FBUF vs. SPYI ETF Comparison

Comparison of Fidelity Dynamic Buffered Equity ETF (FBUF) to NEOS S&P 500 High Income ETF (SPYI)
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
SPYI

NEOS S&P 500 High Income ETF

SPYI Description SHP ETF Trust - NEOS S&P 500 High Income ETF is an exchange traded fund launched by Faith Investor Services LLC. The fund is managed by Neos Investment Management, LLC. The fund invests in public equity markets of the United States. The fund invests directly and through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. The fund invests in growth and value stocks of large-cap companies, within the market capitalization range of the S&P 500 Index. SHP ETF Trust - NEOS S&P 500 High Income ETF was formed on August 30, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$51.96

Average Daily Volume

607,658

Number of Holdings *

499

* may have additional holdings in another (foreign) market
Performance
Period FBUF SPYI
30 Days 3.10% 2.57%
60 Days 4.70% 4.02%
90 Days 6.08% 5.68%
12 Months 22.34%
123 Overlapping Holdings
Symbol Grade Weight in FBUF Weight in SPYI Overlap
AAPL C 7.34% 6.6% 6.6%
ABBV D 0.91% 0.61% 0.61%
ABT B 0.63% 0.45% 0.45%
ADBE C 0.94% 0.52% 0.52%
ADP B 0.26% 0.25% 0.25%
ALLE D 0.38% 0.01% 0.01%
AMAT F 0.67% 0.35% 0.35%
AME A 0.09% 0.08% 0.08%
AMGN D 0.25% 0.35% 0.25%
AMT D 0.21% 0.19% 0.19%
AMZN C 3.84% 4.02% 3.84%
ANET C 0.06% 0.17% 0.06%
AON A 0.12% 0.16% 0.12%
AVGO D 1.62% 1.55% 1.55%
AXP A 0.43% 0.34% 0.34%
BAC A 1.18% 0.64% 0.64%
BDX F 0.58% 0.14% 0.14%
BIIB F 0.21% 0.04% 0.04%
BK A 0.12% 0.13% 0.12%
BMY B 0.74% 0.27% 0.27%
BRK.A B 2.2% 1.76% 1.76%
C A 0.72% 0.3% 0.3%
CAH B 0.31% 0.05% 0.05%
CAT B 0.53% 0.45% 0.45%
CI F 0.63% 0.2% 0.2%
CINF A 0.07% 0.04% 0.04%
CL D 0.55% 0.16% 0.16%
CLX B 0.14% 0.04% 0.04%
CMCSA B 0.84% 0.4% 0.4%
CME A 0.44% 0.18% 0.18%
CMG B 0.47% 0.07% 0.07%
COST B 0.3% 0.83% 0.3%
CRM B 1.16% 0.73% 0.73%
CSCO B 0.8% 0.55% 0.55%
CSX B 0.49% 0.16% 0.16%
CTAS B 0.65% 0.17% 0.17%
CVS D 0.23% 0.16% 0.16%
CVX A 0.02% 0.56% 0.02%
DIS B 0.65% 0.43% 0.43%
DVN F 0.52% 0.05% 0.05%
ECL D 0.63% 0.11% 0.11%
ED D 0.1% 0.07% 0.07%
EOG A 0.48% 0.18% 0.18%
F C 0.33% 0.1% 0.1%
FTNT C 0.2% 0.13% 0.13%
GE D 0.48% 0.46% 0.46%
GEN B 0.13% 0.04% 0.04%
GILD C 0.74% 0.27% 0.27%
GL B 0.13% 0.0% 0.0%
