FBUF vs. XTR ETF Comparison

Comparison of Fidelity Dynamic Buffered Equity ETF (FBUF) to Global X S&P 500 Tail Risk ETF (XTR)
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

$27.17

Average Daily Volume

3,409

Number of Holdings *

155

* may have additional holdings in another (foreign) market
XTR

Global X S&P 500 Tail Risk ETF

XTR Description Global X Funds - Global X S&P 500 Tail Risk ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It invests directly and through derivatives such as options in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Cboe S&P 500 Tail Risk Index, by using full replication technique. Global X Funds - Global X S&P 500 Tail Risk ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$32.89

Average Daily Volume

346

Number of Holdings *

497

* may have additional holdings in another (foreign) market
Performance
Period FBUF XTR
30 Days 1.13% 0.27%
60 Days 4.49% 3.75%
90 Days 5.93% 5.26%
12 Months 28.96%
123 Overlapping Holdings
Symbol Grade Weight in FBUF Weight in XTR Overlap
AAPL C 7.13% 6.74% 6.74%
ABBV F 0.93% 0.7% 0.7%
ABT B 0.62% 0.41% 0.41%
ADBE F 0.98% 0.46% 0.46%
ADP B 0.26% 0.25% 0.25%
ALLE D 0.15% 0.01% 0.01%
AMAT F 0.72% 0.32% 0.32%
AME A 0.09% 0.09% 0.09%
AMGN D 0.26% 0.34% 0.26%
AMT D 0.2% 0.19% 0.19%
AMZN B 3.92% 3.86% 3.86%
ANET C 0.07% 0.21% 0.07%
AON A 0.12% 0.17% 0.12%
AVGO C 1.89% 1.66% 1.66%
AXP A 0.43% 0.34% 0.34%
BAC A 1.14% 0.61% 0.61%
BDX F 0.59% 0.14% 0.14%
BIIB F 0.22% 0.05% 0.05%
BK A 0.12% 0.12% 0.12%
BMY B 0.79% 0.23% 0.23%
BRK.A A 2.14% 1.71% 1.71%
C A 0.71% 0.27% 0.27%
CAH B 0.48% 0.06% 0.06%
CAT B 0.53% 0.41% 0.41%
CI D 0.65% 0.18% 0.18%
CINF A 0.07% 0.05% 0.05%
CL D 0.52% 0.15% 0.15%
CLX A 0.13% 0.04% 0.04%
CMCSA B 0.85% 0.35% 0.35%
CME A 0.43% 0.17% 0.17%
CMG B 0.48% 0.15% 0.15%
COST B 0.3% 0.78% 0.3%
CRM A 1.22% 0.59% 0.59%
CSCO B 0.81% 0.46% 0.46%
CSX B 0.59% 0.14% 0.14%
CTAS B 0.67% 0.15% 0.15%
CVS F 0.21% 0.15% 0.15%
CVX A 0.02% 0.53% 0.02%
DIS A 0.35% 0.36% 0.35%
DVN F 0.51% 0.05% 0.05%
ECL D 0.62% 0.13% 0.13%
ED D 0.1% 0.07% 0.07%
EOG A 0.29% 0.14% 0.14%
ETN A 0.16% 0.28% 0.16%
F C 0.32% 0.09% 0.09%
GE D 0.49% 0.39% 0.39%
GEN B 0.14% 0.03% 0.03%
GILD B 0.78% 0.23% 0.23%
GL B 0.13% 0.01% 0.01%
GOOG B 1.93% 1.7% 1.7%
GOOGL B 2.08% 2.06% 2.06%
GRMN B 0.45% 0.06% 0.06%
HD A 1.28% 0.77% 0.77%
HWM A 0.42% 0.1% 0.1%
IDXX F 0.1% 0.06% 0.06%
