CVSE vs. FDMO ETF Comparison

Comparison of Calvert US Select Equity ETF (CVSE) to Fidelity Momentum Factor ETF (FDMO)

CVSE

Calvert US Select Equity ETF

CVSE Description

Under normal circumstances, at least 80% of the fund"s net assets (plus any borrowings for investment purposes) will be invested in the equity securities of U.S. issuers. The fund is actively managed, not designed to track a benchmark, and therefore not constrained by the composition of a benchmark. The fund primarily invests in the equity securities of large capitalization U.S. issuers that are involved in economic activities that address global environmental or societal challenges that relate to areas such as environmental sustainability and resource efficiency.

Grade (RS Rating)

Last Trade

$70.50

Average Daily Volume

945

Number of Holdings ^*

178

* may have additional holdings in another (foreign) market

FDMO

Fidelity Momentum Factor ETF

FDMO Description

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

Grade (RS Rating)

Last Trade

$71.42

Average Daily Volume

35,646

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

Performance

Period	CVSE	FDMO
30 Days	2.61%	6.00%
60 Days	4.06%	8.27%
90 Days	5.46%	10.44%
12 Months	30.71%	42.98%

29 Overlapping Holdings

Symbol	Grade	Weight in CVSE	Weight in FDMO	Overlap
AAPL	C	6.81%	6.8%	6.8%
AXP	A	0.88%	0.9%	0.88%
BSX	B	0.82%	0.95%	0.82%
CAT	B	0.94%	0.73%	0.73%
CBRE	B	0.69%	0.21%	0.21%
CTAS	B	0.18%	0.54%	0.18%
DHR	F	0.35%	0.92%	0.35%
EBAY	D	0.36%	0.42%	0.36%
ECL	D	0.69%	0.23%	0.23%
EQR	B	0.18%	0.19%	0.18%
EXR	D	0.15%	0.2%	0.15%
FICO	B	0.05%	0.86%	0.05%
FIS	C	0.16%	0.65%	0.16%
GM	B	1.04%	0.5%	0.5%
HD	A	1.33%	1.08%	1.08%
HIG	B	0.21%	0.67%	0.21%
JLL	D	0.43%	0.16%	0.16%
LIN	D	0.64%	0.51%	0.51%
LLY	F	2.63%	1.68%	1.68%
MSFT	F	7.68%	6.21%	6.21%
MSI	B	0.21%	0.88%	0.21%
NEE	D	0.11%	0.47%	0.11%
NFLX	A	1.55%	0.88%	0.88%
NVDA	C	7.98%	6.97%	6.97%
PGR	A	1.06%	0.87%	0.87%
SHW	A	0.61%	0.29%	0.29%
TJX	A	0.37%	0.61%	0.37%
TT	A	0.84%	0.59%	0.59%
URI	B	0.68%	0.5%	0.5%

CVSE Overweight 149 Positions Relative to FDMO

Symbol	Grade	Weight
SPGI	C	2.01%
ACN	C	1.81%
MRK	F	1.73%
PH	A	1.66%
MA	C	1.54%
V	A	1.44%
ETN	A	1.42%
DIS	B	1.24%
VRSK	A	1.21%
MET	A	1.14%
CMI	A	1.11%
NOW	A	1.11%
CRM	B	1.09%
ICE	C	1.0%
GIS	D	0.91%
VZ	C	0.9%
ADP	B	0.84%
PRU	A	0.76%
CSCO	B	0.75%
LOW	D	0.75%
AMGN	D	0.73%
TRV	B	0.72%
INTU	C	0.7%
TFC	A	0.7%
AMAT	F	0.69%
AWK	D	0.67%
ADBE	C	0.67%
OMC	C	0.65%
ES	D	0.64%
PLD	D	0.63%
AMT	D	0.63%
SCHW	B	0.62%
NUE	C	0.61%
ITW	B	0.58%
TGT	F	0.56%
CFG	B	0.55%
DFS	B	0.55%
HPE	B	0.55%
AMD	F	0.52%
DE	A	0.52%
ED	D	0.49%
TXN	C	0.48%
COF	B	0.47%
EMR	A	0.47%
HUM	C	0.45%
CDNS	B	0.43%
BMY	B	0.41%
BALL	D	0.4%
SJM	D	0.4%
STT	A	0.4%
NDAQ	A	0.4%
RMD	C	0.38%
LULU	C	0.36%
ADSK	A	0.36%
STE	F	0.36%
MU	D	0.35%
FITB	A	0.35%
MKC	D	0.34%
GILD	C	0.34%
PYPL	B	0.32%
DRI	B	0.31%
ROK	B	0.31%
A	D	0.31%
HUBS	A	0.31%
QCOM	F	0.3%
CLX	B	0.3%
IDXX	F	0.3%
MORN	B	0.3%
ULTA	F	0.29%
EW	C	0.29%
HBAN	A	0.28%
HOLX	D	0.28%
WDAY	B	0.28%
TSCO	D	0.28%
MOS	F	0.28%
PFE	D	0.27%
HPQ	B	0.27%
PNR	A	0.26%
IPG	D	0.26%
INTC	D	0.26%
HAS	D	0.26%
ALNY	D	0.25%
NKE	D	0.25%
BBY	D	0.24%
PRI	A	0.24%
MTN	C	0.23%
DAR	C	0.23%
EL	F	0.22%
MSA	D	0.22%
SNPS	B	0.22%
EXPD	D	0.22%
BFAM	D	0.21%
VRTX	F	0.2%
TPR	B	0.2%
WSM	B	0.2%
DECK	A	0.2%
DELL	C	0.19%
KLAC	D	0.19%
TROW	B	0.19%
RF	A	0.19%
FMC	D	0.18%
WAT	B	0.18%
SCI	B	0.18%
KNX	B	0.18%
DVA	B	0.17%
FCN	D	0.16%
MTG	C	0.15%
LRCX	F	0.15%
PANW	C	0.15%
AKAM	D	0.14%
XYL	D	0.14%
VTR	C	0.14%
CNM	D	0.14%
TWLO	A	0.12%
GAP	C	0.11%
G	B	0.11%
EXAS	D	0.1%
SNOW	C	0.1%
BXP	D	0.1%
MSCI	C	0.1%
REGN	F	0.1%
EA	A	0.1%
CHD	B	0.1%
RL	B	0.09%
PLNT	A	0.09%
GPC	D	0.09%
IQV	D	0.09%
TTEK	F	0.09%
SWK	D	0.09%
VRSN	F	0.08%
MAN	D	0.08%
PODD	C	0.08%
CSGP	D	0.08%
PCTY	B	0.08%
BRX	A	0.06%
DKS	C	0.06%
KEY	B	0.06%
RKT	F	0.06%
HST	C	0.05%
LITE	B	0.05%
VLTO	D	0.05%
ON	D	0.05%
CIEN	B	0.05%
FSLR	F	0.04%
RHI	B	0.04%
ETSY	D	0.03%
CPRT	A	0.03%
HXL	D	0.03%
MRNA	F	0.02%

