FBUF vs. SFY ETF Comparison

Comparison of Fidelity Dynamic Buffered Equity ETF (FBUF) to SoFi Select 500 ETF (SFY)

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

SFY

SoFi Select 500 ETF

SFY Description

The investment seeks to track the performance, before fees and expenses, of the Solactive SoFi US 500 Growth Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index follows a rules-based methodology that tracks the performance of 500 of the largest U.S.-listed companies weighted based on a proprietary mix of their market capitalization and fundamental factors.

Grade (RS Rating)

Last Trade

$110.95

Average Daily Volume

38,291

Number of Holdings ^*

494

* may have additional holdings in another (foreign) market

Performance

Period	FBUF	SFY
30 Days	3.10%	4.18%
60 Days	4.70%	7.67%
90 Days	6.08%	8.72%
12 Months		38.94%

127 Overlapping Holdings

Symbol	Grade	Weight in FBUF	Weight in SFY	Overlap
AAPL	C	7.34%	4.05%	4.05%
ABBV	D	0.91%	0.55%	0.55%
ABT	B	0.63%	0.27%	0.27%
ADBE	C	0.94%	0.37%	0.37%
ADP	B	0.26%	0.17%	0.17%
AMAT	F	0.67%	0.18%	0.18%
AME	A	0.09%	0.05%	0.05%
AMGN	D	0.25%	0.4%	0.25%
AMT	D	0.21%	0.18%	0.18%
AMZN	C	3.84%	4.56%	3.84%
ANET	C	0.06%	0.18%	0.06%
AON	A	0.12%	0.12%	0.12%
AVGO	D	1.62%	3.03%	1.62%
AXP	A	0.43%	0.28%	0.28%
BAC	A	1.18%	0.6%	0.6%
BDX	F	0.58%	0.12%	0.12%
BIIB	F	0.21%	0.03%	0.03%
BK	A	0.12%	0.16%	0.12%
BMY	B	0.74%	0.17%	0.17%
BRK.A	B	2.2%	0.8%	0.8%
C	A	0.72%	0.26%	0.26%
CAH	B	0.31%	0.08%	0.08%
CAT	B	0.53%	0.24%	0.24%
CI	F	0.63%	0.18%	0.18%
CINF	A	0.07%	0.05%	0.05%
CL	D	0.55%	0.13%	0.13%
CLX	B	0.14%	0.04%	0.04%
CMCSA	B	0.84%	0.25%	0.25%
CME	A	0.44%	0.13%	0.13%
CMG	B	0.47%	0.14%	0.14%
COST	B	0.3%	0.54%	0.3%
CRM	B	1.16%	0.83%	0.83%
CSCO	B	0.8%	0.25%	0.25%
CSX	B	0.49%	0.08%	0.08%
CTAS	B	0.65%	0.11%	0.11%
CVNA	B	0.52%	0.03%	0.03%
CVS	D	0.23%	0.13%	0.13%
CVX	A	0.02%	0.25%	0.02%
DASH	A	0.11%	0.17%	0.11%
DIS	B	0.65%	0.34%	0.34%
DOCU	A	0.09%	0.06%	0.06%
DVN	F	0.52%	0.02%	0.02%
ECL	D	0.63%	0.1%	0.1%
ED	D	0.1%	0.04%	0.04%
