FDLO vs. SIXL ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to 6 Meridian Low Beta Equity Strategy ETF (SIXL)

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

SIXL

6 Meridian Low Beta Equity Strategy ETF

SIXL Description

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. The equity securities in which it invests are mainly common stocks. The fund may invest in equity securities of companies of any capitalization. It also may invest in real estate investment trusts (REITs).

Grade (RS Rating)

Last Trade

$38.98

Average Daily Volume

3,012

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	SIXL
30 Days	0.81%	4.28%
60 Days	1.49%	4.41%
90 Days	4.05%	5.62%
12 Months	21.68%	23.37%

52 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in SIXL	Overlap
ABBV	D	0.98%	0.34%	0.34%
ABT	B	0.9%	0.41%	0.41%
ADC	B	0.16%	0.41%	0.16%
AEE	A	0.26%	0.44%	0.26%
AEP	D	0.28%	0.38%	0.28%
AJG	B	0.61%	0.4%	0.4%
AMH	D	0.16%	0.38%	0.16%
AMT	D	0.29%	0.34%	0.29%
ATR	B	0.16%	0.44%	0.16%
CB	C	0.72%	0.4%	0.4%
CBOE	B	0.55%	0.39%	0.39%
CL	D	0.35%	0.35%	0.35%
CME	A	0.69%	0.41%	0.41%
CMS	C	0.24%	0.4%	0.24%
COP	C	0.41%	0.43%	0.41%
CVX	A	0.69%	0.46%	0.46%
DTM	B	0.23%	0.54%	0.23%
DUK	C	0.35%	0.39%	0.35%
ED	D	0.25%	0.37%	0.25%
ELS	C	0.16%	0.38%	0.16%
EOG	A	0.32%	0.45%	0.32%
ERIE	D	0.45%	0.33%	0.33%
FCN	D	0.34%	0.36%	0.34%
GIS	D	0.28%	0.33%	0.28%
HSY	F	0.24%	0.34%	0.24%
JNJ	D	1.18%	0.38%	0.38%
KMB	D	0.3%	0.37%	0.3%
KO	D	0.66%	0.35%	0.35%
LHX	C	0.49%	0.43%	0.43%
LMT	D	0.58%	0.37%	0.37%
MDLZ	F	0.37%	0.34%	0.34%
MMC	B	0.67%	0.39%	0.39%
MRK	F	0.88%	0.33%	0.33%
NOC	D	0.5%	0.38%	0.38%
ORLY	B	0.53%	0.43%	0.43%
PEP	F	0.62%	0.36%	0.36%
PG	A	0.99%	0.39%	0.39%
PGR	A	0.84%	0.41%	0.41%
PM	B	0.62%	0.42%	0.42%
RSG	A	0.47%	0.41%	0.41%
SO	D	0.37%	0.4%	0.37%
T	A	0.99%	0.44%	0.44%
TMUS	B	0.97%	0.49%	0.49%
TRV	B	0.69%	0.45%	0.45%
UNH	C	1.55%	0.39%	0.39%
VZ	C	0.93%	0.41%	0.41%
WEC	A	0.27%	0.42%	0.27%
WM	A	0.55%	0.43%	0.43%
WMT	A	0.95%	0.44%	0.44%
WRB	A	0.56%	0.41%	0.41%
XEL	A	0.3%	0.44%	0.3%
XOM	B	1.17%	0.43%	0.43%

FDLO Overweight 73 Positions Relative to SIXL

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%
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%
VRSN	F	1.08%
DOX	D	1.08%
AKAM	D	1.03%
CMCSA	B	0.95%
MCD	D	0.8%
TMO	F	0.78%
EA	A	0.72%
ETN	A	0.72%
LOW	D	0.71%
AMGN	D	0.71%
SBUX	A	0.7%
HON	B	0.7%
VRTX	F	0.69%
ADP	B	0.66%
TJX	A	0.65%
UNP	C	0.63%
AIZ	A	0.61%
BDX	F	0.6%
FDS	B	0.59%
ITW	B	0.56%
NKE	D	0.56%
FAST	B	0.54%
LIN	D	0.53%
JKHY	D	0.51%
PAYX	C	0.51%
GRMN	B	0.51%
REGN	F	0.5%
GD	F	0.49%
OTIS	C	0.47%
AZO	C	0.47%
TSCO	D	0.46%
BAH	F	0.43%
J	F	0.39%
WMB	A	0.34%
EQIX	A	0.31%
SHW	A	0.3%
KMI	A	0.3%
HII	D	0.29%
LNG	B	0.28%
APD	A	0.27%
DLR	B	0.26%
PSA	D	0.25%
ECL	D	0.24%
O	D	0.22%
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%
AMCR	D	0.15%
AVY	D	0.14%

