FBUF vs. SAA ETF Comparison

Comparison of Fidelity Dynamic Buffered Equity ETF (FBUF) to ProShares Ultra SmallCap600 (SAA)
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
SAA

ProShares Ultra SmallCap600

SAA Description The investment seeks daily investment results that correspond to two times (2x) the daily performance of the S&P SmallCap 600®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.56

Average Daily Volume

9,104

Number of Holdings *

586

* may have additional holdings in another (foreign) market
Performance
Period FBUF SAA
30 Days 3.10% 17.53%
60 Days 4.70% 13.44%
90 Days 6.08% 13.53%
12 Months 54.51%
4 Overlapping Holdings
Symbol Grade Weight in FBUF Weight in SAA Overlap
ALRM C 0.34% 0.14% 0.14%
BBWI D 0.16% 0.35% 0.16%
SKYW B 0.31% 0.22% 0.22%
TPH D 0.18% 0.19% 0.18%
FBUF Overweight 151 Positions Relative to SAA
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%
PGR A 0.67%
AMAT F 0.67%
V A 0.65%
CTAS B 0.65%
DIS B 0.65%
ECL D 0.63%
CI F 0.63%
ABT B 0.63%
KLAC D 0.61%
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%
CAT B 0.53%
DBX B 0.52%
ZBRA B 0.52%
CVNA B 0.52%
DVN F 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%
SPG B 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%
PCAR B 0.37%
NUE C 0.36%
ANF C 0.35%
TDC D 0.35%
PPG F 0.34%
INCY C 0.34%
F C 0.33%
LDOS C 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%
MSCI C 0.26%
AMGN D 0.25%
UBER D 0.24%
SYK C 0.24%
LRCX F 0.24%
CVS D 0.23%
RSG A 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%
FTNT C 0.2%
PEP F 0.19%
MMM D 0.19%
SSNC B 0.18%
CACI D 0.17%
PSA D 0.17%
LNW D 0.16%
OXY D 0.15%
IDXX F 0.15%
VST B 0.14%
CLX B 0.14%
ITW B 0.14%
GL B 0.13%
GEN 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%
ANET C 0.06%
ORCL B 0.04%
VEEV C 0.04%
TNL A 0.04%
UTHR C 0.04%
TOL B 0.02%
CVX A 0.02%
PEGA A 0.02%
FBUF Underweight 582 Positions Relative to SAA
Symbol Grade Weight
MLI C -0.51%
CMA A -0.45%
CRS A -0.44%
LUMN C -0.41%
JXN C -0.38%
RHI B -0.37%
GKOS B -0.37%
ATI D -0.35%
CSWI A -0.34%
ALK C -0.33%
AWI A -0.33%
MTH D -0.32%
VFC C -0.32%
SPSC C -0.32%
BMI B -0.31%
MOG.A B -0.31%
COOP B -0.31%
MMSI B -0.3%
ETSY D -0.29%
EPRT B -0.29%
LNC B -0.29%
ZWS B -0.28%
DY D -0.28%
ACIW B -0.28%
BCPC B -0.28%
PIPR B -0.27%
EAT A -0.27%
BCC B -0.27%
AVAV D -0.27%
FSS B -0.27%
MGY A -0.26%
MATX C -0.26%
MC C -0.26%
ITRI B -0.26%
INSP D -0.26%
GPI A -0.26%
MARA C -0.26%
AL B -0.25%
ACA A -0.25%
CTRE D -0.25%
