FVAL vs. DGT ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to SPDR Global Dow ETF (based on The Global Dow) (DGT)

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

$63.26

Average Daily Volume

81,569

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

DGT

SPDR Global Dow ETF (based on The Global Dow)

DGT Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of multinational blue-chip issuers. In seeking to track the performance of The Global Dow (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is made up of 150 constituents from around the world selected by an Averages Committee comprised of the managing editor of the Wall Street Journal. It is non-diversified.

Grade (RS Rating)

Last Trade

$136.93

Average Daily Volume

7,129

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FVAL	DGT
30 Days	3.33%	0.91%
60 Days	5.59%	0.58%
90 Days	6.82%	2.03%
12 Months	28.35%	23.47%

47 Overlapping Holdings

Symbol	Grade	Weight in FVAL	Weight in DGT	Overlap
AAPL	C	6.68%	0.67%	0.67%
ABBV	D	1.11%	0.58%	0.58%
ABBV	D	1.11%	0.67%	0.67%
ACN	C	1.15%	0.68%	0.68%
AMZN	C	3.88%	0.75%	0.75%
AXP	A	0.83%	0.74%	0.74%
BAC	A	1.13%	0.78%	0.78%
BKNG	A	0.87%	0.83%	0.83%
BRK.A	B	2.07%	0.69%	0.69%
CAT	B	0.77%	0.74%	0.74%
COP	C	0.4%	0.71%	0.4%
CRM	B	1.46%	0.86%	0.86%
CVS	D	0.71%	0.62%	0.62%
CVX	A	0.67%	0.75%	0.67%
DE	A	0.59%	0.66%	0.59%
DUK	C	0.34%	0.62%	0.34%
EBAY	D	0.51%	0.64%	0.51%
FDX	B	0.48%	0.67%	0.48%
GILD	C	0.97%	0.73%	0.73%
GOOGL	C	3.72%	0.4%	0.4%
HD	A	1.22%	0.71%	0.71%
HON	B	0.68%	0.74%	0.68%
IBM	C	1.09%	0.64%	0.64%
INTC	D	0.77%	0.83%	0.77%
JNJ	D	1.31%	0.6%	0.6%
JPM	A	1.84%	0.78%	0.78%
MCD	D	0.84%	0.67%	0.67%
META	D	2.55%	0.72%	0.72%
MMM	D	0.5%	0.65%	0.5%
MRK	F	1.01%	0.56%	0.56%
MSFT	F	6.37%	0.65%	0.65%
NEE	D	0.46%	0.58%	0.46%
NVDA	C	7.33%	0.81%	0.81%
PG	A	1.08%	0.63%	0.63%
PLD	D	0.32%	0.58%	0.32%
QCOM	F	1.0%	0.64%	0.64%
SPG	B	0.27%	0.71%	0.27%
T	A	0.62%	0.67%	0.62%
TRV	B	0.68%	0.71%	0.68%
UNH	C	1.69%	0.66%	0.66%
UNP	C	0.61%	0.62%	0.61%
UPS	C	0.55%	0.68%	0.55%
V	A	1.44%	0.71%	0.71%
VZ	C	0.61%	0.6%	0.6%
WFC	A	1.08%	0.9%	0.9%
WMT	A	1.07%	0.69%	0.69%
XOM	B	1.14%	0.71%	0.71%

FVAL Overweight 78 Positions Relative to DGT

Symbol	Grade	Weight
BMY	B	0.98%
ZM	B	0.98%
MU	D	0.85%
UAL	A	0.84%
CI	F	0.81%
HPE	B	0.81%
CTSH	B	0.76%
C	A	0.74%
COF	B	0.72%
DFS	B	0.68%
SYF	B	0.67%
ELV	F	0.67%
GM	B	0.67%
EXPE	B	0.66%
DAL	C	0.64%
ADP	B	0.64%
CMCSA	B	0.61%
RPRX	D	0.61%
SWKS	F	0.56%
JXN	C	0.56%
LMT	D	0.56%
PRU	A	0.56%
LVS	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%
EG	C	0.5%
WYNN	D	0.5%
G	B	0.49%
TGT	F	0.48%
RHI	B	0.44%
KR	B	0.43%
OC	A	0.42%
KMB	D	0.41%
M	D	0.39%
AGCO	D	0.38%
ADM	D	0.35%
ACI	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%
STLD	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 46 Positions Relative to DGT

Symbol	Grade	Weight
CCL	B	-0.93%
TSLA	B	-0.89%
PYPL	B	-0.81%
GS	A	-0.8%
DIS	B	-0.79%
NFLX	A	-0.79%
HWM	A	-0.78%
ORCL	B	-0.76%
CSCO	B	-0.76%
TSM	B	-0.75%
BK	A	-0.74%
MFG	B	-0.74%
MUFG	B	-0.73%
MT	B	-0.72%
HPQ	B	-0.72%
SLB	C	-0.71%
AIG	B	-0.68%
HSBH	B	-0.68%
PM	B	-0.67%
AVGO	D	-0.67%
DD	D	-0.67%
RTX	C	-0.66%
GE	D	-0.66%
ADBE	C	-0.66%
SBUX	A	-0.66%
ABT	B	-0.65%
SONY	B	-0.65%
TM	D	-0.64%
MDT	D	-0.63%
NKE	D	-0.63%
INFY	B	-0.62%
PEP	F	-0.61%
AMD	F	-0.6%
NVS	D	-0.59%
BA	F	-0.58%
PFE	D	-0.58%
AMGN	D	-0.58%
CL	D	-0.57%
MDLZ	F	-0.57%
KO	D	-0.57%
LLY	F	-0.56%
HMC	F	-0.53%
BAX	D	-0.52%
BABA	D	-0.5%
GOOG	C	-0.34%
BABA	D	-0.2%