SMIZ vs. FSST ETF Comparison

Comparison of Zacks Small/Mid Cap ETF (SMIZ) to Fidelity Sustainability U.S. Equity ETF (FSST)

SMIZ

Zacks Small/Mid Cap ETF

SMIZ Description

The fund seeks to generate positive risk-adjusted returns (positive rate of return after adjustment for the amount of risk taken) by, under normal circumstances, investing at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of small and midsize companies listed on U.S. stock exchanges or derivatives linked to such securities.

Grade (RS Rating)

Last Trade

$35.06

Average Daily Volume

15,361

Number of Holdings ^*

189

* 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

$27.58

Average Daily Volume

1,168

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMIZ	FSST
30 Days	2.90%	0.55%
60 Days	6.44%	3.03%
90 Days	9.93%	5.18%
12 Months	34.86%	31.13%

8 Overlapping Holdings

Symbol	Grade	Weight in SMIZ	Weight in FSST	Overlap
AYI	B	0.71%	1.07%	0.71%
EXAS	D	0.19%	0.51%	0.19%
HIG	B	0.57%	0.52%	0.52%
IR	B	0.62%	0.77%	0.62%
LNG	A	0.84%	0.96%	0.84%
NTRS	A	1.04%	0.55%	0.55%
PHM	D	0.51%	0.55%	0.51%
TMHC	B	0.71%	1.09%	0.71%

SMIZ Overweight 181 Positions Relative to FSST

Symbol	Grade	Weight
EME	A	1.73%
BRBR	A	1.19%
PRA	B	1.12%
MCY	B	1.06%
PODD	B	1.05%
ADMA	C	1.05%
ENR	B	1.01%
SLVM	C	1.01%
CBSH	A	0.96%
SNV	B	0.96%
COFS	A	0.95%
MUSA	B	0.94%
KW	B	0.92%
FISI	B	0.92%
ANET	C	0.91%
NTAP	C	0.9%
DDOG	A	0.9%
FULT	B	0.89%
RYAN	B	0.88%
FLS	A	0.86%
LRN	A	0.84%
MCK	A	0.84%
TROW	B	0.81%
NPAB	F	0.8%
GWRE	A	0.79%
PRM	B	0.79%
ALX	D	0.79%
WMB	A	0.78%
ICUI	D	0.76%
CBAN	B	0.76%
TOL	B	0.76%
NRIM	A	0.74%
AXTA	B	0.73%
RMBS	C	0.72%
MEDP	D	0.71%
PK	D	0.69%
IBKR	A	0.69%
HHH	B	0.69%
CEG	C	0.68%
ZUO	B	0.68%
NI	A	0.67%
CHCO	B	0.65%
RCL	A	0.65%
BMI	C	0.65%
YEXT	B	0.64%
BSRR	C	0.63%
SOFI	A	0.62%
VMI	B	0.61%
CINF	A	0.61%
OHI	B	0.6%
FIX	A	0.6%
WTS	B	0.59%
TTWO	A	0.59%
VECO	F	0.58%
GLW	B	0.57%
HQY	A	0.57%
HUBB	B	0.57%
VST	A	0.57%
TWLO	A	0.57%
BMRC	A	0.57%
NCLH	B	0.56%
ALRS	C	0.55%
JHG	B	0.55%
ARVN	F	0.55%
EIX	C	0.54%
KREF	D	0.54%
MATX	B	0.54%
APH	B	0.54%
ANF	C	0.54%
UAL	A	0.53%
ICFI	F	0.5%
LDOS	C	0.5%
WING	D	0.5%
ALTR	B	0.5%
MASI	B	0.49%
IRDM	F	0.49%
UNM	A	0.49%
COIN	A	0.49%
ZBRA	B	0.49%
FLR	B	0.48%
PRI	A	0.48%
BAH	D	0.47%
WEAV	B	0.47%
CMTG	D	0.46%
SPT	C	0.46%
ALKS	C	0.46%
RMD	C	0.45%
SIRI	D	0.44%
JANX	C	0.44%
MHO	D	0.44%
CHRW	B	0.43%
UIS	C	0.43%
NWPX	A	0.43%
TAP	B	0.43%
ITT	A	0.43%
WAB	B	0.43%
DUOL	A	0.42%
TXT	D	0.41%
HCAT	C	0.41%
CSL	C	0.4%
GTLB	B	0.4%
POWL	C	0.4%
BTU	C	0.39%
TSN	B	0.38%
EXPD	D	0.38%
ILMN	C	0.38%
CARG	B	0.38%
KRYS	C	0.38%
AGNC	C	0.37%
APPF	C	0.37%
SPSC	F	0.36%
KBH	D	0.36%
THC	C	0.36%
DRI	C	0.36%
HY	D	0.36%
VCYT	B	0.36%
CRS	A	0.36%
HOLX	D	0.36%
FTNT	B	0.35%
GAP	D	0.35%
URBN	C	0.35%
AOSL	C	0.35%
QLYS	C	0.34%
OKTA	D	0.34%
GRBK	D	0.34%
KKR	A	0.34%
CBOE	C	0.33%
DOCU	B	0.33%
ROST	D	0.32%
UI	A	0.32%
RDFN	D	0.32%
ACGL	D	0.32%
OMC	C	0.32%
RIOT	C	0.31%
HAE	C	0.31%
LHX	B	0.3%
HSTM	A	0.3%
CCS	F	0.3%
COOP	B	0.29%
ALLO	F	0.29%
UHS	D	0.28%
FSLY	F	0.28%
RBB	B	0.28%
HRB	D	0.27%
MGM	D	0.27%
PCVX	D	0.26%
WMS	F	0.26%
EPC	F	0.26%
MTG	D	0.26%
EVTC	B	0.25%
GNTY	A	0.24%
AZEK	B	0.24%
INSP	F	0.24%
WASH	B	0.23%
NYT	D	0.23%
EVER	F	0.23%
IRM	C	0.22%
KMPR	A	0.22%
ZM	B	0.22%
OPCH	F	0.21%
BRO	B	0.21%
PARR	F	0.21%
AIZ	A	0.21%
SN	D	0.2%
HL	C	0.2%
CPF	B	0.19%
POST	C	0.19%
PHR	F	0.19%
TMDX	F	0.19%
STNE	F	0.19%
AXS	A	0.17%
DFH	F	0.17%
CWCO	C	0.16%
BMRN	F	0.16%
AFL	C	0.14%
AEO	F	0.13%
STKS	F	0.12%
COUR	F	0.12%
HRTX	F	0.09%
RUN	F	0.08%
SPCE	D	0.04%

