SCHI vs. FBUF ETF Comparison

Comparison of Schwab 5-10 Year Corporate Bond ETF (SCHI) to Fidelity Dynamic Buffered Equity ETF (FBUF)

SCHI

Schwab 5-10 Year Corporate Bond ETF

SCHI Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 5-10 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to five years and less than ten years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$22.24

Average Daily Volume

858,640

Number of Holdings ^*

470

* may have additional holdings in another (foreign) market

FBUF

Fidelity Dynamic Buffered Equity ETF

FBUF Description

FBUF seeks capital appreciation by investing in a large-cap equity portfolio of US and foreign stocks while utilizing a defensive options collar strategy. The fund aims to outperform the S&P 500 by picking stocks using a computer-aided, quantitative analysis of historical valuation, growth, and profitability, among other factors. The proprietary process seeks to find the optimal portfolio holdings, overweight stocks with positive characteristics, and manage benchmark relative risks. For the options strategy, the fund typically buys out-of-the-money put options on the S&P 500 Index and simultaneously sells out-of-the-money S&P 500 Index call options. Premium earned from writing calls is intended to offset the cost of buying puts, but this essentially caps the upside returns of the equity portfolio. For a continuous downside hedge, the adviser selects put options through a laddered approach that rolls monthly. The adviser diversifies the written call positions, which are rolled weekly, with different strike prices and expiration dates.

Grade (RS Rating)

Last Trade

$27.24

Average Daily Volume

3,533

Number of Holdings ^*

154

* may have additional holdings in another (foreign) market

Performance

Period	SCHI	FBUF
30 Days	-1.33%	1.05%
60 Days	-1.64%	5.89%
90 Days	0.97%	8.40%
12 Months	11.83%

97 Overlapping Holdings

Symbol	Grade	Weight in SCHI	Weight in FBUF	Overlap
AAPL	C	0.06%	7.33%	0.06%
ABBV	B	0.09%	1.14%	0.09%
ABT	B	0.03%	0.65%	0.03%
ADBE	D	0.05%	0.93%	0.05%
ALLE	D	0.02%	0.15%	0.02%
AMAT	F	0.11%	0.74%	0.11%
AMGN	D	0.06%	0.29%	0.06%
AMT	D	0.02%	0.09%	0.02%
AMZN	A	0.06%	3.67%	0.06%
AON	B	0.03%	0.12%	0.03%
AVGO	B	0.03%	1.87%	0.03%
AXP	B	0.11%	0.42%	0.11%
BAC	B	0.03%	1.08%	0.03%
BDX	D	0.03%	0.62%	0.03%
BIIB	F	0.07%	0.24%	0.07%
BK	A	0.02%	0.12%	0.02%
BMY	A	0.04%	0.75%	0.04%
C	B	0.03%	0.68%	0.03%
CAH	C	0.08%	0.47%	0.08%
CAT	B	0.03%	0.65%	0.03%
CI	D	0.03%	0.63%	0.03%
CLX	C	0.02%	0.14%	0.02%
CMCSA	B	0.04%	0.87%	0.04%
CME	B	0.03%	0.44%	0.03%
COST	C	0.02%	0.29%	0.02%
CRM	B	0.07%	1.09%	0.07%
CSX	D	0.03%	0.56%	0.03%
CTAS	B	0.05%	0.63%	0.05%
CVS	F	0.03%	0.23%	0.03%
CVX	B	0.03%	0.02%	0.02%
DIS	C	0.02%	0.34%	0.02%
DVN	F	0.02%	0.53%	0.02%
ECL	D	0.01%	0.6%	0.01%
ED	D	0.01%	0.1%	0.01%
EOG	F	0.04%	0.27%	0.04%
EQH	B	0.1%	0.05%	0.05%
ETN	B	0.04%	0.15%	0.04%
GE	D	0.06%	0.48%	0.06%
GILD	A	0.04%	0.77%	0.04%
GL	C	0.02%	0.13%	0.02%
GOOGL	B	0.06%	2.03%	0.06%
HD	B	0.03%	1.29%	0.03%
ITW	A	0.04%	0.14%	0.04%
JNJ	D	0.04%	0.77%	0.04%
JPM	B	0.04%	1.8%	0.04%
KLAC	F	0.06%	0.59%	0.06%
KO	D	0.01%	0.02%	0.01%
KR	A	0.03%	0.12%	0.03%
LDOS	A	0.09%	0.36%	0.09%
LHX	B	0.03%	0.11%	0.03%
LLY	F	0.01%	0.88%	0.01%
LMT	D	0.01%	0.71%	0.01%
LRCX	F	0.05%	0.12%	0.05%
MA	B	0.02%	1.35%	0.02%
MMC	D	0.05%	0.53%	0.05%
MMM	D	0.02%	0.19%	0.02%
MRK	F	0.03%	0.8%	0.03%
MSFT	D	0.23%	5.7%	0.23%
MSI	B	0.01%	0.41%	0.01%
MU	C	0.04%	0.69%	0.04%
NEE	D	0.02%	0.68%	0.02%
NOC	D	0.06%	0.61%	0.06%
NOW	A	0.08%	0.48%	0.08%
NSC	B	0.03%	0.09%	0.03%
NUE	F	0.03%	0.36%	0.03%
NVDA	B	0.07%	7.27%	0.07%
OGE	A	0.01%	0.03%	0.01%
ORCL	B	0.03%	0.04%	0.03%
PEP	F	0.03%	0.2%	0.03%
PFE	D	0.04%	0.48%	0.04%
PG	D	0.03%	0.79%	0.03%
PGR	D	0.03%	0.65%	0.03%
PM	A	0.02%	0.95%	0.02%
PPG	F	0.02%	0.35%	0.02%
PSA	D	0.03%	0.16%	0.03%
PYPL	B	0.03%	0.67%	0.03%
QCOM	F	0.04%	0.87%	0.04%
RTX	C	0.01%	0.28%	0.01%
SCHW	B	0.01%	0.7%	0.01%
SPG	A	0.03%	0.41%	0.03%
SPGI	D	0.02%	0.37%	0.02%
SYK	A	0.01%	0.23%	0.01%
T	B	0.07%	0.7%	0.07%
TJX	D	0.03%	0.69%	0.03%
TMO	D	0.02%	0.87%	0.02%
TMUS	B	0.1%	0.07%	0.07%
TT	B	0.07%	0.63%	0.07%
TXT	D	0.02%	0.45%	0.02%
UNH	D	0.03%	0.56%	0.03%
UNM	A	0.02%	0.09%	0.02%
UNP	D	0.02%	0.76%	0.02%
V	A	0.01%	0.61%	0.01%
VZ	D	0.01%	0.39%	0.01%
WM	B	0.03%	0.41%	0.03%
WMT	A	0.03%	0.81%	0.03%
XEL	B	0.01%	0.13%	0.01%
XOM	B	0.05%	1.52%	0.05%

