FSTA vs. BUSA ETF Comparison

Comparison of Fidelity MSCI Consumer Staples Index ETF (FSTA) to Brandes U.S. Value ETF (BUSA)

FSTA

Fidelity MSCI Consumer Staples Index ETF

FSTA Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Consumer Staples 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 Consumer Staples Index, which represents the performance of the consumer staples sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Consumer Staples Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.46

Average Daily Volume

103,159

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BUSA

Brandes U.S. Value ETF

BUSA Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to attain its investment objective by investing primarily in equity securities of U.S. companies. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes), measured at the time of purchase, in securities of U.S. companies.

Grade (RS Rating)

Last Trade

$33.34

Average Daily Volume

24,976

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FSTA	BUSA
30 Days	0.53%	3.82%
60 Days	0.20%	5.79%
90 Days	1.37%	5.90%
12 Months	20.74%	28.77%

3 Overlapping Holdings

Symbol	Grade	Weight in FSTA	Weight in BUSA	Overlap
INGR	C	0.42%	1.69%	0.42%
KVUE	A	1.54%	1.53%	1.53%
SYY	D	1.33%	0.96%	0.96%

FSTA Overweight 95 Positions Relative to BUSA

Symbol	Grade	Weight
COST	A	12.93%
PG	C	12.26%
WMT	A	11.77%
KO	D	7.89%
PM	B	4.42%
PEP	F	4.42%
MO	A	3.19%
MDLZ	F	2.97%
TGT	F	2.43%
CL	D	2.39%
KMB	C	1.53%
MNST	C	1.46%
KR	B	1.43%
STZ	D	1.37%
KDP	F	1.35%
GIS	D	1.27%
KHC	F	1.03%
HSY	F	0.97%
CHD	A	0.95%
ADM	D	0.91%
K	A	0.81%
CLX	A	0.77%
MKC	C	0.71%
TSN	B	0.68%
DG	F	0.6%
USFD	A	0.6%
CASY	A	0.59%
SFM	A	0.58%
PFGC	B	0.53%
EL	F	0.52%
CAG	F	0.5%
DLTR	F	0.49%
TAP	C	0.48%
BG	D	0.48%
SJM	D	0.47%
BJ	A	0.47%
LW	C	0.45%
BRBR	A	0.41%
CPB	D	0.36%
HRL	D	0.36%
FRPT	A	0.33%
DAR	C	0.3%
COKE	C	0.3%
ACI	C	0.29%
ELF	C	0.29%
POST	C	0.27%
WBA	F	0.26%
CALM	A	0.23%
WDFC	B	0.23%
FLO	D	0.21%
SMPL	B	0.19%
SAM	C	0.19%
LANC	C	0.19%
SPB	C	0.18%
PPC	C	0.18%
JJSF	C	0.17%
CELH	F	0.16%
ENR	B	0.16%
IPAR	B	0.16%
PSMT	D	0.16%
COTY	F	0.15%
CHEF	A	0.14%
CENTA	C	0.14%
FDP	B	0.14%
TPB	B	0.13%
GO	C	0.13%
WMK	C	0.13%
REYN	D	0.13%
ANDE	D	0.13%
UNFI	A	0.13%
THS	D	0.12%
EPC	F	0.12%
FIZZ	C	0.12%
UVV	B	0.12%
UTZ	D	0.11%
IMKTA	C	0.11%
VITL	D	0.1%
KLG	B	0.1%
JBSS	F	0.09%
SEB	F	0.09%
AVO	C	0.08%
HAIN	D	0.08%
SPTN	D	0.08%
HLF	C	0.08%
MGPI	F	0.07%
NAPA	A	0.07%
TR	B	0.06%
USNA	C	0.06%
CVGW	D	0.06%
BGS	F	0.06%
CENT	C	0.05%
NUS	D	0.05%
SENEA	A	0.04%
BYND	F	0.04%
OLPX	D	0.03%

FSTA Underweight 52 Positions Relative to BUSA

Symbol	Grade	Weight
FI	A	-3.53%
CVX	A	-3.36%
MCK	A	-3.11%
WFC	A	-2.9%
BAC	A	-2.86%
FLEX	B	-2.58%
PNC	B	-2.57%
CMCSA	B	-2.48%
GOOG	C	-2.41%
WTW	B	-2.4%
C	A	-2.38%
DOX	D	-2.34%
CI	D	-2.26%
FDX	B	-2.24%
JPM	A	-2.2%
CTVA	C	-2.18%
HAL	C	-2.11%
EMR	B	-2.1%
CTSH	B	-2.06%
TXT	D	-2.05%
OMC	C	-2.04%
SSNC	B	-2.02%
SNY	F	-1.96%
PFE	F	-1.95%
BK	A	-1.95%
MRK	D	-1.92%
WRB	A	-1.91%
JNJ	C	-1.77%
HCA	F	-1.68%
AIG	B	-1.61%
CAH	B	-1.57%
ETR	B	-1.55%
LH	B	-1.49%
ACGL	C	-1.44%
AZO	C	-1.43%
MU	D	-1.31%
STT	B	-1.28%
CVS	D	-1.19%
LKQ	F	-1.15%
WKC	C	-1.09%
KNX	C	-1.08%
TFC	A	-1.08%
CSCO	B	-1.06%
OMF	A	-1.02%
GTES	A	-1.01%
SLB	C	-0.99%
BRK.A	B	-0.98%
GD	D	-0.91%
JCI	B	-0.87%
MHK	D	-0.83%
OTEX	F	-0.54%
QRVO	F	-0.5%