FHEQ vs. CFO ETF Comparison

Comparison of Fidelity Hedged Equity ETF (FHEQ) to Compass EMP US 500 Enhanced Volatility Weighted Index ETF (CFO)

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.56

Average Daily Volume

23,672

Number of Holdings ^*

169

* may have additional holdings in another (foreign) market

CFO

Compass EMP US 500 Enhanced Volatility Weighted Index ETF

CFO Description

The investment seeks to provide investment results that match the performance of the CEMP U.S. Large Cap 500 Long/Cash Volatility Weighted Index before fees and expenses. The index is an unmanaged index that 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 with consistent positive earnings and weighted based on the volatility of each stock. Under normal market conditions, the fund invests at least 80% of its assets in the securities of U.S. issuers included in the index as of its most recent reconstitution.

Grade (RS Rating)

Last Trade

$71.22

Average Daily Volume

10,325

Number of Holdings ^*

494

* may have additional holdings in another (foreign) market

Performance

Period	FHEQ	CFO
30 Days	0.33%	0.45%
60 Days	3.96%	4.18%
90 Days	4.83%	7.28%
12 Months		24.76%

129 Overlapping Holdings

Symbol	Grade	Weight in FHEQ	Weight in CFO	Overlap
AAPL	C	7.05%	0.2%	0.2%
ABBV	F	1.0%	0.24%	0.24%
ADBE	F	0.96%	0.11%	0.11%
ADP	B	0.16%	0.35%	0.16%
ALL	A	0.07%	0.22%	0.07%
ALLE	D	0.4%	0.21%	0.21%
AMAT	F	0.75%	0.11%	0.11%
AME	A	0.1%	0.24%	0.1%
AMGN	D	0.26%	0.17%	0.17%
AMZN	B	3.61%	0.2%	0.2%
ANET	C	0.08%	0.14%	0.08%
AVGO	C	1.73%	0.11%	0.11%
AXP	A	0.42%	0.23%	0.23%
BAC	A	1.13%	0.22%	0.22%
BAH	D	0.12%	0.19%	0.12%
BDX	F	0.59%	0.24%	0.24%
BIIB	F	0.22%	0.15%	0.15%
BK	A	0.35%	0.3%	0.3%
BRK.A	A	2.12%	0.34%	0.34%
C	A	0.53%	0.2%	0.2%
CAH	B	0.42%	0.22%	0.22%
CAT	B	0.48%	0.21%	0.21%
CI	D	0.65%	0.22%	0.22%
CINF	A	0.12%	0.24%	0.12%
CL	D	0.55%	0.28%	0.28%
CLX	A	0.19%	0.22%	0.19%
CMCSA	B	0.83%	0.24%	0.24%
CME	A	0.36%	0.28%	0.28%
CMG	B	0.55%	0.17%	0.17%
CNC	F	0.06%	0.14%	0.06%
COST	B	0.45%	0.23%	0.23%
CRM	A	1.23%	0.16%	0.16%
CSCO	B	0.8%	0.29%	0.29%
CSX	B	0.58%	0.28%	0.28%
CTAS	B	0.67%	0.26%	0.26%
CVNA	A	0.51%	0.08%	0.08%
CVS	F	0.21%	0.14%	0.14%
CVX	A	0.02%	0.26%	0.02%
