VLUE vs. FDWM ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to Fidelity Women's Leadership ETF (FDWM)

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$108.37

Average Daily Volume

287,942

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

FDWM

Fidelity Women's Leadership ETF

FDWM Description

The investment seeks long-term growth of capital. The Advisor normally invests at least 80% of assets in equity securities of companies that prioritize and advance women's leadership and development. The Adviser may invest the fund's assets in securities of foreign issuers in addition to securities of domestic issuers. The fund may invest a significant percentage of its assets in relatively few companies and may invest up to 25% in a single company. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.06

Average Daily Volume

500

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	FDWM
30 Days	2.72%	2.20%
60 Days	0.72%	2.05%
90 Days	5.01%	3.76%
12 Months	20.95%	27.87%

17 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in FDWM	Overlap
BAC	D	1.95%	1.17%	1.17%
BBY	C	0.42%	0.57%	0.42%
BG	D	0.22%	0.53%	0.22%
C	D	1.57%	1.05%	1.05%
CI	C	1.62%	1.76%	1.62%
CNC	C	0.78%	1.19%	0.78%
ELV	C	1.4%	0.97%	0.97%
EMN	B	0.11%	0.59%	0.11%
EQT	D	0.23%	0.51%	0.23%
FDX	F	1.2%	0.88%	0.88%
FSLR	C	0.47%	0.88%	0.47%
GM	B	3.06%	0.72%	0.72%
HBAN	B	0.15%	0.68%	0.15%
HIG	B	0.24%	1.31%	0.24%
LDOS	B	0.19%	0.86%	0.19%
NXPI	D	1.24%	1.26%	1.24%
USB	B	0.45%	0.57%	0.45%

VLUE Overweight 131 Positions Relative to FDWM

Symbol	Grade	Weight
T	C	6.04%
CSCO	B	5.84%
IBM	A	4.24%
VZ	B	3.25%
INTC	F	3.09%
AMAT	D	2.77%
PFE	C	2.56%
RTX	C	1.86%
DHI	C	1.77%
LEN	C	1.72%
F	F	1.71%
CVS	F	1.67%
MO	C	1.44%
WFC	D	1.43%
BMY	C	1.42%
GILD	B	1.27%
GS	C	1.21%
SPG	A	1.2%
HPE	D	1.19%
CTSH	C	1.15%
HPQ	D	1.13%
PHM	B	1.06%
GLW	B	1.05%
TEL	D	1.05%
KHC	C	0.88%
ON	F	0.78%
VLO	F	0.78%
DELL	C	0.77%
ADM	D	0.77%
KR	C	0.76%
URI	B	0.71%
WBD	D	0.68%
PCAR	D	0.67%
PCG	B	0.62%
FANG	D	0.61%
WY	C	0.6%
SWKS	F	0.59%
JCI	B	0.55%
NTAP	D	0.54%
COF	A	0.52%
LHX	C	0.52%
CMI	C	0.52%
AIG	D	0.51%
TFC	D	0.51%
D	B	0.5%
NUE	F	0.46%
MET	A	0.45%
PRU	C	0.44%
TSN	D	0.44%
VTRS	D	0.43%
BK	A	0.43%
MRO	C	0.42%
ZM	C	0.41%
BLDR	C	0.39%
GEN	B	0.39%
JNPR	A	0.37%
EXPE	C	0.37%
FFIV	B	0.35%
TAP	D	0.35%
PPL	B	0.33%
CTRA	D	0.33%
OC	D	0.32%
OVV	F	0.31%
QRVO	F	0.31%
FOXA	B	0.3%
WAB	A	0.29%
CAG	C	0.29%
DOW	D	0.28%
VST	A	0.28%
JBL	D	0.27%
PARA	F	0.27%
EVRG	B	0.27%
SJM	C	0.26%
LYB	F	0.26%
MTB	A	0.26%
SSNC	B	0.26%
LKQ	F	0.26%
TXT	D	0.26%
HST	C	0.25%
ES	C	0.25%
CFG	C	0.24%
STT	B	0.24%
LH	C	0.24%
WBA	F	0.24%
STLD	D	0.23%
RPRX	D	0.22%
AZPN	B	0.22%
UHS	B	0.22%
UTHR	C	0.22%
TWLO	C	0.22%
GPN	D	0.22%
ATO	B	0.22%
MAA	C	0.21%
FITB	B	0.2%
SNA	C	0.19%
KNX	D	0.19%
DGX	C	0.19%
APTV	D	0.18%
RF	B	0.18%
SYF	C	0.18%
MOS	F	0.18%
EG	C	0.18%
DINO	F	0.18%
DAL	C	0.18%
IP	C	0.17%
CNH	D	0.17%
APA	F	0.17%
FOX	B	0.16%
AKAM	D	0.16%
CHK	D	0.16%
CF	C	0.15%
SOLV	C	0.15%
CPT	B	0.14%
SWK	B	0.13%
ACI	F	0.13%
L	D	0.13%
UHAL	B	0.13%
FBIN	B	0.13%
HII	D	0.13%
KEY	B	0.12%
SW	C	0.12%
NLY	B	0.12%
LUV	C	0.11%
FCNCA	D	0.1%
EQH	C	0.1%
DVA	B	0.09%
ALLY	D	0.09%
FNF	B	0.09%
BIO	C	0.06%
BEN	F	0.06%
WLK	D	0.05%

