LRGF vs. FDLO ETF Comparison

Comparison of iShares FactorSelect MSCI USA ETF (LRGF) to Fidelity Low Volatility Factor ETF (FDLO)

LRGF

iShares FactorSelect MSCI USA ETF

LRGF Description

The investment seeks to track the investment results of the MSCI USA Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to select equity securities from MSCI USA Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$58.80

Average Daily Volume

102,577

Number of Holdings ^*

273

* may have additional holdings in another (foreign) market

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$61.02

Average Daily Volume

90,831

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	LRGF	FDLO
30 Days	4.70%	2.09%
60 Days	11.59%	8.58%
90 Days	4.44%	6.14%
12 Months	39.09%	27.76%

60 Overlapping Holdings

Symbol	Grade	Weight in LRGF	Weight in FDLO	Overlap
AAPL	C	6.64%	7.37%	6.64%
ABBV	C	1.08%	1.16%	1.08%
ABT	C	0.54%	0.88%	0.54%
ACN	B	0.14%	1.58%	0.14%
ADP	A	0.15%	0.6%	0.15%
AMGN	D	0.48%	0.81%	0.48%
AMT	D	0.11%	0.34%	0.11%
AMZN	C	2.8%	3.64%	2.8%
AZO	D	0.15%	0.48%	0.15%
BDX	C	0.02%	0.64%	0.02%
BRK.A	B	0.51%	2.07%	0.51%
CMCSA	B	0.41%	0.92%	0.41%
COP	D	0.05%	0.38%	0.05%
CSCO	A	0.39%	1.63%	0.39%
CVX	B	0.51%	0.62%	0.51%
DUK	C	0.23%	0.37%	0.23%
ED	C	0.58%	0.27%	0.27%
EOG	B	0.01%	0.29%	0.01%
EQR	C	0.31%	0.19%	0.19%
ETN	B	0.36%	0.66%	0.36%
GIS	C	0.27%	0.33%	0.27%
HD	A	0.59%	1.17%	0.59%
HSY	D	0.05%	0.27%	0.05%
IBM	A	0.18%	1.66%	0.18%
ITW	C	0.22%	0.54%	0.22%
JNJ	D	0.97%	1.24%	0.97%
JPM	C	1.5%	1.62%	1.5%
KMI	A	0.12%	0.24%	0.12%
KO	C	0.73%	0.76%	0.73%
LIN	C	1.01%	0.57%	0.57%
LLY	D	1.27%	1.85%	1.27%
LMT	A	0.22%	0.63%	0.22%
LOW	C	0.6%	0.7%	0.6%
MA	A	0.74%	1.27%	0.74%
MCD	A	0.67%	0.84%	0.67%
MDLZ	D	0.12%	0.43%	0.12%
MRK	F	0.69%	1.04%	0.69%
MSFT	D	5.95%	7.16%	5.95%
MSI	A	0.21%	1.37%	0.21%
ORCL	A	0.15%	1.85%	0.15%
OTIS	A	0.3%	0.49%	0.3%
PAYX	B	0.38%	0.47%	0.38%
PEP	F	0.93%	0.66%	0.66%
PG	D	1.37%	1.01%	1.01%
PM	D	0.4%	0.59%	0.4%
PSA	C	0.26%	0.26%	0.26%
SBUX	B	0.2%	0.69%	0.2%
SHW	C	0.07%	0.31%	0.07%
SO	A	0.13%	0.38%	0.13%
T	B	0.6%	0.96%	0.6%
TMO	D	0.33%	0.94%	0.33%
TRV	B	0.19%	0.63%	0.19%
TXN	C	0.05%	1.55%	0.05%
UNH	B	0.91%	1.52%	0.91%
V	B	1.2%	1.31%	1.2%
VRTX	D	0.2%	0.68%	0.2%
VZ	C	0.39%	1.01%	0.39%
WEC	B	0.21%	0.26%	0.21%
WMT	A	1.02%	0.9%	0.9%
XOM	A	0.94%	1.14%	0.94%

