IYC vs. FBUF ETF Comparison

Comparison of iShares U.S. Consumer Services ETF (IYC) to Fidelity Dynamic Buffered Equity ETF (FBUF)

IYC

iShares U.S. Consumer Services ETF

IYC Description

The investment seeks to track the investment results of an index composed of U.S. equities in the consumer services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Consumer Services Index (the "underlying index"), which measures the performance of the consumer services sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$95.99

Average Daily Volume

100,679

Number of Holdings ^*

173

* may have additional holdings in another (foreign) market

FBUF

Fidelity Dynamic Buffered Equity ETF

FBUF Description

FBUF seeks capital appreciation by investing in a large-cap equity portfolio of US and foreign stocks while utilizing a defensive options collar strategy. The fund aims to outperform the S&P 500 by picking stocks using a computer-aided, quantitative analysis of historical valuation, growth, and profitability, among other factors. The proprietary process seeks to find the optimal portfolio holdings, overweight stocks with positive characteristics, and manage benchmark relative risks. For the options strategy, the fund typically buys out-of-the-money put options on the S&P 500 Index and simultaneously sells out-of-the-money S&P 500 Index call options. Premium earned from writing calls is intended to offset the cost of buying puts, but this essentially caps the upside returns of the equity portfolio. For a continuous downside hedge, the adviser selects put options through a laddered approach that rolls monthly. The adviser diversifies the written call positions, which are rolled weekly, with different strike prices and expiration dates.

Grade (RS Rating)

Last Trade

$27.53

Average Daily Volume

5,177

Number of Holdings ^*

155

* may have additional holdings in another (foreign) market

Performance

Period	IYC	FBUF
30 Days	10.70%	3.10%
60 Days	9.75%	4.70%
90 Days	14.50%	6.08%
12 Months	36.06%

21 Overlapping Holdings

Symbol	Grade	Weight in IYC	Weight in FBUF	Overlap
AMZN	C	14.29%	3.84%	3.84%
BBWI	D	0.11%	0.16%	0.11%
CMG	B	1.29%	0.47%	0.47%
COST	B	4.5%	0.3%	0.3%
CVNA	B	0.44%	0.52%	0.44%
DIS	B	3.33%	0.65%	0.65%
F	C	0.7%	0.33%	0.33%
GAP	C	0.07%	0.21%	0.07%
GRMN	B	0.52%	0.44%	0.44%
HD	A	4.46%	1.32%	1.32%
LNW	D	0.13%	0.16%	0.13%
LYFT	C	0.1%	0.08%	0.08%
MGM	D	0.14%	0.23%	0.14%
NFLX	A	4.53%	1.28%	1.28%
PLTK	B	0.01%	0.07%	0.01%
TJX	A	2.19%	0.72%	0.72%
TNL	A	0.06%	0.04%	0.04%
TOL	B	0.25%	0.02%	0.02%
TSLA	B	8.66%	1.27%	1.27%
UBER	D	2.24%	0.24%	0.24%
WMT	A	4.38%	0.82%	0.82%

IYC Overweight 152 Positions Relative to FBUF

Symbol	Grade	Weight
MCD	D	3.38%
BKNG	A	2.74%
LOW	D	2.39%
SBUX	A	1.8%
NKE	D	1.43%
TGT	F	1.16%
ORLY	B	1.12%
MAR	B	1.03%
HLT	A	0.99%
GM	B	0.99%
ABNB	C	0.93%
RCL	A	0.9%
TTD	B	0.85%
AZO	C	0.85%
CPRT	A	0.79%
DHI	D	0.78%
ROST	C	0.74%
EA	A	0.72%
DAL	C	0.67%
LEN	D	0.65%
YUM	B	0.6%
LULU	C	0.59%
TTWO	A	0.52%
UAL	A	0.5%
EBAY	D	0.5%
TSCO	D	0.47%
CPNG	D	0.45%
PHM	D	0.43%
RBLX	C	0.43%
DECK	A	0.43%
NVR	D	0.41%
CCL	B	0.4%
WBD	C	0.37%
EXPE	B	0.36%
LYV	A	0.34%
DKNG	B	0.32%
OMC	C	0.31%
DRI	B	0.31%
LUV	C	0.31%
BBY	D	0.3%
BURL	A	0.28%
LVS	C	0.28%
WSM	B	0.28%
FWONK	B	0.27%
DG	F	0.27%
GPC	D	0.27%
ULTA	F	0.26%
DPZ	C	0.25%
EL	F	0.24%
APTV	D	0.23%
POOL	C	0.22%
ROL	B	0.22%
TPR	B	0.21%
TXRH	C	0.21%
DLTR	F	0.21%
SCI	B	0.2%
DUOL	A	0.19%
KMX	B	0.19%
NWSA	B	0.18%
DKS	C	0.18%
NCLH	B	0.18%
BJ	A	0.18%
TKO	B	0.17%
GME	C	0.17%
IPG	D	0.17%
FND	C	0.17%
FOXA	B	0.17%
CAVA	B	0.17%
CHDN	B	0.16%
MUSA	A	0.16%
WING	D	0.16%
ARMK	B	0.16%
LKQ	D	0.16%
LAD	A	0.16%
WYNN	D	0.15%
AAL	B	0.15%
NYT	C	0.14%
PLNT	A	0.14%
HAS	D	0.14%
TPX	B	0.14%
SKX	D	0.13%
CZR	F	0.13%
RL	B	0.13%
RIVN	F	0.13%
WH	B	0.12%
BWA	D	0.12%
HRB	D	0.12%
SN	D	0.11%
ELF	C	0.11%
MTN	C	0.11%
ALK	C	0.11%
H	B	0.11%
GNTX	C	0.11%
VFC	C	0.11%
UHAL	D	0.1%
PARA	C	0.1%
SIRI	C	0.1%
SITE	D	0.1%
MAT	D	0.1%
BFAM	D	0.1%
BROS	B	0.09%
OLLI	D	0.09%
PVH	C	0.09%
THO	B	0.09%
FOX	A	0.09%
WHR	B	0.09%
CROX	D	0.09%
ETSY	D	0.09%
LOPE	B	0.08%
RH	B	0.08%
BYD	C	0.08%
VVV	F	0.08%
NXST	C	0.08%
LEA	D	0.08%
CHH	A	0.07%
MSGS	A	0.07%
M	D	0.07%
AN	C	0.07%
FIVE	F	0.07%
NWS	B	0.06%
NWL	B	0.06%
W	F	0.06%
HOG	D	0.06%
PAG	B	0.05%
PENN	C	0.05%
WEN	D	0.05%
LLYVK	A	0.05%
VAC	B	0.05%
YETI	C	0.05%
PII	D	0.05%
JWN	C	0.04%
AAP	C	0.04%
CPRI	F	0.04%
COTY	F	0.04%
COLM	B	0.04%
UA	C	0.03%
FWONA	B	0.03%
CAR	C	0.03%
QS	F	0.03%
UAA	C	0.03%
LEN	D	0.03%
BIRK	D	0.03%
KSS	F	0.03%
CRI	D	0.03%
LCID	F	0.03%
AS	B	0.02%
DDS	B	0.02%
LLYVA	A	0.02%
TRIP	F	0.02%
LEG	F	0.02%
UHAL	D	0.01%
PARAA	B	0.0%

