FLRG vs. IQSU ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to IQ Candriam ESG US Equity ETF (IQSU)

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

IQSU

IQ Candriam ESG US Equity ETF

IQSU Description

The investment seeks investment results that track (before fees and expenses) the price and yield performance of its underlying index, the IQ Candriam ESG US Equity Index. The Advisor employs a passive management - or indexing - investment approach designed to track the performance of the underlying index. The underlying index is designed to deliver exposure to equity securities of companies meeting environmental, social and corporate governance (ESG) criteria developed by Candriam and weighted using a market capitalization weighting methodology.

Grade (RS Rating)

Last Trade

$49.60

Average Daily Volume

10,845

Number of Holdings ^*

281

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	IQSU
30 Days	3.91%	4.52%
60 Days	5.11%	4.59%
90 Days	6.17%	6.02%
12 Months	32.36%	24.96%

42 Overlapping Holdings

Symbol	Grade	Weight in FLRG	Weight in IQSU	Overlap
ACGL	D	1.02%	0.13%	0.13%
ADP	B	1.17%	0.48%	0.48%
AKAM	D	0.5%	0.05%	0.05%
AMAT	F	0.77%	0.55%	0.55%
AZO	C	0.87%	0.2%	0.2%
CDNS	B	0.6%	0.32%	0.32%
CI	F	0.83%	0.36%	0.36%
CL	D	0.82%	0.31%	0.31%
CMCSA	B	0.41%	0.65%	0.41%
CRWD	B	0.67%	0.31%	0.31%
CTSH	B	0.52%	0.15%	0.15%
DELL	C	0.54%	0.14%	0.14%
DOX	D	0.47%	0.04%	0.04%
EA	A	0.17%	0.16%	0.16%
EG	C	0.9%	0.06%	0.06%
FICO	B	0.63%	0.22%	0.22%
GEN	B	0.51%	0.06%	0.06%
GOOGL	C	3.46%	2.84%	2.84%
HD	A	1.62%	1.56%	1.56%
HIG	B	0.95%	0.14%	0.14%
IBM	C	0.9%	0.77%	0.77%
KLAC	D	0.65%	0.33%	0.33%
KMB	D	0.75%	0.18%	0.18%
LRCX	F	0.63%	0.36%	0.36%
MA	C	1.64%	1.66%	1.64%
MSFT	F	6.44%	9.56%	6.44%
MSI	B	0.64%	0.32%	0.32%
NTAP	C	0.49%	0.1%	0.1%
NUE	C	0.82%	0.14%	0.14%
NVR	D	0.94%	0.11%	0.11%
PAYX	C	1.04%	0.18%	0.18%
PG	A	1.43%	1.58%	1.43%
PGR	A	1.25%	0.59%	0.59%
PSA	D	1.04%	0.21%	0.21%
QCOM	F	0.81%	0.67%	0.67%
RPRX	D	0.63%	0.04%	0.04%
SWKS	F	0.43%	0.05%	0.05%
SYF	B	0.88%	0.1%	0.1%
V	A	1.66%	1.91%	1.66%
VLO	C	0.81%	0.18%	0.18%
VRSK	A	1.0%	0.16%	0.16%
VRTX	F	0.79%	0.46%	0.46%

