ACVF vs. FQAL ETF Comparison

Comparison of American Conservative Values ETF (ACVF) to Fidelity Quality Factor ETF (FQAL)

ACVF

American Conservative Values ETF

ACVF Description

The investment seeks to achieve long-term capital appreciation; capital preservation is the secondary objective. Under normal circumstances, the fund seeks to meet its investment objective by investing at least 80% of its net assets, plus borrowings for investment purposes, if any, in equity securities of U.S. companies that meet its politically conservative criteria. The equity securities in which It invests will generally be those of companies with large market capitalizations.

Grade (RS Rating)

Last Trade

$45.63

Average Daily Volume

7,781

Number of Holdings ^*

363

* 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

$67.19

Average Daily Volume

29,912

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	ACVF	FQAL
30 Days	3.66%	2.60%
60 Days	5.20%	4.35%
90 Days	6.60%	5.86%
12 Months	31.26%	30.56%

86 Overlapping Holdings

Symbol	Grade	Weight in ACVF	Weight in FQAL	Overlap
ABBV	D	0.77%	1.14%	0.77%
ABNB	C	0.37%	0.75%	0.37%
ACN	C	0.88%	1.05%	0.88%
ADBE	C	0.98%	0.97%	0.97%
ADP	B	0.38%	0.64%	0.38%
AMAT	F	0.52%	0.77%	0.52%
AME	A	0.07%	0.52%	0.07%
AMP	A	0.2%	0.92%	0.2%
AMT	D	0.19%	0.27%	0.19%
AVB	B	0.06%	0.19%	0.06%
AVGO	D	2.01%	2.0%	2.0%
AZO	C	0.28%	0.75%	0.28%
BKNG	A	0.94%	1.21%	0.94%
BMY	B	0.35%	1.02%	0.35%
BX	A	0.42%	1.05%	0.42%
CAT	B	0.51%	0.77%	0.51%
CEG	D	0.08%	0.36%	0.08%
CL	D	0.21%	0.36%	0.21%
CME	A	0.45%	0.85%	0.45%
COP	C	0.22%	0.41%	0.22%
COST	B	1.72%	1.01%	1.01%
CPRT	A	0.54%	0.48%	0.48%
CSX	B	0.19%	0.49%	0.19%
CTAS	B	0.4%	0.55%	0.4%
CVX	A	0.73%	0.68%	0.68%
DPZ	C	0.04%	0.69%	0.04%
ECL	D	0.16%	0.24%	0.16%
EOG	A	0.13%	0.32%	0.13%
EQR	B	0.06%	0.17%	0.06%
EXR	D	0.01%	0.19%	0.01%
FAST	B	0.11%	0.53%	0.11%
FCX	D	0.18%	0.24%	0.18%
FICO	B	0.38%	0.96%	0.38%
GILD	C	0.09%	1.0%	0.09%
GRMN	B	0.46%	0.86%	0.46%
GWW	B	0.11%	0.55%	0.11%
HD	A	1.77%	1.5%	1.5%
HSY	F	0.05%	0.25%	0.05%
IDXX	F	0.04%	0.67%	0.04%
ITW	B	0.14%	0.54%	0.14%
KLAC	D	0.3%	0.64%	0.3%
KMB	D	0.08%	0.31%	0.08%
LIN	D	0.85%	0.52%	0.52%
LLY	F	1.48%	1.72%	1.48%
LMT	D	0.34%	0.56%	0.34%
LRCX	F	0.39%	0.67%	0.39%
MA	C	1.7%	1.48%	1.48%
MCD	D	1.0%	1.11%	1.0%
MCO	B	0.42%	0.76%	0.42%
MDLZ	F	0.65%	0.38%	0.38%
MMM	D	0.09%	0.5%	0.09%
MNST	C	0.19%	0.31%	0.19%
MO	A	0.23%	0.44%	0.23%
MSCI	C	0.06%	0.75%	0.06%
MSFT	F	4.56%	6.3%	4.56%
MTD	D	0.0%	0.58%	0.0%
NEE	D	0.51%	0.47%	0.47%
NUE	C	0.09%	0.18%	0.09%
NVDA	C	7.98%	7.24%	7.24%
O	D	0.02%	0.21%	0.02%
ODFL	B	0.08%	0.45%	0.08%
ORLY	B	0.48%	0.84%	0.48%
OTIS	C	0.05%	0.45%	0.05%
PANW	C	0.48%	0.96%	0.48%
PAYX	C	0.13%	0.49%	0.13%
PG	A	1.53%	0.98%	0.98%
PLD	D	0.33%	0.3%	0.3%
PM	B	0.58%	0.63%	0.58%
PSA	D	0.15%	0.23%	0.15%
QCOM	F	0.52%	0.91%	0.52%
SBAC	D	0.02%	0.16%	0.02%
SHW	A	0.21%	0.3%	0.21%
SO	D	0.75%	0.36%	0.36%
SPG	B	0.08%	0.25%	0.08%
SPGI	C	0.62%	0.92%	0.62%
T	A	0.18%	0.57%	0.18%
TDG	D	0.12%	0.49%	0.12%
UNP	C	0.38%	0.61%	0.38%
VEEV	C	0.04%	0.84%	0.04%
VRSK	A	0.32%	0.46%	0.32%
VRTX	F	0.31%	0.86%	0.31%
WEC	A	0.05%	0.26%	0.05%
WMB	A	0.09%	0.34%	0.09%
XOM	B	1.46%	1.16%	1.16%
YUM	B	0.04%	0.72%	0.04%
ZTS	D	0.16%	0.81%	0.16%

