FLRG vs. PY ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to Principal Shareholder Yield Index ETF (PY)

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

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$51.93

Average Daily Volume

5,520

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	PY
30 Days	3.91%	4.03%
60 Days	5.11%	5.45%
90 Days	6.17%	7.68%
12 Months	32.36%	30.80%

23 Overlapping Holdings

Symbol	Grade	Weight in FLRG	Weight in PY	Overlap
ADP	B	1.17%	1.01%	1.01%
AVGO	D	1.93%	2.35%	1.93%
CF	B	0.91%	0.77%	0.77%
CI	F	0.83%	0.81%	0.81%
CMCSA	B	0.41%	1.09%	0.41%
CTSH	B	0.52%	0.8%	0.52%
EG	C	0.9%	0.68%	0.68%
FOXA	B	0.14%	0.83%	0.14%
HD	A	1.62%	1.58%	1.58%
HIG	B	0.95%	0.75%	0.75%
KMB	D	0.75%	0.69%	0.69%
LMT	D	1.2%	0.88%	0.88%
MO	A	0.82%	0.89%	0.82%
MSFT	F	6.44%	3.5%	3.5%
NVDA	C	6.08%	3.38%	3.38%
PAYX	C	1.04%	0.85%	0.85%
QCOM	F	0.81%	1.07%	0.81%
SNA	A	0.97%	0.93%	0.93%
STLD	B	0.81%	0.88%	0.81%
SWKS	F	0.43%	0.6%	0.43%
SYF	B	0.88%	0.97%	0.88%
VICI	C	0.88%	0.7%	0.7%
VLO	C	0.81%	0.8%	0.8%

FLRG Overweight 78 Positions Relative to PY

Symbol	Grade	Weight
GOOGL	C	3.46%
META	D	2.47%
LLY	F	1.98%
VST	B	1.76%
V	A	1.66%
MA	C	1.64%
PG	A	1.43%
JNJ	D	1.35%
ABBV	D	1.29%
MCD	D	1.28%
PGR	A	1.25%
BKNG	A	1.15%
NFG	A	1.12%
PSA	D	1.04%
PCAR	B	1.03%
ALSN	B	1.02%
ACGL	D	1.02%
PM	B	1.01%
MLI	C	1.0%
VRSK	A	1.0%
BCC	B	0.97%
NVR	D	0.94%
LEN	D	0.91%
ORLY	B	0.91%
PHM	D	0.91%
AMGN	D	0.91%
IBM	C	0.9%
DTM	B	0.9%
JXN	C	0.89%
CRBG	B	0.88%
OHI	C	0.87%
MTG	C	0.87%
AZO	C	0.87%
HRB	D	0.87%
ESNT	D	0.87%
WSM	B	0.86%
RGA	A	0.83%
CTRA	B	0.83%
NUE	C	0.82%
CL	D	0.82%
RDN	C	0.81%
REGN	F	0.8%
VRTX	F	0.79%
AMAT	F	0.77%
BRBR	A	0.77%
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%
LRCX	F	0.63%
APH	A	0.61%
CDNS	B	0.6%
MCK	B	0.6%
ZM	B	0.56%
NXPI	D	0.55%
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%
QLYS	C	0.42%
T	A	0.41%
TMUS	B	0.31%
EA	A	0.17%

FLRG Underweight 82 Positions Relative to PY

Symbol	Grade	Weight
AAPL	C	-3.82%
XOM	B	-1.82%
WFC	A	-1.43%
CVX	A	-1.35%
MS	A	-1.26%
CAT	B	-1.18%
ACN	C	-1.18%
AXP	A	-1.13%
LOW	D	-1.06%
BMY	B	-1.05%
DFS	B	-1.0%
TT	A	-1.0%
RTX	C	-1.0%
AMP	A	-0.99%
TJX	A	-0.98%
TRGP	B	-0.97%
PNC	B	-0.96%
EQT	B	-0.94%
BKR	B	-0.94%
DE	A	-0.91%
BK	A	-0.91%
CB	C	-0.91%
ITW	B	-0.9%
HPE	B	-0.88%
MMC	B	-0.88%
PNR	A	-0.87%
TRV	B	-0.86%
CSX	B	-0.86%
SLB	C	-0.85%
RF	A	-0.85%
SPG	B	-0.85%
FITB	A	-0.85%
MET	A	-0.85%
PRU	A	-0.84%
RL	B	-0.84%
KR	B	-0.84%
FDX	B	-0.83%
OTIS	C	-0.82%
NKE	D	-0.82%
ROK	B	-0.82%
PLD	D	-0.82%
AIG	B	-0.81%
NDAQ	A	-0.8%
HPQ	B	-0.79%
CINF	A	-0.79%
BR	A	-0.79%
PSX	C	-0.79%
WTW	B	-0.79%
AIZ	A	-0.78%
DD	D	-0.78%
TAP	C	-0.78%
CVS	D	-0.78%
MDLZ	F	-0.77%
EBAY	D	-0.77%
BEN	C	-0.77%
MRO	B	-0.76%
DRI	B	-0.76%
HAL	C	-0.76%
FANG	D	-0.75%
AVB	B	-0.75%
BBWI	D	-0.75%
MPC	D	-0.75%
NDSN	B	-0.74%
PPG	F	-0.73%
ALLE	D	-0.73%
SYY	B	-0.72%
EMN	D	-0.72%
ESS	B	-0.72%
OXY	D	-0.72%
MAA	B	-0.7%
CPT	B	-0.69%
INVH	D	-0.67%
GPC	D	-0.66%
HSY	F	-0.66%
AOS	F	-0.66%
ARE	D	-0.66%
SBAC	D	-0.66%
HRL	D	-0.65%
MKC	D	-0.65%
ADM	D	-0.65%
GIS	D	-0.65%
LYB	F	-0.64%