FQAL vs. PFM ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to PowerShares Dividend Achievers (PFM)
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
PFM

PowerShares Dividend Achievers

PFM Description The PowerShares Dividend AchieversTM Portfolio (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend AchieversTM Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Broad Dividend Achievers Index to NASDAQ US Broad Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$47.68

Average Daily Volume

24,412

Number of Holdings *

416

* may have additional holdings in another (foreign) market
Performance
Period FQAL PFM
30 Days 2.60% 2.19%
60 Days 4.35% 2.87%
90 Days 5.86% 5.56%
12 Months 30.56% 26.89%
63 Overlapping Holdings
Symbol Grade Weight in FQAL Weight in PFM Overlap
AAPL C 6.62% 3.9% 3.9%
ABBV D 1.14% 1.27% 1.14%
ACN C 1.05% 0.95% 0.95%
ADP B 0.64% 0.53% 0.53%
AMP A 0.92% 0.24% 0.24%
AMT D 0.27% 0.4% 0.27%
AVGO D 2.0% 3.32% 2.0%
AVY D 0.15% 0.07% 0.07%
BMY B 1.02% 0.5% 0.5%
CAT B 0.77% 0.81% 0.77%
CBSH A 0.71% 0.04% 0.04%
CFR B 0.77% 0.04% 0.04%
CL D 0.36% 0.33% 0.33%
CME A 0.85% 0.35% 0.35%
COST B 1.01% 1.76% 1.01%
CSX B 0.49% 0.29% 0.29%
CTAS B 0.55% 0.38% 0.38%
CVX A 0.68% 1.27% 0.68%
DPZ C 0.69% 0.07% 0.07%
ECL D 0.24% 0.3% 0.24%
ESS B 0.16% 0.08% 0.08%
EXR D 0.19% 0.15% 0.15%
FAST B 0.53% 0.2% 0.2%
GWW B 0.55% 0.25% 0.25%
HD A 1.5% 1.76% 1.5%
HSY F 0.25% 0.11% 0.11%
ITW B 0.54% 0.35% 0.35%
JNJ D 1.35% 1.61% 1.35%
KLAC D 0.64% 0.36% 0.36%
KMB D 0.31% 0.2% 0.2%
KO D 0.66% 1.15% 0.66%
LIN D 0.52% 0.93% 0.52%
LMT D 0.56% 0.55% 0.55%
LOW D 1.02% 0.66% 0.66%
MA C 1.48% 2.06% 1.48%
MCD D 1.11% 0.9% 0.9%
MCO B 0.76% 0.37% 0.37%
MDLZ F 0.38% 0.37% 0.37%
MMM D 0.5% 0.31% 0.31%
MO A 0.44% 0.41% 0.41%
MSFT F 6.3% 3.91% 3.91%
NEE D 0.47% 0.68% 0.47%
NFG A 0.2% 0.02% 0.02%
NUE C 0.18% 0.15% 0.15%
O D 0.21% 0.21% 0.21%
PAYX C 0.49% 0.22% 0.22%
PG A 0.98% 1.73% 0.98%
PLD D 0.3% 0.46% 0.3%
PM B 0.63% 0.88% 0.63%
QCOM F 0.91% 0.79% 0.79%
RGLD C 0.15% 0.04% 0.04%
RS B 0.17% 0.07% 0.07%
SHW A 0.3% 0.41% 0.3%
SO D 0.36% 0.42% 0.36%
SPGI C 0.92% 0.68% 0.68%
UGI A 0.19% 0.02% 0.02%
UNP C 0.61% 0.62% 0.61%
V A 1.61% 2.25% 1.61%
VZ C 0.56% 0.77% 0.56%
WEC A 0.26% 0.13% 0.13%
WSM B 0.63% 0.07% 0.07%
XOM B 1.16% 2.31% 1.16%
ZTS D 0.81% 0.35% 0.35%
FQAL Overweight 61 Positions Relative to PFM
Symbol Grade Weight
NVDA C 7.24%
GOOGL C 3.69%
META D 2.51%
LLY F 1.72%
BKNG A 1.21%
BX A 1.05%
PGR A 1.0%
GILD C 1.0%
ADBE C 0.97%
NFLX A 0.97%
FICO B 0.96%
PANW C 0.96%
VRTX F 0.86%
GRMN B 0.86%
ORLY B 0.84%
VEEV C 0.84%
CPAY A 0.82%
EWBC A 0.78%
AMAT F 0.77%
MSCI C 0.75%
AZO C 0.75%
