FQAL vs. RISN ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to Inspire Tactical Balanced ESG ETF (RISN)

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

$64.59

Average Daily Volume

32,521

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

RISN

Inspire Tactical Balanced ESG ETF

RISN Description

The investment seeks to provide capital appreciation with lower volatility than the U.S. large cap stock market over the long term. The fund, an actively managed ETF, uses a proprietary system of technical analysis to tactically allocate assets into U.S. large cap stocks when the strategy identifies an uptrend in the U.S. large cap stock market, and shifts into U.S. Treasury bonds via third-party ETFs, investment grade and high-yield corporate bonds, government agency bonds, and listed gold exchange-traded products and exchange-traded notes such as SPDR Gold Shares (GLD) when the strategy identifies a downtrend in the U.S. large cap stock market.

Grade (RS Rating)

Last Trade

$26.66

Average Daily Volume

8,029

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	RISN
30 Days	1.44%	-0.84%
60 Days	6.90%	2.39%
90 Days	4.25%	4.12%
12 Months	33.36%	19.05%

12 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in RISN	Overlap
AME	D	0.47%	0.99%	0.47%
CFR	D	0.63%	0.98%	0.63%
CPRT	C	0.45%	0.99%	0.45%
CSX	D	0.49%	0.98%	0.49%
EOG	B	0.3%	0.93%	0.3%
FAST	C	0.47%	1.05%	0.47%
IDXX	D	0.83%	1.05%	0.83%
MLM	F	0.18%	0.96%	0.18%
MNST	D	0.31%	1.04%	0.31%
MSCI	B	0.74%	1.09%	0.74%
ODFL	F	0.42%	0.98%	0.42%
PSA	C	0.25%	1.16%	0.25%

FQAL Overweight 112 Positions Relative to RISN

Symbol	Grade	Weight
AAPL	C	6.81%
MSFT	D	6.61%
NVDA	B	6.3%
GOOGL	B	3.57%
META	A	2.61%
AVGO	C	2.13%
LLY	D	2.06%
HD	A	1.49%
V	C	1.46%
JNJ	D	1.44%
MA	A	1.43%
ABBV	B	1.37%
MCD	A	1.17%
XOM	A	1.14%
ACN	B	1.06%
BKNG	C	1.05%
LOW	A	1.03%
PG	D	1.02%
ADBE	F	1.01%
COST	C	1.0%
PGR	C	1.0%
QCOM	C	0.99%
GILD	A	0.97%
SPGI	B	0.96%
AMAT	B	0.95%
BMY	B	0.94%
ZTS	C	0.92%
BX	C	0.91%
VRTX	D	0.87%
PANW	D	0.85%
CME	A	0.84%
VEEV	C	0.84%
NFLX	B	0.84%
KLAC	B	0.83%
FICO	A	0.83%
ORLY	A	0.81%
LRCX	D	0.81%
ACGL	B	0.8%
AZO	D	0.79%
CAT	A	0.79%
MCO	D	0.78%
KO	C	0.78%
AMP	A	0.78%
YUM	B	0.77%
MTD	B	0.75%
WSM	B	0.75%
ABNB	D	0.74%
GRMN	D	0.73%
CPAY	A	0.72%
DPZ	D	0.7%
JXN	A	0.68%
KNSL	C	0.66%
UNP	D	0.65%
CVX	B	0.63%
EWBC	D	0.63%
VZ	B	0.62%
MEDP	F	0.62%
LMT	A	0.62%
PM	D	0.6%
CBSH	D	0.6%
ADP	A	0.59%
QLYS	F	0.58%
LIN	B	0.57%
T	A	0.56%
TDG	B	0.55%
ITW	B	0.54%
MMM	C	0.54%
NEE	A	0.53%
CTAS	C	0.52%
OTIS	A	0.49%
GWW	B	0.49%
PAYX	A	0.47%
MDLZ	D	0.45%
VRSK	C	0.44%
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	B	0.36%
PLD	D	0.34%
KMB	D	0.34%
AMT	C	0.32%
SHW	C	0.31%
HSY	F	0.29%
FCX	B	0.29%
WMB	A	0.28%
NRG	A	0.27%
WEC	A	0.26%
ECL	B	0.26%
LNG	A	0.24%
O	A	0.23%
SPG	A	0.23%
TPL	A	0.21%
UGI	C	0.2%
NFG	A	0.2%
EXR	C	0.2%
AM	A	0.19%
AVB	C	0.19%
NUE	C	0.19%
VICI	C	0.19%
CF	A	0.18%
AVY	D	0.17%
EQR	C	0.17%
SBAC	C	0.17%
RS	D	0.16%
EXP	B	0.16%
ESS	D	0.16%
WHD	B	0.16%
GLPI	A	0.15%
RGLD	C	0.15%

FQAL Underweight 66 Positions Relative to RISN

Symbol	Grade	Weight
USFR	A	-19.28%
NVR	B	-1.41%
NECB	C	-1.25%
LAD	C	-1.21%
BOTJ	C	-1.18%
ACIW	B	-1.18%
RMD	C	-1.18%
G	A	-1.16%
GIII	D	-1.16%
MOH	D	-1.15%
COKE	C	-1.14%
EME	C	-1.14%
MKTX	B	-1.13%
CACI	A	-1.11%
TSM	B	-1.11%
MIDD	D	-1.11%
FCNCA	D	-1.11%
POOL	B	-1.1%
BRO	A	-1.1%
COLB	C	-1.1%
KRC	C	-1.1%
UDR	C	-1.08%
MAA	D	-1.08%
CRI	D	-1.07%
SNA	A	-1.07%
CHE	C	-1.06%
CSL	A	-1.05%
GGG	C	-1.05%
IBN	C	-1.05%
MED	F	-1.04%
EXPD	D	-1.04%
JBHT	D	-1.04%
LFUS	D	-1.03%
TXRH	C	-1.03%
PAG	D	-1.03%
TJX	D	-1.03%
COLM	D	-1.03%
CIVB	C	-1.02%
ELV	F	-1.0%
ALG	F	-0.99%
ROL	C	-0.99%
RDY	D	-0.99%
NFBK	D	-0.98%
ROP	C	-0.98%
OFLX	D	-0.98%
LSTR	F	-0.98%
CSGP	F	-0.98%
ON	F	-0.97%
NTES	B	-0.97%
DAR	F	-0.97%
EGP	D	-0.97%
LECO	F	-0.95%
CNI	D	-0.95%
EPAM	F	-0.95%
WST	D	-0.95%
ASR	D	-0.94%
PFC	D	-0.94%
MKL	C	-0.93%
NICE	F	-0.92%
GNTX	D	-0.92%
PCAR	C	-0.9%
PBHC	C	-0.88%
AX	D	-0.88%
MVBF	F	-0.85%
SWKS	F	-0.84%
EW	F	-0.74%