SVAL vs. FESM ETF Comparison

Comparison of iShares US Small Cap Value Factor ETF (SVAL) to Fidelity Enhanced Small Cap ETF (FESM)

SVAL

iShares US Small Cap Value Factor ETF

SVAL Description

The investment seeks to track the investment results of the Russell 2000 Focused Value Select Index composed of U.S. small-capitalization stocks with prominent value characteristics. The index measures the performance of small-capitalization U.S. companies with prominent value factor characteristics, as determined by the index provider. The fund generally will invest at least 80% of its assets in the component securities and other instruments of the index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents.

Grade (RS Rating)

Last Trade

$34.51

Average Daily Volume

30,779

Number of Holdings ^*

228

* may have additional holdings in another (foreign) market

FESM

Fidelity Enhanced Small Cap ETF

FESM Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 2000® Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$33.98

Average Daily Volume

115,795

Number of Holdings ^*

562

* may have additional holdings in another (foreign) market

Performance

Period	SVAL	FESM
30 Days	4.77%	3.38%
60 Days	6.05%	5.43%
90 Days	9.66%	8.64%
12 Months	25.45%	35.92%

72 Overlapping Holdings

Symbol	Grade	Weight in SVAL	Weight in FESM	Overlap
ABCB	B	0.0%	0.36%	0.0%
AEO	F	0.36%	0.5%	0.36%
ALE	A	0.39%	0.1%	0.1%
AOSL	C	0.33%	0.04%	0.04%
AUB	B	0.0%	0.1%	0.0%
AX	B	0.0%	0.29%	0.0%
BCC	C	0.44%	0.16%	0.16%
BHLB	B	0.0%	0.03%	0.0%
BUSE	B	0.45%	0.23%	0.23%
BY	B	0.52%	0.05%	0.05%
CADE	B	0.0%	0.18%	0.0%
CALM	A	0.61%	0.22%	0.22%
CATY	B	0.0%	0.08%	0.0%
CEIX	A	0.38%	0.25%	0.25%
CNO	B	0.52%	0.27%	0.27%
CPF	B	0.0%	0.23%	0.0%
CRC	A	0.34%	0.22%	0.22%
CTBI	B	0.56%	0.07%	0.07%
CVBF	B	0.43%	0.05%	0.05%
DEA	D	0.35%	0.08%	0.08%
DK	D	0.22%	0.12%	0.12%
ETD	D	0.32%	0.14%	0.14%
FBK	B	0.64%	0.06%	0.06%
FBP	B	0.0%	0.28%	0.0%
FCF	B	0.0%	0.02%	0.0%
FDP	B	0.42%	0.08%	0.08%
FFBC	B	0.0%	0.1%	0.0%
FRME	B	0.51%	0.18%	0.18%
FULT	B	0.0%	0.19%	0.0%
GHC	B	0.52%	0.14%	0.14%
HP	C	0.26%	0.25%	0.25%
HWC	B	0.52%	0.22%	0.22%
INDB	B	0.0%	0.1%	0.0%
KBH	D	0.55%	0.2%	0.2%
MATX	B	0.6%	0.32%	0.32%
MED	F	0.08%	0.03%	0.03%
MHO	D	0.6%	0.59%	0.59%
MTH	D	0.48%	0.3%	0.3%
MUR	F	0.24%	0.19%	0.19%
NBTB	B	0.0%	0.07%	0.0%
NFBK	B	0.46%	0.15%	0.15%
NMIH	D	0.45%	0.33%	0.33%
NWBI	B	0.0%	0.57%	0.0%
ODP	F	0.18%	0.09%	0.09%
OFG	B	0.0%	0.15%	0.0%
OIS	C	0.21%	0.05%	0.05%
PFS	B	0.0%	0.31%	0.0%
PGC	A	0.46%	0.07%	0.07%
PRG	C	0.47%	0.54%	0.47%
REPX	A	0.35%	0.12%	0.12%
REZI	A	0.52%	0.46%	0.46%
RNST	B	0.0%	0.22%	0.0%
SCS	B	0.39%	0.08%	0.08%
SKYW	B	0.86%	0.69%	0.69%
SRCE	B	0.51%	0.13%	0.13%
STBA	B	0.0%	0.03%	0.0%
STNG	D	0.33%	0.15%	0.15%
SXC	A	0.39%	0.28%	0.28%
TCBK	B	0.48%	0.02%	0.02%
TILE	B	0.84%	0.22%	0.22%
TMHC	B	0.54%	0.47%	0.47%
TPH	D	0.5%	0.34%	0.34%
UBSI	B	0.49%	0.19%	0.19%
UFPI	C	0.42%	0.03%	0.03%
UMBF	B	0.64%	0.34%	0.34%
UVE	A	0.52%	0.04%	0.04%
UVSP	B	0.58%	0.03%	0.03%
VBTX	B	0.0%	0.09%	0.0%
WABC	B	0.0%	0.21%	0.0%
WKC	D	0.4%	0.14%	0.14%
WS	B	0.23%	0.13%	0.13%
XRX	F	0.17%	0.18%	0.17%

