FENY vs. HYBB ETF Comparison

Comparison of Fidelity MSCI Energy Index ETF (FENY) to iShares BB Rated Corporate Bond ETF (HYBB)

FENY

Fidelity MSCI Energy Index ETF

FENY Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Energy Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Energy Index, which represents the performance of the energy sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Energy Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.95

Average Daily Volume

718,577

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HYBB

iShares BB Rated Corporate Bond ETF

HYBB Description

The investment seeks to track the investment results of the ICE BofA BB US High Yield Constrained Index composed of BB, or equivalently rated, fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporations. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (BlackRock Cash Funds), as well as in securities not included in the index, but which BFA believes will help it track the index.

Grade (RS Rating)

Last Trade

$46.58

Average Daily Volume

53,619

Number of Holdings ^*

257

* may have additional holdings in another (foreign) market

Performance

Period	FENY	HYBB
30 Days	9.64%	0.73%
60 Days	10.00%	-0.96%
90 Days	9.42%	0.14%
12 Months	19.42%	7.77%

16 Overlapping Holdings

Symbol	Grade	Weight in FENY	Weight in HYBB	Overlap
AM	A	0.29%	0.09%	0.09%
AR	B	0.46%	0.05%	0.05%
CHRD	D	0.42%	0.04%	0.04%
CIVI	D	0.21%	0.06%	0.06%
CNX	A	0.32%	0.06%	0.06%
HESM	B	0.2%	0.06%	0.06%
HLX	B	0.1%	0.06%	0.06%
KNTK	B	0.14%	0.12%	0.12%
MTDR	B	0.36%	0.08%	0.08%
MUR	D	0.26%	0.05%	0.05%
OII	B	0.16%	0.05%	0.05%
PR	B	0.41%	0.05%	0.05%
RRC	B	0.42%	0.06%	0.06%
SM	B	0.27%	0.06%	0.06%
VAL	D	0.18%	0.17%	0.17%
WFRD	D	0.31%	0.25%	0.25%

FENY Overweight 82 Positions Relative to HYBB

Symbol	Grade	Weight
XOM	B	21.92%
CVX	A	13.78%
COP	C	6.39%
EOG	A	3.78%
WMB	A	3.28%
OKE	A	3.05%
SLB	C	3.0%
MPC	D	2.86%
PSX	C	2.72%
KMI	A	2.59%
LNG	B	2.39%
VLO	C	2.27%
BKR	B	2.1%
TRGP	B	1.98%
HES	B	1.95%
FANG	D	1.69%
OXY	D	1.64%
TPL	A	1.33%
HAL	C	1.3%
DVN	F	1.22%
EQT	B	1.21%
CTRA	B	0.94%
MRO	B	0.83%
FTI	A	0.62%
OVV	B	0.6%
DTM	B	0.5%
APA	D	0.42%
DINO	D	0.35%
NOV	C	0.33%
CHX	C	0.31%
MGY	A	0.25%
WHD	B	0.24%
CRC	A	0.21%
NOG	A	0.21%
CEIX	A	0.21%
BTU	B	0.2%
ENLC	A	0.2%
AROC	B	0.2%
PAGP	A	0.2%
HP	B	0.19%
PTEN	C	0.18%
PBF	D	0.18%
RIG	D	0.18%
UEC	B	0.18%
LBRT	D	0.16%
CRGY	B	0.15%
GPOR	B	0.14%
KOS	F	0.12%
LEU	C	0.11%
WKC	D	0.11%
TALO	C	0.11%
WTTR	B	0.1%
CRK	B	0.1%
INSW	F	0.1%
KRP	B	0.08%
NFE	D	0.08%
CLB	B	0.08%
DK	C	0.08%
AESI	B	0.07%
PARR	D	0.07%
LPG	F	0.07%
XPRO	F	0.07%
NEXT	B	0.07%
NBR	C	0.06%
TTI	C	0.06%
VTLE	C	0.06%
PUMP	B	0.06%
GPRE	F	0.06%
REX	D	0.06%
EE	A	0.06%
GRNT	B	0.05%
TDW	F	0.05%
EGY	D	0.05%
REPX	A	0.05%
RES	D	0.05%
CVI	F	0.05%
CLNE	D	0.05%
NR	B	0.05%
BRY	F	0.04%
VTOL	B	0.04%
SD	D	0.04%
HPK	B	0.04%