SCHI Overweight 373 Positions Relative to FBUF

Symbol	Grade	Weight
DT	B	0.26%
DD	C	0.13%
TSN	D	0.13%
MS	B	0.11%
TD	F	0.09%
KEY	B	0.08%
MRO	C	0.07%
DLTR	F	0.07%
ARCC	B	0.07%
KOF	F	0.07%
BWA	D	0.07%
QRVO	F	0.07%
BMO	B	0.07%
NXPI	D	0.07%
BABA	B	0.07%
XRAY	F	0.06%
REGN	F	0.06%
PKG	A	0.06%
INTU	D	0.06%
CNO	B	0.06%
SLB	F	0.06%
HAL	F	0.06%
JD	C	0.06%
CB	D	0.06%
BIDU	F	0.06%
LH	B	0.06%
CHTR	B	0.06%
INTC	C	0.06%
HCA	D	0.06%
DB	B	0.06%
NWG	A	0.06%
HSBC	A	0.06%
VRSN	F	0.05%
STE	D	0.05%
GP	F	0.05%
DHR	D	0.05%
NVR	C	0.05%
URI	B	0.05%
EMN	D	0.05%
BDN	D	0.05%
ZBH	D	0.05%
ADM	F	0.05%
OC	B	0.05%
CMI	A	0.05%
MOS	C	0.05%
VRSK	B	0.05%
DGX	B	0.05%
TRMB	B	0.05%
LEN	D	0.05%
CHRW	C	0.05%
HES	C	0.05%
MET	C	0.05%
PWR	A	0.05%
EFX	D	0.05%
ADP	A	0.05%
FITB	B	0.05%
MAS	C	0.05%
EPR	D	0.05%
TGT	D	0.05%
TXN	B	0.05%
O	D	0.05%
COF	A	0.05%
AMCR	D	0.05%
GPN	D	0.05%
GSK	F	0.05%
AER	B	0.05%
VOD	D	0.05%
GS	B	0.05%
RJF	B	0.04%
FHN	B	0.04%
SWX	B	0.04%
BNS	B	0.04%
FLO	D	0.04%
RYN	B	0.04%
UHS	D	0.04%
DOX	B	0.04%
LVS	B	0.04%
INGR	A	0.04%
IEX	B	0.04%
RL	A	0.04%
TPR	B	0.04%
DAL	A	0.04%
PNR	A	0.04%
TSCO	D	0.04%
BC	C	0.04%
JCI	B	0.04%
CUBE	D	0.04%
NEM	D	0.04%
EXP	B	0.04%
GXO	B	0.04%
PSX	F	0.04%
RPRX	D	0.04%
FLEX	A	0.04%
PAA	D	0.04%
CPT	D	0.04%
NI	A	0.04%
VLO	F	0.04%
EMR	A	0.04%
WAB	A	0.04%
CAG	D	0.04%
BHF	C	0.04%
MPLX	A	0.04%
OTIS	B	0.04%
USB	B	0.04%
SYF	A	0.04%
LOW	B	0.04%
MO	A	0.04%
SITC	F	0.03%
PPL	B	0.03%
SCS	F	0.03%
IFF	D	0.03%
PHM	D	0.03%
KEX	D	0.03%
MDT	B	0.03%
BEN	C	0.03%
INVH	F	0.03%
NHI	D	0.03%
EA	A	0.03%
DHI	D	0.03%
RS	C	0.03%
BNL	D	0.03%
SNX	B	0.03%
WPC	F	0.03%
BRO	A	0.03%
ADC	C	0.03%
HP	C	0.03%
AVT	B	0.03%
CTVA	A	0.03%
SWKS	F	0.03%
KSS	F	0.03%
AAT	B	0.03%
HIG	D	0.03%
SKT	B	0.03%
JNPR	A	0.03%
CBOE	B	0.03%
ADI	C	0.03%
DRI	B	0.03%
LNC	B	0.03%
HIW	C	0.03%
MCY	B	0.03%
CMA	B	0.03%
EW	D	0.03%
BKU	D	0.03%
LIN	D	0.03%
NOV	F	0.03%
NDAQ	A	0.03%
IPG	F	0.03%
CTRA	F	0.03%
MAA	D	0.03%
ZTS	F	0.03%
WY	D	0.03%
FNF	D	0.03%
K	A	0.03%
ESGR	B	0.03%
BRX	A	0.03%
AES	F	0.03%
HBAN	B	0.03%
HST	C	0.03%
APH	A	0.03%
FMC	B	0.03%
WELL	B	0.03%
HAS	D	0.03%
VNT	C	0.03%
NTRS	B	0.03%
BSX	B	0.03%
HRL	D	0.03%
BAX	D	0.03%
BR	B	0.03%
OMC	B	0.03%
TDY	B	0.03%
STT	A	0.03%
EL	F	0.03%
SYY	C	0.03%
ICE	C	0.03%
BLK	A	0.03%
BG	F	0.03%
MDLZ	F	0.03%
OHI	B	0.03%
FANG	F	0.03%
EXPE	A	0.03%
NKE	F	0.03%
DLR	B	0.03%
PNC	B	0.03%
