VABS vs. FSST ETF Comparison

Comparison of Virtus Newfleet ABS/MBS ETF (VABS) to Fidelity Sustainability U.S. Equity ETF (FSST)

VABS

Virtus Newfleet ABS/MBS ETF

VABS Description

The Fund seeks to generate income by investing primarily in short-duration, investment-grade securitized debt across asset-backed securities (ABS) and mortgage-backed securities (MBS), including commercial and residential MBS. A disciplined, time-tested investment process and rigorous risk management approach seeks to target ABS and MBS with competitive yield and current income across undervalued areas of securitized credit markets.

Grade (RS Rating)

Last Trade

$24.17

Average Daily Volume

2,387

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

$27.94

Average Daily Volume

1,225

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VABS	FSST
30 Days	0.28%	2.99%
60 Days	0.04%	4.26%
90 Days	0.27%	5.87%
12 Months	6.93%	32.59%

1 Overlapping Holdings

	Symbol	Grade	Weight in VABS	Weight in FSST	Overlap
	NEE	D	0.01%	1.57%	0.01%

VABS Overweight 49 Positions Relative to FSST

Symbol	Grade	Weight
RLJ	C	4.48%
BW	D	2.27%
EFC	C	1.89%
BFS	C	1.53%
EQC	B	1.49%
DRH	B	1.35%
PBI	B	1.34%
TWO	D	1.26%
ARR	D	1.25%
GNL	F	0.94%
F	C	0.87%
MFA	D	0.86%
CIM	D	0.82%
IVR	F	0.78%
DBRG	F	0.62%
ET	A	0.55%
EPR	D	0.47%
MITT	D	0.45%
CTO	B	0.29%
PSEC	D	0.23%
TDS	B	0.23%
PMT	D	0.21%
AHH	D	0.17%
SHO	C	0.17%
LXP	D	0.17%
INN	D	0.16%
ATCOL	A	0.15%
BHR	B	0.15%
UMH	C	0.11%
ABR	C	0.1%
ALLY	C	0.1%
FTAI	B	0.06%
ALTG	C	0.05%
FHN	A	0.04%
AL	B	0.04%
CIO	D	0.03%
NLY	C	0.03%
SNV	B	0.02%
DX	B	0.02%
CODI	B	0.02%
PEB	D	0.01%
CNO	A	0.01%
VNO	B	0.01%
BOH	B	0.01%
SF	B	0.01%
EQH	B	0.01%
COF	B	0.01%
IFF	D	0.01%
JPM	A	0.01%

VABS Underweight 65 Positions Relative to FSST

Symbol	Grade	Weight
AAPL	C	-7.52%
MSFT	F	-6.22%
NVDA	C	-6.17%
GOOGL	C	-3.43%
AMZN	C	-3.17%
PG	A	-2.98%
MCO	B	-2.6%
CI	F	-2.51%
CRM	B	-2.3%
AXP	A	-2.28%
DIS	B	-2.24%
MA	C	-2.15%
LIN	D	-2.1%
LOW	D	-1.99%
BLK	C	-1.9%
MRK	F	-1.79%
BKR	B	-1.76%
ON	D	-1.66%
KBR	F	-1.61%
PLD	D	-1.53%
DHR	F	-1.46%
GILD	C	-1.41%
AVY	D	-1.32%
HLT	A	-1.24%
JCI	C	-1.24%
TSLA	B	-1.22%
CNC	D	-1.13%
TMHC	B	-1.09%
AYI	B	-1.07%
DE	A	-1.06%
CCK	C	-1.06%
ICLR	D	-1.05%
CMCSA	B	-1.03%
EL	F	-0.99%
NFLX	A	-0.97%
LNG	B	-0.96%
UPS	C	-0.91%
ZTS	D	-0.84%
RRX	B	-0.83%
PSA	D	-0.82%
TGNA	B	-0.79%
VLTO	D	-0.78%
IR	B	-0.77%
C	A	-0.77%
INTU	C	-0.76%
FSLR	F	-0.73%
CDW	F	-0.73%
SBUX	A	-0.71%
DELL	C	-0.71%
MAN	D	-0.68%
GEN	B	-0.65%
BAC	A	-0.64%
DFS	B	-0.64%
CWEN	C	-0.62%
AMD	F	-0.6%
GNRC	B	-0.59%
PHM	D	-0.55%
NTRS	A	-0.55%
HIG	B	-0.52%
EXAS	D	-0.51%
ACN	C	-0.51%
TKR	D	-0.5%
NXPI	D	-0.47%
MRNA	F	-0.31%
ESNT	D	-0.26%