VUSE vs. FDLO ETF Comparison

Comparison of Vident Core US Equity ETF (VUSE) to Fidelity Low Volatility Factor ETF (FDLO)

VUSE

Vident Core US Equity ETF

VUSE Description

The investment seeks to track the price and total return performance, before fees and expenses, of the Vident Core U.S. Equity Index (the "Strategy Index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the Strategy Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Strategy Index construction begins by establishing an initial universe of U.S. equity securities of companies with a market capitalization greater than $500 million and meeting certain minimum liquidity requirements.

Grade (RS Rating)

Last Trade

$60.90

Average Daily Volume

12,254

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

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

Grade (RS Rating)

Last Trade

$62.01

Average Daily Volume

73,601

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	VUSE	FDLO
30 Days	4.01%	-0.23%
60 Days	7.07%	1.39%
90 Days	8.95%	3.55%
12 Months	25.76%	21.09%

36 Overlapping Holdings

Symbol	Grade	Weight in VUSE	Weight in FDLO	Overlap
AAPL	C	1.87%	7.26%	1.87%
ABBV	F	1.01%	0.98%	0.98%
ADP	A	1.02%	0.66%	0.66%
AMZN	C	2.68%	3.92%	2.68%
CMCSA	B	0.13%	0.95%	0.13%
CVX	A	2.02%	0.69%	0.69%
EA	A	0.52%	0.72%	0.52%
ECL	D	1.16%	0.24%	0.24%
EOG	A	0.43%	0.32%	0.32%
ERIE	D	0.5%	0.45%	0.45%
FAST	B	0.56%	0.54%	0.54%
GOOGL	C	0.96%	4.12%	0.96%
HD	B	2.05%	1.19%	1.19%
ITW	B	0.72%	0.56%	0.56%
JKHY	D	0.41%	0.51%	0.41%
JNJ	C	1.76%	1.18%	1.18%
JPM	A	2.09%	1.89%	1.89%
KO	D	1.56%	0.66%	0.66%
LLY	F	0.81%	1.57%	0.81%
MA	B	2.08%	1.34%	1.34%
MCD	D	0.94%	0.8%	0.8%
MRK	D	1.49%	0.88%	0.88%
MSFT	D	1.8%	6.93%	1.8%
MSI	B	1.33%	1.49%	1.33%
NKE	F	0.5%	0.56%	0.5%
ORCL	A	2.4%	2.01%	2.01%
PAYX	B	0.51%	0.51%	0.51%
PG	C	1.2%	0.99%	0.99%
SBUX	A	0.98%	0.7%	0.7%
SHW	B	0.93%	0.3%	0.3%
T	A	1.1%	0.99%	0.99%
TJX	A	0.93%	0.65%	0.65%
TMUS	B	0.78%	0.97%	0.78%
V	A	2.17%	1.47%	1.47%
WMT	A	2.06%	0.95%	0.95%
XOM	B	1.89%	1.17%	1.17%