SVAL Overweight 156 Positions Relative to FESM

Symbol	Grade	Weight
EBC	B	0.96%
LC	B	0.81%
ARIS	B	0.8%
MLI	B	0.78%
HTLF	B	0.73%
GBCI	B	0.64%
CXW	B	0.62%
QCRH	B	0.61%
HSII	B	0.6%
TTMI	B	0.6%
SASR	B	0.58%
PATK	D	0.57%
CCB	A	0.56%
SEI	A	0.56%
HBNC	B	0.56%
LOB	C	0.55%
GABC	B	0.55%
CNX	A	0.55%
AKR	A	0.55%
PFC	B	0.54%
DCOM	A	0.54%
STGW	B	0.52%
NIC	B	0.52%
KFY	B	0.52%
ASB	B	0.51%
GMS	B	0.51%
FMBH	B	0.51%
EFSC	B	0.51%
JAKK	C	0.5%
CNOB	B	0.5%
TOWN	B	0.5%
HOPE	B	0.49%
ONB	B	0.49%
TCBI	B	0.49%
UNFI	B	0.49%
TMP	B	0.49%
HOMB	A	0.48%
THFF	B	0.48%
BXC	B	0.48%
INVA	C	0.48%
WASH	B	0.48%
SPNT	A	0.47%
MCS	B	0.47%
AVNT	B	0.47%
MBIN	F	0.47%
STEL	B	0.46%
CFFN	B	0.46%
WAFD	B	0.46%
RDN	D	0.45%
BZH	C	0.45%
LZB	B	0.45%
PEBO	B	0.45%
NTB	B	0.45%
FFIC	B	0.44%
CVLG	B	0.44%
SIG	C	0.44%
OSBC	B	0.44%
CCS	F	0.43%
BANC	B	0.43%
VSTO	A	0.43%
FIBK	B	0.43%
ESGR	B	0.43%
AMWD	C	0.42%
HCC	B	0.42%
ACT	D	0.41%
HTBK	B	0.41%
HUBG	A	0.41%
SBSI	B	0.4%
MGY	A	0.39%
OBK	B	0.39%
EGY	F	0.39%
VLY	B	0.38%
MD	C	0.38%
ESNT	D	0.38%
BNL	D	0.38%
METC	C	0.37%
ABG	B	0.37%
HTH	B	0.37%
NWE	C	0.37%
ARCB	C	0.36%
FOR	F	0.36%
SM	C	0.36%
MNRO	C	0.35%
JBGS	F	0.35%
NX	C	0.35%
WERN	B	0.34%
ATSG	A	0.34%
CAL	F	0.34%
GEF	B	0.33%
NOG	B	0.33%
APLE	B	0.33%
WGO	D	0.33%
LCII	D	0.32%
MLKN	F	0.32%
RLJ	C	0.32%
INSW	F	0.31%
ARCH	B	0.31%
ASIX	C	0.31%
LPG	F	0.31%
ARKO	D	0.3%
AMR	C	0.3%
ANDE	F	0.3%
RMR	F	0.3%
WNC	D	0.3%
HNRG	B	0.3%
IIIN	D	0.3%
HTLD	B	0.28%
SPTN	F	0.27%
KELYA	F	0.27%
LXU	C	0.27%
RYI	C	0.27%
HPK	C	0.27%
REI	F	0.26%
THRY	F	0.24%
CLW	F	0.23%
TALO	C	0.23%
FLGT	F	0.22%
MTUS	D	0.22%
VSH	F	0.21%
WOR	F	0.21%
ATKR	D	0.2%
TH	C	0.19%
CMT	F	0.19%
PTEN	C	0.19%
BRY	F	0.18%
CVI	D	0.18%
RGP	F	0.18%
DAN	F	0.18%
TWI	F	0.17%
TBI	F	0.16%
PARR	F	0.16%
HDSN	F	0.15%
CVGI	F	0.11%
BOOM	F	0.11%
JRVR	F	0.1%
DTC	F	0.07%
GDOT	D	0.0%
PRDO	B	0.0%
CASH	B	0.0%
PPBI	B	0.0%
EIG	B	0.0%
EGBN	B	0.0%
TRST	B	0.0%
SBCF	B	0.0%
HMN	B	0.0%
BRKL	B	0.0%
SFNC	B	0.0%
HAFC	B	0.0%
PFBC	B	0.0%
WSFS	B	0.0%
HFWA	B	0.0%
NBHC	B	0.0%
STC	B	0.0%
FBNC	B	0.0%
BANR	B	0.0%
TRMK	B	0.0%

