DGRO vs. FHEQ ETF Comparison

Comparison of iShares Core Dividend Growth ETF (DGRO) to Fidelity Hedged Equity ETF (FHEQ)

DGRO

iShares Core Dividend Growth ETF

DGRO Description

The investment seeks to track the investment results of the Morningstar® U.S. Dividend Growth IndexSM. The index is a dividend dollars weighted index that seeks to measure the performance of U.S. companies selected based on a consistent history of growing dividends. The index is a subset of the Morningstar® U.S. Market IndexSM, which is a diversified broad market index that represents approximately 97% of the market capitalization of publicly-traded U.S. stocks. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index.

Grade (RS Rating)

Last Trade

$64.26

Average Daily Volume

1,580,894

Number of Holdings ^*

412

* 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	DGRO	FHEQ
30 Days	1.89%	2.51%
60 Days	3.05%	3.80%
90 Days	5.27%	4.54%
12 Months	28.56%

78 Overlapping Holdings

Symbol	Grade	Weight in DGRO	Weight in FHEQ	Overlap
AAPL	C	2.79%	7.31%	2.79%
ABBV	D	2.12%	1.0%	1.0%
ADP	B	0.56%	0.16%	0.16%
ALL	A	0.23%	0.07%	0.07%
ALLE	D	0.04%	0.44%	0.04%
AMAT	F	0.27%	0.7%	0.27%
AME	A	0.07%	0.22%	0.07%
AMGN	D	0.94%	0.24%	0.24%
AVGO	D	2.28%	1.49%	1.49%
AXP	A	0.41%	0.43%	0.41%
BAC	A	1.77%	1.17%	1.17%
BAH	F	0.06%	0.09%	0.06%
BCC	B	0.01%	0.07%	0.01%
BDX	F	0.24%	0.59%	0.24%
BK	A	0.36%	0.36%	0.36%
BLK	C	0.82%	0.23%	0.23%
BMY	B	1.29%	0.68%	0.68%
C	A	1.17%	0.54%	0.54%
CAH	B	0.12%	0.4%	0.12%
CAT	B	0.72%	0.48%	0.48%
CINF	A	0.13%	0.12%	0.12%
CL	D	0.33%	0.58%	0.33%
CMCSA	B	1.21%	0.83%	0.83%
CME	A	0.39%	0.37%	0.37%
COST	B	0.47%	0.45%	0.45%
CSCO	B	1.72%	0.79%	0.79%
CSX	B	0.23%	0.43%	0.23%
CTAS	B	0.13%	0.66%	0.13%
CVX	A	2.95%	0.02%	0.02%
ECL	D	0.13%	0.62%	0.13%
EOG	A	0.54%	0.43%	0.43%
ETN	A	0.41%	0.15%	0.15%
GILD	C	0.96%	0.73%	0.73%
GL	B	0.02%	0.2%	0.02%
GRMN	B	0.12%	0.31%	0.12%
HD	A	2.24%	1.32%	1.32%
JNJ	D	2.54%	0.61%	0.61%
JPM	A	3.24%	1.82%	1.82%
KLAC	D	0.15%	0.54%	0.15%
KR	B	0.22%	0.11%	0.11%
LHX	C	0.22%	0.23%	0.22%
LLY	F	0.81%	0.76%	0.76%
LMT	D	0.57%	0.69%	0.57%
LRCX	F	0.22%	0.23%	0.22%
MA	C	0.53%	1.34%	0.53%
MDLZ	F	0.45%	0.07%	0.07%
MMC	B	0.36%	0.52%	0.36%
MRK	F	1.49%	0.69%	0.69%
MS	A	1.46%	0.16%	0.16%
MSCI	C	0.12%	0.49%	0.12%
MSFT	F	2.83%	5.64%	2.83%
MSI	B	0.17%	0.26%	0.17%
NEE	D	0.88%	0.73%	0.73%
NOC	D	0.26%	0.56%	0.26%
NSC	B	0.29%	0.26%	0.26%
NUE	C	0.13%	0.32%	0.13%
ORCL	B	0.68%	0.04%	0.04%
PCAR	B	0.17%	0.42%	0.17%
PG	A	2.11%	0.87%	0.87%
PPG	F	0.14%	0.34%	0.14%
QCOM	F	0.83%	0.84%	0.83%
ROST	C	0.1%	0.1%	0.1%
RSG	A	0.1%	0.2%	0.1%
RTX	C	0.76%	0.44%	0.44%
SEIC	B	0.03%	0.54%	0.03%
SPGI	C	0.25%	0.28%	0.25%
TMO	F	0.11%	0.26%	0.11%
TRV	B	0.25%	0.49%	0.25%
TT	A	0.2%	0.69%	0.2%
UNH	C	1.77%	0.57%	0.57%
UNM	A	0.08%	0.01%	0.01%
UNP	C	0.71%	0.73%	0.71%
V	A	0.86%	0.47%	0.47%
VST	B	0.11%	0.11%	0.11%
WM	A	0.26%	0.38%	0.26%
WMT	A	0.88%	0.8%	0.8%
XEL	A	0.3%	0.21%	0.21%
XOM	B	3.04%	1.54%	1.54%

