FNCL vs. VAMO ETF Comparison

Comparison of Fidelity MSCI Financials Index ETF (FNCL) to Cambria Value and Momentum ETF (VAMO)

FNCL

Fidelity MSCI Financials Index ETF

FNCL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials 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 Financials Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$63.63

Average Daily Volume

81,625

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

VAMO

Cambria Value and Momentum ETF

VAMO Description

The investment seeks income and capital appreciation from investments in the U.S. equity market. The fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of the value of the fund&#39;s net assets in U.S. exchange-listed equity securities. It may hedge up to 100% of the value of the fund&#39;s long portfolio. The fund may invest in securities of companies in any industry, but will limit the maximum allocation to any particular sector to 25%. It may invest up to 20% of the value of its net assets in U.S. dollar and non-U.S. dollar denominated money market instruments or other high quality debt securities, or ETFs.

Grade (RS Rating)

Last Trade

$29.59

Average Daily Volume

2,957

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNCL	VAMO
30 Days	1.16%	1.25%
60 Days	3.97%	-1.07%
90 Days	10.27%	7.60%
12 Months	38.09%	11.33%

26 Overlapping Holdings

Symbol	Grade	Weight in FNCL	Weight in VAMO	Overlap
AFL	A	0.83%	0.84%	0.83%
AIZ	B	0.14%	0.71%	0.14%
ALLY	F	0.12%	0.7%	0.12%
CFG	D	0.26%	0.86%	0.26%
COF	B	0.75%	0.83%	0.75%
COOP	C	0.09%	1.58%	0.09%
CUBI	F	0.02%	0.54%	0.02%
ENVA	C	0.03%	1.26%	0.03%
EQH	C	0.19%	0.74%	0.19%
FCNCA	D	0.26%	0.9%	0.26%
FNF	B	0.21%	0.74%	0.21%
HIG	B	0.48%	0.98%	0.48%
HOOD	C	0.16%	0.97%	0.16%
HTLF	C	0.03%	0.95%	0.03%
JXN	B	0.08%	1.03%	0.08%
L	D	0.21%	1.18%	0.21%
LNC	C	0.07%	0.71%	0.07%
MCY	C	0.02%	0.99%	0.02%
MTG	B	0.1%	0.95%	0.1%
OSCR	D	0.05%	1.4%	0.05%
PRI	B	0.13%	0.8%	0.13%
PRU	C	0.59%	0.74%	0.59%
RDN	D	0.07%	0.8%	0.07%
RGA	C	0.2%	0.85%	0.2%
SKWD	B	0.02%	0.91%	0.02%
SYF	C	0.26%	0.94%	0.26%

FNCL Overweight 347 Positions Relative to VAMO

Symbol	Grade	Weight
BRK.A	C	8.25%
JPM	D	8.24%
V	C	6.31%
MA	B	5.7%
BAC	D	3.8%
WFC	D	2.59%
SPGI	C	2.33%
GS	B	2.16%
PGR	C	2.07%
AXP	B	2.07%
BLK	B	1.83%
MS	B	1.69%
MMC	C	1.57%
CB	B	1.55%
C	C	1.54%
BX	C	1.52%
SCHW	D	1.33%
ICE	C	1.28%
MCO	C	1.1%
KKR	B	1.09%
CME	B	1.08%
PNC	C	1.0%
PYPL	B	0.97%
USB	C	0.96%
AON	B	0.94%
AJG	D	0.9%
TFC	D	0.78%
TRV	C	0.77%
BK	B	0.72%
ALL	C	0.7%
AIG	D	0.68%
FIS	C	0.66%
APO	B	0.65%
MET	B	0.65%
MSCI	C	0.62%
AMP	B	0.61%
ACGL	B	0.59%
SQ	D	0.51%
DFS	C	0.46%
NDAQ	C	0.44%
COIN	F	0.42%
WTW	B	0.41%
MTB	C	0.4%
FITB	B	0.4%
GPN	D	0.39%
ARES	B	0.38%
BRO	C	0.35%
STT	B	0.35%
RJF	C	0.33%
TROW	C	0.33%
CBOE	C	0.31%
HBAN	B	0.3%
CINF	C	0.3%
CPAY	B	0.29%
MKL	C	0.28%
RF	B	0.28%
PFG	B	0.26%
WRB	D	0.25%
NTRS	C	0.25%
FDS	C	0.24%
EG	B	0.23%
KEY	C	0.21%
LPLA	D	0.21%
TW	B	0.19%
RNR	B	0.19%
JKHY	B	0.18%
IBKR	B	0.18%
ERIE	B	0.18%
EWBC	C	0.16%
AFRM	D	0.15%
KNSL	D	0.14%
GL	D	0.14%
AFG	C	0.14%
JEF	C	0.14%
UNM	B	0.13%
SF	B	0.13%
ORI	B	0.13%
MKTX	D	0.13%
TOST	C	0.13%
CG	C	0.13%
WEX	C	0.12%
OWL	B	0.12%
WAL	B	0.12%
FHN	D	0.12%
MORN	C	0.12%
EVR	B	0.12%
VOYA	B	0.11%
CMA	C	0.11%
WBS	C	0.11%
SOFI	D	0.11%
HLI	C	0.11%
FAF	B	0.1%
AXS	B	0.1%
ESNT	B	0.1%
ZION	D	0.1%
WTFC	C	0.1%
BPOP	C	0.1%
PNFP	C	0.1%
SEIC	B	0.1%
SSB	C	0.1%
CBSH	D	0.1%
AGNC	B	0.1%
RYAN	C	0.09%
CFR	C	0.09%
SNV	D	0.09%
PB	D	0.09%
SIGI	D	0.08%
AMG	C	0.08%
CADE	C	0.08%
BEN	F	0.08%
HLNE	B	0.08%
OMF	D	0.08%
ONB	D	0.08%
STWD	B	0.08%
RLI	B	0.08%
JHG	B	0.07%
UMBF	C	0.07%
PIPR	B	0.07%
UBSI	D	0.07%
HOMB	D	0.07%
PFSI	C	0.07%
GBCI	C	0.07%
COLB	B	0.07%
THG	C	0.07%
FNB	D	0.07%
IVZ	B	0.07%
ESGR	D	0.06%
ABCB	C	0.06%
SFBS	C	0.06%
CNO	C	0.06%
SLM	C	0.06%
TPG	C	0.06%
HWC	D	0.06%
WTM	F	0.06%
MC	C	0.06%
AGO	D	0.06%
EEFT	F	0.06%
FFIN	C	0.06%
OZK	F	0.06%
FOUR	C	0.06%
FBP	C	0.05%
UCBI	B	0.05%
ASB	D	0.05%
NMIH	C	0.05%
AX	D	0.05%
IBOC	D	0.05%
BGC	D	0.05%
WD	B	0.05%
VLY	D	0.05%
KMPR	D	0.05%
HASI	C	0.05%
BOH	D	0.04%
TOWN	D	0.04%
SFNC	C	0.04%
CNS	B	0.04%
RKT	C	0.04%
UPST	C	0.04%
BKU	D	0.04%
FHI	B	0.04%
VIRT	C	0.04%
PRK	D	0.04%
APAM	C	0.04%
CBU	D	0.04%
WU	C	0.04%
CACC	F	0.04%
FIBK	C	0.04%
WAFD	D	0.04%
CATY	C	0.04%
PJT	B	0.04%
GNW	C	0.04%
BHF	F	0.04%
BOKF	C	0.04%
AUB	D	0.04%
EBC	C	0.04%
WSFS	D	0.04%
STEP	B	0.04%
TCBI	C	0.04%
BXMT	C	0.04%
FHB	D	0.04%
FULT	D	0.04%
TRMK	D	0.03%
BANC	C	0.03%
WSBC	D	0.03%
NATL	D	0.03%
EFSC	D	0.03%
BANR	C	0.03%
FLYW	F	0.03%
OFG	C	0.03%
RNST	D	0.03%
STC	C	0.03%
MQ	F	0.03%
DFIN	D	0.03%
NBTB	D	0.03%
PRG	C	0.03%
GSHD	C	0.03%
EVTC	D	0.03%
BANF	C	0.03%
SBCF	D	0.03%
IBTX	C	0.03%
PFS	C	0.03%
PPBI	D	0.03%
FRME	D	0.03%
VCTR	B	0.03%
TBBK	C	0.03%
SNEX	C	0.03%
PLMR	C	0.03%
FFBC	D	0.03%
CVBF	D	0.03%
INDB	D	0.03%
ABR	B	0.03%
EFC	C	0.02%
SRCE	D	0.02%
PEBO	D	0.02%
SAFT	D	0.02%
BHLB	C	0.02%
EIG	C	0.02%
GABC	D	0.02%
NBHC	D	0.02%
LC	D	0.02%
NIC	D	0.02%
WABC	D	0.02%
VBTX	C	0.02%
PMT	C	0.02%
ACT	C	0.02%
QCRH	D	0.02%
ARI	F	0.02%
HMN	C	0.02%
TCBK	D	0.02%
CODI	C	0.02%
RC	F	0.02%
NAVI	D	0.02%
HTH	D	0.02%
NNI	C	0.02%
VRTS	F	0.02%
SASR	C	0.02%
HOPE	D	0.02%
SPNT	D	0.02%
CHCO	D	0.02%
LOB	C	0.02%
FBNC	C	0.02%
SYBT	C	0.02%
FRHC	C	0.02%
LADR	D	0.02%
TRUP	D	0.02%
LKFN	D	0.02%
STBA	D	0.02%
BUSE	D	0.02%
CASH	D	0.02%
NWBI	D	0.02%
FCF	D	0.02%
FBK	C	0.02%
AGM	D	0.02%
PGC	D	0.01%
WRLD	D	0.01%
HAFC	D	0.01%
CLBK	D	0.01%
SPFI	C	0.01%
PAY	D	0.01%
HONE	D	0.01%
UFCS	D	0.01%
CCBG	C	0.01%
PX	C	0.01%
CTLP	D	0.01%
NFBK	D	0.01%
SMBC	C	0.01%
MCB	C	0.01%
GSBC	D	0.01%
NRDS	D	0.01%
BHB	D	0.01%
TRTX	D	0.01%
TIPT	C	0.01%
AMBC	F	0.01%
LPRO	C	0.01%
CAC	C	0.01%
EZPW	D	0.01%
MSBI	D	0.01%
GDOT	D	0.01%
CCB	B	0.01%
TRST	D	0.01%
FSBC	C	0.01%
WASH	C	0.01%
THFF	D	0.01%
IIIV	F	0.01%
FMNB	D	0.01%
TMP	D	0.01%
EQBK	C	0.01%
AMTB	F	0.01%
PRA	C	0.01%
EGBN	D	0.01%
IMXI	D	0.01%
TFSL	D	0.01%
TREE	C	0.01%
RBCAA	C	0.01%
KREF	C	0.01%
CFFN	D	0.01%
CPF	C	0.01%
PFBC	D	0.01%
CASS	D	0.01%
AMAL	D	0.01%
UVE	C	0.01%
BFST	C	0.01%
RPAY	F	0.01%
HTBK	D	0.01%
FCBC	D	0.01%
FG	C	0.01%
OSBC	D	0.01%
HFWA	D	0.01%
BFC	D	0.01%
PRAA	F	0.01%
MCBS	C	0.01%
FMBH	D	0.01%
BSIG	C	0.01%
HBNC	D	0.01%
BY	D	0.01%
AMSF	C	0.01%
CFB	D	0.01%
MBWM	D	0.01%
BHRB	D	0.01%
FBMS	C	0.01%
CTBI	D	0.01%
BRSP	D	0.01%
BRKL	C	0.01%
UWMC	D	0.01%
DX	B	0.01%
CMTG	F	0.01%
OBK	D	0.01%
SBSI	D	0.01%
DCOM	C	0.01%
HCI	C	0.01%
IBCP	D	0.01%
CNOB	C	0.01%
ECPG	D	0.01%
UVSP	C	0.01%
CNNE	F	0.01%
PFC	D	0.01%
LMND	F	0.01%
MBIN	D	0.01%
OCFC	B	0.01%
RWT	C	0.01%
AROW	D	0.0%
RILY	F	0.0%
GCBC	D	0.0%
DHIL	C	0.0%
DGICA	C	0.0%
KRNY	D	0.0%
HGTY	D	0.0%
HBT	D	0.0%

