TOLL vs. FSST ETF Comparison

Comparison of Tema Monopolies and Oligopolies ETF (TOLL) to Fidelity Sustainability U.S. Equity ETF (FSST)

TOLL

Tema Monopolies and Oligopolies ETF

TOLL Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in domestic and foreign, common and preferred stocks of publicly listed companies where the Herfindahl"Hirschman (HHI) index of the market of operation representing more than 50% of the company"s revenue is above 2,500. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.02

Average Daily Volume

1,614

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

$27.81

Average Daily Volume

1,221

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TOLL	FSST
30 Days	-0.06%	2.16%
60 Days	-1.76%	3.89%
90 Days	-0.44%	5.37%
12 Months	23.30%	31.96%

5 Overlapping Holdings

Symbol	Grade	Weight in TOLL	Weight in FSST	Overlap
DE	B	1.5%	1.06%	1.06%
GILD	C	1.09%	1.41%	1.09%
INTU	B	3.61%	0.76%	0.76%
LOW	C	2.1%	1.99%	1.99%
MCO	B	5.89%	2.6%	2.6%

TOLL Overweight 23 Positions Relative to FSST

Symbol	Grade	Weight
GE	D	6.07%
FICO	B	5.6%
ICE	C	5.5%
V	A	5.4%
SPGI	C	4.6%
SHW	B	4.25%
MSCI	C	3.4%
CPRT	B	3.29%
VMC	B	3.28%
EFX	F	2.79%
CME	B	2.78%
AON	A	2.75%
TER	F	2.7%
TYL	B	2.69%
KLAC	F	2.58%
WAT	C	2.38%
TMO	F	2.22%
LRCX	F	2.09%
CNI	F	1.91%
TECH	F	1.9%
ADI	D	1.89%
IDXX	F	1.5%
BDX	F	1.0%

TOLL Underweight 61 Positions Relative to FSST

Symbol	Grade	Weight
AAPL	C	-7.52%
MSFT	D	-6.22%
NVDA	B	-6.17%
GOOGL	C	-3.43%
AMZN	C	-3.17%
PG	C	-2.98%
CI	D	-2.51%
CRM	B	-2.3%
AXP	A	-2.28%
DIS	B	-2.24%
MA	B	-2.15%
LIN	C	-2.1%
BLK	B	-1.9%
MRK	D	-1.79%
BKR	A	-1.76%
ON	D	-1.66%
KBR	F	-1.61%
NEE	C	-1.57%
PLD	F	-1.53%
DHR	F	-1.46%
AVY	F	-1.32%
HLT	A	-1.24%
JCI	B	-1.24%
TSLA	B	-1.22%
CNC	D	-1.13%
TMHC	C	-1.09%
AYI	B	-1.07%
CCK	D	-1.06%
ICLR	D	-1.05%
CMCSA	B	-1.03%
EL	F	-0.99%
NFLX	A	-0.97%
LNG	A	-0.96%
UPS	C	-0.91%
ZTS	D	-0.84%
RRX	B	-0.83%
PSA	C	-0.82%
TGNA	B	-0.79%
VLTO	C	-0.78%
IR	B	-0.77%
C	A	-0.77%
FSLR	F	-0.73%
CDW	F	-0.73%
SBUX	A	-0.71%
DELL	B	-0.71%
MAN	F	-0.68%
GEN	B	-0.65%
BAC	A	-0.64%
DFS	B	-0.64%
CWEN	C	-0.62%
AMD	F	-0.6%
GNRC	C	-0.59%
PHM	D	-0.55%
NTRS	A	-0.55%
HIG	B	-0.52%
EXAS	D	-0.51%
ACN	B	-0.51%
TKR	D	-0.5%
NXPI	D	-0.47%
MRNA	F	-0.31%
ESNT	F	-0.26%