VFMF vs. FVAL ETF Comparison

Comparison of Vanguard U.S. Multifactor ETF (VFMF) to Fidelity Value Factor ETF (FVAL)

VFMF

Vanguard U.S. Multifactor ETF

VFMF Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$128.21

Average Daily Volume

8,621

Number of Holdings ^*

446

* 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

$59.21

Average Daily Volume

55,887

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	VFMF	FVAL
30 Days	3.51%	1.33%
60 Days	0.01%	0.36%
90 Days	5.19%	3.80%
12 Months	24.16%	21.26%

53 Overlapping Holdings

Symbol	Grade	Weight in VFMF	Weight in FVAL	Overlap
ABBV	B	0.97%	1.39%	0.97%
AGCO	D	0.09%	0.39%	0.09%
AMZN	C	0.07%	3.65%	0.07%
ATKR	F	0.22%	0.26%	0.22%
AXP	B	0.78%	0.78%	0.78%
BG	F	0.2%	0.37%	0.2%
BKNG	B	0.89%	0.72%	0.72%
CAT	C	0.74%	0.71%	0.71%
CF	C	0.15%	0.17%	0.15%
CI	B	0.47%	0.95%	0.47%
CIVI	F	0.09%	0.15%	0.09%
CLF	F	0.23%	0.12%	0.12%
CNC	C	0.19%	0.74%	0.19%
COP	F	0.49%	0.41%	0.41%
CRM	D	0.29%	1.19%	0.29%
CTSH	B	0.12%	0.81%	0.12%
CVX	D	0.4%	0.63%	0.4%
EBAY	A	0.06%	0.53%	0.06%
EOG	D	0.58%	0.3%	0.3%
EXPE	C	0.12%	0.53%	0.12%
FCX	D	0.1%	0.25%	0.1%
FDX	C	0.65%	0.5%	0.5%
GILD	B	0.61%	0.92%	0.61%
GM	C	0.24%	0.6%	0.24%
GOOGL	D	0.61%	3.63%	0.61%
HPE	F	0.05%	0.73%	0.05%
IBM	A	0.64%	1.15%	0.64%
JPM	D	0.77%	1.75%	0.77%
KMB	C	0.33%	0.49%	0.33%
KR	B	0.74%	0.42%	0.42%
LYB	F	0.11%	0.18%	0.11%
M	D	0.45%	0.4%	0.4%
META	B	0.85%	2.55%	0.85%
MMM	A	0.75%	0.55%	0.55%
MPC	F	0.99%	0.28%	0.28%
MRK	D	0.08%	1.33%	0.08%
MUR	F	0.21%	0.16%	0.16%
NUE	D	0.74%	0.19%	0.19%
NVDA	D	0.44%	5.93%	0.44%
OC	C	0.49%	0.37%	0.37%
OZK	D	0.16%	0.46%	0.16%
PCAR	D	0.53%	0.47%	0.47%
QCOM	D	0.88%	1.1%	0.88%
RNR	B	0.06%	0.58%	0.06%
STLD	F	0.21%	0.15%	0.15%
SWKS	F	0.11%	0.72%	0.11%
SYF	D	1.01%	0.54%	0.54%
TGT	C	0.45%	0.51%	0.45%
VLO	F	1.11%	0.23%	0.23%
VZ	A	0.53%	0.65%	0.53%
WFC	F	1.71%	0.89%	0.89%
WMT	B	0.5%	1.05%	0.5%
XOM	D	0.55%	1.16%	0.55%

