FSMD vs. TMSL ETF Comparison

Comparison of Fidelity Small-Mid Factor ETF (FSMD) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Small-Mid Cap ETF (TMSL)

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

$44.30

Average Daily Volume

86,159

Number of Holdings ^*

577

* may have additional holdings in another (foreign) market

TMSL

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Small-Mid Cap ETF

TMSL Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in assets issued by small- or mid-cap companies. The fund may at times invest significantly in certain sectors, such as the information technology sector.

Grade (RS Rating)

Last Trade

$34.69

Average Daily Volume

74,374

Number of Holdings ^*

256

* may have additional holdings in another (foreign) market

Performance

Period	FSMD	TMSL
30 Days	7.37%	7.83%
60 Days	7.55%	7.33%
90 Days	9.10%	8.82%
12 Months	35.46%	36.92%

110 Overlapping Holdings

Symbol	Grade	Weight in FSMD	Weight in TMSL	Overlap
ACM	A	0.31%	0.12%	0.12%
AGCO	D	0.15%	0.5%	0.15%
ALKS	B	0.16%	0.21%	0.16%
ALV	C	0.19%	0.22%	0.19%
AMAL	B	0.1%	0.14%	0.1%
APPF	B	0.16%	0.08%	0.08%
ASGN	F	0.13%	0.28%	0.13%
ATEN	B	0.12%	0.27%	0.12%
AWI	A	0.19%	0.39%	0.19%
AYI	B	0.24%	0.27%	0.24%
BCO	D	0.12%	0.39%	0.12%
BERY	B	0.2%	0.28%	0.2%
BFAM	D	0.17%	0.65%	0.17%
BJ	A	0.25%	0.28%	0.25%
BLD	D	0.24%	0.23%	0.23%
BPMC	C	0.17%	0.32%	0.17%
BPOP	B	0.19%	1.14%	0.19%
BRX	A	0.23%	0.43%	0.23%
BWXT	B	0.27%	0.16%	0.16%
CASY	A	0.32%	0.26%	0.26%
CHDN	B	0.23%	0.25%	0.23%
CLH	B	0.26%	0.48%	0.26%
COOP	B	0.19%	0.47%	0.19%
CRBG	B	0.2%	0.58%	0.2%
CRNX	C	0.15%	0.23%	0.15%
CUBE	D	0.25%	0.59%	0.25%
CVLT	B	0.21%	0.15%	0.15%
CW	B	0.3%	0.49%	0.3%
DOX	D	0.23%	0.31%	0.23%
DUOL	A	0.35%	0.47%	0.35%
EEFT	B	0.15%	0.23%	0.15%
EHC	B	0.25%	0.45%	0.25%
ELAN	D	0.19%	0.26%	0.19%
ELS	C	0.28%	0.26%	0.26%
EME	C	0.47%	0.54%	0.47%
ENS	D	0.12%	0.17%	0.12%
EQH	B	0.32%	0.46%	0.32%
ESAB	B	0.19%	0.81%	0.19%
ESNT	D	0.17%	0.13%	0.13%
EWBC	A	0.33%	0.48%	0.33%
FBP	B	0.13%	0.52%	0.13%
FCN	D	0.17%	0.28%	0.17%
FIX	A	0.36%	0.16%	0.16%
FLO	D	0.14%	0.33%	0.14%
FTDR	A	0.17%	0.27%	0.17%
FTI	A	0.3%	1.23%	0.3%
GEO	B	0.19%	0.32%	0.19%
HII	D	0.16%	0.75%	0.16%
KFY	B	0.13%	0.41%	0.13%
KRC	C	0.15%	0.26%	0.15%
LAMR	D	0.26%	0.79%	0.26%
LRN	A	0.17%	0.41%	0.17%
LSTR	D	0.16%	0.28%	0.16%
MANH	D	0.35%	0.3%	0.3%
MCB	B	0.11%	0.24%	0.11%
MORN	B	0.22%	0.44%	0.22%
MTX	B	0.12%	0.24%	0.12%
MWA	B	0.14%	0.51%	0.14%
NBIX	C	0.26%	0.29%	0.26%
NFG	A	0.19%	0.19%	0.19%
NTNX	A	0.38%	0.59%	0.38%
NTRA	B	0.44%	0.25%	0.25%
NWE	B	0.15%	0.19%	0.15%
NXST	C	0.17%	0.35%	0.17%
OC	A	0.33%	0.3%	0.3%
OFG	B	0.11%	0.28%	0.11%
OLLI	D	0.15%	0.19%	0.15%
OMF	A	0.19%	0.45%	0.19%
PATK	D	0.12%	0.56%	0.12%
PBH	A	0.16%	0.17%	0.16%
PCVX	D	0.23%	0.34%	0.23%
PHIN	A	0.13%	0.37%	0.13%
PLAB	C	0.1%	0.25%	0.1%
PLNT	A	0.24%	0.41%	0.24%
PLUS	F	0.11%	0.16%	0.11%
PRDO	B	0.11%	0.2%	0.11%
REG	B	0.28%	0.36%	0.28%
REXR	F	0.21%	0.84%	0.21%
RGA	A	0.32%	0.51%	0.32%
RGEN	D	0.18%	0.21%	0.18%
RL	B	0.22%	0.63%	0.22%
RNR	C	0.31%	0.95%	0.31%
RPM	A	0.36%	0.77%	0.36%
SCI	B	0.29%	0.25%	0.25%
SEM	B	0.14%	1.35%	0.14%
SHOO	D	0.12%	0.29%	0.12%
SKWD	A	0.13%	0.31%	0.13%
SRPT	D	0.23%	0.16%	0.16%
STNG	F	0.11%	0.52%	0.11%
SUM	B	0.18%	0.5%	0.18%
TFX	F	0.21%	0.61%	0.21%
THC	D	0.32%	1.13%	0.32%
THG	A	0.19%	0.2%	0.19%
TKR	D	0.13%	0.42%	0.13%
TNL	A	0.15%	0.4%	0.15%
TOL	B	0.34%	0.6%	0.34%
TREX	C	0.17%	0.23%	0.17%
TTC	D	0.19%	0.45%	0.19%
TW	A	0.35%	0.17%	0.17%
TXRH	C	0.29%	0.2%	0.2%
UFPI	B	0.19%	0.22%	0.19%
UHS	D	0.26%	0.34%	0.26%
VNT	B	0.17%	0.26%	0.17%
VOYA	B	0.22%	0.67%	0.22%
VRRM	D	0.11%	0.37%	0.11%
WAL	B	0.25%	1.15%	0.25%
WBS	A	0.26%	0.8%	0.26%
WFRD	D	0.17%	0.22%	0.17%
WING	D	0.22%	0.5%	0.22%
WU	D	0.13%	0.62%	0.13%

