QOWZ vs. FLRG ETF Comparison

Comparison of Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) to Fidelity U.S. Multifactor ETF (FLRG)

QOWZ

Invesco Nasdaq Free Cash Flow Achievers ETF

QOWZ Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. compiles, maintains and calculates the underlying index, which is designed to track the performance of U.S.-listed companies with continuous and stable growth in free cash flow. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.34

Average Daily Volume

2,123

Number of Holdings ^*

* 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

$35.37

Average Daily Volume

51,658

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	QOWZ	FLRG
30 Days	5.76%	3.91%
60 Days	7.75%	5.11%
90 Days	8.64%	6.17%
12 Months		32.36%

12 Overlapping Holdings

Symbol	Grade	Weight in QOWZ	Weight in FLRG	Overlap
ADP	B	2.54%	1.17%	1.17%
APH	A	2.15%	0.61%	0.61%
AVGO	D	5.27%	1.93%	1.93%
CDNS	B	2.22%	0.6%	0.6%
FICO	B	2.07%	0.63%	0.63%
KLAC	D	1.75%	0.65%	0.65%
MA	C	4.45%	1.64%	1.64%
META	D	6.77%	2.47%	2.47%
NVDA	C	11.37%	6.08%	6.08%
NVR	D	1.24%	0.94%	0.94%
PAYX	C	1.76%	1.04%	1.04%
QLYS	C	0.72%	0.42%	0.42%

QOWZ Overweight 38 Positions Relative to FLRG

Symbol	Grade	Weight
UNH	C	4.65%
CRM	B	4.17%
NOW	A	3.39%
INTU	C	2.93%
ADBE	C	2.88%
TMO	F	2.67%
MAR	B	2.24%
CTAS	B	2.22%
FTNT	C	2.15%
COF	B	2.15%
KMI	A	2.12%
RSG	A	1.91%
FAST	B	1.8%
ROP	B	1.78%
WBD	C	1.41%
MCHP	D	1.25%
TDY	B	1.24%
PTC	A	1.23%
ROL	B	1.21%
WST	C	1.19%
OC	A	1.14%
MTD	D	1.1%
MKC	D	1.09%
VRSN	F	1.07%
MANH	D	1.07%
POOL	C	0.98%
AYI	B	0.94%
BECN	B	0.79%
RMBS	C	0.73%
WTS	B	0.68%
THO	B	0.67%
LFUS	F	0.63%
CVCO	A	0.62%
PRGS	A	0.54%
TTGT	C	0.32%
RDUS	C	0.27%
SLP	D	0.21%
DLHC	F	0.11%

QOWZ Underweight 89 Positions Relative to FLRG

Symbol	Grade	Weight
MSFT	F	-6.44%
GOOGL	C	-3.46%
LLY	F	-1.98%
VST	B	-1.76%
V	A	-1.66%
HD	A	-1.62%
PG	A	-1.43%
JNJ	D	-1.35%
ABBV	D	-1.29%
MCD	D	-1.28%
PGR	A	-1.25%
LMT	D	-1.2%
BKNG	A	-1.15%
NFG	A	-1.12%
PSA	D	-1.04%
PCAR	B	-1.03%
ALSN	B	-1.02%
ACGL	D	-1.02%
PM	B	-1.01%
MLI	C	-1.0%
VRSK	A	-1.0%
BCC	B	-0.97%
SNA	A	-0.97%
HIG	B	-0.95%
CF	B	-0.91%
LEN	D	-0.91%
ORLY	B	-0.91%
PHM	D	-0.91%
AMGN	D	-0.91%
IBM	C	-0.9%
DTM	B	-0.9%
EG	C	-0.9%
JXN	C	-0.89%
CRBG	B	-0.88%
VICI	C	-0.88%
SYF	B	-0.88%
OHI	C	-0.87%
MTG	C	-0.87%
AZO	C	-0.87%
HRB	D	-0.87%
ESNT	D	-0.87%
WSM	B	-0.86%
CI	F	-0.83%
RGA	A	-0.83%
CTRA	B	-0.83%
NUE	C	-0.82%
MO	A	-0.82%
CL	D	-0.82%
STLD	B	-0.81%
RDN	C	-0.81%
VLO	C	-0.81%
QCOM	F	-0.81%
REGN	F	-0.8%
VRTX	F	-0.79%
AMAT	F	-0.77%
BRBR	A	-0.77%
KMB	D	-0.75%
UTHR	C	-0.7%
NFLX	A	-0.69%
ANET	C	-0.68%
CNC	D	-0.67%
CRWD	B	-0.67%
CHRD	D	-0.67%
MOH	F	-0.65%
MSI	B	-0.64%
RPRX	D	-0.63%
LRCX	F	-0.63%
MCK	B	-0.6%
ZM	B	-0.56%
NXPI	D	-0.55%
DELL	C	-0.54%
GDDY	A	-0.53%
CTSH	B	-0.52%
GEN	B	-0.51%
DBX	B	-0.5%
AKAM	D	-0.5%
ACIW	B	-0.5%
NTAP	C	-0.49%
CRUS	D	-0.47%
VZ	C	-0.47%
DOX	D	-0.47%
CVLT	B	-0.47%
DLB	B	-0.45%
SWKS	F	-0.43%
T	A	-0.41%
CMCSA	B	-0.41%
TMUS	B	-0.31%
EA	A	-0.17%
FOXA	B	-0.14%