LRGF Overweight 213 Positions Relative to FDLO

Symbol	Grade	Weight
NVDA	B	5.67%
META	A	2.22%
AVGO	B	1.94%
GOOG	B	1.76%
BKNG	B	1.05%
BMY	A	0.66%
TSLA	C	0.66%
MPC	D	0.62%
AWK	D	0.6%
BK	A	0.59%
BLDR	C	0.59%
COST	C	0.54%
FICO	C	0.53%
AMAT	C	0.53%
GS	B	0.52%
QCOM	D	0.49%
GEHC	C	0.48%
GILD	A	0.47%
HPE	B	0.47%
SPGI	C	0.45%
MELI	D	0.45%
GM	D	0.44%
WSM	C	0.44%
APP	A	0.44%
MCK	F	0.42%
FTNT	A	0.42%
TEAM	D	0.41%
ELV	F	0.4%
HOLX	D	0.4%
AFL	A	0.4%
VST	A	0.4%
WFC	B	0.4%
KLAC	B	0.39%
DUOL	B	0.39%
IBKR	A	0.38%
SPG	A	0.38%
NTNX	C	0.38%
WY	C	0.38%
CTAS	C	0.37%
IT	A	0.36%
AMP	A	0.36%
MANH	A	0.36%
PFE	D	0.36%
MSCI	B	0.36%
KR	C	0.35%
BAC	B	0.34%
VLO	F	0.34%
HRB	C	0.34%
WING	C	0.34%
DELL	C	0.33%
MTD	C	0.33%
EBAY	A	0.33%
CNM	F	0.33%
TGT	C	0.32%
AYI	A	0.32%
YUM	C	0.32%
AIG	C	0.31%
CRH	C	0.31%
JBL	C	0.31%
UBER	C	0.31%
ANET	A	0.31%
BRX	C	0.31%
ABNB	D	0.3%
DECK	B	0.3%
FERG	F	0.3%
ADBE	F	0.29%
MEDP	F	0.29%
CR	A	0.29%
BBY	C	0.28%
EMR	B	0.28%
TPR	B	0.28%
ANF	D	0.28%
CAT	A	0.28%
INTU	F	0.28%
RS	D	0.27%
ALLY	F	0.26%
DOCU	A	0.26%
GTLB	D	0.25%
STLD	C	0.25%
DVA	C	0.25%
PCOR	D	0.25%
LRCX	D	0.24%
AN	D	0.24%
MLI	B	0.24%
CI	D	0.24%
EME	B	0.24%
NUE	D	0.23%
AVB	C	0.23%
RHI	D	0.23%
FOXA	B	0.23%
BLK	A	0.23%
JHG	A	0.23%
AXP	A	0.23%
NDAQ	C	0.22%
WFRD	F	0.22%
PCAR	D	0.21%
SOLV	C	0.21%
TT	A	0.21%
SYF	A	0.21%
ETSY	F	0.21%
STT	A	0.21%
NEE	C	0.2%
CVS	D	0.2%
AMG	B	0.2%
MOH	F	0.19%
HPQ	B	0.19%
COF	A	0.19%
DKS	D	0.19%
CRWD	D	0.19%
PRU	B	0.19%
F	D	0.18%
SNPS	F	0.18%
CDNS	D	0.18%
QLYS	F	0.18%
CVLT	B	0.17%
SYK	C	0.17%
NFLX	A	0.17%
EXC	C	0.17%
R	C	0.16%
AMD	C	0.16%
ESTC	F	0.16%
PANW	B	0.16%
HUM	F	0.16%
IOT	C	0.16%
C	B	0.15%
DTE	B	0.15%
BBWI	F	0.15%
GE	B	0.15%
OMC	C	0.15%
WTS	C	0.15%
MMM	C	0.14%
SMAR	A	0.14%
CPNG	C	0.13%
NVT	C	0.13%
FNF	C	0.13%
OLN	D	0.13%
VOYA	A	0.13%
RMBS	F	0.12%
HUBS	D	0.12%
SPOT	C	0.12%
HOG	D	0.11%
OKTA	F	0.11%
MUSA	D	0.11%
MDT	C	0.11%
COKE	C	0.11%
TTEK	A	0.11%
RL	B	0.11%
ELF	F	0.11%
GWW	B	0.1%
APA	F	0.1%
FI	A	0.1%
GL	C	0.1%
PH	A	0.1%
MO	D	0.1%
LNTH	C	0.1%
MCHP	F	0.1%
CRM	B	0.1%
RRC	D	0.1%
MS	A	0.09%
MRO	B	0.09%
VLTO	A	0.09%
ZS	F	0.09%
AGNC	B	0.08%
PVH	D	0.08%
CARR	A	0.08%
ADM	F	0.08%
PLD	D	0.08%
ACGL	A	0.08%
XRAY	D	0.07%
SRE	C	0.07%
UNM	A	0.07%
CMC	D	0.07%
CHK	C	0.07%
MRNA	F	0.07%
LPX	C	0.07%
CRUS	D	0.06%
EG	A	0.06%
ACI	F	0.06%
TAP	D	0.06%
CEG	A	0.06%
CHTR	D	0.06%
RGA	B	0.06%
SSD	B	0.05%
DOW	B	0.05%
FE	C	0.05%
PFG	A	0.05%
SFM	A	0.04%
MET	A	0.04%
AR	C	0.04%
NOW	B	0.04%
THO	C	0.04%
BXP	B	0.04%
LII	C	0.03%
HIG	A	0.03%
DE	C	0.03%
MGM	D	0.03%
ZBH	F	0.03%
MOD	B	0.03%
AGCO	D	0.03%
PATH	D	0.02%
NTAP	D	0.02%
NWSA	D	0.02%
CVNA	A	0.02%
BSX	A	0.02%
LYV	A	0.02%
UAL	A	0.02%
MUR	F	0.02%
KHC	F	0.02%
RPRX	D	0.01%
ULTA	D	0.01%
PSX	D	0.01%
EXPD	D	0.01%
FDX	F	0.01%

