FBUF vs. FNDX ETF Comparison

Comparison of Fidelity Dynamic Buffered Equity ETF (FBUF) to Schwab Fundamental U.S. Large Company Index ETF (FNDX)
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

$27.56

Average Daily Volume

5,170

Number of Holdings *

155

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

Schwab Fundamental U.S. Large Company Index ETF

FNDX Description The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$25.04

Average Daily Volume

1,215,309

Number of Holdings *

721

* may have additional holdings in another (foreign) market
Performance
Period FBUF FNDX
30 Days 3.04% 5.03%
60 Days 4.57% 5.34%
90 Days 6.09% 7.56%
12 Months 30.46%
134 Overlapping Holdings
Symbol Grade Weight in FBUF Weight in FNDX Overlap
AAPL B 7.34% 4.35% 4.35%
ABBV D 0.91% 0.49% 0.49%
ABT B 0.63% 0.34% 0.34%
ADBE C 0.94% 0.2% 0.2%
ADP B 0.26% 0.15% 0.15%
ALLE D 0.38% 0.01% 0.01%
AMAT F 0.67% 0.24% 0.24%
AME A 0.09% 0.05% 0.05%
AMGN D 0.25% 0.39% 0.25%
AMT D 0.21% 0.11% 0.11%
AMZN C 3.84% 1.56% 1.56%
ANET C 0.06% 0.04% 0.04%
AON A 0.12% 0.13% 0.12%
AVGO D 1.62% 0.61% 0.61%
AXP A 0.43% 0.36% 0.36%
BAC A 1.18% 1.3% 1.18%
BBWI C 0.16% 0.03% 0.03%
BDX F 0.58% 0.11% 0.11%
BIIB F 0.21% 0.09% 0.09%
BK A 0.12% 0.26% 0.12%
BMY B 0.74% 0.45% 0.45%
BRK.A B 2.2% 2.17% 2.17%
C A 0.72% 1.1% 0.72%
CACI D 0.17% 0.03% 0.03%
CAH B 0.31% 0.07% 0.07%
CAT B 0.53% 0.41% 0.41%
CI D 0.63% 0.48% 0.48%
CINF A 0.07% 0.07% 0.07%
CL D 0.55% 0.13% 0.13%
CLX C 0.14% 0.04% 0.04%
CMCSA C 0.84% 0.83% 0.83%
CME A 0.44% 0.08% 0.08%
CMG B 0.47% 0.04% 0.04%
COST B 0.3% 0.66% 0.3%
CRM B 1.16% 0.15% 0.15%
CSCO A 0.8% 0.82% 0.8%
CSX B 0.49% 0.22% 0.22%
CTAS B 0.65% 0.08% 0.08%
CVS D 0.23% 0.68% 0.23%
CVX B 0.02% 1.25% 0.02%
DBX C 0.52% 0.01% 0.01%
DIS B 0.65% 0.45% 0.45%
DVN F 0.52% 0.09% 0.09%
ECL D 0.63% 0.08% 0.08%
ED D 0.1% 0.12% 0.1%
EOG C 0.48% 0.23% 0.23%
F C 0.33% 0.33% 0.33%
FTNT C 0.2% 0.03% 0.03%
GAP C 0.21% 0.04% 0.04%
GE D 0.48% 0.15% 0.15%
GEN A 0.13% 0.04% 0.04%
GILD B 0.74% 0.37% 0.37%
GL C 0.13% 0.03% 0.03%
GOOG C 1.89% 1.14% 1.14%
GOOGL C 2.04% 1.33% 1.33%
GRMN A 0.44% 0.03% 0.03%
HD A 1.32% 0.8% 0.8%
HWM B 0.38% 0.07% 0.07%
IDXX F 0.15% 0.02% 0.02%
INTU C 0.12% 0.11% 0.11%
ITW A 0.14% 0.15% 0.14%
JNJ D 0.73% 0.89% 0.73%
JPM B 1.93% 2.03% 1.93%
KLAC F 0.61% 0.08% 0.08%
KR A 0.12% 0.3% 0.12%
LDOS D 0.31% 0.07% 0.07%
LHX C 0.21% 0.16% 0.16%
LLY F 0.76% 0.2% 0.2%
LMT D 0.71% 0.37% 0.37%
LPLA B 0.11% 0.04% 0.04%
