FVAL vs. QUS ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to SPDR MSCI USA Quality Mix ETF (QUS)
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

$63.27

Average Daily Volume

72,357

Number of Holdings *

124

* may have additional holdings in another (foreign) market
QUS

SPDR MSCI USA Quality Mix ETF

QUS Description The investment seeks to track the performance of the MSCI USA Quality Mix A-Series Index. The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$161.93

Average Daily Volume

15,145

Number of Holdings *

582

* may have additional holdings in another (foreign) market
Performance
Period FVAL QUS
30 Days 2.84% 1.65%
60 Days 7.42% 4.29%
90 Days 10.60% 7.59%
12 Months 32.82% 32.97%
109 Overlapping Holdings
Symbol Grade Weight in FVAL Weight in QUS Overlap
AAPL D 6.63% 3.19% 3.19%
ABBV D 1.32% 0.58% 0.58%
ACI C 0.34% 0.03% 0.03%
ACN C 1.14% 1.16% 1.14%
ADM F 0.33% 0.08% 0.08%
ADP A 0.64% 0.54% 0.54%
AEP D 0.26% 0.18% 0.18%
AMZN B 3.92% 0.69% 0.69%
ARE F 0.17% 0.02% 0.02%
AXP B 0.82% 0.1% 0.1%
BAC A 1.08% 0.66% 0.66%
BG D 0.3% 0.04% 0.04%
BKNG A 0.85% 0.04% 0.04%
BMY B 0.93% 0.32% 0.32%
BRK.A C 2.01% 1.06% 1.06%
BXP D 0.18% 0.02% 0.02%
C B 0.73% 0.44% 0.44%
CAT B 0.77% 0.63% 0.63%
CBRE B 0.24% 0.05% 0.05%
CF B 0.17% 0.03% 0.03%
CI D 0.79% 0.23% 0.23%
CMCSA B 0.61% 0.42% 0.42%
CMI B 0.5% 0.16% 0.16%
CNC F 0.56% 0.09% 0.09%
COF B 0.71% 0.16% 0.16%
COP C 0.39% 0.16% 0.16%
CRM B 1.42% 0.11% 0.11%
CTSH A 0.78% 0.4% 0.4%
CVS F 0.73% 0.3% 0.3%
CVX B 0.64% 0.52% 0.52%
DAL A 0.6% 0.01% 0.01%
DE D 0.58% 0.1% 0.1%
DFS B 0.66% 0.07% 0.07%
DOW F 0.17% 0.06% 0.06%
DUK D 0.34% 0.59% 0.34%
DVN F 0.18% 0.04% 0.04%
EBAY D 0.51% 0.02% 0.02%
EG D 0.48% 0.17% 0.17%
ELV F 0.69% 0.3% 0.3%
EOG B 0.31% 0.15% 0.15%
EXC D 0.24% 0.05% 0.05%
EXPE B 0.65% 0.02% 0.02%
F C 0.5% 0.16% 0.16%
FCX F 0.26% 0.04% 0.04%
FDX B 0.46% 0.11% 0.11%
GILD B 1.04% 0.46% 0.46%
GLPI D 0.16% 0.01% 0.01%
GM B 0.64% 0.3% 0.3%
GOOGL B 3.78% 1.22% 1.22%
HD B 1.19% 0.34% 0.34%
HON B 0.64% 0.49% 0.49%
HPE B 0.83% 0.06% 0.06%
HST C 0.17% 0.01% 0.01%
IBM D 1.11% 0.69% 0.69%
INTC C 0.81% 0.18% 0.18%
JNJ F 1.3% 1.62% 1.3%
JPM B 1.75% 1.01% 1.01%
KMB F 0.4% 0.1% 0.1%
KR A 0.43% 0.32% 0.32%
KVUE A 0.5% 0.04% 0.04%
LIN D 0.53% 0.15% 0.15%
LMT D 0.58% 0.75% 0.58%
LVS C 0.57% 0.01% 0.01%
LYB F 0.15% 0.04% 0.04%
MCD D 0.85% 0.5% 0.5%
META B 2.66% 2.41% 2.41%
MMM D 0.51% 0.28% 0.28%
MO A 0.53% 0.06% 0.06%
MOS D 0.14% 0.03% 0.03%
MPC D 0.23% 0.31% 0.23%
MRK F 1.06% 0.48% 0.48%