SEE C -0.25%
SM B -0.25%
ABG B -0.25%
RDN C -0.25%
RDNT B -0.25%
GTES A -0.24%
IBP D -0.24%
PECO A -0.24%
CORT B -0.24%
BOX B -0.24%
SLG B -0.24%
IDCC A -0.23%
SHAK C -0.23%
ADMA B -0.23%
SFBS B -0.23%
WHD B -0.22%
KRYS B -0.22%
ABCB B -0.22%
ITGR B -0.22%
ALKS B -0.22%
AGO B -0.22%
KTB B -0.22%
ICUI D -0.21%
FTDR A -0.21%
FELE B -0.21%
MAC B -0.21%
NSIT F -0.21%
GVA A -0.21%
SANM B -0.21%
MHO D -0.21%
SIG B -0.21%
PLXS B -0.21%
LRN A -0.21%
AX A -0.21%
GMS B -0.2%
TGTX B -0.2%
SKT B -0.2%
UCB A -0.2%
KFY B -0.2%
CRC B -0.2%
HIMS B -0.2%
PI D -0.2%
BGC C -0.2%
PBH A -0.2%
AROC B -0.2%
FUL F -0.2%
STEP B -0.2%
BOOT D -0.2%
NOG A -0.2%
AEIS B -0.2%
REZI A -0.19%
RUSHA C -0.19%
ESE B -0.19%
WDFC B -0.19%
JBT B -0.19%
AUB B -0.19%
MDU D -0.19%
MGEE C -0.19%
CVCO A -0.19%
CALM A -0.19%
FULT A -0.19%
SEM B -0.19%
OGN D -0.19%
DXC B -0.18%
CBU B -0.18%
NPO A -0.18%
GEO B -0.18%
DORM B -0.18%
MSGS A -0.18%
NWL B -0.18%
RXO C -0.18%
PJT A -0.18%
CATY B -0.18%
VRRM D -0.18%
SITM B -0.18%
IAC D -0.17%
OTTR C -0.17%
ASO F -0.17%
CCOI B -0.17%
FBP B -0.17%
CEIX A -0.17%
CNK B -0.17%
WD D -0.17%
WSFS A -0.17%
FHB A -0.17%
ABM B -0.17%
SMTC B -0.17%
SMPL B -0.17%
APLE B -0.17%
HCC B -0.17%
HASI D -0.16%
ENV B -0.16%
AWR B -0.16%
AEO F -0.16%
CWK B -0.16%
GNW A -0.16%
CRVL A -0.16%
SXT B -0.16%
APAM B -0.16%
ATGE B -0.16%
HP B -0.16%
HIW D -0.16%
BTU B -0.16%
WAFD B -0.15%
SLVM B -0.15%
CVBF A -0.15%
PTEN C -0.15%
IIPR D -0.15%
ARCH B -0.15%
CWT D -0.15%
BL B -0.15%
NMIH D -0.15%
PENN C -0.15%
DEI B -0.15%
GFF A -0.15%
INDB B -0.15%
VIRT B -0.15%
AVA A -0.15%
TDS B -0.15%
SFNC B -0.15%
BOH B -0.15%
BKU A -0.15%
BRC D -0.15%
TRN C -0.15%
HUBG A -0.15%
CARG C -0.15%
SHOO D -0.15%
BXMT C -0.15%
AGYS A -0.14%
SNEX B -0.14%
FFBC A -0.14%
PFS B -0.14%
PRK B -0.14%
ABR C -0.14%
OII B -0.14%
UE C -0.14%
PRGS A -0.14%
PLMR B -0.14%
SATS D -0.14%
VSCO B -0.14%
BFH B -0.14%
GSHD A -0.14%
CPK A -0.14%
HBI B -0.14%
IOSP B -0.14%
LCII C -0.14%
FORM D -0.14%
TGNA B -0.14%
PATK D -0.14%
UNF B -0.14%
LBRT D -0.14%
AZZ B -0.13%
ARCB C -0.13%
AIN C -0.13%
EPAC B -0.13%
JJSF B -0.13%
VSTO A -0.13%
NARI C -0.13%
HNI B -0.13%
MTX B -0.13%
VCEL B -0.13%
AKR B -0.13%
ENVA B -0.13%
FCPT C -0.13%
AMR C -0.13%
PPBI B -0.13%
CNS B -0.13%
PAYO A -0.13%
TMDX F -0.13%
POWL C -0.13%
DV C -0.13%
LXP D -0.13%
TBBK B -0.13%
MYRG B -0.12%
CXW B -0.12%
STRA C -0.12%
RNST B -0.12%
CCS D -0.12%
AIR B -0.12%
PINC B -0.12%
ACLS F -0.12%
MTRN C -0.12%
