FCPI vs. FLQL ETF Comparison

Comparison of Fidelity Stocks for Inflation ETF (FCPI) to Franklin LibertyQ U.S. Equity ETF (FLQL)

FCPI

Fidelity Stocks for Inflation ETF

FCPI Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Stocks for Inflation Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Stocks for Inflation Factor Index℠, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles and positive momentum signals, emphasizing industries that tend to outperform in inflationary environments.

Grade (RS Rating)

Last Trade

$40.52

Average Daily Volume

21,148

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

FLQL

Franklin LibertyQ U.S. Equity ETF

FLQL Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Large Cap Equity Index (the U.S. Large Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Large Cap underlying index. The U.S. Large Cap underlying index is based on the Russell 1000® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$55.35

Average Daily Volume

42,475

Number of Holdings ^*

206

* may have additional holdings in another (foreign) market

Performance

Period	FCPI	FLQL
30 Days	1.37%	3.03%
60 Days	7.11%	8.06%
90 Days	6.21%	6.63%
12 Months	26.39%	26.16%

62 Overlapping Holdings

Symbol	Grade	Weight in FCPI	Weight in FLQL	Overlap
AAPL	B	5.26%	6.59%	5.26%
ABBV	B	1.63%	1.43%	1.43%
ACGL	B	0.55%	0.23%	0.23%
ADBE	C	0.47%	1.12%	0.47%
AKAM	F	0.14%	0.08%	0.08%
ALSN	D	0.47%	0.09%	0.09%
AMAT	A	0.57%	1.46%	0.57%
AMGN	B	1.31%	0.96%	0.96%
ANET	A	0.33%	0.61%	0.33%
AVGO	A	1.28%	2.06%	1.28%
BKNG	A	0.63%	0.95%	0.63%
BLDR	D	0.34%	0.16%	0.16%
BRK.A	C	1.35%	1.08%	1.08%
CAH	D	1.05%	0.2%	0.2%
CDNS	B	0.32%	0.61%	0.32%
CF	D	2.18%	0.1%	0.1%
CL	A	1.7%	0.4%	0.4%
CMCSA	F	0.17%	0.85%	0.17%
CNC	D	1.03%	0.11%	0.11%
CRWD	A	0.36%	0.42%	0.36%
CSCO	F	0.46%	1.12%	0.46%
CTSH	D	0.2%	0.19%	0.19%
FCNCA	D	0.49%	0.13%	0.13%
FICO	B	0.24%	0.24%	0.24%
GOOGL	A	1.62%	2.09%	1.62%
HRB	B	0.5%	0.1%	0.1%
IBM	C	0.41%	0.97%	0.41%
KLAC	A	0.42%	0.9%	0.42%
LLY	A	2.76%	1.7%	1.7%
LRCX	A	0.43%	1.06%	0.43%
MA	D	0.85%	1.56%	0.85%
MANH	C	0.18%	0.12%	0.12%
MCK	A	1.4%	0.38%	0.38%
MEDP	C	1.48%	0.1%	0.1%
META	B	0.97%	2.42%	0.97%
MO	B	1.73%	0.63%	0.63%
MOH	F	0.95%	0.1%	0.1%
MPC	D	2.05%	0.5%	0.5%
MSFT	A	5.52%	7.4%	5.52%
MTG	C	0.44%	0.1%	0.1%
NFG	C	2.15%	0.11%	0.11%
NUE	F	1.9%	0.27%	0.27%
NVDA	A	5.37%	5.01%	5.01%
OC	B	0.46%	0.12%	0.12%
OHI	A	1.76%	0.1%	0.1%
PANW	B	0.32%	0.45%	0.32%
PCAR	D	0.45%	0.45%	0.45%
PHM	B	0.51%	0.2%	0.2%
PSA	B	1.64%	0.29%	0.29%
QCOM	A	0.65%	1.74%	0.65%
REGN	A	1.36%	0.76%	0.76%
SPG	B	1.88%	0.37%	0.37%
SWKS	C	0.2%	0.1%	0.1%
SWN	D	2.13%	0.09%	0.09%
SYF	D	0.49%	0.13%	0.13%
T	B	0.16%	0.4%	0.16%
TOL	C	0.55%	0.11%	0.11%
V	D	0.93%	1.71%	0.93%
VRTX	A	1.41%	0.95%	0.95%
VST	B	3.92%	0.22%	0.22%
VZ	C	0.19%	1.16%	0.19%
WSM	B	0.73%	0.17%	0.17%

