FDLO vs. IMCG ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to iShares Morningstar Mid-Cap Growth ETF (IMCG)

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

$61.00

Average Daily Volume

89,039

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

IMCG

iShares Morningstar Mid-Cap Growth ETF

IMCG Description

The investment seeks to track the investment results of the MorningstarÂ® US Mid Cap Broad Growth IndexSM composed of mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by mid-capitalization companies that have exhibited above-average "growth" characteristics as determined by Morningstar, Inc.'s ("Morningstar" or the "index provider") proprietary index methodology.

Grade (RS Rating)

Last Trade

$72.91

Average Daily Volume

92,444

Number of Holdings ^*

299

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	IMCG
30 Days	2.32%	3.85%
60 Days	5.17%	6.05%
90 Days	7.29%	7.62%
12 Months	26.67%	27.67%

35 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in IMCG	Overlap
AKAM	D	1.17%	0.13%	0.13%
AMH	D	0.17%	0.24%	0.17%
AVY	C	0.16%	0.16%	0.16%
AZO	B	0.46%	0.96%	0.46%
BAH	B	0.45%	0.29%	0.29%
CMS	B	0.24%	0.14%	0.14%
CSGP	D	0.19%	0.59%	0.19%
CTRA	F	0.18%	0.13%	0.13%
CTVA	B	0.21%	0.34%	0.21%
DLR	B	0.24%	0.7%	0.24%
EA	D	0.62%	0.45%	0.45%
ELS	D	0.16%	0.15%	0.15%
EQR	C	0.19%	0.2%	0.19%
ERIE	B	0.59%	0.24%	0.24%
FAST	C	0.47%	0.75%	0.47%
FDS	C	0.57%	0.33%	0.33%
GRMN	D	0.42%	0.32%	0.32%
HII	F	0.4%	0.12%	0.12%
HSY	D	0.27%	0.3%	0.27%
J	A	0.42%	0.23%	0.23%
JKHY	B	0.51%	0.24%	0.24%
KMB	C	0.32%	0.31%	0.31%
LNG	D	0.24%	0.23%	0.23%
MAA	C	0.18%	0.13%	0.13%
MLM	D	0.18%	0.63%	0.18%
O	B	0.24%	0.33%	0.24%
OTIS	B	0.45%	0.43%	0.43%
PAYX	C	0.48%	0.8%	0.48%
PSA	C	0.27%	0.51%	0.27%
TRV	C	0.64%	0.44%	0.44%
TSCO	B	0.46%	0.39%	0.39%
TYL	C	1.16%	0.45%	0.45%
VMC	C	0.18%	0.62%	0.18%
VRSN	C	1.09%	0.29%	0.29%
WRB	D	0.53%	0.19%	0.19%

FDLO Overweight 90 Positions Relative to IMCG

Symbol	Grade	Weight
AAPL	C	7.4%
MSFT	C	7.29%
GOOGL	D	3.93%
AMZN	C	3.72%
BRK.A	C	2.07%
LLY	D	1.95%
ORCL	B	1.85%
IBM	B	1.64%
JPM	D	1.63%
CSCO	B	1.6%
ACN	C	1.53%
TXN	B	1.51%
UNH	C	1.51%
MSI	B	1.36%
V	C	1.36%
MA	B	1.27%
JNJ	C	1.26%
ROP	C	1.24%
ABBV	B	1.16%
XOM	D	1.14%
HD	B	1.14%
DOX	C	1.12%
MRK	F	1.08%
PG	C	1.02%
VZ	A	1.0%
T	B	0.95%
TMO	B	0.94%
WMT	B	0.9%
CMCSA	C	0.89%
ABT	C	0.89%
PGR	C	0.86%
AMGN	D	0.85%
TMUS	B	0.83%
MCD	B	0.82%
KO	B	0.76%
REGN	D	0.75%
CB	B	0.73%
VRTX	D	0.69%
MMC	C	0.68%
SBUX	C	0.68%
LOW	B	0.68%
PEP	D	0.67%
ETN	C	0.67%
CME	B	0.66%
UNP	D	0.66%
NKE	D	0.64%
TJX	C	0.64%
CVX	F	0.63%
BDX	D	0.62%
LMT	A	0.62%
HON	C	0.62%
ADP	C	0.61%
PM	C	0.59%
AJG	D	0.57%
CBOE	C	0.57%
LIN	B	0.56%
AIZ	B	0.55%
NOC	B	0.54%
GD	C	0.52%
ITW	B	0.52%
WM	D	0.51%
ORLY	B	0.49%
LHX	C	0.47%
RSG	D	0.46%
MDLZ	C	0.43%
FCN	C	0.4%
COP	F	0.4%
CL	C	0.39%
SO	B	0.38%
DUK	B	0.37%
AMT	C	0.34%
GIS	B	0.33%
AEP	C	0.3%
EOG	D	0.3%
EQIX	B	0.3%
SHW	B	0.3%
XEL	B	0.28%
ED	B	0.27%
WMB	C	0.27%
WEC	B	0.26%
AEE	B	0.25%
APD	B	0.25%
ECL	B	0.25%
KMI	C	0.24%
CCI	C	0.23%
DTM	C	0.18%
PKG	B	0.17%
AMCR	B	0.16%
ATR	B	0.15%
ADC	C	0.15%

