PY vs. FLRG ETF Comparison

Comparison of Principal Shareholder Yield Index ETF (PY) to Fidelity U.S. Multifactor ETF (FLRG)

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$51.18

Average Daily Volume

4,823

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

FLRG

Fidelity U.S. Multifactor ETF

FLRG Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Multifactor Index?. The fund normally invests at least 80% of its assets in securities included in the Fidelity U.S. Multifactor Index?. The Fidelity U.S. Multifactor Index? is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$34.91

Average Daily Volume

50,746

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	PY	FLRG
30 Days	1.79%	1.75%
60 Days	5.92%	5.22%
90 Days	8.24%	7.02%
12 Months	29.47%	32.04%

23 Overlapping Holdings

Symbol	Grade	Weight in PY	Weight in FLRG	Overlap
ADP	A	1.02%	1.17%	1.02%
AVGO	C	2.53%	1.93%	1.93%
CF	B	0.75%	0.91%	0.75%
CI	D	0.8%	0.83%	0.8%
CMCSA	B	1.1%	0.41%	0.41%
CTSH	A	0.79%	0.52%	0.52%
EG	D	0.68%	0.9%	0.68%
FOXA	A	0.78%	0.14%	0.14%
HD	B	1.58%	1.62%	1.58%
HIG	C	0.76%	0.95%	0.76%
KMB	D	0.7%	0.75%	0.7%
LMT	D	0.92%	1.2%	0.92%
MO	A	0.87%	0.82%	0.82%
MSFT	C	3.46%	6.44%	3.46%
NVDA	A	3.4%	6.08%	3.4%
PAYX	B	0.87%	1.04%	0.87%
QCOM	F	1.12%	0.81%	0.81%
SNA	A	0.93%	0.97%	0.93%
STLD	C	0.95%	0.81%	0.81%
SWKS	F	0.64%	0.43%	0.43%
SYF	B	0.96%	0.88%	0.88%
VICI	D	0.7%	0.88%	0.7%
VLO	C	0.78%	0.81%	0.78%

PY Overweight 82 Positions Relative to FLRG

Symbol	Grade	Weight
AAPL	C	3.8%
XOM	B	1.83%
WFC	A	1.37%
CVX	A	1.31%
MS	A	1.23%
CAT	B	1.2%
ACN	B	1.16%
AXP	B	1.13%
LOW	B	1.07%
RTX	D	1.04%
DFS	B	1.01%
TT	B	1.0%
AMP	A	0.98%
TRGP	B	0.97%
BMY	B	0.97%
TJX	A	0.96%
BKR	B	0.94%
PNC	B	0.94%
EQT	B	0.91%
BK	B	0.9%
ITW	B	0.9%
DE	D	0.9%
HPE	B	0.9%
CB	C	0.89%
MMC	D	0.89%
RL	B	0.88%
CSX	B	0.87%
TRV	B	0.86%
PNR	A	0.86%
SPG	A	0.85%
KR	A	0.85%
SLB	C	0.84%
RF	A	0.83%
FITB	A	0.83%
PLD	D	0.83%
MET	C	0.83%
OTIS	D	0.82%
NKE	F	0.82%
AIG	B	0.81%
PRU	B	0.81%
FDX	B	0.81%
WTW	A	0.8%
HPQ	B	0.8%
NDAQ	B	0.8%
CINF	A	0.79%
DD	D	0.79%
CVS	F	0.79%
ROK	B	0.78%
BR	A	0.78%
EBAY	C	0.77%
AVB	B	0.77%
PSX	C	0.77%
MDLZ	F	0.77%
DRI	B	0.76%
ALLE	D	0.75%
FANG	C	0.75%
NDSN	B	0.75%
MRO	B	0.75%
BEN	C	0.75%
AIZ	A	0.75%
PPG	F	0.74%
HAL	C	0.74%
TAP	B	0.74%
SYY	D	0.74%
EMN	D	0.73%
ESS	C	0.73%
MPC	D	0.73%
BBWI	C	0.72%
OXY	F	0.72%
MAA	C	0.71%
ARE	F	0.7%
CPT	C	0.7%
SBAC	D	0.68%
MKC	D	0.67%
INVH	D	0.67%
AOS	F	0.67%
LYB	F	0.66%
GIS	F	0.66%
GPC	D	0.65%
ADM	F	0.64%
HSY	F	0.64%
HRL	F	0.64%

PY Underweight 78 Positions Relative to FLRG

Symbol	Grade	Weight
GOOGL	C	-3.46%
META	B	-2.47%
LLY	F	-1.98%
VST	B	-1.76%
V	A	-1.66%
MA	B	-1.64%
PG	C	-1.43%
JNJ	D	-1.35%
ABBV	F	-1.29%
MCD	C	-1.28%
PGR	A	-1.25%
BKNG	A	-1.15%
NFG	D	-1.12%
PSA	D	-1.04%
PCAR	B	-1.03%
ALSN	B	-1.02%
ACGL	C	-1.02%
PM	B	-1.01%
MLI	B	-1.0%
VRSK	A	-1.0%
BCC	B	-0.97%
NVR	D	-0.94%
LEN	D	-0.91%
ORLY	A	-0.91%
PHM	D	-0.91%
AMGN	F	-0.91%
IBM	D	-0.9%
DTM	A	-0.9%
JXN	C	-0.89%
CRBG	C	-0.88%
OHI	C	-0.87%
MTG	C	-0.87%
AZO	B	-0.87%
HRB	D	-0.87%
ESNT	D	-0.87%
WSM	F	-0.86%
RGA	A	-0.83%
CTRA	B	-0.83%
NUE	D	-0.82%
CL	F	-0.82%
RDN	C	-0.81%
REGN	F	-0.8%
VRTX	B	-0.79%
AMAT	F	-0.77%
BRBR	A	-0.77%
UTHR	B	-0.7%
NFLX	A	-0.69%
ANET	C	-0.68%
CNC	F	-0.67%
CRWD	B	-0.67%
CHRD	D	-0.67%
KLAC	F	-0.65%
MOH	F	-0.65%
MSI	B	-0.64%
FICO	B	-0.63%
RPRX	F	-0.63%
LRCX	F	-0.63%
APH	B	-0.61%
CDNS	B	-0.6%
MCK	B	-0.6%
ZM	B	-0.56%
NXPI	F	-0.55%
DELL	C	-0.54%
GDDY	B	-0.53%
GEN	B	-0.51%
DBX	B	-0.5%
AKAM	F	-0.5%
ACIW	B	-0.5%
NTAP	D	-0.49%
CRUS	F	-0.47%
VZ	D	-0.47%
DOX	C	-0.47%
CVLT	B	-0.47%
DLB	D	-0.45%
QLYS	B	-0.42%
T	A	-0.41%
TMUS	A	-0.31%
EA	A	-0.17%