FVAL vs. MGV ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to Vanguard Mega Cap Value ETF (MGV)

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

$60.23

Average Daily Volume

60,280

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

MGV

Vanguard Mega Cap Value ETF

MGV Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Value Index, which represents the value companies of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization value stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$127.34

Average Daily Volume

186,950

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	FVAL	MGV
30 Days	2.71%	1.16%
60 Days	6.27%	6.06%
90 Days	3.89%	7.99%
12 Months	29.46%	31.11%

57 Overlapping Holdings

Symbol	Grade	Weight in FVAL	Weight in MGV	Overlap
ABBV	A	1.35%	2.0%	1.35%
ACN	B	1.17%	0.62%	0.62%
ADP	A	0.6%	0.33%	0.33%
AEP	C	0.29%	0.3%	0.29%
AXP	B	0.81%	0.75%	0.75%
BAC	D	0.98%	1.56%	0.98%
BMY	B	0.91%	0.58%	0.58%
BRK.A	C	2.08%	1.6%	1.6%
BRK.A	C	2.08%	3.39%	2.08%
C	C	0.69%	0.65%	0.65%
CAT	A	0.8%	1.0%	0.8%
CI	D	0.9%	0.59%	0.59%
CMCSA	C	0.61%	0.89%	0.61%
COF	C	0.6%	0.31%	0.31%
COP	D	0.39%	0.77%	0.39%
CVS	C	0.84%	0.41%	0.41%
CVX	B	0.62%	1.5%	0.62%
DE	B	0.64%	0.58%	0.58%
DUK	B	0.36%	0.51%	0.36%
ELV	F	0.9%	0.75%	0.75%
EOG	B	0.29%	0.43%	0.29%
F	D	0.51%	0.25%	0.25%
FCX	B	0.3%	0.37%	0.3%
FDX	D	0.45%	0.38%	0.38%
GILD	A	0.94%	0.57%	0.57%
GM	D	0.56%	0.33%	0.33%
HD	A	1.23%	2.1%	1.23%
HON	C	0.64%	0.78%	0.64%
IBM	A	1.21%	1.07%	1.07%
INTC	D	0.77%	0.54%	0.54%
JNJ	D	1.42%	2.3%	1.42%
JPM	D	1.63%	3.72%	1.63%
KMB	D	0.45%	0.28%	0.28%
LIN	B	0.58%	0.66%	0.58%
LMT	A	0.63%	0.78%	0.63%
MMM	C	0.55%	0.43%	0.43%
MO	D	0.52%	0.53%	0.52%
MPC	C	0.26%	0.36%	0.26%
MRK	F	1.23%	1.73%	1.23%
MU	D	0.97%	0.61%	0.61%
NEE	A	0.53%	0.95%	0.53%
PG	D	1.14%	2.33%	1.14%
PLD	D	0.36%	0.68%	0.36%
PSA	C	0.28%	0.31%	0.28%
QCOM	C	1.09%	1.13%	1.09%
SPG	A	0.26%	0.15%	0.15%
T	A	0.62%	0.82%	0.62%
TGT	D	0.5%	0.41%	0.41%
TRV	C	0.63%	0.3%	0.3%
UNH	B	1.71%	3.13%	1.71%
UNP	D	0.66%	0.9%	0.66%
UPS	D	0.57%	0.54%	0.54%
VLO	F	0.22%	0.28%	0.22%
VZ	B	0.67%	0.91%	0.67%
WFC	F	0.84%	1.17%	0.84%
WMT	A	1.04%	1.97%	1.04%
XOM	A	1.14%	3.05%	1.14%

