FBUF vs. USPX ETF Comparison

Comparison of Fidelity Dynamic Buffered Equity ETF (FBUF) to Franklin U.S. Equity Index ETF (USPX)
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
USPX

Franklin U.S. Equity Index ETF

USPX Description The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ Global Equity Index. The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index includes stocks from developed and emerging market countries that have favorable exposure to multiple investment style factors.

Grade (RS Rating)

Last Trade

$52.38

Average Daily Volume

42,046

Number of Holdings *

543

* may have additional holdings in another (foreign) market
Performance
Period FBUF USPX
30 Days 3.10% 3.77%
60 Days 4.70% 5.00%
90 Days 6.08% 6.73%
12 Months 33.32%
131 Overlapping Holdings
Symbol Grade Weight in FBUF Weight in USPX Overlap
AAPL C 7.34% 6.32% 6.32%
ABBV D 0.91% 0.57% 0.57%
ABT B 0.63% 0.39% 0.39%
ADBE C 0.94% 0.43% 0.43%
ADP B 0.26% 0.24% 0.24%
ALLE D 0.38% 0.02% 0.02%
AMAT F 0.67% 0.28% 0.28%
AME A 0.09% 0.09% 0.09%
AMGN D 0.25% 0.3% 0.25%
AMT D 0.21% 0.18% 0.18%
AMZN C 3.84% 3.77% 3.77%
ANET C 0.06% 0.19% 0.06%
AON A 0.12% 0.16% 0.12%
AVGO D 1.62% 1.48% 1.48%
AXP A 0.43% 0.31% 0.31%
BAC A 1.18% 0.62% 0.62%
BDX F 0.58% 0.13% 0.13%
BIIB F 0.21% 0.04% 0.04%
BK A 0.12% 0.12% 0.12%
BMY B 0.74% 0.23% 0.23%
BRK.A B 2.2% 1.67% 1.67%
C A 0.72% 0.25% 0.25%
CAH B 0.31% 0.06% 0.06%
CAT B 0.53% 0.37% 0.37%
CI F 0.63% 0.18% 0.18%
CINF A 0.07% 0.05% 0.05%
CL D 0.55% 0.15% 0.15%
CLX B 0.14% 0.04% 0.04%
CMCSA B 0.84% 0.33% 0.33%
CME A 0.44% 0.16% 0.16%
CMG B 0.47% 0.16% 0.16%
COST B 0.3% 0.79% 0.3%
CRM B 1.16% 0.59% 0.59%
CSCO B 0.8% 0.45% 0.45%
CSX B 0.49% 0.13% 0.13%
CTAS B 0.65% 0.15% 0.15%
CVS D 0.23% 0.13% 0.13%
CVX A 0.02% 0.53% 0.02%
DASH A 0.11% 0.11% 0.11%
DIS B 0.65% 0.41% 0.41%
DOCU A 0.09% 0.03% 0.03%
DVN F 0.52% 0.05% 0.05%
ECL D 0.63% 0.12% 0.12%
ED D 0.1% 0.06% 0.06%
EOG A 0.48% 0.15% 0.15%
F C 0.33% 0.08% 0.08%
FTNT C 0.2% 0.12% 0.12%
GE D 0.48% 0.38% 0.38%
GEN B 0.13% 0.03% 0.03%
GILD C 0.74% 0.22% 0.22%
GOOG C 1.89% 1.77% 1.77%
GOOGL C 2.04% 1.98% 1.98%
GRMN B 0.44% 0.06% 0.06%
HD A 1.32% 0.79% 0.79%
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% 0.37% 0.12%
ITW B 0.14% 0.16% 0.14%
JNJ D 0.73% 0.73% 0.73%
JPM A 1.93% 1.36% 1.36%
KLAC D 0.61% 0.17% 0.17%
KR B 0.12% 0.08% 0.08%
LDOS C 0.31% 0.04% 0.04%
LHX C 0.21% 0.1% 0.1%
LLY F 0.76% 1.24% 0.76%
LMT D 0.71% 0.23% 0.23%
LPLA A 0.11% 0.05% 0.05%
