FBUF vs. PTL ETF Comparison

Comparison of Fidelity Dynamic Buffered Equity ETF (FBUF) to Northern Lights Fund Trust IV Inspire 500 ETF (PTL)
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
PTL

Northern Lights Fund Trust IV Inspire 500 ETF

PTL Description PTL is passively managed to invest in US large-cap stocks that align with the issuer's definition of biblical values and positive impact on the world, measured using various environmental, social, and governance criteria. The index provider analyzes publicly available and third-party data to assign a proprietary Impact Score to each eligible stock. The methodology excludes stocks with any degree of involvement in activities such as abortion, gambling, alcohol, tobacco, cannabis, stem cell research, in vitro fertilization, pornography, rights violations, and LGBT activism. The remaining stocks are scored based on how well they align with the issuer's values, considering factors including business ethics, employee wellbeing, customer welfare, product safety, ecological impact, and GHG emissions. The index selects the 500 highest-scoring stocks and weights them by market capitalization. Index components are reconstituted and rebalanced annually.

Grade (RS Rating)

Last Trade

$224.62

Average Daily Volume

7,636

Number of Holdings *

478

* may have additional holdings in another (foreign) market
Performance
Period FBUF PTL
30 Days 3.10% 5.09%
60 Days 4.70% 5.71%
90 Days 6.08% 7.67%
12 Months
46 Overlapping Holdings
Symbol Grade Weight in FBUF Weight in PTL Overlap
ADP B 0.26% 0.86% 0.26%
AME A 0.09% 0.31% 0.09%
ANET C 0.06% 0.83% 0.06%
AVGO D 1.62% 5.22% 1.62%
CACI D 0.17% 0.07% 0.07%
CAT B 0.53% 1.22% 0.53%
CINF A 0.07% 0.16% 0.07%
CSX B 0.49% 0.47% 0.47%
CTAS B 0.65% 0.61% 0.61%
CVNA B 0.52% 0.33% 0.33%
DOCU A 0.09% 0.11% 0.09%
DVN F 0.52% 0.18% 0.18%
ED D 0.1% 0.23% 0.1%
EOG A 0.48% 0.56% 0.48%
EXEL B 0.43% 0.07% 0.07%
FTNT C 0.2% 0.48% 0.2%
GAP C 0.21% 0.05% 0.05%
GEN B 0.13% 0.12% 0.12%
GL B 0.13% 0.07% 0.07%
HD A 1.32% 2.69% 1.32%
IDXX F 0.15% 0.25% 0.15%
INCY C 0.34% 0.1% 0.1%
KLAC D 0.61% 0.58% 0.58%
MEDP D 0.28% 0.08% 0.08%
MSCI C 0.26% 0.31% 0.26%
NBIX C 0.06% 0.09% 0.06%
NEE D 0.82% 1.08% 0.82%
NRG B 0.09% 0.12% 0.09%
NSC B 0.11% 0.42% 0.11%
NUE C 0.36% 0.24% 0.24%
OXY D 0.15% 0.33% 0.15%
PCAR B 0.37% 0.4% 0.37%
PGR A 0.67% 1.06% 0.67%
PSA D 0.17% 0.4% 0.17%
QCOM F 0.85% 1.24% 0.85%
QRVO F 0.06% 0.04% 0.04%
