FLRG vs. RECS ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to Columbia Research Enhanced Core ETF (RECS)

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

$35.08

Average Daily Volume

50,241

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

RECS

Columbia Research Enhanced Core ETF

RECS Description

The investment seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Research Enhanced U.S. Equity Index. The fund invests at least 80% of its assets in the securities of the index. The index is comprised of a subset of the companies within the Russell 1000® Index. The index was designed to reflect the performance of U.S. large- and mid-cap growth and value companies through the application of a rules-based methodology, which typically results in approximately 325-400 Index holdings, but this range can fluctuate because the index has no constraints on number of holdings.

Grade (RS Rating)

Last Trade

$35.71

Average Daily Volume

364,933

Number of Holdings ^*

360

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	RECS
30 Days	1.35%	2.64%
60 Days	6.00%	7.95%
90 Days	7.95%	9.27%
12 Months	32.80%	37.24%

60 Overlapping Holdings

Symbol	Grade	Weight in FLRG	Weight in RECS	Overlap
ABBV	D	1.29%	0.68%	0.68%
ADP	A	1.17%	0.52%	0.52%
ALSN	A	1.02%	0.04%	0.04%
AMGN	F	0.91%	0.33%	0.33%
ANET	C	0.68%	0.26%	0.26%
BKNG	A	1.15%	0.59%	0.59%
BRBR	A	0.77%	0.05%	0.05%
CF	B	0.91%	0.13%	0.13%
CI	D	0.83%	0.58%	0.58%
CL	F	0.82%	0.39%	0.39%
CNC	F	0.67%	0.22%	0.22%
CRBG	C	0.88%	0.04%	0.04%
CRUS	F	0.47%	0.01%	0.01%
CRWD	B	0.67%	0.17%	0.17%
CTRA	B	0.83%	0.05%	0.05%
DBX	B	0.5%	0.02%	0.02%
DELL	B	0.54%	0.09%	0.09%
DTM	B	0.9%	0.02%	0.02%
EA	A	0.17%	0.09%	0.09%
EG	D	0.9%	0.08%	0.08%
FOXA	A	0.14%	0.02%	0.02%
GEN	A	0.51%	0.04%	0.04%
GOOGL	B	3.46%	2.32%	2.32%
HRB	D	0.87%	0.03%	0.03%
JNJ	D	1.35%	2.51%	1.35%
KMB	F	0.75%	0.23%	0.23%
LEN	D	0.91%	0.01%	0.01%
LEN	D	0.91%	0.15%	0.15%
LMT	C	1.2%	0.51%	0.51%
LRCX	F	0.63%	0.25%	0.25%
MCK	A	0.6%	0.45%	0.45%
META	B	2.47%	2.96%	2.47%
MO	A	0.82%	0.47%	0.47%
MSFT	C	6.44%	7.61%	6.44%
MSI	B	0.64%	0.2%	0.2%
MTG	C	0.87%	0.03%	0.03%
NTAP	D	0.49%	0.06%	0.06%
NUE	C	0.82%	0.27%	0.27%
NVDA	B	6.08%	8.32%	6.08%
NVR	D	0.94%	0.09%	0.09%
PAYX	B	1.04%	0.2%	0.2%
PCAR	B	1.03%	0.24%	0.24%
PG	C	1.43%	1.98%	1.43%
PHM	D	0.91%	0.1%	0.1%
PM	C	1.01%	1.05%	1.01%
QCOM	F	0.81%	0.47%	0.47%
REGN	F	0.8%	0.17%	0.17%
RGA	A	0.83%	0.08%	0.08%
RPRX	F	0.63%	0.07%	0.07%
SNA	A	0.97%	0.08%	0.08%
STLD	B	0.81%	0.15%	0.15%
SWKS	F	0.43%	0.03%	0.03%
SYF	B	0.88%	0.12%	0.12%
T	A	0.41%	0.37%	0.37%
UTHR	B	0.7%	0.03%	0.03%
VLO	D	0.81%	0.12%	0.12%
VRTX	B	0.79%	0.23%	0.23%
VST	B	1.76%	0.31%	0.31%
WSM	F	0.86%	0.06%	0.06%
ZM	B	0.56%	0.05%	0.05%

FLRG Overweight 42 Positions Relative to RECS

Symbol	Grade	Weight
LLY	F	1.98%
AVGO	C	1.93%
V	A	1.66%
MA	B	1.64%
HD	B	1.62%
MCD	C	1.28%
PGR	A	1.25%
NFG	C	1.12%
PSA	C	1.04%
ACGL	D	1.02%
MLI	B	1.0%
VRSK	A	1.0%
BCC	B	0.97%
HIG	C	0.95%
ORLY	A	0.91%
IBM	C	0.9%
JXN	B	0.89%
VICI	D	0.88%
OHI	C	0.87%
AZO	C	0.87%
ESNT	D	0.87%
RDN	C	0.81%
AMAT	F	0.77%
NFLX	A	0.69%
CHRD	F	0.67%
KLAC	F	0.65%
MOH	F	0.65%
FICO	B	0.63%
APH	B	0.61%
CDNS	B	0.6%
NXPI	F	0.55%
GDDY	A	0.53%
CTSH	A	0.52%
AKAM	F	0.5%
ACIW	B	0.5%
VZ	C	0.47%
DOX	C	0.47%
CVLT	A	0.47%
DLB	C	0.45%
QLYS	B	0.42%
CMCSA	B	0.41%
TMUS	A	0.31%

