FQAL vs. USCL ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to iShares Climate Conscious & Transition MSCI USA ETF (USCL)

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

USCL

iShares Climate Conscious & Transition MSCI USA ETF

USCL Description

The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.65

Average Daily Volume

2,806

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	USCL
30 Days	2.60%	3.79%
60 Days	4.35%	5.19%
90 Days	5.86%	7.34%
12 Months	30.56%	35.52%

77 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in USCL	Overlap
AAPL	C	6.62%	5.23%	5.23%
ABBV	D	1.14%	0.81%	0.81%
ABNB	C	0.75%	0.16%	0.16%
ACGL	D	0.71%	0.1%	0.1%
ACN	C	1.05%	0.61%	0.61%
ADBE	C	0.97%	0.63%	0.63%
ADP	B	0.64%	0.33%	0.33%
AME	A	0.52%	0.12%	0.12%
AMT	D	0.27%	0.24%	0.24%
AVB	B	0.19%	0.09%	0.09%
AVGO	D	2.0%	2.04%	2.0%
AVY	D	0.15%	0.04%	0.04%
BKNG	A	1.21%	0.46%	0.46%
BMY	B	1.02%	0.32%	0.32%
BX	A	1.05%	0.35%	0.35%
CAT	B	0.77%	0.51%	0.51%
CEG	D	0.36%	0.19%	0.19%
CL	D	0.36%	0.19%	0.19%
CME	A	0.85%	0.22%	0.22%
COP	C	0.41%	0.36%	0.36%
CPRT	A	0.48%	0.13%	0.13%
CSX	B	0.49%	0.19%	0.19%
CTAS	B	0.55%	0.21%	0.21%
CVX	A	0.68%	0.77%	0.68%
ECL	D	0.24%	0.17%	0.17%
EOG	A	0.32%	0.21%	0.21%
EQR	B	0.17%	0.07%	0.07%
FCX	D	0.24%	0.17%	0.17%
GILD	C	1.0%	0.31%	0.31%
GOOGL	C	3.69%	2.33%	2.33%
GRMN	B	0.86%	0.09%	0.09%
HD	A	1.5%	1.09%	1.09%
HSY	F	0.25%	0.07%	0.07%
IDXX	F	0.67%	0.09%	0.09%
ITW	B	0.54%	0.22%	0.22%
JNJ	D	1.35%	0.99%	0.99%
KMB	D	0.31%	0.12%	0.12%
KO	D	0.66%	0.69%	0.66%
LIN	D	0.52%	0.59%	0.52%
LLY	F	1.72%	1.72%	1.72%
MA	C	1.48%	1.17%	1.17%
MCD	D	1.11%	0.58%	0.58%
MCO	B	0.76%	0.21%	0.21%
MDLZ	F	0.38%	0.24%	0.24%
META	D	2.51%	3.42%	2.51%
MLM	B	0.19%	0.1%	0.1%
MMM	D	0.5%	0.2%	0.2%
MNST	C	0.31%	0.11%	0.11%
MSFT	F	6.3%	4.42%	4.42%
MTD	D	0.58%	0.07%	0.07%
NEE	D	0.47%	0.42%	0.42%
NFLX	A	0.97%	0.98%	0.97%
NUE	C	0.18%	0.1%	0.1%
NVDA	C	7.24%	6.73%	6.73%
O	D	0.21%	0.13%	0.13%
ODFL	B	0.45%	0.12%	0.12%
PANW	C	0.96%	0.35%	0.35%
PAYX	C	0.49%	0.13%	0.13%
PG	A	0.98%	1.07%	0.98%
PGR	A	1.0%	0.41%	0.41%
PLD	D	0.3%	0.29%	0.29%
QCOM	F	0.91%	0.49%	0.49%
SHW	A	0.3%	0.25%	0.25%
SO	D	0.36%	0.26%	0.26%
SPG	B	0.25%	0.16%	0.16%
SPGI	C	0.92%	0.44%	0.44%
T	A	0.57%	0.43%	0.43%
UNP	C	0.61%	0.39%	0.39%
V	A	1.61%	1.31%	1.31%
VICI	C	0.18%	0.09%	0.09%
VRSK	A	0.46%	0.11%	0.11%
VRTX	F	0.86%	0.34%	0.34%
VZ	C	0.56%	0.46%	0.46%
WSM	B	0.63%	0.05%	0.05%
XOM	B	1.16%	1.46%	1.16%
YUM	B	0.72%	0.1%	0.1%
ZTS	D	0.81%	0.22%	0.22%

