SPGP vs. FVAL ETF Comparison

Comparison of Invesco S&P 500 GARP ETF (SPGP) to Fidelity Value Factor ETF (FVAL)

SPGP

Invesco S&P 500 GARP ETF

SPGP Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 GARP Index (the "underlying index"). 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, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 75 growth stocks in the S&P 500 that exhibit quality characteristics and have attractive valuation.

Grade (RS Rating)

Last Trade

$111.19

Average Daily Volume

231,624

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FVAL

Fidelity Value Factor ETF

FVAL Description

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

Grade (RS Rating)

Last Trade

$63.26

Average Daily Volume

81,569

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	SPGP	FVAL
30 Days	6.49%	3.33%
60 Days	7.07%	5.59%
90 Days	7.20%	6.82%
12 Months	21.29%	28.35%

27 Overlapping Holdings

Symbol	Grade	Weight in SPGP	Weight in FVAL	Overlap
AAPL	C	0.87%	6.68%	0.87%
ADM	D	0.7%	0.35%	0.35%
BRK.A	B	1.1%	2.07%	1.1%
CAT	B	1.33%	0.77%	0.77%
CF	B	1.48%	0.18%	0.18%
COF	B	1.36%	0.72%	0.72%
COP	C	1.94%	0.4%	0.4%
CVX	A	1.62%	0.67%	0.67%
DAL	C	2.35%	0.64%	0.64%
DE	A	1.34%	0.59%	0.59%
DFS	B	1.82%	0.68%	0.68%
DVN	F	0.96%	0.18%	0.18%
EG	C	0.99%	0.5%	0.5%
EOG	A	2.32%	0.31%	0.31%
HPE	B	0.83%	0.81%	0.81%
META	D	1.04%	2.55%	1.04%
MOS	F	0.98%	0.13%	0.13%
MPC	D	1.83%	0.24%	0.24%
NUE	C	1.56%	0.19%	0.19%
NVDA	C	2.53%	7.33%	2.53%
PCAR	B	1.33%	0.53%	0.53%
STLD	B	2.05%	0.18%	0.18%
SYF	B	1.63%	0.67%	0.67%
UAL	A	3.16%	0.84%	0.84%
V	A	0.92%	1.44%	0.92%
VLO	C	1.97%	0.22%	0.22%
XOM	B	1.45%	1.14%	1.14%

SPGP Overweight 47 Positions Relative to FVAL

Symbol	Grade	Weight
ANET	C	2.03%
TJX	A	1.97%
PAYC	B	1.93%
MRO	B	1.83%
ROST	C	1.69%
OKE	A	1.67%
ULTA	F	1.64%
JBL	B	1.59%
PANW	C	1.57%
LULU	C	1.52%
BLDR	D	1.52%
FANG	D	1.51%
PSX	C	1.44%
TPR	B	1.38%
CTRA	B	1.35%
NXPI	D	1.32%
IT	C	1.31%
GPC	D	1.28%
DHI	D	1.26%
SYY	B	1.24%
PHM	D	1.18%
ACGL	D	1.16%
MA	C	1.16%
GWW	B	1.13%
L	A	1.13%
AMP	A	1.12%
APA	D	1.11%
DECK	A	1.1%
ODFL	B	1.09%
ON	D	1.09%
INCY	C	1.09%
WRB	A	1.04%
MOH	F	1.03%
KLAC	D	1.03%
GOOG	C	1.03%
CPRT	A	1.0%
LEN	D	0.98%
CB	C	0.95%
MLM	B	0.83%
HAL	C	0.82%
VRTX	F	0.81%
LRCX	F	0.8%
OXY	D	0.79%
LW	C	0.76%
AMAT	F	0.75%
MCHP	D	0.65%
CE	F	0.57%

SPGP Underweight 97 Positions Relative to FVAL

Symbol	Grade	Weight
MSFT	F	-6.37%
AMZN	C	-3.88%
GOOGL	C	-3.72%
JPM	A	-1.84%
UNH	C	-1.69%
CRM	B	-1.46%
JNJ	D	-1.31%
HD	A	-1.22%
ACN	C	-1.15%
BAC	A	-1.13%
ABBV	D	-1.11%
IBM	C	-1.09%
WFC	A	-1.08%
PG	A	-1.08%
WMT	A	-1.07%
MRK	F	-1.01%
QCOM	F	-1.0%
BMY	B	-0.98%
ZM	B	-0.98%
GILD	C	-0.97%
BKNG	A	-0.87%
MU	D	-0.85%
MCD	D	-0.84%
AXP	A	-0.83%
CI	F	-0.81%
INTC	D	-0.77%
CTSH	B	-0.76%
C	A	-0.74%
CVS	D	-0.71%
TRV	B	-0.68%
HON	B	-0.68%
ELV	F	-0.67%
GM	B	-0.67%
EXPE	B	-0.66%
ADP	B	-0.64%
T	A	-0.62%
CMCSA	B	-0.61%
VZ	C	-0.61%
RPRX	D	-0.61%
UNP	C	-0.61%
SWKS	F	-0.56%
JXN	C	-0.56%
LMT	D	-0.56%
PRU	A	-0.56%
LVS	C	-0.55%
UPS	C	-0.55%
MO	A	-0.55%
CNC	D	-0.54%
RNR	C	-0.54%
LIN	D	-0.53%
KVUE	A	-0.52%
CMI	A	-0.52%
F	C	-0.51%
OZK	B	-0.51%
EBAY	D	-0.51%
WYNN	D	-0.5%
MMM	D	-0.5%
G	B	-0.49%
TGT	F	-0.48%
FDX	B	-0.48%
NEE	D	-0.46%
RHI	B	-0.44%
KR	B	-0.43%
OC	A	-0.42%
KMB	D	-0.41%
M	D	-0.39%
AGCO	D	-0.38%
ACI	C	-0.34%
DUK	C	-0.34%
PLD	D	-0.32%
BG	F	-0.32%
PCG	A	-0.29%
PARA	C	-0.28%
SPG	B	-0.27%
EXC	C	-0.26%
ATKR	C	-0.26%
NRG	B	-0.26%
AEP	D	-0.26%
PSA	D	-0.25%
FCX	D	-0.24%
O	D	-0.23%
CBRE	B	-0.23%
NFG	A	-0.2%
VICI	C	-0.2%
NEM	D	-0.19%
BXP	D	-0.18%
UGI	A	-0.18%
HST	C	-0.17%
JLL	D	-0.17%
WPC	D	-0.16%
ARE	D	-0.16%
GLPI	C	-0.16%
DOW	F	-0.16%
LYB	F	-0.15%
CIVI	D	-0.13%
MUR	D	-0.13%
CLF	F	-0.11%