FHEQ vs. SNPV ETF Comparison

Comparison of Fidelity Hedged Equity ETF (FHEQ) to Xtrackers S&P ESG Value ETF (SNPV)

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

SNPV

Xtrackers S&P ESG Value ETF

SNPV Description

The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index. The underlying index is a broad-based, market capitalization weighted index that provides exposure to companies with high environmental, social and governance ("ESG") performance relative to their sector peers, while maintaining similar overall industry group weights as the S&P 500 Value Index. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.46

Average Daily Volume

1,017

Number of Holdings ^*

273

* may have additional holdings in another (foreign) market

Performance

Period	FHEQ	SNPV
30 Days	2.51%	3.24%
60 Days	3.80%	4.42%
90 Days	4.54%	6.52%
12 Months		26.54%

68 Overlapping Holdings

Symbol	Grade	Weight in FHEQ	Weight in SNPV	Overlap
ABBV	D	1.0%	1.31%	1.0%
ADP	B	0.16%	0.52%	0.16%
ALL	A	0.07%	0.36%	0.07%
ALLE	D	0.44%	0.05%	0.05%
AME	A	0.22%	0.17%	0.17%
AMGN	D	0.24%	1.11%	0.24%
AMT	D	0.24%	0.37%	0.24%
AXP	A	0.43%	0.34%	0.34%
BAC	A	1.17%	2.16%	1.17%
BDX	F	0.59%	0.45%	0.45%
BIIB	F	0.21%	0.17%	0.17%
BK	A	0.36%	0.4%	0.36%
BLK	C	0.23%	1.02%	0.23%
BMY	B	0.68%	0.83%	0.68%
C	A	0.54%	0.91%	0.54%
CAH	B	0.4%	0.21%	0.21%
CAT	B	0.48%	0.56%	0.48%
CI	F	0.63%	0.64%	0.63%
CL	D	0.58%	0.32%	0.32%
CMCSA	B	0.83%	1.17%	0.83%
CME	A	0.37%	0.36%	0.36%
CSCO	B	0.79%	1.63%	0.79%
CSX	B	0.43%	0.24%	0.24%
CTAS	B	0.66%	0.24%	0.24%
CVS	D	0.22%	0.49%	0.22%
CVX	A	0.02%	1.91%	0.02%
DIS	B	0.57%	1.38%	0.57%
DOC	D	0.08%	0.1%	0.08%
DVN	F	0.53%	0.17%	0.17%
ECL	D	0.62%	0.22%	0.22%
ETN	A	0.15%	0.39%	0.15%
GE	D	0.45%	0.77%	0.45%
GILD	C	0.73%	0.8%	0.73%
GL	B	0.2%	0.07%	0.07%
HD	A	1.32%	1.76%	1.32%
INCY	C	0.27%	0.1%	0.1%
JPM	A	1.82%	4.8%	1.82%
KR	B	0.11%	0.27%	0.11%
MA	C	1.34%	0.84%	0.84%
MDLZ	F	0.07%	0.36%	0.07%
MGM	D	0.22%	0.02%	0.02%
MRK	F	0.69%	1.04%	0.69%
MS	A	0.16%	1.15%	0.16%
MSCI	C	0.49%	0.14%	0.14%
MSI	B	0.26%	0.25%	0.25%
MU	D	0.47%	0.77%	0.47%
NEE	D	0.73%	1.08%	0.73%
NSC	B	0.26%	0.42%	0.26%
PCAR	B	0.42%	0.11%	0.11%
PG	A	0.87%	1.67%	0.87%
PPG	F	0.34%	0.2%	0.2%
PSA	D	0.19%	0.2%	0.19%
PYPL	B	0.54%	0.61%	0.54%
QCOM	F	0.84%	0.61%	0.61%
RSG	A	0.2%	0.13%	0.13%
SCHW	B	0.56%	0.84%	0.56%
SPGI	C	0.28%	0.64%	0.28%
T	A	0.67%	1.11%	0.67%
TMO	F	0.26%	0.87%	0.26%
TMUS	B	0.29%	0.81%	0.29%
TROW	B	0.23%	0.18%	0.18%
TRV	B	0.49%	0.4%	0.4%
TT	A	0.69%	0.19%	0.19%
UNH	C	0.57%	2.36%	0.57%
UNP	C	0.73%	0.55%	0.55%
V	A	0.47%	1.22%	0.47%
WM	A	0.38%	0.3%	0.3%
WMT	A	0.8%	2.56%	0.8%

