FDLO vs. VALQ ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to American Century STOXX U.S. Quality Value ETF (VALQ)

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

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$63.92

Average Daily Volume

6,261

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	VALQ
30 Days	0.81%	3.97%
60 Days	1.49%	4.17%
90 Days	4.05%	6.47%
12 Months	21.68%	28.71%

35 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in VALQ	Overlap
AAPL	C	7.26%	2.66%	2.66%
ABBV	D	0.98%	1.67%	0.98%
AIZ	A	0.61%	0.1%	0.1%
AKAM	D	1.03%	0.08%	0.08%
AMCR	D	0.15%	0.31%	0.15%
AMZN	C	3.92%	2.15%	2.15%
BRK.A	B	2.13%	0.09%	0.09%
CL	D	0.35%	1.77%	0.35%
CMCSA	B	0.95%	2.3%	0.95%
CSCO	B	1.77%	0.72%	0.72%
DOX	D	1.08%	0.67%	0.67%
EA	A	0.72%	0.09%	0.09%
ECL	D	0.24%	0.44%	0.24%
ETN	A	0.72%	1.88%	0.72%
GIS	D	0.28%	0.08%	0.08%
GOOGL	C	4.12%	0.63%	0.63%
HD	A	1.19%	1.95%	1.19%
IBM	C	1.54%	2.11%	1.54%
ITW	B	0.56%	0.91%	0.56%
JKHY	D	0.51%	0.09%	0.09%
JNJ	D	1.18%	0.08%	0.08%
KMB	D	0.3%	2.0%	0.3%
KO	D	0.66%	1.69%	0.66%
LMT	D	0.58%	0.09%	0.09%
MSFT	F	6.93%	0.26%	0.26%
MSI	B	1.49%	2.25%	1.49%
OTIS	C	0.47%	1.04%	0.47%
PG	A	0.99%	1.11%	0.99%
PGR	A	0.84%	0.09%	0.09%
PKG	A	0.19%	0.1%	0.1%
SHW	A	0.3%	0.32%	0.3%
TJX	A	0.65%	0.17%	0.17%
TXN	C	1.48%	1.44%	1.44%
VRSN	F	1.08%	0.09%	0.09%
WMT	A	0.95%	2.28%	0.95%

FDLO Overweight 90 Positions Relative to VALQ

Symbol	Grade	Weight
ORCL	B	2.01%
JPM	A	1.89%
ACN	C	1.6%
LLY	F	1.57%
UNH	C	1.55%
V	A	1.47%
MA	C	1.34%
ROP	B	1.21%
TYL	B	1.19%
XOM	B	1.17%
T	A	0.99%
TMUS	B	0.97%
VZ	C	0.93%
ABT	B	0.9%
MRK	F	0.88%
MCD	D	0.8%
TMO	F	0.78%
CB	C	0.72%
LOW	D	0.71%
AMGN	D	0.71%
SBUX	A	0.7%
HON	B	0.7%
VRTX	F	0.69%
CVX	A	0.69%
TRV	B	0.69%
CME	A	0.69%
MMC	B	0.67%
ADP	B	0.66%
UNP	C	0.63%
PEP	F	0.62%
PM	B	0.62%
AJG	B	0.61%
BDX	F	0.6%
FDS	B	0.59%
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%
GD	F	0.49%
LHX	C	0.49%
AZO	C	0.47%
RSG	A	0.47%
TSCO	D	0.46%
ERIE	D	0.45%
BAH	F	0.43%
COP	C	0.41%
J	F	0.39%
SO	D	0.37%
MDLZ	F	0.37%
DUK	C	0.35%
WMB	A	0.34%
FCN	D	0.34%
EOG	A	0.32%
EQIX	A	0.31%
XEL	A	0.3%
KMI	A	0.3%
HII	D	0.29%
AMT	D	0.29%
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%
DTM	B	0.23%
O	D	0.22%
CCI	D	0.21%
VMC	B	0.2%
CTVA	C	0.2%
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%
ATR	B	0.16%
AVY	D	0.14%