ABNB C 0.75%
JXN C 0.74%
YUM B 0.72%
ACGL D 0.71%
LRCX F 0.67%
IDXX F 0.67%
KNSL B 0.65%
QLYS C 0.64%
MTD D 0.58%
MEDP D 0.57%
T A 0.57%
AME A 0.52%
TDG D 0.49%
CPRT A 0.48%
VRSK A 0.46%
OTIS C 0.45%
ODFL B 0.45%
VST B 0.43%
COP C 0.41%
TTD B 0.41%
CEG D 0.36%
WMB A 0.34%
EOG A 0.32%
MNST C 0.31%
TPL A 0.31%
LNG B 0.28%
NRG B 0.27%
SPG B 0.25%
FCX D 0.24%
PSA D 0.23%
AM A 0.19%
AVB B 0.19%
MLM B 0.19%
WHD B 0.18%
VICI C 0.18%
EQR B 0.17%
CF B 0.17%
SBAC D 0.16%
EXP A 0.16%
GLPI C 0.14%
FQAL Underweight 353 Positions Relative to PFM
Symbol Grade Weight
JPM A -3.01%
WMT A -2.92%
UNH C -2.35%
ORCL B -2.21%
BAC A -1.56%
MRK F -1.06%
CSCO B -1.0%
MS A -0.94%
PEP F -0.94%
ABT B -0.88%
IBM C -0.83%
TXN C -0.82%
INTU C -0.82%
GS A -0.8%
DHR F -0.72%
CMCSA B -0.72%
RTX C -0.69%
BLK C -0.67%
AMGN D -0.65%
SYK C -0.64%
HON B -0.64%
ETN A -0.62%
PFE D -0.61%
CB C -0.5%
SBUX A -0.49%
MMC B -0.48%
MDT D -0.48%
ADI D -0.45%
UPS C -0.43%
TT A -0.4%
ELV F -0.4%
NKE D -0.39%
ICE C -0.39%
DUK C -0.38%
WM A -0.38%
APH A -0.37%
AON A -0.36%
MSI B -0.35%
PNC B -0.35%
GD F -0.34%
USB A -0.34%
MCK B -0.34%
APD A -0.32%
EMR A -0.32%
NOC D -0.31%
TGT F -0.31%
EPD A -0.29%
AJG B -0.28%
BDX F -0.28%
RSG A -0.28%
TFC A -0.27%
AFL B -0.27%
ROP B -0.26%
TRV B -0.26%
BK A -0.25%
MET A -0.25%
SRE A -0.25%
PSX C -0.24%
ALL A -0.23%
AEP D -0.22%
COR B -0.21%
MPLX A -0.21%
CMI A -0.21%
PRU A -0.2%
LHX C -0.2%
NDAQ A -0.2%
DFS B -0.19%
PEG A -0.19%
KR B -0.18%
XEL A -0.17%
GLW B -0.17%
HPQ B -0.16%
A D -0.16%
VMC B -0.16%
SYY B -0.16%
RJF A -0.15%
HIG B -0.15%
MCHP D -0.15%
RMD C -0.15%
FITB A -0.14%
ROK B -0.14%
EIX B -0.14%
HUM C -0.14%
ED D -0.14%
CAH B -0.13%
TSCO D -0.13%
XYL D -0.13%
BRO B -0.13%
BR A -0.12%
CHD B -0.12%
LYB F -0.12%
DOV A -0.12%
PPG F -0.12%
STT A -0.12%
AEE A -0.11%
DTE C -0.11%
ADM D -0.11%
AWK D -0.11%
TROW B -0.11%
ES D -0.1%
WST C -0.1%
ATO A -0.1%
WRB A -0.1%
CINF A -0.1%
HUBB B -0.1%
CDW F -0.1%
RF A -0.1%
CSL C -0.09%
PFG D -0.09%
CMS C -0.09%
CLX B -0.09%
PKG A -0.09%
STE F -0.09%
CBOE B -0.09%
STLD B -0.09%
LII A -0.09%
RPM A -0.08%
KEY B -0.08%
DGX A -0.08%
BAH F -0.08%
ARE D -0.08%
FDS B -0.08%
TSN B -0.08%
WSO A -0.08%
MAA B -0.08%
MKC D -0.08%
SNA A -0.08%
JBHT C -0.08%
ERIE D -0.08%
BBY D -0.08%
GGG B -0.07%
RGA A -0.07%
LNT A -0.07%
FIX A -0.07%
HRL D -0.07%
WLK D -0.07%
NI A -0.07%
FNF B -0.07%
MAS D -0.07%
EXPD D -0.07%
IEX B -0.07%
GPC D -0.07%
CHRW C -0.06%
ELS C -0.06%
SWK D -0.06%
UNM A -0.06%
REG B -0.06%
POOL C -0.06%
RNR C -0.06%
MORN B -0.06%
NDSN B -0.06%
UDR B -0.06%
EVRG A -0.06%
HEI B -0.06%
CASY A -0.06%
SEIC B -0.05%
WTRG B -0.05%
CUBE D -0.05%
ATR B -0.05%
