FLRG vs. FVD ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to First Trust VL Dividend (FVD)

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

$35.25

Average Daily Volume

51,269

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FVD

First Trust VL Dividend

FVD Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Value Line(R) Dividend Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified equal-dollar weighted index comprised of U.S. exchange-listed securities of companies that pay above-average dividends and have potential for capital appreciation.

Grade (RS Rating)

Last Trade

$46.24

Average Daily Volume

487,998

Number of Holdings ^*

201

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	FVD
30 Days	3.55%	1.87%
60 Days	4.75%	2.34%
90 Days	5.81%	4.86%
12 Months	31.91%	22.35%

24 Overlapping Holdings

Symbol	Grade	Weight in FLRG	Weight in FVD	Overlap
ABBV	D	1.29%	0.42%	0.42%
ADP	B	1.17%	0.48%	0.48%
AMGN	D	0.91%	0.43%	0.43%
CL	D	0.82%	0.43%	0.43%
CMCSA	B	0.41%	0.5%	0.41%
CTSH	B	0.52%	0.49%	0.49%
DLB	B	0.45%	0.46%	0.45%
DOX	D	0.47%	0.44%	0.44%
DTM	B	0.9%	0.53%	0.53%
HD	A	1.62%	0.46%	0.46%
IBM	C	0.9%	0.42%	0.42%
JNJ	D	1.35%	0.43%	0.43%
KMB	D	0.75%	0.42%	0.42%
LMT	D	1.2%	0.41%	0.41%
MCD	D	1.28%	0.44%	0.44%
MO	A	0.82%	0.52%	0.52%
NFG	A	1.12%	0.45%	0.45%
PAYX	C	1.04%	0.48%	0.48%
PG	A	1.43%	0.46%	0.46%
PM	B	1.01%	0.5%	0.5%
PSA	D	1.04%	0.46%	0.46%
SNA	A	0.97%	0.51%	0.51%
T	A	0.41%	0.48%	0.41%
VZ	C	0.47%	0.43%	0.43%

FLRG Overweight 77 Positions Relative to FVD

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%
VST	B	1.76%
V	A	1.66%
MA	C	1.64%
PGR	A	1.25%
BKNG	A	1.15%
PCAR	B	1.03%
ALSN	B	1.02%
ACGL	D	1.02%
MLI	C	1.0%
VRSK	A	1.0%
BCC	B	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%
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%
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%
UTHR	C	0.7%
NFLX	A	0.69%
ANET	C	0.68%
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%
ZM	B	0.56%
NXPI	D	0.55%
DELL	C	0.54%
GDDY	A	0.53%
GEN	B	0.51%
DBX	B	0.5%
AKAM	D	0.5%
ACIW	B	0.5%
NTAP	C	0.49%
CRUS	D	0.47%
CVLT	B	0.47%
SWKS	F	0.43%
QLYS	C	0.42%
TMUS	B	0.31%
EA	A	0.17%
FOXA	B	0.14%