GOOG C 1.89% 1.8% 1.8%
GOOGL C 2.04% 2.1% 2.04%
GRMN B 0.44% 0.05% 0.05%
HD A 1.32% 0.83% 0.83%
HWM A 0.38% 0.09% 0.09%
IDXX F 0.15% 0.02% 0.02%
INCY C 0.34% 0.02% 0.02%
INTU C 0.12% 0.42% 0.12%
ITW B 0.14% 0.16% 0.14%
JNJ D 0.73% 0.76% 0.73%
JPM A 1.93% 1.45% 1.45%
KLAC D 0.61% 0.15% 0.15%
KR B 0.12% 0.08% 0.08%
LDOS C 0.31% 0.04% 0.04%
LHX C 0.21% 0.1% 0.1%
LLY F 0.76% 1.33% 0.76%
LMT D 0.71% 0.23% 0.23%
LRCX F 0.24% 0.17% 0.17%
MA C 1.36% 0.9% 0.9%
META D 2.89% 2.57% 2.57%
MGM D 0.23% 0.02% 0.02%
MMC B 0.53% 0.23% 0.23%
MMM D 0.19% 0.16% 0.16%
MRK F 0.96% 0.57% 0.57%
MSCI C 0.26% 0.03% 0.03%
MSFT F 5.66% 6.34% 5.66%
MSI B 0.43% 0.12% 0.12%
MU D 0.5% 0.25% 0.25%
NEE D 0.82% 0.34% 0.34%
NFLX A 1.28% 0.7% 0.7%
NOC D 0.6% 0.12% 0.12%
NOW A 0.5% 0.43% 0.43%
NRG B 0.09% 0.04% 0.04%
NSC B 0.11% 0.11% 0.11%
NUE C 0.36% 0.07% 0.07%
NVDA C 7.37% 7.23% 7.23%
ORCL B 0.04% 0.6% 0.04%
OXY D 0.15% 0.07% 0.07%
PCAR B 0.37% 0.14% 0.14%
PEP F 0.19% 0.51% 0.19%
PFE D 0.41% 0.35% 0.35%
PG A 0.8% 0.8% 0.8%
PGR A 0.67% 0.35% 0.35%
PM B 0.94% 0.44% 0.44%
PPG F 0.34% 0.05% 0.05%
PSA D 0.17% 0.08% 0.08%
PYPL B 0.72% 0.22% 0.22%
QCOM F 0.85% 0.4% 0.4%
QRVO F 0.06% 0.0% 0.0%
RSG A 0.23% 0.09% 0.09%
RTX C 0.28% 0.33% 0.28%
SCHW B 0.79% 0.26% 0.26%
SPG B 0.44% 0.11% 0.11%
SPGI C 0.21% 0.31% 0.21%
SYK C 0.24% 0.3% 0.24%
T A 0.71% 0.37% 0.37%
TJX A 0.72% 0.31% 0.31%
TMO F 0.38% 0.43% 0.38%
TMUS B 0.28% 0.28% 0.28%
TROW B 0.28% 0.05% 0.05%
TRV B 0.26% 0.11% 0.11%
TSLA B 1.27% 1.9% 1.27%
TT A 0.68% 0.18% 0.18%
TXT D 0.5% 0.04% 0.04%
UBER D 0.24% 0.33% 0.24%
UNH C 0.57% 1.16% 0.57%
UNP C 0.75% 0.33% 0.33%
V A 0.65% 1.01% 0.65%
VST B 0.14% 0.1% 0.1%
WFC A 0.28% 0.49% 0.28%
WM A 0.41% 0.18% 0.18%
WMT A 0.82% 0.74% 0.74%
XOM B 1.56% 1.13% 1.13%
ZBRA B 0.52% 0.01% 0.01%
FBUF Overweight 32 Positions Relative to SPYI
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 376 Positions Relative to SPYI
Symbol Grade Weight
ACN C -0.51%
AMD F -0.51%
KO D -0.49%
MCD D -0.47%
LIN D -0.46%
IBM C -0.44%
ISRG A -0.42%
VZ C -0.4%
TXN C -0.4%
MS A -0.38%
GS A -0.36%
DHR F -0.34%
LOW D -0.33%
HON B -0.32%
ETN A -0.3%
COP C -0.3%
VRTX F -0.29%
FI A -0.29%
BSX B -0.29%
BX A -0.28%
MDT D -0.27%
PLD D -0.25%
PANW C -0.25%
PLTR B -0.25%
SBUX A -0.25%
INTC D -0.24%
ADI D -0.24%
CB C -0.23%
DE A -0.23%
BLK C -0.23%