LRCX F 0.24% 0.15% 0.15%
MA B 1.36% 0.29% 0.29%
META D 2.89% 1.79% 1.79%
MGM F 0.23% 0.06% 0.06%
MMC A 0.53% 0.14% 0.14%
MMM D 0.19% 0.35% 0.19%
MRK F 0.96% 0.42% 0.42%
MSCI C 0.26% 0.03% 0.03%
MSFT D 5.66% 2.43% 2.43%
MSI C 0.43% 0.07% 0.07%
MU D 0.5% 0.38% 0.38%
NEE D 0.82% 0.24% 0.24%
NFLX B 1.28% 0.17% 0.17%
NOC D 0.6% 0.2% 0.2%
NOW B 0.5% 0.01% 0.01%
NRG C 0.09% 0.1% 0.09%
NSC A 0.11% 0.21% 0.11%
NUE D 0.36% 0.19% 0.19%
NVDA C 7.37% 0.4% 0.4%
ORCL C 0.04% 0.5% 0.04%
OXY F 0.15% 0.11% 0.11%
PCAR B 0.37% 0.15% 0.15%
PEP F 0.19% 0.41% 0.19%
PFE D 0.41% 0.68% 0.41%
PG A 0.8% 0.77% 0.77%
PGR A 0.67% 0.23% 0.23%
PM B 0.94% 0.48% 0.48%
PPG D 0.34% 0.08% 0.08%
PSA C 0.17% 0.05% 0.05%
PYPL A 0.72% 0.22% 0.22%
QCOM F 0.85% 0.43% 0.43%
QRVO F 0.06% 0.03% 0.03%
RSG A 0.23% 0.06% 0.06%
RTX D 0.28% 0.34% 0.28%
SCHW A 0.79% 0.13% 0.13%
SEIC A 0.54% 0.03% 0.03%
SPG C 0.44% 0.1% 0.1%
SPGI C 0.21% 0.15% 0.15%
SQ B 0.6% 0.03% 0.03%
SSNC A 0.18% 0.04% 0.04%
SYK C 0.24% 0.13% 0.13%
T A 0.71% 1.27% 0.71%
TJX A 0.72% 0.22% 0.22%
TMO F 0.38% 0.25% 0.25%
TMUS A 0.28% 0.25% 0.25%
TNL A 0.04% 0.01% 0.01%
TOL A 0.02% 0.06% 0.02%
TPH C 0.18% 0.03% 0.03%
TROW A 0.28% 0.13% 0.13%
TRV B 0.26% 0.31% 0.26%
TSLA B 1.27% 0.28% 0.28%
TT B 0.68% 0.06% 0.06%
TXT D 0.5% 0.06% 0.06%
UBER D 0.24% 0.04% 0.04%
UNH B 0.57% 1.22% 0.57%
UNM A 0.1% 0.06% 0.06%
UNP C 0.75% 0.35% 0.35%
V A 0.65% 0.36% 0.36%
VST B 0.14% 0.16% 0.14%
WFC A 0.28% 1.35% 0.28%
WM A 0.41% 0.15% 0.15%
WMT B 0.82% 1.47% 0.82%
XOM C 1.56% 1.99% 1.56%
ZBRA A 0.52% 0.04% 0.04%
FBUF Overweight 21 Positions Relative to FNDX
Symbol Grade Weight
ZM B 0.53%
CVNA B 0.52%
IGT F 0.46%
EXEL A 0.43%
ANF C 0.35%
TDC D 0.35%
ALRM C 0.34%
INCY C 0.34%
SKYW B 0.31%
MEDP F 0.28%
LNW D 0.16%
DASH A 0.11%
TWLO B 0.09%
DOCU A 0.09%
LYFT C 0.08%
PLTK B 0.07%
CRUS F 0.07%
NBIX C 0.06%
VEEV B 0.04%
UTHR C 0.04%
PEGA A 0.02%
FBUF Underweight 587 Positions Relative to FNDX
Symbol Grade Weight
VZ B -1.13%
INTC C -0.89%
GM B -0.79%
LUMN C -0.65%
GS B -0.62%
IBM C -0.54%
COF B -0.48%
COP D -0.48%
MS B -0.46%
LOW C -0.43%
MPC F -0.4%
VLO C -0.39%
TGT F -0.38%
HON B -0.37%
MO A -0.37%
PSX C -0.36%
ACN B -0.36%
ELV F -0.36%
CHTR C -0.35%
KO D -0.35%
SYF A -0.34%
TXN D -0.34%
MCD D -0.34%
LIN D -0.33%
FDX B -0.32%
USB A -0.32%
DUK C -0.3%
PNC A -0.3%
BLK C -0.28%
AIG B -0.28%
SBUX B -0.28%
UPS C -0.28%
ALL B -0.27%
DFS B -0.26%
MET A -0.26%
SO D -0.26%
CB D -0.26%
BKNG B -0.24%
