FCPI vs. CNAV ETF Comparison

Comparison of Fidelity Stocks for Inflation ETF (FCPI) to Mohr Company Nav ETF (CNAV)

FCPI

Fidelity Stocks for Inflation ETF

FCPI Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Stocks for Inflation Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Stocks for Inflation Factor Index℠, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles and positive momentum signals, emphasizing industries that tend to outperform in inflationary environments.

Grade (RS Rating)

Last Trade

$46.11

Average Daily Volume

21,816

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

CNAV

Mohr Company Nav ETF

CNAV Description

CNAV scans for opportunities across all 11 sectors of the S&P 500, in attempt to navigate significant market value fluctuations. The portfolio may focus on just 50 stocks and rebalances whenever a holding exceeds 10% of total assets. Stock selection follows a top-down, tactical approach, evaluating price movements of individual stocks and over 117 sub-industries within the S&P 500 index. The fund holds the strongest-performing stocks when industry data trends are favorable. Conversely, when an industry shows a negative trend, it reallocates to other industries or moves into money market funds. Due to frequent trading, the fund is expected to experience a high portfolio turnover rate and is designed for investors who can withstand large principal value fluctuations.

Grade (RS Rating)

Last Trade

$28.33

Average Daily Volume

20,711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCPI	CNAV
30 Days	4.13%	10.71%
60 Days	6.78%
90 Days	7.89%
12 Months	38.46%

4 Overlapping Holdings

Symbol	Grade	Weight in FCPI	Weight in CNAV	Overlap
APP	B	0.82%	7.13%	0.82%
PGR	A	0.79%	3.06%	0.79%
V	A	1.14%	3.41%	1.14%
VST	A	3.66%	3.5%	3.5%

FCPI Overweight 97 Positions Relative to CNAV

Symbol	Grade	Weight
NVDA	B	5.66%
AAPL	C	4.98%
MSFT	D	4.85%
TPL	A	3.3%
STLD	B	2.59%
CF	A	2.51%
NRG	B	2.45%
NUE	C	2.27%
LLY	F	2.18%
AM	A	2.1%
PG	C	2.1%
AMZN	C	2.0%
BRBR	A	1.99%
SPG	A	1.98%
MPC	D	1.8%
HST	C	1.76%
VLO	C	1.74%
MO	A	1.7%
VICI	C	1.67%
GOOGL	C	1.49%
ABBV	F	1.47%
KMB	C	1.42%
CL	D	1.41%
COKE	C	1.41%
AVGO	D	1.37%
UTHR	C	1.3%
CI	D	1.23%
THC	D	1.18%
MCK	A	1.16%
HCA	F	1.12%
UHS	D	1.01%
META	D	0.99%
MEDP	D	0.98%
ELV	F	0.97%
RPRX	D	0.96%
REGN	F	0.93%
COF	C	0.74%
AMP	A	0.74%
SYF	B	0.71%
DFS	B	0.71%
C	A	0.7%
JXN	C	0.66%
CAT	B	0.65%
LDOS	C	0.59%
RNR	C	0.59%
FIX	A	0.59%
EME	A	0.59%
HIG	B	0.58%
MLI	B	0.57%
CRBG	B	0.57%
RGA	A	0.54%
BKNG	A	0.52%
MTG	C	0.52%
IBM	C	0.5%
CSL	C	0.48%
QCOM	F	0.46%
BCC	B	0.44%
OC	A	0.44%
PANW	B	0.43%
CRWD	B	0.41%
AMAT	F	0.41%
MU	D	0.37%
FICO	B	0.37%
ANET	C	0.37%
APH	A	0.35%
ABNB	C	0.32%
DOCU	B	0.32%
EBAY	D	0.32%
LRCX	F	0.32%
TOL	B	0.31%
ZM	C	0.31%
DELL	B	0.3%
NFLX	A	0.3%
KLAC	F	0.3%
ATKR	D	0.3%
HRB	D	0.29%
PHM	D	0.29%
GDDY	A	0.29%
ANF	F	0.27%
GEN	B	0.26%
GAP	C	0.26%
NXPI	D	0.26%
ACIW	B	0.25%
WSM	C	0.25%
DBX	B	0.24%
NTAP	C	0.23%
CVLT	B	0.23%
QLYS	B	0.22%
ONTO	F	0.21%
SWKS	F	0.18%
DIS	B	0.17%
CRUS	D	0.17%
VZ	C	0.16%
CMCSA	B	0.16%
T	A	0.15%
TMUS	B	0.13%
PINS	F	0.04%

FCPI Underweight 26 Positions Relative to CNAV

Symbol	Grade	Weight
AXON	A	-4.5%
VRT	B	-3.68%
DAY	B	-3.67%
DASH	B	-3.63%
GPN	B	-3.61%
FTNT	C	-3.6%
LW	C	-3.47%
NTNX	B	-3.46%
TRV	B	-3.36%
FFIV	B	-3.3%
CAH	B	-3.29%
IOT	A	-3.27%
WDAY	B	-3.2%
MA	B	-3.17%
CMG	B	-3.1%
DRI	B	-3.05%
DT	D	-3.03%
WFC	A	-2.98%
MCD	D	-2.92%
SBAC	D	-2.82%
BLDR	D	-2.8%
NOC	D	-2.73%
NKE	F	-2.69%
MDLZ	F	-2.67%
CEG	C	-2.59%
ERIE	D	-2.31%