ITAN vs. FBCV ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to Fidelity Blue Chip Value ETF (FBCV)

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$32.50

Average Daily Volume

1,878

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

FBCV

Fidelity Blue Chip Value ETF

FBCV Description

The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.01

Average Daily Volume

11,160

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	FBCV
30 Days	5.34%	3.52%
60 Days	7.33%	4.01%
90 Days	9.71%	5.93%
12 Months	31.35%	22.34%

20 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in FBCV	Overlap
BMY	B	1.04%	1.7%	1.04%
CMCSA	B	1.07%	2.85%	1.07%
CMI	A	0.85%	0.41%	0.41%
CNC	D	0.56%	2.14%	0.56%
CSCO	B	1.77%	2.17%	1.77%
CTSH	B	0.77%	1.35%	0.77%
CVS	D	0.96%	1.27%	0.96%
DIS	B	1.25%	2.37%	1.25%
DOX	D	0.23%	1.13%	0.23%
FDX	B	0.86%	0.91%	0.86%
G	B	0.28%	0.32%	0.28%
GILD	C	0.9%	1.13%	0.9%
HRB	D	0.21%	1.7%	0.21%
JCI	C	0.68%	0.76%	0.68%
LHX	C	0.71%	0.64%	0.64%
LMT	D	0.38%	1.24%	0.38%
NOC	D	0.88%	1.38%	0.88%
NXPI	D	0.67%	0.15%	0.15%
TPR	B	0.38%	0.31%	0.31%
WFC	A	1.56%	1.64%	1.56%

ITAN Overweight 131 Positions Relative to FBCV

Symbol	Grade	Weight
AMZN	C	4.72%
META	D	2.91%
ORCL	B	2.38%
GOOG	C	2.11%
GOOGL	C	2.11%
CRM	B	2.09%
IBM	C	1.76%
T	A	1.63%
ACN	C	1.58%
QCOM	F	1.53%
TMUS	B	1.43%
VZ	C	1.36%
PFE	D	1.32%
INTC	D	1.25%
RTX	C	1.22%
HON	B	1.21%
MDT	D	1.15%
DELL	C	1.13%
PYPL	B	1.09%
COF	B	1.08%
BA	F	1.03%
GM	B	0.97%
SQ	B	0.94%
PANW	C	0.89%
MMM	D	0.88%
TGT	F	0.83%
F	C	0.81%
UAL	A	0.76%
HPQ	B	0.74%
ALL	A	0.74%
CHTR	C	0.71%
DASH	A	0.71%
BDX	F	0.69%
WDAY	B	0.67%
EBAY	D	0.66%
NTAP	C	0.64%
GD	F	0.64%
ADSK	A	0.64%
HPE	B	0.63%
DAL	C	0.61%
GLW	B	0.6%
EXPE	B	0.59%
CVNA	B	0.58%
HUM	C	0.56%
WBD	C	0.55%
EA	A	0.55%
WDC	D	0.55%
PRU	A	0.54%
CAH	B	0.52%
DOCU	A	0.52%
KR	B	0.51%
VTRS	A	0.51%
ZM	B	0.51%
SNAP	C	0.5%
ZS	C	0.5%
ILMN	D	0.5%
TWLO	A	0.49%
NTNX	A	0.48%
LDOS	C	0.47%
FFIV	B	0.46%
DD	D	0.45%
ROK	B	0.45%
BBY	D	0.45%
ZBRA	B	0.45%
BAX	D	0.45%
DGX	A	0.44%
LH	C	0.44%
TRMB	B	0.43%
IQV	D	0.43%
OKTA	C	0.42%
ACM	A	0.42%
J	F	0.41%
PSTG	D	0.4%
BIIB	F	0.4%
AAL	B	0.4%
JNPR	F	0.4%
BAH	F	0.4%
CIEN	B	0.39%
DVA	B	0.38%
EXAS	D	0.38%
JLL	D	0.37%
ROKU	D	0.37%
DBX	B	0.37%
JBL	B	0.37%
LYFT	C	0.36%
IP	B	0.36%
EMN	D	0.35%
CACI	D	0.35%
NWSA	B	0.34%
AKAM	D	0.33%
SWKS	F	0.33%
TRU	D	0.33%
LUMN	C	0.32%
ALLY	C	0.32%
ACI	C	0.31%
JAZZ	B	0.3%
TAP	C	0.3%
ELAN	D	0.29%
SWK	D	0.29%
TXT	D	0.29%
U	C	0.29%
PARA	C	0.28%
ANF	C	0.28%
ETSY	D	0.28%
W	F	0.28%
WBA	F	0.27%
MASI	A	0.27%
WHR	B	0.27%
BOX	B	0.26%
HAS	D	0.26%
FAF	A	0.26%
BIO	D	0.25%
ALK	C	0.25%
MTCH	D	0.24%
FLS	B	0.24%
MAT	D	0.24%
IVZ	B	0.24%
GAP	C	0.23%
RIVN	F	0.23%
NOV	C	0.23%
UAA	C	0.23%
PATH	C	0.23%
ARW	D	0.23%
RHI	B	0.22%
BWA	D	0.22%
AGCO	D	0.2%
HOG	D	0.2%
QRVO	F	0.2%
M	D	0.16%
RUN	F	0.14%
XRAY	F	0.14%

ITAN Underweight 64 Positions Relative to FBCV

Symbol	Grade	Weight
XOM	B	-4.38%
JPM	A	-3.47%
UNH	C	-2.81%
TRV	B	-2.81%
CI	F	-2.77%
BRK.A	B	-2.65%
PCG	A	-2.45%
BAC	A	-2.36%
BLK	C	-2.06%
DE	A	-2.03%
KVUE	A	-1.98%
AZN	D	-1.83%
JNJ	D	-1.78%
CB	C	-1.75%
EIX	B	-1.5%
KO	D	-1.38%
ELV	F	-1.36%
GEN	B	-1.35%
PNC	B	-1.33%
PG	A	-1.26%
WTW	B	-1.23%
KDP	D	-1.2%
NGG	D	-1.11%
PNR	A	-1.1%
LOW	D	-1.06%
USFD	A	-1.0%
CF	B	-0.99%
HLN	D	-0.98%
ROST	C	-0.97%
MTB	A	-0.96%
USB	A	-0.87%
MRK	F	-0.87%
NTRS	A	-0.86%
SRE	A	-0.83%
APO	B	-0.77%
CCI	D	-0.76%
CCEP	C	-0.74%
MDLZ	F	-0.74%
CCK	C	-0.73%
TSN	B	-0.72%
RRX	B	-0.69%
NEE	D	-0.67%
EQNR	D	-0.66%
BJ	A	-0.63%
DEO	F	-0.62%
MMS	F	-0.59%
AES	F	-0.56%
MU	D	-0.5%
OXY	D	-0.49%
SPG	B	-0.45%
MUSA	A	-0.39%
SO	D	-0.38%
CHRW	C	-0.38%
ALSN	B	-0.3%
SNY	F	-0.3%
OVV	B	-0.28%
OTEX	D	-0.28%
GEV	B	-0.26%
BNTX	D	-0.26%
CFR	B	-0.21%
OSK	B	-0.16%
AVGO	D	-0.14%
AR	B	-0.12%
ULTA	F	-0.1%