LRCX F 0.24% 0.18% 0.18%
MA C 1.36% 0.83% 0.83%
META D 2.89% 2.37% 2.37%
MGM D 0.23% 0.02% 0.02%
MMC B 0.53% 0.22% 0.22%
MMM D 0.19% 0.14% 0.14%
MRK F 0.96% 0.48% 0.48%
MSCI C 0.26% 0.09% 0.09%
MSFT F 5.66% 6.06% 5.66%
MSI B 0.43% 0.15% 0.15%
MU D 0.5% 0.21% 0.21%
NBIX C 0.06% 0.02% 0.02%
NEE D 0.82% 0.31% 0.31%
NFLX A 1.28% 0.71% 0.71%
NOC D 0.6% 0.13% 0.13%
NOW A 0.5% 0.39% 0.39%
NRG B 0.09% 0.04% 0.04%
NSC B 0.11% 0.11% 0.11%
NUE C 0.36% 0.07% 0.07%
NVDA C 7.37% 6.61% 6.61%
ORCL B 0.04% 0.58% 0.04%
OXY D 0.15% 0.06% 0.06%
PCAR B 0.37% 0.11% 0.11%
PEP F 0.19% 0.43% 0.19%
PFE D 0.41% 0.28% 0.28%
PG A 0.8% 0.79% 0.79%
PGR A 0.67% 0.29% 0.29%
PM B 0.94% 0.39% 0.39%
PPG F 0.34% 0.06% 0.06%
PSA D 0.17% 0.1% 0.1%
PYPL B 0.72% 0.18% 0.18%
QCOM F 0.85% 0.35% 0.35%
QRVO F 0.06% 0.01% 0.01%
RSG A 0.23% 0.08% 0.08%
RTX C 0.28% 0.31% 0.28%
SCHW B 0.79% 0.23% 0.23%
SPG B 0.44% 0.11% 0.11%
SPGI C 0.21% 0.31% 0.21%
SQ B 0.6% 0.09% 0.09%
SSNC B 0.18% 0.03% 0.03%
SYK C 0.24% 0.27% 0.24%
T A 0.71% 0.32% 0.32%
TJX A 0.72% 0.27% 0.27%
TMO F 0.38% 0.38% 0.38%
TMUS B 0.28% 0.23% 0.23%
TROW B 0.28% 0.05% 0.05%
TRV B 0.26% 0.11% 0.11%
TSLA B 1.27% 1.75% 1.27%
TT A 0.68% 0.17% 0.17%
TWLO A 0.09% 0.03% 0.03%
TXT D 0.5% 0.03% 0.03%
UBER D 0.24% 0.29% 0.24%
UNH C 0.57% 1.07% 0.57%
UNP C 0.75% 0.28% 0.28%
V A 0.65% 1.01% 0.65%
VEEV C 0.04% 0.06% 0.04%
VST B 0.14% 0.09% 0.09%
WFC A 0.28% 0.5% 0.28%
WM A 0.41% 0.15% 0.15%
WMT A 0.82% 0.72% 0.72%
XOM B 1.56% 1.04% 1.04%
ZBRA B 0.52% 0.05% 0.05%
ZM B 0.53% 0.04% 0.04%
FBUF Overweight 24 Positions Relative to USPX
Symbol Grade Weight
SEIC B 0.54%
DBX B 0.52%
CVNA B 0.52%
IGT F 0.46%
EXEL B 0.43%
ANF C 0.35%
TDC D 0.35%
ALRM C 0.34%
SKYW B 0.31%
MEDP D 0.28%
GAP C 0.21%
TPH D 0.18%
CACI D 0.17%
LNW D 0.16%
BBWI D 0.16%
GL B 0.13%
UNM A 0.1%
LYFT C 0.08%
PLTK B 0.07%
CRUS D 0.07%
TNL A 0.04%
UTHR C 0.04%
TOL B 0.02%
PEGA A 0.02%
FBUF Underweight 412 Positions Relative to USPX
Symbol Grade Weight
KO D -0.47%
ACN C -0.44%
AMD F -0.43%
LIN D -0.42%
MCD D -0.41%
GS A -0.38%
IBM C -0.37%
ISRG A -0.37%
TXN C -0.36%
VZ C -0.35%
BKNG A -0.33%
MS A -0.33%
BLK C -0.31%
LOW D -0.3%
DHR F -0.29%
HON B -0.29%
ETN A -0.28%
PLTR B -0.26%
COP C -0.26%
BSX B -0.25%
BX A -0.25%
VRTX F -0.24%
FI A -0.24%
PANW C -0.24%
SBUX A -0.22%
MDT D -0.22%
PLD D -0.21%
CB C -0.21%
ADI D -0.2%
DE A -0.2%
BA F -0.2%
INTC D -0.2%
SO D -0.19%
MO A -0.19%
KKR A -0.19%
UPS C -0.19%
ICE C -0.18%
NKE D -0.18%
SHW A -0.18%
GEV B -0.18%