FLRG Overweight 59 Positions Relative to IQSU

Symbol	Grade	Weight
NVDA	C	6.08%
META	D	2.47%
LLY	F	1.98%
AVGO	D	1.93%
VST	B	1.76%
JNJ	D	1.35%
ABBV	D	1.29%
MCD	D	1.28%
LMT	D	1.2%
BKNG	A	1.15%
NFG	A	1.12%
PCAR	B	1.03%
ALSN	B	1.02%
PM	B	1.01%
MLI	C	1.0%
BCC	B	0.97%
SNA	A	0.97%
CF	B	0.91%
LEN	D	0.91%
ORLY	B	0.91%
PHM	D	0.91%
AMGN	D	0.91%
DTM	B	0.9%
JXN	C	0.89%
CRBG	B	0.88%
VICI	C	0.88%
OHI	C	0.87%
MTG	C	0.87%
HRB	D	0.87%
ESNT	D	0.87%
WSM	B	0.86%
RGA	A	0.83%
CTRA	B	0.83%
MO	A	0.82%
STLD	B	0.81%
RDN	C	0.81%
REGN	F	0.8%
BRBR	A	0.77%
UTHR	C	0.7%
NFLX	A	0.69%
ANET	C	0.68%
CNC	D	0.67%
CHRD	D	0.67%
MOH	F	0.65%
APH	A	0.61%
MCK	B	0.6%
ZM	B	0.56%
NXPI	D	0.55%
GDDY	A	0.53%
DBX	B	0.5%
ACIW	B	0.5%
CRUS	D	0.47%
VZ	C	0.47%
CVLT	B	0.47%
DLB	B	0.45%
QLYS	C	0.42%
T	A	0.41%
TMUS	B	0.31%
FOXA	B	0.14%

