FDEV vs. DBEU ETF Comparison

Comparison of Fidelity Targeted International Factor ETF (FDEV) to db X-Trackers MSCI Europe Hedged Equity Fund (DBEU)

FDEV

Fidelity Targeted International Factor ETF

FDEV Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Targeted International Factor Index℠. The fund invests at least 80% of its assets in securities included in the index and in depository receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization developed international companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader developed international equity market, and lower correlation to the U.S. equity market.

Grade (RS Rating)

Last Trade

$29.67

Average Daily Volume

17,110

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DBEU

db X-Trackers MSCI Europe Hedged Equity Fund

DBEU Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Europe US Dollar Hedged Index. The fund will normally invest at least 80% of its net assets in equity securities of issuers from Europe and in instruments designed to hedge the fund's exposure to non-U.S. currencies. It will invest at least 80% of its total assets in instruments that comprise the index. The index is designed to provide exposure to equity securities in developed stock markets in Europe, while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected non-U.S. currencies.

Grade (RS Rating)

Last Trade

$42.36

Average Daily Volume

47,603

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDEV	DBEU
30 Days	2.78%	1.69%
60 Days	6.09%	2.13%
90 Days	9.42%	1.57%
12 Months	18.95%	17.43%

4 Overlapping Holdings

Symbol	Grade	Weight in FDEV	Weight in DBEU	Overlap
LOGI	D	0.1%	0.11%	0.1%
NVS	C	1.44%	1.97%	1.44%
STLA	F	0.28%	0.28%	0.28%
UL	C	1.29%	1.41%	1.29%

FDEV Overweight 2 Positions Relative to DBEU

	Symbol	Grade	Weight
	FRO	D	0.53%
	CNI	D	0.51%

FDEV Underweight 8 Positions Relative to DBEU

Symbol	Grade	Weight
ABBV	C	-0.74%
DEO	C	-0.62%
LYG	B	-0.41%
BCS	B	-0.36%
E	C	-0.3%
CCEP	B	-0.15%
AER	B	-0.15%
QGEN	C	-0.08%