FNCL vs. QARP ETF Comparison

Comparison of Fidelity MSCI Financials Index ETF (FNCL) to Xtrackers Russell 1000 US QARP ETF (QARP)

FNCL

Fidelity MSCI Financials Index ETF

FNCL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials 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 Financials Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$64.56

Average Daily Volume

85,491

Number of Holdings ^*

374

* may have additional holdings in another (foreign) market

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.90

Average Daily Volume

19,310

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

Performance

Period	FNCL	QARP
30 Days	4.72%	2.69%
60 Days	6.27%	3.89%
90 Days	11.64%	5.41%
12 Months	35.51%	24.09%

34 Overlapping Holdings

Symbol	Grade	Weight in FNCL	Weight in QARP	Overlap
ACGL	C	0.58%	0.28%	0.28%
AMG	C	0.08%	0.09%	0.08%
AON	B	0.95%	0.33%	0.33%
BRK.A	C	8.46%	5.43%	5.43%
BX	B	1.44%	0.05%	0.05%
CBOE	C	0.31%	0.08%	0.08%
CINF	B	0.3%	0.09%	0.09%
COF	B	0.74%	0.13%	0.13%
COIN	F	0.42%	0.03%	0.03%
EG	C	0.23%	0.06%	0.06%
EVR	A	0.12%	0.09%	0.09%
FCNCA	D	0.26%	0.13%	0.13%
FDS	C	0.23%	0.1%	0.1%
HLI	B	0.11%	0.03%	0.03%
JHG	B	0.07%	0.02%	0.02%
JKHY	B	0.18%	0.05%	0.05%
KNSL	C	0.14%	0.04%	0.04%
LPLA	D	0.22%	0.14%	0.14%
MA	B	5.71%	1.57%	1.57%
MCO	B	1.11%	0.35%	0.35%
MKTX	C	0.14%	0.05%	0.05%
MMC	C	1.59%	0.61%	0.61%
MSCI	C	0.63%	0.22%	0.22%
MTG	B	0.09%	0.12%	0.09%
PGR	B	2.06%	0.06%	0.06%
PYPL	B	0.97%	0.28%	0.28%
RLI	B	0.08%	0.02%	0.02%
RNR	C	0.19%	0.06%	0.06%
SEIC	C	0.1%	0.06%	0.06%
SPGI	B	2.33%	0.08%	0.08%
SYF	C	0.26%	0.1%	0.1%
TROW	D	0.33%	0.23%	0.23%
V	C	6.31%	1.81%	1.81%
WTW	C	0.42%	0.03%	0.03%

