FQAL vs. DIA ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to SPDR Dow Jones Industrial Average ETF (DIA)

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

$67.19

Average Daily Volume

29,912

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

DIA

SPDR Dow Jones Industrial Average ETF

DIA Description

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Dow Jones Industrial Average (the DJIA). The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the DJIA, with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the DJIA. The companies represented by the 30 stocks now comprising the DJIA are all leaders in their respective industries, and their stocks are widely held by individuals and institutional investors.

Grade (RS Rating)

Last Trade

$443.16

Average Daily Volume

3,267,674

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	DIA
30 Days	2.60%	4.30%
60 Days	4.35%	5.34%
90 Days	5.86%	8.03%
12 Months	30.56%	27.75%

14 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in DIA	Overlap
AAPL	C	6.62%	3.2%	3.2%
CAT	B	0.77%	5.44%	0.77%
CVX	A	0.68%	2.27%	0.68%
HD	A	1.5%	5.7%	1.5%
JNJ	D	1.35%	2.13%	1.35%
KO	D	0.66%	0.88%	0.66%
MCD	D	1.11%	4.19%	1.11%
MMM	D	0.5%	1.86%	0.5%
MSFT	F	6.3%	5.99%	5.99%
NVDA	C	7.24%	2.06%	2.06%
PG	A	0.98%	2.35%	0.98%
SHW	A	0.3%	5.46%	0.3%
V	A	1.61%	4.33%	1.61%
VZ	C	0.56%	0.57%	0.56%

FQAL Overweight 110 Positions Relative to DIA

Symbol	Grade	Weight
GOOGL	C	3.69%
META	D	2.51%
AVGO	D	2.0%
LLY	F	1.72%
MA	C	1.48%
BKNG	A	1.21%
XOM	B	1.16%
ABBV	D	1.14%
BX	A	1.05%
ACN	C	1.05%
BMY	B	1.02%
LOW	D	1.02%
COST	B	1.01%
PGR	A	1.0%
GILD	C	1.0%
ADBE	C	0.97%
NFLX	A	0.97%
FICO	B	0.96%
PANW	C	0.96%
AMP	A	0.92%
SPGI	C	0.92%
QCOM	F	0.91%
VRTX	F	0.86%
GRMN	B	0.86%
CME	A	0.85%
ORLY	B	0.84%
VEEV	C	0.84%
CPAY	A	0.82%
ZTS	D	0.81%
EWBC	A	0.78%
CFR	B	0.77%
AMAT	F	0.77%
MCO	B	0.76%
MSCI	C	0.75%
AZO	C	0.75%
ABNB	C	0.75%
JXN	C	0.74%
YUM	B	0.72%
ACGL	D	0.71%
CBSH	A	0.71%
DPZ	C	0.69%
LRCX	F	0.67%
IDXX	F	0.67%
KNSL	B	0.65%
QLYS	C	0.64%
ADP	B	0.64%
KLAC	D	0.64%
WSM	B	0.63%
PM	B	0.63%
UNP	C	0.61%
MTD	D	0.58%
MEDP	D	0.57%
T	A	0.57%
LMT	D	0.56%
CTAS	B	0.55%
GWW	B	0.55%
ITW	B	0.54%
FAST	B	0.53%
AME	A	0.52%
LIN	D	0.52%
TDG	D	0.49%
CSX	B	0.49%
PAYX	C	0.49%
CPRT	A	0.48%
NEE	D	0.47%
VRSK	A	0.46%
OTIS	C	0.45%
ODFL	B	0.45%
MO	A	0.44%
VST	B	0.43%
COP	C	0.41%
TTD	B	0.41%
MDLZ	F	0.38%
CL	D	0.36%
SO	D	0.36%
CEG	D	0.36%
WMB	A	0.34%
EOG	A	0.32%
MNST	C	0.31%
KMB	D	0.31%
TPL	A	0.31%
PLD	D	0.3%
LNG	B	0.28%
NRG	B	0.27%
AMT	D	0.27%
WEC	A	0.26%
SPG	B	0.25%
HSY	F	0.25%
FCX	D	0.24%
ECL	D	0.24%
PSA	D	0.23%
O	D	0.21%
NFG	A	0.2%
AM	A	0.19%
EXR	D	0.19%
UGI	A	0.19%
AVB	B	0.19%
MLM	B	0.19%
WHD	B	0.18%
VICI	C	0.18%
NUE	C	0.18%
RS	B	0.17%
EQR	B	0.17%
CF	B	0.17%
SBAC	D	0.16%
ESS	B	0.16%
EXP	A	0.16%
RGLD	C	0.15%
AVY	D	0.15%
GLPI	C	0.14%

FQAL Underweight 16 Positions Relative to DIA

Symbol	Grade	Weight
UNH	C	-8.33%
GS	A	-8.27%
CRM	B	-4.66%
AMGN	D	-4.16%
AXP	A	-4.05%
TRV	B	-3.6%
JPM	A	-3.4%
HON	B	-3.24%
AMZN	C	-2.97%
IBM	C	-2.93%
BA	F	-1.94%
DIS	B	-1.53%
MRK	F	-1.38%
WMT	A	-1.19%
NKE	D	-1.06%
CSCO	B	-0.81%