CGRO vs. FPRO ETF Comparison

Comparison of CoreValues Alpha Greater China Growth ETF (CGRO) to Fidelity Real Estate Investment ETF (FPRO)
CGRO

CoreValues Alpha Greater China Growth ETF

CGRO Description

CGRO aims to benefit from high-growth sectors in Greater China without compromising American values and interests. The fund includes companies of all sizes located or primarily traded in mainland China, Taiwan, and Chinas special administrative regions, such as Hong Kong. The portfolio construction starts with top-down macro research, which utilizes publicly available data to identify sectors with the highest growth potential. The fund also conducts on-the-ground due diligence wherein it gains insights from 15 investment professionals located in China. Lastly, a fundamental bottom-up approach is used to analyze company-specific data such as financial reports and management expertise. The weight of each sector and company is determined by the sub-advisers assessment of its growth potential, which may change over time. The fund may invest in China A-shares, depositary receipts, and issuers listed on exchanges outside China.

Grade (RS Rating)

Last Trade

$21.03

Average Daily Volume

229

Number of Holdings *

4

* may have additional holdings in another (foreign) market
FPRO

Fidelity Real Estate Investment ETF

FPRO Description The investment seeks above-average income and long-term capital growth, consistent with reasonable investment risk. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. The fund normally invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. It invests in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.67

Average Daily Volume

1,635

Number of Holdings *

39

* may have additional holdings in another (foreign) market
Performance
Period CGRO FPRO
30 Days -3.54% 0.02%
60 Days 6.20% 4.13%
90 Days 7.69% -0.18%
12 Months 0.78%
0 Overlapping Holdings
Symbol Grade Weight in CGRO Weight in FPRO Overlap
CGRO Overweight 4 Positions Relative to FPRO
Symbol Grade Weight
TCOM D 8.86%
PDD B 6.57%
MNSO F 6.1%
TME B 4.41%
CGRO Underweight 39 Positions Relative to FPRO
Symbol Grade Weight
PLD C -10.12%
EQIX C -6.58%
VTR A -6.5%
AMT B -5.16%
PSA B -5.16%
SBAC D -4.65%
KIM B -3.69%
NNN B -3.6%
DLR A -3.59%
CBRE D -3.46%
CUBE B -3.41%
UDR B -3.38%
MAA B -3.18%
CCI C -3.08%
SUI D -3.07%
EQR B -2.78%
WELL A -2.71%
IRM A -2.28%
AMH C -2.12%
EXR B -1.58%
INVH A -1.47%
DRH D -1.47%
LAMR C -1.42%
COLD C -1.28%
UE B -1.27%
WY F -1.13%
REG B -1.13%
PECO D -1.07%
SITC B -1.07%
STAG D -0.98%
FCPT B -0.8%
AIRC A -0.75%
RHP D -0.71%
TRNO C -0.71%
DBRG F -0.66%
SKT D -0.54%
ELS C -0.52%
O B -0.48%
GLPI C -0.45%
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