FDLO Underweight 206 Positions Relative to VALQ

Symbol	Grade	Weight
NFLX	A	-2.12%
INGR	B	-1.87%
CTAS	B	-1.87%
EBAY	D	-1.85%
SPG	B	-1.81%
APH	A	-1.74%
HPQ	B	-1.74%
VLTO	D	-1.6%
CLX	B	-1.58%
JLL	D	-1.43%
MAS	D	-1.19%
TGT	F	-1.18%
UBER	D	-1.17%
OC	A	-1.16%
LYB	F	-1.15%
BBY	D	-1.07%
TOL	B	-1.07%
SFM	A	-1.04%
GPC	D	-0.92%
TPR	B	-0.88%
LECO	B	-0.85%
CAH	B	-0.84%
MTD	D	-0.83%
BMY	B	-0.82%
PYPL	B	-0.8%
CTSH	B	-0.77%
SEIC	B	-0.76%
NVT	B	-0.69%
CI	F	-0.66%
IVZ	B	-0.63%
DCI	B	-0.6%
MO	A	-0.57%
ALLE	D	-0.55%
FFIV	B	-0.52%
HRB	D	-0.52%
NYT	C	-0.51%
QCOM	F	-0.49%
AYI	B	-0.49%
REYN	D	-0.46%
NTAP	C	-0.43%
HUBB	B	-0.42%
MTG	C	-0.42%
CBT	C	-0.41%
WSM	B	-0.4%
G	B	-0.39%
DBX	B	-0.38%
FLS	B	-0.37%
ZM	B	-0.36%
AZEK	A	-0.34%
DOCU	A	-0.33%
ARW	D	-0.32%
GWW	B	-0.32%
SM	B	-0.31%
APP	B	-0.31%
JBL	B	-0.29%
NOVT	D	-0.28%
QLYS	C	-0.27%
PH	A	-0.26%
TT	A	-0.26%
FICO	B	-0.25%
NEU	C	-0.23%
FLO	D	-0.23%
MPC	D	-0.22%
KR	B	-0.22%
ADSK	A	-0.21%
BRBR	A	-0.21%
JEF	A	-0.2%
COLM	B	-0.2%
DVA	B	-0.2%
CAT	B	-0.2%
UHS	D	-0.19%
ORI	A	-0.19%
CRUS	D	-0.18%
NSIT	F	-0.18%
CR	A	-0.18%
LEN	D	-0.17%
LAMR	D	-0.17%
DPZ	C	-0.16%
SYY	B	-0.15%
PPG	F	-0.15%
DDS	B	-0.15%
ROST	C	-0.15%
LFUS	F	-0.14%
EXEL	B	-0.14%
ANF	C	-0.14%
TWLO	A	-0.14%
ALSN	B	-0.14%
EME	C	-0.14%
GAP	C	-0.14%
WING	D	-0.13%
AMKR	D	-0.13%
EXPE	B	-0.13%
UTHR	C	-0.13%
IDXX	F	-0.13%
PEGA	A	-0.12%
DKS	C	-0.12%
SYF	B	-0.12%
TRMB	B	-0.11%
FTNT	C	-0.11%
SNA	A	-0.11%
AIT	A	-0.11%
GILD	C	-0.11%
GL	B	-0.11%
MLI	C	-0.11%
AXS	A	-0.11%
BKNG	A	-0.11%
UNM	A	-0.11%
TAP	C	-0.1%
USFD	A	-0.1%
TXRH	C	-0.1%
STT	A	-0.1%
RHI	B	-0.1%
DLB	B	-0.1%
META	D	-0.1%
GDDY	A	-0.1%
RL	B	-0.1%
VMI	B	-0.1%
EPAM	C	-0.1%
BK	A	-0.1%
STLD	B	-0.1%
BYD	C	-0.1%
NTRS	A	-0.1%
MMM	D	-0.1%
EVR	B	-0.1%
K	A	-0.09%
OMC	C	-0.09%
CCK	C	-0.09%
TMHC	B	-0.09%
CSL	C	-0.09%
BERY	B	-0.09%
FIZZ	C	-0.09%
JAZZ	B	-0.09%
MANH	D	-0.09%
COR	B	-0.09%
LDOS	C	-0.09%
INFA	D	-0.09%
RMD	C	-0.09%
TROW	B	-0.09%
L	A	-0.09%
BMI	B	-0.09%
RGA	A	-0.09%
FDX	B	-0.09%
SWKS	F	-0.09%
EHC	B	-0.09%
FIS	C	-0.09%
KEYS	A	-0.09%
DGX	A	-0.09%
WTS	B	-0.09%
AXTA	A	-0.09%
ALL	A	-0.09%
ALKS	B	-0.09%
CMC	B	-0.09%
HPE	B	-0.09%
CHTR	C	-0.09%
INCY	C	-0.09%
HIG	B	-0.09%
THC	D	-0.09%
MCK	B	-0.09%
OMF	A	-0.09%
AMG	B	-0.09%
FOXA	B	-0.09%
GM	B	-0.09%
CAG	D	-0.08%
TXT	D	-0.08%
AN	C	-0.08%
PVH	C	-0.08%
KBH	D	-0.08%
COKE	C	-0.08%
PARA	C	-0.08%
MAT	D	-0.08%
PHM	D	-0.08%
EXPD	D	-0.08%
VLO	C	-0.08%
CACI	D	-0.08%
SAIC	F	-0.08%
EG	C	-0.08%
NXST	C	-0.08%
NVR	D	-0.08%
ADBE	C	-0.08%
MSM	C	-0.08%
AVGO	D	-0.08%
EEFT	B	-0.08%
SSNC	B	-0.08%
BWA	D	-0.08%
TSN	B	-0.08%
POST	C	-0.08%
ADTN	A	-0.08%
IQV	D	-0.07%
ALLY	C	-0.07%
MEDP	D	-0.07%
LRCX	F	-0.07%
AMAT	F	-0.07%
IGT	F	-0.07%
SWK	D	-0.07%
CPB	D	-0.07%
SKX	D	-0.07%
MHK	D	-0.07%
AOS	F	-0.07%
TKR	D	-0.07%
MMS	F	-0.07%
CROX	D	-0.06%
ELV	F	-0.06%
CNC	D	-0.06%
KLAC	D	-0.06%
TER	D	-0.06%
QRVO	F	-0.05%