FLRG vs. QLD ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to ProShares Ultra QQQ (QLD)

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

$33.48

Average Daily Volume

19,224

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

QLD

ProShares Ultra QQQ

QLD Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the NASDAQ-100 Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$98.32

Average Daily Volume

3,560,268

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	QLD
30 Days	1.12%	-1.08%
60 Days	3.25%	-2.22%
90 Days	5.83%	-1.77%
12 Months	30.58%	66.34%

28 Overlapping Holdings

Symbol	Grade	Weight in FLRG	Weight in QLD	Overlap
AAPL	C	6.58%	6.54%	6.54%
ADBE	F	0.66%	1.29%	0.66%
ADP	B	1.05%	0.56%	0.56%
AMAT	D	0.55%	0.76%	0.55%
AMGN	B	1.0%	0.88%	0.88%
AVGO	C	1.51%	3.63%	1.51%
BKNG	B	0.93%	0.64%	0.64%
CDNS	D	0.33%	0.36%	0.33%
CMCSA	D	0.49%	0.75%	0.49%
CSCO	B	0.58%	0.98%	0.58%
CTSH	C	0.29%	0.19%	0.19%
EA	D	0.3%	0.19%	0.19%
FTNT	B	0.26%	0.29%	0.26%
GILD	B	0.8%	0.5%	0.5%
GOOGL	D	3.83%	1.7%	1.7%
INTU	C	0.57%	0.89%	0.57%
KLAC	D	0.45%	0.5%	0.45%
LRCX	F	0.4%	0.5%	0.4%
META	A	2.39%	3.42%	2.39%
MSFT	C	6.2%	6.03%	6.03%
NVDA	D	5.59%	5.51%	5.51%
ORLY	D	0.95%	0.32%	0.32%
PAYX	C	0.9%	0.24%	0.24%
PCAR	D	0.82%	0.24%	0.24%
REGN	C	0.93%	0.61%	0.61%
SNPS	D	0.36%	0.37%	0.36%
VRSK	D	0.92%	0.19%	0.19%
VRTX	D	0.96%	0.61%	0.61%

FLRG Overweight 72 Positions Relative to QLD

Symbol	Grade	Weight
LLY	C	2.02%
VST	A	1.63%
V	C	1.56%
MA	B	1.51%
PG	C	1.47%
HD	A	1.44%
JNJ	C	1.43%
ABBV	C	1.36%
LMT	B	1.24%
NFG	B	1.19%
PM	C	1.17%
MCD	B	1.09%
AFL	C	1.09%
ALSN	B	1.08%
MLI	B	1.07%
FCNCA	D	1.04%
UTHR	C	0.98%
ACGL	B	0.98%
OHI	C	0.97%
AZO	D	0.96%
MO	C	0.96%
MTH	C	0.95%
MCK	F	0.95%
PHM	B	0.95%
VLO	F	0.95%
RGA	B	0.94%
LEN	C	0.94%
LNG	C	0.94%
TMHC	B	0.93%
NVR	B	0.93%
MTG	B	0.93%
CL	C	0.93%
SYF	C	0.92%
RDN	C	0.91%
PSA	B	0.9%
CME	C	0.88%
CBOE	C	0.84%
ESNT	B	0.84%
KMB	D	0.82%
CHRD	F	0.82%
VICI	C	0.81%
CTRA	D	0.81%
SNA	C	0.78%
EG	C	0.76%
STLD	D	0.75%
BCC	C	0.74%
CNC	C	0.73%
CF	C	0.7%
BLDR	C	0.7%
MOH	D	0.66%
NUE	F	0.64%
RPRX	D	0.64%
ACN	C	0.6%
BRBR	C	0.58%
IBM	A	0.57%
NOW	A	0.55%
VZ	B	0.54%
T	C	0.5%
ANET	A	0.43%
FICO	B	0.37%
DELL	C	0.32%
FOXA	B	0.27%
SWKS	F	0.26%
VRSN	D	0.25%
MANH	A	0.25%
NYT	C	0.24%
DOX	C	0.23%
ZM	C	0.23%
DLB	D	0.21%
AKAM	D	0.2%
DBX	D	0.17%
QLYS	F	0.17%

FLRG Underweight 73 Positions Relative to QLD

Symbol	Grade	Weight
AMZN	C	-3.68%
TSLA	C	-2.11%
COST	B	-1.98%
GOOG	D	-1.64%
NFLX	B	-1.45%
PEP	D	-1.2%
AMD	D	-1.2%
TMUS	C	-1.15%
LIN	B	-1.11%
QCOM	F	-0.92%
TXN	C	-0.91%
ISRG	C	-0.86%
HON	D	-0.66%
PANW	C	-0.55%
SBUX	C	-0.55%
ADI	C	-0.55%
MELI	B	-0.51%
MU	F	-0.5%
MDLZ	C	-0.49%
CTAS	C	-0.41%
INTC	F	-0.41%
PYPL	B	-0.36%
ASML	F	-0.36%
PDD	F	-0.32%
MRVL	C	-0.32%
MAR	C	-0.32%
CSX	D	-0.32%
CRWD	D	-0.29%
ROP	C	-0.29%
CEG	A	-0.29%
NXPI	D	-0.29%
ADSK	C	-0.28%
WDAY	D	-0.27%
AEP	C	-0.27%
MNST	D	-0.26%
DASH	B	-0.25%
KDP	B	-0.25%
ROST	C	-0.25%
ABNB	D	-0.25%
CPRT	D	-0.24%
AZN	D	-0.23%
CHTR	D	-0.23%
TTD	B	-0.22%
MCHP	D	-0.21%
KHC	C	-0.21%
FAST	C	-0.2%
GEHC	C	-0.2%
IDXX	D	-0.2%
ODFL	D	-0.2%
EXC	B	-0.19%
XEL	B	-0.18%
CCEP	B	-0.18%
DDOG	D	-0.17%
CSGP	D	-0.16%
BKR	C	-0.16%
FANG	D	-0.15%
ON	F	-0.15%
MRNA	F	-0.15%
LULU	D	-0.15%
ANSS	D	-0.14%
BIIB	F	-0.14%
CDW	D	-0.14%
SMCI	F	-0.13%
TTWO	D	-0.13%
TEAM	D	-0.13%
DXCM	F	-0.13%
ZS	F	-0.12%
MDB	D	-0.11%
GFS	F	-0.11%
ILMN	C	-0.1%
ARM	C	-0.08%
WBD	D	-0.08%
DLTR	F	-0.07%