FDLO vs. RNDV ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to First Trust US Equity Dividend Select ETF (RNDV)

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

$57.38

Average Daily Volume

84,689

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

RNDV

First Trust US Equity Dividend Select ETF

RNDV Description

The US Equity Dividend Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Equity Dividend Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$31.26

Average Daily Volume

5,306

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	RNDV
30 Days	3.23%	-1.43%
60 Days	5.27%	2.36%
90 Days	3.81%	-0.03%
12 Months	16.36%	9.67%

35 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in RNDV	Overlap
ABBV	B	1.2%	1.37%	1.2%
ABT	D	0.9%	0.76%	0.76%
ACN	C	1.19%	1.49%	1.19%
ADP	D	0.6%	0.42%	0.42%
AEP	C	0.32%	0.34%	0.32%
APD	D	0.25%	0.44%	0.25%
BDX	F	0.68%	0.61%	0.61%
CMCSA	F	0.73%	1.48%	0.73%
CME	D	0.76%	0.64%	0.64%
CTRA	D	0.24%	0.61%	0.24%
CVS	D	0.62%	1.14%	0.62%
CVX	C	0.77%	0.85%	0.77%
DLR	A	0.22%	0.32%	0.22%
GIS	D	0.25%	0.56%	0.25%
GRMN	B	0.57%	0.95%	0.57%
HD	C	1.08%	0.98%	0.98%
IBM	B	1.21%	3.4%	1.21%
JNJ	F	1.26%	1.18%	1.18%
KMB	B	0.28%	0.71%	0.28%
LHX	B	0.5%	0.46%	0.46%
LMT	B	0.63%	0.55%	0.55%
LOW	D	0.65%	0.68%	0.65%
MCD	F	0.73%	0.92%	0.73%
MRK	C	1.29%	0.96%	0.96%
MSFT	A	8.08%	0.83%	0.83%
NKE	F	0.61%	0.66%	0.61%
O	D	0.21%	0.49%	0.21%
PAYX	D	0.48%	0.55%	0.48%
PM	A	0.51%	1.09%	0.51%
TRV	D	0.74%	0.56%	0.56%
TXN	B	1.53%	3.64%	1.53%
UNH	C	1.47%	0.61%	0.61%
UNP	D	0.63%	0.39%	0.39%
VZ	B	0.84%	3.55%	0.84%
XOM	C	1.16%	0.66%	0.66%

FDLO Overweight 89 Positions Relative to RNDV

Symbol	Grade	Weight
AAPL	A	7.46%
GOOGL	A	4.86%
AMZN	A	4.01%
LLY	A	2.27%
ORCL	A	1.61%
V	D	1.56%
MA	D	1.44%
CSCO	C	1.3%
MSI	A	1.28%
TYL	B	1.12%
ROP	A	1.11%
PGR	B	1.02%
COST	A	0.99%
PG	C	0.99%
MMC	B	0.94%
CB	C	0.93%
AMGN	B	0.9%
VRSN	C	0.88%
REGN	B	0.86%
VRTX	B	0.86%
AJG	A	0.85%
DOX	D	0.82%
BRO	B	0.81%
WMT	A	0.8%
T	B	0.79%
ETN	D	0.74%
TMUS	A	0.73%
HON	B	0.71%
TJX	A	0.71%
QLYS	D	0.7%
AKAM	F	0.7%
KO	A	0.69%
WRB	B	0.69%
JKHY	C	0.68%
AIZ	D	0.66%
CBOE	D	0.64%
PEP	D	0.64%
FDS	D	0.6%
WM	B	0.59%
EA	B	0.58%
LIN	C	0.58%
GD	C	0.56%
FOXA	A	0.55%
ORLY	B	0.53%
PCAR	D	0.52%
AZO	C	0.52%
SBUX	F	0.52%
RSG	A	0.51%
TSCO	D	0.5%
VRSK	A	0.5%
OTIS	C	0.49%
NOC	D	0.49%
BAH	B	0.47%
GL	C	0.47%
COP	D	0.47%
FCN	C	0.44%
SO	B	0.4%
GGG	D	0.38%
HII	D	0.38%
DUK	D	0.37%
CL	B	0.35%
WMB	B	0.33%
MDLZ	D	0.33%
PLD	C	0.32%
AMT	B	0.31%
KMI	B	0.29%
ECL	B	0.27%
EQIX	C	0.26%
SHW	D	0.26%
ED	D	0.26%
WEC	D	0.25%
DTM	B	0.25%
CMS	D	0.24%
XEL	D	0.24%
PSA	B	0.23%
HSY	F	0.21%
CHK	D	0.21%
CTVA	D	0.2%
CCI	D	0.2%
VMC	D	0.2%
MLM	D	0.19%
PKG	C	0.17%
SBAC	F	0.15%
ATR	D	0.15%
AMH	A	0.15%
BCPC	A	0.14%
ADC	B	0.14%
ELS	C	0.14%
NEU	D	0.11%

FDLO Underweight 61 Positions Relative to RNDV

Symbol	Grade	Weight
HPQ	B	-4.78%
GLW	B	-4.34%
HPE	B	-3.83%
QCOM	B	-2.39%
ADI	B	-2.32%
MCHP	C	-2.17%
BBY	B	-2.14%
IPG	F	-2.07%
HAS	D	-2.06%
TEL	B	-1.94%
PRU	A	-1.54%
BMY	F	-1.51%
OMC	D	-1.49%
TROW	B	-1.39%
BEN	F	-1.3%
MDT	D	-1.24%
MTB	B	-1.19%
NTRS	C	-1.1%
KLAC	B	-1.09%
OKE	A	-1.06%
PFG	D	-1.03%
APH	B	-0.94%
DGX	D	-0.91%
MET	D	-0.91%
GPC	D	-0.9%
CINF	B	-0.84%
BLK	B	-0.83%
AFL	B	-0.82%
CAG	D	-0.79%
CHRW	B	-0.78%
UPS	F	-0.78%
AMCR	D	-0.76%
K	D	-0.71%
CAH	D	-0.69%
KVUE	F	-0.65%
EG	D	-0.6%
CI	D	-0.59%
SWK	D	-0.58%
TSN	C	-0.57%
EOG	C	-0.56%
HRL	D	-0.51%
SNA	D	-0.47%
FMC	F	-0.47%
LEN	D	-0.46%
CMI	D	-0.43%
MAA	B	-0.43%
EMN	D	-0.43%
ESS	B	-0.4%
EVRG	D	-0.39%
PNW	C	-0.38%
ITW	D	-0.38%
FAST	D	-0.37%
POOL	F	-0.37%
EMR	C	-0.36%
EIX	D	-0.36%
ES	D	-0.36%
FRT	C	-0.36%
AVB	B	-0.35%
NSC	D	-0.35%
ETR	D	-0.34%
CF	D	-0.3%