RAFE vs. FDRR ETF Comparison

Comparison of PIMCO RAFI ESG U.S. ETF (RAFE) to Fidelity Dividend ETF for Rising Rates (FDRR)

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$36.66

Average Daily Volume

4,589

Number of Holdings ^*

234

* may have additional holdings in another (foreign) market

FDRR

Fidelity Dividend ETF for Rising Rates

FDRR Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates. Normally investing at least 80% of assets in securities included in the Fidelity Dividend Index for Rising Rates and in depository receipts representing securities included in the index. The Fidelity Dividend Index for Rising Rates 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 and have a positive correlation of returns to increasing 10-year U.S. Treasury yields.

Grade (RS Rating)

Last Trade

$51.06

Average Daily Volume

20,802

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	RAFE	FDRR
30 Days	0.62%	0.50%
60 Days	6.42%	7.02%
90 Days	4.36%	5.20%
12 Months	29.61%	33.63%

56 Overlapping Holdings

Symbol	Grade	Weight in RAFE	Weight in FDRR	Overlap
AAPL	C	5.25%	7.36%	5.25%
ABBV	A	1.43%	1.45%	1.43%
APD	C	0.31%	0.27%	0.27%
AVGO	C	1.08%	2.77%	1.08%
BAC	D	0.59%	1.2%	0.59%
BBY	B	0.45%	0.76%	0.45%
BMY	B	1.37%	0.92%	0.92%
C	B	2.37%	0.86%	0.86%
CCI	C	0.25%	0.28%	0.25%
CMCSA	B	1.21%	0.72%	0.72%
CSCO	A	2.21%	1.35%	1.35%
CVS	D	0.35%	0.69%	0.35%
DE	A	0.45%	0.7%	0.45%
DELL	C	0.1%	1.3%	0.1%
DOW	B	0.5%	0.2%	0.2%
EA	D	0.21%	0.54%	0.21%
EIX	A	0.2%	0.25%	0.2%
F	D	0.88%	0.57%	0.57%
FOXA	A	0.12%	0.64%	0.12%
GM	D	1.46%	0.8%	0.8%
GS	C	0.65%	1.07%	0.65%
HD	A	1.42%	1.36%	1.36%
HPQ	C	0.57%	1.18%	0.57%
IBM	B	1.55%	1.45%	1.45%
IFF	C	0.12%	0.21%	0.12%
IP	C	0.29%	0.21%	0.21%
JNJ	D	2.72%	1.45%	1.45%
JPM	D	2.88%	1.87%	1.87%
KO	C	0.93%	0.96%	0.93%
LIN	B	1.0%	0.59%	0.59%
LLY	D	0.68%	2.36%	0.68%
LOW	A	0.95%	0.95%	0.95%
MAR	B	0.2%	0.67%	0.2%
MOS	D	0.15%	0.12%	0.12%
MRK	F	1.63%	1.18%	1.18%
MSFT	D	4.8%	6.97%	4.8%
NEM	C	0.48%	0.32%	0.32%
NKE	D	0.47%	0.67%	0.47%
NVDA	C	0.77%	7.36%	0.77%
NWSA	D	0.04%	0.53%	0.04%
OMC	C	0.12%	0.56%	0.12%
PARA	F	0.17%	0.34%	0.17%
PEP	D	0.25%	0.81%	0.25%
PFE	D	2.17%	1.06%	1.06%
PG	C	2.36%	1.17%	1.17%
PLD	D	0.07%	0.39%	0.07%
T	A	1.85%	0.85%	0.85%
TJX	C	0.4%	0.92%	0.4%
TXN	C	0.69%	1.51%	0.69%
UNH	B	0.47%	1.79%	0.47%
UPS	D	0.43%	0.61%	0.43%
V	C	0.77%	1.4%	0.77%
VZ	A	1.46%	0.84%	0.84%
WBA	F	0.07%	0.15%	0.07%
WFC	D	1.71%	1.02%	1.02%
WY	B	0.23%	0.23%	0.23%

