FDLO vs. XT ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to iShares Exponential Technologies ETF (XT)

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

$61.94

Average Daily Volume

73,601

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

XT

iShares Exponential Technologies ETF

XT Description

The investment seeks to track the investment results of the Morningstar® Exponential Technologies Index which composed of stocks of developed and emerging market companies that create or use exponential technologies. The fund generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a subset of the Morningstar US Market Index and the Morningstar Global Markets ex-US Index family (the "Parent Indexes"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.82

Average Daily Volume

109,404

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	XT
30 Days	-0.23%	0.07%
60 Days	1.39%	2.17%
90 Days	3.55%	0.78%
12 Months	21.09%	10.94%

16 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in XT	Overlap
ABBV	F	0.98%	0.55%	0.55%
ACN	B	1.6%	0.51%	0.51%
AKAM	D	1.03%	0.37%	0.37%
AMZN	C	3.92%	0.68%	0.68%
CCI	C	0.21%	0.43%	0.21%
CSCO	B	1.77%	0.58%	0.58%
FDS	B	0.59%	0.53%	0.53%
GOOGL	C	4.12%	0.64%	0.64%
IBM	C	1.54%	0.62%	0.62%
LLY	F	1.57%	0.61%	0.61%
MRK	D	0.88%	0.44%	0.44%
MSFT	D	6.93%	0.54%	0.54%
REGN	F	0.5%	0.44%	0.44%
ROP	B	1.21%	0.5%	0.5%
TXN	C	1.48%	0.62%	0.62%
TYL	B	1.19%	0.72%	0.72%

FDLO Overweight 109 Positions Relative to XT

Symbol	Grade	Weight
AAPL	C	7.26%
BRK.A	B	2.13%
ORCL	A	2.01%
JPM	A	1.89%
UNH	B	1.55%
MSI	B	1.49%
V	A	1.47%
MA	B	1.34%
HD	B	1.19%
JNJ	C	1.18%
XOM	B	1.17%
VRSN	C	1.08%
DOX	D	1.08%
PG	C	0.99%
T	A	0.99%
TMUS	B	0.97%
CMCSA	B	0.95%
WMT	A	0.95%
VZ	C	0.93%
ABT	B	0.9%
PGR	A	0.84%
MCD	D	0.8%
TMO	F	0.78%
EA	A	0.72%
CB	C	0.72%
ETN	A	0.72%
LOW	C	0.71%
AMGN	F	0.71%
SBUX	A	0.7%
HON	C	0.7%
VRTX	D	0.69%
CVX	A	0.69%
TRV	B	0.69%
CME	B	0.69%
MMC	B	0.67%
ADP	A	0.66%
KO	D	0.66%
TJX	A	0.65%
UNP	C	0.63%
PEP	F	0.62%
PM	B	0.62%
AJG	A	0.61%
AIZ	A	0.61%
BDX	F	0.6%
LMT	D	0.58%
ITW	B	0.56%
WRB	A	0.56%
NKE	F	0.56%
WM	B	0.55%
CBOE	C	0.55%
FAST	B	0.54%
LIN	C	0.53%
ORLY	B	0.53%
JKHY	D	0.51%
PAYX	B	0.51%
GRMN	B	0.51%
NOC	D	0.5%
GD	D	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	D	0.39%
SO	C	0.37%
MDLZ	F	0.37%
CL	D	0.35%
DUK	C	0.35%
WMB	A	0.34%
FCN	F	0.34%
EOG	A	0.32%
EQIX	A	0.31%
XEL	A	0.3%
SHW	B	0.3%
KMB	C	0.3%
KMI	A	0.3%
HII	F	0.29%
AMT	C	0.29%
GIS	D	0.28%
LNG	A	0.28%
AEP	C	0.28%
WEC	A	0.27%
APD	A	0.27%
AEE	A	0.26%
DLR	B	0.26%
PSA	C	0.25%
ED	C	0.25%
CMS	C	0.24%
HSY	F	0.24%
ECL	D	0.24%
DTM	A	0.23%
O	C	0.22%
VMC	B	0.2%
CTVA	C	0.2%
PKG	A	0.19%
MLM	C	0.19%
CTRA	B	0.19%
CSGP	D	0.18%
MAA	B	0.18%
EQR	C	0.18%
ADC	A	0.16%
AMH	C	0.16%
ELS	C	0.16%
ATR	B	0.16%
AMCR	C	0.15%
AVY	F	0.14%

FDLO Underweight 96 Positions Relative to XT

Symbol	Grade	Weight
PLTR	B	-1.86%
NVDA	B	-1.51%
TOST	B	-1.3%
COIN	C	-1.1%
GWRE	A	-0.95%
FTNT	C	-0.88%
AVGO	D	-0.88%
ANET	C	-0.85%
SOFI	B	-0.84%
MRVL	B	-0.84%
ISRG	A	-0.82%
DOCU	B	-0.81%
NOW	A	-0.71%
HUBB	B	-0.7%
BOX	B	-0.68%
CRWD	B	-0.68%
TWLO	A	-0.68%
TW	A	-0.67%
GTLS	A	-0.66%
HUBS	A	-0.66%
ADSK	A	-0.66%
INCY	C	-0.66%
GEN	B	-0.65%
TSLA	B	-0.65%
ALNY	D	-0.65%
SEIC	B	-0.65%
WDC	D	-0.65%
PANW	B	-0.65%
MU	D	-0.64%
HPE	B	-0.64%
CRM	B	-0.63%
FSLR	F	-0.63%
TEAM	A	-0.62%
NEE	C	-0.61%
QCOM	F	-0.6%
WAT	C	-0.6%
STX	C	-0.6%
MANH	D	-0.59%
VEEV	C	-0.58%
RVTY	F	-0.58%
NET	B	-0.57%
VRNS	D	-0.57%
ANSS	B	-0.57%
PTC	B	-0.57%
CCOI	B	-0.57%
ILMN	C	-0.57%
AMD	F	-0.56%
DD	C	-0.56%
KLAC	F	-0.56%
AMAT	F	-0.56%
BMY	B	-0.55%
ADI	D	-0.55%
S	B	-0.54%
TER	F	-0.54%
CDNS	B	-0.54%
CTSH	B	-0.53%
DDOG	A	-0.53%
MTD	F	-0.52%
KEYS	A	-0.51%
NXPI	D	-0.51%
MPWR	F	-0.5%
LRCX	F	-0.49%
ZS	B	-0.49%
SNPS	B	-0.48%
OKTA	C	-0.48%
MKTX	D	-0.48%
JAZZ	B	-0.48%
DT	D	-0.47%
BLKB	B	-0.47%
DBX	B	-0.47%
SBAC	D	-0.43%
ON	D	-0.43%
UMC	F	-0.43%
ALTM	B	-0.43%
ALB	B	-0.42%
SWKS	F	-0.41%
QLYS	B	-0.38%
ESTC	C	-0.37%
XPEV	C	-0.37%
BIDU	F	-0.36%
MCHP	F	-0.36%
MDB	B	-0.35%
BMRN	F	-0.33%
QRVO	F	-0.33%
SNOW	B	-0.33%
BIIB	F	-0.33%
IONS	F	-0.33%
APTV	F	-0.32%
CRSP	D	-0.32%
LI	F	-0.3%
INTC	C	-0.29%
NIO	F	-0.29%
ENPH	F	-0.27%
MRNA	F	-0.22%
FIVN	C	-0.22%
SEDG	F	-0.06%