FPFD vs. PFFD ETF Comparison

Comparison of Fidelity Preferred Securities & Income ETF (FPFD) to Global X U.S. Preferred ETF (PFFD)

FPFD

Fidelity Preferred Securities & Income ETF

FPFD Description

The investment seeks high total return through a combination of current income and capital appreciation. The fund normally invests at least 80% of the fund's assets in preferred securities and other income-producing securities. It normally invests in all types of preferred securities and other income-producing securities such as contingent convertible securities and corporate hybrid securities. The fund primarily invests in securities rated at least BB by S&P, Ba by Moodys, comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by FMR to be of comparable quality. It is non-diversified.

Grade (RS Rating)

Last Trade

$21.92

Average Daily Volume

17,612

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PFFD

Global X U.S. Preferred ETF

PFFD Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE BofA Diversified Core U.S. Preferred Securities Index. The fund invests at least 80% of its total assets in the securities of its underlying index. It also invests at least 80% of its total assets in preferred securities that are domiciled in, principally traded in or whose revenues are primarily from the U.S. The underlying index is designed to track the broad-based performance of the U.S. preferred securities market.

Grade (RS Rating)

Last Trade

$20.30

Average Daily Volume

678,719

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPFD	PFFD
30 Days	-1.30%	-1.77%
60 Days	-2.01%	-2.08%
90 Days	0.00%	1.89%
12 Months	13.12%	15.21%

10 Overlapping Holdings

Symbol	Grade	Weight in FPFD	Weight in PFFD	Overlap
ACGLO	D	0.12%	0.24%	0.12%
AIZN	D	0.14%	0.18%	0.14%
AQNB	C	0.2%	0.28%	0.2%
PRS	C	0.1%	0.45%	0.1%
RZC	C	0.27%	0.62%	0.27%
SOJD	D	0.28%	0.73%	0.28%
T	A	1.11%	1.16%	1.11%
TBB	C	0.21%	1.01%	0.21%
UNMA	C	0.23%	0.25%	0.23%
UZE	B	0.19%	0.38%	0.19%

FPFD Overweight 3 Positions Relative to PFFD

Symbol	Grade	Weight
AFGE	D	0.31%
WTFCM	A	0.13%
ELC	D	0.06%

FPFD Underweight 25 Positions Relative to PFFD

Symbol	Grade	Weight
TBC	C	-0.65%
SREA	D	-0.61%
BAC	A	-0.61%
CMSD	C	-0.52%
DUKB	D	-0.41%
QRTEP	F	-0.41%
CTDD	B	-0.39%
BPYPM	D	-0.38%
FITBI	B	-0.38%
SOJC	D	-0.35%
PFH	D	-0.33%
RZB	C	-0.33%
DTW	D	-0.31%
ESGRP	D	-0.28%
CMSC	C	-0.23%
MGR	D	-0.22%
GPJA	D	-0.21%
NRUC	D	-0.21%
OZKAP	D	-0.21%
TVC	C	-0.19%
SFB	D	-0.17%
FCNCO	C	-0.14%
BPYPO	D	-0.13%
ZIONO	D	-0.11%
BPYPP	D	-0.1%

FPFD: Top Represented Industries & Keywords

Industries: Other Banks - Regional - US Insurance - Diversified Telecom Services