FNCL vs. WBIY ETF Comparison

Comparison of Fidelity MSCI Financials Index ETF (FNCL) to WBI Power Factor High Dividend ETF (WBIY)

FNCL

Fidelity MSCI Financials Index ETF

FNCL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials 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 Financials Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$59.74

Average Daily Volume

103,080

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

WBIY

WBI Power Factor High Dividend ETF

WBIY Description

The investment seeks long term-capital appreciation while also seeking to protect principal during unfavorable market conditions. The fund will seek to achieve its investment objective by using a broad and flexible investment strategy and may invest directly in different types of instruments, such as: stocks and bonds issued by public and private companies and bonds issued by governments and governmental agencies ("Direct Investments"); and shares of funds that invest directly in such instruments. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.91

Average Daily Volume

4,678

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNCL	WBIY
30 Days	7.23%	4.80%
60 Days	4.09%	3.61%
90 Days	7.41%	5.11%
12 Months	34.61%	22.83%

26 Overlapping Holdings

Symbol	Grade	Weight in FNCL	Weight in WBIY	Overlap
ASB	C	0.05%	0.53%	0.05%
CFG	A	0.25%	2.65%	0.25%
COLB	C	0.06%	1.11%	0.06%
CVBF	C	0.04%	0.29%	0.04%
EGBN	F	0.01%	0.12%	0.01%
FIBK	C	0.04%	0.48%	0.04%
FITB	B	0.39%	0.81%	0.39%
FNF	B	0.2%	0.72%	0.2%
FULT	B	0.04%	0.33%	0.04%
HBAN	B	0.31%	0.84%	0.31%
HOPE	C	0.02%	0.13%	0.02%
JXN	B	0.08%	0.92%	0.08%
KEY	B	0.21%	2.53%	0.21%
OMF	C	0.09%	0.82%	0.09%
PFS	C	0.02%	0.2%	0.02%
PNC	B	0.94%	0.76%	0.76%
PRU	A	0.64%	0.87%	0.64%
RF	B	0.28%	2.06%	0.28%
SASR	C	0.02%	0.14%	0.02%
SFNC	D	0.03%	0.17%	0.03%
SNV	B	0.09%	0.8%	0.09%
USB	D	0.97%	0.83%	0.83%
VIRT	B	0.03%	0.36%	0.03%
VLY	D	0.05%	0.95%	0.05%
WU	D	0.05%	0.96%	0.05%
ZION	B	0.1%	0.77%	0.1%

