AIEQ vs. FDIS ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to Fidelity MSCI Consumer Discretionary Index ETF (FDIS)

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-adviser, is a technology based company focused on applying artificial intelligence (AI) based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.45

Average Daily Volume

7,001

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

FDIS

Fidelity MSCI Consumer Discretionary Index ETF

FDIS Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Consumer Discretionary Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Consumer Discretionary Index, which represents the performance of the consumer discretionary sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Consumer Discretionary Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$88.73

Average Daily Volume

133,650

Number of Holdings ^*

263

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	FDIS
30 Days	3.11%	8.57%
60 Days	4.02%	7.69%
90 Days	3.28%	9.74%
12 Months	26.40%	28.68%

17 Overlapping Holdings

Symbol	Grade	Weight in AIEQ	Weight in FDIS	Overlap
BBWI	D	0.26%	0.13%	0.13%
BC	C	0.11%	0.13%	0.11%
BLD	C	0.52%	0.25%	0.25%
DECK	C	1.04%	0.46%	0.46%
DPZ	D	0.41%	0.28%	0.28%
EBAY	B	0.64%	0.62%	0.62%
GRMN	D	0.26%	0.5%	0.26%
IBP	C	0.33%	0.13%	0.13%
M	F	0.16%	0.1%	0.1%
MOD	C	0.49%	0.14%	0.14%
OLLI	C	0.56%	0.15%	0.15%
PII	D	0.39%	0.11%	0.11%
PVH	D	0.42%	0.12%	0.12%
TJX	C	1.82%	2.42%	1.82%
TXRH	B	0.07%	0.22%	0.07%
W	C	0.69%	0.1%	0.1%
WYNN	C	0.45%	0.17%	0.17%

AIEQ Overweight 119 Positions Relative to FDIS

Symbol	Grade	Weight
BAC	D	4.15%
PG	C	3.89%
CMCSA	C	3.84%
C	C	3.75%
SPGI	C	3.72%
SCHW	D	3.69%
JPM	D	3.65%
NOW	C	3.32%
V	C	3.3%
NFLX	B	2.51%
NEE	B	2.4%
EOG	D	2.37%
URI	B	1.72%
AME	C	1.58%
TTD	B	1.43%
TT	B	1.24%
FIS	C	1.15%
APP	C	1.11%
ALL	C	1.1%
XYL	C	1.03%
HSY	D	1.01%
ITW	B	0.98%
RJF	C	0.92%
MCO	C	0.89%
MNST	D	0.89%
CME	B	0.83%
PCG	C	0.82%
FMC	B	0.82%
DVA	B	0.82%
MCK	F	0.8%
APD	B	0.8%
EG	B	0.8%
PCAR	D	0.8%
LRCX	D	0.78%
HAL	F	0.75%
COP	F	0.74%
PKG	B	0.74%
WAT	B	0.74%
NDAQ	C	0.73%
ADM	D	0.7%
HRL	F	0.65%
CHTR	D	0.63%
EQT	C	0.6%
OKE	C	0.59%
OKTA	F	0.57%
MAS	B	0.57%
PSTG	F	0.55%
TFX	B	0.55%
SQ	D	0.54%
CHK	C	0.52%
SYY	C	0.5%
HPE	C	0.47%
BKR	C	0.45%
ALB	D	0.44%
VST	B	0.43%
AMP	B	0.43%
ALNY	C	0.42%
DOX	C	0.42%
WMG	D	0.42%
TDG	B	0.42%
SPG	B	0.41%
INSP	D	0.41%
XRAY	D	0.41%
RS	D	0.4%
BDX	D	0.4%
TRMB	C	0.39%
SOFI	D	0.38%
GTLS	F	0.38%
ITRI	C	0.35%
TECH	C	0.33%
OSK	F	0.32%
ACHC	D	0.32%
EXP	B	0.32%
NDSN	C	0.32%
MEDP	F	0.3%
SON	D	0.3%
TPL	C	0.3%
BIO	C	0.28%
IRM	C	0.28%
LANC	F	0.27%
WMS	D	0.27%
LNT	A	0.27%
LAMR	B	0.27%
NVST	D	0.27%
PARA	D	0.26%
JAZZ	D	0.25%
MTDR	F	0.24%
CHE	C	0.24%
FLS	C	0.23%
MSM	D	0.23%
UBSI	D	0.23%
EXAS	D	0.23%
RYAN	C	0.22%
FDS	C	0.19%
BCC	C	0.18%
LNC	C	0.18%
BRX	C	0.17%
SEE	C	0.17%
TENB	F	0.16%
TKR	C	0.14%
CMI	B	0.13%
LSTR	D	0.13%
SEIC	B	0.13%
MORN	C	0.12%
FUL	D	0.11%
WU	C	0.11%
CADE	C	0.1%
MAN	C	0.1%
NTRS	C	0.09%
FLO	C	0.09%
R	C	0.09%
SUM	D	0.09%
HOOD	C	0.09%
ITT	B	0.08%
CWST	D	0.08%
NFG	B	0.04%
COOP	C	0.04%
NXST	D	0.01%
SWX	C	0.0%

