ABCS vs. FQAL ETF Comparison

Comparison of Alpha Blue Capital US Small-Mid Cap Dynamic ETF (ABCS) to Fidelity Quality Factor ETF (FQAL)

ABCS

Alpha Blue Capital US Small-Mid Cap Dynamic ETF

ABCS Description

The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a blend of domestic equity securities of small- and mid- capitalization companies and ETFs that provide broad exposure to domestic equity securities of small- and mid- capitalization companies. As it relates to the fund"s investments, a domestic equity security means common equity securities of companies domiciled and having their principal place of business in the U.S. and are traded on a major U.S. stock exchange and shares of ETFs that invest primarily in domestic equity securities.

Grade (RS Rating)

Last Trade

$29.94

Average Daily Volume

1,920

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

FQAL

Fidelity Quality Factor ETF

FQAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Quality Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.

Grade (RS Rating)

Last Trade

$66.98

Average Daily Volume

29,990

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	ABCS	FQAL
30 Days	5.51%	1.33%
60 Days	6.51%	4.33%
90 Days	7.64%	5.53%
12 Months		30.15%

5 Overlapping Holdings

Symbol	Grade	Weight in ABCS	Weight in FQAL	Overlap
AMP	A	0.96%	0.92%	0.92%
EQR	C	0.5%	0.17%	0.17%
EWBC	A	0.35%	0.78%	0.35%
LNG	A	0.72%	0.28%	0.28%
OTIS	C	0.47%	0.45%	0.45%

ABCS Overweight 97 Positions Relative to FQAL

Symbol	Grade	Weight
VOE	A	10.03%
VBR	A	9.82%
GPN	B	2.09%
EXPE	B	1.85%
LPLA	A	1.67%
LAD	A	1.6%
LYV	A	1.49%
KVUE	A	1.47%
CTVA	C	1.41%
GPK	C	1.39%
CNC	D	1.37%
MOH	F	1.31%
DOCU	B	1.16%
SLM	A	1.03%
ET	A	0.96%
WCC	B	0.91%
FANG	C	0.9%
NOMD	D	0.88%
DFS	B	0.87%
BYD	B	0.84%
VLO	C	0.81%
COF	C	0.8%
GTLS	A	0.78%
HUM	C	0.74%
HOG	D	0.74%
WH	B	0.73%
ZBH	C	0.73%
MOS	F	0.69%
WTFC	A	0.68%
BIIB	F	0.67%
ZM	C	0.67%
EG	C	0.66%
RNR	C	0.64%
HAL	C	0.64%
CWK	C	0.64%
CVS	D	0.63%
SNX	D	0.63%
PYPL	B	0.62%
ARW	D	0.61%
DAL	B	0.6%
BK	A	0.6%
ALK	B	0.59%
USB	A	0.57%
NCLH	B	0.56%
VTRS	A	0.54%
TPX	B	0.54%
FLEX	B	0.54%
WKC	C	0.54%
TAP	C	0.54%
NTRS	A	0.54%
TFC	A	0.53%
ALSN	B	0.52%
AGO	B	0.52%
AXS	A	0.52%
ICLR	D	0.52%
HBI	B	0.51%
LYFT	C	0.5%
RGA	A	0.5%
JLL	D	0.48%
ULTA	F	0.46%
AGCO	D	0.46%
EFC	C	0.46%
NVST	B	0.45%
AEP	C	0.45%
STWD	C	0.44%
BECN	B	0.44%
BMRN	F	0.44%
JEF	A	0.44%
MTH	D	0.43%
WU	F	0.43%
AGM	B	0.43%
IDCC	B	0.43%
USPH	B	0.42%
FAF	A	0.42%
SJM	D	0.42%
RWT	D	0.41%
CAR	C	0.4%
TER	F	0.39%
SKX	D	0.38%
MAT	D	0.38%
KR	B	0.37%
OLN	F	0.36%
AAP	D	0.36%
CRL	D	0.35%
EFX	F	0.34%
IGT	F	0.32%
PSX	C	0.29%
PLAB	C	0.29%
MKTX	D	0.29%
NXST	C	0.28%
ESNT	F	0.27%
MCHP	F	0.27%
SIRI	C	0.27%
AMN	F	0.26%
BCO	F	0.25%
QRVO	F	0.22%
FSLR	F	0.2%

