FBUF vs. QARP ETF Comparison
Comparison of Fidelity Dynamic Buffered Equity ETF (FBUF) to Xtrackers Russell 1000 US QARP ETF (QARP)
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
QARP
Xtrackers Russell 1000 US QARP ETF
QARP Description
The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.Grade (RS Rating)
Last Trade
$53.85
Average Daily Volume
3,299
Number of Holdings
*
345
* may have additional holdings in another (foreign) market
Performance
| Period | FBUF | QARP |
|---|---|---|
| 30 Days | 3.10% | 3.81% |
| 60 Days | 4.70% | 3.83% |
| 90 Days | 6.08% | 5.70% |
| 12 Months | 26.96% |
88 Overlapping Holdings
| Symbol | Grade | Weight in FBUF | Weight in QARP | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 7.34% | 4.93% | 4.93% | |
| ABBV | D | 0.91% | 0.02% | 0.02% | |
| ABT | B | 0.63% | 0.22% | 0.22% | |
| ADBE | C | 0.94% | 0.87% | 0.87% | |
| ADP | B | 0.26% | 0.21% | 0.21% | |
| AMAT | F | 0.67% | 0.71% | 0.67% | |
| AMGN | D | 0.25% | 0.03% | 0.03% | |
| AMZN | C | 3.84% | 3.85% | 3.84% | |
| ANET | C | 0.06% | 0.13% | 0.06% | |
| AON | A | 0.12% | 0.34% | 0.12% | |
| BBWI | D | 0.16% | 0.02% | 0.02% | |
| BIIB | F | 0.21% | 0.02% | 0.02% | |
| BMY | B | 0.74% | 0.62% | 0.62% | |
| BRK.A | B | 2.2% | 5.26% | 2.2% | |
| CAH | B | 0.31% | 0.4% | 0.31% | |
| CAT | B | 0.53% | 0.66% | 0.53% | |
| CI | F | 0.63% | 0.55% | 0.55% | |
| CINF | A | 0.07% | 0.09% | 0.07% | |
| CL | D | 0.55% | 0.22% | 0.22% | |
| CLX | B | 0.14% | 0.07% | 0.07% | |
| CMCSA | B | 0.84% | 0.86% | 0.84% | |
| CMG | B | 0.47% | 0.11% | 0.11% | |
| COST | B | 0.3% | 2.35% | 0.3% | |
| CRUS | D | 0.07% | 0.02% | 0.02% | |
| CSCO | B | 0.8% | 1.97% | 0.8% | |
| CSX | B | 0.49% | 0.06% | 0.06% | |
| CTAS | B | 0.65% | 0.08% | 0.08% | |
| CVS | D | 0.23% | 0.19% | 0.19% | |
| CVX | A | 0.02% | 1.54% | 0.02% | |
| DBX | B | 0.52% | 0.04% | 0.04% | |
| DVN | F | 0.52% | 0.16% | 0.16% | |
| EOG | A | 0.48% | 0.51% | 0.48% | |
| EXEL | B | 0.43% | 0.03% | 0.03% | |
| FTNT | C | 0.2% | 0.22% | 0.2% | |
| GAP | C | 0.21% | 0.03% | 0.03% | |
| GILD | C | 0.74% | 0.32% | 0.32% | |
| GOOG | C | 1.89% | 2.15% | 1.89% | |
| GOOGL | C | 2.04% | 2.38% | 2.04% | |
| GRMN | B | 0.44% | 0.15% | 0.15% | |
| HD | A | 1.32% | 1.98% | 1.32% | |
| INCY | C | 0.34% | 0.06% | 0.06% | |
| ITW | B | 0.14% | 0.31% | 0.14% | |
| JNJ | D | 0.73% | 2.35% | 0.73% | |
| KLAC | D | 0.61% | 0.16% | 0.16% | |
| KR | B | 0.12% | 0.29% | 0.12% | |
| LLY | F | 0.76% | 0.03% | 0.03% | |