FNCL Overweight 362 Positions Relative to WBIY

Symbol	Grade	Weight
JPM	A	8.45%
BRK.A	B	7.96%
V	B	6.56%
MA	D	5.69%
BAC	B	4.02%
WFC	C	3.33%
GS	A	2.18%
SPGI	B	2.08%
AXP	A	2.06%
PGR	C	1.89%
C	B	1.78%
MS	B	1.76%
BLK	B	1.73%
SCHW	B	1.72%
CB	A	1.53%
MMC	A	1.5%
BX	C	1.27%
CME	C	1.14%
ICE	B	1.14%
PYPL	D	0.98%
MCO	A	0.97%
KKR	B	0.86%
AON	F	0.85%
AIG	A	0.84%
COF	C	0.81%
TFC	B	0.79%
AJG	A	0.79%
TRV	D	0.75%
AFL	A	0.71%
MET	A	0.68%
ALL	C	0.67%
APO	B	0.67%
FIS	A	0.66%
BK	A	0.65%
AMP	B	0.64%
SQ	D	0.59%
COIN	D	0.55%
ACGL	A	0.55%
MSCI	F	0.55%
HIG	A	0.46%
DFS	C	0.46%
GPN	F	0.43%
WTW	D	0.39%
MTB	B	0.38%
RJF	B	0.38%
TROW	D	0.37%
ARES	B	0.35%
STT	B	0.35%
MKL	A	0.32%
BRO	A	0.31%
NDAQ	B	0.31%
PFG	B	0.3%
LPLA	C	0.3%
CBOE	C	0.29%
CINF	C	0.28%
SYF	C	0.28%
FCNCA	B	0.26%
NTRS	C	0.26%
FDS	C	0.25%
EG	C	0.25%
WRB	D	0.24%
L	B	0.23%
RGA	A	0.21%
EQH	A	0.2%
TW	B	0.18%
JKHY	C	0.18%
IBKR	A	0.18%
RNR	C	0.17%
ALLY	B	0.16%
EWBC	B	0.16%
ERIE	C	0.15%
TOST	B	0.14%
AIZ	D	0.14%
AFG	B	0.14%
KNSL	F	0.13%
ORI	A	0.13%
GL	F	0.13%
SF	B	0.13%
UNM	B	0.13%
FHN	B	0.13%
CG	D	0.13%
WEX	F	0.13%
VOYA	B	0.12%
JEF	A	0.12%
WBS	D	0.12%
PRI	D	0.12%
CMA	B	0.11%
HOOD	C	0.11%
MKTX	D	0.11%
MORN	D	0.11%
OWL	B	0.11%
SEIC	D	0.11%
PNFP	C	0.1%
CFR	D	0.1%
SOFI	F	0.1%
WTFC	B	0.1%
WAL	C	0.1%
BPOP	B	0.1%
HLI	C	0.1%
CBSH	B	0.1%
AFRM	D	0.1%
EVR	A	0.1%
BEN	F	0.1%
PB	C	0.09%
MTG	C	0.09%
RLI	A	0.09%
SIGI	F	0.09%
ESNT	C	0.09%
SSB	C	0.09%
AXS	A	0.09%
AGNC	A	0.09%
STWD	B	0.09%
EEFT	C	0.08%
IVZ	C	0.08%
RYAN	B	0.08%
CADE	C	0.08%
FNB	B	0.08%
AMG	D	0.08%
OZK	C	0.08%
ONB	B	0.08%
FAF	D	0.08%
COOP	B	0.08%
SLM	D	0.07%
JHG	B	0.07%
UBSI	C	0.07%
AGO	D	0.07%
RDN	C	0.07%
HOMB	B	0.07%
WTM	D	0.07%
THG	A	0.07%
LNC	C	0.07%
PIPR	A	0.06%
UMBF	B	0.06%
KMPR	C	0.06%
PFSI	B	0.06%
HLNE	C	0.06%
HWC	C	0.06%
FFIN	B	0.06%
GBCI	C	0.06%
FBP	C	0.05%
FOUR	D	0.05%
UCBI	C	0.05%
ABCB	C	0.05%
CNO	A	0.05%
WD	C	0.05%
BGC	B	0.05%
SFBS	C	0.05%
AX	B	0.05%
BHF	F	0.05%
HASI	B	0.05%
MC	B	0.05%
TPG	D	0.05%
IBOC	B	0.05%
CACC	F	0.05%
ESGR	B	0.05%
ABR	C	0.04%
CBU	C	0.04%
EVTC	F	0.04%
AUB	C	0.04%
NYCB	D	0.04%
CATY	C	0.04%
NMIH	A	0.04%
FHI	D	0.04%
BOKF	B	0.04%
WSFS	B	0.04%
OSCR	B	0.04%
TCBI	C	0.04%
FHB	B	0.04%
BXMT	F	0.04%
GNW	B	0.04%
APAM	B	0.04%
UPST	D	0.03%
DFIN	B	0.03%
MCY	B	0.03%
STC	B	0.03%
RNST	C	0.03%
HTLF	B	0.03%
WSBC	C	0.03%
OFG	C	0.03%
VRTS	D	0.03%
TBBK	D	0.03%
TRMK	B	0.03%
ENVA	C	0.03%
AGM	D	0.03%
CNS	C	0.03%
FLYW	F	0.03%
BANF	C	0.03%
BRP	B	0.03%
SBCF	C	0.03%
STEP	C	0.03%
TOWN	C	0.03%
WAFD	C	0.03%
VCTR	B	0.03%
BANC	C	0.03%
PLMR	B	0.03%
BKU	C	0.03%