VLUE Underweight 84 Positions Relative to FDWM

Symbol	Grade	Weight
AMZN	C	-4.37%
AAPL	C	-4.14%
MSFT	C	-3.68%
NVDA	D	-3.24%
GOOG	D	-2.8%
ACN	C	-1.96%
DIS	D	-1.95%
HOLX	C	-1.82%
CRM	D	-1.59%
JPM	D	-1.57%
PGR	A	-1.51%
ADBE	F	-1.46%
ANET	A	-1.32%
CDW	D	-1.23%
HUBS	D	-1.17%
NEE	C	-1.16%
BKR	C	-1.15%
AMD	D	-1.08%
MA	B	-1.06%
MRVL	C	-1.04%
VTR	C	-1.02%
MMC	C	-0.97%
PODD	B	-0.95%
NVT	D	-0.95%
MU	F	-0.95%
INTU	C	-0.92%
TMHC	B	-0.91%
NDAQ	A	-0.91%
ALNY	C	-0.9%
WEX	C	-0.89%
SWX	C	-0.87%
DE	B	-0.85%
LOW	A	-0.85%
FSS	D	-0.82%
NSIT	C	-0.82%
PH	A	-0.8%
FIS	B	-0.78%
ETSY	F	-0.77%
UPS	F	-0.76%
HLT	B	-0.75%
ZTS	C	-0.74%
ICLR	D	-0.72%
CBT	B	-0.72%
GEV	B	-0.7%
MRK	D	-0.7%
RRX	C	-0.7%
AR	D	-0.69%
CLX	C	-0.69%
OTIS	C	-0.67%
OXY	F	-0.67%
BALL	C	-0.67%
SAIC	C	-0.66%
VRTX	D	-0.65%
GSK	D	-0.65%
RUN	C	-0.64%
OLED	C	-0.63%
SUM	D	-0.63%
WSM	D	-0.62%
NFLX	B	-0.61%
CE	F	-0.61%
SBUX	C	-0.61%
AMN	F	-0.59%
EL	F	-0.58%
ETN	C	-0.56%
ATI	D	-0.54%
MRNA	F	-0.53%
WRBY	D	-0.53%
HSY	D	-0.53%
MAN	C	-0.51%
MTN	D	-0.47%
ELF	F	-0.45%
TPR	C	-0.45%
ULTA	D	-0.44%
VLTO	B	-0.42%
EXAS	C	-0.42%
ARCB	F	-0.41%
PINS	F	-0.4%
PDFS	D	-0.34%
GAP	F	-0.27%
SEDG	F	-0.27%
RDUS	D	-0.25%
ZLAB	C	-0.25%
NKE	D	-0.24%
SAGE	F	-0.13%