FSST vs. SUSA ETF Comparison

Comparison of Fidelity Sustainability U.S. Equity ETF (FSST) to iShares MSCI USA ESG Select ETF (SUSA)

FSST

Fidelity Sustainability U.S. Equity ETF

FSST Description

FSST mainly invests in US companies that the fund adviser believes to have proven or improving sustainability practices. Evaluation of the companies impact characteristics may involve corporate engagement and its alignment with the United Nations Sustainable Development Goals using qualitative analysis as well as proprietary or third-party data. Their approach to sustainable investing not only considers ESG factors but fundamental ones as well, including financial conditions, industry positions, as well as market and economic conditions. Unlike other ETFs that disclose holdings on a daily basis, FSST publishes its full portfolio holdings monthly with a 30-day lag. A Tracking Basket Structure is in place which acts as a proxy portfolio and may include holdings from recent disclosures, other liquid ETFs as well as cash and cash equivalents in order to track the funds daily performance and facilitate arbitrage opportunities.

Grade (RS Rating)

Last Trade

$27.94

Average Daily Volume

1,225

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SUSA

iShares MSCI USA ESG Select ETF

SUSA Description

iShares MSCI USA ESG Select ETF (the Fund), formerly iShares MSCI USA ESG Select Social Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI USA ESG Select Index (the Index). The Index is designed to measure the equity performance of large capitalization companies that have positive environmental, social and governance (ESG) characteristics relative to their industry and sector peers and in relation to the broader market, while exhibiting risk and return characteristics similar to the MSCI USA Index. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index. BlackRock Fund Advisors (BFA) serves as the investment adviser to the Fund.

Grade (RS Rating)

Last Trade

$124.71

Average Daily Volume

60,399

Number of Holdings ^*

175

* may have additional holdings in another (foreign) market

Performance

Period	FSST	SUSA
30 Days	2.99%	4.04%
60 Days	4.26%	4.55%
90 Days	5.87%	6.30%
12 Months	32.59%	32.95%

28 Overlapping Holdings

Symbol	Grade	Weight in FSST	Weight in SUSA	Overlap
AAPL	C	7.52%	4.77%	4.77%
ACN	C	0.51%	0.67%	0.51%
AMD	F	0.6%	0.55%	0.55%
AXP	A	2.28%	1.02%	1.02%
BKR	B	1.76%	0.51%	0.51%
CRM	B	2.3%	1.18%	1.18%
DHR	F	1.46%	0.6%	0.6%
DIS	B	2.24%	0.62%	0.62%
FSLR	F	0.73%	0.13%	0.13%
GILD	C	1.41%	1.14%	1.14%
GOOGL	C	3.43%	2.0%	2.0%
INTU	C	0.76%	1.06%	0.76%
JCI	C	1.24%	0.3%	0.3%
LIN	D	2.1%	0.09%	0.09%
LNG	B	0.96%	0.85%	0.85%
LOW	D	1.99%	0.72%	0.72%
MA	C	2.15%	0.95%	0.95%
MCO	B	2.6%	0.54%	0.54%
MRK	F	1.79%	0.51%	0.51%
MSFT	F	6.22%	4.66%	4.66%
NFLX	A	0.97%	0.49%	0.49%
NTRS	A	0.55%	0.18%	0.18%
NVDA	C	6.17%	5.47%	5.47%
NXPI	D	0.47%	0.44%	0.44%
PG	A	2.98%	0.46%	0.46%
TSLA	B	1.22%	1.8%	1.22%
VLTO	D	0.78%	0.47%	0.47%
ZTS	D	0.84%	0.8%	0.8%

FSST Overweight 38 Positions Relative to SUSA

Symbol	Grade	Weight
AMZN	C	3.17%
CI	F	2.51%
BLK	C	1.9%
ON	D	1.66%
KBR	F	1.61%
NEE	D	1.57%
PLD	D	1.53%
AVY	D	1.32%
HLT	A	1.24%
CNC	D	1.13%
TMHC	B	1.09%
AYI	B	1.07%
DE	A	1.06%
CCK	C	1.06%
ICLR	D	1.05%
CMCSA	B	1.03%
EL	F	0.99%
UPS	C	0.91%
RRX	B	0.83%
PSA	D	0.82%
TGNA	B	0.79%
IR	B	0.77%
C	A	0.77%
CDW	F	0.73%
SBUX	A	0.71%
DELL	C	0.71%
MAN	D	0.68%
GEN	B	0.65%
BAC	A	0.64%
DFS	B	0.64%
CWEN	C	0.62%
GNRC	B	0.59%
PHM	D	0.55%
HIG	B	0.52%
EXAS	D	0.51%
TKR	D	0.5%
MRNA	F	0.31%
ESNT	D	0.26%

