FBCV vs. LOWV ETF Comparison

Comparison of Fidelity Blue Chip Value ETF (FBCV) to AB US Low Volatility Equity ETF (LOWV)

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

$33.81

Average Daily Volume

11,160

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LOWV

AB US Low Volatility Equity ETF

LOWV Description

The fund is an actively-managed exchange-traded fund ("ETF"). The adviser seeks to achieve the fund"s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.64

Average Daily Volume

7,408

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FBCV	LOWV
30 Days	3.52%	1.62%
60 Days	4.01%	2.39%
90 Days	5.93%	4.17%
12 Months	22.34%	24.87%

18 Overlapping Holdings

Symbol	Grade	Weight in FBCV	Weight in LOWV	Overlap
AVGO	D	0.14%	3.28%	0.14%
BAC	A	2.36%	1.23%	1.23%
CI	F	2.77%	0.96%	0.96%
CMCSA	B	2.85%	1.26%	1.26%
DOX	D	1.13%	1.14%	1.13%
G	B	0.32%	1.06%	0.32%
GEN	B	1.35%	0.81%	0.81%
GILD	C	1.13%	1.26%	1.13%
JPM	A	3.47%	1.59%	1.59%
KO	D	1.38%	1.34%	1.34%
LHX	C	0.64%	1.14%	0.64%
LMT	D	1.24%	0.64%	0.64%
MRK	F	0.87%	1.73%	0.87%
MTB	A	0.96%	0.61%	0.61%
PG	A	1.26%	1.11%	1.11%
UNH	C	2.81%	2.09%	2.09%
WTW	B	1.23%	0.79%	0.79%
XOM	B	4.38%	0.66%	0.66%

FBCV Overweight 66 Positions Relative to LOWV

Symbol	Grade	Weight
TRV	B	2.81%
BRK.A	B	2.65%
PCG	A	2.45%
DIS	B	2.37%
CSCO	B	2.17%
CNC	D	2.14%
BLK	C	2.06%
DE	A	2.03%
KVUE	A	1.98%
AZN	D	1.83%
JNJ	D	1.78%
CB	C	1.75%
BMY	B	1.7%
HRB	D	1.7%
WFC	A	1.64%
EIX	B	1.5%
NOC	D	1.38%
ELV	F	1.36%
CTSH	B	1.35%
PNC	B	1.33%
CVS	D	1.27%
KDP	D	1.2%
NGG	D	1.11%
PNR	A	1.1%
LOW	D	1.06%
USFD	A	1.0%
CF	B	0.99%
HLN	D	0.98%
ROST	C	0.97%
FDX	B	0.91%
USB	A	0.87%
NTRS	A	0.86%
SRE	A	0.83%
APO	B	0.77%
JCI	C	0.76%
CCI	D	0.76%
CCEP	C	0.74%
MDLZ	F	0.74%
CCK	C	0.73%
TSN	B	0.72%
RRX	B	0.69%
NEE	D	0.67%
EQNR	D	0.66%
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	B	0.45%
CMI	A	0.41%
MUSA	A	0.39%
SO	D	0.38%
CHRW	C	0.38%
TPR	B	0.31%
ALSN	B	0.3%
SNY	F	0.3%
OVV	B	0.28%
OTEX	D	0.28%
GEV	B	0.26%
BNTX	D	0.26%
CFR	B	0.21%
OSK	B	0.16%
NXPI	D	0.15%
AR	B	0.12%
ULTA	F	0.1%

FBCV Underweight 56 Positions Relative to LOWV

Symbol	Grade	Weight
MSFT	F	-8.14%
GOOG	C	-4.91%
AAPL	C	-3.95%
FI	A	-2.47%
ORCL	B	-2.33%
NVDA	C	-2.24%
ABBV	D	-2.05%
V	A	-1.96%
PM	B	-1.91%
AMZN	C	-1.91%
MCK	B	-1.74%
ADP	B	-1.73%
INTU	C	-1.7%
META	D	-1.64%
AZO	C	-1.49%
ADBE	C	-1.41%
MMC	B	-1.34%
AEP	D	-1.33%
MA	C	-1.18%
NOW	A	-1.17%
CBOE	B	-1.1%
LULU	C	-1.08%
EG	C	-1.05%
SHW	A	-1.02%
ACM	A	-0.96%
BKNG	A	-0.96%
NYT	C	-0.9%
LLY	F	-0.89%
EA	A	-0.89%
YUM	B	-0.89%
VRTX	F	-0.86%
MDT	D	-0.85%
RELX	C	-0.83%
WMT	A	-0.82%
PGR	A	-0.79%
AEE	A	-0.77%
NTAP	C	-0.74%
PSA	D	-0.73%
ETN	A	-0.66%
DLB	B	-0.64%
MSCI	C	-0.63%
ADI	D	-0.6%
RGA	A	-0.6%
AMAT	F	-0.6%
LDOS	C	-0.55%
CL	D	-0.54%
AFG	A	-0.5%
ORLY	B	-0.48%
TSM	B	-0.48%
PAYX	C	-0.46%
SPGI	C	-0.41%
FR	C	-0.39%
CRM	B	-0.33%
NICE	C	-0.29%
TMO	F	-0.29%
VZ	C	-0.22%