SVAL Underweight 490 Positions Relative to FESM

Symbol	Grade	Weight
SFM	A	-0.97%
LUMN	C	-0.86%
CRS	A	-0.81%
QTWO	B	-0.8%
CVLT	B	-0.77%
ANF	C	-0.74%
FN	B	-0.74%
SPSC	F	-0.72%
BGC	C	-0.66%
PAYO	A	-0.65%
JXN	C	-0.64%
ENS	D	-0.61%
MWA	B	-0.6%
CSGS	B	-0.59%
YELP	C	-0.58%
CRGY	A	-0.58%
COMP	B	-0.58%
IBP	F	-0.57%
QLYS	C	-0.56%
MTX	C	-0.56%
EME	A	-0.55%
CVNA	A	-0.55%
FIX	A	-0.55%
EXLS	B	-0.54%
HWKN	B	-0.53%
OUT	A	-0.53%
LKFN	B	-0.52%
FUL	F	-0.52%
WT	A	-0.51%
MTDR	C	-0.51%
VMEO	C	-0.51%
LMND	A	-0.51%
FHI	B	-0.5%
UPBD	C	-0.5%
FLR	B	-0.5%
AIR	B	-0.49%
IGT	F	-0.49%
MXL	C	-0.48%
AIT	B	-0.47%
ITRI	B	-0.47%
LANC	D	-0.45%
SIGI	B	-0.44%
CODI	B	-0.44%
BANF	B	-0.43%
INSM	C	-0.42%
BHE	B	-0.41%
BMI	C	-0.4%
MMSI	A	-0.4%
GT	C	-0.39%
WTS	B	-0.39%
CMPR	F	-0.39%
AROC	A	-0.39%
SANM	B	-0.39%
APOG	B	-0.38%
ACA	A	-0.37%
UCTT	F	-0.37%
CBU	B	-0.37%
AAT	A	-0.36%
CRDO	B	-0.36%
BAND	D	-0.36%
PCVX	D	-0.36%
TENB	D	-0.36%
GH	B	-0.35%
CNMD	C	-0.35%
CECO	C	-0.35%
FFIN	B	-0.35%
VICR	C	-0.35%
TEX	D	-0.34%
PECO	A	-0.34%
ESRT	C	-0.34%
BBSI	B	-0.33%
GNW	A	-0.33%
YOU	D	-0.32%
SF	B	-0.32%
SXT	C	-0.32%
ATI	C	-0.32%
ABM	B	-0.32%
STEP	B	-0.32%
COKE	C	-0.32%
EQC	A	-0.31%
SWX	A	-0.31%
KAR	A	-0.31%
KTOS	C	-0.31%
NJR	A	-0.3%
AWR	A	-0.3%
WOOF	D	-0.3%
GFF	B	-0.3%
VREX	C	-0.29%
EGHT	C	-0.29%
PHR	F	-0.29%
BDC	B	-0.29%
TRNO	D	-0.28%
LNW	F	-0.28%
WK	C	-0.28%
YEXT	B	-0.28%
RVMD	B	-0.26%
PRGS	B	-0.26%
TRN	A	-0.26%
PLPC	B	-0.25%
CDP	C	-0.25%
MOG.A	B	-0.25%
SNEX	B	-0.25%
HQY	A	-0.24%
PDFS	D	-0.24%
BCO	F	-0.24%
PSN	C	-0.24%
NBR	D	-0.24%
SHAK	C	-0.23%
PLXS	B	-0.23%
EPAC	B	-0.23%
EZPW	A	-0.23%
CORT	C	-0.23%
MRTN	C	-0.23%
HLX	C	-0.23%
PLAB	D	-0.22%
COMM	D	-0.22%
CRAI	B	-0.22%
GEO	A	-0.22%
MAC	A	-0.22%
AORT	B	-0.22%
