FQAL vs. EUSA ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to iShares MSCI USA Index Fund (EUSA)

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

$67.19

Average Daily Volume

29,912

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

EUSA

iShares MSCI USA Index Fund

EUSA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI USA Index (the "underlying index"). The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a market capitalization-weighted index designed to measure the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$101.24

Average Daily Volume

45,044

Number of Holdings ^*

591

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	EUSA
30 Days	2.60%	5.56%
60 Days	4.35%	6.51%
90 Days	5.86%	8.86%
12 Months	30.56%	32.13%

111 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in EUSA	Overlap
AAPL	C	6.62%	0.16%	0.16%
ABBV	D	1.14%	0.13%	0.13%
ABNB	C	0.75%	0.18%	0.18%
ACGL	D	0.71%	0.15%	0.15%
ACN	C	1.05%	0.16%	0.16%
ADBE	C	0.97%	0.14%	0.14%
ADP	B	0.64%	0.18%	0.18%
AMAT	F	0.77%	0.13%	0.13%
AME	A	0.52%	0.18%	0.18%
AMP	A	0.92%	0.2%	0.2%
AMT	D	0.27%	0.14%	0.14%
AVB	B	0.19%	0.17%	0.17%
AVGO	D	2.0%	0.16%	0.16%
AVY	D	0.15%	0.15%	0.15%
AZO	C	0.75%	0.15%	0.15%
BKNG	A	1.21%	0.21%	0.21%
BMY	B	1.02%	0.19%	0.19%
BX	A	1.05%	0.22%	0.22%
CAT	B	0.77%	0.18%	0.18%
CEG	D	0.36%	0.19%	0.19%
CF	B	0.17%	0.17%	0.17%
CL	D	0.36%	0.14%	0.14%
CME	A	0.85%	0.17%	0.17%
COP	C	0.41%	0.16%	0.16%
COST	B	1.01%	0.17%	0.17%
CPAY	A	0.82%	0.21%	0.21%
CPRT	A	0.48%	0.17%	0.17%
CSX	B	0.49%	0.16%	0.16%
CTAS	B	0.55%	0.17%	0.17%
CVX	A	0.68%	0.17%	0.17%
DPZ	C	0.69%	0.16%	0.16%
ECL	D	0.24%	0.16%	0.16%
EOG	A	0.32%	0.17%	0.17%
EQR	B	0.17%	0.16%	0.16%
ESS	B	0.16%	0.16%	0.16%
EXR	D	0.19%	0.15%	0.15%
FAST	B	0.53%	0.19%	0.19%
FCX	D	0.24%	0.16%	0.16%
FICO	B	0.96%	0.2%	0.2%
GILD	C	1.0%	0.18%	0.18%
GLPI	C	0.14%	0.16%	0.14%
GOOGL	C	3.69%	0.09%	0.09%
GRMN	B	0.86%	0.19%	0.19%
GWW	B	0.55%	0.19%	0.19%
HD	A	1.5%	0.17%	0.17%
HSY	F	0.25%	0.13%	0.13%
IDXX	F	0.67%	0.13%	0.13%
ITW	B	0.54%	0.17%	0.17%
JNJ	D	1.35%	0.15%	0.15%
KLAC	D	0.64%	0.12%	0.12%
KMB	D	0.31%	0.15%	0.15%
KO	D	0.66%	0.14%	0.14%
LIN	D	0.52%	0.15%	0.15%
LLY	F	1.72%	0.12%	0.12%
LMT	D	0.56%	0.15%	0.15%
LNG	B	0.28%	0.19%	0.19%
LOW	D	1.02%	0.17%	0.17%
LRCX	F	0.67%	0.12%	0.12%
MA	C	1.48%	0.19%	0.19%
MCD	D	1.11%	0.16%	0.16%
MCO	B	0.76%	0.15%	0.15%
MDLZ	F	0.38%	0.14%	0.14%
META	D	2.51%	0.17%	0.17%
MLM	B	0.19%	0.17%	0.17%
MMM	D	0.5%	0.16%	0.16%
MNST	C	0.31%	0.18%	0.18%
MO	A	0.44%	0.17%	0.17%
MSCI	C	0.75%	0.17%	0.17%
MSFT	F	6.3%	0.15%	0.15%
MTD	D	0.58%	0.13%	0.13%
NEE	D	0.47%	0.15%	0.15%
NFLX	A	0.97%	0.2%	0.2%
NRG	B	0.27%	0.18%	0.18%
NUE	C	0.18%	0.16%	0.16%
NVDA	C	7.24%	0.18%	0.18%
O	D	0.21%	0.15%	0.15%
ODFL	B	0.45%	0.17%	0.17%
ORLY	B	0.84%	0.17%	0.17%
OTIS	C	0.45%	0.17%	0.17%
PANW	C	0.96%	0.17%	0.17%
PAYX	C	0.49%	0.18%	0.18%
PG	A	0.98%	0.16%	0.16%
PGR	A	1.0%	0.17%	0.17%
PLD	D	0.3%	0.15%	0.15%
PM	B	0.63%	0.17%	0.17%
PSA	D	0.23%	0.16%	0.16%
QCOM	F	0.91%	0.15%	0.15%
RS	B	0.17%	0.17%	0.17%
SBAC	D	0.16%	0.16%	0.16%
SHW	A	0.3%	0.16%	0.16%
SO	D	0.36%	0.16%	0.16%
SPG	B	0.25%	0.18%	0.18%
SPGI	C	0.92%	0.16%	0.16%
T	A	0.57%	0.18%	0.18%
TDG	D	0.49%	0.15%	0.15%
TPL	A	0.31%	0.27%	0.27%
TTD	B	0.41%	0.18%	0.18%
UNP	C	0.61%	0.15%	0.15%
V	A	1.61%	0.2%	0.2%
VEEV	C	0.84%	0.17%	0.17%
VICI	C	0.18%	0.16%	0.16%
VRSK	A	0.46%	0.16%	0.16%
VRTX	F	0.86%	0.15%	0.15%
VST	B	0.43%	0.31%	0.31%
VZ	C	0.56%	0.16%	0.16%
WEC	A	0.26%	0.17%	0.17%
WMB	A	0.34%	0.21%	0.21%
WSM	B	0.63%	0.16%	0.16%
XOM	B	1.16%	0.16%	0.16%
YUM	B	0.72%	0.15%	0.15%
ZTS	D	0.81%	0.15%	0.15%

