VFQY vs. FFLC ETF Comparison

Comparison of Vanguard U.S. Quality Factor ETF (VFQY) to Fidelity Fundamental Large Cap Core ETF (FFLC)

VFQY

Vanguard U.S. Quality Factor ETF

VFQY Description

The investment seeks to provide long-term capital appreciation by investing in stocks with strong 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 strong fundamentals as determined by the advisor. 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

$143.03

Average Daily Volume

9,843

Number of Holdings ^*

354

* may have additional holdings in another (foreign) market

FFLC

Fidelity Fundamental Large Cap Core ETF

FFLC Description

FFLC seeks to achieve long-term capital growth by investing in a global core equity portfolio of large-cap stocks. The adviser generally defines large caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The portfolio includes stocks with growth and/or value characteristics. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity New Millennium ETF under the ticker FMIL. The fund previously used a semitransparent ETF structure.

Grade (RS Rating)

Last Trade

$45.30

Average Daily Volume

94,792

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	VFQY	FFLC
30 Days	3.25%	2.52%
60 Days	4.43%	4.79%
90 Days	5.99%	4.60%
12 Months	27.59%	37.58%

30 Overlapping Holdings

Symbol	Grade	Weight in VFQY	Weight in FFLC	Overlap
AAPL	C	2.18%	4.51%	2.18%
ADBE	F	1.81%	1.41%	1.41%
AMZN	C	1.06%	3.26%	1.06%
AVY	C	0.18%	0.38%	0.18%
BJ	D	0.34%	0.58%	0.34%
BKNG	C	0.03%	0.61%	0.03%
BLDR	C	0.37%	0.39%	0.37%
CAT	B	0.36%	0.75%	0.36%
DKS	D	0.42%	0.21%	0.21%
EL	F	0.06%	0.27%	0.06%
GILD	B	2.06%	0.29%	0.29%
GOOGL	D	0.21%	2.4%	0.21%
HOLX	B	0.07%	0.28%	0.07%
KO	C	0.13%	0.73%	0.13%
KVUE	C	0.35%	0.88%	0.35%
LLY	C	0.73%	1.93%	0.73%
META	B	0.62%	2.57%	0.62%
MRK	D	1.22%	0.26%	0.26%
NKE	D	1.39%	0.92%	0.92%
NVDA	D	0.73%	3.39%	0.73%
NVR	B	0.1%	0.45%	0.1%
RL	C	0.42%	0.51%	0.42%
SAM	F	0.18%	0.27%	0.18%
SNPS	D	0.19%	0.44%	0.19%
SPOT	B	0.09%	0.4%	0.09%
TER	D	0.13%	0.22%	0.13%
TJX	B	1.64%	1.2%	1.2%
V	C	1.43%	1.63%	1.43%
VRT	C	0.2%	0.46%	0.2%
WMT	C	1.73%	0.49%	0.49%

