BTAL vs. FMDE ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to Fidelity Enhanced Mid Cap ETF (FMDE)
BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.03

Average Daily Volume

467,825

Number of Holdings *

392

* may have additional holdings in another (foreign) market
FMDE

Fidelity Enhanced Mid Cap ETF

FMDE Description The fund will normally invest at least 80% of assets in common stocks included in the Russell Midcap® Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$34.86

Average Daily Volume

149,918

Number of Holdings *

292

* may have additional holdings in another (foreign) market
Performance
Period BTAL FMDE
30 Days -2.59% 6.40%
60 Days -1.84% 8.81%
90 Days -2.74% 10.43%
12 Months -5.88% 38.09%
113 Overlapping Holdings
Symbol Grade Weight in BTAL Weight in FMDE Overlap
ACGL C 0.38% 0.09% 0.09%
AES F -0.35% 0.12% -0.35%
AIZ A 0.48% 0.63% 0.48%
AKAM D 0.36% 0.03% 0.03%
ALL A 0.48% 0.57% 0.48%
ALSN B 0.56% 0.37% 0.37%
ARW D 0.37% 0.01% 0.01%
AWK C -0.42% 0.1% -0.42%
AXON A -0.74% 0.67% -0.74%
AXS A 0.48% 0.09% 0.09%
AXTA B -0.49% 0.47% -0.49%
BBWI C -0.44% 0.04% -0.44%
BILL A 0.68% 0.25% 0.25%
BLD D -0.4% 0.32% -0.4%
BLDR D -0.44% 0.2% -0.44%
BMRN F 0.29% 0.03% 0.03%
BMY B 0.51% 0.26% 0.26%
BRO B 0.47% 0.25% 0.25%
BWXT B 0.53% 0.47% 0.47%
CACI D 0.42% 0.49% 0.42%
CBOE C 0.43% 0.27% 0.27%
CBRE B -0.51% 0.03% -0.51%
CCK D 0.43% 0.48% 0.43%
CCL A -0.63% 0.65% -0.63%
CF A 0.46% 0.03% 0.03%
CFG B -0.49% 0.23% -0.49%
CI D 0.4% 0.06% 0.06%
CINF A 0.49% 0.13% 0.13%
CNC D 0.32% 0.57% 0.32%
CNM D -0.38% 0.03% -0.38%
COIN C -0.71% 0.31% -0.71%
COR B 0.45% 0.51% 0.45%
CSGP D -0.42% 0.66% -0.42%
CVNA B -0.68% 0.75% -0.68%
CW C 0.47% 0.59% 0.47%
CWEN C -0.42% 0.04% -0.42%
CWEN C -0.42% 0.07% -0.42%
DAL B -0.68% 0.05% -0.68%
DASH B -0.59% 0.16% -0.59%
DBX B 0.47% 0.56% 0.47%
DD C 0.43% 0.58% 0.43%
DGX A 0.45% 0.04% 0.04%
DKNG B -0.53% 0.56% -0.53%
DKS D -0.37% 0.2% -0.37%
DUOL A -0.63% 0.33% -0.63%
DVN F 0.37% 0.31% 0.31%
ED C 0.42% 0.02% 0.02%
EG C 0.42% 0.06% 0.06%
ELAN D -0.39% 0.27% -0.39%
EQR C 0.44% 0.29% 0.29%
EXPE B -0.56% 0.73% -0.56%
FANG C 0.39% 0.26% 0.26%
FFIV B 0.52% 0.54% 0.52%
GILD C 0.49% 0.51% 0.49%
GIS D 0.38% 0.33% 0.33%
GLPI C 0.42% 0.27% 0.27%
HIG B 0.45% 0.4% 0.4%
HOOD B -0.72% 0.01% -0.72%
HPQ B 0.45% 0.01% 0.01%
HRB D 0.41% 0.22% 0.22%
HUM C 0.34% 0.06% 0.06%
IBKR A 0.62% 0.11% 0.11%
IDXX F -0.39% 0.61% -0.39%
ITT A -0.49% 0.12% -0.49%
JAZZ B 0.44% 0.02% 0.02%
