FQAL vs. JPUS ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to JPMorgan Diversified Return U.S. Equity ETF (JPUS)

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

$64.50

Average Daily Volume

46,112

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

JPUS

JPMorgan Diversified Return U.S. Equity ETF

JPUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 1000 Diversified Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser. Holdings in the underlying index are selected by the index provider primarily from the constituents of the Russell 1000 Index, a larger Russell index, which is comprised of large- and mid-cap equity securities in the United States.

Grade (RS Rating)

Last Trade

$119.21

Average Daily Volume

7,891

Number of Holdings ^*

354

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	JPUS
30 Days	1.99%	3.61%
60 Days	4.59%	6.37%
90 Days	4.90%	8.24%
12 Months	28.74%	24.93%

76 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in JPUS	Overlap
AAPL	C	6.81%	0.36%	0.36%
ABBV	C	1.39%	0.38%	0.38%
ACGL	C	0.8%	0.35%	0.35%
ACN	C	1.08%	0.33%	0.33%
ADBE	F	1.17%	0.06%	0.06%
AM	C	0.18%	0.37%	0.18%
AMAT	D	0.87%	0.29%	0.29%
AME	C	0.47%	0.23%	0.23%
AMP	A	0.74%	0.23%	0.23%
AVB	B	0.2%	0.34%	0.2%
AVGO	C	2.07%	0.33%	0.33%
AVY	C	0.17%	0.16%	0.16%
AZO	D	0.78%	0.36%	0.36%
BKNG	C	0.98%	0.14%	0.14%
BMY	C	0.91%	0.22%	0.22%
CAT	B	0.7%	0.24%	0.24%
CEG	C	0.32%	0.33%	0.32%
CF	C	0.16%	0.3%	0.16%
CL	D	0.43%	0.42%	0.42%
COP	D	0.39%	0.25%	0.25%
CSX	D	0.49%	0.13%	0.13%
CVX	D	0.61%	0.3%	0.3%
ECL	B	0.26%	0.29%	0.26%
EOG	D	0.29%	0.27%	0.27%
EQR	B	0.19%	0.23%	0.19%
ESS	B	0.17%	0.4%	0.17%
EXP	B	0.15%	0.18%	0.15%
FAST	C	0.47%	0.34%	0.34%
FCX	D	0.24%	0.23%	0.23%
GILD	B	0.98%	0.33%	0.33%
GLPI	C	0.16%	0.38%	0.16%
GOOGL	D	3.44%	0.1%	0.1%
GRMN	D	0.79%	0.4%	0.4%
GWW	B	0.48%	0.38%	0.38%
ITW	C	0.51%	0.31%	0.31%
KLAC	D	0.79%	0.33%	0.33%
KMB	D	0.34%	0.38%	0.34%
KO	C	0.79%	0.43%	0.43%
LIN	B	0.57%	0.28%	0.28%
LLY	C	2.24%	0.4%	0.4%
LMT	C	0.62%	0.42%	0.42%
LNG	C	0.24%	0.3%	0.24%
LOW	B	0.99%	0.35%	0.35%
LRCX	F	0.75%	0.25%	0.25%
MDLZ	B	0.46%	0.42%	0.42%
MEDP	F	0.66%	0.2%	0.2%
META	B	2.47%	0.39%	0.39%
MNST	D	0.31%	0.33%	0.31%
MO	C	0.43%	0.44%	0.43%
MSFT	C	6.74%	0.35%	0.35%
NFG	B	0.2%	0.31%	0.2%
NUE	F	0.18%	0.28%	0.18%
NVDA	D	6.31%	0.34%	0.34%
ORLY	C	0.8%	0.36%	0.36%
OTIS	C	0.44%	0.07%	0.07%
PG	C	1.04%	0.39%	0.39%
PGR	B	1.02%	0.46%	0.46%
PLD	C	0.36%	0.21%	0.21%
PM	C	0.63%	0.46%	0.46%
PSA	B	0.26%	0.39%	0.26%
QCOM	D	0.98%	0.21%	0.21%
RS	D	0.15%	0.34%	0.15%
SO	B	0.38%	0.42%	0.38%
SPG	B	0.23%	0.41%	0.23%
T	C	0.57%	0.46%	0.46%
UGI	C	0.19%	0.24%	0.19%
UNP	C	0.67%	0.3%	0.3%
VICI	C	0.2%	0.37%	0.2%
VRTX	D	0.92%	0.37%	0.37%
VST	C	0.25%	0.34%	0.25%
VZ	B	0.62%	0.41%	0.41%
WEC	C	0.26%	0.36%	0.26%
WMB	B	0.28%	0.34%	0.28%
WSM	D	0.68%	0.34%	0.34%
XOM	C	1.12%	0.38%	0.38%
ZTS	C	0.92%	0.32%	0.32%

