FLRG vs. AFLG ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to Active Factor Large Cap ETF (AFLG)

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

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.73

Average Daily Volume

35,934

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	AFLG
30 Days	3.91%	4.50%
60 Days	5.11%	5.60%
90 Days	6.17%	7.89%
12 Months	32.36%	37.65%

67 Overlapping Holdings

Symbol	Grade	Weight in FLRG	Weight in AFLG	Overlap
ABBV	D	1.29%	0.82%	0.82%
ACGL	D	1.02%	0.17%	0.17%
AMAT	F	0.77%	0.34%	0.34%
ANET	C	0.68%	0.13%	0.13%
APH	A	0.61%	0.58%	0.58%
AVGO	D	1.93%	1.27%	1.27%
AZO	C	0.87%	0.17%	0.17%
BKNG	A	1.15%	0.28%	0.28%
CDNS	B	0.6%	0.05%	0.05%
CF	B	0.91%	0.42%	0.42%
CI	F	0.83%	0.15%	0.15%
CL	D	0.82%	0.58%	0.58%
CMCSA	B	0.41%	0.55%	0.41%
CNC	D	0.67%	0.19%	0.19%
CRBG	B	0.88%	0.09%	0.09%
CTSH	B	0.52%	0.45%	0.45%
DELL	C	0.54%	0.14%	0.14%
EA	A	0.17%	0.32%	0.17%
EG	C	0.9%	0.15%	0.15%
FICO	B	0.63%	0.8%	0.63%
FOXA	B	0.14%	0.55%	0.14%
GDDY	A	0.53%	0.55%	0.53%
GEN	B	0.51%	0.1%	0.1%
GOOGL	C	3.46%	2.04%	2.04%
HIG	B	0.95%	1.11%	0.95%
IBM	C	0.9%	0.44%	0.44%
JNJ	D	1.35%	0.7%	0.7%
KLAC	D	0.65%	0.1%	0.1%
KMB	D	0.75%	0.05%	0.05%
LEN	D	0.91%	0.32%	0.32%
LLY	F	1.98%	0.42%	0.42%
LMT	D	1.2%	0.34%	0.34%
MA	C	1.64%	0.21%	0.21%
MCK	B	0.6%	0.53%	0.53%
META	D	2.47%	1.8%	1.8%
MO	A	0.82%	0.99%	0.82%
MOH	F	0.65%	0.08%	0.08%
MSFT	F	6.44%	4.6%	4.6%
MSI	B	0.64%	0.39%	0.39%
NFLX	A	0.69%	0.91%	0.69%
NTAP	C	0.49%	0.63%	0.49%
NUE	C	0.82%	0.37%	0.37%
NVDA	C	6.08%	5.45%	5.45%
NVR	D	0.94%	0.47%	0.47%
NXPI	D	0.55%	0.05%	0.05%
ORLY	B	0.91%	0.06%	0.06%
PCAR	B	1.03%	0.39%	0.39%
PG	A	1.43%	0.84%	0.84%
PGR	A	1.25%	0.73%	0.73%
PHM	D	0.91%	0.52%	0.52%
PM	B	1.01%	0.35%	0.35%
PSA	D	1.04%	0.05%	0.05%
QCOM	F	0.81%	0.88%	0.81%
SNA	A	0.97%	0.63%	0.63%
STLD	B	0.81%	0.47%	0.47%
SWKS	F	0.43%	0.2%	0.2%
SYF	B	0.88%	0.29%	0.29%
T	A	0.41%	0.18%	0.18%
TMUS	B	0.31%	0.35%	0.31%
UTHR	C	0.7%	0.04%	0.04%
V	A	1.66%	0.3%	0.3%
VICI	C	0.88%	0.44%	0.44%
VLO	C	0.81%	0.31%	0.31%
VST	B	1.76%	1.26%	1.26%
VZ	C	0.47%	0.49%	0.47%
WSM	B	0.86%	0.41%	0.41%
ZM	B	0.56%	0.23%	0.23%

FLRG Overweight 34 Positions Relative to AFLG

Symbol	Grade	Weight
HD	A	1.62%
MCD	D	1.28%
ADP	B	1.17%
NFG	A	1.12%
PAYX	C	1.04%
ALSN	B	1.02%
MLI	C	1.0%
VRSK	A	1.0%
BCC	B	0.97%
AMGN	D	0.91%
DTM	B	0.9%
JXN	C	0.89%
OHI	C	0.87%
MTG	C	0.87%
HRB	D	0.87%
ESNT	D	0.87%
RGA	A	0.83%
CTRA	B	0.83%
RDN	C	0.81%
REGN	F	0.8%
VRTX	F	0.79%
BRBR	A	0.77%
CRWD	B	0.67%
CHRD	D	0.67%
RPRX	D	0.63%
LRCX	F	0.63%
DBX	B	0.5%
AKAM	D	0.5%
ACIW	B	0.5%
CRUS	D	0.47%
DOX	D	0.47%
CVLT	B	0.47%
DLB	B	0.45%
QLYS	C	0.42%