FVAL Overweight 68 Positions Relative to MGV

Symbol	Grade	Weight
AAPL	C	6.97%
MSFT	D	6.76%
NVDA	B	6.45%
AMZN	C	3.71%
GOOGL	B	3.64%
META	A	2.69%
V	C	1.31%
CRM	B	1.28%
MCD	A	0.9%
ZM	C	0.87%
HPE	B	0.79%
CTSH	B	0.78%
BKNG	C	0.77%
CNC	F	0.73%
RPRX	D	0.69%
SWKS	F	0.68%
LVS	B	0.61%
RNR	A	0.58%
EXPE	B	0.56%
UAL	B	0.55%
WYNN	B	0.55%
EBAY	A	0.55%
PRU	C	0.55%
DFS	C	0.55%
EG	B	0.54%
DAL	C	0.53%
KVUE	C	0.52%
JXN	A	0.52%
SYF	B	0.52%
PCAR	C	0.48%
CMI	A	0.48%
OZK	D	0.45%
G	A	0.44%
KR	C	0.43%
AGCO	D	0.41%
RHI	D	0.41%
M	F	0.4%
ADM	F	0.4%
OC	C	0.38%
BG	F	0.36%
ACI	F	0.34%
PARA	F	0.29%
PCG	C	0.28%
NRG	A	0.27%
EXC	A	0.27%
O	A	0.26%
NEM	C	0.26%
ATKR	F	0.25%
CBRE	B	0.23%
VICI	C	0.22%
DOW	B	0.21%
NUE	C	0.2%
NFG	A	0.2%
BXP	C	0.19%
ARE	D	0.19%
UGI	C	0.19%
LYB	F	0.18%
JLL	C	0.18%
HST	D	0.18%
CF	A	0.18%
WPC	C	0.18%
DVN	F	0.18%
STLD	B	0.17%
GLPI	A	0.17%
MOS	F	0.14%
MUR	F	0.14%
CLF	F	0.13%
CIVI	F	0.13%

FVAL Underweight 76 Positions Relative to MGV

Symbol	Grade	Weight
AVGO	C	-4.35%
KO	C	-1.62%
PEP	F	-1.37%
TMO	D	-1.35%
ORCL	C	-1.34%
ABT	C	-1.13%
PM	D	-1.1%
CSCO	A	-1.06%
GE	C	-1.05%
AMGN	D	-1.03%
DHR	D	-1.03%
PFE	D	-0.95%
GS	D	-0.95%
RTX	A	-0.94%
PGR	C	-0.85%
LOW	A	-0.82%
MS	B	-0.73%
BLK	A	-0.73%
ETN	C	-0.71%
REGN	D	-0.7%
MDT	C	-0.68%
ADI	C	-0.67%
CB	B	-0.66%
MMC	D	-0.65%
FI	A	-0.59%
SCHW	D	-0.57%
MDLZ	D	-0.55%
SO	A	-0.54%
ICE	A	-0.53%
CL	D	-0.5%
WM	B	-0.49%
TT	A	-0.47%
KKR	C	-0.47%
HCA	C	-0.45%
PYPL	C	-0.44%
PH	B	-0.44%
GD	C	-0.43%
MCK	F	-0.42%
USB	D	-0.42%
ITW	B	-0.41%
NOC	B	-0.4%
BDX	C	-0.4%
CSX	D	-0.39%
SYK	C	-0.36%
APD	C	-0.36%
AFL	A	-0.36%
EMR	B	-0.35%
ROP	C	-0.34%
PSX	D	-0.34%
TFC	D	-0.34%
PNC	C	-0.34%
NSC	D	-0.33%
SRE	B	-0.3%
BX	C	-0.29%
BK	C	-0.29%
CCI	C	-0.28%
MET	B	-0.27%
TEL	D	-0.27%
RSG	C	-0.25%
HUM	F	-0.25%
STZ	D	-0.23%
KDP	C	-0.23%
OXY	D	-0.21%
AON	B	-0.2%
CHTR	D	-0.19%
SLB	D	-0.18%
DELL	C	-0.17%
GEV	A	-0.16%
WMB	A	-0.16%
KHC	F	-0.16%
AIG	F	-0.15%
D	A	-0.14%
JCI	C	-0.14%
KMI	A	-0.12%
PAYX	A	-0.12%
SYY	C	-0.11%