MSFT C 6.37% 2.68% 2.68%
MU C 0.97% 0.08% 0.08%
NEE D 0.46% 0.09% 0.09%
NEM F 0.21% 0.2% 0.2%
NRG B 0.27% 0.03% 0.03%
NUE C 0.2% 0.08% 0.08%
NVDA A 7.49% 2.8% 2.8%
O D 0.23% 0.04% 0.04%
OC B 0.4% 0.02% 0.02%
PARA C 0.28% 0.03% 0.03%
PCAR B 0.53% 0.06% 0.06%
PCG A 0.28% 0.06% 0.06%
PG D 1.05% 0.57% 0.57%
PLD F 0.32% 0.08% 0.08%
PRU B 0.53% 0.08% 0.08%
PSA D 0.25% 0.14% 0.14%
QCOM F 1.05% 0.57% 0.57%
RPRX F 0.61% 0.01% 0.01%
SPG B 0.26% 0.03% 0.03%
STLD B 0.19% 0.04% 0.04%
SWKS F 0.58% 0.05% 0.05%
SYF B 0.64% 0.06% 0.06%
T C 0.6% 0.66% 0.6%
TGT C 0.46% 0.1% 0.1%
TRV B 0.66% 0.45% 0.45%
UNH B 1.72% 2.25% 1.72%
UNP D 0.62% 0.08% 0.08%
UPS D 0.54% 0.11% 0.11%
V A 1.4% 1.85% 1.4%
VICI D 0.2% 0.04% 0.04%
VLO D 0.21% 0.14% 0.14%
VZ D 0.58% 0.77% 0.58%
WFC B 1.0% 0.46% 0.46%
WMT A 1.06% 0.93% 0.93%
WPC F 0.16% 0.01% 0.01%
WYNN F 0.45% 0.0% 0.0%
XOM B 1.14% 0.81% 0.81%
ZM A 0.97% 0.01% 0.01%
FVAL Overweight 15 Positions Relative to QUS
Symbol Grade Weight
UAL A 0.79%
JXN B 0.59%
RNR D 0.55%
G B 0.49%
OZK B 0.48%
RHI B 0.44%
M D 0.39%
AGCO F 0.37%
ATKR C 0.27%
NFG C 0.19%
UGI D 0.18%
JLL C 0.17%
MUR F 0.14%
CIVI F 0.13%
CLF D 0.12%
FVAL Underweight 473 Positions Relative to QUS
Symbol Grade Weight
LLY D -2.09%
MA A -1.66%
COST B -1.33%
CSCO A -1.32%
GOOG B -1.13%
TXN B -1.13%
PEP F -1.03%
KO F -0.82%
TMUS A -0.76%
APH B -0.73%
ADBE C -0.69%
MMC C -0.68%
PGR B -0.65%
MSI B -0.64%
AVGO B -0.63%
CB D -0.62%
VRTX B -0.62%
MCK B -0.6%
NOC C -0.57%
TJX B -0.54%
ORCL A -0.54%
SO D -0.53%
RSG A -0.53%
AMAT F -0.53%
WCN B -0.52%
WM A -0.52%
ROP B -0.47%
AJG B -0.45%
ED D -0.42%
ANET C -0.41%
ACGL D -0.37%
COR A -0.36%
AZO C -0.35%
PFE F -0.34%
LRCX F -0.33%
GDDY A -0.32%
KLAC F -0.32%
FCNCA B -0.32%
AMGN F -0.31%
PANW A -0.31%
EA A -0.3%
FI A -0.3%
SNPS B -0.29%
GS B -0.29%
CDNS B -0.29%
CBOE D -0.28%
KEYS B -0.28%
WEC B -0.28%
K A -0.28%
TSN C -0.27%
ITW B -0.27%
TSLA B -0.27%
REGN F -0.27%
NKE F -0.27%
SHW B -0.26%
GIS F -0.26%
TT A -0.26%
NOW A -0.26%
ORLY A -0.25%
KDP D -0.24%
BAH C -0.24%
CTAS A -0.24%
ZTS F -0.24%
BDX D -0.24%
FFIV B -0.23%
CMG B -0.22%
TDY A -0.22%
MDLZ F -0.22%
INCY B -0.22%
CME B -0.22%
FANG D -0.22%
VRSN C -0.22%
FICO A -0.21%
MCO C -0.21%
AFL C -0.21%
AON A -0.21%
CDW F -0.21%
GWW B -0.2%
HUM F -0.2%
GRMN A -0.2%
YUM B -0.19%
RTX C -0.19%
DHI D -0.19%
MS A -0.19%
XEL A -0.19%
PTC B -0.18%
HSY D -0.18%
KHC F -0.18%
ROL B -0.17%
PAYX B -0.17%
CTVA C -0.17%
ERIE F -0.17%
JNPR C -0.17%
UBER F -0.17%
ADSK B -0.16%
USB B -0.16%
CL F -0.16%
PNC A -0.16%