FSMD Overweight 467 Positions Relative to TMSL

Symbol	Grade	Weight
TPL	A	0.6%
LYV	A	0.45%
IBKR	A	0.44%
NRG	B	0.43%
LII	A	0.39%
SNA	A	0.38%
GWRE	A	0.36%
UTHR	C	0.35%
PNR	A	0.35%
WSO	A	0.34%
L	A	0.33%
SFM	A	0.33%
NWSA	B	0.33%
SW	A	0.32%
GGG	B	0.31%
PSTG	D	0.31%
TPR	B	0.31%
DTM	B	0.3%
UNM	A	0.3%
ROL	B	0.29%
SF	B	0.29%
EXEL	B	0.28%
AIZ	A	0.28%
CPT	B	0.28%
NDSN	B	0.28%
ITT	A	0.27%
AMH	D	0.27%
EVR	B	0.27%
FHN	A	0.27%
JLL	D	0.27%
CHRW	C	0.27%
INCY	C	0.27%
OWL	A	0.27%
BRBR	A	0.26%
JNPR	F	0.26%
ALLE	D	0.26%
ATR	B	0.26%
NVT	B	0.26%
BXP	D	0.26%
LECO	B	0.25%
EXP	A	0.25%
DOCS	C	0.25%
SOLV	C	0.25%
BSY	D	0.25%
MLI	C	0.25%
GMED	A	0.25%
CIEN	B	0.25%
KNSL	B	0.25%
DKS	C	0.25%
TAP	C	0.25%
PRI	A	0.25%
HLI	B	0.25%
ORI	A	0.24%
WWD	B	0.24%
GL	B	0.24%
MUSA	A	0.24%
OGE	B	0.24%
OHI	C	0.24%
AAON	B	0.24%
ERIE	D	0.24%
CMA	A	0.24%
MASI	A	0.24%
ALSN	B	0.24%
CNX	A	0.24%
AIT	A	0.24%
WTFC	A	0.23%
TTEK	F	0.23%
NYT	C	0.23%
TPX	B	0.23%
HLNE	B	0.23%
DVA	B	0.23%
AFG	A	0.23%
ZION	B	0.23%
RGLD	C	0.23%
HSIC	B	0.23%
INGR	B	0.23%
ENSG	D	0.22%
ADMA	B	0.22%
SNX	C	0.22%
WH	B	0.22%
ALLY	C	0.22%
RBC	A	0.22%
CBSH	A	0.22%
SEIC	B	0.22%
CACI	D	0.22%
SNV	B	0.22%
HRL	D	0.21%
RLI	B	0.21%
ADC	B	0.21%
MTSI	B	0.21%
CHRD	D	0.21%
QTWO	A	0.21%
GPK	C	0.21%
FN	D	0.21%
DCI	B	0.21%
CHE	D	0.21%
GKOS	B	0.21%
AXTA	A	0.21%
CR	A	0.21%
FRT	B	0.21%
BWA	D	0.2%
KD	B	0.2%
JXN	C	0.2%
AXS	A	0.2%
ONTO	D	0.2%
SKX	D	0.2%
TMHC	B	0.2%
G	B	0.2%
MMSI	B	0.2%
FLS	B	0.2%
EXLS	B	0.2%
STRL	B	0.2%
CPB	D	0.2%
MTCH	D	0.2%
RDNT	B	0.2%
HRB	D	0.2%
CORT	B	0.2%
NNN	D	0.2%
WMG	C	0.19%
ANF	C	0.19%
WMS	D	0.19%
ALTR	B	0.19%
MGY	A	0.19%
PRCT	B	0.19%
TDS	B	0.19%
ACI	C	0.19%
DBX	B	0.19%
RHI	B	0.19%
MEDP	D	0.19%
AOS	F	0.19%