ABCS Underweight 119 Positions Relative to FQAL

Symbol	Grade	Weight
NVDA	B	-7.24%
AAPL	C	-6.62%
MSFT	D	-6.3%
GOOGL	C	-3.69%
META	D	-2.51%
AVGO	D	-2.0%
LLY	F	-1.72%
V	A	-1.61%
HD	B	-1.5%
MA	B	-1.48%
JNJ	C	-1.35%
BKNG	A	-1.21%
XOM	B	-1.16%
ABBV	F	-1.14%
MCD	D	-1.11%
BX	A	-1.05%
ACN	B	-1.05%
BMY	B	-1.02%
LOW	C	-1.02%
COST	A	-1.01%
PGR	A	-1.0%
GILD	C	-1.0%
PG	C	-0.98%
ADBE	C	-0.97%
NFLX	A	-0.97%
FICO	B	-0.96%
PANW	B	-0.96%
SPGI	C	-0.92%
QCOM	F	-0.91%
VRTX	D	-0.86%
GRMN	B	-0.86%
CME	B	-0.85%
ORLY	B	-0.84%
VEEV	C	-0.84%
CPAY	A	-0.82%
ZTS	D	-0.81%
CAT	B	-0.77%
CFR	B	-0.77%
AMAT	F	-0.77%
MCO	B	-0.76%
MSCI	C	-0.75%
AZO	C	-0.75%
ABNB	C	-0.75%
JXN	C	-0.74%
YUM	D	-0.72%
ACGL	C	-0.71%
CBSH	B	-0.71%
DPZ	C	-0.69%
CVX	A	-0.68%
LRCX	F	-0.67%
IDXX	F	-0.67%
KO	D	-0.66%
KNSL	B	-0.65%
QLYS	B	-0.64%
ADP	A	-0.64%
KLAC	F	-0.64%
WSM	C	-0.63%
PM	B	-0.63%
UNP	C	-0.61%
MTD	F	-0.58%
MEDP	D	-0.57%
T	A	-0.57%
LMT	D	-0.56%
VZ	C	-0.56%
CTAS	B	-0.55%
GWW	B	-0.55%
ITW	B	-0.54%
FAST	B	-0.53%
AME	A	-0.52%
LIN	C	-0.52%
MMM	D	-0.5%
TDG	D	-0.49%
CSX	C	-0.49%
PAYX	B	-0.49%
CPRT	B	-0.48%
NEE	C	-0.47%
VRSK	A	-0.46%
ODFL	C	-0.45%
MO	A	-0.44%
VST	A	-0.43%
COP	C	-0.41%
TTD	B	-0.41%
MDLZ	F	-0.38%
CL	D	-0.36%
SO	C	-0.36%
CEG	C	-0.36%
WMB	A	-0.34%
EOG	A	-0.32%
MNST	C	-0.31%
KMB	C	-0.31%
TPL	A	-0.31%
PLD	F	-0.3%
SHW	B	-0.3%
NRG	B	-0.27%
AMT	C	-0.27%
WEC	A	-0.26%
SPG	A	-0.25%
HSY	F	-0.25%
FCX	F	-0.24%
ECL	D	-0.24%
PSA	C	-0.23%
O	C	-0.21%
NFG	A	-0.2%
AM	A	-0.19%
EXR	C	-0.19%
UGI	C	-0.19%
AVB	B	-0.19%
MLM	C	-0.19%
WHD	B	-0.18%
VICI	C	-0.18%
NUE	C	-0.18%
RS	B	-0.17%
CF	A	-0.17%
SBAC	D	-0.16%
ESS	B	-0.16%
EXP	B	-0.16%
RGLD	C	-0.15%
AVY	F	-0.15%
GLPI	C	-0.14%