SHW	C	0.03%
FIS	B	0.03%
GD	D	0.03%
MCD	D	0.03%
GIS	D	0.03%
EBAY	D	0.03%
BXP	B	0.03%
FOXA	B	0.03%
AZN	F	0.03%
MUFG	B	0.03%
PDM	B	0.02%
SAVE	D	0.02%
R	A	0.02%
DOV	A	0.02%
AMG	C	0.02%
L	D	0.02%
CBT	B	0.02%
WBS	B	0.02%
AGR	D	0.02%
ACGL	F	0.02%
LEG	F	0.02%
APTV	F	0.02%
AFG	F	0.02%
SBRA	B	0.02%
AIZ	C	0.02%
GPC	F	0.02%
NVT	C	0.02%
ROST	D	0.02%
AYI	A	0.02%
HUBB	B	0.02%
NEU	D	0.02%
EXR	D	0.02%
SAFE	F	0.02%
EPRT	D	0.02%
OCSL	F	0.02%
ILMN	A	0.02%
WTRG	B	0.02%
KMT	A	0.02%
LXP	D	0.02%
VNO	B	0.02%
PNW	D	0.02%
HSY	F	0.02%
FLS	A	0.02%
AGO	C	0.02%
SON	F	0.02%
WBA	C	0.02%
RNR	B	0.02%
ARW	F	0.02%
SNA	A	0.02%
TEL	B	0.02%
SF	B	0.02%
TKR	D	0.02%
DOC	A	0.02%
OSK	C	0.02%
ATO	B	0.02%
REXR	F	0.02%
ROK	C	0.02%
CNA	D	0.02%
XYL	F	0.02%
SUI	D	0.02%
SJM	D	0.02%
WHR	B	0.02%
FRT	C	0.02%
NNN	D	0.02%
ADSK	A	0.02%
RPM	B	0.02%
CNP	B	0.02%
REG	B	0.02%
LNT	C	0.02%
AXS	B	0.02%
AVY	D	0.02%
H	F	0.02%
CP	D	0.02%
PEG	C	0.02%
LYB	F	0.02%
JBL	B	0.02%
EQR	D	0.02%
UDR	D	0.02%
ARE	D	0.02%
ALL	D	0.02%
ESS	D	0.02%
HUN	F	0.02%
MPC	F	0.02%
BBY	D	0.02%
FAF	D	0.02%
AN	D	0.02%
EIX	D	0.02%
HII	F	0.02%
DTE	D	0.02%
NTAP	D	0.02%
KRC	B	0.02%
VFC	B	0.02%
OKE	A	0.02%
HUM	F	0.02%
CFG	B	0.02%
VMC	B	0.02%
AFL	D	0.02%
MLM	B	0.02%
GLPI	C	0.02%
MCO	D	0.02%
DG	F	0.02%
RGA	D	0.02%
STZ	F	0.02%
CPB	D	0.02%
KEYS	C	0.02%
FDX	D	0.02%
EVRG	B	0.02%
JEF	B	0.02%
SWK	D	0.02%
CSL	D	0.02%
PRU	C	0.02%
PH	A	0.02%
MKC	D	0.02%
UPS	C	0.02%
HPQ	B	0.02%
ORLY	B	0.02%
EPD	A	0.02%
PLD	F	0.02%
APD	B	0.02%
MRVL	A	0.02%
DFS	B	0.02%
WMB	A	0.02%
DOW	F	0.02%
SRE	C	0.02%
HON	B	0.02%
KMI	A	0.02%
BKNG	A	0.02%
CCI	D	0.02%
COP	D	0.02%
AIG	B	0.02%
CARR	D	0.02%
DELL	B	0.02%
KDP	F	0.02%
UAL	A	0.02%
IBM	D	0.02%
BA	F	0.02%
VOYA	C	0.01%
CHD	C	0.01%
MCK	D	0.01%
MHK	D	0.01%
OGS	D	0.01%
KMPR	B	0.01%
LII	A	0.01%
WU	F	0.01%
THG	B	0.01%
LEA	F	0.01%
MKL	D	0.01%
NFG	B	0.01%
PSEC	D	0.01%
WEC	B	0.01%
HR	D	0.01%
KIM	A	0.01%
PRE	D	0.01%
BKH	D	0.01%
HRB	D	0.01%
CHH	B	0.01%
PFG	D	0.01%
STLD	B	0.01%
AAP	F	0.01%
CMS	C	0.01%
HPP	F	0.01%
AAL	C	0.01%
AEE	A	0.01%
AMH	F	0.01%
A	C	0.01%
AEP	D	0.01%
ETR	B	0.01%
AVB	B	0.01%
VTR	B	0.01%
AL	C	0.01%
AWK	D	0.01%
ROP	F	0.01%
AZO	D	0.01%
KMB	D	0.01%
SO	C	0.01%
LAZ	B	0.01%
D	B	0.01%
EQIX	B	0.01%
DE	C	0.01%
DUK	D	0.01%
EXC	D	0.01%
MAR	B	0.01%
GM	A	0.01%
SBUX	B	0.01%
ES	D	0.01%
LUV	B	0.01%
TFC	C	0.01%
PCG	B	0.01%
WFC	B	0.01%
RSG	C	0.0%

