FBUF vs. FELV ETF Comparison
Comparison of Fidelity Dynamic Buffered Equity ETF (FBUF) to Fidelity Enhanced Large Cap Value ETF (FELV)
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
FELV
Fidelity Enhanced Large Cap Value ETF
FELV Description
The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.Grade (RS Rating)
Last Trade
$32.56
Average Daily Volume
106,908
Number of Holdings
*
332
* may have additional holdings in another (foreign) market
Performance
| Period | FBUF | FELV |
|---|---|---|
| 30 Days | 3.10% | 4.38% |
| 60 Days | 4.70% | 5.85% |
| 90 Days | 6.08% | 7.57% |
| 12 Months | 29.90% |
132 Overlapping Holdings
| Symbol | Grade | Weight in FBUF | Weight in FELV | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 7.34% | 0.19% | 0.19% | |
| ABBV | D | 0.91% | 0.85% | 0.85% | |
| ABT | B | 0.63% | 0.54% | 0.54% | |
| ADBE | C | 0.94% | 0.37% | 0.37% | |
| ADP | B | 0.26% | 0.1% | 0.1% | |
| ALLE | D | 0.38% | 0.54% | 0.38% | |
| ALRM | C | 0.34% | 0.08% | 0.08% | |
| AMAT | F | 0.67% | 0.42% | 0.42% | |
| AME | A | 0.09% | 0.26% | 0.09% | |
| AMGN | D | 0.25% | 0.15% | 0.15% | |
| AMT | D | 0.21% | 0.14% | 0.14% | |
| AMZN | C | 3.84% | 0.08% | 0.08% | |
| ANF | C | 0.35% | 0.28% | 0.28% | |
| AON | A | 0.12% | 0.59% | 0.12% | |
| AVGO | D | 1.62% | 0.12% | 0.12% | |
| AXP | A | 0.43% | 0.2% | 0.2% | |
| BAC | A | 1.18% | 1.77% | 1.18% | |
| BBWI | D | 0.16% | 0.08% | 0.08% | |
| BDX | F | 0.58% | 0.74% | 0.58% | |
| BIIB | F | 0.21% | 0.3% | 0.21% | |
| BK | A | 0.12% | 0.63% | 0.12% | |
| BMY | B | 0.74% | 0.84% | 0.74% | |
| BRK.A | B | 2.2% | 3.64% | 2.2% | |
| C | A | 0.72% | 0.48% | 0.48% | |
| CACI | D | 0.17% | 0.46% | 0.17% | |
| CAH | B | 0.31% | 0.3% | 0.3% | |
| CAT | B | 0.53% | 0.54% | 0.53% | |
| CI | F | 0.63% | 0.6% | 0.6% | |
| CINF | A | 0.07% | 0.22% | 0.07% | |
| CL | D | 0.55% | 0.54% | 0.54% | |
| CLX | B | 0.14% | 0.25% | 0.14% | |
| CMCSA | B | 0.84% | 1.13% | 0.84% | |
| CME | A | 0.44% | 0.57% | 0.44% | |
| CMG | B | 0.47% | 0.07% | 0.07% | |
| CRM | B | 1.16% | 0.22% | 0.22% | |
| CRUS | D | 0.07% | 0.09% | 0.07% | |
| CSCO | B | 0.8% | 1.07% | 0.8% | |
| CSX | B | 0.49% | 0.34% | 0.34% | |
| CTAS | B | 0.65% | 0.43% | 0.43% | |
| CVNA | B | 0.52% | 0.62% | 0.52% | |
| CVS | D | 0.23% | 0.3% | 0.23% | |
| CVX | A | 0.02% | 0.53% | 0.02% | |
| DASH | A | 0.11% | 0.08% | 0.08% | |
| DBX | B | 0.52% | 0.42% | 0.42% | |
