FSST vs. VIS ETF Comparison

Comparison of Fidelity Sustainability U.S. Equity ETF (FSST) to Vanguard Industrials ETF - DNQ (VIS)

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

$27.03

Average Daily Volume

1,194

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VIS

Vanguard Industrials ETF - DNQ

VIS Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Industrials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the industrials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$258.73

Average Daily Volume

69,069

Number of Holdings ^*

360

* may have additional holdings in another (foreign) market

Performance

Period	FSST	VIS
30 Days	3.06%	4.51%
60 Days	4.30%	5.91%
90 Days	6.00%	10.31%
12 Months	35.03%	33.27%

11 Overlapping Holdings

Symbol	Grade	Weight in FSST	Weight in VIS	Overlap
AYI	B	1.31%	0.15%	0.15%
DE	A	0.89%	1.91%	0.89%
GNRC	D	0.58%	0.18%	0.18%
IR	B	0.94%	0.7%	0.7%
JCI	B	1.13%	0.93%	0.93%
KBR	D	1.66%	0.18%	0.18%
MAN	C	0.69%	0.07%	0.07%
RRX	C	0.8%	0.21%	0.21%
TKR	C	0.5%	0.11%	0.11%
UPS	D	0.85%	1.77%	0.85%
VLTO	B	1.21%	0.52%	0.52%

FSST Overweight 55 Positions Relative to VIS

Symbol	Grade	Weight
AAPL	C	6.87%
MSFT	C	5.99%
NVDA	C	5.09%
AMZN	C	4.16%
GOOGL	D	3.5%
PG	C	2.67%
MCO	C	2.5%
CI	C	2.5%
MRK	F	2.44%
DIS	D	2.15%
AXP	B	2.09%
CRM	C	2.09%
LIN	B	1.99%
MA	B	1.94%
ACN	C	1.93%
BKR	C	1.81%
ON	D	1.8%
LOW	B	1.79%
BLK	B	1.66%
PLD	C	1.48%
DHR	B	1.45%
NEE	B	1.4%
AVY	C	1.29%
GILD	B	1.24%
ICLR	F	1.16%
CNC	D	1.14%
HLT	B	1.1%
TSLA	C	1.03%
TMHC	B	1.02%
CCK	B	0.98%
CMCSA	C	0.98%
LNG	D	0.97%
INTU	D	0.82%
NFLX	B	0.82%
TGNA	C	0.78%
C	C	0.76%
ZTS	B	0.73%
SBUX	C	0.69%
CDW	D	0.67%
BAC	D	0.65%
FSLR	C	0.62%
NTRS	C	0.55%
MRNA	F	0.54%
DFS	C	0.53%
CWEN	A	0.52%
VOYA	B	0.51%
EXAS	D	0.5%
AMD	C	0.5%
NXPI	D	0.49%
APTV	D	0.48%
EL	D	0.48%
TRV	C	0.14%
SFM	B	0.07%
CVS	D	0.01%
ACI	F	0.01%

