ on the same fields, as of Sep 18, 2026. Source: ETFIQ.
FDCF
Fidelity Disruptive Communications ETF
Holds 38 stocks in broad innovation and megatrends, 56% of its weight in S&P 500 companies
THMZ
Lazard Equity Megatrends ETF
Holds 59 stocks in broad innovation and megatrends, 55% of its weight in S&P 500 companies
IssuerFidelityLazard
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50056.1%55.2%
Active share vs the S&P 50079.8%73.1%
In the Nasdaq-10045.7%30.2%
Holdings3859
Top ten, share of the fund56.1%35.2%
Expense ratio0.50%0.50%
Fee for the differing part0.63%0.68%
Total return, 1 year+1.5%+7.2%
vs the S&P 500−15.1 pts−9.4 pts
vs the Nasdaq-100−20.3 pts−14.6 pts
Below its high−2.0%−3.5%
Net assets$101m$54m

FDCF in plain words

By weight, 56% of FDCF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 80%. The top ten holdings are 56% of the fund across 38 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +1.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 15.1 pts.

THMZ in plain words

By weight, 55% of THMZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 73%. The top ten holdings are 35% of the fund across 59 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +7.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 9.4 pts.

Questions people ask

Do FDCF and THMZ hold the same stocks?
By their latest filings, 22% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, FDCF or THMZ?
FDCF has 56% of its weight in S&P 500 names and THMZ has 55%, so FDCF differs more from the index.
Which is cheaper, FDCF or THMZ?
FDCF charges 0.50% a year and THMZ charges 0.50%, so FDCF 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.

FDCF against THMZ, 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, FDCF against THMZ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fdcf-vs-thmz Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources