FMAT vs. CDL ETF Comparison

Comparison of Fidelity MSCI Materials Index ETF (FMAT) to Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF (CDL)

FMAT

Fidelity MSCI Materials Index ETF

FMAT Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Materials Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.44

Average Daily Volume

33,884

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

CDL

Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF

CDL Description

The investment seeks to provide investment results that match the performance of the CEMP US Large Cap High Dividend 100 Volatility Weighted Index. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 100 highest dividend yielding stocks of the CEMP US Large Cap 500 Volatility Weighted Index, which consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Normally the fund invests at least 80% of its assets in the stocks of U.S. issuers included in the index.

Grade (RS Rating)

Last Trade

$67.57

Average Daily Volume

16,472

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FMAT	CDL
30 Days	5.09%	2.69%
60 Days	5.69%	5.81%
90 Days	10.57%	11.62%
12 Months	24.93%	28.91%

4 Overlapping Holdings

Symbol	Grade	Weight in FMAT	Weight in CDL	Overlap
APD	B	4.47%	0.78%	0.78%
DOW	C	2.54%	0.89%	0.89%
IP	C	1.12%	1.11%	1.11%
LYB	D	1.71%	0.95%	0.95%

FMAT Overweight 106 Positions Relative to CDL

Symbol	Grade	Weight
LIN	B	15.85%
SHW	B	6.37%
ECL	B	4.51%
FCX	C	4.47%
NEM	C	4.39%
CTVA	B	2.8%
NUE	D	2.45%
DD	B	2.43%
MLM	D	2.35%
VMC	C	2.33%
PPG	C	2.07%
IFF	A	1.82%
SW	B	1.72%
BALL	C	1.44%
PKG	B	1.34%
STLD	C	1.25%
AVY	C	1.19%
RS	D	1.13%
RPM	B	1.11%
AMCR	B	1.1%
CF	B	1.04%
CE	D	0.97%
EMN	B	0.88%
CCK	B	0.79%
ATR	B	0.72%
ALB	D	0.71%
EXP	B	0.68%
RGLD	C	0.66%
GPK	C	0.65%
X	F	0.61%
MOS	F	0.57%
ATI	C	0.56%
AXTA	B	0.56%
AA	C	0.56%
FMC	B	0.54%
BERY	B	0.53%
CRS	C	0.51%
LPX	B	0.48%
CBT	B	0.43%
CMC	D	0.43%
ESI	C	0.41%
BCPC	C	0.4%
WLK	C	0.39%
CLF	F	0.39%
SON	D	0.38%
OLN	D	0.37%
SEE	C	0.35%
SUM	D	0.34%
KNF	C	0.34%
AVNT	B	0.31%
SLGN	B	0.31%
FUL	D	0.31%
ASH	F	0.29%
HL	C	0.28%
NEU	D	0.27%
HUN	C	0.26%
SMG	B	0.22%
SLVM	C	0.21%
HCC	D	0.2%
CDE	C	0.19%
CC	D	0.19%
IOSP	F	0.19%
SXT	B	0.19%
MTX	D	0.17%
KWR	D	0.17%
HWKN	B	0.17%
MTRN	D	0.16%
AMR	D	0.16%
ARCH	D	0.15%
OI	D	0.14%
SCL	D	0.12%
PRM	B	0.12%
MP	C	0.12%
ASPN	C	0.12%
GEF	C	0.11%
NGVT	D	0.1%
TROX	D	0.1%
PCT	C	0.08%
USLM	B	0.08%
KALU	D	0.08%
WS	D	0.08%
OEC	F	0.07%
MATV	D	0.07%
TRS	C	0.07%
CENX	C	0.06%
GATO	C	0.05%
SXC	F	0.05%
ECVT	F	0.05%
HAYN	D	0.05%
ASIX	B	0.05%
KOP	F	0.05%
CLW	F	0.04%
IE	D	0.04%
PTVE	D	0.04%
MTUS	F	0.04%
RYI	F	0.04%
ZEUS	F	0.03%
LXU	D	0.03%
CMP	D	0.03%
MYE	F	0.03%
RDUS	D	0.03%
MERC	D	0.02%
KRO	C	0.02%
PACK	D	0.02%
METC	F	0.02%
GEF	C	0.02%

FMAT Underweight 96 Positions Relative to CDL

Symbol	Grade	Weight
KO	B	-1.71%
PM	C	-1.66%
K	A	-1.47%
KMB	C	-1.46%
KMI	C	-1.45%
WMB	C	-1.42%
PEG	B	-1.42%
DUK	B	-1.41%
LMT	A	-1.41%
SO	B	-1.39%
MO	C	-1.29%
ED	B	-1.28%
PPL	A	-1.28%
ETR	A	-1.26%
PEP	D	-1.25%
JNJ	C	-1.25%
BK	B	-1.25%
ABBV	B	-1.25%
LNT	A	-1.24%
GLW	B	-1.23%
GIS	B	-1.22%
SRE	B	-1.22%
CMS	B	-1.21%
NI	B	-1.2%
OKE	C	-1.2%
FE	B	-1.18%
WEC	B	-1.17%
IBM	B	-1.17%
EVRG	B	-1.16%
EIX	B	-1.13%
DTE	A	-1.13%
PAYX	C	-1.12%
MDT	B	-1.11%
XEL	B	-1.11%
DRI	C	-1.11%
PRU	C	-1.1%
MET	B	-1.1%
CME	B	-1.1%
CPB	C	-1.09%
AEE	B	-1.08%
AEP	C	-1.08%
CAG	B	-1.08%
CSCO	B	-1.07%
HPQ	C	-1.07%
AMGN	D	-1.06%
FNF	B	-1.05%
KHC	C	-1.03%
PFG	B	-1.01%
TXN	B	-1.01%
C	C	-1.0%
OMC	B	-0.98%
NEE	B	-0.97%
XOM	D	-0.97%
EXC	B	-0.97%
GILD	B	-0.97%
T	B	-0.95%
MS	B	-0.95%
BMY	C	-0.94%
PNC	C	-0.93%
D	C	-0.92%
STT	B	-0.92%
BBY	A	-0.89%
PFE	D	-0.89%
CVX	F	-0.88%
CRBG	C	-0.88%
CLX	C	-0.85%
HPE	C	-0.84%
EOG	D	-0.84%
VZ	A	-0.83%
COP	F	-0.82%
MTB	C	-0.82%
FANG	F	-0.78%
HBAN	B	-0.77%
FITB	B	-0.76%
PSX	F	-0.76%
CTRA	F	-0.74%
NTRS	C	-0.73%
UPS	D	-0.73%
RF	B	-0.73%
CFG	D	-0.7%
TROW	C	-0.7%
IPG	C	-0.68%
VLO	F	-0.68%
USB	C	-0.65%
AES	C	-0.65%
VTRS	D	-0.64%
DVN	F	-0.64%
ADM	D	-0.62%
HRL	F	-0.61%
CVS	D	-0.58%
KEY	C	-0.56%
DINO	F	-0.55%
F	F	-0.52%
BEN	F	-0.51%
ALLY	F	-0.49%
WBA	F	-0.21%