FVAL vs. CHGX ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to Change Finance U.S. Large Cap Fossil Fuel Free ETF (CHGX)

FVAL

Fidelity Value Factor ETF

FVAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Value Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Value Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that have attractive valuations.

Grade (RS Rating)

Last Trade

$63.75

Average Daily Volume

81,569

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

CHGX

Change Finance U.S. Large Cap Fossil Fuel Free ETF

CHGX Description

The investment seeks to track the performance, before fees and expenses, of the Change Finance Diversified Impact U.S. Large Cap Fossil Fuel Free Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. The index was developed by Change Finance, PBC, the fund's investment adviser and index provider, and uses an objective, rules-based methodology to measure the performance of an equal-weighted portfolio of approximately 100 large cap U.S.-listed companies that meet a diverse set of environmental, social, and governance (ESG) standards.

Grade (RS Rating)

Last Trade

$40.31

Average Daily Volume

6,526

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FVAL	CHGX
30 Days	3.33%	3.66%
60 Days	5.59%	4.50%
90 Days	6.82%	6.28%
12 Months	28.35%	28.25%

22 Overlapping Holdings

Symbol	Grade	Weight in FVAL	Weight in CHGX	Overlap
AAPL	C	6.68%	0.95%	0.95%
ABBV	D	1.11%	0.83%	0.83%
ACN	C	1.15%	1.01%	1.01%
ADP	B	0.64%	1.05%	0.64%
AXP	A	0.83%	1.08%	0.83%
CAT	B	0.77%	1.04%	0.77%
CMCSA	B	0.61%	1.05%	0.61%
CRM	B	1.46%	1.27%	1.27%
CTSH	B	0.76%	0.97%	0.76%
DE	A	0.59%	1.08%	0.59%
GOOGL	C	3.72%	0.98%	0.98%
IBM	C	1.09%	1.05%	1.05%
INTC	D	0.77%	1.06%	0.77%
JNJ	D	1.31%	0.89%	0.89%
MRK	F	1.01%	0.8%	0.8%
MU	D	0.85%	1.02%	0.85%
NVDA	C	7.33%	1.17%	1.17%
PLD	D	0.32%	0.85%	0.32%
QCOM	F	1.0%	0.85%	0.85%
SPG	B	0.27%	1.04%	0.27%
STLD	B	0.18%	1.16%	0.18%
V	A	1.44%	1.07%	1.07%

FVAL Overweight 102 Positions Relative to CHGX

Symbol	Grade	Weight
MSFT	F	6.37%
AMZN	C	3.88%
META	D	2.55%
BRK.A	B	2.07%
JPM	A	1.84%
UNH	C	1.69%
HD	A	1.22%
XOM	B	1.14%
BAC	A	1.13%
WFC	A	1.08%
PG	A	1.08%
WMT	A	1.07%
BMY	B	0.98%
ZM	B	0.98%
GILD	C	0.97%
BKNG	A	0.87%
UAL	A	0.84%
MCD	D	0.84%
CI	F	0.81%
HPE	B	0.81%
C	A	0.74%
COF	B	0.72%
CVS	D	0.71%
TRV	B	0.68%
DFS	B	0.68%
HON	B	0.68%
SYF	B	0.67%
ELV	F	0.67%
GM	B	0.67%
CVX	A	0.67%
EXPE	B	0.66%
DAL	C	0.64%
T	A	0.62%
VZ	C	0.61%
RPRX	D	0.61%
UNP	C	0.61%
SWKS	F	0.56%
JXN	C	0.56%
LMT	D	0.56%
PRU	A	0.56%
LVS	C	0.55%
UPS	C	0.55%
MO	A	0.55%
CNC	D	0.54%
RNR	C	0.54%
LIN	D	0.53%
PCAR	B	0.53%
KVUE	A	0.52%
CMI	A	0.52%
F	C	0.51%
OZK	B	0.51%
EBAY	D	0.51%
EG	C	0.5%
WYNN	D	0.5%
MMM	D	0.5%
G	B	0.49%
TGT	F	0.48%
FDX	B	0.48%
NEE	D	0.46%
RHI	B	0.44%
KR	B	0.43%
OC	A	0.42%
KMB	D	0.41%
COP	C	0.4%
M	D	0.39%
AGCO	D	0.38%
ADM	D	0.35%
ACI	C	0.34%
DUK	C	0.34%
BG	F	0.32%
EOG	A	0.31%
PCG	A	0.29%
PARA	C	0.28%
EXC	C	0.26%
ATKR	C	0.26%
NRG	B	0.26%
AEP	D	0.26%
PSA	D	0.25%
FCX	D	0.24%
MPC	D	0.24%
O	D	0.23%
CBRE	B	0.23%
VLO	C	0.22%
NFG	A	0.2%
VICI	C	0.2%
NUE	C	0.19%
NEM	D	0.19%
BXP	D	0.18%
DVN	F	0.18%
CF	B	0.18%
UGI	A	0.18%
HST	C	0.17%
JLL	D	0.17%
WPC	D	0.16%
ARE	D	0.16%
GLPI	C	0.16%
DOW	F	0.16%
LYB	F	0.15%
CIVI	D	0.13%
MOS	F	0.13%
MUR	D	0.13%
CLF	F	0.11%