RSG A 0.23% 0.46% 0.23%
SEIC B 0.54% 0.07% 0.07%
SPG B 0.44% 0.41% 0.41%
SSNC B 0.18% 0.13% 0.13%
TOL B 0.02% 0.11% 0.02%
UTHR C 0.04% 0.11% 0.04%
VEEV C 0.04% 0.25% 0.04%
VST B 0.14% 0.29% 0.14%
WM A 0.41% 0.6% 0.41%
XOM B 1.56% 3.74% 1.56%
FBUF Overweight 109 Positions Relative to PTL
Symbol Grade Weight
NVDA C 7.37%
AAPL C 7.34%
MSFT F 5.66%
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%
MA C 1.36%
NFLX A 1.28%
TSLA B 1.27%
BAC A 1.18%
CRM B 1.16%
MRK F 0.96%
PM B 0.94%
ADBE C 0.94%
ABBV D 0.91%
CMCSA B 0.84%
WMT A 0.82%
CSCO B 0.8%
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%
PYPL B 0.72%
TJX A 0.72%
C A 0.72%
T A 0.71%
LMT D 0.71%
TT A 0.68%
AMAT F 0.67%
V A 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%
MMC B 0.53%
ZM B 0.53%
DBX B 0.52%
ZBRA B 0.52%
MU D 0.5%
NOW A 0.5%
TXT D 0.5%
GE D 0.48%
CMG B 0.47%
IGT F 0.46%
CME A 0.44%
GRMN B 0.44%
MSI B 0.43%
AXP A 0.43%
PFE D 0.41%
TMO F 0.38%
HWM A 0.38%
ALLE D 0.38%
ANF C 0.35%
TDC D 0.35%
ALRM C 0.34%
PPG F 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%
TMUS B 0.28%
TROW B 0.28%
WFC A 0.28%
TRV B 0.26%
AMGN D 0.25%
UBER D 0.24%
SYK C 0.24%
LRCX F 0.24%
CVS D 0.23%
MGM D 0.23%
AMT D 0.21%
LHX C 0.21%
SPGI C 0.21%
BIIB F 0.21%
PEP F 0.19%
MMM D 0.19%
TPH D 0.18%
LNW D 0.16%
BBWI D 0.16%
CLX B 0.14%
ITW B 0.14%
KR B 0.12%
BK A 0.12%
INTU C 0.12%
AON A 0.12%
DASH A 0.11%
LPLA A 0.11%
UNM A 0.1%
TWLO A 0.09%
LYFT C 0.08%
PLTK B 0.07%
CRUS D 0.07%
ORCL B 0.04%
TNL A 0.04%
CVX A 0.02%
PEGA A 0.02%
FBUF Underweight 432 Positions Relative to PTL
Symbol Grade Weight
LIN D -1.49%
ISRG A -1.34%
LOW D -1.01%
PLTR B -0.98%
PANW C -0.89%
UPS C -0.77%
PLD D -0.76%
APP B -0.76%
ELV F -0.67%
SHW A -0.65%
REGN F -0.63%
ICE C -0.62%
GEV B -0.62%
PH A -0.61%
SNPS B -0.6%
APH A -0.6%
WELL A -0.58%
MSTR C -0.58%
MRVL B -0.57%
FDX B -0.55%
COIN C -0.54%
IBKR A -0.53%
SCCO F -0.52%
EMR A -0.5%
OKE A -0.48%
ORLY B -0.47%
SLB C -0.44%
DLR B -0.43%
KMI A -0.43%
TTD B -0.43%
ROP B -0.42%
AFL B -0.42%
CEG D -0.41%
FANG D -0.4%
FCX D -0.4%
DHI D -0.39%
FICO B -0.39%
MNST C -0.37%
CPRT A -0.37%
URI B -0.37%
NEM D -0.35%
AZO C -0.35%
PAYX C -0.35%
LNG B -0.35%
COR B -0.34%
AIG B -0.34%
FAST B -0.33%
VLO C -0.33%
LEN D -0.33%
PWR A -0.33%
ODFL B -0.33%
VRT B -0.33%
KVUE A -0.32%
TRGP B -0.32%
DDOG A -0.32%
CCI D -0.31%
BKR B -0.31%
PCG A -0.31%
PEG A -0.3%
SNOW C -0.3%
CPNG D -0.3%
EW C -0.3%
IR B -0.29%
VRSK A -0.28%
DAL C -0.27%
VMC B -0.26%
