FBCV vs. FTQI ETF Comparison

Comparison of Fidelity Blue Chip Value ETF (FBCV) to First Trust Low Beta Income ETF (FTQI)

FBCV

Fidelity Blue Chip Value ETF

FBCV Description

The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.73

Average Daily Volume

11,069

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTQI

First Trust Low Beta Income ETF

FTQI Description

The investment seeks to provide current income. The fund will pursue its objective by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of buying U.S. exchange-traded put options on the Standard & Poor's 500(c) Index (the "index") and writing (selling) U.S. exchange-traded covered call options on the index. The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will buy and write will be limited to U.S. exchange-traded securities and options. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.80

Average Daily Volume

178,615

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

Performance

Period	FBCV	FTQI
30 Days	2.38%	1.17%
60 Days	3.66%	2.84%
90 Days	5.15%	4.93%
12 Months	21.44%	17.52%

13 Overlapping Holdings

Symbol	Grade	Weight in FBCV	Weight in FTQI	Overlap
AVGO	D	0.14%	4.07%	0.14%
BNTX	C	0.26%	0.16%	0.16%
CHRW	B	0.38%	0.18%	0.18%
CSCO	B	2.17%	1.56%	1.56%
DOX	D	1.13%	0.17%	0.17%
GEV	B	0.26%	0.05%	0.05%
LOW	C	1.06%	0.12%	0.12%
MUSA	B	0.39%	0.16%	0.16%
NTRS	A	0.86%	0.19%	0.19%
SNY	F	0.3%	0.28%	0.28%
ULTA	F	0.1%	0.14%	0.1%
WTW	B	1.23%	0.16%	0.16%
XOM	B	4.38%	0.15%	0.15%

FBCV Overweight 71 Positions Relative to FTQI

Symbol	Grade	Weight
JPM	A	3.47%
CMCSA	B	2.85%
UNH	B	2.81%
TRV	B	2.81%
CI	D	2.77%
BRK.A	B	2.65%
PCG	A	2.45%
DIS	B	2.37%
BAC	A	2.36%
CNC	D	2.14%
BLK	B	2.06%
DE	B	2.03%
KVUE	A	1.98%
AZN	F	1.83%
JNJ	C	1.78%
CB	C	1.75%
BMY	B	1.7%
HRB	D	1.7%
WFC	A	1.64%
EIX	B	1.5%
KO	D	1.38%
NOC	D	1.38%
ELV	F	1.36%
CTSH	B	1.35%
GEN	B	1.35%
PNC	B	1.33%
CVS	D	1.27%
PG	C	1.26%
LMT	D	1.24%
KDP	F	1.2%
GILD	C	1.13%
NGG	D	1.11%
PNR	A	1.1%
USFD	A	1.0%
CF	A	0.99%
HLN	C	0.98%
ROST	D	0.97%
MTB	A	0.96%
FDX	B	0.91%
USB	A	0.87%
MRK	D	0.87%
SRE	A	0.83%
APO	B	0.77%
JCI	B	0.76%
CCI	C	0.76%
CCEP	C	0.74%
MDLZ	F	0.74%
CCK	D	0.73%
TSN	B	0.72%
RRX	B	0.69%
NEE	C	0.67%
EQNR	C	0.66%
LHX	C	0.64%
BJ	A	0.63%
DEO	F	0.62%
MMS	F	0.59%
AES	F	0.56%
MU	D	0.5%
OXY	D	0.49%
SPG	A	0.45%
CMI	A	0.41%
SO	C	0.38%
G	B	0.32%
TPR	B	0.31%
ALSN	B	0.3%
OVV	B	0.28%
OTEX	F	0.28%
CFR	B	0.21%
OSK	C	0.16%
NXPI	D	0.15%
AR	B	0.12%

