FSST vs. FTC ETF Comparison

Comparison of Fidelity Sustainability U.S. Equity ETF (FSST) to First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index) (FTC)

FSST

Fidelity Sustainability U.S. Equity ETF

FSST Description

FSST mainly invests in US companies that the fund adviser believes to have proven or improving sustainability practices. Evaluation of the companies impact characteristics may involve corporate engagement and its alignment with the United Nations Sustainable Development Goals using qualitative analysis as well as proprietary or third-party data. Their approach to sustainable investing not only considers ESG factors but fundamental ones as well, including financial conditions, industry positions, as well as market and economic conditions. Unlike other ETFs that disclose holdings on a daily basis, FSST publishes its full portfolio holdings monthly with a 30-day lag. A Tracking Basket Structure is in place which acts as a proxy portfolio and may include holdings from recent disclosures, other liquid ETFs as well as cash and cash equivalents in order to track the funds daily performance and facilitate arbitrage opportunities.

Grade (RS Rating)

Last Trade

$26.95

Average Daily Volume

1,189

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTC

First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index)

FTC Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Growth Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Growth Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$132.22

Average Daily Volume

32,021

Number of Holdings ^*

185

* may have additional holdings in another (foreign) market

Performance

Period	FSST	FTC
30 Days	4.53%	6.90%
60 Days	10.36%	14.55%
90 Days	4.30%	7.19%
12 Months	36.35%	39.14%

18 Overlapping Holdings

Symbol	Grade	Weight in FSST	Weight in FTC	Overlap
AAPL	C	6.87%	0.36%	0.36%
AMD	C	0.5%	0.34%	0.34%
AMZN	C	4.16%	0.66%	0.66%
CRM	B	2.09%	0.36%	0.36%
FSLR	C	0.62%	0.56%	0.56%
GOOGL	B	3.5%	0.76%	0.76%
HLT	A	1.1%	0.9%	0.9%
INTU	F	0.82%	0.46%	0.46%
IR	A	0.94%	0.73%	0.73%
LIN	C	1.99%	0.18%	0.18%
MA	A	1.94%	0.18%	0.18%
MCO	D	2.5%	0.55%	0.55%
MSFT	D	5.99%	0.47%	0.47%
NFLX	A	0.82%	0.71%	0.71%
NTRS	B	0.55%	0.72%	0.55%
NVDA	B	5.09%	0.83%	0.83%
NXPI	F	0.49%	0.45%	0.45%
PG	D	2.67%	0.35%	0.35%

FSST Overweight 48 Positions Relative to FTC

Symbol	Grade	Weight
CI	D	2.5%
MRK	F	2.44%
DIS	D	2.15%
AXP	A	2.09%
ACN	B	1.93%
BKR	B	1.81%
ON	F	1.8%
LOW	C	1.79%
KBR	A	1.66%
BLK	A	1.66%
PLD	D	1.48%
DHR	D	1.45%
NEE	C	1.4%
AYI	A	1.31%
AVY	D	1.29%
GILD	A	1.24%
VLTO	A	1.21%
ICLR	F	1.16%
CNC	F	1.14%
JCI	C	1.13%
TSLA	C	1.03%
TMHC	C	1.02%
CCK	C	0.98%
CMCSA	B	0.98%
LNG	A	0.97%
DE	C	0.89%
UPS	D	0.85%
RRX	B	0.8%
TGNA	B	0.78%
C	B	0.76%
ZTS	C	0.73%
MAN	D	0.69%
SBUX	B	0.69%
CDW	D	0.67%
BAC	B	0.65%
GNRC	B	0.58%
MRNA	F	0.54%
DFS	A	0.53%
CWEN	C	0.52%
VOYA	A	0.51%
EXAS	C	0.5%
TKR	B	0.5%
APTV	D	0.48%
EL	D	0.48%
TRV	B	0.14%
SFM	A	0.07%
CVS	D	0.01%
ACI	F	0.01%

