FSST vs. USCL ETF Comparison

Comparison of Fidelity Sustainability U.S. Equity ETF (FSST) to iShares Climate Conscious & Transition MSCI USA ETF (USCL)

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

USCL

iShares Climate Conscious & Transition MSCI USA ETF

USCL Description

The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.65

Average Daily Volume

2,806

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

Performance

Period	FSST	USCL
30 Days	2.99%	3.79%
60 Days	4.26%	5.19%
90 Days	5.87%	7.34%
12 Months	32.59%	35.52%

41 Overlapping Holdings

Symbol	Grade	Weight in FSST	Weight in USCL	Overlap
AAPL	C	7.52%	5.23%	5.23%
ACN	C	0.51%	0.61%	0.51%
AMD	F	0.6%	0.61%	0.6%
AMZN	C	3.17%	5.13%	3.17%
AVY	D	1.32%	0.04%	0.04%
AXP	A	2.28%	0.45%	0.45%
BAC	A	0.64%	0.87%	0.64%
BKR	B	1.76%	0.12%	0.12%
BLK	C	1.9%	0.42%	0.42%
CCK	C	1.06%	0.03%	0.03%
CMCSA	B	1.03%	0.46%	0.46%
CRM	B	2.3%	0.87%	0.87%
DE	A	1.06%	0.28%	0.28%
DELL	C	0.71%	0.1%	0.1%
DFS	B	0.64%	0.12%	0.12%
DHR	F	1.46%	0.43%	0.43%
DIS	B	2.24%	0.54%	0.54%
EL	F	0.99%	0.04%	0.04%
FSLR	F	0.73%	0.05%	0.05%
GEN	B	0.65%	0.05%	0.05%
GILD	C	1.41%	0.31%	0.31%
GOOGL	C	3.43%	2.33%	2.33%
HIG	B	0.52%	0.09%	0.09%
HLT	A	1.24%	0.17%	0.17%
INTU	C	0.76%	0.53%	0.53%
JCI	C	1.24%	0.15%	0.15%
LIN	D	2.1%	0.59%	0.59%
MA	C	2.15%	1.17%	1.17%
MCO	B	2.6%	0.21%	0.21%
MRK	F	1.79%	0.67%	0.67%
MSFT	F	6.22%	4.42%	4.42%
NEE	D	1.57%	0.42%	0.42%
NFLX	A	0.97%	0.98%	0.97%
NTRS	A	0.55%	0.06%	0.06%
NVDA	C	6.17%	6.73%	6.17%
PG	A	2.98%	1.07%	1.07%
PLD	D	1.53%	0.29%	0.29%
SBUX	A	0.71%	0.3%	0.3%
TSLA	B	1.22%	2.41%	1.22%
UPS	C	0.91%	0.26%	0.26%
ZTS	D	0.84%	0.22%	0.22%

FSST Overweight 25 Positions Relative to USCL

Symbol	Grade	Weight
CI	F	2.51%
LOW	D	1.99%
ON	D	1.66%
KBR	F	1.61%
CNC	D	1.13%
TMHC	B	1.09%
AYI	B	1.07%
ICLR	D	1.05%
LNG	B	0.96%
RRX	B	0.83%
PSA	D	0.82%
TGNA	B	0.79%
VLTO	D	0.78%
IR	B	0.77%
C	A	0.77%
CDW	F	0.73%
MAN	D	0.68%
CWEN	C	0.62%
GNRC	B	0.59%
PHM	D	0.55%
EXAS	D	0.51%
TKR	D	0.5%
NXPI	D	0.47%
MRNA	F	0.31%
ESNT	D	0.26%