DIS	A	0.42%	0.19%	0.19%
DOCU	A	0.2%	0.16%	0.16%
DVN	F	0.51%	0.17%	0.17%
ECL	D	0.61%	0.23%	0.23%
ED	D	0.04%	0.26%	0.04%
EOG	A	0.27%	0.21%	0.21%
ETN	A	0.15%	0.19%	0.15%
F	C	0.14%	0.12%	0.12%
FTNT	A	0.14%	0.12%	0.12%
GE	D	0.45%	0.17%	0.17%
GEHC	D	0.17%	0.16%	0.16%
GEN	B	0.13%	0.17%	0.13%
GILD	B	0.77%	0.23%	0.23%
GOOGL	B	2.05%	0.19%	0.19%
GRMN	B	0.31%	0.21%	0.21%
HD	A	1.27%	0.24%	0.24%
HLT	A	0.18%	0.29%	0.18%
HWM	A	0.27%	0.16%	0.16%
IDXX	F	0.18%	0.16%	0.16%
INCY	B	0.28%	0.23%	0.23%
JNJ	D	0.59%	0.28%	0.28%
JPM	A	1.75%	0.25%	0.25%
KLAC	F	0.57%	0.09%	0.09%
KR	B	0.11%	0.25%	0.11%
L	A	0.07%	0.32%	0.07%
LDOS	C	0.39%	0.32%	0.32%
LHX	B	0.21%	0.29%	0.21%
LLY	F	0.84%	0.13%	0.13%
LMT	D	0.73%	0.31%	0.31%
LPLA	A	0.03%	0.2%	0.03%
LRCX	F	0.24%	0.11%	0.11%
MA	A	1.33%	0.31%	0.31%
MDLZ	F	0.07%	0.25%	0.07%
META	C	2.96%	0.13%	0.13%
MGM	D	0.15%	0.14%	0.14%
MMC	C	0.52%	0.3%	0.3%
MMM	D	0.22%	0.12%	0.12%
MRK	F	0.66%	0.18%	0.18%
MS	A	0.16%	0.25%	0.16%
MSCI	A	0.49%	0.15%	0.15%
MSFT	D	5.62%	0.25%	0.25%
MSI	A	0.24%	0.3%	0.24%
NBIX	D	0.11%	0.13%	0.11%
NEE	C	0.69%	0.16%	0.16%
NFLX	A	1.21%	0.18%	0.18%
NOC	D	0.59%	0.25%	0.25%
NOW	B	0.34%	0.15%	0.15%
NSC	B	0.26%	0.19%	0.19%
NUE	D	0.33%	0.19%	0.19%
NVDA	B	7.54%	0.11%	0.11%
ORCL	A	0.04%	0.2%	0.04%
PCAR	B	0.43%	0.22%	0.22%
PG	C	0.82%	0.29%	0.29%
PGR	B	0.64%	0.23%	0.23%
PM	A	0.85%	0.29%	0.29%
PPG	F	0.32%	0.26%	0.26%
PYPL	A	0.54%	0.15%	0.15%
QCOM	F	0.82%	0.12%	0.12%
ROST	D	0.1%	0.22%	0.1%
RSG	B	0.04%	0.33%	0.04%
RTX	D	0.45%	0.26%	0.26%
SCHW	A	0.53%	0.19%	0.19%
SOLV	C	0.13%	0.14%	0.13%
SPGI	C	0.41%	0.28%	0.28%
SQ	A	0.6%	0.11%	0.11%
STLD	B	0.05%	0.21%	0.05%
T	A	0.63%	0.26%	0.26%
TJX	A	0.72%	0.26%	0.26%
TMO	D	0.28%	0.2%	0.2%
TMUS	A	0.07%	0.41%	0.07%
TROW	A	0.22%	0.22%	0.22%
TRV	A	0.52%	0.24%	0.24%
TSLA	B	1.15%	0.11%	0.11%
TT	A	0.68%	0.22%	0.22%
TXT	D	0.49%	0.2%	0.2%
UBER	C	0.14%	0.12%	0.12%
UHS	D	0.08%	0.16%	0.08%
UNH	B	0.58%	0.2%	0.2%
UNP	D	0.73%	0.25%	0.25%
UTHR	B	0.06%	0.18%	0.06%
V	A	0.46%	0.34%	0.34%
VEEV	C	0.13%	0.16%	0.13%
VST	A	0.1%	0.15%	0.1%
VZ	C	0.2%	0.22%	0.2%
WDAY	B	0.16%	0.14%	0.14%
WM	B	0.38%	0.27%	0.27%
WMT	A	0.79%	0.29%	0.29%
XEL	A	0.2%	0.22%	0.2%
XOM	B	1.51%	0.26%	0.26%
ZBRA	B	0.48%	0.15%	0.15%
ZM	B	0.57%	0.17%	0.17%