FNCL Overweight 340 Positions Relative to QARP

Symbol	Grade	Weight
JPM	D	8.39%
BAC	D	3.87%
WFC	D	2.64%
GS	C	2.15%
AXP	B	2.06%
BLK	B	1.84%
MS	D	1.67%
C	C	1.55%
CB	B	1.55%
SCHW	D	1.35%
ICE	C	1.29%
CME	C	1.11%
KKR	B	1.04%
PNC	B	1.0%
USB	B	0.99%
AJG	D	0.91%
AFL	C	0.82%
TFC	C	0.79%
TRV	C	0.75%
BK	B	0.71%
ALL	B	0.69%
AIG	D	0.68%
FIS	B	0.66%
MET	B	0.64%
AMP	A	0.61%
APO	C	0.61%
PRU	C	0.59%
SQ	D	0.5%
HIG	B	0.48%
DFS	B	0.46%
NDAQ	A	0.44%
FITB	B	0.4%
MTB	B	0.39%
GPN	D	0.39%
ARES	B	0.37%
STT	A	0.35%
BRO	C	0.34%
RJF	C	0.32%
RF	B	0.29%
CPAY	B	0.29%
HBAN	B	0.29%
MKL	C	0.28%
CFG	C	0.26%
PFG	B	0.26%
WRB	C	0.25%
NTRS	A	0.25%
FNF	B	0.21%
L	C	0.21%
KEY	B	0.21%
RGA	C	0.2%
TW	B	0.19%
IBKR	B	0.18%
ERIE	B	0.18%
EQH	C	0.18%
EWBC	D	0.16%
AIZ	B	0.15%
HOOD	C	0.15%
AFRM	C	0.14%
AFG	B	0.14%
CG	D	0.13%
ALLY	F	0.13%
PRI	B	0.13%
ORI	B	0.13%
TOST	C	0.13%
JEF	B	0.13%
GL	C	0.13%
WAL	B	0.12%
FHN	D	0.12%
MORN	C	0.12%
SF	A	0.12%
UNM	B	0.12%
CMA	B	0.11%
VOYA	B	0.11%
WBS	D	0.11%
OWL	C	0.11%
WEX	C	0.11%
PB	B	0.1%
WTFC	B	0.1%
PNFP	B	0.1%
SSB	B	0.1%
BPOP	C	0.1%
AGNC	B	0.1%
CBSH	C	0.1%
SOFI	C	0.1%
RYAN	D	0.09%
CFR	C	0.09%
SNV	C	0.09%
AXS	B	0.09%
ESNT	B	0.09%
FAF	B	0.09%
ZION	D	0.09%
CADE	C	0.08%
OMF	D	0.08%
JXN	A	0.08%
BEN	F	0.08%
HLNE	B	0.08%
STWD	B	0.08%
COOP	C	0.08%
ONB	C	0.08%
PFSI	C	0.07%
PIPR	B	0.07%
UMBF	B	0.07%
LNC	D	0.07%
GBCI	B	0.07%
UBSI	B	0.07%
HOMB	B	0.07%
COLB	B	0.07%
RDN	C	0.07%
THG	B	0.07%
SIGI	D	0.07%
FNB	C	0.07%
IVZ	B	0.07%
TPG	B	0.06%
CNO	B	0.06%
ESGR	D	0.06%
MC	B	0.06%
SLM	D	0.06%
AGO	C	0.06%
HWC	D	0.06%
FFIN	B	0.06%
OZK	D	0.06%
FOUR	C	0.06%
EEFT	D	0.06%
WTM	D	0.06%
UCBI	B	0.05%
FBP	C	0.05%
AX	D	0.05%
BGC	B	0.05%
IBOC	D	0.05%
OSCR	B	0.05%
WD	A	0.05%
VLY	C	0.05%
SFBS	B	0.05%
ABCB	B	0.05%
KMPR	D	0.05%
HASI	C	0.05%
BKU	C	0.04%
UPST	C	0.04%
FHI	A	0.04%
VIRT	C	0.04%
PRK	C	0.04%
APAM	C	0.04%
PJT	B	0.04%
CBU	C	0.04%
FIBK	B	0.04%
CACC	F	0.04%
WAFD	C	0.04%
CATY	C	0.04%
WU	F	0.04%
BHF	F	0.04%
GNW	B	0.04%
BOKF	B	0.04%
EBC	B	0.04%
WSFS	D	0.04%
AUB	D	0.04%
TCBI	B	0.04%
BXMT	C	0.04%
FULT	D	0.04%
STEP	B	0.04%
FHB	D	0.04%
NMIH	B	0.04%
ASB	D	0.04%
TRMK	C	0.03%
WSBC	D	0.03%
BANC	B	0.03%
NATL	D	0.03%
EFSC	B	0.03%
STC	B	0.03%
BANR	B	0.03%
DFIN	B	0.03%
