FDWM vs. JOET ETF Comparison

Comparison of Fidelity Women's Leadership ETF (FDWM) to Virtus Terranova U.S. Quality Momentum ETF (JOET)

FDWM

Fidelity Women's Leadership ETF

FDWM Description

The investment seeks long-term growth of capital. The Advisor normally invests at least 80% of assets in equity securities of companies that prioritize and advance women's leadership and development. The Adviser may invest the fund's assets in securities of foreign issuers in addition to securities of domestic issuers. The fund may invest a significant percentage of its assets in relatively few companies and may invest up to 25% in a single company. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.57

Average Daily Volume

240

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

JOET

Virtus Terranova U.S. Quality Momentum ETF

JOET Description

The investment seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Terranova U.S. Quality Momentum Index. Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the index. The index is designed to track the performance of quality large-capitalization companies listed in the United States. The index includes common stock and ADRs. The fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. securities.

Grade (RS Rating)

Last Trade

$40.10

Average Daily Volume

28,193

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	FDWM	JOET
30 Days	1.42%	6.28%
60 Days	2.22%	9.25%
90 Days	4.17%	11.89%
12 Months	24.15%	37.40%

18 Overlapping Holdings

Symbol	Grade	Weight in FDWM	Weight in JOET	Overlap
ACN	B	2.03%	0.76%	0.76%
AMD	F	1.19%	0.66%	0.66%
AMZN	C	2.56%	0.85%	0.85%
ANET	C	1.41%	0.75%	0.75%
CRM	B	1.62%	0.86%	0.86%
ETN	A	0.94%	0.8%	0.8%
FSLR	F	0.98%	0.72%	0.72%
HBAN	A	0.65%	0.84%	0.65%
HIG	B	1.04%	0.78%	0.78%
JPM	A	1.5%	0.81%	0.81%
MA	B	1.09%	0.78%	0.78%
MSFT	D	3.66%	0.76%	0.76%
NFLX	A	0.66%	0.85%	0.66%
NVDA	B	3.24%	0.79%	0.79%
PGR	A	1.73%	0.8%	0.8%
PH	A	0.87%	0.85%	0.85%
PODD	C	1.1%	0.85%	0.85%
PSA	C	0.75%	0.75%	0.75%

FDWM Overweight 83 Positions Relative to JOET

Symbol	Grade	Weight
AAPL	C	4.35%
GOOG	C	2.61%
DIS	B	1.93%
HOLX	D	1.76%
CI	D	1.69%
WSM	C	1.4%
ADBE	C	1.32%
CDW	F	1.23%
HUBS	A	1.21%
VTR	B	1.16%
NXPI	D	1.16%
CNC	D	1.13%
BAC	A	1.11%
MRVL	B	1.08%
BKR	A	1.04%
NEE	C	1.0%
ALNY	D	1.0%
WEX	D	0.99%
C	A	0.98%
GEV	B	0.96%
NDAQ	A	0.95%
LDOS	C	0.94%
ULTA	F	0.94%
GEN	B	0.93%
MMC	B	0.93%
ELV	F	0.92%
TMHC	C	0.92%
DE	B	0.92%
MU	D	0.87%
INTU	B	0.85%
CLX	A	0.83%
FIS	C	0.82%
EL	F	0.8%
ZTS	D	0.78%
CBT	D	0.78%
HLT	A	0.78%
UPS	C	0.77%
NSIT	F	0.76%
FSS	B	0.74%
OTIS	C	0.71%
SAIC	F	0.71%
RRX	B	0.7%
BALL	F	0.69%
MRK	D	0.68%
GSK	F	0.67%
AR	B	0.66%
ETSY	D	0.64%
EMN	C	0.62%
ICLR	D	0.61%
EXAS	D	0.61%
BBY	D	0.61%
VRTX	D	0.59%
CE	F	0.57%
OLED	F	0.57%
SUM	B	0.57%
USB	A	0.56%
OXY	D	0.55%
PINS	F	0.55%
SBUX	A	0.55%
LOW	C	0.54%
DELL	B	0.53%
EQT	B	0.52%
NVT	B	0.51%
TPR	B	0.51%
ATI	C	0.51%
HSY	F	0.5%
BG	D	0.47%
MAN	F	0.47%
WRBY	A	0.45%
MTN	C	0.44%
VLTO	C	0.42%
NKE	F	0.37%
RUN	F	0.36%
AMN	F	0.36%
ARCB	C	0.34%
ZLAB	C	0.31%
PD	C	0.29%
ELF	C	0.28%
GAP	C	0.24%
RDUS	B	0.24%
SEDG	F	0.21%
MLKN	F	0.2%
SAGE	F	0.08%

