FDLO vs. SDY ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to SPDR S&P Dividend ETF (SDY)

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

SDY

SPDR S&P Dividend ETF

SDY Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index. In seeking to track the performance of the S&P High Yield Dividend Aristocrats Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the highest dividend yielding S&P Composite 1500Â® Index constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 20 consecutive years. It is non-diversified.

Grade (RS Rating)

Last Trade

$142.31

Average Daily Volume

183,834

Number of Holdings ^*

132

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	SDY
30 Days	0.81%	0.70%
60 Days	1.49%	0.90%
90 Days	4.05%	3.52%
12 Months	21.68%	23.08%

43 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in SDY	Overlap
ABBV	D	0.98%	1.36%	0.98%
ABT	B	0.9%	0.96%	0.9%
ADP	B	0.66%	1.03%	0.66%
AMCR	D	0.15%	0.85%	0.15%
APD	A	0.27%	1.2%	0.27%
ATR	B	0.16%	0.56%	0.16%
BDX	F	0.6%	0.73%	0.6%
CB	C	0.72%	0.61%	0.61%
CL	D	0.35%	0.9%	0.35%
CVX	A	0.69%	2.34%	0.69%
ECL	D	0.24%	0.42%	0.24%
ED	D	0.25%	1.42%	0.25%
ERIE	D	0.45%	0.42%	0.42%
FAST	B	0.54%	1.17%	0.54%
FDS	B	0.59%	0.48%	0.48%
GD	F	0.49%	0.88%	0.49%
IBM	C	1.54%	1.42%	1.42%
ITW	B	0.56%	1.2%	0.56%
JKHY	D	0.51%	0.57%	0.51%
JNJ	D	1.18%	1.43%	1.18%
KMB	D	0.3%	1.68%	0.3%
KO	D	0.66%	1.23%	0.66%
LHX	C	0.49%	0.96%	0.49%
LIN	D	0.53%	0.54%	0.53%
LMT	D	0.58%	1.0%	0.58%
LOW	D	0.71%	0.84%	0.71%
MCD	D	0.8%	1.11%	0.8%
NKE	D	0.56%	0.78%	0.56%
NOC	D	0.5%	0.72%	0.5%
O	D	0.22%	2.21%	0.22%
PEP	F	0.62%	1.45%	0.62%
PG	A	0.99%	1.16%	0.99%
ROP	B	1.21%	0.27%	0.27%
RSG	A	0.47%	0.59%	0.47%
SHW	A	0.3%	0.38%	0.3%
SO	D	0.37%	1.48%	0.37%
TXN	C	1.48%	1.31%	1.31%
WEC	A	0.27%	1.72%	0.27%
WM	A	0.55%	0.75%	0.55%
WMT	A	0.95%	0.51%	0.51%
WRB	A	0.56%	0.29%	0.29%
XEL	A	0.3%	1.78%	0.3%
XOM	B	1.17%	1.61%	1.17%

FDLO Overweight 82 Positions Relative to SDY

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%
MSI	B	1.49%
V	A	1.47%
MA	C	1.34%
HD	A	1.19%
TYL	B	1.19%
VRSN	F	1.08%
DOX	D	1.08%
AKAM	D	1.03%
T	A	0.99%
TMUS	B	0.97%
CMCSA	B	0.95%
VZ	C	0.93%
MRK	F	0.88%
PGR	A	0.84%
TMO	F	0.78%
EA	A	0.72%
ETN	A	0.72%
AMGN	D	0.71%
SBUX	A	0.7%
HON	B	0.7%
VRTX	F	0.69%
TRV	B	0.69%
CME	A	0.69%
MMC	B	0.67%
TJX	A	0.65%
UNP	C	0.63%
PM	B	0.62%
AJG	B	0.61%
AIZ	A	0.61%
CBOE	B	0.55%
ORLY	B	0.53%
PAYX	C	0.51%
GRMN	B	0.51%
REGN	F	0.5%
OTIS	C	0.47%
AZO	C	0.47%
TSCO	D	0.46%
BAH	F	0.43%
COP	C	0.41%
J	F	0.39%
MDLZ	F	0.37%
DUK	C	0.35%
WMB	A	0.34%
FCN	D	0.34%
EOG	A	0.32%
EQIX	A	0.31%
KMI	A	0.3%
HII	D	0.29%
AMT	D	0.29%
GIS	D	0.28%
LNG	B	0.28%
AEP	D	0.28%
AEE	A	0.26%
DLR	B	0.26%
PSA	D	0.25%
CMS	C	0.24%
HSY	F	0.24%
DTM	B	0.23%
CCI	D	0.21%
VMC	B	0.2%
CTVA	C	0.2%
PKG	A	0.19%
MLM	B	0.19%
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 89 Positions Relative to SDY

Symbol	Grade	Weight
KVUE	A	-1.81%
EIX	B	-1.74%
ADM	D	-1.51%
MDT	D	-1.48%
TGT	F	-1.48%
TROW	B	-1.46%
SYY	B	-1.32%
CINF	A	-1.29%
ES	D	-1.28%
CLX	B	-1.22%
GPC	D	-1.21%
ATO	A	-1.18%
EMR	A	-1.13%
NEE	D	-1.11%
BBY	D	-1.09%
ESS	B	-1.08%
PPG	F	-0.98%
QCOM	F	-0.97%
CAH	B	-0.97%
MKC	D	-0.96%
MCHP	D	-0.96%
LNT	A	-0.88%
AFL	B	-0.88%
EVRG	A	-0.84%
SWK	D	-0.81%
RPM	A	-0.79%
CHRW	C	-0.76%
NUE	C	-0.74%
ADI	D	-0.72%
CAT	B	-0.71%
SJM	D	-0.69%
ALB	C	-0.69%
LECO	B	-0.66%
GGG	B	-0.63%
NDSN	B	-0.6%
CHD	B	-0.58%
DOV	A	-0.58%
AOS	F	-0.57%
EXPD	D	-0.55%
WTRG	B	-0.54%
ORI	A	-0.52%
DCI	B	-0.52%
RGLD	C	-0.51%
TTC	D	-0.51%
PNR	A	-0.5%
HRL	D	-0.49%
FRT	B	-0.48%
CBSH	A	-0.46%
NNN	D	-0.45%
PB	A	-0.44%
CFR	B	-0.44%
SEIC	B	-0.42%
CSL	C	-0.42%
GWW	B	-0.42%
MSA	D	-0.4%
RLI	B	-0.4%
CTAS	B	-0.39%
BEN	C	-0.38%
SPGI	C	-0.36%
BMI	B	-0.33%
UBSI	B	-0.32%
NFG	A	-0.31%
UGI	A	-0.3%
UMBF	B	-0.3%
SON	D	-0.29%
CASY	A	-0.28%
NJR	A	-0.28%
OZK	B	-0.28%
RNR	C	-0.27%
BRO	B	-0.26%
OGS	A	-0.25%
BKH	A	-0.25%
FLO	D	-0.25%
FELE	B	-0.24%
FUL	F	-0.24%
SR	A	-0.23%
PII	D	-0.23%
PRGO	B	-0.22%
LANC	C	-0.2%
CBU	B	-0.2%
ABM	B	-0.19%
CWT	D	-0.18%
AWR	B	-0.18%
BRC	D	-0.18%
CPK	A	-0.17%
AVA	A	-0.17%
WST	C	-0.12%
SJW	D	-0.1%
SCL	C	-0.1%