FQAL vs. ETHO ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to Etho Climate Leadership U.S. ETF (ETHO)

FQAL

Fidelity Quality Factor ETF

FQAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Quality Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.

Grade (RS Rating)

Last Trade

$65.04

Average Daily Volume

32,352

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

ETHO

Etho Climate Leadership U.S. ETF

ETHO Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Etho Climate Leadership Index - US (the "index"). The index tracks the performance of the equity securities of a diversified set of U.S. companies that are leaders in their industry with respect to their carbon impact. "Carbon impact" is calculated based on the total greenhouse gas ("GHG") emissions from a company&#39;s operations, fuel use, supply chain, and business activities, divided by the company&#39;s market capitalization. The fund will invest at least 80% of its total assets in the component securities of the index.

Grade (RS Rating)

Last Trade

$59.12

Average Daily Volume

4,777

Number of Holdings ^*

286

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	ETHO
30 Days	4.46%	2.22%
60 Days	10.73%	8.34%
90 Days	4.98%	5.19%
12 Months	34.32%	21.42%

25 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in ETHO	Overlap
AAPL	C	6.81%	0.45%	0.45%
ADBE	F	1.01%	0.35%	0.35%
AMAT	C	0.95%	0.34%	0.34%
BKNG	B	1.05%	0.4%	0.4%
CBSH	D	0.6%	0.38%	0.38%
GWW	B	0.49%	0.35%	0.35%
IDXX	D	0.83%	0.32%	0.32%
ITW	C	0.54%	0.33%	0.33%
KLAC	B	0.83%	0.38%	0.38%
KMB	D	0.34%	0.37%	0.34%
LRCX	D	0.81%	0.29%	0.29%
MA	A	1.43%	0.35%	0.35%
MSCI	B	0.74%	0.35%	0.35%
MSFT	D	6.61%	0.34%	0.34%
NFLX	A	0.84%	0.4%	0.4%
NVDA	B	6.3%	0.46%	0.46%
PAYX	B	0.47%	0.37%	0.37%
PLD	D	0.34%	0.33%	0.33%
QCOM	D	0.99%	0.34%	0.34%
V	B	1.46%	0.33%	0.33%
VEEV	C	0.84%	0.31%	0.31%
VRSK	D	0.44%	0.38%	0.38%
VRTX	D	0.87%	0.38%	0.38%
VZ	C	0.62%	0.36%	0.36%
ZTS	C	0.92%	0.39%	0.39%

FQAL Overweight 99 Positions Relative to ETHO

Symbol	Grade	Weight
GOOGL	B	3.57%
META	A	2.61%
AVGO	B	2.13%
LLY	D	2.06%
HD	A	1.49%
JNJ	D	1.44%
ABBV	C	1.37%
MCD	A	1.17%
XOM	A	1.14%
ACN	B	1.06%
LOW	C	1.03%
PG	D	1.02%
COST	C	1.0%
PGR	B	1.0%
GILD	A	0.97%
SPGI	C	0.96%
BMY	A	0.94%
BX	C	0.91%
PANW	B	0.85%
CME	A	0.84%
FICO	C	0.83%
ORLY	A	0.81%
ACGL	A	0.8%
AZO	D	0.79%
CAT	A	0.79%
MCO	D	0.78%
KO	C	0.78%
AMP	A	0.78%
YUM	C	0.77%
MTD	C	0.75%
WSM	C	0.75%
ABNB	D	0.74%
GRMN	D	0.73%
CPAY	A	0.72%
DPZ	D	0.7%
JXN	A	0.68%
KNSL	B	0.66%
UNP	F	0.65%
CFR	B	0.63%
CVX	B	0.63%
EWBC	B	0.63%
MEDP	F	0.62%
LMT	A	0.62%
PM	D	0.6%
ADP	A	0.59%
QLYS	F	0.58%
LIN	C	0.57%
T	B	0.56%
TDG	A	0.55%
MMM	C	0.54%
NEE	C	0.53%
CTAS	C	0.52%
OTIS	A	0.49%
CSX	D	0.49%
FAST	C	0.47%
AME	C	0.47%
MDLZ	D	0.45%
CPRT	B	0.45%
ODFL	F	0.42%
CEG	A	0.42%
CL	D	0.41%
MO	D	0.41%
TTD	A	0.39%
COP	D	0.39%
SO	A	0.38%
VST	A	0.36%
AMT	D	0.32%
SHW	C	0.31%
MNST	D	0.31%
EOG	B	0.3%
HSY	D	0.29%
FCX	B	0.29%
WMB	A	0.28%
NRG	A	0.27%
WEC	B	0.26%
ECL	C	0.26%
PSA	C	0.25%
LNG	A	0.24%
O	C	0.23%
SPG	A	0.23%
TPL	A	0.21%
UGI	C	0.2%
NFG	A	0.2%
EXR	D	0.2%
AM	A	0.19%
AVB	C	0.19%
NUE	D	0.19%
VICI	C	0.19%
CF	A	0.18%
MLM	F	0.18%
AVY	D	0.17%
EQR	C	0.17%
SBAC	C	0.17%
RS	D	0.16%
EXP	C	0.16%
ESS	D	0.16%
WHD	A	0.16%
GLPI	C	0.15%
RGLD	C	0.15%

