FVAL vs. EUSA ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to iShares MSCI USA Index Fund (EUSA)

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

EUSA

iShares MSCI USA Index Fund

EUSA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI USA Index (the "underlying index"). The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a market capitalization-weighted index designed to measure the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$95.42

Average Daily Volume

54,911

Number of Holdings ^*

591

* may have additional holdings in another (foreign) market

Performance

Period	FVAL	EUSA
30 Days	2.44%	3.96%
60 Days	2.80%	5.77%
90 Days	5.00%	7.92%
12 Months	24.77%	25.27%

109 Overlapping Holdings

Symbol	Grade	Weight in FVAL	Weight in EUSA	Overlap
AAPL	C	6.96%	0.16%	0.16%
ABBV	C	1.38%	0.17%	0.17%
ACI	F	0.36%	0.15%	0.15%
ACN	C	1.2%	0.17%	0.17%
ADM	D	0.41%	0.17%	0.17%
ADP	B	0.63%	0.17%	0.17%
AEP	C	0.3%	0.18%	0.18%
AMZN	C	3.76%	0.17%	0.17%
ARE	C	0.2%	0.18%	0.18%
AXP	B	0.79%	0.17%	0.17%
BAC	D	0.99%	0.17%	0.17%
BG	D	0.36%	0.17%	0.17%
BKNG	C	0.73%	0.18%	0.18%
BMY	C	0.9%	0.17%	0.17%
BRK.A	C	2.08%	0.17%	0.17%
BXP	B	0.19%	0.19%	0.19%
C	C	0.66%	0.16%	0.16%
CAT	B	0.73%	0.17%	0.17%
CBRE	A	0.22%	0.18%	0.18%
CF	C	0.17%	0.16%	0.16%
CI	C	0.96%	0.18%	0.18%
CMCSA	D	0.59%	0.16%	0.16%
CMI	C	0.46%	0.17%	0.17%
CNC	D	0.75%	0.16%	0.16%
COF	B	0.57%	0.16%	0.16%
COP	D	0.39%	0.15%	0.15%
CRM	D	1.21%	0.16%	0.16%
CTSH	C	0.8%	0.17%	0.17%
CVS	D	0.81%	0.16%	0.16%
CVX	D	0.62%	0.16%	0.16%
DAL	C	0.47%	0.19%	0.19%
DE	B	0.62%	0.18%	0.18%
DFS	B	0.53%	0.16%	0.16%
DOW	D	0.2%	0.16%	0.16%
DUK	C	0.37%	0.17%	0.17%
DVN	F	0.19%	0.15%	0.15%
EBAY	B	0.56%	0.19%	0.19%
EG	C	0.54%	0.17%	0.17%
ELV	C	0.97%	0.17%	0.17%
EOG	D	0.29%	0.16%	0.16%
EXC	C	0.28%	0.18%	0.18%
EXPE	C	0.52%	0.17%	0.17%
F	F	0.52%	0.17%	0.17%
FCX	D	0.25%	0.16%	0.16%
FDX	C	0.49%	0.17%	0.17%
GILD	B	0.95%	0.18%	0.18%
GLPI	C	0.18%	0.18%	0.18%
GM	C	0.57%	0.17%	0.17%
GOOGL	D	3.57%	0.08%	0.08%
HD	B	1.2%	0.17%	0.17%
HON	D	0.64%	0.17%	0.17%
HPE	D	0.69%	0.15%	0.15%
HST	C	0.18%	0.18%	0.18%
IBM	B	1.2%	0.18%	0.18%
INTC	F	0.65%	0.16%	0.16%
JNJ	C	1.49%	0.17%	0.17%
JPM	D	1.62%	0.16%	0.16%
KMB	D	0.46%	0.17%	0.17%
KR	C	0.43%	0.18%	0.18%
KVUE	C	0.53%	0.18%	0.18%
LIN	B	0.58%	0.17%	0.17%
LMT	C	0.63%	0.17%	0.17%
LVS	D	0.48%	0.16%	0.16%
LYB	D	0.18%	0.16%	0.16%
MCD	B	0.9%	0.17%	0.17%
META	B	2.54%	0.17%	0.17%
MMM	B	0.55%	0.17%	0.17%
MO	C	0.55%	0.17%	0.17%
MOS	F	0.14%	0.16%	0.14%
MPC	F	0.27%	0.16%	0.16%
MRK	D	1.28%	0.17%	0.17%
MSFT	C	6.96%	0.17%	0.17%
MU	F	0.84%	0.14%	0.14%
NEE	C	0.54%	0.18%	0.18%
NEM	B	0.27%	0.17%	0.17%
NRG	C	0.24%	0.17%	0.17%
NUE	F	0.19%	0.17%	0.17%
NVDA	D	6.47%	0.16%	0.16%
O	C	0.26%	0.17%	0.17%
OC	D	0.37%	0.17%	0.17%
PARA	F	0.29%	0.16%	0.16%
PCAR	D	0.47%	0.17%	0.17%
PCG	C	0.28%	0.18%	0.18%
PG	C	1.17%	0.17%	0.17%
PLD	C	0.38%	0.17%	0.17%
PRU	C	0.54%	0.19%	0.19%
PSA	B	0.29%	0.18%	0.18%
QCOM	D	1.1%	0.16%	0.16%
RPRX	C	0.7%	0.17%	0.17%
SPG	B	0.26%	0.17%	0.17%
STLD	F	0.15%	0.16%	0.15%
SWKS	D	0.72%	0.16%	0.16%
SYF	C	0.51%	0.17%	0.17%
T	C	0.63%	0.19%	0.19%
TGT	C	0.5%	0.17%	0.17%
TRV	C	0.65%	0.18%	0.18%
UNH	C	1.78%	0.17%	0.17%
UNP	C	0.68%	0.17%	0.17%
UPS	D	0.55%	0.16%	0.16%
V	C	1.4%	0.2%	0.2%
VICI	C	0.23%	0.18%	0.18%
VLO	F	0.22%	0.16%	0.16%
VZ	B	0.68%	0.18%	0.18%
WFC	D	0.81%	0.16%	0.16%
WMT	C	1.08%	0.18%	0.18%
WPC	C	0.19%	0.18%	0.18%
WYNN	D	0.45%	0.17%	0.17%
XOM	C	1.12%	0.16%	0.16%
ZM	C	0.86%	0.19%	0.19%

