FVAL vs. DLN ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to WisdomTree LargeCap Dividend Fund (DLN)

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

$60.22

Average Daily Volume

55,847

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

DLN

WisdomTree LargeCap Dividend Fund

DLN Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Dividend Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index that is comprised of the large-capitalization segment of the U.S. dividend-paying market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$77.99

Average Daily Volume

95,688

Number of Holdings ^*

300

* may have additional holdings in another (foreign) market

Performance

Period	FVAL	DLN
30 Days	2.44%	2.59%
60 Days	2.80%	4.99%
90 Days	5.00%	7.41%
12 Months	24.77%	26.00%

76 Overlapping Holdings

Symbol	Grade	Weight in FVAL	Weight in DLN	Overlap
AAPL	C	6.96%	3.64%	3.64%
ABBV	C	1.38%	2.73%	1.38%
ADM	D	0.41%	0.1%	0.1%
ADP	B	0.63%	0.38%	0.38%
AEP	C	0.3%	0.32%	0.3%
ARE	C	0.2%	0.12%	0.12%
AXP	B	0.79%	0.35%	0.35%
BAC	D	0.99%	1.25%	0.99%
BKNG	C	0.73%	0.28%	0.28%
BMY	C	0.9%	0.57%	0.57%
C	C	0.66%	0.64%	0.64%
CAT	B	0.73%	0.47%	0.47%
CI	C	0.96%	0.27%	0.27%
CMCSA	D	0.59%	0.95%	0.59%
CMI	C	0.46%	0.17%	0.17%
COF	B	0.57%	0.14%	0.14%
COP	D	0.39%	0.34%	0.34%
CRM	D	1.21%	0.23%	0.23%
CTSH	C	0.8%	0.08%	0.08%
CVS	D	0.81%	0.32%	0.32%
CVX	D	0.62%	1.61%	0.62%
DAL	C	0.47%	0.04%	0.04%
DE	B	0.62%	0.22%	0.22%
DFS	B	0.53%	0.12%	0.12%
DOW	D	0.2%	0.26%	0.2%
DUK	C	0.37%	0.51%	0.37%
EBAY	B	0.56%	0.1%	0.1%
ELV	C	0.97%	0.2%	0.2%
EOG	D	0.29%	0.45%	0.29%
EXC	C	0.28%	0.19%	0.19%
FDX	C	0.49%	0.18%	0.18%
GILD	B	0.95%	0.51%	0.51%
GM	C	0.57%	0.09%	0.09%
GOOGL	D	3.57%	0.93%	0.93%
HD	B	1.2%	1.99%	1.2%
HON	D	0.64%	0.56%	0.56%
HPE	D	0.69%	0.07%	0.07%
IBM	B	1.2%	1.47%	1.2%
JNJ	C	1.49%	2.4%	1.49%
JPM	D	1.62%	3.23%	1.62%
KMB	D	0.46%	0.35%	0.35%
KR	C	0.43%	0.18%	0.18%
KVUE	C	0.53%	0.22%	0.22%
LMT	C	0.63%	0.54%	0.54%
LVS	D	0.48%	0.07%	0.07%
MCD	B	0.9%	0.99%	0.9%
META	B	2.54%	0.97%	0.97%
MO	C	0.55%	0.79%	0.55%
MPC	F	0.27%	0.27%	0.27%
MRK	D	1.28%	1.11%	1.11%
MSFT	C	6.96%	3.39%	3.39%
MU	F	0.84%	0.08%	0.08%
NUE	F	0.19%	0.06%	0.06%
NVDA	D	6.47%	2.27%	2.27%
O	C	0.26%	0.32%	0.26%
PCAR	D	0.47%	0.29%	0.29%
PCG	C	0.28%	0.04%	0.04%
PG	C	1.17%	2.03%	1.17%
PLD	C	0.38%	0.48%	0.38%
PRU	C	0.54%	0.28%	0.28%
PSA	B	0.29%	0.36%	0.29%
QCOM	D	1.1%	0.52%	0.52%
SPG	B	0.26%	0.44%	0.26%
STLD	F	0.15%	0.03%	0.03%
SWKS	D	0.72%	0.06%	0.06%
TGT	C	0.5%	0.28%	0.28%
TRV	C	0.65%	0.15%	0.15%
UNH	C	1.78%	1.47%	1.47%
UNP	C	0.68%	0.46%	0.46%
UPS	D	0.55%	0.51%	0.51%
V	C	1.4%	0.75%	0.75%
VICI	C	0.23%	0.31%	0.23%
VLO	F	0.22%	0.2%	0.2%
WFC	D	0.81%	0.78%	0.78%
WMT	C	1.08%	1.81%	1.08%
XOM	C	1.12%	2.75%	1.12%