PPBI	C	0.03%
EBC	B	0.03%
INDB	D	0.03%
PRK	B	0.03%
SNEX	C	0.03%
FRME	C	0.03%
FFBC	B	0.03%
PJT	C	0.03%
BOH	D	0.03%
MQ	F	0.03%
NIC	B	0.02%
NBHC	B	0.02%
LC	C	0.02%
QCRH	C	0.02%
EIG	D	0.02%
VBTX	C	0.02%
PEBO	C	0.02%
TCBK	C	0.02%
LOB	D	0.02%
SKWD	C	0.02%
NWLI	C	0.02%
SYBT	C	0.02%
CNNE	D	0.02%
FRHC	D	0.02%
ACT	B	0.02%
STBA	C	0.02%
SAFT	D	0.02%
WABC	C	0.02%
FBNC	D	0.02%
SPNT	B	0.02%
GSHD	F	0.02%
PMT	B	0.02%
LADR	A	0.02%
BUSE	C	0.02%
FBK	B	0.02%
CASH	C	0.02%
ARI	D	0.02%
NWBI	C	0.02%
FCF	C	0.02%
CUBI	D	0.02%
RC	D	0.02%
NAVI	F	0.02%
CODI	D	0.02%
CHCO	C	0.02%
HTH	C	0.02%
IBTX	C	0.02%
EFSC	C	0.02%
LKFN	C	0.02%
NNI	A	0.02%
BANR	C	0.02%
NBTB	C	0.02%
PRG	C	0.02%
HMN	D	0.02%
NATL	B	0.02%
RKT	C	0.02%
FSBC	C	0.01%
HAFC	C	0.01%
SPFI	C	0.01%
MOFG	D	0.01%
SMBC	C	0.01%
CTLP	D	0.01%
CLBK	F	0.01%
ACRE	F	0.01%
HONE	C	0.01%
TIPT	C	0.01%
NFBK	D	0.01%
MCB	C	0.01%
AMAL	C	0.01%
DHIL	D	0.01%
BHB	C	0.01%
CCBG	D	0.01%
LPRO	D	0.01%
GDOT	D	0.01%
WRLD	D	0.01%
TRST	C	0.01%
CCB	C	0.01%
WASH	C	0.01%
NRDS	D	0.01%
THFF	C	0.01%
TMP	D	0.01%
EQBK	A	0.01%
UFCS	C	0.01%
RILY	D	0.01%
CPF	B	0.01%
CAC	C	0.01%
BFST	C	0.01%
UVE	C	0.01%
TRTX	B	0.01%
EZPW	D	0.01%
MCBS	B	0.01%
CATC	B	0.01%
GSBC	C	0.01%
RBCAA	B	0.01%
FMNB	C	0.01%
CFB	C	0.01%
KREF	D	0.01%
HTBK	C	0.01%
HBNC	C	0.01%
FCBC	C	0.01%
AMTB	C	0.01%
IIIV	F	0.01%
OSBC	C	0.01%
CFFN	F	0.01%
IBCP	B	0.01%
FBMS	D	0.01%
DX	B	0.01%
PFBC	B	0.01%
HFWA	C	0.01%
BFC	C	0.01%
IMXI	D	0.01%
UWMC	C	0.01%
FG	C	0.01%
FMBH	C	0.01%
BY	B	0.01%
PRA	C	0.01%
DCOM	D	0.01%
BSIG	B	0.01%
MSBI	D	0.01%
RWT	C	0.01%
MBWM	C	0.01%
AMRK	C	0.01%
CASS	D	0.01%
TFSL	C	0.01%
CTBI	B	0.01%
BRKL	D	0.01%
TRUP	C	0.01%
CNOB	C	0.01%
EFC	B	0.01%
BRSP	F	0.01%
UVSP	B	0.01%
PFC	C	0.01%
AMK	D	0.01%
AMSF	F	0.01%
SBSI	D	0.01%
LBAI	C	0.01%
MBIN	C	0.01%
LMND	C	0.01%
CMTG	F	0.01%
HCI	D	0.01%
AMBC	B	0.01%
RPAY	D	0.01%
CIM	D	0.01%
OCFC	C	0.01%
OBK	C	0.01%
PRAA	C	0.01%
SRCE	C	0.01%
ECPG	C	0.01%
GABC	B	0.01%
BHLB	C	0.01%
AROW	C	0.0%
HIFS	C	0.0%
ATLC	F	0.0%
FRGE	F	0.0%
CRD.B	D	0.0%
HGTY	D	0.0%
GCBC	C	0.0%
HBT	C	0.0%
SMBK	C	0.0%
JRVR	F	0.0%
DGICA	F	0.0%
FFIC	D	0.0%
MPB	C	0.0%
PGC	D	0.0%
PAY	D	0.0%
KRNY	D	0.0%
PX	D	0.0%

FNCL Underweight 24 Positions Relative to WBIY

Symbol	Grade	Weight
MO	A	-5.18%
D	A	-5.1%
T	B	-5.01%
DOW	B	-4.91%
KMI	A	-4.89%
KSS	D	-4.87%
OKE	B	-4.8%
VZ	C	-4.79%
LYB	D	-4.76%
F	D	-4.64%
CAG	C	-4.62%
BBY	D	-4.55%
WHR	F	-4.35%
BMY	F	-4.34%
KHC	D	-2.13%
OGN	B	-1.57%
CBRL	F	-1.53%
BKH	C	-1.08%
HESM	B	-1.06%
CVI	F	-0.89%
CWEN	C	-0.82%
TNL	D	-0.81%
NWN	C	-0.47%
BRY	F	-0.22%