ADME vs. FDMO ETF Comparison

Comparison of Aptus Drawdown Managed Equity ETF (ADME) to Fidelity Momentum Factor ETF (FDMO)

ADME

Aptus Drawdown Managed Equity ETF

ADME Description

The investment seeks capital appreciation with downside protection. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective principally by investing in a portfolio of typically 40 to 50 U.S.-listed equity securities, while limiting downside risk by purchasing exchange-listed put options on one or more broad-based indexes or ETFs that track the performance of the U.S. equity market. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in equity securities.

Grade (RS Rating)

Last Trade

$46.21

Average Daily Volume

20,631

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDMO

Fidelity Momentum Factor ETF

FDMO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.

Grade (RS Rating)

Last Trade

$66.49

Average Daily Volume

43,744

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

Performance

Period	ADME	FDMO
30 Days	3.19%	6.57%
60 Days	8.17%	13.20%
90 Days	3.51%	2.68%
12 Months	33.06%	44.97%

37 Overlapping Holdings

Symbol	Grade	Weight in ADME	Weight in FDMO	Overlap
ABBV	C	0.78%	1.34%	0.78%
AMAT	C	1.55%	1.43%	1.43%
AMGN	D	0.41%	0.96%	0.41%
AMZN	C	3.55%	3.6%	3.55%
AVGO	B	2.26%	2.64%	2.26%
BAC	B	0.89%	0.92%	0.89%
BRK.A	B	1.73%	2.0%	1.73%
C	B	0.57%	0.64%	0.57%
CAT	A	1.82%	0.78%	0.78%
COST	C	1.0%	0.97%	0.97%
CTAS	C	0.93%	0.51%	0.51%
DLR	C	0.63%	0.23%	0.23%
DUK	C	0.67%	0.33%	0.33%
ELV	F	0.93%	0.86%	0.86%
ETN	B	0.58%	0.64%	0.58%
FANG	D	0.75%	0.26%	0.26%
FCX	B	0.42%	0.28%	0.28%
ISRG	C	0.72%	1.04%	0.72%
JPM	C	1.75%	1.54%	1.54%
LIN	C	1.42%	0.56%	0.56%
LLY	D	1.44%	2.03%	1.44%
META	A	2.63%	2.62%	2.62%
MRK	F	0.78%	1.22%	0.78%
MSFT	D	6.45%	6.99%	6.45%
NEE	C	0.79%	0.49%	0.49%
NFLX	A	1.08%	0.82%	0.82%
NVDA	B	6.28%	6.59%	6.28%
PG	D	1.28%	1.0%	1.0%
PGR	B	1.68%	0.78%	0.78%
PSA	C	0.54%	0.25%	0.25%
SHW	C	0.45%	0.3%	0.3%
SO	A	1.07%	0.34%	0.34%
TJX	D	0.88%	0.69%	0.69%
TMUS	A	1.1%	0.44%	0.44%
V	B	1.66%	1.26%	1.26%
WMT	A	1.15%	0.92%	0.92%
XOM	A	1.87%	1.23%	1.23%

ADME Overweight 38 Positions Relative to FDMO

Symbol	Grade	Weight
AAPL	C	7.1%
GOOG	B	3.69%
LMT	A	1.86%
NOW	B	1.8%
SYK	C	1.72%
TSLA	C	1.49%
LOW	C	1.28%
TMO	D	1.27%
UNH	B	1.26%
PEP	F	1.22%
BLK	A	1.16%
ACN	B	1.14%
JNJ	D	1.1%
MCD	A	1.05%
CSX	D	1.03%
MAR	A	1.0%
INTU	F	0.97%
PLD	D	0.95%
FI	A	0.94%
ADI	B	0.93%
PHM	C	0.93%
MS	A	0.92%
MMC	D	0.91%
HON	C	0.86%
MSI	A	0.84%
ABT	C	0.8%
MDLZ	D	0.76%
ICE	A	0.74%
DE	C	0.63%
TYL	D	0.58%
MO	D	0.57%
VRTX	D	0.48%
ADBE	F	0.48%
EOG	B	0.47%
BR	B	0.41%
CMCSA	B	0.38%
ADP	A	0.31%
SLB	D	0.26%

ADME Underweight 85 Positions Relative to FDMO

Symbol	Grade	Weight
GOOGL	B	-3.59%
APP	A	-2.0%
CRWD	D	-1.5%
ANET	A	-1.45%
MU	D	-1.32%
KLAC	B	-1.31%
APH	D	-1.29%
GDDY	B	-1.26%
HD	A	-1.25%
DELL	C	-1.23%
BSX	A	-0.98%
REGN	D	-0.85%
NTRA	A	-0.85%
WFC	B	-0.78%
GE	B	-0.77%
KO	C	-0.76%
THC	D	-0.76%
AXP	A	-0.74%
BKNG	B	-0.73%
UBER	C	-0.72%
GS	B	-0.71%
RTX	A	-0.69%
CB	A	-0.68%
MCK	F	-0.65%
KKR	A	-0.62%
VZ	C	-0.6%
CMG	C	-0.6%
PM	D	-0.59%
TT	A	-0.58%
HLT	A	-0.58%
T	B	-0.55%
CVNA	A	-0.55%
ALL	A	-0.55%
TDG	A	-0.55%
VRT	B	-0.53%
HIG	A	-0.52%
WING	C	-0.51%
GD	C	-0.5%
WM	B	-0.5%
DECK	B	-0.49%
HOOD	B	-0.49%
WSM	C	-0.48%
WAB	A	-0.47%
JXN	A	-0.46%
LDOS	A	-0.45%
FIX	A	-0.45%
EME	B	-0.45%
RSG	D	-0.44%
CSL	A	-0.43%
ANF	D	-0.42%
COIN	F	-0.39%
CL	D	-0.39%
CEG	A	-0.38%
OKE	A	-0.35%
WMB	A	-0.34%
AMT	D	-0.33%
MPC	D	-0.32%
VST	A	-0.32%
TRGP	A	-0.31%
PSX	D	-0.31%
EQIX	C	-0.29%
WELL	C	-0.28%
SFM	A	-0.27%
PEG	A	-0.26%
FRPT	A	-0.26%
ECL	C	-0.25%
CASY	D	-0.25%
AEP	C	-0.25%
SPG	A	-0.24%
NRG	A	-0.23%
FTI	B	-0.23%
EXR	D	-0.21%
IRM	B	-0.2%
AVB	C	-0.19%
IFF	D	-0.18%
WFRD	F	-0.18%
PKG	B	-0.17%
MLM	F	-0.17%
ELF	F	-0.16%
AVY	D	-0.16%
LAMR	C	-0.16%
STLD	C	-0.16%
ESS	D	-0.16%
CRS	B	-0.15%
SLG	C	-0.14%