FFSM vs. XHYH ETF Comparison

Comparison of Fidelity Fundamental Small-Mid Cap ETF (FFSM) to BondBloxx USD High Yield Bond Healthcare Sector ETF (XHYH)

FFSM

Fidelity Fundamental Small-Mid Cap ETF

FFSM Description

FFSM discloses holdings only on a monthly basis with a 30-day lag. The fund actively selects global mid- and small-cap companies with both growth and value factors. The portfolio is selected using fundamental and quantitative analysis, considering factors such as issuer's financial health and industry position, as well as the overall economic condition. The fund has a Tracking Basket Structure in place, which acts as a proxy portfolio that includes some of the funds holdings from recent disclosure, significant portion of the funds holdings, and cash. This is designed to track the funds daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads. Before February 26, 2024, the fund traded as Fidelity Small-Mid Cap Opportunities ETF under the ticker FSMO.

Grade (RS Rating)

Last Trade

$25.13

Average Daily Volume

20,719

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

XHYH

BondBloxx USD High Yield Bond Healthcare Sector ETF

XHYH Description

The BondBloxx USD High Yield Bond Healthcare Sector ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds in the healthcare sector. The Fund is newly organized, non-diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Healthcare Index, which is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds that contains issuers from the healthcare sector, including the health facilities, health services, managed care, medical products, and pharmaceuticals sub-sectors.

Grade (RS Rating)

Last Trade

$34.71

Average Daily Volume

18,467

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FFSM	XHYH
30 Days	-2.14%	1.19%
60 Days	0.46%	3.19%
90 Days	-4.16%	2.82%
12 Months	18.27%	12.39%

7 Overlapping Holdings

Symbol	Grade	Weight in FFSM	Weight in XHYH	Overlap
ACHC	D	0.67%	0.64%	0.64%
CRL	F	0.66%	0.96%	0.66%
HOLX	C	0.59%	0.39%	0.39%
ICLR	B	0.11%	0.36%	0.11%
MOH	F	1.21%	0.5%	0.5%
OMI	F	0.28%	0.36%	0.28%
PBH	C	0.07%	0.58%	0.07%

FFSM Overweight 151 Positions Relative to XHYH

Symbol	Grade	Weight
VRT	D	1.71%
FTI	C	1.68%
EME	C	1.65%
AR	D	1.58%
TPX	D	1.49%
AZO	B	1.47%
ACGL	B	1.33%
MUSA	B	1.27%
UHS	A	1.23%
BJ	B	1.22%
CROX	B	1.17%
ITT	D	1.14%
PFGC	D	1.11%
RRX	F	1.09%
EXP	D	1.08%
LPLA	B	1.06%
USFD	B	1.05%
CR	B	1.01%
FN	B	0.99%
DKS	B	0.98%
NSIT	C	0.98%
DOX	D	0.98%
WHD	B	0.97%
CACI	A	0.96%
XPO	D	0.96%
CHDN	A	0.94%
DFS	C	0.89%
ORI	C	0.89%
LNG	B	0.88%
AIZ	D	0.88%
ATKR	F	0.87%
AME	D	0.85%
SNX	C	0.83%
NXST	C	0.82%
JLL	B	0.81%
AYI	D	0.81%
BC	F	0.81%
AIT	C	0.79%
VNT	D	0.79%
BECN	D	0.76%
FAF	D	0.75%
ASGN	D	0.75%
TGLS	C	0.74%
GVA	B	0.74%
ON	F	0.72%
STX	B	0.72%
SN	B	0.72%
MEDP	A	0.72%
PVH	F	0.71%
PCG	D	0.7%
CC	F	0.69%
GPK	D	0.68%
CNM	D	0.68%
KBR	C	0.67%
ALSN	D	0.66%
FCNCA	C	0.66%
AEIS	C	0.66%
ACM	C	0.66%
AES	C	0.65%
RGA	B	0.65%
STLD	C	0.64%
CMC	C	0.64%
SNV	C	0.63%
PNFP	D	0.63%
HLI	C	0.63%
G	D	0.63%
BOOT	B	0.63%
DT	F	0.61%
FSS	D	0.59%
VTR	A	0.59%
PRI	B	0.59%
MMS	B	0.59%
MTSI	A	0.58%
CAH	D	0.58%
WBS	D	0.58%
CADE	C	0.58%
RJF	C	0.57%
CIEN	C	0.56%
CBT	D	0.54%
KBH	B	0.54%
TENB	D	0.54%
LBRT	D	0.54%
OLN	F	0.54%
PGNY	D	0.53%
ESI	B	0.52%
AFG	D	0.52%
WTFC	C	0.51%
EXLS	C	0.5%
LPX	C	0.5%
HAYW	F	0.5%
TEX	D	0.5%
EPRT	B	0.48%
BCO	B	0.47%
OI	F	0.47%
LSCC	F	0.45%
CACC	D	0.44%
BOKF	C	0.44%
CHX	C	0.43%
EBC	C	0.43%
LEA	F	0.4%
ASO	F	0.4%
TMDX	A	0.4%
CWK	C	0.39%
WSC	F	0.39%
NOMD	D	0.39%
FIBK	C	0.38%
NOG	C	0.38%
FROG	C	0.37%
ICHR	C	0.37%
FBP	B	0.35%
ALGM	D	0.34%
CNXC	D	0.34%
LITE	B	0.34%
ESGR	B	0.34%
DOOO	D	0.34%
FLEX	C	0.33%
FIVN	F	0.33%
LAUR	C	0.33%
DIOD	F	0.33%
RUSHA	F	0.32%
ARGX	B	0.31%
LCII	F	0.29%
EAT	B	0.28%
PRO	D	0.28%
MTB	C	0.27%
RGEN	D	0.24%
HELE	F	0.21%
IBTX	B	0.21%
KFRC	D	0.2%
CSTM	D	0.19%
CRNX	D	0.18%
PATK	C	0.18%
XPRO	B	0.17%
MDGL	B	0.16%
INSM	B	0.15%
CYTK	D	0.15%
VCEL	C	0.14%
ECPG	F	0.13%
CLDX	C	0.12%
NUVL	C	0.11%
ACLX	C	0.1%
PCVX	B	0.09%
XENE	D	0.09%
AXSM	B	0.09%
TCBK	B	0.07%
ARVN	D	0.06%
TXG	F	0.04%
MORF	C	0.04%
ZNTL	F	0.02%
KROS	F	0.02%
ALXO	F	0.01%

FFSM Underweight 26 Positions Relative to XHYH

Symbol	Grade	Weight
IQV	D	-1.43%
JAZZ	F	-0.98%
DVA	B	-0.91%
EM	C	-0.9%
CNC	D	-0.8%
PRGO	F	-0.76%
SEM	A	-0.75%
AVTR	D	-0.73%
EHC	B	-0.72%
HCA	A	-0.7%
TFX	D	-0.64%
AMN	F	-0.63%
CYH	D	-0.59%
ELAN	C	-0.55%
CCSI	D	-0.52%
SCI	B	-0.51%
THC	B	-0.5%
CASH	B	-0.43%
OPCH	F	-0.37%
MD	F	-0.37%
HQY	B	-0.36%
MODV	D	-0.35%
CTLT	B	-0.35%
CSV	C	-0.24%
EBS	B	-0.22%
VREX	F	-0.14%