FQAL vs. WANT ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to Direxion Daily Consumer Discretionary Bull 3X Shares (WANT)

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

$67.17

Average Daily Volume

29,895

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

WANT

Direxion Daily Consumer Discretionary Bull 3X Shares

WANT Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Consumer Discretionary Select Sector Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is provided by S&P Dow Jones Indices (the "index provider") and includes domestic companies from the consumer discretionary sector. It is non-diversified.

Grade (RS Rating)

Last Trade

$50.62

Average Daily Volume

27,452

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	WANT
30 Days	1.27%	32.46%
60 Days	5.83%	41.98%
90 Days	7.57%	62.68%
12 Months	32.15%	82.23%

10 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in WANT	Overlap
ABNB	C	0.82%	0.78%	0.78%
AZO	C	0.74%	0.67%	0.67%
BKNG	A	1.16%	2.06%	1.16%
DPZ	C	0.7%	0.2%	0.2%
GRMN	A	0.85%	0.4%	0.4%
HD	B	1.43%	3.72%	1.43%
LOW	B	0.99%	1.96%	0.99%
MCD	C	1.09%	2.0%	1.09%
ORLY	A	0.82%	0.87%	0.82%
YUM	B	0.73%	0.48%	0.48%

FQAL Overweight 114 Positions Relative to WANT

Symbol	Grade	Weight
NVDA	B	7.41%
AAPL	C	6.53%
MSFT	C	6.31%
GOOGL	B	3.77%
META	B	2.62%
AVGO	C	2.17%
LLY	F	1.8%
V	A	1.56%
MA	B	1.44%
ABBV	D	1.35%
JNJ	D	1.34%
XOM	B	1.15%
GILD	C	1.09%
ACN	C	1.05%
COST	B	0.99%
BX	A	0.99%
PGR	A	0.98%
BMY	B	0.97%
QCOM	F	0.96%
ADBE	C	0.94%
PANW	A	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%
CME	A	0.82%
CAT	C	0.8%
ZTS	D	0.79%
JXN	B	0.79%
CPAY	A	0.77%
CFR	B	0.75%
EWBC	B	0.75%
LRCX	F	0.74%
MCO	C	0.73%
MSCI	B	0.71%
KLAC	F	0.69%
IDXX	D	0.68%
ACGL	D	0.68%
MTD	F	0.68%
CBSH	A	0.66%
QLYS	B	0.66%
KO	F	0.66%
CVX	B	0.65%
MEDP	C	0.64%
ADP	A	0.64%
WSM	F	0.63%
UNP	C	0.62%
KNSL	C	0.61%
PM	C	0.59%
LMT	C	0.57%
VZ	C	0.54%
GWW	B	0.54%
CTAS	A	0.54%
T	A	0.54%
ITW	A	0.53%
LIN	D	0.53%
FAST	A	0.52%
AME	A	0.5%
TDG	B	0.5%
MMM	C	0.5%
CSX	B	0.49%
PAYX	B	0.49%
ODFL	B	0.46%
CPRT	A	0.46%
NEE	D	0.45%
VRSK	A	0.45%
OTIS	C	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%
KMB	F	0.3%
TPL	B	0.3%
EOG	A	0.29%
PLD	D	0.29%
AMT	F	0.27%
NRG	B	0.27%
LNG	B	0.26%
FCX	F	0.26%
HSY	D	0.25%
WEC	B	0.25%
SPG	B	0.24%
ECL	C	0.24%
PSA	C	0.22%
NUE	C	0.2%
MLM	B	0.2%
O	D	0.2%
NFG	C	0.19%
WHD	B	0.18%
UGI	D	0.18%
EXR	D	0.18%
AVB	A	0.18%
AM	B	0.18%
CF	B	0.17%
EXP	B	0.17%
RS	B	0.17%
VICI	D	0.17%
SBAC	D	0.16%
EQR	C	0.16%
AVY	F	0.15%
RGLD	C	0.15%
ESS	C	0.15%
GLPI	D	0.14%

FQAL Underweight 40 Positions Relative to WANT

Symbol	Grade	Weight
AMZN	A	-10.87%
TSLA	B	-6.4%
TJX	B	-1.65%
SBUX	B	-1.43%
NKE	F	-1.2%
CMG	B	-1.0%
MAR	A	-0.78%
GM	A	-0.76%
HLT	A	-0.75%
DHI	F	-0.65%
RCL	A	-0.63%
ROST	F	-0.61%
LEN	D	-0.54%
F	C	-0.52%
LULU	C	-0.47%
TSCO	C	-0.38%
EBAY	C	-0.38%
NVR	D	-0.37%
PHM	D	-0.35%
DECK	B	-0.32%
CCL	A	-0.29%
EXPE	B	-0.26%
LVS	C	-0.24%
BBY	D	-0.24%
ULTA	C	-0.24%
DRI	B	-0.24%
GPC	D	-0.21%
APTV	D	-0.19%
POOL	D	-0.18%
TPR	B	-0.15%
KMX	C	-0.15%
NCLH	B	-0.14%
LKQ	D	-0.13%
WYNN	F	-0.12%
MGM	D	-0.11%
CZR	F	-0.11%
HAS	D	-0.11%
BWA	B	-0.1%
RL	B	-0.1%
MHK	D	-0.09%