FQAL Overweight 13 Positions Relative to EUSA

Symbol	Grade	Weight
EWBC	A	0.78%
CFR	B	0.77%
JXN	C	0.74%
CBSH	A	0.71%
KNSL	B	0.65%
QLYS	C	0.64%
MEDP	D	0.57%
NFG	A	0.2%
AM	A	0.19%
UGI	A	0.19%
WHD	B	0.18%
EXP	A	0.16%
RGLD	C	0.15%

FQAL Underweight 480 Positions Relative to EUSA

Symbol	Grade	Weight
APP	B	-0.58%
MSTR	C	-0.51%
PLTR	B	-0.31%
GEV	B	-0.29%
VRT	B	-0.29%
HOOD	B	-0.28%
TOST	B	-0.28%
APO	B	-0.26%
DAL	C	-0.26%
CCL	B	-0.26%
AXON	A	-0.26%
COIN	C	-0.26%
TSLA	B	-0.25%
TEAM	A	-0.25%
TWLO	A	-0.25%
LPLA	A	-0.23%
TRGP	B	-0.23%
SQ	B	-0.23%
RCL	A	-0.23%
Z	A	-0.22%
SYF	B	-0.22%
LYV	A	-0.22%
DASH	A	-0.22%
EME	C	-0.22%
DOCU	A	-0.22%
FI	A	-0.22%
HUBS	A	-0.22%
RJF	A	-0.22%
PODD	C	-0.22%
HBAN	A	-0.21%
ZM	B	-0.21%
WFC	A	-0.21%
EXE	B	-0.21%
EQT	B	-0.21%
MTB	A	-0.21%
CRWD	B	-0.21%
EXPE	B	-0.21%
MS	A	-0.21%
ORCL	B	-0.21%
KMI	A	-0.21%
PAYC	B	-0.21%
DAY	B	-0.21%
PWR	A	-0.2%
CRM	B	-0.2%
PNR	A	-0.2%
DKNG	B	-0.2%
TRMB	B	-0.2%
DIS	B	-0.2%
MET	A	-0.2%
AIZ	A	-0.2%
DLR	B	-0.2%
EMR	A	-0.2%
BKR	B	-0.2%
ALB	C	-0.2%
NTRS	A	-0.2%
CG	A	-0.2%
FLUT	A	-0.2%
IOT	A	-0.2%
ETR	B	-0.2%
DFS	B	-0.2%
RBLX	C	-0.2%
SNA	A	-0.2%
KKR	A	-0.2%
COF	B	-0.2%
MRVL	B	-0.2%
OKE	A	-0.2%
NET	B	-0.19%
CINF	A	-0.19%
WELL	A	-0.19%
PH	A	-0.19%
HLT	A	-0.19%
BLK	C	-0.19%
CBRE	B	-0.19%
PNC	B	-0.19%
ROKU	D	-0.19%
JCI	C	-0.19%
TRV	B	-0.19%
TT	A	-0.19%
PYPL	B	-0.19%
TTWO	A	-0.19%
GS	A	-0.19%
ARES	A	-0.19%
JBL	B	-0.19%
SEIC	B	-0.19%
FTNT	C	-0.19%
WYNN	D	-0.19%
BK	A	-0.19%
APD	A	-0.19%
PKG	A	-0.19%
CMI	A	-0.19%
GM	B	-0.19%
LVS	C	-0.19%
BAC	A	-0.19%
FFIV	B	-0.19%
PRU	A	-0.19%
ADSK	A	-0.19%
CNP	B	-0.19%
HUBB	B	-0.19%
NOW	A	-0.19%
LUV	C	-0.19%
HWM	A	-0.19%
WBD	C	-0.19%
OC	A	-0.19%
LW	C	-0.19%
