FQAL vs. MAGA ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to Point Bridge GOP Stock Tracker ETF (MAGA)

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

$67.11

Average Daily Volume

29,990

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

MAGA

Point Bridge GOP Stock Tracker ETF

MAGA Description

The investment seeks to track the performance, before fees and expenses, of the Point Bridge GOP Stock Tracker Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. The index uses an objective, rules-based methodology to track the performance of companies whose employees and political action committees are highly supportive of Republican candidates for election to the United States Congress, the Vice Presidency, or the Presidency (Candidates) and party-affiliated federal committees or groups that are subject to federal campaign contribution limits.

Grade (RS Rating)

Last Trade

$51.96

Average Daily Volume

2,903

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	MAGA
30 Days	1.33%	4.49%
60 Days	4.33%	6.66%
90 Days	5.53%	8.23%
12 Months	30.15%	33.54%

35 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in MAGA	Overlap
AME	A	0.52%	0.75%	0.52%
AZO	C	0.75%	0.72%	0.72%
BX	A	1.05%	0.74%	0.74%
CAT	B	0.77%	0.7%	0.7%
CEG	C	0.36%	0.6%	0.36%
CF	A	0.17%	0.69%	0.17%
COP	C	0.41%	0.71%	0.41%
CPRT	B	0.48%	0.77%	0.48%
CSX	C	0.49%	0.75%	0.49%
CTAS	B	0.55%	0.74%	0.55%
ECL	D	0.24%	0.7%	0.24%
EOG	A	0.32%	0.76%	0.32%
EXR	C	0.19%	0.7%	0.19%
FAST	B	0.53%	0.73%	0.53%
GRMN	B	0.86%	0.74%	0.74%
HD	B	1.5%	0.71%	0.71%
KMB	C	0.31%	0.67%	0.31%
LMT	D	0.56%	0.7%	0.56%
LNG	A	0.28%	0.77%	0.28%
LOW	C	1.02%	0.71%	0.71%
MLM	C	0.19%	0.71%	0.19%
MNST	C	0.31%	0.74%	0.31%
MO	A	0.44%	0.7%	0.44%
NUE	C	0.18%	0.72%	0.18%
ODFL	C	0.45%	0.77%	0.45%
ORLY	B	0.84%	0.74%	0.74%
PAYX	B	0.49%	0.72%	0.49%
PSA	C	0.23%	0.71%	0.23%
RS	B	0.17%	0.74%	0.17%
SO	C	0.36%	0.68%	0.36%
UNP	C	0.61%	0.7%	0.61%
VICI	C	0.18%	0.68%	0.18%
VST	A	0.43%	0.81%	0.43%
WMB	A	0.34%	0.74%	0.34%
YUM	D	0.72%	0.7%	0.7%

FQAL Overweight 89 Positions Relative to MAGA

Symbol	Grade	Weight
NVDA	B	7.24%
AAPL	C	6.62%
MSFT	D	6.3%
GOOGL	C	3.69%
META	D	2.51%
AVGO	D	2.0%
LLY	F	1.72%
V	A	1.61%
MA	B	1.48%
JNJ	C	1.35%
BKNG	A	1.21%
XOM	B	1.16%
ABBV	F	1.14%
MCD	D	1.11%
ACN	B	1.05%
BMY	B	1.02%
COST	A	1.01%
PGR	A	1.0%
GILD	C	1.0%
PG	C	0.98%
ADBE	C	0.97%
NFLX	A	0.97%
FICO	B	0.96%
PANW	B	0.96%
AMP	A	0.92%
SPGI	C	0.92%
QCOM	F	0.91%
VRTX	D	0.86%
CME	B	0.85%
VEEV	C	0.84%
CPAY	A	0.82%
ZTS	D	0.81%
EWBC	A	0.78%
CFR	B	0.77%
AMAT	F	0.77%
MCO	B	0.76%
MSCI	C	0.75%
ABNB	C	0.75%
JXN	C	0.74%
ACGL	C	0.71%
CBSH	B	0.71%
DPZ	C	0.69%
CVX	A	0.68%
LRCX	F	0.67%
IDXX	F	0.67%
KO	D	0.66%
KNSL	B	0.65%
QLYS	B	0.64%
ADP	A	0.64%
KLAC	F	0.64%
WSM	C	0.63%
PM	B	0.63%
MTD	F	0.58%
MEDP	D	0.57%
T	A	0.57%
VZ	C	0.56%
GWW	B	0.55%
ITW	B	0.54%
LIN	C	0.52%
MMM	D	0.5%
TDG	D	0.49%
NEE	C	0.47%
VRSK	A	0.46%
OTIS	C	0.45%
TTD	B	0.41%
MDLZ	F	0.38%
CL	D	0.36%
TPL	A	0.31%
PLD	F	0.3%
SHW	B	0.3%
NRG	B	0.27%
AMT	C	0.27%
WEC	A	0.26%
SPG	A	0.25%
HSY	F	0.25%
FCX	F	0.24%
O	C	0.21%
NFG	A	0.2%
AM	A	0.19%
UGI	C	0.19%
AVB	B	0.19%
WHD	B	0.18%
EQR	C	0.17%
SBAC	D	0.16%
ESS	B	0.16%
EXP	B	0.16%
RGLD	C	0.15%
AVY	F	0.15%
GLPI	C	0.14%

