FBUF vs. QVML ETF Comparison
Comparison of Fidelity Dynamic Buffered Equity ETF (FBUF) to Invesco S&P 500 QVM Multi-factor ETF (QVML)
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
QVML
Invesco S&P 500 QVM Multi-factor ETF
QVML Description
The investment seeks to track the investment results of the S&P 500 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the âunderlying indexâ). The fund generally will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, which is designed to track the performance of a subset of securities from the S&P 500 ® Index that exhibit the investment style criteria of quality, value and momentum. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.Grade (RS Rating)
Last Trade
$35.16
Average Daily Volume
1,434
Number of Holdings
*
447
* may have additional holdings in another (foreign) market
Performance
| Period | FBUF | QVML |
|---|---|---|
| 30 Days | 3.10% | 2.51% |
| 60 Days | 4.70% | 4.26% |
| 90 Days | 6.08% | 5.72% |
| 12 Months | 32.76% |
113 Overlapping Holdings
| Symbol | Grade | Weight in FBUF | Weight in QVML | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 7.34% | 7.12% | 7.12% | |
| ABBV | D | 0.91% | 0.64% | 0.64% | |
| ABT | B | 0.63% | 0.41% | 0.41% | |
| ADBE | C | 0.94% | 0.49% | 0.49% | |
| ADP | B | 0.26% | 0.26% | 0.26% | |
| ALLE | D | 0.38% | 0.03% | 0.03% | |
| AMAT | F | 0.67% | 0.34% | 0.34% | |
| AME | A | 0.09% | 0.1% | 0.09% | |
| AMZN | C | 3.84% | 3.94% | 3.84% | |
| ANET | C | 0.06% | 0.21% | 0.06% | |
| AON | A | 0.12% | 0.17% | 0.12% | |
| AVGO | D | 1.62% | 1.61% | 1.61% | |
| AXP | A | 0.43% | 0.35% | 0.35% | |
| BAC | A | 1.18% | 0.69% | 0.69% | |
| BDX | F | 0.58% | 0.14% | 0.14% | |
| BK | A | 0.12% | 0.12% | 0.12% | |
| BRK.A | B | 2.2% | 1.87% | 1.87% | |
| C | A | 0.72% | 0.3% | 0.3% | |
| CAH | B | 0.31% | 0.06% | 0.06% | |
| CAT | B | 0.53% | 0.42% | 0.42% | |
| CI | F | 0.63% | 0.2% | 0.2% | |
| CINF | A | 0.07% | 0.05% | 0.05% | |
| CL | D | 0.55% | 0.16% | 0.16% | |
| CMCSA | B | 0.84% | 0.37% | 0.37% | |
| CME | A | 0.44% | 0.17% | 0.17% | |
| CMG | B | 0.47% | 0.17% | 0.17% | |
| COST | B | 0.3% | 0.85% | 0.3% | |
| CRM | B | 1.16% | 0.69% | 0.69% | |
| CSCO | B | 0.8% | 0.51% | 0.51% | |
| CSX | B | 0.49% | 0.15% | 0.15% | |
| CTAS | B | 0.65% | 0.15% | 0.15% | |
| CVS | D | 0.23% | 0.15% | 0.15% | |
| CVX | A | 0.02% | 0.63% | 0.02% | |
| DIS | B | 0.65% | 0.43% | 0.43% | |
| DVN | F | 0.52% | 0.06% | 0.06% | |
| ECL | D | 0.63% | 0.13% | 0.13% | |