IP	B	-0.19%
STLD	B	-0.19%
ETN	A	-0.19%
DELL	C	-0.19%
WAB	B	-0.19%
SW	A	-0.19%
RF	A	-0.19%
MAR	B	-0.19%
SCHW	B	-0.19%
AEE	A	-0.18%
IEX	B	-0.18%
TDY	B	-0.18%
ZBRA	B	-0.18%
ISRG	A	-0.18%
KR	B	-0.18%
EA	A	-0.18%
FCNCA	A	-0.18%
CMG	B	-0.18%
DECK	A	-0.18%
KIM	A	-0.18%
SOLV	C	-0.18%
ATO	A	-0.18%
AON	A	-0.18%
SYK	C	-0.18%
MCK	B	-0.18%
CSCO	B	-0.18%
WSO	A	-0.18%
TAP	C	-0.18%
JPM	A	-0.18%
HON	B	-0.18%
C	A	-0.18%
ACM	A	-0.18%
PCG	A	-0.18%
VTRS	A	-0.18%
AXP	A	-0.18%
BXP	D	-0.18%
EPAM	C	-0.18%
MSI	B	-0.18%
MDB	C	-0.18%
JKHY	D	-0.18%
GDDY	A	-0.18%
PEG	A	-0.18%
VMC	B	-0.18%
IR	B	-0.18%
AMZN	C	-0.18%
WMT	A	-0.18%
NDAQ	A	-0.18%
CFG	B	-0.18%
AZPN	A	-0.18%
KEY	B	-0.18%
HPE	B	-0.18%
MKTX	D	-0.18%
CNH	C	-0.18%
DDOG	A	-0.18%
SRE	A	-0.18%
URI	B	-0.18%
FDS	B	-0.18%
INTC	D	-0.18%
GEN	B	-0.18%
BSX	B	-0.18%
XEL	A	-0.18%
LULU	C	-0.18%
TW	A	-0.18%
GLW	B	-0.18%
PCAR	B	-0.18%
USB	A	-0.18%
HIG	B	-0.18%
TMUS	B	-0.18%
NI	A	-0.18%
FITB	A	-0.18%
FIS	C	-0.18%
CRH	A	-0.18%
RPM	A	-0.18%
AFL	B	-0.18%
STT	A	-0.18%
ROK	B	-0.17%
UDR	B	-0.17%
REG	B	-0.17%
CB	C	-0.17%
F	C	-0.17%
MANH	D	-0.17%
TJX	A	-0.17%
HST	C	-0.17%
GE	D	-0.17%
FNF	B	-0.17%
CMCSA	B	-0.17%
CDNS	B	-0.17%
HPQ	B	-0.17%
SBUX	A	-0.17%
KNX	B	-0.17%
WRB	A	-0.17%
NWSA	B	-0.17%
HES	B	-0.17%
OVV	B	-0.17%
DGX	A	-0.17%
AIG	B	-0.17%
APH	A	-0.17%
LHX	C	-0.17%
DE	A	-0.17%
RMD	C	-0.17%
DVA	B	-0.17%
EBAY	D	-0.17%
IT	C	-0.17%
ANET	C	-0.17%
BR	A	-0.17%
IBM	C	-0.17%
NSC	B	-0.17%
IRM	D	-0.17%
HSIC	B	-0.17%
PFG	D	-0.17%
GPN	B	-0.17%
H	B	-0.17%
CARR	D	-0.17%
PPL	B	-0.17%
PTC	A	-0.17%
CAH	B	-0.17%
TGT	F	-0.17%
CHD	B	-0.17%
GGG	B	-0.17%
CTVA	C	-0.17%
BLDR	D	-0.17%
MKL	A	-0.17%
CSL	C	-0.17%
TROW	B	-0.17%
VTR	C	-0.17%
INCY	C	-0.17%