| LMT | D | 0.71% | 0.71% | 0.71% | |
| LPLA | A | 0.11% | 0.2% | 0.11% | |
| LRCX | F | 0.24% | 0.42% | 0.24% | |
| MA | C | 1.36% | 1.57% | 1.36% | |
| MEDP | D | 0.28% | 0.03% | 0.03% | |
| META | D | 2.89% | 5.09% | 2.89% | |
| MGM | D | 0.23% | 0.05% | 0.05% | |
| MMC | B | 0.53% | 0.56% | 0.53% | |
| MMM | D | 0.19% | 0.11% | 0.11% | |
| MRK | F | 0.96% | 0.32% | 0.32% | |
| MSCI | C | 0.26% | 0.22% | 0.22% | |
| MSFT | F | 5.66% | 2.01% | 2.01% | |
| MU | D | 0.5% | 0.35% | 0.35% | |
| NUE | C | 0.36% | 0.37% | 0.36% | |
| NVDA | C | 7.37% | 0.18% | 0.18% | |
| ORCL | B | 0.04% | 0.05% | 0.04% | |
| OXY | D | 0.15% | 0.06% | 0.06% | |
| PCAR | B | 0.37% | 0.23% | 0.23% | |
| PFE | D | 0.41% | 0.47% | 0.41% | |
| PG | A | 0.8% | 1.38% | 0.8% | |
| PGR | A | 0.67% | 0.06% | 0.06% | |
| PM | B | 0.94% | 0.56% | 0.56% | |
| PSA | D | 0.17% | 0.31% | 0.17% | |
| PYPL | B | 0.72% | 0.34% | 0.34% | |
| QCOM | F | 0.85% | 0.25% | 0.25% | |
| SEIC | B | 0.54% | 0.07% | 0.07% | |
| SPG | B | 0.44% | 0.2% | 0.2% | |
| SPGI | C | 0.21% | 0.07% | 0.07% | |
| T | A | 0.71% | 0.72% | 0.71% | |
| TJX | A | 0.72% | 0.82% | 0.72% | |
| TOL | B | 0.02% | 0.07% | 0.02% | |
| TROW | B | 0.28% | 0.25% | 0.25% | |
| TSLA | B | 1.27% | 0.83% | 0.83% | |
| TT | A | 0.68% | 0.08% | 0.08% | |
| TXT | D | 0.5% | 0.06% | 0.06% | |
| UNH | C | 0.57% | 2.36% | 0.57% | |
| UNP | C | 0.75% | 0.12% | 0.12% | |
| UTHR | C | 0.04% | 0.1% | 0.04% | |
| V | A | 0.65% | 1.84% | 0.65% | |
| VST | B | 0.14% | 0.23% | 0.14% | |
| WMT | A | 0.82% | 3.0% | 0.82% | |
| XOM | B | 1.56% | 3.2% | 1.56% |
FBUF Overweight 67 Positions Relative to QARP
| Symbol | Grade | Weight | |
|---|---|---|---|
| JPM | A | 1.93% | |
| AVGO | D | 1.62% | |
| NFLX | A | 1.28% | |
| BAC | A | 1.18% | |
| CRM | B | 1.16% | |
| NEE | D | 0.82% | |
| SCHW | B | 0.79% | |
| C | A | 0.72% | |
| DIS | B | 0.65% | |
| ECL | D | 0.63% | |
| SQ | B | 0.6% | |
| NOC | D | 0.6% | |
| BDX | F | 0.58% | |
| ZM | B | 0.53% | |
| ZBRA | B | 0.52% | |
| CVNA | B | 0.52% | |
| NOW | A | 0.5% | |
| GE | D | 0.48% | |
| IGT | F | 0.46% | |
| CME | A | 0.44% | |
| MSI | B | 0.43% | |
| AXP | A | 0.43% | |
| WM | A | 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% | |
| RTX | C | 0.28% | |
| TMUS | B | 0.28% | |
| WFC | A | 0.28% | |
| TRV | B | 0.26% | |
| UBER | D | 0.24% | |
| SYK | C | 0.24% | |
| RSG | A | 0.23% | |
| AMT | D | 0.21% | |
| LHX | C | 0.21% | |
| PEP | F | 0.19% | |
| TPH | D | 0.18% | |
| SSNC | B | 0.18% | |
| CACI | D | 0.17% | |
