FLRG vs. FTEC ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to Fidelity MSCI Information Technology Index ETF (FTEC)

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

$34.03

Average Daily Volume

44,216

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

FTEC

Fidelity MSCI Information Technology Index ETF

FTEC Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$173.97

Average Daily Volume

238,735

Number of Holdings ^*

281

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	FTEC
30 Days	4.38%	7.14%
60 Days	10.76%	13.61%
90 Days	6.73%	-1.66%
12 Months	34.29%	42.10%

28 Overlapping Holdings

Symbol	Grade	Weight in FLRG	Weight in FTEC	Overlap
AAPL	C	6.58%	15.85%	6.58%
ACN	B	0.6%	1.45%	0.6%
ADBE	F	0.66%	1.55%	0.66%
AKAM	D	0.2%	0.16%	0.16%
AMAT	C	0.55%	1.15%	0.55%
ANET	A	0.43%	0.69%	0.43%
AVGO	B	1.51%	4.62%	1.51%
CDNS	D	0.33%	0.52%	0.33%
CSCO	A	0.58%	1.42%	0.58%
CTSH	B	0.29%	0.3%	0.29%
DBX	C	0.17%	0.1%	0.1%
DELL	C	0.32%	0.28%	0.28%
DLB	D	0.21%	0.09%	0.09%
FICO	C	0.37%	0.36%	0.36%
FTNT	A	0.26%	0.37%	0.26%
IBM	A	0.57%	1.32%	0.57%
INTU	F	0.57%	1.15%	0.57%
KLAC	B	0.45%	0.73%	0.45%
LRCX	D	0.4%	0.74%	0.4%
MANH	A	0.25%	0.17%	0.17%
MSFT	D	6.2%	14.02%	6.2%
NOW	B	0.55%	1.19%	0.55%
NVDA	B	5.59%	14.04%	5.59%
QLYS	F	0.17%	0.1%	0.1%
SNPS	F	0.36%	0.54%	0.36%
SWKS	F	0.26%	0.16%	0.16%
VRSN	C	0.25%	0.17%	0.17%
ZM	B	0.23%	0.18%	0.18%

FLRG Overweight 72 Positions Relative to FTEC

Symbol	Grade	Weight
GOOGL	B	3.83%
META	A	2.39%
LLY	D	2.02%
VST	A	1.63%
V	B	1.56%
MA	A	1.51%
PG	D	1.47%
HD	A	1.44%
JNJ	D	1.43%
ABBV	C	1.36%
LMT	A	1.24%
NFG	A	1.19%
PM	D	1.17%
MCD	A	1.09%
AFL	A	1.09%
ALSN	A	1.08%
MLI	B	1.07%
ADP	A	1.05%
FCNCA	D	1.04%
AMGN	D	1.0%
UTHR	C	0.98%
ACGL	A	0.98%
OHI	C	0.97%
AZO	D	0.96%
MO	D	0.96%
VRTX	D	0.96%
MTH	C	0.95%
ORLY	A	0.95%
MCK	F	0.95%
PHM	C	0.95%
VLO	F	0.95%
RGA	B	0.94%
LEN	C	0.94%
LNG	A	0.94%
TMHC	C	0.93%
BKNG	B	0.93%
NVR	C	0.93%
MTG	A	0.93%
CL	D	0.93%
REGN	D	0.93%
SYF	A	0.92%
VRSK	D	0.92%
RDN	D	0.91%
PSA	C	0.9%
PAYX	B	0.9%
CME	A	0.88%
CBOE	B	0.84%
ESNT	A	0.84%
KMB	D	0.82%
CHRD	F	0.82%
PCAR	D	0.82%
VICI	C	0.81%
CTRA	D	0.81%
GILD	A	0.8%
SNA	C	0.78%
EG	A	0.76%
STLD	C	0.75%
BCC	C	0.74%
CNC	F	0.73%
CF	A	0.7%
BLDR	C	0.7%
MOH	F	0.66%
NUE	D	0.64%
RPRX	D	0.64%
BRBR	A	0.58%
VZ	C	0.54%
T	B	0.5%
CMCSA	B	0.49%
EA	D	0.3%
FOXA	B	0.27%
NYT	C	0.24%
DOX	B	0.23%

