BFOR vs. FVAL ETF Comparison

Comparison of Barron's 400 (BFOR) to Fidelity Value Factor ETF (FVAL)

BFOR

Barron's 400

BFOR Description

The investment seeks investment results that correspond generally, before fees and expenses, to the performance of the Barron's 400 Index (the "underlying index"). The underlying index is a rules-based index intended to give investors a means of tracking the overall performance of high performing equity securities of U.S. companies. The fund will invest at least 80% of its total assets in the equity securities which comprise the index. The underlying index's stocks are constituents of the MarketGrader U.S. Coverage Universe.

Grade (RS Rating)

Last Trade

$78.80

Average Daily Volume

4,071

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

FVAL

Fidelity Value Factor ETF

FVAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Value Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Value Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that have attractive valuations.

Grade (RS Rating)

Last Trade

$63.26

Average Daily Volume

81,569

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	BFOR	FVAL
30 Days	9.34%	3.33%
60 Days	10.13%	5.59%
90 Days	11.66%	6.82%
12 Months	38.09%	28.35%

36 Overlapping Holdings

Symbol	Grade	Weight in BFOR	Weight in FVAL	Overlap
AAPL	C	0.24%	6.68%	0.24%
ADP	B	0.25%	0.64%	0.25%
AMZN	C	0.26%	3.88%	0.26%
AXP	A	0.25%	0.83%	0.25%
BKNG	A	0.28%	0.87%	0.28%
CAT	B	0.25%	0.77%	0.25%
CF	B	0.24%	0.18%	0.18%
CTSH	B	0.24%	0.76%	0.24%
DVN	F	0.23%	0.18%	0.18%
EBAY	D	0.22%	0.51%	0.22%
EG	C	0.21%	0.5%	0.21%
EOG	A	0.25%	0.31%	0.25%
EXPE	B	0.31%	0.66%	0.31%
FDX	B	0.22%	0.48%	0.22%
G	B	0.26%	0.49%	0.26%
GOOGL	C	0.26%	3.72%	0.26%
IBM	C	0.22%	1.09%	0.22%
JNJ	D	0.21%	1.31%	0.21%
JPM	A	0.26%	1.84%	0.26%
KMB	D	0.21%	0.41%	0.21%
META	D	0.24%	2.55%	0.24%
MMM	D	0.22%	0.5%	0.22%
MPC	D	0.23%	0.24%	0.23%
MSFT	F	0.23%	6.37%	0.23%
NRG	B	0.26%	0.26%	0.26%
NVDA	C	0.29%	7.33%	0.29%
OZK	B	0.26%	0.51%	0.26%
QCOM	F	0.22%	1.0%	0.22%
RNR	C	0.22%	0.54%	0.22%
SYF	B	0.31%	0.67%	0.31%
TGT	F	0.23%	0.48%	0.23%
UAL	A	0.41%	0.84%	0.41%
V	A	0.24%	1.44%	0.24%
WFC	A	0.31%	1.08%	0.31%
XOM	B	0.25%	1.14%	0.25%
ZM	B	0.28%	0.98%	0.28%