| DIS | B | 0.65% | 0.8% | 0.65% | |
| DOCU | A | 0.09% | 0.22% | 0.09% | |
| DVN | F | 0.52% | 0.34% | 0.34% | |
| ECL | D | 0.63% | 0.5% | 0.5% | |
| ED | D | 0.1% | 0.22% | 0.1% | |
| EOG | A | 0.48% | 0.53% | 0.48% | |
| EXEL | B | 0.43% | 0.35% | 0.35% | |
| F | C | 0.33% | 0.33% | 0.33% | |
| GAP | C | 0.21% | 0.25% | 0.21% | |
| GE | D | 0.48% | 1.05% | 0.48% | |
| GILD | C | 0.74% | 0.92% | 0.74% | |
| GL | B | 0.13% | 0.28% | 0.13% | |
| GRMN | B | 0.44% | 0.11% | 0.11% | |
| HD | A | 1.32% | 0.45% | 0.45% | |
| HWM | A | 0.38% | 0.12% | 0.12% | |
| IGT | F | 0.46% | 0.36% | 0.36% | |
| INCY | C | 0.34% | 0.22% | 0.22% | |
| ITW | B | 0.14% | 0.12% | 0.12% | |
| JNJ | D | 0.73% | 1.02% | 0.73% | |
| JPM | A | 1.93% | 2.93% | 1.93% | |
| KLAC | D | 0.61% | 0.03% | 0.03% | |
| KR | B | 0.12% | 0.31% | 0.12% | |
| LDOS | C | 0.31% | 0.47% | 0.31% | |
| LHX | C | 0.21% | 0.45% | 0.21% | |
| LMT | D | 0.71% | 0.64% | 0.64% | |
| LNW | D | 0.16% | 0.17% | 0.16% | |
| LYFT | C | 0.08% | 0.07% | 0.07% | |
| MA | C | 1.36% | 0.28% | 0.28% | |
| MEDP | D | 0.28% | 0.16% | 0.16% | |
| META | D | 2.89% | 0.21% | 0.21% | |
| MGM | D | 0.23% | 0.21% | 0.21% | |
| MMC | B | 0.53% | 0.38% | 0.38% | |
| MMM | D | 0.19% | 0.6% | 0.19% | |
| MSCI | C | 0.26% | 0.19% | 0.19% | |
| MSI | B | 0.43% | 0.2% | 0.2% | |
| MU | D | 0.5% | 0.86% | 0.5% | |
| NEE | D | 0.82% | 0.81% | 0.81% | |
| NFLX | A | 1.28% | 0.19% | 0.19% | |
| NOC | D | 0.6% | 0.63% | 0.6% | |
| NSC | B | 0.11% | 0.57% | 0.11% | |
| NUE | C | 0.36% | 0.34% | 0.34% | |
| NVDA | C | 7.37% | 0.17% | 0.17% | |
| OXY | D | 0.15% | 0.15% | 0.15% | |
| PCAR | B | 0.37% | 0.39% | 0.37% | |
| PFE | D | 0.41% | 0.85% | 0.41% | |
| PG | A | 0.8% | 1.24% | 0.8% | |
| PGR | A | 0.67% | 0.35% | 0.35% | |
| PLTK | B | 0.07% | 0.05% | 0.05% | |
| PM | B | 0.94% | 1.31% | 0.94% | |
| PPG | F | 0.34% | 0.57% | 0.34% | |
| PSA | D | 0.17% | 0.52% | 0.17% | |
| PYPL | B | 0.72% | 0.79% | 0.72% | |
| QCOM | F | 0.85% | 0.5% | 0.5% | |
| QRVO | F | 0.06% | 0.11% | 0.06% | |
| RSG | A | 0.23% | 0.66% | 0.23% | |
| RTX | C | 0.28% | 0.7% | 0.28% | |
| SCHW | B | 0.79% | 0.88% | 0.79% | |
| SEIC | B | 0.54% | 0.58% | 0.54% | |
| SKYW | B | 0.31% | 0.21% | 0.21% | |
| SPG | B | 0.44% | 0.18% | 0.18% | |
| SPGI | C | 0.21% | 0.63% | 0.21% | |
| SQ | B | 0.6% | 0.7% | 0.6% | |
| SSNC | B | 0.18% | 0.5% | 0.18% | |
| SYK | C | 0.24% | 0.26% | 0.24% | |