FLRG Underweight 239 Positions Relative to IQSU

Symbol	Grade	Weight
AAPL	C	-9.59%
TSLA	B	-3.69%
GOOG	C	-2.55%
UNH	C	-2.17%
BAC	A	-1.23%
CRM	B	-1.2%
ACN	C	-0.94%
CSCO	B	-0.91%
ADBE	C	-0.87%
PEP	F	-0.86%
AMD	F	-0.86%
LIN	D	-0.85%
NOW	A	-0.82%
DIS	B	-0.82%
GE	D	-0.76%
INTU	C	-0.7%
TXN	C	-0.7%
AXP	A	-0.65%
MS	A	-0.65%
SPGI	C	-0.62%
NEE	D	-0.61%
LOW	D	-0.59%
TJX	A	-0.54%
BX	A	-0.51%
C	A	-0.5%
FI	A	-0.5%
PANW	C	-0.49%
BMY	B	-0.46%
MU	D	-0.43%
MMC	B	-0.43%
GILD	C	-0.43%
SBUX	A	-0.43%
ADI	D	-0.42%
PLD	D	-0.41%
KKR	A	-0.4%
INTC	D	-0.4%
UPS	C	-0.38%
AMT	D	-0.37%
TT	A	-0.37%
ELV	F	-0.37%
MELI	D	-0.36%
SHW	A	-0.35%
PH	A	-0.35%
ICE	C	-0.35%
PYPL	B	-0.35%
WM	A	-0.35%
NKE	D	-0.35%
EQIX	A	-0.34%
MDLZ	F	-0.34%
CMG	B	-0.32%
ITW	B	-0.32%
ZTS	D	-0.32%
PNC	B	-0.32%
CME	A	-0.32%
WELL	A	-0.32%
SNPS	B	-0.32%
MCO	B	-0.3%
CTAS	B	-0.3%
MRVL	B	-0.3%
EMR	A	-0.29%
USB	A	-0.29%
MMM	D	-0.28%
WMB	A	-0.28%
APD	A	-0.28%
MAR	B	-0.27%
COF	B	-0.27%
FDX	B	-0.26%
OKE	A	-0.26%
APO	B	-0.26%
ADSK	A	-0.26%
AJG	B	-0.25%
DLR	B	-0.24%
ECL	D	-0.24%
TFC	A	-0.24%
HLT	A	-0.24%
SLB	C	-0.24%
FCX	D	-0.24%
ABNB	C	-0.23%
ROP	B	-0.23%
SRE	A	-0.23%
SPG	B	-0.23%
BK	A	-0.23%
TRV	B	-0.23%
CARR	D	-0.23%
KMI	A	-0.22%
DASH	A	-0.22%
JCI	C	-0.22%
AMP	A	-0.22%
MPC	D	-0.22%
TGT	F	-0.22%
AFL	B	-0.22%
FTNT	C	-0.22%
WDAY	B	-0.21%
URI	B	-0.21%
LNG	B	-0.2%
ALL	A	-0.2%
RCL	A	-0.2%
PWR	A	-0.19%
FIS	C	-0.19%
MET	A	-0.19%
AIG	B	-0.19%
NEM	D	-0.19%
BKR	B	-0.18%
PCG	A	-0.18%
CCI	D	-0.18%
PEG	A	-0.18%
MSCI	C	-0.18%
PRU	A	-0.18%
KVUE	A	-0.18%
FAST	B	-0.18%
GWW	B	-0.18%
DFS	B	-0.17%
SNOW	C	-0.16%
CBRE	B	-0.16%
OTIS	C	-0.16%
IR	B	-0.16%
EW	C	-0.16%
CHTR	C	-0.15%
YUM	B	-0.15%
SYY	B	-0.15%
EXC	C	-0.15%
KR	B	-0.15%
TEAM	A	-0.15%
IT	C	-0.15%
IDXX	F	-0.14%
EXR	D	-0.14%
WAB	B	-0.14%
RMD	C	-0.14%
MTB	A	-0.14%
HUM	C	-0.14%
MLM	B	-0.14%
HPQ	B	-0.14%
GIS	D	-0.14%
GLW	B	-0.14%
VMC	B	-0.14%
WTW	B	-0.13%
ROK	B	-0.13%
AVB	B	-0.13%
IRM	D	-0.13%
HUBS	A	-0.13%
ED	D	-0.13%
KDP	D	-0.13%
LULU	C	-0.13%
GPN	B	-0.12%
TSCO	D	-0.12%
DXCM	D	-0.12%
ANSS	B	-0.12%
NDAQ	A	-0.12%
TTWO	A	-0.12%
EFX	F	-0.12%
RJF	A	-0.12%
EBAY	D	-0.12%
ALNY	D	-0.12%
DD	D	-0.12%
VEEV	C	-0.12%
FITB	A	-0.12%
AWK	D	-0.11%
CHD	B	-0.11%
DOV	A	-0.11%
HPE	B	-0.11%
HAL	C	-0.11%
PPG	F	-0.11%
KEYS	A	-0.11%
ON	D	-0.11%
CAH	B	-0.11%
XYL	D	-0.11%
KHC	F	-0.1%
MTD	D	-0.1%
HBAN	A	-0.1%
CPAY	A	-0.1%
EQR	B	-0.1%
HSY	F	-0.1%
VTR	C	-0.1%
BR	A	-0.1%
ADM	D	-0.1%
MPWR	F	-0.1%
FTV	C	-0.1%
CBOE	B	-0.09%
NTRS	A	-0.09%
WBD	C	-0.09%
WY	D	-0.09%
BIIB	F	-0.09%
ZBH	C	-0.09%
IFF	D	-0.09%
WST	C	-0.09%
SBAC	D	-0.09%
CDW	F	-0.09%
RF	A	-0.09%
INVH	D	-0.08%
MKC	D	-0.08%
OMC	C	-0.08%
PFG	D	-0.08%
MDB	C	-0.08%
ZBRA	B	-0.08%
LH	C	-0.08%
WDC	D	-0.08%
CLX	B	-0.08%
CFG	B	-0.08%
K	A	-0.08%
STE	F	-0.08%
LYB	F	-0.08%
WAT	B	-0.08%
ES	D	-0.08%
PKG	A	-0.08%
EXPD	D	-0.07%
MAS	D	-0.07%
ULTA	F	-0.07%
BBY	D	-0.07%
PINS	D	-0.07%
TRMB	B	-0.07%
KEY	B	-0.07%
DGX	A	-0.07%
HOLX	D	-0.07%
MAA	B	-0.07%
ZS	C	-0.07%
TRU	D	-0.07%
BALL	D	-0.07%
STX	D	-0.07%
ESS	B	-0.07%
APTV	D	-0.06%
JBHT	C	-0.06%
DOC	D	-0.06%
VRSN	F	-0.06%
SSNC	B	-0.06%
DG	F	-0.06%
TER	D	-0.06%
ARE	D	-0.06%
BMRN	D	-0.05%
OKTA	C	-0.05%
DLTR	F	-0.05%
CAG	D	-0.05%
AVTR	F	-0.05%
INCY	C	-0.05%
EL	F	-0.05%
SNAP	C	-0.04%
CPB	D	-0.03%
ENPH	F	-0.03%
HRL	D	-0.03%
AGR	B	-0.01%