FQAL vs. CDL ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF (CDL)

FQAL

Fidelity Quality Factor ETF

FQAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Quality Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.

Grade (RS Rating)

Last Trade

$66.83

Average Daily Volume

29,902

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

CDL

Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF

CDL Description

The investment seeks to provide investment results that match the performance of the CEMP US Large Cap High Dividend 100 Volatility Weighted Index. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 100 highest dividend yielding stocks of the CEMP US Large Cap 500 Volatility Weighted Index, which consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Normally the fund invests at least 80% of its assets in the stocks of U.S. issuers included in the index.

Grade (RS Rating)

Last Trade

$68.20

Average Daily Volume

12,004

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	CDL
30 Days	1.49%	0.22%
60 Days	5.24%	3.43%
90 Days	6.80%	5.94%
12 Months	30.99%	28.47%

18 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in CDL	Overlap
ABBV	F	1.35%	1.12%	1.12%
CME	B	0.82%	1.29%	0.82%
CVX	A	0.65%	1.21%	0.65%
EOG	A	0.29%	1.05%	0.29%
GILD	B	1.09%	1.03%	1.03%
HSY	F	0.25%	0.92%	0.25%
JNJ	D	1.34%	1.27%	1.27%
KMB	D	0.3%	1.05%	0.3%
MMM	C	0.5%	0.58%	0.5%
MO	A	0.41%	1.17%	0.41%
PAYX	B	0.49%	1.28%	0.49%
PM	B	0.59%	1.35%	0.59%
SO	D	0.35%	1.28%	0.35%
T	A	0.54%	1.23%	0.54%
VZ	D	0.54%	1.0%	0.54%
WEC	B	0.25%	1.18%	0.25%
WMB	B	0.33%	1.48%	0.33%
XOM	B	1.15%	1.18%	1.15%

FQAL Overweight 106 Positions Relative to CDL

Symbol	Grade	Weight
NVDA	A	7.41%
AAPL	C	6.53%
MSFT	C	6.31%
GOOGL	C	3.77%
META	B	2.62%
AVGO	C	2.17%
LLY	F	1.8%
V	A	1.56%
MA	B	1.44%
HD	B	1.43%
BKNG	A	1.16%
MCD	C	1.09%
ACN	B	1.05%
LOW	B	0.99%
COST	B	0.99%
BX	A	0.99%
PGR	A	0.98%
BMY	B	0.97%
QCOM	F	0.96%
ADBE	C	0.94%
PANW	B	0.94%
PG	C	0.92%
VRTX	B	0.91%
NFLX	A	0.91%
FICO	B	0.9%
SPGI	C	0.89%
AMP	A	0.88%
AMAT	F	0.87%
VEEV	B	0.86%
GRMN	A	0.85%
ORLY	A	0.82%
ABNB	C	0.82%
CAT	B	0.8%
ZTS	D	0.79%
JXN	C	0.79%
CPAY	A	0.77%
CFR	B	0.75%
EWBC	B	0.75%
AZO	B	0.74%
LRCX	F	0.74%
YUM	B	0.73%
MCO	C	0.73%
MSCI	B	0.71%
DPZ	C	0.7%
KLAC	F	0.69%
IDXX	F	0.68%
ACGL	C	0.68%
MTD	F	0.68%
CBSH	A	0.66%
QLYS	B	0.66%
KO	F	0.66%
MEDP	D	0.64%
ADP	A	0.64%
WSM	F	0.63%
UNP	D	0.62%
KNSL	C	0.61%
LMT	D	0.57%
GWW	B	0.54%
CTAS	B	0.54%
ITW	B	0.53%
LIN	D	0.53%
FAST	B	0.52%
AME	A	0.5%
TDG	D	0.5%
CSX	B	0.49%
ODFL	B	0.46%
CPRT	A	0.46%
NEE	D	0.45%
VRSK	A	0.45%
OTIS	D	0.45%
TTD	B	0.45%
VST	B	0.4%
COP	C	0.4%
MDLZ	F	0.38%
CEG	D	0.38%
CL	F	0.34%
MNST	B	0.32%
SHW	A	0.3%
TPL	B	0.3%
PLD	D	0.29%
AMT	F	0.27%
NRG	C	0.27%
LNG	B	0.26%
FCX	F	0.26%
SPG	A	0.24%
ECL	C	0.24%
PSA	D	0.22%
NUE	D	0.2%
MLM	B	0.2%
O	D	0.2%
NFG	D	0.19%
WHD	B	0.18%
UGI	D	0.18%
EXR	D	0.18%
AVB	B	0.18%
AM	B	0.18%
CF	B	0.17%
EXP	B	0.17%
RS	C	0.17%
VICI	D	0.17%
SBAC	D	0.16%
EQR	C	0.16%
AVY	F	0.15%
RGLD	C	0.15%
ESS	C	0.15%
GLPI	D	0.14%

FQAL Underweight 82 Positions Relative to CDL

Symbol	Grade	Weight
KMI	B	-1.63%
ETR	B	-1.45%
NI	A	-1.41%
OKE	A	-1.38%
PPL	A	-1.38%
DUK	D	-1.36%
SRE	B	-1.34%
CSCO	A	-1.34%
EVRG	A	-1.28%
CMS	D	-1.23%
ED	D	-1.22%
PEP	D	-1.22%
FE	D	-1.22%
LNT	C	-1.18%
PFG	C	-1.17%
MDT	D	-1.17%
MET	C	-1.16%
AEE	B	-1.15%
MS	A	-1.15%
CNP	B	-1.14%
CMCSA	B	-1.11%
EIX	C	-1.1%
STT	B	-1.1%
OMC	A	-1.08%
DRI	B	-1.08%
NTRS	A	-1.07%
AEP	D	-1.07%
DTE	D	-1.06%
CLX	A	-1.03%
TAP	B	-1.03%
XEL	A	-1.01%
LYB	F	-1.01%
TROW	A	-1.01%
IBM	D	-0.99%
MTB	A	-0.99%
DOW	F	-0.98%
KHC	F	-0.98%
GIS	F	-0.98%
SJM	F	-0.97%
PRU	B	-0.97%
PNC	B	-0.97%
EXC	C	-0.97%
CTRA	B	-0.97%
EMN	D	-0.96%
D	D	-0.95%
IPG	F	-0.95%
C	B	-0.95%
HBAN	A	-0.94%
CPB	F	-0.94%
OWL	B	-0.91%
CAG	F	-0.91%
FNF	C	-0.9%
GLW	B	-0.89%
USB	B	-0.88%
FITB	A	-0.87%
RF	A	-0.87%
IP	B	-0.85%
KVUE	A	-0.83%
AMGN	F	-0.81%
FANG	C	-0.8%
DVN	F	-0.8%
GPC	D	-0.79%
OVV	C	-0.79%
UPS	C	-0.79%
PSX	C	-0.78%
CRBG	C	-0.77%
BG	D	-0.76%
CFG	B	-0.75%
KEY	B	-0.72%
STX	D	-0.72%
HRL	F	-0.71%
VLO	C	-0.7%
HPQ	B	-0.69%
TGT	C	-0.66%
CVS	F	-0.65%
ALLY	C	-0.58%
F	C	-0.55%
BBY	C	-0.54%
ADM	F	-0.5%
AES	F	-0.47%
DG	F	-0.4%
EL	F	-0.39%