FLRG Underweight 300 Positions Relative to RECS

Symbol	Grade	Weight
AAPL	C	-8.24%
AMZN	A	-5.1%
JPM	B	-3.49%
GOOG	B	-1.97%
XOM	B	-1.59%
BAC	A	-1.55%
TMO	F	-1.38%
WFC	A	-1.24%
CAT	C	-0.82%
CVX	B	-0.79%
MDT	D	-0.74%
BMY	B	-0.73%
CRM	B	-0.7%
C	A	-0.66%
UBER	F	-0.65%
FI	A	-0.63%
UNP	C	-0.62%
MMC	C	-0.6%
CSCO	A	-0.57%
AMT	F	-0.53%
ADBE	C	-0.52%
NOW	A	-0.48%
TJX	B	-0.47%
EQIX	B	-0.46%
HCA	D	-0.46%
BDX	D	-0.45%
CME	A	-0.45%
PYPL	A	-0.43%
UPS	C	-0.43%
DIS	B	-0.42%
INTU	A	-0.42%
WM	A	-0.38%
TT	A	-0.38%
PH	A	-0.37%
TGT	C	-0.35%
PCG	A	-0.33%
CTAS	A	-0.32%
MMM	C	-0.31%
SPG	B	-0.3%
BK	B	-0.3%
CSX	B	-0.29%
EXC	C	-0.29%
XEL	A	-0.28%
PANW	A	-0.27%
FDX	B	-0.27%
ALL	A	-0.26%
MET	C	-0.25%
COR	A	-0.25%
EIX	C	-0.24%
PRU	B	-0.24%
PLTR	B	-0.23%
PPG	F	-0.23%
ETR	B	-0.23%
EOG	A	-0.21%
HLT	A	-0.21%
CMI	A	-0.2%
GILD	C	-0.2%
MTD	F	-0.19%
KR	A	-0.19%
GIS	F	-0.19%
DTE	D	-0.19%
AEE	A	-0.18%
OTIS	C	-0.18%
CAH	A	-0.18%
DHI	F	-0.18%
ROST	F	-0.17%
VRT	B	-0.17%
WTW	A	-0.17%
LYB	F	-0.17%
RCL	A	-0.17%
CSGP	D	-0.16%
FITB	A	-0.16%
DAL	A	-0.16%
PKG	B	-0.16%
GPN	B	-0.15%
WAB	A	-0.15%
RJF	A	-0.15%
KHC	F	-0.15%
PSX	D	-0.15%
STT	B	-0.15%
MPC	D	-0.15%
LULU	C	-0.14%
ZBH	C	-0.14%
HOLX	D	-0.13%
RPM	A	-0.13%
FCNCA	B	-0.13%
SBAC	D	-0.13%
SPOT	A	-0.13%
RS	B	-0.13%
TROW	B	-0.13%
ADM	F	-0.13%
BAX	F	-0.12%
NI	A	-0.12%
CBOE	D	-0.12%
WY	F	-0.12%
FTNT	B	-0.12%
TTD	B	-0.12%
INVH	D	-0.11%
APP	B	-0.11%
CE	F	-0.11%
BR	A	-0.11%
K	A	-0.11%
FTV	D	-0.11%
LDOS	B	-0.11%
UAL	B	-0.11%
AVTR	F	-0.1%
EME	B	-0.1%
THC	B	-0.1%
OXY	D	-0.1%
FANG	D	-0.1%
EVRG	A	-0.1%
ARE	F	-0.1%
CVNA	B	-0.09%
VTRS	B	-0.09%
HPQ	B	-0.09%
CSL	B	-0.09%
MPWR	F	-0.09%
DECK	B	-0.09%
DDOG	B	-0.09%
BLDR	D	-0.09%
MAS	D	-0.08%
CCL	A	-0.08%
EQH	B	-0.08%
TEAM	B	-0.08%
AES	F	-0.08%
LVS	C	-0.07%
WPC	F	-0.07%
OC	A	-0.07%
SSNC	C	-0.07%
JLL	C	-0.07%
HPE	B	-0.07%
SOLV	D	-0.07%
CAG	F	-0.07%
GLPI	D	-0.07%
MOS	D	-0.07%
EWBC	B	-0.07%
EXPE	B	-0.07%
EXP	B	-0.07%
L	A	-0.07%
EXPD	D	-0.07%
CW	B	-0.06%
CACI	C	-0.06%
SF	B	-0.06%
BURL	C	-0.06%
FIX	B	-0.06%
BG	D	-0.06%
JEF	A	-0.06%
ALNY	D	-0.06%
AMH	C	-0.06%