FLRG Underweight 253 Positions Relative to FTEC

Symbol	Grade	Weight
ORCL	A	-1.81%
CRM	B	-1.79%
AMD	C	-1.74%
TXN	C	-1.25%
QCOM	D	-1.25%
MU	D	-0.8%
ADI	B	-0.78%
PANW	B	-0.73%
INTC	D	-0.7%
APH	D	-0.54%
PLTR	A	-0.53%
MSI	A	-0.52%
CRWD	D	-0.47%
NXPI	F	-0.45%
MRVL	C	-0.44%
ROP	D	-0.43%
ADSK	B	-0.43%
WDAY	D	-0.38%
TEL	D	-0.35%
MPWR	B	-0.34%
MCHP	F	-0.33%
IT	A	-0.31%
GLW	C	-0.29%
HPQ	B	-0.28%
SNOW	F	-0.27%
DDOG	B	-0.26%
ON	F	-0.26%
APP	A	-0.26%
CDW	D	-0.25%
MSTR	B	-0.25%
ANSS	D	-0.24%
KEYS	B	-0.24%
HPE	B	-0.23%
HUBS	D	-0.23%
FSLR	C	-0.23%
TEAM	D	-0.22%
WDC	C	-0.21%
NTAP	D	-0.21%
NET	D	-0.21%
TYL	D	-0.21%
GDDY	B	-0.2%
PTC	B	-0.2%
STX	C	-0.2%
MDB	D	-0.19%
TDY	A	-0.19%
TER	C	-0.19%
SMCI	F	-0.18%
ZBRA	B	-0.18%
ENTG	D	-0.17%
COHR	B	-0.16%
JBL	C	-0.16%
ENPH	F	-0.16%
DT	B	-0.16%
NTNX	C	-0.16%
TRMB	B	-0.16%
GWRE	A	-0.16%
GEN	A	-0.16%
DOCU	A	-0.15%
FFIV	B	-0.15%
FLEX	B	-0.15%
ZS	F	-0.15%
JNPR	C	-0.14%
PSTG	F	-0.14%
OLED	B	-0.13%
CIEN	A	-0.13%
ONTO	B	-0.13%
TWLO	B	-0.13%
EPAM	F	-0.13%
IOT	C	-0.13%
SMAR	A	-0.12%
LSCC	D	-0.12%
PI	A	-0.12%
ZETA	B	-0.12%
QRVO	F	-0.12%
SNX	C	-0.12%
OKTA	F	-0.12%
U	D	-0.12%
MKSI	F	-0.11%
PCOR	D	-0.11%
MTSI	B	-0.11%
SPSC	D	-0.11%
BMI	A	-0.11%
CGNX	F	-0.11%
ARW	C	-0.11%
FN	B	-0.11%
AUR	C	-0.11%
BSY	D	-0.11%
KD	D	-0.1%
MARA	F	-0.1%
APPF	C	-0.1%
QTWO	B	-0.1%
ACIW	A	-0.1%
BILL	D	-0.1%
LITE	A	-0.1%
BDC	A	-0.1%
ITRI	C	-0.1%
VRNS	B	-0.1%
PATH	D	-0.1%
NOVT	C	-0.1%
NSIT	B	-0.1%
BOX	C	-0.1%
ALTR	B	-0.1%
LFUS	C	-0.1%
S	C	-0.1%
GTLB	D	-0.1%
CVLT	B	-0.1%
RMBS	F	-0.09%
ESTC	F	-0.09%
BLKB	C	-0.09%
CFLT	F	-0.09%
AEIS	B	-0.09%
SANM	D	-0.09%
IDCC	A	-0.09%
WK	D	-0.09%
TENB	D	-0.09%
CRDO	B	-0.09%
DXC	C	-0.09%
CWAN	B	-0.09%
SLAB	D	-0.09%
ASGN	D	-0.09%
PLXS	A	-0.09%
AVT	B	-0.09%
HCP	A	-0.09%
VNT	F	-0.09%
CRUS	D	-0.09%
PEGA	B	-0.08%
SYNA	F	-0.08%
SITM	A	-0.08%
AMKR	F	-0.08%
FORM	D	-0.08%
ACLS	F	-0.08%
POWI	F	-0.08%
ALRM	F	-0.07%
AI	D	-0.07%
PLUS	B	-0.07%
AGYS	D	-0.07%
PRFT	A	-0.07%
FROG	F	-0.07%
NCNO	F	-0.07%
CXT	F	-0.07%
YOU	C	-0.07%
