FDLO vs. NBCR ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to Neuberger Berman Core Equity ETF (NBCR)

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

$62.25

Average Daily Volume

79,188

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

NBCR

Neuberger Berman Core Equity ETF

NBCR Description

To pursue its goal, the fund invests mainly in equity securities of large-capitalization companies, which it defines as companies that have a market capitalization within the market capitalization range of companies in the Russell 1000® Index at the time of initial purchase. The portfolio managers seek to invest in a broadly diversified group of securities that have the potential to outperform the Russell 1000 Index with a lower level of risk through security selection.

Grade (RS Rating)

Last Trade

$27.52

Average Daily Volume

16,511

Number of Holdings ^*

191

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	NBCR
30 Days	1.23%	2.59%
60 Days	3.05%	6.19%
90 Days	7.02%	9.61%
12 Months	25.15%

53 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in NBCR	Overlap
AAPL	D	7.22%	6.61%	6.61%
ABBV	D	1.18%	1.09%	1.09%
ACN	C	1.6%	0.47%	0.47%
AEP	D	0.27%	0.2%	0.2%
AIZ	A	0.57%	0.22%	0.22%
AMGN	F	0.79%	0.36%	0.36%
AMZN	B	4.0%	3.65%	3.65%
APD	B	0.26%	0.14%	0.14%
AVY	F	0.15%	0.31%	0.15%
CL	F	0.34%	0.33%	0.33%
COP	C	0.4%	0.4%	0.4%
CSCO	A	1.75%	0.44%	0.44%
DTM	A	0.22%	0.04%	0.04%
DUK	D	0.35%	0.25%	0.25%
EA	A	0.7%	0.16%	0.16%
ECL	D	0.24%	0.17%	0.17%
ELS	C	0.15%	0.16%	0.15%
EOG	B	0.29%	0.28%	0.28%
EQR	D	0.18%	0.09%	0.09%
ETN	A	0.71%	0.61%	0.61%
GIS	F	0.28%	0.34%	0.28%
GOOGL	B	4.25%	3.39%	3.39%
HD	B	1.14%	1.2%	1.14%
J	B	0.4%	0.19%	0.19%
JNJ	F	1.18%	1.05%	1.05%
JPM	B	1.79%	1.3%	1.3%
LIN	D	0.54%	0.62%	0.54%
LLY	D	1.65%	1.38%	1.38%
LMT	D	0.59%	0.27%	0.27%
LNG	B	0.26%	0.12%	0.12%
MA	A	1.31%	1.09%	1.09%
MCD	D	0.8%	0.6%	0.6%
MDLZ	F	0.38%	0.36%	0.36%
MLM	B	0.2%	0.27%	0.2%
MSFT	C	6.98%	6.05%	6.05%
MSI	B	1.41%	0.33%	0.33%
NKE	F	0.55%	0.27%	0.27%
ORCL	A	2.01%	0.92%	0.92%
ORLY	A	0.52%	0.2%	0.2%
PG	D	0.93%	0.87%	0.87%
REGN	F	0.53%	0.34%	0.34%
RSG	A	0.47%	0.15%	0.15%
SHW	B	0.3%	0.23%	0.23%
T	C	0.95%	0.75%	0.75%
TJX	B	0.62%	0.69%	0.62%
TMO	F	0.83%	0.59%	0.59%
TMUS	A	0.94%	0.85%	0.85%
TXN	B	1.58%	0.64%	0.64%
V	A	1.43%	1.18%	1.18%
VRTX	B	0.73%	0.53%	0.53%
VZ	D	0.89%	0.68%	0.68%
WMB	A	0.32%	0.14%	0.14%
XOM	B	1.17%	1.15%	1.15%

FDLO Overweight 72 Positions Relative to NBCR

Symbol	Grade	Weight
BRK.A	C	2.04%
IBM	D	1.58%
UNH	B	1.55%
ROP	B	1.24%
AKAM	F	1.21%
TYL	B	1.21%
DOX	A	1.17%
VRSN	C	1.09%
CMCSA	B	0.96%
WMT	A	0.93%
MRK	F	0.91%
ABT	B	0.88%
PGR	B	0.83%
LOW	B	0.69%
CB	D	0.68%
KO	F	0.67%
MMC	C	0.67%
SBUX	B	0.67%
CME	B	0.67%
CVX	B	0.66%
TRV	B	0.66%
ADP	A	0.66%
HON	B	0.65%
UNP	D	0.64%
PEP	F	0.63%
AJG	B	0.59%
PM	C	0.59%
BDX	D	0.59%
FDS	A	0.57%
ITW	B	0.55%
CBOE	D	0.54%
WRB	B	0.54%
FAST	B	0.54%
WM	A	0.54%
JKHY	C	0.52%
NOC	C	0.52%
GRMN	A	0.51%
GD	A	0.51%
PAYX	B	0.51%
LHX	B	0.5%
BAH	C	0.49%
AZO	C	0.47%
ERIE	F	0.47%
OTIS	D	0.47%
TSCO	D	0.47%
FCN	D	0.36%
SO	D	0.36%
EQIX	C	0.3%
HII	D	0.29%
KMI	A	0.29%
KMB	F	0.29%
XEL	A	0.28%
AMT	F	0.28%
WEC	B	0.26%
DLR	B	0.26%
ED	D	0.25%
HSY	D	0.24%
PSA	D	0.24%
AEE	A	0.24%
CMS	D	0.23%
O	D	0.22%
CTVA	C	0.21%
VMC	B	0.2%
CCI	F	0.2%
CSGP	D	0.19%
PKG	B	0.19%
CTRA	C	0.18%
ATR	A	0.17%
MAA	C	0.17%
AMCR	D	0.15%
ADC	B	0.15%
AMH	D	0.15%