ACM	B	-0.06%
HST	C	-0.06%
SWK	F	-0.06%
UNM	A	-0.06%
QGEN	D	-0.06%
INGR	B	-0.05%
BRX	A	-0.05%
MRO	B	-0.05%
PINS	F	-0.05%
BIIB	F	-0.05%
CLF	D	-0.05%
LECO	C	-0.05%
MEDP	C	-0.05%
GL	B	-0.05%
TAP	B	-0.05%
FHN	A	-0.05%
LPX	B	-0.05%
ITT	A	-0.05%
AIZ	A	-0.05%
TOL	C	-0.05%
WYNN	F	-0.04%
STAG	D	-0.04%
APG	B	-0.04%
ARMK	B	-0.04%
CNM	D	-0.04%
NTNX	B	-0.04%
WCC	B	-0.04%
UGI	D	-0.04%
MANH	C	-0.04%
VRSN	C	-0.04%
OLN	D	-0.04%
ACI	C	-0.04%
PSTG	D	-0.04%
XP	F	-0.04%
WTFC	B	-0.04%
SON	D	-0.04%
TPR	B	-0.04%
DCI	A	-0.04%
ZION	B	-0.04%
AOS	F	-0.04%
ELAN	D	-0.04%
AYI	B	-0.04%
DKS	F	-0.04%
NNN	F	-0.04%
SEIC	A	-0.04%
BLD	F	-0.04%
ZS	B	-0.04%
JAZZ	B	-0.04%
GNRC	B	-0.04%
TXRH	A	-0.04%
NWSA	B	-0.03%
SLM	B	-0.03%
OZK	B	-0.03%
NEU	C	-0.03%
NTRA	B	-0.03%
MHK	D	-0.03%
AMG	B	-0.03%
OGN	F	-0.03%
RL	B	-0.03%
KEX	B	-0.03%
JHG	B	-0.03%
R	A	-0.03%
SKX	F	-0.03%
SMG	D	-0.03%
ESAB	B	-0.03%
G	B	-0.03%
RHI	B	-0.03%
LNC	B	-0.03%
MGM	D	-0.03%
XRAY	F	-0.03%
BEN	C	-0.03%
LNW	F	-0.03%
FLS	B	-0.03%
MIDD	C	-0.03%
JNPR	D	-0.03%
COLB	B	-0.03%
FFIV	A	-0.03%
MRNA	F	-0.03%
ASH	F	-0.03%
COKE	C	-0.03%
SAIC	C	-0.03%
FTI	B	-0.03%
WLK	F	-0.03%
AXS	A	-0.03%
DOCU	B	-0.03%
CIVI	F	-0.02%
M	D	-0.02%
GTLB	B	-0.02%
AZTA	F	-0.02%
SRPT	F	-0.02%
PK	B	-0.02%
GAP	B	-0.02%
MSM	B	-0.02%
QRVO	F	-0.02%
WFRD	D	-0.02%
CWEN	D	-0.02%
EPR	D	-0.02%
GTES	B	-0.02%
LSCC	D	-0.02%
DINO	D	-0.02%
SMAR	A	-0.02%
EXEL	B	-0.02%
HIW	D	-0.02%
NYT	C	-0.02%
WU	F	-0.02%
LEA	F	-0.02%
THO	B	-0.02%
ROKU	C	-0.02%
PVH	C	-0.02%
MTCH	F	-0.02%
H	B	-0.02%
CIEN	B	-0.02%
PRGO	C	-0.02%
EEFT	C	-0.02%
SNX	C	-0.02%
INCY	B	-0.02%
BMRN	F	-0.02%
WH	A	-0.02%
NBIX	C	-0.02%
CROX	F	-0.02%
EXAS	F	-0.02%
KRC	C	-0.02%
MSA	D	-0.02%
RYN	F	-0.02%
CNA	C	-0.01%
APLS	F	-0.01%
ALGM	F	-0.01%
CRI	D	-0.01%
CWEN	D	-0.01%
ADTN	B	-0.01%
REYN	D	-0.01%
AMKR	F	-0.01%
NWS	B	-0.01%
RARE	D	-0.01%
PEGA	A	-0.01%
ROIV	C	-0.01%
COLM	B	-0.01%
SAM	B	-0.01%
IONS	F	-0.01%
PPC	B	-0.01%
TNL	A	-0.01%
VKTX	D	-0.01%
FOX	A	-0.01%
PATH	C	-0.01%
MAN	F	-0.01%
PINC	A	-0.01%
VIRT	B	-0.01%
BILL	A	-0.01%
PLTK	B	-0.0%
SEB	D	-0.0%
DDS	C	-0.0%