FSST Underweight 255 Positions Relative to USCL

Symbol	Grade	Weight
META	D	-3.42%
AVGO	D	-2.04%
GOOG	C	-2.03%
JPM	A	-1.88%
LLY	F	-1.72%
UNH	C	-1.47%
XOM	B	-1.46%
V	A	-1.31%
HD	A	-1.09%
WMT	A	-1.01%
JNJ	D	-0.99%
ORCL	B	-0.84%
ABBV	D	-0.81%
CVX	A	-0.77%
WFC	A	-0.69%
KO	D	-0.69%
CSCO	B	-0.63%
ADBE	C	-0.63%
PEP	F	-0.61%
NOW	A	-0.58%
MCD	D	-0.58%
TMO	F	-0.55%
ABT	B	-0.54%
IBM	C	-0.52%
TXN	C	-0.51%
CAT	B	-0.51%
GS	A	-0.51%
QCOM	F	-0.49%
BKNG	A	-0.46%
VZ	C	-0.46%
MS	A	-0.44%
SPGI	C	-0.44%
AMGN	D	-0.43%
T	A	-0.43%
PGR	A	-0.41%
PFE	D	-0.4%
UNP	C	-0.39%
ETN	A	-0.39%
COP	C	-0.36%
UBER	D	-0.36%
PANW	C	-0.35%
BSX	B	-0.35%
BX	A	-0.35%
VRTX	F	-0.34%
TMUS	B	-0.34%
SCHW	B	-0.33%
FI	A	-0.33%
ADP	B	-0.33%
BMY	B	-0.32%
PLTR	B	-0.32%
MMC	B	-0.3%
CB	C	-0.3%
INTC	D	-0.29%
ADI	D	-0.28%
SO	D	-0.26%
NKE	D	-0.25%
TT	A	-0.25%
SHW	A	-0.25%
MDLZ	F	-0.24%
WM	A	-0.24%
ICE	C	-0.24%
AMT	D	-0.24%
SNPS	B	-0.23%
REGN	F	-0.23%
MELI	D	-0.23%
PYPL	B	-0.23%
DUK	C	-0.23%
EQIX	A	-0.23%
CME	A	-0.22%
ITW	B	-0.22%
WELL	A	-0.22%
CMG	B	-0.22%
CDNS	B	-0.22%
EOG	A	-0.21%
USB	A	-0.21%
MCK	B	-0.21%
CTAS	B	-0.21%
CRWD	B	-0.21%
MMM	D	-0.2%
AON	A	-0.2%
EMR	A	-0.2%
CRH	A	-0.19%
MAR	B	-0.19%
CVS	D	-0.19%
CSX	B	-0.19%
CEG	D	-0.19%
TGT	F	-0.19%
CL	D	-0.19%
AJG	B	-0.18%
APO	B	-0.18%
GM	B	-0.18%
ADSK	A	-0.18%
FDX	B	-0.18%
FTNT	C	-0.17%
FCX	D	-0.17%
SLB	C	-0.17%
OKE	A	-0.17%
ECL	D	-0.17%
BK	A	-0.16%
SRE	A	-0.16%
WDAY	B	-0.16%
DLR	B	-0.16%
SPG	B	-0.16%
TRV	B	-0.16%
ABNB	C	-0.16%
NSC	B	-0.16%
ROP	B	-0.16%
PCAR	B	-0.16%
CMI	A	-0.14%
AIG	B	-0.14%
KMI	A	-0.14%
RSG	A	-0.13%
SQ	B	-0.13%
NEM	D	-0.13%
D	C	-0.13%
WCN	A	-0.13%
PWR	A	-0.13%
PAYX	C	-0.13%
O	D	-0.13%
FIS	C	-0.13%
AEP	D	-0.13%
CPRT	A	-0.13%
PEG	A	-0.12%
ODFL	B	-0.12%
F	C	-0.12%
KMB	D	-0.12%
AME	A	-0.12%
CCI	D	-0.12%
SNOW	C	-0.11%
STZ	D	-0.11%
EW	C	-0.11%
CTVA	C	-0.11%
TEAM	A	-0.11%
CTSH	B	-0.11%
HES	B	-0.11%
CBRE	B	-0.11%
VRSK	A	-0.11%
MNST	C	-0.11%
IT	C	-0.11%
NUE	C	-0.1%
GIS	D	-0.1%
MLM	B	-0.1%
KDP	D	-0.1%
IQV	D	-0.1%
CHTR	C	-0.1%
ACGL	D	-0.1%
EXC	C	-0.1%
A	D	-0.1%
XEL	A	-0.1%
LULU	C	-0.1%
YUM	B	-0.1%
GRMN	B	-0.09%
WTW	B	-0.09%
AVB	B	-0.09%
EFX	F	-0.09%
VICI	C	-0.09%
FANG	D	-0.09%
ED	D	-0.09%
ROK	B	-0.09%
HUBS	A	-0.09%
OXY	D	-0.09%
NDAQ	A	-0.09%
HUM	C	-0.09%
DD	D	-0.09%
WAB	B	-0.09%
IDXX	F	-0.09%
NET	B	-0.08%
DOV	A	-0.08%
STT	A	-0.08%
PPG	F	-0.08%
ANSS	B	-0.08%
GPN	B	-0.08%
XYL	D	-0.08%
EBAY	D	-0.08%
HUBB	B	-0.07%
EQR	B	-0.07%
WST	C	-0.07%
AWK	D	-0.07%
HSY	F	-0.07%
MTD	D	-0.07%
FTV	C	-0.07%
CHD	B	-0.07%
TROW	B	-0.07%
DECK	A	-0.07%
BR	A	-0.07%
HPE	B	-0.07%
LII	A	-0.06%
CLX	B	-0.06%
STLD	B	-0.06%
CBOE	B	-0.06%
CSL	C	-0.06%
ATO	A	-0.06%
ES	D	-0.06%
K	A	-0.06%
ZBH	C	-0.06%
WAT	B	-0.06%
WY	D	-0.06%
ILMN	D	-0.06%
PTC	A	-0.06%
BIIB	F	-0.06%
WSM	B	-0.05%
OC	A	-0.05%
EXPD	D	-0.05%
ARE	D	-0.05%
MANH	D	-0.05%
TRMB	B	-0.05%
PNR	A	-0.05%
FWONK	B	-0.05%
RPM	A	-0.05%
PINS	D	-0.05%
IEX	B	-0.05%
LVS	C	-0.05%
ULTA	F	-0.05%
WRB	A	-0.05%
ZS	C	-0.05%
MKC	D	-0.05%
FDS	B	-0.05%
BALL	D	-0.05%
TRU	D	-0.05%
BAH	F	-0.05%
LH	C	-0.05%
REG	B	-0.04%
AKAM	D	-0.04%
RVTY	F	-0.04%
ACM	A	-0.04%
DOC	D	-0.04%
TW	A	-0.04%
LNT	A	-0.04%
GGG	B	-0.04%
JBHT	C	-0.04%
TWLO	A	-0.04%
MRO	B	-0.04%
KIM	A	-0.04%
WYNN	D	-0.03%
WTRG	B	-0.03%
CRL	C	-0.03%
CTLT	B	-0.03%
SNAP	C	-0.03%
PAYC	B	-0.03%
TAP	C	-0.03%
BXP	D	-0.03%
CG	A	-0.03%
ALB	C	-0.03%
DAY	B	-0.03%
OKTA	C	-0.03%
INCY	C	-0.03%
JKHY	D	-0.03%
AZPN	A	-0.02%
H	B	-0.02%
BSY	D	-0.02%
MTCH	D	-0.02%
DVA	B	-0.02%
CPB	D	-0.02%
TFX	F	-0.02%
MGM	D	-0.02%