| T | A | 0.71% | 1.02% | 0.71% | |
| TDC | D | 0.35% | 0.27% | 0.27% | |
| TJX | A | 0.72% | 0.28% | 0.28% | |
| TMO | F | 0.38% | 0.73% | 0.38% | |
| TMUS | B | 0.28% | 0.56% | 0.28% | |
| TNL | A | 0.04% | 0.01% | 0.01% | |
| TOL | B | 0.02% | 0.28% | 0.02% | |
| TPH | D | 0.18% | 0.35% | 0.18% | |
| TROW | B | 0.28% | 0.13% | 0.13% | |
| TRV | B | 0.26% | 0.28% | 0.26% | |
| TT | A | 0.68% | 0.52% | 0.52% | |
| TWLO | A | 0.09% | 0.3% | 0.09% | |
| TXT | D | 0.5% | 0.53% | 0.5% | |
| UNH | C | 0.57% | 1.57% | 0.57% | |
| UNM | A | 0.1% | 0.38% | 0.1% | |
| UNP | C | 0.75% | 0.75% | 0.75% | |
| VEEV | C | 0.04% | 0.28% | 0.04% | |
| VST | B | 0.14% | 0.07% | 0.07% | |
| WFC | A | 0.28% | 1.22% | 0.28% | |
| WM | A | 0.41% | 0.25% | 0.25% | |
| WMT | A | 0.82% | 1.76% | 0.82% | |
| XOM | B | 1.56% | 2.51% | 1.56% | |
| ZBRA | B | 0.52% | 0.32% | 0.32% | |
| ZM | B | 0.53% | 0.52% | 0.52% |
FBUF Overweight 23 Positions Relative to FELV
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | F | 5.66% | |
| GOOGL | C | 2.04% | |
| GOOG | C | 1.89% | |
| TSLA | B | 1.27% | |
| MRK | F | 0.96% | |
| LLY | F | 0.76% | |
| V | A | 0.65% | |
| NOW | A | 0.5% | |
| COST | B | 0.3% | |
| UBER | D | 0.24% | |
| LRCX | F | 0.24% | |
| FTNT | C | 0.2% | |
| PEP | F | 0.19% | |
| IDXX | F | 0.15% | |
| GEN | B | 0.13% | |
| INTU | C | 0.12% | |
| LPLA | A | 0.11% | |
| NRG | B | 0.09% | |
| NBIX | C | 0.06% | |
| ANET | C | 0.06% | |
| ORCL | B | 0.04% | |
| UTHR | C | 0.04% | |
| PEGA | A | 0.02% |
FBUF Underweight 200 Positions Relative to FELV
| Symbol | Grade | Weight | |
|---|---|---|---|
| INTC | D | -0.85% | |
| ETN | A | -0.76% | |
| PNC | B | -0.7% | |
| VZ | C | -0.68% | |
| CCI | D | -0.57% | |
| COP | C | -0.56% | |
| MS | A | -0.54% | |
| DD | D | -0.48% | |
| COF | B | -0.47% | |
| LIN | D | -0.46% | |
| WAB | B | -0.45% | |
| MDT | D | -0.4% | |
| PCG | A | -0.39% | |
| BLK | C | -0.37% | |
| L | A | -0.35% | |
| EVRG | A | -0.35% | |
| BRX | A | -0.35% | |
| CMI | A | -0.34% | |
| ACN | C | -0.34% | |
| GS | A | -0.34% | |
| FTV | C | -0.33% | |
| LPX | B | -0.33% | |
| STLD | B | -0.33% | |
| FR | C | -0.28% | |
| MCD | D | -0.28% | |
| VMC | B | -0.28% | |
| DUK | C | -0.28% | |
| MO | A | -0.28% | |
| GEV | B | -0.28% | |
| IBM | C | -0.27% | |
| WTW | B | -0.26% | |
| VICI | C | -0.25% | |
| XEL | A | -0.25% | |
| SEE | C | -0.25% | |
| FLS | B | -0.25% | |
