AFLG vs. FDLO ETF Comparison

Comparison of Active Factor Large Cap ETF (AFLG) to Fidelity Low Volatility Factor ETF (FDLO)

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.73

Average Daily Volume

35,934

Number of Holdings ^*

248

* 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

$61.98

Average Daily Volume

74,193

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	AFLG	FDLO
30 Days	4.50%	0.81%
60 Days	5.60%	1.49%
90 Days	7.89%	4.05%
12 Months	37.65%	21.68%

53 Overlapping Holdings

Symbol	Grade	Weight in AFLG	Weight in FDLO	Overlap
AAPL	C	7.06%	7.26%	7.06%
ABBV	D	0.82%	0.98%	0.82%
ACN	C	0.22%	1.6%	0.22%
AIZ	A	0.16%	0.61%	0.16%
AMCR	D	0.04%	0.15%	0.04%
AMZN	C	1.78%	3.92%	1.78%
AZO	C	0.17%	0.47%	0.17%
BAH	F	0.17%	0.43%	0.17%
BRK.A	B	1.57%	2.13%	1.57%
CBOE	B	0.38%	0.55%	0.38%
CL	D	0.58%	0.35%	0.35%
CMCSA	B	0.55%	0.95%	0.55%
CME	A	0.23%	0.69%	0.23%
CSCO	B	0.44%	1.77%	0.44%
CVX	A	0.45%	0.69%	0.45%
EA	A	0.32%	0.72%	0.32%
ECL	D	0.52%	0.24%	0.24%
ED	D	0.25%	0.25%	0.25%
EQR	B	0.1%	0.18%	0.1%
ERIE	D	0.24%	0.45%	0.24%
ETN	A	0.55%	0.72%	0.55%
GOOGL	C	2.04%	4.12%	2.04%
GRMN	B	0.41%	0.51%	0.41%
IBM	C	0.44%	1.54%	0.44%
J	F	0.08%	0.39%	0.08%
JNJ	D	0.7%	1.18%	0.7%
KMB	D	0.05%	0.3%	0.05%
KO	D	0.33%	0.66%	0.33%
LLY	F	0.42%	1.57%	0.42%
LMT	D	0.34%	0.58%	0.34%
LOW	D	0.31%	0.71%	0.31%
MA	C	0.21%	1.34%	0.21%
MAA	B	0.47%	0.18%	0.18%
MRK	F	0.62%	0.88%	0.62%
MSFT	F	4.6%	6.93%	4.6%
MSI	B	0.39%	1.49%	0.39%
ORLY	B	0.06%	0.53%	0.06%
PG	A	0.84%	0.99%	0.84%
PGR	A	0.73%	0.84%	0.73%
PKG	A	0.36%	0.19%	0.19%
PM	B	0.35%	0.62%	0.35%
PSA	D	0.05%	0.25%	0.05%
SHW	A	0.19%	0.3%	0.19%
SO	D	0.13%	0.37%	0.13%
T	A	0.18%	0.99%	0.18%
TJX	A	0.38%	0.65%	0.38%
TMUS	B	0.35%	0.97%	0.35%
UNH	C	0.27%	1.55%	0.27%
V	A	0.3%	1.47%	0.3%
VRSN	F	0.21%	1.08%	0.21%
VZ	C	0.49%	0.93%	0.49%
WMT	A	0.61%	0.95%	0.61%
XOM	B	0.74%	1.17%	0.74%

