ETHO vs. FBUF ETF Comparison

Comparison of Etho Climate Leadership U.S. ETF (ETHO) to Fidelity Dynamic Buffered Equity ETF (FBUF)

ETHO

Etho Climate Leadership U.S. ETF

ETHO Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Etho Climate Leadership Index - US (the "index"). The index tracks the performance of the equity securities of a diversified set of U.S. companies that are leaders in their industry with respect to their carbon impact. "Carbon impact" is calculated based on the total greenhouse gas ("GHG") emissions from a company&#39;s operations, fuel use, supply chain, and business activities, divided by the company&#39;s market capitalization. The fund will invest at least 80% of its total assets in the component securities of the index.

Grade (RS Rating)

Last Trade

$63.33

Average Daily Volume

5,371

Number of Holdings ^*

285

* may have additional holdings in another (foreign) market

FBUF

Fidelity Dynamic Buffered Equity ETF

FBUF Description

FBUF seeks capital appreciation by investing in a large-cap equity portfolio of US and foreign stocks while utilizing a defensive options collar strategy. The fund aims to outperform the S&P 500 by picking stocks using a computer-aided, quantitative analysis of historical valuation, growth, and profitability, among other factors. The proprietary process seeks to find the optimal portfolio holdings, overweight stocks with positive characteristics, and manage benchmark relative risks. For the options strategy, the fund typically buys out-of-the-money put options on the S&P 500 Index and simultaneously sells out-of-the-money S&P 500 Index call options. Premium earned from writing calls is intended to offset the cost of buying puts, but this essentially caps the upside returns of the equity portfolio. For a continuous downside hedge, the adviser selects put options through a laddered approach that rolls monthly. The adviser diversifies the written call positions, which are rolled weekly, with different strike prices and expiration dates.

Grade (RS Rating)

Last Trade

$27.53

Average Daily Volume

5,177

Number of Holdings ^*

155

* may have additional holdings in another (foreign) market

Performance

Period	ETHO	FBUF
30 Days	7.59%	3.10%
60 Days	6.45%	4.70%
90 Days	6.91%	6.08%
12 Months	24.60%

40 Overlapping Holdings

Symbol	Grade	Weight in ETHO	Weight in FBUF	Overlap
AAPL	C	0.42%	7.34%	0.42%
ADBE	C	0.34%	0.94%	0.34%
AMAT	F	0.29%	0.67%	0.29%
AMGN	D	0.35%	0.25%	0.25%
ANET	C	0.44%	0.06%	0.06%
AXP	A	0.41%	0.43%	0.41%
CMG	B	0.33%	0.47%	0.33%
CRM	B	0.37%	1.16%	0.37%
CSCO	B	0.39%	0.8%	0.39%
DBX	B	0.37%	0.52%	0.37%
DOCU	A	0.44%	0.09%	0.09%
EXEL	B	0.48%	0.43%	0.43%
IDXX	F	0.26%	0.15%	0.15%
INTU	C	0.35%	0.12%	0.12%
ITW	B	0.33%	0.14%	0.14%
KLAC	D	0.3%	0.61%	0.3%
KR	B	0.34%	0.12%	0.12%
LPLA	A	0.39%	0.11%	0.11%
LRCX	F	0.25%	0.24%	0.24%
MA	C	0.35%	1.36%	0.35%
MRK	F	0.24%	0.96%	0.24%
MSCI	C	0.35%	0.26%	0.26%
MSFT	F	0.33%	5.66%	0.33%
NBIX	C	0.29%	0.06%	0.06%
NFLX	A	0.44%	1.28%	0.44%
NOW	A	0.44%	0.5%	0.44%
NVDA	C	0.52%	7.37%	0.52%
PFE	D	0.32%	0.41%	0.32%
PYPL	B	0.42%	0.72%	0.42%
QCOM	F	0.31%	0.85%	0.31%
SSNC	B	0.38%	0.18%	0.18%
TJX	A	0.39%	0.72%	0.39%
TMUS	B	0.48%	0.28%	0.28%
TPH	D	0.35%	0.18%	0.18%
TSLA	B	0.61%	1.27%	0.61%
TWLO	A	0.53%	0.09%	0.09%
UTHR	C	0.56%	0.04%	0.04%
V	A	0.36%	0.65%	0.36%
VEEV	C	0.33%	0.04%	0.04%
ZM	B	0.42%	0.53%	0.42%