LNT	A	-0.17%
KVUE	A	-0.17%
BRO	B	-0.17%
ALL	A	-0.17%
CHRW	C	-0.17%
KEYS	A	-0.17%
CTRA	B	-0.17%
LII	A	-0.17%
CLX	B	-0.17%
EQIX	A	-0.17%
L	A	-0.17%
WTW	B	-0.17%
SNAP	C	-0.17%
WDAY	B	-0.17%
BRK.A	B	-0.17%
CHTR	C	-0.17%
EVRG	A	-0.17%
TFC	A	-0.17%
DOV	A	-0.17%
AFG	A	-0.17%
EG	C	-0.16%
STZ	D	-0.16%
GEHC	F	-0.16%
MDT	D	-0.16%
ROP	B	-0.16%
SSNC	B	-0.16%
SNOW	C	-0.16%
DOC	D	-0.16%
CBOE	B	-0.16%
ZBH	C	-0.16%
PSX	C	-0.16%
CTLT	B	-0.16%
ELS	C	-0.16%
UNH	C	-0.16%
AEP	D	-0.16%
MAS	D	-0.16%
ROL	B	-0.16%
WTRG	B	-0.16%
ICE	C	-0.16%
VRSN	F	-0.16%
DTE	C	-0.16%
HAL	C	-0.16%
K	A	-0.16%
DUK	C	-0.16%
OMC	C	-0.16%
BIO	D	-0.16%
MMC	B	-0.16%
TSN	B	-0.16%
CPT	B	-0.16%
EW	C	-0.16%
CTSH	B	-0.16%
VLO	C	-0.16%
RTX	C	-0.16%
WDC	D	-0.16%
FDX	B	-0.16%
COR	B	-0.16%
WST	C	-0.16%
WY	D	-0.16%
WCN	A	-0.16%
CCK	C	-0.16%
NVR	D	-0.16%
CMS	C	-0.16%
ILMN	D	-0.16%
COO	D	-0.16%
EIX	B	-0.16%
BBY	D	-0.16%
D	C	-0.16%
WAT	B	-0.16%
DD	D	-0.16%
FWONK	B	-0.16%
DXCM	D	-0.16%
DT	C	-0.16%
EXC	C	-0.16%
NLY	C	-0.16%
RSG	A	-0.16%
UPS	C	-0.16%
TSCO	D	-0.16%
MAA	B	-0.16%
LH	C	-0.16%
AJG	B	-0.16%
MRO	B	-0.16%
TRU	D	-0.16%
DRI	B	-0.16%
NDSN	B	-0.16%
PHM	D	-0.16%
TYL	B	-0.16%
BURL	A	-0.16%
ANSS	B	-0.16%
ALLE	D	-0.16%
JBHT	C	-0.16%
UTHR	C	-0.16%
EMN	D	-0.16%
ZS	C	-0.16%
POOL	C	-0.16%
LDOS	C	-0.16%
WM	A	-0.16%
FTV	C	-0.16%
ABT	B	-0.16%
SJM	D	-0.15%
MPC	D	-0.15%
BBWI	D	-0.15%
TXT	D	-0.15%
ADI	D	-0.15%
ES	D	-0.15%
NTAP	C	-0.15%
BG	F	-0.15%
BALL	D	-0.15%
PINS	D	-0.15%
KMX	B	-0.15%
CVS	D	-0.15%
PARA	C	-0.15%
BSY	D	-0.15%
CCI	D	-0.15%
CI	F	-0.15%
MOS	F	-0.15%
UBER	D	-0.15%
ROST	C	-0.15%
ACI	C	-0.15%
BDX	F	-0.15%
SUI	D	-0.15%
VLTO	D	-0.15%
GD	F	-0.15%
STX	D	-0.15%
ALGN	D	-0.15%
MGM	D	-0.15%
