FLRG vs. ACVF ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to American Conservative Values ETF (ACVF)

FLRG

Fidelity U.S. Multifactor ETF

FLRG Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Multifactor Index?. The fund normally invests at least 80% of its assets in securities included in the Fidelity U.S. Multifactor Index?. The Fidelity U.S. Multifactor Index? is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$35.37

Average Daily Volume

51,658

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

ACVF

American Conservative Values ETF

ACVF Description

The investment seeks to achieve long-term capital appreciation; capital preservation is the secondary objective. Under normal circumstances, the fund seeks to meet its investment objective by investing at least 80% of its net assets, plus borrowings for investment purposes, if any, in equity securities of U.S. companies that meet its politically conservative criteria. The equity securities in which It invests will generally be those of companies with large market capitalizations.

Grade (RS Rating)

Last Trade

$45.63

Average Daily Volume

7,781

Number of Holdings ^*

363

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	ACVF
30 Days	3.91%	3.66%
60 Days	5.11%	5.20%
90 Days	6.17%	6.60%
12 Months	32.36%	31.26%

49 Overlapping Holdings

Symbol	Grade	Weight in FLRG	Weight in ACVF	Overlap
ABBV	D	1.29%	0.77%	0.77%
ADP	B	1.17%	0.38%	0.38%
AMAT	F	0.77%	0.52%	0.52%
AMGN	D	0.91%	0.37%	0.37%
ANET	C	0.68%	0.7%	0.68%
APH	A	0.61%	0.2%	0.2%
AVGO	D	1.93%	2.01%	1.93%
AZO	C	0.87%	0.28%	0.28%
BKNG	A	1.15%	0.94%	0.94%
CDNS	B	0.6%	0.46%	0.46%
CI	F	0.83%	0.58%	0.58%
CL	D	0.82%	0.21%	0.21%
CNC	D	0.67%	0.06%	0.06%
CRWD	B	0.67%	0.16%	0.16%
CTSH	B	0.52%	0.25%	0.25%
EA	A	0.17%	0.28%	0.17%
FICO	B	0.63%	0.38%	0.38%
FOXA	B	0.14%	0.14%	0.14%
HD	A	1.62%	1.77%	1.62%
HIG	B	0.95%	0.07%	0.07%
KLAC	D	0.65%	0.3%	0.3%
KMB	D	0.75%	0.08%	0.08%
LEN	D	0.91%	0.09%	0.09%
LLY	F	1.98%	1.48%	1.48%
LMT	D	1.2%	0.34%	0.34%
LRCX	F	0.63%	0.39%	0.39%
MA	C	1.64%	1.7%	1.64%
MCD	D	1.28%	1.0%	1.0%
MCK	B	0.6%	0.28%	0.28%
MO	A	0.82%	0.23%	0.23%
MSFT	F	6.44%	4.56%	4.56%
MSI	B	0.64%	0.83%	0.64%
NUE	C	0.82%	0.09%	0.09%
NVDA	C	6.08%	7.98%	6.08%
NXPI	D	0.55%	0.17%	0.17%
ORLY	B	0.91%	0.48%	0.48%
PAYX	C	1.04%	0.13%	0.13%
PCAR	B	1.03%	0.14%	0.14%
PG	A	1.43%	1.53%	1.43%
PHM	D	0.91%	0.03%	0.03%
PM	B	1.01%	0.58%	0.58%
PSA	D	1.04%	0.15%	0.15%
QCOM	F	0.81%	0.52%	0.52%
REGN	F	0.8%	0.22%	0.22%
SYF	B	0.88%	0.01%	0.01%
T	A	0.41%	0.18%	0.18%
TMUS	B	0.31%	1.05%	0.31%
VRSK	A	1.0%	0.32%	0.32%
VRTX	F	0.79%	0.31%	0.31%

FLRG Overweight 52 Positions Relative to ACVF

Symbol	Grade	Weight
GOOGL	C	3.46%
META	D	2.47%
VST	B	1.76%
V	A	1.66%
JNJ	D	1.35%
PGR	A	1.25%
NFG	A	1.12%
ALSN	B	1.02%
ACGL	D	1.02%
MLI	C	1.0%
BCC	B	0.97%
SNA	A	0.97%
NVR	D	0.94%
CF	B	0.91%
IBM	C	0.9%
DTM	B	0.9%
EG	C	0.9%
JXN	C	0.89%
CRBG	B	0.88%
VICI	C	0.88%
OHI	C	0.87%
MTG	C	0.87%
HRB	D	0.87%
ESNT	D	0.87%
WSM	B	0.86%
RGA	A	0.83%
CTRA	B	0.83%
STLD	B	0.81%
RDN	C	0.81%
VLO	C	0.81%
BRBR	A	0.77%
UTHR	C	0.7%
NFLX	A	0.69%
CHRD	D	0.67%
MOH	F	0.65%
RPRX	D	0.63%
ZM	B	0.56%
DELL	C	0.54%
GDDY	A	0.53%
GEN	B	0.51%
DBX	B	0.5%
AKAM	D	0.5%
ACIW	B	0.5%
NTAP	C	0.49%
CRUS	D	0.47%
VZ	C	0.47%
DOX	D	0.47%
CVLT	B	0.47%
DLB	B	0.45%
SWKS	F	0.43%
QLYS	C	0.42%
CMCSA	B	0.41%

