FSMD vs. QABA ETF Comparison

Comparison of Fidelity Small-Mid Factor ETF (FSMD) to First Trust NASDAQ ABA Community Bank Index Fund (QABA)

FSMD

Fidelity Small-Mid Factor ETF

FSMD Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Factor Index℠, which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index℠.

Grade (RS Rating)

Last Trade

$38.30

Average Daily Volume

112,555

Number of Holdings ^*

571

* may have additional holdings in another (foreign) market

QABA

First Trust NASDAQ ABA Community Bank Index Fund

QABA Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) ABA Community Bank Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. For the purposes of the index, a "community bank" is considered to be all U.S.banks and thrifts or their holding companies listed on NASDAQ(R), excluding the 50 largest U.S. banks by asset size. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.21

Average Daily Volume

11,514

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	FSMD	QABA
30 Days	4.08%	0.85%
60 Days	-0.55%	-1.08%
90 Days	1.77%	1.31%
12 Months	23.85%	21.52%

23 Overlapping Holdings

Symbol	Grade	Weight in FSMD	Weight in QABA	Overlap
AMAL	C	0.1%	0.47%	0.1%
BFST	D	0.09%	0.33%	0.09%
CASH	C	0.12%	0.86%	0.12%
CASS	D	0.1%	0.37%	0.1%
CATY	D	0.13%	1.62%	0.13%
CHCO	C	0.12%	0.93%	0.12%
CTBI	C	0.1%	0.47%	0.1%
FULT	C	0.14%	1.86%	0.14%
HAFC	D	0.09%	0.29%	0.09%
IBCP	C	0.1%	0.32%	0.1%
IBOC	C	0.15%	2.2%	0.15%
MSBI	F	0.09%	0.3%	0.09%
OSBC	C	0.11%	0.39%	0.11%
OZK	C	0.18%	3.24%	0.18%
PEBO	C	0.11%	0.64%	0.11%
PFBC	C	0.12%	0.65%	0.12%
QCRH	C	0.11%	0.6%	0.11%
SRCE	C	0.1%	0.76%	0.1%
TBBK	D	0.1%	1.07%	0.1%
THFF	C	0.09%	0.27%	0.09%
UMBF	C	0.15%	2.47%	0.15%
WABC	C	0.11%	0.79%	0.11%
WTFC	C	0.2%	3.67%	0.2%

