FDLO vs. FXR ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to First Trust Industrials AlphaDEX (FXR)

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

$61.98

Average Daily Volume

74,193

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

FXR

First Trust Industrials AlphaDEX

FXR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Industrials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the industrials and producer durables sectors that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$82.15

Average Daily Volume

33,507

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	FXR
30 Days	0.81%	7.85%
60 Days	1.49%	9.12%
90 Days	4.05%	12.26%
12 Months	21.68%	40.52%

17 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in FXR	Overlap
ADP	B	0.66%	0.25%	0.25%
AMCR	D	0.15%	0.41%	0.15%
ATR	B	0.16%	0.49%	0.16%
BAH	F	0.43%	0.86%	0.43%
FCN	D	0.34%	0.39%	0.34%
GD	F	0.49%	0.44%	0.44%
HII	D	0.29%	0.67%	0.29%
HON	B	0.7%	0.25%	0.25%
J	F	0.39%	0.48%	0.39%
JKHY	D	0.51%	0.22%	0.22%
LHX	C	0.49%	0.24%	0.24%
LMT	D	0.58%	1.08%	0.58%
MLM	B	0.19%	0.99%	0.19%
PKG	A	0.19%	0.77%	0.19%
SHW	A	0.3%	0.71%	0.3%
UNP	C	0.63%	0.22%	0.22%
VMC	B	0.2%	0.25%	0.2%

FDLO Overweight 108 Positions Relative to FXR

Symbol	Grade	Weight
AAPL	C	7.26%
MSFT	F	6.93%
GOOGL	C	4.12%
AMZN	C	3.92%
BRK.A	B	2.13%
ORCL	B	2.01%
JPM	A	1.89%
CSCO	B	1.77%
ACN	C	1.6%
LLY	F	1.57%
UNH	C	1.55%
IBM	C	1.54%
MSI	B	1.49%
TXN	C	1.48%
V	A	1.47%
MA	C	1.34%
ROP	B	1.21%
HD	A	1.19%
TYL	B	1.19%
JNJ	D	1.18%
XOM	B	1.17%
VRSN	F	1.08%
DOX	D	1.08%
AKAM	D	1.03%
PG	A	0.99%
T	A	0.99%
ABBV	D	0.98%
TMUS	B	0.97%
CMCSA	B	0.95%
WMT	A	0.95%
VZ	C	0.93%
ABT	B	0.9%
MRK	F	0.88%
PGR	A	0.84%
MCD	D	0.8%
TMO	F	0.78%
EA	A	0.72%
CB	C	0.72%
ETN	A	0.72%
LOW	D	0.71%
AMGN	D	0.71%
SBUX	A	0.7%
VRTX	F	0.69%
CVX	A	0.69%
TRV	B	0.69%
CME	A	0.69%
MMC	B	0.67%
KO	D	0.66%
TJX	A	0.65%
PEP	F	0.62%
PM	B	0.62%
AJG	B	0.61%
AIZ	A	0.61%
BDX	F	0.6%
FDS	B	0.59%
ITW	B	0.56%
WRB	A	0.56%
NKE	D	0.56%
WM	A	0.55%
CBOE	B	0.55%
FAST	B	0.54%
LIN	D	0.53%
ORLY	B	0.53%
PAYX	C	0.51%
GRMN	B	0.51%
REGN	F	0.5%
NOC	D	0.5%
OTIS	C	0.47%
AZO	C	0.47%
RSG	A	0.47%
TSCO	D	0.46%
ERIE	D	0.45%
COP	C	0.41%
SO	D	0.37%
MDLZ	F	0.37%
CL	D	0.35%
DUK	C	0.35%
WMB	A	0.34%
EOG	A	0.32%
EQIX	A	0.31%
XEL	A	0.3%
KMB	D	0.3%
KMI	A	0.3%
AMT	D	0.29%
GIS	D	0.28%
LNG	B	0.28%
AEP	D	0.28%
WEC	A	0.27%
APD	A	0.27%
AEE	A	0.26%
DLR	B	0.26%
PSA	D	0.25%
ED	D	0.25%
CMS	C	0.24%
HSY	F	0.24%
ECL	D	0.24%
DTM	B	0.23%
O	D	0.22%
CCI	D	0.21%
CTVA	C	0.2%
CTRA	B	0.19%
CSGP	D	0.18%
MAA	B	0.18%
EQR	B	0.18%
ADC	B	0.16%
AMH	D	0.16%
ELS	C	0.16%
AVY	D	0.14%

