FTEC vs. TVAL ETF Comparison

Comparison of Fidelity MSCI Information Technology Index ETF (FTEC) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL)

FTEC

Fidelity MSCI Information Technology Index ETF

FTEC Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$183.72

Average Daily Volume

203,337

Number of Holdings ^*

276

* may have additional holdings in another (foreign) market

TVAL

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF

TVAL Description

The fund will invest primarily in U.S. equity securities. In taking a value approach to investment selection, the adviser seeks to identify companies that appear to be undervalued by various measures, and may be temporarily out of favor, but have good prospects for capital appreciation. Some of the principal measures used to identify such stocks are: price/earnings ratio, price/book value ratio, price/sales ratio, dividend yield, price/cash flow, undervalued assets, and restructuring opportunities. The fund may purchase the stocks of companies of any size, but typically focuses on larger companies.

Grade (RS Rating)

Last Trade

$32.54

Average Daily Volume

10,569

Number of Holdings ^*

143

* may have additional holdings in another (foreign) market

Performance

Period	FTEC	TVAL
30 Days	3.31%	0.77%
60 Days	8.66%	4.23%
90 Days	8.05%	5.68%
12 Months	36.91%	28.38%

14 Overlapping Holdings

Symbol	Grade	Weight in FTEC	Weight in TVAL	Overlap
ACN	B	1.4%	0.7%	0.7%
ADI	D	0.72%	0.35%	0.35%
AMAT	F	1.02%	0.38%	0.38%
AMD	F	1.48%	0.22%	0.22%
CDW	F	0.21%	0.25%	0.21%
KEYS	C	0.24%	0.35%	0.24%
MCHP	F	0.28%	0.27%	0.27%
MSFT	C	13.03%	0.65%	0.65%
MSI	B	0.52%	0.34%	0.34%
MU	D	0.79%	0.45%	0.45%
QCOM	F	1.19%	1.08%	1.08%
ROP	A	0.41%	0.29%	0.29%
TXN	B	1.21%	0.7%	0.7%
WDC	D	0.2%	0.6%	0.2%

