NUSI vs. FHEQ ETF Comparison

Comparison of Nationwide Risk-Managed Income ETF (NUSI) to Fidelity Hedged Equity ETF (FHEQ)

NUSI

Nationwide Risk-Managed Income ETF

NUSI Description

The investment seeks current income with downside protection. The fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its investment objective principally by investing in a portfolio of the stocks included in the Nasdaq-100® Index and an options collar (i.e., a mix of written (sold) call options and long (bought) put options) on the Nasdaq-100. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.94

Average Daily Volume

39,771

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	NUSI	FHEQ
30 Days	3.39%	2.51%
60 Days	2.73%	3.80%
90 Days	5.24%	4.54%
12 Months	25.26%

36 Overlapping Holdings

Symbol	Grade	Weight in NUSI	Weight in FHEQ	Overlap
AAPL	C	8.45%	7.31%	7.31%
ADBE	C	1.44%	0.93%	0.93%
ADP	B	0.8%	0.16%	0.16%
AMAT	F	0.92%	0.7%	0.7%
AMGN	D	1.0%	0.24%	0.24%
AMZN	C	5.1%	3.64%	3.64%
AVGO	D	4.74%	1.49%	1.49%
BIIB	F	0.15%	0.21%	0.15%
CMCSA	B	1.07%	0.83%	0.83%
COST	B	2.59%	0.45%	0.45%
CSCO	B	1.46%	0.79%	0.79%
CSX	B	0.44%	0.43%	0.43%
CTAS	B	0.59%	0.66%	0.59%
DASH	A	0.41%	0.12%	0.12%
FTNT	C	0.46%	0.24%	0.24%
GEHC	F	0.25%	0.17%	0.17%
GILD	C	0.71%	0.73%	0.71%
GOOG	C	2.45%	1.74%	1.74%
GOOGL	C	2.53%	2.02%	2.02%
IDXX	F	0.23%	0.26%	0.23%
KLAC	D	0.56%	0.54%	0.54%
LRCX	F	0.58%	0.23%	0.23%
MDLZ	F	0.57%	0.07%	0.07%
META	D	4.87%	2.87%	2.87%
MSFT	F	7.35%	5.64%	5.64%
MU	D	0.7%	0.47%	0.47%
NFLX	A	2.41%	1.26%	1.26%
NVDA	C	8.86%	7.27%	7.27%
PCAR	B	0.37%	0.42%	0.37%
PYPL	B	0.59%	0.54%	0.54%
QCOM	F	1.11%	0.84%	0.84%
ROST	C	0.31%	0.1%	0.1%
TMUS	B	1.76%	0.29%	0.29%
TSLA	B	4.03%	1.26%	1.26%
WDAY	B	0.35%	0.16%	0.16%
XEL	A	0.25%	0.21%	0.21%

NUSI Overweight 65 Positions Relative to FHEQ

Symbol	Grade	Weight
AMD	F	1.41%
PEP	F	1.38%
LIN	D	1.37%
ISRG	A	1.24%
TXN	C	1.17%
INTU	C	1.16%
BKNG	A	1.09%
HON	B	0.93%
PANW	C	0.8%
VRTX	F	0.75%
SBUX	A	0.72%
ADI	D	0.68%
INTC	D	0.66%
MELI	D	0.63%
SNPS	B	0.54%
CDNS	B	0.54%
MAR	B	0.53%
CRWD	B	0.52%
REGN	F	0.52%
MRVL	B	0.5%
PDD	F	0.5%
CEG	D	0.49%
ORLY	B	0.46%
ADSK	A	0.43%
ABNB	C	0.38%
CHTR	C	0.38%
ROP	B	0.38%
ASML	F	0.37%
NXPI	D	0.37%
TTD	B	0.36%
MNST	C	0.36%
CPRT	A	0.34%
AEP	D	0.33%
PAYX	C	0.33%
ODFL	B	0.31%
FAST	B	0.3%
BKR	B	0.29%
KDP	D	0.29%
EA	A	0.29%
DDOG	A	0.27%
VRSK	A	0.27%
LULU	C	0.25%
EXC	C	0.25%
TEAM	A	0.25%
CTSH	B	0.25%
AZN	D	0.24%
KHC	F	0.24%
MCHP	D	0.23%
CCEP	C	0.22%
TTWO	A	0.21%
FANG	D	0.21%
ZS	C	0.2%
ANSS	B	0.2%
CSGP	D	0.2%
ON	D	0.19%
DXCM	D	0.19%
CDW	F	0.16%
WBD	C	0.16%
GFS	C	0.15%
ILMN	D	0.14%
MDB	C	0.13%
APP	B	0.1%
MRNA	F	0.09%
ARM	D	0.07%
SMCI	F	0.02%