ELV F -0.18%
MELI D -0.18%
MCK B -0.17%
PH A -0.17%
DUK C -0.17%
MDLZ F -0.17%
EQIX A -0.17%
ZTS D -0.16%
REGN F -0.16%
CRWD B -0.16%
CDNS B -0.16%
PNC B -0.16%
SNPS B -0.16%
WELL A -0.16%
APH A -0.16%
MRVL B -0.15%
MCO B -0.15%
USB A -0.15%
APD A -0.14%
TGT F -0.14%
COF B -0.14%
TDG D -0.14%
EMR A -0.14%
CEG D -0.14%
ORLY B -0.14%
FDX B -0.13%
AJG B -0.13%
APO B -0.13%
ADSK A -0.13%
MAR B -0.13%
WMB A -0.13%
GD F -0.13%
HLT A -0.12%
COIN C -0.12%
FCX D -0.12%
HCA F -0.12%
SLB C -0.12%
TFC A -0.12%
CARR D -0.12%
OKE A -0.12%
GM B -0.12%
KMI A -0.11%
TTD B -0.11%
ROP B -0.11%
PSX C -0.11%
RCL A -0.11%
ABNB C -0.11%
JCI C -0.11%
AMP A -0.11%
FICO B -0.11%
NXPI D -0.11%
URI B -0.11%
WDAY B -0.11%
DLR B -0.11%
AFL B -0.11%
SRE A -0.11%
FIS C -0.1%
O D -0.1%
CPRT A -0.1%
MET A -0.1%
CMI A -0.1%
ALL A -0.1%
AIG B -0.1%
AEP D -0.1%
AZO C -0.1%
MPC D -0.1%
BKR B -0.09%
PEG A -0.09%
VLO C -0.09%
PCG A -0.09%
PWR A -0.09%
KMB D -0.09%
CCI D -0.09%
PAYX C -0.09%
DFS B -0.09%
PRU A -0.09%
LNG B -0.09%
GWW B -0.09%
FAST B -0.09%
NEM D -0.09%
ROST C -0.09%
AXON A -0.09%
D C -0.09%
DHI D -0.09%
CTSH B -0.08%
ACGL D -0.08%
EA A -0.08%
XEL A -0.08%
CHTR C -0.08%
CBRE B -0.08%
VMC B -0.08%
EXC C -0.08%
VRSK A -0.08%
OTIS C -0.08%
CTVA C -0.08%
SNOW C -0.08%
LEN D -0.08%
EW C -0.08%
HES B -0.08%
IR B -0.08%
KVUE A -0.08%
IT C -0.08%
DAL C -0.08%
ODFL B -0.08%
TRGP B -0.08%
COR B -0.08%
VRT B -0.08%
MCHP D -0.07%
DELL C -0.07%
ROK B -0.07%
MTB A -0.07%
DD D -0.07%
IRM D -0.07%
IQV D -0.07%
KDP D -0.07%
MLM B -0.07%
WAB B -0.07%
HIG B -0.07%
EXR D -0.07%
GLW B -0.07%
MNST C -0.07%
GIS D -0.07%
HPQ B -0.07%
YUM B -0.07%
SYY B -0.07%
DDOG A -0.07%
STZ D -0.07%
A D -0.07%
LULU C -0.07%
TEAM A -0.07%
ALNY D -0.06%
PHM D -0.06%
TTWO A -0.06%
ON D -0.06%
CPNG D -0.06%
FCNCA A -0.06%
XYL D -0.06%
EFX F -0.06%
CSGP D -0.06%
ARES A -0.06%
GPN B -0.06%
DXCM D -0.06%
STT A -0.06%
UAL A -0.06%
CNC D -0.06%
WTW B -0.06%
WEC A -0.06%
NDAQ A -0.06%
DOW F -0.06%
FANG D -0.06%
EIX B -0.06%
EBAY D -0.06%
FITB A -0.06%
AVB B -0.06%
RJF A -0.06%
GEHC F -0.06%
ETR B -0.06%
RMD C -0.06%
VICI C -0.06%
HUM C -0.06%
HUBS A -0.06%
ATO A -0.05%
MKL A -0.05%
CCL B -0.05%
NTAP C -0.05%
NTRS A -0.05%
AEE A -0.05%
TYL B -0.05%
HSY F -0.05%
DTE C -0.05%
LII A -0.05%
VLTO D -0.05%
HBAN A -0.05%
EQT B -0.05%
RF A -0.05%
CDW F -0.05%
PPL B -0.05%
EQR B -0.05%
WST C -0.05%
MTD D -0.05%
VTR C -0.05%
GDDY A -0.05%
SW A -0.05%
SYF B -0.05%
CHD B -0.05%
HUBB B -0.05%