ACVF Overweight 277 Positions Relative to FQAL

Symbol	Grade	Weight
BRK.A	B	2.76%
TSLA	B	1.92%
CSCO	B	1.59%
ORCL	B	1.18%
TMUS	B	1.05%
NOW	A	0.95%
INTU	C	0.92%
PEP	F	0.9%
TJX	A	0.88%
MSI	B	0.83%
FI	A	0.79%
ANET	C	0.7%
WFC	A	0.7%
MRK	F	0.65%
ISRG	A	0.62%
ETN	A	0.61%
CI	F	0.58%
TXN	C	0.56%
AMD	F	0.55%
TMO	F	0.52%
UBER	D	0.51%
ABT	B	0.51%
SNPS	B	0.5%
DHR	F	0.49%
MAR	B	0.48%
SPOT	B	0.48%
HON	B	0.47%
ROP	B	0.46%
CDNS	B	0.46%
C	A	0.45%
GE	D	0.45%
RTX	C	0.44%
WM	A	0.44%
ADI	D	0.44%
CHTR	C	0.43%
DE	A	0.39%
CB	C	0.38%
RSG	A	0.38%
ICE	C	0.38%
AMGN	D	0.37%
VRSN	F	0.35%
ELV	F	0.34%
DFS	B	0.34%
MS	A	0.33%
EXPE	B	0.33%
PNC	B	0.33%
MU	D	0.32%
DASH	A	0.32%
INTC	D	0.32%
ROST	C	0.31%
SYK	C	0.31%
OMC	C	0.3%
ADSK	A	0.3%
MDT	D	0.29%
BSX	B	0.29%
MCK	B	0.28%
EA	A	0.28%
MPC	D	0.28%
MMC	B	0.26%
USB	A	0.26%
MET	A	0.25%
CTSH	B	0.25%
EQIX	A	0.24%
HPE	B	0.23%
REGN	F	0.22%
KKR	A	0.22%
GEV	B	0.21%
EMR	A	0.21%
ZBRA	B	0.21%
UPS	C	0.21%
TTWO	A	0.21%
WDAY	B	0.21%
FFIV	B	0.21%
TFC	A	0.2%
JCI	C	0.2%
APH	A	0.2%
IPG	D	0.19%
SCHW	B	0.19%
PH	A	0.19%
TSCO	D	0.19%
IT	C	0.19%
ANSS	B	0.18%
HUM	C	0.18%
HLT	A	0.18%
TT	A	0.18%
GPN	B	0.18%
NOC	D	0.18%
CBOE	B	0.18%
RBA	A	0.17%
APD	A	0.17%
CVS	D	0.17%
STZ	D	0.17%
BA	F	0.17%
AON	A	0.17%
FTNT	C	0.17%
NXPI	D	0.17%
MANH	D	0.16%
CRWD	B	0.16%
CMI	A	0.16%
JBL	B	0.16%
COF	B	0.16%
SLB	C	0.15%
HPQ	B	0.15%
FDX	B	0.15%
LAD	A	0.14%
LHX	C	0.14%
FOXA	B	0.14%
PCAR	B	0.14%
BDX	F	0.14%
CBRE	B	0.14%
BLDR	D	0.14%
NWS	B	0.13%
DUK	C	0.13%
COR	B	0.13%
FIS	C	0.13%
FITB	A	0.12%
SKX	D	0.12%
WELL	A	0.12%
F	C	0.12%
FOX	A	0.12%
NWSA	B	0.12%
KMI	A	0.11%
DLR	B	0.11%
DHI	D	0.11%
PINS	D	0.1%
CCI	D	0.1%
STT	A	0.1%
LYV	A	0.1%
CTVA	C	0.1%
RCL	A	0.1%
RJF	A	0.09%
OKE	A	0.09%
LEN	D	0.09%
OXY	D	0.09%
HCA	F	0.09%
EBAY	D	0.09%
RKT	F	0.09%
NTRS	A	0.08%
GLW	B	0.08%
BKR	B	0.08%
GD	F	0.08%
EW	C	0.08%
RF	A	0.08%
MGM	D	0.08%
PEG	A	0.08%
WTW	B	0.08%
PPG	F	0.07%
CAH	B	0.07%
BK	A	0.07%
GEHC	F	0.07%
NEM	D	0.07%
GIS	D	0.07%
CFG	B	0.07%
IP	B	0.07%
WAB	B	0.07%
EFX	F	0.07%
VLTO	D	0.07%
ADM	D	0.07%
XEL	A	0.07%