ROCK	D	-0.21%
AXGN	D	-0.21%
RNA	C	-0.21%
PBH	A	-0.21%
HALO	F	-0.21%
SJW	F	-0.21%
HURN	B	-0.21%
OI	D	-0.21%
AXL	C	-0.21%
ALKS	C	-0.21%
CTRE	C	-0.2%
HNI	B	-0.2%
BL	C	-0.2%
HSTM	A	-0.2%
ZUO	B	-0.2%
CWT	C	-0.2%
PBI	B	-0.19%
TNC	F	-0.19%
HL	C	-0.19%
SMTC	C	-0.19%
RMBS	C	-0.19%
PD	C	-0.18%
SBH	B	-0.18%
PJT	B	-0.18%
PRO	C	-0.18%
SFBS	B	-0.18%
SLVM	C	-0.18%
BVS	C	-0.18%
HY	D	-0.18%
AVNS	F	-0.18%
CNXN	D	-0.18%
VRE	A	-0.18%
ARLO	C	-0.17%
IRTC	C	-0.17%
CSWI	A	-0.17%
PRK	B	-0.17%
DCO	B	-0.17%
TDS	B	-0.17%
PTCT	C	-0.17%
LMB	A	-0.17%
FLNC	C	-0.17%
INTA	B	-0.17%
TVTX	C	-0.16%
RYTM	C	-0.16%
EWTX	C	-0.16%
EXPI	C	-0.16%
BOH	B	-0.16%
DXPE	B	-0.16%
ALRM	C	-0.16%
BPMC	C	-0.16%
CYTK	D	-0.16%
DOMO	C	-0.15%
VCYT	B	-0.15%
WSBC	B	-0.15%
MDGL	C	-0.15%
DY	C	-0.15%
AMSF	B	-0.15%
TRTX	B	-0.15%
SAH	B	-0.15%
CPS	C	-0.15%
OPCH	F	-0.14%
CPRX	C	-0.14%
AGIO	C	-0.14%
NRIX	C	-0.14%
HAE	C	-0.14%
FLXS	B	-0.14%
TWST	F	-0.14%
VRTS	B	-0.14%
UCB	A	-0.14%
FOLD	F	-0.14%
CNK	A	-0.14%
SRRK	B	-0.13%
ATRC	C	-0.13%
WSR	A	-0.13%
CRNX	C	-0.13%
KNF	B	-0.13%
EXTR	C	-0.13%
SLG	B	-0.13%
BRC	C	-0.12%
ZEUS	C	-0.12%
KREF	D	-0.12%
TRUP	B	-0.12%
AMRX	C	-0.12%
AMSC	C	-0.12%
FORM	F	-0.12%
CHX	C	-0.11%
KRYS	C	-0.11%
ACAD	C	-0.11%
ADMA	C	-0.11%
SKT	A	-0.11%
HCAT	C	-0.11%
DYN	F	-0.11%
OTTR	C	-0.11%
CDNA	D	-0.11%
HCI	C	-0.11%
LYTS	A	-0.11%
UNIT	B	-0.11%
EAT	A	-0.11%
DIOD	F	-0.1%
LADR	B	-0.1%
TRUE	C	-0.1%
OSCR	C	-0.1%
AMPH	F	-0.1%
NGVC	A	-0.1%
GKOS	A	-0.1%
GMRE	F	-0.1%
ADUS	D	-0.1%
VTOL	B	-0.1%
BCRX	D	-0.1%
KURA	F	-0.1%
ALTR	B	-0.1%
RDFN	D	-0.1%
TGTX	B	-0.09%
EBS	C	-0.09%
ADPT	C	-0.09%
AMBA	B	-0.09%
AMAL	B	-0.09%
LGND	C	-0.09%
HLIT	D	-0.09%
RXRX	D	-0.09%
BCPC	B	-0.09%
MYGN	F	-0.09%
AGS	A	-0.09%
AUR	C	-0.09%
ARQT	C	-0.09%
ARAY	D	-0.08%
