SHRY vs. FHEQ ETF Comparison

Comparison of First Trust Bloomberg Shareholder Yield ETF (SHRY) to Fidelity Hedged Equity ETF (FHEQ)

SHRY

First Trust Bloomberg Shareholder Yield ETF

SHRY Description

The fund will normally invest at least 90% of its net assets in the securities that comprise the index. The index is designed to select dividend-paying securities issued by large capitalization U.S. companies.

Grade (RS Rating)

Last Trade

$42.72

Average Daily Volume

433

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	SHRY	FHEQ
30 Days	3.76%	2.51%
60 Days	3.76%	3.80%
90 Days	5.78%	4.54%
12 Months

25 Overlapping Holdings

Symbol	Grade	Weight in SHRY	Weight in FHEQ	Overlap
AAPL	C	1.43%	7.31%	1.43%
ADBE	C	0.96%	0.93%	0.93%
ADP	B	1.49%	0.16%	0.16%
AMAT	F	0.72%	0.7%	0.7%
BLK	C	1.56%	0.23%	0.23%
BRK.A	B	0.39%	2.19%	0.39%
CAH	B	3.8%	0.4%	0.4%
CL	D	1.54%	0.58%	0.58%
CMCSA	B	1.91%	0.83%	0.83%
CME	A	2.25%	0.37%	0.37%
EOG	A	3.63%	0.43%	0.43%
ETN	A	1.07%	0.15%	0.15%
GOOGL	C	1.15%	2.02%	1.15%
JNJ	D	2.35%	0.61%	0.61%
KLAC	D	0.54%	0.54%	0.54%
LMT	D	2.52%	0.69%	0.69%
MA	C	1.16%	1.34%	1.16%
MRK	F	1.59%	0.69%	0.69%
MSFT	F	0.39%	5.64%	0.39%
ORCL	B	0.85%	0.04%	0.04%
PG	A	1.73%	0.87%	0.87%
QCOM	F	1.15%	0.84%	0.84%
TRV	B	1.51%	0.49%	0.49%
UNP	C	1.52%	0.73%	0.73%
V	A	1.76%	0.47%	0.47%

SHRY Overweight 24 Positions Relative to FHEQ

Symbol	Grade	Weight
MO	A	5.34%
AMP	A	5.01%
PFG	D	4.77%
CHTR	C	3.92%
KMI	A	3.13%
HPQ	B	3.07%
MCK	B	3.03%
LYB	F	2.95%
HIG	B	2.86%
NVR	D	2.49%
AFL	B	2.46%
GIS	D	2.33%
MET	A	2.28%
SLB	C	1.95%
KMB	D	1.84%
MDT	D	1.73%
PAYX	C	1.55%
ABT	B	1.46%
ORLY	B	1.36%
SHW	A	1.18%
MCD	D	1.1%
BX	A	1.1%
CB	C	0.99%
ACN	C	0.7%

SHRY Underweight 143 Positions Relative to FHEQ

Symbol	Grade	Weight
NVDA	C	-7.27%
AMZN	C	-3.64%
META	D	-2.87%
JPM	A	-1.82%
GOOG	C	-1.74%
XOM	B	-1.54%
AVGO	D	-1.49%
HD	A	-1.32%
TSLA	B	-1.26%
NFLX	A	-1.26%
BAC	A	-1.17%
CRM	B	-1.09%
ABBV	D	-1.0%
PM	B	-0.92%
WMT	A	-0.8%
CSCO	B	-0.79%
LLY	F	-0.76%
NEE	D	-0.73%
TJX	A	-0.73%
GILD	C	-0.73%
TT	A	-0.69%
BMY	B	-0.68%
T	A	-0.67%
CTAS	B	-0.66%
CI	F	-0.63%
PGR	A	-0.63%
ECL	D	-0.62%
SQ	B	-0.59%
BDX	F	-0.59%
UNH	C	-0.57%
DIS	B	-0.57%
NOC	D	-0.56%
SCHW	B	-0.56%
PFE	D	-0.56%
SEIC	B	-0.54%
C	A	-0.54%
PYPL	B	-0.54%
DVN	F	-0.53%
ZM	B	-0.52%
CVNA	B	-0.52%
MMC	B	-0.52%
TXT	D	-0.51%
DBX	B	-0.51%
MSCI	C	-0.49%
CMG	B	-0.49%
CAT	B	-0.48%
MU	D	-0.47%
ZBRA	B	-0.47%
GE	D	-0.45%
IGT	F	-0.45%
COST	B	-0.45%
ALLE	D	-0.44%
RTX	C	-0.44%
CSX	B	-0.43%
AXP	A	-0.43%
EXEL	B	-0.43%
PCAR	B	-0.42%
ALRM	C	-0.4%
WM	A	-0.38%
BK	A	-0.36%
TDC	D	-0.35%
PPG	F	-0.34%
NOW	A	-0.34%
ANF	C	-0.33%
LDOS	C	-0.32%
NUE	C	-0.32%
MEDP	D	-0.31%
GRMN	B	-0.31%
CACI	D	-0.3%
TMUS	B	-0.29%
SKYW	B	-0.29%
SPGI	C	-0.28%
HWM	A	-0.27%
INCY	C	-0.27%
MSI	B	-0.26%
TMO	F	-0.26%
IDXX	F	-0.26%
NSC	B	-0.26%
FTNT	C	-0.24%
AMT	D	-0.24%
AMGN	D	-0.24%
TROW	B	-0.23%
LRCX	F	-0.23%
LHX	C	-0.23%
AME	A	-0.22%
MGM	D	-0.22%
CVS	D	-0.22%
MMM	D	-0.22%
BIIB	F	-0.21%
XEL	A	-0.21%
RSG	A	-0.2%
GL	B	-0.2%
CLX	B	-0.2%
PSA	D	-0.19%
GAP	C	-0.18%
DOCU	A	-0.18%
HLT	A	-0.18%
VZ	C	-0.18%
GEHC	F	-0.17%
LNW	D	-0.17%
FTI	A	-0.17%
WDAY	B	-0.16%
SPG	B	-0.16%
MS	A	-0.16%
PEGA	A	-0.16%
F	C	-0.15%
TPH	D	-0.15%
WFC	A	-0.15%
UBER	D	-0.14%
GEN	B	-0.13%
DASH	A	-0.12%
VEEV	C	-0.12%
CINF	A	-0.12%
SOLV	C	-0.12%
NBIX	C	-0.11%
BBWI	D	-0.11%
QRVO	F	-0.11%
VST	B	-0.11%
KR	B	-0.11%
ROST	C	-0.1%
PLTK	B	-0.1%
MKL	A	-0.09%
BAH	F	-0.09%
ANET	C	-0.08%
DOC	D	-0.08%
ALL	A	-0.07%
BCC	B	-0.07%
MDLZ	F	-0.07%
L	A	-0.07%
TENB	C	-0.06%
CRUS	D	-0.06%
LYFT	C	-0.06%
BLD	D	-0.05%
UTHR	C	-0.05%
QGEN	D	-0.04%
SCCO	F	-0.04%
LPLA	A	-0.03%
CVX	A	-0.02%
MHO	D	-0.02%
TWLO	A	-0.02%
UNM	A	-0.01%
NWL	B	-0.01%
OGE	B	-0.01%