FVAL Overweight 15 Positions Relative to EUSA

Symbol	Grade	Weight
RNR	C	0.57%
JXN	A	0.49%
UAL	C	0.48%
OZK	D	0.46%
G	C	0.45%
RHI	D	0.4%
M	F	0.4%
AGCO	D	0.39%
ATKR	F	0.26%
NFG	B	0.2%
UGI	C	0.19%
JLL	B	0.17%
MUR	F	0.15%
CIVI	F	0.14%
CLF	F	0.12%

FVAL Underweight 482 Positions Relative to EUSA

Symbol	Grade	Weight
APP	C	-0.22%
PODD	B	-0.21%
SOLV	C	-0.2%
ROKU	C	-0.2%
GEV	B	-0.2%
HOOD	C	-0.19%
RMD	C	-0.19%
ERIE	B	-0.19%
UDR	C	-0.19%
CARR	B	-0.19%
BLDR	C	-0.19%
VEEV	C	-0.19%
CCL	C	-0.19%
VRT	C	-0.19%
FI	A	-0.19%
JKHY	B	-0.19%
RBLX	B	-0.19%
AFL	C	-0.19%
PHM	B	-0.19%
BX	B	-0.19%
MDB	D	-0.19%
HIG	B	-0.19%
MA	B	-0.19%
COO	B	-0.19%
MET	B	-0.19%
BBY	C	-0.19%
IOT	B	-0.19%
ORCL	C	-0.19%
TDG	B	-0.18%
SBUX	C	-0.18%
CTVA	B	-0.18%
MTB	B	-0.18%
AVTR	B	-0.18%
AMH	C	-0.18%
REG	C	-0.18%
KDP	B	-0.18%
HCA	B	-0.18%
GIS	B	-0.18%
CSGP	D	-0.18%
SHW	B	-0.18%
HBAN	B	-0.18%
TRGP	B	-0.18%
OKE	B	-0.18%
IFF	B	-0.18%
CNH	D	-0.18%
WSM	D	-0.18%
EVRG	B	-0.18%
RPM	B	-0.18%
WAB	B	-0.18%
GE	B	-0.18%
MSTR	D	-0.18%
MELI	B	-0.18%
FITB	B	-0.18%
CINF	B	-0.18%
ATO	B	-0.18%
XEL	B	-0.18%
RCL	B	-0.18%
LOW	B	-0.18%
PEG	B	-0.18%
PAYC	D	-0.18%
AES	C	-0.18%
CTAS	B	-0.18%
ELS	C	-0.18%
BK	B	-0.18%
PM	C	-0.18%
DLR	B	-0.18%
FICO	B	-0.18%
FDS	C	-0.18%
PGR	B	-0.18%
WDAY	D	-0.18%
PKG	B	-0.18%
MRVL	C	-0.18%
MKC	C	-0.18%
NI	B	-0.18%
ALLE	B	-0.18%
BSX	B	-0.18%
LEN	B	-0.18%
KIM	C	-0.18%
CMG	C	-0.18%
MAA	B	-0.18%
LUV	C	-0.18%
TRU	B	-0.18%
TSCO	C	-0.18%
AVB	B	-0.18%
VST	C	-0.18%
FLUT	B	-0.18%
EMN	B	-0.18%
CCI	C	-0.18%
PAYX	C	-0.18%
AMT	C	-0.18%
SYK	C	-0.18%
WY	C	-0.18%
IRM	C	-0.18%
DHI	B	-0.18%
KEYS	C	-0.18%
EQR	B	-0.18%
DAY	D	-0.18%
FBIN	B	-0.18%
AIZ	B	-0.18%
MNST	D	-0.18%
EME	B	-0.18%
AFG	B	-0.18%
CNP	C	-0.18%
