BTHM vs. FHEQ ETF Comparison

Comparison of BlackRock Future U.S. Themes ETF (BTHM) to Fidelity Hedged Equity ETF (FHEQ)

BTHM

BlackRock Future U.S. Themes ETF

BTHM Description

BlackRock Future U.S. Themes ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth stocks of companies across diversified market capitalization. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index. The fund employs proprietary research to create its portfolio. BlackRock Future U.S. Themes ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.12

Average Daily Volume

1,481

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.66

Average Daily Volume

23,917

Number of Holdings ^*

169

* may have additional holdings in another (foreign) market

Performance

Period	BTHM	FHEQ
30 Days	7.97%	0.69%
60 Days	9.77%	3.18%
90 Days	4.47%	4.08%
12 Months	40.34%

46 Overlapping Holdings

Symbol	Grade	Weight in BTHM	Weight in FHEQ	Overlap
AAPL	C	4.98%	7.05%	4.98%
ADBE	D	0.02%	0.96%	0.02%
ADP	B	0.27%	0.16%	0.16%
AMAT	F	0.34%	0.75%	0.34%
AMZN	B	3.58%	3.61%	3.58%
ANF	C	0.37%	0.33%	0.33%
AVGO	C	1.67%	1.73%	1.67%
BAH	D	0.48%	0.12%	0.12%
BRK.A	B	2.32%	2.12%	2.12%
CACI	C	0.16%	0.37%	0.16%
CAH	B	0.02%	0.42%	0.02%
CAT	C	0.59%	0.48%	0.48%
CL	D	1.51%	0.55%	0.55%
COST	A	2.72%	0.45%	0.45%
CRUS	F	0.21%	0.06%	0.06%
CSCO	B	0.67%	0.8%	0.67%
CTAS	B	0.07%	0.67%	0.07%
ECL	D	0.11%	0.61%	0.11%
GAP	D	0.09%	0.18%	0.09%
GE	D	2.41%	0.45%	0.45%
GOOG	B	1.12%	1.98%	1.12%
GOOGL	B	1.14%	2.05%	1.14%
GRMN	B	0.27%	0.31%	0.27%
HLT	A	0.32%	0.18%	0.18%
HWM	A	0.27%	0.27%	0.27%
KLAC	F	0.06%	0.57%	0.06%
KR	B	0.24%	0.11%	0.11%
LNW	F	0.31%	0.18%	0.18%
LRCX	F	0.32%	0.24%	0.24%
META	C	2.19%	2.96%	2.19%
MMC	D	0.37%	0.52%	0.37%
MSFT	D	6.58%	5.62%	5.62%
MSI	B	0.51%	0.24%	0.24%
NFLX	A	0.41%	1.21%	0.41%
NOC	D	0.23%	0.59%	0.23%
NVDA	A	8.88%	7.54%	7.54%
ORCL	A	0.63%	0.04%	0.04%
PG	C	2.2%	0.82%	0.82%
QCOM	F	0.43%	0.82%	0.43%
ROST	D	2.57%	0.1%	0.1%
RSG	A	0.57%	0.04%	0.04%
SEIC	B	0.13%	0.54%	0.13%
TJX	A	3.01%	0.72%	0.72%
TT	A	1.18%	0.68%	0.68%
WM	B	0.08%	0.38%	0.08%
WMT	A	1.84%	0.79%	0.79%

BTHM Overweight 103 Positions Relative to FHEQ

Symbol	Grade	Weight
PPC	B	2.22%
APH	B	2.14%
BSX	A	1.93%
LOW	C	1.56%
CHKP	D	1.54%
CDNS	B	1.4%
PSTG	F	1.14%
EME	A	1.06%
TXN	C	0.99%
SSNC	C	0.78%
TRGP	A	0.77%
MLI	B	0.69%
CVLT	B	0.69%
SNPS	C	0.68%
LIN	D	0.67%
WCN	A	0.63%
GDDY	A	0.62%
ACN	C	0.61%
DTM	A	0.6%
DECK	A	0.6%
FI	A	0.6%
IR	B	0.58%
VMC	B	0.57%
MTZ	A	0.57%
LII	A	0.57%
ADI	D	0.51%
DY	C	0.51%
SYK	A	0.51%
GGG	B	0.49%
BMI	C	0.49%
PTC	B	0.46%
CPRT	B	0.45%
FIX	A	0.44%
CLH	C	0.43%
LECO	C	0.43%
ITT	A	0.43%
DDS	B	0.41%
ATR	B	0.37%
JBL	C	0.37%
DKS	D	0.37%
SFM	A	0.36%
BOX	B	0.35%
GWW	B	0.34%
PWR	A	0.33%
FFIV	B	0.3%
TMHC	B	0.29%
NTAP	C	0.28%
SNX	D	0.27%
PHM	D	0.27%
FLR	B	0.26%
SPOT	B	0.25%
MAR	B	0.24%
HUBB	B	0.24%
AXS	A	0.24%
MCK	A	0.24%
FAST	B	0.23%
MLM	B	0.23%
AMD	F	0.22%
AXON	A	0.22%
HESM	A	0.21%
AFL	C	0.21%
UFPI	C	0.2%
CRS	A	0.2%
SM	C	0.19%
VRSK	B	0.18%
OC	A	0.18%
ORLY	B	0.18%
MUSA	B	0.17%
EHC	B	0.17%
ACM	B	0.16%
WSM	D	0.16%
AZO	C	0.15%
VLTO	C	0.14%
LKQ	F	0.13%
BKR	B	0.13%
NRG	B	0.12%
AMG	C	0.12%
ESNT	D	0.12%
VOYA	B	0.12%
TENB	D	0.12%
PAG	B	0.11%
AIT	B	0.11%
EXP	B	0.1%
TDW	F	0.1%
ALSN	B	0.09%
OTIS	C	0.08%
CHD	A	0.06%
ZETA	D	0.05%
FANG	D	0.05%
JHG	B	0.04%
GWRE	A	0.04%
NXPI	F	0.04%
SKX	F	0.04%
BRO	B	0.04%
AWI	B	0.04%
SSD	D	0.03%
GPC	F	0.03%
LPX	B	0.03%
OLED	F	0.03%
RS	B	0.02%
MTSI	B	0.02%
KLG	D	0.01%
CDW	F	0.01%

