FBUF vs. GPIX ETF Comparison

Comparison of Fidelity Dynamic Buffered Equity ETF (FBUF) to Goldman Sachs S&P 500 Core Premium Income ETF (GPIX)
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
GPIX

Goldman Sachs S&P 500 Core Premium Income ETF

GPIX Description The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in equity investments of companies that are included in the fund"s benchmark. The fund will generally seek to maintain style, capitalization and industry characteristics similar to its benchmark. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.18

Average Daily Volume

70,400

Number of Holdings *

498

* may have additional holdings in another (foreign) market
Performance
Period FBUF GPIX
30 Days 3.10% 2.97%
60 Days 4.70% 4.47%
90 Days 6.08% 6.26%
12 Months 27.35%
123 Overlapping Holdings
Symbol Grade Weight in FBUF Weight in GPIX Overlap
AAPL C 7.34% 6.94% 6.94%
ABBV D 0.91% 0.59% 0.59%
ABT B 0.63% 0.41% 0.41%
ADBE C 0.94% 0.44% 0.44%
ADP B 0.26% 0.24% 0.24%
ALLE D 0.38% 0.02% 0.02%
AMAT F 0.67% 0.28% 0.28%
AME A 0.09% 0.09% 0.09%
AMGN D 0.25% 0.3% 0.25%
AMT D 0.21% 0.19% 0.19%
AMZN C 3.84% 3.82% 3.82%
ANET C 0.06% 0.2% 0.06%
AON A 0.12% 0.17% 0.12%
AVGO D 1.62% 1.54% 1.54%
AXP A 0.43% 0.33% 0.33%
BAC A 1.18% 0.63% 0.63%
BDX F 0.58% 0.13% 0.13%
BIIB F 0.21% 0.04% 0.04%
BK A 0.12% 0.14% 0.12%
BMY B 0.74% 0.24% 0.24%
BRK.A B 2.2% 1.73% 1.73%
C A 0.72% 0.27% 0.27%
CAH B 0.31% 0.05% 0.05%
CAT B 0.53% 0.38% 0.38%
CI F 0.63% 0.18% 0.18%
CINF A 0.07% 0.05% 0.05%
CL D 0.55% 0.16% 0.16%
CLX B 0.14% 0.04% 0.04%
CMCSA B 0.84% 0.33% 0.33%
CME A 0.44% 0.18% 0.18%
CMG B 0.47% 0.16% 0.16%
COST B 0.3% 0.82% 0.3%
CRM B 1.16% 0.63% 0.63%
CSCO B 0.8% 0.46% 0.46%
CSX B 0.49% 0.14% 0.14%
CTAS B 0.65% 0.15% 0.15%
CVS D 0.23% 0.14% 0.14%
CVX A 0.02% 0.54% 0.02%
DIS B 0.65% 0.41% 0.41%
DVN F 0.52% 0.05% 0.05%
ECL D 0.63% 0.12% 0.12%
ED D 0.1% 0.07% 0.07%
EOG A 0.48% 0.15% 0.15%
F C 0.33% 0.09% 0.09%
FTNT C 0.2% 0.11% 0.11%
GE D 0.48% 0.39% 0.39%
GEN B 0.13% 0.03% 0.03%
GILD C 0.74% 0.22% 0.22%
GL B 0.13% 0.02% 0.02%
GOOG C 1.89% 1.73% 1.73%
GOOGL C 2.04% 2.08% 2.04%
GRMN B 0.44% 0.06% 0.06%
HD A 1.32% 0.82% 0.82%
HWM A 0.38% 0.09% 0.09%
IDXX F 0.15% 0.07% 0.07%
INCY C 0.34% 0.02% 0.02%
INTU C 0.12% 0.36% 0.12%
ITW B 0.14% 0.14% 0.14%
JNJ D 0.73% 0.73% 0.73%
JPM A 1.93% 1.39% 1.39%
