MPAY vs. FBUF ETF Comparison
Comparison of Akros Monthly Payout ETF (MPAY) to Fidelity Dynamic Buffered Equity ETF (FBUF)
MPAY
Akros Monthly Payout ETF
MPAY Description
MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.
Grade (RS Rating)
Last Trade
$25.58
Average Daily Volume
712
51
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
$27.45
Average Daily Volume
3,480
155
Performance
| Period | MPAY | FBUF |
|---|---|---|
| 30 Days | -0.57% | 2.51% |
| 60 Days | 0.83% | 5.65% |
| 90 Days | 2.19% | 7.03% |
| 12 Months | 23.86% |
35 Overlapping Holdings
| Symbol | Grade | Weight in MPAY | Weight in FBUF | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 5.94% | 7.13% | 5.94% | |
| ABBV | F | 1.45% | 0.93% | 0.93% | |
| ABT | C | 1.23% | 0.62% | 0.62% | |
| ADBE | C | 1.57% | 0.98% | 0.98% | |
| ADP | A | 1.24% | 0.26% | 0.26% | |
| AMAT | F | 1.45% | 0.72% | 0.72% | |
| AMZN | A | 4.97% | 3.92% | 3.92% | |
| CAT | B | 1.28% | 0.53% | 0.53% | |
| COST | B | 1.77% | 0.3% | 0.3% | |
| CRM | B | 1.43% | 1.22% | 1.22% | |
| CSCO | A | 1.28% | 0.81% | 0.81% | |
| CVX | A | 1.32% | 0.02% | 0.02% | |
| GOOGL | C | 4.73% | 2.08% | 2.08% | |
| HD | B | 1.74% | 1.28% | 1.28% | |
| JNJ | D | 1.46% | 0.71% | 0.71% | |
| KLAC | F | 1.32% | 0.65% | 0.65% | |
| LLY | F | 3.04% | 0.85% | 0.85% | |
| LMT | D | 1.23% | 0.74% | 0.74% | |
| MA | B | 1.76% | 1.36% | 1.36% | |
| MRK | F | 1.53% | 0.76% | 0.76% | |
| MSFT | C | 5.7% | 5.68% | 5.68% | |
| NFLX | A | 1.44% | 1.24% | 1.24% | |
| NOW | A | 1.46% | 0.51% | 0.51% | |
| NVDA | A | 6.38% | 7.69% | 6.38% | |
| ORCL | A | 1.78% | 0.04% | 0.04% | |
| PEP | D | 1.25% | 0.19% | 0.19% | |
| PM | B | 1.27% | 0.87% | 0.87% | |
| QCOM | F | 1.36% | 0.83% | 0.83% | |
| RTX | D | 1.19% | 0.28% | 0.28% | |
| TJX | A | 1.28% | 0.71% | 0.71% | |
| TSLA | B | 1.83% | 1.18% | 1.18% | |
| UNH | B | 1.74% | 0.59% | 0.59% | |
| V | A | 1.77% | 0.63% | 0.63% | |
| WMT | A | 2.21% | 0.81% | 0.81% | |
| XOM | B | 1.55% | 1.54% | 1.54% |
MPAY Underweight 120 Positions Relative to FBUF
| Symbol | Grade | Weight | |
|---|---|---|---|
| META | B | -3.01% | |
| BRK.A | B | -2.14% | |
| GOOG | C | -1.93% | |
| AVGO | C | -1.89% | |
| JPM | A | -1.87% | |
| BAC | A | -1.14% | |
| CMCSA | B | -0.85% | |
| BMY | B | -0.79% | |
| NEE | D | -0.79% | |
| GILD | B | -0.78% | |
| PG | C | -0.77% | |
| UNP | D | -0.75% | |
| SCHW | B | -0.74% | |
| PYPL | A | -0.73% | |
| C | B | -0.71% | |
| MU | D | -0.69% | |
| PGR | A | -0.68% | |