SO D -0.22%
MO A -0.22%
NKE D -0.21%
UPS C -0.21%
APH A -0.2%
GEV B -0.2%
MDLZ F -0.2%
ICE C -0.19%
KKR A -0.19%
DUK C -0.19%
USB A -0.18%
EQIX A -0.18%
GM B -0.18%
CDNS B -0.18%
BA F -0.17%
REGN F -0.17%
PNC B -0.17%
ELV F -0.17%
ZTS D -0.17%
EMR A -0.16%
PH A -0.16%
WELL A -0.16%
SHW A -0.16%
OKE A -0.15%
HLT A -0.15%
CARR D -0.15%
COF B -0.15%
WMB A -0.15%
CRWD B -0.15%
TGT F -0.15%
CEG D -0.14%
MCK B -0.14%
HCA F -0.14%
FCX D -0.14%
SLB C -0.14%
TFC A -0.14%
PSX C -0.13%
SRE A -0.13%
MPC D -0.13%
ABNB C -0.13%
NXPI D -0.13%
AFL B -0.13%
ADSK A -0.13%
SNPS B -0.13%
APD A -0.13%
GD F -0.13%
JCI C -0.13%
ROP B -0.12%
AIG B -0.12%
KMI A -0.12%
FIS C -0.12%
FDX B -0.12%
AJG B -0.12%
MAR B -0.12%
VLO C -0.11%
DLR B -0.11%
D C -0.11%
AEP D -0.11%
BKNG A -0.11%
MCO B -0.11%
MET A -0.11%
CPRT A -0.11%
AMP A -0.11%
DHI D -0.1%
PRU A -0.1%
RCL A -0.1%
BKR B -0.1%
CCI D -0.1%
PEG A -0.1%
FAST B -0.1%
DFS B -0.1%
PCG A -0.1%
NEM D -0.1%
ROST C -0.09%
GIS D -0.09%
EXC C -0.09%
ODFL B -0.09%
SYY B -0.09%
DAL C -0.09%
MNST C -0.09%
KVUE A -0.09%
CTVA C -0.09%
PAYX C -0.09%
EW C -0.09%
CTSH B -0.09%
PWR A -0.08%
DELL C -0.08%
O D -0.08%
MCHP D -0.08%
ACGL D -0.08%
YUM B -0.08%
OTIS C -0.08%
DD D -0.08%
A D -0.08%
TRGP B -0.08%
KMB D -0.08%
XEL A -0.08%
GLW B -0.08%
CHTR C -0.08%
CBRE B -0.08%
IQV D -0.08%
ALL A -0.08%
CMI A -0.08%
IR B -0.08%
HES B -0.08%
EIX B -0.07%
ON D -0.07%
ANSS B -0.07%
VRSK A -0.07%
GPN B -0.07%
EXR D -0.07%
GEHC F -0.07%
CNC D -0.07%
EA A -0.07%
LULU C -0.07%
IRM D -0.07%
DOW F -0.07%
LEN D -0.07%
HPQ B -0.07%
HIG B -0.07%
KDP D -0.07%
EBAY D -0.07%
VICI C -0.07%
FITB A -0.07%
RF A -0.06%
UAL A -0.06%
STZ D -0.06%
KHC F -0.06%
CCL B -0.06%
HBAN A -0.06%
TSCO D -0.06%
EFX F -0.06%
EQR B -0.06%
DXCM D -0.06%
STT A -0.06%
COR B -0.06%
HAL C -0.06%
FTV C -0.06%
WEC A -0.06%
ROK B -0.06%
ADM D -0.06%
ETR B -0.06%
CSGP D -0.06%
NDAQ A -0.06%
SYF B -0.06%
HUM C -0.06%
HPE B -0.06%
RJF A -0.06%
VMC B -0.06%
WTW B -0.06%
ZBH C -0.05%
SBAC D -0.05%
CHD B -0.05%
CFG B -0.05%
ORLY B -0.05%
DOV A -0.05%
WAB B -0.05%
ES D -0.05%
BRO B -0.05%
TDG D -0.05%
FE C -0.05%
DTE C -0.05%
WY D -0.05%
WBD C -0.05%
BR A -0.05%
NTAP C -0.05%
MTB A -0.05%
GDDY A -0.05%
VTR C -0.05%
PHM D -0.05%
PPL B -0.05%
XYL D -0.05%
AVB B -0.05%
RMD C -0.05%
AZO C -0.04%
VTRS A -0.04%
