DFVX vs. FHEQ ETF Comparison

Comparison of Dimensional US Large Cap Vector ETF (DFVX) to Fidelity Hedged Equity ETF (FHEQ)

DFVX

Dimensional US Large Cap Vector ETF

DFVX Description

The advisor implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. The portfolio is designed to purchase a broad and diverse group of readily marketable securities of U.S. large cap companies that the advisor determines to have higher profitability and lower relative price as compared to other U.S. large cap companies at the time of purchase. As a non-fundamental policy, under normal circumstances, the portfolio will invest at least 80% of its net assets in equity securities of large cap U.S. companies.

Grade (RS Rating)

Last Trade

$67.99

Average Daily Volume

14,879

Number of Holdings ^*

326

* may have additional holdings in another (foreign) market

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	DFVX	FHEQ
30 Days	3.63%	2.51%
60 Days	4.02%	3.80%
90 Days	6.22%	4.54%
12 Months	28.45%

89 Overlapping Holdings

Symbol	Grade	Weight in DFVX	Weight in FHEQ	Overlap
ABBV	D	0.66%	1.0%	0.66%
ADBE	C	0.64%	0.93%	0.64%
ADP	B	0.59%	0.16%	0.16%
ALL	A	0.05%	0.07%	0.05%
ALLE	D	0.02%	0.44%	0.02%
AMAT	F	0.4%	0.7%	0.4%
AME	A	0.24%	0.22%	0.22%
AMGN	D	0.73%	0.24%	0.24%
AMZN	C	5.61%	3.64%	3.64%
AVGO	D	0.57%	1.49%	0.57%
AXP	A	0.94%	0.43%	0.43%
BAH	F	0.07%	0.09%	0.07%
BDX	F	0.19%	0.59%	0.19%
BLD	D	0.03%	0.05%	0.03%
BMY	B	0.41%	0.68%	0.41%
CAT	B	1.09%	0.48%	0.48%
CI	F	0.32%	0.63%	0.32%
CINF	A	0.12%	0.12%	0.12%
CMCSA	B	0.67%	0.83%	0.67%
CMG	B	0.23%	0.49%	0.23%
COST	B	1.21%	0.45%	0.45%
CSCO	B	0.65%	0.79%	0.65%
CSX	B	0.42%	0.43%	0.42%
CTAS	B	0.29%	0.66%	0.29%
CVS	D	0.02%	0.22%	0.02%
CVX	A	1.1%	0.02%	0.02%
DVN	F	0.22%	0.53%	0.22%
ECL	D	0.04%	0.62%	0.04%
EOG	A	0.41%	0.43%	0.41%
ETN	A	0.35%	0.15%	0.15%
F	C	0.32%	0.15%	0.15%
FTI	A	0.0%	0.17%	0.0%
GEHC	F	0.26%	0.17%	0.17%
GEN	B	0.16%	0.13%	0.13%
GILD	C	0.69%	0.73%	0.69%
GOOG	C	2.41%	1.74%	1.74%
GOOGL	C	2.62%	2.02%	2.02%
HWM	A	0.13%	0.27%	0.13%
IDXX	F	0.15%	0.26%	0.15%
JNJ	D	1.76%	0.61%	0.61%
JPM	A	2.79%	1.82%	1.82%
KLAC	D	0.34%	0.54%	0.34%
KR	B	0.37%	0.11%	0.11%
LDOS	C	0.05%	0.32%	0.05%
LMT	D	0.67%	0.69%	0.67%
LPLA	A	0.2%	0.03%	0.03%
LRCX	F	0.32%	0.23%	0.23%
MDLZ	F	0.21%	0.07%	0.07%
META	D	4.84%	2.87%	2.87%
MKL	A	0.1%	0.09%	0.09%
MMC	B	0.41%	0.52%	0.41%
MMM	D	0.17%	0.22%	0.17%
MRK	F	0.32%	0.69%	0.32%
MS	A	0.01%	0.16%	0.01%
MSFT	F	4.8%	5.64%	4.8%
NBIX	C	0.0%	0.11%	0.0%
NOC	D	0.16%	0.56%	0.16%
NSC	B	0.13%	0.26%	0.13%
NUE	C	0.23%	0.32%	0.23%
ORCL	B	1.18%	0.04%	0.04%
PCAR	B	0.4%	0.42%	0.4%
PG	A	1.45%	0.87%	0.87%
PGR	A	0.36%	0.63%	0.36%
PPG	F	0.13%	0.34%	0.13%
PYPL	B	0.23%	0.54%	0.23%
QCOM	F	0.67%	0.84%	0.67%
ROST	C	0.29%	0.1%	0.1%
RSG	A	0.19%	0.2%	0.19%
SCCO	F	0.04%	0.04%	0.04%
SCHW	B	0.39%	0.56%	0.39%
SOLV	C	0.02%	0.12%	0.02%
T	A	0.63%	0.67%	0.63%
TJX	A	0.51%	0.73%	0.51%
TMO	F	0.37%	0.26%	0.26%
TMUS	B	0.56%	0.29%	0.29%
TROW	B	0.17%	0.23%	0.17%
TRV	B	0.52%	0.49%	0.49%
TT	A	0.12%	0.69%	0.12%
TXT	D	0.02%	0.51%	0.02%
UNH	C	1.56%	0.57%	0.57%
UNP	C	0.71%	0.73%	0.71%
UTHR	C	0.11%	0.05%	0.05%
V	A	1.59%	0.47%	0.47%
VST	B	0.35%	0.11%	0.11%
VZ	C	0.95%	0.18%	0.18%
WM	A	0.32%	0.38%	0.32%
WMT	A	1.35%	0.8%	0.8%
XOM	B	2.24%	1.54%	1.54%
ZBRA	B	0.06%	0.47%	0.06%