FTEC Overweight 262 Positions Relative to TVAL

Symbol	Grade	Weight
NVDA	A	16.11%
AAPL	C	14.81%
AVGO	C	4.6%
CRM	B	1.88%
ORCL	A	1.87%
CSCO	A	1.46%
ADBE	C	1.41%
NOW	A	1.28%
IBM	D	1.2%
INTU	A	1.17%
PANW	B	0.78%
PLTR	B	0.75%
ANET	C	0.73%
INTC	C	0.72%
LRCX	F	0.67%
KLAC	F	0.6%
APH	B	0.58%
SNPS	C	0.57%
MRVL	B	0.55%
CDNS	B	0.54%
CRWD	B	0.51%
APP	B	0.47%
ADSK	B	0.45%
NXPI	F	0.4%
FTNT	B	0.38%
WDAY	B	0.38%
FICO	B	0.38%
MSTR	B	0.36%
IT	B	0.31%
GLW	B	0.3%
CTSH	A	0.3%
DELL	C	0.3%
TEAM	B	0.3%
MPWR	F	0.27%
SNOW	C	0.27%
HPQ	B	0.27%
DDOG	B	0.27%
HUBS	B	0.26%
ANSS	B	0.24%
HPE	B	0.23%
NET	B	0.23%
ON	F	0.23%
GDDY	B	0.21%
TYL	B	0.21%
PTC	B	0.2%
ZM	B	0.2%
TDY	B	0.2%
NTAP	D	0.2%
ZBRA	B	0.19%
MDB	C	0.19%
TWLO	B	0.18%
TRMB	B	0.18%
COHR	C	0.18%
NTNX	B	0.18%
STX	D	0.18%
JBL	C	0.17%
GEN	B	0.17%
MANH	C	0.17%
FLEX	B	0.17%
GWRE	A	0.17%
FSLR	F	0.17%
DOCU	B	0.17%
VRSN	C	0.16%
ZS	B	0.16%
EPAM	B	0.15%
PSTG	D	0.15%
TER	F	0.15%
ENTG	F	0.15%
AKAM	F	0.15%
FFIV	B	0.15%
DT	C	0.15%
IOT	B	0.14%
ZETA	F	0.13%
JNPR	D	0.13%
CIEN	B	0.13%
SWKS	F	0.13%
GTLB	B	0.12%
BILL	B	0.12%
SNX	C	0.12%
OKTA	C	0.12%
QTWO	B	0.12%
MTSI	B	0.12%
CRDO	C	0.12%
VNT	C	0.11%
LITE	B	0.11%
ALTR	C	0.11%
KD	A	0.11%
ITRI	B	0.11%
RMBS	C	0.11%
CGNX	C	0.11%
BSY	F	0.11%
QLYS	B	0.11%
SMAR	A	0.11%
DBX	B	0.11%
ACIW	B	0.11%
CVLT	B	0.11%
CWAN	B	0.11%
LSCC	D	0.11%
U	F	0.11%
S	B	0.11%
FN	C	0.11%
CFLT	B	0.11%
PCOR	B	0.11%
SPSC	F	0.1%
AUR	D	0.1%
NOVT	C	0.1%
SANM	C	0.1%
ONTO	F	0.1%
PATH	C	0.1%
BOX	A	0.1%
MARA	B	0.1%
SMCI	F	0.1%
MKSI	C	0.1%
BDC	C	0.1%
BMI	B	0.1%
PI	D	0.1%
PLXS	C	0.1%
IDCC	B	0.1%
OLED	F	0.1%
HCP	A	0.09%
DLB	D	0.09%
TENB	C	0.09%
APPF	B	0.09%
ESTC	C	0.09%
AEIS	B	0.09%
ASGN	D	0.09%
VRNS	C	0.09%
DXC	B	0.09%
AVT	C	0.09%
ENPH	F	0.09%
ARW	F	0.09%
WK	B	0.09%
LFUS	D	0.09%
SITM	B	0.09%
SMTC	C	0.08%
CRUS	F	0.08%
NSIT	F	0.08%
QRVO	F	0.08%
BLKB	C	0.08%
POWI	D	0.08%
RIOT	C	0.08%
SLAB	F	0.08%
NCNO	B	0.08%
PEGA	B	0.08%
VERX	B	0.07%
TDC	F	0.07%
RNG	C	0.07%
DV	C	0.07%
PRGS	A	0.07%
DIOD	F	0.07%
AGYS	B	0.07%
SYNA	C	0.07%
FRSH	B	0.07%
AMKR	F	0.07%
MIR	B	0.07%
AI	C	0.07%
FORM	F	0.07%
FROG	C	0.07%
INTA	B	0.07%
BL	B	0.07%
CLSK	C	0.07%
AMBA	C	0.06%
OSIS	B	0.06%
FIVN	C	0.06%
IPGP	C	0.06%
TTMI	B	0.06%
RPD	C	0.06%
PLUS	F	0.06%
ALGM	F	0.06%
ACLS	F	0.06%
KLIC	C	0.06%
ALRM	C	0.06%
CXT	F	0.06%
SOUN	B	0.05%
VYX	B	0.05%
VSH	F	0.05%
BRZE	C	0.05%
CALX	F	0.05%
WULF	C	0.05%
EXTR	C	0.05%
ALKT	C	0.05%
DOCN	C	0.05%
PAR	B	0.05%
RBRK	B	0.05%
VIAV	C	0.05%
YOU	D	0.05%
SPT	C	0.04%
NTCT	B	0.04%
VECO	F	0.04%
PLAB	C	0.04%
KN	B	0.04%
UCTT	F	0.04%
CTS	C	0.04%
INFA	F	0.04%
PD	C	0.04%
BHE	C	0.04%
ROG	D	0.04%
RAMP	C	0.04%
FSLY	D	0.03%
JAMF	F	0.03%
ICHR	C	0.03%
ATEN	A	0.03%
MXL	C	0.03%
ENV	B	0.03%
ARLO	C	0.03%
SCSC	B	0.03%
DGII	B	0.03%
ASAN	C	0.03%
HLIT	D	0.03%
ZUO	B	0.03%
APPN	C	0.03%
COHU	C	0.03%
CIFR	C	0.03%
NSSC	F	0.03%
INFN	D	0.03%
VRNT	D	0.03%
AAOI	B	0.02%
AOSL	D	0.02%
LASR	D	0.02%
NTGR	B	0.02%
CEVA	B	0.02%
SWI	B	0.02%
BASE	C	0.02%
DJCO	B	0.02%
VSAT	F	0.02%
HCKT	B	0.02%
IBUY	B	0.02%
SEDG	F	0.02%
YEXT	B	0.02%
BLND	B	0.02%
BELFB	C	0.02%
NABL	F	0.02%
CXM	C	0.02%
PRO	C	0.02%
CNXN	C	0.02%
ACMR	D	0.02%
PDFS	C	0.02%
APLD	D	0.02%
WOLF	F	0.02%
GDYN	C	0.02%
XRX	F	0.02%
VPG	F	0.01%
CRSR	C	0.01%
MEI	F	0.01%
ENFN	B	0.01%
RBBN	B	0.01%
BIGC	C	0.01%
SEMR	F	0.01%
CLFD	F	0.01%
MITK	C	0.01%
LWLG	D	0.01%
WEAV	C	0.01%
TWKS	B	0.01%
ETWO	F	0.01%
DMRC	C	0.01%
KE	C	0.01%
MLNK	C	0.01%
INDI	C	0.01%
OLO	B	0.01%
NNBR	C	0.01%
DAKT	B	0.01%
OSPN	B	0.01%

