IAI vs. FSST ETF Comparison

Comparison of iShares U.S. Broker-Dealers ETF (IAI) to Fidelity Sustainability U.S. Equity ETF (FSST)

IAI

iShares U.S. Broker-Dealers ETF

IAI Description

The investment seeks to track the investment results of an index composed of U.S. equities in the investment services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Investment Services Index (the "underlying index"), which measures the performance of the investment services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$113.16

Average Daily Volume

162,179

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$24.18

Average Daily Volume

2,488

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IAI	FSST
30 Days	-0.72%	-2.91%
60 Days	2.73%	-1.25%
90 Days	6.18%	3.16%
12 Months	32.37%	26.60%

1 Overlapping Holdings

	Symbol	Grade	Weight in IAI	Weight in FSST	Overlap
	MCO	C	4.29%	2.02%	2.02%

IAI Overweight 31 Positions Relative to FSST

Symbol	Grade	Weight
GS	A	14.23%
SPGI	C	13.66%
MS	A	11.64%
SCHW	A	7.54%
CME	D	4.3%
ICE	D	4.16%
COIN	C	3.85%
MSCI	F	3.82%
RJF	A	3.76%
NDAQ	B	3.73%
LPLA	A	3.3%
FDS	F	2.61%
IBKR	A	2.03%
TW	B	1.94%
HOOD	B	1.41%
SF	A	1.35%
MKTX	D	1.26%
MORN	D	1.22%
JEF	A	1.21%
HLI	A	1.1%
EVR	D	1.04%
LAZ	C	0.73%
PIPR	A	0.51%
VIRT	A	0.34%
SNEX	A	0.34%
PJT	B	0.34%
DFIN	B	0.27%
MC	C	0.23%
BGC	A	0.21%
RILY	B	0.11%
LPRO	F	0.1%

IAI Underweight 70 Positions Relative to FSST

Symbol	Grade	Weight
MSFT	D	-7.95%
NVDA	C	-5.96%
AMZN	B	-3.93%
GOOGL	A	-3.56%
AAPL	C	-3.06%
MRK	B	-2.78%
PG	A	-2.71%
TRV	C	-2.7%
CRM	D	-2.49%
CI	B	-2.42%
DIS	C	-2.27%
ACN	F	-2.19%
DHR	C	-2.07%
MAR	D	-2.04%
MA	D	-2.01%
LIN	D	-1.98%
INTU	D	-1.94%
ADSK	F	-1.93%
AXP	B	-1.83%
AVY	B	-1.82%
LOW	D	-1.78%
ICLR	D	-1.7%
KBR	A	-1.68%
PLD	D	-1.67%
BLK	D	-1.64%
ON	D	-1.37%
AYI	D	-1.33%
CNC	D	-1.19%
BKR	D	-1.14%
CMCSA	F	-1.07%
NEE	A	-1.03%
VLTO	A	-0.99%
UPS	D	-0.98%
JCI	B	-0.96%
TPR	D	-0.95%
ZTS	D	-0.9%
TMHC	D	-0.87%
IR	B	-0.86%
CCK	B	-0.85%
LNG	B	-0.84%
NTRS	C	-0.83%
NFLX	C	-0.83%
RRX	D	-0.82%
DE	A	-0.81%
ACI	C	-0.8%
AMD	D	-0.75%
SFM	A	-0.74%
GILD	F	-0.69%
MAN	A	-0.64%
OXY	B	-0.61%
APTV	D	-0.59%
BAC	B	-0.56%
TGNA	C	-0.54%
NXPI	B	-0.52%
TKR	A	-0.51%
EL	F	-0.51%
ATGE	B	-0.5%
CWEN	B	-0.44%
FSLR	B	-0.43%
GNRC	B	-0.42%
DFS	B	-0.42%
NOMD	D	-0.41%
DAR	F	-0.39%
TSLA	D	-0.3%
MRNA	A	-0.28%
GM	B	-0.23%
CVS	F	-0.22%
VRTX	C	-0.06%
IPG	F	-0.05%
ADBE	D	-0.02%