TDVG vs. FHEQ ETF Comparison

Comparison of T. Rowe Price Dividend Growth ETF (TDVG) to Fidelity Hedged Equity ETF (FHEQ)

TDVG

T. Rowe Price Dividend Growth ETF

TDVG Description

The investment seeks dividend income and long-term capital growth. The fund normally invests at least 80% of the fund's assets in stocks that have a strong track record of paying dividends or are expected to pay dividends over time (even if not currently paying dividends) (or futures that have similar economic characteristics). It primarily invests in exchange-traded securities that trade synchronously with the fund's shares, cash, and cash equivalents. The fund may also invest inADRs and common stocks listed on a foreign exchange that trade on such exchange synchronously with the fund's shares (i.e., during the U.S. listing exchange's trading hours).

Grade (RS Rating)

Last Trade

$41.43

Average Daily Volume

108,557

Number of Holdings ^*

101

* 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

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	TDVG	FHEQ
30 Days	1.72%	2.51%
60 Days	1.64%	3.80%
90 Days	3.05%	4.54%
12 Months	22.96%

44 Overlapping Holdings

Symbol	Grade	Weight in TDVG	Weight in FHEQ	Overlap
AAPL	C	4.93%	7.31%	4.93%
ABBV	D	1.01%	1.0%	1.0%
ADP	B	0.58%	0.16%	0.16%
AMAT	F	0.99%	0.7%	0.7%
AME	A	0.18%	0.22%	0.18%
AMT	D	0.85%	0.24%	0.24%
AXP	A	1.26%	0.43%	0.43%
BAC	A	1.22%	1.17%	1.17%
BDX	F	1.03%	0.59%	0.59%
CI	F	0.55%	0.63%	0.55%
CL	D	1.01%	0.58%	0.58%
COST	B	0.55%	0.45%	0.45%
CSX	B	0.58%	0.43%	0.43%
EOG	A	0.62%	0.43%	0.43%
GE	D	2.07%	0.45%	0.45%
GEHC	F	0.59%	0.17%	0.17%
HD	A	1.37%	1.32%	1.32%
HLT	A	1.2%	0.18%	0.18%
HWM	A	1.24%	0.27%	0.27%
JNJ	D	0.48%	0.61%	0.48%
JPM	A	2.07%	1.82%	1.82%
KLAC	D	1.45%	0.54%	0.54%
LLY	F	1.81%	0.76%	0.76%
MDLZ	F	0.85%	0.07%	0.07%
MMC	B	1.72%	0.52%	0.52%
MS	A	0.96%	0.16%	0.16%
MSFT	F	6.0%	5.64%	5.64%
NEE	D	0.65%	0.73%	0.65%
NOC	D	0.96%	0.56%	0.56%
PGR	A	1.09%	0.63%	0.63%
PM	B	0.74%	0.92%	0.74%
QCOM	F	0.49%	0.84%	0.49%
ROST	C	1.31%	0.1%	0.1%
SCHW	B	0.93%	0.56%	0.56%
SPGI	C	0.58%	0.28%	0.28%
TMO	F	1.64%	0.26%	0.26%
TMUS	B	1.09%	0.29%	0.29%
TT	A	0.74%	0.69%	0.69%
UNH	C	1.9%	0.57%	0.57%
UNP	C	0.97%	0.73%	0.73%
V	A	2.14%	0.47%	0.47%
WFC	A	0.57%	0.15%	0.15%
WMT	A	1.39%	0.8%	0.8%
XOM	B	1.31%	1.54%	1.31%

TDVG Overweight 57 Positions Relative to FHEQ

Symbol	Grade	Weight
CB	C	2.06%
ROP	B	1.4%
ACN	C	1.34%
KO	D	1.32%
LIN	D	1.32%
AZN	D	1.18%
APH	A	1.14%
MCK	B	1.13%
HON	B	1.12%
DHR	F	1.12%
WCN	A	1.06%
SYK	C	1.04%
BR	A	1.04%
MCD	D	1.02%
EQR	B	1.02%
KVUE	A	0.99%
ADI	D	0.98%
ELV	F	0.9%
SHW	A	0.89%
AEE	A	0.87%
AVY	D	0.81%
SLB	C	0.8%
HIG	B	0.77%
COP	C	0.73%
CMS	C	0.71%
PEP	F	0.7%
ODFL	B	0.68%
GEV	B	0.67%
ZTS	D	0.64%
A	D	0.63%
TXN	C	0.61%
ATO	A	0.6%
MCHP	D	0.56%
YUM	B	0.56%
EQT	B	0.56%
GS	A	0.54%
TGT	F	0.51%
ROK	B	0.5%
OTIS	C	0.5%
SWK	D	0.48%
DE	A	0.47%
TSCO	D	0.45%
EFX	F	0.44%
WMB	A	0.42%
NKE	D	0.4%
AON	A	0.38%
REXR	F	0.37%
ITW	B	0.37%
CMI	A	0.32%
DG	F	0.3%
RPM	A	0.29%
MAR	B	0.28%
BALL	D	0.28%
STZ	D	0.26%
TTC	D	0.25%
JBHT	C	0.03%
LVS	C	0.03%