HUBB	B	-0.18%
WBD	D	-0.18%
APO	C	-0.18%
BAX	C	-0.18%
DKNG	C	-0.18%
ETR	B	-0.18%
CLX	C	-0.18%
CB	B	-0.18%
Z	B	-0.18%
ACGL	C	-0.18%
CPAY	B	-0.18%
ESS	B	-0.18%
PNR	B	-0.18%
SBAC	C	-0.18%
PLTR	B	-0.18%
VTR	C	-0.18%
TOST	C	-0.18%
FIS	B	-0.18%
MKTX	C	-0.18%
SUI	B	-0.18%
DVA	B	-0.18%
EXAS	C	-0.18%
WELL	C	-0.18%
BDX	D	-0.17%
SJM	C	-0.17%
DOCU	C	-0.17%
EXPD	C	-0.17%
TFC	C	-0.17%
TMO	B	-0.17%
CFG	C	-0.17%
MCO	B	-0.17%
CDW	D	-0.17%
RS	D	-0.17%
SQ	D	-0.17%
STX	C	-0.17%
JNPR	B	-0.17%
EMR	D	-0.17%
BSY	D	-0.17%
ORLY	C	-0.17%
HWM	B	-0.17%
EQT	D	-0.17%
PEP	C	-0.17%
VRTX	D	-0.17%
ROP	C	-0.17%
VRSK	D	-0.17%
TXT	D	-0.17%
WST	D	-0.17%
CG	D	-0.17%
VLTO	C	-0.17%
K	B	-0.17%
OTIS	C	-0.17%
CSX	D	-0.17%
WTRG	D	-0.17%
LKQ	F	-0.17%
NFLX	B	-0.17%
RSG	D	-0.17%
WCN	D	-0.17%
LHX	C	-0.17%
CTLT	B	-0.17%
CHRW	B	-0.17%
ABNB	D	-0.17%
DIS	D	-0.17%
VTRS	D	-0.17%
COR	D	-0.17%
SEIC	C	-0.17%
HOLX	B	-0.17%
SNAP	F	-0.17%
SYY	D	-0.17%
KHC	C	-0.17%
EPAM	F	-0.17%
CHK	D	-0.17%
AME	C	-0.17%
AMP	A	-0.17%
HSY	C	-0.17%
MPWR	C	-0.17%
ADI	C	-0.17%
PWR	B	-0.17%
BR	D	-0.17%
HUBS	D	-0.17%
DT	C	-0.17%
AVGO	C	-0.17%
KMI	B	-0.17%
CBOE	C	-0.17%
RTX	C	-0.17%
TRMB	C	-0.17%
ROL	C	-0.17%
AEE	C	-0.17%
WDC	D	-0.17%
DHR	B	-0.17%
TYL	C	-0.17%
ISRG	B	-0.17%
TW	B	-0.17%
IDXX	C	-0.17%
WSO	C	-0.17%
PH	B	-0.17%
ICE	C	-0.17%
MANH	B	-0.17%
MKL	C	-0.17%
ACM	B	-0.17%
TMUS	C	-0.17%
SNA	C	-0.17%
NLY	B	-0.17%
AMCR	B	-0.17%
PFE	C	-0.17%
NOC	B	-0.17%
ANET	B	-0.17%
DGX	B	-0.17%
AMGN	B	-0.17%
HSIC	C	-0.17%
EIX	C	-0.17%
AXON	B	-0.17%
BIO	C	-0.17%
PPG	D	-0.17%
LULU	D	-0.17%
LYV	B	-0.17%
ULTA	D	-0.17%
WMB	B	-0.17%
RF	B	-0.17%
RJF	C	-0.17%
CPB	C	-0.17%
OMC	B	-0.17%
RVTY	B	-0.17%
VRSN	D	-0.17%
IR	C	-0.17%
H	C	-0.17%
AVY	C	-0.17%