FQAL Underweight 261 Positions Relative to ETHO

Symbol	Grade	Weight
ALNY	C	-0.61%
SFM	A	-0.57%
NOVA	F	-0.57%
TPIC	C	-0.53%
AGIO	D	-0.53%
UTHR	C	-0.53%
VCYT	C	-0.52%
PTGX	C	-0.52%
FTDR	B	-0.51%
HLNE	A	-0.5%
TSLA	C	-0.5%
SMAR	A	-0.49%
PIPR	A	-0.48%
MOD	B	-0.47%
SASR	B	-0.46%
PODD	C	-0.46%
GKOS	B	-0.46%
LITE	A	-0.46%
MPWR	B	-0.46%
GDDY	B	-0.45%
IDCC	A	-0.45%
BMI	A	-0.45%
COLB	C	-0.45%
PLNT	B	-0.44%
CARG	C	-0.44%
MMSI	C	-0.44%
EXTR	D	-0.44%
ANET	A	-0.44%
TMUS	A	-0.43%
MATX	C	-0.43%
NMIH	B	-0.43%
BKU	D	-0.43%
BRC	C	-0.43%
NYT	C	-0.43%
EPRT	C	-0.43%
CPRX	C	-0.42%
MSEX	C	-0.42%
LII	C	-0.42%
CNS	C	-0.42%
PFSI	C	-0.42%
CAC	C	-0.41%
TXN	C	-0.41%
LQDT	C	-0.41%
RMD	C	-0.41%
HASI	B	-0.41%
AAT	C	-0.41%
AAON	A	-0.41%
OLED	B	-0.41%
CWT	D	-0.41%
RARE	D	-0.4%
DEA	D	-0.4%
EBC	B	-0.4%
BRO	A	-0.4%
ADI	B	-0.4%
INGR	B	-0.4%
AWK	D	-0.4%
AXP	A	-0.4%
TER	C	-0.4%
BERY	C	-0.39%
DT	B	-0.39%
BURL	C	-0.39%
AWR	B	-0.39%
SSNC	C	-0.39%
SHOO	A	-0.39%
NTAP	D	-0.39%
FFIV	B	-0.39%
BOX	C	-0.39%
NOW	B	-0.39%
TJX	D	-0.39%
MTH	C	-0.39%
PYPL	A	-0.39%
TPH	C	-0.39%
HNI	B	-0.39%
FFBC	D	-0.38%
ATR	A	-0.38%
FIBK	C	-0.38%
AJG	C	-0.38%
INFN	C	-0.38%
AMGN	D	-0.38%
URI	C	-0.38%
BCPC	C	-0.38%
LZB	D	-0.38%
BOKF	B	-0.38%
SCSC	D	-0.37%
THS	D	-0.37%
ITGR	B	-0.37%
CMA	C	-0.37%
ESI	C	-0.37%
LEVI	C	-0.37%
EA	D	-0.37%
LFUS	C	-0.37%
EXEL	B	-0.37%
HWC	D	-0.37%
CAKE	A	-0.37%
PFGC	A	-0.36%
PFE	D	-0.36%
HBAN	B	-0.36%
KEY	B	-0.36%
AUB	D	-0.36%
TGNA	B	-0.36%
KRO	C	-0.36%
YETI	C	-0.36%
TWLO	B	-0.36%
OMC	C	-0.36%
VOYA	A	-0.36%
DFS	A	-0.36%
CSCO	A	-0.36%
AGNC	B	-0.36%
ZM	B	-0.36%
BUSE	D	-0.36%
LAD	C	-0.36%
IT	A	-0.36%
ESNT	A	-0.36%
DECK	B	-0.35%
COLM	B	-0.35%
WTFC	B	-0.35%
TTWO	D	-0.35%
ROST	D	-0.35%
CTS	B	-0.35%
BZH	C	-0.35%
DOCU	A	-0.35%
GIII	C	-0.35%
PPBI	D	-0.35%
ATEN	B	-0.35%
ABG	D	-0.35%
PRI	A	-0.35%
XYL	C	-0.35%
DBX	C	-0.35%