KMI B -0.23%
TFC B -0.23%
ETN A -0.23%
DE B -0.23%
PRU A -0.22%
ADM F -0.21%
AFL B -0.21%
HPQ B -0.21%
GD F -0.21%
HPE B -0.21%
MDLZ F -0.2%
TSN B -0.2%
HCA F -0.2%
CTSH B -0.19%
HUM C -0.19%
NKE F -0.19%
CMI A -0.19%
CNC F -0.19%
DOW F -0.18%
EXC D -0.17%
WMB B -0.17%
IP B -0.17%
WBA D -0.17%
EBAY C -0.17%
EMR A -0.17%
D C -0.17%
DD D -0.17%
AEP D -0.16%
DHI D -0.16%
BKR C -0.16%
BBY D -0.16%
LEN C -0.16%
JCI C -0.16%
MDT D -0.16%
DHR D -0.15%
AMP B -0.15%
LYB F -0.14%
FCX F -0.14%
OKE C -0.14%
GLW B -0.14%
HIG B -0.14%
APD A -0.13%
PH A -0.13%
FITB B -0.13%
BX B -0.13%
ADI D -0.13%
SRE A -0.13%
NEM F -0.13%
CBRE B -0.13%
FI A -0.13%
URI B -0.13%
FIS D -0.12%
ETR B -0.12%
SLB C -0.12%
WDC C -0.12%
CARR C -0.12%
KKR B -0.12%
XEL A -0.12%
ORLY B -0.11%
MTB B -0.11%
PARA C -0.11%
MCK C -0.11%
PEG A -0.11%
PPL B -0.11%
BA D -0.11%
ICE D -0.11%
PHM C -0.11%
STLD B -0.11%
GIS D -0.11%
EIX A -0.1%
SYY C -0.1%
ALLY C -0.1%
FOXA C -0.1%
KMB C -0.1%
VTRS B -0.1%
REGN F -0.1%
STT A -0.1%
CEG D -0.1%
KEY A -0.1%
WELL C -0.1%
BG F -0.1%
CFG B -0.1%
RF B -0.09%
MRO B -0.09%
GPN C -0.09%
SW B -0.09%
ISRG C -0.09%
STX D -0.09%
FE D -0.09%
RS B -0.09%
EA C -0.09%
CTVA B -0.09%
PFG C -0.09%
BSX C -0.09%
MAR A -0.09%
APH B -0.09%
WY D -0.09%
CCI D -0.09%
LH B -0.09%
AMD F -0.09%
GEHC F -0.09%
KHC D -0.09%
ARW D -0.08%
EMN D -0.08%
HBAN B -0.08%
NTRS A -0.08%
NVR D -0.08%
USFD A -0.08%
CHRW C -0.08%
VTR D -0.08%
YUM B -0.08%
WHR B -0.08%
ES D -0.08%
OMC C -0.08%
UHS D -0.08%
DG F -0.08%
GWW A -0.08%
WEC A -0.08%
WKC D -0.08%
DLR A -0.08%
EQIX A -0.08%
JLL B -0.08%
WBD C -0.08%
SHW A -0.08%
K A -0.07%
BAX F -0.07%
IQV F -0.07%
OC B -0.07%
VFC C -0.07%
SWK D -0.07%
CMA A -0.07%
CF B -0.07%
WTW B -0.07%
AEE A -0.07%
DGX B -0.07%
TRGP B -0.07%
THC D -0.07%
MCO A -0.07%
NTAP C -0.07%
EVRG A -0.07%
STZ D -0.07%
PWR A -0.07%
R B -0.07%
PLD D -0.07%
KDP D -0.07%
X C -0.07%
LAD B -0.07%
ZTS D -0.07%
PKG B -0.07%
AVT C -0.07%
ROST C -0.07%
DTE C -0.07%
VRTX D -0.07%
FAST B -0.07%
SNA A -0.06%
OVV C -0.06%
HES C -0.06%
M D -0.06%
ODFL B -0.06%
DVA B -0.06%
TSCO C -0.06%
CPAY A -0.06%
CAG D -0.06%
JEF A -0.06%
BLDR C -0.06%
ROK B -0.06%
BALL D -0.06%
AZO C -0.06%
CMS C -0.06%
AA A -0.06%
ZION B -0.06%
OMF A -0.06%
MHK D -0.06%
LNG B -0.06%
CCL B -0.06%
FLEX B -0.06%
JBL C -0.06%
IRM C -0.06%
PFGC A -0.06%
HLT A -0.06%
EME B -0.06%
CNP A -0.06%
HAL C -0.06%
FNF B -0.06%
PAYX B -0.06%
WAB B -0.06%
DOV A -0.06%