| EXC | C | -0.24% | |
| KMI | A | -0.24% | |
| TFC | A | -0.24% | |
| CNC | D | -0.23% | |
| Z | A | -0.22% | |
| OC | A | -0.22% | |
| DOC | D | -0.22% | |
| HPE | B | -0.21% | |
| JCI | C | -0.21% | |
| VMI | B | -0.2% | |
| EQIX | A | -0.2% | |
| PNR | A | -0.19% | |
| DTE | C | -0.19% | |
| USFD | A | -0.19% | |
| FTI | A | -0.19% | |
| ALL | A | -0.19% | |
| BSX | B | -0.19% | |
| KEY | B | -0.18% | |
| ITT | A | -0.18% | |
| ICE | C | -0.18% | |
| TMHC | B | -0.18% | |
| ZG | A | -0.18% | |
| EIX | B | -0.17% | |
| DHR | F | -0.17% | |
| PRU | A | -0.17% | |
| IQV | D | -0.17% | |
| MKL | A | -0.17% | |
| ACA | A | -0.17% | |
| CEG | D | -0.17% | |
| EQR | B | -0.17% | |
| GEHC | F | -0.16% | |
| TAP | C | -0.16% | |
| QGEN | D | -0.16% | |
| TXN | C | -0.16% | |
| CCK | C | -0.16% | |
| AES | F | -0.16% | |
| PFG | D | -0.16% | |
| BBY | D | -0.15% | |
| STT | A | -0.15% | |
| CNP | B | -0.15% | |
| ILMN | D | -0.15% | |
| JXN | C | -0.15% | |
| RCL | A | -0.15% | |
| WDC | D | -0.14% | |
| KMB | D | -0.14% | |
| HUM | C | -0.14% | |
| GD | F | -0.14% | |
| HAL | C | -0.13% | |
| PKG | A | -0.13% | |
| WDAY | B | -0.13% | |
| SWKS | F | -0.13% | |
| CCL | B | -0.13% | |
| ES | D | -0.13% | |
| PH | A | -0.12% | |
| SOLV | C | -0.12% | |
| NTAP | C | -0.12% | |
| SO | D | -0.12% | |
| WMB | A | -0.12% | |
| EEFT | B | -0.12% | |
| KHC | F | -0.12% | |
| UHS | D | -0.12% | |
| BLD | D | -0.11% | |
| AIZ | A | -0.11% | |
| EA | A | -0.11% | |
| ENS | D | -0.11% | |
| ROST | C | -0.11% | |
| BCC | B | -0.11% | |
| ELV | F | -0.11% | |
| AMH | D | -0.11% | |
| BMRN | D | -0.11% | |
| TPR | B | -0.1% | |
| ADTN | A | -0.1% | |
| ADM | D | -0.1% | |
| BKR | B | -0.1% | |
| CRC | B | -0.1% | |
| PEG | A | -0.1% | |
| MHO | D | -0.1% | |
| FANG | D | -0.09% | |
| A | D | -0.09% | |
| TRGP | B | -0.09% | |
| CNO | A | -0.09% | |
| MTDR | B | -0.09% | |
| WBD | C | -0.09% | |
| KD | B | -0.09% | |
| GPN | B | -0.09% | |
| ACT | D | -0.09% | |
| MCK | B | -0.09% | |
| VRTX | F | -0.09% | |
| TENB | C | -0.08% | |
| MKC | D | -0.08% | |
| DELL | C | -0.08% | |
| LH | C | -0.08% | |
| HON | B | -0.08% | |
| IFF | D | -0.08% | |
| AEP | D | -0.08% | |
| REG | B | -0.07% | |
| BYD | C | -0.07% | |
| LOW | D | -0.07% | |
| WCC | B | -0.07% | |
| NWL | B | -0.06% | |
| NWSA | B | -0.06% | |
| EW | C | -0.06% | |
| UPS | C | -0.06% | |
| LEG | F | -0.06% | |
| ARW | D | -0.06% | |
