WBIY vs. FSST ETF Comparison

Comparison of WBI Power Factor High Dividend ETF (WBIY) to Fidelity Sustainability U.S. Equity ETF (FSST)

WBIY

WBI Power Factor High Dividend ETF

WBIY Description

The investment seeks long term-capital appreciation while also seeking to protect principal during unfavorable market conditions. The fund will seek to achieve its investment objective by using a broad and flexible investment strategy and may invest directly in different types of instruments, such as: stocks and bonds issued by public and private companies and bonds issued by governments and governmental agencies ("Direct Investments"); and shares of funds that invest directly in such instruments. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.35

Average Daily Volume

6,009

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

$27.94

Average Daily Volume

1,225

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WBIY	FSST
30 Days	4.72%	2.99%
60 Days	5.37%	4.26%
90 Days	6.99%	5.87%
12 Months	27.95%	32.59%

3 Overlapping Holdings

Symbol	Grade	Weight in WBIY	Weight in FSST	Overlap
CWEN	C	0.71%	0.62%	0.62%
MAN	D	0.9%	0.68%	0.68%
UPS	C	4.82%	0.91%	0.91%

WBIY Overweight 46 Positions Relative to FSST

Symbol	Grade	Weight
MO	A	5.59%
KMI	A	5.41%
F	C	4.99%
T	A	4.84%
VZ	C	4.77%
D	C	4.67%
LYB	F	4.48%
CAG	D	4.24%
KSS	F	3.84%
BEN	C	3.46%
DINO	D	3.2%
M	D	3.0%
WHR	B	2.93%
CVX	A	2.43%
CRI	D	1.9%
OMF	A	1.87%
VLY	B	1.85%
COLB	A	1.75%
RF	A	1.72%
HBAN	A	1.72%
CFG	B	1.62%
PRU	A	1.56%
CNH	C	1.53%
UGI	A	1.43%
WU	D	1.43%
IPG	D	1.33%
CVS	D	1.3%
FULT	A	1.09%
TNL	A	1.09%
HESM	B	1.01%
BKH	A	0.81%
KNTK	B	0.8%
PINC	B	0.74%
DIN	C	0.68%
APAM	B	0.62%
FIBK	A	0.6%
GES	F	0.5%
WSBC	A	0.35%
HOPE	B	0.33%
GSL	F	0.32%
METC	C	0.29%
BRKL	B	0.28%
EMBC	C	0.27%
VRTS	B	0.27%
OCFC	B	0.26%
ASC	F	0.24%

WBIY Underweight 63 Positions Relative to FSST

Symbol	Grade	Weight
AAPL	C	-7.52%
MSFT	F	-6.22%
NVDA	C	-6.17%
GOOGL	C	-3.43%
AMZN	C	-3.17%
PG	A	-2.98%
MCO	B	-2.6%
CI	F	-2.51%
CRM	B	-2.3%
AXP	A	-2.28%
DIS	B	-2.24%
MA	C	-2.15%
LIN	D	-2.1%
LOW	D	-1.99%
BLK	C	-1.9%
MRK	F	-1.79%
BKR	B	-1.76%
ON	D	-1.66%
KBR	F	-1.61%
NEE	D	-1.57%
PLD	D	-1.53%
DHR	F	-1.46%
GILD	C	-1.41%
AVY	D	-1.32%
HLT	A	-1.24%
JCI	C	-1.24%
TSLA	B	-1.22%
CNC	D	-1.13%
TMHC	B	-1.09%
AYI	B	-1.07%
DE	A	-1.06%
CCK	C	-1.06%
ICLR	D	-1.05%
CMCSA	B	-1.03%
EL	F	-0.99%
NFLX	A	-0.97%
LNG	B	-0.96%
ZTS	D	-0.84%
RRX	B	-0.83%
PSA	D	-0.82%
TGNA	B	-0.79%
VLTO	D	-0.78%
IR	B	-0.77%
C	A	-0.77%
INTU	C	-0.76%
FSLR	F	-0.73%
CDW	F	-0.73%
SBUX	A	-0.71%
DELL	C	-0.71%
GEN	B	-0.65%
BAC	A	-0.64%
DFS	B	-0.64%
AMD	F	-0.6%
GNRC	B	-0.59%
PHM	D	-0.55%
NTRS	A	-0.55%
HIG	B	-0.52%
EXAS	D	-0.51%
ACN	C	-0.51%
TKR	D	-0.5%
NXPI	D	-0.47%
MRNA	F	-0.31%
ESNT	D	-0.26%