FDWM vs. EQUL ETF Comparison

Comparison of Fidelity Women's Leadership ETF (FDWM) to IQ Engender Equality ETF (EQUL)

FDWM

Fidelity Women's Leadership ETF

FDWM Description

The investment seeks long-term growth of capital. The Advisor normally invests at least 80% of assets in equity securities of companies that prioritize and advance women's leadership and development. The Adviser may invest the fund's assets in securities of foreign issuers in addition to securities of domestic issuers. The fund may invest a significant percentage of its assets in relatively few companies and may invest up to 25% in a single company. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.14

Average Daily Volume

683

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

EQUL

IQ Engender Equality ETF

EQUL Description

The EQUL IQ Engender Equality ETF tracks the Solactive Equileap U.S. Gender Equality Index, which is designed to deliver exposure to global companies that promote gender equality and are committed to women’s empowerment through equal compensation and gender balance in leadership and the workforce.

Grade (RS Rating)

Last Trade

$25.28

Average Daily Volume

505

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDWM	EQUL
30 Days	-0.40%	2.65%
60 Days	0.70%	4.37%
90 Days	2.62%	2.34%
12 Months	15.15%	11.01%

18 Overlapping Holdings

Symbol	Grade	Weight in FDWM	Weight in EQUL	Overlap
ACN	C	1.79%	1.5%	1.5%
AWK	A	0.81%	1.41%	0.81%
BAC	C	1.19%	1.38%	1.19%
C	B	1.04%	1.41%	1.04%
CLX	D	0.71%	1.3%	0.71%
CNC	B	1.14%	1.27%	1.14%
CRM	C	1.63%	1.44%	1.44%
ETSY	D	0.77%	1.33%	0.77%
GM	D	0.75%	1.23%	0.75%
HLT	C	0.72%	1.32%	0.72%
HOLX	A	1.69%	1.41%	1.41%
HUBS	F	1.47%	1.1%	1.1%
INTU	B	1.41%	1.36%	1.36%
MA	C	1.05%	1.26%	1.05%
MRK	F	0.7%	1.26%	0.7%
PINS	F	0.53%	1.13%	0.53%
WEX	D	0.94%	1.32%	0.94%
ZTS	B	0.72%	1.38%	0.72%

FDWM Overweight 83 Positions Relative to EQUL

Symbol	Grade	Weight
AMZN	D	4.23%
MSFT	D	3.75%
NVDA	D	3.11%
GOOG	D	2.89%
DIS	D	2.22%
AAPL	C	1.86%
CI	C	1.78%
NDAQ	B	1.62%
JPM	B	1.53%
PGR	B	1.53%
NXPI	D	1.33%
CDW	D	1.29%
AMD	F	1.28%
HIG	A	1.25%
NEE	A	1.24%
ADBE	B	1.2%
MU	D	1.17%
ANET	C	1.16%
ICLR	B	1.14%
NVT	D	1.09%
MRVL	F	1.09%
BKR	B	1.02%
FSLR	D	1.01%
ELV	C	1.01%
VTR	A	0.96%
MMC	A	0.92%
LDOS	C	0.9%
DE	F	0.88%
AR	D	0.87%
UPS	F	0.83%
NSIT	C	0.82%
TMHC	B	0.8%
LOW	B	0.79%
GSK	D	0.78%
SWX	B	0.77%
PH	B	0.77%
FSS	B	0.77%
CBT	C	0.76%
FDX	B	0.76%
BALL	C	0.75%
PODD	B	0.75%
FIS	D	0.74%
EL	F	0.74%
SAIC	C	0.73%
OTIS	D	0.72%
GEV	C	0.7%
OXY	F	0.7%
RRX	B	0.67%
CE	F	0.67%
SBUX	F	0.65%
WRBY	D	0.64%
MRNA	F	0.64%
RUN	B	0.63%
NFLX	D	0.63%
ETN	D	0.63%
EQT	F	0.62%
WSM	C	0.61%
VRTX	A	0.61%
EMN	B	0.6%
HBAN	B	0.6%
SUM	B	0.6%
BBY	C	0.58%
BG	C	0.56%
USB	B	0.53%
TPR	D	0.51%
OLED	C	0.51%
MAN	B	0.51%
ELF	D	0.5%
MTN	D	0.5%
ATI	B	0.5%
AMN	B	0.5%
ALNY	A	0.49%
ULTA	F	0.49%
VLTO	A	0.4%
EXAS	C	0.38%
ARCB	B	0.35%
GPS	D	0.34%
NKE	F	0.31%
PDFS	D	0.31%
SEDG	F	0.28%
RDUS	D	0.24%
ZLAB	D	0.24%
SAGE	F	0.14%

FDWM Underweight 57 Positions Relative to EQUL

Symbol	Grade	Weight
GLOB	C	-1.61%
GTLB	D	-1.56%
VFC	B	-1.53%
PARA	D	-1.47%
HALO	B	-1.47%
BK	A	-1.46%
SPGI	A	-1.44%
JNJ	B	-1.43%
MET	B	-1.43%
BMY	B	-1.43%
WTW	A	-1.42%
PRU	B	-1.42%
BLK	A	-1.41%
ADSK	C	-1.4%
MCO	A	-1.4%
NYT	B	-1.4%
ILMN	B	-1.4%
AXP	A	-1.39%
CRL	B	-1.38%
CMI	B	-1.38%
KO	A	-1.37%
WFC	C	-1.36%
VRSK	C	-1.36%
WELL	A	-1.36%
PEP	B	-1.36%
SCI	B	-1.35%
SJM	B	-1.35%
IPG	B	-1.34%
IFF	A	-1.34%
ESS	A	-1.33%
EBAY	A	-1.33%
BMRN	C	-1.33%
ECL	B	-1.32%
EXPE	D	-1.31%
GIS	B	-1.31%
VZ	C	-1.31%
MDLZ	C	-1.31%
Z	D	-1.31%
K	A	-1.3%
HAS	B	-1.3%
PG	B	-1.3%
XYL	D	-1.29%
MCD	C	-1.29%
COTY	F	-1.28%
BIIB	F	-1.28%
MAR	F	-1.27%
BSX	D	-1.26%
DOW	F	-1.25%
F	F	-1.24%
PYPL	C	-1.23%
UBER	F	-1.22%
YUM	C	-1.21%
DASH	D	-1.17%
META	C	-1.17%
AFRM	F	-1.12%
LYFT	F	-1.12%
WBA	F	-0.96%