DGRO Overweight 334 Positions Relative to FHEQ

Symbol	Grade	Weight
PEP	F	1.53%
KO	D	1.5%
IBM	C	1.37%
UPS	C	1.13%
GS	A	1.12%
MCD	D	1.11%
COP	C	0.91%
ABT	B	0.87%
MDT	D	0.79%
ACN	C	0.74%
HON	B	0.72%
DUK	C	0.71%
SO	D	0.71%
PNC	B	0.68%
LOW	D	0.65%
LIN	D	0.59%
SBUX	A	0.59%
TGT	F	0.49%
PSX	C	0.46%
ITW	B	0.42%
APD	A	0.41%
AEP	D	0.4%
SRE	A	0.4%
NKE	D	0.39%
ADI	D	0.38%
EMR	A	0.35%
KMB	D	0.35%
MET	A	0.33%
CB	C	0.32%
GD	F	0.31%
PEG	A	0.3%
CMI	A	0.28%
SYK	C	0.28%
MTB	A	0.27%
EIX	B	0.27%
HPQ	B	0.27%
ETR	B	0.26%
INTU	C	0.25%
WEC	A	0.25%
ELV	F	0.25%
AFL	B	0.24%
FAST	B	0.24%
ED	D	0.24%
ICE	C	0.23%
PH	A	0.23%
SYY	B	0.23%
STT	A	0.22%
DFS	B	0.22%
GLW	B	0.22%
NXPI	D	0.22%
ES	D	0.21%
ADM	D	0.2%
ARES	A	0.19%
DTE	C	0.19%
TEL	B	0.19%
FIS	C	0.19%
AEE	A	0.18%
MCHP	D	0.18%
ZTS	D	0.17%
PFG	D	0.17%
YUM	B	0.17%
NTRS	A	0.17%
AMP	A	0.17%
FERG	B	0.16%
SHW	A	0.16%
HSY	F	0.16%
ROK	B	0.15%
AON	A	0.15%
OTIS	C	0.15%
K	A	0.14%
APH	A	0.14%
CMS	C	0.14%
STZ	D	0.14%
EBAY	D	0.13%
SYF	B	0.13%
HIG	B	0.13%
DHR	F	0.13%
LNT	A	0.12%
GPC	D	0.12%
SNA	A	0.12%
FNF	B	0.12%
NI	A	0.12%
AJG	B	0.12%
ATO	A	0.12%
MCO	B	0.12%
OMC	C	0.12%
AWK	D	0.12%
CMA	A	0.11%
RJF	A	0.11%
TSCO	D	0.11%
BAX	D	0.11%
DG	F	0.11%
SJM	D	0.1%
WSO	A	0.1%
SWK	D	0.1%
HCA	F	0.1%
GWW	B	0.1%
NTAP	C	0.1%
IPG	D	0.1%
MCK	B	0.1%
CTVA	C	0.1%
MKC	D	0.09%
AES	F	0.09%
EMN	D	0.09%
WTW	B	0.09%
BR	A	0.09%
EWBC	A	0.09%
NDAQ	A	0.09%
PNW	B	0.09%
EG	C	0.08%
DGX	A	0.08%
STLD	B	0.08%
COR	B	0.08%
HUM	C	0.08%
OVV	B	0.08%
SWKS	F	0.08%
MOS	F	0.07%
RMD	C	0.07%
HUBB	B	0.07%
VMC	B	0.07%
ORI	A	0.07%
CHD	B	0.07%
JEF	A	0.07%
CFR	B	0.07%
HRL	D	0.07%
DOV	A	0.07%
DHI	D	0.07%
CHRW	C	0.07%
ZION	B	0.07%
ROP	B	0.07%
WTRG	B	0.07%
XYL	D	0.07%
IEX	B	0.06%
DKS	C	0.06%
PB	A	0.06%
LW	C	0.06%
OC	A	0.06%
A	D	0.06%
FMC	D	0.06%
AVY	D	0.06%
MAS	D	0.06%
RGA	A	0.06%
RHI	B	0.06%
WSM	B	0.06%
RPM	A	0.06%
CDW	F	0.06%
RS	B	0.06%
EQH	B	0.06%
VOYA	B	0.05%
TXRH	C	0.05%
GBCI	B	0.05%
POR	C	0.05%
EXPD	D	0.05%
CSL	C	0.05%
SSNC	B	0.05%
NXST	C	0.05%
MLM	B	0.05%
OZK	B	0.05%
INGR	B	0.05%
ALB	C	0.05%
AFG	A	0.05%
FAF	A	0.05%
DPZ	C	0.05%
VRSK	A	0.05%
ODFL	B	0.05%
SF	B	0.05%