BFOR Overweight 352 Positions Relative to FVAL

Symbol	Grade	Weight
APP	B	0.56%
LEU	C	0.45%
POWL	C	0.4%
IESC	B	0.38%
AGX	B	0.38%
USLM	A	0.38%
TPL	A	0.37%
PLTR	B	0.37%
AXON	A	0.36%
UPWK	B	0.34%
PAY	B	0.34%
STRL	B	0.33%
RCL	A	0.32%
VRT	B	0.32%
AAON	B	0.32%
APO	B	0.32%
PAYO	A	0.32%
CORT	B	0.32%
RMBS	C	0.31%
ALSN	B	0.31%
RJF	A	0.31%
IDCC	A	0.31%
CCL	B	0.31%
IBKR	A	0.31%
AIT	A	0.3%
PCTY	B	0.3%
PAYC	B	0.3%
PEGA	A	0.3%
DOCS	C	0.3%
SFM	A	0.3%
TILE	B	0.3%
AMP	A	0.29%
FLEX	A	0.29%
NEWT	B	0.29%
SUM	B	0.29%
FIX	A	0.29%
TRGP	B	0.29%
SNA	A	0.29%
BKR	B	0.29%
HLNE	B	0.29%
MCB	B	0.29%
SKWD	A	0.29%
EXEL	B	0.29%
MLI	C	0.29%
CEIX	A	0.29%
UNM	A	0.29%
EWBC	A	0.29%
LRN	A	0.28%
PYPL	B	0.28%
BBW	B	0.28%
BL	B	0.28%
NFLX	A	0.28%
QCRH	A	0.28%
EME	C	0.28%
WMB	A	0.28%
TXRH	C	0.28%
PPC	C	0.28%
CRS	A	0.28%
GDDY	A	0.28%
FTNT	C	0.28%
TGTX	B	0.28%
APOG	B	0.28%
AX	A	0.28%
MTB	A	0.28%
CW	B	0.27%
TMUS	B	0.27%
PANW	C	0.27%
DAKT	B	0.27%
IBOC	A	0.27%
UTI	A	0.27%
ODFL	B	0.27%
FAST	B	0.27%
MTDR	B	0.27%
PFBC	B	0.27%
NOG	A	0.27%
QLYS	C	0.27%
BY	B	0.27%
CASH	A	0.27%
NTRS	A	0.27%
WT	B	0.27%
FOUR	B	0.27%
NRP	B	0.27%
HWM	A	0.27%
ERII	D	0.27%
HCKT	B	0.27%
USAP	B	0.27%
CSWI	A	0.27%
MWA	B	0.27%
FOX	A	0.27%
AWI	A	0.27%
CPAY	A	0.27%
FITB	A	0.26%
IBCP	B	0.26%
WHD	B	0.26%
BFC	B	0.26%
WABC	B	0.26%
MSI	B	0.26%
FFIV	B	0.26%
PODD	C	0.26%
EA	A	0.26%
ACIW	B	0.26%
ITT	A	0.26%
HCI	C	0.26%
MGY	A	0.26%
FN	D	0.26%
CMPO	A	0.26%
DECK	A	0.26%
URI	B	0.26%
LPX	B	0.26%
TDY	B	0.26%
CEG	D	0.26%
ADSK	A	0.26%
LOPE	B	0.26%
CUBI	C	0.26%
PEBO	A	0.26%
NIC	B	0.26%
FTI	A	0.26%
ATR	B	0.26%
ACMR	F	0.26%
OKE	A	0.26%
ARLP	A	0.26%
AMAL	B	0.26%
CVLT	B	0.26%
FTDR	A	0.26%
APH	A	0.26%
PH	A	0.26%
TRN	C	0.26%
FULT	A	0.26%
OII	B	0.26%
CNO	A	0.26%
FCNCA	A	0.26%
CPRT	A	0.26%
CHTR	C	0.26%
RL	B	0.26%
MLR	B	0.26%
ORRF	B	0.26%
BR	A	0.25%
DCI	B	0.25%
SLVM	B	0.25%
MRO	B	0.25%
ANF	C	0.25%
TW	A	0.25%
PAYX	C	0.25%
ISRG	A	0.25%
RBA	A	0.25%
HUBB	B	0.25%
VIRT	B	0.25%
REVG	B	0.25%
ANET	C	0.25%
CINF	A	0.25%
WLDN	D	0.25%
YELP	C	0.25%
FIZZ	C	0.25%
PLMR	B	0.25%
WTS	B	0.25%
IPAR	B	0.25%
BELFB	C	0.25%
SRCE	B	0.25%
UTHR	C	0.25%
LAUR	A	0.25%
ORCL	B	0.25%
WDAY	B	0.25%
MLM	B	0.25%
IRMD	C	0.25%
APD	A	0.25%
FDS	B	0.25%
FCF	A	0.25%
INGR	B	0.25%
MCRI	A	0.25%
ADMA	B	0.25%
MBWM	B	0.25%
DBX	B	0.25%