FSST Underweight 349 Positions Relative to VIS

Symbol	Grade	Weight
GE	C	-3.61%
CAT	B	-3.29%
RTX	B	-3.09%
UNP	D	-2.95%
UBER	C	-2.6%
HON	C	-2.56%
LMT	A	-2.32%
ETN	C	-2.32%
ADP	C	-2.13%
BA	F	-1.92%
WM	D	-1.61%
TT	B	-1.54%
PH	B	-1.46%
TDG	B	-1.45%
MMM	B	-1.4%
CTAS	C	-1.39%
NOC	B	-1.39%
ITW	B	-1.33%
GD	C	-1.32%
FDX	D	-1.31%
CSX	C	-1.26%
EMR	D	-1.14%
CARR	B	-1.11%
NSC	C	-1.09%
GEV	B	-1.04%
PCAR	D	-0.95%
URI	B	-0.93%
WCN	D	-0.91%
RSG	D	-0.87%
CPRT	D	-0.87%
LHX	C	-0.85%
GWW	B	-0.82%
CMI	B	-0.81%
PAYX	C	-0.8%
PWR	B	-0.76%
AME	C	-0.75%
FAST	C	-0.74%
VRSK	D	-0.73%
EFX	C	-0.72%
OTIS	B	-0.72%
HWM	B	-0.71%
ODFL	D	-0.71%
XYL	C	-0.63%
ROK	D	-0.59%
VRT	C	-0.56%
WAB	B	-0.56%
DAL	C	-0.52%
AXON	B	-0.49%
FTV	C	-0.49%
DOV	B	-0.48%
BR	C	-0.47%
HUBB	B	-0.41%
BLDR	C	-0.4%
BAH	B	-0.39%
CSL	B	-0.38%
LDOS	A	-0.38%
J	A	-0.36%
LII	C	-0.36%
EME	B	-0.35%
TRU	B	-0.35%
LUV	C	-0.33%
TXT	D	-0.33%
EXPD	B	-0.33%
MAS	B	-0.33%
SSNC	C	-0.32%
WSO	C	-0.31%
SWK	B	-0.3%
IEX	C	-0.29%
ROL	C	-0.28%
OC	C	-0.28%
PNR	B	-0.28%
SNA	B	-0.28%
HEI	C	-0.28%
GGG	C	-0.27%
JBHT	D	-0.27%
UAL	B	-0.27%
ACM	B	-0.26%
NDSN	C	-0.26%
XPO	D	-0.25%
CLH	C	-0.24%
FIX	B	-0.24%
TTEK	C	-0.24%
CW	B	-0.23%
CHRW	B	-0.23%
ALLE	B	-0.23%
ITT	B	-0.22%
CACI	B	-0.21%
WMS	D	-0.21%
LECO	D	-0.21%
HII	F	-0.21%
NVT	C	-0.21%
HEI	C	-0.21%
SAIA	D	-0.19%
AOS	B	-0.19%
WWD	C	-0.19%
CNM	F	-0.18%
BWXT	A	-0.18%
TTC	F	-0.18%
DCI	C	-0.17%
DAY	D	-0.17%
CNH	C	-0.17%
RBC	B	-0.16%
PAYC	D	-0.16%
KNX	C	-0.16%
FLR	D	-0.16%
CR	B	-0.15%
SSD	C	-0.15%
MLI	B	-0.15%
AIT	B	-0.15%
WCC	C	-0.15%
ALSN	B	-0.15%
FCN	C	-0.15%
MTZ	C	-0.14%
PCTY	D	-0.14%
WSC	D	-0.14%
APG	F	-0.14%
UFPI	C	-0.14%
MIDD	C	-0.14%
UHAL	B	-0.13%
SAIC	C	-0.13%
MSA	D	-0.13%
TREX	F	-0.13%
AAL	D	-0.13%
KEX	C	-0.13%
OSK	F	-0.13%
CWST	D	-0.12%
AZEK	C	-0.12%
R	C	-0.12%
SITE	D	-0.12%
LSTR	D	-0.12%
AAON	B	-0.12%
FLS	C	-0.12%
RHI	D	-0.12%
MMS	B	-0.11%
MOG.A	B	-0.11%
AVAV	C	-0.11%
BECN	F	-0.11%
VMI	C	-0.11%
FSS	D	-0.11%
AGCO	D	-0.11%
ST	D	-0.11%
EXLS	B	-0.11%
GXO	D	-0.11%
ESAB	C	-0.11%
DY	C	-0.1%
GTLS	F	-0.1%
CSWI	B	-0.1%
HXL	F	-0.1%
BCC	C	-0.1%
WTS	C	-0.1%
EXPO	B	-0.1%
SRCL	B	-0.1%
AWI	B	-0.1%
RUN	D	-0.09%
PSN	B	-0.09%
ALK	B	-0.09%
MATX	B	-0.09%
ZWS	B	-0.09%
GATX	D	-0.09%
AL	C	-0.09%
BCO	B	-0.09%
MDU	B	-0.09%
FELE	B	-0.08%
ENS	C	-0.08%
SPR	D	-0.08%
LYFT	D	-0.08%
VRRM	D	-0.08%
ACA	B	-0.08%
DNB	D	-0.07%
KTOS	B	-0.07%
ABM	D	-0.07%
STRL	C	-0.07%
MSM	D	-0.07%
KFY	C	-0.07%