SMIZ Underweight 58 Positions Relative to FSST

Symbol	Grade	Weight
AAPL	C	-7.52%
MSFT	D	-6.22%
NVDA	A	-6.17%
GOOGL	B	-3.43%
AMZN	B	-3.17%
PG	C	-2.98%
MCO	D	-2.6%
CI	D	-2.51%
CRM	B	-2.3%
AXP	B	-2.28%
DIS	B	-2.24%
MA	B	-2.15%
LIN	D	-2.1%
LOW	C	-1.99%
BLK	B	-1.9%
MRK	F	-1.79%
BKR	B	-1.76%
ON	F	-1.66%
KBR	F	-1.61%
NEE	C	-1.57%
PLD	D	-1.53%
DHR	D	-1.46%
GILD	C	-1.41%
AVY	D	-1.32%
HLT	A	-1.24%
JCI	B	-1.24%
TSLA	A	-1.22%
CNC	F	-1.13%
DE	C	-1.06%
CCK	D	-1.06%
ICLR	F	-1.05%
CMCSA	B	-1.03%
EL	F	-0.99%
NFLX	A	-0.97%
UPS	C	-0.91%
ZTS	D	-0.84%
RRX	B	-0.83%
PSA	C	-0.82%
TGNA	B	-0.79%
VLTO	C	-0.78%
C	B	-0.77%
INTU	B	-0.76%
FSLR	F	-0.73%
CDW	F	-0.73%
SBUX	A	-0.71%
DELL	B	-0.71%
MAN	F	-0.68%
GEN	B	-0.65%
BAC	A	-0.64%
DFS	B	-0.64%
CWEN	C	-0.62%
AMD	F	-0.6%
GNRC	B	-0.59%
ACN	C	-0.51%
TKR	F	-0.5%
NXPI	F	-0.47%
MRNA	F	-0.31%
ESNT	D	-0.26%