QUAL vs. FDVV ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to Fidelity Core Dividend ETF (FDVV)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.55

Average Daily Volume

894,827

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

FDVV

Fidelity Core Dividend ETF

FDVV Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Core Dividend Index. Normally investing at least 80% of assets in securities included in the Fidelity Core Dividend Index and in depository receipts representing securities included in the index. The Fidelity Core Dividend Index is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends.

Grade (RS Rating)

Last Trade

$51.56

Average Daily Volume

426,488

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QUAL	FDVV
30 Days	0.89%	0.88%
60 Days	3.55%	3.97%
90 Days	4.85%	5.70%
12 Months	31.91%	33.67%

23 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in FDVV	Overlap
AAPL	C	5.37%	5.55%	5.37%
BBY	C	0.27%	0.24%	0.24%
CAT	B	1.45%	1.64%	1.45%
CME	B	0.5%	0.39%	0.39%
COP	C	1.69%	1.18%	1.18%
CSCO	A	1.72%	1.1%	1.1%
EA	A	0.19%	0.12%	0.12%
IPG	F	0.05%	0.09%	0.05%
JNJ	D	2.13%	0.69%	0.69%
LMT	D	1.08%	1.44%	1.08%
MSFT	C	4.5%	5.21%	4.5%
NKE	F	1.36%	0.2%	0.2%
NVDA	A	7.09%	6.81%	6.81%
OMC	A	0.11%	0.12%	0.11%
PEP	D	1.11%	1.54%	1.11%
PLD	D	0.7%	0.94%	0.7%
PSA	D	0.54%	1.08%	0.54%
QCOM	F	1.21%	1.09%	1.09%
TJX	A	1.93%	0.32%	0.32%
TXN	B	1.42%	1.19%	1.19%
UNH	B	2.8%	0.93%	0.93%
V	A	4.34%	0.77%	0.77%
WBA	D	0.03%	0.48%	0.03%

QUAL Overweight 100 Positions Relative to FDVV

Symbol	Grade	Weight
META	B	4.26%
MA	B	4.09%
LLY	F	3.57%
COST	B	2.51%
GOOGL	C	1.81%
ADP	A	1.75%
ADBE	C	1.71%
ACN	B	1.66%
NFLX	A	1.66%
GOOG	C	1.58%
KO	F	1.44%
AMAT	F	1.31%
CMG	B	1.22%
LIN	D	1.15%
BLK	A	0.96%
SRE	B	0.89%
SLB	C	0.87%
KLAC	F	0.83%
ANET	C	0.81%
LRCX	F	0.8%
MMC	D	0.73%
ITW	B	0.72%
DHI	D	0.71%
VRTX	B	0.66%
LULU	B	0.64%
PEG	C	0.64%
CTAS	B	0.6%
CDNS	B	0.59%
GWW	B	0.58%
SHW	A	0.57%
TPL	B	0.56%
SNPS	C	0.54%
NVR	D	0.52%
MCO	C	0.51%
APH	B	0.51%
MMM	C	0.5%
PAYX	B	0.49%
ED	D	0.49%
ZTS	D	0.49%
GRMN	A	0.48%
DECK	B	0.47%
TSCO	D	0.44%
PHM	D	0.43%
FAST	B	0.41%
AFL	C	0.39%
ATO	B	0.38%
ODFL	B	0.34%
CBRE	B	0.34%
ULTA	C	0.33%
APD	B	0.33%
AMP	A	0.31%
IDXX	F	0.3%
WSM	F	0.29%
FERG	B	0.29%
CSGP	F	0.27%
ACGL	C	0.25%
EW	F	0.23%
AVB	B	0.23%
MPWR	F	0.23%
MNST	B	0.22%
A	F	0.22%
NTAP	D	0.22%
POOL	D	0.22%
ROK	B	0.21%
VLTO	D	0.21%
EQT	B	0.21%
MANH	C	0.2%
TROW	A	0.19%
RMD	C	0.18%
APA	F	0.18%
KEYS	C	0.17%
LPLA	A	0.17%
EQR	C	0.17%
VEEV	B	0.16%
EME	B	0.16%
PPG	F	0.15%
HSY	F	0.15%
CBOE	D	0.14%
WAT	B	0.14%
WSO	B	0.12%
FDS	A	0.12%
EXPD	C	0.12%
WST	B	0.12%
ROL	C	0.11%
JKHY	C	0.1%
PKG	B	0.1%
GGG	B	0.1%
MOH	F	0.1%
ERIE	F	0.09%
RS	C	0.09%
UTHR	B	0.09%
AVY	F	0.08%
SMCI	F	0.08%
PAYC	B	0.08%
SEIC	A	0.07%
ENPH	F	0.07%
MKTX	C	0.07%
AFG	A	0.06%
AOS	F	0.06%
SOLV	C	0.05%

QUAL Underweight 69 Positions Relative to FDVV

Symbol	Grade	Weight
AVGO	C	-2.17%
TRGP	B	-2.1%
XOM	B	-1.99%
PM	B	-1.92%
PG	C	-1.92%
MO	A	-1.68%
GE	D	-1.61%
NEE	D	-1.56%
RTX	D	-1.55%
KMI	B	-1.53%
CVX	A	-1.49%
SO	D	-1.43%
DUK	D	-1.32%
D	D	-1.32%
AEP	D	-1.32%
HON	B	-1.31%
EIX	C	-1.27%
UNP	D	-1.2%
OHI	C	-1.19%
SPG	A	-1.18%
EOG	A	-1.18%
PCAR	B	-1.16%
ES	D	-1.15%
DELL	C	-1.12%
ACI	C	-1.08%
UPS	C	-1.07%
IBM	D	-1.04%
JPM	A	-1.03%
GLPI	D	-0.93%
DVN	F	-0.91%
HPQ	B	-0.9%
VICI	D	-0.9%
CCI	F	-0.88%
WY	F	-0.85%
WPC	F	-0.78%
GEV	B	-0.76%
ABBV	F	-0.75%
BAC	A	-0.67%
WFC	A	-0.65%
GS	B	-0.61%
MS	A	-0.58%
GILD	B	-0.57%
BX	A	-0.53%
AMGN	F	-0.52%
PFE	F	-0.51%
BMY	B	-0.51%
PNC	B	-0.48%
C	B	-0.47%
HD	B	-0.47%
USB	B	-0.42%
TFC	B	-0.42%
CVS	F	-0.35%
MCD	C	-0.33%
LOW	B	-0.33%
GM	B	-0.32%
SBUX	B	-0.27%
DKS	D	-0.26%
MAR	A	-0.26%
F	C	-0.2%
T	A	-0.17%
CMCSA	B	-0.16%
VZ	D	-0.15%
TKO	D	-0.13%
FOXA	A	-0.13%
NWSA	B	-0.12%
NYT	C	-0.11%
NXST	C	-0.1%
PARA	B	-0.08%
WMG	B	-0.08%