IVOV vs. FVAL ETF Comparison

Comparison of Vanguard S&P Mid-Cap 400 Value ETF (IVOV) to Fidelity Value Factor ETF (FVAL)

IVOV

Vanguard S&P Mid-Cap 400 Value ETF

IVOV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P MidCap 400Â® Value Index, which represents the value companies of the S&P MidCap 400 Index. The index measures the performance of mid-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

$95.75

Average Daily Volume

14,011

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

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

$60.22

Average Daily Volume

55,847

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	IVOV	FVAL
30 Days	4.32%	2.44%
60 Days	5.34%	2.80%
90 Days	9.83%	5.00%
12 Months	22.57%	24.77%

12 Overlapping Holdings

Symbol	Grade	Weight in IVOV	Weight in FVAL	Overlap
AGCO	D	0.43%	0.39%	0.39%
CLF	F	0.53%	0.12%	0.12%
G	C	0.42%	0.45%	0.42%
GLPI	C	0.57%	0.18%	0.18%
JLL	B	0.87%	0.17%	0.17%
M	F	0.35%	0.4%	0.35%
MUR	F	0.25%	0.15%	0.15%
NFG	B	0.39%	0.2%	0.2%
OZK	D	0.17%	0.46%	0.17%
RNR	C	0.4%	0.57%	0.4%
UGI	C	0.38%	0.19%	0.19%
WPC	C	0.93%	0.19%	0.19%

