CDEI vs. FHEQ ETF Comparison

Comparison of Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (CDEI) to Fidelity Hedged Equity ETF (FHEQ)

CDEI

Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF

CDEI Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of large companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$72.40

Average Daily Volume

644

Number of Holdings ^*

370

* may have additional holdings in another (foreign) market

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	CDEI	FHEQ
30 Days	1.83%	2.51%
60 Days	4.03%	3.80%
90 Days	4.65%	4.54%
12 Months	24.85%

85 Overlapping Holdings

Symbol	Grade	Weight in CDEI	Weight in FHEQ	Overlap
AAPL	C	10.52%	7.31%	7.31%
ABBV	D	0.91%	1.0%	0.91%
ADBE	C	0.71%	0.93%	0.71%
ADP	B	0.37%	0.16%	0.16%
ALL	A	0.16%	0.07%	0.07%
ALLE	D	0.04%	0.44%	0.04%
AMGN	D	0.48%	0.24%	0.24%
AMT	D	0.28%	0.24%	0.24%
ANET	C	0.3%	0.08%	0.08%
AVGO	D	2.36%	1.49%	1.49%
AXP	A	0.5%	0.43%	0.43%
BAC	A	0.94%	1.17%	0.94%
BAH	F	0.06%	0.09%	0.06%
BBWI	D	0.02%	0.11%	0.02%
BDX	F	0.2%	0.59%	0.2%
BIIB	F	0.07%	0.21%	0.07%
BK	A	0.17%	0.36%	0.17%
BLD	D	0.03%	0.05%	0.03%
BMY	B	0.36%	0.68%	0.36%
C	A	0.39%	0.54%	0.39%
CI	F	0.27%	0.63%	0.27%
CL	D	0.23%	0.58%	0.23%
CLX	B	0.06%	0.2%	0.06%
CMCSA	B	0.51%	0.83%	0.51%
CME	A	0.24%	0.37%	0.24%
CRM	B	0.94%	1.09%	0.94%
CRUS	D	0.02%	0.06%	0.02%
CSCO	B	0.7%	0.79%	0.7%
CVS	D	0.21%	0.22%	0.21%
DBX	B	0.02%	0.51%	0.02%
DIS	B	0.6%	0.57%	0.57%
DOC	D	0.04%	0.08%	0.04%
DOCU	A	0.05%	0.18%	0.05%
ECL	D	0.19%	0.62%	0.19%
ETN	A	0.44%	0.15%	0.15%
GEN	B	0.05%	0.13%	0.05%
GILD	C	0.35%	0.73%	0.35%
GL	B	0.03%	0.2%	0.03%
GOOGL	C	5.91%	2.02%	2.02%
HD	A	1.22%	1.32%	1.22%
HLT	A	0.18%	0.18%	0.18%
IDXX	F	0.1%	0.26%	0.1%
JPM	A	2.08%	1.82%	1.82%
KR	B	0.13%	0.11%	0.11%
LLY	F	2.03%	0.76%	0.76%
LPLA	A	0.07%	0.03%	0.03%
LRCX	F	0.29%	0.23%	0.23%
LYFT	C	0.02%	0.06%	0.02%
MA	C	1.3%	1.34%	1.3%
MDLZ	F	0.26%	0.07%	0.07%
MEDP	D	0.03%	0.31%	0.03%
MMC	B	0.33%	0.52%	0.33%
MRK	F	0.76%	0.69%	0.69%
MSFT	F	9.49%	5.64%	5.64%
MSI	B	0.25%	0.26%	0.25%
MU	D	0.33%	0.47%	0.33%
NEE	D	0.47%	0.73%	0.47%
NFLX	A	1.08%	1.26%	1.08%
NOW	A	0.65%	0.34%	0.34%
NVDA	C	10.49%	7.27%	7.27%
PFE	D	0.45%	0.56%	0.45%
PYPL	B	0.27%	0.54%	0.27%
QCOM	F	0.55%	0.84%	0.55%
RSG	A	0.13%	0.2%	0.13%
SCHW	B	0.36%	0.56%	0.36%
SPG	B	0.17%	0.16%	0.16%
SPGI	C	0.48%	0.28%	0.28%
T	A	0.48%	0.67%	0.48%
TENB	C	0.01%	0.06%	0.01%
TJX	A	0.41%	0.73%	0.41%
TMO	F	0.62%	0.26%	0.26%
TMUS	B	0.35%	0.29%	0.29%
TRV	B	0.18%	0.49%	0.18%
TT	A	0.28%	0.69%	0.28%
TWLO	A	0.05%	0.02%	0.02%
UNH	C	1.66%	0.57%	0.57%
UNM	A	0.04%	0.01%	0.01%
UNP	C	0.43%	0.73%	0.43%
V	A	1.56%	0.47%	0.47%
VEEV	C	0.1%	0.12%	0.1%
VZ	C	0.52%	0.18%	0.18%
WM	A	0.27%	0.38%	0.27%
WMT	A	1.11%	0.8%	0.8%
XEL	A	0.12%	0.21%	0.12%
ZBRA	B	0.06%	0.47%	0.06%