FLRG Underweight 314 Positions Relative to ACVF

Symbol	Grade	Weight
BRK.A	B	-2.76%
TSLA	B	-1.92%
COST	B	-1.72%
CSCO	B	-1.59%
XOM	B	-1.46%
ORCL	B	-1.18%
ADBE	C	-0.98%
NOW	A	-0.95%
INTU	C	-0.92%
PEP	F	-0.9%
TJX	A	-0.88%
ACN	C	-0.88%
LIN	D	-0.85%
FI	A	-0.79%
SO	D	-0.75%
CVX	A	-0.73%
WFC	A	-0.7%
MDLZ	F	-0.65%
MRK	F	-0.65%
SPGI	C	-0.62%
ISRG	A	-0.62%
ETN	A	-0.61%
TXN	C	-0.56%
AMD	F	-0.55%
CPRT	A	-0.54%
TMO	F	-0.52%
UBER	D	-0.51%
ABT	B	-0.51%
NEE	D	-0.51%
CAT	B	-0.51%
SNPS	B	-0.5%
DHR	F	-0.49%
MAR	B	-0.48%
SPOT	B	-0.48%
PANW	C	-0.48%
HON	B	-0.47%
ROP	B	-0.46%
GRMN	B	-0.46%
CME	A	-0.45%
C	A	-0.45%
GE	D	-0.45%
RTX	C	-0.44%
WM	A	-0.44%
ADI	D	-0.44%
CHTR	C	-0.43%
BX	A	-0.42%
MCO	B	-0.42%
CTAS	B	-0.4%
DE	A	-0.39%
CB	C	-0.38%
RSG	A	-0.38%
UNP	C	-0.38%
ICE	C	-0.38%
ABNB	C	-0.37%
VRSN	F	-0.35%
BMY	B	-0.35%
ELV	F	-0.34%
DFS	B	-0.34%
MS	A	-0.33%
PLD	D	-0.33%
EXPE	B	-0.33%
PNC	B	-0.33%
MU	D	-0.32%
DASH	A	-0.32%
INTC	D	-0.32%
ROST	C	-0.31%
SYK	C	-0.31%
OMC	C	-0.3%
ADSK	A	-0.3%
MDT	D	-0.29%
BSX	B	-0.29%
MPC	D	-0.28%
MMC	B	-0.26%
USB	A	-0.26%
MET	A	-0.25%
EQIX	A	-0.24%
HPE	B	-0.23%
COP	C	-0.22%
KKR	A	-0.22%
SHW	A	-0.21%
GEV	B	-0.21%
EMR	A	-0.21%
ZBRA	B	-0.21%
UPS	C	-0.21%
TTWO	A	-0.21%
WDAY	B	-0.21%
FFIV	B	-0.21%
TFC	A	-0.2%
JCI	C	-0.2%
AMP	A	-0.2%
IPG	D	-0.19%
SCHW	B	-0.19%
PH	A	-0.19%
MNST	C	-0.19%
AMT	D	-0.19%
TSCO	D	-0.19%
CSX	B	-0.19%
IT	C	-0.19%
ANSS	B	-0.18%
HUM	C	-0.18%
HLT	A	-0.18%
TT	A	-0.18%
FCX	D	-0.18%
GPN	B	-0.18%
NOC	D	-0.18%
CBOE	B	-0.18%
RBA	A	-0.17%
APD	A	-0.17%
CVS	D	-0.17%
STZ	D	-0.17%
BA	F	-0.17%
AON	A	-0.17%
FTNT	C	-0.17%
ZTS	D	-0.16%
ECL	D	-0.16%
MANH	D	-0.16%
CMI	A	-0.16%
JBL	B	-0.16%
COF	B	-0.16%
SLB	C	-0.15%
HPQ	B	-0.15%
FDX	B	-0.15%
LAD	A	-0.14%
LHX	C	-0.14%
BDX	F	-0.14%
CBRE	B	-0.14%
BLDR	D	-0.14%
ITW	B	-0.14%
NWS	B	-0.13%
DUK	C	-0.13%
EOG	A	-0.13%
COR	B	-0.13%
FIS	C	-0.13%
FITB	A	-0.12%
SKX	D	-0.12%
WELL	A	-0.12%
TDG	D	-0.12%
F	C	-0.12%
FOX	A	-0.12%
NWSA	B	-0.12%
GWW	B	-0.11%
KMI	A	-0.11%
DLR	B	-0.11%
FAST	B	-0.11%
DHI	D	-0.11%
PINS	D	-0.1%
CCI	D	-0.1%
STT	A	-0.1%
LYV	A	-0.1%
CTVA	C	-0.1%
RCL	A	-0.1%
RJF	A	-0.09%
OKE	A	-0.09%
OXY	D	-0.09%
