QWLD vs. FDMO ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Fidelity Momentum Factor ETF (FDMO)

QWLD

SPDR MSCI World Quality Mix ETF

QWLD Description

The investment seeks to track the performance of the MSCI World Quality Mix Index. The index captures large-and mid-cap representation across 24 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$128.44

Average Daily Volume

3,453

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

FDMO

Fidelity Momentum Factor ETF

FDMO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.

Grade (RS Rating)

Last Trade

$71.42

Average Daily Volume

35,646

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	FDMO
30 Days	0.82%	6.00%
60 Days	0.23%	8.27%
90 Days	0.87%	10.44%
12 Months	22.65%	42.98%

97 Overlapping Holdings

Symbol	Grade	Weight in QWLD	Weight in FDMO	Overlap
AAPL	C	2.57%	6.8%	2.57%
ABBV	D	0.16%	1.08%	0.16%
ABBV	D	0.34%	1.08%	0.34%
AEP	D	0.07%	0.28%	0.07%
AMZN	C	0.37%	3.76%	0.37%
ANET	C	0.19%	0.82%	0.19%
APP	B	0.0%	1.27%	0.0%
AVGO	D	0.11%	2.03%	0.11%
AXP	A	0.06%	0.9%	0.06%
BAC	A	0.39%	1.21%	0.39%
BK	A	0.05%	0.7%	0.05%
BKNG	A	0.03%	0.66%	0.03%
BRK.A	B	0.73%	2.14%	0.73%
BSX	B	0.02%	0.95%	0.02%
CARR	D	0.02%	0.51%	0.02%
CAT	B	0.36%	0.73%	0.36%
CBRE	B	0.03%	0.21%	0.03%
CEG	D	0.02%	0.29%	0.02%
CL	D	0.2%	0.33%	0.2%
COIN	C	0.01%	1.09%	0.01%
COST	B	0.76%	0.92%	0.76%
CTAS	B	0.14%	0.54%	0.14%
CVX	A	0.33%	0.67%	0.33%
DHR	F	0.05%	0.92%	0.05%
DLR	B	0.02%	0.24%	0.02%
DUK	C	0.36%	0.35%	0.35%
EBAY	D	0.01%	0.42%	0.01%
ECL	D	0.01%	0.23%	0.01%
EME	C	0.04%	0.47%	0.04%
EQR	B	0.01%	0.19%	0.01%
ESS	B	0.01%	0.18%	0.01%
EXR	D	0.01%	0.2%	0.01%
FICO	B	0.05%	0.86%	0.05%
FIS	C	0.02%	0.65%	0.02%
GDDY	A	0.25%	0.78%	0.25%
GE	D	0.31%	0.74%	0.31%
GM	B	0.19%	0.5%	0.19%
GOOGL	C	1.07%	3.54%	1.07%
GS	A	0.17%	0.99%	0.17%
HCA	F	0.04%	0.78%	0.04%
HD	A	0.15%	1.08%	0.15%
HIG	B	0.03%	0.67%	0.03%
HOOD	B	0.0%	0.83%	0.0%
HWM	A	0.01%	0.52%	0.01%
IFF	D	0.01%	0.15%	0.01%
IRM	D	0.01%	0.19%	0.01%
ISRG	A	0.25%	1.06%	0.25%
JPM	A	0.6%	1.88%	0.6%
KKR	A	0.02%	0.8%	0.02%
KMB	D	0.11%	0.28%	0.11%
KMI	A	0.04%	0.28%	0.04%
KO	D	0.56%	0.61%	0.56%
LDOS	C	0.01%	0.38%	0.01%
LIN	D	0.06%	0.51%	0.06%
LLY	F	1.14%	1.68%	1.14%
META	D	2.11%	2.39%	2.11%
MO	A	0.04%	0.37%	0.04%
MPWR	F	0.04%	0.56%	0.04%
MSFT	F	2.3%	6.21%	2.3%
MSI	B	0.65%	0.88%	0.65%
NEE	D	0.06%	0.47%	0.06%
NEM	D	0.04%	0.2%	0.04%
NFLX	A	0.54%	0.88%	0.54%
NRG	B	0.02%	0.24%	0.02%
NVDA	C	2.53%	6.97%	2.53%
OKE	A	0.03%	0.3%	0.03%
PEG	A	0.02%	0.28%	0.02%
PG	A	0.95%	0.92%	0.92%
PGR	A	0.35%	0.87%	0.35%
PKG	A	0.04%	0.16%	0.04%
PLTR	B	0.0%	1.3%	0.0%
PM	B	0.07%	0.55%	0.07%
PSA	D	0.09%	0.24%	0.09%
RCL	A	0.01%	0.48%	0.01%
RTX	C	0.09%	0.66%	0.09%
SHW	A	0.14%	0.29%	0.14%
SPG	B	0.02%	0.25%	0.02%
SW	A	0.03%	0.17%	0.03%
SYF	B	0.04%	0.72%	0.04%
T	A	0.39%	0.52%	0.39%
TDG	D	0.01%	0.5%	0.01%
TJX	A	0.35%	0.61%	0.35%
TMUS	B	0.76%	0.45%	0.45%
TPL	A	0.06%	0.24%	0.06%
TRGP	B	0.04%	0.27%	0.04%
TRU	D	0.01%	0.4%	0.01%
TSLA	B	0.16%	2.03%	0.16%
TT	A	0.15%	0.59%	0.15%
TTD	B	0.0%	0.32%	0.0%
UBER	D	0.01%	0.67%	0.01%
URI	B	0.02%	0.5%	0.02%
VRT	B	0.0%	0.51%	0.0%
VST	B	0.01%	0.31%	0.01%
WELL	A	0.02%	0.28%	0.02%
WMB	A	0.19%	0.3%	0.19%
WMT	A	0.76%	0.86%	0.76%
XOM	B	0.47%	1.12%	0.47%

