FUTY vs. SMDY ETF Comparison

Comparison of Fidelity MSCI Utilities Index ETF (FUTY) to Syntax Stratified MidCap ETF (SMDY)

FUTY

Fidelity MSCI Utilities Index ETF

FUTY Description

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

Grade (RS Rating)

Last Trade

$50.90

Average Daily Volume

192,304

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMDY

Syntax Stratified MidCap ETF

SMDY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies comprising the Syntax Stratified MidCap Index. Under normal market conditions, the fund generally invests substantially all, and at least 95%, of its total assets in the securities comprising the index. The index, which was created by Syntax LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P MidCap 400® Index and holds the same constituents as the S&P MidCap 400 Index.

Grade (RS Rating)

Last Trade

$44.22

Average Daily Volume

467

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

Performance

Period	FUTY	SMDY
30 Days	6.04%	2.10%
60 Days	12.26%	1.12%
90 Days	15.12%	5.04%
12 Months	26.03%	18.14%

15 Overlapping Holdings

Symbol	Grade	Weight in FUTY	Weight in SMDY	Overlap
ALE	B	0.29%	0.25%	0.25%
BKH	A	0.32%	0.24%	0.24%
IDA	B	0.41%	0.28%	0.28%
NFG	A	0.41%	0.24%	0.24%
NJR	A	0.36%	0.23%	0.23%
NWE	A	0.26%	0.27%	0.26%
OGE	B	0.62%	0.28%	0.28%
OGS	A	0.31%	0.25%	0.25%
ORA	C	0.31%	0.24%	0.24%
PNM	B	0.27%	0.27%	0.27%
POR	A	0.38%	0.28%	0.28%
SR	A	0.29%	0.24%	0.24%
SWX	C	0.31%	0.21%	0.21%
UGI	B	0.38%	0.24%	0.24%
WTRG	D	0.79%	0.23%	0.23%

FUTY Overweight 51 Positions Relative to SMDY

Symbol	Grade	Weight
NEE	B	13.35%
SO	A	7.56%
DUK	B	6.99%
CEG	C	4.6%
AEP	A	4.23%
SRE	B	4.01%
D	B	3.74%
PEG	A	3.19%
PCG	B	3.11%
EXC	A	3.06%
ED	B	2.8%
XEL	B	2.76%
EIX	B	2.52%
WEC	B	2.34%
AWK	A	2.23%
VST	C	2.17%
ETR	A	2.03%
DTE	A	2.0%
FE	B	1.88%
ES	B	1.86%
PPL	A	1.84%
AEE	A	1.74%
CMS	A	1.61%
ATO	A	1.58%
CNP	C	1.39%
NRG	C	1.3%
LNT	A	1.18%
NI	A	1.17%
EVRG	A	1.08%
AES	C	0.99%
PNW	A	0.79%
MGEE	A	0.25%
AWR	B	0.24%
CWT	A	0.24%
AVA	B	0.23%
OTTR	D	0.22%
CPK	A	0.21%
CWEN	A	0.18%
NEP	D	0.18%
SJW	C	0.14%
NWN	B	0.12%
HE	D	0.1%
NOVA	C	0.09%
MSEX	C	0.08%
CWEN	A	0.07%
UTL	B	0.07%
YORW	C	0.04%
MNTK	F	0.02%
GNE	D	0.02%
AMPS	F	0.02%
OKLO	F	0.01%