IYC Underweight 134 Positions Relative to FBUF

Symbol	Grade	Weight
NVDA	C	-7.37%
AAPL	C	-7.34%
MSFT	F	-5.66%
META	D	-2.89%
BRK.A	B	-2.2%
GOOGL	C	-2.04%
JPM	A	-1.93%
GOOG	C	-1.89%
AVGO	D	-1.62%
XOM	B	-1.56%
MA	C	-1.36%
BAC	A	-1.18%
CRM	B	-1.16%
MRK	F	-0.96%
PM	B	-0.94%
ADBE	C	-0.94%
ABBV	D	-0.91%
QCOM	F	-0.85%
CMCSA	B	-0.84%
NEE	D	-0.82%
CSCO	B	-0.8%
PG	A	-0.8%
SCHW	B	-0.79%
LLY	F	-0.76%
UNP	C	-0.75%
BMY	B	-0.74%
GILD	C	-0.74%
JNJ	D	-0.73%
PYPL	B	-0.72%
C	A	-0.72%
T	A	-0.71%
LMT	D	-0.71%
TT	A	-0.68%
PGR	A	-0.67%
AMAT	F	-0.67%
V	A	-0.65%
CTAS	B	-0.65%
ECL	D	-0.63%
CI	F	-0.63%
ABT	B	-0.63%
KLAC	D	-0.61%
SQ	B	-0.6%
NOC	D	-0.6%
BDX	F	-0.58%
UNH	C	-0.57%
CL	D	-0.55%
SEIC	B	-0.54%
MMC	B	-0.53%
ZM	B	-0.53%
CAT	B	-0.53%
DBX	B	-0.52%
ZBRA	B	-0.52%
DVN	F	-0.52%
MU	D	-0.5%
NOW	A	-0.5%
TXT	D	-0.5%
CSX	B	-0.49%
GE	D	-0.48%
EOG	A	-0.48%
IGT	F	-0.46%
CME	A	-0.44%
SPG	B	-0.44%
MSI	B	-0.43%
AXP	A	-0.43%
EXEL	B	-0.43%
WM	A	-0.41%
PFE	D	-0.41%
TMO	F	-0.38%
HWM	A	-0.38%
ALLE	D	-0.38%
PCAR	B	-0.37%
NUE	C	-0.36%
ANF	C	-0.35%
TDC	D	-0.35%
ALRM	C	-0.34%
PPG	F	-0.34%
INCY	C	-0.34%
LDOS	C	-0.31%
SKYW	B	-0.31%
CAH	B	-0.31%
RTX	C	-0.28%
TMUS	B	-0.28%
MEDP	D	-0.28%
TROW	B	-0.28%
WFC	A	-0.28%
TRV	B	-0.26%
ADP	B	-0.26%
MSCI	C	-0.26%
AMGN	D	-0.25%
SYK	C	-0.24%
LRCX	F	-0.24%
CVS	D	-0.23%
RSG	A	-0.23%
AMT	D	-0.21%
LHX	C	-0.21%
SPGI	C	-0.21%
BIIB	F	-0.21%
FTNT	C	-0.2%
PEP	F	-0.19%
MMM	D	-0.19%
TPH	D	-0.18%
SSNC	B	-0.18%
CACI	D	-0.17%
PSA	D	-0.17%
OXY	D	-0.15%
IDXX	F	-0.15%
VST	B	-0.14%
CLX	B	-0.14%
ITW	B	-0.14%
GL	B	-0.13%
GEN	B	-0.13%
KR	B	-0.12%
BK	A	-0.12%
INTU	C	-0.12%
AON	A	-0.12%
NSC	B	-0.11%
DASH	A	-0.11%
LPLA	A	-0.11%
UNM	A	-0.1%
ED	D	-0.1%
AME	A	-0.09%
TWLO	A	-0.09%
NRG	B	-0.09%
DOCU	A	-0.09%
CINF	A	-0.07%
CRUS	D	-0.07%
QRVO	F	-0.06%
NBIX	C	-0.06%
ANET	C	-0.06%
ORCL	B	-0.04%
VEEV	C	-0.04%
UTHR	C	-0.04%
CVX	A	-0.02%
PEGA	A	-0.02%