GSHD	C	0.03%
RNST	D	0.03%
OFG	C	0.03%
PRG	B	0.03%
FLYW	F	0.03%
NBTB	D	0.03%
IBTX	B	0.03%
MQ	F	0.03%
EVTC	D	0.03%
SBCF	C	0.03%
ENVA	C	0.03%
BANF	B	0.03%
TBBK	B	0.03%
PFS	B	0.03%
PPBI	D	0.03%
VCTR	B	0.03%
FRME	D	0.03%
SNEX	B	0.03%
PLMR	C	0.03%
CVBF	D	0.03%
ABR	B	0.03%
HTLF	B	0.03%
RKT	C	0.03%
FFBC	D	0.03%
INDB	C	0.03%
CNS	B	0.03%
SFNC	B	0.03%
BOH	D	0.03%
TOWN	B	0.03%
SRCE	C	0.02%
PEBO	C	0.02%
EFC	B	0.02%
BHLB	B	0.02%
EIG	C	0.02%
GABC	C	0.02%
SAFT	D	0.02%
NBHC	D	0.02%
LC	D	0.02%
NIC	C	0.02%
WABC	D	0.02%
VBTX	B	0.02%
ACT	B	0.02%
PMT	C	0.02%
QCRH	B	0.02%
CODI	D	0.02%
NAVI	C	0.02%
TCBK	D	0.02%
HMN	D	0.02%
SKWD	C	0.02%
LOB	B	0.02%
HTH	C	0.02%
VRTS	F	0.02%
ARI	F	0.02%
CUBI	F	0.02%
NNI	B	0.02%
RC	F	0.02%
HOPE	B	0.02%
SPNT	C	0.02%
SASR	B	0.02%
CHCO	B	0.02%
TRUP	C	0.02%
SYBT	A	0.02%
FBNC	B	0.02%
STBA	B	0.02%
LKFN	C	0.02%
CASH	B	0.02%
LADR	B	0.02%
BUSE	C	0.02%
FRHC	B	0.02%
MCY	D	0.02%
NWBI	C	0.02%
FCF	C	0.02%
FBK	B	0.02%
AGM	D	0.02%
PGC	C	0.01%
WRLD	D	0.01%
CLBK	C	0.01%
HAFC	C	0.01%
SPFI	B	0.01%
PAY	D	0.01%
HONE	C	0.01%
UFCS	D	0.01%
CCBG	B	0.01%
PX	C	0.01%
CTLP	D	0.01%
GSBC	D	0.01%
MCB	C	0.01%
NFBK	C	0.01%
SMBC	C	0.01%
NRDS	D	0.01%
BHB	A	0.01%
TIPT	B	0.01%
AMBC	D	0.01%
TRTX	C	0.01%
GDOT	C	0.01%
CAC	C	0.01%
MSBI	D	0.01%
LPRO	D	0.01%
FSBC	B	0.01%
WASH	A	0.01%
TRST	C	0.01%
THFF	B	0.01%
CCB	B	0.01%
EZPW	D	0.01%
EQBK	B	0.01%
TMP	C	0.01%
AMTB	D	0.01%
IIIV	D	0.01%
FMNB	B	0.01%
PRA	C	0.01%
EGBN	C	0.01%
TREE	C	0.01%
IMXI	D	0.01%
RBCAA	B	0.01%
KREF	B	0.01%
TFSL	C	0.01%
CPF	B	0.01%
CFFN	D	0.01%
PFBC	D	0.01%
AMAL	B	0.01%
UVE	C	0.01%
BFST	B	0.01%
FG	D	0.01%
CASS	C	0.01%
FCBC	A	0.01%
RPAY	F	0.01%
HTBK	C	0.01%
HFWA	C	0.01%
OSBC	C	0.01%
BFC	B	0.01%
BSIG	B	0.01%
MCBS	B	0.01%
PRAA	D	0.01%
HBNC	B	0.01%
FMBH	B	0.01%
BY	C	0.01%
AMSF	C	0.01%
MBWM	D	0.01%
CFB	D	0.01%
FBMS	B	0.01%
BHRB	C	0.01%
CTBI	B	0.01%
BRSP	D	0.01%
BRKL	C	0.01%
DX	B	0.01%
CMTG	D	0.01%
UWMC	D	0.01%
HCI	C	0.01%
OBK	D	0.01%
SBSI	B	0.01%
DCOM	B	0.01%
IBCP	B	0.01%
ECPG	D	0.01%
CNOB	B	0.01%
CNNE	D	0.01%
LMND	D	0.01%
UVSP	B	0.01%
MBIN	D	0.01%
RWT	B	0.01%
PFC	C	0.01%
OCFC	B	0.01%
AROW	D	0.0%
RILY	F	0.0%
CRD.B	C	0.0%
GCBC	D	0.0%
DHIL	C	0.0%
DGICA	B	0.0%
KRNY	C	0.0%
HBT	C	0.0%
HGTY	D	0.0%

