FTLS vs. FSST ETF Comparison

Comparison of First Trust Long/Short Equity (FTLS) to Fidelity Sustainability U.S. Equity ETF (FSST)

FTLS

First Trust Long/Short Equity

FTLS Description

The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$62.74

Average Daily Volume

143,927

Number of Holdings ^*

381

* may have additional holdings in another (foreign) market

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

$26.45

Average Daily Volume

1,239

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTLS	FSST
30 Days	-0.54%	1.74%
60 Days	0.48%	1.51%
90 Days	0.12%	3.31%
12 Months	19.22%	27.49%

28 Overlapping Holdings

Symbol	Grade	Weight in FTLS	Weight in FSST	Overlap
AAPL	D	7.54%	6.87%	6.87%
ACN	C	2.1%	1.93%	1.93%
AMD	D	-0.03%	0.5%	-0.03%
AMZN	C	2.34%	4.16%	2.34%
AVY	B	-0.09%	1.29%	-0.09%
AYI	B	0.23%	1.31%	0.23%
BKR	D	-0.13%	1.81%	-0.13%
C	D	2.04%	0.76%	0.76%
CCK	A	0.31%	0.98%	0.31%
CDW	D	-0.09%	0.67%	-0.09%
CMCSA	D	-0.7%	0.98%	-0.7%
DE	B	-0.57%	0.89%	-0.57%
DIS	D	-0.72%	2.15%	-0.72%
FSLR	D	-0.02%	0.62%	-0.02%
GOOGL	D	1.3%	3.5%	1.3%
LIN	B	-0.74%	1.99%	-0.74%
LNG	C	1.07%	0.97%	0.97%
LOW	B	2.05%	1.79%	1.79%
MSFT	C	4.46%	5.99%	4.46%
NFLX	B	-0.15%	0.82%	-0.15%
NTRS	B	0.37%	0.55%	0.37%
NVDA	D	3.66%	5.09%	3.66%
NXPI	F	-0.11%	0.49%	-0.11%
PG	A	-0.32%	2.67%	-0.32%
SFM	B	0.12%	0.07%	0.07%
TRV	A	0.99%	0.14%	0.14%
TSLA	C	-0.55%	1.03%	-0.55%
VLTO	B	0.55%	1.21%	0.55%

