QFLR vs. FSST ETF Comparison

Comparison of Innovator Nasdaq-100 Managed Floor ETF (QFLR) to Fidelity Sustainability U.S. Equity ETF (FSST)

QFLR

Innovator Nasdaq-100 Managed Floor ETF

QFLR Description

The fund is an actively managed exchange-traded fund ("ETF") that, under normal market circumstances, seeks to provide capital appreciation through participation in the large-capitalization U.S. equity securities of the Nasdaq-100® Index (the "Nasdaq-100") while limiting the potential for maximum losses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.68

Average Daily Volume

62,673

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

$28.14

Average Daily Volume

1,241

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QFLR	FSST
30 Days	2.43%	4.34%
60 Days	4.44%	4.23%
90 Days	5.62%	6.71%
12 Months		33.52%

13 Overlapping Holdings

Symbol	Grade	Weight in QFLR	Weight in FSST	Overlap
AAPL	B	9.22%	7.52%	7.52%
AMD	F	2.05%	0.6%	0.6%
AMZN	C	6.0%	3.17%	3.17%
CDW	F	0.59%	0.73%	0.59%
GILD	B	1.96%	1.41%	1.41%
GOOGL	C	2.89%	3.43%	2.89%
MRNA	F	0.08%	0.31%	0.08%
MSFT	D	8.58%	6.22%	6.22%
NFLX	B	2.8%	0.97%	0.97%
NVDA	C	9.11%	6.17%	6.17%
NXPI	D	1.16%	0.47%	0.47%
ON	C	0.66%	1.66%	0.66%
TSLA	B	4.39%	1.22%	1.22%

QFLR Overweight 30 Positions Relative to FSST

Symbol	Grade	Weight
AVGO	D	5.29%
META	D	4.72%
COST	B	3.52%
TMUS	A	2.82%
GOOG	C	2.7%
ADBE	C	1.99%
AMGN	D	1.74%
MAR	A	1.6%
XEL	A	1.51%
FAST	B	1.37%
CPRT	A	1.34%
EA	C	1.3%
PYPL	A	1.28%
WDAY	C	1.27%
ADSK	B	1.25%
KLAC	F	1.24%
VRSK	A	1.21%
MRVL	B	1.2%
CCEP	B	1.11%
KHC	D	1.05%
ROST	C	1.05%
KDP	D	1.01%
MCHP	F	0.9%
TTWO	B	0.88%
IDXX	F	0.82%
FANG	F	0.76%
TTD	B	0.66%
ASML	F	0.63%
PDD	F	0.61%
GFS	C	0.55%

QFLR Underweight 53 Positions Relative to FSST

Symbol	Grade	Weight
PG	A	-2.98%
MCO	A	-2.6%
CI	D	-2.51%
CRM	B	-2.3%
AXP	A	-2.28%
DIS	B	-2.24%
MA	B	-2.15%
LIN	D	-2.1%
LOW	C	-1.99%
BLK	C	-1.9%
MRK	F	-1.79%
BKR	C	-1.76%
KBR	F	-1.61%
NEE	D	-1.57%
PLD	D	-1.53%
DHR	D	-1.46%
AVY	D	-1.32%
HLT	A	-1.24%
JCI	C	-1.24%
CNC	F	-1.13%
TMHC	A	-1.09%
AYI	B	-1.07%
DE	B	-1.06%
CCK	D	-1.06%
ICLR	F	-1.05%
CMCSA	C	-1.03%
EL	F	-0.99%
LNG	B	-0.96%
UPS	C	-0.91%
ZTS	D	-0.84%
RRX	A	-0.83%
PSA	C	-0.82%
TGNA	B	-0.79%
VLTO	C	-0.78%
IR	A	-0.77%
C	A	-0.77%
INTU	C	-0.76%
FSLR	F	-0.73%
SBUX	B	-0.71%
DELL	C	-0.71%
MAN	D	-0.68%
GEN	A	-0.65%
BAC	A	-0.64%
DFS	B	-0.64%
CWEN	C	-0.62%
GNRC	B	-0.59%
PHM	C	-0.55%
NTRS	A	-0.55%
HIG	B	-0.52%
EXAS	F	-0.51%
ACN	B	-0.51%
TKR	D	-0.5%
ESNT	D	-0.26%