FQAL vs. RNDV ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to First Trust US Equity Dividend Select ETF (RNDV)

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

$66.83

Average Daily Volume

29,902

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

RNDV

First Trust US Equity Dividend Select ETF

RNDV Description

The US Equity Dividend Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Equity Dividend Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$34.25

Average Daily Volume

6,884

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	RNDV
30 Days	1.49%	-1.47%
60 Days	5.24%	3.63%
90 Days	6.80%	5.13%
12 Months	30.99%	25.75%

28 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in RNDV	Overlap
ABBV	F	1.35%	1.06%	1.06%
ACN	B	1.05%	2.01%	1.05%
ADP	A	0.64%	0.52%	0.52%
AVB	B	0.18%	0.32%	0.18%
BMY	B	0.97%	1.92%	0.97%
CF	B	0.17%	0.34%	0.17%
CME	B	0.82%	0.66%	0.66%
CVX	A	0.65%	0.81%	0.65%
EOG	A	0.29%	0.56%	0.29%
ESS	C	0.15%	0.35%	0.15%
FAST	B	0.52%	0.59%	0.52%
GRMN	A	0.85%	0.99%	0.85%
HD	B	1.43%	1.0%	1.0%
ITW	B	0.53%	0.59%	0.53%
JNJ	D	1.34%	1.06%	1.06%
KLAC	F	0.69%	0.91%	0.69%
KMB	D	0.3%	0.67%	0.3%
LMT	D	0.57%	0.53%	0.53%
LOW	B	0.99%	0.76%	0.76%
MCD	C	1.09%	1.03%	1.03%
MSFT	C	6.31%	0.93%	0.93%
O	D	0.2%	0.48%	0.2%
PAYX	B	0.49%	0.74%	0.49%
PM	B	0.59%	0.85%	0.59%
QCOM	F	0.96%	2.44%	0.96%
UNP	D	0.62%	0.55%	0.55%
VZ	D	0.54%	3.2%	0.54%
XOM	B	1.15%	0.58%	0.58%

FQAL Overweight 96 Positions Relative to RNDV

Symbol	Grade	Weight
NVDA	A	7.41%
AAPL	C	6.53%
GOOGL	C	3.77%
META	B	2.62%
AVGO	C	2.17%
LLY	F	1.8%
V	A	1.56%
MA	B	1.44%
BKNG	A	1.16%
GILD	B	1.09%
COST	B	0.99%
BX	A	0.99%
PGR	A	0.98%
ADBE	C	0.94%
PANW	B	0.94%
PG	C	0.92%
VRTX	B	0.91%
NFLX	A	0.91%
FICO	B	0.9%
SPGI	C	0.89%
AMP	A	0.88%
AMAT	F	0.87%
VEEV	B	0.86%
ORLY	A	0.82%
ABNB	C	0.82%
CAT	B	0.8%
ZTS	D	0.79%
JXN	C	0.79%
CPAY	A	0.77%
CFR	B	0.75%
EWBC	B	0.75%
AZO	B	0.74%
LRCX	F	0.74%
YUM	B	0.73%
MCO	C	0.73%
MSCI	B	0.71%
DPZ	C	0.7%
IDXX	F	0.68%
ACGL	C	0.68%
MTD	F	0.68%
CBSH	A	0.66%
QLYS	B	0.66%
KO	F	0.66%
MEDP	D	0.64%
WSM	F	0.63%
KNSL	C	0.61%
GWW	B	0.54%
CTAS	B	0.54%
T	A	0.54%
LIN	D	0.53%
AME	A	0.5%
TDG	D	0.5%
MMM	C	0.5%
CSX	B	0.49%
ODFL	B	0.46%
CPRT	A	0.46%
NEE	D	0.45%
VRSK	A	0.45%
OTIS	D	0.45%
TTD	B	0.45%
MO	A	0.41%
VST	B	0.4%
COP	C	0.4%
MDLZ	F	0.38%
CEG	D	0.38%
SO	D	0.35%
CL	F	0.34%
WMB	B	0.33%
MNST	B	0.32%
SHW	A	0.3%
TPL	B	0.3%
PLD	D	0.29%
AMT	F	0.27%
NRG	C	0.27%
LNG	B	0.26%
FCX	F	0.26%
HSY	F	0.25%
WEC	B	0.25%
SPG	A	0.24%
ECL	C	0.24%
PSA	D	0.22%
NUE	D	0.2%
MLM	B	0.2%
NFG	D	0.19%
WHD	B	0.18%
UGI	D	0.18%
EXR	D	0.18%
AM	B	0.18%
EXP	B	0.17%
RS	C	0.17%
VICI	D	0.17%
SBAC	D	0.16%
EQR	C	0.16%
AVY	F	0.15%
RGLD	C	0.15%
GLPI	D	0.14%

FQAL Underweight 66 Positions Relative to RNDV

Symbol	Grade	Weight
HPQ	B	-3.88%
IBM	D	-3.61%
HPE	B	-3.52%
TXN	B	-3.36%
GLW	B	-3.17%
MCHP	F	-2.54%
IPG	F	-2.27%
BEN	C	-2.11%
ADI	D	-1.87%
CMCSA	B	-1.73%
HAS	D	-1.67%
BBY	C	-1.54%
TROW	A	-1.54%
CVS	F	-1.54%
OMC	A	-1.54%
GPC	D	-1.38%
PRU	B	-1.37%
APH	B	-1.3%
NTRS	A	-1.11%
UPS	C	-1.1%
MDT	D	-1.1%
MTB	A	-1.07%
PFG	C	-1.05%
MRK	F	-0.94%
OKE	A	-0.86%
CINF	A	-0.84%
MET	C	-0.82%
CAG	F	-0.82%
KVUE	A	-0.74%
CAH	B	-0.73%
DGX	B	-0.72%
NKE	F	-0.72%
ABT	C	-0.71%
HRL	F	-0.7%
SNA	A	-0.69%
CTRA	B	-0.66%
TSN	B	-0.66%
CI	D	-0.64%
SWK	F	-0.63%
EG	D	-0.62%
GIS	F	-0.61%
UNH	B	-0.59%
CMI	A	-0.59%
TRV	B	-0.58%
AMCR	D	-0.58%
AFL	C	-0.57%
BDX	F	-0.57%
K	A	-0.57%
CHRW	A	-0.56%
NSC	B	-0.56%
POOL	D	-0.56%
EMR	A	-0.55%
LHX	B	-0.51%
FMC	F	-0.48%
LEN	D	-0.46%
EVRG	A	-0.46%
PNW	A	-0.45%
ES	D	-0.42%
FRT	B	-0.41%
ETR	B	-0.41%
MAA	C	-0.4%
EMN	D	-0.39%
EIX	C	-0.38%
AEP	D	-0.36%
DLR	C	-0.35%
APD	B	-0.33%