FFLV vs. CDL ETF Comparison

Comparison of Fidelity Fundamental Large Cap Value ETF (FFLV) to Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF (CDL)

FFLV

Fidelity Fundamental Large Cap Value ETF

FFLV Description

The fund will normally invest at least 80% of the fund"s assets in equity securities of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000® Index or the S&P 500® Index). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.94

Average Daily Volume

878

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

CDL

Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF

CDL Description

The investment seeks to provide investment results that match the performance of the CEMP US Large Cap High Dividend 100 Volatility Weighted Index. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 100 highest dividend yielding stocks of the CEMP US Large Cap 500 Volatility Weighted Index, which consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Normally the fund invests at least 80% of its assets in the stocks of U.S. issuers included in the index.

Grade (RS Rating)

Last Trade

$69.90

Average Daily Volume

11,331

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FFLV	CDL
30 Days	3.62%	2.30%
60 Days	5.11%	3.70%
90 Days	5.96%	6.17%
12 Months		30.03%

16 Overlapping Holdings

Symbol	Grade	Weight in FFLV	Weight in CDL	Overlap
AES	F	0.54%	0.49%	0.49%
ALLY	C	0.54%	0.56%	0.54%
BG	D	0.25%	0.77%	0.25%
CMCSA	B	2.31%	1.11%	1.11%
CSCO	B	3.48%	1.34%	1.34%
CVS	D	1.21%	0.65%	0.65%
EIX	B	1.58%	1.09%	1.09%
HPQ	B	0.47%	0.69%	0.47%
IPG	D	0.42%	0.93%	0.42%
JNJ	C	2.03%	1.24%	1.24%
KEY	B	0.52%	0.73%	0.52%
KVUE	A	1.95%	0.83%	0.83%
PM	B	0.22%	1.37%	0.22%
SJM	D	1.24%	0.93%	0.93%
SRE	A	0.89%	1.33%	0.89%
XOM	B	4.54%	1.18%	1.18%

FFLV Overweight 92 Positions Relative to CDL

Symbol	Grade	Weight
JPM	A	4.36%
WFC	A	3.09%
HIG	B	2.6%
BAC	A	2.34%
UNH	B	2.23%
TRV	B	2.2%
ELV	F	1.96%
JCI	B	1.84%
FDX	B	1.7%
PLD	F	1.66%
CI	D	1.59%
USFD	A	1.49%
PCG	A	1.49%
ALSN	B	1.38%
APO	B	1.37%
WELL	A	1.32%
AZN	F	1.09%
BRK.A	B	1.04%
WLK	D	1.01%
RJF	A	1.01%
TKR	D	0.99%
CNC	D	0.96%
MCHP	F	0.94%
COR	B	0.88%
MRK	D	0.88%
AFG	A	0.87%
TSM	B	0.86%
TRGP	A	0.84%
DOX	D	0.84%
GEN	B	0.83%
GPK	C	0.82%
KDP	F	0.8%
UHAL	D	0.8%
CB	C	0.76%
ORI	A	0.75%
GDDY	A	0.7%
RRX	B	0.69%
LMT	D	0.68%
FLR	B	0.68%
TPX	B	0.67%
CNXC	F	0.67%
PSA	C	0.65%
LW	C	0.65%
SNX	D	0.61%
BCO	F	0.6%
WCC	B	0.58%
XPO	B	0.58%
LOW	C	0.58%
BC	C	0.58%
KO	D	0.57%
CG	B	0.56%
CEG	C	0.52%
SW	A	0.47%
VST	A	0.46%
UFPI	C	0.46%
GMS	B	0.46%
GPN	B	0.44%
LAD	A	0.43%
APTV	F	0.39%
FAF	A	0.38%
GTES	A	0.38%
DOOO	F	0.37%
LPX	B	0.36%
OLN	F	0.33%
HRI	C	0.32%
CC	C	0.31%
AAP	D	0.31%
DAR	C	0.31%
HOG	D	0.3%
LITE	B	0.29%
SLM	A	0.28%
CPT	B	0.28%
MDU	D	0.27%
HRB	D	0.27%
UPBD	B	0.26%
G	B	0.26%
OMF	A	0.24%
NXST	C	0.22%
VSTS	C	0.22%
CIEN	C	0.22%
TEX	F	0.21%
AR	B	0.2%
COMP	B	0.2%
SIG	B	0.2%
TPR	B	0.17%
SNY	F	0.17%
CCI	C	0.14%
MOH	F	0.13%
EWBC	A	0.13%
FCNCA	A	0.12%
WBS	A	0.11%
FTRE	D	0.07%

FFLV Underweight 84 Positions Relative to CDL

Symbol	Grade	Weight
KMI	A	-1.63%
WMB	A	-1.46%
ETR	B	-1.44%
NI	A	-1.42%
PPL	A	-1.39%
OKE	A	-1.39%
DUK	C	-1.33%
EVRG	A	-1.29%
CME	B	-1.28%
PAYX	B	-1.26%
CVX	A	-1.25%
SO	C	-1.25%
CMS	C	-1.24%
T	A	-1.23%
LNT	A	-1.22%
PEP	F	-1.22%
FE	C	-1.21%
MO	A	-1.21%
PFG	D	-1.19%
MET	A	-1.19%
MS	A	-1.18%
ED	C	-1.18%
WEC	A	-1.16%
AEE	A	-1.15%
MDT	D	-1.15%
CNP	A	-1.12%
STT	B	-1.1%
DRI	B	-1.09%
TAP	C	-1.09%
OMC	C	-1.09%
NTRS	A	-1.08%
DTE	C	-1.08%
EOG	A	-1.06%
AEP	C	-1.05%
CLX	A	-1.04%
TROW	B	-1.04%
XEL	A	-1.04%
KMB	C	-1.04%
MTB	A	-1.01%
CTRA	B	-1.01%
VZ	C	-1.01%
PRU	A	-1.0%
GILD	C	-0.99%
PNC	B	-0.99%
EXC	C	-0.98%
LYB	F	-0.98%
IBM	C	-0.97%
GIS	D	-0.97%
EMN	C	-0.96%
KHC	F	-0.95%
C	A	-0.95%
HBAN	A	-0.95%
ABBV	F	-0.95%
HSY	F	-0.94%
DOW	F	-0.94%
FNF	B	-0.92%
D	C	-0.92%
CPB	D	-0.92%
OWL	A	-0.91%
RF	A	-0.9%
CAG	F	-0.89%
USB	A	-0.89%
FITB	B	-0.89%
GLW	B	-0.87%
IP	A	-0.84%
OVV	B	-0.82%
PSX	C	-0.81%
FANG	C	-0.81%
DVN	F	-0.81%
GPC	D	-0.8%
UPS	C	-0.79%
CFG	B	-0.77%
CRBG	B	-0.77%
AMGN	F	-0.74%
VLO	C	-0.72%
HRL	D	-0.72%
TGT	F	-0.68%
STX	C	-0.67%
MMM	D	-0.57%
BBY	D	-0.56%
F	C	-0.55%
ADM	D	-0.5%
DG	F	-0.4%
EL	F	-0.39%