FDEV vs. MFDX ETF Comparison

Comparison of Fidelity Targeted International Factor ETF (FDEV) to PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX)

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

$29.49

Average Daily Volume

17,713

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MFDX

PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF

MFDX Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of "factor portfolios," each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$32.06

Average Daily Volume

19,576

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDEV	MFDX
30 Days	0.47%	1.04%
60 Days	7.77%	8.12%
90 Days	8.01%	6.51%
12 Months	24.84%	23.35%

6 Overlapping Holdings

Symbol	Grade	Weight in FDEV	Weight in MFDX	Overlap
CNI	D	0.5%	0.16%	0.16%
FRO	D	0.51%	0.03%	0.03%
LOGI	D	0.1%	0.14%	0.1%
NVS	D	1.41%	0.65%	0.65%
STLA	F	0.27%	0.06%	0.06%
UL	B	1.26%	1.18%	1.18%

FDEV Overweight 0 Positions Relative to MFDX

	Symbol	Grade	Weight

FDEV Underweight 46 Positions Relative to MFDX

Symbol	Grade	Weight
ABBV	A	-0.67%
MDT	A	-0.35%
TT	A	-0.33%
NXPI	F	-0.32%
MUFG	D	-0.32%
ARM	C	-0.28%
MFG	D	-0.28%
SMFG	D	-0.24%
BCS	C	-0.24%
TM	D	-0.21%
GRMN	D	-0.21%
HMC	D	-0.19%
WCN	D	-0.19%
SE	A	-0.16%
SPOT	B	-0.16%
DEO	C	-0.15%
CHKP	C	-0.13%
ICLR	F	-0.11%
TEVA	D	-0.1%
GOLD	C	-0.1%
LYG	C	-0.1%
RBA	D	-0.09%
WFG	A	-0.08%
E	D	-0.08%
CCEP	D	-0.06%
LULU	D	-0.06%
NMR	F	-0.06%
ALLE	A	-0.05%
ALV	F	-0.04%
QGEN	D	-0.04%
WIX	D	-0.04%
PDS	F	-0.03%
AEI	C	-0.03%
CYBR	C	-0.03%
AGCO	D	-0.03%
TNK	D	-0.02%
ASND	C	-0.02%
DOOO	F	-0.02%
MNDY	C	-0.02%
SONY	B	-0.02%
SFL	D	-0.01%
AER	C	-0.01%
YY	C	-0.01%
IAG	C	-0.01%
MBAVU	D	-0.0%
CSIQ	D	-0.0%