FDLO vs. JEPI ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to JPMorgan Equity Premium Income ETF (JEPI)

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

JEPI

JPMorgan Equity Premium Income ETF

JEPI Description

The investment seeks current income while maintaining prospects for capital appreciation. The fund seeks to provide the majority of the returns associated with its primary benchmark, the Standard & Poor's 500 Total Return Index (S&P 500 Index), while exposing investors to less risk through lower volatility and still offering incremental income. Under normal circumstances, the fund invests at least 80% of its assets in equity securities. It may also invest in other equity securities not included in the S&P 500 Index.

Grade (RS Rating)

Last Trade

$60.16

Average Daily Volume

2,893,017

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	JEPI
30 Days	0.81%	1.71%
60 Days	1.49%	2.75%
90 Days	4.05%	5.60%
12 Months	21.68%	13.92%

50 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in JEPI	Overlap
AAPL	C	7.26%	0.67%	0.67%
ABBV	D	0.98%	1.28%	0.98%
ABT	B	0.9%	0.63%	0.63%
ACN	C	1.6%	0.84%	0.84%
AJG	B	0.61%	0.21%	0.21%
AMT	D	0.29%	0.26%	0.26%
AMZN	C	3.92%	1.61%	1.61%
AZO	C	0.47%	0.8%	0.47%
BRK.A	B	2.13%	0.71%	0.71%
CB	C	0.72%	0.42%	0.42%
CMCSA	B	0.95%	1.34%	0.95%
CME	A	0.69%	1.18%	0.69%
CMS	C	0.24%	0.57%	0.24%
COP	C	0.41%	0.89%	0.41%
ELS	C	0.16%	0.04%	0.04%
EOG	A	0.32%	0.9%	0.32%
EQIX	A	0.31%	0.91%	0.31%
ETN	A	0.72%	1.16%	0.72%
GOOGL	C	4.12%	1.38%	1.38%
HON	B	0.7%	1.42%	0.7%
JKHY	D	0.51%	0.39%	0.39%
JNJ	D	1.18%	0.4%	0.4%
KO	D	0.66%	1.04%	0.66%
LIN	D	0.53%	1.01%	0.53%
LLY	F	1.57%	0.75%	0.75%
LOW	D	0.71%	1.36%	0.71%
MA	C	1.34%	1.59%	1.34%
MCD	D	0.8%	0.61%	0.61%
MDLZ	F	0.37%	1.14%	0.37%
MMC	B	0.67%	0.17%	0.17%
MRK	F	0.88%	0.28%	0.28%
MSFT	F	6.93%	1.41%	1.41%
MSI	B	1.49%	0.32%	0.32%
NOC	D	0.5%	0.13%	0.13%
OTIS	C	0.47%	0.93%	0.47%
PEP	F	0.62%	1.26%	0.62%
PG	A	0.99%	1.13%	0.99%
PGR	A	0.84%	1.68%	0.84%
PM	B	0.62%	0.39%	0.39%
REGN	F	0.5%	0.93%	0.5%
SO	D	0.37%	1.52%	0.37%
TMO	F	0.78%	1.21%	0.78%
TRV	B	0.69%	1.03%	0.69%
TXN	C	1.48%	1.16%	1.16%
UNH	C	1.55%	1.32%	1.32%
UNP	C	0.63%	0.21%	0.21%
V	A	1.47%	1.49%	1.47%
VRTX	F	0.69%	1.17%	0.69%
WMT	A	0.95%	0.65%	0.65%
XOM	B	1.17%	0.95%	0.95%

FDLO Overweight 75 Positions Relative to JEPI

Symbol	Grade	Weight
ORCL	B	2.01%
JPM	A	1.89%
CSCO	B	1.77%
IBM	C	1.54%
ROP	B	1.21%
HD	A	1.19%
TYL	B	1.19%
VRSN	F	1.08%
DOX	D	1.08%
AKAM	D	1.03%
T	A	0.99%
TMUS	B	0.97%
VZ	C	0.93%
EA	A	0.72%
AMGN	D	0.71%
SBUX	A	0.7%
CVX	A	0.69%
ADP	B	0.66%
TJX	A	0.65%
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%
ORLY	B	0.53%
PAYX	C	0.51%
GRMN	B	0.51%
GD	F	0.49%
LHX	C	0.49%
RSG	A	0.47%
TSCO	D	0.46%
ERIE	D	0.45%
BAH	F	0.43%
J	F	0.39%
CL	D	0.35%
DUK	C	0.35%
WMB	A	0.34%
FCN	D	0.34%
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%
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%
ATR	B	0.16%
AMCR	D	0.15%
AVY	D	0.14%

FDLO Underweight 67 Positions Relative to JEPI

Symbol	Grade	Weight
TT	A	-1.73%
NOW	A	-1.63%
NVDA	C	-1.61%
META	D	-1.5%
NEE	D	-1.35%
SYK	C	-1.29%
NXPI	D	-1.21%
YUM	B	-1.17%
ADI	D	-1.16%
COST	B	-1.13%
BMY	B	-1.02%
ROST	C	-0.99%
CRM	B	-0.93%
INTU	C	-0.91%
UPS	C	-0.86%
CTSH	B	-0.83%
FI	A	-0.83%
AXP	A	-0.81%
CSX	B	-0.81%
EMR	A	-0.8%
CMG	B	-0.8%
BKNG	A	-0.8%
MNST	C	-0.77%
SBAC	D	-0.75%
CPAY	A	-0.75%
PEG	A	-0.73%
CHD	B	-0.72%
DE	A	-0.62%
MDT	D	-0.6%
RTX	C	-0.57%
AMP	A	-0.54%
PLD	D	-0.48%
MRVL	B	-0.46%
BSX	B	-0.46%
ASML	F	-0.45%
TDG	D	-0.41%
PCG	A	-0.41%
TXT	D	-0.41%
FDX	B	-0.38%
IR	B	-0.37%
ELV	F	-0.36%
CARR	D	-0.36%
BURL	A	-0.36%
CDNS	B	-0.36%
STX	D	-0.35%
BAC	A	-0.34%
DOW	F	-0.32%
MET	A	-0.32%
URI	B	-0.32%
DHR	F	-0.31%
MU	D	-0.3%
PPG	F	-0.29%
LDOS	C	-0.28%
AON	A	-0.26%
USB	A	-0.26%
HWM	A	-0.23%
KVUE	A	-0.22%
MO	A	-0.21%
LYB	F	-0.18%
KEYS	A	-0.18%
D	C	-0.18%
WELL	A	-0.17%
AME	A	-0.17%
GWW	B	-0.14%
DOV	A	-0.12%
ETR	B	-0.1%
DTE	C	-0.1%