BTAL vs. FBCG ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to Fidelity Blue Chip Growth ETF (FBCG)

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.01

Average Daily Volume

445,126

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

FBCG

Fidelity Blue Chip Growth ETF

FBCG Description

The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes have above-average growth potential (stocks of these companies are often called "growth" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.39

Average Daily Volume

430,677

Number of Holdings ^*

206

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	FBCG
30 Days	-4.57%	4.37%
60 Days	-3.16%	7.36%
90 Days	-3.70%	7.64%
12 Months	-6.81%	43.27%

75 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in FBCG	Overlap
AMD	F	-0.4%	0.42%	-0.4%
ANET	C	-0.46%	0.11%	-0.46%
AVGO	D	-0.45%	0.82%	-0.45%
AXON	A	-0.74%	0.05%	-0.74%
BLDR	D	-0.44%	0.09%	-0.44%
CAR	C	-0.51%	0.03%	-0.51%
CCK	C	0.43%	0.03%	0.03%
CCL	B	-0.63%	0.03%	-0.63%
CELH	F	-0.29%	0.0%	-0.29%
CHRW	C	0.45%	0.06%	0.06%
CMG	B	0.45%	0.48%	0.45%
COHR	B	-0.52%	0.04%	-0.52%
COIN	C	-0.71%	0.31%	-0.71%
CVNA	B	-0.68%	0.7%	-0.68%
CZR	F	-0.42%	0.0%	-0.42%
DAL	C	-0.68%	0.05%	-0.68%
DECK	A	0.44%	0.54%	0.44%
DELL	C	-0.53%	0.13%	-0.53%
DKNG	B	-0.53%	0.2%	-0.53%
DKS	C	-0.37%	0.26%	-0.37%
DUOL	A	-0.63%	0.07%	-0.63%
EL	F	-0.31%	0.03%	-0.31%
ELF	C	-0.35%	0.02%	-0.35%
ENPH	F	-0.23%	0.06%	-0.23%
ETN	A	-0.52%	0.12%	-0.52%
EXP	A	-0.53%	0.07%	-0.53%
FANG	D	0.39%	0.22%	0.22%
FBIN	D	-0.41%	0.06%	-0.41%
GLW	B	0.47%	0.14%	0.14%
KKR	A	-0.55%	0.11%	-0.55%
LNG	B	0.51%	0.03%	0.03%
LRCX	F	-0.36%	0.11%	-0.36%
LULU	C	0.48%	0.46%	0.46%
LYFT	C	-0.65%	0.42%	-0.65%
MCD	D	0.42%	0.12%	0.12%
MCK	B	0.51%	0.0%	0.0%
MDB	C	-0.53%	0.11%	-0.53%
MPWR	F	-0.24%	0.49%	-0.24%
MRNA	F	-0.22%	0.07%	-0.22%
MRVL	B	-0.56%	1.35%	-0.56%
MSFT	F	0.43%	8.36%	0.43%
MU	D	-0.43%	0.05%	-0.43%
NTRA	B	-0.56%	0.03%	-0.56%
NVDA	C	-0.48%	13.34%	-0.48%
OLLI	D	0.41%	0.09%	0.09%
ON	D	0.38%	0.54%	0.38%
OWL	A	-0.58%	0.12%	-0.58%
OXY	D	0.38%	0.0%	0.0%
PENN	C	-0.46%	0.12%	-0.46%
PGR	A	0.45%	0.26%	0.26%
PINS	D	-0.4%	0.0%	-0.4%
PODD	C	-0.59%	0.09%	-0.59%
RH	B	-0.53%	0.35%	-0.53%
RIVN	F	-0.3%	0.18%	-0.3%
ROKU	D	-0.47%	0.03%	-0.47%
SHW	A	-0.47%	0.09%	-0.47%
SNAP	C	-0.49%	1.47%	-0.49%
SQ	B	-0.6%	0.26%	-0.6%
TER	D	-0.33%	0.3%	-0.33%
TGT	F	-0.44%	0.08%	-0.44%
TJX	A	0.43%	0.54%	0.43%
TMUS	B	0.49%	0.09%	0.09%
TOL	B	-0.47%	0.03%	-0.47%
TOST	B	-0.71%	0.06%	-0.71%
TSLA	B	-0.7%	1.03%	-0.7%
TT	A	-0.51%	0.03%	-0.51%
TTD	B	-0.5%	0.03%	-0.5%
UBER	D	-0.42%	1.19%	-0.42%
UNH	C	0.43%	1.16%	0.43%
USB	A	-0.49%	0.03%	-0.49%
VFC	C	0.48%	0.06%	0.06%
W	F	-0.41%	0.02%	-0.41%
WELL	A	0.5%	0.27%	0.27%
XOM	B	0.44%	0.0%	0.0%
Z	A	-0.56%	0.09%	-0.56%

