FVAL vs. TTAC ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to TrimTabs Float Shrink ETF (TTAC)

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

TTAC

TrimTabs Float Shrink ETF

TTAC Description

The Fund seeks to generate long-term returns in excess of the total return of the Russell 3000 Index, with less volatility than the Index.

Grade (RS Rating)

Last Trade

$67.54

Average Daily Volume

48,888

Number of Holdings ^*

143

* may have additional holdings in another (foreign) market

Performance

Period	FVAL	TTAC
30 Days	1.18%	1.38%
60 Days	5.01%	4.45%
90 Days	6.73%	6.71%
12 Months	27.40%	26.57%

30 Overlapping Holdings

Symbol	Grade	Weight in FVAL	Weight in TTAC	Overlap
AAPL	C	6.63%	5.74%	5.74%
ABBV	F	1.32%	2.37%	1.32%
ACN	C	1.14%	1.77%	1.14%
ADP	B	0.64%	1.06%	0.64%
AXP	B	0.82%	1.86%	0.82%
BKNG	A	0.85%	1.58%	0.85%
BMY	A	0.93%	1.58%	0.93%
COF	B	0.71%	0.71%	0.71%
DFS	B	0.66%	0.66%	0.66%
EXPE	B	0.65%	0.64%	0.64%
GILD	C	1.04%	1.56%	1.04%
HD	A	1.19%	2.69%	1.19%
IBM	C	1.11%	1.52%	1.11%
JNJ	D	1.3%	1.94%	1.3%
KMB	C	0.4%	0.83%	0.4%
LMT	D	0.58%	0.87%	0.58%
LVS	B	0.57%	0.65%	0.57%
META	C	2.66%	1.48%	1.48%
MMM	D	0.51%	1.16%	0.51%
MO	A	0.53%	0.65%	0.53%
MPC	D	0.23%	0.8%	0.23%
MRK	F	1.06%	0.97%	0.97%
OC	A	0.4%	0.31%	0.31%
PG	C	1.05%	1.86%	1.05%
QCOM	F	1.05%	1.4%	1.05%
SWKS	F	0.58%	0.3%	0.3%
SYF	B	0.64%	0.85%	0.64%
V	A	1.4%	0.72%	0.72%
VLO	C	0.21%	0.55%	0.21%
ZM	B	0.97%	0.42%	0.42%

FVAL Overweight 94 Positions Relative to TTAC

Symbol	Grade	Weight
NVDA	A	7.49%
MSFT	D	6.37%
AMZN	B	3.92%
GOOGL	B	3.78%
BRK.A	B	2.01%
JPM	A	1.75%
UNH	C	1.72%
CRM	B	1.42%
XOM	B	1.14%
BAC	A	1.08%
WMT	A	1.06%
WFC	A	1.0%
MU	D	0.97%
MCD	D	0.85%
HPE	B	0.83%
INTC	C	0.81%
CI	D	0.79%
UAL	A	0.79%
CTSH	C	0.78%
CAT	C	0.77%
CVS	F	0.73%
C	B	0.73%
ELV	F	0.69%
TRV	A	0.66%
GM	B	0.64%
HON	B	0.64%
CVX	A	0.64%
UNP	D	0.62%
CMCSA	B	0.61%
RPRX	F	0.61%
DAL	A	0.6%
T	A	0.6%
JXN	C	0.59%
DE	C	0.58%
VZ	C	0.58%
CNC	F	0.56%
RNR	C	0.55%
UPS	C	0.54%
LIN	D	0.53%
PRU	B	0.53%
PCAR	C	0.53%
EBAY	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%
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%
NEM	D	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 113 Positions Relative to TTAC

Symbol	Grade	Weight
APP	A	-2.41%
NOW	B	-1.71%
ADBE	D	-1.51%
PM	A	-1.4%
INTU	B	-1.33%
PANW	B	-1.26%
MSI	B	-1.22%
LOW	C	-1.2%
CL	D	-1.16%
FTNT	B	-1.13%
AGX	B	-0.98%
HLT	A	-0.94%
ADSK	B	-0.89%
CRWD	B	-0.87%
AMGN	D	-0.83%
TT	A	-0.77%
MCO	D	-0.74%
CVLT	B	-0.73%
DOCU	B	-0.71%
IT	C	-0.67%
MLI	B	-0.66%
NKE	F	-0.65%
EA	A	-0.64%
TEAM	A	-0.62%
LDOS	C	-0.62%
APOG	B	-0.62%
PAYX	B	-0.61%
RPM	B	-0.61%
FIS	C	-0.6%
TROW	B	-0.6%
KTB	A	-0.6%
BR	B	-0.6%
MAS	D	-0.59%
HRB	D	-0.58%
NTAP	C	-0.57%
CPAY	A	-0.57%
INGR	B	-0.57%
LRCX	F	-0.56%
KLAC	F	-0.55%
BOX	B	-0.54%
A	F	-0.53%
EME	A	-0.53%
HALO	F	-0.53%
MANH	D	-0.52%
DDOG	A	-0.52%
SLVM	C	-0.51%
MEDP	D	-0.51%
PWR	A	-0.5%
PSTG	F	-0.49%
COLM	B	-0.49%
AMP	A	-0.48%
NTNX	B	-0.48%
BRBR	A	-0.48%
APAM	B	-0.48%
WSO	A	-0.48%
WSM	D	-0.46%
WHD	B	-0.44%
ROL	B	-0.43%
VRSN	F	-0.43%
WDAY	C	-0.43%
FAST	B	-0.41%
UBER	F	-0.41%
CDW	F	-0.41%
CLX	A	-0.4%
MTD	F	-0.4%
FDS	B	-0.4%
ZS	B	-0.4%
RMD	C	-0.39%
DCI	B	-0.38%
GEN	B	-0.38%
SEIC	B	-0.37%
MORN	B	-0.37%
NFLX	A	-0.36%
EXPO	D	-0.36%
FFIV	B	-0.36%
TPR	B	-0.35%
MCHP	F	-0.35%
JKHY	D	-0.35%
DBX	C	-0.33%
PPC	B	-0.33%
CCK	D	-0.32%
MSA	D	-0.32%
HOLX	D	-0.31%
PEGA	B	-0.3%
UFPI	C	-0.29%
NBIX	C	-0.29%
CPNG	D	-0.28%
LECO	C	-0.28%
PLUS	F	-0.28%
CSWI	A	-0.28%
CINF	A	-0.27%
PINS	F	-0.26%
CDNS	B	-0.26%
MTCH	F	-0.26%
ANF	C	-0.25%
POOL	D	-0.24%
FTI	A	-0.24%
HAS	D	-0.23%
SMG	C	-0.23%
EEFT	C	-0.21%
MAT	D	-0.21%
COR	B	-0.2%
CNM	C	-0.2%
ERIE	F	-0.18%
AFG	A	-0.15%
WFRD	F	-0.14%
ENPH	F	-0.14%
CRUS	F	-0.14%
CHX	C	-0.12%
NYT	D	-0.11%
QLYS	C	-0.11%
OMF	A	-0.1%
DINO	D	-0.09%