DFVX Overweight 237 Positions Relative to FHEQ

Symbol	Grade	Weight
IBM	C	1.06%
PEP	F	0.9%
HON	B	0.76%
ACN	C	0.7%
COP	C	0.69%
TXN	C	0.68%
LIN	D	0.63%
ABT	B	0.57%
KO	D	0.57%
SHW	A	0.52%
DE	A	0.5%
URI	B	0.49%
GM	B	0.45%
AMP	A	0.44%
TGT	F	0.44%
MET	A	0.4%
RCL	A	0.4%
APP	B	0.39%
FI	A	0.39%
DAL	C	0.39%
FDX	B	0.36%
PH	A	0.35%
LNG	B	0.35%
ELV	F	0.35%
ITW	B	0.34%
MPC	D	0.34%
UPS	C	0.33%
HES	B	0.33%
GWW	B	0.33%
FIS	C	0.32%
DFS	B	0.31%
VLO	C	0.3%
HIG	B	0.3%
OKE	A	0.3%
NXPI	D	0.3%
AIG	B	0.28%
PAYX	C	0.28%
FAST	B	0.26%
IQV	D	0.26%
GLW	B	0.26%
VRTX	F	0.26%
CTSH	B	0.26%
NVR	D	0.25%
JCI	C	0.25%
WMB	A	0.25%
TRGP	B	0.25%
ZTS	D	0.25%
ODFL	B	0.25%
GIS	D	0.24%
CMI	A	0.24%
BKR	B	0.24%
EBAY	D	0.24%
SYY	B	0.24%
PSX	C	0.24%
EME	C	0.23%
FANG	D	0.23%
VRT	B	0.23%
MCHP	D	0.23%
BBY	D	0.23%
ADI	D	0.23%
RJF	A	0.22%
DHI	D	0.22%
SYK	C	0.22%
MCO	B	0.21%
CPAY	A	0.21%
GD	F	0.21%
EA	A	0.21%
STZ	D	0.2%
BRO	B	0.19%
DRI	B	0.19%
UAL	A	0.19%
PRU	A	0.19%
PKG	A	0.19%
STLD	B	0.19%
A	D	0.19%
HPE	B	0.18%
BLDR	D	0.18%
DOW	F	0.18%
LYB	F	0.18%
AJG	B	0.18%
APD	A	0.18%
VMC	B	0.18%
OXY	D	0.17%
OC	A	0.17%
MLM	B	0.17%
FCX	D	0.17%
KMB	D	0.17%
SSNC	B	0.17%
APO	B	0.16%
PHM	D	0.16%
TSCO	D	0.16%
RPM	A	0.16%
CTRA	B	0.15%
FITB	A	0.15%
XPO	B	0.15%
CARR	D	0.15%
HAL	C	0.15%
OMC	C	0.15%
NTAP	C	0.15%
SNA	A	0.15%
FCNCA	A	0.15%
WSM	B	0.15%
ADSK	A	0.15%
ULTA	F	0.14%
ROK	B	0.14%
RS	B	0.14%
FOXA	B	0.14%
NRG	B	0.14%
CHTR	C	0.14%
ACGL	D	0.14%
EW	C	0.13%
CDW	F	0.13%
CASY	A	0.13%
AMCR	D	0.13%
BURL	A	0.13%
CSL	C	0.13%
WRB	A	0.13%
DGX	A	0.13%
CF	B	0.13%
EXPD	D	0.13%
AVY	D	0.13%
NKE	D	0.13%
CPB	D	0.12%
SYF	B	0.12%
ON	D	0.12%
FDS	B	0.12%
CRBG	B	0.12%
HSY	F	0.11%
GGG	B	0.11%
JBHT	C	0.11%
GPC	D	0.11%
APH	A	0.11%
PWR	A	0.11%
SLB	C	0.11%
THC	D	0.1%
TTWO	A	0.1%
BG	F	0.1%
HUBB	B	0.1%
SWKS	F	0.1%
CLH	B	0.1%
BR	A	0.1%
TOL	B	0.1%
USFD	A	0.1%
EXPE	B	0.1%
FNF	B	0.1%
AFL	B	0.09%
EQH	B	0.09%
DOV	A	0.09%
LVS	C	0.09%
CHD	B	0.09%
KEYS	A	0.09%
AKAM	D	0.09%
LEN	D	0.08%
CBOE	B	0.08%
FSLR	F	0.08%
DKS	C	0.08%
MOH	F	0.08%
RNR	C	0.08%
EFX	F	0.08%
MRO	B	0.08%
BALL	D	0.08%
CBRE	B	0.08%
COR	B	0.08%
LULU	C	0.08%
DG	F	0.08%
ROL	B	0.07%
JKHY	D	0.07%
PFG	D	0.07%
UHAL	D	0.07%
RMD	C	0.07%
IEX	B	0.07%
BSX	B	0.07%
UHS	D	0.07%
POOL	C	0.07%
IP	B	0.07%
PNR	A	0.07%
FLEX	A	0.07%
HUM	C	0.06%
WTW	B	0.06%
PFGC	B	0.06%
TPL	A	0.06%
DECK	A	0.06%
NDSN	B	0.05%
IPG	D	0.05%
WAT	B	0.05%
KVUE	A	0.05%
AOS	F	0.05%
TER	D	0.04%
TRU	D	0.04%
DLTR	F	0.04%
K	A	0.04%
EWBC	A	0.04%
LECO	B	0.04%
CE	F	0.04%
DVA	B	0.03%
COIN	C	0.03%
WMG	C	0.03%
SAIA	B	0.03%
EMN	D	0.03%
RF	A	0.03%
AON	A	0.03%
FOX	A	0.03%
JBL	B	0.03%
HBAN	A	0.03%
MNST	C	0.02%
PAG	B	0.02%
ACM	A	0.02%
CPRT	A	0.02%
EG	C	0.02%
OVV	B	0.02%
EL	F	0.02%
WLK	D	0.02%
WMS	D	0.02%
NTRS	A	0.02%
GFS	C	0.01%
NDAQ	A	0.01%
PR	B	0.01%
AFG	A	0.01%
SJM	D	0.01%
ENTG	D	0.01%
CAG	D	0.01%
BJ	A	0.01%
LII	A	0.01%
FFIV	B	0.01%
LKQ	D	0.01%
NVT	B	0.01%
CW	B	0.01%
FND	C	0.01%
ALLY	C	0.01%
LEN	D	0.0%
WSO	A	0.0%
STE	F	0.0%
ACI	C	0.0%
ALGN	D	0.0%
SCI	B	0.0%
FIX	A	0.0%
UHAL	D	0.0%

