FBCV vs. PFIX ETF Comparison

Comparison of Fidelity Blue Chip Value ETF (FBCV) to Simplify Interest Rate Hedge ETF (PFIX)

FBCV

Fidelity Blue Chip Value ETF

FBCV 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 are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.68

Average Daily Volume

14,558

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PFIX

Simplify Interest Rate Hedge ETF

PFIX Description

The investment seeks to track the performance, before fees and expenses, of the SoFi Sustainable Dividend Index. The index follows a rules-based methodology that tracks the performance of the equity securities of publicly-traded, large- and mid-capitalization U.S. and non-U.S. companies in developed markets that are selected based on a set of dividend filters focused on dividend sustainability. The adviser attempts to invest all, or substantially all, of its assets in the component securities that make up the index. The fund will invest at least 80% its net assets in dividend paying securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$43.92

Average Daily Volume

50,690

Number of Holdings ^*

107

* may have additional holdings in another (foreign) market

Performance

Period	FBCV	PFIX
30 Days	1.25%	9.36%
60 Days	8.66%	8.43%
90 Days	9.99%	-9.02%
12 Months	24.02%	-20.49%

25 Overlapping Holdings

Symbol	Grade	Weight in FBCV	Weight in PFIX	Overlap
AVGO	B	0.18%	3.86%	0.18%
BAC	B	2.94%	1.73%	1.73%
BLK	A	1.98%	0.87%	0.87%
CCEP	C	0.72%	0.1%	0.1%
CHRW	C	0.15%	0.06%	0.06%
CMCSA	B	2.87%	1.29%	1.29%
CMI	A	0.33%	0.28%	0.28%
CSCO	A	2.05%	1.48%	1.48%
CVS	D	1.27%	0.76%	0.76%
EIX	C	1.38%	0.19%	0.19%
JCI	C	0.68%	0.29%	0.29%
JNJ	D	1.7%	2.83%	1.7%
JPM	C	4.05%	3.9%	3.9%
LHX	A	0.63%	0.29%	0.29%
LMT	A	1.14%	0.82%	0.82%
MDLZ	D	0.71%	0.76%	0.71%
MTB	A	0.96%	0.15%	0.15%
NTRS	B	0.88%	0.11%	0.11%
PG	D	1.12%	2.82%	1.12%
PNC	C	1.35%	0.43%	0.43%
SO	A	0.37%	0.55%	0.37%
SRE	C	0.69%	0.33%	0.33%
TRV	B	2.7%	0.38%	0.38%
USB	C	0.89%	0.45%	0.45%
XOM	A	4.59%	3.19%	3.19%

FBCV Overweight 56 Positions Relative to PFIX

Symbol	Grade	Weight
CI	D	2.89%
UNH	B	2.87%
BRK.A	B	2.72%
PCG	C	2.34%
DIS	D	2.28%
CNC	F	2.27%
WFC	B	2.27%
AZN	D	1.93%
HRB	C	1.83%
CB	A	1.74%
DE	C	1.72%
BMY	A	1.62%
KVUE	C	1.6%
ELV	F	1.44%
CTSH	B	1.37%
KO	C	1.33%
NOC	B	1.32%
WTW	C	1.22%
DOX	B	1.17%
KDP	C	1.13%
SNY	C	1.08%
FDX	F	1.04%
PNR	C	1.02%
LOW	C	0.95%
ROST	D	0.95%
CF	A	0.92%
USFD	C	0.92%
HLN	C	0.88%
APO	A	0.8%
RRX	B	0.79%
NGG	D	0.77%
CCI	D	0.74%
TSN	D	0.72%
EQNR	D	0.72%
OXY	D	0.7%
CCK	C	0.7%
BJ	B	0.69%
NEE	C	0.62%
MMS	C	0.61%
OVV	D	0.6%
AR	C	0.58%
DEO	C	0.57%
MU	D	0.55%
AES	C	0.51%
MUSA	D	0.42%
SPG	A	0.42%
G	A	0.39%
BA	F	0.29%
OTEX	D	0.28%
TPR	B	0.27%
GEV	A	0.26%
CFR	B	0.23%
TEL	D	0.2%
OSK	F	0.18%
NXPI	F	0.17%
ALSN	A	0.12%

FBCV Underweight 82 Positions Relative to PFIX

Symbol	Grade	Weight
CVX	B	-2.06%
TM	D	-1.97%
NVS	D	-1.56%
QCOM	D	-1.27%
VZ	C	-1.26%
TXN	C	-1.13%
COP	D	-1.01%
PLD	D	-0.91%
TD	B	-0.83%
ETN	B	-0.82%
MS	A	-0.81%
UPS	D	-0.81%
ADP	A	-0.79%
C	B	-0.77%
MMC	D	-0.75%
GILD	A	-0.66%
GD	C	-0.46%
HMC	D	-0.45%
PSX	D	-0.45%
STLA	F	-0.43%
NSC	C	-0.42%
PCAR	D	-0.42%
APD	C	-0.37%
VLO	F	-0.36%
AIG	C	-0.34%
NUE	D	-0.32%
MET	A	-0.32%
OKE	A	-0.31%
AEP	C	-0.31%
PAYX	B	-0.3%
BK	A	-0.29%
RSG	D	-0.28%
GIS	C	-0.28%
EXC	C	-0.27%
KR	C	-0.26%
E	C	-0.26%
XEL	C	-0.25%
PEG	A	-0.23%
FANG	D	-0.23%
HSY	D	-0.22%
DFS	A	-0.22%
ADM	F	-0.22%
VICI	C	-0.22%
BCS	B	-0.22%
AVB	C	-0.19%
WEC	B	-0.18%
TROW	D	-0.17%
DTE	B	-0.17%
STT	A	-0.16%
FITB	C	-0.16%
ES	D	-0.15%
PFG	A	-0.14%
GPC	D	-0.14%
DRI	C	-0.14%
AEE	A	-0.14%
ETR	A	-0.14%
HBAN	B	-0.13%
GRMN	D	-0.13%
OMC	C	-0.13%
HPE	B	-0.13%
CMS	A	-0.12%
RF	B	-0.12%
SWKS	F	-0.12%
SYF	A	-0.12%
HST	D	-0.11%
VTRS	D	-0.11%
ATO	A	-0.11%
CINF	A	-0.11%
FNF	C	-0.1%
SNA	C	-0.1%
PKG	B	-0.1%
BBY	C	-0.1%
IP	C	-0.09%
AMCR	C	-0.09%
EG	A	-0.09%
CAG	D	-0.09%
NI	A	-0.08%
LNT	B	-0.08%
MOS	F	-0.07%
EVRG	C	-0.07%
CPB	D	-0.06%
FRO	B	-0.02%