FDRR vs. ADME ETF Comparison

Comparison of Fidelity Dividend ETF for Rising Rates (FDRR) to Aptus Drawdown Managed Equity ETF (ADME)

FDRR

Fidelity Dividend ETF for Rising Rates

FDRR Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates. Normally investing at least 80% of assets in securities included in the Fidelity Dividend Index for Rising Rates and in depository receipts representing securities included in the index. The Fidelity Dividend Index for Rising Rates is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends and have a positive correlation of returns to increasing 10-year U.S. Treasury yields.

Grade (RS Rating)

Last Trade

$53.29

Average Daily Volume

19,188

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

ADME

Aptus Drawdown Managed Equity ETF

ADME Description

The investment seeks capital appreciation with downside protection. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective principally by investing in a portfolio of typically 40 to 50 U.S.-listed equity securities, while limiting downside risk by purchasing exchange-listed put options on one or more broad-based indexes or ETFs that track the performance of the U.S. equity market. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in equity securities.

Grade (RS Rating)

Last Trade

$47.47

Average Daily Volume

34,161

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDRR	ADME
30 Days	1.87%	2.15%
60 Days	4.38%	3.21%
90 Days	5.21%	4.52%
12 Months	31.25%	28.04%

34 Overlapping Holdings

Symbol	Grade	Weight in FDRR	Weight in ADME	Overlap
AAPL	C	7.22%	6.89%	6.89%
ABBV	D	1.22%	0.65%	0.65%
AVGO	D	2.56%	1.93%	1.93%
BAC	A	1.39%	1.02%	1.02%
BMY	B	1.01%	0.71%	0.71%
C	A	0.95%	0.62%	0.62%
CAT	B	0.94%	1.74%	0.94%
CMCSA	B	0.74%	0.38%	0.38%
DE	A	0.68%	0.64%	0.64%
DUK	C	0.33%	0.64%	0.33%
EOG	A	0.36%	0.48%	0.36%
FCX	D	0.25%	0.35%	0.25%
HON	B	0.82%	0.91%	0.82%
JNJ	D	1.35%	1.02%	1.02%
JPM	A	2.11%	2.0%	2.0%
KO	D	0.81%	1.13%	0.81%
LIN	D	0.54%	1.31%	0.54%
LLY	F	1.82%	1.19%	1.19%
LMT	D	0.79%	1.61%	0.79%
LOW	D	0.95%	1.2%	0.95%
MAR	B	0.75%	1.11%	0.75%
MCD	D	0.91%	0.96%	0.91%
MO	A	0.68%	0.6%	0.6%
MS	A	1.2%	1.15%	1.15%
MSFT	F	6.6%	6.09%	6.09%
NEE	D	0.48%	0.69%	0.48%
NVDA	C	8.35%	7.17%	7.17%
PG	A	1.13%	1.11%	1.11%
PSA	D	0.3%	0.48%	0.3%
SO	D	0.36%	1.0%	0.36%
TJX	A	0.91%	0.87%	0.87%
UNH	C	1.79%	1.25%	1.25%
V	A	1.56%	1.79%	1.56%
XOM	B	1.09%	1.84%	1.09%

FDRR Overweight 67 Positions Relative to ADME

Symbol	Grade	Weight
TXN	C	1.5%
DELL	C	1.47%
CSCO	B	1.44%
HD	A	1.37%
WFC	A	1.37%
IBM	C	1.34%
GS	A	1.23%
HPQ	B	1.21%
BX	A	1.09%
PNC	B	0.97%
MRK	F	0.97%
GE	D	0.96%
GM	B	0.92%
RTX	C	0.92%
PM	B	0.89%
PFE	D	0.88%
T	A	0.88%
USB	A	0.86%
TFC	A	0.85%
CME	A	0.79%
SBUX	A	0.79%
VZ	C	0.78%
PEP	F	0.74%
CVX	A	0.71%
UNP	C	0.7%
TKO	B	0.68%
BBY	D	0.67%
FOXA	B	0.67%
CVS	D	0.65%
PCAR	B	0.62%
UPS	C	0.62%
EA	A	0.61%
F	C	0.58%
NKE	D	0.56%
NWSA	B	0.55%
OMC	C	0.53%
NYT	C	0.5%
TRGP	B	0.49%
GEV	B	0.44%
COP	C	0.43%
WMG	C	0.42%
NXST	C	0.42%
IPG	D	0.4%
PLD	D	0.35%
SPG	B	0.34%
PARA	C	0.34%
APD	A	0.29%
D	C	0.27%
AEP	D	0.27%
CCI	D	0.25%
OHI	C	0.25%
NEM	D	0.24%
EXC	C	0.24%
VICI	C	0.24%
EIX	B	0.24%
IP	B	0.24%
DVN	F	0.21%
GLPI	C	0.21%
WY	D	0.2%
WPC	D	0.18%
IFF	D	0.17%
DOW	F	0.16%
AMCR	D	0.16%
WBA	F	0.15%
LYB	F	0.15%
CIVI	D	0.15%
MOS	F	0.12%

FDRR Underweight 42 Positions Relative to ADME

Symbol	Grade	Weight
AMZN	C	-3.67%
GOOG	C	-3.58%
META	D	-2.44%
NOW	A	-2.11%
TSLA	B	-1.89%
SYK	C	-1.82%
BRK.A	B	-1.72%
PGR	A	-1.68%
AMAT	F	-1.34%
NFLX	A	-1.33%
TMUS	B	-1.23%
BLK	C	-1.23%
WMT	A	-1.2%
ACN	C	-1.13%
FI	A	-1.09%
COST	B	-1.05%
INTU	C	-1.05%
ISRG	A	-1.05%
TMO	F	-1.04%
CSX	B	-1.01%
CTAS	B	-0.97%
MSI	B	-0.9%
MMC	B	-0.89%
ADI	D	-0.86%
AMT	D	-0.82%
PHM	D	-0.8%
ABT	B	-0.8%
FANG	D	-0.74%
ICE	C	-0.71%
DLR	B	-0.71%
MKC	D	-0.68%
ETN	A	-0.63%
TYL	B	-0.59%
ADBE	C	-0.47%
AMD	F	-0.45%
VRTX	F	-0.45%
HCA	F	-0.45%
SHW	A	-0.44%
BR	A	-0.42%
AMGN	D	-0.36%
ADP	B	-0.32%
SLB	C	-0.25%