SRE	C	-0.17%
RIVN	F	-0.17%
NSC	C	-0.17%
KO	C	-0.17%
GGG	C	-0.17%
ES	C	-0.17%
TAP	D	-0.17%
CHD	D	-0.17%
BLK	B	-0.17%
GWW	B	-0.17%
DD	B	-0.17%
PPL	C	-0.17%
HLT	B	-0.17%
L	C	-0.17%
IP	B	-0.17%
WRB	C	-0.17%
FE	C	-0.17%
CME	C	-0.17%
UHS	B	-0.17%
CRH	B	-0.17%
SSNC	B	-0.17%
MOH	D	-0.17%
TDY	B	-0.17%
CEG	C	-0.17%
URI	B	-0.17%
USB	B	-0.17%
DASH	C	-0.17%
NTRS	A	-0.17%
CSL	B	-0.17%
AON	B	-0.17%
DTE	C	-0.17%
BRO	C	-0.17%
BAH	C	-0.17%
LDOS	B	-0.17%
D	C	-0.17%
POOL	C	-0.17%
CAH	C	-0.17%
MSI	B	-0.17%
AIG	D	-0.17%
ARES	B	-0.17%
ETN	C	-0.17%
SPGI	B	-0.17%
EFX	B	-0.17%
GD	B	-0.17%
DOV	B	-0.17%
TECH	C	-0.17%
DELL	D	-0.17%
UHAL	A	-0.17%
CCK	A	-0.17%
ECL	B	-0.17%
ITW	C	-0.17%
GPN	D	-0.17%
DRI	B	-0.17%
BALL	C	-0.17%
WEC	C	-0.17%
FAST	C	-0.17%
TFX	C	-0.17%
LW	D	-0.17%
CL	D	-0.17%
JCI	B	-0.17%
FTV	C	-0.17%
GEHC	C	-0.17%
LII	B	-0.17%
ZTS	C	-0.17%
APD	B	-0.17%
TTD	B	-0.17%
FSLR	C	-0.17%
INVH	C	-0.17%
ALB	D	-0.17%
MAR	C	-0.17%
KKR	B	-0.17%
ABT	C	-0.17%
CMS	C	-0.17%
SO	B	-0.17%
NDAQ	A	-0.17%
STZ	D	-0.17%
PNC	B	-0.17%
EQIX	C	-0.17%
STT	A	-0.17%
ALGN	D	-0.17%
CPT	B	-0.17%
DOC	C	-0.17%
SWK	B	-0.17%
TSLA	C	-0.17%
WTW	C	-0.17%
AZPN	B	-0.17%
NDSN	C	-0.17%
IT	B	-0.17%
MDT	C	-0.17%
MMC	C	-0.17%
SW	B	-0.17%
TJX	B	-0.17%
LNT	B	-0.17%
CAG	C	-0.17%
COST	B	-0.17%
PFG	B	-0.17%
AWK	B	-0.17%
NVR	B	-0.17%
FNF	B	-0.17%
NOW	B	-0.17%
MDLZ	B	-0.17%
ALL	B	-0.17%
ADSK	C	-0.17%
ED	C	-0.17%
TEAM	D	-0.17%
GLW	C	-0.17%
FFIV	B	-0.17%
TT	B	-0.17%
GEN	B	-0.17%
ROST	C	-0.17%
MAS	B	-0.17%
STE	C	-0.17%
AJG	D	-0.17%
EXR	B	-0.17%
BURL	B	-0.17%
MGM	F	-0.16%
EQH	C	-0.16%
TTC	D	-0.16%
LPLA	D	-0.16%
ENPH	D	-0.16%
FERG	D	-0.16%
MRO	C	-0.16%
PANW	D	-0.16%
HES	F	-0.16%
NKE	D	-0.16%
DPZ	F	-0.16%
DDOG	D	-0.16%
ON	D	-0.16%