FENY Underweight 241 Positions Relative to HYBB

Symbol	Grade	Weight
WDC	D	-0.33%
JBLU	F	-0.3%
INGM	F	-0.29%
CCL	B	-0.29%
UAL	A	-0.27%
GTLS	B	-0.23%
CZR	F	-0.22%
SBAC	D	-0.2%
GTN	F	-0.2%
TLN	B	-0.19%
JAZZ	B	-0.19%
TDG	D	-0.16%
VST	B	-0.15%
POST	C	-0.15%
SIRI	C	-0.14%
COHR	B	-0.14%
PFGC	B	-0.14%
DVA	B	-0.14%
BFH	B	-0.14%
ACM	B	-0.14%
PCG	A	-0.14%
NXST	C	-0.13%
RBLX	C	-0.13%
SQ	A	-0.13%
AMCX	C	-0.13%
HLF	C	-0.12%
HRI	B	-0.12%
BYD	C	-0.12%
ESI	A	-0.12%
WCC	B	-0.12%
HGV	B	-0.12%
VRT	B	-0.12%
HTZ	C	-0.12%
SYF	B	-0.11%
IGT	F	-0.11%
W	F	-0.11%
AVTR	F	-0.11%
ESAB	B	-0.11%
AAL	B	-0.11%
DTE	C	-0.11%
USM	B	-0.1%
TPX	B	-0.1%
SBH	C	-0.1%
GAP	B	-0.1%
BALL	D	-0.1%
ADT	C	-0.1%
CRWD	B	-0.1%
TRN	B	-0.1%
ON	D	-0.1%
TEX	D	-0.09%
VSAT	F	-0.09%
WAL	B	-0.09%
SLGN	A	-0.09%
ASGN	F	-0.09%
MOH	F	-0.09%
GEN	B	-0.09%
PK	B	-0.09%
FTRE	D	-0.09%
AVNT	B	-0.09%
AIR	B	-0.09%
CWK	B	-0.09%
IEP	F	-0.09%
GDDY	A	-0.09%
ATSG	B	-0.09%
MTN	C	-0.09%
GEO	B	-0.09%
ADNT	F	-0.08%
THO	B	-0.08%
IQV	D	-0.08%
CRI	D	-0.08%
ACI	C	-0.08%
XPO	B	-0.08%
GNL	F	-0.08%
BLDR	D	-0.08%
AMKR	D	-0.08%
NEP	F	-0.08%
SLM	A	-0.08%
OGN	D	-0.08%
ESTC	C	-0.08%
WH	B	-0.08%
FLR	B	-0.08%
LW	C	-0.08%
ACCO	C	-0.08%
AXTA	A	-0.08%
LADR	B	-0.08%
OUT	A	-0.08%
SRCL	C	-0.08%
PARA	C	-0.08%
PPC	C	-0.08%
DO	D	-0.08%
CXW	B	-0.08%
ECPG	B	-0.08%
ALGT	B	-0.08%
HHH	B	-0.08%
NMRK	B	-0.08%
SNEX	B	-0.08%
SCI	B	-0.08%
THC	D	-0.08%
ZBRA	B	-0.08%
RNG	B	-0.07%
PTC	A	-0.07%
MD	B	-0.07%
KFY	B	-0.07%
SAH	A	-0.07%
RLJ	B	-0.07%
LAD	A	-0.07%
COOP	B	-0.07%
MWA	B	-0.07%
ATGE	B	-0.07%
ZD	B	-0.07%
FCFS	F	-0.07%
DY	D	-0.07%
LYV	A	-0.07%
FTAI	B	-0.07%
GHC	C	-0.07%
PHIN	A	-0.07%
TNET	D	-0.07%
HLT	A	-0.07%