EOG	A	0.48%	0.07%	0.07%
F	C	0.33%	0.07%	0.07%
FTNT	C	0.2%	0.1%	0.1%
GE	D	0.48%	0.16%	0.16%
GEN	B	0.13%	0.02%	0.02%
GILD	C	0.74%	0.4%	0.4%
GOOGL	C	2.04%	1.74%	1.74%
GRMN	B	0.44%	0.04%	0.04%
HD	A	1.32%	0.44%	0.44%
HWM	A	0.38%	0.09%	0.09%
IDXX	F	0.15%	0.05%	0.05%
INCY	C	0.34%	0.04%	0.04%
INTU	C	0.12%	0.35%	0.12%
ITW	B	0.14%	0.09%	0.09%
JNJ	D	0.73%	0.43%	0.43%
JPM	A	1.93%	1.52%	1.52%
KLAC	D	0.61%	0.1%	0.1%
KR	B	0.12%	0.06%	0.06%
LDOS	C	0.31%	0.04%	0.04%
LHX	C	0.21%	0.11%	0.11%
LLY	F	0.76%	2.25%	0.76%
LMT	D	0.71%	0.18%	0.18%
LPLA	A	0.11%	0.04%	0.04%
LRCX	F	0.24%	0.09%	0.09%
MA	C	1.36%	0.69%	0.69%
META	D	2.89%	3.07%	2.89%
MMC	B	0.53%	0.17%	0.17%
MMM	D	0.19%	0.18%	0.18%
MRK	F	0.96%	0.79%	0.79%
MSCI	C	0.26%	0.08%	0.08%
MSFT	F	5.66%	5.34%	5.34%
MSI	B	0.43%	0.13%	0.13%
MU	D	0.5%	0.72%	0.5%
NEE	D	0.82%	0.2%	0.2%
NFLX	A	1.28%	0.66%	0.66%
NOC	D	0.6%	0.11%	0.11%
NOW	A	0.5%	0.56%	0.5%
NRG	B	0.09%	0.03%	0.03%
NSC	B	0.11%	0.07%	0.07%
NUE	C	0.36%	0.03%	0.03%
NVDA	C	7.37%	16.87%	7.37%
ORCL	B	0.04%	0.47%	0.04%
OXY	D	0.15%	0.03%	0.03%
PCAR	B	0.37%	0.08%	0.08%
PEP	F	0.19%	0.28%	0.19%
PFE	D	0.41%	0.33%	0.33%
PG	A	0.8%	0.49%	0.49%
PGR	A	0.67%	0.5%	0.5%
PM	B	0.94%	0.3%	0.3%
PPG	F	0.34%	0.04%	0.04%
PSA	D	0.17%	0.06%	0.06%
PYPL	B	0.72%	0.13%	0.13%
QCOM	F	0.85%	0.22%	0.22%
RSG	A	0.23%	0.06%	0.06%
RTX	C	0.28%	0.39%	0.28%
SCHW	B	0.79%	0.14%	0.14%
SPG	B	0.44%	0.08%	0.08%
SPGI	C	0.21%	0.31%	0.21%
SQ	B	0.6%	0.19%	0.19%
SSNC	B	0.18%	0.03%	0.03%
SYK	C	0.24%	0.19%	0.19%
T	A	0.71%	0.33%	0.33%
TJX	A	0.72%	0.19%	0.19%
TMO	F	0.38%	0.26%	0.26%
TMUS	B	0.28%	0.16%	0.16%
TROW	B	0.28%	0.03%	0.03%
TRV	B	0.26%	0.12%	0.12%
TSLA	B	1.27%	0.97%	0.97%
TT	A	0.68%	0.15%	0.15%
TWLO	A	0.09%	0.03%	0.03%
TXT	D	0.5%	0.03%	0.03%
UBER	D	0.24%	0.71%	0.24%
UNH	C	0.57%	0.91%	0.57%
UNP	C	0.75%	0.17%	0.17%
V	A	0.65%	0.73%	0.65%
VEEV	C	0.04%	0.06%	0.04%
VST	B	0.14%	0.06%	0.06%
WFC	A	0.28%	0.32%	0.28%
WM	A	0.41%	0.12%	0.12%
WMT	A	0.82%	0.5%	0.5%
XOM	B	1.56%	0.53%	0.53%
ZBRA	B	0.52%	0.02%	0.02%
ZM	B	0.53%	0.07%	0.07%