QWLD Overweight 513 Positions Relative to FDMO

Symbol	Grade	Weight
UNH	C	1.35%
V	A	1.21%
JNJ	D	1.1%
CSCO	B	1.03%
GOOG	C	0.94%
NVS	D	0.79%
PEP	F	0.77%
MA	C	0.71%
ACN	C	0.65%
MCK	B	0.58%
VZ	C	0.58%
WM	A	0.52%
MMC	B	0.51%
ROP	B	0.48%
TXN	C	0.48%
RSG	A	0.46%
SO	D	0.46%
IBM	C	0.46%
VRTX	F	0.43%
APH	A	0.43%
MCD	D	0.42%
LMT	D	0.42%
ADBE	C	0.42%
MRK	F	0.42%
COR	B	0.41%
CB	C	0.4%
ED	D	0.35%
GIS	D	0.33%
NOC	D	0.32%
QCOM	F	0.32%
REGN	F	0.31%
KR	B	0.31%
TRV	B	0.3%
AMAT	F	0.29%
WFC	A	0.28%
AZO	C	0.28%
INTU	C	0.27%
UL	D	0.27%
WCN	A	0.27%
ADP	B	0.26%
ACGL	D	0.26%
UNP	C	0.26%
HON	B	0.26%
HSBH	B	0.25%
C	A	0.25%
BLK	C	0.25%
ORCL	B	0.25%
ORLY	B	0.24%
CBOE	B	0.24%
MFG	B	0.24%
GILD	C	0.24%
K	A	0.23%
ELV	F	0.21%
BMY	B	0.21%
EA	A	0.2%
KHC	F	0.2%
WEC	A	0.2%
CTSH	B	0.2%
AJG	B	0.19%
CHD	B	0.19%
GD	F	0.18%
CI	F	0.18%
PFE	D	0.18%
LRCX	F	0.18%
PANW	C	0.18%
KEYS	A	0.17%
CMCSA	B	0.17%
NKE	D	0.17%
AON	A	0.17%
L	A	0.17%
CHKP	D	0.17%
MPC	D	0.17%
HSY	F	0.16%
CVS	D	0.16%
CME	A	0.16%
FFIV	B	0.16%
AMGN	D	0.16%
TM	D	0.15%
TSN	B	0.15%
TGT	F	0.15%
YUM	B	0.15%
UTHR	C	0.15%
BAH	F	0.15%
INCY	C	0.15%
ZTS	D	0.15%
HUM	C	0.15%
CMG	B	0.14%
KDP	D	0.14%
PSX	C	0.14%
VRSN	F	0.14%
BRO	B	0.14%
MMM	D	0.14%
MUFG	B	0.14%
WRB	A	0.14%
MDLZ	F	0.14%
KLAC	D	0.14%
CAH	B	0.13%
MKL	A	0.13%
MCO	B	0.13%
CF	B	0.13%
CDNS	B	0.13%
ITW	B	0.13%
ERIE	D	0.12%
MS	A	0.12%
GEN	B	0.12%
JNPR	F	0.12%
AFL	B	0.12%
SNPS	B	0.12%
TD	F	0.12%
E	F	0.12%
DGX	A	0.11%
NBIX	C	0.11%
AKAM	D	0.11%
PCAR	B	0.11%
CSX	B	0.11%
BCS	C	0.11%
FCNCA	A	0.11%
DEO	F	0.11%
GWW	B	0.11%
PNC	B	0.1%
ADSK	A	0.1%
DIS	B	0.1%
COF	B	0.1%
CMI	A	0.1%
COP	C	0.1%
CNI	D	0.1%
PAYX	C	0.1%
INTC	D	0.1%
SMFG	B	0.1%
DHI	D	0.1%
XEL	A	0.09%
FI	A	0.09%
CPB	D	0.09%