NTAP C -0.16%
MDT D -0.15%
ADI D -0.15%
DIS C -0.15%
TFC A -0.15%
AFG B -0.15%
VRSK A -0.15%
WDAY B -0.15%
ABT B -0.15%
FAST B -0.15%
WTW A -0.15%
CPRT B -0.14%
CHD B -0.14%
PSX D -0.14%
MKL A -0.14%
ODFL B -0.14%
ICE D -0.14%
MOH F -0.14%
WMB A -0.14%
GLW B -0.14%
AKAM F -0.14%
GEN A -0.13%
NFLX A -0.13%
IT A -0.13%
D D -0.13%
LULU C -0.12%
NBIX C -0.12%
AIG C -0.12%
AIZ A -0.12%
EW F -0.12%
CAH B -0.12%
MNST B -0.12%
WRB B -0.12%
L B -0.12%
CPB F -0.12%
IDXX D -0.12%
LOW B -0.12%
AEE A -0.11%
NVR D -0.11%
PHM D -0.11%
PM C -0.11%
MCHP F -0.11%
TMO F -0.11%
UTHR B -0.11%
GE C -0.11%
WBD C -0.11%
A F -0.11%
MPWR F -0.1%
OXY F -0.1%
RMD B -0.1%
PKG B -0.09%
TPL A -0.09%
BK B -0.09%
HIG C -0.09%
BBY D -0.09%
CHTR B -0.09%
DHR F -0.09%
VEEV B -0.09%
TSCO D -0.09%
TROW B -0.09%
DTE D -0.09%
ROK B -0.09%
EME B -0.08%
HRL F -0.08%
BLDR D -0.08%
HUBS A -0.08%
MTB B -0.08%
VLTO D -0.08%
ULTA C -0.08%
BMRN F -0.08%
MET C -0.08%
CMS D -0.08%
ALNY D -0.08%
DECK B -0.08%
WBA D -0.07%
AMD F -0.07%
MANH C -0.07%
HPQ B -0.07%
HUBB B -0.07%
DPZ C -0.07%
TW B -0.07%
MELI D -0.07%
WAT B -0.07%
STX D -0.07%
HOLX D -0.07%
OMC B -0.07%
PYPL B -0.07%
LPLA A -0.07%
GD A -0.07%
WSO A -0.06%
WSM F -0.06%
STT B -0.06%
RF A -0.06%
DGX A -0.06%
FITB A -0.06%
SOLV C -0.06%
SBUX B -0.06%
DELL C -0.06%
HCA D -0.06%
CRWD B -0.06%
SRE A -0.06%
EXPD F -0.06%
ALL A -0.06%
LEN D -0.06%
SNA A -0.06%
SCHW A -0.06%
KMI A -0.06%
CFG B -0.06%
SPGI D -0.06%
WST C -0.06%
GGG B -0.05%
LNT C -0.05%
GEV B -0.05%
ETR B -0.05%
SYY B -0.05%
IEX B -0.05%
TER D -0.05%
FDS A -0.05%
JCI B -0.05%
ETN A -0.05%
EMR A -0.05%
SYK A -0.05%
VTRS B -0.05%
SLB D -0.05%
OKE A -0.05%
NSC B -0.05%
JBHT B -0.05%
LNG B -0.05%
CSX B -0.05%
HBAN A -0.05%
MRO B -0.04%
WELL B -0.04%
PAYC B -0.04%
CARR D -0.04%
AMT F -0.04%
DLR B -0.04%
GPN B -0.04%
PEG D -0.04%
INTU A -0.04%
AMP A -0.04%
JKHY C -0.04%
IP B -0.04%
PH B -0.04%
ALLE D -0.04%
OTIS D -0.04%
ATO A -0.04%
KNX B -0.04%
DD D -0.04%
EPAM C -0.04%
BKR B -0.04%
BSX A -0.04%
KEY B -0.04%
URI B -0.04%
KKR B -0.04%
EIX D -0.04%
LHX B -0.04%
APD B -0.04%
APA F -0.04%
BX B -0.04%
POOL D -0.04%
CCI F -0.03%
HAL D -0.03%
EQT A -0.03%
ENPH F -0.03%
ALLY C -0.03%
RS B -0.03%
KMX C -0.03%
SW C -0.03%
TTC D -0.03%
TRGP A -0.03%
BR A -0.03%
APO B -0.03%
AOS F -0.03%
FSLR F -0.03%
NXPI F -0.03%
WY F -0.03%
ROST F -0.03%
GEHC D -0.03%
SEIC A -0.03%
OVV C -0.03%
MKTX C -0.03%
JBL B -0.03%
LH B -0.03%
NTRS A -0.03%
CTRA C -0.03%
CEG D -0.03%
LW C -0.03%
CINF A -0.03%
PFG C -0.03%