BL	D	-0.07%
PRGS	A	-0.07%
SQSP	A	-0.07%
ALGM	F	-0.07%
DIOD	F	-0.07%
TDC	D	-0.07%
SMTC	C	-0.07%
RIOT	F	-0.06%
CALX	C	-0.06%
RPD	D	-0.06%
RNG	F	-0.06%
OSIS	C	-0.06%
CLSK	F	-0.06%
DOCN	B	-0.06%
INTA	C	-0.06%
KLIC	D	-0.06%
DV	F	-0.06%
ROG	D	-0.05%
TTMI	D	-0.05%
VECO	F	-0.05%
VYX	C	-0.05%
BRZE	F	-0.05%
EXTR	D	-0.05%
FRSH	F	-0.05%
VERX	B	-0.05%
VIAV	C	-0.05%
MIR	B	-0.05%
FIVN	F	-0.05%
VSH	F	-0.05%
AMBA	C	-0.05%
IPGP	D	-0.05%
CTS	B	-0.04%
INFN	C	-0.04%
SPT	F	-0.04%
NSSC	F	-0.04%
NTCT	C	-0.04%
VRNT	F	-0.04%
PLAB	D	-0.04%
KN	B	-0.04%
HLIT	D	-0.04%
INFA	D	-0.04%
BHE	C	-0.04%
RAMP	F	-0.04%
RBRK	D	-0.04%
PD	F	-0.04%
UCTT	D	-0.04%
PAR	D	-0.04%
ALKT	D	-0.04%
DGII	B	-0.03%
ASAN	F	-0.03%
FSLY	D	-0.03%
ATEN	B	-0.03%
ICHR	D	-0.03%
APLD	C	-0.03%
SCSC	D	-0.03%
JAMF	F	-0.03%
SGH	D	-0.03%
APPN	C	-0.03%
ARLO	F	-0.03%
ENV	C	-0.03%
ZUO	F	-0.03%
MXL	D	-0.03%
WULF	C	-0.03%
COHU	F	-0.03%
XRX	D	-0.03%
WOLF	F	-0.03%
SEDG	F	-0.03%
SOUN	F	-0.03%
PWSC	C	-0.03%
BASE	F	-0.02%
DJCO	C	-0.02%
ETWO	F	-0.02%
SWI	B	-0.02%
HCKT	D	-0.02%
IBUY	A	-0.02%
INDI	F	-0.02%
YEXT	B	-0.02%
BLND	C	-0.02%
PRO	F	-0.02%
CIFR	C	-0.02%
BELFB	A	-0.02%
GDYN	B	-0.02%
AOSL	D	-0.02%
CXM	F	-0.02%
ACMR	D	-0.02%
NABL	F	-0.02%
CNXN	C	-0.02%
VSAT	F	-0.02%
PDFS	F	-0.02%
NNBR	C	-0.01%
RBBN	C	-0.01%
VPG	F	-0.01%
CRSR	D	-0.01%
LWLG	F	-0.01%
ENFN	C	-0.01%
MITK	F	-0.01%
BIGC	F	-0.01%
MEI	D	-0.01%
DMRC	D	-0.01%
WEAV	B	-0.01%
CLFD	D	-0.01%
SEMR	C	-0.01%
KE	F	-0.01%
MLNK	F	-0.01%
OLO	F	-0.01%
LASR	F	-0.01%
AAOI	C	-0.01%
TWKS	C	-0.01%
DAKT	D	-0.01%
OSPN	D	-0.01%
NTGR	C	-0.01%
CEVA	B	-0.01%

FTEC: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Semiconductor Equipment & Materials Communication Equipment Electronic Components Scientific & Technical Instruments Contract Manufacturers Data Storage Capital Markets Computer Systems Telecom Services Business Services Semiconductor Memory Computer Distribution Computer Hardware Consumer Electronics Diversified Industrials Electronics Distribution