YLDE vs. FSST ETF Comparison

Comparison of ClearBridge Dividend Strategy ESG ETF (YLDE) to Fidelity Sustainability U.S. Equity ETF (FSST)

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

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

$27.93

Average Daily Volume

1,221

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	YLDE	FSST
30 Days	2.11%	2.16%
60 Days	5.03%	3.89%
90 Days	7.57%	5.37%
12 Months	24.17%	31.96%

12 Overlapping Holdings

Symbol	Grade	Weight in YLDE	Weight in FSST	Overlap
AAPL	C	2.06%	7.52%	2.06%
CMCSA	B	3.03%	1.03%	1.03%
DIS	B	0.77%	2.24%	0.77%
GILD	C	0.81%	1.41%	0.81%
GOOGL	C	1.91%	3.43%	1.91%
LIN	C	2.46%	2.1%	2.1%
MRK	D	1.58%	1.79%	1.58%
MSFT	D	3.76%	6.22%	3.76%
PG	C	1.57%	2.98%	1.57%
PSA	C	1.02%	0.82%	0.82%
SBUX	A	1.15%	0.71%	0.71%
UPS	C	0.47%	0.91%	0.47%

YLDE Overweight 38 Positions Relative to FSST

Symbol	Grade	Weight
WMB	A	4.01%
SRE	A	3.51%
JPM	A	3.35%
APO	B	3.26%
TMUS	B	2.91%
V	A	2.78%
AVGO	D	2.73%
TRV	B	2.73%
BDX	F	2.73%
KMI	A	2.42%
ORCL	A	2.39%
VMC	B	2.38%
COF	C	2.1%
AVB	B	1.94%
KO	D	1.84%
MET	A	1.79%
UNP	C	1.68%
HLN	C	1.68%
UNH	B	1.65%
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%
EIX	B	1.37%
PNC	B	1.33%
JNJ	C	1.25%
DTE	C	1.21%
CSCO	B	1.18%
AZN	F	1.12%
FCX	F	0.94%
PPG	F	0.89%
AIG	B	0.88%
NUE	C	0.87%
GM	C	0.79%
TXN	C	0.68%

YLDE Underweight 54 Positions Relative to FSST

Symbol	Grade	Weight
NVDA	B	-6.17%
AMZN	C	-3.17%
MCO	B	-2.6%
CI	D	-2.51%
CRM	B	-2.3%
AXP	A	-2.28%
MA	B	-2.15%
LOW	C	-1.99%
BLK	B	-1.9%
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%
DE	B	-1.06%
CCK	D	-1.06%
ICLR	D	-1.05%
EL	F	-0.99%
NFLX	A	-0.97%
LNG	A	-0.96%
ZTS	D	-0.84%
RRX	B	-0.83%
TGNA	B	-0.79%
VLTO	C	-0.78%
IR	B	-0.77%
C	A	-0.77%
INTU	B	-0.76%
FSLR	F	-0.73%
CDW	F	-0.73%
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%