TDG D -0.06%
KSS F -0.06%
MOS F -0.06%
KMX B -0.06%
MOH F -0.05%
ACM A -0.05%
VNO B -0.05%
NI A -0.05%
MNST B -0.05%
VMC B -0.05%
AFG A -0.05%
INGR B -0.05%
ZBH C -0.05%
ORI A -0.05%
JBHT C -0.05%
MKL A -0.05%
CSL B -0.05%
NXPI D -0.05%
DLTR D -0.05%
MCHP F -0.05%
IVZ B -0.05%
IFF D -0.05%
L B -0.05%
JNPR F -0.05%
AES F -0.05%
DRI B -0.05%
AJG A -0.05%
AN B -0.05%
BXP D -0.05%
GPC D -0.05%
OTIS C -0.05%
KD B -0.05%
AVB B -0.05%
DXC B -0.05%
ALSN B -0.05%
LEA F -0.05%
EQH B -0.05%
TDS B -0.05%
EQR B -0.05%
GPI B -0.05%
FANG F -0.05%
CASY B -0.05%
DINO F -0.05%
BWA C -0.05%
ROP B -0.05%
MAS C -0.05%
J F -0.05%
TPR A -0.05%
SFM B -0.05%
RJF A -0.05%
LKQ D -0.05%
SJM D -0.05%
BFH B -0.05%
LNC B -0.05%
KVUE A -0.05%
A D -0.05%
TAP C -0.05%
O D -0.04%
FBIN D -0.04%
LPX B -0.04%
BCC B -0.04%
EXPE B -0.04%
TER F -0.04%
OSK B -0.04%
AVY D -0.04%
AMG B -0.04%
IPG C -0.04%
KEYS B -0.04%
ZIM C -0.04%
UFPI B -0.04%
LVS C -0.04%
PNR B -0.04%
FYBR D -0.04%
RPM A -0.04%
HSY F -0.04%
CNO A -0.04%
ON C -0.04%
HST C -0.04%
DOX D -0.04%
CRBG B -0.04%
EXPD C -0.04%
SLM B -0.04%
TMHC A -0.04%
CCK D -0.04%
WAT B -0.04%
DKS C -0.04%
GT C -0.04%
RGA A -0.04%
ATO A -0.04%
SWKS F -0.04%
HOLX D -0.04%
RHI C -0.04%
HSIC B -0.04%
CHD B -0.04%
AWK D -0.04%
EW C -0.04%
LNT A -0.04%
FAF B -0.04%
MUSA B -0.04%
BERY B -0.04%
PVH C -0.04%
NWSA B -0.04%
PNW B -0.04%
BEN C -0.04%
AYI B -0.04%
WCC B -0.04%
THO B -0.04%
KNX B -0.04%
WSM B -0.04%
VRSK A -0.04%
EVR B -0.04%
OGN F -0.04%
JXN B -0.04%
MAN D -0.04%
EQT B -0.04%
MLM B -0.04%
GEV C -0.04%
MRVL B -0.04%
UGI A -0.04%
CDW F -0.04%
DELL C -0.03%
EXP B -0.03%
SEE C -0.03%
THG C -0.03%
LSTR B -0.03%
PRI A -0.03%
INVH D -0.03%
AR B -0.03%
FMC D -0.03%
SCI A -0.03%
IEX B -0.03%
ACI C -0.03%
MRNA F -0.03%
ACGL D -0.03%
TDY B -0.03%
CPRT A -0.03%
GNTX C -0.03%
AAP C -0.03%
TRU D -0.03%
BTU C -0.03%
ITT A -0.03%
RVTY D -0.03%
KBH C -0.03%
BURL B -0.03%
ILMN C -0.03%
CW B -0.03%
LII A -0.03%
G B -0.03%
GDDY B -0.03%
FLR B -0.03%
SNX C -0.03%
BC C -0.03%
STE F -0.03%
APO A -0.03%
PCG B -0.03%
ABG B -0.03%
SNV B -0.03%
ARE D -0.03%
ALB C -0.03%
KIM A -0.03%
VOYA B -0.03%
TTWO B -0.03%
MTD F -0.03%
AMCR D -0.03%
ARMK A -0.03%
CPB D -0.03%
AIZ B -0.03%
EFX D -0.03%
DAL B -0.03%
CAR C -0.03%
OGE A -0.03%
GPK C -0.03%
HAS D -0.03%
EXR C -0.03%
AKAM F -0.03%
FL D -0.03%
RRX A -0.03%
RL B -0.03%
AGCO D -0.03%
APA F -0.03%
ESS B -0.03%
MTH C -0.03%
JHG A -0.03%
CLF F -0.03%
