ITAN vs. FSST ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to Fidelity Sustainability U.S. Equity ETF (FSST)

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$29.95

Average Daily Volume

5,950

Number of Holdings ^*

150

* 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

$26.95

Average Daily Volume

1,272

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	FSST
30 Days	3.62%	2.95%
60 Days	4.40%	4.04%
90 Days	5.47%	4.91%
12 Months	26.19%	31.24%

14 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in FSST	Overlap
ACI	F	0.32%	0.01%	0.01%
ACN	C	1.68%	1.93%	1.68%
AMZN	C	4.77%	4.16%	4.16%
APTV	D	0.3%	0.48%	0.3%
CMCSA	D	0.99%	0.98%	0.98%
CNC	D	0.69%	1.14%	0.69%
CRM	D	1.91%	2.09%	1.91%
CVS	D	0.96%	0.01%	0.01%
DIS	D	1.06%	2.15%	1.06%
EXAS	C	0.36%	0.5%	0.36%
GILD	B	0.92%	1.24%	0.92%
GOOGL	D	1.81%	3.5%	1.81%
JCI	B	0.64%	1.13%	0.64%
NXPI	F	0.72%	0.49%	0.49%

ITAN Overweight 136 Positions Relative to FSST

Symbol	Grade	Weight
META	B	2.89%
ORCL	C	2.67%
GOOG	D	1.81%
IBM	B	1.79%
QCOM	D	1.76%
CSCO	C	1.69%
T	C	1.63%
PFE	C	1.49%
VZ	B	1.43%
TMUS	C	1.33%
MDT	C	1.3%
WFC	D	1.29%
RTX	C	1.28%
INTC	F	1.2%
DELL	D	1.14%
HON	D	1.12%
BA	F	1.1%
TGT	C	1.06%
BMY	C	0.97%
PYPL	B	0.96%
NOC	B	0.96%
MMM	B	0.95%
LMT	C	0.94%
COF	B	0.91%
FDX	C	0.9%
GM	C	0.89%
PANW	D	0.87%
CMI	C	0.82%
F	F	0.81%
CTSH	C	0.78%
GD	B	0.75%
ALL	B	0.74%
HPQ	D	0.74%
SQ	D	0.74%
BDX	D	0.74%
EBAY	B	0.71%
CHTR	D	0.69%
WDAY	D	0.67%
LHX	C	0.66%
DASH	C	0.65%
WDC	D	0.62%
NTAP	D	0.61%
ADSK	C	0.59%
GLW	C	0.59%
HUM	F	0.58%
BAX	C	0.57%
TEL	D	0.56%
ILMN	C	0.55%
UAL	C	0.54%
HPE	D	0.53%
BBY	C	0.53%
PRU	C	0.53%
J	C	0.53%
LDOS	B	0.52%
DAL	C	0.52%
CAH	C	0.52%
KR	C	0.51%
EXPE	C	0.51%
IQV	C	0.5%
EA	D	0.5%
BIIB	F	0.49%
BAH	C	0.49%
SNAP	F	0.49%
ZBRA	B	0.48%
JNPR	B	0.46%
ZS	F	0.46%
NTNX	C	0.45%
VTRS	D	0.45%
DD	B	0.45%
FFIV	B	0.44%
DGX	B	0.44%
UBER	C	0.44%
DOCU	C	0.44%
ZM	C	0.44%
ROK	D	0.44%
WBD	D	0.43%
OKTA	F	0.42%
CACI	B	0.42%
PSTG	F	0.41%
TRU	B	0.4%
CVNA	B	0.4%
JLL	B	0.4%
ROKU	C	0.4%
ACM	B	0.4%
DVA	B	0.39%
HAL	F	0.38%
TWLO	D	0.38%
AKAM	D	0.37%
MU	F	0.37%
DBX	D	0.37%
JBL	D	0.36%
Z	B	0.36%
CIEN	C	0.35%
AAL	D	0.35%
EMN	B	0.35%
TRMB	C	0.35%
IP	B	0.34%
LUV	C	0.33%
W	D	0.32%
ELAN	D	0.32%
WBA	F	0.32%
TPR	C	0.31%
SWKS	D	0.31%
ALLY	F	0.3%
SWK	B	0.3%
RIVN	F	0.29%
HAS	B	0.29%
LYFT	D	0.28%
JAZZ	D	0.28%
ETSY	F	0.28%
PARA	F	0.27%
TAP	D	0.27%
U	D	0.27%
MTCH	C	0.26%
QRVO	F	0.26%
PII	D	0.26%
DOX	C	0.26%
WHR	D	0.26%
ARW	C	0.26%
RUN	C	0.25%
HRB	C	0.25%
BIO	C	0.24%
PATH	D	0.24%
MAT	C	0.24%
AGCO	D	0.24%
IVZ	B	0.24%
BWA	D	0.23%
ALK	C	0.23%
DLB	D	0.23%
GAP	F	0.22%
NOV	F	0.22%
RHI	D	0.21%
MASI	F	0.21%
FLR	D	0.19%
XRAY	D	0.17%
M	F	0.16%

ITAN Underweight 52 Positions Relative to FSST

Symbol	Grade	Weight
AAPL	C	-6.87%
MSFT	C	-5.99%
NVDA	D	-5.09%
PG	C	-2.67%
MCO	B	-2.5%
CI	C	-2.5%
MRK	D	-2.44%
AXP	B	-2.09%
LIN	B	-1.99%
MA	B	-1.94%
BKR	C	-1.81%
ON	D	-1.8%
LOW	B	-1.79%
KBR	D	-1.66%
BLK	B	-1.66%
PLD	C	-1.48%
DHR	B	-1.45%
NEE	C	-1.4%
AYI	B	-1.31%
AVY	C	-1.29%
VLTO	C	-1.21%
ICLR	D	-1.16%
HLT	B	-1.1%
TSLA	C	-1.03%
TMHC	A	-1.02%
CCK	A	-0.98%
LNG	C	-0.97%
IR	C	-0.94%
DE	B	-0.89%
UPS	D	-0.85%
INTU	C	-0.82%
NFLX	B	-0.82%
RRX	C	-0.8%
TGNA	D	-0.78%
C	C	-0.76%
ZTS	C	-0.73%
MAN	C	-0.69%
SBUX	C	-0.69%
CDW	D	-0.67%
BAC	D	-0.65%
FSLR	C	-0.62%
GNRC	D	-0.58%
NTRS	A	-0.55%
MRNA	F	-0.54%
DFS	B	-0.53%
CWEN	C	-0.52%
VOYA	B	-0.51%
AMD	D	-0.5%
TKR	D	-0.5%
EL	F	-0.48%
TRV	C	-0.14%
SFM	B	-0.07%