FMAT vs. FTWO ETF Comparison

Comparison of Fidelity MSCI Materials Index ETF (FMAT) to Strive FAANG 2.0 ETF (FTWO)

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

$54.01

Average Daily Volume

33,943

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

FTWO

Strive FAANG 2.0 ETF

FTWO Description

The fund seeks to track the investment results of the index, which measures the performance of companies that are engaged in national security and natural resource security as defined by Bloomberg. The index includes large- and mid-capitalization companies. Under normal circumstances, at least 80% of the fund"s total assets (exclusive of collateral held from securities lending) will be invested in the FAANG Sectors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.83

Average Daily Volume

20,044

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMAT	FTWO
30 Days	0.02%	-0.69%
60 Days	1.58%	2.91%
90 Days	3.81%	9.74%
12 Months	21.02%	32.13%

7 Overlapping Holdings

Symbol	Grade	Weight in FMAT	Weight in FTWO	Overlap
CF	B	1.1%	1.35%	1.1%
CTVA	C	2.81%	3.38%	2.81%
FCX	D	4.36%	4.09%	4.09%
FMC	D	0.49%	0.6%	0.49%
MOS	F	0.59%	0.73%	0.59%
NEM	D	3.29%	3.1%	3.1%
RGLD	C	0.65%	0.61%	0.61%

FMAT Overweight 103 Positions Relative to FTWO

Symbol	Grade	Weight
LIN	D	15.3%
SHW	A	6.57%
APD	A	4.93%
ECL	D	4.47%
VMC	B	2.62%
MLM	B	2.54%
NUE	C	2.46%
DD	D	2.44%
DOW	F	2.2%
PPG	F	2.03%
SW	A	1.84%
IFF	D	1.6%
LYB	F	1.51%
PKG	A	1.49%
STLD	B	1.44%
BALL	D	1.35%
IP	B	1.32%
RS	B	1.25%
RPM	A	1.23%
AVY	D	1.13%
AMCR	D	1.03%
ALB	C	0.84%
EMN	D	0.83%
ATR	B	0.81%
CCK	C	0.76%
EXP	A	0.73%
AA	B	0.68%
AXTA	A	0.63%
GPK	C	0.61%
CE	F	0.57%
CRS	A	0.57%
X	C	0.57%
BERY	B	0.53%
LPX	B	0.51%
ATI	D	0.49%
CMC	B	0.48%
ESI	A	0.46%
SUM	B	0.42%
CBT	C	0.42%
CLF	F	0.4%
BCPC	B	0.4%
KNF	A	0.36%
SON	D	0.35%
OLN	D	0.35%
SEE	C	0.35%
WLK	D	0.34%
AVNT	B	0.33%
SLGN	A	0.32%
FUL	F	0.29%
NEU	C	0.27%
ASH	D	0.26%
HCC	B	0.24%
HL	D	0.23%
HUN	F	0.22%
SMG	D	0.22%
SLVM	B	0.21%
IOSP	B	0.21%
SXT	B	0.2%
ARCH	B	0.2%
CC	C	0.2%
AMR	C	0.18%
MTX	B	0.18%
MTRN	C	0.17%
KWR	C	0.17%
HWKN	B	0.17%
CDE	D	0.17%
MP	B	0.16%
OI	C	0.14%
GEF	A	0.12%
PRM	C	0.12%
SCL	C	0.12%
NGVT	B	0.11%
USLM	A	0.11%
WS	B	0.1%
TROX	D	0.09%
PCT	C	0.09%
KALU	C	0.09%
CENX	B	0.08%
ASPN	F	0.07%
TRS	B	0.07%
OEC	C	0.07%
SXC	A	0.07%
KOP	C	0.06%
ASIX	A	0.06%
ECVT	C	0.06%
MATV	D	0.05%
GATO	D	0.05%
IE	C	0.05%
RYI	C	0.05%
HAYN	C	0.05%
PTVE	B	0.04%
MTUS	C	0.04%
METC	C	0.03%
MYE	F	0.03%
ZEUS	C	0.03%
CMP	C	0.03%
CLW	F	0.03%
LXU	B	0.03%
RDUS	C	0.03%
MERC	F	0.02%
KRO	D	0.02%
PACK	B	0.02%
GEF	A	0.02%

FMAT Underweight 31 Positions Relative to FTWO

Symbol	Grade	Weight
CEG	D	-13.94%
DE	A	-8.77%
XOM	B	-7.66%
GE	D	-3.99%
CVX	A	-3.93%
RTX	C	-3.42%
LMT	D	-2.77%
BWXT	B	-2.3%
GOLD	D	-1.94%
COP	C	-1.88%
BA	F	-1.84%
GD	F	-1.51%
TDG	D	-1.48%
NOC	D	-1.4%
EOG	A	-1.1%
LHX	C	-1.01%
HWM	A	-0.99%
WMB	A	-0.96%
SLB	C	-0.87%
INGR	B	-0.85%
PSX	C	-0.79%
MPC	D	-0.77%
CNH	C	-0.75%
TTC	D	-0.74%
UEC	B	-0.58%
DAR	C	-0.56%
DNN	B	-0.36%
SMR	B	-0.34%
HEI	B	-0.33%
HEI	B	-0.23%
LEU	C	-0.22%