FTLS Overweight 353 Positions Relative to FSST

Symbol	Grade	Weight
JNJ	B	2.14%
TMUS	A	2.03%
PM	B	1.98%
QCOM	D	1.98%
SCHW	D	1.89%
FDX	C	1.77%
META	B	1.64%
CME	B	1.59%
MO	C	1.56%
MPC	F	1.55%
VLO	F	1.49%
CL	C	1.45%
PH	B	1.42%
USB	C	1.29%
BRK.A	C	1.21%
GOOG	D	1.09%
ILMN	C	1.07%
CTAS	B	1.06%
LLY	C	1.05%
KMI	B	1.03%
HPQ	D	1.01%
TFC	D	1.0%
AVGO	C	1.0%
FIS	A	0.97%
SYY	C	0.91%
JPM	D	0.89%
ALL	A	0.89%
FANG	F	0.88%
HWM	B	0.85%
PBR	C	0.82%
NTAP	D	0.79%
AFL	B	0.74%
CROX	C	0.64%
SYF	D	0.63%
JBL	D	0.62%
TOL	B	0.62%
INSM	D	0.6%
NVR	B	0.58%
RL	B	0.57%
CSL	C	0.56%
CF	C	0.53%
NVS	B	0.5%
SWK	B	0.49%
VRSN	D	0.48%
MAS	B	0.47%
CAG	B	0.47%
PNR	A	0.47%
TWLO	D	0.47%
OKTA	F	0.46%
VICI	B	0.45%
BJ	D	0.45%
EAT	B	0.42%
GL	C	0.41%
FLEX	D	0.38%
PENN	D	0.38%
TTC	D	0.36%
ALLY	F	0.35%
WRB	C	0.34%
FFIV	A	0.34%
TKO	B	0.33%
ZIM	C	0.32%
DBX	D	0.32%
ASO	C	0.31%
EXP	A	0.29%
LPX	B	0.28%
RPRX	C	0.28%
CRS	B	0.28%
JAZZ	D	0.28%
SNA	B	0.27%
PI	B	0.25%
UHS	B	0.24%
KNSL	C	0.23%
HRB	C	0.22%
CNK	B	0.22%
STNG	D	0.21%
AIZ	C	0.21%
MSM	D	0.2%
EWBC	D	0.2%
MGY	D	0.19%
SAM	F	0.19%
WHD	C	0.19%
THO	C	0.18%
TWST	D	0.17%
OPCH	C	0.17%
ALKS	C	0.17%
ALSN	B	0.16%
ORI	B	0.15%
EXEL	A	0.15%
ADMA	C	0.15%
LOGI	F	0.15%
COLB	C	0.15%
BFAM	B	0.15%
MTG	B	0.14%
AXS	B	0.14%
LEG	D	0.14%
PAA	C	0.14%
PNFP	B	0.14%
PRI	B	0.14%
UMBF	B	0.14%
GLBE	C	0.14%
CBT	B	0.13%
CALM	B	0.13%
MATX	C	0.13%
SIGI	C	0.13%
TXG	D	0.13%
CRC	C	0.13%
WGO	D	0.12%
KRG	B	0.12%
NSA	A	0.12%
HESM	C	0.12%
CBSH	B	0.12%
GM	C	0.12%
YOU	B	0.11%
ENLC	B	0.11%
ABM	D	0.11%
PPC	D	0.11%
SMPL	D	0.11%
SKYW	C	0.11%
AM	B	0.11%
GMS	C	0.11%
MMS	D	0.11%
GFF	C	0.11%
LCII	C	0.1%
ZWS	B	0.1%
VRNA	B	0.1%
FOLD	D	0.1%
CSWI	B	0.1%
ESNT	B	0.1%
GRBK	B	0.1%
FTDR	B	0.1%
LOPE	D	0.09%
DBRG	D	0.09%
EXTR	C	0.09%
EPR	B	0.09%
TBBK	B	0.09%
RDFN	C	0.09%
THG	A	0.09%
NMIH	B	0.08%
RLI	B	0.08%
LANC	D	0.08%
TRMD	D	0.08%
BCRX	C	0.08%
PRGS	B	0.08%
GBCI	C	0.08%
TCBI	B	0.08%
KFY	B	0.08%
CUBI	F	0.08%
MQ	F	0.08%
PBH	B	0.07%
MYGN	C	0.07%
REVG	D	0.07%
AVNT	B	0.07%
HAYW	D	0.07%
OTEX	D	0.07%
AZZ	D	0.07%
CARG	B	0.07%
BOH	C	0.07%
UBSI	C	0.07%
VCYT	B	0.07%
KMPR	D	0.07%
WFG	A	0.06%
GSL	D	0.06%
ROIC	B	0.06%
AUB	C	0.06%
PLXS	B	0.06%
AMPH	C	0.06%
WMB	A	0.06%
COLL	C	0.06%
PLMR	B	0.06%
BRC	B	0.06%
FHB	C	0.06%
ICFI	B	0.06%
EBC	B	0.06%
ADUS	B	0.06%
SUPN	D	0.06%
CDNA	C	0.05%
FAST	C	-0.02%
HON	D	-0.02%
KD	D	-0.02%
LKFN	C	-0.02%
AER	C	-0.02%
NVEE	F	-0.02%
SAIA	D	-0.02%
ENS	D	-0.02%
IBOC	C	-0.02%
EA	C	-0.02%
CVX	D	-0.02%
ARM	D	-0.02%
COHR	C	-0.02%
ALB	D	-0.03%
BE	F	-0.03%
CFLT	F	-0.03%
PRCT	B	-0.03%
RIVN	F	-0.03%
ICHR	F	-0.03%
COTY	D	-0.03%
OSIS	C	-0.03%
PSMT	B	-0.03%
ARLO	F	-0.03%
NWSA	D	-0.03%
CLH	B	-0.03%