FSMD Overweight 548 Positions Relative to QABA

Symbol	Grade	Weight
EME	B	0.46%
PSTG	A	0.42%
IBKR	A	0.37%
IP	B	0.36%
RGA	B	0.35%
NVT	B	0.35%
WRK	A	0.34%
TOL	C	0.34%
UTHR	B	0.34%
VKTX	D	0.34%
FTI	B	0.33%
FIX	B	0.33%
APP	B	0.33%
TECH	C	0.33%
RBA	C	0.33%
TW	B	0.33%
BLD	D	0.32%
CASY	B	0.32%
TPL	B	0.32%
WMS	C	0.31%
TXRH	A	0.31%
FOXA	B	0.31%
WING	B	0.31%
DKS	D	0.31%
XPO	D	0.31%
WWD	A	0.3%
EVRG	C	0.3%
UDR	C	0.3%
RNR	B	0.3%
ONTO	B	0.3%
TTEK	B	0.3%
JKHY	C	0.3%
EMN	A	0.29%
AMH	C	0.29%
NI	C	0.29%
CLH	A	0.29%
CHK	B	0.29%
BSY	C	0.29%
LAMR	B	0.28%
ELF	C	0.28%
MEDP	D	0.28%
EWBC	C	0.28%
ALLY	C	0.28%
ITT	C	0.28%
CRL	F	0.28%
UHS	C	0.28%
CW	B	0.28%
CNM	C	0.28%
CHRW	B	0.27%
HRL	C	0.27%
UNM	B	0.27%
ERIE	D	0.27%
DOCU	C	0.27%
INCY	C	0.27%
SFM	B	0.27%
SCI	D	0.27%
MUSA	A	0.26%
ALLE	D	0.26%
RPRX	F	0.26%
JNPR	D	0.26%
ALV	A	0.26%
CACI	B	0.26%
AOS	D	0.26%
GMED	B	0.25%
ORI	B	0.25%
CUBE	C	0.25%
CRBG	C	0.25%
ELAN	A	0.25%
SF	C	0.25%
ATR	B	0.25%
LNW	D	0.25%
HSIC	D	0.25%
DINO	D	0.25%
GWRE	B	0.25%
KBR	B	0.25%
HII	D	0.25%
SKX	A	0.25%
EHC	C	0.25%
REG	D	0.25%
ANF	A	0.25%
JLL	C	0.25%
SWN	C	0.25%
NYT	A	0.24%
FN	B	0.24%
ETRN	A	0.24%
JXN	C	0.24%
CCK	C	0.24%
DCI	C	0.24%
PNW	C	0.24%
TAP	F	0.24%
KNSL	F	0.24%
DVA	A	0.24%
HAS	B	0.24%
TFX	D	0.24%
FFIV	F	0.24%
MOS	D	0.24%
AFG	C	0.24%
TREX	D	0.24%
CHRD	B	0.24%
AIZ	D	0.24%
LNTH	C	0.23%
GNTX	D	0.23%
EXAS	F	0.23%
RBC	B	0.23%
PRI	D	0.23%
CHE	F	0.23%
DOX	F	0.23%
VOYA	A	0.23%
EVR	B	0.23%
MORN	D	0.23%
DTM	A	0.23%
QRVO	F	0.23%
BWA	C	0.23%
TPX	D	0.23%
CPB	C	0.23%
HALO	C	0.22%
TTC	F	0.22%
RGEN	F	0.22%
INGR	C	0.22%
ACI	F	0.22%
WBS	F	0.22%
NNN	C	0.22%
BRKR	D	0.22%
RL	C	0.22%
RGLD	B	0.22%
HRB	C	0.22%
OHI	B	0.22%
BWXT	D	0.22%
GPK	C	0.22%
FCN	C	0.22%
HLI	B	0.22%
BXP	D	0.22%
BPMC	C	0.22%
SNX	A	0.22%
AYI	C	0.22%
LEA	F	0.21%
MSA	C	0.21%
COOP	B	0.21%
BPOP	C	0.21%
MLI	C	0.21%
UFPI	C	0.21%
SAIC	C	0.21%
ARW	C	0.21%
OLED	B	0.21%
MTCH	F	0.21%
OSK	D	0.21%
MTH	C	0.21%
FRT	D	0.21%
OGE	C	0.21%
ZION	C	0.21%
ESTC	D	0.21%
AXS	A	0.21%
ALSN	D	0.21%
RYAN	B	0.21%
HQY	D	0.21%
ENSG	D	0.21%
SEIC	D	0.21%
AIT	B	0.21%
BRBR	C	0.21%
MUR	F	0.21%
CRUS	A	0.21%
EXP	D	0.21%
ADMA	B	0.2%
EXEL	F	0.2%
ESNT	C	0.2%
MHK	C	0.2%
BRX	D	0.2%
RLI	C	0.2%
SSD	F	0.2%
BFAM	C	0.2%
MTN	F	0.2%
SPSC	C	0.2%
MGY	D	0.2%
IOT	C	0.2%
BMI	B	0.2%
TMHC	C	0.2%
KD	C	0.2%
EGP	F	0.2%
FLS	B	0.2%
AXTA	C	0.2%
RHI	F	0.19%