EWTX	C	0.19%
MTH	D	0.18%
OSK	B	0.18%
CEIX	A	0.18%
CNM	D	0.18%
SIGI	C	0.18%
ESTC	C	0.18%
UMBF	B	0.18%
KNF	A	0.18%
EPRT	B	0.18%
MHK	D	0.18%
DINO	D	0.18%
SSD	D	0.18%
VMI	B	0.18%
FR	C	0.18%
PIPR	B	0.18%
BMI	B	0.18%
R	B	0.18%
ACIW	B	0.18%
MTN	C	0.18%
CSWI	A	0.18%
CMC	B	0.18%
GNTX	C	0.18%
MTG	C	0.18%
MIR	A	0.17%
ITGR	B	0.17%
PI	D	0.17%
BKH	A	0.17%
QLYS	C	0.17%
DORM	B	0.17%
SMLR	B	0.17%
NOVT	D	0.17%
LNTH	D	0.17%
SLM	A	0.17%
SN	D	0.17%
UGI	A	0.17%
ACLX	C	0.17%
MOG.A	B	0.17%
SPSC	C	0.17%
GPI	A	0.17%
BYD	C	0.17%
STAG	F	0.17%
ESI	A	0.17%
OLED	D	0.17%
AROC	B	0.17%
AMG	B	0.17%
CBT	C	0.17%
IDCC	A	0.17%
CROX	D	0.16%
CALM	A	0.16%
ASB	B	0.16%
CNO	A	0.16%
CTRE	D	0.16%
ZD	C	0.16%
BTU	B	0.16%
TGNA	B	0.16%
PEGA	A	0.16%
MATX	C	0.16%
LOPE	B	0.16%
VIRT	B	0.16%
SKYW	B	0.16%
ALE	A	0.16%
DLB	B	0.16%
MSA	D	0.16%
VRNS	D	0.16%
HALO	F	0.16%
CUZ	B	0.16%
ROAD	A	0.16%
SR	A	0.16%
POST	C	0.16%
OZK	B	0.16%
COKE	C	0.16%
PRIM	A	0.16%
SAIC	F	0.16%
ZWS	B	0.16%
PLXS	B	0.16%
KTB	B	0.16%
BCPC	B	0.16%
ARW	D	0.16%
KBH	D	0.16%
GHC	C	0.15%
IBOC	A	0.15%
HAE	C	0.15%
SLGN	A	0.15%
CHH	A	0.15%
SON	D	0.15%
FULT	A	0.15%
BRKR	D	0.15%
IBP	D	0.15%
CRVL	A	0.15%
CRUS	D	0.15%
FSS	B	0.15%
HIMS	B	0.15%
FHI	A	0.15%
KAI	A	0.15%
SANM	B	0.15%
TENB	C	0.15%
BGC	C	0.15%
CIVI	D	0.15%
PJT	A	0.15%
IESC	B	0.15%
BCC	B	0.15%
CVCO	A	0.15%
AGX	B	0.15%
CATY	B	0.15%
AVT	C	0.15%
AX	A	0.15%
ABG	B	0.15%
RDN	C	0.15%
WTS	B	0.15%
ACA	A	0.15%
PRGS	A	0.14%
HCC	B	0.14%
EXPO	D	0.14%
SLVM	B	0.14%
GTES	A	0.14%
ENVA	B	0.14%
AVA	A	0.14%
DEI	B	0.14%
WDFC	B	0.14%
TPH	D	0.14%
AGR	B	0.14%
PLMR	B	0.14%
APAM	B	0.14%
CXW	B	0.14%
GNW	A	0.14%
POWL	C	0.14%
ATGE	B	0.14%
DXC	B	0.14%
CPRX	C	0.14%
VCTR	B	0.14%
USLM	A	0.14%
VCEL	B	0.14%