| ED | D | 0.1% | 0.07% | 0.07% | |
| EOG | A | 0.48% | 0.18% | 0.18% | |
| F | C | 0.33% | 0.1% | 0.1% | |
| FTNT | C | 0.2% | 0.13% | 0.13% | |
| GE | D | 0.48% | 0.43% | 0.43% | |
| GEN | B | 0.13% | 0.04% | 0.04% | |
| GILD | C | 0.74% | 0.24% | 0.24% | |
| GL | B | 0.13% | 0.02% | 0.02% | |
| GOOG | C | 1.89% | 4.33% | 1.89% | |
| GRMN | B | 0.44% | 0.07% | 0.07% | |
| HD | A | 1.32% | 0.84% | 0.84% | |
| HWM | A | 0.38% | 0.09% | 0.09% | |
| IDXX | F | 0.15% | 0.07% | 0.07% | |
| INCY | C | 0.34% | 0.03% | 0.03% | |
| INTU | C | 0.12% | 0.4% | 0.12% | |
| ITW | B | 0.14% | 0.16% | 0.14% | |
| JNJ | D | 0.73% | 0.77% | 0.73% | |
| JPM | A | 1.93% | 1.59% | 1.59% | |
| KLAC | D | 0.61% | 0.2% | 0.2% | |
| KR | B | 0.12% | 0.09% | 0.09% | |
| LDOS | C | 0.31% | 0.05% | 0.05% | |
| LHX | C | 0.21% | 0.1% | 0.1% | |
| LLY | F | 0.76% | 1.38% | 0.76% | |
| LMT | D | 0.71% | 0.24% | 0.24% | |
| LRCX | F | 0.24% | 0.22% | 0.22% | |
| MA | C | 1.36% | 0.89% | 0.89% | |
| META | D | 2.89% | 2.71% | 2.71% | |
| MGM | D | 0.23% | 0.02% | 0.02% | |
| MMC | B | 0.53% | 0.23% | 0.23% | |
| MMM | D | 0.19% | 0.16% | 0.16% | |
| MRK | F | 0.96% | 0.54% | 0.54% | |
| MSFT | F | 5.66% | 6.58% | 5.66% | |
| MSI | B | 0.43% | 0.18% | 0.18% | |
| MU | D | 0.5% | 0.25% | 0.25% | |
| NEE | D | 0.82% | 0.31% | 0.31% | |
| NFLX | A | 1.28% | 0.78% | 0.78% | |
| NOC | D | 0.6% | 0.15% | 0.15% | |
| NOW | A | 0.5% | 0.44% | 0.44% | |
| NRG | B | 0.09% | 0.04% | 0.04% | |
| NSC | B | 0.11% | 0.13% | 0.11% | |
| NUE | C | 0.36% | 0.08% | 0.08% | |
| NVDA | C | 7.37% | 7.76% | 7.37% | |
| OXY | D | 0.15% | 0.08% | 0.08% | |
| PCAR | B | 0.37% | 0.13% | 0.13% | |
| PEP | F | 0.19% | 0.47% | 0.19% | |
| PG | A | 0.8% | 0.82% | 0.8% | |
| PGR | A | 0.67% | 0.32% | 0.32% | |
| PM | B | 0.94% | 0.41% | 0.41% | |
| PPG | F | 0.34% | 0.06% | 0.06% | |
| PSA | D | 0.17% | 0.11% | 0.11% | |
| PYPL | B | 0.72% | 0.2% | 0.2% | |
| QCOM | F | 0.85% | 0.41% | 0.41% | |
| QRVO | F | 0.06% | 0.01% | 0.01% | |
| RSG | A | 0.23% | 0.09% | 0.09% | |
| RTX | C | 0.28% | 0.34% | 0.28% | |
| SCHW | B | 0.79% | 0.26% | 0.26% | |
| SPG | B | 0.44% | 0.13% | 0.13% | |
| SPGI | C | 0.21% | 0.34% | 0.21% | |
| SYK | C | 0.24% | 0.27% | 0.24% | |
| T | A | 0.71% | 0.31% | 0.31% | |
| TJX | A | 0.72% | 0.28% | 0.28% | |
| TMO | F | 0.38% | 0.43% | 0.38% | |
| TMUS | B | 0.28% | 0.26% | 0.26% | |
| TROW | B | 0.28% | 0.06% | 0.06% | |
| TRV | B | 0.26% | 0.12% | 0.12% | |