FC	C	-0.35%
ADSK	B	-0.35%
RL	B	-0.35%
KR	C	-0.34%
RUSHA	D	-0.34%
CMG	C	-0.34%
ASB	D	-0.34%
BOH	D	-0.34%
CHD	D	-0.34%
XHR	A	-0.34%
CROX	C	-0.34%
REXR	D	-0.34%
VRSN	C	-0.34%
GEF	B	-0.34%
FHN	D	-0.34%
NOVT	C	-0.34%
AOS	C	-0.34%
SCS	D	-0.34%
JKHY	A	-0.34%
PTC	B	-0.33%
NTNX	C	-0.33%
IPG	D	-0.33%
CARS	F	-0.33%
LCII	C	-0.33%
WTS	C	-0.33%
IRBT	D	-0.33%
NTCT	C	-0.33%
FELE	C	-0.33%
JBT	B	-0.32%
CSGS	B	-0.32%
HAE	F	-0.32%
ANSS	D	-0.32%
VVV	D	-0.32%
IONS	F	-0.32%
EPC	F	-0.32%
RHP	B	-0.32%
FND	C	-0.32%
CGNX	F	-0.32%
ENPH	F	-0.32%
PSTG	F	-0.32%
SHO	B	-0.32%
BE	F	-0.32%
INTU	F	-0.32%
NDSN	C	-0.32%
EXAS	C	-0.32%
SYY	D	-0.32%
TRMB	B	-0.32%
AMKR	F	-0.32%
WRB	C	-0.32%
PINC	F	-0.31%
DAY	C	-0.31%
AMD	C	-0.31%
THR	F	-0.31%
WBS	D	-0.31%
MSA	F	-0.31%
PARA	F	-0.31%
OMF	D	-0.31%
CRM	B	-0.31%
DDOG	B	-0.31%
APLE	B	-0.31%
OZK	D	-0.31%
ATRC	C	-0.31%
ROG	D	-0.31%
ROK	D	-0.31%
LPLA	D	-0.3%
ELAN	D	-0.3%
AMTB	F	-0.3%
CDNS	D	-0.3%
CDW	D	-0.3%
POWI	F	-0.3%
ZS	F	-0.3%
REZI	D	-0.3%
WDAY	D	-0.3%
KELYA	D	-0.29%
PAYC	D	-0.29%
RHI	D	-0.29%
HUBS	D	-0.29%
GNTX	D	-0.29%
PEN	D	-0.29%
CASS	F	-0.29%
ALLY	F	-0.29%
MRK	F	-0.29%
SITE	D	-0.29%
SCL	D	-0.29%
MXL	D	-0.28%
ENTG	D	-0.28%
BL	D	-0.28%
IPGP	D	-0.28%
MKSI	F	-0.28%
ETSY	F	-0.28%
THRM	F	-0.28%
NBIX	F	-0.28%
W	C	-0.28%
SIGI	D	-0.28%
USNA	F	-0.27%
CRI	D	-0.27%
RGEN	F	-0.27%
COTY	F	-0.27%
HVT	F	-0.27%
BMRN	F	-0.27%
BRKR	D	-0.26%
GPN	F	-0.26%
LEA	F	-0.26%
COHU	F	-0.26%
HPP	F	-0.25%
ALG	F	-0.25%
DENN	D	-0.25%
TTGT	F	-0.25%
CYTK	D	-0.25%
MDB	D	-0.25%
EW	F	-0.24%
OKTA	F	-0.24%
VAC	D	-0.24%
EPAM	F	-0.24%
AMN	F	-0.23%
TREX	D	-0.23%
RMBS	F	-0.23%
LSCC	D	-0.23%
ARWR	F	-0.23%
MOV	F	-0.23%
EL	D	-0.22%
ALLO	D	-0.22%
PLUG	D	-0.22%
MRNA	F	-0.21%
MYRG	D	-0.2%
HELE	D	-0.18%
PCRX	D	-0.17%
EB	F	-0.17%
EDIT	F	-0.16%
DXCM	F	-0.16%
ATKR	F	-0.15%
NVRO	F	-0.12%
CHGG	F	-0.08%