INCY B 0.35% 0.02% 0.02%
ITW B 0.14% 0.15% 0.14%
JNJ D 0.71% 0.76% 0.71%
JPM A 1.87% 1.4% 1.4%
KLAC F 0.65% 0.18% 0.18%
KR B 0.12% 0.08% 0.08%
LDOS C 0.38% 0.05% 0.05%
LHX B 0.22% 0.1% 0.1%
LLY F 0.85% 1.23% 0.85%
LMT D 0.74% 0.23% 0.23%
LRCX F 0.25% 0.2% 0.2%
MA A 1.36% 0.86% 0.86%
META C 3.01% 2.5% 2.5%
MGM D 0.23% 0.02% 0.02%
MMC C 0.52% 0.22% 0.22%
MMM D 0.19% 0.15% 0.15%
MRK F 0.76% 0.51% 0.51%
MSCI A 0.26% 0.09% 0.09%
MSFT D 5.68% 6.23% 5.68%
MSI A 0.43% 0.16% 0.16%
MU D 0.69% 0.25% 0.25%
NEE C 0.79% 0.31% 0.31%
NFLX A 1.24% 0.67% 0.67%
NOC D 0.65% 0.14% 0.14%
NOW B 0.51% 0.41% 0.41%
NRG B 0.09% 0.04% 0.04%
NSC B 0.09% 0.11% 0.09%
NUE D 0.37% 0.08% 0.08%
NVDA B 7.69% 7.14% 7.14%
ORCL A 0.04% 0.58% 0.04%
OXY F 0.14% 0.07% 0.07%
PCAR B 0.39% 0.11% 0.11%
PEP F 0.19% 0.45% 0.19%
PFE F 0.43% 0.31% 0.31%
PG C 0.77% 0.76% 0.76%
PGR B 0.68% 0.31% 0.31%
PM A 0.87% 0.39% 0.39%
PPG F 0.33% 0.05% 0.05%
PSA C 0.16% 0.1% 0.1%
PYPL A 0.73% 0.17% 0.17%
QCOM F 0.83% 0.38% 0.38%
QRVO F 0.06% 0.01% 0.01%
RSG B 0.23% 0.09% 0.09%
RTX D 0.28% 0.32% 0.28%
SCHW A 0.74% 0.23% 0.23%
SPG A 0.43% 0.1% 0.1%
SPGI C 0.38% 0.31% 0.31%
SYK A 0.23% 0.26% 0.23%
T A 0.68% 0.32% 0.32%
TJX A 0.71% 0.27% 0.27%
TMO D 0.4% 0.42% 0.4%
TMUS A 0.09% 0.23% 0.09%
TROW A 0.28% 0.05% 0.05%
TRV A 0.25% 0.11% 0.11%
TSLA B 1.18% 1.6% 1.18%
TT A 0.67% 0.18% 0.18%
TXT D 0.52% 0.04% 0.04%
UBER C 0.32% 0.31% 0.31%
UNH B 0.59% 1.1% 0.59%
UNP D 0.75% 0.31% 0.31%
V A 0.63% 1.02% 0.63%
VST A 0.13% 0.09% 0.09%
VZ C 0.23% 0.35% 0.23%
WM B 0.42% 0.16% 0.16%
WMT A 0.81% 0.72% 0.72%
WTW B 0.11% 0.06% 0.06%
XOM B 1.54% 1.07% 1.07%
ZBRA B 0.54% 0.04% 0.04%
FBUF Overweight 32 Positions Relative to XTR
Symbol Grade Weight
SQ A 0.61%
ZM B 0.59%
EXEL B 0.55%
SEIC A 0.55%
DBX C 0.54%
CVNA A 0.52%
IGT F 0.49%
ANF C 0.42%
SSNC D 0.38%
TDC F 0.35%
MEDP D 0.33%
SKYW A 0.31%
CACI C 0.21%
GAP C 0.21%
ALRM C 0.19%
TPH D 0.18%
LNW D 0.17%
CRUS F 0.16%
BBWI C 0.16%
DASH B 0.11%
LPLA A 0.11%
DOCU A 0.1%
LYFT B 0.09%
TWLO A 0.09%
UNM A 0.09%
NBIX D 0.07%
PLTK A 0.07%
UTHR B 0.05%
TNL A 0.04%
VEEV C 0.04%
TOL B 0.02%
PEGA B 0.02%
FBUF Underweight 374 Positions Relative to XTR
Symbol Grade Weight
WFC A -0.49%
KO D -0.49%
AMD F -0.47%
ACN C -0.46%
LIN D -0.45%
MCD D -0.43%
TXN C -0.4%
IBM D -0.4%
BKNG A -0.38%
GS A -0.38%
INTU A -0.37%
ISRG A -0.37%
DHR D -0.32%
MS A -0.32%
LOW A -0.31%
HON A -0.28%
BSX B -0.26%