SCHI Underweight 57 Positions Relative to FBUF

Symbol	Grade	Weight
META	B	-3.02%
BRK.A	D	-2.15%
GOOG	B	-1.88%
NFLX	A	-1.19%
TSLA	B	-0.87%
CSCO	A	-0.79%
ZM	A	-0.55%
CL	D	-0.55%
EXEL	A	-0.55%
DBX	B	-0.54%
SQ	C	-0.54%
ZBRA	B	-0.53%
SEIC	A	-0.53%
IGT	F	-0.5%
CVNA	B	-0.5%
CMG	D	-0.48%
UBER	C	-0.47%
GRMN	A	-0.43%
ANF	F	-0.41%
TDC	D	-0.41%
HWM	B	-0.38%
ANET	B	-0.38%
SSNC	D	-0.37%
MEDP	F	-0.36%
INCY	A	-0.35%
PCAR	B	-0.35%
CINF	B	-0.31%
F	F	-0.3%
SKYW	A	-0.29%
TROW	B	-0.26%
MSCI	B	-0.26%
TRV	B	-0.25%
GAP	C	-0.21%
CACI	A	-0.21%
NBIX	D	-0.19%
ALRM	D	-0.18%
TPH	D	-0.18%
CRUS	F	-0.17%
LNW	D	-0.16%
MGM	D	-0.15%
BBWI	D	-0.15%
GEN	B	-0.13%
VST	C	-0.11%
PEGA	A	-0.1%
DASH	B	-0.1%
WTW	A	-0.1%
LPLA	B	-0.1%
NRG	B	-0.09%
DOCU	A	-0.09%
TWLO	A	-0.08%
LYFT	C	-0.07%
PLTK	B	-0.07%
UTHR	A	-0.05%
TNL	A	-0.04%
VEEV	C	-0.04%
TOL	C	-0.02%
IDXX	F	-0.02%