BIBL vs. FBUF ETF Comparison

Comparison of Inspire 100 ETF (BIBL) to Fidelity Dynamic Buffered Equity ETF (FBUF)

BIBL

Inspire 100 ETF

BIBL Description

The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Inspire 100 Index. The fund generally invests at least 80% of its total assets in the component securities of the Inspire 100 Index. The index provider selects domestic large capitalization equity securities using the index provider's Inspire Impact Score®, a proprietary selection methodology that is designed to assign a score to a particular security based on the security's alignment with biblical values and the positive impact that company has on the world through various environmental, social and governance criterion.

Grade (RS Rating)

Last Trade

$42.03

Average Daily Volume

49,409

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

FBUF

Fidelity Dynamic Buffered Equity ETF

FBUF Description

FBUF seeks capital appreciation by investing in a large-cap equity portfolio of US and foreign stocks while utilizing a defensive options collar strategy. The fund aims to outperform the S&P 500 by picking stocks using a computer-aided, quantitative analysis of historical valuation, growth, and profitability, among other factors. The proprietary process seeks to find the optimal portfolio holdings, overweight stocks with positive characteristics, and manage benchmark relative risks. For the options strategy, the fund typically buys out-of-the-money put options on the S&P 500 Index and simultaneously sells out-of-the-money S&P 500 Index call options. Premium earned from writing calls is intended to offset the cost of buying puts, but this essentially caps the upside returns of the equity portfolio. For a continuous downside hedge, the adviser selects put options through a laddered approach that rolls monthly. The adviser diversifies the written call positions, which are rolled weekly, with different strike prices and expiration dates.

Grade (RS Rating)

Last Trade

$27.53

Average Daily Volume

5,177

Number of Holdings ^*

155

* may have additional holdings in another (foreign) market

Performance

Period	BIBL	FBUF
30 Days	3.98%	3.10%
60 Days	4.18%	4.70%
90 Days	5.84%	6.08%
12 Months	31.39%

16 Overlapping Holdings

Symbol	Grade	Weight in BIBL	Weight in FBUF	Overlap
ANET	C	3.23%	0.06%	0.06%
CAT	B	4.59%	0.53%	0.53%
CTAS	B	2.28%	0.65%	0.65%
DVN	F	0.65%	0.52%	0.52%
FTNT	C	1.81%	0.2%	0.2%
GEN	B	0.47%	0.13%	0.13%
IDXX	F	0.92%	0.15%	0.15%
INCY	C	0.35%	0.34%	0.34%
KLAC	D	2.21%	0.61%	0.61%
MSCI	C	1.13%	0.26%	0.26%
NUE	C	0.91%	0.36%	0.36%
PCAR	B	1.54%	0.37%	0.37%
PGR	A	4.02%	0.67%	0.67%
RSG	A	1.72%	0.23%	0.23%
SPG	B	1.52%	0.44%	0.44%
VEEV	C	0.93%	0.04%	0.04%

BIBL Overweight 84 Positions Relative to FBUF

Symbol	Grade	Weight
ISRG	A	5.06%
PLD	D	2.8%
PH	A	2.32%
APH	A	2.29%
SNPS	B	2.27%
WELL	A	2.14%
IBKR	A	2.01%
EMR	A	1.84%
SLB	C	1.64%
KMI	A	1.61%
DLR	B	1.59%
ROP	B	1.55%
FCX	D	1.49%
FICO	B	1.48%
FANG	D	1.47%
URI	B	1.41%
PAYX	C	1.33%
NEM	D	1.28%
ODFL	B	1.25%
TRGP	B	1.22%
VRSK	A	1.05%
IQV	D	0.97%
RMD	C	0.92%
MCHP	D	0.92%
EXR	D	0.92%
FCNCA	A	0.91%
CSGP	D	0.86%
ETR	B	0.81%
ANSS	B	0.79%
ON	D	0.78%
EQR	B	0.76%
KEYS	A	0.74%
DOV	A	0.71%
MPWR	F	0.7%
VTR	C	0.67%
NTAP	C	0.66%
TYL	B	0.66%
MTD	D	0.64%
EME	C	0.62%
WST	C	0.62%
ATO	A	0.59%
WSO	A	0.57%
STLD	B	0.55%
INVH	D	0.55%
BLDR	D	0.54%
STE	F	0.54%
CMS	C	0.52%
CSL	C	0.51%
CNP	B	0.51%
ARE	D	0.5%
L	A	0.49%
FSLR	F	0.49%
NTNX	A	0.48%
SMCI	F	0.48%
JBHT	C	0.48%
MOH	F	0.46%
TER	D	0.45%
TRMB	B	0.44%
GPC	D	0.44%
SUI	D	0.44%
ENTG	D	0.42%
MANH	D	0.42%
UDR	B	0.39%
EVRG	A	0.38%
NDSN	B	0.37%
ELS	C	0.36%
EPAM	C	0.36%
SFM	A	0.36%
AGR	B	0.36%
JBL	B	0.35%
SWKS	F	0.35%
CAG	D	0.34%
HST	C	0.34%
OKTA	C	0.34%
WPC	D	0.33%
EVR	B	0.31%
ALB	C	0.31%
LW	C	0.29%
WAL	B	0.27%
AOS	F	0.26%
UWMC	D	0.25%
ENPH	F	0.24%
TMHC	B	0.19%
LSCC	D	0.19%