FQAL Underweight 100 Positions Relative to MAGA

Symbol	Grade	Weight
HOOD	B	-0.91%
EMR	B	-0.82%
SYF	B	-0.81%
APO	B	-0.8%
TRGP	A	-0.8%
HWM	A	-0.79%
WDAY	B	-0.79%
OKE	A	-0.79%
IBKR	A	-0.79%
WSO	A	-0.78%
LPLA	A	-0.77%
FCNCA	A	-0.77%
CTRA	B	-0.77%
HBAN	A	-0.77%
HEI	A	-0.76%
KKR	A	-0.76%
RF	A	-0.76%
CHTR	C	-0.76%
KMI	A	-0.76%
MPC	D	-0.76%
GPN	B	-0.76%
PH	A	-0.76%
HEI	A	-0.76%
PNC	B	-0.76%
FITB	B	-0.75%
MSI	B	-0.75%
BAC	A	-0.75%
SCHW	B	-0.75%
DAL	B	-0.75%
PWR	A	-0.74%
CSL	C	-0.74%
INVH	D	-0.74%
PSX	C	-0.74%
ROL	B	-0.74%
TSN	B	-0.74%
TFC	A	-0.74%
URI	C	-0.74%
VLO	C	-0.74%
GPC	D	-0.74%
PPL	A	-0.73%
STLD	B	-0.73%
FDX	B	-0.73%
EVRG	A	-0.73%
VMC	B	-0.73%
CNP	A	-0.73%
AEE	A	-0.73%
HUBB	B	-0.73%
ALL	A	-0.73%
CINF	A	-0.73%
TSCO	D	-0.72%
OWL	A	-0.72%
WRB	A	-0.72%
MRO	B	-0.72%
ROP	B	-0.72%
LUV	C	-0.72%
ATO	A	-0.72%
HES	B	-0.71%
BRK.A	B	-0.71%
FANG	C	-0.71%
WMT	A	-0.71%
NVR	D	-0.71%
JBHT	C	-0.71%
TRV	B	-0.71%
BLDR	D	-0.71%
ETR	B	-0.7%
DVN	F	-0.7%
SYY	D	-0.7%
KDP	F	-0.7%
CB	C	-0.7%
ZBH	C	-0.7%
OXY	D	-0.7%
EFX	F	-0.69%
ICE	C	-0.69%
WY	F	-0.68%
SW	A	-0.68%
UPS	C	-0.68%
EXC	C	-0.68%
BSY	F	-0.68%
DE	B	-0.67%
AWK	C	-0.67%
ABT	B	-0.67%
DLTR	F	-0.67%
LEN	D	-0.67%
ARE	F	-0.67%
LEN	D	-0.67%
AMCR	C	-0.67%
STE	D	-0.67%
DUK	C	-0.67%
FE	C	-0.67%
D	C	-0.66%
AEP	C	-0.66%
DHI	F	-0.66%
LYB	F	-0.66%
WLK	D	-0.66%
DG	F	-0.64%
AMGN	F	-0.64%
DOW	F	-0.63%
SWK	D	-0.63%
RKT	F	-0.61%
CE	F	-0.41%