FMAT vs. AUSF ETF Comparison

Comparison of Fidelity MSCI Materials Index ETF (FMAT) to Global X Adaptive U.S. Factor ETF (AUSF)

FMAT

Fidelity MSCI Materials Index ETF

FMAT Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Materials Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$49.37

Average Daily Volume

39,384

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

AUSF

Global X Adaptive U.S. Factor ETF

AUSF Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Factor Index (the "index"). The fund invests at least 80% of its total assets in the securities of the index. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.46

Average Daily Volume

30,530

Number of Holdings ^*

188

* may have additional holdings in another (foreign) market

Performance

Period	FMAT	AUSF
30 Days	-3.53%	0.29%
60 Days	-1.50%	0.92%
90 Days	-5.38%	-2.89%
12 Months	10.22%	28.88%

14 Overlapping Holdings

Symbol	Grade	Weight in FMAT	Weight in AUSF	Overlap
ALB	F	0.87%	0.4%	0.4%
ATR	D	0.72%	0.08%	0.08%
CE	F	1.15%	0.43%	0.43%
CMC	C	0.44%	0.46%	0.44%
EMN	C	0.86%	0.5%	0.5%
FMC	D	0.51%	0.47%	0.47%
IP	B	1.13%	0.65%	0.65%
LIN	B	15.74%	1.44%	1.44%
LYB	C	1.84%	0.46%	0.46%
MOS	D	0.65%	0.44%	0.44%
NEU	F	0.28%	0.06%	0.06%
PKG	B	1.24%	0.07%	0.07%
SON	D	0.42%	0.08%	0.08%
X	D	0.62%	0.46%	0.46%

FMAT Overweight 95 Positions Relative to AUSF

Symbol	Grade	Weight
SHW	D	5.38%
FCX	D	5.08%
ECL	B	4.65%
APD	C	4.53%
NEM	B	3.58%
DOW	D	2.89%
NUE	F	2.78%
CTVA	C	2.69%
MLM	D	2.56%
VMC	D	2.51%
DD	B	2.5%
PPG	D	2.23%
IFF	B	1.82%
BALL	D	1.45%
STLD	C	1.39%
AVY	B	1.36%
RS	D	1.21%
RPM	D	1.07%
AMCR	B	1.07%
CF	D	1.02%
WRK	D	0.95%
CCK	F	0.69%
GPK	D	0.63%
RGLD	C	0.6%
EXP	D	0.58%
AXTA	C	0.57%
CLF	D	0.54%
BERY	D	0.52%
ATI	C	0.51%
AA	D	0.5%
ESI	B	0.48%
OLN	F	0.44%
LPX	C	0.43%
WLK	D	0.43%
CBT	D	0.4%
SEE	C	0.39%
BCPC	B	0.37%
CRS	B	0.37%
SUM	D	0.34%
ASH	D	0.34%
FUL	D	0.32%
AVNT	D	0.3%
KNF	C	0.29%
SLGN	D	0.28%
HUN	F	0.28%
CC	F	0.26%
AMR	F	0.25%
HCC	D	0.25%
HL	D	0.23%
IOSP	D	0.23%
SXT	C	0.2%
ARCH	F	0.2%
MTX	B	0.2%
SMG	C	0.2%
KWR	D	0.18%
SLVM	B	0.18%
MTRN	F	0.16%
TROX	D	0.16%
CDE	B	0.16%
ASPN	C	0.14%
SCL	D	0.14%
MP	F	0.14%
OI	F	0.13%
HWKN	B	0.13%
KALU	D	0.11%
NGVT	D	0.11%
GEF	F	0.11%
OEC	F	0.1%
TRS	D	0.08%
ECVT	F	0.08%
PRM	B	0.08%
MATV	D	0.07%
WS	C	0.07%
HAYN	C	0.06%
SXC	D	0.06%
KOP	F	0.06%
USLM	B	0.06%
CLW	B	0.06%
CENX	D	0.06%
ASIX	F	0.05%
RYI	F	0.05%
IE	F	0.05%
PCT	C	0.05%
PTVE	F	0.04%
MERC	D	0.03%
CMP	F	0.03%
RDUS	F	0.03%
LXU	F	0.03%
GATO	D	0.03%
MYE	F	0.03%
DNA	F	0.03%
ZEUS	F	0.03%
PACK	C	0.02%
GEF	F	0.02%
KRO	C	0.02%

