KBE vs. FSST ETF Comparison

Comparison of SPDR S&P Bank ETF (KBE) to Fidelity Sustainability U.S. Equity ETF (FSST)

KBE

SPDR S&P Bank ETF

KBE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded national money centers and leading regional banks. In seeking to track the performance of the S&P Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.33

Average Daily Volume

2,453,458

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

$24.41

Average Daily Volume

2,391

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KBE	FSST
30 Days	-3.24%	-2.95%
60 Days	4.43%	1.05%
90 Days	-1.11%	5.58%
12 Months	29.52%	27.34%

2 Overlapping Holdings

	Symbol	Grade	Weight in KBE	Weight in FSST	Overlap
	BAC	A	1.46%	0.56%	0.56%
	NTRS	B	1.46%	0.83%	0.83%

KBE Overweight 89 Positions Relative to FSST

Symbol	Grade	Weight
CRBG	B	1.65%
JXN	A	1.63%
EQH	A	1.59%
RDN	C	1.5%
WFC	A	1.49%
C	A	1.49%
APO	B	1.49%
CFR	B	1.49%
FCNCA	A	1.48%
MTG	B	1.48%
COOP	A	1.47%
VOYA	D	1.47%
BK	A	1.46%
PNC	A	1.46%
MTB	A	1.45%
HBAN	A	1.45%
WTFC	B	1.45%
RF	B	1.44%
BPOP	A	1.44%
JPM	B	1.44%
CMA	A	1.43%
AX	B	1.43%
TFC	A	1.43%
KEY	C	1.43%
ASB	B	1.42%
PNFP	C	1.42%
CFG	A	1.42%
CADE	A	1.42%
OZK	A	1.42%
USB	C	1.42%
ZION	B	1.41%
FITB	A	1.41%
PB	B	1.41%
EWBC	B	1.4%
FHN	B	1.4%
BANC	C	1.4%
WBS	D	1.4%
ONB	B	1.39%
SNV	C	1.39%
WAL	C	1.38%
SSB	D	1.37%
VLY	F	1.36%
COLB	C	1.34%
TCBI	D	1.29%
NYCB	F	1.28%
ESNT	C	1.27%
BKU	B	1.26%
CBSH	A	1.25%
FNB	B	1.18%
GBCI	C	1.16%
HOMB	A	1.15%
WD	C	1.07%
UBSI	D	1.05%
BOH	C	1.03%
HWC	A	1.02%
PFSI	B	1.02%
FBP	A	0.95%
ABCB	B	0.92%
FIBK	B	0.88%
TBBK	F	0.84%
UMBF	A	0.84%
UCBI	C	0.79%
FULT	B	0.77%
FHB	A	0.74%
CVBF	D	0.74%
NMIH	B	0.73%
FFIN	C	0.68%
INDB	B	0.67%
BOKF	A	0.65%
CBU	D	0.63%
WSFS	B	0.62%
PPBI	D	0.59%
IBOC	A	0.55%
SFBS	C	0.54%
CATY	F	0.5%
EBC	C	0.49%
SBCF	D	0.49%
AUB	D	0.48%
HTH	D	0.48%
IBTX	F	0.45%
WAFD	B	0.45%
SFNC	D	0.44%
BANR	C	0.42%
FRME	A	0.39%
FFBC	A	0.37%
TRMK	A	0.35%
RNST	C	0.34%
LKFN	D	0.32%
WSBC	D	0.25%

KBE Underweight 69 Positions Relative to FSST

Symbol	Grade	Weight
MSFT	D	-7.95%
NVDA	B	-5.96%
AMZN	A	-3.93%
GOOGL	A	-3.56%
AAPL	F	-3.06%
MRK	A	-2.78%
PG	A	-2.71%
TRV	D	-2.7%
CRM	D	-2.49%
CI	A	-2.42%
DIS	D	-2.27%
ACN	F	-2.19%
DHR	C	-2.07%
MAR	D	-2.04%
MCO	D	-2.02%
MA	C	-2.01%
LIN	D	-1.98%
INTU	C	-1.94%
ADSK	F	-1.93%
AXP	A	-1.83%
AVY	B	-1.82%
LOW	C	-1.78%
ICLR	C	-1.7%
KBR	A	-1.68%
PLD	F	-1.67%
BLK	C	-1.64%
ON	D	-1.37%
AYI	C	-1.33%
CNC	D	-1.19%
BKR	B	-1.14%
CMCSA	F	-1.07%
NEE	A	-1.03%
VLTO	A	-0.99%
UPS	D	-0.98%
JCI	A	-0.96%
TPR	D	-0.95%
ZTS	D	-0.9%
TMHC	B	-0.87%
IR	B	-0.86%
CCK	B	-0.85%
LNG	B	-0.84%
NFLX	D	-0.83%
RRX	C	-0.82%
DE	B	-0.81%
ACI	F	-0.8%
AMD	C	-0.75%
SFM	A	-0.74%
GILD	F	-0.69%
MAN	A	-0.64%
OXY	A	-0.61%
APTV	F	-0.59%
TGNA	F	-0.54%
NXPI	B	-0.52%
TKR	D	-0.51%
EL	B	-0.51%
ATGE	B	-0.5%
CWEN	B	-0.44%
FSLR	A	-0.43%
GNRC	A	-0.42%
DFS	A	-0.42%
NOMD	C	-0.41%
DAR	D	-0.39%
TSLA	D	-0.3%
MRNA	B	-0.28%
GM	A	-0.23%
CVS	F	-0.22%
VRTX	C	-0.06%
IPG	C	-0.05%
ADBE	D	-0.02%