LEN	D	0.09%
FANG	D	0.09%
LYG	F	0.09%
TFC	A	0.09%
AEE	A	0.09%
HRL	D	0.09%
FAST	B	0.09%
USB	A	0.09%
AMP	A	0.09%
ABT	B	0.09%
F	C	0.09%
ALL	A	0.08%
VLO	C	0.08%
AMCR	D	0.08%
ODFL	B	0.08%
PTC	A	0.08%
CPRT	A	0.08%
ROL	B	0.08%
KVUE	A	0.08%
AIZ	A	0.08%
SONY	B	0.08%
STLA	F	0.08%
JKHY	D	0.07%
WBD	C	0.07%
MNST	C	0.07%
HMC	F	0.07%
AIG	B	0.07%
UPS	C	0.07%
EW	C	0.07%
SJM	D	0.07%
BMRN	D	0.07%
CDW	F	0.07%
FDX	B	0.07%
LULU	C	0.07%
BDX	F	0.07%
WTW	B	0.07%
IDXX	F	0.07%
LOW	D	0.07%
TSCO	D	0.06%
MCHP	D	0.06%
LNG	B	0.06%
BBY	D	0.06%
TDY	B	0.06%
CRM	B	0.06%
EOG	A	0.06%
EG	C	0.06%
MDT	D	0.06%
D	C	0.06%
MOH	F	0.06%
TMO	F	0.06%
LOGI	D	0.06%
ROK	B	0.06%
DPZ	C	0.06%
A	D	0.06%
PHM	D	0.06%
ULTA	F	0.06%
DE	A	0.06%
NVR	D	0.06%
BLDR	D	0.05%
VEEV	C	0.05%
LPLA	A	0.05%
MTB	A	0.05%
BTI	B	0.05%
DOV	A	0.05%
VLTO	D	0.05%
ADM	D	0.05%
CNC	D	0.05%
PRU	A	0.05%
DINO	D	0.05%
MT	B	0.05%
CMS	C	0.05%
MET	A	0.05%
DECK	A	0.05%
GPC	D	0.05%
RMD	C	0.05%
TROW	B	0.05%
CHTR	C	0.05%
GRMN	B	0.05%
ADI	D	0.04%
WST	C	0.04%
SPGI	C	0.04%
SNA	A	0.04%
SRE	A	0.04%
HPE	B	0.04%
SBUX	A	0.04%
WBA	F	0.04%
MANH	D	0.04%
EXPD	D	0.04%
CFG	B	0.04%
HUBB	B	0.04%
MU	D	0.04%
WAT	B	0.04%
CAG	D	0.04%
OMC	C	0.04%
CTVA	C	0.04%
SCHW	B	0.04%
HPQ	B	0.04%
BR	A	0.04%
WDAY	B	0.04%
NUE	C	0.04%
DFS	B	0.04%
NTAP	C	0.04%
PLD	D	0.04%
PYPL	B	0.04%
EIX	B	0.03%
DVN	F	0.03%
AVY	D	0.03%
LYB	F	0.03%
SWKS	F	0.03%
IEX	B	0.03%
GGG	B	0.03%
BG	F	0.03%
SYY	B	0.03%
ETR	B	0.03%
BX	A	0.03%
FDS	B	0.03%
POOL	C	0.03%
JBHT	C	0.03%
NSC	B	0.03%
APD	A	0.03%
LNT	A	0.03%
ICE	C	0.03%
PNR	A	0.03%
SOLV	C	0.03%
VTRS	A	0.03%
JCI	C	0.03%
ETN	A	0.03%
EMR	A	0.03%
SLB	C	0.03%
CSL	C	0.03%
HBAN	A	0.03%
SYK	C	0.03%
WSO	A	0.03%
EXC	C	0.03%
OC	A	0.03%
PCG	A	0.03%
STT	A	0.03%