FMAT Underweight 174 Positions Relative to AUSF

Symbol	Grade	Weight
VZ	B	-1.94%
IBM	C	-1.85%
T	A	-1.83%
WMT	A	-1.68%
TMUS	B	-1.61%
MMC	B	-1.57%
AJG	B	-1.57%
GD	C	-1.55%
ROP	A	-1.51%
BRK.A	C	-1.51%
MRK	B	-1.51%
LMT	A	-1.5%
JNJ	F	-1.49%
V	D	-1.49%
RSG	A	-1.48%
WM	A	-1.47%
ACI	F	-1.41%
CME	D	-1.32%
EA	B	-1.29%
DOX	D	-1.24%
CSCO	C	-1.24%
MCD	D	-1.23%
VRSN	C	-1.19%
NSIT	C	-1.13%
KO	A	-1.1%
PEP	D	-0.97%
PG	A	-0.92%
CBOE	D	-0.85%
BR	B	-0.8%
GLW	B	-0.63%
WMB	B	-0.63%
GILD	C	-0.63%
HPQ	B	-0.63%
HPE	B	-0.62%
DTM	A	-0.62%
KMI	B	-0.62%
MO	B	-0.62%
BBY	B	-0.59%
GPS	C	-0.58%
SNX	C	-0.56%
KBH	B	-0.56%
OGN	B	-0.56%
TXN	B	-0.56%
CRBG	C	-0.55%
GM	B	-0.55%
AVT	C	-0.55%
SYF	B	-0.55%
JXN	C	-0.55%
AME	D	-0.55%
MTG	B	-0.54%
ALLY	B	-0.54%
AGNC	B	-0.53%
PFE	C	-0.53%
CHE	D	-0.53%
MTB	C	-0.52%
AM	B	-0.52%
WAL	C	-0.52%
ETRN	D	-0.52%
ABG	C	-0.52%
OMF	D	-0.51%
ARW	D	-0.51%
ZION	C	-0.51%
C	C	-0.51%
OKE	B	-0.51%
CFG	D	-0.51%
ONB	C	-0.51%
LBRDK	C	-0.51%
FITB	D	-0.51%
RDN	B	-0.51%
COLB	D	-0.51%
STWD	D	-0.5%
CADE	C	-0.5%
MAN	D	-0.5%
BKR	B	-0.5%
WFC	D	-0.5%
FHN	C	-0.5%
PNC	D	-0.5%
RF	C	-0.49%
UAL	D	-0.49%
UNM	C	-0.49%
COF	D	-0.49%
MDT	D	-0.49%
ADM	F	-0.49%
FNB	C	-0.49%
NOV	C	-0.48%
BG	B	-0.48%
BMY	F	-0.48%
USB	C	-0.48%
F	C	-0.48%
PB	C	-0.48%
AL	C	-0.47%
M	C	-0.47%
RPRX	D	-0.47%
CHK	D	-0.47%
MCK	B	-0.47%
UBSI	D	-0.47%
CMCSA	D	-0.47%
KRC	F	-0.47%
KEY	C	-0.46%
CAG	D	-0.46%
SIG	F	-0.46%
CMA	C	-0.46%
LAD	F	-0.46%
HBAN	C	-0.46%
VTRS	D	-0.45%
CIVI	D	-0.45%
CHRD	C	-0.45%
OZK	D	-0.45%
WBS	D	-0.44%
CVS	D	-0.43%
KHC	D	-0.43%
BCC	F	-0.43%
PTEN	D	-0.43%
INTC	F	-0.42%
PRGO	F	-0.42%
AGCO	F	-0.42%
HP	D	-0.4%
TAP	F	-0.39%
AMGN	B	-0.32%
YUM	D	-0.29%
PSX	C	-0.24%
DGX	D	-0.24%
LLY	A	-0.2%
CACI	A	-0.18%
PGR	C	-0.17%
EME	C	-0.17%
ABBV	B	-0.15%
CHD	C	-0.14%
COST	B	-0.13%
KR	D	-0.12%
TW	C	-0.12%
SNA	D	-0.12%
SO	B	-0.11%
CASY	A	-0.11%
ED	D	-0.1%
AFL	B	-0.1%
LDOS	B	-0.1%
SAIC	D	-0.1%
RTX	D	-0.1%
WRB	B	-0.1%
DUK	D	-0.1%
TRV	D	-0.1%
REGN	B	-0.09%
VRSK	A	-0.09%
KMB	B	-0.09%
TJX	A	-0.09%
HON	A	-0.09%
VRTX	B	-0.09%
ORI	C	-0.09%
GRMN	B	-0.09%
AAPL	B	-0.09%
CAH	D	-0.09%
ORLY	B	-0.08%
QGEN	D	-0.08%
ADP	D	-0.08%
L	D	-0.08%
HIG	B	-0.08%
MDLZ	D	-0.08%
NOC	D	-0.08%
CVX	C	-0.08%
BSX	A	-0.08%
DRI	C	-0.08%
ICE	A	-0.08%
BDX	D	-0.08%
MSI	A	-0.08%
PNW	C	-0.08%
XOM	C	-0.08%
HII	D	-0.08%
DLB	D	-0.07%
FDS	D	-0.07%
AKAM	F	-0.07%
UNH	D	-0.07%
MA	D	-0.07%
PCAR	D	-0.06%