FNCL Underweight 66 Positions Relative to VAMO

Symbol	Grade	Weight
EME	B	-1.74%
MHO	B	-1.74%
TOL	A	-1.73%
MLI	B	-1.69%
PHM	B	-1.67%
VST	B	-1.55%
STRL	C	-1.48%
DHI	C	-1.36%
PATK	C	-1.31%
LEN	B	-1.24%
TMHC	B	-1.23%
CEIX	C	-1.21%
MTH	C	-1.2%
PRDO	D	-1.17%
SKYW	C	-1.16%
REVG	D	-1.12%
BCC	C	-1.06%
PLUS	B	-1.04%
MPC	F	-1.03%
MCK	F	-1.01%
PR	F	-0.94%
KBH	C	-0.94%
MATX	B	-0.92%
TDS	B	-0.91%
HCC	D	-0.91%
BZH	B	-0.9%
CNX	B	-0.9%
GPOR	C	-0.88%
WSM	C	-0.88%
NSIT	C	-0.87%
THC	C	-0.86%
IDCC	B	-0.85%
CHRD	F	-0.84%
PLAB	D	-0.84%
OC	C	-0.84%
BHE	C	-0.82%
TPC	C	-0.82%
STLD	C	-0.82%
MTUS	F	-0.81%
SCSC	D	-0.8%
TPH	C	-0.79%
WTTR	D	-0.78%
GM	C	-0.78%
THO	C	-0.77%
APOG	B	-0.77%
CRBG	C	-0.77%
GMS	C	-0.76%
DNOW	F	-0.73%
MLKN	F	-0.73%
SM	F	-0.72%
SNX	C	-0.72%
LBRT	F	-0.7%
URBN	F	-0.69%
CAL	F	-0.68%
PVH	D	-0.66%
AMR	D	-0.65%
UFPI	C	-0.63%
ACMR	D	-0.62%
PSX	F	-0.59%
WOR	F	-0.59%
CXW	F	-0.58%
GIII	D	-0.57%
ARCH	D	-0.49%
X	F	-0.47%
ARCT	D	-0.46%
METC	F	-0.38%