FNCL Underweight 310 Positions Relative to QARP

Symbol	Grade	Weight
AAPL	C	-5.0%
META	B	-4.8%
AMZN	C	-3.6%
XOM	C	-3.11%
WMT	C	-2.86%
JNJ	C	-2.71%
UNH	C	-2.48%
COST	B	-2.39%
MSFT	C	-2.12%
GOOGL	D	-2.12%
HD	B	-1.94%
GOOG	D	-1.92%
CSCO	C	-1.77%
PG	C	-1.51%
CVX	D	-1.39%
ACN	C	-1.2%
ADBE	F	-1.05%
MCK	F	-1.01%
TJX	B	-0.85%
CMCSA	D	-0.82%
LMT	C	-0.81%
AMAT	D	-0.78%
COP	D	-0.76%
LOW	B	-0.76%
VZ	B	-0.74%
T	C	-0.72%
ELV	C	-0.67%
BKNG	C	-0.65%
MO	C	-0.65%
CI	C	-0.64%
CAT	B	-0.61%
PFE	C	-0.59%
PM	C	-0.58%
TSLA	C	-0.58%
BMY	C	-0.55%
SBUX	C	-0.51%
EOG	D	-0.47%
LRCX	F	-0.46%
LEN	B	-0.45%
UPS	D	-0.42%
MCD	B	-0.41%
TGT	C	-0.41%
CAH	C	-0.4%
HUM	F	-0.4%
MRK	D	-0.4%
REGN	C	-0.4%
TXN	C	-0.38%
SYY	D	-0.37%
ORLY	C	-0.37%
DHI	B	-0.37%
NUE	F	-0.37%
AZO	D	-0.36%
PSA	B	-0.35%
FDX	C	-0.34%
NKE	D	-0.34%
ADM	D	-0.32%
HCA	B	-0.32%
MU	F	-0.32%
ITW	C	-0.31%
GILD	B	-0.31%
CTSH	C	-0.3%
CNC	D	-0.3%
ROST	C	-0.29%
MPC	F	-0.28%
KR	C	-0.28%
QCOM	D	-0.27%
CL	D	-0.26%
BBY	C	-0.26%
DE	B	-0.25%
GWW	B	-0.24%
PHM	B	-0.23%
CMI	C	-0.23%
NVR	B	-0.23%
ABT	C	-0.23%
VRTX	D	-0.22%
PCAR	D	-0.21%
GM	C	-0.21%
ABNB	D	-0.21%
ADP	B	-0.21%
KVUE	C	-0.21%
STLD	F	-0.2%
SPG	B	-0.2%
CVS	D	-0.2%
KLAC	D	-0.2%
URI	B	-0.2%
FANG	D	-0.19%
EA	D	-0.19%
FAST	C	-0.19%
PAYX	C	-0.19%
KMB	D	-0.18%
FTNT	C	-0.18%
DVN	F	-0.18%
VLO	F	-0.18%
BLDR	C	-0.17%
ISRG	B	-0.17%
ODFL	D	-0.17%
ULTA	D	-0.16%
DAL	C	-0.16%
TSCO	C	-0.16%
WSM	D	-0.16%
GEHC	C	-0.15%
RS	D	-0.15%
SLB	F	-0.14%
UNP	C	-0.14%
NVDA	D	-0.14%
GRMN	D	-0.14%
LULU	D	-0.14%
MNST	D	-0.14%
EXPD	C	-0.14%
DRI	B	-0.13%
GEV	B	-0.13%
EXPE	C	-0.13%
DECK	C	-0.12%
KEYS	C	-0.12%
CHTR	D	-0.12%
VST	C	-0.12%
EME	B	-0.12%
CF	C	-0.12%
CASY	D	-0.12%
MMM	B	-0.12%
PSX	F	-0.12%
MAR	C	-0.11%
GIS	B	-0.11%
LYB	D	-0.11%
MRO	C	-0.11%
SOLV	C	-0.11%
ANET	B	-0.11%
MTD	D	-0.11%
OC	D	-0.11%
CPNG	B	-0.1%
SWKS	D	-0.1%
UTHR	C	-0.1%
DKS	D	-0.1%
LUV	C	-0.1%
A	C	-0.1%
SNA	C	-0.1%
BJ	D	-0.1%
CMG	C	-0.1%
CTRA	D	-0.1%
HSY	C	-0.1%
MRNA	F	-0.1%
CBRE	A	-0.09%
ROK	D	-0.09%
EBAY	B	-0.09%
HRB	C	-0.09%
ADI	C	-0.09%
TPR	C	-0.09%
CTAS	B	-0.08%
AMD	D	-0.08%
HPQ	D	-0.08%
MAS	B	-0.08%
GPC	D	-0.08%
BKR	C	-0.08%