| LNW | D | 0.16% | |
| IDXX | F | 0.15% | |
| GL | B | 0.13% | |
| GEN | B | 0.13% | |
| BK | A | 0.12% | |
| INTU | C | 0.12% | |
| NSC | B | 0.11% | |
| DASH | A | 0.11% | |
| UNM | A | 0.1% | |
| ED | D | 0.1% | |
| AME | A | 0.09% | |
| TWLO | A | 0.09% | |
| NRG | B | 0.09% | |
| DOCU | A | 0.09% | |
| LYFT | C | 0.08% | |
| PLTK | B | 0.07% | |
| QRVO | F | 0.06% | |
| NBIX | C | 0.06% | |
| VEEV | C | 0.04% | |
| TNL | A | 0.04% | |
| PEGA | A | 0.02% |
FBUF Underweight 257 Positions Relative to QARP
| Symbol | Grade | Weight | |
|---|---|---|---|
| MCK | B | -1.18% | |
| ACN | C | -1.17% | |
| BKNG | A | -0.81% | |
| COP | C | -0.78% | |
| LOW | D | -0.77% | |
| VZ | C | -0.67% | |
| MO | A | -0.64% | |
| SBUX | A | -0.51% | |
| ELV | F | -0.46% | |
| LEN | D | -0.4% | |
| COR | B | -0.4% | |
| UPS | C | -0.4% | |
| MCD | D | -0.38% | |
| ORLY | B | -0.37% | |
| TXN | C | -0.36% | |
| SYY | B | -0.33% | |
| FDX | B | -0.33% | |
| MCO | B | -0.33% | |
| AZO | C | -0.33% | |
| TGT | F | -0.32% | |
| HUM | C | -0.32% | |
| NKE | D | -0.31% | |
| DHI | D | -0.31% | |
| CTSH | B | -0.29% | |
| GWW | B | -0.28% | |
| ADM | D | -0.27% | |
| MPC | D | -0.26% | |
| HCA | F | -0.26% | |
| CMI | A | -0.26% | |
| STLD | B | -0.25% | |
| REGN | F | -0.25% | |
| DE | A | -0.25% | |
| ROST | C | -0.25% | |
| CNC | D | -0.24% | |
| GM | B | -0.24% | |
| NVR | D | -0.23% | |
| ACGL | D | -0.23% | |
| ABNB | C | -0.23% | |
| FAST | B | -0.22% | |
| DAL | C | -0.22% | |
| BBY | D | -0.22% | |
| URI | B | -0.22% | |
| GEV | B | -0.21% | |
| PHM | D | -0.21% | |
| WSM | B | -0.21% | |
| KVUE | A | -0.21% | |
| EA | A | -0.21% | |
| VRTX | F | -0.2% | |
| FANG | D | -0.19% | |
| PAYX | C | -0.19% | |
| ISRG | A | -0.18% | |
| VLO | C | -0.18% | |
| ODFL | B | -0.18% | |
| EXPE | B | -0.17% | |
| RS | B | -0.17% | |
| LULU | C | -0.17% | |
| KMB | D | -0.16% | |
| EME | C | -0.16% | |
| BLDR | D | -0.16% | |
| COF | B | -0.16% | |
| FCNCA | A | -0.15% | |
| TSCO | D | -0.15% | |
| SYF | B | -0.14% | |
| ULTA | F | -0.14% | |
| GEHC | F | -0.14% | |
| SLB | C | -0.14% | |
| MNST | C | -0.14% | |
| DRI | B | -0.13% | |
| CASY | A | -0.13% | |
| DECK | A | -0.13% | |
| OC | A | -0.13% | |
| EXPD | D | -0.13% | |
| CF | B | -0.13% | |
| CHTR | C | -0.13% | |
| CTRA | B | -0.12% | |
| TPR | B | -0.12% | |
| PSX | C | -0.12% | |
| MAR | B | -0.12% | |
| SNA | A | -0.12% | |
| KEYS | A | -0.12% | |
| BJ | A | -0.11% | |
| UAL | A | -0.11% | |
| MTG | C | -0.11% | |
