# Portfolio overlap — FSLEX vs RBLD

Comparing **Fidelity Environment and Alternative Energy Fund** (2026-02-28) and **First Trust Alerian U.S. NextGen Infrastructure ETF** (2026-03-31).

- Shared positions: 25
- Fidelity Environment and Alternative Energy Fund covered by First Trust Alerian U.S. NextGen Infrastructure ETF: 0.2115659606301915113455154961
- First Trust Alerian U.S. NextGen Infrastructure ETF covered by Fidelity Environment and Alternative Energy Fund: 0.2115659606301915113455154961

## Fidelity Environment and Alternative Energy Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| TESLA INC | 0.083084 |  |
| MICROSOFT CORP | 0.069739 |  |
| CISCO SYSTEMS INC | 0.039374 |  |
| PROLOGIS INC REIT | 0.035639 |  |
| LINDE PLC | 0.034817 |  |
| NXP SEMICONDUCTORS NV | 0.034706 |  |
| EATON CORP PLC | 0.034526 | ✓ |
| NEXTERA ENERGY INC | 0.034152 | ✓ |
| SIEMENS ENERGY AG | 0.034010 |  |
| ANALOG DEVICES INC | 0.033688 |  |
| ARISTA NETWORKS INC | 0.033231 |  |
| INTL BUS MACH CORP | 0.030957 |  |
| TRANE TECHNOLOGIES PLC | 0.023343 | ✓ |
| CSX CORP | 0.022149 | ✓ |
| PENTAIR PLC | 0.021668 | ✓ |
| CUMMINS INC | 0.020756 | ✓ |
| REPUBLIC SVCS | 0.019519 |  |
| JOHNSON CONTROLS INTERNATIONAL PLC | 0.018841 | ✓ |
| KBR INC | 0.017114 |  |
| WESTINGHOUSE AIR BRAKE TECH CORP | 0.015443 | ✓ |
| ACUITY INC | 0.015000 |  |
| WILLSCOT MOBILE MINI HOLDINGS CORP | 0.014858 |  |
| Fidelity Cash Central Fund | 0.013441 |  |
| SEVERN TRENT | 0.013170 |  |
| PARKER HANNIFIN CORP | 0.011438 | ✓ |
| EMCOR GROUP INC | 0.011345 | ✓ |
| ENTERGY CORP | 0.011336 | ✓ |
| INGERSOLL RAND INC | 0.010950 | ✓ |
| 3M CO | 0.010637 | ✓ |
| ITT INC | 0.010533 | ✓ |
| EMERSON ELECTRIC CO | 0.010209 | ✓ |
| ATI INC | 0.009750 |  |
| COMFORT SYSTEMS USA INC | 0.009689 | ✓ |
| WATTS WATER TECH INC CL A | 0.009533 |  |
| FIRST SOLAR INC | 0.009531 |  |
| CORE & MAIN IN-A | 0.009452 |  |
| CARPENTER TECHNOLOGY CORP | 0.009374 |  |
| MONTROSE ENVIRONMENTAL GROUP INC | 0.008969 |  |
| WOODWARD INC | 0.008558 |  |
| COHERENT CORP | 0.008400 |  |
| CLEAN HARBORS INC | 0.008235 |  |
| TOPBUILD CORP | 0.008127 |  |
| VULCAN MATERIALS CO | 0.007462 | ✓ |
| GE VERNOVA LLC | 0.007217 | ✓ |
| BAKER HUGHES CO | 0.007040 | ✓ |
| EQUINIX INC | 0.006574 | ✓ |
| STEEL DYNAMICS INC | 0.006182 | ✓ |
| FORGENT POWER SOLUTIONS INC | 0.006048 |  |
| VISTRA CORP | 0.006036 | ✓ |
| ADVANCED DRAINAGE SYSTEMS INC | 0.005924 |  |

## First Trust Alerian U.S. NextGen Infrastructure ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| VERTIV HOLDINGS CO | 0.014540 |  |
| MASTEC INC | 0.013697 |  |
| CHENIERE ENERGY INC | 0.013477 |  |
| COMFORT SYSTEMS USA INC | 0.013234 | ✓ |
| TARGA RESOURCES CORP | 0.013228 |  |
| GE VERNOVA LLC | 0.012974 | ✓ |
| QUANTA SVCS INC | 0.012402 |  |
| EQUINIX INC | 0.011675 | ✓ |
| ONEOK INC | 0.011660 |  |
| ENTERGY CORP | 0.011497 | ✓ |
| KINDER MORGAN INC | 0.011471 |  |
| EDISON INTL | 0.011453 |  |
| BAKER HUGHES CO | 0.011345 | ✓ |
| HALLIBURTON CO | 0.011306 |  |
| WILLIAMS COS INC | 0.011104 |  |
| DIGITAL REALTY TRUST INC | 0.010998 |  |
| JOHNSON CONTROLS INTERNATIONAL PLC | 0.010976 | ✓ |
| EMCOR GROUP INC | 0.010974 | ✓ |
| NEXTERA ENERGY INC | 0.010902 | ✓ |
| CATERPILLAR INC | 0.010879 |  |
| CSX CORP | 0.010843 | ✓ |
| SLB LTD | 0.010790 |  |
| NVENT ELECTRIC PLC | 0.010740 |  |
| CENTERPOINT ENERGY INC | 0.010595 |  |
| FIRSTENERGY CORP | 0.010576 |  |
| AMERICAN ELECTRIC POWER CO INC | 0.010548 |  |
| CONSOLIDATED EDISON INC | 0.010539 |  |
| EXELON CORP | 0.010526 |  |
| DTE ENERGY CO | 0.010521 |  |
| WESTINGHOUSE AIR BRAKE TECH CORP | 0.010479 | ✓ |
| EVERGY INC | 0.010479 |  |
| NISOURCE INC | 0.010476 |  |
| RBC BEARINGS INC | 0.010451 |  |
| PG&E CORP | 0.010427 |  |
| DUKE ENERGY CORP NEW | 0.010414 |  |
| EATON CORP PLC | 0.010403 | ✓ |
| BLOOM ENERGY CORP CL A | 0.010376 | ✓ |
| CMS ENERGY CORP | 0.010362 |  |
| SOUTHERN CO | 0.010322 |  |
| ATMOS ENERGY CORP | 0.010309 |  |
| AMEREN CORP | 0.010300 |  |
| CLOUDFLARE INC-A | 0.010297 |  |
| SEMPRA ENERGY | 0.010296 |  |
| PPL CORPORATION | 0.010280 |  |
| HONEYWELL INTL INC | 0.010279 |  |
| TRANE TECHNOLOGIES PLC | 0.010276 | ✓ |
| WEC ENERGY GROUP INC | 0.010262 |  |
| ALLIANT ENERGY CORPORATION | 0.010214 |  |
| FREEPORT MCMORAN INC | 0.010114 |  |
| XCEL ENERGY INC | 0.010099 |  |


## Sources

- N-PORT (fund A) — accession `0000035402-26-002578` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/320351/000003540226002578/0000035402-26-002578-index.htm>
- N-PORT (fund B) — accession `0000940400-26-020538` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1364608/000094040026020538/0000940400-26-020538-index.htm>

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