RF	A	0.03%
DRI	B	0.03%
OXY	D	0.03%
AMD	F	0.03%
DOW	F	0.03%
FITB	A	0.03%
WSM	B	0.03%
IT	C	0.03%
ALLY	C	0.02%
EQIX	A	0.02%
KMX	B	0.02%
HAL	C	0.02%
TTC	D	0.02%
NXPI	D	0.02%
MKTX	D	0.02%
ACI	C	0.02%
EQT	B	0.02%
WY	D	0.02%
SQ	B	0.02%
AOS	F	0.02%
GEHC	F	0.02%
APO	B	0.02%
RS	B	0.02%
SEIC	B	0.02%
JBL	B	0.02%
NMR	B	0.02%
NTRS	A	0.02%
ROST	C	0.02%
DTE	C	0.02%
OVV	B	0.02%
AER	B	0.02%
CINF	A	0.02%
MOS	F	0.02%
RJF	A	0.02%
LH	C	0.02%
AFG	A	0.02%
PFG	D	0.02%
CTRA	B	0.02%
PAYC	B	0.02%
VICI	C	0.02%
PH	A	0.02%
GLW	B	0.02%
MRO	B	0.02%
NDSN	B	0.02%
IPG	D	0.02%
GPN	B	0.02%
AMT	D	0.02%
O	D	0.02%
IP	B	0.02%
DD	D	0.02%
DKS	C	0.02%
BKR	B	0.02%
EPAM	C	0.02%
GEV	B	0.02%
ALLE	D	0.02%
STLD	B	0.02%
FCX	D	0.02%
KEY	B	0.02%
LHX	C	0.02%
APA	D	0.02%
TER	D	0.02%
DASH	A	0.01%
CPT	B	0.01%
WTRG	B	0.01%
CTLT	B	0.01%
MGM	D	0.01%
VRSK	A	0.01%
FSLR	F	0.01%
RPRX	D	0.01%
SBAC	D	0.01%
MBAVU	D	0.01%
HST	C	0.01%
EL	F	0.01%
GLPI	C	0.01%
DVA	B	0.01%
RPM	A	0.01%
HII	D	0.01%
TRMB	B	0.01%
FOX	A	0.01%
AVTR	F	0.01%
NWSA	B	0.01%
TTWO	A	0.01%
STE	F	0.01%
SUI	D	0.01%
REG	B	0.01%
CLX	B	0.01%
BURL	A	0.01%
CCL	B	0.01%
MAS	D	0.01%
WPC	D	0.01%
STX	D	0.01%
CE	F	0.01%
MKC	D	0.01%
INVH	D	0.01%
EFX	F	0.01%
TWLO	A	0.01%
HLT	A	0.01%
HSIC	B	0.01%
RVTY	F	0.01%
BEN	C	0.01%
CG	A	0.01%
FTNT	C	0.01%
DOC	D	0.01%
MRNA	F	0.01%
AES	F	0.01%
CCEP	C	0.01%
DAL	C	0.01%
ACM	A	0.01%
XYL	D	0.01%
BXP	D	0.01%
MAA	B	0.01%
ZM	B	0.01%
CHRD	D	0.01%
CCK	C	0.01%
AGCO	D	0.01%
ZBRA	B	0.01%
STZ	D	0.01%
ARE	D	0.01%
BALL	D	0.01%
SSNC	B	0.01%
DLTR	F	0.01%
FTV	C	0.01%
AWK	D	0.01%
CPAY	A	0.01%
LKQ	D	0.01%
WFG	D	0.01%
ABNB	C	0.01%
IR	B	0.01%
SE	B	0.01%
WDC	D	0.01%
EMN	D	0.01%
KNX	B	0.01%
VTR	C	0.01%
HOLX	D	0.01%
TXT	D	0.01%
NDAQ	A	0.01%
