MISL vs. FSST ETF Comparison

Comparison of First Trust Indxx Aerospace & Defense ETF (MISL) to Fidelity Sustainability U.S. Equity ETF (FSST)

MISL

First Trust Indxx Aerospace & Defense ETF

MISL Description

The First Trust Indxx Aerospace & Defense ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Indxx US Aerospace & Defense Index (the "Index"). Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks that comprise the Index.

Grade (RS Rating)

Last Trade

$31.86

Average Daily Volume

32,071

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

$27.81

Average Daily Volume

1,221

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MISL	FSST
30 Days	-1.73%	2.16%
60 Days	1.94%	3.89%
90 Days	2.72%	5.37%
12 Months	33.17%	31.96%

1 Overlapping Holdings

	Symbol	Grade	Weight in MISL	Weight in FSST	Overlap
	KBR	F	2.22%	1.61%	1.61%

MISL Overweight 31 Positions Relative to FSST

Symbol	Grade	Weight
GD	D	7.96%
RTX	D	7.82%
BA	F	7.46%
TDG	D	7.35%
LMT	D	7.27%
HWM	A	4.44%
HEI	A	4.26%
LHX	C	4.11%
LDOS	C	4.09%
TXT	D	3.99%
NOC	D	3.86%
CW	C	3.83%
CACI	D	3.04%
PSN	D	2.95%
WWD	C	2.86%
RKLB	A	2.39%
HII	F	2.12%
NPAB	F	2.1%
MOG.A	B	1.93%
SAIC	F	1.73%
AVAV	C	1.59%
HXL	F	1.36%
KTOS	B	1.06%
SPR	D	0.98%
AIR	B	0.67%
MRCY	C	0.67%
TGI	B	0.38%
LUNR	B	0.36%
DCO	C	0.28%
ATRO	D	0.16%
NPK	B	0.15%

MISL Underweight 65 Positions Relative to FSST

Symbol	Grade	Weight
AAPL	C	-7.52%
MSFT	D	-6.22%
NVDA	B	-6.17%
GOOGL	C	-3.43%
AMZN	C	-3.17%
PG	C	-2.98%
MCO	B	-2.6%
CI	D	-2.51%
CRM	B	-2.3%
AXP	A	-2.28%
DIS	B	-2.24%
MA	B	-2.15%
LIN	C	-2.1%
LOW	C	-1.99%
BLK	B	-1.9%
MRK	D	-1.79%
BKR	A	-1.76%
ON	D	-1.66%
NEE	C	-1.57%
PLD	F	-1.53%
DHR	F	-1.46%
GILD	C	-1.41%
AVY	F	-1.32%
HLT	A	-1.24%
JCI	B	-1.24%
TSLA	B	-1.22%
CNC	D	-1.13%
TMHC	C	-1.09%
AYI	B	-1.07%
DE	B	-1.06%
CCK	D	-1.06%
ICLR	D	-1.05%
CMCSA	B	-1.03%
EL	F	-0.99%
NFLX	A	-0.97%
LNG	A	-0.96%
UPS	C	-0.91%
ZTS	D	-0.84%
RRX	B	-0.83%
PSA	C	-0.82%
TGNA	B	-0.79%
VLTO	C	-0.78%
IR	B	-0.77%
C	A	-0.77%
INTU	B	-0.76%
FSLR	F	-0.73%
CDW	F	-0.73%
SBUX	A	-0.71%
DELL	B	-0.71%
MAN	F	-0.68%
GEN	B	-0.65%
BAC	A	-0.64%
DFS	B	-0.64%
CWEN	C	-0.62%
AMD	F	-0.6%
GNRC	C	-0.59%
PHM	D	-0.55%
NTRS	A	-0.55%
HIG	B	-0.52%
EXAS	D	-0.51%
ACN	B	-0.51%
TKR	D	-0.5%
NXPI	D	-0.47%
MRNA	F	-0.31%
ESNT	F	-0.26%