FDLO vs. TUGN ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to STF Tactical Growth & Income ETF (TUGN)

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$61.02

Average Daily Volume

90,831

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

TUGN

STF Tactical Growth & Income ETF

TUGN Description

The fund is an actively-managed ETF that seeks to achieve its investment objective by allocating its investments among a combination of (i) U.S. equity securities or ETFs that, in the aggregate, seek to replicate the Nasdaq-100® Index, (ii) directly in, or in ETFs that hold, long-duration U.S. Treasury securities (the ?Fixed Income Allocation?), and (iii) short-term U.S. Treasury bills, money market funds, and cash and/or cash equivalents (the ?Cash Equivalents?). It is non-diversified.

Grade (RS Rating)

Last Trade

$23.16

Average Daily Volume

16,610

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	TUGN
30 Days	2.09%	5.63%
60 Days	8.58%	6.82%
90 Days	6.14%	-6.90%
12 Months	27.76%	20.95%

25 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in TUGN	Overlap
AAPL	C	7.37%	8.5%	7.37%
ADP	A	0.6%	0.72%	0.6%
AEP	C	0.3%	0.34%	0.3%
AMGN	D	0.81%	1.09%	0.81%
AMZN	C	3.64%	4.94%	3.64%
CMCSA	B	0.92%	1.01%	0.92%
CSCO	A	1.63%	1.32%	1.32%
CSGP	F	0.19%	0.19%	0.19%
EA	D	0.64%	0.24%	0.24%
FAST	C	0.47%	0.26%	0.26%
GOOGL	B	3.93%	2.31%	2.31%
HON	C	0.64%	0.86%	0.64%
LIN	C	0.57%	1.47%	0.57%
MDLZ	D	0.43%	0.63%	0.43%
MSFT	D	7.16%	7.95%	7.16%
ORLY	A	0.5%	0.44%	0.44%
PAYX	B	0.47%	0.31%	0.31%
PEP	F	0.66%	1.49%	0.66%
REGN	D	0.68%	0.71%	0.68%
ROP	D	1.23%	0.38%	0.38%
SBUX	B	0.69%	0.69%	0.69%
TMUS	A	0.85%	1.51%	0.85%
TXN	C	1.55%	1.2%	1.2%
VRTX	D	0.68%	0.76%	0.68%
XEL	C	0.28%	0.22%	0.22%

FDLO Overweight 100 Positions Relative to TUGN

Symbol	Grade	Weight
BRK.A	B	2.07%
ORCL	A	1.85%
LLY	D	1.85%
IBM	A	1.66%
JPM	C	1.62%
ACN	B	1.58%
UNH	B	1.52%
MSI	A	1.37%
V	B	1.31%
MA	A	1.27%
JNJ	D	1.24%
AKAM	D	1.19%
HD	A	1.17%
TYL	C	1.16%
ABBV	C	1.16%
DOX	B	1.14%
VRSN	C	1.14%
XOM	A	1.14%
MRK	F	1.04%
VZ	C	1.01%
PG	D	1.01%
T	B	0.96%
TMO	D	0.94%
WMT	A	0.9%
ABT	D	0.88%
MCD	A	0.84%
PGR	B	0.83%
KO	C	0.76%
CB	A	0.73%
LOW	C	0.7%
MMC	D	0.68%
CME	A	0.67%
NKE	D	0.66%
UNP	F	0.66%
ETN	B	0.66%
TJX	D	0.64%
BDX	C	0.64%
TRV	C	0.63%
LMT	A	0.63%
CVX	B	0.62%
ERIE	A	0.6%
PM	D	0.59%
AJG	C	0.58%
CBOE	B	0.56%
AIZ	B	0.56%
FDS	C	0.56%
NOC	B	0.54%
ITW	C	0.54%
WM	B	0.52%
JKHY	A	0.52%
WRB	C	0.52%
GD	C	0.51%
OTIS	A	0.49%
AZO	D	0.48%
LHX	A	0.47%
TSCO	A	0.47%
BAH	C	0.46%
RSG	D	0.45%
J	F	0.44%
GRMN	D	0.43%
FCN	C	0.4%
HII	F	0.39%
CL	D	0.39%
COP	D	0.38%
SO	A	0.38%
DUK	C	0.37%
AMT	D	0.34%
GIS	C	0.33%
KMB	D	0.32%
SHW	C	0.31%
EQIX	C	0.3%
EOG	B	0.29%
ED	C	0.27%
WMB	A	0.27%
HSY	D	0.27%
APD	C	0.26%
PSA	C	0.26%
WEC	B	0.26%
O	C	0.25%
AEE	A	0.25%
ECL	C	0.25%
LNG	A	0.24%
DLR	C	0.24%
KMI	A	0.24%
CMS	A	0.24%
CCI	D	0.23%
CTVA	A	0.22%
EQR	C	0.19%
MAA	D	0.18%
DTM	A	0.18%
VMC	D	0.18%
MLM	F	0.18%
CTRA	D	0.18%
AMCR	C	0.17%
PKG	B	0.17%
ATR	A	0.16%
ELS	D	0.16%
AMH	D	0.16%
AVY	D	0.16%
ADC	C	0.15%

FDLO Underweight 76 Positions Relative to TUGN

Symbol	Grade	Weight
NVDA	B	-7.39%
AVGO	B	-5.21%
META	A	-4.97%
TSLA	C	-3.03%
COST	C	-2.58%
GOOG	B	-2.23%
NFLX	A	-1.97%
AMD	C	-1.66%
ADBE	F	-1.49%
QCOM	D	-1.21%
INTU	F	-1.15%
ISRG	C	-1.1%
AMAT	C	-1.07%
BKNG	B	-1.04%
PANW	B	-0.73%
ADI	B	-0.72%
KLAC	B	-0.7%
LRCX	D	-0.7%
MELI	D	-0.69%
MU	D	-0.67%
GILD	A	-0.66%
INTC	D	-0.63%
CTAS	C	-0.54%
CEG	A	-0.53%
PYPL	A	-0.51%
SNPS	F	-0.5%
ASML	F	-0.5%
PDD	B	-0.47%
CDNS	D	-0.47%
MAR	A	-0.46%
CSX	D	-0.42%
CRWD	D	-0.42%
MRVL	B	-0.39%
NXPI	F	-0.38%
FTNT	A	-0.37%
ABNB	D	-0.37%
ADSK	B	-0.37%
DASH	A	-0.35%
MNST	D	-0.34%
KDP	C	-0.33%
WDAY	D	-0.33%
PCAR	D	-0.33%
ROST	D	-0.33%
TTD	A	-0.32%
CPRT	B	-0.32%
CHTR	D	-0.3%
AZN	D	-0.29%
IDXX	D	-0.27%
GEHC	C	-0.27%
ODFL	F	-0.27%
MCHP	F	-0.26%
KHC	F	-0.26%
VRSK	D	-0.25%
EXC	C	-0.25%
CTSH	B	-0.24%
BKR	B	-0.23%
DDOG	B	-0.23%
CCEP	C	-0.23%
FANG	D	-0.21%
CDW	D	-0.2%
LULU	D	-0.2%
ANSS	D	-0.19%
ON	F	-0.19%
BIIB	F	-0.18%
DXCM	F	-0.17%
SMCI	F	-0.17%
MRNA	F	-0.16%
TEAM	D	-0.16%
ZS	F	-0.16%
TTWO	F	-0.16%
GFS	F	-0.14%
WBD	F	-0.13%
ILMN	B	-0.13%
MDB	D	-0.13%
ARM	C	-0.11%
DLTR	F	-0.1%