SM	B	0.25%
OSBC	A	0.25%
EXP	A	0.25%
AIZ	A	0.25%
LKFN	B	0.25%
HES	B	0.25%
TCMD	A	0.25%
CBT	C	0.24%
XPEL	C	0.24%
CME	A	0.24%
FBP	B	0.24%
RGA	A	0.24%
EPD	A	0.24%
CMG	B	0.24%
ALL	A	0.24%
FMBH	B	0.24%
MANH	D	0.24%
DT	C	0.24%
FANG	D	0.24%
HEI	B	0.24%
TBBK	B	0.24%
BRO	B	0.24%
AMPY	C	0.24%
FSS	B	0.24%
IT	C	0.24%
DRI	B	0.24%
CTAS	B	0.24%
VEEV	C	0.24%
PLAB	C	0.24%
OSIS	B	0.24%
HNI	B	0.24%
MOD	A	0.24%
MPLX	A	0.24%
ET	A	0.24%
MA	C	0.24%
HWKN	B	0.24%
CPRX	C	0.24%
GGG	B	0.24%
WWD	B	0.24%
SIG	B	0.24%
CQP	B	0.24%
CASY	A	0.24%
CSL	C	0.24%
DOV	A	0.24%
TSCO	D	0.23%
THC	D	0.23%
SSNC	B	0.23%
STBA	B	0.23%
CACI	D	0.23%
TEX	D	0.23%
DY	D	0.23%
CHWY	B	0.23%
MCO	B	0.23%
NYT	C	0.23%
WEC	A	0.23%
NBIX	C	0.23%
AFL	B	0.23%
NTAP	C	0.23%
OFG	B	0.23%
BRC	D	0.23%
OTTR	C	0.23%
HIG	B	0.23%
TJX	A	0.23%
CHDN	B	0.23%
VRSN	F	0.23%
PGR	A	0.23%
NOV	C	0.23%
LNN	B	0.23%
LII	A	0.23%
COR	B	0.23%
TRIN	A	0.23%
WRB	A	0.23%
SCCO	F	0.23%
COOP	B	0.23%
TOL	B	0.23%
GL	B	0.23%
ZBH	C	0.23%
JWN	C	0.23%
ADBE	C	0.23%
THR	B	0.23%
CHD	B	0.23%
BMI	B	0.23%
COST	B	0.23%
KNSL	B	0.23%
SBR	B	0.23%
SYK	C	0.23%
CWCO	C	0.22%
CBOE	B	0.22%
HESM	B	0.22%
TPH	D	0.22%
ON	D	0.22%
WES	C	0.22%
SHOO	D	0.22%
CNA	B	0.22%
IMMR	C	0.22%
UFPT	B	0.22%
MSA	D	0.22%
NEU	C	0.22%
JKHY	D	0.22%
BLDR	D	0.22%
SO	D	0.22%
SPGI	C	0.22%
SYY	B	0.22%
BURL	A	0.22%
NVR	D	0.22%
KOS	F	0.22%
AMAT	F	0.22%
ROL	B	0.22%
ECL	D	0.22%
YETI	C	0.22%
WFRD	D	0.21%
MBIN	D	0.21%
SKX	D	0.21%
RMD	C	0.21%
ZTS	D	0.21%
VITL	D	0.21%
WSM	B	0.21%
VAL	D	0.21%
PHM	D	0.21%
HRB	D	0.21%
XYL	D	0.21%
IBP	D	0.21%
TH	C	0.21%
APA	D	0.21%
EGY	D	0.21%
FC	F	0.21%
ROST	C	0.21%
COKE	C	0.21%
MHO	D	0.21%
AMPH	D	0.21%
HOLX	D	0.21%
DVA	B	0.21%
MEDP	D	0.21%
PEP	F	0.21%
NSSC	D	0.21%
BMRN	D	0.21%
VLTO	D	0.21%
IPG	D	0.21%
DKS	C	0.21%
LEN	D	0.21%
MOH	F	0.2%
HALO	F	0.2%
HOG	D	0.2%
IQV	D	0.2%
FCN	D	0.2%
CL	D	0.2%
YOU	D	0.2%
KLAC	D	0.2%
BOOT	D	0.2%
GRBK	D	0.2%
ONTO	D	0.2%
ACGL	D	0.2%
FMC	D	0.2%
DFIN	D	0.2%
WMS	D	0.2%
HSY	F	0.2%
HY	D	0.2%
PTGX	C	0.2%
AKAM	D	0.2%
AOS	F	0.2%
WING	D	0.19%
COLL	F	0.19%
DFH	D	0.19%
FSLR	F	0.19%
LLY	F	0.19%
DHI	D	0.19%
UHS	D	0.19%
INSW	F	0.19%
LNW	D	0.19%
HRMY	D	0.19%
HRTG	C	0.18%
SIGA	F	0.18%
CRUS	D	0.18%
CROX	D	0.17%
LNTH	D	0.17%
BLBD	D	0.17%
TDW	F	0.16%
MPWR	F	0.15%
ASC	F	0.15%
REGN	F	0.15%

