FQAL vs. IQSU ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to IQ Candriam ESG US Equity ETF (IQSU)

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

IQSU

IQ Candriam ESG US Equity ETF

IQSU Description

The investment seeks investment results that track (before fees and expenses) the price and yield performance of its underlying index, the IQ Candriam ESG US Equity Index. The Advisor employs a passive management - or indexing - investment approach designed to track the performance of the underlying index. The underlying index is designed to deliver exposure to equity securities of companies meeting environmental, social and corporate governance (ESG) criteria developed by Candriam and weighted using a market capitalization weighting methodology.

Grade (RS Rating)

Last Trade

$49.60

Average Daily Volume

10,845

Number of Holdings ^*

281

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	IQSU
30 Days	2.60%	4.52%
60 Days	4.35%	4.59%
90 Days	5.86%	6.02%
12 Months	30.56%	24.96%

66 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in IQSU	Overlap
AAPL	C	6.62%	9.59%	6.62%
ABNB	C	0.75%	0.23%	0.23%
ACGL	D	0.71%	0.13%	0.13%
ACN	C	1.05%	0.94%	0.94%
ADBE	C	0.97%	0.87%	0.87%
ADP	B	0.64%	0.48%	0.48%
AMAT	F	0.77%	0.55%	0.55%
AMP	A	0.92%	0.22%	0.22%
AMT	D	0.27%	0.37%	0.27%
AVB	B	0.19%	0.13%	0.13%
AZO	C	0.75%	0.2%	0.2%
BMY	B	1.02%	0.46%	0.46%
BX	A	1.05%	0.51%	0.51%
CL	D	0.36%	0.31%	0.31%
CME	A	0.85%	0.32%	0.32%
CPAY	A	0.82%	0.1%	0.1%
CTAS	B	0.55%	0.3%	0.3%
ECL	D	0.24%	0.24%	0.24%
EQR	B	0.17%	0.1%	0.1%
ESS	B	0.16%	0.07%	0.07%
EXR	D	0.19%	0.14%	0.14%
FAST	B	0.53%	0.18%	0.18%
FCX	D	0.24%	0.24%	0.24%
FICO	B	0.96%	0.22%	0.22%
GILD	C	1.0%	0.43%	0.43%
GOOGL	C	3.69%	2.84%	2.84%
GWW	B	0.55%	0.18%	0.18%
HD	A	1.5%	1.56%	1.5%
HSY	F	0.25%	0.1%	0.1%
IDXX	F	0.67%	0.14%	0.14%
ITW	B	0.54%	0.32%	0.32%
KLAC	D	0.64%	0.33%	0.33%
KMB	D	0.31%	0.18%	0.18%
LIN	D	0.52%	0.85%	0.52%
LNG	B	0.28%	0.2%	0.2%
LOW	D	1.02%	0.59%	0.59%
LRCX	F	0.67%	0.36%	0.36%
MA	C	1.48%	1.66%	1.48%
MCO	B	0.76%	0.3%	0.3%
MDLZ	F	0.38%	0.34%	0.34%
MLM	B	0.19%	0.14%	0.14%
MMM	D	0.5%	0.28%	0.28%
MSCI	C	0.75%	0.18%	0.18%
MSFT	F	6.3%	9.56%	6.3%
MTD	D	0.58%	0.1%	0.1%
NEE	D	0.47%	0.61%	0.47%
NUE	C	0.18%	0.14%	0.14%
OTIS	C	0.45%	0.16%	0.16%
PANW	C	0.96%	0.49%	0.49%
PAYX	C	0.49%	0.18%	0.18%
PG	A	0.98%	1.58%	0.98%
PGR	A	1.0%	0.59%	0.59%
PLD	D	0.3%	0.41%	0.3%
PSA	D	0.23%	0.21%	0.21%
QCOM	F	0.91%	0.67%	0.67%
SBAC	D	0.16%	0.09%	0.09%
SHW	A	0.3%	0.35%	0.3%
SPG	B	0.25%	0.23%	0.23%
SPGI	C	0.92%	0.62%	0.62%
V	A	1.61%	1.91%	1.61%
VEEV	C	0.84%	0.12%	0.12%
VRSK	A	0.46%	0.16%	0.16%
VRTX	F	0.86%	0.46%	0.46%
WMB	A	0.34%	0.28%	0.28%
YUM	B	0.72%	0.15%	0.15%
ZTS	D	0.81%	0.32%	0.32%