| EVR | B | -0.11% | |
| MRO | B | -0.11% | |
| CPNG | D | -0.1% | |
| FDS | B | -0.1% | |
| BKR | B | -0.1% | |
| SOLV | C | -0.1% | |
| LUV | C | -0.1% | |
| GIS | D | -0.09% | |
| EBAY | D | -0.09% | |
| MTD | D | -0.09% | |
| LYV | A | -0.09% | |
| LYB | F | -0.09% | |
| DKS | C | -0.09% | |
| A | D | -0.09% | |
| AMG | B | -0.09% | |
| ROK | B | -0.09% | |
| CBRE | B | -0.09% | |
| ATO | A | -0.08% | |
| VICI | C | -0.08% | |
| CBOE | B | -0.08% | |
| LNG | B | -0.08% | |
| FICO | B | -0.08% | |
| SWKS | F | -0.08% | |
| HRB | D | -0.08% | |
| WY | D | -0.08% | |
| WSO | A | -0.08% | |
| INTC | D | -0.08% | |
| WST | C | -0.08% | |
| PFGC | B | -0.08% | |
| HPQ | B | -0.08% | |
| HSY | F | -0.08% | |
| ADI | D | -0.08% | |
| DOX | D | -0.07% | |
| DOW | F | -0.07% | |
| NTAP | C | -0.07% | |
| DLTR | F | -0.07% | |
| GPC | D | -0.07% | |
| CPRT | A | -0.07% | |
| GGG | B | -0.07% | |
| RHI | B | -0.07% | |
| LH | C | -0.07% | |
| AMD | F | -0.07% | |
| MAS | D | -0.07% | |
| AYI | B | -0.07% | |
| RNR | C | -0.06% | |
| ACI | C | -0.06% | |
| EXP | A | -0.06% | |
| AGCO | D | -0.06% | |
| EG | C | -0.06% | |
| TXRH | C | -0.06% | |
| SKX | D | -0.06% | |
| MOH | F | -0.06% | |
| K | A | -0.06% | |
| EW | C | -0.06% | |
| PWR | A | -0.06% | |
| FFIV | B | -0.06% | |
| PKG | A | -0.06% | |
| JBL | B | -0.06% | |
| VRSN | F | -0.06% | |
| COIN | C | -0.06% | |
| BWA | D | -0.06% | |
| AOS | F | -0.06% | |
| POOL | C | -0.06% | |
| BX | A | -0.06% | |
| CHRW | C | -0.06% | |
| HAL | C | -0.06% | |
| ADSK | A | -0.06% | |
| ALK | C | -0.05% | |
| LVS | C | -0.05% | |
| BLD | D | -0.05% | |
| MRNA | F | -0.05% | |
| IP | B | -0.05% | |
| JKHY | D | -0.05% | |
| APTV | D | -0.05% | |
| LSTR | D | -0.05% | |
| JBHT | C | -0.05% | |
| CCL | B | -0.05% | |
| CSL | C | -0.05% | |
| UHS | D | -0.05% | |
| ITT | A | -0.05% | |
| ALGN | D | -0.05% | |
| FIX | A | -0.05% | |
| SAIA | B | -0.05% | |
| CLF | F | -0.05% | |
| RL | B | -0.05% | |
| MKTX | D | -0.05% | |
| YUM | B | -0.05% | |
| MUSA | A | -0.05% | |
| OSK | B | -0.04% | |
| NYT | C | -0.04% | |
| MCHP | D | -0.04% | |
| X | C | -0.04% | |
| AAL | B | -0.04% | |
| ACM | A | -0.04% | |
| CHE | D | -0.04% | |
| ROL | B | -0.04% | |
| FCX | D | -0.04% | |
| USFD | A | -0.04% | |
| KNSL | B | -0.04% | |
| LPX | B | -0.04% | |
| ARMK | B | -0.04% | |
| WYNN | D | -0.04% | |
| ALSN | B | -0.04% | |
| LEA | D | -0.04% | |
| TSN | B | -0.04% | |
| CNP | B | -0.04% | |
| PAYC | B | -0.04% | |
| GNTX | C | -0.04% | |