WTFC	A	0.04%
JBHT	C	0.04%
TPL	A	0.04%
HII	D	0.04%
MSM	C	0.04%
LII	A	0.04%
AXS	A	0.04%
TXNM	A	0.04%
NDSN	B	0.04%
JKHY	D	0.04%
PHM	D	0.04%
CBSH	A	0.04%
HRB	D	0.04%
AIZ	A	0.04%
R	B	0.04%
FDS	B	0.04%
BPOP	B	0.04%
NJR	A	0.04%
SR	A	0.04%
HOMB	A	0.04%
FLO	D	0.04%
PNR	A	0.04%
SCI	B	0.04%
WAL	B	0.04%
CE	F	0.04%
GGG	B	0.04%
POOL	C	0.04%
SON	D	0.04%
SSB	B	0.04%
STE	F	0.04%
NFG	A	0.04%
LECO	B	0.04%
IDA	A	0.04%
G	B	0.03%
LCII	C	0.03%
ESNT	D	0.03%
UCB	A	0.03%
FBIN	D	0.03%
CATY	B	0.03%
MKTX	D	0.03%
GNTX	C	0.03%
BWXT	B	0.03%
AVT	C	0.03%
FFIN	B	0.03%
BC	C	0.03%
PII	D	0.03%
ITT	A	0.03%
ATR	B	0.03%
MAN	D	0.03%
OSK	B	0.03%
THG	A	0.03%
BRO	B	0.03%
KTB	B	0.03%
DCI	B	0.03%
AOS	F	0.03%
NVT	B	0.03%
MTG	C	0.03%
J	F	0.03%
HLI	B	0.03%
OGS	A	0.03%
TTC	D	0.03%
PRI	A	0.03%
MPWR	F	0.03%
PRGO	B	0.03%
EVR	B	0.03%
WLK	D	0.02%
SLGN	A	0.02%
MDU	D	0.02%
LFUS	F	0.02%
ASH	D	0.02%
PWR	A	0.02%
AWR	B	0.02%
DLB	B	0.02%
NSP	D	0.02%
LANC	C	0.02%
MSA	D	0.02%
AGCO	D	0.02%
HI	C	0.02%
AGO	B	0.02%
CADE	B	0.02%
LPX	B	0.02%
CASY	A	0.02%
MGEE	C	0.02%
RNR	C	0.02%
NYT	C	0.02%
SFBS	B	0.02%
LAD	A	0.02%
SNX	C	0.02%
OTTR	C	0.02%
AIT	A	0.02%
UMBF	B	0.02%
TKR	D	0.02%
CNO	A	0.02%
CRI	D	0.02%
WD	D	0.02%
PAG	B	0.02%
GATX	A	0.02%
UFPI	B	0.02%
SIGI	C	0.02%
XRAY	F	0.02%
HLNE	B	0.02%
AL	B	0.02%
FBP	B	0.02%
ERIE	D	0.02%
AVNT	B	0.02%
CBT	C	0.02%
WRB	A	0.02%
RRX	B	0.02%
RGLD	C	0.02%
THO	B	0.02%
WING	D	0.01%
AMTM	D	0.01%
KWR	C	0.01%
GOLF	B	0.01%
AIN	C	0.01%
CHE	D	0.01%
BCPC	B	0.01%
CHDN	B	0.01%
GPI	A	0.01%
IR	B	0.01%
AAON	B	0.01%
WMS	D	0.01%
BRC	D	0.01%
COLM	B	0.01%
IOSP	B	0.01%
CW	B	0.01%
WHD	B	0.01%
BMI	B	0.01%
FELE	B	0.01%
FUL	F	0.01%
BANF	B	0.01%
POWI	D	0.01%
JJSF	B	0.01%
TEX	D	0.01%
MORN	B	0.01%
SSD	D	0.01%
CGNX	C	0.01%
ECG	C	0.01%
MGRC	B	0.01%
LSTR	D	0.01%
WTS	B	0.01%
TTEK	F	0.01%
RUSHA	C	0.01%
EXPO	D	0.01%
RLI	B	0.01%
FCFS	F	0.01%
WDFC	B	0.01%
FIX	A	0.01%
BOKF	B	0.01%
SHOO	D	0.01%
IPAR	B	0.01%
WST	C	0.01%
OLED	D	0.01%
MATX	C	0.01%
SIRI	C	0.01%
AWI	A	0.01%
ABM	B	0.01%
CWT	D	0.01%
DDS	B	0.0%
RUSHB	B	0.0%
ENSG	D	0.0%
HEI	B	0.0%
KNSL	B	0.0%
NNI	D	0.0%
HEI	B	0.0%
CSWI	A	0.0%
WOR	F	0.0%
KAI	A	0.0%