BTHM Underweight 123 Positions Relative to FHEQ

Symbol	Grade	Weight
JPM	A	-1.75%
XOM	B	-1.51%
MA	B	-1.33%
HD	A	-1.27%
CRM	B	-1.23%
TSLA	A	-1.15%
BAC	A	-1.13%
ABBV	F	-1.0%
PM	A	-0.85%
LLY	F	-0.84%
CMCSA	B	-0.83%
GILD	C	-0.77%
BMY	A	-0.77%
LMT	D	-0.73%
UNP	D	-0.73%
NEE	C	-0.69%
MRK	F	-0.66%
CI	D	-0.65%
PGR	B	-0.64%
T	A	-0.63%
SQ	A	-0.6%
BDX	F	-0.59%
JNJ	D	-0.59%
CSX	C	-0.58%
UNH	C	-0.58%
PFE	F	-0.58%
ZM	B	-0.57%
CMG	C	-0.55%
PYPL	B	-0.54%
SCHW	A	-0.53%
C	B	-0.53%
DBX	C	-0.53%
MU	D	-0.53%
TRV	A	-0.52%
DVN	F	-0.51%
CVNA	A	-0.51%
EXEL	B	-0.5%
TXT	D	-0.49%
IGT	F	-0.49%
MSCI	B	-0.49%
ZBRA	B	-0.48%
V	A	-0.46%
RTX	D	-0.45%
PCAR	C	-0.43%
DIS	B	-0.42%
AXP	B	-0.42%
SPGI	D	-0.41%
ALLE	D	-0.4%
LDOS	C	-0.39%
CME	A	-0.36%
BK	B	-0.35%
MEDP	D	-0.35%
TDC	D	-0.34%
NOW	B	-0.34%
NUE	D	-0.33%
PPG	F	-0.32%
WTW	B	-0.31%
SKYW	B	-0.3%
TMO	F	-0.28%
INCY	C	-0.28%
EOG	A	-0.27%
AMGN	D	-0.26%
ALRM	C	-0.26%
NSC	B	-0.26%
MMM	D	-0.22%
BIIB	F	-0.22%
TROW	B	-0.22%
CVS	F	-0.21%
LHX	B	-0.21%
AMT	D	-0.21%
GL	C	-0.2%
VZ	C	-0.2%
DOCU	B	-0.2%
XEL	A	-0.2%
CLX	A	-0.19%
IDXX	F	-0.18%
PSA	C	-0.18%
PEGA	B	-0.17%
GEHC	D	-0.17%
FTI	A	-0.17%
MS	A	-0.16%
WDAY	C	-0.16%
TPH	D	-0.15%
MGM	D	-0.15%
ETN	B	-0.15%
SPG	A	-0.15%
UBER	F	-0.14%
F	C	-0.14%
FTNT	B	-0.14%
SOLV	F	-0.13%
VEEV	C	-0.13%
GEN	B	-0.13%
DASH	A	-0.12%
CINF	A	-0.12%
QRVO	F	-0.11%
NBIX	C	-0.11%
AME	A	-0.1%
VST	A	-0.1%
PLTK	B	-0.1%
UHS	D	-0.08%
ANET	C	-0.08%
DOC	D	-0.08%
ALL	A	-0.07%
LYFT	C	-0.07%
BCC	C	-0.07%
L	A	-0.07%
TMUS	B	-0.07%
MDLZ	F	-0.07%
BBWI	C	-0.07%
UTHR	C	-0.06%
CNC	F	-0.06%
IFF	D	-0.05%
CCL	A	-0.05%
STLD	B	-0.05%
SCCO	F	-0.04%
ED	C	-0.04%
LPLA	A	-0.03%
CVX	A	-0.02%
MHO	D	-0.02%
TWLO	A	-0.02%
UNM	A	-0.01%
NWL	B	-0.01%
OGE	A	-0.01%