FVAL vs. PSTR ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to PeakShares Sector Rotation ETF (PSTR)

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

PSTR

PeakShares Sector Rotation ETF

PSTR Description

The fund will normally invest at least 80% of its net assets, including any borrowings for investment purposes, in a diversified portfolio of equity securities that include common stocks of U.S. companies and equity ETFs providing exposure to such companies, or derivatives that have economic characteristics similar to such securities.

Grade (RS Rating)

Last Trade

$28.48

Average Daily Volume

4,686

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FVAL	PSTR
30 Days	3.33%	3.07%
60 Days	5.59%	4.72%
90 Days	6.82%	5.77%
12 Months	28.35%

20 Overlapping Holdings

Symbol	Grade	Weight in FVAL	Weight in PSTR	Overlap
AAPL	C	6.68%	0.57%	0.57%
ABBV	D	1.11%	0.23%	0.23%
BAC	A	1.13%	0.58%	0.58%
C	A	0.74%	0.62%	0.62%
CRM	B	1.46%	0.57%	0.57%
CVX	A	0.67%	0.37%	0.37%
DAL	C	0.64%	0.64%	0.64%
GM	B	0.67%	0.5%	0.5%
INTC	D	0.77%	0.77%	0.77%
LMT	D	0.56%	0.19%	0.19%
MCD	D	0.84%	0.48%	0.48%
MRK	F	1.01%	0.26%	0.26%
MSFT	F	6.37%	0.5%	0.5%
NVDA	C	7.33%	0.05%	0.05%
T	A	0.62%	0.33%	0.33%
TGT	F	0.48%	0.22%	0.22%
UAL	A	0.84%	0.4%	0.4%
UNH	C	1.69%	0.93%	0.93%
UPS	C	0.55%	0.79%	0.55%
VZ	C	0.61%	0.27%	0.27%

FVAL Overweight 104 Positions Relative to PSTR

Symbol	Grade	Weight
AMZN	C	3.88%
GOOGL	C	3.72%
META	D	2.55%
BRK.A	B	2.07%
JPM	A	1.84%
V	A	1.44%
JNJ	D	1.31%
HD	A	1.22%
ACN	C	1.15%
XOM	B	1.14%
IBM	C	1.09%
WFC	A	1.08%
PG	A	1.08%
WMT	A	1.07%
QCOM	F	1.0%
BMY	B	0.98%
ZM	B	0.98%
GILD	C	0.97%
BKNG	A	0.87%
MU	D	0.85%
AXP	A	0.83%
CI	F	0.81%
HPE	B	0.81%
CAT	B	0.77%
CTSH	B	0.76%
COF	B	0.72%
CVS	D	0.71%
TRV	B	0.68%
DFS	B	0.68%
HON	B	0.68%
SYF	B	0.67%
ELV	F	0.67%
EXPE	B	0.66%
ADP	B	0.64%
CMCSA	B	0.61%
RPRX	D	0.61%
UNP	C	0.61%
DE	A	0.59%
SWKS	F	0.56%
JXN	C	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%
EBAY	D	0.51%
EG	C	0.5%
WYNN	D	0.5%
MMM	D	0.5%
G	B	0.49%
FDX	B	0.48%
NEE	D	0.46%
RHI	B	0.44%
KR	B	0.43%
OC	A	0.42%
KMB	D	0.41%
COP	C	0.4%
M	D	0.39%
AGCO	D	0.38%
ADM	D	0.35%
ACI	C	0.34%
DUK	C	0.34%
PLD	D	0.32%
BG	F	0.32%
EOG	A	0.31%
PCG	A	0.29%
PARA	C	0.28%
SPG	B	0.27%
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 21 Positions Relative to PSTR

Symbol	Grade	Weight
XLC	A	-8.53%
XLRE	C	-2.18%
GEN	B	-0.57%
BABA	D	-0.54%
USB	A	-0.54%
OXY	D	-0.53%
GOOG	C	-0.51%
CB	C	-0.51%
SLB	C	-0.51%
ADBE	C	-0.49%
ULTA	F	-0.48%
KHC	F	-0.39%
STZ	D	-0.39%
PFE	D	-0.33%
ONON	A	-0.29%
EA	A	-0.27%
RTX	C	-0.25%
ZTS	D	-0.24%
ABT	B	-0.24%
KO	D	-0.22%
BIIB	F	-0.18%