| TT | A | 0.68% | 0.2% | 0.2% | |
| TXT | D | 0.5% | 0.04% | 0.04% | |
| UBER | D | 0.24% | 0.33% | 0.24% | |
| UNH | C | 0.57% | 1.15% | 0.57% | |
| UNP | C | 0.75% | 0.31% | 0.31% | |
| V | A | 0.65% | 0.99% | 0.65% | |
| VST | B | 0.14% | 0.1% | 0.1% | |
| WFC | A | 0.28% | 0.58% | 0.28% | |
| WM | A | 0.41% | 0.17% | 0.17% | |
| WMT | A | 0.82% | 0.74% | 0.74% | |
| XOM | B | 1.56% | 1.22% | 1.22% | |
| ZBRA | B | 0.52% | 0.04% | 0.04% |
FBUF Overweight 42 Positions Relative to QVML
| Symbol | Grade | Weight | |
|---|---|---|---|
| GOOGL | C | 2.04% | |
| TSLA | B | 1.27% | |
| BMY | B | 0.74% | |
| SQ | B | 0.6% | |
| SEIC | B | 0.54% | |
| ZM | B | 0.53% | |
| DBX | B | 0.52% | |
| CVNA | B | 0.52% | |
| IGT | F | 0.46% | |
| EXEL | B | 0.43% | |
| PFE | D | 0.41% | |
| ANF | C | 0.35% | |
| TDC | D | 0.35% | |
| ALRM | C | 0.34% | |
| SKYW | B | 0.31% | |
| MEDP | D | 0.28% | |
| MSCI | C | 0.26% | |
| AMGN | D | 0.25% | |
| AMT | D | 0.21% | |
| GAP | C | 0.21% | |
| BIIB | F | 0.21% | |
| TPH | D | 0.18% | |
| SSNC | B | 0.18% | |
| CACI | D | 0.17% | |
| LNW | D | 0.16% | |
| BBWI | D | 0.16% | |
| CLX | B | 0.14% | |
| DASH | A | 0.11% | |
| LPLA | A | 0.11% | |
| UNM | A | 0.1% | |
| TWLO | A | 0.09% | |
| DOCU | A | 0.09% | |
| LYFT | C | 0.08% | |
| PLTK | B | 0.07% | |
| CRUS | D | 0.07% | |
| NBIX | C | 0.06% | |
| ORCL | B | 0.04% | |
| VEEV | C | 0.04% | |
| TNL | A | 0.04% | |
| UTHR | C | 0.04% | |
| TOL | B | 0.02% | |
| PEGA | A | 0.02% |
FBUF Underweight 334 Positions Relative to QVML
| Symbol | Grade | Weight | |
|---|---|---|---|
| KO | D | -0.52% | |
| ACN | C | -0.47% | |
| AMD | F | -0.47% | |
| LIN | D | -0.47% | |
| GS | A | -0.43% | |
| TXN | C | -0.42% | |
| ISRG | A | -0.4% | |
| IBM | C | -0.39% | |
| MS | A | -0.37% | |
| BKNG | A | -0.36% | |
| VZ | C | -0.34% | |
| DHR | F | -0.33% | |
| BLK | C | -0.32% | |
| HON | B | -0.32% | |
| COP | C | -0.31% | |
| ETN | A | -0.31% | |
| PANW | C | -0.28% | |
| BSX | B | -0.27% | |
| BX | A | -0.27% | |
| VRTX | F | -0.27% | |
| FI | A | -0.26% | |
| CB | C | -0.25% | |
| INTC | D | -0.25% | |
| MDT | D | -0.24% | |
| ADI | D | -0.23% | |
| PLD | D | -0.22% | |
| KKR | A | -0.22% | |
| DE | A | -0.21% | |
| APH | A | -0.2% | |
| MO | A | -0.2% | |
| UPS | C | -0.2% | |
| ELV | F | -0.2% | |
| NKE | D | -0.2% | |
| SHW | A | -0.19% | |
| SNPS | B | -0.19% | |
| ICE | C | -0.19% | |
| SO | D | -0.19% | |
| PH | A | -0.19% | |
| DUK | C | -0.18% | |