BIBL Underweight 139 Positions Relative to FBUF

Symbol	Grade	Weight
NVDA	C	-7.37%
AAPL	C	-7.34%
MSFT	F	-5.66%
AMZN	C	-3.84%
META	D	-2.89%
BRK.A	B	-2.2%
GOOGL	C	-2.04%
JPM	A	-1.93%
GOOG	C	-1.89%
AVGO	D	-1.62%
XOM	B	-1.56%
MA	C	-1.36%
HD	A	-1.32%
NFLX	A	-1.28%
TSLA	B	-1.27%
BAC	A	-1.18%
CRM	B	-1.16%
MRK	F	-0.96%
PM	B	-0.94%
ADBE	C	-0.94%
ABBV	D	-0.91%
QCOM	F	-0.85%
CMCSA	B	-0.84%
WMT	A	-0.82%
NEE	D	-0.82%
CSCO	B	-0.8%
PG	A	-0.8%
SCHW	B	-0.79%
LLY	F	-0.76%
UNP	C	-0.75%
BMY	B	-0.74%
GILD	C	-0.74%
JNJ	D	-0.73%
PYPL	B	-0.72%
TJX	A	-0.72%
C	A	-0.72%
T	A	-0.71%
LMT	D	-0.71%
TT	A	-0.68%
AMAT	F	-0.67%
V	A	-0.65%
DIS	B	-0.65%
ECL	D	-0.63%
CI	F	-0.63%
ABT	B	-0.63%
SQ	B	-0.6%
NOC	D	-0.6%
BDX	F	-0.58%
UNH	C	-0.57%
CL	D	-0.55%
SEIC	B	-0.54%
MMC	B	-0.53%
ZM	B	-0.53%
DBX	B	-0.52%
ZBRA	B	-0.52%
CVNA	B	-0.52%
MU	D	-0.5%
NOW	A	-0.5%
TXT	D	-0.5%
CSX	B	-0.49%
GE	D	-0.48%
EOG	A	-0.48%
CMG	B	-0.47%
IGT	F	-0.46%
CME	A	-0.44%
GRMN	B	-0.44%
MSI	B	-0.43%
AXP	A	-0.43%
EXEL	B	-0.43%
WM	A	-0.41%
PFE	D	-0.41%
TMO	F	-0.38%
HWM	A	-0.38%
ALLE	D	-0.38%
ANF	C	-0.35%
TDC	D	-0.35%
ALRM	C	-0.34%
PPG	F	-0.34%
F	C	-0.33%
LDOS	C	-0.31%
SKYW	B	-0.31%
CAH	B	-0.31%
COST	B	-0.3%
RTX	C	-0.28%
TMUS	B	-0.28%
MEDP	D	-0.28%
TROW	B	-0.28%
WFC	A	-0.28%
TRV	B	-0.26%
ADP	B	-0.26%
AMGN	D	-0.25%
UBER	D	-0.24%
SYK	C	-0.24%
LRCX	F	-0.24%
CVS	D	-0.23%
MGM	D	-0.23%
AMT	D	-0.21%
LHX	C	-0.21%
SPGI	C	-0.21%
GAP	C	-0.21%
BIIB	F	-0.21%
PEP	F	-0.19%
MMM	D	-0.19%
TPH	D	-0.18%
SSNC	B	-0.18%
CACI	D	-0.17%
PSA	D	-0.17%
LNW	D	-0.16%
BBWI	D	-0.16%
OXY	D	-0.15%
VST	B	-0.14%
CLX	B	-0.14%
ITW	B	-0.14%
GL	B	-0.13%
KR	B	-0.12%
BK	A	-0.12%
INTU	C	-0.12%
AON	A	-0.12%
NSC	B	-0.11%
DASH	A	-0.11%
LPLA	A	-0.11%
UNM	A	-0.1%
ED	D	-0.1%
AME	A	-0.09%
TWLO	A	-0.09%
NRG	B	-0.09%
DOCU	A	-0.09%
LYFT	C	-0.08%
CINF	A	-0.07%
PLTK	B	-0.07%
CRUS	D	-0.07%
QRVO	F	-0.06%
NBIX	C	-0.06%
ORCL	B	-0.04%
TNL	A	-0.04%
UTHR	C	-0.04%
TOL	B	-0.02%
CVX	A	-0.02%
PEGA	A	-0.02%