FQAL vs. MGK ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to Vanguard Mega Cap Growth ETF (MGK)

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

MGK

Vanguard Mega Cap Growth ETF

MGK Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Growth Index, which represents the growth companies of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization growth stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$335.89

Average Daily Volume

316,899

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	MGK
30 Days	2.60%	3.49%
60 Days	4.35%	5.11%
90 Days	5.86%	6.21%
12 Months	30.56%	34.37%

34 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in MGK	Overlap
AAPL	C	6.62%	13.36%	6.62%
ABNB	C	0.75%	0.34%	0.34%
ACN	C	1.05%	0.58%	0.58%
ADBE	C	0.97%	1.02%	0.97%
ADP	B	0.64%	0.37%	0.37%
AMAT	F	0.77%	0.75%	0.75%
AMT	D	0.27%	0.53%	0.27%
AVGO	D	2.0%	1.83%	1.83%
AZO	C	0.75%	0.22%	0.22%
BKNG	A	1.21%	0.81%	0.81%
BX	A	1.05%	0.38%	0.38%
COST	B	1.01%	1.79%	1.01%
ECL	D	0.24%	0.38%	0.24%
GOOGL	C	3.69%	2.8%	2.8%
KLAC	D	0.64%	0.48%	0.48%
LIN	D	0.52%	0.58%	0.52%
LLY	F	1.72%	3.19%	1.72%
LRCX	F	0.67%	0.53%	0.53%
MA	C	1.48%	1.91%	1.48%
MCD	D	1.11%	1.02%	1.02%
MCO	B	0.76%	0.4%	0.4%
META	D	2.51%	4.92%	2.51%
MNST	C	0.31%	0.27%	0.27%
MSFT	F	6.3%	12.35%	6.3%
NFLX	A	0.97%	1.53%	0.97%
NVDA	C	7.24%	12.52%	7.24%
ORLY	B	0.84%	0.4%	0.4%
PANW	C	0.96%	0.62%	0.62%
PAYX	C	0.49%	0.21%	0.21%
SHW	A	0.3%	0.46%	0.3%
SPGI	C	0.92%	0.77%	0.77%
V	A	1.61%	2.22%	1.61%
VRTX	F	0.86%	0.64%	0.64%
ZTS	D	0.81%	0.42%	0.42%

FQAL Overweight 90 Positions Relative to MGK

Symbol	Grade	Weight
HD	A	1.5%
JNJ	D	1.35%
XOM	B	1.16%
ABBV	D	1.14%
BMY	B	1.02%
LOW	D	1.02%
PGR	A	1.0%
GILD	C	1.0%
PG	A	0.98%
FICO	B	0.96%
AMP	A	0.92%
QCOM	F	0.91%
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%
JXN	C	0.74%
YUM	B	0.72%
ACGL	D	0.71%
CBSH	A	0.71%
DPZ	C	0.69%
CVX	A	0.68%
IDXX	F	0.67%
KO	D	0.66%
KNSL	B	0.65%
QLYS	C	0.64%
WSM	B	0.63%
PM	B	0.63%
UNP	C	0.61%
MTD	D	0.58%
MEDP	D	0.57%
T	A	0.57%
LMT	D	0.56%
VZ	C	0.56%
CTAS	B	0.55%
GWW	B	0.55%
ITW	B	0.54%
FAST	B	0.53%
AME	A	0.52%
MMM	D	0.5%
TDG	D	0.49%
CSX	B	0.49%
CPRT	A	0.48%
NEE	D	0.47%
VRSK	A	0.46%
OTIS	C	0.45%
ODFL	B	0.45%
MO	A	0.44%
VST	B	0.43%
COP	C	0.41%
TTD	B	0.41%
MDLZ	F	0.38%
CL	D	0.36%
SO	D	0.36%
CEG	D	0.36%
WMB	A	0.34%
EOG	A	0.32%
KMB	D	0.31%
TPL	A	0.31%
PLD	D	0.3%
LNG	B	0.28%
NRG	B	0.27%
WEC	A	0.26%
SPG	B	0.25%
HSY	F	0.25%
FCX	D	0.24%
PSA	D	0.23%
O	D	0.21%
NFG	A	0.2%
AM	A	0.19%
EXR	D	0.19%
UGI	A	0.19%
AVB	B	0.19%
MLM	B	0.19%
WHD	B	0.18%
VICI	C	0.18%
NUE	C	0.18%
RS	B	0.17%
EQR	B	0.17%
CF	B	0.17%
SBAC	D	0.16%
ESS	B	0.16%
EXP	A	0.16%
RGLD	C	0.15%
AVY	D	0.15%
GLPI	C	0.14%

FQAL Underweight 37 Positions Relative to MGK

Symbol	Grade	Weight
AMZN	C	-6.82%
TSLA	B	-3.07%
GOOG	C	-2.29%
CRM	B	-1.29%
AMD	F	-1.12%
NOW	A	-0.94%
TXN	C	-0.92%
ISRG	A	-0.89%
INTU	C	-0.81%
UBER	D	-0.73%
TJX	A	-0.66%
BSX	B	-0.65%
BA	F	-0.6%
SBUX	A	-0.59%
TMUS	B	-0.57%
ANET	C	-0.53%
EQIX	A	-0.49%
DIS	B	-0.49%
SNPS	B	-0.45%
CMG	B	-0.44%
CDNS	B	-0.44%
CRWD	B	-0.4%
ADSK	A	-0.38%
MAR	B	-0.37%
SYK	C	-0.37%
WDAY	B	-0.32%
NKE	D	-0.3%
ROST	C	-0.3%
AON	A	-0.28%
MRVL	B	-0.27%
HLT	A	-0.24%
GEV	B	-0.22%
SLB	C	-0.22%
FTNT	C	-0.21%
SNOW	C	-0.19%
EW	C	-0.19%
EL	F	-0.1%