FDRR vs. TGRT ETF Comparison

Comparison of Fidelity Dividend ETF for Rising Rates (FDRR) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Growth ETF (TGRT)

FDRR

Fidelity Dividend ETF for Rising Rates

FDRR Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates. Normally investing at least 80% of assets in securities included in the Fidelity Dividend Index for Rising Rates and in depository receipts representing securities included in the index. The Fidelity Dividend Index for Rising Rates is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends and have a positive correlation of returns to increasing 10-year U.S. Treasury yields.

Grade (RS Rating)

Last Trade

$53.45

Average Daily Volume

18,682

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

TGRT

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Growth ETF

TGRT Description

The fund will invest primarily in U.S. equity securities. The adviser uses a growth style of investing. Accordingly, the adviser looks for companies with an above-average rate of earnings, cash flow growth, and a lucrative niche in the economy that gives them the ability to sustain earnings momentum even during times of slow economic growth. The fund may purchase the stocks of companies of any size, but typically focuses on large-cap companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.67

Average Daily Volume

32,655

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDRR	TGRT
30 Days	2.68%	2.78%
60 Days	3.98%	4.81%
90 Days	5.49%	6.89%
12 Months	31.13%	36.87%

11 Overlapping Holdings

Symbol	Grade	Weight in FDRR	Weight in TGRT	Overlap
AAPL	B	7.22%	9.94%	7.22%
AVGO	D	2.56%	1.53%	1.53%
HD	A	1.37%	0.95%	0.95%
LIN	D	0.54%	0.3%	0.3%
LLY	F	1.82%	2.85%	1.82%
MSFT	D	6.6%	11.41%	6.6%
NVDA	C	8.35%	10.21%	8.35%
PEP	F	0.74%	0.15%	0.15%
SBUX	B	0.79%	0.41%	0.41%
UNH	B	1.79%	1.76%	1.76%
V	A	1.56%	2.13%	1.56%

FDRR Overweight 90 Positions Relative to TGRT

Symbol	Grade	Weight
JPM	B	2.11%
TXN	D	1.5%
DELL	C	1.47%
CSCO	A	1.44%
BAC	A	1.39%
WFC	A	1.37%
JNJ	D	1.35%
IBM	C	1.34%
GS	B	1.23%
ABBV	D	1.22%
HPQ	B	1.21%
MS	B	1.2%
PG	A	1.13%
BX	B	1.09%
XOM	C	1.09%
BMY	B	1.01%
PNC	A	0.97%
MRK	F	0.97%
GE	D	0.96%
LOW	C	0.95%
C	A	0.95%
CAT	B	0.94%
GM	B	0.92%
RTX	D	0.92%
MCD	D	0.91%
TJX	A	0.91%
PM	B	0.89%
PFE	D	0.88%
T	A	0.88%
USB	A	0.86%
TFC	B	0.85%
HON	B	0.82%
KO	D	0.81%
CME	A	0.79%
LMT	D	0.79%
VZ	B	0.78%
MAR	A	0.75%
CMCSA	C	0.74%
CVX	B	0.71%
UNP	C	0.7%
MO	A	0.68%
DE	B	0.68%
TKO	B	0.68%
BBY	D	0.67%
FOXA	C	0.67%
CVS	D	0.65%
PCAR	B	0.62%
UPS	C	0.62%
EA	C	0.61%
F	C	0.58%
NKE	F	0.56%
NWSA	B	0.55%
OMC	C	0.53%
NYT	C	0.5%
TRGP	B	0.49%
NEE	D	0.48%
GEV	C	0.44%
COP	D	0.43%
WMG	C	0.42%
NXST	C	0.42%
IPG	C	0.4%
EOG	C	0.36%
SO	D	0.36%
PLD	D	0.35%
SPG	C	0.34%
PARA	C	0.34%
DUK	C	0.33%
PSA	C	0.3%
APD	A	0.29%
D	C	0.27%
AEP	D	0.27%
CCI	D	0.25%
FCX	F	0.25%
OHI	D	0.25%
NEM	F	0.24%
EXC	D	0.24%
VICI	C	0.24%
EIX	A	0.24%
IP	B	0.24%
DVN	F	0.21%
GLPI	B	0.21%
WY	D	0.2%
WPC	D	0.18%
IFF	D	0.17%
DOW	F	0.16%
AMCR	D	0.16%
WBA	D	0.15%
LYB	F	0.15%
CIVI	D	0.15%
MOS	F	0.12%

FDRR Underweight 80 Positions Relative to TGRT

Symbol	Grade	Weight
AMZN	C	-6.46%
GOOGL	C	-5.82%
META	D	-5.65%
MA	B	-2.6%
INTU	C	-1.86%
FI	A	-1.83%
ISRG	C	-1.59%
NOW	B	-1.4%
NFLX	B	-1.35%
ADBE	C	-1.2%
APH	B	-1.06%
CI	D	-1.02%
BKNG	B	-0.95%
SYK	C	-0.92%
TSLA	B	-0.92%
AMD	F	-0.88%
ROST	C	-0.81%
COST	B	-0.78%
IR	A	-0.75%
CMG	B	-0.74%
DHR	D	-0.74%
SHOP	B	-0.69%
FICO	B	-0.68%
TW	B	-0.67%
HWM	B	-0.65%
CRM	B	-0.6%
EFX	D	-0.57%
CDNS	B	-0.5%
MELI	C	-0.48%
ASML	F	-0.47%
HLT	A	-0.45%
TDG	D	-0.45%
SNPS	B	-0.44%
UBER	D	-0.42%
ARGX	B	-0.41%
SPOT	B	-0.41%
CPNG	D	-0.41%
ORLY	B	-0.39%
TMUS	A	-0.38%
BDX	F	-0.38%
ANET	C	-0.36%
HUBS	B	-0.35%
TSM	C	-0.35%
CTAS	B	-0.34%
SCHW	A	-0.34%
ADP	B	-0.34%
MCK	C	-0.33%
TEAM	B	-0.33%
VRTX	D	-0.31%
DT	C	-0.31%
QCOM	F	-0.3%
HCA	F	-0.29%
SLB	C	-0.29%
MMC	A	-0.28%
LRCX	F	-0.27%
IOT	B	-0.27%
PANW	C	-0.27%
ADSK	B	-0.26%
APO	A	-0.26%
ROP	B	-0.24%
ADI	D	-0.21%
DKNG	C	-0.2%
ELV	F	-0.19%
ENTG	D	-0.19%
WDAY	C	-0.19%
SPGI	C	-0.17%
LEGN	F	-0.16%
CBOE	B	-0.16%
REGN	F	-0.16%
SHW	A	-0.16%
ULTA	F	-0.15%
ZTS	D	-0.15%
KLAC	F	-0.15%
DG	F	-0.15%
MPWR	F	-0.15%
WCN	A	-0.14%
BR	A	-0.14%
FAST	B	-0.14%
STZ	D	-0.1%
LULU	C	-0.08%