FDLO vs. FDRR ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to Fidelity Dividend ETF for Rising Rates (FDRR)

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$61.85

Average Daily Volume

75,598

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

FDRR

Fidelity Dividend ETF for Rising Rates

FDRR Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates. Normally investing at least 80% of assets in securities included in the Fidelity Dividend Index for Rising Rates and in depository receipts representing securities included in the index. The Fidelity Dividend Index for Rising Rates is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends and have a positive correlation of returns to increasing 10-year U.S. Treasury yields.

Grade (RS Rating)

Last Trade

$53.06

Average Daily Volume

20,273

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	FDRR
30 Days	0.66%	0.61%
60 Days	3.14%	5.12%
90 Days	6.14%	6.77%
12 Months	23.96%	32.16%

42 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in FDRR	Overlap
AAPL	C	7.22%	7.1%	7.1%
ABBV	D	1.18%	1.44%	1.18%
AEP	D	0.27%	0.27%	0.27%
AMCR	D	0.15%	0.16%	0.15%
APD	B	0.26%	0.27%	0.26%
CCI	F	0.2%	0.24%	0.2%
CMCSA	B	0.96%	0.75%	0.75%
CME	A	0.67%	0.76%	0.67%
COP	C	0.4%	0.42%	0.4%
CSCO	A	1.75%	1.44%	1.44%
CVX	B	0.66%	0.68%	0.66%
DUK	D	0.35%	0.32%	0.32%
EA	A	0.7%	0.59%	0.59%
EOG	A	0.29%	0.33%	0.29%
HD	B	1.14%	1.31%	1.14%
HON	B	0.65%	0.76%	0.65%
IBM	C	1.58%	1.35%	1.35%
JNJ	D	1.18%	1.35%	1.18%
JPM	B	1.79%	2.01%	1.79%
KO	F	0.67%	0.82%	0.67%
LIN	D	0.54%	0.55%	0.54%
LLY	F	1.65%	1.96%	1.65%
LMT	C	0.59%	0.81%	0.59%
LOW	B	0.69%	0.92%	0.69%
MCD	C	0.8%	0.91%	0.8%
MRK	F	0.91%	1.0%	0.91%
MSFT	C	6.98%	6.66%	6.66%
NKE	F	0.55%	0.56%	0.55%
PEP	D	0.63%	0.75%	0.63%
PG	C	0.93%	1.07%	0.93%
PM	C	0.59%	0.83%	0.59%
PSA	C	0.24%	0.3%	0.24%
SBUX	B	0.67%	0.74%	0.67%
SO	D	0.36%	0.35%	0.35%
T	A	0.95%	0.83%	0.83%
TJX	B	0.62%	0.88%	0.62%
TXN	C	1.58%	1.55%	1.55%
UNH	B	1.55%	1.82%	1.55%
UNP	C	0.64%	0.71%	0.64%
V	A	1.43%	1.51%	1.43%
VZ	C	0.89%	0.74%	0.74%
XOM	B	1.17%	1.09%	1.09%

FDLO Overweight 83 Positions Relative to FDRR

Symbol	Grade	Weight
GOOGL	B	4.25%
AMZN	A	4.0%
BRK.A	B	2.04%
ORCL	A	2.01%
ACN	C	1.6%
MSI	B	1.41%
MA	B	1.31%
ROP	A	1.24%
AKAM	F	1.21%
TYL	B	1.21%
DOX	C	1.17%
VRSN	C	1.09%
TMUS	A	0.94%
WMT	A	0.93%
ABT	C	0.88%
PGR	A	0.83%
TMO	F	0.83%
AMGN	F	0.79%
VRTX	B	0.73%
ETN	A	0.71%
CB	C	0.68%
MMC	C	0.67%
TRV	B	0.66%
ADP	A	0.66%
AJG	A	0.59%
BDX	D	0.59%
AIZ	A	0.57%
FDS	A	0.57%
ITW	A	0.55%
CBOE	D	0.54%
WRB	B	0.54%
FAST	A	0.54%
WM	A	0.54%
REGN	F	0.53%
JKHY	C	0.52%
NOC	C	0.52%
ORLY	A	0.52%
GRMN	A	0.51%
GD	A	0.51%
PAYX	B	0.51%
LHX	A	0.5%
BAH	C	0.49%
RSG	A	0.47%
AZO	C	0.47%
ERIE	F	0.47%
OTIS	C	0.47%
TSCO	C	0.47%
J	B	0.4%
MDLZ	F	0.38%
FCN	F	0.36%
CL	F	0.34%
WMB	B	0.32%
SHW	A	0.3%
EQIX	B	0.3%
HII	D	0.29%
KMI	B	0.29%
KMB	F	0.29%
GIS	F	0.28%
XEL	A	0.28%
AMT	F	0.28%
WEC	B	0.26%
DLR	C	0.26%
LNG	B	0.26%
ED	D	0.25%
HSY	D	0.24%
ECL	C	0.24%
AEE	A	0.24%
CMS	C	0.23%
O	D	0.22%
DTM	B	0.22%
CTVA	C	0.21%
MLM	B	0.2%
VMC	B	0.2%
CSGP	D	0.19%
PKG	B	0.19%
EQR	C	0.18%
CTRA	B	0.18%
ATR	A	0.17%
MAA	C	0.17%
ADC	A	0.15%
AVY	F	0.15%
AMH	C	0.15%
ELS	C	0.15%

FDLO Underweight 59 Positions Relative to FDRR

Symbol	Grade	Weight
NVDA	B	-8.74%
AVGO	C	-2.8%
DELL	B	-1.47%
BAC	A	-1.32%
WFC	A	-1.27%
GS	B	-1.2%
HPQ	B	-1.19%
MS	A	-1.13%
BX	A	-1.03%
CAT	C	-0.98%
BMY	B	-0.96%
PFE	F	-0.96%
GE	C	-0.96%
PNC	B	-0.94%
C	A	-0.92%
RTX	C	-0.91%
GM	A	-0.89%
USB	A	-0.83%
TFC	B	-0.83%
MAR	A	-0.73%
DE	D	-0.68%
BBY	D	-0.66%
FOXA	A	-0.65%
CVS	F	-0.65%
TKO	D	-0.63%
MO	A	-0.63%
UPS	C	-0.61%
PCAR	B	-0.61%
F	C	-0.56%
OMC	B	-0.56%
NWSA	B	-0.55%
NYT	C	-0.53%
NXST	C	-0.48%
NEE	D	-0.46%
GEV	B	-0.45%
TRGP	B	-0.45%
IPG	F	-0.43%
WMG	B	-0.4%
PARA	C	-0.36%
PLD	D	-0.34%
SPG	B	-0.32%
FCX	F	-0.27%
OHI	C	-0.26%
D	D	-0.26%
NEM	F	-0.25%
IP	C	-0.24%
EXC	C	-0.23%
VICI	D	-0.23%
EIX	C	-0.23%
WY	F	-0.21%
DVN	F	-0.21%
GLPI	D	-0.21%
WPC	F	-0.18%
IFF	F	-0.18%
DOW	F	-0.17%
WBA	D	-0.16%
LYB	F	-0.15%
CIVI	F	-0.15%
MOS	D	-0.13%