FDLO Underweight 264 Positions Relative to IMCG

Symbol	Grade	Weight
PLTR	C	-1.38%
ADSK	B	-1.06%
HLT	B	-1.02%
WDAY	D	-0.98%
ROST	C	-0.94%
FTNT	B	-0.93%
TTD	B	-0.91%
FICO	B	-0.89%
GWW	B	-0.86%
CPRT	D	-0.84%
MSCI	C	-0.81%
DASH	B	-0.8%
PWR	B	-0.79%
IDXX	D	-0.78%
MPWR	B	-0.77%
A	C	-0.76%
EW	F	-0.75%
HWM	B	-0.74%
IR	B	-0.73%
CARR	B	-0.73%
IT	C	-0.73%
AME	C	-0.73%
HES	F	-0.7%
SYY	C	-0.7%
VRSK	D	-0.7%
ODFL	D	-0.69%
SQ	D	-0.69%
YUM	B	-0.68%
EFX	C	-0.68%
RMD	C	-0.67%
NEM	C	-0.66%
GEV	B	-0.65%
VRT	C	-0.64%
ALNY	C	-0.64%
DDOG	D	-0.63%
COIN	F	-0.62%
XYL	C	-0.6%
WAB	B	-0.59%
VEEV	C	-0.59%
AMP	B	-0.57%
ROK	D	-0.56%
MTD	C	-0.56%
CDW	D	-0.56%
ARES	B	-0.54%
JCI	B	-0.54%
LULU	D	-0.54%
CMI	B	-0.53%
RCL	B	-0.53%
ANSS	D	-0.52%
DXCM	F	-0.52%
AXON	B	-0.52%
IQV	D	-0.52%
HUBS	D	-0.5%
APP	C	-0.49%
TEAM	D	-0.48%
SBAC	C	-0.48%
CHD	C	-0.47%
FSLR	C	-0.46%
BRO	C	-0.46%
NET	D	-0.46%
URI	B	-0.46%
TEL	D	-0.45%
RBLX	C	-0.45%
TTWO	D	-0.45%
BR	C	-0.45%
FCNCA	D	-0.45%
STE	B	-0.44%
DECK	C	-0.43%
WST	D	-0.42%
CBRE	B	-0.42%
HUBB	B	-0.42%
SMCI	F	-0.42%
VST	B	-0.41%
GDDY	C	-0.4%
STZ	C	-0.4%
ILMN	D	-0.39%
ALL	C	-0.39%
PTC	C	-0.39%
COR	F	-0.39%
D	C	-0.39%
CSL	B	-0.38%
DFS	C	-0.38%
TRU	B	-0.38%
EME	B	-0.38%
INVH	D	-0.38%
EL	D	-0.37%
MDB	D	-0.37%
CPNG	B	-0.36%
LII	C	-0.36%
FTV	C	-0.35%
TPL	C	-0.34%
DOV	B	-0.34%
BKR	C	-0.34%
PCG	C	-0.33%
WSO	C	-0.32%
LVS	C	-0.32%
IRM	C	-0.32%
BURL	C	-0.32%
SUI	C	-0.32%
MCHP	D	-0.32%
PODD	C	-0.31%
MANH	B	-0.31%
ZS	F	-0.3%
HEI	C	-0.3%
CPAY	B	-0.3%
AVB	C	-0.3%
GEHC	B	-0.3%
LPLA	D	-0.3%
FWONK	C	-0.3%
DD	B	-0.3%
DOW	C	-0.29%
VLTO	B	-0.29%
LYV	A	-0.29%
MSTR	C	-0.29%
PSTG	F	-0.29%
NTRA	C	-0.29%
COO	C	-0.29%
ENPH	D	-0.29%
IEX	C	-0.29%
NTNX	D	-0.28%
AWK	C	-0.27%
DPZ	D	-0.27%
KDP	B	-0.27%
WTW	B	-0.27%
ROL	C	-0.27%
FIX	B	-0.26%
TW	B	-0.26%
TRGP	C	-0.26%
HAL	F	-0.26%
IBKR	B	-0.26%