DFVX Underweight 79 Positions Relative to FHEQ

Symbol	Grade	Weight
AAPL	C	-7.31%
NVDA	C	-7.27%
BRK.A	B	-2.19%
MA	C	-1.34%
HD	A	-1.32%
TSLA	B	-1.26%
NFLX	A	-1.26%
BAC	A	-1.17%
CRM	B	-1.09%
PM	B	-0.92%
LLY	F	-0.76%
NEE	D	-0.73%
SQ	B	-0.59%
CL	D	-0.58%
DIS	B	-0.57%
PFE	D	-0.56%
SEIC	B	-0.54%
C	A	-0.54%
ZM	B	-0.52%
CVNA	B	-0.52%
DBX	B	-0.51%
MSCI	C	-0.49%
MU	D	-0.47%
GE	D	-0.45%
IGT	F	-0.45%
RTX	C	-0.44%
EXEL	B	-0.43%
CAH	B	-0.4%
ALRM	C	-0.4%
CME	A	-0.37%
BK	A	-0.36%
TDC	D	-0.35%
NOW	A	-0.34%
ANF	C	-0.33%
MEDP	D	-0.31%
GRMN	B	-0.31%
CACI	D	-0.3%
SKYW	B	-0.29%
SPGI	C	-0.28%
INCY	C	-0.27%
MSI	B	-0.26%
FTNT	C	-0.24%
AMT	D	-0.24%
BLK	C	-0.23%
LHX	C	-0.23%
MGM	D	-0.22%
BIIB	F	-0.21%
XEL	A	-0.21%
GL	B	-0.2%
CLX	B	-0.2%
PSA	D	-0.19%
GAP	C	-0.18%
DOCU	A	-0.18%
HLT	A	-0.18%
LNW	D	-0.17%
WDAY	B	-0.16%
SPG	B	-0.16%
PEGA	A	-0.16%
TPH	D	-0.15%
WFC	A	-0.15%
UBER	D	-0.14%
DASH	A	-0.12%
VEEV	C	-0.12%
BBWI	D	-0.11%
QRVO	F	-0.11%
PLTK	B	-0.1%
ANET	C	-0.08%
DOC	D	-0.08%
BCC	B	-0.07%
L	A	-0.07%
TENB	C	-0.06%
CRUS	D	-0.06%
LYFT	C	-0.06%
QGEN	D	-0.04%
MHO	D	-0.02%
TWLO	A	-0.02%
UNM	A	-0.01%
NWL	B	-0.01%
OGE	B	-0.01%