FORM	B	0.19%
CMC	C	0.19%
PBF	D	0.19%
STRL	C	0.19%
CNX	A	0.19%
VNT	D	0.19%
AMG	D	0.19%
LFUS	B	0.19%
SIGI	F	0.19%
X	D	0.19%
MTG	C	0.19%
OMF	C	0.19%
ESAB	D	0.19%
STAG	F	0.19%
JAZZ	F	0.19%
AIRC	A	0.19%
PATH	F	0.19%
KBH	C	0.19%
LAD	F	0.19%
DUOL	D	0.19%
KNX	F	0.19%
MMSI	C	0.18%
AN	B	0.18%
WH	F	0.18%
BC	F	0.18%
AWI	D	0.18%
ITGR	B	0.18%
WTS	C	0.18%
VCTR	B	0.18%
FR	F	0.18%
IBP	D	0.18%
HLNE	A	0.18%
RDN	C	0.18%
HAE	C	0.18%
AGCO	F	0.18%
NSIT	B	0.18%
MOG.A	C	0.18%
FNB	C	0.18%
NFG	B	0.18%
ATKR	F	0.18%
BERY	C	0.18%
GL	F	0.18%
LSTR	D	0.18%
STNG	B	0.18%
PCVX	C	0.18%
ALTR	B	0.17%
EPRT	C	0.17%
ESI	D	0.17%
KTB	B	0.17%
WIRE	C	0.17%
HOG	D	0.17%
NXST	C	0.17%
LOPE	C	0.17%
COKE	B	0.17%
CVLT	A	0.17%
MMS	C	0.17%
OPCH	D	0.17%
XRAY	F	0.17%
WU	D	0.17%
GPI	B	0.17%
AEO	D	0.17%
BCO	A	0.17%
OLLI	C	0.17%
BCC	D	0.17%
AAON	D	0.17%
SON	B	0.17%
AVT	A	0.17%
MPW	C	0.17%
LBRDK	D	0.17%
FSS	B	0.17%
ESGR	A	0.17%
PCOR	D	0.17%
ABG	C	0.17%
MATX	A	0.16%
COLB	D	0.16%
SMAR	D	0.16%
CORT	B	0.16%
VRNS	C	0.16%
ZWS	C	0.16%
SKYW	C	0.16%
IONS	F	0.16%
THO	F	0.16%
ENS	B	0.16%
TRNO	F	0.16%
BCPC	C	0.16%
TPH	C	0.16%
VIRT	C	0.16%
PLMR	C	0.16%
UFPT	B	0.16%
PHIN	A	0.16%
POR	C	0.16%
CBZ	B	0.16%
POWL	A	0.16%
SATS	B	0.16%
CSWI	A	0.16%
RMBS	F	0.16%
KRG	C	0.16%
VRRM	C	0.16%
WLK	A	0.16%
LIVN	C	0.16%
IESC	C	0.16%
BDC	B	0.16%
ATGE	B	0.16%
IDA	C	0.16%
INSW	B	0.16%
AX	C	0.15%
CRVL	C	0.15%
APAM	B	0.15%
REX	C	0.15%
STRA	C	0.15%
ALE	B	0.15%
TNL	D	0.15%
PBH	F	0.15%
CEIX	B	0.15%
PSN	D	0.15%
SLVM	A	0.15%
DOCS	B	0.15%
TNK	A	0.15%
WMG	F	0.15%
LRN	B	0.15%
BKH	C	0.15%
SANM	B	0.15%
LMAT	A	0.15%
AMED	A	0.15%
ALKS	F	0.15%
AXNX	D	0.15%
NHI	B	0.15%
CRC	F	0.15%
DLB	D	0.15%
QLYS	F	0.15%
CNO	B	0.15%
CTRE	B	0.15%
LPG	A	0.15%
GMS	D	0.15%
GPOR	C	0.15%
FBP	B	0.15%
SUM	D	0.15%
ACIW	C	0.15%
DBX	F	0.15%
SKY	F	0.15%
APPF	C	0.15%
ASC	B	0.15%
ACA	B	0.15%
ASGN	D	0.15%
TENB	F	0.15%
AZZ	A	0.14%
CVCO	D	0.14%
KRC	F	0.14%
PATK	B	0.14%
OGS	F	0.14%
VNO	F	0.14%
PAG	D	0.14%
CENTA	C	0.14%
MSM	F	0.14%
ALRM	D	0.14%
SNEX	B	0.14%
DIOD	B	0.14%
SHOO	B	0.14%
HIW	C	0.14%
DORM	D	0.14%
PLXS	A	0.14%
BRC	A	0.14%
VCEL	C	0.14%
NMIH	C	0.14%
FTDR	C	0.14%
GNW	C	0.14%
CWEN	B	0.14%
ASO	D	0.14%
OSG	A	0.14%
LAUR	B	0.14%
OTTR	C	0.14%
MGEE	C	0.14%
FUL	C	0.14%
MHO	C	0.14%
ROAD	B	0.14%
ADUS	A	0.14%
TEX	C	0.14%
FELE	D	0.14%
CUZ	C	0.14%
KAI	D	0.13%
IDCC	B	0.13%
NEU	F	0.13%
LCII	F	0.13%