VUSE Overweight 90 Positions Relative to FDLO

Symbol	Grade	Weight
BAC	A	1.97%
NVDA	B	1.84%
AVGO	D	1.72%
BKNG	A	1.54%
NFLX	A	1.44%
CMG	B	1.25%
SNPS	B	1.16%
MAR	A	1.12%
UBER	F	1.11%
RDDT	A	1.04%
AMAT	F	1.02%
MO	A	1.0%
META	D	0.97%
POWL	C	0.87%
ADBE	C	0.83%
FTNT	C	0.81%
IDCC	B	0.8%
COST	A	0.78%
EME	A	0.77%
AMP	A	0.75%
IESC	C	0.74%
AYI	B	0.74%
PIPR	A	0.73%
SYK	B	0.73%
CAT	B	0.72%
CORT	B	0.7%
JXN	C	0.69%
KLAC	F	0.69%
FICO	B	0.69%
EQH	C	0.66%
WDAY	B	0.66%
NOW	A	0.65%
AMR	C	0.64%
CVLT	B	0.64%
ZTS	D	0.64%
EXEL	B	0.63%
PLTR	B	0.6%
EPAC	C	0.6%
CTAS	B	0.59%
NRG	B	0.58%
NYT	D	0.56%
GWW	B	0.56%
BOX	B	0.55%
PLMR	A	0.54%
UTHR	C	0.54%
TDG	D	0.52%
VST	A	0.5%
RMD	C	0.5%
LSCC	D	0.5%
ODFL	C	0.5%
IT	C	0.5%
CASH	B	0.48%
YELP	C	0.48%
MSCI	C	0.48%
RMBS	B	0.47%
TREX	C	0.47%
DBRG	F	0.46%
QLYS	B	0.46%
JLL	D	0.46%
PLAB	C	0.46%
MTG	C	0.46%
SHO	D	0.45%
DFIN	D	0.42%
BSX	A	0.41%
MTD	F	0.39%
ANET	C	0.38%
CRUS	D	0.37%
ON	D	0.37%
A	D	0.36%
MANH	D	0.35%
OTTR	C	0.35%
CSL	C	0.35%
CRWD	B	0.31%
DOCU	B	0.29%
HCC	B	0.27%
PANW	B	0.26%
ACLS	F	0.26%
NSSC	D	0.25%
DBX	B	0.24%
BMI	B	0.23%
VRSK	A	0.22%
TRIP	F	0.21%
PINS	F	0.2%
AOS	F	0.19%
MEDP	D	0.18%
APPF	B	0.15%
SPG	A	0.14%
ABNB	C	0.14%
PSTG	D	0.13%
SEIC	B	0.11%

VUSE Underweight 89 Positions Relative to FDLO

Symbol	Grade	Weight
BRK.A	B	-2.13%
CSCO	B	-1.77%
ACN	B	-1.6%
UNH	B	-1.55%
IBM	C	-1.54%
TXN	C	-1.48%
ROP	B	-1.21%
TYL	B	-1.19%
VRSN	C	-1.08%
DOX	D	-1.08%
AKAM	D	-1.03%
VZ	C	-0.93%
ABT	B	-0.9%
PGR	A	-0.84%
TMO	F	-0.78%
CB	C	-0.72%
ETN	A	-0.72%
LOW	C	-0.71%
AMGN	F	-0.71%
HON	C	-0.7%
VRTX	D	-0.69%
TRV	B	-0.69%
CME	B	-0.69%
MMC	B	-0.67%
UNP	C	-0.63%
PEP	F	-0.62%
PM	B	-0.62%
AJG	A	-0.61%
AIZ	A	-0.61%
BDX	F	-0.6%
FDS	B	-0.59%
LMT	D	-0.58%
WRB	A	-0.56%
WM	B	-0.55%
CBOE	C	-0.55%
LIN	C	-0.53%
ORLY	B	-0.53%
GRMN	B	-0.51%
REGN	F	-0.5%
NOC	D	-0.5%
GD	D	-0.49%
LHX	C	-0.49%
OTIS	C	-0.47%
AZO	C	-0.47%
RSG	A	-0.47%
TSCO	D	-0.46%
BAH	F	-0.43%
COP	C	-0.41%
J	D	-0.39%
SO	C	-0.37%
MDLZ	F	-0.37%
CL	D	-0.35%
DUK	C	-0.35%
WMB	A	-0.34%
FCN	F	-0.34%
EQIX	A	-0.31%
XEL	A	-0.3%
KMB	C	-0.3%
KMI	A	-0.3%
HII	F	-0.29%
AMT	C	-0.29%
GIS	D	-0.28%
LNG	A	-0.28%
AEP	C	-0.28%
WEC	A	-0.27%
APD	A	-0.27%
AEE	A	-0.26%
DLR	B	-0.26%
PSA	C	-0.25%
ED	C	-0.25%
CMS	C	-0.24%
HSY	F	-0.24%
DTM	A	-0.23%
O	C	-0.22%
CCI	C	-0.21%
VMC	B	-0.2%
CTVA	C	-0.2%
PKG	A	-0.19%
MLM	C	-0.19%
CTRA	B	-0.19%
CSGP	D	-0.18%
MAA	B	-0.18%
EQR	C	-0.18%
ADC	A	-0.16%
AMH	C	-0.16%
ELS	C	-0.16%
ATR	B	-0.16%
AMCR	C	-0.15%
AVY	F	-0.14%