VRTX C -0.26%
COP C -0.26%
PANW B -0.25%
BX A -0.25%
FI A -0.24%
ADI D -0.23%
MDT D -0.23%
INTC C -0.22%
SBUX A -0.22%
CB C -0.22%
PLTR A -0.22%
BA F -0.22%
DE D -0.21%
PLD D -0.21%
UPS C -0.2%
KKR A -0.2%
PH A -0.19%
SO C -0.19%
ELV F -0.19%
GEV A -0.18%
MDLZ F -0.18%
NKE D -0.18%
DUK C -0.18%
ICE D -0.18%
MO A -0.18%
REGN F -0.18%
SNPS C -0.17%
EQIX B -0.17%
SHW B -0.17%
APH B -0.17%
TDG D -0.16%
MCO C -0.16%
CDNS B -0.16%
PNC A -0.16%
USB B -0.16%
GD D -0.16%
CEG D -0.15%
WELL A -0.15%
ZTS D -0.15%
MAR A -0.14%
COF A -0.14%
FCX F -0.14%
APD A -0.14%
ORLY A -0.14%
EMR A -0.14%
CRWD B -0.14%
MCK A -0.14%
ADSK B -0.13%
ROP C -0.13%
GM A -0.13%
SLB C -0.13%
TFC A -0.13%
HLT A -0.13%
HCA D -0.13%
AJG A -0.13%
URI B -0.13%
TGT D -0.13%
WMB A -0.13%
FDX A -0.12%
AZO C -0.12%
ABNB C -0.12%
OKE A -0.12%
CARR D -0.12%
MPC D -0.11%
NEM F -0.11%
AFL C -0.11%
AMP A -0.11%
CMI A -0.11%
SRE A -0.11%
PSX C -0.11%
RCL A -0.11%
NXPI F -0.11%
JCI A -0.11%
ODFL B -0.1%
CPRT A -0.1%
PRU A -0.1%
DFS A -0.1%
D C -0.1%
MET A -0.1%
FAST B -0.1%
DLR A -0.1%
AIG B -0.1%
O D -0.1%
DHI D -0.1%
FTNT A -0.1%
PAYX B -0.1%
KMI A -0.1%
PEG C -0.09%
BKR A -0.09%
MPWR F -0.09%
ROST D -0.09%
GWW A -0.09%
ALL A -0.09%
CCI D -0.09%
VLO C -0.09%
AEP C -0.09%
FIS B -0.09%
SYY D -0.08%
MNST D -0.08%
YUM D -0.08%
LEN D -0.08%
GLW B -0.08%
VMC B -0.08%
ACGL C -0.08%
CHTR B -0.08%
EA A -0.08%
IR A -0.08%
CTSH B -0.08%
STZ D -0.08%
EXC C -0.08%
CBRE B -0.08%
DELL C -0.08%
FICO A -0.08%
EW C -0.08%
KVUE A -0.08%
HES B -0.08%
MCHP F -0.08%
IT B -0.08%
PWR A -0.08%
A D -0.08%
COR B -0.08%
KDP D -0.08%
OTIS D -0.08%
IQV F -0.08%
CTVA D -0.08%
PCG A -0.08%
TRGP A -0.08%
VRSK B -0.08%
KMB C -0.08%
DAL A -0.08%
HUM F -0.07%
CNC F -0.07%
ETR A -0.07%
DD D -0.07%
EXR C -0.07%
WAB B -0.07%
GEHC D -0.07%
FANG D -0.07%
DOW F -0.07%
EFX F -0.07%
MLM B -0.07%
HIG C -0.07%
LULU C -0.07%
GIS D -0.07%
XEL A -0.07%
MTB A -0.07%
RMD C -0.07%
HAL C -0.06%
AWK C -0.06%
ROK A -0.06%
NDAQ A -0.06%
SW A -0.06%
TTWO A -0.06%
WEC A -0.06%
KHC F -0.06%
EIX C -0.06%
STT A -0.06%
CSGP F -0.06%
AVB A -0.06%
EBAY D -0.06%
GPN B -0.06%
FITB A -0.06%
ON F -0.06%
VICI C -0.06%
HPQ B -0.06%
IRM D -0.06%
TYL B -0.05%
PKG B -0.05%
NTAP D -0.05%
AEE A -0.05%
GDDY A -0.05%
STLD B -0.05%
FE C -0.05%
WY D -0.05%
VTR C -0.05%
PPL A -0.05%
EQR C -0.05%
EQT A -0.05%
KEYS C -0.05%
SBAC D -0.05%
WST C -0.05%
ZBH C -0.05%