JHG B -0.53% 0.07% -0.53%
KMI A 0.56% 0.14% 0.14%
KR B 0.47% 0.73% 0.47%
L A 0.45% 0.06% 0.06%
LNG A 0.51% 0.59% 0.51%
LPLA A 0.59% 0.09% 0.09%
LPX B -0.52% 0.35% -0.52%
LYFT C -0.65% 0.57% -0.65%
MGM D -0.43% 0.28% -0.43%
MKL A 0.53% 0.16% 0.16%
MPWR F -0.24% 0.51% -0.24%
MSA F 0.4% 0.07% 0.07%
MSI B 0.51% 0.5% 0.5%
MTDR B -0.45% 0.28% -0.45%
NOC D 0.4% 0.18% 0.18%
NRG B -0.49% 0.65% -0.49%
NTRA A -0.56% 0.05% -0.56%
NVT B -0.49% 0.41% -0.49%
OC A -0.46% 0.23% -0.46%
PCAR B 0.51% 0.38% 0.38%
PCTY C 0.53% 0.21% 0.21%
PLTR B -0.87% 0.43% -0.87%
PYPL B -0.52% 0.54% -0.52%
RBLX C -0.51% 0.72% -0.51%
REG A 0.45% 0.13% 0.13%
RGA A 0.48% 0.28% 0.28%
ROP B 0.45% 0.1% 0.1%
SEE C -0.44% 0.34% -0.44%
SNX D 0.41% 0.44% 0.41%
SQ A -0.6% 0.97% -0.6%
TOL B -0.47% 0.62% -0.47%
TOST B -0.71% 0.69% -0.71%
TT A -0.51% 0.48% -0.51%
TXG F -0.26% 0.05% -0.26%
TXRH B 0.51% 0.03% 0.03%
TXT D 0.4% 0.59% 0.4%
UNM A 0.57% 0.52% 0.52%
USFD A -0.49% 0.16% -0.49%
UTHR C 0.45% 0.35% 0.35%
VEEV C -0.46% 0.71% -0.46%
VICI C 0.42% 0.63% 0.42%
VST A -0.76% 0.94% -0.76%
WCC B -0.55% 0.33% -0.55%
WEN D 0.46% 0.05% 0.05%
WTW B 0.45% 0.72% 0.45%
XEL A 0.5% 0.28% 0.28%
Z A -0.56% 0.32% -0.56%
ZION B -0.53% 0.34% -0.53%
BTAL Overweight 280 Positions Relative to FMDE
Symbol Grade Weight
MSTR B 1.19%
SFM A 0.6%
PAYC B 0.59%
HQY A 0.58%
CFLT B 0.56%
SNA A 0.55%
NWL C 0.54%
BKR A 0.53%
WH B 0.53%
TGNA B 0.53%
TRV B 0.52%
FTNT C 0.52%
RLI A 0.51%
MCK A 0.51%
THG A 0.51%
WELL A 0.5%
CHH A 0.5%
PNM B 0.5%
ORLY B 0.5%
T A 0.5%
CSCO B 0.49%
AEE A 0.49%
G B 0.49%
TMUS B 0.49%
PKG A 0.49%
VFC C 0.48%
SIGI C 0.48%
FOXA A 0.48%
VTRS A 0.48%
LULU C 0.48%
TDY B 0.48%
SBRA C 0.47%
CHD A 0.47%
PAYX B 0.47%
GLW B 0.47%
CME B 0.47%
AON A 0.47%
HON C 0.47%
HEI A 0.47%
RYAN A 0.47%
EDR A 0.46%
DRI B 0.46%
SLGN A 0.46%
RNR C 0.46%
LNT A 0.46%
WEC A 0.46%
ADP A 0.46%
ORI A 0.46%
WRB A 0.45%
CB C 0.45%
CSX C 0.45%
CMG B 0.45%
AVB B 0.45%
ARMK B 0.45%
PGR A 0.45%
WM B 0.45%
IBM C 0.45%
ADC A 0.45%
PNW A 0.45%
CHRW B 0.45%
XOM B 0.44%
ACN B 0.44%
DECK A 0.44%
CMS C 0.44%
BWA D 0.44%
CDP C 0.44%
VZ C 0.44%
NEU D 0.44%
DOX D 0.43%
VRSN C 0.43%
UNH B 0.43%
DLB B 0.43%
CLH C 0.43%
ZI D 0.43%
CTSH B 0.43%
YUM D 0.43%
MSFT D 0.43%
MUSA B 0.43%
RTX D 0.43%
X B 0.43%
RSG A 0.43%
OHI C 0.43%
ELS C 0.43%
TJX A 0.43%
DUK C 0.43%
MSM C 0.43%
COLM C 0.43%
FLO D 0.42%
AVT C 0.42%
JNJ C 0.42%
MMC B 0.42%
CXT C 0.42%
MCD D 0.42%
J D 0.41%
WPC C 0.41%
MKC C 0.41%
