TBG vs. FDRR ETF Comparison

Comparison of TBG Dividend Focus ETF (TBG) to Fidelity Dividend ETF for Rising Rates (FDRR)

TBG

TBG Dividend Focus ETF

TBG Description

The fund seeks to achieve its investment objective by investing in equity securities of small-, mid- and large- capitalization companies that the sub-adviser believes have the potential to grow their dividends over time. The fund will invest primarily in companies that have operations in and/or domiciled in the U.S. and that trade on U.S. stock exchanges. In addition, the fund may invest in real estate investment trusts (REITs) and master limited partnerships (MLPs).

Grade (RS Rating)

Last Trade

$33.72

Average Daily Volume

16,908

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDRR

Fidelity Dividend ETF for Rising Rates

FDRR Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates. Normally investing at least 80% of assets in securities included in the Fidelity Dividend Index for Rising Rates and in depository receipts representing securities included in the index. The Fidelity Dividend Index for Rising Rates is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends and have a positive correlation of returns to increasing 10-year U.S. Treasury yields.

Grade (RS Rating)

Last Trade

$53.29

Average Daily Volume

19,188

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	TBG	FDRR
30 Days	3.97%	1.87%
60 Days	5.35%	4.38%
90 Days	9.29%	5.21%
12 Months	34.63%	31.25%

21 Overlapping Holdings

Symbol	Grade	Weight in TBG	Weight in FDRR	Overlap
AEP	D	2.9%	0.27%	0.27%
AVGO	D	1.32%	2.56%	1.32%
BX	A	3.72%	1.09%	1.09%
CSCO	B	4.01%	1.44%	1.44%
CVX	A	4.39%	0.71%	0.71%
IBM	C	4.34%	1.34%	1.34%
JNJ	D	1.54%	1.35%	1.35%
JPM	A	2.09%	2.11%	2.09%
LMT	D	2.36%	0.79%	0.79%
LYB	F	3.92%	0.15%	0.15%
MCD	D	1.19%	0.91%	0.91%
MRK	F	3.19%	0.97%	0.97%
MS	A	2.51%	1.2%	1.2%
PEP	F	1.9%	0.74%	0.74%
PG	A	2.78%	1.13%	1.13%
SBUX	A	1.7%	0.79%	0.79%
SPG	B	4.58%	0.34%	0.34%
TFC	A	3.5%	0.85%	0.85%
TXN	C	2.39%	1.5%	1.5%
VZ	C	3.98%	0.78%	0.78%
XOM	B	1.94%	1.09%	1.09%

TBG Overweight 12 Positions Relative to FDRR

Symbol	Grade	Weight
ET	A	4.26%
GILD	C	4.09%
EPD	A	3.85%
CMI	A	3.66%
OWL	A	3.2%
KVUE	A	3.15%
LAMR	D	2.49%
GIS	D	2.46%
MC	C	2.16%
APO	B	2.06%
CLX	B	2.03%
AMGN	D	1.9%

TBG Underweight 80 Positions Relative to FDRR

Symbol	Grade	Weight
NVDA	C	-8.35%
AAPL	C	-7.22%
MSFT	F	-6.6%
LLY	F	-1.82%
UNH	C	-1.79%
V	A	-1.56%
DELL	C	-1.47%
BAC	A	-1.39%
HD	A	-1.37%
WFC	A	-1.37%
GS	A	-1.23%
ABBV	D	-1.22%
HPQ	B	-1.21%
BMY	B	-1.01%
PNC	B	-0.97%
GE	D	-0.96%
LOW	D	-0.95%
C	A	-0.95%
CAT	B	-0.94%
GM	B	-0.92%
RTX	C	-0.92%
TJX	A	-0.91%
PM	B	-0.89%
PFE	D	-0.88%
T	A	-0.88%
USB	A	-0.86%
HON	B	-0.82%
KO	D	-0.81%
CME	A	-0.79%
MAR	B	-0.75%
CMCSA	B	-0.74%
UNP	C	-0.7%
MO	A	-0.68%
DE	A	-0.68%
TKO	B	-0.68%
BBY	D	-0.67%
FOXA	B	-0.67%
CVS	D	-0.65%
PCAR	B	-0.62%
UPS	C	-0.62%
EA	A	-0.61%
F	C	-0.58%
NKE	D	-0.56%
NWSA	B	-0.55%
LIN	D	-0.54%
OMC	C	-0.53%
NYT	C	-0.5%
TRGP	B	-0.49%
NEE	D	-0.48%
GEV	B	-0.44%
COP	C	-0.43%
WMG	C	-0.42%
NXST	C	-0.42%
IPG	D	-0.4%
EOG	A	-0.36%
SO	D	-0.36%
PLD	D	-0.35%
PARA	C	-0.34%
DUK	C	-0.33%
PSA	D	-0.3%
APD	A	-0.29%
D	C	-0.27%
CCI	D	-0.25%
FCX	D	-0.25%
OHI	C	-0.25%
NEM	D	-0.24%
EXC	C	-0.24%
VICI	C	-0.24%
EIX	B	-0.24%
IP	B	-0.24%
DVN	F	-0.21%
GLPI	C	-0.21%
WY	D	-0.2%
WPC	D	-0.18%
IFF	D	-0.17%
DOW	F	-0.16%
AMCR	D	-0.16%
WBA	F	-0.15%
CIVI	D	-0.15%
MOS	F	-0.12%