FDLO vs. JEPQ ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ)

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

$60.91

Average Daily Volume

89,785

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

JEPQ

J.P. Morgan Nasdaq Equity Premium Income ETF

JEPQ Description

J.P. Morgan Nasdaq Equity Premium Income ETF its a fund to list on the Nasdaq, is an active equity ETF that seeks to deliver an attractive distributable yield while also delivering a significant portion of the returns associated with the fund’s primary benchmark, the Nasdaq-100 Index, with less volatility. This Fund was built for investors that are seeking income while also owning companies that provide exposure to Nasdaq's innovative marketplace. This strategy benefits from the intentionality of an active manager while being delivered through the ETF technology.

Grade (RS Rating)

Last Trade

$54.36

Average Daily Volume

3,074,148

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	JEPQ
30 Days	2.72%	2.07%
60 Days	5.11%	1.47%
90 Days	6.79%	-0.46%
12 Months	23.48%	23.99%

26 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in JEPQ	Overlap
AAPL	C	7.33%	7.47%	7.33%
ABBV	C	1.18%	0.53%	0.53%
AMGN	B	0.84%	0.48%	0.48%
AMZN	C	3.64%	4.45%	3.64%
CMCSA	D	0.87%	0.99%	0.87%
CSCO	C	1.54%	0.9%	0.9%
ETN	C	0.61%	0.38%	0.38%
HON	D	0.64%	0.67%	0.64%
KO	C	0.77%	0.51%	0.51%
LIN	B	0.56%	1.01%	0.56%
LOW	B	0.66%	0.41%	0.41%
MA	B	1.28%	0.32%	0.32%
MDLZ	B	0.44%	0.76%	0.44%
MSFT	C	7.19%	7.0%	7.0%
ORCL	C	1.76%	0.38%	0.38%
ORLY	C	0.5%	0.61%	0.5%
PEP	C	0.7%	0.87%	0.7%
REGN	C	0.76%	1.09%	0.76%
SBUX	C	0.71%	0.41%	0.41%
SO	B	0.39%	0.35%	0.35%
TMO	B	0.96%	0.29%	0.29%
TMUS	C	0.84%	1.04%	0.84%
TXN	C	1.52%	0.87%	0.87%
UNH	C	1.57%	0.34%	0.34%
VRTX	D	0.71%	0.91%	0.71%
XEL	B	0.28%	0.34%	0.28%

FDLO Overweight 99 Positions Relative to JEPQ

Symbol	Grade	Weight
GOOGL	D	3.68%
BRK.A	C	2.09%
LLY	C	1.98%
JPM	D	1.63%
ACN	C	1.61%
IBM	B	1.6%
V	C	1.38%
MSI	B	1.36%
JNJ	C	1.28%
ROP	C	1.24%
TYL	C	1.19%
AKAM	D	1.16%
DOX	C	1.12%
VRSN	D	1.11%
HD	B	1.1%
XOM	C	1.1%
MRK	D	1.07%
PG	C	1.03%
VZ	B	1.0%
T	C	0.96%
ABT	C	0.93%
WMT	C	0.91%
PGR	B	0.84%
MCD	B	0.81%
CB	B	0.73%
MMC	C	0.71%
CME	C	0.69%
UNP	C	0.68%
EA	D	0.65%
TJX	B	0.65%
TRV	C	0.63%
LMT	C	0.63%
BDX	D	0.63%
AJG	D	0.62%
PM	C	0.62%
ADP	B	0.62%
CVX	D	0.6%
CBOE	C	0.59%
NKE	D	0.58%
ERIE	B	0.57%
FDS	C	0.55%
NOC	B	0.54%
AIZ	B	0.54%
WM	D	0.53%
WRB	C	0.53%
ITW	C	0.52%
JKHY	B	0.52%
GD	B	0.52%
RSG	D	0.48%
AZO	D	0.48%
PAYX	C	0.48%
TSCO	C	0.47%
FAST	C	0.47%
GRMN	D	0.46%
LHX	C	0.46%
OTIS	C	0.45%
BAH	C	0.44%
J	C	0.41%
CL	D	0.41%
HII	D	0.39%
FCN	D	0.39%
COP	D	0.38%
DUK	C	0.37%
AMT	C	0.36%
GIS	B	0.33%
KMB	D	0.33%
SHW	B	0.3%
EQIX	C	0.3%
AEP	C	0.3%
HSY	C	0.28%
EOG	D	0.28%
WEC	C	0.27%
PSA	B	0.27%
WMB	B	0.27%
ED	C	0.27%
O	C	0.25%
ECL	B	0.25%
LNG	C	0.24%
KMI	B	0.24%
DLR	B	0.24%
APD	B	0.24%
CCI	C	0.24%
CMS	C	0.24%
AEE	C	0.24%
CTVA	B	0.21%
EQR	B	0.2%
CSGP	D	0.2%
MAA	B	0.19%
CTRA	D	0.18%
PKG	B	0.17%
VMC	D	0.17%
ELS	C	0.17%
AMH	C	0.17%
MLM	D	0.17%
DTM	B	0.17%
ADC	C	0.16%
AMCR	B	0.16%
AVY	C	0.16%
ATR	B	0.15%

FDLO Underweight 61 Positions Relative to JEPQ

Symbol	Grade	Weight
NVDA	D	-6.66%
META	B	-4.2%
GOOG	D	-3.7%
AVGO	C	-3.65%
TSLA	C	-2.21%
NFLX	B	-1.83%
COST	B	-1.69%
AMD	D	-1.53%
INTU	C	-1.34%
ADBE	F	-1.28%
ISRG	B	-1.23%
BKNG	C	-1.04%
ADI	C	-0.97%
QCOM	D	-0.95%
PANW	D	-0.9%
LRCX	F	-0.78%
SNPS	D	-0.76%
MELI	B	-0.7%
NXPI	F	-0.65%
MU	F	-0.65%
ASML	F	-0.61%
CSX	D	-0.6%
AMAT	D	-0.53%
MRVL	C	-0.52%
CPRT	D	-0.51%
MAR	C	-0.5%
VRSK	D	-0.41%
NEE	C	-0.39%
NOW	B	-0.39%
MNST	D	-0.38%
CMG	C	-0.38%
CRWD	D	-0.37%
STZ	D	-0.33%
TTWO	C	-0.33%
STX	C	-0.32%
KHC	C	-0.31%
FANG	D	-0.29%
BIIB	F	-0.27%
WDAY	D	-0.27%
INTC	F	-0.27%
DXCM	F	-0.26%
UBER	C	-0.26%
DE	B	-0.26%
CHTR	D	-0.25%
BMY	C	-0.25%
HUBS	D	-0.24%
ROST	C	-0.24%
PLD	C	-0.24%
PYPL	B	-0.23%
CPAY	B	-0.21%
TER	D	-0.21%
DASH	C	-0.19%
MDB	D	-0.18%
UPS	D	-0.16%
TTD	B	-0.14%
CTSH	C	-0.13%
ABNB	D	-0.11%
DLTR	F	-0.11%
ANSS	D	-0.09%
LULU	D	-0.09%
SMCI	F	-0.07%