FLRG vs. LRGF ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to iShares FactorSelect MSCI USA ETF (LRGF)

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

$35.42

Average Daily Volume

51,976

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

LRGF

iShares FactorSelect MSCI USA ETF

LRGF Description

The investment seeks to track the investment results of the MSCI USA Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to select equity securities from MSCI USA Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$62.24

Average Daily Volume

92,388

Number of Holdings ^*

272

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	LRGF
30 Days	4.12%	4.98%
60 Days	5.00%	6.05%
90 Days	6.46%	8.51%
12 Months	32.45%	37.61%

59 Overlapping Holdings

Symbol	Grade	Weight in FLRG	Weight in LRGF	Overlap
ABBV	D	1.29%	0.9%	0.9%
ACGL	D	1.02%	0.07%	0.07%
ADP	B	1.17%	0.16%	0.16%
AMAT	F	0.77%	0.46%	0.46%
AMGN	D	0.91%	0.42%	0.42%
ANET	C	0.68%	0.3%	0.3%
AVGO	D	1.93%	1.82%	1.82%
AZO	C	0.87%	0.14%	0.14%
BKNG	B	1.15%	1.17%	1.15%
CDNS	B	0.6%	0.19%	0.19%
CI	D	0.83%	0.21%	0.21%
CMCSA	C	0.41%	0.41%	0.41%
CRUS	F	0.47%	0.05%	0.05%
CRWD	B	0.67%	0.22%	0.22%
CVLT	B	0.47%	0.18%	0.18%
DELL	C	0.54%	0.35%	0.35%
EG	C	0.9%	0.05%	0.05%
FICO	B	0.63%	0.61%	0.61%
FOXA	C	0.14%	0.25%	0.14%
HD	A	1.62%	0.58%	0.58%
HIG	B	0.95%	0.03%	0.03%
HRB	D	0.87%	0.3%	0.3%
IBM	C	0.9%	0.16%	0.16%
JNJ	D	1.35%	0.87%	0.87%
KLAC	F	0.65%	0.31%	0.31%
LLY	F	1.98%	1.09%	1.09%
LMT	D	1.2%	0.19%	0.19%
LRCX	F	0.63%	0.2%	0.2%
MA	B	1.64%	0.75%	0.75%
MCD	D	1.28%	0.63%	0.63%
MCK	C	0.6%	0.5%	0.5%
META	D	2.47%	2.16%	2.16%
MLI	C	1.0%	0.29%	0.29%
MO	A	0.82%	0.1%	0.1%
MOH	F	0.65%	0.16%	0.16%
MSFT	D	6.44%	5.67%	5.67%
MSI	C	0.64%	0.22%	0.22%
NFLX	B	0.69%	0.19%	0.19%
NTAP	C	0.49%	0.02%	0.02%
NUE	D	0.82%	0.21%	0.21%
NVDA	C	6.08%	6.55%	6.08%
PAYX	B	1.04%	0.4%	0.4%
PCAR	B	1.03%	0.23%	0.23%
PG	A	1.43%	1.26%	1.26%
PM	B	1.01%	0.4%	0.4%
PSA	C	1.04%	0.23%	0.23%
QCOM	F	0.81%	0.45%	0.45%
QLYS	C	0.42%	0.2%	0.2%
RGA	A	0.83%	0.06%	0.06%
RPRX	D	0.63%	0.01%	0.01%
STLD	B	0.81%	0.26%	0.26%
SYF	A	0.88%	0.26%	0.26%
T	A	0.41%	0.59%	0.41%
V	A	1.66%	1.28%	1.28%
VLO	C	0.81%	0.33%	0.33%
VRTX	D	0.79%	0.19%	0.19%
VST	B	1.76%	0.45%	0.45%
VZ	B	0.47%	0.34%	0.34%
WSM	B	0.86%	0.36%	0.36%