CDEI Overweight 285 Positions Relative to FHEQ

Symbol	Grade	Weight
KO	D	0.74%
PEP	F	0.69%
ACN	C	0.69%
AMD	F	0.68%
ABT	B	0.6%
INTU	C	0.58%
IBM	C	0.58%
BKNG	A	0.51%
DHR	F	0.48%
LOW	D	0.47%
SYK	C	0.42%
BSX	B	0.39%
VRTX	F	0.38%
PANW	C	0.38%
FI	A	0.37%
SBUX	A	0.33%
MDT	D	0.33%
ADI	D	0.32%
INTC	D	0.32%
DE	A	0.3%
ELV	F	0.29%
PH	A	0.27%
ICE	C	0.27%
EQIX	A	0.26%
APH	A	0.26%
WELL	A	0.25%
REGN	F	0.25%
CRWD	B	0.24%
USB	A	0.24%
AON	A	0.24%
ZTS	D	0.24%
MCO	B	0.23%
EMR	A	0.22%
COF	B	0.21%
TGT	F	0.21%
FDX	B	0.2%
ADSK	A	0.2%
MAR	B	0.2%
TFC	A	0.19%
CARR	D	0.19%
DLR	B	0.18%
AMP	A	0.17%
FICO	B	0.17%
TTD	B	0.17%
JCI	C	0.17%
SRE	A	0.17%
FIS	C	0.15%
AIG	B	0.15%
O	D	0.15%
CMI	A	0.15%
MET	A	0.15%
CPRT	A	0.15%
CCI	D	0.14%
PRU	A	0.14%
FAST	B	0.14%
PWR	A	0.14%
IR	B	0.13%
DAL	C	0.13%
BKR	B	0.13%
PEG	A	0.13%
DFS	B	0.13%
KMB	D	0.13%
DELL	C	0.12%
EXC	C	0.12%
YUM	B	0.12%
EW	C	0.12%
EA	A	0.12%
TEAM	A	0.12%
OTIS	C	0.12%
IT	C	0.12%
HUBS	A	0.11%
HPQ	B	0.11%
KDP	D	0.11%
GIS	D	0.11%
ACGL	D	0.11%
IQV	D	0.11%
SYY	B	0.11%
A	D	0.11%
FITB	A	0.1%
NDAQ	A	0.1%
EFX	F	0.1%
ALNY	D	0.1%
ROK	B	0.1%
HIG	B	0.1%
WAB	B	0.1%
ON	D	0.09%
XYL	D	0.09%
TSCO	D	0.09%
RJF	A	0.09%
ANSS	B	0.09%
CSGP	D	0.09%
EBAY	D	0.09%
CNC	D	0.09%
HBAN	A	0.08%
AWK	D	0.08%
SYF	B	0.08%
VTR	C	0.08%
HSY	F	0.08%
FTV	C	0.08%
BR	A	0.08%
TYL	B	0.08%
DECK	A	0.08%
HPE	B	0.08%
STE	F	0.07%
ES	D	0.07%
WY	D	0.07%
EME	C	0.07%
WAT	B	0.07%
RF	A	0.07%
NTAP	C	0.07%
WST	C	0.07%
DTE	C	0.07%
PODD	C	0.06%
BBY	D	0.06%
NRG	B	0.06%
FSLR	F	0.06%
PFG	D	0.06%
CMS	C	0.06%
OMC	C	0.06%
STX	D	0.06%
IFF	D	0.06%
CFG	B	0.06%
CBOE	B	0.06%
NTRS	A	0.06%
K	A	0.06%
WDC	D	0.06%
RGA	A	0.05%
EL	F	0.05%
Z	A	0.05%
EQH	B	0.05%
LNT	A	0.05%
ALGN	D	0.05%
VRSN	F	0.05%
USFD	A	0.05%
BAX	D	0.05%
NTNX	A	0.05%
KIM	A	0.05%
BURL	A	0.05%
OC	A	0.05%
DG	F	0.05%
EXPD	D	0.05%
XPO	B	0.05%
