FQAL vs. FLRG ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to Fidelity U.S. Multifactor ETF (FLRG)

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

$64.20

Average Daily Volume

46,267

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

FLRG

Fidelity U.S. Multifactor ETF

FLRG Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Multifactor Index?. The fund normally invests at least 80% of its assets in securities included in the Fidelity U.S. Multifactor Index?. The Fidelity U.S. Multifactor Index? is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$33.44

Average Daily Volume

18,914

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	FLRG
30 Days	1.42%	1.02%
60 Days	3.09%	3.15%
90 Days	4.74%	5.72%
12 Months	30.72%	30.44%

45 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in FLRG	Overlap
AAPL	C	6.81%	6.58%	6.58%
ABBV	C	1.39%	1.36%	1.36%
ACGL	B	0.8%	0.98%	0.8%
ACN	C	1.08%	0.6%	0.6%
ADBE	F	1.17%	0.66%	0.66%
ADP	B	0.62%	1.05%	0.62%
AMAT	F	0.87%	0.55%	0.55%
AVGO	C	2.07%	1.51%	1.51%
AZO	D	0.78%	0.96%	0.78%
BKNG	B	0.98%	0.93%	0.93%
CF	C	0.16%	0.7%	0.16%
CL	C	0.43%	0.93%	0.43%
CME	C	0.85%	0.88%	0.85%
FICO	B	0.82%	0.37%	0.37%
GILD	B	0.98%	0.8%	0.8%
GOOGL	D	3.44%	3.83%	3.44%
HD	A	1.43%	1.44%	1.43%
JNJ	C	1.5%	1.43%	1.43%
KLAC	D	0.79%	0.45%	0.45%
KMB	D	0.34%	0.82%	0.34%
LLY	C	2.24%	2.02%	2.02%
LMT	B	0.62%	1.24%	0.62%
LNG	C	0.24%	0.94%	0.24%
LRCX	F	0.75%	0.4%	0.4%
MA	C	1.45%	1.51%	1.45%
MCD	B	1.15%	1.09%	1.09%
META	A	2.47%	2.39%	2.39%
MO	D	0.43%	0.96%	0.43%
MSFT	C	6.74%	6.2%	6.2%
NFG	B	0.2%	1.19%	0.2%
NUE	F	0.18%	0.64%	0.18%
NVDA	D	6.31%	5.59%	5.59%
ORLY	D	0.8%	0.95%	0.8%
PAYX	C	0.48%	0.9%	0.48%
PG	C	1.04%	1.47%	1.04%
PM	C	0.63%	1.17%	0.63%
PSA	B	0.26%	0.9%	0.26%
QLYS	F	0.56%	0.17%	0.17%
T	C	0.57%	0.5%	0.5%
V	C	1.54%	1.56%	1.54%
VICI	C	0.2%	0.81%	0.2%
VRSK	D	0.46%	0.92%	0.46%
VRTX	D	0.92%	0.96%	0.92%
VST	A	0.25%	1.63%	0.25%
VZ	B	0.62%	0.54%	0.54%

FQAL Overweight 79 Positions Relative to FLRG

Symbol	Grade	Weight
XOM	D	1.12%
COST	B	1.06%
PGR	A	1.02%
SPGI	A	0.99%
LOW	A	0.99%
QCOM	F	0.98%
ZTS	C	0.92%
BMY	C	0.91%
VEEV	C	0.9%
PANW	C	0.89%
BX	B	0.88%
NFLX	B	0.84%
IDXX	D	0.83%
MCO	A	0.8%
GRMN	D	0.79%
KO	B	0.79%
YUM	F	0.75%
AMP	B	0.74%
MSCI	C	0.73%
CPAY	C	0.72%
MTD	D	0.71%
CAT	B	0.7%
ABNB	D	0.69%
WSM	D	0.68%
DPZ	D	0.68%
KNSL	C	0.67%
UNP	C	0.67%
MEDP	D	0.66%
JXN	B	0.63%
CBSH	D	0.63%
EWBC	D	0.62%
CFR	C	0.61%
CVX	D	0.61%
LIN	B	0.57%
CTAS	C	0.54%
TDG	B	0.54%
MMM	A	0.53%
NEE	C	0.53%
ITW	C	0.51%
CSX	D	0.49%
GWW	A	0.48%
FAST	C	0.47%
AME	C	0.47%
MDLZ	C	0.46%
CPRT	D	0.44%
OTIS	C	0.44%
ODFL	D	0.42%
COP	D	0.39%
SO	A	0.38%
TTD	B	0.38%
PLD	C	0.36%
AMT	C	0.34%
CEG	A	0.32%
MNST	D	0.31%
SHW	B	0.31%
HSY	D	0.3%
EOG	D	0.29%
WMB	B	0.28%
ECL	A	0.26%
WEC	B	0.26%
O	C	0.24%
NRG	A	0.24%
FCX	D	0.24%
SPG	A	0.23%
EXR	B	0.21%
AVB	C	0.2%
EQR	C	0.19%
UGI	C	0.19%
TPL	A	0.19%
MLM	D	0.18%
SBAC	C	0.18%
AM	B	0.18%
AVY	D	0.17%
ESS	C	0.17%
GLPI	C	0.16%
WHD	C	0.16%
EXP	B	0.15%
RS	D	0.15%
RGLD	B	0.15%

FQAL Underweight 55 Positions Relative to FLRG

Symbol	Grade	Weight
AFL	C	-1.09%
ALSN	B	-1.08%
MLI	A	-1.07%
FCNCA	D	-1.04%
AMGN	B	-1.0%
UTHR	C	-0.98%
OHI	C	-0.97%
MTH	B	-0.95%
MCK	F	-0.95%
PHM	B	-0.95%
VLO	F	-0.95%
RGA	B	-0.94%
LEN	C	-0.94%
TMHC	B	-0.93%
NVR	B	-0.93%
MTG	B	-0.93%
REGN	C	-0.93%
SYF	C	-0.92%
RDN	C	-0.91%
CBOE	C	-0.84%
ESNT	B	-0.84%
CHRD	F	-0.82%
PCAR	D	-0.82%
CTRA	D	-0.81%
SNA	C	-0.78%
EG	C	-0.76%
STLD	D	-0.75%
BCC	C	-0.74%
CNC	C	-0.73%
BLDR	C	-0.7%
MOH	D	-0.66%
RPRX	D	-0.64%
BRBR	C	-0.58%
CSCO	B	-0.58%
INTU	C	-0.57%
IBM	A	-0.57%
NOW	A	-0.55%
CMCSA	D	-0.49%
ANET	A	-0.43%
SNPS	D	-0.36%
CDNS	D	-0.33%
DELL	C	-0.32%
EA	D	-0.3%
CTSH	C	-0.29%
FOXA	B	-0.27%
SWKS	F	-0.26%
FTNT	B	-0.26%
VRSN	D	-0.25%
MANH	A	-0.25%
NYT	C	-0.24%
DOX	C	-0.23%
ZM	C	-0.23%
DLB	D	-0.21%
AKAM	D	-0.2%
DBX	D	-0.17%