FQAL vs. GSEW ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW)

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

GSEW

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

GSEW Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive US Large Cap Equal Weight Index (GTR). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index consists of equity securities of large capitalization U.S. issuers. The index is an equal-weight version of the Solactive US Large Cap Index, a market capitalization-weighted index that includes equity securities of approximately 500 of the largest U.S. companies.

Grade (RS Rating)

Last Trade

$82.13

Average Daily Volume

46,558

Number of Holdings ^*

489

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	GSEW
30 Days	2.60%	5.61%
60 Days	4.35%	6.23%
90 Days	5.86%	8.71%
12 Months	30.56%	32.95%

110 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in GSEW	Overlap
AAPL	C	6.62%	0.2%	0.2%
ABBV	D	1.14%	0.17%	0.17%
ABNB	C	0.75%	0.19%	0.19%
ACGL	D	0.71%	0.2%	0.2%
ACN	C	1.05%	0.21%	0.21%
ADBE	C	0.97%	0.21%	0.21%
ADP	B	0.64%	0.2%	0.2%
AMAT	F	0.77%	0.2%	0.2%
AME	A	0.52%	0.2%	0.2%
AMP	A	0.92%	0.2%	0.2%
AMT	D	0.27%	0.2%	0.2%
AVB	B	0.19%	0.21%	0.19%
AVGO	D	2.0%	0.19%	0.19%
AVY	D	0.15%	0.2%	0.15%
AZO	C	0.75%	0.2%	0.2%
BKNG	A	1.21%	0.2%	0.2%
BMY	B	1.02%	0.21%	0.21%
BX	A	1.05%	0.21%	0.21%
CAT	B	0.77%	0.19%	0.19%
CEG	D	0.36%	0.19%	0.19%
CF	B	0.17%	0.21%	0.17%
CL	D	0.36%	0.2%	0.2%
CME	A	0.85%	0.2%	0.2%
COP	C	0.41%	0.2%	0.2%
COST	B	1.01%	0.21%	0.21%
CPAY	A	0.82%	0.21%	0.21%
CPRT	A	0.48%	0.21%	0.21%
CSX	B	0.49%	0.19%	0.19%
CTAS	B	0.55%	0.2%	0.2%
CVX	A	0.68%	0.21%	0.21%
DPZ	C	0.69%	0.2%	0.2%
ECL	D	0.24%	0.2%	0.2%
EOG	A	0.32%	0.21%	0.21%
EQR	B	0.17%	0.21%	0.17%
ESS	B	0.16%	0.21%	0.16%
EXR	D	0.19%	0.21%	0.19%
FAST	B	0.53%	0.2%	0.2%
FCX	D	0.24%	0.18%	0.18%
FICO	B	0.96%	0.22%	0.22%
GILD	C	1.0%	0.2%	0.2%
GOOGL	C	3.69%	0.2%	0.2%
GRMN	B	0.86%	0.2%	0.2%
GWW	B	0.55%	0.2%	0.2%
HD	A	1.5%	0.21%	0.21%
HSY	F	0.25%	0.2%	0.2%
IDXX	F	0.67%	0.2%	0.2%
ITW	B	0.54%	0.2%	0.2%
JNJ	D	1.35%	0.19%	0.19%
KLAC	D	0.64%	0.19%	0.19%
KMB	D	0.31%	0.2%	0.2%
KO	D	0.66%	0.2%	0.2%
LIN	D	0.52%	0.2%	0.2%
LLY	F	1.72%	0.2%	0.2%
LMT	D	0.56%	0.2%	0.2%
LNG	B	0.28%	0.21%	0.21%
LOW	D	1.02%	0.21%	0.21%
LRCX	F	0.67%	0.2%	0.2%
MA	C	1.48%	0.2%	0.2%
MCD	D	1.11%	0.2%	0.2%
MCO	B	0.76%	0.21%	0.21%
MDLZ	F	0.38%	0.2%	0.2%
META	D	2.51%	0.21%	0.21%
MLM	B	0.19%	0.19%	0.19%
MMM	D	0.5%	0.2%	0.2%
MNST	C	0.31%	0.21%	0.21%
MO	A	0.44%	0.21%	0.21%
MSCI	C	0.75%	0.21%	0.21%
MSFT	F	6.3%	0.21%	0.21%
MTD	D	0.58%	0.18%	0.18%
NEE	D	0.47%	0.2%	0.2%
NFLX	A	0.97%	0.22%	0.22%
NRG	B	0.27%	0.2%	0.2%
NUE	C	0.18%	0.18%	0.18%
NVDA	C	7.24%	0.2%	0.2%
O	D	0.21%	0.2%	0.2%
ODFL	B	0.45%	0.2%	0.2%
ORLY	B	0.84%	0.2%	0.2%
OTIS	C	0.45%	0.2%	0.2%
PANW	C	0.96%	0.21%	0.21%
PAYX	C	0.49%	0.2%	0.2%
PG	A	0.98%	0.21%	0.21%
PGR	A	1.0%	0.2%	0.2%
PLD	D	0.3%	0.21%	0.21%
PM	B	0.63%	0.21%	0.21%
PSA	D	0.23%	0.21%	0.21%
QCOM	F	0.91%	0.19%	0.19%
RS	B	0.17%	0.19%	0.17%
SBAC	D	0.16%	0.2%	0.16%
SHW	A	0.3%	0.21%	0.21%
SO	D	0.36%	0.2%	0.2%
SPG	B	0.25%	0.21%	0.21%
SPGI	C	0.92%	0.21%	0.21%
T	A	0.57%	0.2%	0.2%
TDG	D	0.49%	0.19%	0.19%
TPL	A	0.31%	0.21%	0.21%
TTD	B	0.41%	0.2%	0.2%
UNP	C	0.61%	0.19%	0.19%
V	A	1.61%	0.2%	0.2%
VEEV	C	0.84%	0.21%	0.21%
VICI	C	0.18%	0.2%	0.18%
VRSK	A	0.46%	0.21%	0.21%
VRTX	F	0.86%	0.2%	0.2%
VST	B	0.43%	0.23%	0.23%
VZ	C	0.56%	0.2%	0.2%
WEC	A	0.26%	0.2%	0.2%
WMB	A	0.34%	0.2%	0.2%
WSM	B	0.63%	0.21%	0.21%
XOM	B	1.16%	0.2%	0.2%
YUM	B	0.72%	0.21%	0.21%
ZTS	D	0.81%	0.2%	0.2%