RJF A -0.03%
SMCI F -0.03%
FIS C -0.03%
ISRG A -0.03%
CPAY A -0.02%
BALL D -0.02%
SSNC C -0.02%
IPG F -0.02%
CCK B -0.02%
MRNA F -0.02%
STZ D -0.02%
DLTR F -0.02%
RVTY C -0.02%
ABNB C -0.02%
LKQ D -0.02%
SJM F -0.02%
AMCR D -0.02%
EMN D -0.02%
AWK D -0.02%
VMC B -0.02%
NDAQ B -0.02%
DOV A -0.02%
GPC D -0.02%
IR A -0.02%
FTV D -0.02%
ALB C -0.02%
VTR C -0.02%
NI A -0.02%
EQH B -0.02%
MLM B -0.02%
UHS D -0.02%
KIM B -0.02%
WDC D -0.02%
EQR D -0.02%
MAR A -0.02%
J B -0.02%
TXT D -0.02%
IFF F -0.02%
FNF C -0.02%
AVB B -0.02%
LDOS A -0.02%
APTV F -0.02%
CRBG C -0.02%
CNP B -0.02%
EVRG A -0.02%
MRVL B -0.02%
CAG F -0.02%
ZBH C -0.02%
VST B -0.02%
HES C -0.02%
CHRW B -0.02%
DG F -0.02%
FOXA A -0.02%
WAB B -0.02%
TAP B -0.02%
PWR B -0.02%
IQV F -0.02%
DINO D -0.02%
AME A -0.02%
SWK F -0.02%
FE D -0.02%
EXR D -0.02%
EQIX C -0.02%
BIIB F -0.02%
ON D -0.02%
ECL D -0.02%
BAX F -0.02%
PPG F -0.02%
CNH D -0.02%
BA F -0.02%
SQ A -0.02%
PPL A -0.02%
ES F -0.02%
TTD A -0.01%
MTCH F -0.01%
RIVN F -0.01%
ENTG D -0.01%
TYL B -0.01%
LUV B -0.01%
BBWI C -0.01%
MTD F -0.01%
ALGN D -0.01%
LYV A -0.01%
PLTR B -0.01%
Z B -0.01%
NDSN B -0.01%
LII B -0.01%
BIO C -0.01%
TFX F -0.01%
SBAC D -0.01%
QRVO F -0.01%
VRT B -0.01%
AMH D -0.01%
UDR D -0.01%
ARES B -0.01%
WLK F -0.01%
ILMN C -0.01%
CTLT C -0.01%
DVA C -0.01%
CSGP D -0.01%
MGM F -0.01%
UHAL C -0.01%
MSCI B -0.01%
DASH A -0.01%
ANSS B -0.01%
CPT C -0.01%
TDG B -0.01%
EL F -0.01%
CRL C -0.01%
WTRG B -0.01%
AVY F -0.01%
HII D -0.01%
FOX A -0.01%
FBIN F -0.01%
CSL C -0.01%
PNR B -0.01%
ESS C -0.01%
RCL A -0.01%
REG B -0.01%
RPM B -0.01%
HLT A -0.01%
TRU D -0.01%
IRM C -0.01%
MAS D -0.01%
CLX B -0.01%
SUI F -0.01%
AVTR F -0.01%
NWSA B -0.01%
BEN C -0.01%
COIN B -0.01%
FTNT A -0.01%
TWLO B -0.01%
STE F -0.01%
AES F -0.01%
HSIC F -0.01%
MKC D -0.01%
INVH D -0.01%
BURL C -0.01%
ZBRA A -0.01%
TTWO A -0.01%
MAA C -0.01%
CCL A -0.01%
TRMB B -0.01%
CE F -0.01%
ACM B -0.01%
XYL D -0.01%
HWM B -0.01%
CHRD F -0.01%
DKS D -0.01%
BRO A -0.01%
DOC C -0.01%
EFX D -0.01%
CG B -0.01%
DRI B -0.01%
APP A -0.01%
CELH F -0.0%
IOT B -0.0%
ZS B -0.0%
TEAM B -0.0%
NET C -0.0%
RBLX A -0.0%
MDB C -0.0%
TOST A -0.0%
DKNG B -0.0%
BSY D -0.0%
DDOG C -0.0%
PSTG D -0.0%
H C -0.0%
SNAP C -0.0%
DT C -0.0%
DOCU A -0.0%
PODD B -0.0%
HEI C -0.0%
MSTR A -0.0%
EXAS F -0.0%
SNOW C -0.0%
DXCM C -0.0%
DAY B -0.0%
ROKU C -0.0%
PINS D -0.0%
HEI C -0.0%
ELS C -0.0%
OKTA C -0.0%
TECH C -0.0%
AXON B -0.0%
HOOD B -0.0%
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