# Portfolio overlap — FDFF vs BCFN

Comparing **Fidelity Disruptive Finance ETF** (2026-02-28) and **Baron Financials ETF** (2026-03-31).

- Shared positions: 15
- Fidelity Disruptive Finance ETF covered by Baron Financials ETF: 0.2697998573635727054438247160
- Baron Financials ETF covered by Fidelity Disruptive Finance ETF: 0.2697998573635727054438247161

## Fidelity Disruptive Finance ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| BLACKROCK INC | 0.059321 | ✓ |
| CAPITAL ONE FINANCIAL CORP | 0.054972 | ✓ |
| DBS GROUP HLDGS | 0.051917 |  |
| BANKINTER | 0.047376 |  |
| FINECOBANK SPA | 0.042517 |  |
| MASTERCARD INC CL A | 0.042472 | ✓ |
| EQUIFAX INC | 0.042027 | ✓ |
| VISA INC-CLASS A | 0.041346 | ✓ |
| Fidelity Securities Lending Cash Central Fund | 0.040023 |  |
| TOAST INC-A | 0.036604 |  |
| APOLLO GLOBAL MANAGEMENT INC | 0.035343 | ✓ |
| ADYEN NV | 0.034309 |  |
| BLOCK INC CL A | 0.034176 | ✓ |
| CHIME FINANCIAL INC | 0.032496 |  |
| HISCOX LTD (NE HISCOX BERMUDA) | 0.032069 |  |
| INTERCONTINENTAL EXCHANGE INC | 0.031951 |  |
| LONDON STOCK EXCHANGE GRP PLC | 0.025318 |  |
| CBOE GLOBAL MARKETS INC | 0.023296 |  |
| WISE PLC - A | 0.021078 | ✓ |
| NU HOLDINGS LTD/CAYMAN ISLANDS | 0.020003 | ✓ |
| WEALTHFRONT CORP | 0.016040 |  |
| CORPAY INC | 0.015917 |  |
| TRADEWEB MARKETS INC A | 0.014819 | ✓ |
| ALLY FINANCIAL INC | 0.014126 |  |
| PATHWARD FINANCIAL INC | 0.013069 |  |
| VIRTU FINANCIAL INC- CL A | 0.012306 |  |
| BRP GROUP INC-A | 0.012084 | ✓ |
| BLUE OWL CAPITAL INC A | 0.012027 |  |
| DEFINITY FINANCI | 0.011408 |  |
| AFFIRM HOLDINGS INC | 0.011115 |  |
| UWM HOLDINGS CORP CL A | 0.010557 |  |
| MSCI INC | 0.010514 | ✓ |
| ARES MANAGEMENT CORP CL A | 0.009393 |  |
| PENNYMAC FINANCIAL SERVICES INC | 0.009205 |  |
| MARKETAXESS HLDGS INC | 0.008823 |  |
| VERISK ANALYTICS INC | 0.008432 | ✓ |
| MERCADOLIBRE INC | 0.007965 | ✓ |
| NEPTUNE INSURANCE HOLDINGS INC | 0.007676 | ✓ |
| AMERICAN HOMES-A | 0.007603 |  |
| BITMINE IMMERSION TECHNOLOGIES INC | 0.007387 |  |
| Fidelity Cash Central Fund | 0.006673 |  |
| STRATEGY INC CL A | 0.006620 |  |
| Etoro Group Ltd., Class A | 0.006453 |  |
| BILL HOLDINGS INC | 0.005628 |  |
| FIGURE TECHNOLOGY SOLUTIONS INC A | 0.002962 |  |
| BULLISH | 0.002584 |  |

## Baron Financials ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| MASTERCARD INC CL A | 0.056456 | ✓ |
| VISA INC-CLASS A | 0.055881 | ✓ |
| S&P GLOBAL INC | 0.055824 |  |
| SCHWAB CHARLES CORP | 0.044925 |  |
| LPL FINL HLDGS INC | 0.040913 |  |
| MERCADOLIBRE INC | 0.036856 | ✓ |
| INTERACTIVE BROKERS GROUP INC | 0.035908 |  |
| KKR & CO INC | 0.035769 |  |
| TRADEWEB MARKETS INC A | 0.035471 | ✓ |
| CME GROUP INC CL A | 0.035121 |  |
| MSCI INC | 0.034374 | ✓ |
| MOODYS CORP | 0.034123 |  |
| INTUIT INC | 0.033820 |  |
| NU HOLDINGS LTD/CAYMAN ISLANDS | 0.033280 | ✓ |
| MORGAN STANLEY | 0.032978 |  |
| APOLLO GLOBAL MANAGEMENT INC | 0.029590 | ✓ |
| BANK OF AMERICA CORPORATION | 0.026933 |  |
| VERISK ANALYTICS INC | 0.025388 | ✓ |
| HOULIHAN LOKEY I | 0.024416 |  |
| GUIDEWIRE SOFTWARE INC | 0.024161 |  |
| CAPITAL ONE FINANCIAL CORP | 0.024039 | ✓ |
| BLACKROCK INC | 0.023507 | ✓ |
| FAIR ISAAC CORP | 0.021581 |  |
| ARCH CAPITAL GROUP LTD | 0.021417 |  |
| WISE PLC - A | 0.018313 | ✓ |
| JACK HENRY | 0.017457 |  |
| SHOPIFY INC CL A | 0.016895 |  |
| PROGRESSIVE CORP OHIO | 0.015070 |  |
| PRIMERICA INC | 0.012753 |  |
| TRANSUNION | 0.011839 |  |
| ROBINHOOD MARKETS INC | 0.011781 |  |
| EQUIFAX INC | 0.010722 | ✓ |
| KINSALE CAPITAL GROUP INC | 0.009533 |  |
| BLOCK INC CL A | 0.008870 | ✓ |
| SERVICETITAN INC-A | 0.008362 |  |
| ROCKET COS INC-A | 0.007873 |  |
| TWFG INC (CLASS A) | 0.006641 |  |
| ALKAMI TECHNOLOGY INC | 0.004971 |  |
| BRP GROUP INC-A | 0.004766 | ✓ |
| NEPTUNE INSURANCE HOLDINGS INC | 0.004440 | ✓ |
| FACTSET RESEARCH SYSTEMS INC | 0.004430 |  |
| Accelerant Holdings, Class A | 0.002554 |  |


## Sources

- N-PORT (fund A) — accession `0000035402-26-002558` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/945908/000003540226002558/0000035402-26-002558-index.htm>
- N-PORT (fund B) — accession `0001410368-26-049916` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/2081199/000141036826049916/0001410368-26-049916-index.htm>

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_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

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