RPV vs. FHEQ ETF Comparison

Comparison of Guggenheim S&P 500 Pure Value ETF (RPV) to Fidelity Hedged Equity ETF (FHEQ)

RPV

Guggenheim S&P 500 Pure Value ETF

RPV Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P 500 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$94.46

Average Daily Volume

138,553

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$28.03

Average Daily Volume

22,106

Number of Holdings ^*

169

* may have additional holdings in another (foreign) market

Performance

Period	RPV	FHEQ
30 Days	4.89%	1.67%
60 Days	8.98%	5.89%
90 Days	11.00%	6.98%
12 Months	30.38%

19 Overlapping Holdings

Symbol	Grade	Weight in RPV	Weight in FHEQ	Overlap
ALL	A	0.56%	0.07%	0.07%
BAC	A	1.07%	1.13%	1.07%
BK	B	1.05%	0.35%	0.35%
BRK.A	B	3.66%	2.12%	2.12%
C	A	2.18%	0.53%	0.53%
CAH	A	1.21%	0.42%	0.42%
CI	D	1.25%	0.65%	0.65%
CINF	A	0.61%	0.12%	0.12%
CNC	F	1.39%	0.06%	0.06%
CVS	F	1.51%	0.21%	0.21%
CVX	B	0.44%	0.02%	0.02%
F	C	2.24%	0.14%	0.14%
IFF	F	0.66%	0.05%	0.05%
KR	A	1.91%	0.11%	0.11%
L	A	1.02%	0.07%	0.07%
T	A	0.88%	0.63%	0.63%
TRV	B	0.54%	0.52%	0.52%
UHS	D	1.16%	0.08%	0.08%
VZ	C	0.55%	0.2%	0.2%

RPV Overweight 74 Positions Relative to FHEQ

Symbol	Grade	Weight
GM	A	4.72%
UAL	B	3.77%
VTRS	B	2.41%
MHK	D	2.41%
CFG	B	2.1%
TSN	C	2.05%
IVZ	C	1.89%
PARA	C	1.88%
VLO	D	1.71%
SW	C	1.56%
IP	C	1.52%
COF	B	1.52%
MCK	A	1.5%
SYF	B	1.49%
BG	D	1.49%
KMX	C	1.48%
NRG	B	1.47%
HPE	B	1.43%
WBD	B	1.38%
COR	A	1.38%
TFC	B	1.37%
PSX	D	1.36%
MTB	B	1.29%
BWA	B	1.23%
BBY	D	1.16%
WFC	A	1.11%
PRU	B	1.03%
LUV	B	1.03%
HBAN	B	0.99%
KEY	B	0.94%
AIG	B	0.93%
RF	B	0.92%
STT	B	0.91%
WBA	D	0.85%
GS	B	0.85%
ADM	F	0.84%
MOS	D	0.83%
KHC	F	0.82%
TAP	B	0.75%
HIG	C	0.73%
MET	C	0.68%
FITB	A	0.67%
PNC	B	0.67%
AIZ	A	0.64%
KMI	B	0.63%
BEN	C	0.6%
FOXA	A	0.58%
EQT	B	0.57%
EVRG	A	0.57%
SWK	F	0.56%
PNW	B	0.55%
USB	A	0.55%
CHRW	A	0.54%
EMN	D	0.53%
HPQ	B	0.52%
CTVA	C	0.52%
TGT	C	0.52%
DOW	F	0.5%
CAG	F	0.5%
FDX	B	0.5%
SYY	B	0.49%
EG	D	0.49%
PFG	C	0.49%
ES	D	0.46%
ARE	F	0.45%
HSIC	F	0.45%
LYB	F	0.43%
ELV	F	0.43%
NWSA	B	0.42%
LKQ	D	0.37%
ALB	B	0.37%
FOX	A	0.29%
HUM	D	0.27%
NWS	B	0.14%