FHEQ Overweight 100 Positions Relative to SNPV

Symbol	Grade	Weight
AAPL	C	7.31%
NVDA	C	7.27%
MSFT	F	5.64%
AMZN	C	3.64%
META	D	2.87%
BRK.A	B	2.19%
GOOGL	C	2.02%
GOOG	C	1.74%
XOM	B	1.54%
AVGO	D	1.49%
TSLA	B	1.26%
NFLX	A	1.26%
CRM	B	1.09%
ADBE	C	0.93%
PM	B	0.92%
LLY	F	0.76%
TJX	A	0.73%
AMAT	F	0.7%
LMT	D	0.69%
PGR	A	0.63%
JNJ	D	0.61%
SQ	B	0.59%
NOC	D	0.56%
PFE	D	0.56%
SEIC	B	0.54%
KLAC	D	0.54%
ZM	B	0.52%
CVNA	B	0.52%
MMC	B	0.52%
TXT	D	0.51%
DBX	B	0.51%
CMG	B	0.49%
ZBRA	B	0.47%
IGT	F	0.45%
COST	B	0.45%
RTX	C	0.44%
EOG	A	0.43%
EXEL	B	0.43%
ALRM	C	0.4%
TDC	D	0.35%
NOW	A	0.34%
ANF	C	0.33%
LDOS	C	0.32%
NUE	C	0.32%
MEDP	D	0.31%
GRMN	B	0.31%
CACI	D	0.3%
SKYW	B	0.29%
HWM	A	0.27%
IDXX	F	0.26%
FTNT	C	0.24%
LRCX	F	0.23%
LHX	C	0.23%
MMM	D	0.22%
XEL	A	0.21%
CLX	B	0.2%
GAP	C	0.18%
DOCU	A	0.18%
HLT	A	0.18%
VZ	C	0.18%
GEHC	F	0.17%
LNW	D	0.17%
FTI	A	0.17%
WDAY	B	0.16%
SPG	B	0.16%
PEGA	A	0.16%
F	C	0.15%
TPH	D	0.15%
WFC	A	0.15%
UBER	D	0.14%
GEN	B	0.13%
DASH	A	0.12%
VEEV	C	0.12%
CINF	A	0.12%
SOLV	C	0.12%
NBIX	C	0.11%
BBWI	D	0.11%
QRVO	F	0.11%
VST	B	0.11%
ROST	C	0.1%
PLTK	B	0.1%
MKL	A	0.09%
BAH	F	0.09%
ANET	C	0.08%
BCC	B	0.07%
L	A	0.07%
TENB	C	0.06%
CRUS	D	0.06%
LYFT	C	0.06%
BLD	D	0.05%
UTHR	C	0.05%
ORCL	B	0.04%
QGEN	D	0.04%
SCCO	F	0.04%
LPLA	A	0.03%
MHO	D	0.02%
TWLO	A	0.02%
UNM	A	0.01%
NWL	B	0.01%
OGE	B	0.01%