FHEQ Overweight 40 Positions Relative to CFO

Symbol	Grade	Weight
GOOG	B	1.98%
BMY	B	0.77%
PFE	F	0.58%
SEIC	A	0.54%
DBX	C	0.53%
MU	D	0.53%
EXEL	B	0.5%
IGT	F	0.49%
CACI	C	0.37%
MEDP	D	0.35%
TDC	F	0.34%
ANF	C	0.33%
WTW	B	0.31%
SKYW	A	0.3%
ALRM	C	0.26%
AMT	D	0.21%
GL	B	0.2%
GAP	C	0.18%
PSA	C	0.18%
LNW	D	0.18%
PEGA	B	0.17%
FTI	A	0.17%
TPH	D	0.15%
SPG	A	0.15%
DASH	B	0.12%
QRVO	F	0.11%
PLTK	A	0.1%
DOC	D	0.08%
LYFT	B	0.07%
BCC	B	0.07%
BBWI	C	0.07%
CRUS	F	0.06%
IFF	D	0.05%
CCL	A	0.05%
SCCO	F	0.04%
MHO	D	0.02%
TWLO	A	0.02%
UNM	A	0.01%
NWL	B	0.01%
OGE	A	0.01%

FHEQ Underweight 365 Positions Relative to CFO

Symbol	Grade	Weight
KMI	A	-0.35%
ITW	B	-0.33%
ATO	A	-0.33%
FI	A	-0.33%
KO	D	-0.33%
ETR	A	-0.31%
AMP	A	-0.31%
HON	A	-0.31%
WMB	A	-0.31%
TRGP	A	-0.3%
NI	A	-0.3%
YUM	D	-0.3%
CHD	A	-0.3%
GD	D	-0.3%
LIN	D	-0.3%
PKG	B	-0.29%
RJF	A	-0.29%
HOLX	D	-0.29%
DUK	C	-0.29%
BSX	B	-0.29%
OKE	A	-0.29%
PPL	A	-0.29%
ICE	D	-0.29%
CW	B	-0.28%
OTIS	D	-0.28%
EA	A	-0.28%
PEG	C	-0.28%
LNG	A	-0.28%
COR	B	-0.28%
SRE	A	-0.28%
MAR	A	-0.27%
FAST	B	-0.27%
CB	C	-0.27%
SO	C	-0.27%
GWW	A	-0.27%
EVRG	A	-0.27%
IEX	B	-0.27%
PAYX	B	-0.27%
SSNC	D	-0.26%
SNA	A	-0.26%
BR	A	-0.26%
PCG	A	-0.26%
IBKR	A	-0.26%
AVY	D	-0.26%
CPRT	A	-0.26%
ABT	B	-0.26%
GGG	A	-0.26%
BRO	B	-0.26%
VRSN	D	-0.26%
MCD	D	-0.26%
PEP	F	-0.26%
FE	C	-0.26%
CMS	C	-0.26%
WAB	B	-0.26%
JKHY	D	-0.26%
ROP	C	-0.26%
SCI	B	-0.25%
LNT	A	-0.25%
KDP	D	-0.25%
RPM	A	-0.25%
WEC	A	-0.25%
SYK	A	-0.25%
AJG	A	-0.25%
MET	A	-0.25%
MO	A	-0.25%
AFG	A	-0.25%
ORLY	A	-0.25%
NDAQ	A	-0.25%
MDT	D	-0.25%
PFG	C	-0.25%
STZ	D	-0.24%
OMC	C	-0.24%
ACM	B	-0.24%
J	D	-0.24%
VRSK	B	-0.24%
CNP	A	-0.24%
FDS	A	-0.24%
MORN	B	-0.24%
AEE	A	-0.24%
STT	A	-0.24%
MNST	D	-0.24%
TRMB	A	-0.24%
GS	A	-0.24%
TW	B	-0.24%
PTC	B	-0.24%
VMC	B	-0.24%
MKL	A	-0.24%
CTSH	B	-0.24%
FOXA	A	-0.24%
HIG	C	-0.24%
DOV	A	-0.24%
