EQWL vs. FQAL ETF Comparison

Comparison of PowerShares Russell Top 200 Equal Weight Portfolio (EQWL) to Fidelity Quality Factor ETF (FQAL)

EQWL

PowerShares Russell Top 200 Equal Weight Portfolio

EQWL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell Top 200 Equal Weight Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the component securities that comprise the underlying index. The underlying index is designed to provide equal-weighted exposure to the securities of the largest 200 companies in the U.S. equity market.

Grade (RS Rating)

Last Trade

$101.93

Average Daily Volume

45,090

Number of Holdings ^*

101

* 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

$64.50

Average Daily Volume

46,112

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	EQWL	FQAL
30 Days	3.35%	1.99%
60 Days	5.49%	4.59%
90 Days	7.99%	4.90%
12 Months	27.80%	28.74%

42 Overlapping Holdings

Symbol	Grade	Weight in EQWL	Weight in FQAL	Overlap
AAPL	C	0.98%	6.81%	0.98%
ABBV	C	1.08%	1.39%	1.08%
ACN	C	1.14%	1.08%	1.08%
ADBE	F	1.04%	1.17%	1.04%
AMT	C	1.13%	0.34%	0.34%
AVGO	C	0.89%	2.07%	0.89%
BKNG	C	0.94%	0.98%	0.94%
BMY	C	1.1%	0.91%	0.91%
CAT	B	0.99%	0.7%	0.7%
CL	D	1.06%	0.43%	0.43%
COP	D	0.88%	0.39%	0.39%
COST	B	1.0%	1.06%	1.0%
CVX	D	0.85%	0.61%	0.61%
GILD	B	1.2%	0.98%	0.98%
GOOGL	D	0.45%	3.44%	0.45%
HD	B	1.01%	1.43%	1.01%
JNJ	C	1.06%	1.5%	1.06%
KO	C	1.07%	0.79%	0.79%
LIN	B	1.0%	0.57%	0.57%
LLY	C	1.0%	2.24%	1.0%
LMT	C	1.16%	0.62%	0.62%
LOW	B	1.05%	0.99%	0.99%
MA	B	1.03%	1.45%	1.03%
MCD	B	1.08%	1.15%	1.08%
MDLZ	B	1.06%	0.46%	0.46%
META	B	0.98%	2.47%	0.98%
MMM	B	1.23%	0.53%	0.53%
MO	C	1.11%	0.43%	0.43%
MSFT	C	0.9%	6.74%	0.9%
NEE	C	1.07%	0.53%	0.53%
NFLX	B	0.96%	0.84%	0.84%
NVDA	D	0.84%	6.31%	0.84%
PG	C	0.97%	1.04%	0.97%
PM	C	1.14%	0.63%	0.63%
QCOM	D	0.72%	0.98%	0.72%
SO	B	1.06%	0.38%	0.38%
SPG	B	1.03%	0.23%	0.23%
T	C	1.15%	0.57%	0.57%
UNP	C	1.05%	0.67%	0.67%
V	C	0.99%	1.54%	0.99%
VZ	B	1.03%	0.62%	0.62%
XOM	C	0.95%	1.12%	0.95%

EQWL Overweight 59 Positions Relative to FQAL

Symbol	Grade	Weight
TSLA	C	1.21%
SBUX	C	1.17%
IBM	B	1.17%
CHTR	D	1.15%
WMT	C	1.12%
UNH	C	1.11%
BK	B	1.11%
ORCL	C	1.1%
PYPL	B	1.09%
BLK	B	1.08%
RTX	C	1.08%
FDX	C	1.08%
TMUS	C	1.07%
USB	B	1.06%
AXP	B	1.06%
DUK	C	1.06%
ABT	C	1.05%
MDT	C	1.04%
BRK.A	C	1.04%
MET	B	1.03%
AMGN	B	1.03%
INTU	C	1.02%
GE	B	1.02%
CSCO	C	1.02%
KHC	C	1.02%
CRM	D	1.02%
PEP	C	1.01%
DHR	B	1.0%
JPM	D	1.0%
TMO	B	1.0%
TGT	C	0.99%
GS	C	0.99%
PFE	C	0.99%
CMCSA	D	0.98%
DE	B	0.96%
COF	B	0.96%
GD	B	0.96%
MS	D	0.95%
AMZN	C	0.95%
TXN	C	0.94%
AIG	D	0.93%
HON	D	0.92%
GM	C	0.92%
BAC	D	0.92%
C	C	0.9%
AMD	D	0.89%
CVS	D	0.89%
EMR	D	0.89%
UPS	D	0.88%
BA	F	0.86%
F	F	0.85%
DOW	D	0.85%
WFC	D	0.84%
MRK	D	0.83%
DIS	D	0.83%
SCHW	D	0.79%
NKE	D	0.78%
INTC	F	0.59%
GOOG	D	0.37%

EQWL Underweight 82 Positions Relative to FQAL

Symbol	Grade	Weight
PGR	B	-1.02%
SPGI	B	-0.99%
VRTX	D	-0.92%
ZTS	C	-0.92%
VEEV	C	-0.9%
PANW	D	-0.89%
BX	B	-0.88%
AMAT	D	-0.87%
CME	C	-0.85%
IDXX	C	-0.83%
FICO	B	-0.82%
ACGL	C	-0.8%
MCO	B	-0.8%
ORLY	C	-0.8%
GRMN	D	-0.79%
KLAC	D	-0.79%
AZO	D	-0.78%
LRCX	F	-0.75%
YUM	D	-0.75%
AMP	A	-0.74%
MSCI	C	-0.73%
CPAY	B	-0.72%
MTD	D	-0.71%
ABNB	D	-0.69%
WSM	D	-0.68%
DPZ	F	-0.68%
KNSL	C	-0.67%
MEDP	F	-0.66%
JXN	A	-0.63%
CBSH	C	-0.63%
EWBC	D	-0.62%
ADP	B	-0.62%
CFR	C	-0.61%
QLYS	F	-0.56%
CTAS	B	-0.54%
TDG	B	-0.54%
ITW	C	-0.51%
CSX	D	-0.49%
PAYX	C	-0.48%
GWW	B	-0.48%
FAST	C	-0.47%
AME	C	-0.47%
VRSK	D	-0.46%
CPRT	D	-0.44%
OTIS	C	-0.44%
ODFL	D	-0.42%
TTD	B	-0.38%
PLD	C	-0.36%
KMB	D	-0.34%
CEG	C	-0.32%
MNST	D	-0.31%
SHW	B	-0.31%
HSY	C	-0.3%
EOG	D	-0.29%
WMB	B	-0.28%
PSA	B	-0.26%
ECL	B	-0.26%
WEC	C	-0.26%
VST	C	-0.25%
O	C	-0.24%
NRG	C	-0.24%
FCX	D	-0.24%
LNG	C	-0.24%
EXR	B	-0.21%
AVB	B	-0.2%
VICI	C	-0.2%
NFG	B	-0.2%
EQR	B	-0.19%
UGI	C	-0.19%
TPL	B	-0.19%
MLM	D	-0.18%
SBAC	C	-0.18%
NUE	F	-0.18%
AM	C	-0.18%
AVY	C	-0.17%
ESS	B	-0.17%
GLPI	C	-0.16%
WHD	C	-0.16%
CF	C	-0.16%
EXP	B	-0.15%
RS	D	-0.15%
RGLD	C	-0.15%