FUTY Underweight 376 Positions Relative to SMDY

Symbol	Grade	Weight
SMG	C	-1.82%
COTY	D	-1.64%
DOCS	B	-1.37%
CIEN	C	-1.35%
FYBR	C	-1.28%
LITE	C	-1.28%
IRDM	D	-1.18%
ZD	D	-0.97%
DT	C	-0.83%
OHI	B	-0.7%
SBRA	A	-0.68%
QLYS	F	-0.68%
ACHC	C	-0.68%
THC	B	-0.67%
LNW	B	-0.67%
ARMK	B	-0.63%
COKE	C	-0.59%
TXRH	D	-0.57%
WEN	C	-0.56%
WING	B	-0.54%
UTHR	C	-0.52%
HALO	B	-0.51%
DLB	D	-0.51%
CRUS	D	-0.51%
LAD	C	-0.5%
EXEL	A	-0.49%
PAG	D	-0.49%
POST	C	-0.49%
AMKR	D	-0.48%
ILMN	C	-0.47%
BMRN	F	-0.46%
ERIE	B	-0.46%
TOL	B	-0.45%
TMHC	B	-0.45%
WBS	D	-0.45%
KBH	B	-0.45%
AN	D	-0.45%
SRPT	F	-0.45%
PRGO	C	-0.44%
ASB	D	-0.43%
MTSI	D	-0.43%
RGEN	F	-0.43%
BRBR	C	-0.43%
CYTK	D	-0.42%
GMED	D	-0.42%
CNO	B	-0.42%
PSTG	D	-0.41%
SF	B	-0.41%
SLAB	D	-0.41%
JAZZ	D	-0.4%
IBKR	B	-0.4%
POWI	F	-0.39%
PRI	B	-0.39%
CVLT	B	-0.39%
ONTO	D	-0.39%
PPC	D	-0.38%
SFM	B	-0.38%
ALGM	D	-0.38%
ENOV	F	-0.38%
NBIX	D	-0.38%
NVST	D	-0.38%
MKSI	F	-0.37%
ARWR	F	-0.37%
UNM	B	-0.37%
HRB	C	-0.36%
PCTY	D	-0.36%
LIVN	D	-0.36%
BHF	F	-0.36%
KMPR	D	-0.36%
SYNA	F	-0.36%
FNF	B	-0.35%
MTG	B	-0.35%
BURL	B	-0.34%
MEDP	D	-0.34%
MANH	A	-0.34%
RNR	B	-0.34%
AZTA	D	-0.34%
HAE	D	-0.34%
EQH	C	-0.34%
FAF	A	-0.34%
DBX	D	-0.34%
CPRI	D	-0.33%
LSCC	D	-0.33%
BLKB	B	-0.33%
AMG	C	-0.33%
ESNT	B	-0.33%
INGR	B	-0.33%
MORN	C	-0.32%
WEX	C	-0.32%
NXST	D	-0.32%
JHG	B	-0.32%
MIDD	D	-0.32%
TKO	B	-0.32%
USFD	A	-0.32%
DAR	F	-0.32%
RMBS	F	-0.32%
APPF	D	-0.31%
CAR	F	-0.31%
RGA	B	-0.31%
ESAB	C	-0.31%
NYT	C	-0.31%
JWN	C	-0.31%
PFGC	B	-0.31%
TGNA	C	-0.31%
FHI	B	-0.31%
GHC	C	-0.31%
DUOL	C	-0.3%
FLO	C	-0.3%
CRI	C	-0.3%
SEIC	C	-0.3%
MMS	D	-0.3%
LOPE	D	-0.3%
DKS	D	-0.3%
SAM	F	-0.29%
TEX	D	-0.29%
COLM	B	-0.29%
WU	F	-0.29%
LECO	D	-0.29%
SLM	D	-0.28%
ALTR	D	-0.28%
OSK	D	-0.28%
CG	D	-0.28%
EEFT	F	-0.28%
NSP	F	-0.28%
VOYA	A	-0.28%
MSA	D	-0.28%
SKX	C	-0.27%
TTC	D	-0.27%
HQY	C	-0.27%
ALLY	F	-0.27%
ST	F	-0.27%
CROX	C	-0.26%
LANC	D	-0.26%
BJ	D	-0.26%
GAP	F	-0.26%
CELH	F	-0.26%
OPCH	C	-0.26%
HOG	C	-0.25%
THO	C	-0.25%
EHC	B	-0.25%
TDC	F	-0.25%
WMG	D	-0.25%
VNT	D	-0.25%
G	B	-0.24%
PLNT	B	-0.24%
CGNX	D	-0.24%
M	D	-0.24%
AGCO	D	-0.24%
PVH	D	-0.24%
DTM	B	-0.24%
AMED	D	-0.24%
ZI	D	-0.24%
CNXC	D	-0.24%
CHE	C	-0.24%
SHC	B	-0.23%
GME	F	-0.23%
MUSA	B	-0.23%
PII	D	-0.23%
SCI	A	-0.23%
EXLS	B	-0.23%
LFUS	D	-0.22%
SAIC	B	-0.22%
AM	B	-0.22%
NSA	A	-0.22%
ELS	B	-0.22%
OLLI	C	-0.22%
IRT	A	-0.22%
IPGP	F	-0.22%
CUBE	A	-0.22%
BC	D	-0.22%
ELF	F	-0.21%
ENS	D	-0.21%
CACI	B	-0.21%
RYAN	C	-0.21%
PEN	D	-0.21%
JEF	B	-0.21%
AYI	B	-0.21%
AMH	B	-0.21%
KEX	C	-0.21%
ORI	B	-0.2%
KNSL	C	-0.2%
PGNY	F	-0.2%
LNTH	C	-0.2%
THG	A	-0.2%
