FCPI vs. MFDX ETF Comparison

Comparison of Fidelity Stocks for Inflation ETF (FCPI) to PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX)

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

$43.18

Average Daily Volume

19,153

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

MFDX

PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF

MFDX Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of "factor portfolios," each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$32.60

Average Daily Volume

18,677

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCPI	MFDX
30 Days	2.69%	2.58%
60 Days	5.44%	6.54%
90 Days	6.03%	7.71%
12 Months	35.72%	20.97%

2 Overlapping Holdings

	Symbol	Grade	Weight in FCPI	Weight in MFDX	Overlap
	ABBV	B	1.73%	0.67%	0.67%
	NXPI	D	0.3%	0.32%	0.3%

FCPI Overweight 98 Positions Relative to MFDX

Symbol	Grade	Weight
AAPL	C	5.31%
MSFT	C	5.19%
NVDA	C	4.97%
VST	B	3.09%
CF	B	2.66%
LLY	D	2.55%
NRG	B	2.51%
STLD	C	2.36%
NUE	D	2.33%
PG	C	2.31%
AM	B	2.15%
TPL	C	2.15%
MPC	F	1.99%
SPG	B	1.95%
AMZN	C	1.92%
HST	D	1.88%
VICI	C	1.85%
VLO	F	1.83%
BRBR	B	1.77%
CL	C	1.67%
MO	C	1.67%
KMB	C	1.61%
COKE	C	1.54%
AVGO	C	1.45%
GOOGL	D	1.4%
HCA	B	1.36%
CI	C	1.31%
ELV	D	1.29%
REGN	D	1.24%
THC	C	1.24%
UHS	C	1.23%
UTHR	B	1.22%
RPRX	C	1.1%
V	C	1.05%
META	B	1.01%
MEDP	F	0.94%
MCK	F	0.94%
PGR	C	0.8%
CAT	B	0.67%
C	C	0.66%
AMP	B	0.65%
RNR	B	0.63%
HIG	B	0.61%
COF	B	0.61%
DFS	C	0.58%
JXN	B	0.57%
IBM	B	0.56%
MTG	B	0.56%
SYF	C	0.56%
CRBG	C	0.56%
FIX	B	0.54%
RGA	C	0.54%
EME	B	0.52%
QCOM	D	0.51%
AMAT	D	0.49%
LDOS	A	0.49%
CSL	B	0.49%
MLI	B	0.46%
BCC	C	0.46%
BKNG	B	0.46%
OC	C	0.42%
MU	D	0.41%
PANW	D	0.39%
LRCX	D	0.38%
APP	C	0.38%
ANET	C	0.38%
KLAC	D	0.38%
EBAY	B	0.35%
CRWD	D	0.35%
APH	C	0.34%
PHM	B	0.33%
FICO	B	0.32%
TOL	A	0.32%
HRB	C	0.32%
ABNB	D	0.32%
WSM	C	0.31%
ATKR	F	0.29%
DELL	C	0.29%
ONTO	C	0.28%
ANF	D	0.28%
NFLX	B	0.27%
DOCU	C	0.26%
GDDY	C	0.26%
GAP	F	0.26%
ZM	C	0.26%
NTAP	D	0.24%
ACIW	B	0.23%
DBX	C	0.23%
CVLT	B	0.22%
SWKS	F	0.21%
CRUS	D	0.21%
QLYS	D	0.19%
VZ	A	0.18%
DIS	D	0.17%
T	B	0.16%
CMCSA	C	0.16%
TMUS	B	0.12%
PINS	D	0.05%

FCPI Underweight 50 Positions Relative to MFDX

Symbol	Grade	Weight
UL	B	-1.18%
NVS	C	-0.65%
MDT	B	-0.35%
TT	B	-0.33%
MUFG	D	-0.32%
ARM	C	-0.28%
MFG	D	-0.28%
SMFG	D	-0.24%
BCS	B	-0.24%
TM	D	-0.21%
GRMN	D	-0.21%
HMC	D	-0.19%
WCN	D	-0.19%
CNI	D	-0.16%
SE	B	-0.16%
SPOT	C	-0.16%
DEO	C	-0.15%
LOGI	D	-0.14%
CHKP	B	-0.13%
ICLR	F	-0.11%
TEVA	D	-0.1%
GOLD	C	-0.1%
LYG	B	-0.1%
RBA	D	-0.09%
WFG	B	-0.08%
E	D	-0.08%
CCEP	C	-0.06%
LULU	D	-0.06%
NMR	F	-0.06%
STLA	F	-0.06%
ALLE	B	-0.05%
ALV	F	-0.04%
QGEN	C	-0.04%
WIX	C	-0.04%
FRO	D	-0.03%
PDS	F	-0.03%
AEI	C	-0.03%
CYBR	B	-0.03%
AGCO	D	-0.03%
TNK	D	-0.02%
ASND	C	-0.02%
DOOO	F	-0.02%
MNDY	C	-0.02%
SONY	C	-0.02%
SFL	D	-0.01%
AER	C	-0.01%
YY	C	-0.01%
IAG	C	-0.01%
MBAVU	D	-0.0%
CSIQ	D	-0.0%