TDVG Underweight 124 Positions Relative to FHEQ

Symbol	Grade	Weight
NVDA	C	-7.27%
AMZN	C	-3.64%
META	D	-2.87%
BRK.A	B	-2.19%
GOOGL	C	-2.02%
GOOG	C	-1.74%
AVGO	D	-1.49%
MA	C	-1.34%
TSLA	B	-1.26%
NFLX	A	-1.26%
CRM	B	-1.09%
ADBE	C	-0.93%
PG	A	-0.87%
CMCSA	B	-0.83%
CSCO	B	-0.79%
TJX	A	-0.73%
GILD	C	-0.73%
MRK	F	-0.69%
LMT	D	-0.69%
BMY	B	-0.68%
T	A	-0.67%
CTAS	B	-0.66%
ECL	D	-0.62%
SQ	B	-0.59%
DIS	B	-0.57%
PFE	D	-0.56%
SEIC	B	-0.54%
C	A	-0.54%
PYPL	B	-0.54%
DVN	F	-0.53%
ZM	B	-0.52%
CVNA	B	-0.52%
TXT	D	-0.51%
DBX	B	-0.51%
MSCI	C	-0.49%
CMG	B	-0.49%
TRV	B	-0.49%
CAT	B	-0.48%
MU	D	-0.47%
ZBRA	B	-0.47%
IGT	F	-0.45%
ALLE	D	-0.44%
RTX	C	-0.44%
EXEL	B	-0.43%
PCAR	B	-0.42%
CAH	B	-0.4%
ALRM	C	-0.4%
WM	A	-0.38%
CME	A	-0.37%
BK	A	-0.36%
TDC	D	-0.35%
PPG	F	-0.34%
NOW	A	-0.34%
ANF	C	-0.33%
LDOS	C	-0.32%
NUE	C	-0.32%
MEDP	D	-0.31%
GRMN	B	-0.31%
CACI	D	-0.3%
SKYW	B	-0.29%
INCY	C	-0.27%
MSI	B	-0.26%
IDXX	F	-0.26%
NSC	B	-0.26%
FTNT	C	-0.24%
AMGN	D	-0.24%
BLK	C	-0.23%
TROW	B	-0.23%
LRCX	F	-0.23%
LHX	C	-0.23%
MGM	D	-0.22%
CVS	D	-0.22%
MMM	D	-0.22%
BIIB	F	-0.21%
XEL	A	-0.21%
RSG	A	-0.2%
GL	B	-0.2%
CLX	B	-0.2%
PSA	D	-0.19%
GAP	C	-0.18%
DOCU	A	-0.18%
VZ	C	-0.18%
LNW	D	-0.17%
FTI	A	-0.17%
WDAY	B	-0.16%
SPG	B	-0.16%
PEGA	A	-0.16%
F	C	-0.15%
TPH	D	-0.15%
ETN	A	-0.15%
UBER	D	-0.14%
GEN	B	-0.13%
DASH	A	-0.12%
VEEV	C	-0.12%
CINF	A	-0.12%
SOLV	C	-0.12%
NBIX	C	-0.11%
BBWI	D	-0.11%
QRVO	F	-0.11%
VST	B	-0.11%
KR	B	-0.11%
PLTK	B	-0.1%
MKL	A	-0.09%
BAH	F	-0.09%
ANET	C	-0.08%
DOC	D	-0.08%
ALL	A	-0.07%
BCC	B	-0.07%
L	A	-0.07%
TENB	C	-0.06%
CRUS	D	-0.06%
LYFT	C	-0.06%
BLD	D	-0.05%
UTHR	C	-0.05%
ORCL	B	-0.04%
QGEN	D	-0.04%
SCCO	F	-0.04%
LPLA	A	-0.03%
CVX	A	-0.02%
MHO	D	-0.02%
TWLO	A	-0.02%
UNM	A	-0.01%
NWL	B	-0.01%
OGE	B	-0.01%