FQAL Overweight 14 Positions Relative to GSEW

Symbol	Grade	Weight
EWBC	A	0.78%
CFR	B	0.77%
JXN	C	0.74%
CBSH	A	0.71%
KNSL	B	0.65%
QLYS	C	0.64%
MEDP	D	0.57%
NFG	A	0.2%
AM	A	0.19%
UGI	A	0.19%
WHD	B	0.18%
EXP	A	0.16%
RGLD	C	0.15%
GLPI	C	0.14%

FQAL Underweight 379 Positions Relative to GSEW

Symbol	Grade	Weight
APP	B	-0.34%
AXON	A	-0.27%
MSTR	C	-0.26%
FTNT	C	-0.24%
WBD	C	-0.24%
MCK	B	-0.23%
FLUT	A	-0.23%
COIN	C	-0.23%
HUBS	A	-0.23%
EXPE	B	-0.22%
INTU	C	-0.22%
DECK	A	-0.22%
NTNX	A	-0.22%
CRWD	B	-0.22%
DLTR	F	-0.22%
VTRS	A	-0.22%
SQ	B	-0.22%
BURL	A	-0.22%
ZS	C	-0.22%
CRM	B	-0.22%
SNOW	C	-0.22%
TSN	B	-0.22%
TTWO	A	-0.22%
DXCM	D	-0.22%
TSLA	B	-0.22%
WDAY	B	-0.22%
DKNG	B	-0.22%
PODD	C	-0.22%
PLTR	B	-0.22%
TEAM	A	-0.22%
DIS	B	-0.22%
RF	A	-0.21%
AFL	B	-0.21%
SNA	A	-0.21%
HLT	A	-0.21%
WELL	A	-0.21%
TRGP	B	-0.21%
LEN	D	-0.21%
FTV	C	-0.21%
VRT	B	-0.21%
MPC	D	-0.21%
GWRE	A	-0.21%
EXPD	D	-0.21%
BLK	C	-0.21%
CNP	B	-0.21%
CTSH	B	-0.21%
EMR	A	-0.21%
FIS	C	-0.21%
MAR	B	-0.21%
BBY	D	-0.21%
AEE	A	-0.21%
PNC	B	-0.21%
TMUS	B	-0.21%
LH	C	-0.21%
EBAY	D	-0.21%
EL	F	-0.21%
APD	A	-0.21%
CMI	A	-0.21%
CB	C	-0.21%
LPLA	A	-0.21%
FITB	A	-0.21%
CMG	B	-0.21%
CBRE	B	-0.21%
DDOG	A	-0.21%
PCG	A	-0.21%
DLR	B	-0.21%
EVRG	A	-0.21%
MDB	C	-0.21%
WST	C	-0.21%
BG	F	-0.21%
LYV	A	-0.21%
ZM	B	-0.21%
AMZN	C	-0.21%
BLDR	D	-0.21%
ORCL	B	-0.21%
BALL	D	-0.21%
INTC	D	-0.21%
BKR	B	-0.21%
CHD	B	-0.21%
PNR	A	-0.21%
PEG	A	-0.21%
XEL	A	-0.21%
WSO	A	-0.21%
GEN	B	-0.21%
CTRA	B	-0.21%
SYK	C	-0.21%
EA	A	-0.21%
ALL	A	-0.21%
RCL	A	-0.21%
ROL	B	-0.21%
CI	F	-0.21%
DASH	A	-0.21%
MAA	B	-0.21%
LUV	C	-0.21%
SBUX	A	-0.21%
IBKR	A	-0.21%
TOL	B	-0.21%
ATO	A	-0.21%
OC	A	-0.21%
TGT	F	-0.21%
ISRG	A	-0.21%
TJX	A	-0.21%
FDS	B	-0.21%
BR	A	-0.21%
LNT	A	-0.21%