PAG	B	-0.07%
COTY	F	-0.07%
NAVI	C	-0.07%
NCLH	B	-0.07%
URI	B	-0.07%
OLN	D	-0.07%
EPC	D	-0.07%
SCS	C	-0.07%
DAR	C	-0.07%
NWSA	B	-0.07%
ALLY	C	-0.07%
GPI	A	-0.07%
ARLP	A	-0.07%
TGNA	B	-0.07%
TFX	F	-0.07%
NSIT	F	-0.07%
LTH	C	-0.07%
EIX	B	-0.07%
NGVT	B	-0.07%
IRM	D	-0.07%
UA	B	-0.07%
PFSI	D	-0.07%
BWXT	B	-0.06%
MGM	D	-0.06%
AIZ	A	-0.06%
TCBI	B	-0.06%
ST	F	-0.06%
CIEN	B	-0.06%
MTX	B	-0.06%
HOLX	D	-0.06%
TMHC	B	-0.06%
CACC	D	-0.06%
WMS	D	-0.06%
SEE	C	-0.06%
CHTR	C	-0.06%
PBH	A	-0.06%
BCC	B	-0.06%
RXO	C	-0.06%
TRS	B	-0.06%
TTMI	B	-0.06%
CCOI	B	-0.06%
AA	B	-0.06%
ATKR	C	-0.06%
NWL	B	-0.06%
VSTO	A	-0.06%
TWLO	A	-0.06%
VNOM	A	-0.06%
RHP	B	-0.06%
CRL	C	-0.06%
NRG	B	-0.06%
CCK	C	-0.06%
LEVI	F	-0.06%
ET	A	-0.06%
CCS	D	-0.06%
BCO	D	-0.06%
SXC	A	-0.06%
VNO	B	-0.05%
DFH	D	-0.05%
DAN	D	-0.05%
CLF	F	-0.05%
ASH	D	-0.05%
AMN	F	-0.05%
STWD	C	-0.05%
WGO	C	-0.05%
JWN	C	-0.05%
CRS	A	-0.05%
GOLF	B	-0.05%
OI	C	-0.05%
ALSN	B	-0.05%
TPH	D	-0.05%
SYNA	C	-0.05%
IBP	D	-0.05%
VIAV	B	-0.05%
FL	F	-0.05%
ENTG	D	-0.05%
ABG	B	-0.05%
LAMR	D	-0.05%
SUN	B	-0.05%
EHC	B	-0.05%
LPX	B	-0.05%
BLD	D	-0.05%
AES	F	-0.05%
FOUR	B	-0.05%
BXMT	C	-0.05%
CMC	B	-0.04%
REZI	A	-0.04%
CLH	B	-0.04%
FUL	F	-0.04%
CXT	B	-0.04%
KBR	F	-0.04%
PRGO	B	-0.04%
BECN	B	-0.04%
BSIG	A	-0.04%
FOR	F	-0.04%
MUSA	A	-0.04%
SPR	D	-0.04%
GNW	A	-0.04%
ENS	D	-0.04%
LGIH	D	-0.04%
X	C	-0.04%
GPK	C	-0.04%
IMKTA	C	-0.04%
YUM	B	-0.04%
VLY	B	-0.04%
VFC	C	-0.04%
BDN	C	-0.04%
PRAA	C	-0.04%
CENT	C	-0.04%
KSS	F	-0.04%
BBWI	D	-0.04%
TNL	A	-0.04%
HI	C	-0.04%
STX	D	-0.04%
HPP	F	-0.04%
MHO	D	-0.04%
KBH	D	-0.04%
RCL	A	-0.04%
CSTM	F	-0.03%
WBA	F	-0.03%
BERY	B	-0.03%
AAP	C	-0.03%
OMF	A	-0.03%
M	D	-0.02%