AIEQ Underweight 246 Positions Relative to FDIS

Symbol	Grade	Weight
AMZN	C	-22.38%
TSLA	C	-11.47%
HD	B	-6.69%
MCD	B	-3.8%
LOW	B	-2.61%
BKNG	B	-2.42%
SBUX	C	-1.96%
NKE	D	-1.74%
MELI	C	-1.73%
CMG	D	-1.43%
ORLY	B	-1.21%
DHI	C	-1.06%
MAR	B	-1.04%
HLT	B	-1.0%
GM	C	-0.98%
AZO	B	-0.97%
ABNB	D	-0.94%
ROST	C	-0.94%
LEN	B	-0.84%
RCL	B	-0.77%
F	F	-0.77%
YUM	B	-0.7%
DASH	B	-0.69%
NVR	B	-0.57%
PHM	B	-0.57%
TSCO	B	-0.57%
LULU	D	-0.56%
BBY	A	-0.38%
APTV	D	-0.37%
GPC	D	-0.37%
DRI	C	-0.37%
WSM	C	-0.36%
ULTA	D	-0.36%
EXPE	C	-0.35%
BURL	C	-0.35%
CCL	C	-0.35%
CVNA	B	-0.33%
DKNG	C	-0.32%
TOL	A	-0.31%
LVS	C	-0.29%
POOL	C	-0.27%
DKS	D	-0.26%
WING	C	-0.25%
KMX	D	-0.25%
FND	C	-0.24%
SCI	C	-0.24%
MUSA	D	-0.23%
LKQ	F	-0.22%
ARMK	B	-0.21%
TPR	A	-0.21%
RIVN	F	-0.21%
LNW	F	-0.21%
CHDN	D	-0.2%
HRB	C	-0.2%
HAS	B	-0.2%
NCLH	B	-0.19%
TPX	B	-0.19%
MHK	B	-0.19%
MGM	D	-0.19%
SKX	C	-0.19%
CZR	C	-0.18%
TMHC	B	-0.17%
PLNT	C	-0.17%
LAD	B	-0.17%
DUOL	C	-0.17%
BFAM	C	-0.17%
CROX	C	-0.17%
ANF	D	-0.16%
BWA	C	-0.16%
RL	B	-0.16%
MTH	C	-0.16%
H	B	-0.15%
WH	B	-0.15%
MTN	D	-0.15%
MAT	D	-0.15%
VFC	B	-0.15%
ALV	F	-0.15%
KBH	C	-0.15%
ETSY	D	-0.14%
CHWY	D	-0.14%
GNTX	D	-0.14%
BOOT	B	-0.13%
SKY	B	-0.13%
LEA	D	-0.13%
GME	D	-0.13%
WHR	C	-0.13%
BROS	D	-0.12%
VVV	D	-0.12%
FIVE	D	-0.12%
HOG	C	-0.12%
MHO	B	-0.12%
THO	C	-0.12%
RH	C	-0.12%
GPI	B	-0.12%
SGBX	F	-0.11%
LOPE	D	-0.11%
FTDR	B	-0.11%
GAP	F	-0.11%
AN	C	-0.11%
TPH	C	-0.11%
BYD	C	-0.11%
ASO	D	-0.11%
CPRI	D	-0.11%
LRN	B	-0.1%
SHAK	C	-0.1%
ABG	D	-0.1%
KTB	B	-0.1%
SIG	C	-0.1%
LCID	C	-0.1%
CHH	B	-0.1%
HBI	A	-0.09%
WEN	C	-0.09%
NWL	C	-0.09%
LCII	C	-0.09%
PAG	D	-0.09%
PENN	D	-0.09%
GRBK	B	-0.09%
ATGE	C	-0.09%
PATK	C	-0.09%
AEO	D	-0.09%
CCS	C	-0.09%
SHOO	B	-0.09%