IQV D -0.26%
EXC C -0.26%
GEHC F -0.26%
YUM B -0.25%
EXR D -0.25%
RMD C -0.25%
OTIS C -0.25%
MLM B -0.25%
SYY B -0.24%
FCNCA A -0.24%
TPL A -0.24%
MCHP D -0.24%
OWL A -0.23%
DXCM D -0.23%
NET B -0.23%
CSGP D -0.23%
TTWO A -0.23%
WEC A -0.22%
BRO B -0.22%
ZS C -0.22%
ETR B -0.22%
EFX F -0.22%
IOT A -0.21%
ON D -0.21%
ANSS B -0.21%
KEYS A -0.2%
RKT F -0.2%
HAL C -0.2%
TW A -0.2%
EQR B -0.2%
LYB F -0.19%
DECK A -0.19%
NVR D -0.19%
MPWR F -0.19%
PHM D -0.19%
DOV A -0.19%
AWK D -0.19%
TSCO D -0.19%
VLTO D -0.18%
CPAY A -0.18%
TYL B -0.18%
VTR C -0.18%
ADM D -0.18%
EME C -0.17%
ROL B -0.17%
RF A -0.17%
MTD D -0.17%
DTE C -0.17%
NTAP C -0.17%
CBOE B -0.16%
WY D -0.16%
ATO A -0.16%
IFF D -0.16%
TKO B -0.16%
TOST B -0.16%
LII A -0.16%
AFRM B -0.16%
SBAC D -0.16%
TSN B -0.16%
WST C -0.16%
FE C -0.16%
HUBB B -0.16%
GFS C -0.16%
AEE A -0.16%
WRB A -0.16%
CDW F -0.16%
STE F -0.15%
BLDR D -0.15%
MKC D -0.15%
IP B -0.15%
STLD B -0.15%
WDC D -0.15%
INVH D -0.15%
WSM B -0.15%
ERIE D -0.15%
ES D -0.15%
PKG A -0.15%
WSO A -0.15%
MDB C -0.15%
MKL A -0.15%
CSL C -0.14%
FSLR F -0.14%
CTRA B -0.14%
CNP B -0.14%
UI A -0.14%
CMS C -0.14%
LH C -0.14%
ESS B -0.14%
NTNX A -0.13%
HOLX D -0.13%
XPO B -0.13%
SNA A -0.13%
L A -0.13%
JBHT C -0.13%
PODD C -0.13%
ARE D -0.13%
MAA B -0.13%
CHWY B -0.12%
USFD A -0.12%
IEX B -0.12%
DG F -0.12%
MAS D -0.12%
TRMB B -0.12%
GPC D -0.12%
SUI D -0.12%
NWSA B -0.12%
RS B -0.12%
ALGN D -0.12%
MRO B -0.12%
TER D -0.12%
OC A -0.12%
BAX D -0.12%
CRBG B -0.12%
RYAN B -0.12%
MOH F -0.12%
RPM A -0.12%
CASY A -0.11%
RGA A -0.11%
FLEX A -0.11%
SMMT D -0.11%
COHR B -0.11%
ENTG D -0.11%
GWRE A -0.11%
BSY D -0.11%
RPRX D -0.11%
JEF A -0.11%
CF B -0.11%
J F -0.11%
WLK D -0.11%
EXPD D -0.11%
FIX A -0.11%
SMCI F -0.11%
NI A -0.11%
MANH D -0.11%
CPB D -0.1%
CLH B -0.1%
POOL C -0.1%
SFM A -0.1%
RVTY F -0.1%
ELS C -0.1%
UHS D -0.1%
FFIV B -0.1%
REG B -0.1%
AGR B -0.1%
DLTR F -0.1%
AMH D -0.1%
NDSN B -0.1%
GGG B -0.1%
DOC D -0.1%
THC D -0.1%
EVRG A -0.1%
EWBC A -0.1%
UDR B -0.1%
DT C -0.1%
SAIA B -0.1%
KMX B -0.09%
TXRH C -0.09%
JKHY D -0.09%
SOLV C -0.09%
SCI B -0.09%
WPC D -0.09%
BG F -0.09%
PFGC B -0.09%
OVV B -0.09%
OKTA C -0.09%
HST C -0.09%
INSM C -0.09%
LAMR D -0.09%
BXP D -0.09%
CAG D -0.09%
PR B -0.09%
SN D -0.09%
HLI B -0.09%
PAYC B -0.09%
CPT B -0.09%
CW B -0.09%
EPAM C -0.09%
EDR A -0.09%
JBL B -0.09%
DVA B -0.09%
SWKS F -0.09%
MUSA A -0.08%
PCTY B -0.08%
AA B -0.08%
FND C -0.08%
BLD D -0.08%