IVOV Overweight 272 Positions Relative to FVAL

Symbol	Grade	Weight
ILMN	C	1.43%
RGA	C	1.09%
THC	A	1.07%
FNF	B	1.05%
USFD	B	0.9%
ALLY	F	0.9%
BJ	D	0.86%
PFGC	B	0.79%
RRX	C	0.78%
AVTR	B	0.77%
UNM	B	0.75%
JEF	B	0.73%
COHR	C	0.68%
GPK	B	0.68%
SNX	D	0.68%
SF	A	0.67%
FHN	D	0.67%
X	F	0.67%
ARMK	B	0.66%
ORI	B	0.64%
KNX	C	0.64%
AFG	B	0.63%
AR	F	0.62%
CHK	D	0.62%
WBS	D	0.62%
FLR	D	0.6%
NOV	F	0.6%
GMED	D	0.59%
OGE	C	0.57%
ZION	D	0.56%
UTHR	C	0.56%
WCC	D	0.56%
DINO	F	0.56%
BERY	B	0.55%
SSB	B	0.55%
RPM	B	0.53%
WTFC	B	0.52%
BMRN	F	0.52%
XPO	D	0.52%
TMHC	A	0.52%
OSK	F	0.52%
ADC	C	0.51%
LEA	F	0.51%
CMC	D	0.51%
PB	B	0.51%
SNV	C	0.5%
REXR	C	0.49%
BURL	B	0.49%
ACM	B	0.49%
MTZ	B	0.49%
ESNT	B	0.49%
FYBR	C	0.48%
ARW	C	0.48%
CACI	B	0.47%
EQH	C	0.46%
FAF	B	0.46%
ONB	C	0.46%
DAR	F	0.46%
GME	F	0.45%
R	A	0.45%
KD	D	0.45%
STWD	B	0.44%
CADE	C	0.44%
VMI	D	0.44%
ST	D	0.43%
AMG	C	0.43%
DKS	D	0.43%
SFM	B	0.43%
AA	D	0.43%
SCI	B	0.42%
NXST	D	0.42%
PVH	F	0.42%
WHR	D	0.41%
CG	D	0.41%
CCK	A	0.41%
EWBC	D	0.41%
XRAY	D	0.41%
THO	D	0.41%
KRG	B	0.4%
SRCL	A	0.4%
COLB	B	0.4%
MDU	C	0.4%
POST	C	0.4%
FNB	C	0.4%
HOMB	B	0.39%
SON	C	0.39%
OHI	B	0.39%
WTRG	D	0.39%
EHC	C	0.38%
NNN	C	0.38%
TPL	B	0.38%
TTC	D	0.38%
LAD	D	0.38%
INGR	B	0.38%
IBKR	B	0.38%
UBSI	B	0.38%
GBCI	B	0.37%
GAP	F	0.37%
AVT	C	0.36%
POR	C	0.36%
THG	B	0.36%
CGNX	F	0.35%
JHG	B	0.35%
VNO	B	0.35%
CUBE	B	0.35%
KBR	D	0.35%
ASH	D	0.35%
HOG	C	0.34%
ELS	C	0.34%
NJR	B	0.34%
ERIE	B	0.34%
AMH	C	0.34%
AN	D	0.34%
SWX	C	0.33%
UMBF	B	0.33%
CIEN	C	0.33%
CBSH	C	0.33%
FLO	C	0.32%
ASGN	D	0.32%
PNFP	B	0.32%
RGLD	C	0.32%
CFR	C	0.32%
VOYA	B	0.32%
LAMR	B	0.32%
PII	D	0.32%
SLGN	B	0.31%
ORA	C	0.31%
CUZ	B	0.31%
IRT	B	0.31%
BRX	B	0.31%
PBF	F	0.31%
JAZZ	D	0.3%
MKSI	F	0.3%
BKH	B	0.3%
MTG	B	0.3%
AVNT	B	0.3%
SAIC	C	0.3%
KEX	C	0.3%
CNM	F	0.29%
OGS	B	0.29%
KRC	B	0.29%
CW	B	0.29%
ATR	B	0.29%
WU	F	0.29%
AYI	B	0.28%
SBRA	C	0.28%
FR	B	0.28%
BDC	B	0.28%
CNO	B	0.28%
SR	B	0.28%
PRGO	D	0.28%
DCI	C	0.28%
KMPR	D	0.28%
MIDD	D	0.27%
MAN	C	0.27%
FLS	D	0.27%
TKO	B	0.27%
STAG	C	0.27%
MAT	C	0.27%
ALE	B	0.27%
CYTK	F	0.27%
PNM	B	0.27%
LITE	B	0.26%
PCH	C	0.26%
VLY	C	0.26%
CC	F	0.26%
HQY	C	0.25%
NEOG	D	0.25%
PAG	D	0.25%
AMKR	F	0.25%
SEIC	C	0.25%
ASB	D	0.25%
EGP	B	0.25%
TKR	D	0.25%
CHE	C	0.25%
OLN	D	0.24%
NWE	B	0.24%
CNXC	F	0.24%
GT	F	0.24%
TCBI	B	0.23%
BHF	F	0.23%
GATX	D	0.23%
BRBR	C	0.23%
KBH	A	0.23%
FFIN	B	0.22%
SLM	D	0.22%
IDA	C	0.22%
CRUS	D	0.22%
VSH	F	0.22%
CACC	F	0.22%
HXL	F	0.21%
ALV	F	0.21%
NVST	D	0.21%
BRKR	D	0.2%
SRPT	D	0.2%
GHC	B	0.2%
TGNA	D	0.2%
DTM	B	0.2%
NOVT	D	0.2%
EVR	A	0.2%
FHI	A	0.2%
VAC	F	0.2%
ENS	D	0.19%
RCM	C	0.19%
RYN	C	0.19%
GNTX	F	0.19%
EXPO	A	0.19%
CVLT	B	0.19%
RH	B	0.18%
EXLS	B	0.18%
SIGI	D	0.18%
GXO	D	0.18%
HWC	D	0.17%
ADNT	F	0.17%
OPCH	C	0.17%
MTN	D	0.17%
ENOV	D	0.17%
RLI	B	0.16%
BC	C	0.16%
CHX	F	0.16%
ZI	D	0.16%
LSTR	D	0.16%
LPX	B	0.16%
ZD	D	0.16%
CRI	D	0.16%
JWN	C	0.16%
LFUS	C	0.15%
DLB	D	0.15%
CPRI	D	0.15%
SYNA	F	0.15%
EEFT	D	0.15%
LANC	D	0.15%
MTSI	D	0.15%
SMG	C	0.15%
IBOC	D	0.15%
AM	C	0.15%
POWI	F	0.15%
WH	B	0.15%
AMED	C	0.14%
MSM	D	0.14%
TEX	F	0.14%
DOCS	B	0.13%
GEF	D	0.13%
IRDM	D	0.13%
VC	F	0.13%
MASI	F	0.13%
CBT	B	0.13%
HAE	F	0.13%
NSP	F	0.13%
PPC	D	0.12%
LIVN	D	0.12%
ALGM	F	0.11%
NSA	B	0.11%
MMS	C	0.11%
CHH	C	0.11%
KNF	B	0.1%
UA	D	0.1%
SAM	F	0.1%
HELE	D	0.1%
COLM	C	0.1%
AZTA	F	0.09%
BLKB	C	0.09%
WOLF	F	0.09%
YETI	D	0.09%
IPGP	F	0.09%
EPR	B	0.09%
WEN	C	0.09%
UAA	C	0.09%
MP	D	0.08%
HGV	F	0.08%
WMG	D	0.07%
TNL	D	0.07%

