FBCV vs. FDRR ETF Comparison

Comparison of Fidelity Blue Chip Value ETF (FBCV) to Fidelity Dividend ETF for Rising Rates (FDRR)

FBCV

Fidelity Blue Chip Value ETF

FBCV Description

The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.81

Average Daily Volume

11,160

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDRR

Fidelity Dividend ETF for Rising Rates

FDRR Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates. Normally investing at least 80% of assets in securities included in the Fidelity Dividend Index for Rising Rates and in depository receipts representing securities included in the index. The Fidelity Dividend Index for Rising Rates is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends and have a positive correlation of returns to increasing 10-year U.S. Treasury yields.

Grade (RS Rating)

Last Trade

$53.29

Average Daily Volume

19,188

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FBCV	FDRR
30 Days	3.52%	1.87%
60 Days	4.01%	4.38%
90 Days	5.93%	5.21%
12 Months	22.34%	31.25%

25 Overlapping Holdings

Symbol	Grade	Weight in FBCV	Weight in FDRR	Overlap
AVGO	D	0.14%	2.56%	0.14%
BAC	A	2.36%	1.39%	1.39%
BMY	B	1.7%	1.01%	1.01%
CCI	D	0.76%	0.25%	0.25%
CMCSA	B	2.85%	0.74%	0.74%
CSCO	B	2.17%	1.44%	1.44%
CVS	D	1.27%	0.65%	0.65%
DE	A	2.03%	0.68%	0.68%
EIX	B	1.5%	0.24%	0.24%
GEV	B	0.26%	0.44%	0.26%
JNJ	D	1.78%	1.35%	1.35%
JPM	A	3.47%	2.11%	2.11%
KO	D	1.38%	0.81%	0.81%
LMT	D	1.24%	0.79%	0.79%
LOW	D	1.06%	0.95%	0.95%
MRK	F	0.87%	0.97%	0.87%
NEE	D	0.67%	0.48%	0.48%
PG	A	1.26%	1.13%	1.13%
PNC	B	1.33%	0.97%	0.97%
SO	D	0.38%	0.36%	0.36%
SPG	B	0.45%	0.34%	0.34%
UNH	C	2.81%	1.79%	1.79%
USB	A	0.87%	0.86%	0.86%
WFC	A	1.64%	1.37%	1.37%
XOM	B	4.38%	1.09%	1.09%

FBCV Overweight 59 Positions Relative to FDRR

Symbol	Grade	Weight
TRV	B	2.81%
CI	F	2.77%
BRK.A	B	2.65%
PCG	A	2.45%
DIS	B	2.37%
CNC	D	2.14%
BLK	C	2.06%
KVUE	A	1.98%
AZN	D	1.83%
CB	C	1.75%
HRB	D	1.7%
NOC	D	1.38%
ELV	F	1.36%
CTSH	B	1.35%
GEN	B	1.35%
WTW	B	1.23%
KDP	D	1.2%
GILD	C	1.13%
DOX	D	1.13%
NGG	D	1.11%
PNR	A	1.1%
USFD	A	1.0%
CF	B	0.99%
HLN	D	0.98%
ROST	C	0.97%
MTB	A	0.96%
FDX	B	0.91%
NTRS	A	0.86%
SRE	A	0.83%
APO	B	0.77%
JCI	C	0.76%
CCEP	C	0.74%
MDLZ	F	0.74%
CCK	C	0.73%
TSN	B	0.72%
RRX	B	0.69%
EQNR	D	0.66%
LHX	C	0.64%
BJ	A	0.63%
DEO	F	0.62%
MMS	F	0.59%
AES	F	0.56%
MU	D	0.5%
OXY	D	0.49%
CMI	A	0.41%
MUSA	A	0.39%
CHRW	C	0.38%
G	B	0.32%
TPR	B	0.31%
ALSN	B	0.3%
SNY	F	0.3%
OVV	B	0.28%
OTEX	D	0.28%
BNTX	D	0.26%
CFR	B	0.21%
OSK	B	0.16%
NXPI	D	0.15%
AR	B	0.12%
ULTA	F	0.1%

FBCV Underweight 76 Positions Relative to FDRR

Symbol	Grade	Weight
NVDA	C	-8.35%
AAPL	C	-7.22%
MSFT	F	-6.6%
LLY	F	-1.82%
V	A	-1.56%
TXN	C	-1.5%
DELL	C	-1.47%
HD	A	-1.37%
IBM	C	-1.34%
GS	A	-1.23%
ABBV	D	-1.22%
HPQ	B	-1.21%
MS	A	-1.2%
BX	A	-1.09%
GE	D	-0.96%
C	A	-0.95%
CAT	B	-0.94%
GM	B	-0.92%
RTX	C	-0.92%
MCD	D	-0.91%
TJX	A	-0.91%
PM	B	-0.89%
PFE	D	-0.88%
T	A	-0.88%
TFC	A	-0.85%
HON	B	-0.82%
CME	A	-0.79%
SBUX	A	-0.79%
VZ	C	-0.78%
MAR	B	-0.75%
PEP	F	-0.74%
CVX	A	-0.71%
UNP	C	-0.7%
MO	A	-0.68%
TKO	B	-0.68%
BBY	D	-0.67%
FOXA	B	-0.67%
PCAR	B	-0.62%
UPS	C	-0.62%
EA	A	-0.61%
F	C	-0.58%
NKE	D	-0.56%
NWSA	B	-0.55%
LIN	D	-0.54%
OMC	C	-0.53%
NYT	C	-0.5%
TRGP	B	-0.49%
COP	C	-0.43%
WMG	C	-0.42%
NXST	C	-0.42%
IPG	D	-0.4%
EOG	A	-0.36%
PLD	D	-0.35%
PARA	C	-0.34%
DUK	C	-0.33%
PSA	D	-0.3%
APD	A	-0.29%
D	C	-0.27%
AEP	D	-0.27%
FCX	D	-0.25%
OHI	C	-0.25%
NEM	D	-0.24%
EXC	C	-0.24%
VICI	C	-0.24%
IP	B	-0.24%
DVN	F	-0.21%
GLPI	C	-0.21%
WY	D	-0.2%
WPC	D	-0.18%
IFF	D	-0.17%
DOW	F	-0.16%
AMCR	D	-0.16%
WBA	F	-0.15%
LYB	F	-0.15%
CIVI	D	-0.15%
MOS	F	-0.12%