IBTX B -0.12%
HWKN B -0.12%
TTMI B -0.12%
YOU D -0.12%
PTGX C -0.12%
AAP C -0.12%
YELP C -0.12%
BANF B -0.12%
OSIS B -0.12%
SXI B -0.12%
WERN C -0.12%
TDW F -0.12%
SBCF A -0.12%
DIOD D -0.12%
ZD C -0.12%
BANR B -0.12%
OUT A -0.12%
KLIC B -0.12%
MPW F -0.12%
ROCK C -0.11%
B B -0.11%
PRVA B -0.11%
TFIN A -0.11%
KAR B -0.11%
CRGY B -0.11%
VIAV B -0.11%
CNMD C -0.11%
URBN C -0.11%
KMT B -0.11%
CAKE C -0.11%
PSMT C -0.11%
BANC A -0.11%
ROIC A -0.11%
EVTC B -0.11%
ENR B -0.11%
IPAR B -0.11%
RUN F -0.11%
MP B -0.11%
HI C -0.11%
CWEN C -0.11%
HAYW B -0.11%
KWR C -0.11%
DOCN D -0.11%
NBTB B -0.11%
PHIN A -0.11%
TRMK B -0.11%
CPRX C -0.11%
NEO C -0.1%
KSS F -0.1%
OI C -0.1%
SUPN C -0.1%
MRCY B -0.1%
MCY A -0.1%
CASH A -0.1%
PRG C -0.1%
VYX B -0.1%
EXTR B -0.1%
ALG B -0.1%
STC B -0.1%
OFG B -0.1%
GBX A -0.1%
LGND B -0.1%
SHO C -0.1%
UFPT B -0.1%
LGIH D -0.1%
NATL B -0.1%
GRBK D -0.1%
ADUS D -0.1%
PLUS F -0.1%
LMAT A -0.1%
OMCL C -0.1%
EPC D -0.09%
ADNT F -0.09%
GO C -0.09%
WWW B -0.09%
ROG D -0.09%
APOG B -0.09%
LZB B -0.09%
NBHC B -0.09%
CABO C -0.09%
DRH B -0.09%
FL F -0.09%
NWBI B -0.09%
LKFN B -0.09%
RAMP C -0.09%
FBNC A -0.09%
TNDM F -0.09%
CHCO B -0.09%
FCF A -0.09%
JOE F -0.09%
JBLU F -0.09%
FBK B -0.09%
CSGS B -0.08%
SONO C -0.08%
THS D -0.08%
DNOW B -0.08%
VSTS C -0.08%
NHC C -0.08%
NTCT C -0.08%
ANDE D -0.08%
PZZA D -0.08%
LEG F -0.08%
KN B -0.08%
UCTT D -0.08%
VBTX B -0.08%
UPBD B -0.08%
VRTS B -0.08%
GTY B -0.08%
SCL C -0.08%
CUBI C -0.08%
DFIN D -0.08%
NWN A -0.08%
STBA B -0.08%
HOPE B -0.08%
TNC D -0.08%
CTS C -0.08%
SJW D -0.08%
PDCO D -0.08%
WKC D -0.08%
LTC B -0.08%
CENTA C -0.08%
HMN B -0.08%
PRDO B -0.08%
MLKN D -0.08%
NGVT B -0.08%
AMPH D -0.08%
ASTH D -0.08%
TRUP B -0.08%
FTRE D -0.08%
BHE B -0.08%
WGO C -0.08%
CALX D -0.08%
EIG B -0.07%
THRM D -0.07%
FOXF F -0.07%
USPH B -0.07%
LNN B -0.07%
UVV B -0.07%
SBH C -0.07%
WT B -0.07%
MYGN F -0.07%
HLIT D -0.07%
ALEX C -0.07%
UNIT B -0.07%
ELME D -0.07%
CHEF A -0.07%
NX C -0.07%
TALO C -0.07%
DVAX C -0.07%
TGI B -0.07%
BKE B -0.07%
XNCR B -0.07%
SNDR B -0.07%
GNL F -0.07%
HLX B -0.07%
SPNT A -0.07%
TILE B -0.07%
SABR C -0.07%
HTH B -0.07%
VRE B -0.07%
PEB D -0.07%
HELE C -0.07%
VECO F -0.07%
AMWD C -0.07%
IART C -0.07%
XHR B -0.07%
WS B -0.07%
TRIP F -0.07%
WABC B -0.07%
PLAB C -0.07%
CSR B -0.06%
OXM D -0.06%
SCSC B -0.06%
ARLO C -0.06%
DGII B -0.06%
KLG C -0.06%
FDP B -0.06%
CARS B -0.06%
QNST B -0.06%
PMT D -0.06%
PBI B -0.06%
NVEE F -0.06%