LRGF Underweight 65 Positions Relative to FDLO

Symbol	Grade	Weight
GOOGL	B	-3.93%
ROP	D	-1.23%
AKAM	D	-1.19%
TYL	D	-1.16%
DOX	B	-1.14%
VRSN	C	-1.14%
TMUS	A	-0.85%
PGR	B	-0.83%
CB	A	-0.73%
MMC	D	-0.68%
REGN	D	-0.68%
CME	A	-0.67%
NKE	D	-0.66%
UNP	F	-0.66%
HON	C	-0.64%
TJX	D	-0.64%
EA	D	-0.64%
ERIE	A	-0.6%
AJG	C	-0.58%
CBOE	B	-0.56%
AIZ	B	-0.56%
FDS	C	-0.56%
NOC	B	-0.54%
WM	B	-0.52%
JKHY	A	-0.52%
WRB	C	-0.52%
GD	C	-0.51%
ORLY	A	-0.5%
LHX	A	-0.47%
TSCO	A	-0.47%
FAST	C	-0.47%
BAH	C	-0.46%
RSG	D	-0.45%
J	F	-0.44%
GRMN	D	-0.43%
FCN	C	-0.4%
HII	F	-0.39%
CL	D	-0.39%
KMB	D	-0.32%
AEP	C	-0.3%
EQIX	C	-0.3%
XEL	C	-0.28%
WMB	A	-0.27%
APD	C	-0.26%
O	C	-0.25%
AEE	A	-0.25%
ECL	C	-0.25%
LNG	A	-0.24%
DLR	C	-0.24%
CMS	A	-0.24%
CCI	D	-0.23%
CTVA	A	-0.22%
CSGP	F	-0.19%
MAA	D	-0.18%
DTM	A	-0.18%
VMC	D	-0.18%
MLM	F	-0.18%
CTRA	D	-0.18%
AMCR	C	-0.17%
PKG	B	-0.17%
ATR	A	-0.16%
ELS	D	-0.16%
AMH	D	-0.16%
AVY	D	-0.16%
ADC	C	-0.15%