RBLX C -0.05%
BRO B -0.05%
ANSS B -0.05%
ADM D -0.05%
HAL C -0.05%
AWK D -0.05%
KEYS A -0.05%
NET B -0.05%
FTV C -0.05%
NVR D -0.05%
MPWR F -0.05%
TPL A -0.05%
BR A -0.05%
HPE B -0.05%
TSCO D -0.05%
DECK A -0.05%
KHC F -0.05%
DOV A -0.05%
TSN B -0.04%
KEY B -0.04%
LYV A -0.04%
ESS B -0.04%
WRB A -0.04%
IEX B -0.04%
TDY B -0.04%
LH C -0.04%
HOLX D -0.04%
PKG A -0.04%
MAA B -0.04%
FSLR F -0.04%
MKC D -0.04%
DGX A -0.04%
FDS B -0.04%
STX D -0.04%
OMC C -0.04%
CTRA B -0.04%
BALL D -0.04%
STLD B -0.04%
LUV C -0.04%
IP B -0.04%
CNP B -0.04%
DRI B -0.04%
WDC D -0.04%
LVS C -0.04%
ZS C -0.04%
INVH D -0.04%
CMS C -0.04%
PFG D -0.04%
PODD C -0.04%
WSO A -0.04%
WBD C -0.04%
K A -0.04%
BLDR D -0.04%
SNA A -0.04%
LYB F -0.04%
WAT B -0.04%
CFG B -0.04%
FE C -0.04%
ILMN D -0.04%
EXPE B -0.04%
CPAY A -0.04%
STE F -0.04%
SBAC D -0.04%
ES D -0.04%
MDB C -0.04%
IFF D -0.04%
ZBH C -0.04%
PTC A -0.04%
WY D -0.04%
RVTY F -0.03%
REG B -0.03%
SWKS F -0.03%
SWK D -0.03%
AVTR F -0.03%
JKHY D -0.03%
RGA A -0.03%
AKAM D -0.03%
EVRG A -0.03%
EPAM C -0.03%
DLTR F -0.03%
FFIV B -0.03%
POOL C -0.03%
EWBC A -0.03%
VRSN F -0.03%
JBHT C -0.03%
ULTA F -0.03%
DT C -0.03%
EG C -0.03%
VTRS A -0.03%
AMCR D -0.03%
ROL B -0.03%
SUI D -0.03%
DOC D -0.03%
L A -0.03%
UDR B -0.03%
EQH B -0.03%
EL F -0.03%
OC A -0.03%
ENTG D -0.03%
CF B -0.03%
FNF B -0.03%
AVY D -0.03%
LNT A -0.03%
MRO B -0.03%
BURL A -0.03%
FLEX A -0.03%
TER D -0.03%
BAX D -0.03%
BBY D -0.03%
DG F -0.03%
HEI B -0.03%
J F -0.03%
NI A -0.03%
EXPD D -0.03%
ARE D -0.03%
KIM A -0.03%
PINS D -0.03%
PNR A -0.03%
TRMB B -0.03%
GPC D -0.03%
DPZ C -0.03%
TRU D -0.03%
MAS D -0.03%
MOH F -0.03%
ALGN D -0.03%
BAH F -0.03%
HII D -0.02%
ACI C -0.02%
SCCO F -0.02%
ENPH F -0.02%
APA D -0.02%
CPB D -0.02%
HRL D -0.02%
PAYC B -0.02%
EXAS D -0.02%
MOS F -0.02%
WYNN D -0.02%
SMCI F -0.02%
CG A -0.02%
RPRX D -0.02%
IPG D -0.02%
AES F -0.02%
DAY B -0.02%
CNH C -0.02%
LW C -0.02%
SJM D -0.02%
LKQ D -0.02%
CCK C -0.02%
TECH D -0.02%
HEI B -0.02%
NWSA B -0.02%
FOXA B -0.02%
AFG A -0.02%
TAP C -0.02%
CRL C -0.02%
HST C -0.02%
SNAP C -0.02%
JNPR F -0.02%
Z A -0.02%
OKTA C -0.02%
CPT B -0.02%
UHS D -0.02%
EMN D -0.02%
WPC D -0.02%
CAG D -0.02%
ALB C -0.02%
KMX B -0.02%
MRNA F -0.02%
BXP D -0.02%
BMRN D -0.02%
BG F -0.02%
APTV D -0.02%
ELS C -0.02%
AGR B -0.01%
NWS B -0.01%
ZG A -0.01%
WLK D -0.01%
U C -0.01%
FOX A -0.01%
BEN C -0.01%
WBA F -0.01%
SIRI C -0.01%
BSY D -0.01%
CRBG B -0.01%
CE F -0.01%
TFX F -0.01%
Compare ETFs