FDLO Underweight 138 Positions Relative to NBCR

Symbol	Grade	Weight
NVDA	A	-6.54%
GOOG	B	-1.95%
AON	A	-1.4%
COST	B	-1.02%
GE	C	-0.94%
QCOM	F	-0.92%
WFC	B	-0.89%
UNM	A	-0.88%
BSX	A	-0.83%
TDG	B	-0.82%
CRM	B	-0.81%
NFLX	A	-0.8%
AIG	C	-0.78%
MDT	D	-0.76%
NOW	A	-0.74%
UBER	F	-0.72%
SPGI	D	-0.72%
BAC	A	-0.7%
FI	A	-0.63%
UL	D	-0.62%
AMD	F	-0.61%
SNPS	B	-0.59%
INTU	A	-0.58%
KKR	B	-0.57%
ICE	D	-0.57%
CCL	A	-0.57%
AMAT	F	-0.57%
IWB	A	-0.55%
KDP	D	-0.54%
ADI	D	-0.54%
CAT	B	-0.51%
GM	B	-0.49%
ZBH	C	-0.49%
BKNG	A	-0.47%
CRWD	B	-0.46%
APH	B	-0.45%
MMM	D	-0.45%
TT	A	-0.45%
PH	B	-0.45%
DKNG	B	-0.44%
ULTA	C	-0.43%
ALL	A	-0.43%
NVT	B	-0.41%
LVS	C	-0.39%
PLD	F	-0.39%
GS	B	-0.38%
CARR	D	-0.36%
NEE	D	-0.35%
IR	A	-0.35%
DE	D	-0.34%
CVS	F	-0.34%
TRU	D	-0.32%
URI	B	-0.32%
FCX	F	-0.31%
NSC	B	-0.29%
HCA	D	-0.29%
PNC	A	-0.29%
NDAQ	B	-0.29%
USB	B	-0.29%
MCO	C	-0.28%
BMY	B	-0.28%
APO	B	-0.28%
ELV	F	-0.27%
GL	B	-0.26%
C	B	-0.26%
CSX	B	-0.26%
STZ	D	-0.25%
SLB	D	-0.25%
DLTR	F	-0.25%
ASML	F	-0.24%
FANG	D	-0.24%
LEN	D	-0.23%
PSX	D	-0.23%
EHC	B	-0.23%
DAL	A	-0.23%
FITB	A	-0.23%
VTR	C	-0.22%
CEG	D	-0.21%
MCK	B	-0.21%
WCN	B	-0.21%
CHKP	D	-0.21%
LRCX	F	-0.21%
FDX	B	-0.21%
MET	C	-0.21%
EFX	D	-0.2%
CNC	F	-0.2%
SAIA	B	-0.2%
BA	F	-0.2%
DGX	A	-0.19%
MOH	F	-0.19%
HUM	F	-0.19%
D	D	-0.18%
ADSK	B	-0.17%
ETR	B	-0.17%
DXCM	C	-0.17%
WRBY	A	-0.17%
VRSK	A	-0.17%
APTV	F	-0.16%
PEG	D	-0.16%
IQV	F	-0.15%
AVTR	F	-0.15%
SRE	A	-0.15%
PCG	A	-0.14%
ESI	B	-0.14%
MTCH	F	-0.14%
OKE	A	-0.14%
CDW	F	-0.14%
ENTG	D	-0.14%
TKO	D	-0.14%
LNT	C	-0.13%
IT	A	-0.13%
VST	B	-0.13%
FCPT	D	-0.13%
STWD	D	-0.12%
BK	B	-0.12%
TW	B	-0.12%
NUE	C	-0.11%
ON	D	-0.11%
BHP	F	-0.11%
DTE	D	-0.11%
FE	D	-0.11%
BLDR	D	-0.11%
INVH	D	-0.1%
STLD	B	-0.1%
BMRN	F	-0.1%
CCK	B	-0.09%
CNP	B	-0.09%
SMAR	B	-0.08%
TRGP	A	-0.08%
WIX	B	-0.08%
UTZ	C	-0.08%
CFG	B	-0.07%
WY	F	-0.07%
TOL	B	-0.07%
K	A	-0.06%
GXO	B	-0.06%
IONS	F	-0.06%
FBIN	F	-0.06%