FDWM Underweight 106 Positions Relative to JOET

Symbol	Grade	Weight
APP	B	-1.3%
AXON	A	-1.03%
PLTR	B	-1.0%
COIN	C	-0.98%
GRMN	B	-0.97%
SPOT	B	-0.94%
UAL	A	-0.91%
FTNT	C	-0.89%
DAL	B	-0.89%
IBKR	A	-0.89%
DOCU	B	-0.88%
SYF	B	-0.87%
CRWD	B	-0.87%
RCL	A	-0.87%
APO	B	-0.86%
DFS	B	-0.86%
HEI	A	-0.85%
FCNCA	A	-0.85%
SQ	A	-0.85%
NOW	A	-0.84%
HWM	A	-0.84%
CMI	A	-0.83%
PANW	B	-0.83%
CFG	B	-0.83%
RF	A	-0.83%
GM	C	-0.83%
AMP	A	-0.83%
VMC	B	-0.83%
PCAR	B	-0.82%
SYK	B	-0.82%
MTB	A	-0.82%
RJF	A	-0.82%
ORCL	A	-0.82%
ROL	B	-0.81%
IR	B	-0.81%
AXP	A	-0.81%
BR	A	-0.81%
VRT	B	-0.81%
GWW	B	-0.81%
ADSK	A	-0.81%
FAST	B	-0.81%
FITB	B	-0.81%
SPGI	C	-0.8%
DOV	A	-0.8%
ISRG	A	-0.8%
APH	A	-0.8%
TTD	B	-0.8%
BRO	B	-0.8%
CINF	A	-0.79%
ALL	A	-0.79%
COST	A	-0.79%
DDOG	A	-0.79%
NTRS	A	-0.79%
CTAS	B	-0.79%
IT	C	-0.79%
TT	A	-0.79%
DECK	A	-0.79%
RSG	A	-0.79%
WMT	A	-0.78%
WRB	A	-0.78%
PFG	D	-0.78%
PYPL	B	-0.78%
TSCO	D	-0.78%
URI	C	-0.78%
WELL	A	-0.78%
WAB	B	-0.78%
BSX	A	-0.78%
PWR	A	-0.78%
BK	A	-0.77%
TRV	B	-0.77%
MLM	C	-0.77%
BRK.A	B	-0.77%
META	D	-0.76%
NVR	D	-0.76%
AFL	B	-0.76%
AMAT	F	-0.76%
NU	C	-0.75%
CMG	B	-0.75%
CB	C	-0.75%
AVGO	D	-0.75%
CARR	C	-0.75%
CAT	B	-0.75%
ROST	D	-0.75%
LEN	D	-0.74%
EXR	C	-0.74%
CPNG	D	-0.74%
HUBB	B	-0.74%
TW	A	-0.74%
KLAC	F	-0.73%
GD	D	-0.73%
PHM	D	-0.73%
ACGL	C	-0.72%
QCOM	F	-0.72%
XYL	D	-0.71%
RMD	C	-0.71%
UBER	F	-0.7%
ADI	D	-0.7%
DHI	F	-0.69%
MELI	C	-0.69%
O	C	-0.69%
LLY	F	-0.67%
IRM	C	-0.67%
CHKP	C	-0.65%
CEG	C	-0.64%
MPWR	F	-0.49%
SMCI	F	-0.29%