FVAL Overweight 48 Positions Relative to DLN

Symbol	Grade	Weight
AMZN	C	3.76%
BRK.A	C	2.08%
ACN	C	1.2%
ZM	C	0.86%
CNC	D	0.75%
RPRX	C	0.7%
VZ	B	0.68%
INTC	F	0.65%
T	C	0.63%
LIN	B	0.58%
RNR	C	0.57%
MMM	B	0.55%
EG	C	0.54%
NEE	C	0.54%
F	F	0.52%
EXPE	C	0.52%
SYF	C	0.51%
JXN	A	0.49%
UAL	C	0.48%
OZK	D	0.46%
G	C	0.45%
WYNN	D	0.45%
RHI	D	0.4%
M	F	0.4%
AGCO	D	0.39%
OC	D	0.37%
ACI	F	0.36%
BG	D	0.36%
PARA	F	0.29%
NEM	B	0.27%
ATKR	F	0.26%
FCX	D	0.25%
NRG	C	0.24%
CBRE	A	0.22%
NFG	B	0.2%
WPC	C	0.19%
BXP	B	0.19%
DVN	F	0.19%
UGI	C	0.19%
LYB	D	0.18%
HST	C	0.18%
GLPI	C	0.18%
CF	C	0.17%
JLL	B	0.17%
MUR	F	0.15%
CIVI	F	0.14%
MOS	F	0.14%
CLF	F	0.12%