FSST Underweight 167 Positions Relative to FTC

Symbol	Grade	Weight
VST	A	-1.15%
IRM	B	-1.1%
HWM	A	-1.08%
CEG	A	-1.08%
KKR	A	-1.06%
BK	A	-1.01%
ERIE	A	-1.0%
HEI	C	-0.98%
GE	B	-0.98%
TT	A	-0.98%
PWR	A	-0.98%
WAB	A	-0.97%
VRT	B	-0.96%
META	A	-0.95%
LII	C	-0.95%
RCL	B	-0.94%
GDDY	B	-0.94%
FCNCA	D	-0.92%
MMM	C	-0.91%
ANET	A	-0.91%
APO	A	-0.9%
TJX	D	-0.9%
GRMN	D	-0.9%
BKNG	B	-0.9%
STX	C	-0.89%
BAH	C	-0.89%
JPM	C	-0.88%
COST	C	-0.88%
FICO	C	-0.87%
URI	C	-0.85%
DECK	B	-0.83%
LLY	D	-0.82%
ORCL	A	-0.81%
CAT	A	-0.79%
NTAP	D	-0.79%
MSI	A	-0.78%
CMG	C	-0.77%
BRO	A	-0.77%
CSL	A	-0.74%
TDG	A	-0.74%
ISRG	C	-0.73%
AJG	C	-0.73%
BSX	A	-0.73%
DAL	C	-0.73%
PLTR	A	-0.72%
CL	D	-0.72%
ECL	C	-0.72%
AVGO	B	-0.72%
MAR	A	-0.71%
ETN	B	-0.71%
NTNX	C	-0.71%
AMGN	D	-0.7%
LPLA	D	-0.7%
UBER	C	-0.7%
ROST	D	-0.7%
RSG	D	-0.69%
VRTX	D	-0.67%
CCL	C	-0.67%
PANW	B	-0.67%
PSTG	F	-0.65%
APH	D	-0.65%
KLAC	B	-0.64%
PHM	C	-0.64%
CRWD	D	-0.63%
PH	A	-0.62%
AMAT	C	-0.59%
PM	D	-0.59%
ARES	A	-0.58%
EXPE	B	-0.58%
TYL	D	-0.57%
CTAS	C	-0.57%
LYV	A	-0.57%
TMUS	A	-0.57%
MANH	A	-0.56%
DPZ	D	-0.56%
NOW	B	-0.55%
MPWR	B	-0.55%
WSO	C	-0.53%
BR	B	-0.53%
AZO	D	-0.53%
ORLY	A	-0.53%
OTIS	A	-0.53%
DLR	C	-0.52%
WMB	A	-0.52%
MMC	D	-0.52%
LRCX	D	-0.52%
PINS	D	-0.5%
ROL	C	-0.5%
XYL	C	-0.49%
PCAR	D	-0.47%
WM	B	-0.47%
AXON	A	-0.45%
CDNS	D	-0.44%
MGM	D	-0.44%
RIVN	F	-0.43%
IBM	A	-0.43%
NVR	C	-0.43%
DDOG	B	-0.43%
SNPS	F	-0.42%
WELL	C	-0.41%
HUBB	A	-0.4%
PPL	C	-0.4%
FI	A	-0.4%
ADP	A	-0.39%
GWW	B	-0.39%
PODD	C	-0.39%
SO	A	-0.39%
TTD	A	-0.38%
MO	D	-0.38%
KO	C	-0.38%
ALNY	C	-0.38%
IT	A	-0.38%
AVB	C	-0.37%
STE	D	-0.37%
MTD	C	-0.36%
DKNG	C	-0.36%
SYK	C	-0.36%
ESS	D	-0.36%
EA	D	-0.35%
MLM	F	-0.34%
CHD	D	-0.34%
ADI	B	-0.34%
HON	C	-0.33%
INVH	D	-0.33%
VRSK	D	-0.33%
ROP	D	-0.33%
SNAP	D	-0.32%
ADBE	F	-0.31%
ZS	F	-0.3%
OKTA	F	-0.27%
SMCI	F	-0.25%
TRU	C	-0.23%
MAS	C	-0.21%
SHW	C	-0.21%
DASH	A	-0.21%
RMD	C	-0.2%
RPM	A	-0.19%
SPGI	C	-0.19%
LVS	B	-0.19%
HD	A	-0.19%
CPAY	A	-0.19%
AON	A	-0.19%
TXN	C	-0.18%
ADSK	B	-0.18%
DRI	C	-0.18%
SPG	A	-0.18%
PAYX	B	-0.18%
VMC	D	-0.17%
HST	D	-0.17%
MRVL	C	-0.17%
AMH	D	-0.17%
PEP	F	-0.17%
AME	C	-0.17%
V	B	-0.17%
CPRT	B	-0.16%
ROK	D	-0.16%
TTWO	D	-0.16%
NET	D	-0.16%
PTC	B	-0.16%
STZ	D	-0.16%
SLB	D	-0.15%
HUBS	D	-0.15%
NBIX	F	-0.14%
ENTG	D	-0.14%
BA	F	-0.14%
LW	D	-0.13%
EW	F	-0.12%