YLDE vs. FBCV ETF Comparison

Comparison of ClearBridge Dividend Strategy ESG ETF (YLDE) to Fidelity Blue Chip Value ETF (FBCV)

YLDE

ClearBridge Dividend Strategy ESG ETF

YLDE Description

The investment seeks dividend income, growth of dividend income and long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in dividend-paying stocks or other instruments with similar economic characteristics that offer the potential for income growth and capital appreciation over time and that meet its financial and environmental, social and governance (ESG) criteria. The fund may also invest in companies that the subadviser believes are making substantial progress toward becoming a leader in ESG policies.

Grade (RS Rating)

Last Trade

$52.63

Average Daily Volume

3,147

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FBCV

Fidelity Blue Chip Value ETF

FBCV Description

The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.56

Average Daily Volume

11,069

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	YLDE	FBCV
30 Days	2.11%	2.38%
60 Days	5.03%	3.66%
90 Days	7.57%	5.15%
12 Months	24.17%	21.44%

18 Overlapping Holdings

Symbol	Grade	Weight in YLDE	Weight in FBCV	Overlap
APO	B	3.26%	0.77%	0.77%
AVGO	D	2.73%	0.14%	0.14%
AZN	F	1.12%	1.83%	1.12%
CMCSA	B	3.03%	2.85%	2.85%
CSCO	B	1.18%	2.17%	1.18%
DIS	B	0.77%	2.37%	0.77%
EIX	B	1.37%	1.5%	1.37%
GILD	C	0.81%	1.13%	0.81%
HLN	C	1.68%	0.98%	0.98%
JNJ	C	1.25%	1.78%	1.25%
JPM	A	3.35%	3.47%	3.35%
KO	D	1.84%	1.38%	1.38%
MRK	D	1.58%	0.87%	0.87%
PG	C	1.57%	1.26%	1.26%
PNC	B	1.33%	1.33%	1.33%
SRE	A	3.51%	0.83%	0.83%
TRV	B	2.73%	2.81%	2.73%
UNH	B	1.65%	2.81%	1.65%

YLDE Overweight 32 Positions Relative to FBCV

Symbol	Grade	Weight
WMB	A	4.01%
MSFT	D	3.76%
TMUS	B	2.91%
V	A	2.78%
BDX	F	2.73%
LIN	C	2.46%
KMI	A	2.42%
ORCL	A	2.39%
VMC	B	2.38%
COF	C	2.1%
AAPL	C	2.06%
AVB	B	1.94%
GOOGL	C	1.91%
MET	A	1.79%
UNP	C	1.68%
AMT	C	1.63%
HON	C	1.61%
WM	B	1.6%
HD	B	1.52%
SAP	B	1.5%
EQT	B	1.4%
APD	A	1.38%
DTE	C	1.21%
SBUX	A	1.15%
PSA	C	1.02%
FCX	F	0.94%
PPG	F	0.89%
AIG	B	0.88%
NUE	C	0.87%
GM	C	0.79%
TXN	C	0.68%
UPS	C	0.47%

YLDE Underweight 65 Positions Relative to FBCV

Symbol	Grade	Weight
XOM	B	-4.38%
CI	D	-2.77%
BRK.A	B	-2.65%
PCG	A	-2.45%
BAC	A	-2.36%
CNC	D	-2.14%
DE	B	-2.03%
KVUE	A	-1.98%
CB	C	-1.75%
BMY	B	-1.7%
HRB	D	-1.7%
WFC	A	-1.64%
NOC	D	-1.38%
ELV	F	-1.36%
CTSH	B	-1.35%
GEN	B	-1.35%
CVS	D	-1.27%
LMT	D	-1.24%
WTW	B	-1.23%
KDP	F	-1.2%
DOX	D	-1.13%
NGG	D	-1.11%
PNR	A	-1.1%
LOW	C	-1.06%
USFD	A	-1.0%
CF	A	-0.99%
ROST	D	-0.97%
MTB	A	-0.96%
FDX	B	-0.91%
USB	A	-0.87%
NTRS	A	-0.86%
JCI	B	-0.76%
CCI	C	-0.76%
CCEP	C	-0.74%
MDLZ	F	-0.74%
CCK	D	-0.73%
TSN	B	-0.72%
RRX	B	-0.69%
NEE	C	-0.67%
EQNR	C	-0.66%
LHX	C	-0.64%
BJ	A	-0.63%
DEO	F	-0.62%
MMS	F	-0.59%
AES	F	-0.56%
MU	D	-0.5%
OXY	D	-0.49%
SPG	A	-0.45%
CMI	A	-0.41%
MUSA	B	-0.39%
SO	C	-0.38%
CHRW	B	-0.38%
G	B	-0.32%
TPR	B	-0.31%
ALSN	B	-0.3%
SNY	F	-0.3%
OVV	B	-0.28%
OTEX	F	-0.28%
GEV	B	-0.26%
BNTX	C	-0.26%
CFR	B	-0.21%
OSK	C	-0.16%
NXPI	D	-0.15%
AR	B	-0.12%
ULTA	F	-0.1%