IVOV Underweight 112 Positions Relative to FVAL

Symbol	Grade	Weight
MSFT	C	-6.96%
AAPL	C	-6.96%
NVDA	D	-6.47%
AMZN	C	-3.76%
GOOGL	D	-3.57%
META	B	-2.54%
BRK.A	C	-2.08%
UNH	C	-1.78%
JPM	D	-1.62%
JNJ	C	-1.49%
V	C	-1.4%
ABBV	C	-1.38%
MRK	D	-1.28%
CRM	D	-1.21%
ACN	C	-1.2%
HD	B	-1.2%
IBM	B	-1.2%
PG	C	-1.17%
XOM	C	-1.12%
QCOM	D	-1.1%
WMT	C	-1.08%
BAC	D	-0.99%
ELV	C	-0.97%
CI	C	-0.96%
GILD	B	-0.95%
MCD	B	-0.9%
BMY	C	-0.9%
ZM	C	-0.86%
MU	F	-0.84%
WFC	D	-0.81%
CVS	D	-0.81%
CTSH	C	-0.8%
AXP	B	-0.79%
CNC	D	-0.75%
CAT	B	-0.73%
BKNG	C	-0.73%
SWKS	D	-0.72%
RPRX	C	-0.7%
HPE	D	-0.69%
VZ	B	-0.68%
UNP	C	-0.68%
C	C	-0.66%
INTC	F	-0.65%
TRV	C	-0.65%
HON	D	-0.64%
ADP	B	-0.63%
T	C	-0.63%
LMT	C	-0.63%
CVX	D	-0.62%
DE	B	-0.62%
CMCSA	D	-0.59%
LIN	B	-0.58%
GM	C	-0.57%
COF	B	-0.57%
EBAY	B	-0.56%
MMM	B	-0.55%
UPS	D	-0.55%
MO	C	-0.55%
EG	C	-0.54%
NEE	C	-0.54%
PRU	C	-0.54%
DFS	B	-0.53%
KVUE	C	-0.53%
F	F	-0.52%
EXPE	C	-0.52%
SYF	C	-0.51%
TGT	C	-0.5%
JXN	A	-0.49%
FDX	C	-0.49%
UAL	C	-0.48%
LVS	D	-0.48%
DAL	C	-0.47%
PCAR	D	-0.47%
CMI	C	-0.46%
KMB	D	-0.46%
WYNN	D	-0.45%
KR	C	-0.43%
ADM	D	-0.41%
RHI	D	-0.4%
COP	D	-0.39%
PLD	C	-0.38%
DUK	C	-0.37%
OC	D	-0.37%
ACI	F	-0.36%
BG	D	-0.36%
AEP	C	-0.3%
PSA	B	-0.29%
PARA	F	-0.29%
EOG	D	-0.29%
EXC	C	-0.28%
PCG	C	-0.28%
MPC	F	-0.27%
NEM	B	-0.27%
SPG	B	-0.26%
ATKR	F	-0.26%
O	C	-0.26%
FCX	D	-0.25%
NRG	C	-0.24%
VICI	C	-0.23%
CBRE	A	-0.22%
VLO	F	-0.22%
ARE	C	-0.2%
DOW	D	-0.2%
BXP	B	-0.19%
DVN	F	-0.19%
NUE	F	-0.19%
LYB	D	-0.18%
HST	C	-0.18%
CF	C	-0.17%
STLD	F	-0.15%
CIVI	F	-0.14%
MOS	F	-0.14%