LYB F -0.04%
PFG D -0.04%
DRI B -0.04%
FICO B -0.04%
URI B -0.04%
WRB A -0.04%
KEYS A -0.04%
FSLR F -0.04%
BAX D -0.04%
TSN B -0.04%
IFF D -0.04%
BALL D -0.04%
MRO B -0.04%
AEE A -0.04%
WDC D -0.04%
BLDR D -0.04%
EXPE B -0.04%
KEY B -0.04%
CBOE B -0.04%
INVH D -0.04%
CMS C -0.04%
PTC A -0.04%
CDW F -0.04%
TRMB B -0.04%
CNP B -0.04%
TTWO A -0.04%
FANG D -0.04%
HSY F -0.04%
NTRS A -0.04%
VLTO D -0.04%
IP B -0.04%
LUV C -0.04%
CTRA B -0.04%
STE F -0.04%
LNT A -0.03%
ARE D -0.03%
DOC D -0.03%
MRNA F -0.03%
NCLH B -0.03%
EL F -0.03%
AXON A -0.03%
DLTR F -0.03%
EVRG A -0.03%
CAG D -0.03%
UDR B -0.03%
EXPD D -0.03%
HST C -0.03%
GPC D -0.03%
JBL B -0.03%
LYV A -0.03%
NI A -0.03%
LVS C -0.03%
AWK D -0.03%
DG F -0.03%
MKC D -0.03%
J F -0.03%
AMCR D -0.03%
STLD B -0.03%
MAS D -0.03%
GWW B -0.03%
HOLX D -0.03%
KIM A -0.03%
ATO A -0.03%
MAA B -0.03%
K A -0.03%
EQT B -0.03%
WST C -0.02%
HUBB B -0.02%
CZR F -0.02%
MOS F -0.02%
CPAY A -0.02%
TYL B -0.02%
LKQ D -0.02%
NVR D -0.02%
MTD D -0.02%
REG B -0.02%
IVZ B -0.02%
SOLV C -0.02%
TECH D -0.02%
DAY B -0.02%
MTCH D -0.02%
MPWR F -0.02%
KMX B -0.02%
HRL D -0.02%
BXP D -0.02%
LW C -0.02%
SWKS F -0.02%
L A -0.02%
CF B -0.02%
BG F -0.02%
SWK D -0.02%
FOXA B -0.02%
ERIE D -0.02%
AKAM D -0.02%
AES F -0.02%
BBY D -0.02%
SW A -0.02%
TPR B -0.02%
ROL B -0.02%
NWSA B -0.02%
STX D -0.02%
ALB C -0.02%
IPG D -0.02%
JNPR F -0.02%
MLM B -0.02%
APTV D -0.02%
OMC C -0.02%
IT C -0.02%
DECK A -0.02%
PNR A -0.02%
TER D -0.02%
FRT B -0.01%
HII D -0.01%
RVTY F -0.01%
CPT B -0.01%
TFX F -0.01%
MKTX D -0.01%
CRL C -0.01%
PAYC B -0.01%
AIZ A -0.01%
DGX A -0.01%
GNRC B -0.01%
JKHY D -0.01%
UHS D -0.01%
VRSN F -0.01%
JBHT C -0.01%
POOL C -0.01%
NDSN B -0.01%
AVY D -0.01%
EPAM C -0.01%
FFIV B -0.01%
ALGN D -0.01%
FOX A -0.01%
DPZ C -0.01%
SMCI F -0.01%
EG C -0.01%
IEX B -0.01%
CPB D -0.01%
PKG A -0.01%
LH C -0.01%
PARA C -0.01%
MOH F -0.01%
FDS B -0.01%
PODD C -0.01%
ULTA F -0.01%
SNA A -0.01%
ESS B -0.01%
BEN C -0.01%
APA D -0.01%
ENPH F -0.01%
CTLT B -0.01%
HAS D -0.01%
WBA F -0.01%
WAT B -0.01%
TDY B -0.01%
BWA D -0.01%
TAP C -0.01%
MHK D -0.0%
DVA B -0.0%
RL B -0.0%
NWS B -0.0%
FMC D -0.0%
HSIC B -0.0%
AOS F -0.0%
CE F -0.0%
WYNN D -0.0%
PNW B -0.0%
EMN D -0.0%
SJM D -0.0%
CHRW C -0.0%
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