DT	C	-0.26%
RJF	C	-0.26%
GGG	C	-0.26%
ZBRA	B	-0.26%
NTAP	D	-0.25%
BMRN	F	-0.25%
EXR	C	-0.25%
DELL	C	-0.25%
ACGL	B	-0.25%
DAL	C	-0.25%
PHM	B	-0.24%
WAT	B	-0.24%
FND	C	-0.24%
EQT	C	-0.24%
CLX	C	-0.24%
EXAS	D	-0.24%
NDSN	C	-0.24%
OKTA	F	-0.23%
TTEK	C	-0.23%
ALGN	D	-0.23%
WING	C	-0.23%
TECH	C	-0.23%
MKL	C	-0.23%
CLH	C	-0.23%
SRPT	F	-0.22%
NVT	C	-0.22%
HOOD	C	-0.22%
EBAY	B	-0.22%
DOCU	C	-0.22%
WSM	C	-0.22%
PPG	C	-0.22%
NBIX	F	-0.22%
PFGC	B	-0.22%
KEYS	B	-0.22%
BALL	C	-0.22%
MKC	C	-0.21%
GPN	D	-0.21%
HEI	C	-0.21%
KIM	C	-0.21%
PNR	B	-0.21%
BLDR	C	-0.21%
NDAQ	C	-0.21%
MOH	D	-0.21%
SAIA	D	-0.21%
RPM	B	-0.2%
LECO	D	-0.2%
TWLO	C	-0.2%
AVTR	C	-0.2%
WMS	D	-0.2%
SNAP	D	-0.2%
ON	D	-0.2%
TDY	B	-0.2%
ZBH	F	-0.2%
PINS	D	-0.19%
ENTG	D	-0.19%
DRI	C	-0.19%
DKNG	C	-0.19%
LW	D	-0.18%
MRNA	F	-0.18%
TRMB	C	-0.18%
CASY	D	-0.18%
CHDN	D	-0.18%
TER	C	-0.18%
DAY	D	-0.17%
MEDP	F	-0.17%
ESS	C	-0.17%
ULTA	D	-0.17%
EXPE	C	-0.17%
TSN	D	-0.16%
ACM	B	-0.16%
UDR	C	-0.16%
MORN	C	-0.16%
LDOS	A	-0.16%
JBHT	D	-0.16%
PAYC	D	-0.16%
XPO	D	-0.16%
VTR	C	-0.16%
MAS	B	-0.15%
CNM	F	-0.15%
GEN	A	-0.15%
CINF	C	-0.15%
TXT	D	-0.15%
GPC	D	-0.15%
APTV	D	-0.15%
ALLE	B	-0.14%
LUV	C	-0.14%
BLD	C	-0.14%
SWK	B	-0.14%
WYNN	C	-0.14%
CE	D	-0.14%
JBL	C	-0.13%
AOS	B	-0.13%
USFD	C	-0.13%
NRG	B	-0.12%
SCI	C	-0.12%
RRX	C	-0.12%
AZPN	B	-0.12%
BRKR	D	-0.12%
KMX	D	-0.12%
UHS	C	-0.12%
RVTY	B	-0.12%
DLTR	F	-0.12%
POOL	C	-0.12%
BSY	C	-0.12%
CRL	F	-0.12%
QRVO	F	-0.11%
TOL	A	-0.11%
EPAM	F	-0.11%
INCY	C	-0.11%
CPT	C	-0.11%
U	D	-0.11%
PCOR	D	-0.1%
CELH	F	-0.1%
FFIV	B	-0.1%
ALB	D	-0.1%
ARE	C	-0.1%
DKS	D	-0.1%
REG	C	-0.09%
SNA	B	-0.09%
CCK	B	-0.08%
TFX	B	-0.08%
FLEX	B	-0.08%
BJ	D	-0.08%
AFG	C	-0.07%
DVA	B	-0.07%
MGM	D	-0.07%
HRL	F	-0.06%
UHAL	B	-0.06%
WTRG	D	-0.06%
COTY	D	-0.05%
WLK	C	-0.04%
FWONA	C	-0.03%
ALAB	C	-0.02%
UHAL	B	-0.0%