FQAL vs. JQUA ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to JPMorgan U.S. Quality Factor ETF (JQUA)

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

JQUA

JPMorgan U.S. Quality Factor ETF

JQUA Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Quality Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent quality factor characteristics.

Grade (RS Rating)

Last Trade

$59.18

Average Daily Volume

481,509

Number of Holdings ^*

278

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	JQUA
30 Days	2.60%	4.45%
60 Days	4.35%	5.31%
90 Days	5.86%	7.31%
12 Months	30.56%	31.33%

75 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in JQUA	Overlap
AAPL	C	6.62%	1.86%	1.86%
ABBV	D	1.14%	1.17%	1.14%
ABNB	C	0.75%	0.28%	0.28%
ACGL	D	0.71%	0.29%	0.29%
ACN	C	1.05%	0.88%	0.88%
ADBE	C	0.97%	0.84%	0.84%
ADP	B	0.64%	0.58%	0.58%
AM	A	0.19%	0.03%	0.03%
AMAT	F	0.77%	0.68%	0.68%
AMP	A	0.92%	0.38%	0.38%
AMT	D	0.27%	0.16%	0.16%
AVGO	D	2.0%	1.25%	1.25%
BKNG	A	1.21%	0.79%	0.79%
BMY	B	1.02%	0.61%	0.61%
CBSH	A	0.71%	0.19%	0.19%
CF	B	0.17%	0.2%	0.17%
CL	D	0.36%	0.39%	0.36%
COP	C	0.41%	0.4%	0.4%
COST	B	1.01%	1.51%	1.01%
CPRT	A	0.48%	0.37%	0.37%
CTAS	B	0.55%	0.47%	0.47%
CVX	A	0.68%	0.72%	0.68%
EOG	A	0.32%	0.37%	0.32%
EQR	B	0.17%	0.08%	0.08%
EXP	A	0.16%	0.16%	0.16%
EXR	D	0.19%	0.23%	0.19%
FAST	B	0.53%	0.09%	0.09%
GILD	C	1.0%	0.6%	0.6%
GLPI	C	0.14%	0.07%	0.07%
GOOGL	C	3.69%	1.89%	1.89%
GWW	B	0.55%	0.41%	0.41%
HD	A	1.5%	1.51%	1.5%
IDXX	F	0.67%	0.28%	0.28%
ITW	B	0.54%	0.44%	0.44%
JNJ	D	1.35%	1.4%	1.35%
KLAC	D	0.64%	0.46%	0.46%
KMB	D	0.31%	0.29%	0.29%
KO	D	0.66%	0.76%	0.66%
LIN	D	0.52%	0.88%	0.52%
LMT	D	0.56%	0.58%	0.56%
LRCX	F	0.67%	0.46%	0.46%
MA	C	1.48%	1.58%	1.48%
MCD	D	1.11%	0.87%	0.87%
MCO	B	0.76%	0.44%	0.44%
MEDP	D	0.57%	0.23%	0.23%
META	D	2.51%	2.07%	2.07%
MMM	D	0.5%	0.33%	0.33%
MO	A	0.44%	0.5%	0.44%
MSFT	F	6.3%	1.72%	1.72%
MTD	D	0.58%	0.23%	0.23%
NFG	A	0.2%	0.17%	0.17%
NRG	B	0.27%	0.15%	0.15%
NVDA	C	7.24%	2.22%	2.22%
ORLY	B	0.84%	0.43%	0.43%
PANW	C	0.96%	0.63%	0.63%
PAYX	C	0.49%	0.34%	0.34%
PG	A	0.98%	1.33%	0.98%
PGR	A	1.0%	0.43%	0.43%
PSA	D	0.23%	0.35%	0.23%
QCOM	F	0.91%	0.76%	0.76%
RS	B	0.17%	0.06%	0.06%
SPG	B	0.25%	0.29%	0.25%
SPGI	C	0.92%	0.53%	0.53%
T	A	0.57%	0.3%	0.3%
TPL	A	0.31%	0.11%	0.11%
UGI	A	0.19%	0.16%	0.16%
UNP	C	0.61%	0.66%	0.61%
V	A	1.61%	1.83%	1.61%
VRSK	A	0.46%	0.33%	0.33%
VZ	C	0.56%	0.46%	0.46%
WEC	A	0.26%	0.29%	0.26%
WSM	B	0.63%	0.24%	0.24%
XOM	B	1.16%	1.71%	1.16%
YUM	B	0.72%	0.27%	0.27%
ZTS	D	0.81%	0.44%	0.44%

