FDLO vs. FTC ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index) (FTC)

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

FTC

First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index)

FTC Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Growth Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Growth Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$146.37

Average Daily Volume

33,503

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	FTC
30 Days	0.81%	9.08%
60 Days	1.49%	12.23%
90 Days	4.05%	15.96%
12 Months	21.68%	42.15%

50 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in FTC	Overlap
AAPL	C	7.26%	0.33%	0.33%
ADP	B	0.66%	0.18%	0.18%
AJG	B	0.61%	0.51%	0.51%
AMGN	D	0.71%	0.31%	0.31%
AMT	D	0.29%	0.41%	0.29%
AMZN	C	3.92%	0.38%	0.38%
AZO	C	0.47%	0.33%	0.33%
BAH	F	0.43%	0.63%	0.43%
BRK.A	B	2.13%	0.49%	0.49%
CBOE	B	0.55%	0.32%	0.32%
CCI	D	0.21%	0.14%	0.14%
CL	D	0.35%	0.43%	0.35%
DLR	B	0.26%	0.18%	0.18%
ECL	D	0.24%	0.47%	0.24%
EQIX	A	0.31%	0.16%	0.16%
ERIE	D	0.45%	0.63%	0.45%
ETN	A	0.72%	0.36%	0.36%
FAST	B	0.54%	0.19%	0.19%
GOOGL	C	4.12%	0.17%	0.17%
GRMN	B	0.51%	0.8%	0.51%
IBM	C	1.54%	0.63%	0.63%
ITW	B	0.56%	0.17%	0.17%
JPM	A	1.89%	0.76%	0.76%
KMB	D	0.3%	0.15%	0.15%
KO	D	0.66%	0.29%	0.29%
LIN	D	0.53%	0.15%	0.15%
LLY	F	1.57%	0.3%	0.3%
MA	C	1.34%	0.17%	0.17%
MCD	D	0.8%	0.33%	0.33%
MMC	B	0.67%	0.33%	0.33%
MSI	B	1.49%	0.73%	0.73%
O	D	0.22%	0.29%	0.22%
ORCL	B	2.01%	0.73%	0.73%
ORLY	B	0.53%	0.35%	0.35%
OTIS	C	0.47%	0.32%	0.32%
PAYX	C	0.51%	0.18%	0.18%
PG	A	0.99%	0.16%	0.16%
PGR	A	0.84%	0.85%	0.84%
PM	B	0.62%	0.7%	0.62%
PSA	D	0.25%	0.44%	0.25%
RSG	A	0.47%	0.35%	0.35%
SHW	A	0.3%	0.68%	0.3%
SO	D	0.37%	0.47%	0.37%
TJX	A	0.65%	0.5%	0.5%
TMUS	B	0.97%	0.77%	0.77%
TSCO	D	0.46%	0.46%	0.46%
TYL	B	1.19%	0.51%	0.51%
VRTX	F	0.69%	0.17%	0.17%
WM	A	0.55%	0.17%	0.17%
WMB	A	0.34%	0.41%	0.34%

FDLO Overweight 75 Positions Relative to FTC

Symbol	Grade	Weight
MSFT	F	6.93%
CSCO	B	1.77%
ACN	C	1.6%
UNH	C	1.55%
TXN	C	1.48%
V	A	1.47%
ROP	B	1.21%
HD	A	1.19%
JNJ	D	1.18%
XOM	B	1.17%
VRSN	F	1.08%
DOX	D	1.08%
AKAM	D	1.03%
T	A	0.99%
ABBV	D	0.98%
CMCSA	B	0.95%
WMT	A	0.95%
VZ	C	0.93%
ABT	B	0.9%
MRK	F	0.88%
TMO	F	0.78%
EA	A	0.72%
CB	C	0.72%
LOW	D	0.71%
SBUX	A	0.7%
HON	B	0.7%
CVX	A	0.69%
TRV	B	0.69%
CME	A	0.69%
UNP	C	0.63%
PEP	F	0.62%
AIZ	A	0.61%
BDX	F	0.6%
FDS	B	0.59%
LMT	D	0.58%
WRB	A	0.56%
NKE	D	0.56%
JKHY	D	0.51%
REGN	F	0.5%
NOC	D	0.5%
GD	F	0.49%
LHX	C	0.49%
COP	C	0.41%
J	F	0.39%
MDLZ	F	0.37%
DUK	C	0.35%
FCN	D	0.34%
EOG	A	0.32%
XEL	A	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%
ED	D	0.25%
CMS	C	0.24%
HSY	F	0.24%
DTM	B	0.23%
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 136 Positions Relative to FTC

