ADPV vs. FCPI ETF Comparison

Comparison of Adaptiv Select ETF (ADPV) to Fidelity Stocks for Inflation ETF (FCPI)

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.08

Average Daily Volume

6,571

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FCPI

Fidelity Stocks for Inflation ETF

FCPI Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Stocks for Inflation Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Stocks for Inflation Factor Index℠, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles and positive momentum signals, emphasizing industries that tend to outperform in inflationary environments.

Grade (RS Rating)

Last Trade

$45.80

Average Daily Volume

21,816

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	ADPV	FCPI
30 Days	12.84%	4.13%
60 Days	16.03%	6.78%
90 Days	16.61%	7.89%
12 Months	57.68%	38.46%

6 Overlapping Holdings

Symbol	Grade	Weight in ADPV	Weight in FCPI	Overlap
AM	A	2.76%	2.1%	2.1%
APP	B	6.12%	0.82%	0.82%
CRBG	B	3.28%	0.57%	0.57%
MTG	C	3.43%	0.52%	0.52%
T	A	4.74%	0.15%	0.15%
VST	A	3.39%	3.66%	3.39%

ADPV Overweight 19 Positions Relative to FCPI

Symbol	Grade	Weight
PLTR	B	7.92%
HOOD	B	5.75%
PPC	C	5.68%
HBAN	A	5.31%
VIRT	A	4.7%
AMCR	C	4.61%
KEY	B	4.53%
NU	C	4.23%
KMI	A	3.92%
MDU	D	3.65%
RF	A	3.54%
TOST	B	3.29%
CPNG	D	3.22%
OWL	A	3.14%
HIW	C	3.07%
VKTX	F	2.72%
GTES	A	2.29%
EXEL	B	1.94%
HAYW	B	1.84%

ADPV Underweight 95 Positions Relative to FCPI

Symbol	Grade	Weight
NVDA	B	-5.66%
AAPL	C	-4.98%
MSFT	D	-4.85%
TPL	A	-3.3%
STLD	B	-2.59%
CF	A	-2.51%
NRG	B	-2.45%
NUE	C	-2.27%
LLY	F	-2.18%
PG	C	-2.1%
AMZN	C	-2.0%
BRBR	A	-1.99%
SPG	A	-1.98%
MPC	D	-1.8%
HST	C	-1.76%
VLO	C	-1.74%
MO	A	-1.7%
VICI	C	-1.67%
GOOGL	C	-1.49%
ABBV	F	-1.47%
KMB	C	-1.42%
CL	D	-1.41%
COKE	C	-1.41%
AVGO	D	-1.37%
UTHR	C	-1.3%
CI	D	-1.23%
THC	D	-1.18%
MCK	A	-1.16%
V	A	-1.14%
HCA	F	-1.12%
UHS	D	-1.01%
META	D	-0.99%
MEDP	D	-0.98%
ELV	F	-0.97%
RPRX	D	-0.96%
REGN	F	-0.93%
PGR	A	-0.79%
COF	C	-0.74%
AMP	A	-0.74%
SYF	B	-0.71%
DFS	B	-0.71%
C	A	-0.7%
JXN	C	-0.66%
CAT	B	-0.65%
LDOS	C	-0.59%
RNR	C	-0.59%
FIX	A	-0.59%
EME	A	-0.59%
HIG	B	-0.58%
MLI	B	-0.57%
RGA	A	-0.54%
BKNG	A	-0.52%
IBM	C	-0.5%
CSL	C	-0.48%
QCOM	F	-0.46%
BCC	B	-0.44%
OC	A	-0.44%
PANW	B	-0.43%
CRWD	B	-0.41%
AMAT	F	-0.41%
MU	D	-0.37%
FICO	B	-0.37%
ANET	C	-0.37%
APH	A	-0.35%
ABNB	C	-0.32%
DOCU	B	-0.32%
EBAY	D	-0.32%
LRCX	F	-0.32%
TOL	B	-0.31%
ZM	C	-0.31%
DELL	B	-0.3%
NFLX	A	-0.3%
KLAC	F	-0.3%
ATKR	D	-0.3%
HRB	D	-0.29%
PHM	D	-0.29%
GDDY	A	-0.29%
ANF	F	-0.27%
GEN	B	-0.26%
GAP	C	-0.26%
NXPI	D	-0.26%
ACIW	B	-0.25%
WSM	C	-0.25%
DBX	B	-0.24%
NTAP	C	-0.23%
CVLT	B	-0.23%
QLYS	B	-0.22%
ONTO	F	-0.21%
SWKS	F	-0.18%
DIS	B	-0.17%
CRUS	D	-0.17%
VZ	C	-0.16%
CMCSA	B	-0.16%
TMUS	B	-0.13%
PINS	F	-0.04%