CUBE D -0.08%
KNSL B -0.08%
ATR B -0.08%
MTZ B -0.08%
PCVX D -0.08%
ACI C -0.08%
GMED A -0.08%
BJ A -0.08%
FHN A -0.08%
LECO B -0.08%
LW C -0.08%
PPC C -0.08%
SF B -0.08%
EVR B -0.08%
JNPR F -0.08%
AFG A -0.08%
RRX B -0.08%
ITT A -0.08%
CHRW C -0.08%
UHAL D -0.08%
ALB C -0.08%
BIO D -0.07%
ITCI C -0.07%
LAD A -0.07%
BRBR A -0.07%
ALSN B -0.07%
RBC A -0.07%
FRT B -0.07%
EHC B -0.07%
PNFP B -0.07%
DOX D -0.07%
AYI B -0.07%
RVMD C -0.07%
AOS F -0.07%
REXR F -0.07%
RGLD C -0.07%
ORI A -0.07%
PRI A -0.07%
PEN B -0.07%
KNTK B -0.07%
WING D -0.07%
WMS D -0.07%
AR B -0.07%
CFLT B -0.07%
DTM B -0.07%
UWMC D -0.07%
GNRC B -0.07%
AAON B -0.07%
WAL B -0.07%
CR A -0.07%
AIT A -0.07%
HLNE B -0.07%
MLI C -0.07%
PCOR B -0.07%
LBRDA C -0.07%
EXP A -0.07%
MKTX D -0.07%
WCC B -0.07%
OHI C -0.07%
PAG B -0.07%
COKE C -0.07%
PNW B -0.07%
GTLB B -0.07%
GME C -0.07%
WBS A -0.07%
TTEK F -0.07%
BWXT B -0.07%
WTRG B -0.07%
CCK C -0.07%
APG B -0.07%
TREX C -0.06%
NNN D -0.06%
ONTO D -0.06%
RLI B -0.06%
BRKR D -0.06%
BERY B -0.06%
OLED D -0.06%
PB A -0.06%
INFA D -0.06%
CHE D -0.06%
TTC D -0.06%
RRC B -0.06%
SSB B -0.06%
APPF B -0.06%
MHK D -0.06%
OGE B -0.06%
CHRD D -0.06%
EGP F -0.06%
APA D -0.06%
AUR C -0.06%
FYBR D -0.06%
DINO D -0.06%
HESM B -0.06%
HQY B -0.06%
ENSG D -0.06%
MTSI B -0.06%
AXTA A -0.06%
CRS A -0.06%
PLNT A -0.06%
GPK C -0.06%
SUM B -0.06%
ALTR B -0.06%
WTFC A -0.06%
FLR B -0.06%
ROIV C -0.06%
ZION B -0.06%
DCI B -0.06%
KNX B -0.06%
FBIN D -0.06%
CIEN B -0.06%
FOUR B -0.06%
CFR B -0.06%
BRX A -0.06%
S B -0.06%
ENPH F -0.06%
TPX B -0.06%
ESTC C -0.06%
CNM D -0.06%
SITE D -0.05%
AN C -0.05%
AMKR D -0.05%
COLD D -0.05%
CGNX C -0.05%
MTH D -0.05%
SATS D -0.05%
NUVL D -0.05%
AGCO D -0.05%
WFRD D -0.05%
WSC D -0.05%
GNTX C -0.05%
STAG F -0.05%
SPSC C -0.05%
WTS B -0.05%
CELH F -0.05%
STWD C -0.05%
ATI D -0.05%
NPAB B -0.05%
HCP B -0.05%
PATH C -0.05%
FCN D -0.05%
FR C -0.05%
MTN C -0.05%
MSA D -0.05%
BWA D -0.05%
LSCC D -0.05%
WEX D -0.05%
RHI B -0.05%
AM A -0.05%
DLB B -0.05%
TMHC B -0.05%
JAZZ B -0.05%
KBR F -0.05%
BOKF B -0.05%
MIDD C -0.05%
SSD D -0.05%
GKOS B -0.05%
LPX B -0.05%
MKSI C -0.05%
ADC B -0.05%
VNO B -0.05%
FRPT B -0.05%
AGNC D -0.05%
RGEN D -0.05%
G B -0.05%
KEX C -0.05%
U C -0.05%
UFPI B -0.05%
SAIC F -0.04%
IBP D -0.04%
ESNT D -0.04%
LNTH D -0.04%
TRNO F -0.04%
ARW D -0.04%
VKTX F -0.04%
LSTR D -0.04%
ELAN D -0.04%
BFAM D -0.04%
POST C -0.04%
ACHC F -0.03%
LCID F -0.03%
Compare ETFs