BFOR Underweight 88 Positions Relative to FVAL

Symbol	Grade	Weight
BRK.A	B	-2.07%
UNH	C	-1.69%
CRM	B	-1.46%
HD	A	-1.22%
ACN	C	-1.15%
BAC	A	-1.13%
ABBV	D	-1.11%
PG	A	-1.08%
WMT	A	-1.07%
MRK	F	-1.01%
BMY	B	-0.98%
GILD	C	-0.97%
MU	D	-0.85%
MCD	D	-0.84%
CI	F	-0.81%
HPE	B	-0.81%
INTC	D	-0.77%
C	A	-0.74%
COF	B	-0.72%
CVS	D	-0.71%
TRV	B	-0.68%
DFS	B	-0.68%
HON	B	-0.68%
ELV	F	-0.67%
GM	B	-0.67%
CVX	A	-0.67%
DAL	C	-0.64%
T	A	-0.62%
CMCSA	B	-0.61%
VZ	C	-0.61%
RPRX	D	-0.61%
UNP	C	-0.61%
DE	A	-0.59%
SWKS	F	-0.56%
JXN	C	-0.56%
LMT	D	-0.56%
PRU	A	-0.56%
LVS	C	-0.55%
UPS	C	-0.55%
MO	A	-0.55%
CNC	D	-0.54%
LIN	D	-0.53%
PCAR	B	-0.53%
KVUE	A	-0.52%
CMI	A	-0.52%
F	C	-0.51%
WYNN	D	-0.5%
NEE	D	-0.46%
RHI	B	-0.44%
KR	B	-0.43%
OC	A	-0.42%
COP	C	-0.4%
M	D	-0.39%
AGCO	D	-0.38%
ADM	D	-0.35%
ACI	C	-0.34%
DUK	C	-0.34%
PLD	D	-0.32%
BG	F	-0.32%
PCG	A	-0.29%
PARA	C	-0.28%
SPG	B	-0.27%
EXC	C	-0.26%
ATKR	C	-0.26%
AEP	D	-0.26%
PSA	D	-0.25%
FCX	D	-0.24%
O	D	-0.23%
CBRE	B	-0.23%
VLO	C	-0.22%
NFG	A	-0.2%
VICI	C	-0.2%
NUE	C	-0.19%
NEM	D	-0.19%
BXP	D	-0.18%
STLD	B	-0.18%
UGI	A	-0.18%
HST	C	-0.17%
JLL	D	-0.17%
WPC	D	-0.16%
ARE	D	-0.16%
GLPI	C	-0.16%
DOW	F	-0.16%
LYB	F	-0.15%
CIVI	D	-0.13%
MOS	F	-0.13%
MUR	D	-0.13%
CLF	F	-0.11%