FLRG vs. FDND ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to FT Vest Dow Jones Internet & Target Income ETF (FDND)

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

$35.53

Average Daily Volume

51,658

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FDND

FT Vest Dow Jones Internet & Target Income ETF

FDND Description

FDND aims to provide income at an annual rate of 8%, before fees and expenses, over the annual dividend yield of the Nasdaq-100 Index. The income stems from dividends from individual equity positions and premiums from selling naked call options. However, there is no guarantee the fund will deliver the target income. The portfolio manager actively selects 40 of the largest and most liquid US internet companies, which includes firms in the internet commerce and internet services sub-industries. Each week, FDND attempts to bridge the difference between the dividend income of its equity portfolio and its target distribution by selling at-the-money, naked call options on the Nasdaq-100 Index or related ETFs. The income from dividends and option premiums are expected to be distributed monthly. Investors should note that naked call writing, or selling call options without owning the underlying asset, is a high-risk options strategy.

Grade (RS Rating)

Last Trade

$22.47

Average Daily Volume

1,791

Number of Holdings ^*

41

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	FDND
30 Days	3.91%	10.31%
60 Days	5.11%	13.46%
90 Days	6.17%	17.57%
12 Months	32.36%

9 Overlapping Holdings

	Symbol	Grade	Weight in FLRG	Weight in FDND	Overlap
	AKAM	D	0.5%	0.67%	0.5%
	ANET	C	0.68%	4.24%	0.68%
	BKNG	A	1.15%	5.06%	1.15%
	DBX	B	0.5%	0.31%	0.31%
	GDDY	A	0.53%	1.3%	0.53%
	GOOGL	C	3.46%	5.38%	3.46%
	META	D	2.47%	9.34%	2.47%
	NFLX	A	0.69%	9.0%	0.69%
	ZM	B	0.56%	0.99%	0.56%

FLRG Overweight 92 Positions Relative to FDND

	Symbol	Grade	Weight
	MSFT	F	6.44%
	NVDA	C	6.08%
	LLY	F	1.98%
	AVGO	D	1.93%
	VST	B	1.76%
	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%
	NFG	A	1.12%
	PSA	D	1.04%
	PAYX	C	1.04%
	PCAR	B	1.03%
	ALSN	B	1.02%
	ACGL	D	1.02%
	PM	B	1.01%
	MLI	C	1.0%
	VRSK	A	1.0%
	BCC	B	0.97%
	SNA	A	0.97%
	HIG	B	0.95%
	NVR	D	0.94%
	CF	B	0.91%
	LEN	D	0.91%
	ORLY	B	0.91%
	PHM	D	0.91%
	AMGN	D	0.91%
	IBM	C	0.9%
	DTM	B	0.9%
	EG	C	0.9%
	JXN	C	0.89%
	CRBG	B	0.88%
	VICI	C	0.88%
	SYF	B	0.88%
	OHI	C	0.87%
	MTG	C	0.87%
	AZO	C	0.87%
	HRB	D	0.87%
	ESNT	D	0.87%
	WSM	B	0.86%
	CI	F	0.83%
	RGA	A	0.83%
	CTRA	B	0.83%
	NUE	C	0.82%
	MO	A	0.82%
	CL	D	0.82%
	STLD	B	0.81%
	RDN	C	0.81%
	VLO	C	0.81%
	QCOM	F	0.81%
	REGN	F	0.8%
	VRTX	F	0.79%
	AMAT	F	0.77%
	BRBR	A	0.77%
	KMB	D	0.75%
	UTHR	C	0.7%
	CNC	D	0.67%
	CRWD	B	0.67%
	CHRD	D	0.67%
	KLAC	D	0.65%
	MOH	F	0.65%
	MSI	B	0.64%
	FICO	B	0.63%
	RPRX	D	0.63%
	LRCX	F	0.63%
	APH	A	0.61%
	CDNS	B	0.6%
	MCK	B	0.6%
	NXPI	D	0.55%
	DELL	C	0.54%
	CTSH	B	0.52%
	GEN	B	0.51%
	ACIW	B	0.5%
	NTAP	C	0.49%
	CRUS	D	0.47%
	VZ	C	0.47%
	DOX	D	0.47%
	CVLT	B	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 32 Positions Relative to FDND

	Symbol	Grade	Weight
	AMZN	C	-9.29%
	CRM	B	-7.47%
	GOOG	C	-4.45%
	CSCO	B	-4.45%
	PYPL	B	-4.24%
	ABNB	C	-2.9%
	DASH	A	-2.82%
	WDAY	B	-2.65%
	CPRT	A	-2.39%
	SNOW	C	-2.2%
	DDOG	A	-2.09%
	TEAM	A	-1.91%
	HUBS	A	-1.75%
	VEEV	C	-1.51%
	EBAY	D	-1.46%
	NET	B	-1.46%
	CVNA	B	-1.37%
	RBLX	C	-1.35%
	DKNG	B	-1.04%
	PINS	D	-0.86%
	NTNX	A	-0.84%
	DOCU	A	-0.78%
	VRSN	F	-0.74%
	JNPR	F	-0.57%
	OKTA	C	-0.57%
	PAYC	B	-0.54%
	CIEN	B	-0.47%
	SMAR	A	-0.37%
	CFLT	B	-0.36%
	MARA	C	-0.33%
	BOX	B	-0.24%
	ZI	D	-0.15%

FLRG: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Software - Infrastructure Biotechnology Drug Manufacturers - Major Telecom Services Business Services Credit Services Health Care Plans Household & Personal Products Internet Content & Information Oil & Gas E&P Residential Construction Semiconductor Equipment & Materials Specialty Retail Asset Management Computer Systems Information Technology Services Insurance - Diversified Insurance - Reinsurance

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Mobile Devices Insurance Integrated Circuits Broadband Semiconductor Telecommunications Work From Home Cloud Computing Fabless Semiconductor Companies Operating System Smartphones Building Materials Insurance Coverage Pharmaceutical Products Software Batteries

FDND: Top Represented Industries & Keywords

Industries: Software - Application Internet Content & Information Software - Infrastructure Communication Equipment Specialty Retail Internet Content & Information Auto & Truck Dealerships Business Services Computer Systems Credit Services Electronic Gaming & Multimedia Gambling Health Information Services Media - Diversified Telecom Services Travel Services

Keywords: Nasdaq 100 Computing S&P 500 Cloud Computing Work From Home Mobile Devices Cloud Infrastructure Software As A Service Software Telecommunications Cloud Applications Cloud Storage Information And Communications Technology Firewall Hyperscale Advertising Services Application Programming Interface Computer Networking Digital Media Dow Jones Component