AUM $25.1MER 0.52%NAV $33.36Holdings —Inception Apr 2024
Price Chart
Key Statistics
Previous Close
$33.75Day Range
$33.62$33.71
52-Week Range
$29.39$33.75
Avg Volume
3.9KDividend Yield
—Expense Ratio
0.52%AUM
$25.1MShares Outstanding
752.7KETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Technology | 40.90% |
| Financial Services | 13.13% |
| Communication Services | 9.88% |
| Industrials | 9.21% |
| Healthcare | 8.99% |
| Consumer Cyclical | 8.35% |
| Energy | 3.09% |
| Consumer Defensive | 3.08% |
| Basic Materials | 1.53% |
| Real Estate | 0.98% |
| Utilities | 0.86% |
| Cash & Others | 0.00% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 97.26% |
| Ireland | 1.44% |
| Netherlands | 0.64% |
| Other | 0.51% |
| United Kingdom | 0.15% |
| Singapore | 0.01% |
Fund Information
- Issuer
- Fidelity
- Category
- Technology
- Inception Date
- Apr 9, 2024
- Exchange
- BATS
- Description
- FBUF seeks capital appreciation by investing in a large-cap equity portfolio of US and foreign stocks while utilizing a defensive options collar strategy. The fund aims to outperform the S&P 500 by picking stocks using a computer-aided, quantitative analysis of factors like historical valuation, growth, and profitability. The proprietary process seeks to find the optimal portfolio holdings, overweight stocks with positive characteristics, and manage benchmark relative risks. The fund typically buys out-of-the-money put options on the S&P 500 Index and simultaneously sells out-of-the-money S&P 500 Index call options. Premium earned from writing calls is intended to offset the cost of buying puts but essentially caps the upside returns of the equity portfolio. For a continuous downside hedge, the adviser selects put options through a laddered approach that rolls monthly. The adviser diversifies the written call positions, rolled weekly, with different strike prices and expiration dates.
Similar ETFs
The Fidelity Dynamic Buffered Equity ETF (FBUF) is an exchange-traded fund issued by Fidelity that launched on Apr 9, 2024. It currently manages $25.1M in assets under management. The fund charges an expense ratio of 0.52%. It falls under the Technology category.
Top 10 holdings represent 40.4% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORP | 8.50% | 9,520 | $2.2M |
| 2 | AAPL | APPLE INC | 7.45% | 5,831 | $1.9M |
| 3 | MSFT | MICROSOFT CORP | 5.01% | 2,528 | $1.3M |
| 4 | AMZN | AMAZON.COM INC | 3.88% | 4,042 | $1.0M |
| 5 | — | CASH CF | 3.14% | 812,188 | $812K |
| 6 | GOOGL | ALPHABET INC CL A | 3.07% | 2,349 | $795K |
| 7 | AVGO | BROADCOM INC | 2.70% | 2,034 | $699K |
| 8 | META | META PLATFORMS INC CL A | 2.64% | 939 | $682K |
| 9 | GOOG | ALPHABET INC CL C | 2.11% | 1,632 | $547K |
| 10 | MU | MICRON TECHNOLOGY INC | 1.90% | 447 | $491K |
| 11 | BRK-B | BERKSHIRE HATHAWAY INC CL B | 1.87% | 964 | $482K |
| 12 | JPM | JPMORGAN CHASE & CO | 1.78% | 1,383 | $461K |
| 13 | LLY | ELI LILLY & CO | 1.64% | 369 | $424K |
| 14 | XOM | EXXONMOBIL HOLDINGS CORP | 1.14% | 1,792 | $294K |
| 15 | MA | MASTERCARD INC CL A | 1.11% | 522 | $287K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.12% | |
| 1W | +1.05% | |
| 1M | +0.61% | |
| 3M | +3.31% | |
| 6M | +9.55% | |
| YTD | +9.14% | |
| 1Y | +12.54% | |
| 3Y | +35.31% | |
| 5Y | +35.31% |
Moving Averages
20-Day MA
$33.47
Above 20-Day MA50-Day MA
$33.40
Above 50-Day MA200-Day MA
$31.92
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$33.75
Current Price
$33.71
52-Week Low
$29.39
$29.39$33.75
Current Yield
—
Annual Dividend
$0.1990
Frequency
4x/year
Last Ex-Date
Dec 19, 2025
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.0430 | Dec 23, 2025 |
| Sep 19, 2025 | $0.0420 | Sep 23, 2025 |
| Jun 20, 2025 | $0.0580 | Jun 24, 2025 |
| Mar 21, 2025 | $0.0560 | Mar 25, 2025 |
| Dec 20, 2024 | $0.0560 | Dec 24, 2024 |
| Sep 20, 2024 | $0.0490 | Sep 24, 2024 |
| Jun 21, 2024 | $0.0410 | Jun 25, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | FBUF | Technology(1617 ETFs) |
|---|---|---|
| Fund Info | ||
| Expense Ratio | 0.52% | 0.59% |
| AUM | $25.1M | $7.56B |
| Dividend Yield | — | 2.86% |
| Avg Volume | 3.9K | 413.0K |
| Holdings | — | 208 |
| Performance | ||
| 1-Month Return | +0.24% | +1.45% |
| 6-Month Return | +6.20% | +5.15% |
| YTD Return | +9.26% | +16.12% |
| 1-Year Return | +9.27% | +15.14% |
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