ACIO vs. FQAL ETF Comparison

Comparison of Aptus Collared Income Opportunity ETF (ACIO) to Fidelity Quality Factor ETF (FQAL)

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

$39.64

Average Daily Volume

130,940

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FQAL

Fidelity Quality Factor ETF

FQAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Quality Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.

Grade (RS Rating)

Last Trade

$64.50

Average Daily Volume

46,112

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	ACIO	FQAL
30 Days	1.61%	1.99%
60 Days	4.07%	4.59%
90 Days	5.26%	4.90%
12 Months	28.19%	28.74%

34 Overlapping Holdings

Symbol	Grade	Weight in ACIO	Weight in FQAL	Overlap
AAPL	C	6.91%	6.81%	6.81%
ABBV	C	0.79%	1.39%	0.79%
ACN	C	1.14%	1.08%	1.08%
ADBE	F	0.55%	1.17%	0.55%
ADP	B	0.3%	0.62%	0.3%
AMAT	D	1.45%	0.87%	0.87%
AVGO	C	1.74%	2.07%	1.74%
CAT	B	1.58%	0.7%	0.7%
COST	B	1.04%	1.06%	1.04%
CSX	D	1.03%	0.49%	0.49%
CTAS	B	0.93%	0.54%	0.54%
FCX	D	0.35%	0.24%	0.24%
JNJ	C	1.17%	1.5%	1.17%
LIN	B	1.41%	0.57%	0.57%
LLY	C	1.58%	2.24%	1.58%
LMT	C	1.82%	0.62%	0.62%
LOW	B	1.18%	0.99%	0.99%
MCD	B	1.04%	1.15%	1.04%
MDLZ	B	0.81%	0.46%	0.46%
META	B	2.41%	2.47%	2.41%
MO	C	0.62%	0.43%	0.43%
MSFT	C	6.51%	6.74%	6.51%
NEE	C	0.77%	0.53%	0.53%
NFLX	B	1.06%	0.84%	0.84%
NVDA	D	5.66%	6.31%	5.66%
PG	C	1.34%	1.04%	1.04%
PGR	B	1.71%	1.02%	1.02%
PLD	C	1.02%	0.36%	0.36%
PSA	B	0.53%	0.26%	0.26%
SHW	B	0.43%	0.31%	0.31%
SO	B	1.09%	0.38%	0.38%
V	C	1.76%	1.54%	1.54%
VRTX	D	0.5%	0.92%	0.5%
XOM	C	1.86%	1.12%	1.12%

ACIO Overweight 41 Positions Relative to FQAL

Symbol	Grade	Weight
AMZN	C	3.46%
GOOG	D	3.44%
JPM	D	1.88%
NOW	B	1.81%
BRK.A	C	1.79%
SYK	C	1.79%
TMO	B	1.32%
UNH	C	1.32%
PEP	C	1.3%
TSLA	C	1.27%
WMT	C	1.22%
BLK	B	1.11%
TMUS	C	1.07%
INTU	C	1.03%
MMC	C	0.97%
MAR	C	0.96%
ADI	C	0.92%
BAC	D	0.92%
FDX	C	0.89%
TJX	B	0.89%
MS	D	0.89%
PHM	B	0.87%
MCK	F	0.87%
HON	D	0.86%
MSI	B	0.85%
ABT	C	0.84%
MRK	D	0.8%
ICE	C	0.77%
FANG	D	0.77%
ISRG	B	0.73%
DUK	C	0.7%
TYL	C	0.61%
DLR	B	0.6%
DE	B	0.58%
C	C	0.56%
DVN	F	0.54%
ETN	C	0.52%
AMD	D	0.48%
AMGN	B	0.42%
CMCSA	D	0.38%
HAL	F	0.24%

ACIO Underweight 90 Positions Relative to FQAL

Symbol	Grade	Weight
GOOGL	D	-3.44%
MA	B	-1.45%
HD	B	-1.43%
SPGI	B	-0.99%
BKNG	C	-0.98%
QCOM	D	-0.98%
GILD	B	-0.98%
ZTS	C	-0.92%
BMY	C	-0.91%
VEEV	C	-0.9%
PANW	D	-0.89%
BX	B	-0.88%
CME	C	-0.85%
IDXX	C	-0.83%
FICO	B	-0.82%
ACGL	C	-0.8%
MCO	B	-0.8%
ORLY	C	-0.8%
GRMN	D	-0.79%
KO	C	-0.79%
KLAC	D	-0.79%
AZO	D	-0.78%
LRCX	F	-0.75%
YUM	D	-0.75%
AMP	A	-0.74%
MSCI	C	-0.73%
CPAY	B	-0.72%
MTD	D	-0.71%
ABNB	D	-0.69%
WSM	D	-0.68%
DPZ	F	-0.68%
KNSL	C	-0.67%
UNP	C	-0.67%
MEDP	F	-0.66%
JXN	A	-0.63%
CBSH	C	-0.63%
PM	C	-0.63%
EWBC	D	-0.62%
VZ	B	-0.62%
CFR	C	-0.61%
CVX	D	-0.61%
T	C	-0.57%
QLYS	F	-0.56%
TDG	B	-0.54%
MMM	B	-0.53%
ITW	C	-0.51%
PAYX	C	-0.48%
GWW	B	-0.48%
FAST	C	-0.47%
AME	C	-0.47%
VRSK	D	-0.46%
CPRT	D	-0.44%
OTIS	C	-0.44%
CL	D	-0.43%
ODFL	D	-0.42%
COP	D	-0.39%
TTD	B	-0.38%
AMT	C	-0.34%
KMB	D	-0.34%
CEG	C	-0.32%
MNST	D	-0.31%
HSY	C	-0.3%
EOG	D	-0.29%
WMB	B	-0.28%
ECL	B	-0.26%
WEC	C	-0.26%
VST	C	-0.25%
O	C	-0.24%
NRG	C	-0.24%
LNG	C	-0.24%
SPG	B	-0.23%
EXR	B	-0.21%
AVB	B	-0.2%
VICI	C	-0.2%
NFG	B	-0.2%
EQR	B	-0.19%
UGI	C	-0.19%
TPL	B	-0.19%
MLM	D	-0.18%
SBAC	C	-0.18%
NUE	F	-0.18%
AM	C	-0.18%
AVY	C	-0.17%
ESS	B	-0.17%
GLPI	C	-0.16%
WHD	C	-0.16%
CF	C	-0.16%
EXP	B	-0.15%
RS	D	-0.15%
RGLD	C	-0.15%