FQAL vs. FTXO ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to First Trust Nasdaq Bank ETF (FTXO)

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

$64.64

Average Daily Volume

32,274

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

FTXO

First Trust Nasdaq Bank ETF

FTXO Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq US Smart Banks Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.28

Average Daily Volume

18,301

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	FTXO
30 Days	1.52%	-4.55%
60 Days	6.98%	4.08%
90 Days	4.72%	6.44%
12 Months	34.40%	47.12%

3 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in FTXO	Overlap
CBSH	D	0.6%	0.6%	0.6%
CFR	D	0.63%	0.77%	0.63%
EWBC	D	0.63%	1.46%	0.63%

FQAL Overweight 121 Positions Relative to FTXO

Symbol	Grade	Weight
AAPL	C	6.81%
MSFT	D	6.61%
NVDA	C	6.3%
GOOGL	B	3.57%
META	A	2.61%
AVGO	C	2.13%
LLY	D	2.06%
HD	A	1.49%
V	C	1.46%
JNJ	D	1.44%
MA	A	1.43%
ABBV	A	1.37%
MCD	A	1.17%
XOM	A	1.14%
ACN	B	1.06%
BKNG	C	1.05%
LOW	A	1.03%
PG	C	1.02%
ADBE	F	1.01%
COST	C	1.0%
PGR	C	1.0%
QCOM	D	0.99%
GILD	A	0.97%
SPGI	C	0.96%
AMAT	B	0.95%
BMY	B	0.94%
ZTS	C	0.92%
BX	C	0.91%
VRTX	D	0.87%
PANW	D	0.85%
CME	A	0.84%
VEEV	C	0.84%
NFLX	A	0.84%
KLAC	B	0.83%
FICO	A	0.83%
IDXX	D	0.83%
ORLY	A	0.81%
LRCX	D	0.81%
ACGL	A	0.8%
AZO	D	0.79%
CAT	A	0.79%
MCO	D	0.78%
KO	C	0.78%
AMP	A	0.78%
YUM	A	0.77%
MTD	B	0.75%
WSM	B	0.75%
MSCI	B	0.74%
ABNB	D	0.74%
GRMN	D	0.73%
CPAY	A	0.72%
DPZ	D	0.7%
JXN	A	0.68%
KNSL	D	0.66%
UNP	D	0.65%
CVX	B	0.63%
VZ	A	0.62%
MEDP	F	0.62%
LMT	A	0.62%
PM	C	0.6%
ADP	A	0.59%
QLYS	F	0.58%
LIN	B	0.57%
T	A	0.56%
TDG	A	0.55%
ITW	A	0.54%
MMM	C	0.54%
NEE	A	0.53%
CTAS	B	0.52%
OTIS	A	0.49%
GWW	A	0.49%
CSX	D	0.49%
PAYX	A	0.47%
FAST	B	0.47%
AME	D	0.47%
MDLZ	C	0.45%
CPRT	B	0.45%
VRSK	D	0.44%
ODFL	D	0.42%
CEG	B	0.42%
CL	D	0.41%
MO	D	0.41%
TTD	C	0.39%
COP	D	0.39%
SO	A	0.38%
VST	A	0.36%
PLD	D	0.34%
KMB	B	0.34%
AMT	C	0.32%
SHW	B	0.31%
MNST	D	0.31%
EOG	B	0.3%
HSY	D	0.29%
FCX	B	0.29%
WMB	A	0.28%
NRG	A	0.27%
WEC	A	0.26%
ECL	B	0.26%
PSA	C	0.25%
LNG	A	0.24%
O	A	0.23%
SPG	A	0.23%
TPL	B	0.21%
UGI	C	0.2%
NFG	A	0.2%
EXR	C	0.2%
AM	A	0.19%
AVB	C	0.19%
NUE	D	0.19%
VICI	C	0.19%
CF	A	0.18%
MLM	D	0.18%
AVY	C	0.17%
EQR	C	0.17%
SBAC	B	0.17%
RS	D	0.16%
EXP	C	0.16%
ESS	C	0.16%
WHD	B	0.16%
GLPI	A	0.15%
RGLD	C	0.15%

FQAL Underweight 47 Positions Relative to FTXO

Symbol	Grade	Weight
C	B	-7.97%
BAC	D	-7.85%
WFC	D	-7.8%
USB	C	-7.76%
JPM	D	-7.55%
MTB	C	-4.12%
PNC	C	-4.01%
CFG	D	-3.81%
FCNCA	D	-3.74%
FITB	C	-3.73%
HBAN	D	-3.59%
RF	C	-3.36%
KEY	C	-2.56%
WBS	D	-1.78%
FHN	D	-1.71%
PB	D	-1.5%
WAL	C	-1.32%
PNFP	D	-1.23%
SSB	C	-1.18%
COLB	C	-1.12%
BOKF	D	-1.11%
BPOP	D	-1.08%
ONB	D	-1.08%
WTFC	D	-1.07%
ZION	D	-1.04%
OZK	F	-1.01%
UBSI	D	-0.98%
SNV	D	-0.95%
HWC	D	-0.79%
HOMB	D	-0.79%
ABCB	C	-0.74%
UMBF	C	-0.68%
CATY	D	-0.57%
FULT	D	-0.52%
FFIN	D	-0.52%
BKU	D	-0.52%
FBP	D	-0.51%
TBBK	C	-0.51%
SFBS	D	-0.5%
IBOC	D	-0.5%
BANF	D	-0.5%
PRK	D	-0.49%
WSFS	D	-0.49%
CBU	D	-0.48%
WAFD	D	-0.48%
FFBC	D	-0.48%
AX	D	-0.46%