ETHO Overweight 245 Positions Relative to FBUF

Symbol	Grade	Weight
SFM	A	0.73%
AGIO	C	0.65%
LITE	B	0.6%
VCYT	B	0.58%
ALNY	D	0.57%
FTDR	A	0.56%
IDCC	A	0.56%
SASR	B	0.55%
HLNE	B	0.55%
PIPR	B	0.54%
COLB	A	0.53%
PODD	C	0.51%
CARG	C	0.51%
GDDY	A	0.51%
PLNT	A	0.5%
GKOS	B	0.49%
AAON	B	0.49%
PTGX	C	0.48%
CAC	B	0.48%
MATX	C	0.48%
EXTR	B	0.47%
SMAR	A	0.47%
BKU	A	0.47%
CPRX	C	0.46%
BMI	B	0.45%
BKNG	A	0.45%
CAKE	C	0.44%
CBSH	A	0.44%
LQDT	B	0.44%
FFBC	A	0.43%
CNS	B	0.43%
FHN	A	0.43%
MOD	A	0.43%
DFS	B	0.43%
MMSI	B	0.43%
ASB	B	0.42%
BRC	D	0.42%
INGR	B	0.42%
CMA	A	0.42%
FFIV	B	0.42%
HWC	B	0.42%
EPRT	B	0.41%
FIBK	A	0.41%
NYT	C	0.41%
BOH	B	0.41%
TGNA	B	0.41%
BOKF	B	0.41%
LII	A	0.41%
WTFC	A	0.41%
AAT	B	0.41%
MSEX	B	0.41%
HBAN	A	0.41%
BRO	B	0.41%
BOX	B	0.4%
TTWO	A	0.4%
EA	A	0.4%
KEY	B	0.4%
VRSK	A	0.4%
HNI	B	0.4%
LAD	A	0.4%
AWR	B	0.39%
URI	B	0.39%
TXN	C	0.39%
PPBI	B	0.39%
WBS	A	0.39%
AJG	B	0.39%
ADSK	A	0.39%
PAYX	C	0.39%
ATEN	B	0.39%
BE	B	0.39%
ATR	B	0.39%
AUB	B	0.39%
NTNX	A	0.38%
DAY	B	0.38%
RUSHA	C	0.38%
DEA	D	0.38%
ITGR	B	0.38%
NMIH	D	0.38%
VRTX	F	0.38%
GWW	B	0.38%
PRI	A	0.38%
CTS	C	0.38%
RMD	C	0.38%
ATRC	C	0.38%
TRMB	B	0.37%
BUSE	B	0.37%
REZI	A	0.37%
DECK	A	0.37%
NTAP	C	0.37%
ESI	A	0.37%
PFGC	B	0.37%
PAYC	B	0.37%
BCPC	B	0.37%
LZB	B	0.37%
BURL	A	0.37%
CWT	D	0.37%
JBT	B	0.37%
DT	C	0.37%
IT	C	0.37%
CARS	B	0.36%
INFN	C	0.36%
OMF	A	0.36%
BERY	B	0.36%
HUBS	A	0.36%
SCSC	B	0.36%
VOYA	B	0.36%
RL	B	0.36%
ABG	B	0.36%
PFSI	D	0.36%
HAE	C	0.35%
ADI	D	0.35%
OMC	C	0.35%
CSGS	B	0.35%
AWK	D	0.35%
ZS	C	0.35%
DDOG	A	0.34%
NTCT	C	0.34%
COLM	B	0.34%
LFUS	F	0.34%
RARE	D	0.34%
ZTS	D	0.34%
SHOO	D	0.34%
YETI	C	0.34%
PEN	B	0.34%
PINC	B	0.34%
GIII	D	0.34%
GEF	A	0.34%
OZK	B	0.34%
JKHY	D	0.33%
AGNC	D	0.33%
WDAY	B	0.33%
MTH	D	0.33%
VZ	C	0.33%
XHR	B	0.33%
FELE	B	0.33%
PTC	A	0.33%
CHD	B	0.33%
WRB	A	0.33%
SCS	C	0.33%
AMTB	B	0.33%
KMB	D	0.33%
NOVT	D	0.32%
BZH	B	0.32%
VRSN	F	0.32%
TTGT	C	0.32%
CGNX	C	0.32%
KRO	D	0.32%
RHI	B	0.32%
HASI	D	0.32%
ROK	B	0.32%
CDNS	B	0.32%
WTS	B	0.32%
ANSS	B	0.32%
APLE	B	0.32%
RHP	B	0.32%
OLED	D	0.32%
TER	D	0.31%
NDSN	B	0.31%
LCII	C	0.31%
SHO	C	0.31%
PARA	C	0.31%
SYY	B	0.31%
VVV	F	0.31%
ROST	C	0.31%
XYL	D	0.31%
PSTG	D	0.31%
ESNT	D	0.31%
FC	F	0.31%
BL	B	0.31%
THR	B	0.3%
MSA	D	0.3%
SIGI	C	0.3%
CASS	B	0.3%
POWI	D	0.29%
MPWR	F	0.29%
EPC	D	0.29%
EPAM	C	0.29%
PLD	D	0.29%
ALLY	C	0.29%
IPG	D	0.29%
ALG	B	0.28%
GPN	B	0.28%
VAC	B	0.28%
ELAN	D	0.28%
IONS	F	0.28%
ROG	D	0.28%
RMBS	C	0.28%
SITE	D	0.27%
MDB	C	0.27%
MYRG	B	0.27%
MKSI	C	0.27%
REXR	F	0.27%
IPGP	D	0.27%
USNA	C	0.27%
GNTX	C	0.27%
SCL	C	0.27%
LEVI	F	0.27%
FND	C	0.26%
MXL	C	0.26%
CYTK	F	0.26%
AMKR	D	0.26%
THS	D	0.26%
AOS	F	0.26%
RGEN	D	0.26%
THRM	D	0.25%
BMRN	D	0.25%
AMD	F	0.25%
COHU	C	0.25%
ETSY	D	0.25%
CDW	F	0.24%
TREX	C	0.24%
TPIC	F	0.24%
IRBT	F	0.24%
EXAS	D	0.24%
DENN	D	0.24%
ENTG	D	0.24%
OKTA	C	0.24%
ARWR	F	0.24%
EW	C	0.23%
MOV	C	0.23%
HVT	D	0.22%
LEA	D	0.22%
CROX	D	0.22%
CRI	D	0.21%
LSCC	D	0.21%
HPP	F	0.21%
EB	C	0.21%
ALLO	F	0.2%
COTY	F	0.2%
KELYA	F	0.2%
PLUG	F	0.19%
BRKR	D	0.19%
NOVA	F	0.18%
HELE	C	0.18%
PCRX	C	0.18%
W	F	0.18%
DXCM	D	0.17%
ATKR	C	0.16%
ENPH	F	0.16%
AMN	F	0.13%
MRNA	F	0.13%
EDIT	F	0.13%
EL	F	0.13%
NVRO	F	0.1%
CHGG	D	0.07%

