FCPI vs. MPAY ETF Comparison

Comparison of Fidelity Stocks for Inflation ETF (FCPI) to Akros Monthly Payout ETF (MPAY)

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

$46.12

Average Daily Volume

22,278

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

MPAY

Akros Monthly Payout ETF

MPAY Description

MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.

Grade (RS Rating)

Last Trade

$25.89

Average Daily Volume

811

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCPI	MPAY
30 Days	5.93%	1.35%
60 Days	6.96%	0.61%
90 Days	8.65%	2.24%
12 Months	39.44%	24.38%

17 Overlapping Holdings

Symbol	Grade	Weight in FCPI	Weight in MPAY	Overlap
AAPL	C	5.11%	5.94%	5.11%
ABBV	D	1.45%	1.45%	1.45%
ABNB	C	0.32%	1.23%	0.32%
AMAT	F	0.38%	1.45%	0.38%
AMZN	C	1.95%	4.97%	1.95%
BKNG	A	0.52%	1.26%	0.52%
CAT	B	0.63%	1.28%	0.63%
DELL	C	0.29%	1.02%	0.29%
GOOGL	C	1.45%	4.73%	1.45%
HCA	F	1.07%	1.28%	1.07%
KLAC	D	0.28%	1.32%	0.28%
LLY	F	2.02%	3.04%	2.02%
MSFT	F	4.79%	5.7%	4.79%
NFLX	A	0.33%	1.44%	0.33%
NVDA	C	5.6%	6.38%	5.6%
QCOM	F	0.44%	1.36%	0.44%
V	A	1.13%	1.77%	1.13%

FCPI Overweight 84 Positions Relative to MPAY

Symbol	Grade	Weight
VST	B	4.0%
TPL	A	3.42%
CF	B	2.69%
STLD	B	2.59%
NRG	B	2.51%
NUE	C	2.2%
PG	A	2.18%
AM	A	2.11%
BRBR	A	2.07%
SPG	B	2.02%
MPC	D	1.86%
VLO	C	1.81%
MO	A	1.75%
VICI	C	1.73%
HST	C	1.71%
KMB	D	1.47%
CL	D	1.45%
COKE	C	1.42%
AVGO	D	1.27%
UTHR	C	1.19%
CI	F	1.18%
MCK	B	1.17%
THC	D	1.09%
RPRX	D	0.98%
UHS	D	0.97%
META	D	0.96%
ELV	F	0.94%
APP	B	0.92%
MEDP	D	0.89%
REGN	F	0.85%
PGR	A	0.78%
AMP	A	0.75%
COF	B	0.72%
C	A	0.7%
SYF	B	0.7%
DFS	B	0.69%
FIX	A	0.61%
RNR	C	0.6%
JXN	C	0.6%
EME	C	0.6%
HIG	B	0.59%
CRBG	B	0.57%
MLI	C	0.55%
RGA	A	0.54%
MTG	C	0.52%
IBM	C	0.51%
LDOS	C	0.48%
CSL	C	0.46%
OC	A	0.45%
BCC	B	0.43%
PANW	C	0.43%
CRWD	B	0.42%
FICO	B	0.37%
ANET	C	0.36%
WSM	B	0.35%
APH	A	0.35%
MU	D	0.35%
EBAY	D	0.32%
DOCU	A	0.31%
TOL	B	0.31%
LRCX	F	0.3%
GDDY	A	0.3%
ZM	B	0.29%
PHM	D	0.29%
ANF	C	0.27%
ATKR	C	0.27%
HRB	D	0.27%
NXPI	D	0.26%
GEN	B	0.25%
CVLT	B	0.24%
ACIW	B	0.24%
GAP	C	0.24%
NTAP	C	0.23%
DBX	B	0.23%
QLYS	C	0.21%
DIS	B	0.19%
ONTO	D	0.19%
CRUS	D	0.17%
SWKS	F	0.17%
T	A	0.16%
CMCSA	B	0.16%
VZ	C	0.16%
TMUS	B	0.13%
PINS	D	0.04%

FCPI Underweight 34 Positions Relative to MPAY

Symbol	Grade	Weight
GLDM	C	-3.6%
IAUM	C	-3.36%
WMT	A	-2.21%
TSLA	B	-1.83%
ORCL	B	-1.78%
COST	B	-1.77%
MA	C	-1.76%
UNH	C	-1.74%
HD	A	-1.74%
ADBE	C	-1.57%
XOM	B	-1.55%
MRK	F	-1.53%
NOW	A	-1.46%
JNJ	D	-1.46%
CRM	B	-1.43%
LOW	D	-1.37%
ACN	C	-1.34%
CVX	A	-1.32%
MCD	D	-1.31%
INTU	C	-1.3%
FTNT	C	-1.28%
TJX	A	-1.28%
CSCO	B	-1.28%
PM	B	-1.27%
LIN	D	-1.27%
PEP	F	-1.25%
NKE	D	-1.25%
ADP	B	-1.24%
AZO	C	-1.24%
TXN	C	-1.23%
ABT	B	-1.23%
LMT	D	-1.23%
UPS	C	-1.22%
RTX	C	-1.19%