GHYB vs. FCOM ETF Comparison

Comparison of Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) to Fidelity MSCI Telecommunication Services Index ETF (FCOM)

GHYB

Goldman Sachs Access High Yield Corporate Bond ETF

GHYB Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Citi Goldman Sachs High Yield Corporate Bond Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of high yield corporate bonds denominated in U.S. dollars ("USD") that meet certain liquidity and fundamental screening criteria.

Grade (RS Rating)

Last Trade

$44.76

Average Daily Volume

11,767

Number of Holdings ^*

144

* may have additional holdings in another (foreign) market

FCOM

Fidelity MSCI Telecommunication Services Index ETF

FCOM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Telecommunication Services 25/50 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 Telecommunication Services 25/50 Index, which represents the performance of the telecommunication services sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Telecommunication Services 25/50 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.02

Average Daily Volume

82,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GHYB	FCOM
30 Days	2.44%	-0.78%
60 Days	2.56%	2.21%
90 Days	3.15%	6.13%
12 Months	9.21%	22.81%

12 Overlapping Holdings

Symbol	Grade	Weight in GHYB	Weight in FCOM	Overlap
AMC	D	0.21%	0.12%	0.12%
AMCX	F	0.05%	0.03%	0.03%
CCO	C	0.15%	0.04%	0.04%
CHTR	C	0.09%	1.88%	0.09%
CNSL	A	0.06%	0.03%	0.03%
FYBR	A	0.15%	0.48%	0.15%
GTN	D	0.16%	0.05%	0.05%
LUMN	C	0.21%	0.18%	0.18%
LYV	C	0.25%	1.09%	0.25%
NXST	A	0.31%	0.54%	0.31%
TGNA	B	0.12%	0.25%	0.12%
TMUS	B	0.07%	3.01%	0.07%

GHYB Overweight 132 Positions Relative to FCOM

Symbol	Grade	Weight
LNG	A	0.42%
XPO	C	0.39%
WFRD	D	0.38%
ARMK	A	0.37%
IQV	B	0.34%
SSNC	A	0.34%
HRI	C	0.32%
HEES	C	0.31%
NFE	F	0.3%
WCC	C	0.29%
HASI	B	0.29%
APA	D	0.29%
AAL	F	0.29%
RIG	D	0.28%
OGN	B	0.27%
LADR	C	0.26%
FTAI	B	0.26%
EM	D	0.25%
CVNA	C	0.25%
CCL	D	0.25%
VGR	B	0.24%
USAC	F	0.24%
MCHP	D	0.24%
MAT	C	0.24%
CC	F	0.24%
CAR	F	0.24%
AVTR	B	0.24%
WES	C	0.24%
TMHC	B	0.23%
NCLH	C	0.23%
ENLC	C	0.23%
GT	D	0.23%
OUT	B	0.22%
MD	D	0.22%
CQP	B	0.22%
WMG	F	0.21%
SWN	F	0.21%
GEL	C	0.21%
CTLT	A	0.21%
BBWI	F	0.21%
UAL	D	0.21%
TROX	D	0.2%
KAR	C	0.19%
EHC	B	0.19%
XRX	F	0.19%
IHRT	D	0.19%
IRM	A	0.19%
TNL	C	0.18%
KW	C	0.18%
VVV	B	0.18%
CHDN	B	0.18%
ACI	F	0.18%
ST	D	0.18%
IT	B	0.18%
AM	D	0.18%
PFGC	C	0.17%
MSCI	C	0.17%
HBI	B	0.17%
IEP	C	0.17%
CRI	F	0.16%
CCS	B	0.16%
FUN	D	0.16%
SEM	B	0.16%
PK	D	0.16%
DELL	F	0.16%
TOL	B	0.16%
NEP	F	0.16%
SUN	D	0.16%
PCG	B	0.16%
STX	C	0.16%
HWM	A	0.16%
BCO	B	0.15%
SVC	D	0.15%
CRL	C	0.14%
DBD	B	0.14%
ADT	B	0.14%
DVA	D	0.14%
RCL	C	0.14%
CLF	F	0.13%
ALLY	A	0.13%
URI	B	0.13%
YUM	D	0.13%
AA	D	0.12%
OLN	F	0.12%
LAMR	C	0.12%
AXL	D	0.12%
FCX	D	0.12%
UBER	F	0.12%
S	C	0.12%
BLDR	C	0.11%
HESM	C	0.11%
SPR	B	0.11%
OI	D	0.11%
VSAT	C	0.11%
MOH	D	0.11%
UNIT	D	0.11%
CCK	B	0.11%
HLT	C	0.11%
SBAC	C	0.11%
CZR	D	0.11%
EQT	F	0.11%
SIRI	D	0.11%
COIN	D	0.1%
SBGI	C	0.1%
BALY	A	0.1%
COMM	C	0.1%
F	D	0.1%
OXY	F	0.1%
ALSN	A	0.09%
RRC	F	0.09%
AR	D	0.09%
GPS	D	0.08%
SSP	D	0.08%
SEE	C	0.08%
HOLX	A	0.08%
AXTA	B	0.08%
NAVI	C	0.07%
DAN	D	0.07%
SCI	A	0.07%
BYD	C	0.06%
NWL	C	0.06%
THC	B	0.06%
LW	F	0.05%
X	C	0.05%
SM	D	0.05%
CYH	B	0.05%
CF	D	0.04%
NBR	C	0.04%
MGM	C	0.04%
OMF	B	0.04%
NRG	D	0.04%
TDG	C	0.03%