| COKE | C | -0.04% | |
| EPAM | C | -0.04% | |
| LECO | B | -0.04% | |
| CNM | D | -0.04% | |
| MOS | F | -0.04% | |
| BURL | A | -0.04% | |
| FND | C | -0.04% | |
| CHRD | D | -0.04% | |
| ON | D | -0.04% | |
| INGR | B | -0.04% | |
| DCI | B | -0.04% | |
| WBD | C | -0.04% | |
| HOLX | D | -0.04% | |
| HLI | B | -0.04% | |
| OTIS | C | -0.04% | |
| OLN | D | -0.03% | |
| WAT | B | -0.03% | |
| SJM | D | -0.03% | |
| PINC | B | -0.03% | |
| MTZ | B | -0.03% | |
| FCN | D | -0.03% | |
| RLI | B | -0.03% | |
| G | B | -0.03% | |
| MSM | C | -0.03% | |
| WTW | B | -0.03% | |
| PVH | C | -0.03% | |
| GLPI | C | -0.03% | |
| KNX | B | -0.03% | |
| THO | B | -0.03% | |
| VVV | F | -0.03% | |
| TER | D | -0.03% | |
| RPRX | D | -0.03% | |
| DPZ | C | -0.03% | |
| LOPE | B | -0.03% | |
| OVV | B | -0.03% | |
| JHG | A | -0.03% | |
| DGX | A | -0.03% | |
| FOXA | B | -0.03% | |
| HST | C | -0.03% | |
| LAMR | D | -0.03% | |
| JNPR | F | -0.03% | |
| TAP | C | -0.03% | |
| J | F | -0.03% | |
| AMCR | D | -0.03% | |
| DINO | D | -0.02% | |
| CDW | F | -0.02% | |
| NEU | C | -0.02% | |
| HII | D | -0.02% | |
| FIVE | F | -0.02% | |
| CDNS | B | -0.02% | |
| CE | F | -0.02% | |
| CPB | D | -0.02% | |
| AR | B | -0.02% | |
| TTEK | F | -0.02% | |
| APA | D | -0.02% | |
| M | D | -0.02% | |
| LKQ | D | -0.02% | |
| DD | D | -0.02% | |
| MHK | D | -0.02% | |
| CTVA | C | -0.02% | |
| EL | F | -0.02% | |
| CROX | D | -0.02% | |
| ALB | C | -0.02% | |
| SSD | D | -0.02% | |
| PII | D | -0.02% | |
| IWB | A | -0.0% |
FBUF: Top Represented Industries & Keywords
Industries:
Software - Application
Drug Manufacturers - Major
Semiconductors
Aerospace & Defense
Apparel Stores
Banks - Global
Biotechnology
Capital Markets
Credit Services
Diversified Industrials
Software - Infrastructure
Telecom Services
Asset Management
Communication Equipment
Diagnostics & Research
Health Care Plans
Household & Personal Products
Insurance - Property & Casualty
Internet Content & Information
Oil & Gas E&P
QARP: Top Represented Industries & Keywords
Industries:
Specialty Retail
Oil & Gas E&P
Semiconductors
Drug Manufacturers - Major
Capital Markets
Diversified Industrials
Restaurants
Biotechnology
Business Services
Engineering & Construction
Health Care Plans
Auto Parts
Building Materials
Diagnostics & Research
Household & Personal Products
Integrated Shipping & Logistics
Software - Application
Software - Infrastructure
Airlines
Apparel Stores
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