| T | A | -0.68% | |
| CTAS | B | -0.67% | |
| TT | B | -0.67% | |
| NOC | D | -0.65% | |
| CI | D | -0.65% | |
| ECL | C | -0.62% | |
| SQ | B | -0.61% | |
| CSX | B | -0.59% | |
| ZM | B | -0.59% | |
| BDX | F | -0.59% | |
| EXEL | B | -0.55% | |
| SEIC | A | -0.55% | |
| ZBRA | B | -0.54% | |
| DBX | B | -0.54% | |
| TXT | D | -0.52% | |
| CVNA | B | -0.52% | |
| MMC | D | -0.52% | |
| CL | F | -0.52% | |
| DVN | F | -0.51% | |
| GE | D | -0.49% | |
| IGT | F | -0.49% | |
| CMG | B | -0.48% | |
| CAH | B | -0.48% | |
| GRMN | A | -0.45% | |
| SPG | A | -0.43% | |
| CME | B | -0.43% | |
| PFE | F | -0.43% | |
| AXP | B | -0.43% | |
| MSI | B | -0.43% | |
| HWM | B | -0.42% | |
| WM | A | -0.42% | |
| ANF | C | -0.42% | |
| TMO | F | -0.4% | |
| PCAR | B | -0.39% | |
| SPGI | C | -0.38% | |
| SSNC | C | -0.38% | |
| LDOS | C | -0.38% | |
| NUE | D | -0.37% | |
| DIS | B | -0.35% | |
| TDC | F | -0.35% | |
| INCY | B | -0.35% | |
| MEDP | D | -0.33% | |
| PPG | F | -0.33% | |
| F | C | -0.32% | |
| UBER | F | -0.32% | |
| SKYW | B | -0.31% | |
| EOG | A | -0.29% | |
| TROW | A | -0.28% | |
| AMGN | F | -0.26% | |
| MSCI | B | -0.26% | |
| TRV | B | -0.25% | |
| LRCX | F | -0.25% | |
| MGM | D | -0.23% | |
| RSG | B | -0.23% | |
| SYK | A | -0.23% | |
| VZ | D | -0.23% | |
| LHX | B | -0.22% | |
| BIIB | F | -0.22% | |
| CACI | C | -0.21% | |
| GAP | B | -0.21% | |
| CVS | F | -0.21% | |
| AMT | F | -0.2% | |
| MMM | C | -0.19% | |
| ALRM | C | -0.19% | |
| TPH | C | -0.18% | |
| LNW | F | -0.17% | |
| CRUS | F | -0.16% | |
| ETN | B | -0.16% | |
| PSA | D | -0.16% | |
| BBWI | C | -0.16% | |
| ALLE | D | -0.15% | |
| GEN | B | -0.14% | |
| ITW | B | -0.14% | |
| OXY | F | -0.14% | |
| GL | B | -0.13% | |
| VST | B | -0.13% | |
| CLX | A | -0.13% | |
| BK | B | -0.12% | |
| KR | A | -0.12% | |
| AON | B | -0.12% | |
| WTW | A | -0.11% | |
| DASH | A | -0.11% | |
| LPLA | A | -0.11% | |
| DOCU | B | -0.1% | |
| ED | D | -0.1% | |
| IDXX | F | -0.1% | |
| LYFT | B | -0.09% | |
| AME | A | -0.09% | |
| NRG | C | -0.09% | |
| TWLO | B | -0.09% | |
| TMUS | A | -0.09% | |
| NSC | B | -0.09% | |
| UNM | A | -0.09% | |
| ANET | C | -0.07% | |
| NBIX | C | -0.07% | |
| CINF | A | -0.07% | |
| PLTK | B | -0.07% | |
| QRVO | F | -0.06% | |
| UTHR | B | -0.05% | |
| TNL | A | -0.04% | |
| VEEV | B | -0.04% | |
| TOL | B | -0.02% | |
| PEGA | B | -0.02% |
MPAY: Top Represented Industries & Keywords
FBUF: Top Represented Industries & Keywords
Compare ETFs
