PY vs. FSST ETF Comparison

Comparison of Principal Shareholder Yield Index ETF (PY) to Fidelity Sustainability U.S. Equity ETF (FSST)

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$49.52

Average Daily Volume

3,984

Number of Holdings ^*

112

* 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

$26.90

Average Daily Volume

1,250

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PY	FSST
30 Days	1.91%	0.91%
60 Days	3.09%	2.28%
90 Days	6.61%	3.33%
12 Months	23.18%	27.81%

16 Overlapping Holdings

Symbol	Grade	Weight in PY	Weight in FSST	Overlap
AAPL	D	4.42%	6.87%	4.42%
ACN	C	1.18%	1.93%	1.18%
AMZN	C	0.37%	4.16%	0.37%
AVY	D	0.73%	1.29%	0.73%
BAC	D	1.34%	0.65%	0.65%
CMCSA	D	0.88%	0.98%	0.88%
CVS	D	0.62%	0.01%	0.01%
DFS	C	0.81%	0.53%	0.53%
JCI	B	0.81%	1.13%	0.81%
LIN	B	1.24%	1.99%	1.24%
LOW	B	1.01%	1.79%	1.01%
MSFT	C	3.94%	5.99%	3.94%
NTRS	B	0.68%	0.55%	0.55%
PLD	C	0.9%	1.48%	0.9%
TRV	B	0.95%	0.14%	0.14%
UPS	D	0.65%	0.85%	0.65%

PY Overweight 96 Positions Relative to FSST

Symbol	Grade	Weight
AVGO	C	2.76%
XOM	D	1.76%
HD	B	1.55%
QCOM	D	1.26%
ALL	A	1.12%
ABT	C	1.12%
CB	B	1.12%
CAT	C	1.11%
TXN	C	1.11%
CVX	D	1.08%
ICE	B	1.04%
PHM	B	1.03%
LMT	C	1.02%
FIS	B	1.0%
BK	A	1.0%
PH	B	1.0%
HIG	A	1.0%
UNP	B	0.99%
ADI	D	0.97%
MMC	C	0.97%
PNC	B	0.96%
FITB	B	0.94%
MO	C	0.93%
SPG	B	0.93%
RSG	D	0.92%
ADP	B	0.92%
TFC	D	0.9%
NDAQ	B	0.88%
EXR	B	0.87%
PFE	C	0.86%
WMB	B	0.86%
PKG	B	0.85%
AMP	B	0.84%
KEY	B	0.84%
AIG	D	0.83%
NSC	C	0.82%
SYF	C	0.82%
MAS	B	0.82%
GLW	B	0.82%
MET	A	0.81%
CSX	D	0.8%
SW	B	0.8%
LHX	D	0.8%
FDX	C	0.79%
ESS	B	0.79%
CFG	D	0.79%
MPC	D	0.79%
MTB	B	0.78%
CINF	B	0.78%
PCAR	D	0.77%
PSX	D	0.77%
BBY	B	0.76%
KR	B	0.75%
ALLE	B	0.75%
PAYX	C	0.73%
TPR	C	0.72%
MAA	B	0.72%
VICI	C	0.72%
CTSH	C	0.72%
KIM	B	0.71%
UDR	B	0.71%
STT	A	0.71%
ZION	D	0.7%
BMY	C	0.7%
DGX	B	0.7%
FOXA	B	0.68%
VLO	D	0.68%
GIS	B	0.68%
STLD	D	0.67%
AOS	C	0.67%
RF	B	0.66%
CMA	B	0.65%
HPQ	D	0.65%
INVH	C	0.65%
FOX	B	0.65%
HST	D	0.64%
EXPD	B	0.64%
DRI	C	0.63%
SNA	B	0.63%
CHRW	B	0.63%
MCHP	D	0.63%
ARE	B	0.62%
CAG	B	0.62%
CF	B	0.6%
SWKS	F	0.59%
HSY	C	0.58%
POOL	C	0.57%
GPC	D	0.54%
DVN	F	0.52%
RHI	D	0.49%
ADM	D	0.48%
EQT	D	0.47%
BEN	F	0.42%
XRAY	D	0.39%
MOS	F	0.37%
APA	F	0.32%

PY Underweight 50 Positions Relative to FSST

Symbol	Grade	Weight
NVDA	D	-5.09%
GOOGL	D	-3.5%
PG	C	-2.67%
MCO	A	-2.5%
CI	C	-2.5%
MRK	D	-2.44%
DIS	D	-2.15%
AXP	B	-2.09%
CRM	D	-2.09%
MA	B	-1.94%
BKR	D	-1.81%
ON	D	-1.8%
KBR	D	-1.66%
BLK	A	-1.66%
DHR	B	-1.45%
NEE	B	-1.4%
AYI	B	-1.31%
GILD	B	-1.24%
VLTO	C	-1.21%
ICLR	D	-1.16%
CNC	C	-1.14%
HLT	B	-1.1%
TSLA	C	-1.03%
TMHC	B	-1.02%
CCK	A	-0.98%
LNG	D	-0.97%
IR	C	-0.94%
DE	B	-0.89%
INTU	D	-0.82%
NFLX	B	-0.82%
RRX	C	-0.8%
TGNA	C	-0.78%
C	D	-0.76%
ZTS	B	-0.73%
MAN	C	-0.69%
SBUX	C	-0.69%
CDW	D	-0.67%
FSLR	C	-0.62%
GNRC	D	-0.58%
MRNA	F	-0.54%
CWEN	B	-0.52%
VOYA	A	-0.51%
EXAS	C	-0.5%
AMD	F	-0.5%
TKR	D	-0.5%
NXPI	D	-0.49%
APTV	D	-0.48%
EL	F	-0.48%
SFM	B	-0.07%
ACI	F	-0.01%