KMB	C	-0.23%
TXRH	A	-0.23%
DGX	A	-0.23%
TDY	B	-0.23%
JEF	A	-0.23%
BKR	A	-0.23%
DTE	C	-0.23%
SHW	B	-0.23%
NTRS	A	-0.23%
AON	A	-0.23%
AEP	C	-0.23%
GDDY	A	-0.23%
EIX	C	-0.23%
AIG	B	-0.23%
EQH	B	-0.23%
ZBH	C	-0.23%
COF	A	-0.23%
MCK	A	-0.23%
SYY	D	-0.23%
MLM	B	-0.23%
DRI	B	-0.23%
COP	C	-0.23%
CBOE	D	-0.22%
ROL	A	-0.22%
AFL	C	-0.22%
CMI	A	-0.22%
FIS	B	-0.22%
RNR	D	-0.22%
EMR	A	-0.22%
HEI	A	-0.22%
MCO	C	-0.22%
AZO	C	-0.22%
USFD	B	-0.22%
EXPD	D	-0.22%
WFC	A	-0.22%
LVS	C	-0.22%
DOW	F	-0.22%
LYB	F	-0.22%
NWSA	B	-0.22%
UAL	A	-0.21%
RGA	A	-0.21%
IPG	F	-0.21%
TSCO	D	-0.21%
APH	B	-0.21%
XYL	D	-0.21%
ACN	C	-0.21%
SJM	F	-0.21%
CTRA	A	-0.21%
PNC	A	-0.21%
NDSN	B	-0.21%
TDG	D	-0.21%
LYV	A	-0.21%
DAL	A	-0.21%
EXC	C	-0.21%
FTV	D	-0.21%
GIS	D	-0.21%
KHC	F	-0.21%
AWK	C	-0.21%
DE	D	-0.21%
EMN	C	-0.21%
MTB	A	-0.21%
TAP	A	-0.21%
WRB	A	-0.21%
PRU	A	-0.21%
IBM	D	-0.21%
IT	B	-0.21%
PFGC	B	-0.21%
BKNG	A	-0.21%
APO	A	-0.21%
LOW	A	-0.21%
FFIV	B	-0.21%
LH	B	-0.21%
CPAY	A	-0.2%
HSY	F	-0.2%
OWL	A	-0.2%
RS	B	-0.2%
CAG	F	-0.2%
EME	B	-0.2%
ITT	A	-0.2%
ACGL	C	-0.2%
PH	A	-0.2%
D	C	-0.2%
TYL	B	-0.2%
ADSK	B	-0.2%
ARES	B	-0.2%
IR	A	-0.2%
EWBC	A	-0.2%
CLH	C	-0.2%
EBAY	D	-0.2%
CPB	D	-0.2%
VLTO	D	-0.2%
APP	A	-0.2%
OXY	F	-0.2%
HBAN	A	-0.2%
JCI	A	-0.2%
SYF	A	-0.2%
ELV	F	-0.19%
MKC	D	-0.19%
WMG	B	-0.19%
IP	A	-0.19%
WSO	A	-0.19%
FITB	A	-0.19%
FICO	A	-0.19%
RF	A	-0.19%
JBHT	B	-0.19%
USB	B	-0.19%
REGN	F	-0.19%
DHR	D	-0.19%
CSL	B	-0.19%
CBRE	B	-0.19%
TTEK	D	-0.19%
GLW	B	-0.19%
BX	A	-0.19%
FNF	C	-0.19%
NVR	D	-0.19%
STE	D	-0.19%
ABNB	C	-0.18%
CF	A	-0.18%
TPL	A	-0.18%
DD	D	-0.18%
AKAM	F	-0.18%
SLB	C	-0.18%
EQT	A	-0.18%
APD	A	-0.18%
EG	D	-0.18%
KKR	A	-0.18%
MAS	D	-0.18%
CASY	B	-0.18%
RCL	A	-0.18%
AOS	F	-0.18%
HCA	D	-0.18%
TXN	C	-0.18%
INTU	A	-0.18%
GM	A	-0.18%
HUBB	B	-0.18%
RYAN	A	-0.18%
ISRG	A	-0.18%
H	B	-0.18%
PWR	A	-0.17%