ALNY	C	-0.16%
ZBH	F	-0.16%
MCK	F	-0.16%
ADBE	F	-0.16%
CDNS	D	-0.16%
CTRA	D	-0.16%
FWONK	C	-0.16%
DXCM	F	-0.16%
APH	D	-0.16%
BIIB	F	-0.16%
MTCH	C	-0.16%
HII	D	-0.16%
DINO	F	-0.16%
REGN	C	-0.16%
NET	D	-0.16%
CPRT	D	-0.16%
SCHW	D	-0.16%
AKAM	D	-0.16%
PSX	F	-0.16%
NWSA	D	-0.16%
HPQ	D	-0.16%
TROW	D	-0.16%
ODFL	D	-0.16%
MTD	D	-0.16%
LH	C	-0.16%
J	C	-0.16%
QRVO	F	-0.16%
WAT	C	-0.16%
MCHP	F	-0.16%
DKS	D	-0.16%
WLK	D	-0.16%
ILMN	C	-0.16%
LLY	C	-0.16%
IQV	C	-0.16%
JBHT	D	-0.16%
CRWD	D	-0.16%
CE	F	-0.16%
AMD	D	-0.16%
ANSS	D	-0.16%
VMC	D	-0.16%
KEY	B	-0.16%
TXN	C	-0.16%
AZO	D	-0.16%
YUM	D	-0.16%
TEL	D	-0.16%
TSN	C	-0.16%
UTHR	C	-0.16%
MLM	D	-0.16%
TTWO	C	-0.16%
EA	D	-0.16%
CHTR	D	-0.16%
A	C	-0.16%
ZBRA	B	-0.16%
GS	C	-0.16%
LNG	C	-0.16%
XYL	C	-0.16%
TWLO	D	-0.16%
PYPL	B	-0.16%
INTU	C	-0.16%
KMX	D	-0.16%
MS	D	-0.16%
GRMN	D	-0.16%
EW	F	-0.16%
BKR	C	-0.16%
GPC	D	-0.16%
APTV	D	-0.16%
CRL	F	-0.16%
FTNT	C	-0.16%
PTC	D	-0.16%
DECK	C	-0.16%
INCY	C	-0.16%
KNX	C	-0.16%
MSCI	C	-0.16%
UBER	C	-0.16%
TER	D	-0.16%
IPG	C	-0.16%
HRL	C	-0.16%
AOS	D	-0.16%
JBL	D	-0.16%
ROK	D	-0.16%
WM	D	-0.16%
CSCO	C	-0.16%
ENTG	F	-0.16%
IEX	D	-0.16%
TPL	B	-0.16%
SNPS	D	-0.15%
BEN	F	-0.15%
LRCX	F	-0.15%
NTAP	D	-0.15%
BMRN	F	-0.15%
OXY	F	-0.15%
HAL	F	-0.15%
CHRD	F	-0.15%
NXPI	F	-0.15%
HUM	F	-0.15%
SLB	F	-0.15%
BA	F	-0.15%
AMAT	D	-0.15%
PINS	F	-0.15%
OVV	F	-0.15%
FANG	D	-0.15%
FCNCA	D	-0.15%
KLAC	D	-0.15%
GDDY	C	-0.15%
EL	F	-0.15%
NBIX	F	-0.14%
BBWI	F	-0.14%
COIN	F	-0.14%
CELH	F	-0.14%
APA	F	-0.14%
WBA	F	-0.14%
SNOW	F	-0.14%
ZS	F	-0.14%
OKTA	F	-0.13%
MRNA	F	-0.13%
ALLY	F	-0.13%
PSTG	F	-0.13%
DG	F	-0.12%
DLTR	F	-0.12%
SMCI	F	-0.12%
FOXA	B	-0.11%
HEI	B	-0.11%
GOOG	D	-0.08%
HEI	B	-0.07%
FOX	B	-0.06%