FDMO vs. EQWL ETF Comparison

Comparison of Fidelity Momentum Factor ETF (FDMO) to PowerShares Russell Top 200 Equal Weight Portfolio (EQWL)

FDMO

Fidelity Momentum Factor ETF

FDMO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.

Grade (RS Rating)

Last Trade

$71.42

Average Daily Volume

35,646

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

EQWL

PowerShares Russell Top 200 Equal Weight Portfolio

EQWL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell Top 200 Equal Weight Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the component securities that comprise the underlying index. The underlying index is designed to provide equal-weighted exposure to the securities of the largest 200 companies in the U.S. equity market.

Grade (RS Rating)

Last Trade

$106.55

Average Daily Volume

61,555

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FDMO	EQWL
30 Days	6.00%	3.32%
60 Days	8.27%	4.89%
90 Days	10.44%	7.38%
12 Months	42.98%	31.93%

39 Overlapping Holdings

Symbol	Grade	Weight in FDMO	Weight in EQWL	Overlap
AAPL	C	6.8%	0.97%	0.97%
ABBV	D	1.08%	0.83%	0.83%
AMZN	C	3.76%	1.08%	1.08%
AVGO	D	2.03%	0.97%	0.97%
AXP	A	0.9%	1.06%	0.9%
BAC	A	1.21%	1.13%	1.13%
BK	A	0.7%	1.07%	0.7%
BKNG	A	0.66%	1.2%	0.66%
BRK.A	B	2.14%	0.99%	0.99%
CAT	B	0.73%	1.06%	0.73%
CL	D	0.33%	0.82%	0.33%
COST	B	0.92%	0.96%	0.92%
CVX	A	0.67%	1.09%	0.67%
DHR	F	0.92%	0.83%	0.83%
DUK	C	0.35%	0.89%	0.35%
GE	D	0.74%	0.95%	0.74%
GM	B	0.5%	1.18%	0.5%
GOOGL	C	3.54%	0.58%	0.58%
GS	A	0.99%	1.17%	0.99%
HD	A	1.08%	1.02%	1.02%
JPM	A	1.88%	1.12%	1.12%
KO	D	0.61%	0.83%	0.61%
LIN	D	0.51%	0.92%	0.51%
LLY	F	1.68%	0.81%	0.81%
META	D	2.39%	1.04%	1.04%
MO	A	0.37%	0.99%	0.37%
MSFT	F	6.21%	0.94%	0.94%
NEE	D	0.47%	0.84%	0.47%
NFLX	A	0.88%	1.14%	0.88%
NVDA	C	6.97%	1.17%	1.17%
PG	A	0.92%	0.91%	0.91%
PM	B	0.55%	0.97%	0.55%
RTX	C	0.66%	0.95%	0.66%
SPG	B	0.25%	1.03%	0.25%
T	A	0.52%	0.97%	0.52%
TMUS	B	0.45%	1.12%	0.45%
TSLA	B	2.03%	1.29%	1.29%
WMT	A	0.86%	0.99%	0.86%
XOM	B	1.12%	1.03%	1.03%

FDMO Overweight 83 Positions Relative to EQWL

Symbol	Grade	Weight
PLTR	B	1.3%
APP	B	1.27%
COIN	C	1.09%
ISRG	A	1.06%
BSX	B	0.95%
MSI	B	0.88%
NTRA	B	0.87%
PGR	A	0.87%
FICO	B	0.86%
HOOD	B	0.83%
ANET	C	0.82%
KKR	A	0.8%
HCA	F	0.78%
QTWO	A	0.78%
GDDY	A	0.78%
CVLT	B	0.74%
GKOS	B	0.74%
RVMD	C	0.73%
SYF	B	0.72%
THC	D	0.72%
RNA	D	0.7%
UBER	D	0.67%
EVR	B	0.67%
HIG	B	0.67%
FIS	C	0.65%
TJX	A	0.61%
TT	A	0.59%
JXN	C	0.59%
MPWR	F	0.56%
CTAS	B	0.54%
HWM	A	0.52%
CARR	D	0.51%
VRT	B	0.51%
URI	B	0.5%
TDG	D	0.5%
RCL	A	0.48%
FIX	A	0.47%
EME	C	0.47%
MLI	C	0.44%
ZETA	D	0.43%
EBAY	D	0.42%
DY	D	0.42%
TRU	D	0.4%
SN	D	0.39%
LDOS	C	0.38%
CVNA	B	0.38%
TTD	B	0.32%
LUMN	C	0.32%
VST	B	0.31%
WMB	A	0.3%
OKE	A	0.3%
SHW	A	0.29%
CEG	D	0.29%
KMI	A	0.28%
PEG	A	0.28%
KMB	D	0.28%
WELL	A	0.28%
AEP	D	0.28%
TRGP	B	0.27%
FRPT	B	0.24%
NRG	B	0.24%
TPL	A	0.24%
PSA	D	0.24%
DLR	B	0.24%
SFM	A	0.24%
ECL	D	0.23%
CBRE	B	0.21%
NEM	D	0.2%
DTM	B	0.2%
EXR	D	0.2%
IRM	D	0.19%
EQR	B	0.19%
FTI	A	0.19%
ESS	B	0.18%
SW	A	0.17%
JLL	D	0.16%
CRS	A	0.16%
PKG	A	0.16%
IFF	D	0.15%
SLG	B	0.15%
VNO	B	0.15%
LPX	B	0.15%
ATI	D	0.14%

FDMO Underweight 62 Positions Relative to EQWL

Symbol	Grade	Weight
WFC	A	-1.31%
MS	A	-1.28%
COF	B	-1.25%
CRM	B	-1.24%
SCHW	B	-1.23%
INTC	D	-1.21%
EMR	A	-1.2%
PYPL	B	-1.17%
DIS	B	-1.14%
BMY	B	-1.13%
C	A	-1.12%
BLK	C	-1.12%
CSCO	B	-1.1%
CHTR	C	-1.1%
ORCL	B	-1.09%
USB	A	-1.07%
HON	B	-1.07%
GILD	C	-1.06%
CMCSA	B	-1.04%
MET	A	-1.03%
COP	C	-1.03%
V	A	-1.02%
INTU	C	-1.02%
LOW	D	-1.0%
MA	C	-1.0%
UPS	C	-0.99%
TXN	C	-0.98%
F	C	-0.98%
AIG	B	-0.98%
ACN	C	-0.98%
FDX	B	-0.97%
MCD	D	-0.96%
TGT	F	-0.96%
UNH	C	-0.95%
DE	A	-0.95%
SBUX	A	-0.95%
ABT	B	-0.94%
ADBE	C	-0.94%
MMM	D	-0.94%
IBM	C	-0.93%
QCOM	F	-0.93%
SO	D	-0.92%
MDT	D	-0.91%
NKE	D	-0.91%
GD	F	-0.91%
UNP	C	-0.9%
CVS	D	-0.9%
LMT	D	-0.9%
PEP	F	-0.88%
AMD	F	-0.87%
JNJ	D	-0.87%
VZ	C	-0.87%
KHC	F	-0.85%
BA	F	-0.84%
PFE	D	-0.84%
DOW	F	-0.84%
AMGN	D	-0.84%
MDLZ	F	-0.83%
TMO	F	-0.83%
MRK	F	-0.8%
AMT	D	-0.77%
GOOG	C	-0.48%