ZTS	D	-0.17%
DVA	C	-0.17%
GPN	B	-0.17%
AXON	A	-0.17%
PSX	C	-0.17%
PR	C	-0.17%
ODFL	B	-0.17%
GPC	D	-0.17%
FCNCA	A	-0.17%
OC	A	-0.17%
CDW	F	-0.17%
A	D	-0.17%
FANG	D	-0.17%
CRBG	B	-0.17%
UPS	C	-0.17%
KVUE	A	-0.17%
PAG	A	-0.17%
HAL	C	-0.17%
WAT	B	-0.17%
DPZ	C	-0.17%
LII	B	-0.17%
POOL	D	-0.16%
ERIE	F	-0.16%
WLK	F	-0.16%
UHAL	D	-0.16%
STX	D	-0.16%
KEY	A	-0.16%
KEYS	C	-0.16%
MANH	D	-0.16%
ULTA	D	-0.16%
NRG	B	-0.16%
RVTY	D	-0.16%
DT	C	-0.16%
CFG	A	-0.16%
BG	D	-0.16%
CDNS	B	-0.16%
OVV	C	-0.16%
CARR	D	-0.16%
CSGP	F	-0.16%
HII	F	-0.15%
FCX	F	-0.15%
XPO	B	-0.15%
HPE	B	-0.15%
MOH	F	-0.15%
NTAP	D	-0.15%
PHM	D	-0.15%
GEV	A	-0.15%
SNPS	C	-0.15%
VLO	C	-0.15%
BSY	D	-0.15%
CTVA	D	-0.15%
JLL	C	-0.15%
HPQ	B	-0.15%
HRL	D	-0.15%
PLTR	A	-0.14%
TFX	F	-0.14%
PODD	A	-0.14%
LEN	D	-0.14%
EFX	F	-0.14%
ROK	A	-0.14%
MPC	D	-0.14%
ADI	D	-0.14%
CPNG	C	-0.14%
DDOG	B	-0.14%
CHRW	A	-0.14%
EXPE	A	-0.14%
JBL	C	-0.14%
TGT	D	-0.14%
URI	B	-0.14%
FDX	A	-0.14%
THC	C	-0.14%
AVTR	F	-0.13%
ALLY	C	-0.13%
LUV	A	-0.13%
BMRN	F	-0.13%
WMS	F	-0.13%
DECK	A	-0.13%
TECH	D	-0.13%
WST	C	-0.13%
CHTR	B	-0.13%
TTD	B	-0.13%
IQV	F	-0.13%
TOL	B	-0.13%
MTD	F	-0.13%
FIX	A	-0.13%
CRWD	B	-0.12%
MCHP	F	-0.12%
NKE	D	-0.12%
RMD	C	-0.12%
PINS	F	-0.12%
BBY	C	-0.12%
EPAM	B	-0.12%
KMX	B	-0.12%
COKE	C	-0.12%
DHI	D	-0.12%
HOOD	A	-0.12%
NXPI	F	-0.12%
CEG	D	-0.12%
BURL	C	-0.12%
VRT	A	-0.12%
CE	F	-0.12%
INTC	C	-0.11%
BLD	F	-0.11%
ENTG	F	-0.11%
FND	F	-0.11%
ADM	D	-0.11%
HUM	F	-0.11%
ALGN	D	-0.11%
WING	F	-0.11%
SBUX	A	-0.11%
AMD	F	-0.1%
DKS	D	-0.1%
KNSL	C	-0.1%
APTV	F	-0.1%
WSM	F	-0.1%
AES	F	-0.1%
BLDR	D	-0.1%
SWKS	F	-0.1%
PANW	B	-0.1%
TER	F	-0.09%
DELL	C	-0.09%
EL	F	-0.09%
DG	F	-0.09%
ON	F	-0.09%
PSTG	F	-0.09%
EW	C	-0.09%
SRPT	F	-0.08%
DXCM	C	-0.08%
CHWY	B	-0.08%
MPWR	F	-0.08%
FSLR	F	-0.08%
COIN	A	-0.08%
RKT	F	-0.07%
ENPH	F	-0.04%
SMCI	F	-0.03%