YETI	D	-0.09%
CVCO	B	-0.09%
DORM	C	-0.09%
EAT	C	-0.09%
VSTO	C	-0.08%
FL	F	-0.08%
CRI	D	-0.08%
GHC	B	-0.08%
RRR	D	-0.08%
LGIH	D	-0.08%
TNL	C	-0.08%
COLM	C	-0.08%
LEG	D	-0.07%
VSCO	C	-0.07%
VAC	D	-0.07%
URBN	F	-0.07%
ADTN	C	-0.07%
QS	F	-0.07%
VC	F	-0.07%
GOLF	F	-0.07%
LZB	C	-0.07%
LAUR	C	-0.07%
LTH	C	-0.07%
PHIN	C	-0.07%
JWN	C	-0.07%
PTON	C	-0.07%
HGV	F	-0.07%
BZH	B	-0.06%
ADNT	D	-0.06%
FOXF	F	-0.06%
XPEL	D	-0.06%
THRM	F	-0.06%
OSW	C	-0.06%
WGO	D	-0.06%
WWW	A	-0.06%
HOV	D	-0.06%
GIII	D	-0.06%
GT	F	-0.06%
KSS	D	-0.06%
LEVI	C	-0.06%
BKE	B	-0.06%
AAP	F	-0.06%
PZZA	D	-0.06%
STRA	F	-0.06%
SBH	B	-0.06%
UAA	C	-0.06%
CAKE	B	-0.06%
EVRI	B	-0.06%
FLUT	C	-0.05%
DAN	D	-0.05%
SAH	D	-0.05%
CHUY	C	-0.05%
GDEN	D	-0.05%
ETH	D	-0.05%
SMP	D	-0.05%
BLMN	F	-0.05%
CAL	F	-0.05%
DDS	D	-0.05%
OXM	F	-0.05%
COUR	D	-0.05%
MODG	F	-0.05%
VZIO	B	-0.05%
HZO	C	-0.05%
MBUU	D	-0.05%
PTLO	C	-0.05%
UTI	D	-0.05%
SONO	F	-0.05%
WRBY	C	-0.05%
WOR	F	-0.05%
WINA	C	-0.05%
DNUT	F	-0.05%
SCVL	C	-0.05%
RVLV	C	-0.05%
SABR	C	-0.05%
MCRI	B	-0.05%
CWH	C	-0.05%
DFH	C	-0.05%
UA	C	-0.05%
EYE	F	-0.04%
SWBI	F	-0.04%
AXL	F	-0.04%
UDMY	F	-0.04%
PLAY	D	-0.04%
BJRI	D	-0.04%
GTX	D	-0.04%
MCW	F	-0.04%
PRDO	D	-0.04%
JACK	F	-0.04%
PLYA	D	-0.04%
ACEL	C	-0.04%
CBRL	D	-0.04%
ODP	F	-0.04%
HELE	D	-0.04%
FIGS	C	-0.04%
RGR	F	-0.04%
MNRO	C	-0.04%
TH	F	-0.03%
LIND	D	-0.03%
RICK	F	-0.03%
LESL	F	-0.03%
ARKO	C	-0.03%
BALY	C	-0.03%
KRUS	D	-0.03%
WOOF	C	-0.03%
DIN	D	-0.03%
ARHS	F	-0.03%
GES	F	-0.03%
FWRG	F	-0.03%
FLWS	F	-0.02%
EWCZ	F	-0.02%
DBI	F	-0.02%
LAZR	F	-0.02%
CRCT	C	-0.02%
GRPN	F	-0.02%
CRMT	F	-0.02%
LEGH	C	-0.02%
MOV	F	-0.02%
XPOF	F	-0.02%
DENN	D	-0.02%
BOWL	D	-0.02%
SRI	F	-0.02%
HVT	F	-0.02%
RSI	C	-0.0%
AMRK	C	-0.0%