FVAL Underweight 78 Positions Relative to CHGX

Symbol	Grade	Weight
SQ	B	-1.34%
ORCL	B	-1.3%
FICO	B	-1.29%
CRWD	B	-1.23%
NFLX	A	-1.22%
AMP	A	-1.21%
DIS	B	-1.21%
SCHW	B	-1.18%
NOW	A	-1.17%
FTNT	C	-1.17%
GWW	B	-1.16%
MRVL	B	-1.16%
ADSK	A	-1.16%
PYPL	B	-1.12%
BK	A	-1.1%
DECK	A	-1.09%
CSCO	B	-1.09%
CDNS	B	-1.09%
ANET	C	-1.09%
MCK	B	-1.07%
NDAQ	A	-1.07%
STT	A	-1.06%
EA	A	-1.06%
AON	A	-1.06%
PANW	C	-1.05%
CHD	B	-1.05%
CPRT	A	-1.03%
ORA	B	-1.03%
INTU	C	-1.03%
SYK	C	-1.03%
MA	C	-1.02%
ORLY	B	-1.02%
SNPS	B	-1.02%
VRSK	A	-1.01%
IT	C	-1.01%
CARR	D	-1.0%
PGR	A	-1.0%
HPQ	B	-1.0%
CME	A	-1.0%
ABT	B	-0.99%
FIS	C	-0.99%
GOOG	C	-0.98%
COR	B	-0.98%
WDAY	B	-0.97%
TJX	A	-0.97%
MSCI	C	-0.96%
AVGO	D	-0.96%
SPGI	C	-0.95%
ROP	B	-0.95%
ICE	C	-0.94%
MMC	B	-0.94%
AWK	D	-0.93%
PHM	D	-0.93%
MCO	B	-0.93%
ECL	D	-0.92%
SYY	B	-0.92%
AZO	C	-0.92%
ROST	C	-0.91%
MDT	D	-0.91%
LEN	D	-0.88%
A	D	-0.88%
TXN	C	-0.88%
AMD	F	-0.88%
ADI	D	-0.87%
NKE	D	-0.86%
GIS	D	-0.85%
ADBE	C	-0.84%
ON	D	-0.84%
PFE	D	-0.83%
AMGN	D	-0.83%
TMO	F	-0.8%
HCA	F	-0.8%
EFX	F	-0.79%
MCHP	D	-0.77%
LLY	F	-0.75%
IQV	D	-0.75%
KLAC	D	-0.74%
MPWR	F	-0.58%