FVAL Underweight 224 Positions Relative to DLN

Symbol	Grade	Weight
AVGO	C	-2.75%
KO	C	-1.92%
PEP	C	-1.48%
PM	C	-1.4%
CSCO	C	-1.31%
MS	D	-0.91%
LLY	C	-0.87%
TMUS	C	-0.77%
ORCL	C	-0.76%
TXN	C	-0.75%
AMGN	B	-0.73%
GS	C	-0.66%
RTX	C	-0.65%
LOW	B	-0.64%
GOOG	D	-0.59%
MA	B	-0.52%
ABT	C	-0.51%
COST	B	-0.5%
MDLZ	B	-0.5%
SO	B	-0.49%
BLK	B	-0.45%
USB	B	-0.44%
AMT	C	-0.43%
PNC	B	-0.42%
CL	D	-0.42%
TJX	B	-0.4%
D	C	-0.39%
BX	B	-0.38%
SBUX	C	-0.37%
OKE	B	-0.37%
WMB	B	-0.36%
CCI	C	-0.35%
ITW	C	-0.34%
MMC	C	-0.32%
AFL	C	-0.31%
PEG	B	-0.3%
PAYX	C	-0.28%
KHC	C	-0.27%
ADI	C	-0.27%
SYK	C	-0.27%
WM	D	-0.27%
ICE	C	-0.26%
XEL	B	-0.25%
WELL	C	-0.25%
ED	C	-0.25%
BK	B	-0.25%
DTD	A	-0.25%
MET	B	-0.24%
GD	B	-0.23%
FIS	B	-0.23%
PSX	F	-0.23%
SRE	C	-0.23%
ETR	B	-0.23%
CME	C	-0.22%
EQIX	C	-0.22%
SCHW	D	-0.22%
TMO	B	-0.22%
EXR	B	-0.22%
AVB	B	-0.22%
GIS	B	-0.21%
SYY	D	-0.21%
DLR	B	-0.21%
APD	B	-0.2%
PH	B	-0.2%
KDP	B	-0.19%
EIX	C	-0.19%
INTU	C	-0.19%
DHR	B	-0.19%
NKE	D	-0.18%
DIS	D	-0.18%
FAST	C	-0.18%
GLW	C	-0.18%
EMR	D	-0.18%
NSC	C	-0.18%
SPGI	B	-0.18%
HIG	B	-0.17%
MSI	B	-0.17%
ALL	B	-0.17%
GE	B	-0.17%
CTAS	B	-0.16%
AMAT	D	-0.16%
FITB	B	-0.16%
IRM	C	-0.16%
NOC	B	-0.16%
APO	C	-0.16%
EQR	B	-0.16%
FE	C	-0.15%
RF	B	-0.15%
TROW	D	-0.15%
ECL	B	-0.15%
AIG	D	-0.15%
SHW	B	-0.15%
ZTS	C	-0.15%
K	B	-0.15%
HPQ	D	-0.15%
PGR	B	-0.14%
AMP	A	-0.14%
YUM	D	-0.14%
ES	C	-0.14%
AEE	C	-0.14%
HBAN	B	-0.14%
MAR	C	-0.14%
WEC	C	-0.14%
BDX	D	-0.14%
MTB	B	-0.14%
APH	D	-0.14%
LHX	C	-0.13%
KLAC	D	-0.13%
HCA	B	-0.13%
VTR	C	-0.13%
MCO	B	-0.13%
STT	A	-0.13%
BBY	C	-0.13%
STZ	D	-0.13%
LRCX	F	-0.13%
CSX	D	-0.12%
DTE	C	-0.12%
KKR	B	-0.12%
DRI	B	-0.12%
PPG	D	-0.11%
ATO	B	-0.11%
BKR	C	-0.11%
CARR	B	-0.11%
RSG	D	-0.11%
OTIS	C	-0.11%
PPL	C	-0.11%
DD	B	-0.1%
MCHP	F	-0.1%
HRL	C	-0.09%
NTAP	D	-0.09%
TRGP	B	-0.09%
CMS	C	-0.09%
NTRS	A	-0.09%
INVH	C	-0.09%
TSN	C	-0.09%
CLX	C	-0.09%
FANG	D	-0.09%
GWW	B	-0.09%
HSY	C	-0.09%
ARES	B	-0.09%
PFG	B	-0.09%
OXY	F	-0.08%
AWK	B	-0.08%
CINF	B	-0.08%
BR	D	-0.08%
TSCO	C	-0.08%
WRB	C	-0.08%
URI	B	-0.08%
OMC	B	-0.08%
LNG	C	-0.08%
MCK	F	-0.07%
SUI	B	-0.07%
ROK	D	-0.07%
NDAQ	A	-0.07%
ROST	C	-0.07%
HES	F	-0.07%
CAH	C	-0.07%
MKC	C	-0.07%
GPC	D	-0.07%
AJG	D	-0.07%
DHI	B	-0.07%
CEG	C	-0.07%
WY	C	-0.07%
ROP	C	-0.06%
HLT	B	-0.06%
HAL	F	-0.06%
CNP	C	-0.06%
DELL	D	-0.06%
MSCI	C	-0.06%
LEN	B	-0.06%
RS	D	-0.05%
CDW	D	-0.05%
VRSK	D	-0.05%
DOV	B	-0.05%
DGX	B	-0.05%
RJF	C	-0.05%
EA	D	-0.05%
AME	C	-0.05%
RMD	C	-0.05%
XYL	C	-0.05%
PHM	B	-0.05%
VMC	D	-0.05%
CBOE	C	-0.05%
PWR	B	-0.04%
EFX	B	-0.04%
BAH	C	-0.04%
IR	C	-0.04%
MRO	C	-0.04%
BALL	C	-0.04%
AVY	C	-0.04%
BRO	C	-0.04%
HWM	B	-0.04%
GEHC	C	-0.04%
A	C	-0.04%
HUM	F	-0.04%
ROL	C	-0.04%
MPWR	C	-0.04%
ODFL	D	-0.04%
HUBB	B	-0.04%
SBAC	C	-0.04%
ERIE	B	-0.04%
FTV	C	-0.03%
VRT	C	-0.03%
WAB	B	-0.03%
GPN	D	-0.03%
CHD	D	-0.03%
WLK	D	-0.03%
MLM	D	-0.03%
EXPD	C	-0.03%
HEI	B	-0.02%
LPLA	D	-0.02%
TXT	D	-0.02%
FDS	C	-0.02%
L	C	-0.02%
J	C	-0.02%
JBHT	D	-0.02%
VLTO	C	-0.02%
WST	D	-0.02%
FCNCA	D	-0.02%
ZBH	F	-0.02%
WMG	D	-0.01%
LEN	B	-0.01%
TW	B	-0.01%
HEI	B	-0.01%