FLRG vs. SPVM ETF Comparison

Comparison of Fidelity U.S. Multifactor ETF (FLRG) to Invesco S&P 500 Value with Momentum ETF (SPVM)

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

SPVM

Invesco S&P 500 Value with Momentum ETF

SPVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 High Momentum Value Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 100 stocks in the S&P 500® that have the highest value and momentum scores.

Grade (RS Rating)

Last Trade

$63.06

Average Daily Volume

1,311

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLRG	SPVM
30 Days	4.12%	7.68%
60 Days	5.00%	8.68%
90 Days	6.46%	9.81%
12 Months	32.45%	30.59%

17 Overlapping Holdings

Symbol	Grade	Weight in FLRG	Weight in SPVM	Overlap
ACGL	D	1.02%	1.0%	1.0%
CI	D	0.83%	0.93%	0.83%
CTRA	B	0.83%	0.64%	0.64%
CTSH	B	0.52%	0.83%	0.52%
HIG	B	0.95%	1.07%	0.95%
LEN	C	0.91%	1.09%	0.91%
MCK	C	0.6%	0.96%	0.6%
MOH	F	0.65%	0.94%	0.65%
NUE	D	0.82%	0.96%	0.82%
PCAR	B	1.03%	0.83%	0.83%
PHM	C	0.91%	1.06%	0.91%
SNA	A	0.97%	0.83%	0.83%
STLD	B	0.81%	1.16%	0.81%
SWKS	F	0.43%	0.48%	0.43%
SYF	A	0.88%	1.84%	0.88%
VLO	C	0.81%	1.55%	0.81%
VZ	B	0.47%	0.86%	0.47%

FLRG Overweight 84 Positions Relative to SPVM

Symbol	Grade	Weight
MSFT	D	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	B	1.64%
HD	A	1.62%
PG	A	1.43%
JNJ	D	1.35%
ABBV	D	1.29%
MCD	D	1.28%
PGR	A	1.25%
LMT	D	1.2%
ADP	B	1.17%
BKNG	B	1.15%
NFG	B	1.12%
PSA	C	1.04%
PAYX	B	1.04%
ALSN	B	1.02%
PM	B	1.01%
MLI	C	1.0%
VRSK	A	1.0%
BCC	B	0.97%
NVR	D	0.94%
CF	B	0.91%
ORLY	B	0.91%
AMGN	D	0.91%
IBM	C	0.9%
DTM	B	0.9%
EG	C	0.9%
JXN	B	0.89%
CRBG	B	0.88%
VICI	C	0.88%
OHI	D	0.87%
MTG	B	0.87%
AZO	C	0.87%
HRB	D	0.87%
ESNT	D	0.87%
WSM	B	0.86%
RGA	A	0.83%
MO	A	0.82%
CL	D	0.82%
RDN	C	0.81%
QCOM	F	0.81%
REGN	F	0.8%
VRTX	D	0.79%
AMAT	F	0.77%
BRBR	B	0.77%
KMB	C	0.75%
UTHR	C	0.7%
NFLX	B	0.69%
ANET	C	0.68%
CNC	F	0.67%
CRWD	B	0.67%
CHRD	F	0.67%
KLAC	F	0.65%
MSI	C	0.64%
FICO	B	0.63%
RPRX	D	0.63%
LRCX	F	0.63%
APH	B	0.61%
CDNS	B	0.6%
ZM	B	0.56%
NXPI	D	0.55%
DELL	C	0.54%
GDDY	B	0.53%
GEN	A	0.51%
DBX	C	0.5%
AKAM	F	0.5%
ACIW	B	0.5%
NTAP	C	0.49%
CRUS	F	0.47%
DOX	D	0.47%
CVLT	B	0.47%
DLB	B	0.45%
QLYS	C	0.42%
T	A	0.41%
CMCSA	C	0.41%
TMUS	A	0.31%
EA	C	0.17%
FOXA	C	0.14%

FLRG Underweight 82 Positions Relative to SPVM

Symbol	Grade	Weight
GM	B	-2.4%
MTB	B	-1.74%
DAL	B	-1.71%
COF	B	-1.6%
CINF	A	-1.57%
BG	F	-1.49%
KR	A	-1.44%
L	B	-1.4%
STT	A	-1.38%
HBAN	B	-1.37%
PSX	C	-1.35%
AIZ	B	-1.35%
HPE	B	-1.33%
MPC	F	-1.31%
KEY	A	-1.25%
JBL	C	-1.23%
BK	A	-1.19%
WFC	A	-1.19%
USB	A	-1.18%
PNC	A	-1.18%
AIG	B	-1.16%
FITB	B	-1.15%
C	A	-1.15%
FDX	B	-1.12%
BBY	D	-1.12%
DHI	D	-1.11%
PRU	A	-1.08%
NRG	C	-1.08%
BAC	A	-1.07%
AFL	B	-1.06%
VTRS	B	-1.05%
EMR	A	-1.04%
KMI	B	-1.03%
TRV	B	-1.02%
BRK.A	B	-1.01%
COR	C	-1.01%
MET	A	-1.01%
CAH	B	-0.98%
CBRE	B	-0.98%
BKR	C	-0.97%
GS	B	-0.97%
UHS	D	-0.96%
JPM	B	-0.96%
MRO	B	-0.93%
SW	B	-0.93%
CB	D	-0.92%
RJF	A	-0.92%
BALL	D	-0.91%
EOG	C	-0.9%
ATO	A	-0.89%
CCL	B	-0.87%
NCLH	B	-0.86%
BLDR	C	-0.86%
ALL	B	-0.85%
IP	B	-0.84%
XOM	C	-0.84%
OMC	C	-0.83%
EMN	D	-0.82%
WRB	A	-0.79%
CMI	A	-0.77%
EBAY	C	-0.77%
LYB	F	-0.76%
EQT	B	-0.75%
OKE	C	-0.74%
FANG	F	-0.72%
WMT	B	-0.72%
DGX	B	-0.71%
HII	F	-0.71%
TXT	D	-0.7%
LH	B	-0.7%
BXP	D	-0.69%
COP	D	-0.67%
DUK	C	-0.66%
HST	C	-0.65%
HAL	C	-0.64%
SWK	D	-0.64%
J	F	-0.64%
PEG	A	-0.61%
ELV	F	-0.6%
DVA	B	-0.6%
DOW	F	-0.53%
CE	F	-0.51%