FUTY vs. SPDV ETF Comparison

Comparison of Fidelity MSCI Utilities Index ETF (FUTY) to AAM S&P 500 High Dividend Value ETF (SPDV)

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

$52.44

Average Daily Volume

289,758

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPDV

AAM S&P 500 High Dividend Value ETF

SPDV Description

The investment seeks to track the total return performance, before fees and expenses, of the S&P 500 Dividend and Free Cash Flow Yield Index. The index is a rules-based, equal-weighted index that is designed to provide exposure to the constituents of the S&P 500® Index that exhibit both high dividend yield and sustainable dividend distribution characteristics, while maintaining diversified sector exposure. At least 80% of the fund?s net assets, plus borrowings for investment purposes, will be invested in equity securities that (i) are included in the S&P 500 Index and (ii) have had a positive indicated annual dividend yield within the past year.

Grade (RS Rating)

Last Trade

$34.83

Average Daily Volume

3,148

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FUTY	SPDV
30 Days	-0.32%	4.09%
60 Days	1.61%	5.48%
90 Days	8.69%	8.23%
12 Months	35.17%	33.92%

4 Overlapping Holdings

Symbol	Grade	Weight in FUTY	Weight in SPDV	Overlap
NEE	D	11.85%	1.71%	1.71%
NRG	B	1.46%	2.15%	1.46%
VST	B	3.69%	3.59%	3.59%
WEC	A	2.33%	2.0%	2.0%

FUTY Overweight 63 Positions Relative to SPDV

Symbol	Grade	Weight
SO	D	7.27%
DUK	C	6.55%
CEG	D	5.45%
SRE	A	4.39%
AEP	D	3.79%
D	C	3.61%
PEG	A	3.32%
PCG	A	3.27%
XEL	A	2.93%
EXC	C	2.92%
ED	D	2.52%
EIX	B	2.42%
ETR	B	2.41%
AWK	D	1.97%
DTE	C	1.89%
PPL	B	1.88%
AEE	A	1.83%
FE	C	1.71%
ATO	A	1.67%
ES	D	1.66%
CMS	C	1.54%
CNP	B	1.47%
NI	A	1.24%
LNT	A	1.17%
EVRG	A	1.11%
PNW	B	0.79%
WTRG	B	0.76%
AES	F	0.76%
OGE	B	0.64%
IDA	A	0.45%
NFG	A	0.4%
UGI	A	0.37%
NJR	A	0.36%
POR	C	0.36%
ORA	B	0.33%
BKH	A	0.33%
SWX	B	0.33%
OGS	A	0.32%
PNM	F	0.3%
ALE	A	0.29%
SR	A	0.29%
MGEE	C	0.29%
MDU	D	0.27%
NWE	B	0.26%
AWR	B	0.24%
OTTR	C	0.23%
CPK	A	0.22%
CWT	D	0.22%
AVA	A	0.22%
CWEN	C	0.17%
SJW	D	0.13%
NWN	A	0.12%
NEP	F	0.12%
HE	C	0.12%
MSEX	B	0.09%
CWEN	C	0.07%
UTL	B	0.07%
OKLO	B	0.06%
YORW	D	0.04%
NOVA	F	0.03%
GNE	D	0.02%
MNTK	F	0.02%
AMPS	C	0.02%

FUTY Underweight 50 Positions Relative to SPDV

Symbol	Grade	Weight
TPR	B	-2.34%
WMB	A	-2.33%
KMI	A	-2.24%
SNA	A	-2.23%
BMY	B	-2.18%
CMI	A	-2.16%
IP	B	-2.14%
CF	B	-2.12%
MMM	D	-2.08%
CSCO	B	-2.07%
KEY	B	-2.03%
GILD	C	-2.03%
SPG	B	-2.02%
T	A	-2.01%
BXP	D	-2.0%
IBM	C	-1.96%
HBAN	A	-1.96%
MO	A	-1.91%
TAP	C	-1.9%
CMCSA	B	-1.9%
USB	A	-1.9%
VTRS	A	-1.88%
OMC	C	-1.84%
VZ	C	-1.79%
TFC	A	-1.78%
HPE	B	-1.77%
IVZ	B	-1.76%
HAS	D	-1.75%
DOC	D	-1.74%
CVX	A	-1.74%
AMCR	D	-1.73%
UPS	C	-1.72%
HST	C	-1.7%
BBY	D	-1.67%
SWK	D	-1.66%
HPQ	B	-1.63%
CVS	D	-1.63%
IPG	D	-1.61%
ABBV	D	-1.6%
VLO	C	-1.59%
KHC	F	-1.57%
CAG	D	-1.52%
ARE	D	-1.51%
LYB	F	-1.45%
ADM	D	-1.43%
LKQ	D	-1.41%
DOW	F	-1.38%
F	C	-1.32%
APA	D	-1.23%
SWKS	F	-1.23%