DGRO Underweight 90 Positions Relative to FHEQ

Symbol	Grade	Weight
NVDA	C	-7.27%
AMZN	C	-3.64%
META	D	-2.87%
BRK.A	B	-2.19%
GOOGL	C	-2.02%
GOOG	C	-1.74%
TSLA	B	-1.26%
NFLX	A	-1.26%
CRM	B	-1.09%
ADBE	C	-0.93%
PM	B	-0.92%
TJX	A	-0.73%
T	A	-0.67%
CI	F	-0.63%
PGR	A	-0.63%
SQ	B	-0.59%
DIS	B	-0.57%
SCHW	B	-0.56%
PFE	D	-0.56%
PYPL	B	-0.54%
DVN	F	-0.53%
ZM	B	-0.52%
CVNA	B	-0.52%
TXT	D	-0.51%
DBX	B	-0.51%
CMG	B	-0.49%
MU	D	-0.47%
ZBRA	B	-0.47%
GE	D	-0.45%
IGT	F	-0.45%
EXEL	B	-0.43%
ALRM	C	-0.4%
TDC	D	-0.35%
NOW	A	-0.34%
ANF	C	-0.33%
LDOS	C	-0.32%
MEDP	D	-0.31%
CACI	D	-0.3%
TMUS	B	-0.29%
SKYW	B	-0.29%
HWM	A	-0.27%
INCY	C	-0.27%
IDXX	F	-0.26%
FTNT	C	-0.24%
AMT	D	-0.24%
TROW	B	-0.23%
MGM	D	-0.22%
CVS	D	-0.22%
MMM	D	-0.22%
BIIB	F	-0.21%
CLX	B	-0.2%
PSA	D	-0.19%
GAP	C	-0.18%
DOCU	A	-0.18%
HLT	A	-0.18%
VZ	C	-0.18%
GEHC	F	-0.17%
LNW	D	-0.17%
FTI	A	-0.17%
WDAY	B	-0.16%
SPG	B	-0.16%
PEGA	A	-0.16%
F	C	-0.15%
TPH	D	-0.15%
WFC	A	-0.15%
UBER	D	-0.14%
GEN	B	-0.13%
DASH	A	-0.12%
VEEV	C	-0.12%
SOLV	C	-0.12%
NBIX	C	-0.11%
BBWI	D	-0.11%
QRVO	F	-0.11%
PLTK	B	-0.1%
MKL	A	-0.09%
ANET	C	-0.08%
DOC	D	-0.08%
L	A	-0.07%
TENB	C	-0.06%
CRUS	D	-0.06%
LYFT	C	-0.06%
BLD	D	-0.05%
UTHR	C	-0.05%
QGEN	D	-0.04%
SCCO	F	-0.04%
LPLA	A	-0.03%
MHO	D	-0.02%
TWLO	A	-0.02%
NWL	B	-0.01%
OGE	B	-0.01%