ETHO Underweight 115 Positions Relative to FBUF

Symbol	Grade	Weight
AMZN	C	-3.84%
META	D	-2.89%
BRK.A	B	-2.2%
GOOGL	C	-2.04%
JPM	A	-1.93%
GOOG	C	-1.89%
AVGO	D	-1.62%
XOM	B	-1.56%
HD	A	-1.32%
BAC	A	-1.18%
PM	B	-0.94%
ABBV	D	-0.91%
CMCSA	B	-0.84%
WMT	A	-0.82%
NEE	D	-0.82%
PG	A	-0.8%
SCHW	B	-0.79%
LLY	F	-0.76%
UNP	C	-0.75%
BMY	B	-0.74%
GILD	C	-0.74%
JNJ	D	-0.73%
C	A	-0.72%
T	A	-0.71%
LMT	D	-0.71%
TT	A	-0.68%
PGR	A	-0.67%
CTAS	B	-0.65%
DIS	B	-0.65%
ECL	D	-0.63%
CI	F	-0.63%
ABT	B	-0.63%
SQ	B	-0.6%
NOC	D	-0.6%
BDX	F	-0.58%
UNH	C	-0.57%
CL	D	-0.55%
SEIC	B	-0.54%
MMC	B	-0.53%
CAT	B	-0.53%
ZBRA	B	-0.52%
CVNA	B	-0.52%
DVN	F	-0.52%
MU	D	-0.5%
TXT	D	-0.5%
CSX	B	-0.49%
GE	D	-0.48%
EOG	A	-0.48%
IGT	F	-0.46%
CME	A	-0.44%
SPG	B	-0.44%
GRMN	B	-0.44%
MSI	B	-0.43%
WM	A	-0.41%
TMO	F	-0.38%
HWM	A	-0.38%
ALLE	D	-0.38%
PCAR	B	-0.37%
NUE	C	-0.36%
ANF	C	-0.35%
TDC	D	-0.35%
ALRM	C	-0.34%
PPG	F	-0.34%
INCY	C	-0.34%
F	C	-0.33%
LDOS	C	-0.31%
SKYW	B	-0.31%
CAH	B	-0.31%
COST	B	-0.3%
RTX	C	-0.28%
MEDP	D	-0.28%
TROW	B	-0.28%
WFC	A	-0.28%
TRV	B	-0.26%
ADP	B	-0.26%
UBER	D	-0.24%
SYK	C	-0.24%
CVS	D	-0.23%
RSG	A	-0.23%
MGM	D	-0.23%
AMT	D	-0.21%
LHX	C	-0.21%
SPGI	C	-0.21%
GAP	C	-0.21%
BIIB	F	-0.21%
FTNT	C	-0.2%
PEP	F	-0.19%
MMM	D	-0.19%
CACI	D	-0.17%
PSA	D	-0.17%
LNW	D	-0.16%
BBWI	D	-0.16%
OXY	D	-0.15%
VST	B	-0.14%
CLX	B	-0.14%
GL	B	-0.13%
GEN	B	-0.13%
BK	A	-0.12%
AON	A	-0.12%
NSC	B	-0.11%
DASH	A	-0.11%
UNM	A	-0.1%
ED	D	-0.1%
AME	A	-0.09%
NRG	B	-0.09%
LYFT	C	-0.08%
CINF	A	-0.07%
PLTK	B	-0.07%
CRUS	D	-0.07%
QRVO	F	-0.06%
ORCL	B	-0.04%
TNL	A	-0.04%
TOL	B	-0.02%
CVX	A	-0.02%
PEGA	A	-0.02%