FQAL vs. HIBL ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL)

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

$67.55

Average Daily Volume

29,494

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

HIBL

Direxion Daily S&P 500 High Beta Bull 3X Shares

HIBL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P 500Â® High Beta Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index provider selects 100 securities to include in the index from the S&P 500Â® Index that have the highest sensitivity to market movements, or beta over the past 12 months as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$48.60

Average Daily Volume

75,112

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	HIBL
30 Days	3.15%	4.02%
60 Days	9.40%	42.90%
90 Days	11.81%	40.51%
12 Months	37.01%	110.07%

19 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in HIBL	Overlap
ABNB	D	0.78%	0.76%	0.76%
ADBE	F	0.94%	0.54%	0.54%
AMAT	D	0.85%	0.87%	0.85%
AVGO	B	2.15%	1.16%	1.16%
BKNG	B	1.09%	0.71%	0.71%
BX	A	1.0%	0.84%	0.84%
CEG	D	0.42%	0.74%	0.42%
CPRT	B	0.45%	0.54%	0.45%
FCX	C	0.26%	0.62%	0.26%
FICO	B	0.85%	0.64%	0.64%
IDXX	F	0.73%	0.48%	0.48%
KLAC	F	0.72%	0.8%	0.72%
LRCX	D	0.74%	0.88%	0.74%
META	B	2.69%	0.85%	0.85%
MLM	B	0.2%	0.54%	0.2%
NVDA	B	7.14%	1.46%	1.46%
PANW	A	0.9%	0.72%	0.72%
QCOM	C	0.96%	0.8%	0.8%
VST	B	0.38%	0.9%	0.38%

FQAL Overweight 105 Positions Relative to HIBL

Symbol	Grade	Weight
AAPL	B	6.8%
MSFT	C	6.6%
GOOGL	B	3.75%
LLY	D	1.96%
V	B	1.52%
MA	A	1.47%
HD	B	1.45%
JNJ	D	1.41%
ABBV	B	1.4%
XOM	B	1.14%
MCD	D	1.11%
ACN	C	1.04%
GILD	B	1.01%
LOW	B	1.0%
COST	B	0.98%
PG	D	0.97%
PGR	B	0.96%
BMY	C	0.96%
SPGI	D	0.9%
NFLX	A	0.89%
VRTX	A	0.88%
CME	B	0.86%
AMP	B	0.85%
VEEV	B	0.85%
ZTS	F	0.85%
GRMN	B	0.85%
ORLY	B	0.81%
CPAY	B	0.76%
CAT	B	0.76%
EWBC	B	0.75%
JXN	B	0.75%
ACGL	D	0.74%
MCO	C	0.74%
CFR	B	0.73%
YUM	C	0.73%
AZO	D	0.73%
MSCI	B	0.72%
KO	D	0.71%
DPZ	C	0.66%
PM	C	0.65%
MTD	F	0.65%
WSM	F	0.64%
ADP	A	0.63%
CVX	B	0.63%
CBSH	A	0.63%
KNSL	D	0.61%
UNP	D	0.61%
MEDP	D	0.59%
LMT	D	0.58%
LIN	D	0.56%
T	B	0.56%
VZ	D	0.56%
CTAS	A	0.53%
ITW	B	0.53%
QLYS	C	0.53%
TDG	C	0.52%
FAST	B	0.51%
GWW	A	0.51%
MMM	C	0.5%
NEE	D	0.49%
PAYX	A	0.49%
CSX	B	0.47%
VRSK	A	0.46%
AME	A	0.46%
OTIS	B	0.45%
TTD	B	0.43%
ODFL	B	0.43%
MDLZ	F	0.42%
MO	B	0.4%
COP	C	0.38%
CL	F	0.37%
SO	D	0.37%
WMB	B	0.32%
PLD	F	0.31%
MNST	B	0.31%
KMB	D	0.31%
AMT	F	0.3%
EOG	B	0.29%
SHW	B	0.29%
TPL	B	0.27%
WEC	B	0.26%
NRG	B	0.26%
HSY	F	0.26%
ECL	D	0.25%
SPG	A	0.24%
LNG	A	0.24%
PSA	D	0.23%
O	D	0.22%
NFG	C	0.2%
VICI	D	0.19%
AVB	A	0.19%
EXR	D	0.19%
UGI	D	0.19%
NUE	C	0.18%
AM	B	0.18%
CF	B	0.17%
SBAC	D	0.17%
EQR	D	0.17%
RS	B	0.16%
ESS	C	0.16%
WHD	B	0.16%
RGLD	B	0.16%
EXP	B	0.16%
GLPI	D	0.15%
AVY	F	0.15%

FQAL Underweight 78 Positions Relative to HIBL

Symbol	Grade	Weight
TSLA	B	-1.26%
NCLH	B	-1.2%
CCL	B	-1.15%
AMD	F	-1.12%
UAL	A	-1.07%
MPWR	F	-1.06%
ANET	C	-1.05%
CRWD	C	-1.05%
ALB	C	-1.01%
BLDR	D	-0.96%
MU	C	-0.96%
GNRC	A	-0.95%
CZR	D	-0.92%
URI	B	-0.92%
ON	D	-0.88%
RCL	B	-0.86%
DAY	A	-0.86%
TER	F	-0.85%
JBL	C	-0.83%
KKR	B	-0.83%
CDNS	B	-0.82%
WDC	C	-0.81%
ORCL	A	-0.8%
PWR	A	-0.79%
SNPS	B	-0.79%
NOW	B	-0.76%
AMZN	B	-0.76%
ETN	A	-0.75%
HUBB	B	-0.74%
MCHP	F	-0.74%
ALGN	F	-0.74%
ADSK	A	-0.73%
NXPI	D	-0.72%
PYPL	A	-0.72%
CRM	A	-0.72%
SMCI	F	-0.72%
BXP	B	-0.72%
PH	B	-0.71%
LW	C	-0.7%
UBER	F	-0.7%
INTC	C	-0.7%
CARR	D	-0.68%
KEY	B	-0.68%
KEYS	A	-0.68%
ZBRA	B	-0.68%
PODD	B	-0.66%
ADI	D	-0.64%
LULU	D	-0.64%
ROK	B	-0.63%
PHM	D	-0.6%
GOOG	B	-0.6%
INTU	A	-0.6%
ISRG	A	-0.6%
DECK	B	-0.6%
CRL	D	-0.59%
IVZ	B	-0.59%
APH	B	-0.59%
SWKS	F	-0.58%
ANSS	B	-0.58%
FSLR	F	-0.58%
TROW	B	-0.58%
RMD	B	-0.57%
ENPH	F	-0.57%
GE	C	-0.56%
TXN	A	-0.56%
MHK	D	-0.56%
KMX	F	-0.55%
ARE	D	-0.55%
WBD	C	-0.53%
LEN	D	-0.53%
MGM	F	-0.53%
EFX	D	-0.52%
DHI	D	-0.51%
IQV	F	-0.48%
EPAM	C	-0.47%
AES	F	-0.44%
QRVO	F	-0.43%
APTV	F	-0.41%