FLRG Overweight 42 Positions Relative to LRGF

Symbol	Grade	Weight
GOOGL	C	3.46%
PGR	A	1.25%
NFG	B	1.12%
ALSN	B	1.02%
VRSK	A	1.0%
BCC	B	0.97%
SNA	A	0.97%
NVR	D	0.94%
CF	B	0.91%
LEN	C	0.91%
ORLY	B	0.91%
PHM	C	0.91%
DTM	B	0.9%
JXN	B	0.89%
CRBG	B	0.88%
VICI	C	0.88%
OHI	D	0.87%
MTG	B	0.87%
ESNT	D	0.87%
CTRA	B	0.83%
CL	D	0.82%
RDN	C	0.81%
REGN	F	0.8%
BRBR	B	0.77%
KMB	C	0.75%
UTHR	C	0.7%
CNC	F	0.67%
CHRD	F	0.67%
APH	B	0.61%
ZM	B	0.56%
NXPI	D	0.55%
GDDY	B	0.53%
CTSH	B	0.52%
GEN	A	0.51%
DBX	C	0.5%
AKAM	F	0.5%
ACIW	B	0.5%
DOX	D	0.47%
DLB	B	0.45%
SWKS	F	0.43%
TMUS	A	0.31%
EA	C	0.17%

