LOWV vs. FDWM ETF Comparison

Comparison of AB US Low Volatility Equity ETF (LOWV) to Fidelity Women's Leadership ETF (FDWM)

LOWV

AB US Low Volatility Equity ETF

LOWV Description

The fund is an actively-managed exchange-traded fund ("ETF"). The adviser seeks to achieve the fund"s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.64

Average Daily Volume

7,408

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDWM

Fidelity Women's Leadership ETF

FDWM Description

The investment seeks long-term growth of capital. The Advisor normally invests at least 80% of assets in equity securities of companies that prioritize and advance women's leadership and development. The Adviser may invest the fund's assets in securities of foreign issuers in addition to securities of domestic issuers. The fund may invest a significant percentage of its assets in relatively few companies and may invest up to 25% in a single company. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.72

Average Daily Volume

241

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	LOWV	FDWM
30 Days	1.62%	2.79%
60 Days	2.39%	2.73%
90 Days	4.17%	4.82%
12 Months	24.87%	24.93%

20 Overlapping Holdings

Symbol	Grade	Weight in LOWV	Weight in FDWM	Overlap
AAPL	C	3.95%	4.35%	3.95%
ADBE	C	1.41%	1.32%	1.32%
AMZN	C	1.91%	2.56%	1.91%
BAC	A	1.23%	1.11%	1.11%
CI	F	0.96%	1.69%	0.96%
CRM	B	0.33%	1.62%	0.33%
ETN	A	0.66%	0.94%	0.66%
GEN	B	0.81%	0.93%	0.81%
GOOG	C	4.91%	2.61%	2.61%
INTU	C	1.7%	0.85%	0.85%
JPM	A	1.59%	1.5%	1.5%
LDOS	C	0.55%	0.94%	0.55%
MA	C	1.18%	1.09%	1.09%
MMC	B	1.34%	0.93%	0.93%
MRK	F	1.73%	0.68%	0.68%
MSFT	F	8.14%	3.66%	3.66%
NVDA	C	2.24%	3.24%	2.24%
PGR	A	0.79%	1.73%	0.79%
PSA	D	0.73%	0.75%	0.73%
VRTX	F	0.86%	0.59%	0.59%

LOWV Overweight 54 Positions Relative to FDWM

Symbol	Grade	Weight
AVGO	D	3.28%
FI	A	2.47%
ORCL	B	2.33%
UNH	C	2.09%
ABBV	D	2.05%
V	A	1.96%
PM	B	1.91%
MCK	B	1.74%
ADP	B	1.73%
META	D	1.64%
AZO	C	1.49%
KO	D	1.34%
AEP	D	1.33%
GILD	C	1.26%
CMCSA	B	1.26%
NOW	A	1.17%
LHX	C	1.14%
DOX	D	1.14%
PG	A	1.11%
CBOE	B	1.1%
LULU	C	1.08%
G	B	1.06%
EG	C	1.05%
SHW	A	1.02%
ACM	A	0.96%
BKNG	A	0.96%
NYT	C	0.9%
LLY	F	0.89%
EA	A	0.89%
YUM	B	0.89%
MDT	D	0.85%
RELX	C	0.83%
WMT	A	0.82%
WTW	B	0.79%
AEE	A	0.77%
NTAP	C	0.74%
XOM	B	0.66%
LMT	D	0.64%
DLB	B	0.64%
MSCI	C	0.63%
MTB	A	0.61%
ADI	D	0.6%
RGA	A	0.6%
AMAT	F	0.6%
CL	D	0.54%
AFG	A	0.5%
ORLY	B	0.48%
TSM	B	0.48%
PAYX	C	0.46%
SPGI	C	0.41%
FR	C	0.39%
NICE	C	0.29%
TMO	F	0.29%
VZ	C	0.22%

LOWV Underweight 81 Positions Relative to FDWM

Symbol	Grade	Weight
ACN	C	-2.03%
DIS	B	-1.93%
HOLX	D	-1.76%
ANET	C	-1.41%
WSM	B	-1.4%
CDW	F	-1.23%
HUBS	A	-1.21%
AMD	F	-1.19%
VTR	C	-1.16%
NXPI	D	-1.16%
CNC	D	-1.13%
PODD	C	-1.1%
MRVL	B	-1.08%
BKR	B	-1.04%
HIG	B	-1.04%
NEE	D	-1.0%
ALNY	D	-1.0%
WEX	D	-0.99%
C	A	-0.98%
FSLR	F	-0.98%
GEV	B	-0.96%
NDAQ	A	-0.95%
ULTA	F	-0.94%
ELV	F	-0.92%
TMHC	B	-0.92%
DE	A	-0.92%
PH	A	-0.87%
MU	D	-0.87%
CLX	B	-0.83%
FIS	C	-0.82%
EL	F	-0.8%
ZTS	D	-0.78%
CBT	C	-0.78%
HLT	A	-0.78%
UPS	C	-0.77%
NSIT	F	-0.76%
FSS	B	-0.74%
OTIS	C	-0.71%
SAIC	F	-0.71%
RRX	B	-0.7%
BALL	D	-0.69%
GSK	F	-0.67%
AR	B	-0.66%
NFLX	A	-0.66%
HBAN	A	-0.65%
ETSY	D	-0.64%
EMN	D	-0.62%
ICLR	D	-0.61%
EXAS	D	-0.61%
BBY	D	-0.61%
CE	F	-0.57%
OLED	D	-0.57%
SUM	B	-0.57%
USB	A	-0.56%
OXY	D	-0.55%
PINS	D	-0.55%
SBUX	A	-0.55%
LOW	D	-0.54%
DELL	C	-0.53%
EQT	B	-0.52%
NVT	B	-0.51%
TPR	B	-0.51%
ATI	D	-0.51%
HSY	F	-0.5%
BG	F	-0.47%
MAN	D	-0.47%
WRBY	B	-0.45%
MTN	C	-0.44%
VLTO	D	-0.42%
NKE	D	-0.37%
RUN	F	-0.36%
AMN	F	-0.36%
ARCB	C	-0.34%
ZLAB	C	-0.31%
PD	C	-0.29%
ELF	C	-0.28%
GAP	C	-0.24%
RDUS	C	-0.24%
SEDG	F	-0.21%
MLKN	D	-0.2%
SAGE	F	-0.08%