KAI	C	-0.07%
GTES	C	-0.07%
TEX	F	-0.07%
HRI	C	-0.07%
AIN	F	-0.06%
CNXC	F	-0.06%
REZI	D	-0.06%
ALIT	D	-0.06%
PRIM	B	-0.06%
ESE	B	-0.06%
ICFI	C	-0.06%
SKYW	C	-0.06%
NPO	C	-0.06%
BRC	B	-0.06%
RUSHA	C	-0.06%
GVA	B	-0.06%
CBZ	F	-0.06%
RXO	D	-0.06%
MWA	B	-0.06%
NSP	F	-0.06%
TNET	F	-0.06%
ATKR	F	-0.06%
GMS	C	-0.06%
BE	F	-0.05%
ARCB	D	-0.05%
HNI	C	-0.05%
GFF	C	-0.05%
MGRC	D	-0.05%
TRN	C	-0.05%
ACVA	C	-0.05%
UNF	B	-0.05%
JBT	C	-0.05%
ROAD	C	-0.05%
HUBG	C	-0.05%
KAR	D	-0.04%
GEO	F	-0.04%
ALG	D	-0.04%
MRCY	C	-0.04%
KMT	B	-0.04%
B	C	-0.04%
HURN	C	-0.04%
CLVT	D	-0.04%
MLKN	F	-0.04%
ROCK	D	-0.04%
SXI	C	-0.04%
HAYW	C	-0.04%
WERN	C	-0.04%
EPAC	B	-0.04%
HI	F	-0.04%
AIR	D	-0.04%
AZZ	C	-0.04%
LNN	C	-0.03%
ENVX	F	-0.03%
DNOW	F	-0.03%
AMWD	C	-0.03%
NVEE	F	-0.03%
CSGS	C	-0.03%
HLIO	C	-0.03%
APOG	B	-0.03%
PLUG	F	-0.03%
CAR	D	-0.03%
SNDR	B	-0.03%
GBX	D	-0.03%
CXW	F	-0.03%
VSEC	D	-0.03%
JBLU	C	-0.03%
BLBD	D	-0.03%
REVG	D	-0.03%
HEES	D	-0.03%
JBI	F	-0.03%
POWL	B	-0.03%
CMPR	F	-0.03%
VSTS	D	-0.03%
MYRG	F	-0.03%
IESC	B	-0.03%
TNC	D	-0.03%
JOBY	F	-0.03%
RKLB	C	-0.03%
HCSG	D	-0.02%
DCO	B	-0.02%
GRC	D	-0.02%
BXC	D	-0.02%
CECO	C	-0.02%
WNC	F	-0.02%
VICR	C	-0.02%
ATSG	C	-0.02%
DLX	F	-0.02%
HA	A	-0.02%
SHLS	F	-0.02%
ERII	C	-0.02%
DRVN	C	-0.02%
BBSI	C	-0.02%
CDRE	C	-0.02%
NVRI	D	-0.02%
FA	B	-0.02%
BV	C	-0.02%
CMCO	D	-0.02%
AMRC	B	-0.02%
AGX	B	-0.02%
ARRY	F	-0.02%
MRTN	D	-0.02%
TPC	C	-0.02%
THR	F	-0.02%
MEG	F	-0.02%
TGI	F	-0.02%
TILE	C	-0.02%
MRC	D	-0.02%
TRNS	D	-0.02%
PBI	C	-0.02%
FLNC	C	-0.02%
CRAI	C	-0.02%
SCS	D	-0.02%
KFRC	F	-0.02%
JELD	D	-0.02%
UPWK	D	-0.02%
PYCR	D	-0.02%
NX	F	-0.02%
SAVE	F	-0.01%
DDD	D	-0.01%
PLPC	C	-0.01%
LXFR	C	-0.01%
TITN	F	-0.01%
RGP	F	-0.01%
HDSN	D	-0.01%
ULH	D	-0.01%
MTW	F	-0.01%
HTZ	F	-0.01%
NPK	D	-0.01%
TWI	D	-0.01%
FC	C	-0.01%
SNCY	D	-0.01%
SHYF	D	-0.01%
SRCL	B	-0.01%
LQDT	C	-0.01%
ACCO	C	-0.01%
HY	F	-0.01%
PL	D	-0.01%
SMR	C	-0.01%
CNDT	C	-0.01%
EBF	C	-0.01%
GIC	D	-0.01%
PLOW	C	-0.01%
ALGT	D	-0.01%
FWRD	D	-0.01%
GLDD	C	-0.01%
KELYA	D	-0.01%
ACHR	F	-0.01%
IIIN	F	-0.01%
HTLD	F	-0.01%
MLR	D	-0.01%
VVI	C	-0.01%
MATW	F	-0.01%
DXPE	C	-0.01%
ASTE	F	-0.01%
GNK	C	-0.01%
CHPT	F	-0.01%
PRLB	F	-0.01%
XMTR	D	-0.01%
HSII	C	-0.01%
NRGV	F	-0.0%
STEM	F	-0.0%
TTEC	F	-0.0%
FREY	F	-0.0%
SES	F	-0.0%
ALTG	F	-0.0%
EAF	D	-0.0%
ASLE	F	-0.0%
BLNK	F	-0.0%
KRT	F	-0.0%
TPIC	C	-0.0%
FCEL	F	-0.0%
TASK	F	-0.0%
TBI	F	-0.0%
FORR	F	-0.0%
ULCC	D	-0.0%