ACIO vs. FDMO ETF Comparison

Comparison of Aptus Collared Income Opportunity ETF (ACIO) to Fidelity Momentum Factor ETF (FDMO)

ACIO

Aptus Collared Income Opportunity ETF

ACIO Description

The investment seeks current income and capital appreciation. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective principally by investing in a portfolio of large capitalization U.S.-listed equity securities and an options collar (i.e., a mix of written (sold) call options and long (bought) put options) on the same underlying equity securities. It may write call options on up to 100% of each equity position held in the portfolio and will use a portion of the premium received from writing such call options to purchase put options. It is non-diversified.

Grade (RS Rating)

Last Trade

$40.73

Average Daily Volume

177,408

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDMO

Fidelity Momentum Factor ETF

FDMO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.

Grade (RS Rating)

Last Trade

$71.38

Average Daily Volume

35,646

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

Performance

Period	ACIO	FDMO
30 Days	1.67%	6.00%
60 Days	2.81%	8.27%
90 Days	3.89%	10.44%
12 Months	26.46%	42.98%

33 Overlapping Holdings

Symbol	Grade	Weight in ACIO	Weight in FDMO	Overlap
AAPL	C	6.96%	6.8%	6.8%
ABBV	D	0.64%	1.08%	0.64%
AMZN	C	3.8%	3.76%	3.76%
AVGO	D	1.93%	2.03%	1.93%
BAC	A	1.02%	1.21%	1.02%
BRK.A	B	1.73%	2.14%	1.73%
CAT	B	1.71%	0.73%	0.73%
COST	B	1.02%	0.92%	0.92%
CTAS	B	0.96%	0.54%	0.54%
DLR	B	0.7%	0.24%	0.24%
DUK	C	0.64%	0.35%	0.35%
HCA	F	0.45%	0.78%	0.45%
ISRG	A	1.04%	1.06%	1.04%
JPM	A	1.98%	1.88%	1.88%
KO	D	1.12%	0.61%	0.61%
LIN	D	1.3%	0.51%	0.51%
LLY	F	1.2%	1.68%	1.2%
META	D	2.47%	2.39%	2.39%
MO	A	0.61%	0.37%	0.37%
MSFT	F	6.16%	6.21%	6.16%
MSI	B	0.9%	0.88%	0.88%
NEE	D	0.69%	0.47%	0.47%
NFLX	A	1.31%	0.88%	0.88%
NVDA	C	7.18%	6.97%	6.97%
PG	A	1.11%	0.92%	0.92%
PGR	A	1.66%	0.87%	0.87%
PSA	D	0.47%	0.24%	0.24%
SHW	A	0.42%	0.29%	0.29%
TJX	A	0.87%	0.61%	0.61%
TMUS	B	1.22%	0.45%	0.45%
TSLA	B	1.91%	2.03%	1.91%
WMT	A	1.2%	0.86%	0.86%
XOM	B	1.85%	1.12%	1.12%

ACIO Overweight 43 Positions Relative to FDMO

Symbol	Grade	Weight
GOOG	C	3.78%
NOW	A	2.05%
SYK	C	1.81%
V	A	1.8%
LMT	D	1.6%
AMAT	F	1.32%
UNH	C	1.26%
BLK	C	1.22%
LOW	D	1.2%
MS	A	1.14%
ACN	C	1.13%
MAR	B	1.11%
FI	A	1.1%
TMO	F	1.03%
JNJ	D	1.02%
SO	D	1.02%
INTU	C	1.01%
CSX	B	1.0%
MCD	D	0.98%
HON	B	0.92%
MMC	B	0.89%
ADI	D	0.84%
AMT	D	0.82%
PHM	D	0.8%
ABT	B	0.79%
FANG	D	0.74%
BMY	B	0.71%
ICE	C	0.7%
MKC	D	0.68%
C	A	0.61%
ETN	A	0.61%
TYL	B	0.6%
DE	A	0.58%
EOG	A	0.49%
ADBE	C	0.46%
AMD	F	0.45%
VRTX	F	0.45%
BR	A	0.41%
CMCSA	B	0.39%
FCX	D	0.36%
AMGN	D	0.35%
ADP	B	0.31%
SLB	C	0.25%

ACIO Underweight 89 Positions Relative to FDMO

Symbol	Grade	Weight
GOOGL	C	-3.54%
PLTR	B	-1.3%
APP	B	-1.27%
COIN	C	-1.09%
HD	A	-1.08%
GS	A	-0.99%
BSX	B	-0.95%
DHR	F	-0.92%
AXP	A	-0.9%
NTRA	B	-0.87%
FICO	B	-0.86%
HOOD	B	-0.83%
ANET	C	-0.82%
KKR	A	-0.8%
QTWO	A	-0.78%
GDDY	A	-0.78%
CVLT	B	-0.74%
GKOS	B	-0.74%
GE	D	-0.74%
RVMD	C	-0.73%
SYF	B	-0.72%
THC	D	-0.72%
BK	A	-0.7%
RNA	D	-0.7%
UBER	D	-0.67%
CVX	A	-0.67%
EVR	B	-0.67%
HIG	B	-0.67%
RTX	C	-0.66%
BKNG	A	-0.66%
FIS	C	-0.65%
TT	A	-0.59%
JXN	C	-0.59%
MPWR	F	-0.56%
PM	B	-0.55%
HWM	A	-0.52%
T	A	-0.52%
CARR	D	-0.51%
VRT	B	-0.51%
URI	B	-0.5%
TDG	D	-0.5%
GM	B	-0.5%
RCL	A	-0.48%
FIX	A	-0.47%
EME	C	-0.47%
MLI	C	-0.44%
ZETA	D	-0.43%
EBAY	D	-0.42%
DY	D	-0.42%
TRU	D	-0.4%
SN	D	-0.39%
LDOS	C	-0.38%
CVNA	B	-0.38%
CL	D	-0.33%
TTD	B	-0.32%
LUMN	C	-0.32%
VST	B	-0.31%
WMB	A	-0.3%
OKE	A	-0.3%
CEG	D	-0.29%
KMI	A	-0.28%
PEG	A	-0.28%
KMB	D	-0.28%
WELL	A	-0.28%
AEP	D	-0.28%
TRGP	B	-0.27%
SPG	B	-0.25%
FRPT	B	-0.24%
NRG	B	-0.24%
TPL	A	-0.24%
SFM	A	-0.24%
ECL	D	-0.23%
CBRE	B	-0.21%
NEM	D	-0.2%
DTM	B	-0.2%
EXR	D	-0.2%
IRM	D	-0.19%
EQR	B	-0.19%
FTI	A	-0.19%
ESS	B	-0.18%
SW	A	-0.17%
JLL	D	-0.16%
CRS	A	-0.16%
PKG	A	-0.16%
IFF	D	-0.15%
SLG	B	-0.15%
VNO	B	-0.15%
LPX	B	-0.15%
ATI	D	-0.14%