VFMF Overweight 393 Positions Relative to FVAL

Symbol	Grade	Weight
AIG	D	1.6%
GOOG	D	1.1%
BK	A	1.08%
FANG	F	1.08%
AMAT	D	1.04%
HIG	B	1.04%
AFL	B	0.97%
MLI	B	0.94%
LRCX	F	0.92%
MTG	B	0.9%
MCK	F	0.87%
BPOP	C	0.81%
APO	C	0.78%
PHM	B	0.75%
PSX	F	0.67%
KLAC	D	0.64%
ANET	C	0.62%
OFG	C	0.59%
HCA	A	0.57%
TMHC	B	0.57%
OMF	D	0.53%
CAH	B	0.53%
ARCH	D	0.53%
BCC	C	0.5%
COST	B	0.47%
PVH	D	0.46%
HRB	C	0.45%
AZO	C	0.45%
ORI	B	0.44%
COLL	C	0.43%
TJX	B	0.43%
SLM	D	0.42%
NWS	D	0.41%
ALSN	B	0.4%
GIII	C	0.4%
KELYA	D	0.4%
SIG	C	0.38%
WFRD	D	0.38%
AMAL	B	0.38%
ANDE	D	0.37%
UFPI	C	0.35%
WRB	C	0.34%
RDN	C	0.34%
EIG	B	0.34%
SCS	C	0.34%
FULT	D	0.34%
FBP	D	0.33%
CBOE	B	0.32%
PRDO	D	0.31%
PRI	B	0.31%
GFF	C	0.3%
AMKR	D	0.3%
SKX	C	0.3%
ASC	D	0.29%
NMIH	B	0.29%
EAT	B	0.29%
TK	C	0.29%
MLKN	D	0.28%
TNK	D	0.28%
WSM	C	0.28%
SIGA	D	0.27%
ACT	A	0.27%
UNM	B	0.27%
NTB	C	0.26%
CNO	B	0.26%
JBL	D	0.25%
ASO	C	0.25%
AYI	B	0.25%
WTTR	D	0.25%
NSIT	C	0.25%
IBOC	C	0.25%
MTH	B	0.24%
TPC	C	0.24%
HP	F	0.24%
CAL	F	0.23%
PFBC	C	0.23%
MSM	D	0.23%
SRCE	C	0.23%
STNG	D	0.23%
EVR	B	0.23%
CPAY	C	0.22%
PR	D	0.22%
EWBC	D	0.22%
CFG	C	0.22%
MBIN	C	0.22%
DELL	D	0.22%
KD	D	0.21%
GNW	B	0.21%
FNF	B	0.21%
CTRA	F	0.21%
HPQ	D	0.21%
SXC	F	0.21%
MHO	B	0.21%
DBX	D	0.21%
CENTA	D	0.21%
TOL	B	0.21%
TEX	D	0.21%
CHRD	F	0.21%
DHI	B	0.21%
STT	B	0.21%
EQH	C	0.21%
CATY	C	0.21%
CASH	B	0.2%
DINO	F	0.2%
AAL	D	0.2%
CPF	B	0.2%
AX	D	0.2%
GMS	C	0.2%
THO	C	0.2%
BLD	D	0.2%
CACC	F	0.2%
EME	A	0.2%
ESGR	D	0.19%
RS	D	0.19%
NR	D	0.19%
VGR	C	0.19%
OMI	D	0.19%
PLAB	D	0.19%
AMWD	C	0.19%
RL	B	0.19%
AGO	C	0.19%
BBWI	F	0.19%
SKYW	C	0.19%
ATGE	D	0.19%
ZEUS	F	0.19%
LEN	B	0.18%
DHT	C	0.18%
SCHL	D	0.18%
DKS	D	0.18%
CVCO	B	0.18%
REVG	D	0.18%
PUMP	F	0.18%
PKG	B	0.18%
IMKTA	D	0.18%
DLX	D	0.17%
BELFB	C	0.17%
VIRT	B	0.17%
TNL	F	0.17%
BLX	C	0.17%
AIT	C	0.17%
CLW	F	0.17%
VCTR	B	0.17%
CRC	C	0.17%
CALM	B	0.17%
COOP	B	0.17%
JEF	B	0.17%
DOX	C	0.16%
HCC	D	0.16%
R	B	0.16%
WMK	C	0.16%
AMRX	B	0.16%
GAP	F	0.16%
SCSC	D	0.16%
RRC	D	0.16%
SM	F	0.16%
CMC	D	0.16%
VNT	D	0.16%
CR	C	0.16%
CRBG	D	0.16%
ENS	D	0.16%
DESP	C	0.15%
BV	B	0.15%
URBN	D	0.15%
INSW	D	0.15%
PLUS	B	0.15%
LPG	F	0.15%
KBH	B	0.15%
ARW	C	0.15%
WABC	D	0.15%
SNA	B	0.15%
NVR	B	0.15%
MUSA	B	0.15%
TILE	B	0.15%
CNOB	B	0.15%
HWKN	C	0.15%
PATK	A	0.15%
FTI	D	0.15%
URI	C	0.15%
ETH	F	0.14%
DNOW	D	0.14%
MOH	C	0.14%
PFGC	B	0.14%
FCF	C	0.14%
SPOK	C	0.14%
AN	D	0.14%
ODP	F	0.14%
FIX	B	0.14%
IESC	C	0.14%
QCRH	C	0.14%
AEO	F	0.14%
OVV	F	0.14%
OLN	D	0.14%
PHIN	C	0.14%
ESAB	C	0.14%
TPR	C	0.14%