KLAC D 0.61% 0.16% 0.16%
KR B 0.12% 0.08% 0.08%
LDOS C 0.31% 0.04% 0.04%
LHX C 0.21% 0.09% 0.09%
LLY F 0.76% 1.16% 0.76%
LMT D 0.71% 0.22% 0.22%
LRCX F 0.24% 0.18% 0.18%
MA C 1.36% 0.86% 0.86%
META D 2.89% 2.45% 2.45%
MGM D 0.23% 0.02% 0.02%
MMC B 0.53% 0.22% 0.22%
MMM D 0.19% 0.14% 0.14%
MRK F 0.96% 0.49% 0.49%
MSCI C 0.26% 0.11% 0.11%
MSFT F 5.66% 6.21% 5.66%
MSI B 0.43% 0.17% 0.17%
MU D 0.5% 0.22% 0.22%
NEE D 0.82% 0.32% 0.32%
NFLX A 1.28% 0.75% 0.75%
NOC D 0.6% 0.13% 0.13%
NOW A 0.5% 0.42% 0.42%
NRG B 0.09% 0.04% 0.04%
NSC B 0.11% 0.12% 0.11%
NUE C 0.36% 0.07% 0.07%
NVDA C 7.37% 7.23% 7.23%
ORCL B 0.04% 0.61% 0.04%
OXY D 0.15% 0.07% 0.07%
PCAR B 0.37% 0.12% 0.12%
PEP F 0.19% 0.43% 0.19%
PFE D 0.41% 0.28% 0.28%
PG A 0.8% 0.8% 0.8%
PGR A 0.67% 0.3% 0.3%
PM B 0.94% 0.41% 0.41%
PPG F 0.34% 0.05% 0.05%
PSA D 0.17% 0.11% 0.11%
PYPL B 0.72% 0.17% 0.17%
QCOM F 0.85% 0.37% 0.37%
QRVO F 0.06% 0.01% 0.01%
RSG A 0.23% 0.08% 0.08%
RTX C 0.28% 0.32% 0.28%
SCHW B 0.79% 0.25% 0.25%
SPG B 0.44% 0.12% 0.12%
SPGI C 0.21% 0.34% 0.21%
SYK C 0.24% 0.27% 0.24%
T A 0.71% 0.32% 0.32%
TJX A 0.72% 0.27% 0.27%
TMO F 0.38% 0.39% 0.38%
TMUS B 0.28% 0.23% 0.23%
TROW B 0.28% 0.06% 0.06%
TRV B 0.26% 0.12% 0.12%
TSLA B 1.27% 1.92% 1.27%
TT A 0.68% 0.19% 0.19%
TXT D 0.5% 0.03% 0.03%
UBER D 0.24% 0.29% 0.24%
UNH C 0.57% 1.06% 0.57%
UNP C 0.75% 0.28% 0.28%
V A 0.65% 1.05% 0.65%
VST B 0.14% 0.11% 0.11%
WFC A 0.28% 0.5% 0.28%
WM A 0.41% 0.16% 0.16%
WMT A 0.82% 0.75% 0.75%
XOM B 1.56% 1.06% 1.06%
ZBRA B 0.52% 0.04% 0.04%
FBUF Overweight 32 Positions Relative to GPIX
Symbol Grade Weight
SQ B 0.6%
SEIC B 0.54%
ZM B 0.53%
DBX B 0.52%
CVNA B 0.52%
IGT F 0.46%
EXEL B 0.43%
ANF C 0.35%
TDC D 0.35%
ALRM C 0.34%
SKYW B 0.31%
MEDP D 0.28%
GAP C 0.21%
TPH D 0.18%
SSNC B 0.18%
CACI D 0.17%
LNW D 0.16%
BBWI D 0.16%
DASH A 0.11%
LPLA A 0.11%
UNM A 0.1%
TWLO A 0.09%
DOCU A 0.09%
LYFT C 0.08%
PLTK B 0.07%
CRUS D 0.07%
NBIX C 0.06%
VEEV C 0.04%
TNL A 0.04%
UTHR C 0.04%
TOL B 0.02%
PEGA A 0.02%
FBUF Underweight 375 Positions Relative to GPIX
Symbol Grade Weight
KO D -0.49%
AMD F -0.45%
ACN C -0.44%
LIN D -0.43%
MCD D -0.42%
IBM C -0.39%
ISRG A -0.38%
TXN C -0.37%
MS A -0.35%
VZ C -0.35%
BKNG A -0.34%
BLK C -0.31%
DHR F -0.3%
HON B -0.3%
LOW D -0.3%
ETN A -0.29%
BSX B -0.27%
BX A -0.27%
COP C -0.26%
PANW C -0.25%
FI A -0.25%
PLTR B -0.25%
SBUX A -0.23%