NUSI Underweight 132 Positions Relative to FHEQ

Symbol	Grade	Weight
BRK.A	B	-2.19%
JPM	A	-1.82%
XOM	B	-1.54%
MA	C	-1.34%
HD	A	-1.32%
BAC	A	-1.17%
CRM	B	-1.09%
ABBV	D	-1.0%
PM	B	-0.92%
PG	A	-0.87%
WMT	A	-0.8%
LLY	F	-0.76%
NEE	D	-0.73%
UNP	C	-0.73%
TJX	A	-0.73%
MRK	F	-0.69%
TT	A	-0.69%
LMT	D	-0.69%
BMY	B	-0.68%
T	A	-0.67%
CI	F	-0.63%
PGR	A	-0.63%
ECL	D	-0.62%
JNJ	D	-0.61%
SQ	B	-0.59%
BDX	F	-0.59%
CL	D	-0.58%
UNH	C	-0.57%
DIS	B	-0.57%
NOC	D	-0.56%
SCHW	B	-0.56%
PFE	D	-0.56%
SEIC	B	-0.54%
C	A	-0.54%
DVN	F	-0.53%
ZM	B	-0.52%
CVNA	B	-0.52%
MMC	B	-0.52%
TXT	D	-0.51%
DBX	B	-0.51%
MSCI	C	-0.49%
CMG	B	-0.49%
TRV	B	-0.49%
CAT	B	-0.48%
ZBRA	B	-0.47%
V	A	-0.47%
GE	D	-0.45%
IGT	F	-0.45%
ALLE	D	-0.44%
RTX	C	-0.44%
EOG	A	-0.43%
AXP	A	-0.43%
EXEL	B	-0.43%
CAH	B	-0.4%
ALRM	C	-0.4%
WM	A	-0.38%
CME	A	-0.37%
BK	A	-0.36%
TDC	D	-0.35%
PPG	F	-0.34%
NOW	A	-0.34%
ANF	C	-0.33%
LDOS	C	-0.32%
NUE	C	-0.32%
MEDP	D	-0.31%
GRMN	B	-0.31%
CACI	D	-0.3%
SKYW	B	-0.29%
SPGI	C	-0.28%
HWM	A	-0.27%
INCY	C	-0.27%
MSI	B	-0.26%
TMO	F	-0.26%
NSC	B	-0.26%
AMT	D	-0.24%
BLK	C	-0.23%
TROW	B	-0.23%
LHX	C	-0.23%
AME	A	-0.22%
MGM	D	-0.22%
CVS	D	-0.22%
MMM	D	-0.22%
RSG	A	-0.2%
GL	B	-0.2%
CLX	B	-0.2%
PSA	D	-0.19%
GAP	C	-0.18%
DOCU	A	-0.18%
HLT	A	-0.18%
VZ	C	-0.18%
LNW	D	-0.17%
FTI	A	-0.17%
SPG	B	-0.16%
MS	A	-0.16%
PEGA	A	-0.16%
F	C	-0.15%
TPH	D	-0.15%
ETN	A	-0.15%
WFC	A	-0.15%
UBER	D	-0.14%
GEN	B	-0.13%
VEEV	C	-0.12%
CINF	A	-0.12%
SOLV	C	-0.12%
NBIX	C	-0.11%
BBWI	D	-0.11%
QRVO	F	-0.11%
VST	B	-0.11%
KR	B	-0.11%
PLTK	B	-0.1%
MKL	A	-0.09%
BAH	F	-0.09%
ANET	C	-0.08%
DOC	D	-0.08%
ALL	A	-0.07%
BCC	B	-0.07%
L	A	-0.07%
TENB	C	-0.06%
CRUS	D	-0.06%
LYFT	C	-0.06%
BLD	D	-0.05%
UTHR	C	-0.05%
ORCL	B	-0.04%
QGEN	D	-0.04%
SCCO	F	-0.04%
LPLA	A	-0.03%
CVX	A	-0.02%
MHO	D	-0.02%
TWLO	A	-0.02%
UNM	A	-0.01%
NWL	B	-0.01%
OGE	B	-0.01%