AFLG Overweight 195 Positions Relative to FDLO

Symbol	Grade	Weight
NVDA	C	5.45%
META	D	1.8%
APP	B	1.29%
AVGO	D	1.27%
VST	B	1.26%
HIG	B	1.11%
MO	A	0.99%
NFLX	A	0.91%
COST	B	0.9%
UHS	D	0.89%
QCOM	F	0.88%
NRG	B	0.81%
FICO	B	0.8%
RL	B	0.79%
AFL	B	0.75%
BK	A	0.73%
CTAS	B	0.7%
EME	C	0.68%
BSX	B	0.68%
ELV	F	0.67%
RS	B	0.66%
SNA	A	0.63%
NTAP	C	0.63%
CEG	D	0.62%
FFIV	B	0.6%
CRM	B	0.59%
BMY	B	0.58%
APH	A	0.58%
SPG	B	0.58%
PEG	A	0.57%
COR	B	0.57%
GILD	C	0.57%
CAT	B	0.56%
MMM	D	0.55%
GDDY	A	0.55%
FOXA	B	0.55%
MCK	B	0.53%
PHM	D	0.52%
FE	C	0.52%
CMI	A	0.51%
MAS	D	0.5%
HPQ	B	0.49%
TT	A	0.49%
STLD	B	0.47%
BBY	D	0.47%
NVR	D	0.47%
TPR	B	0.47%
KR	B	0.47%
HWM	A	0.46%
CTSH	B	0.45%
VICI	C	0.44%
GLPI	C	0.42%
CF	B	0.42%
CNA	B	0.42%
WSM	B	0.41%
AXP	A	0.41%
ICE	C	0.4%
PCAR	B	0.39%
CSL	C	0.39%
HSIC	B	0.39%
IBKR	A	0.39%
WAB	B	0.38%
AOS	F	0.38%
NUE	C	0.37%
HST	C	0.37%
HLT	A	0.36%
TRGP	B	0.36%
FIS	C	0.36%
RHI	B	0.36%
OC	A	0.36%
AMAT	F	0.34%
IP	B	0.34%
BLDR	D	0.33%
WELL	A	0.32%
CMG	B	0.32%
DHI	D	0.32%
LEN	D	0.32%
ADBE	C	0.31%
VLO	C	0.31%
BRO	B	0.3%
EVRG	A	0.29%
RF	A	0.29%
WU	D	0.29%
SYF	B	0.29%
DVN	F	0.29%
AIG	B	0.28%
VSCO	B	0.28%
DECK	A	0.28%
BKNG	A	0.28%
CFG	B	0.27%
OGN	D	0.27%
MANH	D	0.25%
SOLV	C	0.25%
MTCH	D	0.25%
LII	A	0.25%
FDX	B	0.24%
EIX	B	0.23%
ZM	B	0.23%
PH	A	0.23%
KEYS	A	0.22%
INCY	C	0.22%
VTR	C	0.21%
ALNY	D	0.21%
WPC	D	0.21%
EXPE	B	0.21%
NWSA	B	0.2%
GWW	B	0.2%
TROW	B	0.2%
SWKS	F	0.2%
PPG	F	0.19%
CNC	D	0.19%
CVS	D	0.18%
JBL	B	0.18%
L	A	0.18%
HUM	C	0.17%
BEN	C	0.17%
ACGL	D	0.17%
TOL	B	0.16%
AMP	A	0.16%
GL	B	0.16%
LKQ	D	0.16%
VRT	B	0.16%
CI	F	0.15%
EG	C	0.15%
CPT	B	0.15%
GE	D	0.15%
SYK	C	0.15%
ULTA	F	0.14%
DELL	C	0.14%
MPC	D	0.13%
BBWI	D	0.13%
ANET	C	0.13%
LDOS	C	0.13%
IT	C	0.12%
FI	A	0.12%
CAH	B	0.11%
SCCO	F	0.11%
RPM	A	0.11%
RMD	C	0.1%
GEN	B	0.1%
VTRS	A	0.1%
EBAY	D	0.1%
KHC	F	0.1%
KLAC	D	0.1%
ETSY	D	0.09%
PSX	C	0.09%
PRU	A	0.09%
SSNC	B	0.09%
CRBG	B	0.09%
BLK	C	0.09%
LH	C	0.09%
ALL	A	0.08%
TPL	A	0.08%
DXC	B	0.08%
MOH	F	0.08%
SPGI	C	0.08%
BG	F	0.07%
LYB	F	0.07%
IPG	D	0.07%
CVNA	B	0.07%
TXT	D	0.07%
ROL	B	0.06%
SNPS	B	0.06%
DINO	D	0.06%
DASH	A	0.06%
WSO	A	0.06%
ADM	D	0.06%
ZION	B	0.06%
UDR	B	0.05%
PPL	B	0.05%
NXPI	D	0.05%
DPZ	C	0.05%
ESS	B	0.05%
AVB	B	0.05%
WTW	B	0.05%
QRVO	F	0.05%
MCO	B	0.05%
EPAM	C	0.05%
CDNS	B	0.05%
STT	A	0.05%
PINS	D	0.04%
PFG	D	0.04%
HOLX	D	0.04%
ROST	C	0.04%
IVZ	B	0.04%
MET	A	0.04%
DKS	C	0.04%
UTHR	C	0.04%
MOS	F	0.03%
CDW	F	0.03%
WBA	F	0.03%
BWA	D	0.03%
ALLE	D	0.01%
EQH	B	0.0%
TDG	D	0.0%

AFLG Underweight 72 Positions Relative to FDLO

Symbol	Grade	Weight
ORCL	B	-2.01%
JPM	A	-1.89%
TXN	C	-1.48%
ROP	B	-1.21%
HD	A	-1.19%
TYL	B	-1.19%
DOX	D	-1.08%
AKAM	D	-1.03%
ABT	B	-0.9%
MCD	D	-0.8%
TMO	F	-0.78%
CB	C	-0.72%
AMGN	D	-0.71%
SBUX	A	-0.7%
HON	B	-0.7%
VRTX	F	-0.69%
TRV	B	-0.69%
MMC	B	-0.67%
ADP	B	-0.66%
UNP	C	-0.63%
PEP	F	-0.62%
AJG	B	-0.61%
BDX	F	-0.6%
FDS	B	-0.59%
ITW	B	-0.56%
WRB	A	-0.56%
NKE	D	-0.56%
WM	A	-0.55%
FAST	B	-0.54%
LIN	D	-0.53%
JKHY	D	-0.51%
PAYX	C	-0.51%
REGN	F	-0.5%
NOC	D	-0.5%
GD	F	-0.49%
LHX	C	-0.49%
OTIS	C	-0.47%
RSG	A	-0.47%
TSCO	D	-0.46%
COP	C	-0.41%
MDLZ	F	-0.37%
DUK	C	-0.35%
WMB	A	-0.34%
FCN	D	-0.34%
EOG	A	-0.32%
EQIX	A	-0.31%
XEL	A	-0.3%
KMI	A	-0.3%
HII	D	-0.29%
AMT	D	-0.29%
GIS	D	-0.28%
LNG	B	-0.28%
AEP	D	-0.28%
WEC	A	-0.27%
APD	A	-0.27%
AEE	A	-0.26%
DLR	B	-0.26%
CMS	C	-0.24%
HSY	F	-0.24%
DTM	B	-0.23%
O	D	-0.22%
CCI	D	-0.21%
VMC	B	-0.2%
CTVA	C	-0.2%
MLM	B	-0.19%
CTRA	B	-0.19%
CSGP	D	-0.18%
ADC	B	-0.16%
AMH	D	-0.16%
ELS	C	-0.16%
ATR	B	-0.16%
AVY	D	-0.14%