FVAL vs. TDVI ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to FT CBOE Vest Technology Dividend Target Income ETF (TDVI)

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

$62.70

Average Daily Volume

77,896

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

TDVI

FT CBOE Vest Technology Dividend Target Income ETF

TDVI Description

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in dividend-paying securities and/or investments that provide exposure to dividend-paying securities of technology companies. The equity securities held by the fund will be selected by the portfolio managers from the common stocks and depositary receipts in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.38

Average Daily Volume

21,381

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FVAL	TDVI
30 Days	1.18%	-2.67%
60 Days	5.01%	-1.10%
90 Days	6.73%	1.02%
12 Months	27.40%	27.31%

9 Overlapping Holdings

Symbol	Grade	Weight in FVAL	Weight in TDVI	Overlap
CMCSA	B	0.61%	2.14%	0.61%
CTSH	C	0.78%	1.03%	0.78%
HPE	B	0.83%	1.23%	0.83%
IBM	C	1.11%	8.07%	1.11%
MSFT	D	6.37%	7.99%	6.37%
QCOM	F	1.05%	3.65%	1.05%
SWKS	F	0.58%	0.56%	0.56%
T	A	0.6%	2.18%	0.6%
VZ	C	0.58%	1.91%	0.58%

FVAL Overweight 115 Positions Relative to TDVI

Symbol	Grade	Weight
NVDA	A	7.49%
AAPL	C	6.63%
AMZN	B	3.92%
GOOGL	B	3.78%
META	C	2.66%
BRK.A	B	2.01%
JPM	A	1.75%
UNH	C	1.72%
CRM	B	1.42%
V	A	1.4%
ABBV	F	1.32%
JNJ	D	1.3%
HD	A	1.19%
ACN	C	1.14%
XOM	B	1.14%
BAC	A	1.08%
MRK	F	1.06%
WMT	A	1.06%
PG	C	1.05%
GILD	C	1.04%
WFC	A	1.0%
MU	D	0.97%
ZM	B	0.97%
BMY	A	0.93%
MCD	D	0.85%
BKNG	A	0.85%
AXP	B	0.82%
INTC	C	0.81%
CI	D	0.79%
UAL	A	0.79%
CAT	C	0.77%
CVS	F	0.73%
C	B	0.73%
COF	B	0.71%
ELV	F	0.69%
TRV	A	0.66%
DFS	B	0.66%
EXPE	B	0.65%
GM	B	0.64%
HON	B	0.64%
ADP	B	0.64%
SYF	B	0.64%
CVX	A	0.64%
UNP	D	0.62%
RPRX	F	0.61%
DAL	A	0.6%
JXN	C	0.59%
DE	C	0.58%
LMT	D	0.58%
LVS	B	0.57%
CNC	F	0.56%
RNR	C	0.55%
UPS	C	0.54%
MO	A	0.53%
LIN	D	0.53%
PRU	B	0.53%
PCAR	C	0.53%
EBAY	D	0.51%
MMM	D	0.51%
F	C	0.5%
CMI	A	0.5%
KVUE	A	0.5%
G	B	0.49%
OZK	B	0.48%
EG	D	0.48%
NEE	C	0.46%
FDX	B	0.46%
TGT	B	0.46%
WYNN	D	0.45%
RHI	C	0.44%
KR	B	0.43%
OC	A	0.4%
KMB	C	0.4%
M	D	0.39%
COP	B	0.39%
AGCO	F	0.37%
DUK	C	0.34%
ACI	C	0.34%
ADM	D	0.33%
PLD	D	0.32%
EOG	A	0.31%
BG	D	0.3%
PCG	A	0.28%
PARA	D	0.28%
NRG	B	0.27%
ATKR	D	0.27%
FCX	F	0.26%
AEP	C	0.26%
SPG	A	0.26%
PSA	C	0.25%
CBRE	B	0.24%
EXC	C	0.24%
O	C	0.23%
MPC	D	0.23%
NEM	D	0.21%
VLO	C	0.21%
VICI	C	0.2%
NUE	D	0.2%
NFG	A	0.19%
STLD	B	0.19%
DVN	F	0.18%
UGI	C	0.18%
BXP	D	0.18%
ARE	F	0.17%
CF	A	0.17%
HST	D	0.17%
DOW	F	0.17%
JLL	D	0.17%
WPC	C	0.16%
GLPI	C	0.16%
LYB	F	0.15%
MUR	F	0.14%
MOS	D	0.14%
CIVI	D	0.13%
CLF	F	0.12%

FVAL Underweight 70 Positions Relative to TDVI

Symbol	Grade	Weight
ORCL	A	-9.35%
AVGO	C	-8.17%
TXN	C	-7.31%
TSM	B	-4.01%
ADI	D	-2.7%
TMUS	B	-2.34%
CSCO	B	-2.24%
MSI	B	-1.94%
INTU	B	-1.89%
GLW	B	-1.82%
AMAT	F	-1.79%
HPQ	B	-1.79%
LRCX	F	-1.6%
NXPI	F	-1.53%
MCHP	F	-1.27%
KLAC	F	-1.01%
ASML	F	-1.0%
DELL	B	-0.99%
STX	D	-0.97%
APH	B	-0.95%
UI	A	-0.7%
NTAP	C	-0.68%
GEN	B	-0.59%
CCOI	B	-0.57%
ROP	C	-0.54%
CDW	F	-0.44%
OTEX	F	-0.41%
INFY	D	-0.4%
SSNC	C	-0.39%
LDOS	C	-0.36%
DOX	D	-0.35%
LOGI	F	-0.26%
NOK	C	-0.26%
SAP	B	-0.26%
KT	D	-0.23%
MPWR	F	-0.23%
ERIC	A	-0.22%
CABO	C	-0.21%
ATHM	D	-0.21%
SNX	D	-0.21%
IRDM	F	-0.2%
PAYC	B	-0.2%
AVT	C	-0.18%
XRX	F	-0.16%
DNB	B	-0.15%
IDCC	B	-0.14%
VIV	D	-0.13%
DLB	F	-0.12%
SAIC	F	-0.12%
TEF	C	-0.11%
KBR	F	-0.11%
AMKR	F	-0.1%
OLED	F	-0.1%
KLIC	C	-0.08%
CSGS	B	-0.07%
VSH	F	-0.07%
POWI	D	-0.07%
CNXC	F	-0.07%
SIMO	D	-0.07%
PRGS	B	-0.06%
SSTK	F	-0.06%
BHE	B	-0.05%
YOU	D	-0.05%
ATEN	A	-0.04%
SPNS	F	-0.04%
STM	F	-0.03%
TKC	B	-0.02%
CNXN	D	-0.02%
HCKT	B	-0.02%
SLP	F	-0.01%

TDVI: Top Represented Industries & Keywords

Industries: Semiconductors Telecom Services Information Technology Services Software - Application Software - Infrastructure Communication Equipment Semiconductor Equipment & Materials Computer Systems Business Services Data Storage Electronic Components Internet Content & Information Computer Distribution Contract Manufacturers Diversified Industrials Electronics Distribution Engineering & Construction Health Information Services Media - Diversified Pay TV