RAFE Overweight 178 Positions Relative to FDRR

Symbol	Grade	Weight
INTC	D	2.25%
QCOM	D	1.33%
ORCL	B	1.2%
CI	D	1.17%
META	A	0.99%
ELV	F	0.98%
AMGN	D	0.98%
TGT	C	0.95%
MMM	C	0.93%
ABT	B	0.92%
DIS	D	0.81%
MU	D	0.76%
AMAT	B	0.76%
ACN	B	0.75%
GILD	A	0.74%
MA	A	0.6%
MET	A	0.56%
BLK	A	0.53%
ADBE	F	0.53%
HPE	B	0.52%
DD	B	0.51%
AXP	A	0.48%
LRCX	D	0.47%
ALL	B	0.46%
PYPL	C	0.46%
DHR	C	0.43%
PRU	C	0.42%
JCI	B	0.4%
CRM	B	0.38%
HUM	F	0.37%
EBAY	A	0.35%
CL	D	0.34%
ADP	A	0.34%
TMUS	A	0.33%
FDX	D	0.33%
WM	B	0.33%
CARR	A	0.32%
ADI	C	0.32%
GIS	C	0.31%
ADM	D	0.3%
TSLA	C	0.3%
WDC	C	0.3%
BDX	B	0.28%
FIS	C	0.28%
CBRE	A	0.28%
BIIB	F	0.27%
MDLZ	C	0.27%
MCK	F	0.27%
GEHC	C	0.25%
WELL	C	0.25%
KMB	B	0.25%
ITW	A	0.24%
NTAP	D	0.23%
HIG	A	0.22%
CAH	B	0.22%
ECL	B	0.22%
PGR	C	0.21%
KLAC	B	0.21%
STT	C	0.2%
SYY	B	0.2%
EQIX	B	0.19%
VTR	C	0.19%
JLL	B	0.18%
AMT	C	0.18%
KHC	D	0.18%
JNPR	B	0.17%
AMP	A	0.17%
BAX	D	0.17%
PPG	D	0.17%
OC	C	0.16%
IRM	A	0.16%
LUMN	C	0.16%
MSI	A	0.16%
WHR	B	0.16%
PFG	C	0.16%
BK	C	0.15%
CMI	B	0.15%
EL	D	0.14%
ARW	C	0.14%
A	B	0.14%
CNC	F	0.14%
K	B	0.14%
VFC	B	0.14%
CTSH	B	0.14%
BALL	C	0.14%
DVA	C	0.14%
ZTS	C	0.13%
SHW	B	0.13%
GWW	A	0.13%
AVB	C	0.13%
KDP	C	0.13%
KSS	D	0.13%
DG	F	0.13%
EQR	C	0.13%
MCO	D	0.13%
CF	A	0.12%
EW	F	0.12%
PKG	C	0.11%
SWK	A	0.11%
HLT	A	0.11%
AWK	B	0.11%
CDNS	D	0.1%
FITB	C	0.1%
TER	C	0.1%
CDW	D	0.1%
ISRG	A	0.1%
TPR	B	0.1%
SPGI	C	0.09%
MRVL	C	0.09%
HOLX	D	0.09%
HCA	B	0.09%
GAP	F	0.09%
PVH	F	0.09%
TSCO	A	0.09%
SYK	C	0.09%
HST	D	0.09%
OTIS	A	0.09%
LEA	F	0.08%
SJM	C	0.08%
PAYX	A	0.08%
BSX	A	0.08%
ON	F	0.08%
KEYS	B	0.08%
WAT	B	0.08%
TROW	D	0.07%
AKAM	D	0.07%
HUN	B	0.07%
CAG	D	0.07%
USFD	C	0.07%
DOX	B	0.07%
FAST	B	0.07%
LKQ	F	0.07%
SOLV	C	0.07%
GPC	D	0.07%
AVT	C	0.07%
ILMN	B	0.06%
NFLX	A	0.06%
AMD	D	0.06%
MCHP	F	0.06%
LNC	D	0.06%
MAA	C	0.06%
VTRS	D	0.06%
SNPS	F	0.06%
GT	F	0.05%
WAB	A	0.05%
HSIC	D	0.05%
XRX	D	0.05%
CPB	D	0.05%
FL	F	0.05%
DGX	B	0.05%
NTRS	C	0.05%
CHD	C	0.05%
DXC	D	0.05%
HSY	D	0.05%
TSN	D	0.05%
ESS	C	0.04%
KD	F	0.04%
OGN	F	0.04%
ROK	D	0.04%
CTVA	A	0.04%
DOV	C	0.04%
MHK	B	0.04%
EQH	C	0.04%
HAS	A	0.04%
MAN	D	0.03%
NWL	D	0.03%
FLEX	C	0.03%
NDAQ	C	0.03%
AAP	F	0.03%
KIM	C	0.03%
AGCO	D	0.03%
RSG	D	0.03%
WU	D	0.03%
ANET	A	0.02%
O	A	0.02%
ORLY	A	0.02%
M	F	0.02%
HRL	F	0.01%

RAFE Underweight 45 Positions Relative to FDRR

Symbol	Grade	Weight
XOM	A	-1.09%
GE	C	-1.05%
CAT	A	-0.97%
MCD	A	-0.96%
BX	C	-0.95%
MS	B	-0.94%
RTX	A	-0.94%
LMT	A	-0.88%
PNC	C	-0.88%
PM	C	-0.84%
USB	C	-0.79%
TFC	D	-0.78%
CME	A	-0.77%
SBUX	B	-0.76%
UNP	D	-0.76%
HON	C	-0.75%
CVX	B	-0.67%
TKO	A	-0.67%
MO	D	-0.63%
PCAR	D	-0.56%
NYT	A	-0.54%
NEE	A	-0.54%
IPG	C	-0.46%
NXST	D	-0.45%
COP	D	-0.42%
WMG	D	-0.4%
TRGP	B	-0.39%
SO	A	-0.38%
DUK	A	-0.35%
GEV	B	-0.35%
EOG	B	-0.34%
PSA	C	-0.33%
SPG	A	-0.32%
FCX	B	-0.29%
AEP	C	-0.29%
D	A	-0.28%
OHI	C	-0.27%
VICI	C	-0.26%
EXC	A	-0.25%
DVN	F	-0.23%
GLPI	A	-0.22%
WPC	C	-0.21%
AMCR	B	-0.18%
LYB	D	-0.17%
CIVI	F	-0.16%