ZSC vs. FRNW ETF Comparison

Comparison of USCF Sustainable Commodity Strategy Fund (ZSC) to Fidelity Clean Energy ETF (FRNW)

ZSC

USCF Sustainable Commodity Strategy Fund

ZSC Description

The fund advisor seeks to provide broad exposure to commodities across three different sustainability focused themes: agriculture, renewable energy and electrification. In order to provide such exposure, the fund will invest primarily in derivatives instruments for which the underlying assets are commodities and equity securities that are economically tied to particular commodities. The fund"s exposure to each of the three sustainability themes will be approximately equally weighted. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.96

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FRNW

Fidelity Clean Energy ETF

FRNW Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Clean Energy Index. Normally investing at least 80% of assets in securities included in the Fidelity Clean Energy Index and in depositary receipts representing securities included in the index. The Fidelity Clean Energy Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that distribute, produce or provide technology or equipment to support the production of energy from solar, wind, hydrogen and other renewable sources

Grade (RS Rating)

Last Trade

$14.14

Average Daily Volume

8,097

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ZSC	FRNW
30 Days	-3.22%	-2.67%
60 Days	-2.13%	-10.02%
90 Days	-0.13%	-7.13%
12 Months	-11.76%	-5.10%

8 Overlapping Holdings

Symbol	Grade	Weight in ZSC	Weight in FRNW	Overlap
AMRC	F	0.12%	1.37%	0.12%
ARRY	C	1.16%	1.64%	1.16%
CSIQ	F	1.28%	1.36%	1.28%
ENPH	F	0.28%	2.19%	0.28%
FSLR	F	1.7%	3.95%	1.7%
ORA	B	0.35%	2.79%	0.35%
RNW	D	0.6%	1.15%	0.6%
RUN	F	0.62%	1.42%	0.62%

ZSC Overweight 4 Positions Relative to FRNW

Symbol	Grade	Weight
ZSB	F	34.11%
NEE	D	0.65%
TPIC	F	0.44%
HXL	D	0.26%

ZSC Underweight 11 Positions Relative to FRNW

Symbol	Grade	Weight
GEV	B	-8.36%
ITRI	B	-3.28%
BE	B	-2.69%
CWEN	C	-2.08%
PLUG	F	-2.05%
AY	B	-1.89%
JKS	F	-1.8%
SHLS	F	-1.45%
SEDG	F	-1.02%
RENB	F	-0.85%
NOVA	F	-0.53%