OTIS	C	0.01%
VMC	B	0.01%
BSY	D	0.01%
NI	A	0.01%
KIM	A	0.01%
MLM	B	0.01%
ALB	C	0.01%
MRVL	B	0.01%
EXPE	B	0.01%
EQH	B	0.01%
UHS	D	0.01%
IQV	D	0.01%
J	F	0.01%
APTV	D	0.01%
FNF	B	0.01%
PWR	A	0.01%
AVB	B	0.01%
MAR	B	0.01%
ZBH	C	0.01%
CNP	B	0.01%
CRBG	B	0.01%
DELL	C	0.01%
EVRG	A	0.01%
SWK	D	0.01%
CHRW	C	0.01%
ATO	A	0.01%
BIIB	F	0.01%
DG	F	0.01%
AME	A	0.01%
HES	B	0.01%
FOXA	B	0.01%
WAB	B	0.01%
BAX	D	0.01%
MELI	D	0.01%
ON	D	0.01%
TAP	C	0.01%
BA	F	0.01%
FE	C	0.01%
NOW	A	0.01%
PPG	F	0.01%
CCI	D	0.01%
ES	D	0.01%
SMCI	F	0.01%
PPL	B	0.01%
CNH	C	0.01%
PARA	C	0.01%
ENPH	F	0.01%
GLBE	B	0.0%
IOT	A	0.0%
NET	B	0.0%
RBLX	C	0.0%
XRX	F	0.0%
DDOG	A	0.0%
DKNG	B	0.0%
TOST	B	0.0%
SNAP	C	0.0%
H	B	0.0%
PSTG	D	0.0%
FUTU	D	0.0%
HEI	B	0.0%
PINS	D	0.0%
DT	C	0.0%
DAY	B	0.0%
SNOW	C	0.0%
DOCU	A	0.0%
EXAS	D	0.0%
PODD	C	0.0%
GRAB	B	0.0%
TECH	D	0.0%
ROKU	D	0.0%
WYNN	D	0.0%
OKTA	C	0.0%
DXCM	D	0.0%
CRWD	B	0.0%
MSTR	C	0.0%
TYL	B	0.0%
LII	A	0.0%
ELS	C	0.0%
ENTG	D	0.0%
TW	A	0.0%
HEI	B	0.0%
RIVN	F	0.0%
Z	A	0.0%
LUV	C	0.0%
WLK	D	0.0%
MTCH	D	0.0%
LYV	A	0.0%
QGEN	D	0.0%
LW	C	0.0%
BBWI	D	0.0%
MSCI	C	0.0%
CSGP	D	0.0%
AXON	A	0.0%
LVS	C	0.0%
CRL	C	0.0%
BIO	D	0.0%
TFX	F	0.0%
UDR	B	0.0%
ILMN	D	0.0%
QRVO	F	0.0%
OTEX	D	0.0%
ANSS	B	0.0%
AMH	D	0.0%
ALGN	D	0.0%
UHAL	D	0.0%
ARES	A	0.0%
FBIN	D	0.0%

QWLD Underweight 26 Positions Relative to FDMO

Symbol	Grade	Weight
NTRA	B	-0.87%
QTWO	A	-0.78%
CVLT	B	-0.74%
GKOS	B	-0.74%
RVMD	C	-0.73%
THC	D	-0.72%
RNA	D	-0.7%
EVR	B	-0.67%
JXN	C	-0.59%
FIX	A	-0.47%
MLI	C	-0.44%
ZETA	D	-0.43%
DY	D	-0.42%
SN	D	-0.39%
CVNA	B	-0.38%
LUMN	C	-0.32%
FRPT	B	-0.24%
SFM	A	-0.24%
DTM	B	-0.2%
FTI	A	-0.19%
JLL	D	-0.16%
CRS	A	-0.16%
SLG	B	-0.15%
VNO	B	-0.15%
LPX	B	-0.15%
ATI	D	-0.14%