FQAL Overweight 49 Positions Relative to JQUA

Symbol	Grade	Weight
LLY	F	1.72%
BX	A	1.05%
LOW	D	1.02%
NFLX	A	0.97%
FICO	B	0.96%
VRTX	F	0.86%
GRMN	B	0.86%
CME	A	0.85%
VEEV	C	0.84%
CPAY	A	0.82%
EWBC	A	0.78%
CAT	B	0.77%
CFR	B	0.77%
MSCI	C	0.75%
AZO	C	0.75%
JXN	C	0.74%
DPZ	C	0.69%
KNSL	B	0.65%
QLYS	C	0.64%
PM	B	0.63%
AME	A	0.52%
TDG	D	0.49%
CSX	B	0.49%
NEE	D	0.47%
OTIS	C	0.45%
ODFL	B	0.45%
VST	B	0.43%
TTD	B	0.41%
MDLZ	F	0.38%
SO	D	0.36%
CEG	D	0.36%
WMB	A	0.34%
MNST	C	0.31%
PLD	D	0.3%
SHW	A	0.3%
LNG	B	0.28%
HSY	F	0.25%
FCX	D	0.24%
ECL	D	0.24%
O	D	0.21%
AVB	B	0.19%
MLM	B	0.19%
WHD	B	0.18%
VICI	C	0.18%
NUE	C	0.18%
SBAC	D	0.16%
ESS	B	0.16%
RGLD	C	0.15%
AVY	D	0.15%

