FQAL vs. MDYG ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to SPDR S&P 400 Mid Cap Growth ETF (MDYG)

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

$65.04

Average Daily Volume

32,352

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

MDYG

SPDR S&P 400 Mid Cap Growth ETF

MDYG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of medium capitalization exchange traded U.S. equity securities exhibiting "growth" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P MidCap 400 Growth Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the mid-capitalization growth sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$87.83

Average Daily Volume

128,539

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	MDYG
30 Days	4.46%	4.66%
60 Days	10.73%	8.46%
90 Days	4.98%	5.72%
12 Months	34.32%	31.26%

13 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in MDYG	Overlap
AM	A	0.19%	0.2%	0.19%
CBSH	D	0.6%	0.19%	0.19%
CFR	B	0.63%	0.2%	0.2%
EWBC	B	0.63%	0.41%	0.41%
EXP	C	0.16%	0.64%	0.16%
GLPI	C	0.15%	0.4%	0.15%
KNSL	B	0.66%	0.69%	0.66%
MEDP	F	0.62%	0.57%	0.57%
QLYS	F	0.58%	0.32%	0.32%
RGLD	C	0.15%	0.32%	0.15%
RS	D	0.16%	1.06%	0.16%
TPL	A	0.21%	0.74%	0.21%
WSM	C	0.75%	1.33%	0.75%

FQAL Overweight 111 Positions Relative to MDYG

Symbol	Grade	Weight
AAPL	C	6.81%
MSFT	D	6.61%
NVDA	B	6.3%
GOOGL	B	3.57%
META	A	2.61%
AVGO	B	2.13%
LLY	D	2.06%
HD	A	1.49%
V	B	1.46%
JNJ	D	1.44%
MA	A	1.43%
ABBV	C	1.37%
MCD	A	1.17%
XOM	A	1.14%
ACN	B	1.06%
BKNG	B	1.05%
LOW	C	1.03%
PG	D	1.02%
ADBE	F	1.01%
COST	C	1.0%
PGR	B	1.0%
QCOM	D	0.99%
GILD	A	0.97%
SPGI	C	0.96%
AMAT	C	0.95%
BMY	A	0.94%
ZTS	C	0.92%
BX	C	0.91%
VRTX	D	0.87%
PANW	B	0.85%
CME	A	0.84%
VEEV	C	0.84%
NFLX	A	0.84%
KLAC	B	0.83%
FICO	C	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	C	0.77%
MTD	C	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%
UNP	F	0.65%
CVX	B	0.63%
VZ	C	0.62%
LMT	A	0.62%
PM	D	0.6%
ADP	A	0.59%
LIN	C	0.57%
T	B	0.56%
TDG	A	0.55%
ITW	C	0.54%
MMM	C	0.54%
NEE	C	0.53%
CTAS	C	0.52%
OTIS	A	0.49%
GWW	B	0.49%
CSX	D	0.49%
PAYX	B	0.47%
FAST	C	0.47%
AME	C	0.47%
MDLZ	D	0.45%
CPRT	B	0.45%
VRSK	D	0.44%
ODFL	F	0.42%
CEG	A	0.42%
CL	D	0.41%
MO	D	0.41%
TTD	A	0.39%
COP	D	0.39%
SO	A	0.38%
VST	A	0.36%
PLD	D	0.34%
KMB	D	0.34%
AMT	D	0.32%
SHW	C	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	B	0.26%
ECL	C	0.26%
PSA	C	0.25%
LNG	A	0.24%
O	C	0.23%
SPG	A	0.23%
UGI	C	0.2%
NFG	A	0.2%
EXR	D	0.2%
AVB	C	0.19%
NUE	D	0.19%
VICI	C	0.19%
CF	A	0.18%
MLM	F	0.18%
AVY	D	0.17%
EQR	C	0.17%
SBAC	C	0.17%
ESS	D	0.16%
WHD	A	0.16%

