FCPI vs. SPHD ETF Comparison

Comparison of Fidelity Stocks for Inflation ETF (FCPI) to PowerShares S&P 500 High Dividend Portfolio (SPHD)

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

$46.05

Average Daily Volume

22,278

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

SPHD

PowerShares S&P 500 High Dividend Portfolio

SPHD Description

The PowerShares S&P 500® High Dividend Portfolio (the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility High Dividend Index (the “Underlying Index”). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. Standard & Poor’s® compiles, maintains and calculates the Underlying Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July

Grade (RS Rating)

Last Trade

$51.32

Average Daily Volume

656,652

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCPI	SPHD
30 Days	5.93%	1.23%
60 Days	6.96%	2.34%
90 Days	8.65%	5.44%
12 Months	39.44%	33.65%

8 Overlapping Holdings

Symbol	Grade	Weight in FCPI	Weight in SPHD	Overlap
ABBV	D	1.45%	1.37%	1.37%
HST	C	1.71%	1.82%	1.71%
IBM	C	0.51%	1.77%	0.51%
MO	A	1.75%	3.1%	1.75%
SPG	B	2.02%	2.46%	2.02%
T	A	0.16%	2.72%	0.16%
VICI	C	1.73%	2.42%	1.73%
VZ	C	0.16%	2.68%	0.16%

FCPI Overweight 93 Positions Relative to SPHD

Symbol	Grade	Weight
NVDA	C	5.6%
AAPL	C	5.11%
MSFT	F	4.79%
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%
LLY	F	2.02%
AMZN	C	1.95%
MPC	D	1.86%
VLO	C	1.81%
KMB	D	1.47%
GOOGL	C	1.45%
CL	D	1.45%
COKE	C	1.42%
AVGO	D	1.27%
UTHR	C	1.19%
CI	F	1.18%
MCK	B	1.17%
V	A	1.13%
THC	D	1.09%
HCA	F	1.07%
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%
CAT	B	0.63%
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%
BKNG	A	0.52%
MTG	C	0.52%
LDOS	C	0.48%
CSL	C	0.46%
OC	A	0.45%
QCOM	F	0.44%
BCC	B	0.43%
PANW	C	0.43%
CRWD	B	0.42%
AMAT	F	0.38%
FICO	B	0.37%
ANET	C	0.36%
WSM	B	0.35%
APH	A	0.35%
MU	D	0.35%
NFLX	A	0.33%
EBAY	D	0.32%
ABNB	C	0.32%
DOCU	A	0.31%
TOL	B	0.31%
LRCX	F	0.3%
GDDY	A	0.3%
ZM	B	0.29%
DELL	C	0.29%
PHM	D	0.29%
KLAC	D	0.28%
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%
CMCSA	B	0.16%
TMUS	B	0.13%
PINS	D	0.04%

FCPI Underweight 42 Positions Relative to SPHD

Symbol	Grade	Weight
BMY	B	-2.97%
KMI	A	-2.93%
CCI	D	-2.52%
OKE	A	-2.52%
D	C	-2.38%
PM	B	-2.32%
WMB	A	-2.28%
KVUE	A	-2.26%
K	A	-2.26%
GILD	C	-2.24%
ETR	B	-2.21%
EVRG	A	-2.18%
O	D	-2.14%
PFE	D	-2.13%
AMCR	D	-2.06%
PNW	B	-2.02%
VTRS	A	-2.01%
UPS	C	-1.98%
KHC	F	-1.94%
WEC	A	-1.93%
ES	D	-1.9%
LYB	F	-1.88%
EIX	B	-1.84%
CAG	D	-1.84%
FRT	B	-1.84%
EXC	C	-1.8%
DOW	F	-1.8%
PRU	A	-1.78%
FE	C	-1.75%
IPG	D	-1.75%
DRI	B	-1.69%
CSCO	B	-1.68%
DUK	C	-1.68%
CVX	A	-1.65%
MDT	D	-1.55%
GIS	D	-1.49%
SJM	D	-1.48%
OMC	C	-1.43%
HRL	D	-1.42%
XOM	B	-1.39%
EMN	D	-1.38%
JNJ	D	-1.3%