FQAL Overweight 48 Positions Relative to JPUS

Symbol	Grade	Weight
V	C	1.54%
JNJ	C	1.5%
MA	B	1.45%
HD	B	1.43%
MCD	B	1.15%
COST	B	1.06%
SPGI	B	0.99%
VEEV	C	0.9%
PANW	D	0.89%
BX	B	0.88%
CME	C	0.85%
NFLX	B	0.84%
IDXX	C	0.83%
FICO	B	0.82%
MCO	B	0.8%
YUM	D	0.75%
MSCI	C	0.73%
CPAY	B	0.72%
MTD	D	0.71%
ABNB	D	0.69%
DPZ	F	0.68%
KNSL	C	0.67%
JXN	A	0.63%
CBSH	C	0.63%
EWBC	D	0.62%
ADP	B	0.62%
CFR	C	0.61%
QLYS	F	0.56%
CTAS	B	0.54%
TDG	B	0.54%
MMM	B	0.53%
NEE	C	0.53%
PAYX	C	0.48%
VRSK	D	0.46%
CPRT	D	0.44%
ODFL	D	0.42%
TTD	B	0.38%
AMT	C	0.34%
SHW	B	0.31%
HSY	C	0.3%
O	C	0.24%
NRG	C	0.24%
EXR	B	0.21%
TPL	B	0.19%
MLM	D	0.18%
SBAC	C	0.18%
WHD	C	0.16%
RGLD	C	0.15%