NAT	D	0.14%
WCC	D	0.13%
ROCK	D	0.13%
MRC	D	0.13%
JELD	D	0.13%
TNET	D	0.13%
YETI	D	0.13%
CNXN	B	0.13%
CHCO	B	0.13%
FLWS	D	0.13%
KTB	A	0.13%
MATX	C	0.12%
TAP	C	0.12%
WNC	F	0.12%
RCL	B	0.12%
CSTM	D	0.12%
BBW	C	0.12%
WLK	D	0.12%
PFSI	B	0.12%
SSD	C	0.12%
KNTK	A	0.12%
NTAP	D	0.12%
CEIX	C	0.12%
GL	C	0.12%
CVLT	B	0.12%
TPH	C	0.12%
REX	D	0.12%
NXST	D	0.11%
GPC	D	0.11%
RES	F	0.11%
DAKT	D	0.11%
NMRK	B	0.11%
PTVE	D	0.11%
AZZ	D	0.11%
SFL	D	0.11%
BRY	F	0.11%
SANM	D	0.11%
RAMP	F	0.11%
FOR	D	0.11%
OXM	D	0.11%
JOE	D	0.11%
NAVI	C	0.1%
PH	B	0.1%
WGO	D	0.1%
EXEL	A	0.1%
WHD	C	0.1%
MOG.A	B	0.1%
SPTN	C	0.1%
BLDR	C	0.1%
AGX	B	0.1%
BXC	D	0.1%
STBA	C	0.1%
MBUU	D	0.1%
GPOR	C	0.1%
BTU	D	0.1%
MTDR	F	0.1%
HAFC	C	0.1%
MTUS	F	0.1%
WEX	C	0.1%
SAIA	D	0.1%
COKE	C	0.1%
ARCB	D	0.09%
QLYS	F	0.09%
BUSE	C	0.09%
BOKF	B	0.09%
APOG	C	0.09%
CVBF	C	0.09%
DXPE	C	0.09%
GNK	D	0.09%
CNM	F	0.09%
SFBS	B	0.09%
EXP	A	0.09%
IIIN	D	0.09%
SD	F	0.09%
LRN	B	0.09%
CNX	B	0.09%
PSMT	B	0.08%
CSL	C	0.08%
MCY	C	0.08%
PLPC	D	0.08%
AHCO	B	0.08%
JWN	C	0.08%
ACCO	C	0.08%
OSUR	D	0.08%
WSFS	D	0.08%
IDT	C	0.08%
TBBK	B	0.08%
PBF	F	0.08%
LPLA	F	0.08%
NOG	F	0.07%
BHLB	C	0.07%
STRL	C	0.07%
WU	F	0.07%
IDCC	B	0.07%
MYRG	F	0.07%
BECN	D	0.07%
AXL	F	0.07%
BBSI	B	0.07%
SFNC	B	0.07%
CNA	C	0.07%
UVV	D	0.07%
KSS	F	0.07%
GES	F	0.07%
AGM	D	0.07%
WOR	F	0.07%
LZB	C	0.07%
HVT	D	0.07%
MOV	F	0.07%
CRVL	B	0.07%
GRBK	B	0.07%
WMS	D	0.07%
SBSI	C	0.07%
VFC	C	0.06%
NX	D	0.06%
XRX	F	0.06%
GRNT	D	0.06%
ZIMV	D	0.06%
HBI	B	0.06%
OSBC	B	0.06%
CG	D	0.06%
LBRT	D	0.06%
CASY	C	0.06%
TMUS	A	0.06%
BWA	F	0.06%
UA	C	0.06%
LOPE	D	0.06%
CACI	B	0.06%
RGP	D	0.06%
APG	D	0.06%
CPRX	B	0.06%
LEN	B	0.06%
PFG	C	0.06%
TCBI	B	0.05%
ANIP	F	0.05%
BKE	B	0.05%
BC	D	0.05%
DECK	C	0.05%
SCVL	C	0.05%
YELP	F	0.05%
PPC	D	0.05%
TNC	D	0.05%
MGY	D	0.05%
MET	B	0.05%
CBT	B	0.05%
LOW	B	0.05%
PSTG	D	0.05%
HELE	D	0.05%
AMSF	C	0.05%
LQDT	B	0.05%
JBI	F	0.05%
LYTS	C	0.05%
DOLE	A	0.05%
STRA	D	0.04%
HEES	D	0.04%
MEDP	D	0.04%
SXI	D	0.04%
MCRI	C	0.04%
TRST	C	0.04%
BKU	C	0.04%
CHE	C	0.04%
BRKL	C	0.04%
HNI	C	0.04%
SHOO	B	0.04%
GOLF	D	0.04%
MCFT	D	0.04%
AMG	C	0.04%
CTS	D	0.04%
VTRS	C	0.04%
KFRC	F	0.04%
ALKS	C	0.04%
DDS	D	0.04%
ROST	C	0.04%
FARO	D	0.03%
SMP	C	0.03%
BYD	C	0.03%
GPK	A	0.03%
THRY	D	0.03%
ATEN	C	0.03%
HOV	C	0.03%
BERY	B	0.03%
HSTM	C	0.03%
ULTA	D	0.03%
KMT	B	0.03%
AMRK	C	0.03%
EPAC	B	0.03%
THFF	C	0.03%
DBI	F	0.03%
PRLB	D	0.03%
EPM	C	0.03%
FELE	D	0.03%
CCRN	F	0.03%
INMD	D	0.03%
JACK	F	0.03%
HIMS	D	0.02%
FFIV	A	0.02%
GPI	B	0.02%
MAN	D	0.02%
JAZZ	D	0.02%

