FSTA vs. NXTV ETF Comparison

Comparison of Fidelity MSCI Consumer Staples Index ETF (FSTA) to Simplify Next Intangible Value Index ETF (NXTV)

FSTA

Fidelity MSCI Consumer Staples Index ETF

FSTA Description

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

Grade (RS Rating)

Last Trade

$51.48

Average Daily Volume

107,084

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NXTV

Simplify Next Intangible Value Index ETF

NXTV Description

NXTV targets US companies with low equity valuations relative to their intangible-adjusted book values within their respective sectors. The fund defines intangible capital as productive assets that lack physical presence and are created through investments in brand, knowledge, and organization capital. The index construction starts by calculating an intangible-adjusted book value for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the lowest equity valuations relative to their intangible adjusted book values are selected for inclusion. At least five stocks are included from each of the 13 sectors determined by the index provider using a combination of SIC and NAICS codes along with data from publicly available 10-K filings. Holdings are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$28.86

Average Daily Volume

732

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

Performance

Period	FSTA	NXTV
30 Days	1.74%	5.48%
60 Days	0.78%	5.83%
90 Days	2.45%	10.13%
12 Months	22.02%

16 Overlapping Holdings

Symbol	Grade	Weight in FSTA	Weight in NXTV	Overlap
ACI	C	0.29%	0.49%	0.29%
ADM	D	0.91%	0.4%	0.4%
BG	F	0.48%	0.18%	0.18%
COKE	C	0.3%	0.17%	0.17%
COTY	F	0.15%	0.19%	0.15%
CPB	D	0.36%	0.21%	0.21%
DG	F	0.6%	0.76%	0.6%
DLTR	F	0.49%	0.61%	0.49%
EL	F	0.52%	0.74%	0.52%
INGR	B	0.42%	0.13%	0.13%
KHC	F	1.03%	0.62%	0.62%
KR	B	1.43%	1.77%	1.43%
PFGC	B	0.53%	0.22%	0.22%
SYY	B	1.33%	0.57%	0.57%
TAP	C	0.48%	0.17%	0.17%
TSN	B	0.68%	0.32%	0.32%

FSTA Overweight 82 Positions Relative to NXTV

Symbol	Grade	Weight
COST	B	12.93%
PG	A	12.26%
WMT	A	11.77%
KO	D	7.89%
PM	B	4.42%
PEP	F	4.42%
MO	A	3.19%
MDLZ	F	2.97%
TGT	F	2.43%
CL	D	2.39%
KVUE	A	1.54%
KMB	D	1.53%
MNST	C	1.46%
STZ	D	1.37%
KDP	D	1.35%
GIS	D	1.27%
HSY	F	0.97%
CHD	B	0.95%
K	A	0.81%
CLX	B	0.77%
MKC	D	0.71%
USFD	A	0.6%
CASY	A	0.59%
SFM	A	0.58%
CAG	D	0.5%
SJM	D	0.47%
BJ	A	0.47%
LW	C	0.45%
BRBR	A	0.41%
HRL	D	0.36%
FRPT	B	0.33%
DAR	C	0.3%
ELF	C	0.29%
POST	C	0.27%
WBA	F	0.26%
CALM	A	0.23%
WDFC	B	0.23%
FLO	D	0.21%
SMPL	B	0.19%
SAM	C	0.19%
LANC	C	0.19%
SPB	C	0.18%
PPC	C	0.18%
JJSF	B	0.17%
CELH	F	0.16%
ENR	B	0.16%
IPAR	B	0.16%
PSMT	C	0.16%
CHEF	A	0.14%
CENTA	C	0.14%
FDP	B	0.14%
TPB	B	0.13%
GO	C	0.13%
WMK	C	0.13%
REYN	D	0.13%
ANDE	D	0.13%
UNFI	A	0.13%
THS	D	0.12%
EPC	D	0.12%
FIZZ	C	0.12%
UVV	B	0.12%
UTZ	D	0.11%
IMKTA	C	0.11%
VITL	D	0.1%
KLG	C	0.1%
JBSS	D	0.09%
SEB	F	0.09%
AVO	C	0.08%
HAIN	C	0.08%
SPTN	D	0.08%
HLF	C	0.08%
MGPI	F	0.07%
NAPA	B	0.07%
TR	B	0.06%
USNA	C	0.06%
CVGW	D	0.06%
BGS	F	0.06%
CENT	C	0.05%
NUS	D	0.05%
SENEA	B	0.04%
BYND	F	0.04%
OLPX	D	0.03%