FQAL Overweight 47 Positions Relative to USCL

Symbol	Grade	Weight
LOW	D	1.02%
COST	B	1.01%
FICO	B	0.96%
AMP	A	0.92%
ORLY	B	0.84%
VEEV	C	0.84%
CPAY	A	0.82%
EWBC	A	0.78%
CFR	B	0.77%
AMAT	F	0.77%
MSCI	C	0.75%
AZO	C	0.75%
JXN	C	0.74%
CBSH	A	0.71%
DPZ	C	0.69%
LRCX	F	0.67%
KNSL	B	0.65%
QLYS	C	0.64%
KLAC	D	0.64%
PM	B	0.63%
MEDP	D	0.57%
LMT	D	0.56%
GWW	B	0.55%
FAST	B	0.53%
TDG	D	0.49%
OTIS	C	0.45%
MO	A	0.44%
VST	B	0.43%
TTD	B	0.41%
WMB	A	0.34%
TPL	A	0.31%
LNG	B	0.28%
NRG	B	0.27%
WEC	A	0.26%
PSA	D	0.23%
NFG	A	0.2%
AM	A	0.19%
EXR	D	0.19%
UGI	A	0.19%
WHD	B	0.18%
RS	B	0.17%
CF	B	0.17%
SBAC	D	0.16%
ESS	B	0.16%
EXP	A	0.16%
RGLD	C	0.15%
GLPI	C	0.14%