DOW	D	-0.08%
WST	D	-0.08%
WY	C	-0.08%
VICI	C	-0.08%
CSX	D	-0.07%
GGG	C	-0.07%
LYV	B	-0.07%
INTC	F	-0.07%
SKX	D	-0.07%
TT	B	-0.07%
CLX	C	-0.07%
MOH	D	-0.07%
DOX	C	-0.07%
AOS	D	-0.07%
WSO	C	-0.07%
TOL	B	-0.07%
PFGC	B	-0.07%
DLTR	F	-0.07%
ATO	B	-0.07%
ACI	F	-0.06%
MUSA	D	-0.06%
YUM	D	-0.06%
ADSK	C	-0.06%
AGCO	D	-0.06%
INCY	C	-0.06%
UAL	C	-0.06%
UHS	B	-0.06%
HAL	F	-0.06%
EW	F	-0.06%
CHRW	B	-0.06%
BWA	D	-0.06%
RHI	D	-0.06%
POOL	C	-0.06%
APTV	D	-0.06%
K	B	-0.06%
OXY	F	-0.06%
AYI	B	-0.06%
CPRT	D	-0.06%
VRSN	D	-0.06%
TXT	D	-0.06%
NTAP	D	-0.06%
FICO	B	-0.06%
LNG	C	-0.06%
FND	C	-0.05%
ON	D	-0.05%
PWR	B	-0.05%
LEA	F	-0.05%
CHRD	F	-0.05%
PKG	B	-0.05%
RL	C	-0.05%
CSL	B	-0.05%
JBHT	D	-0.05%
HOLX	B	-0.05%
EXP	B	-0.05%
CLF	F	-0.05%
JBL	D	-0.05%
TXRH	C	-0.05%
BLD	D	-0.05%
MGM	F	-0.05%
LSTR	D	-0.05%
FFIV	B	-0.05%
ALGN	D	-0.05%
CHK	D	-0.05%
ALK	C	-0.04%
CE	F	-0.04%
FCX	D	-0.04%
JNPR	B	-0.04%
CNP	C	-0.04%
TER	D	-0.04%
LVS	D	-0.04%
LECO	F	-0.04%
CNM	F	-0.04%
EPAM	F	-0.04%
J	C	-0.04%
NYT	C	-0.04%
AMCR	B	-0.04%
IP	B	-0.04%
ARMK	B	-0.04%
DBX	D	-0.04%
SAIA	D	-0.04%
CHE	C	-0.04%
LLY	C	-0.04%
ORCL	C	-0.04%
TSN	C	-0.04%
COKE	C	-0.04%
GNTX	F	-0.04%
MOS	F	-0.04%
DCI	C	-0.04%
OTIS	C	-0.04%
MCHP	F	-0.04%
INGR	B	-0.04%
BURL	B	-0.04%
ITT	B	-0.04%
WAT	C	-0.03%
PINC	C	-0.03%
G	C	-0.03%
SSD	D	-0.03%
LKQ	F	-0.03%
CPB	C	-0.03%
TTEK	C	-0.03%
OLN	D	-0.03%
OVV	F	-0.03%
LOPE	D	-0.03%
EXEL	C	-0.03%
MHK	C	-0.03%
KNX	C	-0.03%
THO	D	-0.03%
MSM	D	-0.03%
FOXA	B	-0.03%
HII	D	-0.03%
PVH	F	-0.03%
GAP	F	-0.03%
AAL	D	-0.03%
SJM	C	-0.03%
DPZ	F	-0.03%
DGX	B	-0.03%
VVV	D	-0.03%
X	F	-0.03%
ALSN	B	-0.03%
PII	D	-0.03%
FCN	D	-0.03%
AMGN	B	-0.03%
GLPI	C	-0.03%
LAMR	B	-0.03%
HST	C	-0.03%
ROL	C	-0.03%
TAP	D	-0.03%
CROX	D	-0.03%
CCL	C	-0.03%
MEDP	F	-0.03%
WBD	D	-0.03%
PAYC	D	-0.03%
RPRX	C	-0.03%
EL	F	-0.03%
WYNN	D	-0.03%
ACM	B	-0.03%
CRUS	D	-0.03%
LPX	B	-0.03%
OSK	F	-0.03%
FIX	B	-0.03%
USFD	B	-0.03%
BBWI	F	-0.02%
AR	F	-0.02%
CDNS	D	-0.02%
ALB	D	-0.02%
DINO	F	-0.02%
BIIB	F	-0.02%
MTZ	B	-0.02%
FIVE	D	-0.02%
NEU	D	-0.02%
CDW	D	-0.02%
M	F	-0.02%
CTVA	B	-0.02%
DD	B	-0.02%
APA	F	-0.02%
ABBV	C	-0.02%
IWB	B	-0.0%