FTEC Underweight 129 Positions Relative to TVAL

Symbol	Grade	Weight
XOM	B	-2.56%
CB	C	-2.23%
HIG	C	-1.96%
UNH	B	-1.9%
WMT	A	-1.89%
BAC	A	-1.89%
JNJ	D	-1.82%
ELV	F	-1.81%
WFC	A	-1.77%
SO	D	-1.67%
FI	A	-1.53%
KVUE	A	-1.49%
PM	B	-1.41%
LHX	B	-1.36%
COP	C	-1.25%
JPM	A	-1.23%
AVB	B	-1.22%
GE	D	-1.21%
LLY	F	-1.19%
TMO	F	-1.12%
SWK	F	-1.1%
CMI	A	-1.09%
BDX	F	-1.01%
EQH	B	-1.0%
GOOG	C	-0.95%
SCHW	B	-0.89%
TMUS	A	-0.88%
WY	F	-0.88%
META	B	-0.87%
AIG	B	-0.87%
CI	D	-0.87%
ZBH	C	-0.85%
CL	F	-0.84%
EOG	A	-0.82%
C	B	-0.81%
MCK	B	-0.8%
MRK	F	-0.8%
FITB	A	-0.77%
NWSA	B	-0.75%
VST	B	-0.74%
NSC	B	-0.74%
CVX	A	-0.73%
LIN	D	-0.73%
KO	F	-0.72%
PG	C	-0.72%
HUBB	C	-0.7%
GEV	B	-0.7%
TTE	F	-0.7%
HON	B	-0.68%
SRE	B	-0.68%
MMC	D	-0.67%
KMB	D	-0.66%
AEE	B	-0.65%
DHR	F	-0.65%
IP	B	-0.64%
HD	B	-0.63%
RSG	B	-0.62%
NEE	D	-0.59%
VZ	D	-0.58%
USB	B	-0.56%
BA	F	-0.56%
MS	A	-0.56%
D	D	-0.55%
AZO	B	-0.52%
RPM	A	-0.52%
ROK	B	-0.52%
CF	B	-0.52%
BAX	F	-0.5%
CSX	B	-0.49%
HWM	B	-0.48%
REXR	F	-0.48%
PGR	A	-0.48%
AZN	F	-0.47%
MAR	A	-0.47%
WMB	B	-0.46%
CMCSA	B	-0.46%
EQT	B	-0.46%
MCD	C	-0.46%
APO	B	-0.46%
TDG	D	-0.46%
HBAN	A	-0.45%
ARES	B	-0.45%
HCA	D	-0.45%
PSA	D	-0.44%
FANG	C	-0.43%
MDLZ	F	-0.43%
REGN	F	-0.42%
UNP	D	-0.42%
CPAY	A	-0.42%
LEN	D	-0.42%
LVS	C	-0.41%
LAMR	D	-0.4%
KDP	C	-0.4%
CAG	F	-0.4%
TSM	C	-0.39%
ALL	B	-0.39%
ABBV	F	-0.36%
YUM	B	-0.36%
BKR	B	-0.35%
PLD	D	-0.34%
EFX	F	-0.33%
A	F	-0.33%
COF	B	-0.33%
STLD	C	-0.32%
UAL	A	-0.31%
TT	B	-0.31%
AME	A	-0.31%
OTIS	D	-0.3%
CAT	B	-0.3%
VRTX	B	-0.29%
TJX	A	-0.29%
MOH	F	-0.28%
UPS	C	-0.28%
CARR	C	-0.27%
AXP	B	-0.26%
SPGI	C	-0.26%
MGM	D	-0.24%
ZTS	D	-0.23%
CVS	F	-0.23%
CME	B	-0.23%
HAL	C	-0.22%
VMC	B	-0.22%
MET	C	-0.22%
BHP	F	-0.2%
DIS	B	-0.2%
AVY	F	-0.19%
SNY	F	-0.19%
DTE	D	-0.17%
EQIX	B	-0.16%

FTEC: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Semiconductor Equipment & Materials Communication Equipment Electronic Components Scientific & Technical Instruments Contract Manufacturers Data Storage Capital Markets Computer Systems Telecom Services Business Services Computer Distribution Computer Hardware Consumer Electronics Diversified Industrials Electronics Distribution Internet Content & Information