FSST vs. MGC ETF Comparison

Comparison of Fidelity Sustainability U.S. Equity ETF (FSST) to Vanguard Mega Cap ETF (MGC)

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

$27.94

Average Daily Volume

1,225

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MGC

Vanguard Mega Cap ETF

MGC Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$214.82

Average Daily Volume

66,120

Number of Holdings ^*

193

* may have additional holdings in another (foreign) market

Performance

Period	FSST	MGC
30 Days	2.99%	2.84%
60 Days	4.26%	4.35%
90 Days	5.87%	5.93%
12 Months	32.59%	33.19%

37 Overlapping Holdings

Symbol	Grade	Weight in FSST	Weight in MGC	Overlap
AAPL	C	7.52%	8.16%	7.52%
ACN	C	0.51%	0.54%	0.51%
AMD	F	0.6%	0.58%	0.58%
AMZN	C	3.17%	4.4%	3.17%
AXP	A	2.28%	0.34%	0.34%
BAC	A	0.64%	0.73%	0.64%
BLK	C	1.9%	0.35%	0.35%
C	A	0.77%	0.29%	0.29%
CI	F	2.51%	0.22%	0.22%
CMCSA	B	1.03%	0.42%	0.42%
CRM	B	2.3%	0.67%	0.67%
DE	A	1.06%	0.26%	0.26%
DELL	C	0.71%	0.09%	0.09%
DHR	F	1.46%	0.4%	0.4%
DIS	B	2.24%	0.44%	0.44%
EL	F	0.99%	0.02%	0.02%
GILD	C	1.41%	0.28%	0.28%
GOOGL	C	3.43%	2.49%	2.49%
HLT	A	1.24%	0.07%	0.07%
INTU	C	0.76%	0.41%	0.41%
JCI	C	1.24%	0.06%	0.06%
LIN	D	2.1%	0.54%	0.54%
LOW	D	1.99%	0.37%	0.37%
MA	C	2.15%	1.03%	1.03%
MCO	B	2.6%	0.18%	0.18%
MRK	F	1.79%	0.65%	0.65%
MSFT	F	6.22%	7.55%	6.22%
NEE	D	1.57%	0.41%	0.41%
NFLX	A	0.97%	0.81%	0.81%
NVDA	C	6.17%	7.76%	6.17%
PG	A	2.98%	0.97%	0.97%
PLD	D	1.53%	0.26%	0.26%
PSA	D	0.82%	0.13%	0.13%
SBUX	A	0.71%	0.28%	0.28%
TSLA	B	1.22%	1.7%	1.22%
UPS	C	0.91%	0.25%	0.25%
ZTS	D	0.84%	0.18%	0.18%

FSST Overweight 29 Positions Relative to MGC

Symbol	Grade	Weight
BKR	B	1.76%
ON	D	1.66%
KBR	F	1.61%
AVY	D	1.32%
CNC	D	1.13%
TMHC	B	1.09%
AYI	B	1.07%
CCK	C	1.06%
ICLR	D	1.05%
LNG	B	0.96%
RRX	B	0.83%
TGNA	B	0.79%
VLTO	D	0.78%
IR	B	0.77%
FSLR	F	0.73%
CDW	F	0.73%
MAN	D	0.68%
GEN	B	0.65%
DFS	B	0.64%
CWEN	C	0.62%
GNRC	B	0.59%
PHM	D	0.55%
NTRS	A	0.55%
HIG	B	0.52%
EXAS	D	0.51%
TKR	D	0.5%
NXPI	D	0.47%
MRNA	F	0.31%
ESNT	D	0.26%

