FDLO vs. EQWL ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to PowerShares Russell Top 200 Equal Weight Portfolio (EQWL)

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$61.98

Average Daily Volume

74,193

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

EQWL

PowerShares Russell Top 200 Equal Weight Portfolio

EQWL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell Top 200 Equal Weight Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the component securities that comprise the underlying index. The underlying index is designed to provide equal-weighted exposure to the securities of the largest 200 companies in the U.S. equity market.

Grade (RS Rating)

Last Trade

$106.55

Average Daily Volume

61,555

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	EQWL
30 Days	0.81%	3.32%
60 Days	1.49%	4.89%
90 Days	4.05%	7.38%
12 Months	21.68%	31.93%

48 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in EQWL	Overlap
AAPL	C	7.26%	0.97%	0.97%
ABBV	D	0.98%	0.83%	0.83%
ABT	B	0.9%	0.94%	0.9%
ACN	C	1.6%	0.98%	0.98%
AMGN	D	0.71%	0.84%	0.71%
AMT	D	0.29%	0.77%	0.29%
AMZN	C	3.92%	1.08%	1.08%
BRK.A	B	2.13%	0.99%	0.99%
CL	D	0.35%	0.82%	0.35%
CMCSA	B	0.95%	1.04%	0.95%
COP	C	0.41%	1.03%	0.41%
CSCO	B	1.77%	1.1%	1.1%
CVX	A	0.69%	1.09%	0.69%
DUK	C	0.35%	0.89%	0.35%
GD	F	0.49%	0.91%	0.49%
GOOGL	C	4.12%	0.58%	0.58%
HD	A	1.19%	1.02%	1.02%
HON	B	0.7%	1.07%	0.7%
IBM	C	1.54%	0.93%	0.93%
JNJ	D	1.18%	0.87%	0.87%
JPM	A	1.89%	1.12%	1.12%
KO	D	0.66%	0.83%	0.66%
LIN	D	0.53%	0.92%	0.53%
LLY	F	1.57%	0.81%	0.81%
LMT	D	0.58%	0.9%	0.58%
LOW	D	0.71%	1.0%	0.71%
MA	C	1.34%	1.0%	1.0%
MCD	D	0.8%	0.96%	0.8%
MDLZ	F	0.37%	0.83%	0.37%
MRK	F	0.88%	0.8%	0.8%
MSFT	F	6.93%	0.94%	0.94%
NKE	D	0.56%	0.91%	0.56%
ORCL	B	2.01%	1.09%	1.09%
PEP	F	0.62%	0.88%	0.62%
PG	A	0.99%	0.91%	0.91%
PM	B	0.62%	0.97%	0.62%
SBUX	A	0.7%	0.95%	0.7%
SO	D	0.37%	0.92%	0.37%
T	A	0.99%	0.97%	0.97%
TMO	F	0.78%	0.83%	0.78%
TMUS	B	0.97%	1.12%	0.97%
TXN	C	1.48%	0.98%	0.98%
UNH	C	1.55%	0.95%	0.95%
UNP	C	0.63%	0.9%	0.63%
V	A	1.47%	1.02%	1.02%
VZ	C	0.93%	0.87%	0.87%
WMT	A	0.95%	0.99%	0.95%
XOM	B	1.17%	1.03%	1.03%

FDLO Overweight 77 Positions Relative to EQWL

Symbol	Grade	Weight
MSI	B	1.49%
ROP	B	1.21%
TYL	B	1.19%
VRSN	F	1.08%
DOX	D	1.08%
AKAM	D	1.03%
PGR	A	0.84%
EA	A	0.72%
CB	C	0.72%
ETN	A	0.72%
VRTX	F	0.69%
TRV	B	0.69%
CME	A	0.69%
MMC	B	0.67%
ADP	B	0.66%
TJX	A	0.65%
AJG	B	0.61%
AIZ	A	0.61%
BDX	F	0.6%
FDS	B	0.59%
ITW	B	0.56%
WRB	A	0.56%
WM	A	0.55%
CBOE	B	0.55%
FAST	B	0.54%
ORLY	B	0.53%
JKHY	D	0.51%
PAYX	C	0.51%
GRMN	B	0.51%
REGN	F	0.5%
NOC	D	0.5%
LHX	C	0.49%
OTIS	C	0.47%
AZO	C	0.47%
RSG	A	0.47%
TSCO	D	0.46%
ERIE	D	0.45%
BAH	F	0.43%
J	F	0.39%
WMB	A	0.34%
FCN	D	0.34%
EOG	A	0.32%
EQIX	A	0.31%
XEL	A	0.3%
SHW	A	0.3%
KMB	D	0.3%
KMI	A	0.3%
HII	D	0.29%
GIS	D	0.28%
LNG	B	0.28%
AEP	D	0.28%
WEC	A	0.27%
APD	A	0.27%
AEE	A	0.26%
DLR	B	0.26%
PSA	D	0.25%
ED	D	0.25%
CMS	C	0.24%
HSY	F	0.24%
ECL	D	0.24%
DTM	B	0.23%
O	D	0.22%
CCI	D	0.21%
VMC	B	0.2%
CTVA	C	0.2%
PKG	A	0.19%
MLM	B	0.19%
CTRA	B	0.19%
CSGP	D	0.18%
MAA	B	0.18%
EQR	B	0.18%
ADC	B	0.16%
AMH	D	0.16%
ELS	C	0.16%
ATR	B	0.16%
AMCR	D	0.15%
AVY	D	0.14%

FDLO Underweight 53 Positions Relative to EQWL

Symbol	Grade	Weight
WFC	A	-1.31%
TSLA	B	-1.29%
MS	A	-1.28%
COF	B	-1.25%
CRM	B	-1.24%
SCHW	B	-1.23%
INTC	D	-1.21%
EMR	A	-1.2%
BKNG	A	-1.2%
GM	B	-1.18%
PYPL	B	-1.17%
GS	A	-1.17%
NVDA	C	-1.17%
DIS	B	-1.14%
NFLX	A	-1.14%
BAC	A	-1.13%
BMY	B	-1.13%
C	A	-1.12%
BLK	C	-1.12%
CHTR	C	-1.1%
USB	A	-1.07%
BK	A	-1.07%
AXP	A	-1.06%
GILD	C	-1.06%
CAT	B	-1.06%
META	D	-1.04%
MET	A	-1.03%
SPG	B	-1.03%
INTU	C	-1.02%
UPS	C	-0.99%
MO	A	-0.99%
F	C	-0.98%
AIG	B	-0.98%
AVGO	D	-0.97%
FDX	B	-0.97%
COST	B	-0.96%
TGT	F	-0.96%
RTX	C	-0.95%
GE	D	-0.95%
DE	A	-0.95%
ADBE	C	-0.94%
MMM	D	-0.94%
QCOM	F	-0.93%
MDT	D	-0.91%
CVS	D	-0.9%
AMD	F	-0.87%
KHC	F	-0.85%
BA	F	-0.84%
PFE	D	-0.84%
DOW	F	-0.84%
NEE	D	-0.84%
DHR	F	-0.83%
GOOG	C	-0.48%