FQAL vs. FDMO ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to Fidelity Momentum Factor ETF (FDMO)

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

$67.20

Average Daily Volume

29,895

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

FDMO

Fidelity Momentum Factor ETF

FDMO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.

Grade (RS Rating)

Last Trade

$71.18

Average Daily Volume

50,678

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	FDMO
30 Days	1.27%	3.95%
60 Days	5.83%	10.72%
90 Days	7.57%	11.64%
12 Months	32.15%	44.52%

45 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in FDMO	Overlap
ABBV	D	1.35%	1.25%	1.25%
AMAT	F	0.87%	1.28%	0.87%
AMT	F	0.27%	0.26%	0.26%
AVB	A	0.18%	0.18%	0.18%
AVGO	C	2.17%	2.66%	2.17%
AVY	F	0.15%	0.14%	0.14%
BKNG	A	1.16%	0.81%	0.81%
CAT	C	0.8%	0.72%	0.72%
CEG	D	0.38%	0.32%	0.32%
CL	F	0.34%	0.32%	0.32%
COST	B	0.99%	0.96%	0.96%
CTAS	A	0.54%	0.52%	0.52%
ECL	C	0.24%	0.23%	0.23%
ESS	C	0.15%	0.15%	0.15%
EXR	D	0.18%	0.18%	0.18%
FCX	F	0.26%	0.23%	0.23%
GOOGL	B	3.77%	3.52%	3.52%
HD	B	1.43%	1.13%	1.13%
JXN	B	0.79%	0.51%	0.51%
KLAC	F	0.69%	1.09%	0.69%
KO	F	0.66%	0.62%	0.62%
LIN	D	0.53%	0.49%	0.49%
LLY	F	1.8%	1.75%	1.75%
META	B	2.62%	2.46%	2.46%
MLM	B	0.2%	0.18%	0.18%
MSFT	C	6.31%	6.44%	6.31%
NEE	D	0.45%	0.41%	0.41%
NFLX	A	0.91%	0.84%	0.84%
NRG	B	0.27%	0.22%	0.22%
NVDA	B	7.41%	7.63%	7.41%
PG	C	0.92%	0.89%	0.89%
PGR	A	0.98%	0.74%	0.74%
PM	C	0.59%	0.56%	0.56%
PSA	C	0.22%	0.22%	0.22%
SHW	A	0.3%	0.28%	0.28%
SO	D	0.35%	0.31%	0.31%
SPG	B	0.24%	0.23%	0.23%
T	A	0.54%	0.51%	0.51%
TDG	B	0.5%	0.48%	0.48%
V	A	1.56%	1.28%	1.28%
VST	B	0.4%	0.34%	0.34%
VZ	C	0.54%	0.49%	0.49%
WMB	B	0.33%	0.38%	0.33%
WSM	F	0.63%	0.38%	0.38%
XOM	B	1.15%	1.14%	1.14%

FQAL Overweight 79 Positions Relative to FDMO

Symbol	Grade	Weight
AAPL	C	6.53%
MA	B	1.44%
JNJ	D	1.34%
GILD	C	1.09%
MCD	C	1.09%
ACN	C	1.05%
LOW	B	0.99%
BX	A	0.99%
BMY	B	0.97%
QCOM	F	0.96%
ADBE	C	0.94%
PANW	A	0.94%
VRTX	B	0.91%
FICO	B	0.9%
SPGI	C	0.89%
AMP	A	0.88%
VEEV	B	0.86%
GRMN	A	0.85%
CME	A	0.82%
ORLY	A	0.82%
ABNB	C	0.82%
ZTS	D	0.79%
CPAY	A	0.77%
CFR	B	0.75%
EWBC	B	0.75%
AZO	C	0.74%
LRCX	F	0.74%
YUM	B	0.73%
MCO	C	0.73%
MSCI	B	0.71%
DPZ	C	0.7%
IDXX	D	0.68%
ACGL	D	0.68%
MTD	F	0.68%
CBSH	A	0.66%
QLYS	B	0.66%
CVX	B	0.65%
MEDP	C	0.64%
ADP	A	0.64%
UNP	C	0.62%
KNSL	C	0.61%
LMT	C	0.57%
GWW	B	0.54%
ITW	A	0.53%
FAST	A	0.52%
AME	A	0.5%
MMM	C	0.5%
CSX	B	0.49%
PAYX	B	0.49%
ODFL	B	0.46%
CPRT	A	0.46%
VRSK	A	0.45%
OTIS	C	0.45%
TTD	B	0.45%
MO	A	0.41%
COP	C	0.4%
MDLZ	F	0.38%
MNST	B	0.32%
KMB	F	0.3%
TPL	B	0.3%
EOG	A	0.29%
PLD	D	0.29%
LNG	B	0.26%
HSY	D	0.25%
WEC	B	0.25%
NUE	C	0.2%
O	D	0.2%
NFG	C	0.19%
WHD	B	0.18%
UGI	D	0.18%
AM	B	0.18%
CF	B	0.17%
EXP	B	0.17%
RS	B	0.17%
VICI	D	0.17%
SBAC	D	0.16%
EQR	C	0.16%
RGLD	C	0.15%
GLPI	D	0.14%

FQAL Underweight 78 Positions Relative to FDMO

Symbol	Grade	Weight
APP	B	-4.07%
AMZN	A	-3.72%
BRK.A	B	-1.86%
CRWD	B	-1.65%
JPM	B	-1.61%
ANET	C	-1.39%
APH	B	-1.38%
MU	D	-1.35%
DELL	B	-1.34%
GDDY	A	-1.34%
ISRG	A	-1.06%
MRK	F	-1.0%
BAC	A	-0.97%
BSX	A	-0.94%
WFC	A	-0.9%
AMGN	F	-0.89%
WMT	A	-0.88%
NTRA	B	-0.82%
GS	B	-0.79%
AXP	B	-0.73%
MCK	A	-0.73%
THC	B	-0.71%
CVNA	B	-0.7%
GE	C	-0.7%
KKR	B	-0.67%
ELV	F	-0.66%
UBER	F	-0.65%
C	A	-0.65%
ETN	A	-0.65%
TJX	B	-0.64%
RTX	C	-0.63%
VRT	B	-0.63%
REGN	F	-0.62%
HOOD	B	-0.62%
CB	C	-0.6%
COIN	B	-0.58%
CMG	B	-0.57%
HLT	A	-0.57%
TT	A	-0.56%
ALL	A	-0.52%
WM	A	-0.5%
EME	B	-0.5%
DECK	B	-0.5%
FIX	B	-0.49%
LDOS	B	-0.49%
HIG	C	-0.48%
WAB	A	-0.48%
GD	A	-0.47%
TMUS	A	-0.46%
RSG	A	-0.42%
ANF	D	-0.41%
SMCI	F	-0.4%
CSL	B	-0.4%
WING	D	-0.38%
OKE	A	-0.37%
TRGP	B	-0.36%
SFM	B	-0.33%
DUK	D	-0.29%
EQIX	B	-0.28%
FRPT	B	-0.28%
WELL	B	-0.28%
MPC	D	-0.27%
PSX	D	-0.27%
CASY	B	-0.25%
DLR	C	-0.24%
FANG	D	-0.24%
AEP	D	-0.22%
FTI	B	-0.22%
PEG	C	-0.22%
IRM	D	-0.18%
STLD	B	-0.17%
WFRD	D	-0.17%
PKG	B	-0.17%
ELF	C	-0.16%
SLG	C	-0.15%
CRS	B	-0.15%
LAMR	D	-0.14%
IFF	F	-0.14%