HBAN A -0.05%
ADM D -0.05%
ANSS B -0.05%
VLTO D -0.05%
RF A -0.05%
CCL A -0.05%
XYL D -0.05%
DXCM C -0.05%
AXON A -0.05%
PTC B -0.05%
MTD F -0.05%
UAL A -0.05%
FTV D -0.05%
HSY F -0.05%
HUBB B -0.05%
SYF A -0.05%
DOV A -0.05%
CDW F -0.05%
PHM D -0.05%
HPE B -0.05%
BRO B -0.05%
TSCO D -0.05%
CHD A -0.05%
RJF A -0.05%
DTE C -0.05%
MRNA F -0.04%
CTRA A -0.04%
EXPD D -0.04%
FDS A -0.04%
PODD A -0.04%
NTRS A -0.04%
FFIV B -0.04%
TDY B -0.04%
MAS D -0.04%
HOLX D -0.04%
ATO A -0.04%
MOH F -0.04%
DECK A -0.04%
WBD B -0.04%
KEY A -0.04%
INVH D -0.04%
LUV A -0.04%
CMS C -0.04%
BALL D -0.04%
DRI B -0.04%
EXPE A -0.04%
PFG C -0.04%
CPAY A -0.04%
BAX F -0.04%
IFF D -0.04%
BLDR D -0.04%
SNA A -0.04%
MAA A -0.04%
BR A -0.04%
EG D -0.04%
POOL D -0.04%
IP A -0.04%
WDC F -0.04%
LYB F -0.04%
STX D -0.04%
K B -0.04%
STE D -0.04%
ES C -0.04%
OMC C -0.04%
CFG A -0.04%
WAT B -0.04%
ULTA D -0.04%
FSLR F -0.04%
ESS A -0.04%
NI A -0.03%
ALGN D -0.03%
SMCI F -0.03%
FOXA A -0.03%
UDR C -0.03%
CAG F -0.03%
EL F -0.03%
LH B -0.03%
IEX B -0.03%
SWKS F -0.03%
VTRS A -0.03%
LNT A -0.03%
DLTR F -0.03%
RVTY D -0.03%
APTV F -0.03%
JBHT B -0.03%
DGX A -0.03%
WRB A -0.03%
NDSN B -0.03%
KIM A -0.03%
BBY C -0.03%
CBOE D -0.03%
AMCR C -0.03%
MRO A -0.03%
EPAM B -0.03%
UHS D -0.03%
AVY D -0.03%
PNR A -0.03%
MKTX C -0.03%
AIZ A -0.03%
JBL C -0.03%
AKAM F -0.03%
DOC D -0.03%
GPC D -0.03%
TRMB A -0.03%
TER F -0.03%
LYV A -0.03%
DPZ C -0.03%
J D -0.03%
TSN A -0.03%
JKHY D -0.03%
ARE D -0.03%
L A -0.03%
LVS C -0.03%
CF A -0.03%
MKC D -0.03%
CNP A -0.03%
DG F -0.03%
TFX F -0.02%
BWA A -0.02%
HSIC D -0.02%
APA F -0.02%
AES F -0.02%
ERIE F -0.02%
CRL D -0.02%
NWSA B -0.02%
SOLV C -0.02%
HRL D -0.02%
PAYC B -0.02%
CE F -0.02%
SJM F -0.02%
CPT D -0.02%
ALB C -0.02%
IVZ B -0.02%
FMC F -0.02%
TPR A -0.02%
NCLH B -0.02%
MOS D -0.02%
CZR F -0.02%
MTCH F -0.02%
CHRW A -0.02%
PNW A -0.02%
IPG F -0.02%
GNRC B -0.02%
CPB D -0.02%
VRSN D -0.02%
LW C -0.02%
FRT B -0.02%
BXP D -0.02%
REG A -0.02%
ROL A -0.02%
MHK D -0.02%
ENPH F -0.02%
CTLT C -0.02%
BG D -0.02%
TECH D -0.02%
HII F -0.02%
LKQ D -0.02%
EVRG A -0.02%
KMX B -0.02%
TAP A -0.02%
EMN C -0.02%
RL B -0.02%
HST D -0.02%
SWK F -0.02%
DAY B -0.02%
JNPR D -0.02%
FOX A -0.01%
BEN C -0.01%
DVA C -0.01%
PARA C -0.01%
HAS D -0.01%
WYNN D -0.01%
WBA F -0.01%
AOS F -0.01%
NWS A -0.0%
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