FHEQ Underweight 205 Positions Relative to SNPV

Symbol	Grade	Weight
ABT	B	-1.39%
GS	A	-1.3%
LOW	D	-1.08%
DHR	F	-1.06%
KO	D	-1.03%
PEP	F	-1.01%
MCD	D	-0.84%
MDT	D	-0.77%
CB	C	-0.75%
PLD	D	-0.74%
INTC	D	-0.74%
ACN	C	-0.72%
LIN	D	-0.72%
UPS	C	-0.68%
ELV	F	-0.65%
ICE	C	-0.62%
PNC	B	-0.57%
WELL	A	-0.54%
USB	A	-0.54%
EMR	A	-0.51%
COF	B	-0.49%
TGT	F	-0.49%
APD	A	-0.48%
GM	B	-0.45%
TFC	A	-0.43%
SLB	C	-0.43%
FI	A	-0.41%
JCI	C	-0.41%
SRE	A	-0.4%
BSX	B	-0.4%
AFL	B	-0.39%
PSX	C	-0.38%
NKE	D	-0.36%
KMI	A	-0.36%
CMI	A	-0.35%
AIG	B	-0.34%
MET	A	-0.34%
NEM	D	-0.33%
FIS	C	-0.33%
PRU	A	-0.32%
EQIX	A	-0.32%
SYK	C	-0.32%
SBUX	A	-0.32%
VLO	C	-0.32%
ADI	D	-0.31%
SHW	A	-0.31%
DE	A	-0.31%
BKR	B	-0.3%
PEG	A	-0.3%
WMB	A	-0.29%
COR	B	-0.29%
CBRE	B	-0.28%
CTVA	C	-0.28%
MCO	B	-0.28%
ITW	B	-0.28%
EXC	C	-0.27%
A	D	-0.27%
AON	A	-0.27%
BX	A	-0.26%
KDP	D	-0.26%
SYY	B	-0.26%
SPYV	A	-0.26%
GIS	D	-0.25%
HPQ	B	-0.25%
MTB	A	-0.25%
WAB	B	-0.24%
OXY	D	-0.24%
ZTS	D	-0.24%
HIG	B	-0.24%
EXR	D	-0.24%
WTW	B	-0.23%
FITB	A	-0.23%
DLR	B	-0.23%
CARR	D	-0.23%
REGN	F	-0.23%
NDAQ	A	-0.23%
AVB	B	-0.23%
ED	D	-0.23%
HUM	C	-0.23%
EBAY	D	-0.22%
FCX	D	-0.22%
AJG	B	-0.22%
CNC	D	-0.22%
ETR	B	-0.22%
ADSK	A	-0.22%
EIX	B	-0.22%
DOW	F	-0.22%
XYL	D	-0.21%
HPE	B	-0.2%
STT	A	-0.2%
RJF	A	-0.2%
GPN	B	-0.2%
PAYX	C	-0.2%
VTR	C	-0.19%
KEYS	A	-0.19%
HAL	C	-0.19%
DOV	A	-0.19%
KHC	F	-0.19%
SW	A	-0.18%
SYF	B	-0.18%
AMP	A	-0.18%
EW	C	-0.18%
HBAN	A	-0.18%
OTIS	C	-0.17%
EQR	B	-0.17%
OKE	A	-0.17%
EQT	B	-0.17%
ADM	D	-0.17%
AWK	D	-0.17%
IQV	D	-0.16%
K	A	-0.16%
WY	D	-0.16%
IFF	D	-0.16%
RF	A	-0.16%
MPC	D	-0.16%
CFG	B	-0.15%
NTRS	A	-0.15%
WDC	D	-0.15%
FSLR	F	-0.15%
LYB	F	-0.15%
ES	D	-0.15%
DFS	B	-0.14%
MKC	D	-0.14%
OMC	C	-0.14%
YUM	B	-0.14%
VRSK	A	-0.13%
IEX	B	-0.13%
DGX	A	-0.13%
BBY	D	-0.13%
PFG	D	-0.13%
PH	A	-0.13%
BALL	D	-0.13%
ROK	B	-0.12%
BAX	D	-0.12%
IRM	D	-0.12%
VOOV	A	-0.12%
TSCO	D	-0.12%
KEY	B	-0.12%
MTD	D	-0.12%
KIM	A	-0.12%
DAL	C	-0.12%
TSN	B	-0.12%
ON	D	-0.11%
EL	F	-0.11%
TTWO	A	-0.11%
HSY	F	-0.11%
ARE	D	-0.11%
NXPI	D	-0.1%
MRNA	F	-0.1%
RVTY	F	-0.1%
SWK	D	-0.1%
PWR	A	-0.1%
AMCR	D	-0.1%
JBHT	C	-0.1%
APTV	D	-0.1%
NTAP	C	-0.1%
HUBB	B	-0.09%
GWW	B	-0.09%
STX	D	-0.09%
CAG	D	-0.09%
CHRW	C	-0.09%
TPR	B	-0.09%
UDR	B	-0.09%
WAT	B	-0.09%
SBAC	D	-0.09%
IPG	D	-0.08%
AIZ	A	-0.08%
TAP	C	-0.08%
BXP	D	-0.08%
BR	A	-0.08%
SJM	D	-0.08%
REG	B	-0.08%
ALB	C	-0.08%
JKHY	D	-0.08%
FDS	B	-0.07%
CRL	C	-0.07%
MKTX	D	-0.07%
CTLT	B	-0.07%
NWSA	B	-0.07%
IVZ	B	-0.06%
CPB	D	-0.06%
HRL	D	-0.06%
HAS	D	-0.06%
FRT	B	-0.06%
IR	B	-0.06%
FMC	D	-0.05%
PARA	C	-0.05%
AKAM	D	-0.05%
CBOE	B	-0.05%
MHK	D	-0.05%
BWA	D	-0.05%
MAS	D	-0.05%
CCL	B	-0.05%
DAY	B	-0.04%
PNR	A	-0.04%
ULTA	F	-0.04%
WBA	F	-0.04%
BEN	C	-0.04%
LVS	C	-0.04%
LW	C	-0.03%
NWS	B	-0.03%
RL	B	-0.03%
CZR	F	-0.03%
DVA	B	-0.03%
HST	C	-0.03%