FLRG vs. DSTL ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to Distillate U.S. Fundamental Stability & Value ETF (DSTL)

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

DSTL

Distillate U.S. Fundamental Stability & Value ETF

DSTL Description

The investment seeks to track the performance, before fees and expenses, of the Distillate U.S. Fundamental Stability & Value Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index was developed in 2018 by Distillate Capital Partners LLC, the fund's investment adviser and index provider (the "Adviser"), and uses an objective, rules-based methodology to measure the performance of U.S.-listed, large-capitalization equity securities, selected based on certain fundamental factors.

Grade (RS Rating)

Last Trade

$58.17

Average Daily Volume

111,580

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	DSTL
30 Days	3.91%	3.53%
60 Days	5.11%	2.84%
90 Days	6.17%	4.59%
12 Months	32.36%	26.97%

28 Overlapping Holdings

Symbol	Grade	Weight in FLRG	Weight in DSTL	Overlap
ABBV	D	1.29%	2.21%	1.29%
ADP	B	1.17%	1.36%	1.17%
AMAT	F	0.77%	1.12%	0.77%
AMGN	D	0.91%	1.59%	0.91%
BKNG	A	1.15%	1.61%	1.15%
CI	F	0.83%	1.48%	0.83%
CMCSA	B	0.41%	1.94%	0.41%
CTSH	B	0.52%	0.86%	0.52%
DBX	B	0.5%	0.78%	0.5%
DOX	D	0.47%	0.7%	0.47%
EA	A	0.17%	0.95%	0.17%
GDDY	A	0.53%	0.92%	0.53%
JNJ	D	1.35%	2.52%	1.35%
LEN	D	0.91%	0.83%	0.83%
LMT	D	1.2%	1.11%	1.11%
LRCX	F	0.63%	0.96%	0.63%
MCK	B	0.6%	1.46%	0.6%
MO	A	0.82%	1.57%	0.82%
NTAP	C	0.49%	0.79%	0.49%
NVR	D	0.94%	0.74%	0.74%
PAYX	C	1.04%	0.97%	0.97%
PCAR	B	1.03%	1.16%	1.03%
PHM	D	0.91%	0.76%	0.76%
QCOM	F	0.81%	1.44%	0.81%
SWKS	F	0.43%	0.64%	0.43%
TMUS	B	0.31%	2.5%	0.31%
WSM	B	0.86%	0.87%	0.86%
ZM	B	0.56%	0.81%	0.56%

FLRG Overweight 73 Positions Relative to DSTL

Symbol	Grade	Weight
MSFT	F	6.44%
NVDA	C	6.08%
GOOGL	C	3.46%
META	D	2.47%
LLY	F	1.98%
AVGO	D	1.93%
VST	B	1.76%
V	A	1.66%
MA	C	1.64%
HD	A	1.62%
PG	A	1.43%
MCD	D	1.28%
PGR	A	1.25%
NFG	A	1.12%
PSA	D	1.04%
ALSN	B	1.02%
ACGL	D	1.02%
PM	B	1.01%
MLI	C	1.0%
VRSK	A	1.0%
BCC	B	0.97%
SNA	A	0.97%
HIG	B	0.95%
CF	B	0.91%
ORLY	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%
SYF	B	0.88%
OHI	C	0.87%
MTG	C	0.87%
AZO	C	0.87%
HRB	D	0.87%
ESNT	D	0.87%
RGA	A	0.83%
CTRA	B	0.83%
NUE	C	0.82%
CL	D	0.82%
STLD	B	0.81%
RDN	C	0.81%
VLO	C	0.81%
REGN	F	0.8%
VRTX	F	0.79%
BRBR	A	0.77%
KMB	D	0.75%
UTHR	C	0.7%
NFLX	A	0.69%
ANET	C	0.68%
CNC	D	0.67%
CRWD	B	0.67%
CHRD	D	0.67%
KLAC	D	0.65%
MOH	F	0.65%
MSI	B	0.64%
FICO	B	0.63%
RPRX	D	0.63%
APH	A	0.61%
CDNS	B	0.6%
NXPI	D	0.55%
DELL	C	0.54%
GEN	B	0.51%
AKAM	D	0.5%
ACIW	B	0.5%
CRUS	D	0.47%
VZ	C	0.47%
CVLT	B	0.47%
DLB	B	0.45%
QLYS	C	0.42%
T	A	0.41%
FOXA	B	0.14%

FLRG Underweight 70 Positions Relative to DSTL

Symbol	Grade	Weight
UNH	C	-3.31%
CSCO	B	-2.16%
CRM	B	-1.98%
ABT	B	-1.46%
BLK	C	-1.38%
HON	B	-1.35%
LOW	D	-1.31%
EPD	A	-1.21%
PYPL	B	-1.2%
FDX	B	-1.18%
MPLX	A	-1.14%
ELV	F	-1.1%
CME	A	-1.03%
ABNB	C	-1.02%
FANG	D	-1.02%
CMI	A	-0.96%
AJG	B	-0.96%
SW	A	-0.95%
GD	F	-0.95%
AME	A	-0.92%
CPAY	A	-0.92%
KR	B	-0.91%
FIX	A	-0.89%
FIS	C	-0.88%
OC	A	-0.87%
JBL	B	-0.86%
WAB	B	-0.86%
PR	B	-0.85%
PKG	A	-0.84%
SYY	B	-0.83%
EPAM	C	-0.83%
JAZZ	B	-0.82%
GMED	A	-0.82%
TDY	B	-0.81%
BR	A	-0.81%
USFD	A	-0.8%
OMC	C	-0.8%
ON	D	-0.78%
FFIV	B	-0.78%
DGX	A	-0.78%
TOL	B	-0.78%
LECO	B	-0.76%
GIS	D	-0.76%
SSNC	B	-0.76%
CBOE	B	-0.74%
HSY	F	-0.74%
GGG	B	-0.73%
HRL	D	-0.72%
VRSN	F	-0.72%
TXT	D	-0.71%
DRI	B	-0.71%
ALLE	D	-0.7%
TPX	B	-0.7%
MAS	D	-0.69%
LKQ	D	-0.68%
AVY	D	-0.66%
DKS	C	-0.66%
EMN	D	-0.66%
GPC	D	-0.65%
BLD	D	-0.64%
MEDP	D	-0.64%
ULTA	F	-0.64%
WEX	D	-0.62%
UHS	D	-0.61%
AOS	F	-0.6%
WMS	D	-0.59%
HII	D	-0.53%
ICLR	D	-0.53%
CROX	D	-0.5%
QRVO	F	-0.45%