FQAL Underweight 203 Positions Relative to JQUA

Symbol	Grade	Weight
BRK.A	B	-1.86%
CRM	B	-1.3%
CSCO	B	-1.02%
MRK	F	-0.99%
ORCL	B	-0.97%
NOW	A	-0.88%
APP	B	-0.86%
ABT	B	-0.85%
INTU	C	-0.82%
IBM	C	-0.67%
TJX	A	-0.63%
PLTR	B	-0.62%
BLK	C	-0.62%
SBUX	A	-0.56%
ADI	D	-0.53%
MMC	B	-0.53%
APH	A	-0.51%
WM	A	-0.5%
NKE	D	-0.48%
CB	C	-0.47%
SNPS	B	-0.46%
CDNS	B	-0.45%
FTNT	C	-0.44%
MAR	B	-0.43%
DASH	A	-0.43%
AON	A	-0.42%
CRWD	B	-0.41%
REGN	F	-0.41%
BDX	F	-0.4%
TRV	B	-0.39%
AJG	B	-0.39%
AFL	B	-0.39%
MRVL	B	-0.38%
LULU	C	-0.37%
ICE	C	-0.36%
EA	A	-0.35%
CTSH	B	-0.34%
IT	C	-0.34%
RSG	A	-0.34%
MSI	B	-0.34%
TEAM	A	-0.33%
DECK	A	-0.32%
ROST	C	-0.31%
DOCU	A	-0.31%
A	D	-0.31%
EBAY	D	-0.3%
BRO	B	-0.29%
BR	A	-0.29%
RMD	C	-0.29%
NDAQ	A	-0.29%
WDAY	B	-0.29%
DDOG	A	-0.29%
CSL	C	-0.28%
VRT	B	-0.28%
WSO	A	-0.27%
EXPE	B	-0.27%
ROP	B	-0.27%
UTHR	C	-0.27%
NVR	D	-0.27%
FFIV	B	-0.27%
MANH	D	-0.26%
ALSN	B	-0.26%
RNG	B	-0.26%
MCHP	D	-0.26%
WRB	A	-0.25%
WY	D	-0.25%
CLH	B	-0.25%
SEIC	B	-0.25%
HOLX	D	-0.24%
EW	C	-0.24%
HST	C	-0.24%
KEYS	A	-0.24%
DBX	B	-0.24%
PAYC	B	-0.24%
MCK	B	-0.24%
LOPE	B	-0.23%
LAMR	D	-0.23%
LEN	D	-0.23%
POOL	C	-0.23%
CTRA	B	-0.23%
FDS	B	-0.23%
LSTR	D	-0.22%
TOST	B	-0.22%
VRSN	F	-0.22%
SNOW	C	-0.22%
HIG	B	-0.22%
LECO	B	-0.22%
JAZZ	B	-0.22%
DRI	B	-0.22%
CLX	B	-0.22%
TWLO	A	-0.22%
HPQ	B	-0.21%
GGG	B	-0.21%
IEX	B	-0.21%
CHE	D	-0.21%
SCCO	F	-0.21%
ED	D	-0.21%
MAA	B	-0.21%
DOX	D	-0.21%
EXPD	D	-0.21%
WMT	A	-0.21%
ROL	B	-0.21%
OGE	B	-0.21%
ZS	C	-0.2%
TPR	B	-0.2%
DT	C	-0.2%
LDOS	C	-0.2%
TER	D	-0.2%
HRB	D	-0.2%
DVA	B	-0.2%
CBOE	B	-0.2%
FNF	B	-0.19%
HPE	B	-0.19%
ANSS	B	-0.19%
BLDR	D	-0.19%
LSCC	D	-0.19%
TYL	B	-0.19%
DKS	C	-0.19%
ZM	B	-0.19%
PSTG	D	-0.19%
NTAP	C	-0.18%
SWKS	F	-0.18%
AKAM	D	-0.18%
PEN	B	-0.18%
MPWR	F	-0.17%
SOLV	C	-0.17%
NTNX	A	-0.17%
AYI	B	-0.16%
DLB	B	-0.16%
SAIC	F	-0.16%
EPAM	C	-0.16%
JBL	B	-0.16%
STE	F	-0.16%
GEN	B	-0.16%
DCI	B	-0.16%
CDW	F	-0.16%
TDC	D	-0.15%
BBY	D	-0.15%
RPM	A	-0.15%
CRI	D	-0.15%
PINS	D	-0.15%
PEGA	A	-0.15%
WMS	D	-0.15%
MSGS	A	-0.15%
AFG	A	-0.14%
ELS	C	-0.14%
CNM	D	-0.14%
CHD	B	-0.14%
EVRG	A	-0.14%
PRI	A	-0.14%
JKHY	D	-0.14%
MTSI	B	-0.14%
RPRX	D	-0.14%
ULTA	F	-0.14%
SMAR	A	-0.13%
SSNC	B	-0.13%
MSM	C	-0.13%
PCOR	B	-0.13%
CCI	D	-0.12%
DXC	B	-0.12%
OKTA	C	-0.12%
PEG	A	-0.12%
ENTG	D	-0.12%
PATH	C	-0.12%
WU	D	-0.12%
GWRE	A	-0.11%
SKX	D	-0.11%
YETI	C	-0.11%
NDSN	B	-0.11%
CRUS	D	-0.11%
BSY	D	-0.11%
TSCO	D	-0.11%
DV	C	-0.11%
MTCH	D	-0.11%
CNC	D	-0.11%
AOS	F	-0.11%
COR	B	-0.1%
WH	B	-0.1%
CPT	B	-0.1%
RLI	B	-0.1%
QRVO	F	-0.1%
BYD	C	-0.1%
CHH	A	-0.09%
ZI	D	-0.09%
COKE	C	-0.09%
LPX	B	-0.09%
ATO	A	-0.09%
IPGP	D	-0.09%
OLN	D	-0.09%
QGEN	D	-0.08%
MPC	D	-0.08%
SIRI	C	-0.08%
INGR	B	-0.08%
PINC	B	-0.07%
TECH	D	-0.06%
PHM	D	-0.06%
WAT	B	-0.06%
CUBE	D	-0.05%
UPS	C	-0.04%
GNTX	C	-0.04%
CHRW	C	-0.02%
VIRT	B	-0.01%
SNX	C	-0.0%

JQUA: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Business Services Diversified Industrials Specialty Retail Diagnostics & Research Insurance - Property & Casualty Semiconductor Equipment & Materials Biotechnology Drug Manufacturers - Major Household & Personal Products Internet Content & Information Capital Markets Industrial Distribution Insurance Brokers Integrated Shipping & Logistics Medical Instruments & Supplies Oil & Gas E&P