FLRG vs. JOET ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to Virtus Terranova U.S. Quality Momentum ETF (JOET)

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

$35.29

Average Daily Volume

51,530

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

JOET

Virtus Terranova U.S. Quality Momentum ETF

JOET Description

The investment seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Terranova U.S. Quality Momentum Index. Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the index. The index is designed to track the performance of quality large-capitalization companies listed in the United States. The index includes common stock and ADRs. The fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. securities.

Grade (RS Rating)

Last Trade

$40.10

Average Daily Volume

28,193

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	JOET
30 Days	2.65%	6.28%
60 Days	5.30%	9.25%
90 Days	5.81%	11.89%
12 Months	31.91%	37.40%

22 Overlapping Holdings

Symbol	Grade	Weight in FLRG	Weight in JOET	Overlap
ACGL	C	1.02%	0.72%	0.72%
AMAT	F	0.77%	0.76%	0.76%
ANET	C	0.68%	0.75%	0.68%
APH	A	0.61%	0.8%	0.61%
AVGO	D	1.93%	0.75%	0.75%
CRWD	B	0.67%	0.87%	0.67%
HIG	B	0.95%	0.78%	0.78%
KLAC	F	0.65%	0.73%	0.65%
LEN	D	0.91%	0.74%	0.74%
LLY	F	1.98%	0.67%	0.67%
MA	B	1.64%	0.78%	0.78%
META	D	2.47%	0.76%	0.76%
MSFT	D	6.44%	0.76%	0.76%
NFLX	A	0.69%	0.85%	0.69%
NVDA	B	6.08%	0.79%	0.79%
NVR	D	0.94%	0.76%	0.76%
PCAR	B	1.03%	0.82%	0.82%
PGR	A	1.25%	0.8%	0.8%
PHM	D	0.91%	0.73%	0.73%
PSA	C	1.04%	0.75%	0.75%
QCOM	F	0.81%	0.72%	0.72%
SYF	B	0.88%	0.87%	0.87%

FLRG Overweight 79 Positions Relative to JOET

Symbol	Grade	Weight
GOOGL	C	3.46%
VST	A	1.76%
V	A	1.66%
HD	B	1.62%
PG	C	1.43%
JNJ	C	1.35%
ABBV	F	1.29%
MCD	D	1.28%
LMT	D	1.2%
ADP	A	1.17%
BKNG	A	1.15%
NFG	A	1.12%
PAYX	B	1.04%
ALSN	B	1.02%
PM	B	1.01%
MLI	B	1.0%
VRSK	A	1.0%
BCC	B	0.97%
SNA	A	0.97%
CF	A	0.91%
ORLY	B	0.91%
AMGN	F	0.91%
IBM	C	0.9%
DTM	A	0.9%
EG	C	0.9%
JXN	C	0.89%
CRBG	B	0.88%
VICI	C	0.88%
OHI	C	0.87%
MTG	C	0.87%
AZO	C	0.87%
HRB	D	0.87%
ESNT	F	0.87%
WSM	C	0.86%
CI	D	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	D	0.81%
VLO	C	0.81%
REGN	F	0.8%
VRTX	D	0.79%
BRBR	A	0.77%
KMB	C	0.75%
UTHR	C	0.7%
CNC	D	0.67%
CHRD	D	0.67%
MOH	F	0.65%
MSI	B	0.64%
FICO	B	0.63%
RPRX	D	0.63%
LRCX	F	0.63%
CDNS	B	0.6%
MCK	A	0.6%
ZM	C	0.56%
NXPI	D	0.55%
DELL	B	0.54%
GDDY	A	0.53%
CTSH	B	0.52%
GEN	B	0.51%
DBX	B	0.5%
AKAM	D	0.5%
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	B	0.42%
T	A	0.41%
CMCSA	B	0.41%
TMUS	B	0.31%
EA	A	0.17%
FOXA	A	0.14%

FLRG Underweight 102 Positions Relative to JOET

Symbol	Grade	Weight
APP	B	-1.3%
AXON	A	-1.03%
PLTR	B	-1.0%
COIN	C	-0.98%
GRMN	B	-0.97%
SPOT	B	-0.94%
UAL	A	-0.91%
FTNT	C	-0.89%
DAL	B	-0.89%
IBKR	A	-0.89%
DOCU	B	-0.88%
RCL	A	-0.87%
CRM	B	-0.86%
APO	B	-0.86%
DFS	B	-0.86%
HEI	A	-0.85%
FCNCA	A	-0.85%
PH	A	-0.85%
PODD	C	-0.85%
SQ	A	-0.85%
AMZN	C	-0.85%
NOW	A	-0.84%
HWM	A	-0.84%
HBAN	A	-0.84%
CMI	A	-0.83%
PANW	B	-0.83%
CFG	B	-0.83%
RF	A	-0.83%
GM	C	-0.83%
AMP	A	-0.83%
VMC	B	-0.83%
SYK	B	-0.82%
MTB	A	-0.82%
RJF	A	-0.82%
ORCL	A	-0.82%
ROL	B	-0.81%
IR	B	-0.81%
AXP	A	-0.81%
BR	A	-0.81%
VRT	B	-0.81%
GWW	B	-0.81%
ADSK	A	-0.81%
FAST	B	-0.81%
JPM	A	-0.81%
FITB	B	-0.81%
ETN	A	-0.8%
SPGI	C	-0.8%
DOV	A	-0.8%
ISRG	A	-0.8%
TTD	B	-0.8%
BRO	B	-0.8%
CINF	A	-0.79%
ALL	A	-0.79%
COST	A	-0.79%
DDOG	A	-0.79%
NTRS	A	-0.79%
CTAS	B	-0.79%
IT	C	-0.79%
TT	A	-0.79%
DECK	A	-0.79%
RSG	A	-0.79%
WMT	A	-0.78%
WRB	A	-0.78%
PFG	D	-0.78%
PYPL	B	-0.78%
TSCO	D	-0.78%
URI	C	-0.78%
WELL	A	-0.78%
WAB	B	-0.78%
BSX	A	-0.78%
PWR	A	-0.78%
BK	A	-0.77%
TRV	B	-0.77%
MLM	C	-0.77%
BRK.A	B	-0.77%
AFL	B	-0.76%
ACN	B	-0.76%
NU	C	-0.75%
CMG	B	-0.75%
CB	C	-0.75%
CARR	C	-0.75%
CAT	B	-0.75%
ROST	D	-0.75%
EXR	C	-0.74%
CPNG	D	-0.74%
HUBB	B	-0.74%
TW	A	-0.74%
GD	D	-0.73%
FSLR	F	-0.72%
XYL	D	-0.71%
RMD	C	-0.71%
UBER	F	-0.7%
ADI	D	-0.7%
DHI	F	-0.69%
MELI	C	-0.69%
O	C	-0.69%
IRM	C	-0.67%
AMD	F	-0.66%
CHKP	C	-0.65%
CEG	C	-0.64%
MPWR	F	-0.49%
SMCI	F	-0.29%