FMAT vs. RFV ETF Comparison

Comparison of Fidelity MSCI Materials Index ETF (FMAT) to Guggenheim S&P Midcap 400 Pure Value ETF (RFV)

FMAT

Fidelity MSCI Materials Index ETF

FMAT Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Materials Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.45

Average Daily Volume

32,994

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

RFV

Guggenheim S&P Midcap 400 Pure Value ETF

RFV Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P MidCap 400 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P MidCap 400 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$117.46

Average Daily Volume

11,502

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMAT	RFV
30 Days	4.77%	3.19%
60 Days	9.03%	8.13%
90 Days	9.20%	7.09%
12 Months	25.40%	25.06%

7 Overlapping Holdings

Symbol	Grade	Weight in FMAT	Weight in RFV	Overlap
AA	B	0.63%	1.76%	0.63%
BERY	C	0.53%	0.52%	0.52%
CLF	D	0.41%	1.06%	0.41%
CMC	D	0.43%	1.1%	0.43%
GEF	B	0.1%	0.66%	0.1%
GEF	B	0.02%	0.66%	0.02%
X	F	0.54%	2.04%	0.54%

FMAT Overweight 103 Positions Relative to RFV

Symbol	Grade	Weight
LIN	C	15.63%
SHW	C	6.25%
FCX	B	5.0%
APD	C	4.53%
ECL	C	4.44%
NEM	C	4.21%
CTVA	A	2.77%
DOW	B	2.63%
DD	C	2.54%
NUE	D	2.44%
MLM	F	2.25%
VMC	D	2.24%
PPG	D	2.14%
IFF	D	1.82%
SW	C	1.76%
LYB	B	1.7%
BALL	C	1.42%
PKG	B	1.31%
STLD	C	1.27%
AVY	D	1.21%
RS	D	1.13%
AMCR	C	1.11%
IP	C	1.1%
RPM	A	1.07%
CF	A	1.06%
CE	D	1.03%
EMN	C	0.9%
CCK	C	0.78%
ALB	D	0.77%
ATR	A	0.72%
EXP	C	0.66%
RGLD	C	0.63%
GPK	D	0.61%
MOS	F	0.59%
AXTA	C	0.56%
ATI	C	0.56%
FMC	C	0.56%
CRS	B	0.51%
LPX	C	0.47%
CBT	B	0.42%
ESI	C	0.42%
OLN	D	0.4%
WLK	C	0.39%
BCPC	C	0.38%
SON	D	0.36%
SEE	C	0.35%
SUM	F	0.32%
KNF	B	0.32%
AVNT	C	0.31%
FUL	F	0.3%
SLGN	B	0.3%
ASH	F	0.28%
NEU	F	0.27%
HUN	B	0.27%
HL	C	0.27%
SMG	C	0.25%
HCC	C	0.23%
CC	D	0.21%
SLVM	C	0.2%
IOSP	F	0.19%
CDE	C	0.19%
SXT	C	0.19%
AMR	F	0.18%
MTX	C	0.17%
KWR	F	0.17%
HWKN	B	0.17%
MTRN	F	0.16%
ARCH	D	0.16%
MP	C	0.15%
OI	D	0.14%
ASPN	C	0.13%
TROX	D	0.12%
SCL	D	0.12%
PRM	C	0.12%
NGVT	D	0.1%
KALU	D	0.08%
TRS	D	0.07%
OEC	F	0.07%
WS	D	0.07%
PCT	C	0.07%
USLM	C	0.07%
ASIX	A	0.06%
CENX	C	0.06%
MATV	F	0.06%
GATO	B	0.05%
SXC	F	0.05%
HAYN	B	0.05%
ECVT	F	0.05%
KOP	F	0.05%
PTVE	D	0.04%
MTUS	F	0.04%
RYI	D	0.04%
IE	D	0.04%
ZEUS	F	0.03%
LXU	C	0.03%
CMP	D	0.03%
MYE	F	0.03%
CLW	F	0.03%
RDUS	D	0.03%
MERC	D	0.02%
KRO	C	0.02%
PACK	F	0.02%
METC	D	0.02%

FMAT Underweight 78 Positions Relative to RFV

Symbol	Grade	Weight
AVT	B	-2.76%
SNX	C	-2.55%
JLL	C	-2.44%
MTZ	A	-2.41%
THC	D	-2.36%
LAD	C	-2.34%
ARW	C	-2.31%
M	D	-2.11%
USFD	C	-2.05%
JWN	D	-2.01%
AN	D	-1.98%
PBF	F	-1.88%
TMHC	C	-1.77%
PFGC	A	-1.77%
PPC	C	-1.74%
MAN	D	-1.71%
GHC	A	-1.71%
DINO	F	-1.7%
UNM	A	-1.69%
AAL	D	-1.64%
R	C	-1.57%
ARMK	C	-1.53%
WCC	D	-1.51%
JEF	A	-1.47%
MDU	C	-1.43%
GT	F	-1.33%
FYBR	C	-1.31%
RGA	B	-1.25%
ALLY	F	-1.24%
CUZ	C	-1.22%
KMPR	D	-1.2%
KD	D	-1.2%
PAG	D	-1.19%
ASB	D	-1.18%
WHR	C	-1.12%
FLR	B	-1.1%
COHR	B	-1.09%
LEA	F	-1.07%
THO	C	-1.05%
KRC	C	-1.02%
PVH	D	-1.0%
FNB	D	-0.97%
HOG	D	-0.95%
ZION	D	-0.95%
POST	C	-0.91%
VLY	C	-0.88%
CNH	C	-0.86%
PRGO	F	-0.83%
FHN	D	-0.81%
JHG	A	-0.8%
UGI	C	-0.78%
ONB	D	-0.78%
IRT	D	-0.77%
TCBI	B	-0.75%
PB	D	-0.74%
VAC	D	-0.68%
CHK	C	-0.68%
AR	C	-0.67%
CNO	B	-0.67%
GAP	F	-0.66%
SWX	C	-0.64%
BJ	B	-0.62%
ORI	A	-0.61%
ENOV	F	-0.61%
BKH	C	-0.59%
BIO	B	-0.58%
FAF	C	-0.54%
WBS	D	-0.54%
NVST	D	-0.53%
OSK	F	-0.53%
SR	D	-0.49%
AGCO	D	-0.49%
KNX	D	-0.47%
NOV	F	-0.43%
VSH	F	-0.42%
UAA	B	-0.41%
UA	B	-0.39%
CNXC	F	-0.31%