FDLO vs. FFLG ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to Fidelity Fundamental Large Cap Growth ETF (FFLG)

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

FFLG

Fidelity Fundamental Large Cap Growth ETF

FFLG Description

FFLG seeks to achieve long-term capital growth by investing in large-cap companies believed to have above-average growth potential. The adviser generally defines large-caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Growth is measured based on factors such as earnings or revenue. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund invests in both US and non-US companies. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity Growth Opportunities ETF under the ticker FGRO. The fund previously used a semitransparent ETF structure

Grade (RS Rating)

Last Trade

$25.03

Average Daily Volume

30,102

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	FFLG
30 Days	0.81%	2.46%
60 Days	1.49%	5.66%
90 Days	4.05%	6.27%
12 Months	21.68%	40.11%

17 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in FFLG	Overlap
AAPL	C	7.26%	12.07%	7.26%
AMZN	C	3.92%	7.12%	3.92%
CSGP	D	0.18%	0.39%	0.18%
GOOGL	C	4.12%	2.48%	2.48%
LLY	F	1.57%	1.46%	1.46%
LOW	D	0.71%	1.57%	0.71%
MA	C	1.34%	1.95%	1.34%
MSFT	F	6.93%	9.14%	6.93%
PM	B	0.62%	0.24%	0.24%
REGN	F	0.5%	0.59%	0.5%
TJX	A	0.65%	0.63%	0.63%
TMO	F	0.78%	0.57%	0.57%
TMUS	B	0.97%	0.88%	0.88%
UNH	C	1.55%	0.62%	0.62%
VMC	B	0.2%	0.32%	0.2%
WMT	A	0.95%	0.49%	0.49%
XOM	B	1.17%	0.53%	0.53%

FDLO Overweight 108 Positions Relative to FFLG

Symbol	Grade	Weight
BRK.A	B	2.13%
ORCL	B	2.01%
JPM	A	1.89%
CSCO	B	1.77%
ACN	C	1.6%
IBM	C	1.54%
MSI	B	1.49%
TXN	C	1.48%
V	A	1.47%
ROP	B	1.21%
HD	A	1.19%
TYL	B	1.19%
JNJ	D	1.18%
VRSN	F	1.08%
DOX	D	1.08%
AKAM	D	1.03%
PG	A	0.99%
T	A	0.99%
ABBV	D	0.98%
CMCSA	B	0.95%
VZ	C	0.93%
ABT	B	0.9%
MRK	F	0.88%
PGR	A	0.84%
MCD	D	0.8%
EA	A	0.72%
CB	C	0.72%
ETN	A	0.72%
AMGN	D	0.71%
SBUX	A	0.7%
HON	B	0.7%
VRTX	F	0.69%
CVX	A	0.69%
TRV	B	0.69%
CME	A	0.69%
MMC	B	0.67%
ADP	B	0.66%
KO	D	0.66%
UNP	C	0.63%
PEP	F	0.62%
AJG	B	0.61%
AIZ	A	0.61%
BDX	F	0.6%
FDS	B	0.59%
LMT	D	0.58%
ITW	B	0.56%
WRB	A	0.56%
NKE	D	0.56%
WM	A	0.55%
CBOE	B	0.55%
FAST	B	0.54%
LIN	D	0.53%
ORLY	B	0.53%
JKHY	D	0.51%
PAYX	C	0.51%
GRMN	B	0.51%
NOC	D	0.5%
GD	F	0.49%
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%
COP	C	0.41%
J	F	0.39%
SO	D	0.37%
MDLZ	F	0.37%
CL	D	0.35%
DUK	C	0.35%
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%
AMT	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%
CTVA	C	0.2%
PKG	A	0.19%
MLM	B	0.19%
CTRA	B	0.19%
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 74 Positions Relative to FFLG

Symbol	Grade	Weight
NVDA	C	-12.31%
META	D	-5.34%
GOOG	C	-2.82%
UBER	D	-2.21%
NFLX	A	-2.02%
TSM	B	-1.96%
BSX	B	-1.72%
NXPI	D	-1.37%
ASML	F	-1.3%
GE	D	-0.9%
CDNS	B	-0.86%
MPWR	F	-0.85%
LULU	C	-0.8%
ON	D	-0.76%
HUBS	A	-0.76%
CRM	B	-0.75%
MU	D	-0.73%
ALNY	D	-0.71%
MRVL	B	-0.7%
FLEX	A	-0.69%
DHR	F	-0.68%
MDB	C	-0.63%
BLD	D	-0.58%
CVNA	B	-0.57%
BLDR	D	-0.57%
SHOP	B	-0.55%
KDP	D	-0.55%
ICE	C	-0.54%
ABNB	C	-0.52%
MNST	C	-0.52%
IR	B	-0.51%
HWM	A	-0.5%
CMG	B	-0.49%
RH	B	-0.48%
EME	C	-0.46%
COIN	C	-0.45%
GEV	B	-0.44%
SNAP	C	-0.44%
PODD	C	-0.42%
NTNX	A	-0.42%
ROKU	D	-0.38%
FIX	A	-0.37%
BRKR	D	-0.36%
FSLR	F	-0.33%
DPZ	C	-0.33%
HQY	B	-0.33%
FLYW	C	-0.32%
SQ	B	-0.31%
AVGO	D	-0.3%
EXAS	D	-0.3%
NVO	D	-0.28%
ARGX	A	-0.27%
HOOD	B	-0.26%
PCVX	D	-0.24%
TEVA	D	-0.24%
DKS	C	-0.23%
ITCI	C	-0.22%
TMDX	F	-0.21%
ATI	D	-0.19%
RRC	B	-0.19%
AZN	D	-0.18%
LYFT	C	-0.18%
IONS	F	-0.16%
NUVL	D	-0.16%
RIVN	F	-0.14%
MRNA	F	-0.13%
SE	B	-0.13%
RDDT	B	-0.12%
HOLX	D	-0.12%
ROIV	C	-0.1%
IDYA	F	-0.09%
LEGN	F	-0.07%
TGT	F	-0.07%
W	F	-0.03%