RPV Underweight 150 Positions Relative to FHEQ

Symbol	Grade	Weight
NVDA	B	-7.54%
AAPL	C	-7.05%
MSFT	C	-5.62%
AMZN	A	-3.61%
META	B	-2.96%
GOOGL	B	-2.05%
GOOG	B	-1.98%
JPM	B	-1.75%
AVGO	C	-1.73%
XOM	B	-1.51%
MA	B	-1.33%
HD	B	-1.27%
CRM	B	-1.23%
NFLX	A	-1.21%
TSLA	B	-1.15%
ABBV	D	-1.0%
ADBE	C	-0.96%
PM	C	-0.85%
LLY	F	-0.84%
CMCSA	B	-0.83%
QCOM	F	-0.82%
PG	C	-0.82%
CSCO	A	-0.8%
WMT	A	-0.79%
GILD	C	-0.77%
BMY	B	-0.77%
AMAT	F	-0.75%
LMT	C	-0.73%
UNP	C	-0.73%
TJX	B	-0.72%
NEE	D	-0.69%
TT	A	-0.68%
CTAS	A	-0.67%
MRK	F	-0.66%
PGR	A	-0.64%
ECL	C	-0.61%
SQ	B	-0.6%
BDX	D	-0.59%
JNJ	D	-0.59%
NOC	C	-0.59%
CSX	B	-0.58%
UNH	B	-0.58%
PFE	F	-0.58%
KLAC	F	-0.57%
ZM	B	-0.57%
CL	F	-0.55%
CMG	B	-0.55%
SEIC	A	-0.54%
PYPL	A	-0.54%
SCHW	A	-0.53%
DBX	B	-0.53%
MU	D	-0.53%
MMC	C	-0.52%
DVN	F	-0.51%
CVNA	B	-0.51%
EXEL	B	-0.5%
TXT	C	-0.49%
IGT	D	-0.49%
MSCI	B	-0.49%
CAT	C	-0.48%
ZBRA	A	-0.48%
V	A	-0.46%
RTX	C	-0.45%
COST	B	-0.45%
GE	C	-0.45%
PCAR	B	-0.43%
DIS	B	-0.42%
AXP	B	-0.42%
SPGI	C	-0.41%
ALLE	D	-0.4%
LDOS	B	-0.39%
WM	A	-0.38%
CACI	C	-0.37%
CME	A	-0.36%
MEDP	C	-0.35%
TDC	D	-0.34%
NOW	A	-0.34%
NUE	C	-0.33%
ANF	D	-0.33%
PPG	F	-0.32%
WTW	A	-0.31%
GRMN	A	-0.31%
SKYW	B	-0.3%
TMO	F	-0.28%
INCY	B	-0.28%
HWM	A	-0.27%
EOG	A	-0.27%
AMGN	F	-0.26%
ALRM	C	-0.26%
NSC	B	-0.26%
LRCX	F	-0.24%
MSI	B	-0.24%
MMM	C	-0.22%
BIIB	F	-0.22%
TROW	B	-0.22%
LHX	A	-0.21%
AMT	F	-0.21%
GL	B	-0.2%
DOCU	B	-0.2%
XEL	A	-0.2%
CLX	A	-0.19%
GAP	B	-0.18%
IDXX	D	-0.18%
HLT	A	-0.18%
PSA	C	-0.18%
LNW	F	-0.18%
PEGA	A	-0.17%
GEHC	F	-0.17%
FTI	B	-0.17%
MS	A	-0.16%
ADP	A	-0.16%
WDAY	B	-0.16%
TPH	D	-0.15%
MGM	D	-0.15%
ETN	A	-0.15%
SPG	B	-0.15%
UBER	F	-0.14%
FTNT	B	-0.14%
SOLV	D	-0.13%
VEEV	B	-0.13%
GEN	A	-0.13%
BAH	C	-0.12%
DASH	A	-0.12%
QRVO	F	-0.11%
NBIX	C	-0.11%
ROST	F	-0.1%
AME	A	-0.1%
VST	B	-0.1%
PLTK	B	-0.1%
ANET	C	-0.08%
DOC	C	-0.08%
LYFT	B	-0.07%
BCC	B	-0.07%
TMUS	A	-0.07%
MDLZ	F	-0.07%
BBWI	C	-0.07%
UTHR	B	-0.06%
CRUS	F	-0.06%
CCL	A	-0.05%
STLD	B	-0.05%
ORCL	A	-0.04%
RSG	A	-0.04%
SCCO	F	-0.04%
ED	D	-0.04%
LPLA	B	-0.03%
MHO	D	-0.02%
TWLO	A	-0.02%
UNM	A	-0.01%
NWL	B	-0.01%
OGE	B	-0.01%