TER	D	0.05%
TRMB	B	0.05%
MAS	D	0.05%
PINS	D	0.05%
IEX	B	0.05%
HOLX	D	0.05%
WSO	A	0.05%
KEY	B	0.05%
DAY	B	0.04%
SCI	B	0.04%
JEF	A	0.04%
HST	C	0.04%
NVT	B	0.04%
ITT	A	0.04%
JLL	D	0.04%
JKHY	D	0.04%
JNPR	F	0.04%
RNR	C	0.04%
ELS	C	0.04%
CLH	B	0.04%
PFGC	B	0.04%
AKAM	D	0.04%
SWK	D	0.04%
CAG	D	0.04%
TXRH	C	0.04%
POOL	C	0.04%
MRNA	F	0.04%
EPAM	C	0.04%
AVTR	F	0.04%
DT	C	0.04%
DLTR	F	0.04%
EWBC	A	0.04%
SOFI	A	0.04%
APTV	D	0.04%
ACM	A	0.04%
AMCR	D	0.04%
CASY	A	0.04%
TW	A	0.04%
HSIC	B	0.03%
CFR	B	0.03%
TTC	D	0.03%
MOS	F	0.03%
GPK	C	0.03%
BILL	A	0.03%
WTFC	A	0.03%
BRX	A	0.03%
ZION	B	0.03%
SNX	C	0.03%
PEN	B	0.03%
AAON	B	0.03%
PCTY	B	0.03%
ORI	A	0.03%
MORN	B	0.03%
REXR	F	0.03%
CMA	A	0.03%
TPX	B	0.03%
FBIN	D	0.03%
RPRX	D	0.03%
PRI	A	0.03%
CIEN	B	0.03%
AES	F	0.03%
MKTX	D	0.03%
OHI	C	0.03%
AFG	A	0.03%
AIT	A	0.03%
CUBE	D	0.03%
CCK	C	0.03%
TTEK	F	0.03%
IPG	D	0.03%
DKS	C	0.03%
PAYC	B	0.03%
LECO	B	0.03%
SJM	D	0.03%
RDN	C	0.02%
INSP	D	0.02%
GATX	A	0.02%
ITRI	B	0.02%
BC	C	0.02%
APPF	B	0.02%
LEA	D	0.02%
THO	B	0.02%
BCPC	B	0.02%
ETSY	D	0.02%
PVH	C	0.02%
CROX	D	0.02%
SUM	B	0.02%
LNC	B	0.02%
JHG	A	0.02%
BPMC	C	0.02%
WHR	B	0.02%
COOP	B	0.02%
IDA	A	0.02%
MTG	C	0.02%
SAIC	F	0.02%
FAF	A	0.02%
MTH	D	0.02%
MAT	D	0.02%
AWI	A	0.02%
MTN	C	0.02%
BMI	B	0.02%
RHP	B	0.02%
AZEK	A	0.02%
ALK	C	0.02%
HALO	F	0.02%
FMC	D	0.02%
H	B	0.02%
CADE	B	0.02%
ATI	D	0.02%
ELAN	D	0.02%
ONB	B	0.02%
FCN	D	0.02%
PARA	C	0.02%
EXLS	B	0.02%
MIDD	C	0.02%
GTLS	B	0.02%
BIO	D	0.02%
CVLT	B	0.02%
G	B	0.02%
VFC	C	0.02%
RHI	B	0.02%
TREX	C	0.02%
MKSI	C	0.02%
NNN	D	0.02%
BWA	D	0.02%
SNV	B	0.02%
SKX	D	0.02%
HQY	B	0.02%
AGR	B	0.01%
COLM	B	0.01%
CWEN	C	0.01%
TNET	D	0.01%
ASH	D	0.01%
OGN	D	0.01%
CHH	A	0.01%
FELE	B	0.01%
FLO	D	0.01%
M	D	0.01%
SLGN	A	0.01%
CELH	F	0.01%
SWX	B	0.01%
POR	C	0.01%
MMS	F	0.01%
SON	D	0.01%