FBUF Overweight 28 Positions Relative to SFY

Symbol	Grade	Weight
GOOG	C	1.89%
SEIC	B	0.54%
DBX	B	0.52%
IGT	F	0.46%
EXEL	B	0.43%
ALLE	D	0.38%
ANF	C	0.35%
TDC	D	0.35%
ALRM	C	0.34%
SKYW	B	0.31%
MEDP	D	0.28%
MGM	D	0.23%
GAP	C	0.21%
TPH	D	0.18%
CACI	D	0.17%
LNW	D	0.16%
BBWI	D	0.16%
GL	B	0.13%
UNM	A	0.1%
LYFT	C	0.08%
PLTK	B	0.07%
CRUS	D	0.07%
QRVO	F	0.06%
NBIX	C	0.06%
TNL	A	0.04%
UTHR	C	0.04%
TOL	B	0.02%
PEGA	A	0.02%

FBUF Underweight 367 Positions Relative to SFY

Symbol	Grade	Weight
AMD	F	-1.52%
PLTR	B	-0.51%
IBM	C	-0.51%
PANW	C	-0.44%
GS	A	-0.44%
VRTX	F	-0.43%
KKR	A	-0.42%
CRWD	B	-0.41%
ISRG	A	-0.37%
APP	B	-0.34%
MS	A	-0.34%
BSX	B	-0.34%
GEV	B	-0.33%
KO	D	-0.33%
INTC	D	-0.32%
WELL	A	-0.29%
ACN	C	-0.29%
BX	A	-0.28%
MCD	D	-0.28%
LIN	D	-0.27%
BKNG	A	-0.25%
WDAY	B	-0.25%
COIN	C	-0.25%
RCL	A	-0.24%
ETN	A	-0.23%
VZ	C	-0.21%
CB	C	-0.21%
NEM	D	-0.21%
HON	B	-0.2%
FI	A	-0.2%
APO	B	-0.18%
ICE	C	-0.18%
TXN	C	-0.17%
MDT	D	-0.17%
LOW	D	-0.16%
MCO	B	-0.16%
DDOG	A	-0.16%
TDG	D	-0.16%
SNPS	B	-0.15%
AJG	B	-0.15%
HUBS	A	-0.15%
TTD	B	-0.15%
DHR	F	-0.14%
APH	A	-0.14%
USB	A	-0.14%
BA	F	-0.14%
SBUX	A	-0.14%
EQIX	A	-0.13%
CEG	D	-0.13%
ALNY	D	-0.13%
ELV	F	-0.13%
PLD	D	-0.13%
PNC	B	-0.13%
AXON	A	-0.13%
REGN	F	-0.13%
ALL	A	-0.13%
MDLZ	F	-0.12%
SO	D	-0.12%
CDNS	B	-0.12%
ZTS	D	-0.12%
ADSK	A	-0.12%
PH	A	-0.12%
VRT	B	-0.12%
O	D	-0.12%
SHW	A	-0.11%
EXR	D	-0.11%
SLB	C	-0.11%
HCA	F	-0.11%
NET	B	-0.11%
COP	C	-0.11%
MCK	B	-0.11%
FCX	D	-0.11%
GD	F	-0.11%
COF	B	-0.11%
TEAM	A	-0.11%
DUK	C	-0.11%
EMR	A	-0.1%
DE	A	-0.1%
UPS	C	-0.1%
AMP	A	-0.1%
ORLY	B	-0.1%
NKE	D	-0.1%
XYL	D	-0.1%
ACGL	D	-0.1%
MO	A	-0.1%
MRVL	B	-0.1%
ADI	D	-0.1%
ROP	B	-0.1%
SNOW	C	-0.1%
ABNB	C	-0.1%
CARR	D	-0.1%
LVS	C	-0.1%
MAR	B	-0.09%
FSLR	F	-0.09%
FICO	B	-0.09%
PWR	A	-0.09%
PSTG	D	-0.09%
FIS	C	-0.09%
URI	B	-0.09%