FLRG Underweight 177 Positions Relative to FVD

Symbol	Grade	Weight
GRMN	B	-0.59%
GATX	A	-0.54%
G	B	-0.54%
EMR	A	-0.54%
CBSH	A	-0.54%
GS	A	-0.53%
PINC	B	-0.53%
RHI	B	-0.53%
AIZ	A	-0.52%
INGR	B	-0.52%
MS	A	-0.52%
BMY	B	-0.52%
IDA	A	-0.52%
SEIC	B	-0.52%
XEL	A	-0.51%
ETR	B	-0.51%
CMI	A	-0.51%
IOSP	B	-0.51%
IEX	B	-0.51%
JCI	C	-0.51%
SRE	A	-0.5%
NSC	B	-0.5%
GILD	C	-0.5%
WSO	A	-0.5%
HLI	B	-0.5%
LANC	C	-0.5%
CVX	A	-0.5%
UVV	B	-0.5%
PKG	A	-0.5%
WERN	C	-0.5%
WTW	B	-0.5%
WDFC	B	-0.5%
JPM	A	-0.5%
ITW	B	-0.49%
BLK	C	-0.49%
WM	A	-0.49%
CPK	A	-0.49%
KR	B	-0.49%
NEU	C	-0.49%
SLGN	A	-0.49%
NDAQ	A	-0.49%
TROW	B	-0.49%
TXN	C	-0.49%
FAST	B	-0.49%
CSX	B	-0.49%
THG	A	-0.49%
DGX	A	-0.49%
BK	A	-0.48%
OTTR	C	-0.48%
DCI	B	-0.48%
CSCO	B	-0.48%
CHRW	C	-0.48%
TM	D	-0.48%
EVRG	A	-0.48%
SBUX	A	-0.48%
GNTX	C	-0.48%
NI	A	-0.48%
SCL	C	-0.48%
CLX	B	-0.48%
BKH	A	-0.48%
SWX	B	-0.48%
BTI	B	-0.48%
TJX	A	-0.48%
MSM	C	-0.48%
LECO	B	-0.48%
UNH	C	-0.48%
PNW	B	-0.48%
BR	A	-0.48%
HON	B	-0.48%
BRC	D	-0.47%
AGR	B	-0.47%
ALE	A	-0.47%
NWN	A	-0.47%
XOM	B	-0.47%
OGS	A	-0.47%
EXPD	D	-0.47%
UPS	C	-0.47%
STZ	D	-0.47%
SXT	B	-0.47%
NDSN	B	-0.47%
NJR	A	-0.47%
PPL	B	-0.47%
ATO	A	-0.47%
ALL	A	-0.47%
MSEX	B	-0.47%
AEE	A	-0.47%
TGT	F	-0.47%
YUM	B	-0.47%
EQIX	A	-0.47%
SIGI	C	-0.47%
UNP	C	-0.46%
CNI	D	-0.46%
MMM	D	-0.46%
INFY	B	-0.46%
ABT	B	-0.46%
CME	A	-0.46%
AWR	B	-0.46%
TRV	B	-0.46%
NWE	A	-0.46%
CAT	B	-0.46%
CALM	A	-0.46%
SR	A	-0.46%
POOL	C	-0.46%
K	A	-0.46%
MMC	B	-0.46%
TD	F	-0.46%
JJSF	B	-0.46%
LHX	C	-0.46%
SNX	C	-0.45%
PPG	F	-0.45%
TAK	F	-0.45%
MKC	D	-0.45%
SON	D	-0.45%
ACN	C	-0.45%
CB	C	-0.45%
PEG	A	-0.45%
WEC	A	-0.45%
HSY	F	-0.45%
FLO	D	-0.45%
LNT	A	-0.45%
DE	A	-0.45%
EIX	B	-0.45%
HRL	D	-0.45%
CNA	B	-0.45%
AFL	B	-0.45%
LOW	D	-0.45%
JNPR	F	-0.45%
SO	D	-0.44%
AWK	D	-0.44%
AEP	D	-0.44%
ADI	D	-0.44%
TSCO	D	-0.44%
CPB	D	-0.44%
CWT	D	-0.44%
GIS	D	-0.44%
EXC	C	-0.44%
PEP	F	-0.44%
BDX	F	-0.44%
RTX	C	-0.44%
NOC	D	-0.44%
MDT	D	-0.44%
OTIS	C	-0.44%
POR	C	-0.44%
BAH	F	-0.44%
CMS	C	-0.44%
WTRG	B	-0.44%
GD	F	-0.44%
APD	A	-0.44%
MMS	F	-0.43%
UL	D	-0.43%
DUK	C	-0.43%
SJM	D	-0.43%
MRK	F	-0.43%
REYN	D	-0.43%
AVY	D	-0.43%
AOS	F	-0.43%
NKE	D	-0.43%
ES	D	-0.43%
CAG	D	-0.43%
RIO	D	-0.43%
MDLZ	F	-0.43%
DTE	C	-0.43%
TSM	B	-0.43%
NVS	D	-0.42%
KHC	F	-0.42%
ED	D	-0.42%
PFE	D	-0.42%
KO	D	-0.42%
GSK	F	-0.42%
KDP	D	-0.42%
SJW	D	-0.42%
DEO	F	-0.41%
SNY	F	-0.41%
BAX	D	-0.4%
AZN	D	-0.39%
HMC	F	-0.39%
HII	D	-0.35%