FQAL Underweight 278 Positions Relative to JPUS

Symbol	Grade	Weight
K	B	-0.52%
FYBR	C	-0.51%
IRM	C	-0.48%
TRGP	B	-0.46%
HRB	C	-0.46%
DHI	B	-0.46%
OHI	B	-0.45%
JLL	B	-0.45%
TOL	B	-0.45%
MSI	B	-0.44%
NVR	B	-0.44%
PHM	B	-0.44%
USFD	B	-0.43%
PEG	B	-0.43%
CUBE	B	-0.43%
TMUS	C	-0.43%
ETR	B	-0.43%
EIX	C	-0.43%
INGR	B	-0.43%
HIG	B	-0.43%
HCA	B	-0.43%
UHS	B	-0.43%
PPL	C	-0.42%
PNW	C	-0.42%
FCNCA	D	-0.42%
CPB	C	-0.42%
CAG	C	-0.42%
NI	B	-0.42%
POST	C	-0.42%
LEN	B	-0.42%
WELL	C	-0.42%
KHC	C	-0.41%
JNPR	B	-0.41%
CLH	A	-0.41%
SYY	D	-0.41%
UNM	B	-0.41%
KR	C	-0.41%
REGN	C	-0.41%
KVUE	C	-0.41%
TAP	D	-0.41%
AMGN	B	-0.41%
BRK.A	C	-0.41%
REG	C	-0.41%
LAMR	B	-0.41%
GIS	B	-0.4%
ED	C	-0.4%
CI	C	-0.4%
RSG	D	-0.4%
DVA	B	-0.4%
PFGC	B	-0.4%
AFL	C	-0.4%
PEP	C	-0.4%
ANET	B	-0.4%
CLX	C	-0.39%
FE	C	-0.39%
CMCSA	D	-0.39%
ORCL	C	-0.38%
ROKU	C	-0.38%
MMC	C	-0.38%
BRX	B	-0.38%
WM	D	-0.38%
PCG	C	-0.38%
CASY	D	-0.38%
GD	B	-0.38%
CTSH	C	-0.37%
PWR	B	-0.37%
UNH	C	-0.37%
XEL	B	-0.37%
UTHR	C	-0.37%
TSCO	C	-0.37%
SYF	C	-0.37%
D	C	-0.37%
ADM	D	-0.37%
ETN	C	-0.36%
SRE	C	-0.36%
EVRG	B	-0.36%
MTG	B	-0.36%
ADI	C	-0.36%
HST	C	-0.36%
LYB	D	-0.36%
FNF	B	-0.36%
CHD	D	-0.36%
ELV	C	-0.36%
DGX	B	-0.36%
STZ	D	-0.36%
DKS	D	-0.36%
OGE	C	-0.36%
SCCO	D	-0.35%
CAH	C	-0.35%
APH	D	-0.35%
NXST	D	-0.35%
EXC	C	-0.35%
BG	D	-0.35%
TJX	B	-0.35%
DUK	C	-0.35%
MPC	F	-0.35%
CSCO	C	-0.35%
WY	C	-0.34%
KIM	C	-0.34%
ABT	C	-0.34%
INTU	C	-0.34%
BLDR	C	-0.34%
COF	B	-0.34%
WLK	D	-0.34%
CHTR	D	-0.34%
IP	B	-0.34%
CMI	C	-0.34%
DTE	C	-0.33%
KMI	B	-0.33%
BAH	C	-0.33%
DHR	B	-0.33%
PSX	F	-0.33%
PH	B	-0.33%
EQIX	C	-0.33%
CIEN	C	-0.33%
AOS	D	-0.32%
VLO	F	-0.32%
MRK	D	-0.32%
CE	F	-0.32%
MCK	F	-0.32%
NTAP	D	-0.31%
ACI	F	-0.31%
HUBB	B	-0.31%
HOLX	B	-0.31%
IT	B	-0.31%
CTRA	D	-0.31%
CBOE	C	-0.3%
FANG	D	-0.3%
EG	C	-0.3%
TSN	C	-0.3%
ALSN	B	-0.3%
CMS	C	-0.3%
CTVA	B	-0.3%
PAG	D	-0.3%
MAS	B	-0.3%
STLD	F	-0.3%
CNP	C	-0.3%
SYK	C	-0.29%
HRL	C	-0.29%
ORI	B	-0.29%
STE	C	-0.29%
DOW	D	-0.29%
CB	B	-0.29%
GNTX	F	-0.28%
EMN	B	-0.28%
OC	D	-0.28%
MRO	C	-0.28%
X	F	-0.28%
CDNS	D	-0.28%
CVS	D	-0.27%
ESI	D	-0.27%
SPB	C	-0.27%
HBAN	B	-0.27%
PKG	B	-0.27%
FITB	B	-0.27%
VTR	C	-0.27%
MDT	C	-0.26%
WPC	C	-0.26%
OLN	D	-0.26%
BBY	C	-0.26%
BAC	D	-0.26%
STAG	C	-0.26%
ROST	C	-0.26%
RPM	B	-0.26%
EQT	D	-0.26%
DOX	C	-0.25%
HUN	D	-0.25%
SJM	C	-0.25%
DINO	F	-0.24%
TGT	C	-0.24%
JEF	B	-0.24%
WST	D	-0.24%
DRI	B	-0.24%
GEHC	C	-0.24%
PFE	C	-0.23%
MAA	B	-0.23%
HPE	D	-0.23%
NEM	B	-0.23%
FLO	C	-0.23%
MSM	D	-0.23%
VTRS	D	-0.22%
SNX	D	-0.22%
NNN	C	-0.21%
ITT	B	-0.21%
PK	D	-0.21%
BPOP	C	-0.21%
ALLY	F	-0.21%
SAM	F	-0.2%
CCI	C	-0.2%
TKR	D	-0.2%
BDX	D	-0.2%
CELH	F	-0.2%
KDP	B	-0.19%
XP	D	-0.19%
EPR	B	-0.19%
THC	A	-0.19%
F	F	-0.18%
SCI	B	-0.18%
CPT	B	-0.18%
STWD	B	-0.18%
TMO	B	-0.18%
NEU	D	-0.18%
CLF	F	-0.17%
CNM	F	-0.17%
RHI	D	-0.17%
M	F	-0.17%
OMF	D	-0.17%
FR	B	-0.17%
CHE	C	-0.17%
GAP	F	-0.17%
APO	C	-0.16%
RGA	C	-0.16%
MOH	D	-0.16%
SWKS	D	-0.16%
EA	D	-0.16%
CSL	B	-0.15%
KRC	B	-0.15%
MOS	F	-0.15%
ASH	D	-0.15%
ATO	B	-0.15%
IPG	C	-0.15%
HIW	B	-0.15%
R	A	-0.14%
COKE	C	-0.13%
WU	F	-0.13%
CACI	B	-0.13%
STT	A	-0.12%
BRBR	C	-0.12%
WRB	C	-0.12%
VIRT	C	-0.12%
IBM	B	-0.11%
USB	B	-0.1%
FRT	C	-0.1%
DFS	B	-0.1%
VVV	D	-0.1%
PFG	B	-0.1%
UI	B	-0.1%
PRU	C	-0.09%
PPC	D	-0.09%
SLM	D	-0.09%
IDA	C	-0.09%
CARR	B	-0.09%
SAIC	C	-0.09%
OXY	F	-0.09%
CHK	D	-0.09%
LOPE	D	-0.08%
RF	B	-0.08%
CSGP	D	-0.08%
NKE	D	-0.07%
IRDM	D	-0.07%
EGP	B	-0.07%
LPX	B	-0.07%
CFG	C	-0.06%
DLB	D	-0.06%
AFG	B	-0.06%
CBRE	A	-0.05%
PCAR	D	-0.05%
KEY	B	-0.05%
RRC	D	-0.05%
DTM	B	-0.05%
TNL	D	-0.05%
CWEN	C	-0.05%
AGO	C	-0.04%
SSNC	B	-0.04%
LSTR	D	-0.04%
HUM	F	-0.04%
VLTO	C	-0.04%
FTRE	D	-0.03%
LEG	D	-0.03%
HOG	C	-0.03%
CRI	D	-0.03%
LBRDK	F	-0.03%
KSS	F	-0.01%
SON	C	-0.01%
AEE	C	-0.01%
CC	F	-0.01%
GO	F	-0.01%
LW	D	-0.01%