PFBC B -0.06%
PLAY D -0.06%
MODG F -0.06%
CENX B -0.06%
ARI C -0.06%
ECPG B -0.06%
DEA D -0.06%
NAVI C -0.06%
MSEX B -0.06%
GIII D -0.06%
COHU C -0.06%
VICR B -0.06%
ATEN B -0.06%
RC D -0.06%
MD B -0.06%
WOR F -0.06%
DCOM A -0.06%
SAFT C -0.06%
CRK B -0.06%
HRMY D -0.06%
KW B -0.06%
BHLB B -0.06%
KALU C -0.06%
AAT B -0.06%
JBGS D -0.06%
STAA F -0.06%
UNFI A -0.06%
VTOL B -0.05%
HCI C -0.05%
HSII B -0.05%
CLB B -0.05%
ANIP F -0.05%
TMP B -0.05%
SAH A -0.05%
CWEN C -0.05%
PDFS C -0.05%
RWT D -0.05%
CXM C -0.05%
PRLB A -0.05%
COLL F -0.05%
UTL B -0.05%
LPG F -0.05%
BLMN F -0.05%
XRX F -0.05%
MMI B -0.05%
XPEL C -0.05%
MRTN C -0.05%
PARR D -0.05%
AORT B -0.05%
AMN F -0.05%
SBSI B -0.05%
SDGR C -0.05%
AHCO F -0.05%
NXRT B -0.05%
ICHR C -0.05%
DAN D -0.05%
DLX B -0.05%
INVA D -0.05%
SXC A -0.05%
CAL D -0.05%
FBRT C -0.05%
MCRI A -0.05%
EXPI C -0.05%
EFC C -0.05%
ALGT B -0.05%
CBRL C -0.05%
MXL C -0.05%
BRKL B -0.05%
PGNY F -0.05%
CERT F -0.05%
AMSF B -0.05%
FIZZ C -0.05%
GDEN B -0.04%
REX D -0.04%
NABL F -0.04%
SSTK F -0.04%
MCW B -0.04%
MATW C -0.04%
AOSL C -0.04%
AXL C -0.04%
BLFS C -0.04%
JBSS D -0.04%
AHH D -0.04%
HSTM B -0.04%
TTGT C -0.04%
PCRX C -0.04%
HAFC A -0.04%
HAYN C -0.04%
RCUS F -0.04%
KOP C -0.04%
ASIX A -0.04%
BJRI B -0.04%
CFFN B -0.04%
HCSG C -0.04%
BSIG A -0.04%
EMBC C -0.04%
ASTE B -0.04%
AVNS F -0.04%
WNC C -0.04%
CPF A -0.04%
PRA C -0.04%
VTLE C -0.04%
MNRO D -0.04%
EGBN B -0.04%
CNXN C -0.04%
DXPE B -0.04%
ODP F -0.04%
WOLF F -0.04%
HFWA B -0.04%
JACK D -0.04%
PRAA C -0.04%
BDN C -0.04%
EYE C -0.04%
OMI F -0.04%
VVI C -0.04%
HTZ C -0.03%
UHT D -0.03%
HTLD B -0.03%
TR B -0.03%
NVRI F -0.03%
MTUS C -0.03%
MLAB D -0.03%
LESL C -0.03%
IRWD F -0.03%
LQDT B -0.03%
SNCY C -0.03%
GDOT D -0.03%
HZO D -0.03%
IIIN C -0.03%
UFCS B -0.03%
AMBC C -0.03%
SHEN F -0.03%
SCVL F -0.03%
SPTN D -0.03%
VSAT F -0.03%
SEDG F -0.03%
SCHL D -0.03%
EZPW A -0.03%
PUMP B -0.03%
FWRD D -0.03%
WSR A -0.03%
CTKB C -0.03%
RGR F -0.03%
VIR D -0.03%
NBR C -0.03%
CEVA B -0.03%
HAIN C -0.03%
CVI F -0.03%
ETD C -0.03%
INN D -0.03%
KREF D -0.03%
SMP B -0.03%
MATV D -0.03%
GPRE F -0.03%
MGPI F -0.03%
TRST A -0.03%
SWI B -0.03%
FLGT F -0.02%
TWI F -0.02%
CNSL C -0.02%
CENT C -0.02%
WRLD C -0.02%
NPK B -0.02%
MYE F -0.02%
USNA C -0.02%
SVC F -0.02%
KELYA F -0.02%
SLP D -0.02%
RGNX F -0.02%
THRY F -0.02%
GOGO C -0.02%
GES F -0.02%
HPP F -0.02%
BFS C -0.02%
RES D -0.02%
PAHC C -0.02%
BGS F -0.02%
CRSR C -0.01%
Compare ETFs