ABCS vs. FMAT ETF Comparison

Comparison of Alpha Blue Capital US Small-Mid Cap Dynamic ETF (ABCS) to Fidelity MSCI Materials Index ETF (FMAT)

ABCS

Alpha Blue Capital US Small-Mid Cap Dynamic ETF

ABCS Description

The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a blend of domestic equity securities of small- and mid- capitalization companies and ETFs that provide broad exposure to domestic equity securities of small- and mid- capitalization companies. As it relates to the fund"s investments, a domestic equity security means common equity securities of companies domiciled and having their principal place of business in the U.S. and are traded on a major U.S. stock exchange and shares of ETFs that invest primarily in domestic equity securities.

Grade (RS Rating)

Last Trade

$29.33

Average Daily Volume

1,977

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

FMAT

Fidelity MSCI Materials Index ETF

FMAT Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Materials Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.63

Average Daily Volume

33,415

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

Performance

Period	ABCS	FMAT
30 Days	1.81%	-4.60%
60 Days	4.32%	-0.40%
90 Days	7.11%	2.52%
12 Months		18.34%

4 Overlapping Holdings

Symbol	Grade	Weight in ABCS	Weight in FMAT	Overlap
CTVA	C	1.41%	2.81%	1.41%
GPK	D	1.39%	0.61%	0.61%
MOS	D	0.69%	0.59%	0.59%
OLN	F	0.36%	0.35%	0.35%

ABCS Overweight 98 Positions Relative to FMAT

Symbol	Grade	Weight
VOE	B	10.03%
VBR	B	9.82%
GPN	C	2.09%
EXPE	B	1.85%
LPLA	A	1.67%
LAD	B	1.6%
LYV	A	1.49%
KVUE	A	1.47%
CNC	F	1.37%
MOH	F	1.31%
DOCU	B	1.16%
SLM	B	1.03%
AMP	A	0.96%
ET	A	0.96%
WCC	B	0.91%
FANG	D	0.9%
NOMD	D	0.88%
DFS	B	0.87%
BYD	B	0.84%
VLO	C	0.81%
COF	B	0.8%
GTLS	A	0.78%
HUM	D	0.74%
HOG	F	0.74%
WH	B	0.73%
ZBH	C	0.73%
LNG	A	0.72%
WTFC	B	0.68%
BIIB	F	0.67%
ZM	B	0.67%
EG	D	0.66%
RNR	C	0.64%
HAL	C	0.64%
CWK	C	0.64%
CVS	F	0.63%
SNX	D	0.63%
PYPL	B	0.62%
ARW	F	0.61%
DAL	A	0.6%
BK	B	0.6%
ALK	A	0.59%
USB	B	0.57%
NCLH	B	0.56%
VTRS	A	0.54%
TPX	B	0.54%
FLEX	B	0.54%
WKC	D	0.54%
TAP	B	0.54%
NTRS	A	0.54%
TFC	A	0.53%
ALSN	B	0.52%
AGO	A	0.52%
AXS	A	0.52%
ICLR	F	0.52%
HBI	B	0.51%
LYFT	C	0.5%
RGA	B	0.5%
EQR	C	0.5%
JLL	D	0.48%
OTIS	C	0.47%
ULTA	F	0.46%
AGCO	F	0.46%
EFC	C	0.46%
NVST	C	0.45%
AEP	C	0.45%
STWD	C	0.44%
BECN	B	0.44%
BMRN	F	0.44%
JEF	A	0.44%
MTH	D	0.43%
WU	F	0.43%
AGM	B	0.43%
IDCC	B	0.43%
USPH	C	0.42%
FAF	C	0.42%
SJM	D	0.42%
RWT	D	0.41%
CAR	C	0.4%
TER	F	0.39%
SKX	F	0.38%
MAT	D	0.38%
KR	B	0.37%
AAP	D	0.36%
CRL	D	0.35%
EWBC	A	0.35%
EFX	F	0.34%
IGT	F	0.32%
PSX	C	0.29%
PLAB	D	0.29%
MKTX	D	0.29%
NXST	C	0.28%
ESNT	D	0.27%
MCHP	F	0.27%
SIRI	D	0.27%
AMN	F	0.26%
BCO	F	0.25%
QRVO	F	0.22%
FSLR	F	0.2%

ABCS Underweight 106 Positions Relative to FMAT

Symbol	Grade	Weight
LIN	D	-15.3%
SHW	C	-6.57%
APD	A	-4.93%
ECL	D	-4.47%
FCX	F	-4.36%
NEM	D	-3.29%
VMC	B	-2.62%
MLM	B	-2.54%
NUE	D	-2.46%
DD	D	-2.44%
DOW	F	-2.2%
PPG	F	-2.03%
SW	A	-1.84%
IFF	D	-1.6%
LYB	F	-1.51%
PKG	B	-1.49%
STLD	B	-1.44%
BALL	D	-1.35%
IP	A	-1.32%
RS	B	-1.25%
RPM	B	-1.23%
AVY	D	-1.13%
CF	A	-1.1%
AMCR	D	-1.03%
ALB	B	-0.84%
EMN	D	-0.83%
ATR	B	-0.81%
CCK	D	-0.76%
EXP	B	-0.73%
AA	A	-0.68%
RGLD	C	-0.65%
AXTA	B	-0.63%
CE	F	-0.57%
CRS	A	-0.57%
X	C	-0.57%
BERY	D	-0.53%
LPX	B	-0.51%
FMC	D	-0.49%
ATI	C	-0.49%
CMC	B	-0.48%
ESI	B	-0.46%
SUM	B	-0.42%
CBT	C	-0.42%
CLF	F	-0.4%
BCPC	B	-0.4%
KNF	B	-0.36%
SON	F	-0.35%
SEE	D	-0.35%
WLK	F	-0.34%
AVNT	B	-0.33%
SLGN	A	-0.32%
FUL	F	-0.29%
NEU	D	-0.27%
ASH	F	-0.26%
HCC	B	-0.24%
HL	C	-0.23%
HUN	F	-0.22%
SMG	C	-0.22%
SLVM	C	-0.21%
IOSP	C	-0.21%
SXT	C	-0.2%
ARCH	B	-0.2%
CC	D	-0.2%
AMR	C	-0.18%
MTX	C	-0.18%
MTRN	C	-0.17%
KWR	D	-0.17%
HWKN	B	-0.17%
CDE	C	-0.17%
MP	C	-0.16%
OI	D	-0.14%
GEF	B	-0.12%
PRM	B	-0.12%
SCL	D	-0.12%
NGVT	C	-0.11%
USLM	A	-0.11%
WS	B	-0.1%
TROX	D	-0.09%
PCT	C	-0.09%
KALU	C	-0.09%
CENX	B	-0.08%
ASPN	F	-0.07%
TRS	B	-0.07%
OEC	C	-0.07%
SXC	A	-0.07%
KOP	C	-0.06%
ASIX	C	-0.06%
ECVT	C	-0.06%
MATV	F	-0.05%
GATO	C	-0.05%
IE	C	-0.05%
RYI	C	-0.05%
HAYN	A	-0.05%
PTVE	B	-0.04%
MTUS	D	-0.04%
METC	C	-0.03%
MYE	F	-0.03%
ZEUS	C	-0.03%
CMP	C	-0.03%
CLW	F	-0.03%
LXU	C	-0.03%
RDUS	C	-0.03%
MERC	F	-0.02%
KRO	F	-0.02%
PACK	C	-0.02%
GEF	B	-0.02%