DAL	C	-0.21%
TT	A	-0.21%
NOW	A	-0.21%
JCI	C	-0.21%
MKL	A	-0.21%
MSI	B	-0.21%
OKE	A	-0.21%
KVUE	A	-0.21%
PWR	A	-0.21%
CAH	B	-0.21%
SRE	A	-0.21%
UAL	A	-0.21%
EQT	B	-0.21%
PYPL	B	-0.21%
STZ	D	-0.21%
GM	B	-0.21%
GDDY	A	-0.21%
SCHW	B	-0.21%
FDX	B	-0.21%
HON	B	-0.21%
CMCSA	B	-0.2%
NDSN	B	-0.2%
ENTG	D	-0.2%
GLW	B	-0.2%
STT	A	-0.2%
IP	B	-0.2%
STE	F	-0.2%
SYF	B	-0.2%
DFS	B	-0.2%
DE	A	-0.2%
UBER	D	-0.2%
GEV	B	-0.2%
HOLX	D	-0.2%
GIS	D	-0.2%
ARE	D	-0.2%
IEX	B	-0.2%
VMC	B	-0.2%
D	C	-0.2%
PKG	A	-0.2%
AXP	A	-0.2%
FE	C	-0.2%
DD	D	-0.2%
HCA	F	-0.2%
MKC	D	-0.2%
WAB	B	-0.2%
DUK	C	-0.2%
DTE	C	-0.2%
USB	A	-0.2%
PRU	A	-0.2%
OXY	D	-0.2%
RTX	C	-0.2%
NTAP	C	-0.2%
PPG	F	-0.2%
DRI	B	-0.2%
KEY	B	-0.2%
C	A	-0.2%
POOL	C	-0.2%
ROK	B	-0.2%
XYL	D	-0.2%
IBM	C	-0.2%
MAS	D	-0.2%
TER	D	-0.2%
GE	D	-0.2%
DELL	C	-0.2%
TXT	D	-0.2%
WY	D	-0.2%
DG	F	-0.2%
ABT	B	-0.2%
MET	A	-0.2%
ZBH	C	-0.2%
JPM	A	-0.2%
WAT	B	-0.2%
BK	A	-0.2%
BMRN	D	-0.2%
PH	A	-0.2%
ARES	A	-0.2%
WRB	A	-0.2%
KKR	A	-0.2%
CFG	B	-0.2%
COR	B	-0.2%
KR	B	-0.2%
CBOE	B	-0.2%
EXC	C	-0.2%
EME	C	-0.2%
MMC	B	-0.2%
CMS	C	-0.2%
PCAR	B	-0.2%
IRM	D	-0.2%
DVN	F	-0.2%
TROW	B	-0.2%
FANG	D	-0.2%
TRMB	B	-0.2%
NTRS	A	-0.2%
HAL	C	-0.2%
WTW	B	-0.2%
AON	A	-0.2%
DHI	D	-0.2%
BRO	B	-0.2%
AWK	D	-0.2%
UPS	C	-0.2%
HUM	C	-0.2%
GS	A	-0.2%
CCI	D	-0.2%
CINF	A	-0.2%
ETN	A	-0.2%
TDY	B	-0.2%
ADM	D	-0.2%
WFC	A	-0.2%
AIG	B	-0.2%
K	A	-0.2%
EFX	F	-0.2%
MRVL	B	-0.2%
TFC	A	-0.2%
UNH	C	-0.2%
FI	A	-0.2%
DOV	A	-0.2%
ETR	B	-0.2%
CSGP	D	-0.2%
HWM	A	-0.2%
MANH	D	-0.2%
MRO	B	-0.2%
SNPS	B	-0.2%
NET	B	-0.2%
RJF	A	-0.2%
WPC	D	-0.2%
ROP	B	-0.2%
L	A	-0.2%
BRK.A	B	-0.2%
CSL	C	-0.2%
VRSN	F	-0.2%
PFG	D	-0.2%
EW	C	-0.2%
NKE	D	-0.2%
F	C	-0.2%
CARR	D	-0.2%
MS	A	-0.2%
HIG	B	-0.2%
ULTA	F	-0.2%
NVR	D	-0.2%
CSCO	B	-0.2%