FDLO Underweight 186 Positions Relative to SIXL

Symbol	Grade	Weight
CXW	B	-0.65%
MASI	A	-0.58%
SFM	A	-0.57%
UFCS	B	-0.55%
EXEL	B	-0.55%
UNM	A	-0.54%
HQY	B	-0.54%
CALM	A	-0.54%
BWXT	B	-0.53%
BRBR	A	-0.52%
LRN	A	-0.51%
ATGE	B	-0.5%
FHI	A	-0.5%
INCY	C	-0.5%
PRDO	B	-0.5%
MGEE	C	-0.49%
X	C	-0.49%
MCK	B	-0.49%
ETR	B	-0.49%
ATEN	B	-0.49%
MCY	A	-0.48%
AMSF	B	-0.48%
CW	B	-0.48%
LQDT	B	-0.48%
RHI	B	-0.48%
TXRH	C	-0.48%
MGY	A	-0.47%
LOPE	B	-0.47%
PRI	A	-0.47%
AGO	B	-0.47%
PPC	C	-0.46%
DBX	B	-0.46%
SNDR	B	-0.46%
PRGS	A	-0.46%
PLMR	B	-0.46%
AMBC	C	-0.46%
VIRT	B	-0.46%
SMPL	B	-0.46%
RLI	B	-0.46%
FDP	B	-0.46%
HMN	B	-0.46%
EIG	B	-0.45%
BGC	C	-0.45%
ATO	A	-0.45%
GILD	C	-0.45%
RAMP	C	-0.45%
THG	A	-0.45%
BJ	A	-0.45%
SRE	A	-0.45%
RBA	A	-0.45%
RGA	A	-0.44%
SAM	C	-0.44%
CPK	A	-0.44%
PINC	B	-0.44%
PBH	A	-0.44%
MORN	B	-0.44%
JAZZ	B	-0.44%
AVAV	D	-0.44%
SIGI	C	-0.44%
HCI	C	-0.44%
HSTM	B	-0.44%
MCRI	A	-0.44%
RYAN	B	-0.44%
KR	B	-0.44%
WWD	B	-0.43%
WDFC	B	-0.43%
EVRG	A	-0.43%
CAH	B	-0.43%
WTW	B	-0.43%
MMSI	B	-0.43%
ORI	A	-0.43%
ALL	A	-0.43%
MSGS	A	-0.43%
CASY	A	-0.43%
TKO	B	-0.43%
EHC	B	-0.43%
AM	A	-0.43%
MANH	D	-0.43%
OGE	B	-0.43%
AFG	A	-0.42%
EPRT	B	-0.42%
SUPN	C	-0.42%
DLB	B	-0.42%
BOX	B	-0.42%
ITGR	B	-0.42%
PNW	B	-0.42%
DT	C	-0.42%
EZPW	A	-0.42%
AWR	B	-0.42%
CHD	B	-0.42%
MO	A	-0.42%
FIZZ	C	-0.42%
NJR	A	-0.42%
SPNT	A	-0.42%
NFG	A	-0.42%
PECO	A	-0.42%
UVV	B	-0.42%
DGX	A	-0.42%
DVAX	C	-0.42%
PPL	B	-0.42%
NWN	A	-0.42%
WEN	D	-0.42%
ALE	A	-0.41%
SAFT	C	-0.41%
ARMK	B	-0.41%
NPK	B	-0.41%
TR	B	-0.41%
MUSA	A	-0.41%
NWE	B	-0.41%
ALKS	B	-0.41%
INGR	B	-0.41%
AFL	B	-0.41%
VRSK	A	-0.41%
OLLI	D	-0.41%
UTHR	C	-0.41%
LTC	B	-0.41%
STRA	C	-0.41%
NYT	C	-0.4%
INVA	D	-0.4%
OHI	C	-0.4%
JJSF	B	-0.4%
WTRG	B	-0.4%
KNSL	B	-0.4%
UTL	B	-0.4%
NEU	C	-0.4%
AVA	A	-0.4%
K	A	-0.4%
GTY	B	-0.4%
RTX	C	-0.4%
MSA	D	-0.4%
PDCO	D	-0.4%
RNR	C	-0.4%
LANC	C	-0.4%
HOLX	D	-0.39%
ENSG	D	-0.39%
CHE	D	-0.39%
CHRD	D	-0.39%
BRC	D	-0.39%
DTE	C	-0.39%
CCK	C	-0.39%
NBIX	C	-0.39%
FCPT	C	-0.39%
FE	C	-0.38%
HRB	D	-0.38%
GLPI	C	-0.38%
CACI	D	-0.38%
NHC	C	-0.38%
WPC	D	-0.37%
EPC	D	-0.37%
AMED	F	-0.37%
RGR	F	-0.37%
DFIN	D	-0.37%
JNPR	F	-0.37%
BG	F	-0.37%
SJW	D	-0.37%
POST	C	-0.37%
ADUS	D	-0.37%
FLO	D	-0.37%
KBR	F	-0.37%
CWT	D	-0.37%
NNN	D	-0.36%
MOH	F	-0.36%
WU	D	-0.36%
MKC	D	-0.36%
HRL	D	-0.36%
COKE	C	-0.36%
CI	F	-0.36%
ANIP	F	-0.36%
JBSS	D	-0.35%
KHC	F	-0.35%
VRRM	D	-0.35%
ACGL	D	-0.35%
KDP	D	-0.34%
NABL	F	-0.33%
SPTN	D	-0.33%
CVI	F	-0.33%
CNC	D	-0.33%
CLW	F	-0.32%
CAG	D	-0.32%
THS	D	-0.31%
COLL	F	-0.31%
ELV	F	-0.3%
LPG	F	-0.29%
BMRN	D	-0.29%
KELYA	F	-0.28%
CPRI	F	-0.24%