GHYB Underweight 77 Positions Relative to FCOM

Symbol	Grade	Weight
META	D	-22.24%
GOOGL	D	-11.98%
GOOG	D	-9.17%
VZ	B	-4.48%
CMCSA	C	-4.43%
NFLX	D	-4.28%
DIS	F	-3.97%
T	B	-3.89%
EA	B	-1.75%
TTD	D	-1.68%
RBLX	C	-1.42%
TTWO	F	-1.34%
WBD	D	-1.28%
OMC	A	-1.22%
PINS	F	-1.21%
IPG	C	-1.05%
SNAP	F	-1.01%
NWSA	B	-0.93%
FOXA	A	-0.81%
MTCH	C	-0.8%
NYT	C	-0.74%
TKO	C	-0.72%
LBRDK	C	-0.69%
ROKU	F	-0.66%
PARA	D	-0.53%
EDR	A	-0.44%
FOX	A	-0.44%
IAC	B	-0.36%
MSGS	B	-0.28%
IRDM	D	-0.28%
ZI	F	-0.27%
LSXMK	D	-0.27%
CCOI	C	-0.26%
CNK	A	-0.22%
SATS	C	-0.22%
YELP	F	-0.21%
ZD	F	-0.2%
TDS	C	-0.19%
CARG	D	-0.19%
CABO	D	-0.17%
TRIP	F	-0.17%
MGNI	C	-0.16%
LILAK	B	-0.12%
CARS	B	-0.11%
SSTK	C	-0.1%
LBRDA	C	-0.1%
MSGE	B	-0.1%
SHEN	C	-0.09%
QNST	B	-0.09%
LGF.A	D	-0.09%
BMBL	F	-0.08%
IMAX	A	-0.08%
GSAT	D	-0.08%
PUBM	C	-0.08%
IAS	D	-0.07%
SCHL	F	-0.07%
TTGT	C	-0.07%
USM	C	-0.07%
EVER	B	-0.06%
IDT	C	-0.06%
ZIP	F	-0.06%
THRY	D	-0.06%
VMEO	D	-0.05%
GOGO	F	-0.05%
STGW	D	-0.05%
FUBO	D	-0.04%
EB	F	-0.04%
ADV	C	-0.04%
ATEX	B	-0.04%
LGF.A	D	-0.04%
MAX	F	-0.04%
ATNI	C	-0.03%
MCS	D	-0.03%
BOC	D	-0.03%
LILA	B	-0.03%
ATUS	F	-0.03%
ANGI	C	-0.01%