ZS	C	-0.09%
HLT	A	-0.09%
DLR	B	-0.09%
PODD	C	-0.08%
OKE	A	-0.08%
MET	A	-0.08%
PRU	A	-0.08%
APD	A	-0.08%
GM	B	-0.08%
DFS	B	-0.08%
TGT	F	-0.08%
WDC	D	-0.08%
BKR	B	-0.08%
STX	D	-0.07%
ES	D	-0.07%
DHI	D	-0.07%
CBRE	B	-0.07%
GWW	B	-0.07%
CPRT	A	-0.07%
LUV	C	-0.07%
AFL	B	-0.07%
PCG	A	-0.07%
GDDY	A	-0.07%
IR	B	-0.07%
CCL	B	-0.07%
TRU	D	-0.07%
GLW	B	-0.07%
BAX	D	-0.07%
SMCI	F	-0.07%
JCI	C	-0.07%
DKNG	B	-0.07%
ROST	C	-0.07%
COR	B	-0.07%
AZO	C	-0.07%
FDX	B	-0.07%
DD	D	-0.07%
FCNCA	A	-0.07%
WMB	A	-0.07%
KMI	A	-0.06%
CTVA	C	-0.06%
MTB	A	-0.06%
TFC	A	-0.06%
MNST	C	-0.06%
DAL	C	-0.06%
NDAQ	A	-0.06%
FAST	B	-0.06%
HES	B	-0.06%
SYF	B	-0.06%
DELL	C	-0.06%
WAB	B	-0.06%
PSX	C	-0.06%
AEP	D	-0.06%
DXCM	D	-0.06%
KVUE	A	-0.06%
PAYX	C	-0.06%
CMI	A	-0.06%
STT	A	-0.06%
STE	F	-0.06%
FLUT	A	-0.06%
EXC	C	-0.06%
NTRS	A	-0.06%
GEHC	F	-0.05%
AIG	B	-0.05%
YUM	B	-0.05%
ANSS	B	-0.05%
RBLX	C	-0.05%
CTSH	B	-0.05%
WTW	B	-0.05%
DECK	A	-0.05%
EBAY	D	-0.05%
PEG	A	-0.05%
HUM	C	-0.05%
EFX	F	-0.05%
SYY	B	-0.05%
VRSK	A	-0.05%
TRGP	B	-0.05%
OKTA	C	-0.05%
PINS	D	-0.05%
EA	A	-0.05%
MPC	D	-0.05%
SRE	A	-0.05%
MPWR	F	-0.05%
MLM	B	-0.05%
FANG	D	-0.05%
MSTR	C	-0.05%
OTIS	C	-0.05%
EW	C	-0.05%
RMD	C	-0.05%
HIG	B	-0.05%
LEN	D	-0.05%
IT	C	-0.05%
TSN	B	-0.05%
STZ	D	-0.05%
VICI	C	-0.05%
IRM	D	-0.05%
ARES	A	-0.05%
GPN	B	-0.05%
MDB	C	-0.05%
FITB	A	-0.05%
KMB	D	-0.05%
IQV	D	-0.05%
KDP	D	-0.05%
ROK	B	-0.04%
ILMN	D	-0.04%
AWK	D	-0.04%
VLO	C	-0.04%
MANH	D	-0.04%
BMRN	D	-0.04%
EXPE	B	-0.04%
CHTR	C	-0.04%
XEL	A	-0.04%
HUBB	B	-0.04%
CPAY	A	-0.04%
HPE	B	-0.04%
ZBH	C	-0.04%
AVB	B	-0.04%
TYL	B	-0.04%
GIS	D	-0.04%
DOW	F	-0.04%
A	D	-0.04%
PTC	A	-0.04%
BR	A	-0.04%
UAL	A	-0.04%
HPQ	B	-0.04%
CHD	B	-0.04%
FTV	C	-0.04%
LYV	A	-0.04%
VTRS	A	-0.04%
CSGP	D	-0.04%
EIX	B	-0.04%
BRO	B	-0.04%
CNC	D	-0.04%
HBAN	A	-0.04%
