FVAL vs. FXD ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to First Trust Consumer Discret. AlphaDEX (FXD)

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

$63.06

Average Daily Volume

81,044

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

FXD

First Trust Consumer Discret. AlphaDEX

FXD Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Consumer Discretionary Index (the "index"). The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the consumer discretionary sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$65.41

Average Daily Volume

29,253

Number of Holdings ^*

119

* may have additional holdings in another (foreign) market

Performance

Period	FVAL	FXD
30 Days	1.96%	3.74%
60 Days	5.56%	4.63%
90 Days	6.43%	5.23%
12 Months	27.89%	24.78%

14 Overlapping Holdings

Symbol	Grade	Weight in FVAL	Weight in FXD	Overlap
AMZN	C	3.88%	0.29%	0.29%
BKNG	A	0.87%	0.63%	0.63%
DAL	B	0.64%	1.37%	0.64%
EBAY	D	0.51%	0.77%	0.51%
EXPE	B	0.66%	1.32%	0.66%
F	C	0.51%	1.12%	0.51%
GM	C	0.67%	1.72%	0.67%
HD	B	1.22%	0.54%	0.54%
LVS	B	0.55%	0.52%	0.52%
M	F	0.39%	1.06%	0.39%
MCD	D	0.84%	0.25%	0.25%
TGT	F	0.48%	0.79%	0.48%
UAL	A	0.84%	2.14%	0.84%
WYNN	C	0.5%	0.25%	0.25%

FVAL Overweight 110 Positions Relative to FXD

Symbol	Grade	Weight
NVDA	B	7.33%
AAPL	C	6.68%
MSFT	D	6.37%
GOOGL	C	3.72%
META	D	2.55%
BRK.A	B	2.07%
JPM	A	1.84%
UNH	B	1.69%
CRM	B	1.46%
V	A	1.44%
JNJ	C	1.31%
ACN	B	1.15%
XOM	B	1.14%
BAC	A	1.13%
ABBV	F	1.11%
IBM	C	1.09%
WFC	A	1.08%
PG	C	1.08%
WMT	A	1.07%
MRK	D	1.01%
QCOM	F	1.0%
BMY	B	0.98%
ZM	C	0.98%
GILD	C	0.97%
MU	D	0.85%
AXP	A	0.83%
CI	D	0.81%
HPE	B	0.81%
INTC	C	0.77%
CAT	B	0.77%
CTSH	B	0.76%
C	A	0.74%
COF	C	0.72%
CVS	D	0.71%
TRV	B	0.68%
DFS	B	0.68%
HON	C	0.68%
SYF	B	0.67%
ELV	F	0.67%
CVX	A	0.67%
ADP	A	0.64%
T	A	0.62%
CMCSA	B	0.61%
VZ	C	0.61%
RPRX	D	0.61%
UNP	C	0.61%
DE	B	0.59%
SWKS	F	0.56%
JXN	C	0.56%
LMT	D	0.56%
PRU	A	0.56%
UPS	C	0.55%
MO	A	0.55%
CNC	D	0.54%
RNR	C	0.54%
LIN	C	0.53%
PCAR	B	0.53%
KVUE	A	0.52%
CMI	A	0.52%
OZK	B	0.51%
EG	C	0.5%
MMM	D	0.5%
G	B	0.49%
FDX	B	0.48%
NEE	C	0.46%
RHI	C	0.44%
KR	B	0.43%
OC	A	0.42%
KMB	C	0.41%
COP	C	0.4%
AGCO	D	0.38%
ADM	D	0.35%
ACI	C	0.34%
DUK	C	0.34%
PLD	F	0.32%
BG	D	0.32%
EOG	A	0.31%
PCG	A	0.29%
PARA	C	0.28%
SPG	A	0.27%
EXC	C	0.26%
ATKR	D	0.26%
NRG	B	0.26%
AEP	C	0.26%
PSA	C	0.25%
FCX	F	0.24%
MPC	D	0.24%
O	C	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	C	0.18%
DVN	F	0.18%
CF	A	0.18%
STLD	B	0.18%
UGI	C	0.18%
HST	C	0.17%
JLL	D	0.17%
WPC	C	0.16%
ARE	F	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 105 Positions Relative to FXD

Symbol	Grade	Weight
CVNA	B	-1.85%
RCL	A	-1.76%
SPOT	B	-1.74%
LAD	A	-1.57%
DUOL	A	-1.53%
DDS	B	-1.51%
PVH	C	-1.38%
CPNG	D	-1.38%
VAC	C	-1.36%
TOL	B	-1.33%
TKO	A	-1.28%
RBLX	C	-1.28%
LYV	A	-1.27%
BWA	D	-1.27%
SN	D	-1.25%
PHM	D	-1.21%
BYD	B	-1.21%
LEN	D	-1.21%
FOXA	A	-1.2%
LEA	F	-1.18%
KSS	F	-1.18%
DHI	F	-1.15%
HOG	D	-1.14%
WHR	B	-1.14%
COST	A	-1.12%
BURL	B	-1.1%
GNTX	C	-1.1%
CRI	F	-1.1%
GAP	C	-1.08%
NXST	C	-1.08%
THO	B	-1.07%
PAG	B	-1.07%
NCLH	B	-1.05%
LKQ	F	-1.04%
BFAM	D	-1.02%
APTV	F	-1.01%
HRB	D	-1.0%
AN	C	-1.0%
SKX	D	-0.99%
TPR	B	-0.99%
DG	F	-0.98%
PLNT	A	-0.95%
LOPE	C	-0.94%
ALK	B	-0.94%
SIRI	C	-0.92%
TTD	B	-0.92%
TXRH	B	-0.91%
RL	C	-0.88%
PII	F	-0.87%
AAP	D	-0.85%
H	B	-0.83%
COLM	C	-0.82%
JWN	D	-0.82%
FIVE	F	-0.8%
BBWI	C	-0.79%
ULTA	F	-0.79%
DKS	D	-0.77%
YETI	D	-0.76%
CROX	D	-0.74%
IPG	D	-0.74%
CCL	A	-0.71%
UHAL	D	-0.7%
WSM	C	-0.68%
GRMN	B	-0.64%
NFLX	A	-0.63%
DIS	B	-0.61%
LUV	C	-0.59%
DECK	A	-0.59%
MUSA	B	-0.58%
HLT	A	-0.58%
BJ	A	-0.57%
MSGS	A	-0.57%
TJX	A	-0.55%
DRI	B	-0.55%
MAT	D	-0.53%
UBER	F	-0.51%
TSCO	D	-0.51%
MGM	D	-0.51%
CZR	F	-0.5%
NVR	D	-0.5%
BBY	D	-0.48%
GPC	D	-0.48%
WING	D	-0.43%
TSLA	B	-0.31%
TNL	A	-0.3%
NWSA	A	-0.28%
CPRT	B	-0.28%
CHDN	B	-0.27%
ROL	B	-0.26%
AZO	C	-0.26%
LOW	C	-0.26%
ARMK	B	-0.26%
TPX	B	-0.26%
KMX	B	-0.26%
OMC	C	-0.26%
SBUX	A	-0.26%
OLLI	D	-0.25%
RH	C	-0.25%
NYT	D	-0.25%
ROST	D	-0.24%
SITE	F	-0.24%
NKE	F	-0.22%
HAS	D	-0.22%
COTY	F	-0.21%
FND	D	-0.21%