| CDNS | B | -0.18% | |
| MDLZ | F | -0.18% | |
| GEV | B | -0.18% | |
| REGN | F | -0.18% | |
| PNC | B | -0.18% | |
| CRWD | B | -0.18% | |
| MCK | B | -0.18% | |
| USB | A | -0.17% | |
| TGT | F | -0.16% | |
| CEG | D | -0.16% | |
| COF | B | -0.16% | |
| WELL | A | -0.16% | |
| ZTS | D | -0.16% | |
| MCO | B | -0.16% | |
| EMR | A | -0.16% | |
| FDX | B | -0.15% | |
| WMB | A | -0.15% | |
| GM | B | -0.15% | |
| OKE | A | -0.14% | |
| ADSK | A | -0.14% | |
| TFC | A | -0.14% | |
| GD | F | -0.14% | |
| FCX | D | -0.14% | |
| HCA | F | -0.14% | |
| SLB | C | -0.14% | |
| URI | B | -0.13% | |
| ABNB | C | -0.13% | |
| ROP | B | -0.13% | |
| PSX | C | -0.13% | |
| CARR | D | -0.13% | |
| MPC | D | -0.13% | |
| NXPI | D | -0.13% | |
| AJG | B | -0.13% | |
| AZO | C | -0.12% | |
| DLR | B | -0.12% | |
| RCL | A | -0.12% | |
| AMP | A | -0.12% | |
| SRE | A | -0.12% | |
| AFL | B | -0.12% | |
| JCI | C | -0.12% | |
| VLO | C | -0.11% | |
| MET | A | -0.11% | |
| GWW | B | -0.11% | |
| ALL | A | -0.11% | |
| CMI | A | -0.11% | |
| CPRT | A | -0.11% | |
| KMI | A | -0.11% | |
| AIG | B | -0.11% | |
| D | C | -0.1% | |
| BKR | B | -0.1% | |
| PAYX | C | -0.1% | |
| FAST | B | -0.1% | |
| DFS | B | -0.1% | |
| ROST | C | -0.1% | |
| PRU | A | -0.1% | |
| AEP | D | -0.1% | |
| O | D | -0.1% | |
| FIS | C | -0.1% | |
| DHI | D | -0.1% | |
| PWR | A | -0.1% | |
| ODFL | B | -0.09% | |
| EW | C | -0.09% | |
| COR | B | -0.09% | |
| CTSH | B | -0.09% | |
| CHTR | C | -0.09% | |
| VRSK | A | -0.09% | |
| IT | C | -0.09% | |
| CTVA | C | -0.09% | |
| EA | A | -0.09% | |
| IR | B | -0.09% | |
| PEG | A | -0.09% | |
| LEN | D | -0.09% | |
| KVUE | A | -0.09% | |
| TRGP | B | -0.09% | |
| AXON | A | -0.09% | |
| HES | B | -0.09% | |
| KMB | D | -0.09% | |
| PCG | A | -0.09% | |
| WAB | B | -0.08% | |
| GIS | D | -0.08% | |
| GLW | B | -0.08% | |
| DD | D | -0.08% | |
| XEL | A | -0.08% | |
| HUM | C | -0.08% | |
| EXC | C | -0.08% | |
| MTB | A | -0.08% | |
| MCHP | D | -0.08% | |
| MNST | C | -0.08% | |
| STZ | D | -0.08% | |
| FANG | D | -0.08% | |
| MLM | B | -0.08% | |
| SYY | B | -0.08% | |
| LULU | C | -0.08% | |
| ACGL | D | -0.08% | |
| IQV | D | -0.08% | |
| CBRE | B | -0.08% | |
| A | D | -0.08% | |
| VMC | B | -0.08% | |
| DAL | C | -0.08% | |
| ETR | B | -0.07% | |
| XYL | D | -0.07% | |
| AVB | B | -0.07% | |
| ON | D | -0.07% | |
| NDAQ | A | -0.07% | |
| VICI | C | -0.07% | |
| EIX | B | -0.07% | |
| HPE | B | -0.07% | |
