VFMV vs. FQAL ETF Comparison

Comparison of Vanguard U.S. Minimum Volatility ETF (VFMV) to Fidelity Quality Factor ETF (FQAL)

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. 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

$120.64

Average Daily Volume

7,749

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

FQAL

Fidelity Quality Factor ETF

FQAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Quality Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.

Grade (RS Rating)

Last Trade

$64.89

Average Daily Volume

32,352

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	VFMV	FQAL
30 Days	0.72%	4.46%
60 Days	6.93%	10.73%
90 Days	7.44%	4.98%
12 Months	28.66%	34.32%

36 Overlapping Holdings

Symbol	Grade	Weight in VFMV	Weight in FQAL	Overlap
AAPL	C	0.64%	6.81%	0.64%
ABBV	C	1.34%	1.37%	1.34%
ACN	B	0.23%	1.06%	0.23%
AMAT	C	0.13%	0.95%	0.13%
AVGO	B	0.71%	2.13%	0.71%
AZO	D	0.42%	0.79%	0.42%
BMY	A	0.31%	0.94%	0.31%
CL	D	1.05%	0.41%	0.41%
CME	A	1.19%	0.84%	0.84%
CVX	B	0.77%	0.63%	0.63%
GILD	A	0.89%	0.97%	0.89%
GOOGL	B	0.87%	3.57%	0.87%
HSY	D	0.45%	0.29%	0.29%
JNJ	D	1.46%	1.44%	1.44%
KLAC	B	0.09%	0.83%	0.09%
KMB	D	0.07%	0.34%	0.07%
KO	C	0.46%	0.78%	0.46%
LLY	D	0.92%	2.06%	0.92%
LMT	A	1.44%	0.62%	0.62%
LRCX	D	0.08%	0.81%	0.08%
MCD	A	1.24%	1.17%	1.17%
MDLZ	D	0.39%	0.45%	0.39%
META	A	0.6%	2.61%	0.6%
MO	D	0.28%	0.41%	0.28%
MSFT	D	0.45%	6.61%	0.45%
ORLY	A	1.33%	0.81%	0.81%
PG	D	1.45%	1.02%	1.02%
PGR	B	1.49%	1.0%	1.0%
QCOM	D	0.69%	0.99%	0.69%
T	B	0.51%	0.56%	0.51%
V	B	0.44%	1.46%	0.44%
VRTX	D	0.04%	0.87%	0.04%
VZ	C	1.2%	0.62%	0.62%
WEC	B	0.39%	0.26%	0.26%
WMB	A	0.97%	0.28%	0.28%
XOM	A	1.42%	1.14%	1.14%

VFMV Overweight 111 Positions Relative to FQAL

Symbol	Grade	Weight
CVLT	B	1.63%
NTAP	D	1.57%
TJX	D	1.56%
TMUS	A	1.56%
TXN	C	1.54%
ROP	D	1.5%
MCK	F	1.5%
VECO	F	1.49%
EA	D	1.48%
WMT	A	1.47%
WM	B	1.46%
CSCO	A	1.46%
GD	C	1.43%
MUSA	D	1.43%
ADI	B	1.42%
KEX	C	1.4%
RSG	D	1.39%
MRK	F	1.39%
IDT	C	1.35%
DUK	C	1.31%
IBM	A	1.31%
CHD	D	1.28%
REGN	D	1.27%
COR	F	1.27%
NOC	B	1.27%
FCN	C	1.21%
IDCC	A	1.14%
CBOE	B	1.13%
DLB	D	1.06%
LRN	D	1.05%
DOX	B	1.03%
GIS	C	0.98%
HSTM	B	0.97%
MGEE	C	0.96%
CRUS	D	0.86%
SAFT	D	0.86%
GPOR	B	0.85%
UNH	B	0.85%
INST	C	0.83%
NSIT	B	0.83%
CHE	D	0.81%
LAUR	C	0.79%
NABL	F	0.78%
BLKB	C	0.78%
CAH	B	0.75%
WTM	C	0.75%
HPQ	B	0.72%
GOOG	B	0.7%
OSIS	C	0.7%
AMGN	D	0.64%
YELP	D	0.63%
MCS	B	0.61%
INSW	B	0.55%
MATX	C	0.54%
PBH	D	0.52%
ED	C	0.51%
NEU	F	0.49%
FLO	D	0.47%
FANG	D	0.45%
AJG	C	0.43%
TRV	B	0.43%
THFF	D	0.42%
K	B	0.4%
RLI	A	0.36%
NVEC	D	0.35%
OLLI	C	0.34%
AMSF	B	0.34%
JBSS	F	0.33%
RTX	A	0.33%
CASS	F	0.32%
ROL	C	0.29%
LDOS	A	0.29%
BRK.A	B	0.29%
IMMR	D	0.28%
MTSI	B	0.26%
LOPE	D	0.25%
KMI	A	0.24%
EBF	B	0.24%
EQC	D	0.24%
EXEL	B	0.23%
JJSF	C	0.23%
OLED	B	0.19%
SPOK	D	0.19%
DECK	B	0.19%
SPNS	B	0.17%
QNST	C	0.15%
PSX	D	0.14%
DGICA	D	0.12%
TNK	C	0.12%
AMZN	C	0.11%
CLBK	F	0.1%
DJCO	C	0.1%
DTM	A	0.1%
CNXN	C	0.08%
CB	A	0.08%
GLRE	B	0.06%
PEP	F	0.06%
LANC	F	0.06%
REYN	D	0.06%
UNM	A	0.06%
ATR	A	0.05%
SFL	D	0.05%
EIG	A	0.04%
DTE	B	0.04%
MU	D	0.04%
AKAM	D	0.04%
NBIX	F	0.04%
CNA	D	0.04%
SPOT	C	0.03%
CMS	A	0.03%
MSI	A	0.03%