FQAL Overweight 58 Positions Relative to IQSU

Symbol	Grade	Weight
NVDA	C	7.24%
META	D	2.51%
AVGO	D	2.0%
LLY	F	1.72%
JNJ	D	1.35%
BKNG	A	1.21%
XOM	B	1.16%
ABBV	D	1.14%
MCD	D	1.11%
COST	B	1.01%
NFLX	A	0.97%
GRMN	B	0.86%
ORLY	B	0.84%
EWBC	A	0.78%
CAT	B	0.77%
CFR	B	0.77%
JXN	C	0.74%
CBSH	A	0.71%
DPZ	C	0.69%
CVX	A	0.68%
KO	D	0.66%
KNSL	B	0.65%
QLYS	C	0.64%
WSM	B	0.63%
PM	B	0.63%
UNP	C	0.61%
MEDP	D	0.57%
T	A	0.57%
LMT	D	0.56%
VZ	C	0.56%
AME	A	0.52%
TDG	D	0.49%
CSX	B	0.49%
CPRT	A	0.48%
ODFL	B	0.45%
MO	A	0.44%
VST	B	0.43%
COP	C	0.41%
TTD	B	0.41%
SO	D	0.36%
CEG	D	0.36%
EOG	A	0.32%
MNST	C	0.31%
TPL	A	0.31%
NRG	B	0.27%
WEC	A	0.26%
O	D	0.21%
NFG	A	0.2%
AM	A	0.19%
UGI	A	0.19%
WHD	B	0.18%
VICI	C	0.18%
RS	B	0.17%
CF	B	0.17%
EXP	A	0.16%
RGLD	C	0.15%
AVY	D	0.15%
GLPI	C	0.14%

