NOBL vs. FBCV ETF Comparison

Comparison of ProShares S&P 500 Aristocrats ETF (NOBL) to Fidelity Blue Chip Value ETF (FBCV)

NOBL

ProShares S&P 500 Aristocrats ETF

NOBL Description

The investment seeks investment results before fees and expenses that track the performance of the S&P 500Â® Dividend AristocratsÂ® Index (the "index"). The fund will invest at least 80% of its total assets in component securities (i.e., securities of the index and comparable securities that have economic characteristics that are substantially identical to the economic characteristics of the securities of the index). The index contains a minimum of 40 stocks, which are equally weighted, and no single sector is allowed to comprise more than 30% of the index weight.

Grade (RS Rating)

Last Trade

$106.30

Average Daily Volume

445,486

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FBCV

Fidelity Blue Chip Value ETF

FBCV Description

The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.63

Average Daily Volume

14,339

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NOBL	FBCV
30 Days	1.92%	0.48%
60 Days	5.94%	6.17%
90 Days	11.96%	9.33%
12 Months	24.89%	23.28%

10 Overlapping Holdings

Symbol	Grade	Weight in NOBL	Weight in FBCV	Overlap
CB	A	1.58%	1.74%	1.58%
CHRW	A	1.66%	0.15%	0.15%
JNJ	D	1.47%	1.7%	1.47%
KO	C	1.54%	1.33%	1.33%
KVUE	C	1.78%	1.6%	1.6%
LOW	A	1.59%	0.95%	0.95%
NEE	A	1.58%	0.62%	0.62%
PG	C	1.46%	1.12%	1.12%
PNR	C	1.61%	1.02%	1.02%
XOM	A	1.44%	4.59%	1.44%

NOBL Overweight 55 Positions Relative to FBCV

Symbol	Grade	Weight
CLX	B	1.75%
SWK	A	1.75%
IBM	B	1.69%
MCD	A	1.66%
AFL	A	1.65%
CAH	B	1.63%
SHW	B	1.62%
CINF	A	1.6%
WMT	A	1.6%
ADP	A	1.58%
MDT	B	1.58%
MKC	C	1.58%
APD	C	1.58%
GWW	A	1.57%
CAT	A	1.56%
AMCR	B	1.55%
ABBV	A	1.55%
ATO	A	1.54%
ESS	C	1.53%
DOV	C	1.53%
ED	A	1.53%
O	A	1.53%
LIN	B	1.52%
SPGI	C	1.52%
CTAS	B	1.52%
NDSN	B	1.52%
GD	A	1.52%
FRT	D	1.51%
CL	D	1.51%
SYY	B	1.51%
ABT	B	1.51%
ITW	A	1.51%
FAST	B	1.5%
TGT	C	1.49%
BRO	A	1.48%
ROP	C	1.48%
ECL	B	1.46%
AOS	B	1.46%
CHD	C	1.45%
SJM	C	1.44%
PEP	D	1.44%
EXPD	C	1.43%
GPC	D	1.43%
PPG	D	1.43%
KMB	B	1.42%
HRL	F	1.41%
BDX	B	1.39%
ADM	D	1.37%
ALB	D	1.37%
NUE	D	1.34%
CVX	B	1.34%
TROW	D	1.33%
WST	D	1.33%
EMR	B	1.3%
BEN	F	1.28%

NOBL Underweight 71 Positions Relative to FBCV

Symbol	Grade	Weight
JPM	D	-4.05%
BAC	D	-2.94%
CI	D	-2.89%
CMCSA	B	-2.87%
UNH	B	-2.87%
BRK.A	C	-2.72%
TRV	C	-2.7%
PCG	B	-2.34%
DIS	D	-2.28%
CNC	F	-2.27%
WFC	D	-2.27%
CSCO	A	-2.05%
BLK	A	-1.98%
AZN	D	-1.93%
HRB	C	-1.83%
DE	A	-1.72%
BMY	B	-1.62%
ELV	F	-1.44%
EIX	A	-1.38%
CTSH	B	-1.37%
PNC	C	-1.35%
NOC	B	-1.32%
CVS	D	-1.27%
WTW	B	-1.22%
DOX	B	-1.17%
LMT	A	-1.14%
KDP	C	-1.13%
SNY	C	-1.08%
FDX	D	-1.04%
MTB	C	-0.96%
ROST	C	-0.95%
CF	A	-0.92%
USFD	C	-0.92%
USB	C	-0.89%
HLN	C	-0.88%
NTRS	C	-0.88%
APO	A	-0.8%
RRX	C	-0.79%
NGG	C	-0.77%
CCI	C	-0.74%
CCEP	C	-0.72%
TSN	D	-0.72%
EQNR	D	-0.72%
MDLZ	C	-0.71%
OXY	F	-0.7%
CCK	C	-0.7%
SRE	A	-0.69%
BJ	D	-0.69%
JCI	B	-0.68%
LHX	A	-0.63%
MMS	B	-0.61%
OVV	F	-0.6%
AR	B	-0.58%
DEO	B	-0.57%
MU	D	-0.55%
AES	B	-0.51%
MUSA	D	-0.42%
SPG	A	-0.42%
G	A	-0.39%
SO	A	-0.37%
CMI	B	-0.33%
BA	F	-0.29%
OTEX	D	-0.28%
TPR	B	-0.27%
GEV	B	-0.26%
CFR	D	-0.23%
TEL	D	-0.2%
AVGO	C	-0.18%
OSK	F	-0.18%
NXPI	F	-0.17%
ALSN	A	-0.12%