FLRG vs. SPLV ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV)

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

SPLV

PowerShares S&P 500 Low Volatility Portfolio ETF

SPLV Description

The PowerShares S&P 500 Low Volatility Portfolio (Fund) is based on the S&P 500 Low Volatility Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$72.91

Average Daily Volume

1,696,587

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	SPLV
30 Days	1.35%	1.41%
60 Days	6.00%	3.31%
90 Days	7.95%	7.08%
12 Months	32.80%	23.26%

19 Overlapping Holdings

Symbol	Grade	Weight in FLRG	Weight in SPLV	Overlap
ABBV	D	1.29%	0.92%	0.92%
ADP	A	1.17%	1.07%	1.07%
CL	F	0.82%	1.0%	0.82%
EA	A	0.17%	0.97%	0.17%
HIG	C	0.95%	1.0%	0.95%
JNJ	D	1.35%	1.02%	1.02%
KMB	F	0.75%	0.87%	0.75%
LMT	C	1.2%	0.93%	0.93%
MA	B	1.64%	1.18%	1.18%
MCD	C	1.28%	1.07%	1.07%
MCK	A	0.6%	0.88%	0.6%
MO	A	0.82%	0.93%	0.82%
MSI	B	0.64%	1.08%	0.64%
PAYX	B	1.04%	1.0%	1.0%
PG	C	1.43%	1.08%	1.08%
PM	C	1.01%	1.04%	1.01%
REGN	F	0.8%	0.71%	0.71%
TMUS	A	0.31%	1.43%	0.31%
V	A	1.66%	1.32%	1.32%

FLRG Overweight 82 Positions Relative to SPLV

Symbol	Grade	Weight
MSFT	C	6.44%
NVDA	B	6.08%
GOOGL	B	3.46%
META	B	2.47%
LLY	F	1.98%
AVGO	C	1.93%
VST	B	1.76%
HD	B	1.62%
PGR	A	1.25%
BKNG	A	1.15%
NFG	C	1.12%
PSA	C	1.04%
PCAR	B	1.03%
ALSN	A	1.02%
ACGL	D	1.02%
MLI	B	1.0%
VRSK	A	1.0%
BCC	B	0.97%
SNA	A	0.97%
NVR	D	0.94%
CF	B	0.91%
LEN	D	0.91%
ORLY	A	0.91%
PHM	D	0.91%
AMGN	F	0.91%
IBM	C	0.9%
DTM	B	0.9%
EG	D	0.9%
JXN	B	0.89%
CRBG	C	0.88%
VICI	D	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	F	0.86%
CI	D	0.83%
RGA	A	0.83%
CTRA	B	0.83%
NUE	C	0.82%
STLD	B	0.81%
RDN	C	0.81%
VLO	D	0.81%
QCOM	F	0.81%
VRTX	B	0.79%
AMAT	F	0.77%
BRBR	A	0.77%
UTHR	B	0.7%
NFLX	A	0.69%
ANET	C	0.68%
CNC	F	0.67%
CRWD	B	0.67%
CHRD	F	0.67%
KLAC	F	0.65%
MOH	F	0.65%
FICO	B	0.63%
RPRX	F	0.63%
LRCX	F	0.63%
APH	B	0.61%
CDNS	B	0.6%
ZM	B	0.56%
NXPI	F	0.55%
DELL	B	0.54%
GDDY	A	0.53%
CTSH	A	0.52%
GEN	A	0.51%
DBX	B	0.5%
AKAM	F	0.5%
ACIW	B	0.5%
NTAP	D	0.49%
CRUS	F	0.47%
VZ	C	0.47%
DOX	C	0.47%
CVLT	A	0.47%
DLB	C	0.45%
SWKS	F	0.43%
QLYS	B	0.42%
T	A	0.41%
CMCSA	B	0.41%
FOXA	A	0.14%

FLRG Underweight 81 Positions Relative to SPLV

Symbol	Grade	Weight
BRK.A	B	-1.39%
FI	A	-1.28%
KMI	B	-1.24%
AMP	A	-1.23%
RSG	A	-1.21%
L	A	-1.21%
WMT	A	-1.19%
WMB	B	-1.19%
KO	F	-1.15%
ITW	A	-1.14%
MMC	C	-1.14%
BK	B	-1.14%
HON	B	-1.12%
CSCO	A	-1.12%
TJX	B	-1.1%
ATO	A	-1.09%
ROP	A	-1.09%
OKE	A	-1.09%
LIN	D	-1.08%
AME	A	-1.08%
JPM	B	-1.08%
ETR	B	-1.08%
IEX	B	-1.07%
PKG	B	-1.06%
CME	A	-1.04%
MET	C	-1.02%
HLT	A	-1.01%
COR	A	-1.01%
PRU	B	-1.01%
YUM	B	-1.01%
ICE	D	-1.01%
CTAS	A	-1.01%
SRE	A	-1.0%
OTIS	C	-1.0%
CB	C	-1.0%
PFG	C	-0.99%
WM	A	-0.99%
WELL	B	-0.99%
DRI	B	-0.98%
GD	A	-0.98%
UNP	C	-0.97%
AIG	B	-0.97%
COST	B	-0.97%
BRO	A	-0.97%
VRSN	C	-0.96%
PPL	A	-0.96%
OMC	B	-0.96%
CSX	B	-0.96%
DUK	D	-0.95%
AVY	F	-0.95%
SPGI	C	-0.94%
CHD	B	-0.94%
LH	A	-0.93%
PEG	C	-0.93%
AJG	A	-0.93%
AVB	A	-0.92%
MDT	D	-0.92%
SO	D	-0.92%
AFL	C	-0.92%
ABT	C	-0.91%
BR	A	-0.91%
PEP	D	-0.91%
WEC	B	-0.9%
ECL	C	-0.89%
PPG	F	-0.89%
DGX	A	-0.89%
ED	D	-0.88%
MDLZ	F	-0.88%
CMS	C	-0.88%
EVRG	A	-0.87%
LNT	C	-0.87%
HOLX	D	-0.86%
SYY	B	-0.86%
STZ	D	-0.86%
FE	D	-0.86%
KDP	D	-0.84%
CBOE	D	-0.82%
GIS	F	-0.8%
LYB	F	-0.8%
DOW	F	-0.79%
ELV	F	-0.69%