FDLO Underweight 120 Positions Relative to FXR

Symbol	Grade	Weight
AXON	A	-1.77%
SYF	B	-1.52%
WCC	B	-1.45%
AAON	B	-1.44%
SNA	A	-1.44%
FICO	B	-1.4%
MDU	D	-1.38%
PCAR	B	-1.36%
G	B	-1.35%
EME	C	-1.35%
GPN	B	-1.33%
FIX	A	-1.32%
HWM	A	-1.32%
OSK	B	-1.3%
FOUR	B	-1.3%
OC	A	-1.29%
AL	B	-1.27%
PWR	A	-1.27%
HEI	B	-1.24%
AXP	A	-1.24%
URI	B	-1.23%
TT	A	-1.23%
LPX	B	-1.22%
CNH	C	-1.12%
ALSN	B	-1.1%
SON	D	-1.08%
GTES	A	-1.07%
GNRC	B	-1.06%
FI	A	-1.06%
VNT	B	-1.04%
R	B	-1.03%
TTEK	F	-1.02%
SNDR	B	-0.97%
EXP	A	-0.96%
FDX	B	-0.96%
CTAS	B	-0.95%
ADTN	A	-0.93%
MSM	C	-0.9%
CSL	C	-0.9%
CXT	B	-0.89%
TXT	D	-0.88%
BERY	B	-0.88%
GPK	C	-0.87%
BC	C	-0.87%
MMM	D	-0.87%
VSTS	C	-0.86%
TRU	D	-0.86%
COF	B	-0.86%
TDG	D	-0.85%
AGCO	D	-0.85%
GE	D	-0.85%
AYI	B	-0.84%
BLDR	D	-0.84%
BWXT	B	-0.83%
AWI	A	-0.82%
TDY	B	-0.76%
ZBRA	B	-0.75%
JBHT	C	-0.75%
NVT	B	-0.74%
DOV	A	-0.74%
KEX	C	-0.74%
KNX	B	-0.73%
DCI	B	-0.73%
LII	A	-0.72%
SLGN	A	-0.72%
EEFT	B	-0.72%
CSX	B	-0.72%
CAT	B	-0.69%
MIDD	C	-0.68%
SSD	D	-0.67%
DE	A	-0.66%
VLTO	D	-0.65%
SPR	D	-0.65%
EFX	F	-0.63%
BLD	D	-0.63%
WU	D	-0.62%
SAIA	B	-0.56%
SQ	B	-0.56%
ESAB	B	-0.54%
GXO	B	-0.52%
CMI	A	-0.51%
GWW	B	-0.51%
PYPL	B	-0.5%
RHI	B	-0.5%
LECO	B	-0.49%
PNR	A	-0.49%
IEX	B	-0.48%
AZEK	A	-0.45%
UPS	C	-0.44%
SEE	C	-0.44%
CNM	D	-0.43%
TTC	D	-0.43%
FTV	C	-0.43%
CARR	D	-0.42%
PPG	F	-0.42%
ATI	D	-0.38%
AOS	F	-0.37%
DOW	F	-0.37%
WMS	D	-0.37%
EMR	A	-0.27%
FLS	B	-0.26%
CW	B	-0.25%
PH	A	-0.25%
AXTA	A	-0.25%
RPM	A	-0.25%
AME	A	-0.25%
WAB	B	-0.24%
WWD	B	-0.23%
ITT	A	-0.23%
GGG	B	-0.23%
KEYS	A	-0.22%
ALLE	D	-0.22%
MSA	D	-0.22%
NDSN	B	-0.22%
LSTR	D	-0.22%
BALL	D	-0.21%
EXPD	D	-0.21%
LFUS	F	-0.21%
MAS	D	-0.21%
FBIN	D	-0.19%