SOVF vs. FDFF ETF Comparison

Comparison of Sovereign's Capital Flourish Fund (SOVF) to Fidelity Disruptive Finance ETF (FDFF)

SOVF

Sovereign's Capital Flourish Fund

SOVF Description

The fund invests primarily in common stock of publicly traded U.S. companies that are selected by the fund's investment adviser. The Adviser employs an active management strategy in seeking to achieve the fund"s objective.

Grade (RS Rating)

Last Trade

$31.34

Average Daily Volume

12,353

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDFF

Fidelity Disruptive Finance ETF

FDFF Description

The fund normally invests at least 80% of assets in securities of disruptive finance companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.57

Average Daily Volume

2,318

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SOVF	FDFF
30 Days	1.56%	7.32%
60 Days	2.92%	13.61%
90 Days	3.40%	18.14%
12 Months	20.80%	43.04%

2 Overlapping Holdings

	Symbol	Grade	Weight in SOVF	Weight in FDFF	Overlap
	FI	A	2.55%	1.83%	1.83%
	RPAY	D	1.42%	0.68%	0.68%

SOVF Overweight 77 Positions Relative to FDFF

Symbol	Grade	Weight
GSHD	B	3.58%
PAYC	B	2.85%
ALKT	B	2.83%
PCTY	B	2.72%
PRI	A	2.71%
COKE	C	2.69%
LOPE	B	2.69%
CBRE	B	2.63%
DAVA	D	2.5%
PGR	B	2.28%
AFG	A	2.28%
LCII	D	2.2%
AJG	B	2.01%
PX	A	2.0%
TSN	B	1.96%
FOLD	F	1.95%
EEFT	C	1.87%
RJF	A	1.82%
MOH	F	1.78%
PPC	B	1.67%
BIGC	C	1.62%
DIOD	F	1.57%
KFY	B	1.54%
NSP	F	1.47%
SBAC	D	1.46%
NHC	B	1.39%
COLM	B	1.35%
BDX	F	1.31%
APG	C	1.29%
UPS	C	1.27%
FANG	D	1.24%
GEF	B	1.23%
CSCO	B	1.17%
SCHW	A	1.17%
QCOM	F	1.16%
DVN	F	1.1%
NEO	C	1.09%
ANET	C	1.08%
ITT	A	1.05%
BKH	A	1.04%
ADV	C	1.01%
LECO	C	1.01%
VRRM	F	1.0%
APA	F	1.0%
SITE	D	0.98%
AWK	C	0.91%
AMED	F	0.88%
USFD	A	0.85%
IEX	B	0.73%
PLOW	D	0.7%
INTC	C	0.69%
CSWI	A	0.68%
TFIN	B	0.62%
FAST	B	0.58%
SAIC	F	0.57%
SMCI	F	0.57%
WMT	A	0.56%
ADP	B	0.56%
JBHT	C	0.54%
HCSG	C	0.54%
RMD	C	0.52%
ERIE	F	0.52%
VRSN	F	0.5%
WCN	A	0.49%
HUBS	B	0.49%
CPT	C	0.49%
GGG	B	0.48%
AZZ	A	0.48%
ORLY	B	0.48%
SPB	C	0.47%
CPRT	B	0.47%
SPTN	F	0.46%
JJSF	C	0.45%
SPSC	F	0.45%
KFRC	D	0.43%
NTAP	C	0.42%
OPCH	F	0.37%

SOVF Underweight 31 Positions Relative to FDFF

Symbol	Grade	Weight
BLK	B	-5.78%
APO	A	-5.71%
V	A	-5.36%
MA	B	-5.06%
COF	B	-5.03%
FLYW	B	-4.39%
MSTR	A	-3.84%
EFX	F	-3.33%
ICE	C	-2.9%
TOST	A	-2.83%
SQ	A	-2.07%
OWL	A	-2.06%
DLO	C	-2.0%
COIN	A	-2.0%
TW	A	-1.48%
CBOE	C	-1.47%
NRDS	C	-1.38%
ARES	A	-1.34%
MKTX	D	-1.16%
CASH	B	-1.15%
VRSK	B	-1.1%
NU	C	-1.09%
MSCI	B	-1.06%
BILL	B	-1.03%
VIRT	A	-0.99%
PFSI	C	-0.96%
AMH	C	-0.9%
FOUR	A	-0.89%
ALLY	C	-0.85%
MELI	D	-0.81%
UWMC	D	-0.59%