BTAL Overweight 317 Positions Relative to FBCG

Symbol	Grade	Weight
MSTR	C	1.19%
BILL	A	0.68%
IBKR	A	0.62%
SFM	A	0.6%
LPLA	A	0.59%
PAYC	B	0.59%
HQY	B	0.58%
UNM	A	0.57%
ALSN	B	0.56%
KMI	A	0.56%
CFLT	B	0.56%
SNA	A	0.55%
NWL	B	0.54%
BKR	B	0.53%
PCTY	B	0.53%
MKL	A	0.53%
WH	B	0.53%
BWXT	B	0.53%
TGNA	B	0.53%
TRV	B	0.52%
FFIV	B	0.52%
FTNT	C	0.52%
TXRH	C	0.51%
MSI	B	0.51%
RLI	B	0.51%
PCAR	B	0.51%
THG	A	0.51%
BMY	B	0.51%
CHH	A	0.5%
XEL	A	0.5%
PNM	F	0.5%
ORLY	B	0.5%
T	A	0.5%
CSCO	B	0.49%
AEE	A	0.49%
CINF	A	0.49%
G	B	0.49%
PKG	A	0.49%
GILD	C	0.49%
ALL	A	0.48%
SIGI	C	0.48%
FOXA	B	0.48%
RGA	A	0.48%
VTRS	A	0.48%
AIZ	A	0.48%
AXS	A	0.48%
TDY	B	0.48%
BRO	B	0.47%
SBRA	C	0.47%
DBX	B	0.47%
CHD	B	0.47%
PAYX	C	0.47%
CME	A	0.47%
AON	A	0.47%
HON	B	0.47%
HEI	B	0.47%
KR	B	0.47%
CW	B	0.47%
RYAN	B	0.47%
EDR	A	0.46%
DRI	B	0.46%
WEN	D	0.46%
SLGN	A	0.46%
RNR	C	0.46%
LNT	A	0.46%
CF	B	0.46%
WEC	A	0.46%
ADP	B	0.46%
ORI	A	0.46%
UTHR	C	0.45%
WRB	A	0.45%
CB	C	0.45%
CSX	B	0.45%
REG	B	0.45%
AVB	B	0.45%
ARMK	B	0.45%
WM	A	0.45%
IBM	C	0.45%
HIG	B	0.45%
COR	B	0.45%
ADC	B	0.45%
DGX	A	0.45%
WTW	B	0.45%
HPQ	B	0.45%
L	A	0.45%
ROP	B	0.45%
PNW	B	0.45%
JAZZ	B	0.44%
ACN	C	0.44%
EQR	B	0.44%
CMS	C	0.44%
BWA	D	0.44%
CDP	C	0.44%
VZ	C	0.44%
NEU	C	0.44%
CBOE	B	0.43%
DOX	D	0.43%
VRSN	F	0.43%
DLB	B	0.43%
CLH	B	0.43%
ZI	D	0.43%
CTSH	B	0.43%
YUM	B	0.43%
MUSA	A	0.43%
DD	D	0.43%
RTX	C	0.43%
X	C	0.43%
RSG	A	0.43%
OHI	C	0.43%
ELS	C	0.43%
DUK	C	0.43%
MSM	C	0.43%
COLM	B	0.43%
FLO	D	0.42%
AVT	C	0.42%
VICI	C	0.42%
JNJ	D	0.42%
MMC	B	0.42%
CACI	D	0.42%
CXT	B	0.42%
ED	D	0.42%
GLPI	C	0.42%
EG	C	0.42%
HRB	D	0.41%
J	F	0.41%
WPC	D	0.41%
SNX	C	0.41%
MKC	D	0.41%
GD	F	0.41%
PAG	B	0.41%
BG	F	0.4%
SAIC	F	0.4%
CI	F	0.4%
CHE	D	0.4%
MSA	D	0.4%
NOC	D	0.4%
TXT	D	0.4%
ASGN	F	0.39%
WTM	A	0.39%
AMCR	D	0.39%
O	D	0.39%
JNPR	F	0.39%
KHC	F	0.38%
CPB	D	0.38%
ACGL	D	0.38%
GIS	D	0.38%
ERIE	D	0.38%
MOS	F	0.38%
LMT	D	0.38%
FCN	D	0.38%
FMC	D	0.37%
MAN	D	0.37%
KBR	F	0.37%
ARW	D	0.37%
KO	D	0.37%
GPC	D	0.37%
TNET	D	0.37%
PFE	D	0.37%
DVN	F	0.37%
AMGN	D	0.37%
MUR	D	0.37%
ST	F	0.36%
ABBV	D	0.36%