VC	F	-0.2%
CASY	C	-0.2%
XPO	D	-0.19%
BCO	B	-0.19%
WSM	C	-0.19%
KNX	C	-0.19%
GNTX	F	-0.19%
FIVE	D	-0.19%
DINO	F	-0.19%
UAA	C	-0.18%
AFG	B	-0.18%
RLI	B	-0.18%
CLH	B	-0.18%
AVTR	B	-0.18%
RGLD	B	-0.18%
FLR	D	-0.18%
XRAY	D	-0.18%
RBA	B	-0.18%
TPX	C	-0.17%
CMC	D	-0.17%
RH	C	-0.17%
R	B	-0.17%
HLI	A	-0.17%
WHR	D	-0.17%
NOV	F	-0.17%
MAT	C	-0.17%
KD	D	-0.17%
CHX	D	-0.17%
EVR	B	-0.17%
NVT	D	-0.17%
UA	C	-0.17%
ANF	D	-0.17%
LSTR	D	-0.17%
JLL	B	-0.17%
SRCL	A	-0.17%
GXO	D	-0.17%
BRKR	D	-0.16%
RS	D	-0.16%
ACM	B	-0.16%
LII	A	-0.16%
TTEK	B	-0.16%
X	D	-0.16%
EXPO	B	-0.16%
RCM	C	-0.16%
SIGI	C	-0.16%
PBF	F	-0.16%
SAIA	D	-0.15%
GATX	C	-0.15%
WFRD	D	-0.15%
ASGN	D	-0.15%
FCN	C	-0.15%
KBR	D	-0.15%
GLPI	B	-0.15%
YETI	D	-0.15%
MP	D	-0.15%
PCH	C	-0.14%
BLD	D	-0.14%
VAL	F	-0.14%
EXP	A	-0.14%
MTZ	B	-0.14%
KNF	B	-0.14%
BYD	C	-0.14%
UMBF	B	-0.14%
MAN	D	-0.14%
FND	C	-0.14%
NEOG	D	-0.14%
FIX	B	-0.14%
VNO	A	-0.13%
TCBI	B	-0.13%
CHDN	B	-0.13%
WTFC	C	-0.13%
BDC	B	-0.13%
CFR	C	-0.13%
EME	A	-0.13%
LPX	B	-0.13%
MASI	D	-0.13%
AA	D	-0.13%
RYN	C	-0.13%
MDU	B	-0.13%
CBSH	B	-0.13%
NOVT	D	-0.13%
HWC	D	-0.13%
CLF	F	-0.13%
CUZ	B	-0.12%
COHR	C	-0.12%
FHN	C	-0.12%
LEA	F	-0.11%
KRC	C	-0.11%
CHH	C	-0.11%
OLED	C	-0.11%
TREX	F	-0.11%
PK	F	-0.1%
ALV	F	-0.1%
TNL	F	-0.1%
FLS	D	-0.1%
GGG	C	-0.1%
MTN	D	-0.1%
RPM	B	-0.1%
AXTA	C	-0.1%
CBT	B	-0.1%
WTS	C	-0.1%
WH	B	-0.1%
VSH	F	-0.1%
AVNT	B	-0.1%
REXR	C	-0.09%
ATR	A	-0.09%
STAG	B	-0.09%
SSD	C	-0.09%
RBC	D	-0.09%
ASH	D	-0.09%
WLK	D	-0.09%
FR	B	-0.09%
HGV	D	-0.09%
HXL	F	-0.09%
NEU	C	-0.09%
DCI	D	-0.09%
ADNT	F	-0.09%
VVV	D	-0.09%
H	D	-0.09%
KRG	B	-0.08%
GTLS	F	-0.08%
MSM	D	-0.08%
ADC	B	-0.08%
PB	B	-0.08%
CR	C	-0.08%
CSL	C	-0.08%
BWXT	D	-0.08%
VLY	C	-0.08%
BRX	B	-0.08%
GT	F	-0.08%
RRX	C	-0.08%
FFIN	C	-0.08%
CNX	B	-0.08%
PNFP	B	-0.08%
GBCI	C	-0.08%
OLN	D	-0.08%
VAC	F	-0.08%
COLB	C	-0.08%
WMS	D	-0.08%
CW	B	-0.08%
TKR	D	-0.08%
SSB	B	-0.08%
AAON	A	-0.08%
EGP	B	-0.08%
VMI	D	-0.08%
WPC	B	-0.08%
HELE	D	-0.08%
WWD	D	-0.07%
PR	D	-0.07%
CACC	F	-0.07%
SNX	D	-0.07%
MUR	F	-0.07%
CNM	F	-0.07%
OZK	D	-0.07%
MTDR	F	-0.07%
IBOC	C	-0.07%
LAMR	A	-0.07%
FNB	D	-0.07%
EWBC	D	-0.07%
CADE	C	-0.07%
ZION	D	-0.07%
NNN	B	-0.07%
AVT	D	-0.07%
CC	F	-0.07%
HOMB	C	-0.07%
AIT	C	-0.07%
ARW	C	-0.07%
OC	C	-0.07%
UBSI	C	-0.07%
SNV	C	-0.07%
EPR	B	-0.07%
ITT	C	-0.07%
ONB	C	-0.07%
TPL	C	-0.07%
AR	D	-0.06%
UFPI	C	-0.06%
GPK	A	-0.06%
RRC	D	-0.06%
CHK	D	-0.06%
SLGN	B	-0.06%
CHRD	F	-0.06%
CCK	A	-0.06%
BERY	B	-0.06%
SWN	D	-0.06%
CIVI	F	-0.06%
STWD	B	-0.06%
OVV	F	-0.06%
WSO	C	-0.06%
WCC	D	-0.06%
SON	C	-0.05%
GEF	D	-0.05%
WOLF	F	-0.04%