GILD	C	-0.09%
MMM	D	-0.09%
HCA	F	-0.09%
EBAY	D	-0.09%
RKT	F	-0.09%
WMB	A	-0.09%
NTRS	A	-0.08%
SPG	B	-0.08%
GLW	B	-0.08%
BKR	B	-0.08%
CEG	D	-0.08%
ODFL	B	-0.08%
GD	F	-0.08%
EW	C	-0.08%
RF	A	-0.08%
MGM	D	-0.08%
PEG	A	-0.08%
WTW	B	-0.08%
PPG	F	-0.07%
CAH	B	-0.07%
BK	A	-0.07%
GEHC	F	-0.07%
AME	A	-0.07%
NEM	D	-0.07%
GIS	D	-0.07%
CFG	B	-0.07%
IP	B	-0.07%
WAB	B	-0.07%
EFX	F	-0.07%
VLTO	D	-0.07%
ADM	D	-0.07%
XEL	A	-0.07%
TROW	B	-0.07%
IR	B	-0.07%
CARR	D	-0.07%
IQV	D	-0.07%
GPC	D	-0.06%
BALL	D	-0.06%
MSCI	C	-0.06%
UAL	A	-0.06%
KEYS	A	-0.06%
BBY	D	-0.06%
ETSY	D	-0.06%
LUV	C	-0.06%
EIX	B	-0.06%
AFL	B	-0.06%
MCHP	D	-0.06%
KSS	F	-0.06%
EQR	B	-0.06%
A	D	-0.06%
DRI	B	-0.06%
BR	A	-0.06%
DG	F	-0.06%
UAA	C	-0.06%
AVB	B	-0.06%
UA	C	-0.06%
AAL	B	-0.06%
TRV	B	-0.05%
FTV	C	-0.05%
AIG	B	-0.05%
FE	C	-0.05%
CHD	B	-0.05%
HBAN	A	-0.05%
ALL	A	-0.05%
HSY	F	-0.05%
CDW	F	-0.05%
DD	D	-0.05%
NSC	B	-0.05%
DXCM	D	-0.05%
ILMN	D	-0.05%
WEC	A	-0.05%
TYL	B	-0.05%
LVS	C	-0.05%
OTIS	C	-0.05%
HAL	C	-0.05%
AJG	B	-0.05%
CINF	A	-0.05%
KHC	F	-0.05%
KEY	B	-0.04%
L	A	-0.04%
KR	B	-0.04%
YUM	B	-0.04%
HES	B	-0.04%
IDXX	F	-0.04%
DPZ	C	-0.04%
J	F	-0.04%
APTV	D	-0.04%
VEEV	C	-0.04%
AMCR	D	-0.04%
RMD	C	-0.04%
DTE	C	-0.04%
EXPD	D	-0.04%
PKG	A	-0.04%
STX	D	-0.04%
ES	D	-0.04%
WY	D	-0.04%
LH	C	-0.04%
LYB	F	-0.04%
PRU	A	-0.04%
ROK	B	-0.03%
VMC	B	-0.03%
CNP	B	-0.03%
MKC	D	-0.03%
TPR	B	-0.03%
BWA	D	-0.03%
EL	F	-0.03%
DLTR	F	-0.03%
D	C	-0.03%
PWR	A	-0.03%
CHRW	C	-0.03%
ZBH	C	-0.03%
PFG	D	-0.03%
POOL	C	-0.03%
DOW	F	-0.03%
SYY	B	-0.03%
EXC	C	-0.03%
AEP	D	-0.03%
VTR	C	-0.03%
ULTA	F	-0.03%
SRE	A	-0.03%
IFF	D	-0.02%
JBHT	C	-0.02%
BIIB	F	-0.02%
SBAC	D	-0.02%
PVH	C	-0.02%
MOS	F	-0.02%
RL	B	-0.02%
HST	C	-0.02%
ARE	D	-0.02%
PAYC	B	-0.02%
LKQ	D	-0.02%
WBA	F	-0.02%
HOLX	D	-0.02%
INCY	C	-0.02%
XYL	D	-0.02%
SW	A	-0.02%
WYNN	D	-0.02%
AWK	D	-0.02%
MKTX	D	-0.02%
O	D	-0.02%
BBWI	D	-0.02%
FMC	D	-0.01%
CE	F	-0.01%
AES	F	-0.01%
AEE	A	-0.01%
AAP	C	-0.01%
SLVM	B	-0.01%
ED	D	-0.01%
PHIN	A	-0.01%
ALB	C	-0.01%
HAS	D	-0.01%
BEN	C	-0.01%
SOLV	C	-0.01%
CLX	B	-0.01%
MAA	B	-0.01%
EXR	D	-0.01%
MTD	D	-0.0%
EMBC	C	-0.0%
FTRE	D	-0.0%
IVZ	B	-0.0%