MOH	F	0.36%
AKAM	D	0.36%
NEM	D	0.35%
MTCH	D	0.35%
FOXF	F	0.35%
HUM	C	0.34%
AZO	C	0.33%
ELV	F	0.33%
MDU	D	0.32%
CNC	D	0.32%
SRPT	D	0.32%
BMRN	D	0.29%
AGL	F	0.16%
SMCI	F	-0.18%
SEDG	F	-0.19%
RUN	F	-0.21%
CNXC	F	-0.23%
CE	F	-0.24%
WOLF	F	-0.25%
TXG	F	-0.26%
NTLA	F	-0.27%
RKT	F	-0.29%
OPEN	D	-0.3%
BRZE	C	-0.33%
COTY	F	-0.33%
AMKR	D	-0.34%
EFX	F	-0.35%
SHLS	F	-0.35%
ARWR	F	-0.35%
AES	F	-0.35%
TFX	F	-0.36%
WMS	D	-0.37%
RGEN	D	-0.37%
ALLY	C	-0.37%
NVCR	C	-0.38%
RIG	D	-0.38%
CNM	D	-0.38%
DINO	D	-0.39%
PLD	D	-0.39%
IDXX	F	-0.39%
KSS	F	-0.39%
ELAN	D	-0.39%
WBA	F	-0.4%
ARE	D	-0.4%
FND	C	-0.4%
MKSI	C	-0.4%
BLD	D	-0.4%
KMX	B	-0.4%
ROIV	C	-0.41%
AGNC	D	-0.41%
POWI	D	-0.41%
CRL	C	-0.41%
DNLI	D	-0.42%
CHX	C	-0.42%
AWK	D	-0.42%
FCX	D	-0.42%
CWEN	C	-0.42%
CSGP	D	-0.42%
ILMN	D	-0.43%
CC	C	-0.43%
CRSP	D	-0.43%
MGM	D	-0.43%
ALGN	D	-0.43%
PATH	C	-0.43%
SSD	D	-0.43%
SEE	C	-0.44%
THO	B	-0.44%
F	C	-0.44%
TRU	D	-0.44%
EW	C	-0.44%
UGI	A	-0.44%
RYN	D	-0.44%
APG	B	-0.44%
BBWI	D	-0.44%
TREX	C	-0.45%
NWE	B	-0.45%
D	C	-0.45%
DAR	C	-0.45%
CARR	D	-0.45%
MTDR	B	-0.45%
RMD	C	-0.45%
OC	A	-0.46%
SMG	D	-0.46%
VEEV	C	-0.46%
BXP	D	-0.46%
LAMR	D	-0.46%
ZS	C	-0.46%
KRC	C	-0.46%
JLL	D	-0.46%
HHH	B	-0.47%
TROW	B	-0.48%
LNC	B	-0.48%
AXTA	A	-0.49%
OZK	B	-0.49%
USFD	A	-0.49%
PFGC	B	-0.49%
ITT	A	-0.49%
NRG	B	-0.49%
WAL	B	-0.49%
GH	B	-0.49%
CFG	B	-0.49%
NVT	B	-0.49%
RF	A	-0.5%
NET	B	-0.5%
RMBS	C	-0.51%
PWR	A	-0.51%
GNRC	B	-0.51%
CBRE	B	-0.51%
RBLX	C	-0.51%
RRC	B	-0.51%
LPX	B	-0.52%
CEG	D	-0.52%
PEN	B	-0.52%
IOT	A	-0.52%
URI	B	-0.52%
VNO	B	-0.52%
PYPL	B	-0.52%
ALB	C	-0.52%
ZION	B	-0.53%
AR	B	-0.53%
JHG	A	-0.53%
FYBR	D	-0.53%
INTC	D	-0.54%
SNV	B	-0.54%
BLK	C	-0.54%
FOUR	B	-0.54%
NTRS	A	-0.54%
XPO	B	-0.54%
CMA	A	-0.54%
CG	A	-0.55%
PNFP	B	-0.55%
WCC	B	-0.55%
AA	B	-0.56%
SCHW	B	-0.56%
DAY	B	-0.56%
GME	C	-0.56%
EXPE	B	-0.56%
TDOC	C	-0.56%
BX	A	-0.57%
CRWD	B	-0.57%
GTLS	B	-0.58%
TPG	A	-0.58%
EQT	B	-0.59%
DASH	A	-0.59%
SAIA	B	-0.59%
LYV	A	-0.62%
LITE	B	-0.62%
VRT	B	-0.67%
PTON	B	-0.69%
HOOD	B	-0.72%
VST	B	-0.76%
SOFI	A	-0.79%
AFRM	B	-0.84%
PLTR	B	-0.87%