PRLB	C	-0.08%
ANIP	D	-0.08%
FTDR	B	-0.08%
BSRR	C	-0.08%
SGMO	C	-0.08%
CDMO	A	-0.08%
PCRX	C	-0.08%
EGP	D	-0.08%
KTB	A	-0.08%
TDOC	D	-0.08%
LTH	C	-0.08%
PTGX	D	-0.08%
AIN	C	-0.08%
MTRN	C	-0.08%
URBN	C	-0.08%
RUSHA	B	-0.08%
TCMD	B	-0.08%
AKBA	C	-0.08%
WVE	C	-0.08%
SSTK	F	-0.08%
FSS	B	-0.08%
MRC	B	-0.08%
SPT	C	-0.08%
PACB	D	-0.08%
LUNR	B	-0.07%
LNTH	F	-0.07%
LIVN	D	-0.07%
CTKB	C	-0.07%
KE	C	-0.07%
WEAV	B	-0.07%
NVAX	F	-0.07%
ORIC	F	-0.07%
KOD	B	-0.07%
HBI	B	-0.07%
JAMF	F	-0.07%
HRTG	C	-0.07%
AXSM	B	-0.07%
FISI	B	-0.07%
SEM	B	-0.07%
LGF.A	F	-0.07%
IRWD	F	-0.07%
MYE	F	-0.07%
OPEN	F	-0.07%
NUVB	C	-0.07%
ATNI	F	-0.07%
PL	A	-0.07%
THR	B	-0.07%
DNLI	C	-0.07%
MEDP	D	-0.07%
WSBF	B	-0.07%
REPL	C	-0.07%
BLKB	B	-0.07%
CDE	C	-0.07%
WMK	B	-0.07%
BSIG	A	-0.07%
COLL	F	-0.07%
BBIO	F	-0.07%
ANNX	F	-0.06%
ERAS	C	-0.06%
AKRO	C	-0.06%
RXO	C	-0.06%
UEC	A	-0.06%
TSHA	D	-0.06%
SNDX	F	-0.06%
RVNC	F	-0.06%
ARCT	F	-0.06%
APPN	C	-0.06%
IART	C	-0.06%
BGS	F	-0.06%
CDXS	B	-0.06%
CMC	B	-0.06%
TREE	F	-0.06%
CCCC	F	-0.06%
HURC	C	-0.06%
RM	D	-0.06%
GIC	F	-0.06%
BKD	F	-0.06%
ARVN	F	-0.06%
AVD	C	-0.06%
CLDX	F	-0.06%
CERS	D	-0.06%
QTRX	D	-0.06%
NABL	F	-0.06%
EOLS	F	-0.06%
ETNB	D	-0.05%
ALLK	D	-0.05%
ACIW	B	-0.05%
DAKT	B	-0.05%
SAGE	F	-0.05%
OABI	D	-0.05%
LGF.A	F	-0.05%
DSGN	C	-0.05%
TMCI	C	-0.05%
PAHC	B	-0.05%
ATRO	F	-0.05%
ORGO	B	-0.05%
FLYW	B	-0.05%
MLNK	C	-0.05%
ZIP	D	-0.05%
OPY	B	-0.05%
UHT	D	-0.05%
ARWR	D	-0.05%
COGT	D	-0.05%
STRO	D	-0.05%
VNDA	C	-0.05%
ABSI	F	-0.05%
EE	A	-0.05%
SNBR	F	-0.05%
ONTO	F	-0.05%
MCRI	A	-0.05%
BOOT	D	-0.05%
TSVT	F	-0.04%
HRTX	F	-0.04%
MGNX	D	-0.04%
LPSN	F	-0.04%
ICFI	F	-0.04%
BLBD	F	-0.04%
BDTX	F	-0.04%
TNDM	F	-0.04%
TERN	F	-0.04%
NXRT	A	-0.04%
GERN	F	-0.04%