FSST Underweight 156 Positions Relative to MGC

Symbol	Grade	Weight
META	D	-3.1%
GOOG	C	-2.06%
AVGO	D	-1.98%
BRK.A	B	-1.92%
LLY	F	-1.77%
JPM	A	-1.58%
XOM	B	-1.3%
UNH	C	-1.3%
V	A	-1.21%
HD	A	-0.98%
COST	B	-0.97%
JNJ	D	-0.96%
WMT	A	-0.91%
ABBV	D	-0.9%
ORCL	B	-0.69%
CVX	A	-0.65%
KO	D	-0.63%
PEP	F	-0.57%
WFC	A	-0.55%
ADBE	C	-0.53%
PM	B	-0.52%
TMO	F	-0.52%
MCD	D	-0.52%
CSCO	B	-0.5%
ABT	B	-0.49%
IBM	C	-0.48%
NOW	A	-0.48%
CAT	B	-0.46%
TXN	C	-0.46%
ISRG	A	-0.45%
QCOM	F	-0.45%
GE	D	-0.44%
AMGN	D	-0.43%
GS	A	-0.41%
VZ	C	-0.4%
PFE	D	-0.4%
RTX	C	-0.4%
T	A	-0.4%
BKNG	A	-0.39%
SPGI	C	-0.38%
AMAT	F	-0.37%
PGR	A	-0.36%
UBER	D	-0.36%
MS	A	-0.35%
UNP	C	-0.35%
LMT	D	-0.33%
ETN	A	-0.33%
HON	B	-0.33%
COP	C	-0.32%
TJX	A	-0.32%
SYK	C	-0.31%
VRTX	F	-0.31%
BSX	B	-0.31%
BX	A	-0.3%
MDT	D	-0.29%
PANW	C	-0.29%
ADP	B	-0.29%
MU	D	-0.28%
ADI	D	-0.28%
BMY	B	-0.28%
FI	A	-0.28%
SCHW	B	-0.27%
MMC	B	-0.27%
CB	C	-0.27%
BA	F	-0.27%
TMUS	B	-0.26%
SO	D	-0.25%
AMT	D	-0.25%
ELV	F	-0.24%
ANET	C	-0.24%
LRCX	F	-0.24%
REGN	F	-0.23%
MDLZ	F	-0.23%
KKR	A	-0.23%
NKE	D	-0.23%
MO	A	-0.23%
EQIX	A	-0.22%
WM	A	-0.22%
DUK	C	-0.22%
ICE	C	-0.22%
KLAC	D	-0.22%
INTC	D	-0.21%
TT	A	-0.21%
SNPS	B	-0.2%
PYPL	B	-0.2%
CME	A	-0.2%
SHW	A	-0.2%
PH	A	-0.2%
NOC	D	-0.19%
PNC	B	-0.19%
USB	A	-0.19%
CDNS	B	-0.19%
AON	A	-0.19%
CMG	B	-0.19%
CL	D	-0.19%
MMM	D	-0.18%
CVS	D	-0.18%
ITW	B	-0.18%
ORLY	B	-0.17%
BDX	F	-0.17%
GD	F	-0.17%
CRWD	B	-0.17%
APD	A	-0.17%
EOG	A	-0.17%
TGT	F	-0.17%
ECL	D	-0.16%
FCX	D	-0.16%
HCA	F	-0.16%
MCK	B	-0.16%
CSX	B	-0.16%
MAR	B	-0.15%
AFL	B	-0.15%
COF	B	-0.15%
FDX	B	-0.15%
ADSK	A	-0.15%
EMR	A	-0.15%
BRK.A	B	-0.14%
BK	A	-0.14%
TRV	B	-0.14%
NSC	B	-0.14%
SLB	C	-0.14%
GM	B	-0.14%
ROP	B	-0.14%
TFC	A	-0.14%
PSX	C	-0.13%
AEP	D	-0.13%
SRE	A	-0.13%
ABNB	C	-0.13%
ROST	C	-0.12%
MET	A	-0.12%
CCI	D	-0.12%
MPC	D	-0.12%
WDAY	B	-0.12%
PAYX	C	-0.11%
KMB	D	-0.11%
STZ	D	-0.1%
VLO	C	-0.1%
F	C	-0.1%
RSG	A	-0.1%
GEV	B	-0.1%
MRVL	B	-0.09%
KDP	D	-0.09%
MNST	C	-0.09%
CHTR	C	-0.08%
HUM	C	-0.08%
WMB	A	-0.08%
OXY	D	-0.08%
SPG	B	-0.07%
KHC	F	-0.07%
KMI	A	-0.06%
FTNT	C	-0.06%
AIG	B	-0.06%
D	C	-0.06%
AZO	C	-0.06%
EW	C	-0.05%
SNOW	C	-0.04%