FLRG Underweight 213 Positions Relative to LRGF

Symbol	Grade	Weight
AAPL	B	-6.35%
AMZN	C	-3.01%
GOOG	C	-1.8%
JPM	B	-1.64%
WMT	B	-1.03%
XOM	C	-0.94%
APP	B	-0.94%
LIN	D	-0.91%
UNH	B	-0.89%
PEP	F	-0.87%
TSLA	B	-0.76%
BMY	B	-0.72%
KO	D	-0.61%
BK	A	-0.61%
TEAM	B	-0.6%
GS	B	-0.59%
LOW	C	-0.58%
MRK	F	-0.57%
MPC	F	-0.57%
CVX	B	-0.54%
COST	B	-0.54%
ABT	B	-0.53%
BLDR	C	-0.53%
GM	B	-0.52%
AWK	D	-0.52%
ED	D	-0.51%
BRK.A	B	-0.5%
WFC	A	-0.5%
FTNT	C	-0.49%
GILD	B	-0.49%
HPE	B	-0.48%
IBKR	B	-0.46%
DUOL	B	-0.44%
SPGI	C	-0.43%
NTNX	B	-0.43%
AMP	B	-0.41%
GEHC	F	-0.41%
CSCO	A	-0.4%
MELI	C	-0.39%
CTAS	B	-0.38%
ETN	A	-0.38%
AFL	B	-0.38%
SPG	C	-0.38%
MSCI	C	-0.37%
AYI	B	-0.37%
BAC	A	-0.37%
IT	C	-0.36%
HOLX	D	-0.36%
KR	A	-0.35%
MANH	C	-0.34%
DOCU	A	-0.33%
WY	D	-0.33%
DECK	A	-0.32%
CRH	A	-0.32%
TPR	A	-0.32%
INTU	C	-0.31%
PFE	D	-0.31%
EBAY	C	-0.31%
CR	B	-0.31%
JBL	C	-0.31%
BRX	A	-0.31%
EMR	A	-0.31%
TGT	F	-0.3%
ABNB	C	-0.3%
YUM	B	-0.3%
AIG	B	-0.3%
EQR	B	-0.29%
CNM	D	-0.29%
FERG	B	-0.29%
ELV	F	-0.29%
GTLB	C	-0.28%
PCOR	B	-0.28%
UBER	D	-0.28%
MEDP	F	-0.28%
ADBE	C	-0.28%
MTD	F	-0.27%
ANF	C	-0.27%
EME	B	-0.27%
OTIS	C	-0.27%
TMO	F	-0.27%
RS	B	-0.27%
JHG	A	-0.26%
WING	F	-0.26%
CAT	B	-0.26%
ALLY	C	-0.25%
AXP	A	-0.24%
BBY	D	-0.24%
RHI	C	-0.24%
BLK	C	-0.24%
GIS	D	-0.23%
DVA	B	-0.23%
STT	A	-0.22%
AVB	B	-0.22%
NDAQ	A	-0.22%
COF	B	-0.22%
WFRD	F	-0.21%
AN	B	-0.21%
DUK	C	-0.21%
TT	B	-0.21%
ITW	A	-0.21%
TRV	B	-0.2%
SOLV	C	-0.2%
WEC	A	-0.2%
AMG	B	-0.2%
HPQ	B	-0.19%
SBUX	B	-0.19%
PRU	A	-0.19%
F	C	-0.18%
ESTC	C	-0.18%
ETSY	D	-0.18%
PANW	C	-0.18%
SNPS	B	-0.18%
NEE	D	-0.17%
IOT	B	-0.17%
CVS	D	-0.17%
R	B	-0.17%
SYK	C	-0.17%
DKS	C	-0.17%
EXC	D	-0.16%
ORCL	C	-0.16%
HUBS	B	-0.15%
OMC	C	-0.15%
WTS	B	-0.15%
C	A	-0.15%
ACN	B	-0.14%
HUM	C	-0.14%
SMAR	A	-0.14%
GE	D	-0.14%
BBWI	C	-0.14%
RMBS	C	-0.14%
KMI	B	-0.14%
FNF	B	-0.13%
NVT	B	-0.13%
AMD	F	-0.13%
DTE	C	-0.13%
MMM	D	-0.13%
VOYA	B	-0.13%
RL	B	-0.12%
CRM	B	-0.12%
ELF	C	-0.12%
SO	D	-0.12%
CPNG	D	-0.12%
MS	B	-0.11%
GWW	A	-0.11%
OLN	F	-0.11%
RRC	B	-0.11%
ZS	C	-0.11%
OKTA	C	-0.11%
FI	A	-0.11%
MUSA	B	-0.11%
TTEK	F	-0.1%
MDLZ	F	-0.1%
GL	C	-0.1%
COKE	C	-0.1%
MDT	D	-0.1%
PH	A	-0.1%
APA	F	-0.09%
AMT	D	-0.09%
MRO	B	-0.09%
UNM	A	-0.09%
EXE	B	-0.08%
PVH	C	-0.08%
MCHP	F	-0.08%
VLTO	C	-0.08%
HOG	F	-0.08%
AGNC	D	-0.07%
TAP	C	-0.07%
SRE	A	-0.07%
SHW	A	-0.07%
ADM	F	-0.07%
LPX	B	-0.07%
CMC	B	-0.07%
PLD	D	-0.07%
CARR	C	-0.07%
LNTH	D	-0.07%
CHTR	C	-0.07%
ACI	C	-0.06%
SFM	B	-0.05%
FE	D	-0.05%
PFG	C	-0.05%
COP	D	-0.05%
CEG	D	-0.05%
AR	B	-0.04%
THO	B	-0.04%
DOW	F	-0.04%
MRNA	F	-0.04%
BXP	D	-0.04%
XRAY	F	-0.04%
HSY	F	-0.04%
SSD	C	-0.04%
TXN	D	-0.04%
NOW	B	-0.04%
LII	A	-0.03%
DE	B	-0.03%
MGM	F	-0.03%
MOD	B	-0.03%
ZBH	C	-0.03%
UAL	B	-0.03%
AGCO	D	-0.03%
MET	A	-0.03%
PATH	C	-0.02%
BDX	F	-0.02%
BSX	C	-0.02%
NWSA	B	-0.02%
MUR	F	-0.02%
KHC	D	-0.02%
LYV	A	-0.02%
CVNA	B	-0.02%
EXPD	C	-0.01%
ULTA	F	-0.01%
PSX	C	-0.01%
EOG	C	-0.01%
FDX	B	-0.01%