| VSTS | C | -0.06% | |
| MDLZ | F | -0.06% | |
| OGE | B | -0.06% | |
| NMRK | B | -0.06% | |
| DFS | B | -0.05% | |
| TRMB | B | -0.05% | |
| SAM | C | -0.05% | |
| CTRA | B | -0.05% | |
| FHI | A | -0.05% | |
| GLPI | C | -0.05% | |
| CW | B | -0.05% | |
| GIS | D | -0.05% | |
| NEM | D | -0.05% | |
| AM | A | -0.04% | |
| ADI | D | -0.04% | |
| VLTO | D | -0.04% | |
| INGR | B | -0.04% | |
| VAC | B | -0.04% | |
| CSGP | D | -0.04% | |
| HL | D | -0.04% | |
| CWEN | C | -0.04% | |
| BKH | A | -0.04% | |
| CTRE | D | -0.04% | |
| AXTA | A | -0.03% | |
| MSA | D | -0.03% | |
| SYF | B | -0.03% | |
| TFX | F | -0.03% | |
| UAL | A | -0.03% | |
| RGA | A | -0.03% | |
| EXTR | B | -0.03% | |
| WS | B | -0.03% | |
| RJF | A | -0.03% | |
| ALKS | B | -0.03% | |
| DHI | D | -0.03% | |
| NWS | B | -0.03% | |
| MATX | C | -0.03% | |
| AMD | F | -0.02% | |
| CWEN | C | -0.02% | |
| AYI | B | -0.02% | |
| SWI | B | -0.02% | |
| OKTA | C | -0.02% | |
| OGN | D | -0.02% | |
| BERY | B | -0.02% | |
| ITRI | B | -0.02% | |
| BIO | D | -0.02% | |
| WOOF | D | -0.02% | |
| MWA | B | -0.01% | |
| TGT | F | -0.01% | |
| FTDR | A | -0.01% | |
| MUR | D | -0.01% | |
| PHM | D | -0.01% | |
| CXT | B | -0.01% | |
| BLDR | D | -0.01% | |
| ROP | B | -0.01% | |
| DGX | A | -0.01% | |
| ANSS | B | -0.01% | |
| AXS | A | -0.01% | |
| SON | D | -0.01% | |
| GLW | B | -0.01% | |
| M | D | -0.01% |
FBUF: Top Represented Industries & Keywords
Industries:
Software - Application
Drug Manufacturers - Major
Semiconductors
Aerospace & Defense
Apparel Stores
Banks - Global
Biotechnology
Capital Markets
Credit Services
Diversified Industrials
Software - Infrastructure
Telecom Services
Asset Management
Communication Equipment
Diagnostics & Research
Health Care Plans
Household & Personal Products
Insurance - Property & Casualty
Internet Content & Information
Oil & Gas E&P
FELV: Top Represented Industries & Keywords
Industries:
Diversified Industrials
Utilities - Regulated Electric
Diagnostics & Research
Semiconductors
Oil & Gas E&P
Software - Application
Asset Management
Drug Manufacturers - Major
Insurance - Property & Casualty
Capital Markets
Communication Equipment
Credit Services
Health Care Plans
Residential Construction
Aerospace & Defense
Apparel Stores
Biotechnology
Building Materials
Business Services
Household & Personal Products
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