FBIN	D	-0.15%
INVH	D	-0.15%
BEN	C	-0.15%
MKC	D	-0.15%
RPRX	D	-0.15%
CSGP	D	-0.15%
SNPS	B	-0.15%
MELI	D	-0.15%
FE	C	-0.15%
FANG	D	-0.15%
INTU	C	-0.15%
WPC	D	-0.15%
AMH	D	-0.15%
NOC	D	-0.15%
TEL	B	-0.15%
PPG	F	-0.15%
AWK	D	-0.15%
ED	D	-0.15%
HOLX	D	-0.15%
LEN	D	-0.15%
TXN	C	-0.15%
EQH	B	-0.15%
SYY	B	-0.15%
FERG	B	-0.15%
SLB	C	-0.15%
EXPD	D	-0.15%
CHRD	D	-0.14%
CAG	D	-0.14%
ALLY	C	-0.14%
DVN	F	-0.14%
KHC	F	-0.14%
PFE	D	-0.14%
NXPI	D	-0.14%
UHS	D	-0.14%
GPC	D	-0.14%
CPB	D	-0.14%
ON	D	-0.14%
NKE	D	-0.14%
AOS	F	-0.14%
GIS	D	-0.14%
PEP	F	-0.14%
KDP	D	-0.14%
DINO	D	-0.14%
ENTG	D	-0.14%
WLK	D	-0.14%
IPG	D	-0.14%
SWK	D	-0.14%
J	F	-0.14%
AMD	F	-0.14%
OXY	D	-0.14%
DKS	C	-0.14%
ADM	D	-0.14%
ERIE	D	-0.14%
BAX	D	-0.14%
HCA	F	-0.14%
A	D	-0.14%
DHI	D	-0.14%
IFF	D	-0.14%
TTC	D	-0.14%
ARE	D	-0.14%
BAH	F	-0.14%
JNPR	F	-0.14%
MU	D	-0.14%
UHAL	D	-0.14%
STE	F	-0.14%
TECH	D	-0.14%
AMCR	D	-0.14%
RVTY	F	-0.14%
CRL	C	-0.14%
XYL	D	-0.14%
HRL	D	-0.14%
ULTA	F	-0.14%
LKQ	D	-0.14%
EXAS	D	-0.14%
NBIX	C	-0.13%
MCHP	D	-0.13%
MOH	F	-0.13%
PSTG	D	-0.13%
TFX	F	-0.13%
EFX	F	-0.13%
MTCH	D	-0.13%
DOW	F	-0.13%
TMO	F	-0.13%
MRK	F	-0.13%
ALNY	D	-0.13%
NEM	D	-0.13%
FSLR	F	-0.13%
BA	F	-0.13%
DHR	F	-0.13%
AKAM	D	-0.13%
AMGN	D	-0.13%
LYB	F	-0.13%
CNC	D	-0.12%
FOXA	B	-0.12%
APTV	D	-0.12%
BIIB	F	-0.12%
OKTA	C	-0.12%
AVTR	F	-0.12%
RIVN	F	-0.12%
IQV	D	-0.12%
WBA	F	-0.12%
APA	D	-0.12%
TER	D	-0.12%
CDW	F	-0.12%
HUM	C	-0.12%
AES	F	-0.12%
SWKS	F	-0.12%
CELH	F	-0.11%
HEI	B	-0.11%
HII	D	-0.11%
EL	F	-0.11%
ELV	F	-0.11%
REGN	F	-0.1%
DG	F	-0.1%
MPWR	F	-0.1%
DLTR	F	-0.1%
BMRN	D	-0.1%
CE	F	-0.09%
QRVO	F	-0.09%
HEI	B	-0.08%
ENPH	F	-0.08%
GOOG	C	-0.08%
MRNA	F	-0.07%
SMCI	F	-0.07%
FOX	A	-0.06%