OLLI D 0.41%
GD D 0.41%
PAG B 0.41%
BG D 0.4%
SAIC F 0.4%
CHE D 0.4%
ASGN F 0.39%
WTM A 0.39%
AMCR C 0.39%
O C 0.39%
JNPR D 0.39%
KHC F 0.38%
CPB D 0.38%
ON D 0.38%
ERIE D 0.38%
OXY D 0.38%
MOS F 0.38%
LMT D 0.38%
FCN F 0.38%
FMC D 0.37%
MAN F 0.37%
KBR F 0.37%
KO D 0.37%
GPC D 0.37%
TNET F 0.37%
PFE F 0.37%
AMGN F 0.37%
MUR D 0.37%
ST F 0.36%
ABBV F 0.36%
MOH F 0.36%
NEM D 0.35%
MTCH D 0.35%
FOXF F 0.35%
AZO C 0.33%
ELV F 0.33%
MDU D 0.32%
SRPT F 0.32%
AGL F 0.16%
SMCI F -0.18%
SEDG F -0.19%
RUN F -0.21%
MRNA F -0.22%
CNXC F -0.23%
ENPH F -0.23%
CE F -0.24%
WOLF F -0.25%
NTLA F -0.27%
RKT F -0.29%
CELH F -0.29%
RIVN F -0.3%
OPEN F -0.3%
EL F -0.31%
TER F -0.33%
BRZE C -0.33%
COTY F -0.33%
AMKR D -0.34%
ELF C -0.35%
EFX F -0.35%
SHLS F -0.35%
ARWR D -0.35%
LRCX F -0.36%
TFX F -0.36%
WMS F -0.37%
RGEN D -0.37%
ALLY C -0.37%
NVCR C -0.38%
RIG D -0.38%
DINO D -0.39%
PLD F -0.39%
KSS F -0.39%
PINS F -0.4%
WBA F -0.4%
ARE F -0.4%
FND D -0.4%
MKSI C -0.4%
AMD F -0.4%
KMX B -0.4%
FBIN D -0.41%
ROIV C -0.41%
AGNC C -0.41%
W D -0.41%
POWI F -0.41%
CRL D -0.41%
DNLI D -0.42%
CHX C -0.42%
FCX F -0.42%
CZR F -0.42%
UBER F -0.42%
MU D -0.43%
ILMN C -0.43%
CC C -0.43%
CRSP D -0.43%
ALGN D -0.43%
PATH C -0.43%
SSD F -0.43%
THO B -0.44%
F C -0.44%
TRU D -0.44%
EW C -0.44%
UGI C -0.44%
RYN D -0.44%
APG B -0.44%
TGT F -0.44%
TREX C -0.45%
NWE B -0.45%
D C -0.45%
DAR C -0.45%
CARR C -0.45%
RMD C -0.45%
AVGO D -0.45%
SMG C -0.46%
BXP C -0.46%
LAMR C -0.46%
ZS B -0.46%
KRC B -0.46%
JLL D -0.46%
ANET C -0.46%
PENN C -0.46%
ROKU D -0.47%
HHH B -0.47%
SHW B -0.47%
TROW B -0.48%
NVDA B -0.48%
LNC C -0.48%
OZK B -0.49%
PFGC B -0.49%
WAL B -0.49%
GH B -0.49%
SNAP D -0.49%
USB A -0.49%
RF A -0.5%
TTD B -0.5%
NET B -0.5%
CAR C -0.51%
RMBS B -0.51%
PWR A -0.51%
GNRC C -0.51%
RRC B -0.51%
CEG C -0.52%
COHR B -0.52%
PEN B -0.52%
ETN A -0.52%
IOT A -0.52%
URI C -0.52%
VNO C -0.52%
ALB B -0.52%
DELL B -0.53%
MDB B -0.53%
AR B -0.53%
EXP B -0.53%
RH C -0.53%
FYBR C -0.53%
INTC C -0.54%
SNV C -0.54%
BLK B -0.54%
FOUR A -0.54%
NTRS A -0.54%
XPO B -0.54%
CMA B -0.54%
CG B -0.55%
KKR A -0.55%
PNFP B -0.55%
AA A -0.56%
SCHW B -0.56%
DAY B -0.56%
GME C -0.56%
MRVL B -0.56%
TDOC C -0.56%
BX A -0.57%
CRWD B -0.57%
GTLS A -0.58%
OWL A -0.58%
TPG A -0.58%
EQT B -0.59%
PODD C -0.59%
SAIA B -0.59%
LYV A -0.62%
LITE B -0.62%
VRT B -0.67%
PTON A -0.69%
TSLA B -0.7%
SOFI B -0.79%
AFRM A -0.84%
BTAL Underweight 179 Positions Relative to FMDE