FE	C	-0.04%
RJF	A	-0.04%
EME	C	-0.04%
CCI	D	-0.04%
ARE	D	-0.04%
SJM	D	-0.04%
ODFL	B	-0.04%
VMC	B	-0.04%
D	C	-0.04%
BAH	F	-0.04%
ROL	B	-0.03%
AES	F	-0.03%
ALGN	D	-0.03%
J	F	-0.03%
LYB	F	-0.03%
OMC	C	-0.03%
ERIE	D	-0.03%
CFG	B	-0.03%
AEE	A	-0.03%
NVR	D	-0.03%
MKL	A	-0.03%
BURL	A	-0.03%
LII	A	-0.03%
MTD	D	-0.03%
TDY	B	-0.03%
DRI	B	-0.03%
IFF	D	-0.03%
MCHP	D	-0.03%
TTWO	A	-0.03%
NTAP	C	-0.03%
WRB	A	-0.03%
ON	D	-0.03%
ENTG	D	-0.03%
PPL	B	-0.03%
EG	C	-0.03%
ETR	B	-0.03%
RF	A	-0.03%
KEYS	A	-0.03%
CDW	F	-0.03%
VLTO	D	-0.03%
SBAC	D	-0.03%
DOV	A	-0.03%
KHC	F	-0.03%
LNG	B	-0.03%
HAL	C	-0.03%
INVH	D	-0.03%
SW	A	-0.03%
PHM	D	-0.03%
VTR	C	-0.03%
MOH	F	-0.03%
WEC	A	-0.03%
EQR	B	-0.03%
HSY	F	-0.03%
TSCO	D	-0.03%
UDR	B	-0.02%
SNAP	C	-0.02%
SWKS	F	-0.02%
CTRA	B	-0.02%
EVRG	A	-0.02%
DPZ	C	-0.02%
CSL	C	-0.02%
NI	A	-0.02%
MRO	B	-0.02%
DLTR	F	-0.02%
JBHT	C	-0.02%
WSM	B	-0.02%
HST	C	-0.02%
CAG	D	-0.02%
LNT	A	-0.02%
AVY	D	-0.02%
RVTY	F	-0.02%
EPAM	C	-0.02%
DGX	A	-0.02%
JKHY	D	-0.02%
RS	B	-0.02%
SWK	D	-0.02%
BLDR	D	-0.02%
DOC	D	-0.02%
IEX	B	-0.02%
BALL	D	-0.02%
EXAS	D	-0.02%
HOLX	D	-0.02%
EQT	B	-0.02%
WBD	C	-0.02%
OC	A	-0.02%
GPC	D	-0.02%
CNP	B	-0.02%
IP	B	-0.02%
DTE	C	-0.02%
MAS	D	-0.02%
STLD	B	-0.02%
PNR	A	-0.02%
ULTA	F	-0.02%
WY	D	-0.02%
BBY	D	-0.02%
DG	F	-0.02%
AKAM	D	-0.02%
CMS	C	-0.02%
VRSN	F	-0.02%
PFG	D	-0.02%
EL	F	-0.02%
RPM	A	-0.02%
ATO	A	-0.02%
ESS	B	-0.02%
KIM	A	-0.02%
WSO	A	-0.02%
MAA	B	-0.02%
PKG	A	-0.02%
LH	C	-0.02%
TER	D	-0.02%
K	A	-0.02%
SUI	D	-0.02%
WAT	B	-0.02%
KEY	B	-0.02%
WST	C	-0.02%
ADM	D	-0.02%
SNA	A	-0.02%
CBOE	B	-0.02%
RPRX	D	-0.02%
FDS	B	-0.02%
MKC	D	-0.02%
ENPH	F	-0.01%
ALB	C	-0.01%
MRNA	F	-0.01%
CE	F	-0.01%
CF	B	-0.01%
KMX	B	-0.01%
EMN	D	-0.01%
BG	F	-0.01%
TFX	F	-0.01%
SOLV	C	-0.01%
WPC	D	-0.01%
EXPD	D	-0.01%
LW	C	-0.01%
SCCO	F	-0.0%