VFQY Overweight 324 Positions Relative to FFLC

Symbol	Grade	Weight
QCOM	D	1.87%
MMM	B	1.86%
KLAC	D	1.59%
LRCX	F	1.57%
IDXX	C	1.57%
TGT	C	1.47%
AXP	B	1.39%
PEP	C	1.33%
JNJ	C	1.3%
COST	B	1.15%
CTAS	B	1.1%
LULU	D	1.09%
ROST	C	0.77%
ADSK	C	0.77%
ABBV	C	0.71%
MCHP	F	0.7%
EQH	C	0.7%
CHRW	B	0.69%
AIG	D	0.67%
AMAT	D	0.67%
PAYX	C	0.66%
AMP	A	0.62%
NTAP	D	0.61%
LSTR	D	0.58%
FAST	C	0.57%
ANF	D	0.55%
AYI	B	0.55%
MPC	F	0.53%
STT	A	0.53%
MSM	D	0.53%
SLM	D	0.51%
DCI	C	0.51%
PRI	B	0.51%
RPM	B	0.5%
ADP	B	0.49%
BBY	C	0.49%
EOG	D	0.49%
FBP	C	0.49%
AFL	C	0.47%
CVLT	B	0.46%
TDC	F	0.45%
KR	C	0.45%
FLO	C	0.44%
RHI	D	0.43%
BPOP	C	0.42%
QLYS	F	0.42%
EBAY	B	0.42%
POOL	C	0.41%
AX	D	0.4%
DECK	C	0.4%
MAT	C	0.4%
EXPE	C	0.38%
ROK	D	0.37%
CNO	B	0.37%
CASH	B	0.37%
CDNS	D	0.37%
KD	D	0.37%
WFRD	F	0.37%
ECL	B	0.37%
IT	B	0.36%
SSD	D	0.35%
MPWR	C	0.34%
MANH	B	0.34%
WSFS	D	0.34%
DLTR	F	0.34%
CNM	F	0.34%
M	F	0.34%
ZION	D	0.34%
SKX	D	0.33%
EA	D	0.33%
UFPI	C	0.33%
OFG	C	0.33%
EW	F	0.32%
WLY	C	0.32%
CHE	C	0.32%
VMI	D	0.32%
SYF	C	0.32%
LNTH	D	0.32%
NSP	F	0.31%
TBBK	B	0.31%
BLBD	D	0.3%
AOS	D	0.3%
NTRS	A	0.3%
ALKS	C	0.3%
TPL	B	0.3%
TPR	C	0.3%
APOG	B	0.29%
APPF	D	0.29%
NTB	C	0.29%
ULTA	D	0.28%
MEDP	F	0.28%
JXN	A	0.28%
K	B	0.28%
PYPL	B	0.28%
TREX	D	0.27%
DOCU	C	0.27%
GL	C	0.27%
PG	C	0.26%
LECO	F	0.26%
WMS	D	0.25%
GPC	D	0.25%
LMB	B	0.25%
CRUS	D	0.25%
KFRC	D	0.24%
EXPD	C	0.24%
PSTG	F	0.24%
HAS	B	0.24%
AIT	A	0.24%
CR	C	0.23%
CFG	C	0.23%
A	C	0.23%
PVH	F	0.22%
CPNG	B	0.22%
PII	D	0.22%
TNET	F	0.22%
MSA	D	0.22%
LOPE	D	0.22%
CASY	D	0.22%
ELF	F	0.21%
BBW	C	0.21%
SHOO	B	0.21%
SMAR	C	0.2%
FIZZ	D	0.2%
WDFC	C	0.2%
PJT	B	0.19%
NUS	F	0.19%
MLI	A	0.19%
TK	C	0.19%
CRVL	B	0.18%
ODP	F	0.18%
EXTR	C	0.18%
SIG	C	0.18%
PLAB	F	0.18%
BBSI	B	0.18%
GWW	B	0.18%
EPAC	B	0.18%
JKHY	B	0.18%
PINS	F	0.17%
MA	B	0.17%
NMIH	B	0.17%
SCS	D	0.17%
OLN	D	0.17%
OXY	F	0.17%
BCC	B	0.16%
BXC	D	0.16%
JBSS	D	0.16%
ROL	C	0.16%
PLMR	C	0.16%
WTS	C	0.16%
YELP	F	0.16%
OXM	F	0.16%
YOU	C	0.15%
GMS	D	0.15%
CSWI	B	0.15%
CHCO	B	0.15%
BOKF	B	0.15%
IDT	C	0.15%
IESC	C	0.15%
ASO	C	0.14%
HCKT	C	0.14%
CUBI	F	0.14%
GIII	C	0.14%
ATEN	C	0.14%
PEGA	C	0.14%
WABC	D	0.14%
WHD	C	0.14%
MOH	D	0.14%
HAE	F	0.13%
HNI	C	0.13%
AAP	F	0.13%
CAL	F	0.13%
FFIV	B	0.13%
AON	B	0.13%
TXG	D	0.12%
MAN	C	0.12%
PRMW	B	0.12%
COKE	C	0.12%
HWKN	C	0.12%
CSGS	C	0.12%
SFIX	D	0.12%
BHF	F	0.12%
RS	D	0.12%
SONO	D	0.12%
BELFB	B	0.12%
CEIX	D	0.12%
MRC	D	0.12%
INDB	C	0.12%
LANC	D	0.12%
SRCE	C	0.11%
FIX	B	0.11%
CMI	C	0.11%
TRIP	F	0.11%
ASC	D	0.11%
BKE	B	0.11%
KAI	C	0.11%
SM	F	0.11%
EGY	D	0.11%
HSY	C	0.11%
TTC	D	0.11%
CATY	C	0.11%
SLVM	B	0.11%
TILE	B	0.11%
PRDO	D	0.1%
CVBF	D	0.1%
WBA	F	0.1%
LZB	C	0.1%
UVE	C	0.1%
MCRI	C	0.1%
CRCT	C	0.1%
SOLV	C	0.1%
FC	D	0.1%
DFIN	B	0.1%
ARLO	F	0.1%
NYT	C	0.1%
MLKN	D	0.1%
ODFL	D	0.1%
CPF	B	0.1%
STRL	B	0.1%
ENPH	D	0.09%
GGG	C	0.09%
NSSC	F	0.09%
BHLB	B	0.09%
PRLB	F	0.09%
CDRE	C	0.09%
VRTS	F	0.09%
PSMT	B	0.09%
IOSP	D	0.09%
BK	B	0.09%
TNC	F	0.09%
KMB	D	0.09%
UAA	C	0.08%
ZEUS	F	0.08%
CARG	B	0.08%
EME	B	0.08%
ATKR	F	0.08%
DAKT	D	0.08%
ETH	D	0.08%
MBUU	D	0.08%
BRKR	D	0.08%
VITL	D	0.08%
PPG	D	0.08%
ANIP	D	0.08%
SEIC	C	0.08%
AEO	F	0.08%
MUSA	D	0.07%
CCRN	F	0.07%
MYE	D	0.07%
CRAI	D	0.07%
POWL	C	0.07%
RDN	C	0.07%
AVAV	C	0.07%
AMAL	B	0.07%
MCO	B	0.07%
CBU	C	0.07%
MCFT	F	0.07%
MTG	B	0.07%
STLD	F	0.07%
CNXN	B	0.07%
EVER	D	0.07%
BMI	A	0.07%
GTLB	D	0.07%
CTS	D	0.06%
OSUR	D	0.06%
WTTR	D	0.06%
RGP	F	0.06%
PDCO	F	0.06%
THRY	D	0.06%
TNK	F	0.06%
APAM	C	0.06%
SUPN	C	0.06%
MYGN	C	0.06%
OEC	F	0.06%
FULT	D	0.06%
CDW	D	0.06%
LPX	B	0.05%
EGBN	C	0.05%
GOLF	D	0.05%
SCHL	D	0.05%
PCRX	F	0.05%
MBIN	D	0.05%
SBSI	B	0.05%
BLD	D	0.05%
FELE	C	0.05%
LYTS	C	0.05%
CHGG	F	0.05%
HY	F	0.05%
ARCH	F	0.05%
ALGN	D	0.05%
SPTN	C	0.05%
AMR	F	0.05%
RMD	C	0.05%
SXC	F	0.04%
YEXT	C	0.04%
EXLS	B	0.04%
CDNA	C	0.04%
DKNG	C	0.04%
REVG	D	0.04%
EYE	F	0.04%
SNA	C	0.04%
SXI	C	0.04%
LSCC	D	0.04%
MOV	F	0.04%
CLW	F	0.04%
INCY	C	0.03%
DUOL	B	0.03%
LKFN	C	0.03%
DHIL	C	0.03%
WNC	F	0.03%
KELYA	D	0.03%
CACC	F	0.03%
ROKU	C	0.03%
DXLG	F	0.03%
OII	D	0.03%
BECN	D	0.03%
OC	D	0.02%
PFBC	D	0.02%
PRTS	F	0.02%
KEYS	C	0.02%
KRNY	C	0.02%
CPRX	A	0.02%
USNA	F	0.02%
TCMD	C	0.02%
ACAD	F	0.02%
RYI	D	0.02%