FLRG Underweight 181 Positions Relative to AFLG

Symbol	Grade	Weight
AAPL	C	-7.06%
AMZN	C	-1.78%
BRK.A	B	-1.57%
APP	B	-1.29%
COST	B	-0.9%
UHS	D	-0.89%
NRG	B	-0.81%
RL	B	-0.79%
AFL	B	-0.75%
XOM	B	-0.74%
BK	A	-0.73%
CTAS	B	-0.7%
EME	C	-0.68%
BSX	B	-0.68%
ELV	F	-0.67%
RS	B	-0.66%
CEG	D	-0.62%
MRK	F	-0.62%
WMT	A	-0.61%
FFIV	B	-0.6%
CRM	B	-0.59%
BMY	B	-0.58%
SPG	B	-0.58%
PEG	A	-0.57%
COR	B	-0.57%
GILD	C	-0.57%
CAT	B	-0.56%
MMM	D	-0.55%
ETN	A	-0.55%
FE	C	-0.52%
ECL	D	-0.52%
CMI	A	-0.51%
MAS	D	-0.5%
HPQ	B	-0.49%
TT	A	-0.49%
MAA	B	-0.47%
BBY	D	-0.47%
TPR	B	-0.47%
KR	B	-0.47%
HWM	A	-0.46%
CVX	A	-0.45%
CSCO	B	-0.44%
GLPI	C	-0.42%
CNA	B	-0.42%
GRMN	B	-0.41%
AXP	A	-0.41%
ICE	C	-0.4%
CSL	C	-0.39%
HSIC	B	-0.39%
IBKR	A	-0.39%
WAB	B	-0.38%
CBOE	B	-0.38%
TJX	A	-0.38%
AOS	F	-0.38%
HST	C	-0.37%
HLT	A	-0.36%
TRGP	B	-0.36%
PKG	A	-0.36%
FIS	C	-0.36%
RHI	B	-0.36%
OC	A	-0.36%
IP	B	-0.34%
BLDR	D	-0.33%
KO	D	-0.33%
WELL	A	-0.32%
CMG	B	-0.32%
DHI	D	-0.32%
ADBE	C	-0.31%
LOW	D	-0.31%
BRO	B	-0.3%
EVRG	A	-0.29%
RF	A	-0.29%
WU	D	-0.29%
DVN	F	-0.29%
AIG	B	-0.28%
VSCO	B	-0.28%
DECK	A	-0.28%
CFG	B	-0.27%
UNH	C	-0.27%
OGN	D	-0.27%
MANH	D	-0.25%
SOLV	C	-0.25%
MTCH	D	-0.25%
ED	D	-0.25%
LII	A	-0.25%
ERIE	D	-0.24%
FDX	B	-0.24%
EIX	B	-0.23%
CME	A	-0.23%
PH	A	-0.23%
KEYS	A	-0.22%
INCY	C	-0.22%
ACN	C	-0.22%
VRSN	F	-0.21%
VTR	C	-0.21%
ALNY	D	-0.21%
WPC	D	-0.21%
EXPE	B	-0.21%
NWSA	B	-0.2%
GWW	B	-0.2%
TROW	B	-0.2%
PPG	F	-0.19%
SHW	A	-0.19%
CVS	D	-0.18%
JBL	B	-0.18%
L	A	-0.18%
HUM	C	-0.17%
BAH	F	-0.17%
BEN	C	-0.17%
TOL	B	-0.16%
AMP	A	-0.16%
GL	B	-0.16%
AIZ	A	-0.16%
LKQ	D	-0.16%
VRT	B	-0.16%
CPT	B	-0.15%
GE	D	-0.15%
SYK	C	-0.15%
ULTA	F	-0.14%
MPC	D	-0.13%
BBWI	D	-0.13%
LDOS	C	-0.13%
SO	D	-0.13%
IT	C	-0.12%
FI	A	-0.12%
CAH	B	-0.11%
SCCO	F	-0.11%
RPM	A	-0.11%
RMD	C	-0.1%
EQR	B	-0.1%
VTRS	A	-0.1%
EBAY	D	-0.1%
KHC	F	-0.1%
ETSY	D	-0.09%
PSX	C	-0.09%
PRU	A	-0.09%
SSNC	B	-0.09%
BLK	C	-0.09%
LH	C	-0.09%
ALL	A	-0.08%
TPL	A	-0.08%
J	F	-0.08%
DXC	B	-0.08%
SPGI	C	-0.08%
BG	F	-0.07%
LYB	F	-0.07%
IPG	D	-0.07%
CVNA	B	-0.07%
TXT	D	-0.07%
ROL	B	-0.06%
SNPS	B	-0.06%
DINO	D	-0.06%
DASH	A	-0.06%
WSO	A	-0.06%
ADM	D	-0.06%
ZION	B	-0.06%
UDR	B	-0.05%
PPL	B	-0.05%
DPZ	C	-0.05%
ESS	B	-0.05%
AVB	B	-0.05%
WTW	B	-0.05%
QRVO	F	-0.05%
MCO	B	-0.05%
EPAM	C	-0.05%
STT	A	-0.05%
PINS	D	-0.04%
AMCR	D	-0.04%
PFG	D	-0.04%
HOLX	D	-0.04%
ROST	C	-0.04%
IVZ	B	-0.04%
MET	A	-0.04%
DKS	C	-0.04%
MOS	F	-0.03%
CDW	F	-0.03%
WBA	F	-0.03%
BWA	D	-0.03%
ALLE	D	-0.01%
EQH	B	-0.0%
TDG	D	-0.0%