RH	C	-0.03%
VSAT	F	-0.03%
BIRK	D	-0.03%
ASPN	D	-0.03%
CRDO	D	-0.03%
MARA	F	-0.03%
UPST	C	-0.03%
VIST	C	-0.03%
HLN	A	-0.03%
RCL	B	-0.03%
SLGN	B	-0.03%
FRO	C	-0.03%
PAR	B	-0.03%
WOLF	F	-0.03%
DNB	C	-0.03%
CBU	C	-0.03%
AMAT	D	-0.04%
ERJ	B	-0.04%
UTZ	C	-0.04%
ENR	D	-0.04%
RDY	D	-0.04%
AMRK	C	-0.04%
MP	D	-0.04%
NEOG	D	-0.04%
FFIN	C	-0.04%
ATEC	F	-0.04%
LMND	D	-0.04%
OSK	D	-0.04%
GPRE	F	-0.04%
EQT	D	-0.04%
UWMC	C	-0.04%
IRTC	F	-0.04%
SDGR	F	-0.04%
APPN	D	-0.04%
BURL	B	-0.04%
CNNE	D	-0.04%
HHH	C	-0.04%
TMO	B	-0.04%
W	D	-0.04%
GKOS	D	-0.04%
SOFI	C	-0.04%
LYFT	D	-0.04%
GE	A	-0.04%
WMT	B	-0.04%
DIOD	F	-0.04%
BVN	D	-0.04%
RUN	C	-0.04%
AMRC	C	-0.04%
RXST	C	-0.04%
AZTA	D	-0.04%
ACVA	B	-0.05%
ACIW	B	-0.05%
CTRA	F	-0.05%
GATX	C	-0.05%
SE	B	-0.06%
WST	F	-0.06%
APO	C	-0.06%
ZD	D	-0.06%
TTD	B	-0.06%
STZ	C	-0.06%
MUFG	D	-0.07%
DLB	D	-0.07%
MSA	D	-0.07%
COP	F	-0.07%
AEO	F	-0.07%
VRRM	D	-0.07%
CHK	D	-0.08%
TRMB	C	-0.08%
MMYT	B	-0.08%
AVAV	D	-0.08%
VAL	F	-0.08%
SSB	B	-0.08%
VNT	D	-0.08%
KTOS	B	-0.08%
R	B	-0.09%
CCOI	C	-0.09%
HCA	A	-0.09%
BA	F	-0.1%
MAT	C	-0.1%
DY	C	-0.1%
VVV	D	-0.11%
HAE	D	-0.11%
IDCC	B	-0.12%
ARGX	B	-0.12%
NSIT	C	-0.13%
ING	B	-0.13%
KEYS	C	-0.14%
STM	F	-0.14%
HQY	C	-0.14%
SLB	F	-0.14%
GPC	D	-0.14%
PKG	B	-0.16%
VMC	D	-0.16%
MU	F	-0.17%
STE	B	-0.17%
ABT	B	-0.17%
ASX	D	-0.17%
GWRE	A	-0.18%
HII	D	-0.19%
TM	F	-0.19%
SYK	B	-0.19%
BWXT	D	-0.19%
URI	C	-0.2%
IPG	C	-0.21%
INFY	B	-0.21%
PCAR	D	-0.22%
HSBC	B	-0.24%
GSK	C	-0.25%
PANW	C	-0.26%
EFX	B	-0.26%
INTC	F	-0.27%
KR	B	-0.27%
FMX	D	-0.27%
DEO	C	-0.29%
CCEP	B	-0.29%
TYL	B	-0.29%
BABA	C	-0.31%
OMC	B	-0.31%
SNPS	D	-0.31%
SAP	A	-0.31%
NSC	C	-0.32%
WAT	C	-0.32%
NOW	B	-0.34%
TTWO	D	-0.34%
GEHC	C	-0.34%
ISRG	B	-0.35%
CMI	C	-0.36%
MMM	A	-0.36%
GEV	B	-0.38%
BK	A	-0.39%
UL	A	-0.41%
LMT	B	-0.42%
TXN	D	-0.43%
ZBH	D	-0.45%
MDLZ	B	-0.45%
MSI	B	-0.46%
HDB	C	-0.46%
MLM	D	-0.48%
MCD	B	-0.48%
UNH	C	-0.49%
XOM	D	-0.52%
WM	D	-0.53%
PNC	B	-0.54%
ETN	C	-0.56%
ASML	D	-0.58%
PAYX	B	-0.63%
VRSK	D	-0.64%
GD	B	-0.64%
CDNS	D	-0.7%
APD	B	-0.73%
PEP	B	-0.74%
ORCL	B	-0.74%

FTLS Underweight 38 Positions Relative to FSST

Symbol	Grade	Weight
MCO	B	-2.5%
CI	B	-2.5%
MRK	D	-2.44%
AXP	B	-2.09%
CRM	D	-2.09%
MA	A	-1.94%
ON	D	-1.8%
KBR	D	-1.66%
BLK	A	-1.66%
PLD	B	-1.48%
DHR	B	-1.45%
NEE	B	-1.4%
GILD	B	-1.24%
ICLR	F	-1.16%
CNC	C	-1.14%
JCI	B	-1.13%
HLT	B	-1.1%
TMHC	B	-1.02%
IR	D	-0.94%
UPS	D	-0.85%
INTU	C	-0.82%
RRX	C	-0.8%
TGNA	C	-0.78%
ZTS	B	-0.73%
MAN	D	-0.69%
SBUX	C	-0.69%
BAC	D	-0.65%
GNRC	D	-0.58%
MRNA	F	-0.54%
DFS	C	-0.53%
CWEN	A	-0.52%
VOYA	A	-0.51%
EXAS	C	-0.5%
TKR	D	-0.5%
APTV	F	-0.48%
EL	F	-0.48%
CVS	D	-0.01%
ACI	D	-0.01%