VRTX F -0.23%
CB C -0.22%
MDT D -0.22%
INTC D -0.21%
ADI D -0.21%
DE A -0.21%
BA F -0.21%
PLD D -0.21%
KKR A -0.21%
ICE C -0.2%
GEV B -0.19%
SO D -0.19%
UPS C -0.19%
MO A -0.19%
PH A -0.18%
DUK C -0.18%
EQIX A -0.18%
NKE D -0.18%
ELV F -0.18%
MDLZ F -0.17%
APH A -0.17%
SHW A -0.17%
REGN F -0.16%
USB A -0.16%
WELL A -0.16%
ZTS D -0.16%
CRWD B -0.16%
PNC B -0.16%
MCO B -0.16%
SNPS B -0.16%
CDNS B -0.16%
TGT F -0.15%
CEG D -0.15%
EMR A -0.15%
MCK B -0.15%
GD F -0.14%
TDG D -0.14%
ORLY B -0.14%
COF B -0.14%
WMB A -0.14%
APD A -0.14%
HLT A -0.13%
CARR D -0.13%
FCX D -0.13%
HCA F -0.13%
ADSK A -0.13%
MAR B -0.13%
FDX B -0.13%
OKE A -0.13%
URI B -0.12%
DLR B -0.12%
ROP B -0.12%
SRE A -0.12%
AMP A -0.12%
SLB C -0.12%
AJG B -0.12%
TFC A -0.12%
AZO C -0.11%
MPC D -0.11%
PSX C -0.11%
FICO B -0.11%
KMI A -0.11%
NXPI D -0.11%
GM B -0.11%
RCL A -0.11%
JCI C -0.11%
AFL B -0.11%
ABNB C -0.11%
CPRT A -0.1%
PWR A -0.1%
D C -0.1%
CMI A -0.1%
DHI D -0.1%
MET A -0.1%
O D -0.1%
NEM D -0.1%
GWW B -0.1%
AIG B -0.1%
AEP D -0.1%
ALL A -0.1%
PAYX C -0.09%
DFS B -0.09%
KMB D -0.09%
PRU A -0.09%
PEG A -0.09%
FAST B -0.09%
VLO C -0.09%
ROST C -0.09%
AXON A -0.09%
CCI D -0.09%
KVUE A -0.09%
PCG A -0.09%
TRGP B -0.09%
XEL A -0.08%
STZ D -0.08%
EA A -0.08%
CHTR C -0.08%
YUM B -0.08%
ODFL B -0.08%
HES B -0.08%
NDAQ A -0.08%
DELL C -0.08%
EXC C -0.08%
CTVA C -0.08%
COR B -0.08%
IT C -0.08%
VRSK A -0.08%
CBRE B -0.08%
OTIS C -0.08%
FIS C -0.08%
IR B -0.08%
DAL C -0.08%
BKR B -0.08%
EW C -0.08%
LEN D -0.08%
EIX B -0.07%
UAL A -0.07%
ETR B -0.07%
LULU C -0.07%
IQV D -0.07%
DD D -0.07%
FANG D -0.07%
VICI C -0.07%
HPQ B -0.07%
RMD C -0.07%
GIS D -0.07%
MCHP D -0.07%
EXR D -0.07%
WAB B -0.07%
HIG B -0.07%
RJF A -0.07%
MTB A -0.07%
KDP D -0.07%
MLM B -0.07%
VMC B -0.07%
ACGL D -0.07%
A D -0.07%
IRM D -0.07%
MNST C -0.07%
SYY B -0.07%
GLW B -0.07%
STT A -0.07%
CTSH B -0.07%
GEHC F -0.07%
GDDY A -0.06%
SW A -0.06%
SYF B -0.06%
KHC F -0.06%
PHM D -0.06%
HPE B -0.06%
ON D -0.06%
MPWR F -0.06%
XYL D -0.06%
CSGP D -0.06%
NTRS A -0.06%
TSCO D -0.06%
EBAY D -0.06%
WTW B -0.06%
DXCM D -0.06%
TTWO A -0.06%
EFX F -0.06%
DOW F -0.06%
FITB A -0.06%
WEC A -0.06%
ANSS B -0.06%
CNC D -0.06%
GPN B -0.06%
ROK B -0.06%
AVB B -0.06%
HUM C -0.06%
EXPE B -0.05%
IFF D -0.05%
MTD D -0.05%
WST C -0.05%
ZBH C -0.05%
FDS B -0.05%
CDW F -0.05%
TDY B -0.05%
CHD B -0.05%