MSBI	B	-0.04%
BRSP	C	-0.04%
CXM	C	-0.04%
BASE	C	-0.04%
NUVL	D	-0.04%
VYGR	F	-0.04%
CRVL	A	-0.04%
ALX	D	-0.04%
IOVA	F	-0.04%
KALV	F	-0.04%
IDYA	F	-0.04%
NPAB	F	-0.04%
ZNTL	D	-0.04%
COUR	F	-0.04%
NSSC	F	-0.04%
TXRH	B	-0.04%
PRTS	C	-0.03%
FIZZ	C	-0.03%
ANIK	F	-0.03%
KYMR	C	-0.03%
GCI	D	-0.03%
NPK	C	-0.03%
ACET	F	-0.03%
GIII	D	-0.03%
ENTA	F	-0.03%
RMAX	D	-0.03%
SHEN	F	-0.03%
CWCO	C	-0.03%
IDT	B	-0.03%
RLMD	F	-0.03%
MBWM	B	-0.03%
YMAB	F	-0.03%
USLM	A	-0.03%
BEAM	C	-0.03%
BECN	B	-0.03%
ENSG	D	-0.03%
STNE	F	-0.03%
RLAY	F	-0.03%
VSCO	A	-0.03%
AXNX	A	-0.03%
RCKT	F	-0.03%
ASC	D	-0.03%
FNKO	D	-0.03%
SANA	F	-0.03%
ACLX	C	-0.03%
HROW	D	-0.03%
MCY	B	-0.03%
ARRY	F	-0.03%
ETWO	F	-0.03%
HNST	A	-0.03%
CHGG	F	-0.03%
LMAT	A	-0.03%
NARI	C	-0.03%
HUMA	F	-0.03%
GRC	B	-0.03%
FATE	F	-0.03%
VCEL	A	-0.03%
EDIT	F	-0.03%
HIMS	C	-0.03%
CSR	A	-0.03%
ANGO	C	-0.02%
SUPN	B	-0.02%
RCKY	F	-0.02%
EB	C	-0.02%
UPLD	B	-0.02%
DIN	C	-0.02%
ONTF	C	-0.02%
TNYA	C	-0.02%
CTMX	F	-0.02%
SPNS	F	-0.02%
MQ	F	-0.02%
NTLA	F	-0.02%
DVAX	C	-0.02%
ZIMV	F	-0.02%
TNET	F	-0.02%
ABUS	D	-0.02%
SVRA	F	-0.02%
MCB	B	-0.02%
RAMP	C	-0.02%
NKTR	F	-0.02%
XNCR	B	-0.02%
JBSS	F	-0.02%
SPOK	B	-0.02%
MRSN	C	-0.02%
PGEN	F	-0.02%
CRBU	D	-0.02%
PRAA	C	-0.02%
GPRE	F	-0.02%
DOC	D	-0.02%
SWTX	C	-0.02%
TSE	F	-0.02%
ALHC	C	-0.02%
NKTX	F	-0.02%
ALEC	F	-0.02%
VERA	C	-0.02%
MDXG	A	-0.02%
SFL	D	-0.02%
ALT	C	-0.02%
PDCO	F	-0.02%
KPTI	D	-0.02%
PBYI	D	-0.02%
FSTR	B	-0.02%
PKE	C	-0.02%
BOLT	F	-0.01%
CARA	D	-0.01%
WFRD	F	-0.01%
ALVR	F	-0.01%
INO	F	-0.01%
NOVA	F	-0.01%
GATX	B	-0.01%
ZDGE	F	-0.01%
FGEN	F	-0.01%
IMVT	F	-0.01%
CHRS	F	-0.01%
AVTE	C	-0.01%
SMMT	D	-0.01%
ADAP	F	-0.01%
SPCE	D	-0.01%
RIG	D	-0.01%
URGN	F	-0.01%
XBIT	F	-0.01%
CCBG	B	-0.01%