VFMV Underweight 88 Positions Relative to FQAL

Symbol	Grade	Weight
NVDA	B	-6.3%
HD	A	-1.49%
MA	A	-1.43%
BKNG	B	-1.05%
LOW	C	-1.03%
ADBE	F	-1.01%
COST	C	-1.0%
SPGI	C	-0.96%
ZTS	C	-0.92%
BX	C	-0.91%
PANW	B	-0.85%
VEEV	C	-0.84%
NFLX	A	-0.84%
FICO	C	-0.83%
IDXX	D	-0.83%
ACGL	A	-0.8%
CAT	A	-0.79%
MCO	D	-0.78%
AMP	A	-0.78%
YUM	C	-0.77%
MTD	C	-0.75%
WSM	C	-0.75%
MSCI	B	-0.74%
ABNB	D	-0.74%
GRMN	D	-0.73%
CPAY	A	-0.72%
DPZ	D	-0.7%
JXN	A	-0.68%
KNSL	B	-0.66%
UNP	F	-0.65%
CFR	B	-0.63%
EWBC	B	-0.63%
MEDP	F	-0.62%
PM	D	-0.6%
CBSH	D	-0.6%
ADP	A	-0.59%
QLYS	F	-0.58%
LIN	C	-0.57%
TDG	A	-0.55%
ITW	C	-0.54%
MMM	C	-0.54%
NEE	C	-0.53%
CTAS	C	-0.52%
OTIS	A	-0.49%
GWW	B	-0.49%
CSX	D	-0.49%
PAYX	B	-0.47%
FAST	C	-0.47%
AME	C	-0.47%
CPRT	B	-0.45%
VRSK	D	-0.44%
ODFL	F	-0.42%
CEG	A	-0.42%
TTD	A	-0.39%
COP	D	-0.39%
SO	A	-0.38%
VST	A	-0.36%
PLD	D	-0.34%
AMT	D	-0.32%
SHW	C	-0.31%
MNST	D	-0.31%
EOG	B	-0.3%
FCX	B	-0.29%
NRG	A	-0.27%
ECL	C	-0.26%
PSA	C	-0.25%
LNG	A	-0.24%
O	C	-0.23%
SPG	A	-0.23%
TPL	A	-0.21%
UGI	C	-0.2%
NFG	A	-0.2%
EXR	D	-0.2%
AM	A	-0.19%
AVB	C	-0.19%
NUE	D	-0.19%
VICI	C	-0.19%
CF	A	-0.18%
MLM	F	-0.18%
AVY	D	-0.17%
EQR	C	-0.17%
SBAC	C	-0.17%
RS	D	-0.16%
EXP	C	-0.16%
ESS	D	-0.16%
WHD	A	-0.16%
GLPI	C	-0.15%
RGLD	C	-0.15%