Symbol	Grade	Weight
APP	B	-1.81%
PLTR	B	-1.32%
AXON	A	-1.26%
CVNA	B	-1.15%
RCL	A	-1.09%
TRGP	B	-1.08%
EXPE	B	-1.03%
VRT	B	-1.01%
DASH	A	-1.01%
FICO	B	-1.0%
GS	A	-0.99%
GDDY	A	-0.98%
VST	B	-0.97%
KKR	A	-0.96%
EME	C	-0.96%
HWM	A	-0.94%
HOOD	B	-0.92%
UTHR	C	-0.9%
BK	A	-0.9%
WAB	B	-0.9%
PWR	A	-0.9%
AXP	A	-0.89%
CCL	B	-0.88%
TT	A	-0.88%
HEI	B	-0.88%
URI	B	-0.87%
CPNG	D	-0.86%
ALL	A	-0.86%
BURL	A	-0.85%
NRG	B	-0.84%
THC	D	-0.82%
VTR	C	-0.82%
NVDA	C	-0.81%
AMP	A	-0.8%
LYV	A	-0.79%
IRM	D	-0.79%
RBLX	C	-0.79%
FCNCA	A	-0.78%
FI	A	-0.78%
NTRS	A	-0.78%
NOW	A	-0.77%
TPL	A	-0.75%
PH	A	-0.74%
ACGL	D	-0.74%
GEN	B	-0.73%
CEG	D	-0.72%
PCG	A	-0.71%
HCA	F	-0.71%
BSX	B	-0.7%
CTAS	B	-0.7%
BRO	B	-0.7%
COST	B	-0.69%
LII	A	-0.68%
ANET	C	-0.67%
META	D	-0.67%
AVGO	D	-0.66%
CAT	B	-0.66%
PEG	A	-0.65%
FSLR	F	-0.65%
APO	B	-0.64%
GE	D	-0.63%
RMD	C	-0.63%
ALNY	D	-0.62%
FTNT	C	-0.59%
NEE	D	-0.59%
TDG	D	-0.59%
NFLX	A	-0.57%
BKNG	A	-0.57%
TTD	B	-0.56%
GWW	B	-0.55%
DECK	A	-0.54%
CASY	A	-0.53%
HLT	A	-0.53%
ISRG	A	-0.53%
WSO	A	-0.52%
NDAQ	A	-0.52%
COIN	C	-0.52%
WELL	A	-0.51%
BR	A	-0.51%
HUBB	B	-0.5%
CSL	C	-0.49%
MCO	B	-0.49%
SPGI	C	-0.48%
MANH	D	-0.48%
NTAP	C	-0.47%
LVS	C	-0.47%
ICE	C	-0.47%
UBER	D	-0.46%
VLTO	D	-0.45%
XYL	D	-0.44%
EFX	F	-0.43%
TSLA	B	-0.4%
CPAY	A	-0.39%
DELL	C	-0.38%
MAR	B	-0.38%
PANW	C	-0.38%
ADSK	A	-0.37%
APH	A	-0.37%
ARES	A	-0.36%
MO	A	-0.36%
IR	B	-0.35%
DOV	A	-0.35%
SPG	B	-0.35%
IT	C	-0.35%
ROL	B	-0.33%
ROST	C	-0.32%
MSTR	C	-0.32%
RIVN	F	-0.31%
VICI	C	-0.31%
BLD	D	-0.3%
EXR	D	-0.3%
WSM	B	-0.28%
LPLA	A	-0.22%
MPWR	F	-0.21%
CRM	B	-0.2%
CRWD	B	-0.2%
AON	A	-0.18%
MKL	A	-0.18%
WDAY	B	-0.18%
GPN	B	-0.18%
ESS	B	-0.17%
CHD	B	-0.17%
MSCI	C	-0.17%
CMG	B	-0.17%
WAT	B	-0.17%
DKNG	B	-0.17%
SYK	C	-0.17%
MU	D	-0.16%
QCOM	F	-0.16%
AVB	B	-0.16%
SBAC	D	-0.15%
GLPI	C	-0.15%
A	D	-0.14%
ZTS	D	-0.14%
MTD	D	-0.13%
KLAC	D	-0.13%