BTAL Underweight 131 Positions Relative to FBCG

Symbol	Grade	Weight
AAPL	C	-11.67%
AMZN	C	-8.54%
GOOGL	C	-6.31%
META	D	-5.72%
LLY	F	-3.11%
NFLX	A	-2.4%
NXPI	D	-1.49%
MA	C	-1.1%
LOW	D	-1.07%
TSM	B	-0.85%
REGN	F	-0.81%
BSX	B	-0.8%
APP	B	-0.51%
SBUX	A	-0.49%
ZTS	D	-0.47%
ABNB	C	-0.45%
BA	F	-0.41%
WMT	A	-0.41%
ANF	C	-0.4%
NKE	D	-0.4%
NOW	A	-0.39%
NVO	D	-0.38%
AXP	A	-0.37%
GFS	C	-0.37%
ISRG	A	-0.36%
SN	D	-0.35%
DHR	F	-0.32%
OKTA	C	-0.32%
CROX	D	-0.28%
PDD	F	-0.28%
AEO	F	-0.27%
GE	D	-0.26%
GS	A	-0.25%
V	A	-0.24%
ORCL	B	-0.24%
HUBS	A	-0.24%
INTU	C	-0.23%
CRS	A	-0.23%
MRK	F	-0.21%
ASML	F	-0.21%
SYK	C	-0.2%
HWM	A	-0.2%
EOG	A	-0.2%
WDC	D	-0.2%
SGBX	F	-0.2%
C	A	-0.18%
THC	D	-0.18%
SHOP	B	-0.17%
QCOM	F	-0.15%
ZM	B	-0.13%
PG	A	-0.13%
FLUT	A	-0.13%
DHI	D	-0.13%
ALNY	D	-0.12%
GEV	B	-0.12%
RDDT	B	-0.12%
TEVA	D	-0.12%
MS	A	-0.12%
WRBY	B	-0.12%
DDOG	A	-0.12%
PM	B	-0.11%
SNOW	C	-0.11%
FIVE	F	-0.1%
TMO	F	-0.1%
PHM	D	-0.1%
MCO	B	-0.1%
APH	A	-0.09%
APO	B	-0.09%
HD	A	-0.09%
COST	B	-0.08%
ATI	D	-0.08%
SPOT	B	-0.08%
VSCO	B	-0.07%
FSLR	F	-0.07%
PLNT	A	-0.06%
MLM	B	-0.06%
AYI	B	-0.06%
KVUE	A	-0.06%
VMC	B	-0.06%
CIEN	B	-0.06%
SAP	B	-0.06%
JEF	A	-0.06%
SNPS	B	-0.06%
EXAS	D	-0.05%
LEGN	F	-0.05%
LIN	D	-0.05%
ALGM	D	-0.05%
AMAT	F	-0.05%
TDG	D	-0.05%
WSM	B	-0.05%
EME	C	-0.05%
UAL	A	-0.05%
SPR	D	-0.05%
RL	B	-0.04%
GRMN	B	-0.04%
GKOS	B	-0.04%
PI	D	-0.04%
HDB	C	-0.04%
BKNG	A	-0.04%
BRK.A	B	-0.04%
PVH	C	-0.04%
TKO	B	-0.04%
MASI	A	-0.03%
LEVI	F	-0.03%
WSO	A	-0.03%
MMYT	B	-0.03%
CHWY	B	-0.03%
FDX	B	-0.03%
MMM	D	-0.03%
MTB	A	-0.03%
IP	B	-0.03%
FLR	B	-0.03%
TTWO	A	-0.03%
WING	D	-0.03%
EAT	A	-0.03%
ONON	A	-0.03%
RCL	A	-0.03%
SW	A	-0.03%
AZEK	A	-0.03%
ACVA	B	-0.03%
FL	F	-0.02%
ASND	D	-0.01%
KEY	B	-0.0%
HLT	A	-0.0%
TPR	B	-0.0%
TMDX	F	-0.0%
ADBE	C	-0.0%
GM	B	-0.0%
GAP	C	-0.0%
MAR	B	-0.0%
SE	B	-0.0%