HIG	B	0.07%
TROW	B	0.07%
IR	B	0.07%
CARR	D	0.07%
IQV	D	0.07%
GPC	D	0.06%
BALL	D	0.06%
UAL	A	0.06%
KEYS	A	0.06%
BBY	D	0.06%
CNC	D	0.06%
ETSY	D	0.06%
LUV	C	0.06%
EIX	B	0.06%
AFL	B	0.06%
MCHP	D	0.06%
KSS	F	0.06%
A	D	0.06%
DRI	B	0.06%
BR	A	0.06%
DG	F	0.06%
UAA	C	0.06%
UA	C	0.06%
AAL	B	0.06%
TRV	B	0.05%
FTV	C	0.05%
AIG	B	0.05%
FE	C	0.05%
CHD	B	0.05%
HBAN	A	0.05%
ALL	A	0.05%
CDW	F	0.05%
DD	D	0.05%
NSC	B	0.05%
DXCM	D	0.05%
ILMN	D	0.05%
TYL	B	0.05%
LVS	C	0.05%
HAL	C	0.05%
AJG	B	0.05%
CINF	A	0.05%
KHC	F	0.05%
KEY	B	0.04%
L	A	0.04%
KR	B	0.04%
HES	B	0.04%
J	F	0.04%
APTV	D	0.04%
AMCR	D	0.04%
RMD	C	0.04%
DTE	C	0.04%
EXPD	D	0.04%
PKG	A	0.04%
STX	D	0.04%
ES	D	0.04%
WY	D	0.04%
LH	C	0.04%
LYB	F	0.04%
PRU	A	0.04%
ROK	B	0.03%
VMC	B	0.03%
CNP	B	0.03%
MKC	D	0.03%
TPR	B	0.03%
BWA	D	0.03%
EL	F	0.03%
DLTR	F	0.03%
D	C	0.03%
PWR	A	0.03%
CHRW	C	0.03%
ZBH	C	0.03%
PFG	D	0.03%
POOL	C	0.03%
DOW	F	0.03%
SYY	B	0.03%
EXC	C	0.03%
AEP	D	0.03%
VTR	C	0.03%
ULTA	F	0.03%
PHM	D	0.03%
SRE	A	0.03%
IFF	D	0.02%
JBHT	C	0.02%
BIIB	F	0.02%
PVH	C	0.02%
MOS	F	0.02%
RL	B	0.02%
HST	C	0.02%
ARE	D	0.02%
PAYC	B	0.02%
LKQ	D	0.02%
WBA	F	0.02%
HOLX	D	0.02%
INCY	C	0.02%
XYL	D	0.02%
SW	A	0.02%
WYNN	D	0.02%
AWK	D	0.02%
MKTX	D	0.02%
BBWI	D	0.02%
FMC	D	0.01%
CE	F	0.01%
AES	F	0.01%
AEE	A	0.01%
AAP	C	0.01%
SLVM	B	0.01%
ED	D	0.01%
PHIN	A	0.01%
ALB	C	0.01%
HAS	D	0.01%
BEN	C	0.01%
SYF	B	0.01%
SOLV	C	0.01%
CLX	B	0.01%
MAA	B	0.01%
EMBC	C	0.0%
FTRE	D	0.0%
IVZ	B	0.0%

ACVF Underweight 38 Positions Relative to FQAL

Symbol	Grade	Weight
AAPL	C	-6.62%
GOOGL	C	-3.69%
META	D	-2.51%
V	A	-1.61%
JNJ	D	-1.35%
LOW	D	-1.02%
PGR	A	-1.0%
NFLX	A	-0.97%
CPAY	A	-0.82%
EWBC	A	-0.78%
CFR	B	-0.77%
JXN	C	-0.74%
ACGL	D	-0.71%
CBSH	A	-0.71%
KO	D	-0.66%
KNSL	B	-0.65%
QLYS	C	-0.64%
WSM	B	-0.63%
MEDP	D	-0.57%
VZ	C	-0.56%
VST	B	-0.43%
TTD	B	-0.41%
TPL	A	-0.31%
LNG	B	-0.28%
NRG	B	-0.27%
NFG	A	-0.2%
AM	A	-0.19%
UGI	A	-0.19%
MLM	B	-0.19%
WHD	B	-0.18%
VICI	C	-0.18%
RS	B	-0.17%
CF	B	-0.17%
ESS	B	-0.16%
EXP	A	-0.16%
RGLD	C	-0.15%
AVY	D	-0.15%
GLPI	C	-0.14%