HII F -0.03%
HRL D -0.03%
XYL D -0.03%
SNPS B -0.03%
EWBC B -0.03%
NDAQ A -0.03%
WU D -0.03%
TRMB B -0.03%
CIEN B -0.03%
ULTA F -0.03%
GNW A -0.03%
NXST C -0.03%
MAA B -0.03%
FFIV A -0.03%
CG B -0.03%
HUN F -0.03%
FHN B -0.03%
CTRA B -0.03%
EL F -0.03%
CMC B -0.03%
DOC C -0.03%
OLN F -0.03%
IT C -0.03%
DECK A -0.03%
PANW C -0.03%
DPZ C -0.03%
BAH F -0.03%
FTV B -0.03%
CE F -0.03%
WSO A -0.03%
RMD C -0.03%
IR A -0.03%
CDNS B -0.03%
PBF D -0.03%
MTZ B -0.03%
WRB A -0.03%
ADSK B -0.03%
MKC D -0.03%
SANM B -0.03%
NWL A -0.03%
HBI B -0.03%
MLI C -0.03%
HUBB B -0.03%
BR A -0.03%
WLK D -0.02%
MDU F -0.02%
MTN C -0.02%
ODP F -0.02%
EG C -0.02%
COHR C -0.02%
ALV C -0.02%
ALK A -0.02%
ADNT F -0.02%
FLO C -0.02%
MPW F -0.02%
MATX C -0.02%
LEG D -0.02%
BPOP B -0.02%
CHKP D -0.02%
TFX F -0.02%
ARCH B -0.02%
TKR D -0.02%
MIDD B -0.02%
AER A -0.02%
NSIT F -0.02%
KBR F -0.02%
POR C -0.02%
MKSI C -0.02%
VAC B -0.02%
TTC D -0.02%
UHAL D -0.02%
XRX F -0.02%
WPC D -0.02%
ASO F -0.02%
GLPI B -0.02%
WERN B -0.02%
LW C -0.02%
OI C -0.02%
POST B -0.02%
NFG B -0.02%
ANSS B -0.02%
ASGN D -0.02%
SBAC D -0.02%
NAVI C -0.02%
SM C -0.02%
NDSN B -0.02%
WST C -0.02%
CZR D -0.02%
CCEP B -0.02%
LECO C -0.02%
ST F -0.02%
AL A -0.02%
MUR F -0.02%
TPX A -0.02%
PII F -0.02%
STWD C -0.02%
PAG B -0.02%
EPAM C -0.02%
HUBG A -0.02%
SLG B -0.02%
GGG B -0.02%
GXO B -0.02%
CTLT B -0.02%
PENN C -0.02%
JKHY D -0.02%
CPT B -0.02%
HOG F -0.02%
APTV F -0.02%
POOL C -0.02%
ALGN D -0.02%
NOV C -0.02%
DCI A -0.02%
FCNCA B -0.02%
NVT B -0.02%
AVTR F -0.02%
AOS D -0.02%
BECN B -0.02%
SKX D -0.02%
CC C -0.02%
CNH A -0.02%
SUI D -0.02%
LAMR C -0.02%
REG B -0.02%
PK B -0.02%
BRX A -0.02%
UDR B -0.02%
VICI C -0.02%
MTG B -0.02%
ABM B -0.02%
DAR C -0.02%
ATR B -0.02%
BJ B -0.02%
EHC B -0.02%
RUSHA B -0.02%
SAIC F -0.02%
REZI B -0.02%
BRO B -0.02%
GNRC B -0.02%
COR C -0.02%
TGNA B -0.02%
BAP C -0.02%
SON D -0.02%
AXTA A -0.02%
LUV B -0.02%
SOLV C -0.02%
VSH F -0.01%
ANDE D -0.01%
LILAK F -0.01%
CNXC F -0.01%
CRL C -0.01%
VRSN F -0.01%
ICLR F -0.01%
WTRG B -0.01%
MSM C -0.01%
SPTN F -0.01%
CHE D -0.01%
MMS F -0.01%
AEO F -0.01%
CYH F -0.01%
JAZZ B -0.01%
BLD C -0.01%
CBOE B -0.01%
FSLR F -0.01%
PRGO C -0.01%
QRTEA F -0.01%
AAL B -0.01%
FTI A -0.01%
JWN A -0.01%
HRB D -0.01%
XRAY F -0.01%
DK C -0.01%
HTZ C -0.01%
DAN F -0.01%
LULU C -0.01%
UNFI A -0.01%
CRI F -0.01%
CNX B -0.01%
CPRI F -0.01%
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