FCPI Overweight 38 Positions Relative to FLQL

Symbol	Grade	Weight
PG	A	2.25%
CHRD	D	2.15%
LNG	D	1.93%
KMB	A	1.66%
COKE	B	1.64%
AMR	F	1.62%
BRBR	C	1.47%
UTHR	A	1.42%
HUM	C	1.09%
RCL	B	0.59%
KBH	B	0.52%
DFS	D	0.52%
COOP	B	0.52%
ABNB	D	0.52%
CRM	F	0.51%
MTH	C	0.5%
COF	D	0.49%
TMHC	D	0.49%
ADP	C	0.48%
MLI	D	0.44%
RDN	C	0.44%
PAYX	B	0.43%
EG	D	0.43%
ESNT	C	0.43%
ACN	F	0.42%
NOW	C	0.4%
UFPI	D	0.39%
ATKR	F	0.38%
BCC	D	0.37%
APP	C	0.33%
DELL	B	0.32%
PLTR	B	0.32%
NFLX	A	0.3%
ZM	F	0.18%
QLYS	D	0.13%
DBX	F	0.12%
EA	B	0.09%
NYT	B	0.07%

FCPI Underweight 144 Positions Relative to FLQL

Symbol	Grade	Weight
AMZN	B	-3.03%
GOOG	A	-1.8%
UNH	C	-1.73%
MRK	B	-1.58%
JNJ	F	-1.5%
COST	A	-1.27%
TXN	B	-1.12%
ISRG	A	-0.95%
JPM	C	-0.95%
CAT	D	-0.94%
SYK	B	-0.85%
TJX	A	-0.77%
AMD	C	-0.76%
INTU	C	-0.75%
ETN	D	-0.74%
C	D	-0.74%
INTC	F	-0.72%
UBER	C	-0.68%
TSLA	C	-0.67%
WM	C	-0.67%
SNPS	B	-0.6%
CMG	A	-0.58%
MMC	A	-0.56%
ABT	D	-0.56%
ITW	D	-0.48%
HCA	A	-0.48%
ZTS	C	-0.45%
MCO	B	-0.43%
ORLY	C	-0.42%
PSX	D	-0.42%
APH	A	-0.38%
TT	B	-0.37%
BSX	A	-0.35%
VLO	D	-0.34%
DHI	D	-0.33%
MCHP	C	-0.33%
CPRT	D	-0.32%
PH	D	-0.31%
GWW	C	-0.31%
IDXX	C	-0.3%
MAR	C	-0.3%
CI	D	-0.3%
RSG	C	-0.29%
URI	D	-0.29%
LEN	D	-0.28%
FAST	D	-0.23%
HPQ	B	-0.23%
SHW	D	-0.22%
MSI	A	-0.21%
NTAP	A	-0.2%
DECK	B	-0.2%
HPE	A	-0.19%
CTAS	A	-0.18%
NVR	C	-0.17%
LYB	D	-0.17%
IT	D	-0.16%
HLT	B	-0.15%
BR	D	-0.14%
EME	B	-0.14%
LPLA	B	-0.14%
TRV	D	-0.14%
GRMN	B	-0.14%
STLD	D	-0.14%
SCCO	D	-0.13%
ICLR	B	-0.13%
CDW	D	-0.13%
GDDY	B	-0.12%
STE	B	-0.12%
LII	A	-0.12%
LDOS	B	-0.12%
DKS	B	-0.12%
RS	D	-0.12%
WSO	B	-0.12%
CBOE	D	-0.12%
DPZ	B	-0.12%
CASY	B	-0.12%
CSL	B	-0.11%
BLD	B	-0.11%
DRI	D	-0.11%
AVT	B	-0.11%
EHC	B	-0.11%
UHS	A	-0.11%
DVA	B	-0.11%
OGN	B	-0.11%
TXRH	B	-0.11%
RGA	B	-0.11%
FANG	D	-0.11%
CLH	A	-0.11%
JBL	D	-0.11%
ATO	C	-0.11%
OMF	D	-0.1%
LOPE	C	-0.1%
NNN	B	-0.1%
SNA	D	-0.1%
NBIX	C	-0.1%
ITT	D	-0.1%
BAH	B	-0.1%
MAS	C	-0.1%
EVR	B	-0.1%
R	D	-0.1%
PKG	B	-0.1%
LAMR	C	-0.1%
AM	B	-0.1%
MUSA	B	-0.1%
M	D	-0.1%
AIZ	D	-0.09%
AWI	D	-0.09%
STAG	D	-0.09%
WU	D	-0.09%
GNTX	D	-0.09%
CE	D	-0.09%
JNPR	B	-0.09%
GLPI	C	-0.09%
OVV	D	-0.09%
INGR	D	-0.09%
EPR	D	-0.09%
L	D	-0.09%
ACI	F	-0.09%
LEN	D	-0.09%
AYI	D	-0.09%
SLM	D	-0.09%
CUZ	C	-0.09%
EXEL	D	-0.09%
RL	B	-0.09%
LECO	F	-0.08%
NEU	D	-0.08%
HE	F	-0.08%
KRC	F	-0.08%
AGO	D	-0.08%
HII	D	-0.08%
PVH	C	-0.08%
MSM	F	-0.08%
SAIC	D	-0.08%
CHE	D	-0.08%
NTNX	C	-0.08%
EXP	D	-0.08%
SAIA	D	-0.08%
TPR	B	-0.08%
VNT	D	-0.08%
NYCB	F	-0.07%
ULTA	D	-0.07%
BRKR	F	-0.07%
RHI	D	-0.07%
X	F	-0.07%