VFQY Underweight 103 Positions Relative to FFLC

Symbol	Grade	Weight
MSFT	C	-7.7%
UNH	C	-1.72%
XOM	C	-1.49%
BA	F	-1.31%
AMD	D	-1.27%
BSX	B	-1.23%
CMCSA	D	-1.16%
WFC	D	-1.08%
NFLX	B	-1.06%
ETN	C	-1.05%
UBER	C	-1.04%
TMO	B	-1.03%
PH	B	-1.02%
JPM	D	-0.98%
CRM	D	-0.98%
CB	B	-0.97%
INTU	C	-0.92%
PWR	B	-0.92%
GE	B	-0.9%
BAC	D	-0.9%
DHR	B	-0.82%
SO	B	-0.82%
LIN	B	-0.81%
ORCL	C	-0.79%
REGN	C	-0.76%
FCX	D	-0.75%
IR	C	-0.73%
APTV	D	-0.71%
BKR	C	-0.7%
SHOP	C	-0.69%
ON	D	-0.69%
LMT	C	-0.68%
NXPI	F	-0.68%
SYK	C	-0.67%
HWM	B	-0.67%
JBL	D	-0.67%
GNRC	D	-0.66%
CEG	C	-0.66%
VST	C	-0.65%
KDP	B	-0.63%
MS	D	-0.6%
NOC	B	-0.6%
SLB	F	-0.6%
TSM	C	-0.58%
DIS	D	-0.57%
PFGC	B	-0.57%
ADI	C	-0.55%
MMC	C	-0.53%
CI	C	-0.52%
FLEX	C	-0.52%
LNG	C	-0.51%
CNC	D	-0.51%
ABNB	D	-0.5%
CE	F	-0.49%
HLT	B	-0.49%
MLM	D	-0.48%
CLX	C	-0.47%
AZN	D	-0.47%
BWXT	D	-0.45%
CSCO	C	-0.44%
WDAY	D	-0.44%
DT	C	-0.43%
KBR	D	-0.42%
ESI	D	-0.42%
CMG	C	-0.42%
ARES	B	-0.41%
FCN	D	-0.41%
ITT	B	-0.39%
LEN	B	-0.39%
CBRE	A	-0.39%
FOUR	C	-0.39%
EDR	A	-0.37%
URI	B	-0.37%
GS	C	-0.33%
WSC	D	-0.32%
HLI	B	-0.32%
TRNO	C	-0.32%
HES	F	-0.32%
FTI	D	-0.29%
MDB	D	-0.27%
CHDN	C	-0.27%
GLPI	C	-0.26%
TT	B	-0.26%
ASML	F	-0.25%
NVO	C	-0.25%
FSLR	C	-0.25%
AR	F	-0.24%
ACGL	C	-0.24%
FND	C	-0.24%
WST	D	-0.22%
STZ	D	-0.2%
WNS	F	-0.19%
ESS	B	-0.18%
FAF	B	-0.18%
OI	D	-0.17%
NFE	F	-0.16%
OWL	C	-0.16%
MU	F	-0.14%
MASI	F	-0.12%
AGL	F	-0.12%
LEGN	F	-0.12%
LFST	C	-0.06%
MRVL	C	-0.04%