CACC	F	0.13%
MYRG	D	0.13%
CARG	C	0.13%
BNL	D	0.13%
NSP	F	0.13%
HWKN	B	0.13%
CALM	B	0.13%
BLKB	C	0.13%
VLY	F	0.13%
ESE	C	0.13%
ENVA	D	0.13%
SKWD	C	0.13%
ASTH	B	0.13%
TNET	D	0.13%
CPRX	B	0.13%
WEN	F	0.13%
BTU	D	0.13%
HCC	B	0.13%
CHH	F	0.13%
TGNA	C	0.13%
BYD	F	0.13%
URBN	B	0.13%
AGX	A	0.13%
SLP	C	0.13%
IOSP	B	0.13%
VSH	B	0.13%
BOX	F	0.13%
VSTO	C	0.13%
GHC	C	0.13%
EPR	D	0.13%
AMKR	B	0.13%
MTX	A	0.13%
BXMT	F	0.13%
AVA	C	0.13%
SKT	D	0.13%
PRDO	B	0.13%
OMCL	D	0.12%
AMRX	B	0.12%
ZD	D	0.12%
PINC	F	0.12%
OSIS	B	0.12%
YELP	F	0.12%
EVTC	F	0.12%
CCS	C	0.12%
IDYA	D	0.12%
TK	A	0.12%
LTC	B	0.12%
GOLF	C	0.12%
HUBG	C	0.12%
SXI	D	0.12%
ARCH	B	0.12%
RUSHA	D	0.12%
DEI	C	0.12%
HNI	C	0.12%
ICFI	D	0.12%
GEO	D	0.12%
CLW	A	0.12%
HELE	D	0.12%
MLR	B	0.12%
NEOG	C	0.12%
OFG	C	0.12%
USPH	D	0.12%
NHC	A	0.12%
EQC	C	0.12%
DDS	B	0.12%
JJSF	C	0.12%
WDFC	F	0.12%
ACLS	C	0.12%
PETQ	B	0.11%
MTRN	F	0.11%
ANDE	D	0.11%
WGO	F	0.11%
ODC	A	0.11%
USLM	C	0.11%
PLUS	C	0.11%
ARCB	F	0.11%
CXW	D	0.11%
FIVN	F	0.11%
COLL	D	0.11%
DAKT	B	0.11%
NWLI	C	0.11%
GRBK	D	0.11%
MGRC	D	0.11%
AGM	D	0.11%
TNC	D	0.11%
LZB	B	0.11%
WOR	D	0.11%
FCF	C	0.11%
SUPN	F	0.11%
ANIP	D	0.11%
CWAN	C	0.11%
CRI	F	0.11%
PLTK	C	0.11%
ACT	B	0.11%
CCOI	D	0.11%
AMR	D	0.11%
IART	F	0.1%
AMWD	D	0.1%
OEC	C	0.1%
WINA	D	0.1%
BDN	C	0.1%
USM	B	0.1%
JBI	C	0.1%
PARR	F	0.1%
GEF	C	0.1%
SCS	C	0.1%
GIII	B	0.1%
PDM	C	0.1%
DEA	D	0.1%
PRGS	F	0.1%
CUBI	F	0.1%
ALG	F	0.1%
AMPH	D	0.1%
CVI	D	0.1%
BKE	D	0.1%
GSHD	C	0.1%
ACLX	D	0.1%
PGNY	F	0.1%
TDC	F	0.1%
BL	F	0.1%
INVA	C	0.1%
HSTM	C	0.1%
AMN	F	0.1%
NCNO	F	0.1%
NAVI	F	0.1%
KNSA	C	0.1%
ROCK	F	0.1%
SCHL	C	0.1%
DXC	F	0.1%
VGR	C	0.1%
SPOK	D	0.09%
BZH	F	0.09%
EBF	B	0.09%
KFRC	F	0.09%
IMKTA	F	0.09%
GRC	D	0.09%
CNXN	B	0.09%
AMCX	B	0.09%
INFA	D	0.09%
HURN	D	0.09%
JBSS	D	0.09%
WRLD	F	0.09%
PLAB	D	0.09%
WS	B	0.09%
KELYA	D	0.09%
ARDX	D	0.09%
ETD	F	0.09%
RAMP	F	0.09%
FOR	D	0.09%
IRMD	C	0.09%
NYCB	D	0.09%
MCB	C	0.09%
FIZZ	F	0.09%
RMR	D	0.08%
HCKT	D	0.08%
CWCO	D	0.08%
NRC	F	0.08%
SIRI	F	0.08%
DV	F	0.08%
SWI	C	0.08%
FRSH	F	0.08%
UVV	D	0.08%
KREF	F	0.08%
MITK	D	0.08%
DFH	F	0.08%
HNRG	D	0.08%
SXC	D	0.08%
HE	F	0.08%
PLPC	C	0.08%
BELFB	B	0.08%
ACAD	F	0.08%
CCRN	F	0.07%
GIC	F	0.07%
GNE	F	0.07%
LSEA	F	0.07%
QTRX	F	0.07%
OABI	F	0.07%
HVT	F	0.07%
RCMT	D	0.06%
OSUR	F	0.06%
SMLR	D	0.05%
IRWD	F	0.05%
IRON	F	0.05%
MED	F	0.04%

