FLRG vs. AFMC ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to Active Factor Mid Cap ETF (AFMC)

FLRG

Fidelity U.S. Multifactor ETF

FLRG Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Multifactor Index?. The fund normally invests at least 80% of its assets in securities included in the Fidelity U.S. Multifactor Index?. The Fidelity U.S. Multifactor Index? is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$35.37

Average Daily Volume

51,658

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

AFMC

Active Factor Mid Cap ETF

AFMC Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by mid capitalization companies. The manager defines mid capitalization companies as those that, at the time of investment, have a market capitalization between the minimum and maximum market capitalization of a widely recognized index of mid capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$34.31

Average Daily Volume

9,370

Number of Holdings ^*

244

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	AFMC
30 Days	3.91%	7.36%
60 Days	5.11%	6.97%
90 Days	6.17%	8.83%
12 Months	32.36%	41.05%

27 Overlapping Holdings

Symbol	Grade	Weight in FLRG	Weight in AFMC	Overlap
ACIW	B	0.5%	0.51%	0.5%
ALSN	B	1.02%	1.13%	1.02%
BCC	B	0.97%	0.45%	0.45%
BRBR	A	0.77%	0.62%	0.62%
CHRD	D	0.67%	0.4%	0.4%
CRUS	D	0.47%	0.46%	0.46%
CVLT	B	0.47%	0.7%	0.47%
DBX	B	0.5%	0.54%	0.5%
ESNT	D	0.87%	0.8%	0.8%
FICO	B	0.63%	0.67%	0.63%
GDDY	A	0.53%	1.2%	0.53%
GEN	B	0.51%	0.1%	0.1%
HRB	D	0.87%	0.5%	0.5%
JXN	C	0.89%	0.65%	0.65%
MLI	C	1.0%	1.15%	1.0%
MOH	F	0.65%	0.34%	0.34%
MTG	C	0.87%	1.1%	0.87%
NFG	A	1.12%	0.56%	0.56%
NTAP	C	0.49%	0.62%	0.49%
OHI	C	0.87%	0.58%	0.58%
PHM	D	0.91%	0.56%	0.56%
RDN	C	0.81%	0.76%	0.76%
SNA	A	0.97%	0.47%	0.47%
STLD	B	0.81%	0.36%	0.36%
UTHR	C	0.7%	1.55%	0.7%
VST	B	1.76%	1.04%	1.04%
WSM	B	0.86%	0.98%	0.86%

FLRG Overweight 74 Positions Relative to AFMC

Symbol	Grade	Weight
MSFT	F	6.44%
NVDA	C	6.08%
GOOGL	C	3.46%
META	D	2.47%
LLY	F	1.98%
AVGO	D	1.93%
V	A	1.66%
MA	C	1.64%
HD	A	1.62%
PG	A	1.43%
JNJ	D	1.35%
ABBV	D	1.29%
MCD	D	1.28%
PGR	A	1.25%
LMT	D	1.2%
ADP	B	1.17%
BKNG	A	1.15%
PSA	D	1.04%
PAYX	C	1.04%
PCAR	B	1.03%
ACGL	D	1.02%
PM	B	1.01%
VRSK	A	1.0%
HIG	B	0.95%
NVR	D	0.94%
CF	B	0.91%
LEN	D	0.91%
ORLY	B	0.91%
AMGN	D	0.91%
IBM	C	0.9%
DTM	B	0.9%
EG	C	0.9%
CRBG	B	0.88%
VICI	C	0.88%
SYF	B	0.88%
AZO	C	0.87%
CI	F	0.83%
RGA	A	0.83%
CTRA	B	0.83%
NUE	C	0.82%
MO	A	0.82%
CL	D	0.82%
VLO	C	0.81%
QCOM	F	0.81%
REGN	F	0.8%
VRTX	F	0.79%
AMAT	F	0.77%
KMB	D	0.75%
NFLX	A	0.69%
ANET	C	0.68%
CNC	D	0.67%
CRWD	B	0.67%
KLAC	D	0.65%
MSI	B	0.64%
RPRX	D	0.63%
LRCX	F	0.63%
APH	A	0.61%
CDNS	B	0.6%
MCK	B	0.6%
ZM	B	0.56%
NXPI	D	0.55%
DELL	C	0.54%
CTSH	B	0.52%
AKAM	D	0.5%
VZ	C	0.47%
DOX	D	0.47%
DLB	B	0.45%
SWKS	F	0.43%
QLYS	C	0.42%
T	A	0.41%
CMCSA	B	0.41%
TMUS	B	0.31%
EA	A	0.17%
FOXA	B	0.14%

