AGOX vs. FVAL ETF Comparison

Comparison of Adaptive Growth Opportunities ETF (AGOX) to Fidelity Value Factor ETF (FVAL)

AGOX

Adaptive Growth Opportunities ETF

AGOX Description

The investment seeks capital appreciation. The fund's portfolio manager seeks to achieve its investment objective of capital appreciation by investing in ETFs that are registered under the Investment Company Act of 1940, as amended and not affiliated with the fund that invest in equity securities of any market capitalization of issuers from a number of countries throughout the world, including emerging market countries. The manager primarily utilizes ETFs and equities but may also use fixed income securities to diversify its asset classes. The fixed income securities in which the fund will invest will be investment grade and may be of any duration or maturity.

Grade (RS Rating)

Last Trade

$29.41

Average Daily Volume

28,389

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FVAL

Fidelity Value Factor ETF

FVAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Value Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Value Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that have attractive valuations.

Grade (RS Rating)

Last Trade

$63.26

Average Daily Volume

81,569

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	AGOX	FVAL
30 Days	2.44%	3.33%
60 Days	2.05%	5.59%
90 Days	1.41%	6.82%
12 Months	24.95%	28.35%

13 Overlapping Holdings

Symbol	Grade	Weight in AGOX	Weight in FVAL	Overlap
AAPL	C	1.92%	6.68%	1.92%
AMZN	C	8.06%	3.88%	3.88%
BAC	A	0.0%	1.13%	0.0%
BKNG	A	0.45%	0.87%	0.45%
CRM	B	1.72%	1.46%	1.46%
INTC	D	0.77%	0.77%	0.77%
JPM	A	0.34%	1.84%	0.34%
META	D	0.23%	2.55%	0.23%
MSFT	F	1.56%	6.37%	1.56%
NVDA	C	2.35%	7.33%	2.35%
SWKS	F	0.18%	0.56%	0.18%
T	A	0.82%	0.62%	0.62%
XOM	B	0.02%	1.14%	0.02%

AGOX Overweight 52 Positions Relative to FVAL

Symbol	Grade	Weight
QQQ	B	22.48%
XLC	A	6.77%
BSX	B	4.69%
HWM	A	2.35%
SMH	D	1.69%
PGR	A	1.34%
GE	D	1.22%
VRT	B	1.21%
DECK	A	1.17%
KCE	A	1.14%
FICO	B	1.14%
VRSK	A	1.13%
VRTX	F	1.11%
GWW	B	0.98%
BMI	B	0.89%
CPRT	A	0.89%
CRS	A	0.86%
ETN	A	0.86%
TDG	D	0.8%
CEG	D	0.76%
NVO	D	0.74%
XAR	B	0.72%
MMS	F	0.62%
REGN	F	0.62%
SPSC	C	0.61%
CBOE	B	0.56%
ARGT	A	0.53%
ANF	C	0.46%
IESC	B	0.45%
AMP	A	0.45%
IR	B	0.45%
MOG.A	B	0.41%
RJF	A	0.39%
PTGX	C	0.39%
MDGL	B	0.35%
AMD	F	0.35%
FSS	B	0.3%
AI	B	0.29%
TYL	B	0.29%
ECL	D	0.28%
HUBB	B	0.26%
TPH	D	0.26%
GRBK	D	0.25%
LLY	F	0.24%
AROC	B	0.23%
WINA	B	0.21%
MANH	D	0.2%
PWR	A	0.13%
AVGO	D	0.12%
TSLA	B	0.06%
ORCL	B	0.01%
OGIG	A	0.0%

AGOX Underweight 111 Positions Relative to FVAL

Symbol	Grade	Weight
GOOGL	C	-3.72%
BRK.A	B	-2.07%
UNH	C	-1.69%
V	A	-1.44%
JNJ	D	-1.31%
HD	A	-1.22%
ACN	C	-1.15%
ABBV	D	-1.11%
IBM	C	-1.09%
WFC	A	-1.08%
PG	A	-1.08%
WMT	A	-1.07%
MRK	F	-1.01%
QCOM	F	-1.0%
BMY	B	-0.98%
ZM	B	-0.98%
GILD	C	-0.97%
MU	D	-0.85%
UAL	A	-0.84%
MCD	D	-0.84%
AXP	A	-0.83%
CI	F	-0.81%
HPE	B	-0.81%
CAT	B	-0.77%
CTSH	B	-0.76%
C	A	-0.74%
COF	B	-0.72%
CVS	D	-0.71%
TRV	B	-0.68%
DFS	B	-0.68%
HON	B	-0.68%
SYF	B	-0.67%
ELV	F	-0.67%
GM	B	-0.67%
CVX	A	-0.67%
EXPE	B	-0.66%
DAL	C	-0.64%
ADP	B	-0.64%
CMCSA	B	-0.61%
VZ	C	-0.61%
RPRX	D	-0.61%
UNP	C	-0.61%
DE	A	-0.59%
JXN	C	-0.56%
LMT	D	-0.56%
PRU	A	-0.56%
LVS	C	-0.55%
UPS	C	-0.55%
MO	A	-0.55%
CNC	D	-0.54%
RNR	C	-0.54%
LIN	D	-0.53%
PCAR	B	-0.53%
KVUE	A	-0.52%
CMI	A	-0.52%
F	C	-0.51%
OZK	B	-0.51%
EBAY	D	-0.51%
EG	C	-0.5%
WYNN	D	-0.5%
MMM	D	-0.5%
G	B	-0.49%
TGT	F	-0.48%
FDX	B	-0.48%
NEE	D	-0.46%
RHI	B	-0.44%
KR	B	-0.43%
OC	A	-0.42%
KMB	D	-0.41%
COP	C	-0.4%
M	D	-0.39%
AGCO	D	-0.38%
ADM	D	-0.35%
ACI	C	-0.34%
DUK	C	-0.34%
PLD	D	-0.32%
BG	F	-0.32%
EOG	A	-0.31%
PCG	A	-0.29%
PARA	C	-0.28%
SPG	B	-0.27%
EXC	C	-0.26%
ATKR	C	-0.26%
NRG	B	-0.26%
AEP	D	-0.26%
PSA	D	-0.25%
FCX	D	-0.24%
MPC	D	-0.24%
O	D	-0.23%
CBRE	B	-0.23%
VLO	C	-0.22%
NFG	A	-0.2%
VICI	C	-0.2%
NUE	C	-0.19%
NEM	D	-0.19%
BXP	D	-0.18%
DVN	F	-0.18%
CF	B	-0.18%
STLD	B	-0.18%
UGI	A	-0.18%
HST	C	-0.17%
JLL	D	-0.17%
WPC	D	-0.16%
ARE	D	-0.16%
GLPI	C	-0.16%
DOW	F	-0.16%
LYB	F	-0.15%
CIVI	D	-0.13%
MOS	F	-0.13%
MUR	D	-0.13%
CLF	F	-0.11%