FQAL Underweight 235 Positions Relative to MDYG

Symbol	Grade	Weight
CSL	A	-1.38%
EME	B	-1.34%
LII	C	-1.29%
MANH	A	-1.15%
WSO	C	-1.14%
TOL	C	-1.06%
DT	B	-1.06%
PSTG	F	-1.03%
OC	C	-1.02%
GGG	C	-0.99%
RBA	D	-0.99%
FIX	A	-0.93%
CASY	D	-0.93%
FND	C	-0.89%
TTEK	A	-0.84%
CLH	B	-0.82%
WING	C	-0.81%
BLD	D	-0.81%
ITT	C	-0.81%
NBIX	F	-0.78%
SAIA	D	-0.78%
NVT	C	-0.78%
TXRH	A	-0.78%
WMS	D	-0.74%
LECO	D	-0.73%
DUOL	B	-0.7%
WWD	C	-0.68%
ONTO	B	-0.68%
OVV	D	-0.67%
CHDN	C	-0.66%
BWXT	A	-0.66%
BURL	C	-0.66%
SRPT	F	-0.64%
TPX	C	-0.63%
OLED	B	-0.62%
NYT	C	-0.61%
MUSA	D	-0.61%
IBKR	A	-0.6%
PRI	A	-0.6%
SKX	B	-0.59%
HRB	C	-0.59%
PR	D	-0.58%
RBC	C	-0.58%
ELS	D	-0.57%
FN	B	-0.57%
AIT	B	-0.57%
CROX	C	-0.57%
MORN	B	-0.57%
WEX	C	-0.57%
HLI	A	-0.56%
RPM	A	-0.56%
CW	A	-0.55%
FCN	C	-0.54%
LNW	F	-0.54%
CHRD	F	-0.54%
SSD	B	-0.54%
AXTA	C	-0.53%
UFPI	C	-0.53%
COKE	C	-0.52%
RGEN	F	-0.52%
RNR	A	-0.52%
SWN	D	-0.52%
LNTH	C	-0.51%
CR	A	-0.51%
RRC	D	-0.5%
BMRN	F	-0.5%
PEN	D	-0.5%
LSCC	D	-0.49%
AVTR	D	-0.49%
EXEL	B	-0.49%
ANF	D	-0.48%
PCTY	C	-0.48%
UTHR	C	-0.48%
TREX	D	-0.48%
AMH	D	-0.48%
HALO	D	-0.48%
AAON	A	-0.48%
MSA	F	-0.47%
EQH	B	-0.47%
H	B	-0.46%
PLNT	B	-0.46%
RYAN	A	-0.45%
LAMR	C	-0.45%
HLNE	A	-0.45%
CUBE	C	-0.44%
DKS	D	-0.43%
EVR	C	-0.42%
ATR	A	-0.42%
ACM	A	-0.42%
ELF	F	-0.41%
WFRD	F	-0.41%
OLLI	C	-0.4%
DBX	C	-0.4%
ESAB	C	-0.4%
SCI	D	-0.39%
XPO	F	-0.39%
ACHC	F	-0.39%
EGP	D	-0.38%
WTS	C	-0.38%
ALTR	B	-0.38%
MTDR	D	-0.38%
CCK	C	-0.36%
VVV	D	-0.36%
CHE	D	-0.36%
APPF	C	-0.36%
VNT	F	-0.35%
GTLS	D	-0.35%
WLK	C	-0.34%
DCI	B	-0.34%
BCO	C	-0.34%
CNM	F	-0.33%
CELH	F	-0.33%
CNX	A	-0.33%
DTM	A	-0.32%
WAL	C	-0.32%
FIVE	D	-0.32%
BRKR	D	-0.31%
CIVI	F	-0.31%
LFUS	C	-0.31%
WTRG	D	-0.31%
FBIN	C	-0.3%
BYD	B	-0.3%
SFM	A	-0.3%
RMBS	F	-0.3%
LSTR	F	-0.3%
REXR	D	-0.29%
OHI	C	-0.29%
AYI	A	-0.29%
TTC	F	-0.29%
MTN	D	-0.29%
CG	B	-0.29%
LPX	C	-0.29%
GNTX	D	-0.29%
EHC	C	-0.29%
BRBR	A	-0.28%
CACI	A	-0.28%
RLI	A	-0.28%
NEU	F	-0.28%
KBR	A	-0.27%
CVLT	B	-0.27%
MTSI	B	-0.27%
WH	C	-0.27%
MMS	C	-0.27%
ALV	F	-0.27%
CBT	B	-0.27%
LOPE	D	-0.27%
CHX	C	-0.26%
GXO	D	-0.26%
BRX	C	-0.25%
VAL	F	-0.25%
NOVT	C	-0.25%
SLAB	D	-0.25%
MIDD	D	-0.25%
CRUS	D	-0.25%
TKO	A	-0.24%
FR	D	-0.24%
STAG	D	-0.24%
MKSI	F	-0.24%
KNF	B	-0.24%
CIEN	A	-0.24%
HQY	B	-0.24%
MASI	B	-0.24%
BC	C	-0.23%
WMG	D	-0.23%
SEIC	B	-0.23%
COTY	F	-0.23%
PSN	A	-0.23%
EXLS	B	-0.23%
NNN	C	-0.22%
KBH	D	-0.21%
VOYA	A	-0.21%
SIGI	D	-0.21%
ROIV	D	-0.21%
INGR	B	-0.21%
OPCH	F	-0.2%
PK	D	-0.2%
KEX	C	-0.2%
EXPO	A	-0.2%
FLS	A	-0.2%
CGNX	F	-0.2%
PNFP	B	-0.2%
CYTK	D	-0.19%
MAT	B	-0.19%
JAZZ	F	-0.19%
TDC	D	-0.19%
DOCS	A	-0.18%
HXL	F	-0.17%
SAIC	A	-0.17%
MTG	A	-0.17%
SHC	C	-0.17%
DLB	D	-0.17%
OZK	D	-0.16%
CPRI	C	-0.16%
ARWR	F	-0.16%
HAE	F	-0.16%
YETI	C	-0.15%
TNL	B	-0.15%
RH	C	-0.15%
EEFT	F	-0.15%
HWC	D	-0.15%
EPR	C	-0.15%
OLN	D	-0.15%
MUR	F	-0.14%
MSM	D	-0.14%
BLKB	C	-0.14%
TKR	B	-0.14%
IDA	D	-0.14%
FFIN	D	-0.13%
TEX	F	-0.13%
SLM	B	-0.13%
GATX	F	-0.12%
ENS	B	-0.12%
IRDM	C	-0.12%
POWI	F	-0.12%
WEN	B	-0.11%
LANC	F	-0.11%
RYN	C	-0.11%
NSA	D	-0.11%
HGV	F	-0.1%
CHH	A	-0.1%
CAR	D	-0.1%
AZTA	F	-0.1%
NSP	F	-0.1%
COLM	B	-0.09%
AMED	D	-0.09%
CDP	A	-0.09%
IBOC	D	-0.09%
SMG	C	-0.09%
SAM	D	-0.08%
VC	F	-0.08%
SYNA	F	-0.08%
ALGM	F	-0.08%
ZI	F	-0.07%
LIVN	C	-0.07%
IPGP	D	-0.06%