FSTA Underweight 178 Positions Relative to NXTV

Symbol	Grade	Weight
CMCSA	B	-5.48%
T	A	-5.05%
VZ	C	-4.68%
PFE	D	-4.63%
INTC	D	-3.52%
DELL	C	-3.41%
C	A	-1.95%
HPQ	B	-1.47%
FDX	B	-1.15%
EBAY	D	-1.1%
CVS	D	-1.08%
HPE	B	-1.06%
GM	B	-1.04%
NTAP	C	-0.98%
COF	B	-0.96%
ZM	B	-0.96%
WDC	D	-0.92%
BBY	D	-0.91%
GFS	C	-0.91%
VICI	C	-0.85%
FOXA	B	-0.83%
MET	A	-0.83%
TRV	B	-0.83%
BIIB	F	-0.78%
SNAP	C	-0.75%
AIG	B	-0.75%
ALL	A	-0.74%
NWS	B	-0.72%
F	C	-0.72%
FCNCA	A	-0.71%
DD	D	-0.69%
PRU	A	-0.67%
NUE	C	-0.67%
ZBH	C	-0.64%
CTVA	C	-0.62%
LEN	D	-0.6%
ILMN	D	-0.58%
MRNA	F	-0.57%
TWLO	A	-0.55%
HUM	C	-0.55%
JNPR	F	-0.54%
CACI	D	-0.53%
BAX	D	-0.53%
SRE	A	-0.53%
D	C	-0.5%
TPR	B	-0.48%
CNC	D	-0.48%
IP	B	-0.47%
PCG	A	-0.46%
LBRDK	C	-0.46%
CCL	B	-0.45%
CTRA	B	-0.45%
ALB	C	-0.43%
SNX	C	-0.42%
VTRS	A	-0.42%
INCY	C	-0.41%
PPG	F	-0.39%
EQT	B	-0.39%
UAL	A	-0.39%
MRO	B	-0.39%
RS	B	-0.38%
EXC	C	-0.38%
FYBR	D	-0.37%
GAP	C	-0.37%
CIEN	B	-0.36%
EXPE	B	-0.36%
ED	D	-0.36%
SOLV	C	-0.35%
FLEX	A	-0.35%
WRB	A	-0.34%
DBX	B	-0.34%
LUV	C	-0.34%
MKL	A	-0.34%
SYF	B	-0.34%
CINF	A	-0.33%
ETR	B	-0.32%
PATH	C	-0.31%
LEVI	F	-0.3%
CFG	B	-0.3%
FTI	A	-0.3%
PFG	D	-0.29%
CRBG	B	-0.29%
BILL	A	-0.29%
PEGA	A	-0.29%
GPC	D	-0.28%
ARE	D	-0.28%
SWK	D	-0.28%
EXEL	B	-0.27%
OVV	B	-0.27%
HSIC	B	-0.27%
L	A	-0.27%
U	C	-0.27%
DDS	B	-0.27%
AMKR	D	-0.26%
TXT	D	-0.26%
BIO	D	-0.26%
EG	C	-0.24%
BLDR	D	-0.24%
PPL	B	-0.24%
FNF	B	-0.24%
WCC	B	-0.23%
VFC	C	-0.23%
NSIT	F	-0.23%
LUMN	C	-0.23%
SATS	D	-0.23%
RGA	A	-0.22%
USM	B	-0.22%
SNA	A	-0.22%
EQH	B	-0.22%
AIT	A	-0.22%
KD	B	-0.22%
CNH	C	-0.21%
RPM	A	-0.21%
W	F	-0.21%
ROKU	D	-0.21%
RNR	C	-0.21%
M	D	-0.2%
JEF	A	-0.2%
JLL	D	-0.2%
ELAN	D	-0.2%
CLVT	F	-0.2%
CNA	B	-0.2%
ALLY	C	-0.2%
KMX	B	-0.2%
JAZZ	B	-0.2%
RIVN	F	-0.19%
PAG	B	-0.19%
AR	B	-0.19%
RHI	B	-0.18%
UPST	B	-0.18%
UNM	A	-0.18%
AA	B	-0.18%
TOL	B	-0.18%
DINO	D	-0.18%
ARW	D	-0.17%
AEO	F	-0.17%
IAC	D	-0.17%
JWN	C	-0.17%
ADTN	A	-0.17%
LKQ	D	-0.17%
FLS	B	-0.17%
SIG	B	-0.16%
AIZ	A	-0.16%
ALIT	C	-0.16%
BWA	D	-0.16%
NI	A	-0.16%
NOV	C	-0.16%
PVH	C	-0.16%
WHR	B	-0.16%
ZI	D	-0.16%
BEN	C	-0.16%
WFRD	D	-0.15%
X	C	-0.15%
CLF	F	-0.15%
LAD	A	-0.15%
GL	B	-0.15%
DXC	B	-0.15%
URBN	C	-0.15%
ASO	F	-0.15%
FRSH	C	-0.15%
SANM	B	-0.15%
XRAY	F	-0.14%
SLAB	D	-0.14%
EVRG	A	-0.14%
ORI	A	-0.14%
AGR	B	-0.14%
FHN	A	-0.14%
CIVI	D	-0.13%
CXT	B	-0.13%
WBD	C	-0.13%
SON	D	-0.13%
MUR	D	-0.12%
ALKS	B	-0.12%
CPRI	F	-0.1%
LCID	F	-0.09%
MGM	D	-0.08%
BYD	C	-0.05%
DLB	B	-0.05%