FQAL Underweight 219 Positions Relative to USCL

Symbol	Grade	Weight
AMZN	C	-5.13%
TSLA	B	-2.41%
GOOG	C	-2.03%
JPM	A	-1.88%
UNH	C	-1.47%
WMT	A	-1.01%
CRM	B	-0.87%
BAC	A	-0.87%
ORCL	B	-0.84%
WFC	A	-0.69%
MRK	F	-0.67%
CSCO	B	-0.63%
AMD	F	-0.61%
PEP	F	-0.61%
NOW	A	-0.58%
TMO	F	-0.55%
DIS	B	-0.54%
ABT	B	-0.54%
INTU	C	-0.53%
IBM	C	-0.52%
TXN	C	-0.51%
GS	A	-0.51%
CMCSA	B	-0.46%
AXP	A	-0.45%
MS	A	-0.44%
AMGN	D	-0.43%
DHR	F	-0.43%
BLK	C	-0.42%
PFE	D	-0.4%
ETN	A	-0.39%
UBER	D	-0.36%
BSX	B	-0.35%
TMUS	B	-0.34%
SCHW	B	-0.33%
FI	A	-0.33%
PLTR	B	-0.32%
MMC	B	-0.3%
CB	C	-0.3%
SBUX	A	-0.3%
INTC	D	-0.29%
DE	A	-0.28%
ADI	D	-0.28%
UPS	C	-0.26%
NKE	D	-0.25%
TT	A	-0.25%
WM	A	-0.24%
ICE	C	-0.24%
SNPS	B	-0.23%
REGN	F	-0.23%
MELI	D	-0.23%
PYPL	B	-0.23%
DUK	C	-0.23%
EQIX	A	-0.23%
WELL	A	-0.22%
CMG	B	-0.22%
CDNS	B	-0.22%
USB	A	-0.21%
MCK	B	-0.21%
CRWD	B	-0.21%
AON	A	-0.2%
EMR	A	-0.2%
CRH	A	-0.19%
MAR	B	-0.19%
CVS	D	-0.19%
TGT	F	-0.19%
AJG	B	-0.18%
APO	B	-0.18%
GM	B	-0.18%
ADSK	A	-0.18%
FDX	B	-0.18%
FTNT	C	-0.17%
SLB	C	-0.17%
HLT	A	-0.17%
OKE	A	-0.17%
BK	A	-0.16%
SRE	A	-0.16%
WDAY	B	-0.16%
DLR	B	-0.16%
TRV	B	-0.16%
NSC	B	-0.16%
ROP	B	-0.16%
PCAR	B	-0.16%
JCI	C	-0.15%
CMI	A	-0.14%
AIG	B	-0.14%
KMI	A	-0.14%
RSG	A	-0.13%
SQ	B	-0.13%
NEM	D	-0.13%
D	C	-0.13%
WCN	A	-0.13%
PWR	A	-0.13%
FIS	C	-0.13%
AEP	D	-0.13%
BKR	B	-0.12%
PEG	A	-0.12%
F	C	-0.12%
DFS	B	-0.12%
CCI	D	-0.12%
SNOW	C	-0.11%
STZ	D	-0.11%
EW	C	-0.11%
CTVA	C	-0.11%
TEAM	A	-0.11%
CTSH	B	-0.11%
HES	B	-0.11%
CBRE	B	-0.11%
IT	C	-0.11%
GIS	D	-0.1%
KDP	D	-0.1%
IQV	D	-0.1%
CHTR	C	-0.1%
EXC	C	-0.1%
A	D	-0.1%
DELL	C	-0.1%
XEL	A	-0.1%
LULU	C	-0.1%
WTW	B	-0.09%
EFX	F	-0.09%
FANG	D	-0.09%
ED	D	-0.09%
ROK	B	-0.09%
HUBS	A	-0.09%
OXY	D	-0.09%
NDAQ	A	-0.09%
HUM	C	-0.09%
HIG	B	-0.09%
DD	D	-0.09%
WAB	B	-0.09%
NET	B	-0.08%
DOV	A	-0.08%
STT	A	-0.08%
PPG	F	-0.08%
ANSS	B	-0.08%
GPN	B	-0.08%
XYL	D	-0.08%
EBAY	D	-0.08%
HUBB	B	-0.07%
WST	C	-0.07%
AWK	D	-0.07%
FTV	C	-0.07%
CHD	B	-0.07%
TROW	B	-0.07%
DECK	A	-0.07%
BR	A	-0.07%
HPE	B	-0.07%
LII	A	-0.06%
CLX	B	-0.06%
STLD	B	-0.06%
CBOE	B	-0.06%
CSL	C	-0.06%
NTRS	A	-0.06%
ATO	A	-0.06%
ES	D	-0.06%
K	A	-0.06%
ZBH	C	-0.06%
WAT	B	-0.06%
WY	D	-0.06%
ILMN	D	-0.06%
PTC	A	-0.06%
BIIB	F	-0.06%
OC	A	-0.05%
GEN	B	-0.05%
EXPD	D	-0.05%
ARE	D	-0.05%
MANH	D	-0.05%
TRMB	B	-0.05%
PNR	A	-0.05%
FWONK	B	-0.05%
RPM	A	-0.05%
PINS	D	-0.05%
IEX	B	-0.05%
LVS	C	-0.05%
ULTA	F	-0.05%
WRB	A	-0.05%
ZS	C	-0.05%
MKC	D	-0.05%
FDS	B	-0.05%
BALL	D	-0.05%
TRU	D	-0.05%
FSLR	F	-0.05%
BAH	F	-0.05%
LH	C	-0.05%
REG	B	-0.04%
AKAM	D	-0.04%
RVTY	F	-0.04%
ACM	A	-0.04%
DOC	D	-0.04%
TW	A	-0.04%
EL	F	-0.04%
LNT	A	-0.04%
GGG	B	-0.04%
JBHT	C	-0.04%
TWLO	A	-0.04%
MRO	B	-0.04%
KIM	A	-0.04%
WYNN	D	-0.03%
WTRG	B	-0.03%
CRL	C	-0.03%
CTLT	B	-0.03%
CCK	C	-0.03%
SNAP	C	-0.03%
PAYC	B	-0.03%
TAP	C	-0.03%
BXP	D	-0.03%
CG	A	-0.03%
ALB	C	-0.03%
DAY	B	-0.03%
OKTA	C	-0.03%
INCY	C	-0.03%
JKHY	D	-0.03%
AZPN	A	-0.02%
H	B	-0.02%
BSY	D	-0.02%
MTCH	D	-0.02%
DVA	B	-0.02%
CPB	D	-0.02%
TFX	F	-0.02%
MGM	D	-0.02%