CDEI Underweight 83 Positions Relative to FHEQ

Symbol	Grade	Weight
AMZN	C	-3.64%
META	D	-2.87%
BRK.A	B	-2.19%
GOOG	C	-1.74%
XOM	B	-1.54%
TSLA	B	-1.26%
PM	B	-0.92%
PG	A	-0.87%
AMAT	F	-0.7%
LMT	D	-0.69%
CTAS	B	-0.66%
PGR	A	-0.63%
JNJ	D	-0.61%
SQ	B	-0.59%
NOC	D	-0.56%
SEIC	B	-0.54%
KLAC	D	-0.54%
DVN	F	-0.53%
ZM	B	-0.52%
CVNA	B	-0.52%
TXT	D	-0.51%
MSCI	C	-0.49%
CMG	B	-0.49%
CAT	B	-0.48%
GE	D	-0.45%
IGT	F	-0.45%
COST	B	-0.45%
RTX	C	-0.44%
EOG	A	-0.43%
CSX	B	-0.43%
EXEL	B	-0.43%
PCAR	B	-0.42%
CAH	B	-0.4%
ALRM	C	-0.4%
TDC	D	-0.35%
PPG	F	-0.34%
ANF	C	-0.33%
LDOS	C	-0.32%
NUE	C	-0.32%
GRMN	B	-0.31%
CACI	D	-0.3%
SKYW	B	-0.29%
HWM	A	-0.27%
INCY	C	-0.27%
NSC	B	-0.26%
FTNT	C	-0.24%
BLK	C	-0.23%
TROW	B	-0.23%
LHX	C	-0.23%
AME	A	-0.22%
MGM	D	-0.22%
MMM	D	-0.22%
PSA	D	-0.19%
GAP	C	-0.18%
GEHC	F	-0.17%
LNW	D	-0.17%
FTI	A	-0.17%
WDAY	B	-0.16%
MS	A	-0.16%
PEGA	A	-0.16%
F	C	-0.15%
TPH	D	-0.15%
WFC	A	-0.15%
UBER	D	-0.14%
DASH	A	-0.12%
CINF	A	-0.12%
SOLV	C	-0.12%
NBIX	C	-0.11%
QRVO	F	-0.11%
VST	B	-0.11%
ROST	C	-0.1%
PLTK	B	-0.1%
MKL	A	-0.09%
BCC	B	-0.07%
L	A	-0.07%
UTHR	C	-0.05%
ORCL	B	-0.04%
QGEN	D	-0.04%
SCCO	F	-0.04%
CVX	A	-0.02%
MHO	D	-0.02%
NWL	B	-0.01%
OGE	B	-0.01%