FBCV Underweight 182 Positions Relative to FTQI

Symbol	Grade	Weight
AAPL	C	-9.03%
MSFT	D	-8.03%
NVDA	B	-5.22%
AMZN	C	-4.39%
META	D	-4.15%
TSLA	B	-3.05%
COST	A	-2.64%
NFLX	A	-2.4%
GOOG	C	-1.87%
GOOGL	C	-1.87%
TMUS	B	-1.78%
TXN	C	-1.54%
AMD	F	-1.45%
PEP	F	-1.45%
INTU	B	-1.32%
EQIX	A	-1.25%
ADBE	C	-1.22%
LIN	C	-1.19%
QCOM	F	-1.11%
CME	B	-0.96%
LLY	F	-0.9%
NTAP	C	-0.79%
ORCL	A	-0.75%
CHKP	C	-0.72%
SPGI	C	-0.6%
CRM	B	-0.58%
APH	A	-0.58%
MGEE	B	-0.58%
APP	B	-0.52%
UFPI	C	-0.51%
PTC	B	-0.5%
LNT	A	-0.49%
DUOL	A	-0.48%
NOW	A	-0.46%
CASY	A	-0.43%
TYL	B	-0.4%
WMT	A	-0.39%
BGC	C	-0.39%
STX	C	-0.38%
ZBRA	B	-0.37%
CG	B	-0.37%
NDAQ	A	-0.36%
A	D	-0.34%
WFRD	D	-0.31%
IESC	C	-0.31%
ANET	C	-0.29%
PAGP	A	-0.29%
BCPC	B	-0.29%
TSCO	D	-0.28%
SBAC	D	-0.28%
MORN	B	-0.28%
EWBC	A	-0.28%
PNFP	B	-0.27%
OTTR	C	-0.27%
MEDP	D	-0.27%
AMT	C	-0.27%
EVRG	A	-0.26%
SOFI	B	-0.26%
WWD	C	-0.25%
LITE	B	-0.25%
AXON	A	-0.25%
ICLR	D	-0.25%
UMBF	B	-0.24%
CYBR	A	-0.24%
V	A	-0.24%
UPST	B	-0.24%
IDCC	B	-0.24%
COIN	C	-0.24%
STRL	A	-0.24%
MTSI	B	-0.23%
HOOD	B	-0.23%
MSI	B	-0.22%
ERIE	D	-0.22%
RVMD	C	-0.22%
PTEN	C	-0.22%
EXPE	B	-0.22%
NBIX	C	-0.21%
COKE	C	-0.2%
PODD	C	-0.2%
NTRA	A	-0.2%
MANH	D	-0.2%
DJT	C	-0.2%
MPWR	F	-0.2%
FFIV	B	-0.2%
SAIA	B	-0.2%
INCY	C	-0.19%
CL	D	-0.19%
FCNCA	A	-0.18%
AAON	B	-0.18%
HBAN	A	-0.18%
REG	A	-0.18%
NOVT	D	-0.18%
ZION	B	-0.18%
ICUI	D	-0.18%
UTHR	C	-0.18%
MKSI	C	-0.18%
TRMB	B	-0.18%
VRNS	D	-0.18%
OLLI	D	-0.18%
GH	B	-0.17%
CINF	A	-0.17%
MDGL	B	-0.17%
SSNC	B	-0.17%
ABBV	F	-0.17%
EBAY	D	-0.17%
OLED	F	-0.17%
LECO	C	-0.16%
WIX	A	-0.16%
MASI	B	-0.16%
ARGX	B	-0.16%
ITRI	C	-0.16%
JAZZ	B	-0.16%
PCVX	D	-0.16%
FITB	B	-0.16%
LSTR	D	-0.15%
CAT	B	-0.15%
POOL	C	-0.15%
AXP	A	-0.15%
JBHT	C	-0.15%
FRPT	A	-0.14%
PH	A	-0.14%
RMD	C	-0.14%
BSY	F	-0.14%
ETN	A	-0.14%
PGR	A	-0.14%
ENSG	C	-0.14%
HALO	F	-0.14%
CHDN	B	-0.14%
MKTX	D	-0.13%
TECH	F	-0.13%
MIDD	C	-0.13%
SFM	A	-0.13%
MRUS	F	-0.13%
WAT	C	-0.13%
CYTK	F	-0.13%
VEEV	C	-0.13%
RGLD	C	-0.13%
TTEK	F	-0.13%
VMC	B	-0.13%
GE	D	-0.12%
VKTX	F	-0.12%
ALNY	D	-0.12%
LANC	C	-0.12%
KRYS	C	-0.12%
TWST	F	-0.12%
ROIV	C	-0.12%
MTD	F	-0.11%
UFPT	C	-0.11%
WM	B	-0.11%
SHOO	F	-0.11%
TROW	B	-0.1%
MMYT	B	-0.09%
BL	B	-0.09%
DOCU	B	-0.09%
LOGI	D	-0.09%
HOLX	D	-0.09%
TRMD	F	-0.09%
CRVL	B	-0.09%
CVLT	B	-0.08%
CSWI	B	-0.07%
BMRN	F	-0.06%
ASND	F	-0.05%
NWSA	A	-0.05%
ACGL	C	-0.05%
TW	A	-0.05%
CVCO	A	-0.04%
APA	D	-0.03%
QRVO	F	-0.03%
RGEN	D	-0.02%
OKTA	C	-0.02%
REYN	D	-0.01%
RXST	F	-0.01%
TMDX	F	-0.01%
ACHC	F	-0.01%
LEGN	D	-0.01%
ACLS	F	-0.01%
APLS	F	-0.01%
LNTH	D	-0.01%
XRAY	F	-0.01%
SRPT	F	-0.01%
EXAS	D	-0.01%
RPRX	D	-0.01%