FOVL vs. FFLV ETF Comparison

Comparison of iShares Focused Value Factor ETF (FOVL) to Fidelity Fundamental Large Cap Value ETF (FFLV)

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$73.57

Average Daily Volume

2,250

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFLV

Fidelity Fundamental Large Cap Value ETF

FFLV Description

The fund will normally invest at least 80% of the fund"s assets in equity securities of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000® Index or the S&P 500® Index). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.94

Average Daily Volume

878

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	FOVL	FFLV
30 Days	5.56%	3.62%
60 Days	9.08%	5.11%
90 Days	12.44%	5.96%
12 Months	44.84%

4 Overlapping Holdings

Symbol	Grade	Weight in FOVL	Weight in FFLV	Overlap
BAC	A	2.74%	2.34%	2.34%
BG	D	2.14%	0.25%	0.25%
CMCSA	B	2.5%	2.31%	2.31%
CNXC	F	1.88%	0.67%	0.67%

FOVL Overweight 36 Positions Relative to FFLV

Symbol	Grade	Weight
FHN	A	3.03%
DFS	B	3.0%
MTB	A	2.84%
FHB	B	2.82%
FNB	A	2.81%
NTRS	A	2.81%
CMA	B	2.77%
JHG	B	2.77%
ALK	B	2.7%
PNC	B	2.7%
ETR	B	2.69%
RF	A	2.66%
WTM	A	2.65%
OZK	B	2.65%
USB	A	2.63%
FITB	B	2.61%
HPE	B	2.52%
OGE	A	2.5%
VOYA	B	2.49%
AXS	A	2.49%
PNW	A	2.43%
EVRG	A	2.43%
PFG	D	2.4%
PRGO	C	2.38%
AVT	C	2.36%
MET	A	2.36%
D	C	2.34%
CNA	C	2.34%
MTG	C	2.31%
RNR	C	2.29%
UGI	C	2.25%
RPRX	D	2.18%
VZ	C	2.13%
CWEN	C	2.08%
ADM	D	2.04%
CRI	F	1.91%

FOVL Underweight 104 Positions Relative to FFLV

Symbol	Grade	Weight
XOM	B	-4.54%
JPM	A	-4.36%
CSCO	B	-3.48%
WFC	A	-3.09%
HIG	B	-2.6%
UNH	B	-2.23%
TRV	B	-2.2%
JNJ	C	-2.03%
ELV	F	-1.96%
KVUE	A	-1.95%
JCI	B	-1.84%
FDX	B	-1.7%
PLD	F	-1.66%
CI	D	-1.59%
EIX	B	-1.58%
USFD	A	-1.49%
PCG	A	-1.49%
ALSN	B	-1.38%
APO	B	-1.37%
WELL	A	-1.32%
SJM	D	-1.24%
CVS	D	-1.21%
AZN	F	-1.09%
BRK.A	B	-1.04%
WLK	D	-1.01%
RJF	A	-1.01%
TKR	D	-0.99%
CNC	D	-0.96%
MCHP	F	-0.94%
SRE	A	-0.89%
COR	B	-0.88%
MRK	D	-0.88%
AFG	A	-0.87%
TSM	B	-0.86%
TRGP	A	-0.84%
DOX	D	-0.84%
GEN	B	-0.83%
GPK	C	-0.82%
KDP	F	-0.8%
UHAL	D	-0.8%
CB	C	-0.76%
ORI	A	-0.75%
GDDY	A	-0.7%
RRX	B	-0.69%
LMT	D	-0.68%
FLR	B	-0.68%
TPX	B	-0.67%
PSA	C	-0.65%
LW	C	-0.65%
SNX	D	-0.61%
BCO	F	-0.6%
WCC	B	-0.58%
XPO	B	-0.58%
LOW	C	-0.58%
BC	C	-0.58%
KO	D	-0.57%
CG	B	-0.56%
AES	F	-0.54%
ALLY	C	-0.54%
CEG	C	-0.52%
KEY	B	-0.52%
HPQ	B	-0.47%
SW	A	-0.47%
VST	A	-0.46%
UFPI	C	-0.46%
GMS	B	-0.46%
GPN	B	-0.44%
LAD	A	-0.43%
IPG	D	-0.42%
APTV	F	-0.39%
FAF	A	-0.38%
GTES	A	-0.38%
DOOO	F	-0.37%
LPX	B	-0.36%
OLN	F	-0.33%
HRI	C	-0.32%
CC	C	-0.31%
AAP	D	-0.31%
DAR	C	-0.31%
HOG	D	-0.3%
LITE	B	-0.29%
SLM	A	-0.28%
CPT	B	-0.28%
MDU	D	-0.27%
HRB	D	-0.27%
UPBD	B	-0.26%
G	B	-0.26%
OMF	A	-0.24%
PM	B	-0.22%
NXST	C	-0.22%
VSTS	C	-0.22%
CIEN	C	-0.22%
TEX	F	-0.21%
AR	B	-0.2%
COMP	B	-0.2%
SIG	B	-0.2%
TPR	B	-0.17%
SNY	F	-0.17%
CCI	C	-0.14%
MOH	F	-0.13%
EWBC	A	-0.13%
FCNCA	A	-0.12%
WBS	A	-0.11%
FTRE	D	-0.07%