ADME vs. FLRG ETF Comparison

Comparison of Aptus Drawdown Managed Equity ETF (ADME) to Fidelity U.S. Multifactor ETF (FLRG)

ADME

Aptus Drawdown Managed Equity ETF

ADME Description

The investment seeks capital appreciation with downside protection. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective principally by investing in a portfolio of typically 40 to 50 U.S.-listed equity securities, while limiting downside risk by purchasing exchange-listed put options on one or more broad-based indexes or ETFs that track the performance of the U.S. equity market. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in equity securities.

Grade (RS Rating)

Last Trade

$46.21

Average Daily Volume

20,631

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLRG

Fidelity U.S. Multifactor ETF

FLRG Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Multifactor Index?. The fund normally invests at least 80% of its assets in securities included in the Fidelity U.S. Multifactor Index?. The Fidelity U.S. Multifactor Index? is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$34.03

Average Daily Volume

44,216

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	ADME	FLRG
30 Days	3.19%	4.38%
60 Days	8.17%	10.76%
90 Days	3.51%	6.73%
12 Months	33.06%	34.29%

24 Overlapping Holdings

Symbol	Grade	Weight in ADME	Weight in FLRG	Overlap
AAPL	C	7.1%	6.58%	6.58%
ABBV	C	0.78%	1.36%	0.78%
ACN	B	1.14%	0.6%	0.6%
ADBE	F	0.48%	0.66%	0.48%
ADP	A	0.31%	1.05%	0.31%
AMAT	C	1.55%	0.55%	0.55%
AMGN	D	0.41%	1.0%	0.41%
AVGO	B	2.26%	1.51%	1.51%
CMCSA	B	0.38%	0.49%	0.38%
INTU	F	0.97%	0.57%	0.57%
JNJ	D	1.1%	1.43%	1.1%
LLY	D	1.44%	2.02%	1.44%
LMT	A	1.86%	1.24%	1.24%
MCD	A	1.05%	1.09%	1.05%
META	A	2.63%	2.39%	2.39%
MO	D	0.57%	0.96%	0.57%
MSFT	D	6.45%	6.2%	6.2%
NOW	B	1.8%	0.55%	0.55%
NVDA	B	6.28%	5.59%	5.59%
PG	D	1.28%	1.47%	1.28%
PHM	C	0.93%	0.95%	0.93%
PSA	C	0.54%	0.9%	0.54%
V	B	1.66%	1.56%	1.56%
VRTX	D	0.48%	0.96%	0.48%

ADME Overweight 51 Positions Relative to FLRG

Symbol	Grade	Weight
GOOG	B	3.69%
AMZN	C	3.55%
XOM	A	1.87%
CAT	A	1.82%
JPM	C	1.75%
BRK.A	B	1.73%
SYK	C	1.72%
PGR	B	1.68%
TSLA	C	1.49%
LIN	C	1.42%
LOW	C	1.28%
TMO	D	1.27%
UNH	B	1.26%
PEP	F	1.22%
BLK	A	1.16%
WMT	A	1.15%
TMUS	A	1.1%
NFLX	A	1.08%
SO	A	1.07%
CSX	D	1.03%
COST	C	1.0%
MAR	A	1.0%
PLD	D	0.95%
FI	A	0.94%
ELV	F	0.93%
CTAS	C	0.93%
ADI	B	0.93%
MS	A	0.92%
MMC	D	0.91%
BAC	B	0.89%
TJX	D	0.88%
HON	C	0.86%
MSI	A	0.84%
ABT	C	0.8%
NEE	C	0.79%
MRK	F	0.78%
MDLZ	D	0.76%
FANG	D	0.75%
ICE	A	0.74%
ISRG	C	0.72%
DUK	C	0.67%
DE	C	0.63%
DLR	C	0.63%
ETN	B	0.58%
TYL	D	0.58%
C	B	0.57%
EOG	B	0.47%
SHW	C	0.45%
FCX	B	0.42%
BR	B	0.41%
SLB	D	0.26%

ADME Underweight 76 Positions Relative to FLRG

Symbol	Grade	Weight
GOOGL	B	-3.83%
VST	A	-1.63%
MA	A	-1.51%
HD	A	-1.44%
NFG	A	-1.19%
PM	D	-1.17%
AFL	A	-1.09%
ALSN	A	-1.08%
MLI	B	-1.07%
FCNCA	D	-1.04%
UTHR	C	-0.98%
ACGL	A	-0.98%
OHI	C	-0.97%
AZO	D	-0.96%
MTH	C	-0.95%
ORLY	A	-0.95%
MCK	F	-0.95%
VLO	F	-0.95%
RGA	B	-0.94%
LEN	C	-0.94%
LNG	A	-0.94%
TMHC	C	-0.93%
BKNG	B	-0.93%
NVR	C	-0.93%
MTG	A	-0.93%
CL	D	-0.93%
REGN	D	-0.93%
SYF	A	-0.92%
VRSK	D	-0.92%
RDN	D	-0.91%
PAYX	B	-0.9%
CME	A	-0.88%
CBOE	B	-0.84%
ESNT	A	-0.84%
KMB	D	-0.82%
CHRD	F	-0.82%
PCAR	D	-0.82%
VICI	C	-0.81%
CTRA	D	-0.81%
GILD	A	-0.8%
SNA	C	-0.78%
EG	A	-0.76%
STLD	C	-0.75%
BCC	C	-0.74%
CNC	F	-0.73%
CF	A	-0.7%
BLDR	C	-0.7%
MOH	F	-0.66%
NUE	D	-0.64%
RPRX	D	-0.64%
BRBR	A	-0.58%
CSCO	A	-0.58%
IBM	A	-0.57%
VZ	C	-0.54%
T	B	-0.5%
KLAC	B	-0.45%
ANET	A	-0.43%
LRCX	D	-0.4%
FICO	C	-0.37%
SNPS	F	-0.36%
CDNS	D	-0.33%
DELL	C	-0.32%
EA	D	-0.3%
CTSH	B	-0.29%
FOXA	B	-0.27%
SWKS	F	-0.26%
FTNT	A	-0.26%
VRSN	C	-0.25%
MANH	A	-0.25%
NYT	C	-0.24%
DOX	B	-0.23%
ZM	B	-0.23%
DLB	D	-0.21%
AKAM	D	-0.2%
DBX	C	-0.17%
QLYS	F	-0.17%