| WTW | B | -0.07% | |
| RMD | C | -0.07% | |
| DOW | F | -0.07% | |
| EFX | F | -0.07% | |
| FITB | A | -0.07% | |
| CNC | D | -0.07% | |
| HPQ | B | -0.07% | |
| GEHC | F | -0.07% | |
| ROK | B | -0.07% | |
| KDP | D | -0.07% | |
| EXR | D | -0.07% | |
| HIG | B | -0.07% | |
| TYL | B | -0.06% | |
| HBAN | A | -0.06% | |
| ADM | D | -0.06% | |
| CPAY | A | -0.06% | |
| BRO | B | -0.06% | |
| BR | A | -0.06% | |
| UAL | A | -0.06% | |
| PHM | D | -0.06% | |
| FTV | C | -0.06% | |
| KEYS | A | -0.06% | |
| DOV | A | -0.06% | |
| SW | A | -0.06% | |
| SYF | B | -0.06% | |
| DECK | A | -0.06% | |
| GDDY | A | -0.06% | |
| TSCO | D | -0.06% | |
| MPWR | F | -0.06% | |
| HAL | C | -0.06% | |
| WEC | A | -0.06% | |
| CSGP | D | -0.06% | |
| NVR | D | -0.06% | |
| STT | A | -0.06% | |
| ANSS | B | -0.06% | |
| GPN | B | -0.06% | |
| TTWO | A | -0.06% | |
| EBAY | D | -0.06% | |
| RJF | A | -0.06% | |
| LH | C | -0.05% | |
| K | A | -0.05% | |
| PKG | A | -0.05% | |
| ES | D | -0.05% | |
| STE | F | -0.05% | |
| WY | D | -0.05% | |
| LYB | F | -0.05% | |
| STLD | B | -0.05% | |
| BLDR | D | -0.05% | |
| NTRS | A | -0.05% | |
| TDY | B | -0.05% | |
| CFG | B | -0.05% | |
| IFF | D | -0.05% | |
| VLTO | D | -0.05% | |
| AEE | A | -0.05% | |
| WAT | B | -0.05% | |
| HUBB | B | -0.05% | |
| PTC | A | -0.05% | |
| VTR | C | -0.05% | |
| PPL | B | -0.05% | |
| CCL | B | -0.05% | |
| ZBH | C | -0.05% | |
| EQR | B | -0.05% | |
| EXPE | B | -0.05% | |
| DTE | C | -0.05% | |
| WBD | C | -0.05% | |
| AWK | D | -0.05% | |
| NTAP | C | -0.05% | |
| KHC | F | -0.05% | |
| CDW | F | -0.05% | |
| WST | C | -0.05% | |
| RF | A | -0.05% | |
| HSY | F | -0.05% | |
| EQT | B | -0.05% | |
| CHD | B | -0.05% | |
| EG | C | -0.04% | |
| CF | B | -0.04% | |
| ARE | D | -0.04% | |
| TER | D | -0.04% | |
| EXPD | D | -0.04% | |
| DLTR | F | -0.04% | |
| ULTA | F | -0.04% | |
| DG | F | -0.04% | |
| FOXA | B | -0.04% | |
| PNR | A | -0.04% | |
| MAS | D | -0.04% | |
| DGX | A | -0.04% | |
| MRO | B | -0.04% | |
| MAA | B | -0.04% | |
| BBY | D | -0.04% | |
| MOH | F | -0.04% | |
| MKC | D | -0.04% | |
| IEX | B | -0.04% | |
| GPC | D | -0.04% | |
| HOLX | D | -0.04% | |
| FDS | B | -0.04% | |
| J | F | -0.04% | |
| CNP | B | -0.04% | |
| BALL | D | -0.04% | |
| WRB | A | -0.04% | |
| TSN | B | -0.04% | |
| PFG | D | -0.04% | |
| ESS | B | -0.04% | |
| KEY | B | -0.04% | |
| SNA | A | -0.04% | |
| LUV | C | -0.04% | |
| CMS | C | -0.04% | |
| INVH | D | -0.04% | |
