LCG vs. FPRO ETF Comparison

Comparison of Sterling Capital Focus Equity ETF (LCG) to Fidelity Real Estate Investment ETF (FPRO)

LCG

Sterling Capital Focus Equity ETF

LCG Description

Seeks positions featuring attractive and sustainable multi-year return profiles underpinned by businesses perceived to possess: Robust financial returns and visible reinvestment opportunities Talented management Exposure to the four pillars: operating growth, strong balance sheets, high profitability, and attractive valuations

Grade (RS Rating)

Last Trade

$29.52

Average Daily Volume

8,484

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPRO

Fidelity Real Estate Investment ETF

FPRO Description

The investment seeks above-average income and long-term capital growth, consistent with reasonable investment risk. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. The fund normally invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. It invests in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.56

Average Daily Volume

5,920

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LCG	FPRO
30 Days	2.18%	-2.79%
60 Days	1.24%	-3.75%
90 Days	5.44%	2.58%
12 Months	15.91%	20.46%

1 Overlapping Holdings

	Symbol	Grade	Weight in LCG	Weight in FPRO	Overlap
	CSGP	F	6.38%	1.36%	1.36%

LCG Overweight 18 Positions Relative to FPRO

Symbol	Grade	Weight
SHOP	B	9.42%
SPGI	C	7.79%
AMZN	B	4.83%
IDXX	F	4.81%
GOOG	B	4.7%
VEEV	C	4.49%
SAIA	C	4.47%
MDB	C	4.44%
MSCI	A	4.36%
HUBS	B	3.87%
ODFL	B	3.72%
NOW	B	3.68%
WDAY	C	3.63%
ASML	F	3.56%
TEAM	B	3.36%
CDNS	B	3.14%
SNPS	C	3.12%
MSFT	D	3.08%

LCG Underweight 39 Positions Relative to FPRO

Symbol	Grade	Weight
PLD	D	-10.01%
AMT	D	-9.56%
EQIX	A	-7.21%
PSA	C	-5.89%
VTR	C	-5.69%
WELL	A	-5.23%
CBRE	B	-4.11%
KIM	A	-3.9%
NNN	C	-3.78%
UDR	C	-3.51%
CUBE	C	-3.33%
DLR	A	-3.31%
EQR	C	-2.75%
SUI	D	-2.69%
COLD	F	-2.21%
CCI	C	-2.18%
AMH	C	-2.09%
MAA	A	-2.02%
EXR	C	-1.92%
INVH	D	-1.57%
UE	B	-1.36%
LAMR	D	-1.29%
SBAC	C	-1.17%
CPT	D	-1.08%
STAG	D	-1.07%
REG	A	-0.92%
FCPT	C	-0.84%
PECO	A	-0.77%
TRNO	D	-0.73%
SKT	A	-0.68%
WY	D	-0.64%
COMP	B	-0.55%
RHP	B	-0.45%
ELME	D	-0.42%
ELS	B	-0.4%
MAC	A	-0.34%
AKR	A	-0.24%
IVT	A	-0.09%
DRH	B	-0.02%