VFMF Underweight 71 Positions Relative to FVAL

Symbol	Grade	Weight
AAPL	D	-7.08%
MSFT	C	-6.72%
BRK.A	C	-2.2%
UNH	C	-1.82%
JNJ	B	-1.51%
V	A	-1.39%
PG	A	-1.2%
ACN	C	-1.19%
HD	B	-1.16%
BAC	D	-1.04%
ELV	B	-0.97%
BMY	C	-0.93%
MCD	B	-0.89%
ZM	C	-0.87%
MU	F	-0.84%
CVS	D	-0.83%
RPRX	C	-0.74%
C	D	-0.7%
UNP	B	-0.7%
TRV	A	-0.65%
HON	D	-0.65%
INTC	F	-0.65%
LMT	B	-0.64%
ADP	A	-0.62%
T	A	-0.61%
DE	B	-0.61%
COF	D	-0.6%
CMCSA	D	-0.6%
MO	C	-0.58%
LIN	B	-0.58%
EG	B	-0.56%
PRU	C	-0.56%
UPS	D	-0.56%
DFS	C	-0.55%
F	D	-0.53%
KVUE	B	-0.52%
NEE	B	-0.52%
JXN	B	-0.51%
LVS	D	-0.49%
CMI	C	-0.46%
G	B	-0.45%
DAL	C	-0.45%
WYNN	D	-0.45%
UAL	C	-0.44%
ADM	D	-0.42%
RHI	D	-0.39%
DUK	B	-0.38%
PLD	B	-0.38%
ACI	D	-0.36%
PCG	B	-0.3%
AEP	A	-0.3%
PARA	F	-0.29%
PSA	A	-0.28%
SPG	B	-0.27%
O	B	-0.27%
EXC	A	-0.27%
NEM	B	-0.26%
NRG	C	-0.24%
VICI	B	-0.23%
CBRE	B	-0.22%
DOW	F	-0.21%
DVN	F	-0.21%
UGI	B	-0.2%
NFG	A	-0.2%
ARE	B	-0.19%
BXP	A	-0.18%
GLPI	B	-0.18%
WPC	B	-0.18%
HST	D	-0.17%
JLL	B	-0.17%
MOS	F	-0.14%