FSMD Underweight 100 Positions Relative to QABA

Symbol	Grade	Weight
CBSH	C	-4.4%
UBSI	F	-2.72%
FFIN	C	-2.61%
HWC	C	-2.45%
TFSL	C	-2.22%
ABCB	C	-2.04%
UCBI	D	-1.89%
BANF	C	-1.76%
FIBK	C	-1.74%
TCBI	D	-1.72%
WSFS	C	-1.63%
FHB	C	-1.62%
CVBF	D	-1.4%
WAFD	D	-1.39%
SFNC	F	-1.35%
INDB	D	-1.34%
FFBC	C	-1.32%
PPBI	D	-1.3%
TOWN	C	-1.25%
FRME	C	-1.22%
SBCF	F	-1.21%
HTLF	C	-1.15%
IBTX	B	-1.15%
TRMK	C	-1.11%
NBTB	C	-1.08%
MBIN	D	-1.08%
WSBC	C	-1.01%
CLBK	F	-1.01%
LKFN	C	-0.96%
BANR	C	-0.96%
EFSC	D	-0.89%
NWBI	C	-0.87%
SYBT	C	-0.84%
FBNC	F	-0.8%
BUSE	C	-0.78%
STBA	C	-0.77%
TCBK	C	-0.76%
HOPE	D	-0.76%
VBTX	C	-0.69%
SASR	C	-0.65%
GABC	C	-0.6%
RBCAA	C	-0.55%
OCFC	D	-0.54%
SBSI	F	-0.5%
BFC	C	-0.5%
BRKL	F	-0.48%
CNOB	D	-0.48%
FBMS	D	-0.48%
FMBH	C	-0.47%
DCOM	D	-0.45%
BHRB	C	-0.44%
PFC	D	-0.44%
CFFN	F	-0.42%
CFB	C	-0.4%
UVSP	C	-0.4%
FCBC	C	-0.39%
HFWA	D	-0.39%
GSBC	D	-0.38%
HBT	C	-0.38%
MBWM	C	-0.37%
CCB	C	-0.36%
EGBN	F	-0.35%
TRST	C	-0.33%
HBNC	C	-0.33%
HTBK	D	-0.31%
HONE	D	-0.3%
HTBI	C	-0.3%
CAC	C	-0.29%
SMBC	D	-0.29%
CCBG	D	-0.28%
NBN	B	-0.28%
FMNB	D	-0.28%
SPFI	C	-0.27%
WASH	D	-0.27%
AROW	B	-0.26%
NFBK	D	-0.25%
PGC	F	-0.25%
CCNE	C	-0.25%
ESQ	D	-0.24%
KRNY	D	-0.23%
SHBI	D	-0.23%
FFIC	D	-0.23%
RBB	C	-0.22%
MPB	C	-0.22%
HIFS	D	-0.22%
MOFG	D	-0.21%
NEWT	C	-0.2%
BWB	C	-0.2%
PFIS	D	-0.18%
NRIM	B	-0.18%
CARE	D	-0.18%
FISI	D	-0.17%
WSBF	C	-0.16%
FRST	D	-0.16%
NECB	C	-0.15%
BMRC	D	-0.15%
FLIC	F	-0.14%
BLFY	C	-0.14%
CZFS	F	-0.12%
OVLY	D	-0.12%