FSST Underweight 147 Positions Relative to SUSA

Symbol	Grade	Weight
GOOG	C	-1.91%
HD	A	-1.68%
KO	D	-1.62%
AVGO	D	-1.56%
OKE	A	-1.53%
TT	A	-1.5%
K	A	-1.38%
LLY	F	-1.31%
ECL	D	-1.3%
ADP	B	-1.29%
TXN	C	-1.28%
CRH	A	-1.19%
MS	A	-1.12%
ADBE	C	-1.02%
V	A	-0.99%
PNR	A	-0.92%
NOW	A	-0.91%
ADSK	A	-0.84%
PEP	F	-0.81%
AMAT	F	-0.81%
PRU	A	-0.8%
GWW	B	-0.78%
TRGP	B	-0.78%
EXPD	D	-0.77%
MMM	D	-0.77%
IBM	C	-0.76%
DECK	A	-0.74%
GIS	D	-0.74%
CSCO	B	-0.73%
EA	A	-0.72%
CDNS	B	-0.71%
PGR	A	-0.69%
CMI	A	-0.67%
BK	A	-0.67%
AMGN	D	-0.66%
HPE	B	-0.65%
FERG	B	-0.63%
GE	D	-0.59%
SPGI	C	-0.59%
EQIX	A	-0.58%
CCI	D	-0.58%
CLX	B	-0.58%
COST	B	-0.57%
CHRW	C	-0.57%
BR	A	-0.54%
ELV	F	-0.52%
XYL	D	-0.51%
WDAY	B	-0.51%
VZ	C	-0.5%
LKQ	D	-0.49%
AXON	A	-0.48%
LRCX	F	-0.46%
TRV	B	-0.45%
DGX	A	-0.45%
BG	F	-0.45%
IDXX	F	-0.44%
LII	A	-0.44%
WSM	B	-0.42%
CBRE	B	-0.42%
KMB	D	-0.41%
HBAN	A	-0.41%
WAT	B	-0.4%
ES	D	-0.4%
INTC	D	-0.39%
BBY	D	-0.39%
GDDY	A	-0.39%
BKNG	A	-0.38%
A	D	-0.37%
AMT	D	-0.36%
VRTX	F	-0.35%
EW	C	-0.34%
SLB	C	-0.34%
KEYS	A	-0.34%
TWLO	A	-0.31%
ANET	C	-0.31%
PANW	C	-0.31%
QCOM	F	-0.29%
WELL	A	-0.29%
MMC	B	-0.29%
SNPS	B	-0.29%
PNC	B	-0.29%
VLO	C	-0.28%
STE	F	-0.28%
DVA	B	-0.27%
ED	D	-0.27%
TGT	F	-0.27%
FIS	C	-0.27%
NDAQ	A	-0.26%
MU	D	-0.26%
TSCO	D	-0.25%
TRMB	B	-0.25%
ANSS	B	-0.24%
WST	C	-0.23%
ACGL	D	-0.23%
HCA	F	-0.23%
ZBH	C	-0.22%
CHD	B	-0.22%
HPQ	B	-0.21%
CARR	D	-0.21%
IRM	D	-0.21%
TEAM	A	-0.2%
COO	D	-0.2%
KR	B	-0.2%
HUBS	A	-0.19%
HOLX	D	-0.19%
SYF	B	-0.19%
MELI	D	-0.19%
MRVL	B	-0.19%
LH	C	-0.18%
NEM	D	-0.18%
MOH	F	-0.18%
CNH	C	-0.17%
FDS	B	-0.16%
IFF	D	-0.15%
BALL	D	-0.14%
RCL	A	-0.14%
ALNY	D	-0.14%
STT	A	-0.13%
CAT	B	-0.13%
KDP	D	-0.13%
PTC	A	-0.13%
MDB	C	-0.13%
MTD	D	-0.12%
PWR	A	-0.12%
MKC	D	-0.12%
TFC	A	-0.11%
SOLV	C	-0.11%
IPG	D	-0.11%
LULU	C	-0.11%
NI	A	-0.11%
FBIN	D	-0.11%
NUE	C	-0.11%
OC	A	-0.11%
APTV	D	-0.1%
WDC	D	-0.1%
DXCM	D	-0.1%
STX	D	-0.1%
IT	C	-0.1%
RIVN	F	-0.09%
PPG	F	-0.09%
SNOW	C	-0.09%
REGN	F	-0.08%
BIIB	F	-0.08%
AVTR	F	-0.08%
HUM	C	-0.08%
KHC	F	-0.08%
AKAM	D	-0.08%