CFG B -0.05%
AEE A -0.05%
RF A -0.05%
HSY F -0.05%
EQR B -0.05%
SBAC D -0.05%
NTAP C -0.05%
PPL B -0.05%
VLTO D -0.05%
TYL B -0.05%
DECK A -0.05%
DTE C -0.05%
BRO B -0.05%
HBAN A -0.05%
ADM D -0.05%
BR A -0.05%
HUBB B -0.05%
FTV C -0.05%
CPAY A -0.05%
AWK D -0.05%
CCL B -0.05%
DOV A -0.05%
KEYS A -0.05%
HAL C -0.05%
VTR C -0.05%
EQT B -0.05%
NVR D -0.05%
TRMB B -0.04%
NI A -0.04%
PNR A -0.04%
EG C -0.04%
KIM A -0.04%
SNA A -0.04%
HOLX D -0.04%
MAA B -0.04%
TSN B -0.04%
DGX A -0.04%
MKC D -0.04%
PFG D -0.04%
PODD C -0.04%
DRI B -0.04%
BALL D -0.04%
KEY B -0.04%
INVH D -0.04%
CTRA B -0.04%
OMC C -0.04%
FSLR F -0.04%
ESS B -0.04%
LUV C -0.04%
LH C -0.04%
STX D -0.04%
ATO A -0.04%
STLD B -0.04%
WY D -0.04%
STE F -0.04%
CMS C -0.04%
WAT B -0.04%
LYV A -0.04%
IP B -0.04%
FE C -0.04%
LYB F -0.04%
BLDR D -0.04%
PKG A -0.04%
CNP B -0.04%
WDC D -0.04%
PTC A -0.04%
K A -0.04%
ES D -0.04%
CBOE B -0.04%
WBD C -0.04%
KMX B -0.03%
BXP D -0.03%
CPT B -0.03%
UDR B -0.03%
CAG D -0.03%
AKAM D -0.03%
MRNA F -0.03%
DLTR F -0.03%
IVZ B -0.03%
FFIV B -0.03%
SWK D -0.03%
SWKS F -0.03%
TPR B -0.03%
RVTY F -0.03%
JBHT C -0.03%
POOL C -0.03%
AVY D -0.03%
SMCI F -0.03%
AMCR D -0.03%
JBL B -0.03%
LNT A -0.03%
EXPD D -0.03%
ALGN D -0.03%
EVRG A -0.03%
DPZ C -0.03%
LVS C -0.03%
APTV D -0.03%
DOC D -0.03%
VRSN F -0.03%
CF B -0.03%
EL F -0.03%
IEX B -0.03%
TER D -0.03%
MRO B -0.03%
L A -0.03%
ULTA F -0.03%
J F -0.03%
BAX D -0.03%
MOH F -0.03%
GPC D -0.03%
BBY D -0.03%
VTRS A -0.03%
ARE D -0.03%
WRB A -0.03%
MAS D -0.03%
DG F -0.03%
WYNN D -0.02%
RL B -0.02%
HAS D -0.02%
ENPH F -0.02%
MOS F -0.02%
CZR F -0.02%
CPB D -0.02%
APA D -0.02%
TFX F -0.02%
CRL C -0.02%
HSIC B -0.02%
CE F -0.02%
ERIE D -0.02%
SOLV C -0.02%
LKQ D -0.02%
PAYC B -0.02%
LW C -0.02%
TECH D -0.02%
IPG D -0.02%
PNW B -0.02%
FOX A -0.02%
BEN C -0.02%
BWA D -0.02%
REG B -0.02%
GNRC B -0.02%
AIZ A -0.02%
HST C -0.02%
JNPR F -0.02%
AES F -0.02%
CTLT B -0.02%
JKHY D -0.02%
MKTX D -0.02%
NCLH B -0.02%
TAP C -0.02%
NWSA B -0.02%
EPAM C -0.02%
UHS D -0.02%
CHRW C -0.02%
DAY B -0.02%
SJM D -0.02%
EMN D -0.02%
NDSN B -0.02%
ROL B -0.02%
BG F -0.02%
ALB C -0.02%
WBA F -0.01%
PARA C -0.01%
AOS F -0.01%
FMC D -0.01%
HII D -0.01%
HRL D -0.01%
FOXA B -0.01%
MHK D -0.01%
DVA B -0.01%
FRT B -0.01%
MTCH D -0.01%
NWS B -0.0%
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