EVR B -0.05%
BEN C -0.05%
RRX B -0.05%
AIZ A -0.05%
AFG A -0.05%
SJM D -0.05%
LECO B -0.05%
EMN D -0.05%
ALB C -0.05%
ITT A -0.05%
SCI B -0.05%
JKHY D -0.05%
ENSG D -0.04%
EGP F -0.04%
CHE D -0.04%
TTC D -0.04%
OGE B -0.04%
ZION B -0.04%
AOS F -0.04%
WTFC A -0.04%
INGR B -0.04%
DCI B -0.04%
REXR F -0.04%
AES F -0.04%
ORI A -0.04%
GL B -0.04%
MKTX D -0.04%
LAD A -0.04%
AIT A -0.04%
CHDN B -0.04%
PRI A -0.04%
PNW B -0.04%
IPG D -0.04%
THG A -0.03%
TRNO F -0.03%
THO B -0.03%
FFIN B -0.03%
UMBF B -0.03%
SIGI C -0.03%
LFUS F -0.03%
IDA A -0.03%
CBT C -0.03%
HOMB A -0.03%
BMI B -0.03%
STAG F -0.03%
MSA D -0.03%
FAF A -0.03%
CADE B -0.03%
FR C -0.03%
AGCO D -0.03%
R B -0.03%
OSK B -0.03%
AXS A -0.03%
WBA F -0.03%
BOKF B -0.03%
SSD D -0.03%
ADC B -0.03%
RHI B -0.03%
HII D -0.03%
NNN D -0.03%
PB A -0.03%
SSB B -0.03%
UFPI B -0.03%
RLI B -0.03%
WSFS A -0.02%
CBU B -0.02%
PRGO B -0.02%
SR A -0.02%
PII D -0.02%
MGEE C -0.02%
GFF A -0.02%
AUB B -0.02%
MDU D -0.02%
CCOI B -0.02%
WDFC B -0.02%
ASH D -0.02%
BANF B -0.02%
ASB B -0.02%
FUL F -0.02%
CNO A -0.02%
BKH A -0.02%
IBOC A -0.02%
AVNT B -0.02%
FLO D -0.02%
POR C -0.02%
KAI A -0.02%
NJR A -0.02%
AVT C -0.02%
EXPO D -0.02%
FELE B -0.02%
LANC C -0.02%
SON D -0.02%
CNS B -0.02%
NXST C -0.02%
AGO B -0.02%
TKR D -0.02%
MATX C -0.02%
AL B -0.02%
GATX A -0.02%
DDS B -0.02%
OZK B -0.02%
BC C -0.02%
SWX B -0.02%
UBSI B -0.02%
BCPC B -0.02%
WTS B -0.02%
SLGN A -0.02%
MSEX B -0.01%
GABC B -0.01%
TR B -0.01%
UVV B -0.01%
LNN B -0.01%
WABC B -0.01%
NWN A -0.01%
CSGS B -0.01%
TCBK B -0.01%
STBA B -0.01%
SRCE B -0.01%
ANDE D -0.01%
TNC D -0.01%
HMN B -0.01%
DKL C -0.01%
SCL C -0.01%
GTY B -0.01%
SJW D -0.01%
APOG B -0.01%
LKFN B -0.01%
NHC C -0.01%
CHCO B -0.01%
AGM C -0.01%
WOR F -0.01%
WSBC A -0.01%
SYBT B -0.01%
HI C -0.01%
NBTB B -0.01%
LMAT A -0.01%
MTRN C -0.01%
SXI B -0.01%
HNI B -0.01%
FRME B -0.01%
TOWN B -0.01%
HWKN B -0.01%
NSP D -0.01%
ABR C -0.01%
CPK A -0.01%
CWT D -0.01%
WAFD B -0.01%
IOSP B -0.01%
MAN D -0.01%
AVA A -0.01%
INDB B -0.01%
SFNC B -0.01%
TRN C -0.01%
KWR C -0.01%
AWR B -0.01%
BRC D -0.01%
JJSF B -0.01%
OTTR C -0.01%
NWE B -0.01%
POWI D -0.01%
FIBK A -0.01%
ABM B -0.01%
JOUT D -0.0%
FLIC B -0.0%
ARTNA D -0.0%
HVT D -0.0%
ODC C -0.0%
BMRC B -0.0%
CTO B -0.0%
YORW D -0.0%
AROW B -0.0%
UHT D -0.0%
THFF B -0.0%
PLOW D -0.0%
HIFS B -0.0%
CASS B -0.0%
SPTN D -0.0%
WASH C -0.0%
MATW C -0.0%
GSBC B -0.0%
SMBC B -0.0%
HY D -0.0%
MBWM B -0.0%
HBNC B -0.0%
MNRO D -0.0%
FCBC B -0.0%
HFWA B -0.0%
SCVL F -0.0%
PFC A -0.0%
GRC A -0.0%
SBSI B -0.0%
CTBI B -0.0%
TMP B -0.0%
AMSF B -0.0%
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