| FSLR | F | -0.04% | |
| CTRA | B | -0.04% | |
| DRI | B | -0.04% | |
| IP | B | -0.04% | |
| CBOE | B | -0.04% | |
| FE | C | -0.04% | |
| OMC | C | -0.04% | |
| WDC | D | -0.04% | |
| ATO | A | -0.04% | |
| DAY | B | -0.03% | |
| AIZ | A | -0.03% | |
| GNRC | B | -0.03% | |
| REG | B | -0.03% | |
| EMN | D | -0.03% | |
| JKHY | D | -0.03% | |
| UHS | D | -0.03% | |
| JNPR | F | -0.03% | |
| MRNA | F | -0.03% | |
| HST | C | -0.03% | |
| CAG | D | -0.03% | |
| TPR | B | -0.03% | |
| UDR | B | -0.03% | |
| BG | F | -0.03% | |
| CPT | B | -0.03% | |
| CHRW | C | -0.03% | |
| KMX | B | -0.03% | |
| SWK | D | -0.03% | |
| POOL | C | -0.03% | |
| EPAM | C | -0.03% | |
| AKAM | D | -0.03% | |
| EVRG | A | -0.03% | |
| ROL | B | -0.03% | |
| FFIV | B | -0.03% | |
| RVTY | F | -0.03% | |
| SWKS | F | -0.03% | |
| DOC | D | -0.03% | |
| LNT | A | -0.03% | |
| JBHT | C | -0.03% | |
| AMCR | D | -0.03% | |
| BAX | D | -0.03% | |
| NWSA | B | -0.03% | |
| L | A | -0.03% | |
| NI | A | -0.03% | |
| VTRS | A | -0.03% | |
| APTV | D | -0.03% | |
| ALGN | D | -0.03% | |
| KIM | A | -0.03% | |
| AVY | D | -0.03% | |
| JBL | B | -0.03% | |
| FMC | D | -0.02% | |
| MHK | D | -0.02% | |
| CE | F | -0.02% | |
| DVA | B | -0.02% | |
| FRT | B | -0.02% | |
| RL | B | -0.02% | |
| HII | D | -0.02% | |
| IVZ | B | -0.02% | |
| CZR | F | -0.02% | |
| BWA | D | -0.02% | |
| CPB | D | -0.02% | |
| SMCI | F | -0.02% | |
| SOLV | C | -0.02% | |
| TFX | F | -0.02% | |
| HSIC | B | -0.02% | |
| AOS | F | -0.02% | |
| HRL | D | -0.02% | |
| MKTX | D | -0.02% | |
| MOS | F | -0.02% | |
| APA | D | -0.02% | |
| CRL | C | -0.02% | |
| PAYC | B | -0.02% | |
| PNW | B | -0.02% | |
| LKQ | D | -0.02% | |
| NCLH | B | -0.02% | |
| BXP | D | -0.02% | |
| TAP | C | -0.02% | |
| LW | C | -0.02% | |
| IPG | D | -0.02% | |
| PARA | C | -0.01% | |
| BEN | C | -0.01% | |
| WBA | F | -0.01% |
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
QVML: Top Represented Industries & Keywords
Industries:
Diversified Industrials
Software - Application
Utilities - Regulated Electric
Semiconductors
Business Services
Asset Management
Diagnostics & Research
Oil & Gas E&P
Banks - Regional - US
Capital Markets
Medical Instruments & Supplies
Packaged Foods
Aerospace & Defense
Credit Services
Health Care Plans
Information Technology Services
Insurance - Property & Casualty
Medical Devices
REIT - Residential
Specialty Retail
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