Symbol Grade Weight
WMB A -1.12%
BK A -0.99%
SPG A -0.96%
CMI A -0.94%
HWM A -0.89%
PRU A -0.85%
MSCI C -0.84%
UAL A -0.79%
RJF A -0.78%
CAH B -0.74%
STT B -0.72%
ROST D -0.71%
TWLO A -0.67%
ZM C -0.67%
PPG F -0.66%
DOCU B -0.65%
CLX A -0.65%
NVR D -0.65%
KEY B -0.65%
NTAP C -0.64%
FIS C -0.63%
EQH C -0.62%
EIX B -0.61%
HUBS A -0.61%
HPE B -0.61%
NUE C -0.6%
AMP A -0.6%
INCY C -0.6%
CCI C -0.6%
LDOS C -0.6%
HUBB B -0.59%
SSNC B -0.59%
EA A -0.58%
ALLE C -0.58%
TRGP A -0.56%
FTV C -0.54%
GL C -0.54%
MANH D -0.54%
EXEL B -0.52%
CNP A -0.52%
CTAS B -0.52%
GRMN B -0.52%
DCI B -0.52%
TPR B -0.51%
QRVO F -0.5%
GAP C -0.49%
AMH C -0.49%
ECL D -0.49%
TDC D -0.48%
BURL B -0.48%
STLD B -0.47%
BERY C -0.46%
PSA C -0.46%
BRX A -0.45%
NYT D -0.45%
MEDP D -0.45%
HLT A -0.45%
SWKS F -0.45%
PEGA B -0.45%
ANF F -0.45%
NDAQ A -0.44%
CRUS D -0.44%
LNW F -0.44%
NBIX C -0.44%
WAB B -0.43%
VMC B -0.42%
GWW B -0.42%
CL D -0.42%
EVRG A -0.41%
AME A -0.4%
SOLV D -0.39%
AM A -0.39%
CPNG D -0.39%
FIX A -0.38%
EEFT B -0.38%
IGT F -0.38%
DHI F -0.37%
VMI B -0.37%
KLAC F -0.36%
PCG A -0.36%
SYF B -0.36%
HXL F -0.35%
RNG C -0.34%
IQV F -0.33%
NTNX B -0.33%
WU F -0.33%
UHS D -0.32%
EBAY D -0.32%
EME A -0.31%
CPAY A -0.31%
AYI B -0.31%
RS B -0.3%
APP B -0.3%
LEN D -0.29%
GDDY A -0.29%
IFF D -0.27%
BAH F -0.27%
DXCM C -0.27%
A D -0.27%
ZG A -0.26%
ZBRA B -0.25%
PLTK B -0.25%
CDW F -0.25%
INGR C -0.24%
LHX C -0.24%
SEIC B -0.24%
GTES A -0.23%
TW A -0.22%
MTB A -0.22%
HES B -0.22%
SBAC D -0.22%
KMB C -0.22%
FLS B -0.21%
DFS B -0.21%
HII F -0.21%
ADTN A -0.2%
GPN B -0.2%
MKTX D -0.19%
RCL A -0.18%
NWSA A -0.18%
ACM B -0.17%
WWD C -0.16%
SAM C -0.15%
DOC C -0.15%
KD B -0.15%
GXO B -0.14%
TPL A -0.14%
ATI C -0.13%
ANSS B -0.13%
FTI A -0.12%
CHDN B -0.12%
WSM C -0.11%
CBSH B -0.11%
MORN B -0.11%
GEHC D -0.11%
NWS A -0.11%
EXC C -0.11%
SYY D -0.11%
CTRE C -0.1%
LUV C -0.1%
VLTO C -0.1%
CTRA B -0.1%
ES C -0.09%
LEG F -0.08%
XRAY F -0.08%
MCHP F -0.08%
WBD B -0.08%
VSTS C -0.07%
ADM D -0.07%
AMT C -0.06%
DTE C -0.06%
WDAY B -0.06%
FR D -0.06%
VIRT A -0.06%
TNL A -0.06%
NSC B -0.06%
CSL C -0.05%
EGP D -0.05%
PHM D -0.05%
OGE A -0.04%
BIIB F -0.04%
ULTA F -0.04%
U C -0.04%
K A -0.04%
BBY D -0.03%
EPR C -0.03%
REYN D -0.03%
SF B -0.03%
QGEN D -0.02%
POST C -0.02%
AFL B -0.02%
AJG A -0.02%
OVV B -0.02%
HAL C -0.02%
MRO B -0.02%
LSCC D -0.01%
STAG D -0.01%
OKE A -0.01%
SWK D -0.01%
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