LVOL vs. FSST ETF Comparison

Comparison of American Century Low Volatility ETF (LVOL) to Fidelity Sustainability U.S. Equity ETF (FSST)

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$56.03

Average Daily Volume

251

Number of Holdings ^*

* 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

$27.94

Average Daily Volume

1,225

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LVOL	FSST
30 Days	2.27%	2.99%
60 Days	3.47%	4.26%
90 Days	5.50%	5.87%
12 Months	22.98%	32.59%

19 Overlapping Holdings

Symbol	Grade	Weight in LVOL	Weight in FSST	Overlap
AAPL	C	7.05%	7.52%	7.05%
ACN	C	2.47%	0.51%	0.51%
AMZN	C	2.9%	3.17%	2.9%
AVY	D	0.18%	1.32%	0.18%
BLK	C	0.63%	1.9%	0.63%
CMCSA	B	0.41%	1.03%	0.41%
CRM	B	0.52%	2.3%	0.52%
GOOGL	C	2.35%	3.43%	2.35%
HIG	B	0.64%	0.52%	0.52%
HLT	A	0.15%	1.24%	0.15%
INTU	C	1.53%	0.76%	0.76%
LIN	D	2.43%	2.1%	2.1%
LOW	D	0.69%	1.99%	0.69%
MA	C	2.64%	2.15%	2.15%
MCO	B	0.85%	2.6%	0.85%
MRK	F	1.45%	1.79%	1.45%
MSFT	F	7.69%	6.22%	6.22%
PG	A	2.59%	2.98%	2.59%
PSA	D	0.56%	0.82%	0.56%

LVOL Overweight 79 Positions Relative to FSST

Symbol	Grade	Weight
V	A	3.17%
CSCO	B	2.61%
BRK.A	B	2.48%
HD	A	2.43%
JNJ	D	2.1%
APH	A	1.93%
MMC	B	1.82%
CTAS	B	1.79%
COST	B	1.75%
MDT	D	1.67%
SPGI	C	1.54%
CTSH	B	1.49%
ABT	B	1.33%
HON	B	1.32%
PAYX	C	1.32%
PTC	A	1.26%
DOX	D	1.23%
BSX	B	1.08%
PEP	F	1.03%
RSG	A	1.01%
SHW	A	1.0%
FI	A	0.99%
ECL	D	0.92%
GD	F	0.9%
MSI	B	0.88%
WM	A	0.85%
CL	D	0.84%
WMT	A	0.83%
ITW	B	0.8%
DOV	A	0.79%
ADSK	A	0.77%
ROP	B	0.76%
EA	A	0.75%
GOOG	C	0.74%
AMP	A	0.71%
TDY	B	0.67%
CB	C	0.65%
SYK	C	0.57%
NDSN	B	0.55%
FAST	B	0.54%
GWW	B	0.54%
MCD	D	0.53%
KMB	D	0.5%
IT	C	0.46%
VRSK	A	0.46%
YUM	B	0.43%
IBM	C	0.4%
SNA	A	0.4%
OTIS	C	0.38%
NTAP	C	0.37%
PH	A	0.36%
NOW	A	0.35%
IEX	B	0.33%
ADP	B	0.31%
BR	A	0.3%
BMY	B	0.27%
ABBV	D	0.25%
AVB	B	0.24%
PKG	A	0.24%
CMI	A	0.24%
ZBH	C	0.22%
BKNG	A	0.2%
HOLX	D	0.2%
MAS	D	0.19%
KO	D	0.19%
MDLZ	F	0.18%
FDS	B	0.18%
MNST	C	0.18%
VRSN	F	0.18%
MSCI	C	0.17%
FFIV	B	0.16%
TROW	B	0.16%
AMGN	D	0.14%
JKHY	D	0.14%
CW	B	0.12%
GGG	B	0.08%
LSTR	D	0.08%
DCI	B	0.08%
CHE	D	0.07%

LVOL Underweight 47 Positions Relative to FSST

Symbol	Grade	Weight
NVDA	C	-6.17%
CI	F	-2.51%
AXP	A	-2.28%
DIS	B	-2.24%
BKR	B	-1.76%
ON	D	-1.66%
KBR	F	-1.61%
NEE	D	-1.57%
PLD	D	-1.53%
DHR	F	-1.46%
GILD	C	-1.41%
JCI	C	-1.24%
TSLA	B	-1.22%
CNC	D	-1.13%
TMHC	B	-1.09%
AYI	B	-1.07%
DE	A	-1.06%
CCK	C	-1.06%
ICLR	D	-1.05%
EL	F	-0.99%
NFLX	A	-0.97%
LNG	B	-0.96%
UPS	C	-0.91%
ZTS	D	-0.84%
RRX	B	-0.83%
TGNA	B	-0.79%
VLTO	D	-0.78%
IR	B	-0.77%
C	A	-0.77%
FSLR	F	-0.73%
CDW	F	-0.73%
SBUX	A	-0.71%
DELL	C	-0.71%
MAN	D	-0.68%
GEN	B	-0.65%
BAC	A	-0.64%
DFS	B	-0.64%
CWEN	C	-0.62%
AMD	F	-0.6%
GNRC	B	-0.59%
PHM	D	-0.55%
NTRS	A	-0.55%
EXAS	D	-0.51%
TKR	D	-0.5%
NXPI	D	-0.47%
MRNA	F	-0.31%
ESNT	D	-0.26%