FQAL Underweight 215 Positions Relative to IQSU

Symbol	Grade	Weight
TSLA	B	-3.69%
GOOG	C	-2.55%
UNH	C	-2.17%
BAC	A	-1.23%
CRM	B	-1.2%
CSCO	B	-0.91%
PEP	F	-0.86%
AMD	F	-0.86%
NOW	A	-0.82%
DIS	B	-0.82%
IBM	C	-0.77%
GE	D	-0.76%
INTU	C	-0.7%
TXN	C	-0.7%
AXP	A	-0.65%
CMCSA	B	-0.65%
MS	A	-0.65%
TJX	A	-0.54%
C	A	-0.5%
FI	A	-0.5%
MU	D	-0.43%
MMC	B	-0.43%
SBUX	A	-0.43%
ADI	D	-0.42%
KKR	A	-0.4%
INTC	D	-0.4%
UPS	C	-0.38%
TT	A	-0.37%
ELV	F	-0.37%
CI	F	-0.36%
MELI	D	-0.36%
PH	A	-0.35%
ICE	C	-0.35%
PYPL	B	-0.35%
WM	A	-0.35%
NKE	D	-0.35%
EQIX	A	-0.34%
CMG	B	-0.32%
PNC	B	-0.32%
WELL	A	-0.32%
MSI	B	-0.32%
CDNS	B	-0.32%
SNPS	B	-0.32%
CRWD	B	-0.31%
MRVL	B	-0.3%
EMR	A	-0.29%
USB	A	-0.29%
APD	A	-0.28%
MAR	B	-0.27%
COF	B	-0.27%
FDX	B	-0.26%
OKE	A	-0.26%
APO	B	-0.26%
ADSK	A	-0.26%
AJG	B	-0.25%
DLR	B	-0.24%
TFC	A	-0.24%
HLT	A	-0.24%
SLB	C	-0.24%
ROP	B	-0.23%
SRE	A	-0.23%
BK	A	-0.23%
TRV	B	-0.23%
CARR	D	-0.23%
KMI	A	-0.22%
DASH	A	-0.22%
JCI	C	-0.22%
MPC	D	-0.22%
TGT	F	-0.22%
AFL	B	-0.22%
FTNT	C	-0.22%
WDAY	B	-0.21%
URI	B	-0.21%
ALL	A	-0.2%
RCL	A	-0.2%
PWR	A	-0.19%
FIS	C	-0.19%
MET	A	-0.19%
AIG	B	-0.19%
NEM	D	-0.19%
BKR	B	-0.18%
PCG	A	-0.18%
CCI	D	-0.18%
PEG	A	-0.18%
PRU	A	-0.18%
KVUE	A	-0.18%
VLO	C	-0.18%
DFS	B	-0.17%
EA	A	-0.16%
SNOW	C	-0.16%
CBRE	B	-0.16%
IR	B	-0.16%
EW	C	-0.16%
CHTR	C	-0.15%
SYY	B	-0.15%
EXC	C	-0.15%
KR	B	-0.15%
CTSH	B	-0.15%
TEAM	A	-0.15%
IT	C	-0.15%
WAB	B	-0.14%
HIG	B	-0.14%
RMD	C	-0.14%
MTB	A	-0.14%
HUM	C	-0.14%
HPQ	B	-0.14%
DELL	C	-0.14%
GIS	D	-0.14%
GLW	B	-0.14%
VMC	B	-0.14%
WTW	B	-0.13%
ROK	B	-0.13%
IRM	D	-0.13%
HUBS	A	-0.13%
ED	D	-0.13%
KDP	D	-0.13%
LULU	C	-0.13%
GPN	B	-0.12%
TSCO	D	-0.12%
DXCM	D	-0.12%
ANSS	B	-0.12%
NDAQ	A	-0.12%
TTWO	A	-0.12%
EFX	F	-0.12%
RJF	A	-0.12%
EBAY	D	-0.12%
ALNY	D	-0.12%
DD	D	-0.12%
FITB	A	-0.12%
AWK	D	-0.11%
CHD	B	-0.11%
DOV	A	-0.11%
NVR	D	-0.11%
HPE	B	-0.11%
HAL	C	-0.11%
PPG	F	-0.11%
KEYS	A	-0.11%
ON	D	-0.11%
CAH	B	-0.11%
XYL	D	-0.11%
KHC	F	-0.1%
HBAN	A	-0.1%
NTAP	C	-0.1%
VTR	C	-0.1%
SYF	B	-0.1%
BR	A	-0.1%
ADM	D	-0.1%
MPWR	F	-0.1%
FTV	C	-0.1%
CBOE	B	-0.09%
NTRS	A	-0.09%
WBD	C	-0.09%
WY	D	-0.09%
BIIB	F	-0.09%
ZBH	C	-0.09%
IFF	D	-0.09%
WST	C	-0.09%
CDW	F	-0.09%
RF	A	-0.09%
INVH	D	-0.08%
MKC	D	-0.08%
OMC	C	-0.08%
PFG	D	-0.08%
MDB	C	-0.08%
ZBRA	B	-0.08%
LH	C	-0.08%
WDC	D	-0.08%
CLX	B	-0.08%
CFG	B	-0.08%
K	A	-0.08%
STE	F	-0.08%
LYB	F	-0.08%
WAT	B	-0.08%
ES	D	-0.08%
PKG	A	-0.08%
EXPD	D	-0.07%
MAS	D	-0.07%
ULTA	F	-0.07%
BBY	D	-0.07%
PINS	D	-0.07%
TRMB	B	-0.07%
KEY	B	-0.07%
DGX	A	-0.07%
HOLX	D	-0.07%
MAA	B	-0.07%
ZS	C	-0.07%
TRU	D	-0.07%
BALL	D	-0.07%
STX	D	-0.07%
APTV	D	-0.06%
JBHT	C	-0.06%
DOC	D	-0.06%
VRSN	F	-0.06%
SSNC	B	-0.06%
DG	F	-0.06%
TER	D	-0.06%
EG	C	-0.06%
ARE	D	-0.06%
GEN	B	-0.06%
BMRN	D	-0.05%
OKTA	C	-0.05%
DLTR	F	-0.05%
CAG	D	-0.05%
AKAM	D	-0.05%
AVTR	F	-0.05%
INCY	C	-0.05%
SWKS	F	-0.05%
EL	F	-0.05%
DOX	D	-0.04%
RPRX	D	-0.04%
SNAP	C	-0.04%
CPB	D	-0.03%
ENPH	F	-0.03%
HRL	D	-0.03%
AGR	B	-0.01%