FLRG Underweight 217 Positions Relative to AFMC

Symbol	Grade	Weight
SFM	A	-1.96%
TOL	B	-1.47%
EME	C	-1.33%
ORI	A	-1.17%
AYI	B	-1.16%
THC	D	-1.12%
KBH	D	-1.09%
FIX	A	-1.06%
NRG	B	-0.99%
UNM	A	-0.96%
IDCC	A	-0.95%
TPL	A	-0.94%
INGR	B	-0.9%
ACT	D	-0.87%
COKE	C	-0.87%
IBOC	A	-0.85%
CSL	C	-0.8%
OC	A	-0.8%
CW	B	-0.78%
TMHC	B	-0.78%
HIW	D	-0.77%
LII	A	-0.75%
SF	B	-0.74%
WBS	A	-0.73%
CNM	D	-0.72%
GLPI	C	-0.72%
TXRH	C	-0.72%
FHI	A	-0.68%
JBL	B	-0.67%
G	B	-0.66%
ERIE	D	-0.65%
WPC	D	-0.65%
NXST	C	-0.62%
CACI	D	-0.62%
TPR	B	-0.62%
AMG	B	-0.62%
PRI	A	-0.6%
CMC	B	-0.6%
MUSA	A	-0.6%
BERY	B	-0.59%
BLDR	D	-0.59%
FFIV	B	-0.58%
CUZ	B	-0.56%
EXP	A	-0.56%
SNX	C	-0.55%
PPC	C	-0.54%
CRS	A	-0.54%
TGNA	B	-0.54%
DECK	A	-0.52%
SBRA	C	-0.51%
CBSH	A	-0.51%
RPM	A	-0.5%
NYT	C	-0.5%
SANM	B	-0.49%
DINO	D	-0.48%
ENS	D	-0.48%
GMED	A	-0.48%
NVST	B	-0.47%
MTH	D	-0.47%
KMT	B	-0.47%
PSN	D	-0.46%
UHS	D	-0.45%
AMR	C	-0.45%
GHC	C	-0.44%
PINC	B	-0.44%
HNI	B	-0.44%
RGLD	C	-0.43%
DDS	B	-0.43%
PK	B	-0.43%
JLL	D	-0.43%
MEDP	D	-0.43%
AGCO	D	-0.43%
BTU	B	-0.43%
ONTO	D	-0.42%
GEF	A	-0.42%
NTCT	C	-0.42%
CHE	D	-0.41%
AIZ	A	-0.4%
EXEL	B	-0.39%
LAMR	D	-0.39%
HALO	F	-0.39%
HLI	B	-0.39%
PVH	C	-0.39%
JAZZ	B	-0.38%
WSO	A	-0.38%
TEX	D	-0.37%
ANF	C	-0.37%
CDP	C	-0.37%
WFRD	D	-0.37%
MAN	D	-0.37%
BYD	C	-0.35%
RS	B	-0.35%
ARW	D	-0.34%
UFPI	B	-0.34%
ADC	B	-0.34%
UGI	A	-0.34%
HWC	B	-0.33%
COLB	A	-0.33%
CSWI	A	-0.33%
FHN	A	-0.32%
SAIC	F	-0.31%
EPR	D	-0.31%
PBF	D	-0.3%
SSB	B	-0.3%
CR	A	-0.3%
FSS	B	-0.3%
APPF	B	-0.3%
GAP	C	-0.3%
BDC	B	-0.29%
LNTH	D	-0.29%
INCY	C	-0.29%
ASO	F	-0.29%
DKS	C	-0.29%
CHRW	C	-0.28%
NSA	D	-0.27%
EHC	B	-0.27%
CTRE	D	-0.27%
AVT	C	-0.27%
MANH	D	-0.27%
TTEK	F	-0.26%
WWD	B	-0.26%
AN	C	-0.26%
JHG	A	-0.26%
LOPE	B	-0.26%
NVT	B	-0.26%
RL	B	-0.26%
GPI	A	-0.25%
ATKR	C	-0.25%
CATY	B	-0.25%
HOG	D	-0.25%
CNA	B	-0.25%
ZD	C	-0.25%
IBP	D	-0.25%
WCC	B	-0.25%
TDC	D	-0.24%
MSM	C	-0.24%
LPX	B	-0.24%
OLN	D	-0.24%
VMI	B	-0.24%
ESAB	B	-0.23%
ENSG	D	-0.23%
NBIX	C	-0.22%
L	A	-0.22%
AIT	A	-0.22%
HST	C	-0.22%
OZK	B	-0.21%
BWA	D	-0.21%
LEA	D	-0.21%
CRVL	A	-0.21%
HOMB	A	-0.2%
PRGO	B	-0.19%
NEU	C	-0.19%
JWN	C	-0.19%
NAVI	C	-0.19%
SM	B	-0.18%
ZION	B	-0.18%
SJM	D	-0.18%
NUS	D	-0.18%
CRI	D	-0.18%
APLE	B	-0.17%
CROX	D	-0.17%
ADNT	F	-0.17%
ABG	B	-0.17%
DXC	B	-0.17%
CLF	F	-0.17%
M	D	-0.15%
ATR	B	-0.15%
CASY	A	-0.14%
CAH	B	-0.13%
BLD	D	-0.13%
VSH	D	-0.13%
OPCH	D	-0.12%
AEO	F	-0.12%
HPP	F	-0.12%
TPH	D	-0.11%
EQH	B	-0.1%
EXLS	B	-0.1%
BPMC	C	-0.1%
CUBE	D	-0.1%
NSIT	F	-0.1%
ELF	C	-0.1%
BOX	B	-0.1%
AMN	F	-0.09%
HSIC	B	-0.09%
CNXC	F	-0.09%
ITT	A	-0.09%
AOS	F	-0.09%
CPT	B	-0.09%
VNT	B	-0.09%
OGN	D	-0.08%
HAE	C	-0.08%
BRX	A	-0.08%
DCI	B	-0.08%
APA	D	-0.08%
ITRI	B	-0.08%
LECO	B	-0.08%
DOCS	C	-0.07%
WU	D	-0.07%
SKX	D	-0.07%
TAP	C	-0.07%
OSCR	D	-0.07%
ASGN	F	-0.07%
AWI	A	-0.06%
DVA	B	-0.06%
PDCO	D	-0.06%
PBH	A	-0.06%
MMSI	B	-0.06%
CXT	B	-0.05%
SPSC	C	-0.05%
ZETA	D	-0.05%
BMI	B	-0.04%
ACLS	F	-0.04%
LEVI	F	-0.03%
IART	C	-0.02%
NNN	D	-0.0%
VRNS	D	-0.0%
PI	D	-0.0%