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

$67.17

Average Daily Volume

29,895

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

$35.08

Average Daily Volume

50,241

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	FLRG
30 Days	1.27%	1.35%
60 Days	5.83%	6.00%
90 Days	7.57%	7.95%
12 Months	32.15%	32.80%

44 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in FLRG	Overlap
ABBV	D	1.35%	1.29%	1.29%
ACGL	D	0.68%	1.02%	0.68%
ADP	A	0.64%	1.17%	0.64%
AMAT	F	0.87%	0.77%	0.77%
AVGO	C	2.17%	1.93%	1.93%
AZO	C	0.74%	0.87%	0.74%
BKNG	A	1.16%	1.15%	1.15%
CF	B	0.17%	0.91%	0.17%
CL	F	0.34%	0.82%	0.34%
FICO	B	0.9%	0.63%	0.63%
GOOGL	B	3.77%	3.46%	3.46%
HD	B	1.43%	1.62%	1.43%
JNJ	D	1.34%	1.35%	1.34%
JXN	B	0.79%	0.89%	0.79%
KLAC	F	0.69%	0.65%	0.65%
KMB	F	0.3%	0.75%	0.3%
LLY	F	1.8%	1.98%	1.8%
LMT	C	0.57%	1.2%	0.57%
LRCX	F	0.74%	0.63%	0.63%
MA	B	1.44%	1.64%	1.44%
MCD	C	1.09%	1.28%	1.09%
META	B	2.62%	2.47%	2.47%
MO	A	0.41%	0.82%	0.41%
MSFT	C	6.31%	6.44%	6.31%
NFG	C	0.19%	1.12%	0.19%
NFLX	A	0.91%	0.69%	0.69%
NUE	C	0.2%	0.82%	0.2%
NVDA	B	7.41%	6.08%	6.08%
ORLY	A	0.82%	0.91%	0.82%
PAYX	B	0.49%	1.04%	0.49%
PG	C	0.92%	1.43%	0.92%
PGR	A	0.98%	1.25%	0.98%
PM	C	0.59%	1.01%	0.59%
PSA	C	0.22%	1.04%	0.22%
QCOM	F	0.96%	0.81%	0.81%
QLYS	B	0.66%	0.42%	0.42%
T	A	0.54%	0.41%	0.41%
V	A	1.56%	1.66%	1.56%
VICI	D	0.17%	0.88%	0.17%
VRSK	A	0.45%	1.0%	0.45%
VRTX	B	0.91%	0.79%	0.79%
VST	B	0.4%	1.76%	0.4%
VZ	C	0.54%	0.47%	0.47%
WSM	F	0.63%	0.86%	0.63%

FQAL Overweight 80 Positions Relative to FLRG

Symbol	Grade	Weight
AAPL	C	6.53%
XOM	B	1.15%
GILD	C	1.09%
ACN	C	1.05%
LOW	B	0.99%
COST	B	0.99%
BX	A	0.99%
BMY	B	0.97%
ADBE	C	0.94%
PANW	A	0.94%
SPGI	C	0.89%
AMP	A	0.88%
VEEV	B	0.86%
GRMN	A	0.85%
CME	A	0.82%
ABNB	C	0.82%
CAT	C	0.8%
ZTS	D	0.79%
CPAY	A	0.77%
CFR	B	0.75%
EWBC	B	0.75%
YUM	B	0.73%
MCO	C	0.73%
MSCI	B	0.71%
DPZ	C	0.7%
IDXX	D	0.68%
MTD	F	0.68%
CBSH	A	0.66%
KO	F	0.66%
CVX	B	0.65%
MEDP	C	0.64%
UNP	C	0.62%
KNSL	C	0.61%
GWW	B	0.54%
CTAS	A	0.54%
ITW	A	0.53%
LIN	D	0.53%
FAST	A	0.52%
AME	A	0.5%
TDG	B	0.5%
MMM	C	0.5%
CSX	B	0.49%
ODFL	B	0.46%
CPRT	A	0.46%
NEE	D	0.45%
OTIS	C	0.45%
TTD	B	0.45%
COP	C	0.4%
MDLZ	F	0.38%
CEG	D	0.38%
SO	D	0.35%
WMB	B	0.33%
MNST	B	0.32%
SHW	A	0.3%
TPL	B	0.3%
EOG	A	0.29%
PLD	D	0.29%
AMT	F	0.27%
NRG	B	0.27%
LNG	B	0.26%
FCX	F	0.26%
HSY	D	0.25%
WEC	B	0.25%
SPG	B	0.24%
ECL	C	0.24%
MLM	B	0.2%
O	D	0.2%
WHD	B	0.18%
UGI	D	0.18%
EXR	D	0.18%
AVB	A	0.18%
AM	B	0.18%
EXP	B	0.17%
RS	B	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 57 Positions Relative to FLRG

Symbol	Grade	Weight
PCAR	B	-1.03%
ALSN	A	-1.02%
MLI	B	-1.0%
BCC	B	-0.97%
SNA	A	-0.97%
HIG	C	-0.95%
NVR	D	-0.94%
LEN	D	-0.91%
PHM	D	-0.91%
AMGN	F	-0.91%
IBM	C	-0.9%
DTM	B	-0.9%
EG	D	-0.9%
CRBG	C	-0.88%
SYF	B	-0.88%
OHI	C	-0.87%
MTG	C	-0.87%
HRB	D	-0.87%
ESNT	D	-0.87%
CI	D	-0.83%
RGA	A	-0.83%
CTRA	B	-0.83%
STLD	B	-0.81%
RDN	C	-0.81%
VLO	D	-0.81%
REGN	F	-0.8%
BRBR	A	-0.77%
UTHR	B	-0.7%
ANET	C	-0.68%
CNC	F	-0.67%
CRWD	B	-0.67%
CHRD	F	-0.67%
MOH	F	-0.65%
MSI	B	-0.64%
RPRX	F	-0.63%
APH	B	-0.61%
CDNS	B	-0.6%
MCK	A	-0.6%
ZM	B	-0.56%
NXPI	F	-0.55%
DELL	B	-0.54%
GDDY	A	-0.53%
CTSH	A	-0.52%
GEN	A	-0.51%
DBX	B	-0.5%
AKAM	F	-0.5%
ACIW	B	-0.5%
NTAP	D	-0.49%
CRUS	F	-0.47%
DOX	C	-0.47%
CVLT	A	-0.47%
DLB	C	-0.45%
SWKS	F	-0.43%
CMCSA	B	-0.41%
TMUS	A	-0.31%
EA	A	-0.17%
FOXA	A	-0.14%