PEP	F	-0.2%
SLB	C	-0.2%
HPQ	B	-0.2%
EIX	B	-0.2%
ES	D	-0.2%
CLX	B	-0.2%
HES	B	-0.2%
IFF	D	-0.2%
VLTO	D	-0.2%
APO	B	-0.2%
FNF	B	-0.2%
HPE	B	-0.2%
MTB	A	-0.2%
IR	B	-0.2%
FSLR	F	-0.2%
OMC	C	-0.2%
ALGN	D	-0.2%
IT	C	-0.2%
HBAN	A	-0.2%
VLO	C	-0.2%
TRV	B	-0.2%
CCL	B	-0.2%
KDP	D	-0.2%
ICE	C	-0.2%
GGG	B	-0.2%
WM	A	-0.2%
BAC	A	-0.2%
ZBRA	B	-0.2%
EG	C	-0.2%
PHM	D	-0.2%
WMT	A	-0.2%
RBLX	C	-0.2%
SSNC	B	-0.2%
ROST	C	-0.2%
RSG	A	-0.2%
BSX	B	-0.2%
LII	A	-0.2%
VTR	C	-0.2%
ANSS	B	-0.2%
CVNA	B	-0.2%
APH	A	-0.2%
KMI	A	-0.2%
DGX	A	-0.2%
PSX	C	-0.2%
PPL	B	-0.2%
GPC	D	-0.2%
EQIX	A	-0.2%
INVH	D	-0.2%
NI	A	-0.2%
TW	A	-0.2%
RPM	A	-0.2%
ADSK	A	-0.2%
NDAQ	A	-0.2%
GPN	B	-0.2%
CDNS	B	-0.2%
AJG	B	-0.2%
KIM	A	-0.2%
TYL	B	-0.2%
AMGN	D	-0.19%
AVTR	F	-0.19%
ON	D	-0.19%
HUBB	B	-0.19%
MOH	F	-0.19%
PSTG	D	-0.19%
DOW	F	-0.19%
BA	F	-0.19%
SWKS	F	-0.19%
IQV	D	-0.19%
RVTY	F	-0.19%
CTVA	C	-0.19%
ADI	D	-0.19%
STX	D	-0.19%
ILMN	D	-0.19%
CAG	D	-0.19%
CNC	D	-0.19%
A	D	-0.19%
EXAS	D	-0.19%
BIIB	F	-0.19%
JBL	B	-0.19%
ALNY	D	-0.19%
KHC	F	-0.19%
RMD	C	-0.19%
SWK	D	-0.19%
PFE	D	-0.19%
J	F	-0.19%
JBHT	C	-0.19%
SW	A	-0.19%
NOC	D	-0.19%
TMO	F	-0.19%
KEYS	A	-0.19%
GD	F	-0.19%
BDX	F	-0.19%
REGN	F	-0.19%
JKHY	D	-0.19%
SUI	D	-0.19%
DOC	D	-0.19%
GEHC	F	-0.19%
ELV	F	-0.19%
NSC	B	-0.19%
LVS	C	-0.19%
MDT	D	-0.19%
ED	D	-0.19%
DHR	F	-0.19%
LYB	F	-0.19%
FCNCA	A	-0.19%
LHX	C	-0.19%
TSCO	D	-0.19%
AEP	D	-0.19%
COF	B	-0.19%
TRU	D	-0.19%
PTC	A	-0.19%
AMD	F	-0.19%
SYY	B	-0.19%
URI	B	-0.19%
MRK	F	-0.19%
TXN	C	-0.19%
CHTR	C	-0.19%
PINS	D	-0.18%
BAX	D	-0.18%
MCHP	D	-0.18%
CDW	F	-0.18%
MU	D	-0.18%
STLD	B	-0.18%
CVS	D	-0.18%
WDC	D	-0.18%
NEM	D	-0.18%
ANET	C	-0.18%
SMCI	F	-0.17%
BAH	F	-0.17%
AKAM	D	-0.17%
LDOS	C	-0.17%
CE	F	-0.16%
MPWR	F	-0.15%
MRNA	F	-0.15%