CVSE Underweight 93 Positions Relative to FDMO

Symbol	Grade	Weight
AMZN	C	-3.76%
GOOGL	C	-3.54%
META	D	-2.39%
BRK.A	B	-2.14%
AVGO	D	-2.03%
TSLA	B	-2.03%
JPM	A	-1.88%
PLTR	B	-1.3%
APP	B	-1.27%
BAC	A	-1.21%
XOM	B	-1.12%
COIN	C	-1.09%
ABBV	D	-1.08%
ISRG	A	-1.06%
GS	A	-0.99%
PG	A	-0.92%
COST	B	-0.92%
NTRA	B	-0.87%
WMT	A	-0.86%
HOOD	B	-0.83%
ANET	C	-0.82%
KKR	A	-0.8%
HCA	F	-0.78%
QTWO	A	-0.78%
GDDY	A	-0.78%
CVLT	B	-0.74%
GKOS	B	-0.74%
GE	D	-0.74%
RVMD	C	-0.73%
SYF	B	-0.72%
THC	D	-0.72%
BK	A	-0.7%
RNA	D	-0.7%
UBER	D	-0.67%
CVX	A	-0.67%
EVR	B	-0.67%
RTX	C	-0.66%
BKNG	A	-0.66%
KO	D	-0.61%
JXN	C	-0.59%
MPWR	F	-0.56%
PM	B	-0.55%
HWM	A	-0.52%
T	A	-0.52%
CARR	D	-0.51%
VRT	B	-0.51%
TDG	D	-0.5%
RCL	A	-0.48%
FIX	A	-0.47%
EME	C	-0.47%
TMUS	B	-0.45%
MLI	C	-0.44%
ZETA	D	-0.43%
DY	D	-0.42%
TRU	D	-0.4%
SN	D	-0.39%
LDOS	C	-0.38%
CVNA	B	-0.38%
MO	A	-0.37%
DUK	C	-0.35%
CL	D	-0.33%
TTD	B	-0.32%
LUMN	C	-0.32%
VST	B	-0.31%
WMB	A	-0.3%
OKE	A	-0.3%
CEG	D	-0.29%
KMI	A	-0.28%
PEG	A	-0.28%
KMB	D	-0.28%
WELL	A	-0.28%
AEP	D	-0.28%
TRGP	B	-0.27%
SPG	B	-0.25%
FRPT	B	-0.24%
NRG	B	-0.24%
TPL	A	-0.24%
PSA	D	-0.24%
DLR	B	-0.24%
SFM	A	-0.24%
NEM	D	-0.2%
DTM	B	-0.2%
IRM	D	-0.19%
FTI	A	-0.19%
ESS	B	-0.18%
SW	A	-0.17%
CRS	A	-0.16%
PKG	A	-0.16%
IFF	D	-0.15%
SLG	B	-0.15%
VNO	B	-0.15%
LPX	B	-0.15%
ATI	D	-0.14%