IDT	B	0.14%
ESGR	B	0.14%
SNEX	B	0.14%
VVV	F	0.14%
DY	D	0.14%
MHO	D	0.14%
KRYS	B	0.14%
GPOR	B	0.14%
NSA	D	0.13%
MCY	A	0.13%
VSTO	A	0.13%
WKC	D	0.13%
NEU	C	0.13%
NMIH	D	0.13%
BNL	D	0.13%
CASH	A	0.13%
FUL	F	0.13%
WEN	D	0.13%
WLK	D	0.13%
CBZ	B	0.13%
ZETA	D	0.13%
OTTR	C	0.13%
PBF	D	0.13%
PSN	D	0.13%
HIW	D	0.13%
YELP	C	0.13%
UE	C	0.13%
FELE	B	0.13%
ARCH	B	0.13%
BFH	B	0.13%
SUPN	C	0.13%
LMAT	A	0.13%
HOG	D	0.13%
AN	C	0.13%
MMS	F	0.13%
NHI	D	0.13%
TPB	B	0.13%
ADTN	A	0.12%
AEO	F	0.12%
CXT	B	0.12%
OGN	D	0.12%
BRC	D	0.12%
SBH	C	0.12%
LBRT	D	0.12%
PLTK	B	0.12%
HUBG	A	0.12%
ASH	D	0.12%
CHCO	B	0.12%
ADUS	D	0.12%
LGND	B	0.12%
MSM	C	0.12%
HMN	B	0.12%
EPAC	B	0.12%
PPC	C	0.12%
QCRH	A	0.12%
PAG	B	0.12%
COLM	B	0.12%
USM	B	0.12%
ASO	F	0.12%
WSBC	A	0.12%
AMED	F	0.12%
OSIS	B	0.12%
PINC	B	0.12%
RUSHA	C	0.12%
NSIT	F	0.12%
SXT	B	0.12%
LANC	C	0.12%
UTL	B	0.11%
HCI	C	0.11%
MDU	D	0.11%
APOG	B	0.11%
MCRI	A	0.11%
AMKR	D	0.11%
SPNT	A	0.11%
LZB	B	0.11%
CPF	A	0.11%
SPOK	C	0.11%
AMR	C	0.11%
DDS	B	0.11%
SHO	C	0.11%
HNI	B	0.11%
WABC	B	0.11%
CTBI	B	0.11%
GOLF	B	0.11%
PFBC	B	0.11%
UNF	B	0.11%
BHE	B	0.11%
LTC	B	0.11%
UFPT	B	0.11%
CTS	C	0.11%
STRA	C	0.11%
EIG	B	0.11%
AZZ	B	0.11%
EQC	B	0.11%
PAHC	C	0.11%
AMRX	C	0.11%
FORM	D	0.11%
AMPH	D	0.11%
BKE	B	0.11%
HWKN	B	0.11%
IOSP	B	0.11%
MGRC	B	0.11%
ALRM	C	0.11%
LEVI	F	0.1%
SCSC	B	0.1%
TPC	C	0.1%
ICFI	F	0.1%
THFF	B	0.1%
UTI	A	0.1%
INFA	D	0.1%
ACT	D	0.1%
PDM	D	0.1%
URBN	C	0.1%
SIRI	C	0.1%
SRCE	B	0.1%
UVE	B	0.1%
WINA	B	0.1%
HSTM	B	0.1%
MSBI	B	0.1%
REX	D	0.1%
IBCP	B	0.1%
INVA	D	0.1%
INSW	F	0.1%
CRAI	B	0.1%
GIII	D	0.1%
TWST	D	0.1%
CSV	B	0.1%
HCKT	B	0.1%
AAT	B	0.1%
USPH	B	0.1%
UVSP	B	0.1%
XHR	B	0.1%
SXC	A	0.1%
NHC	C	0.1%
PEBO	A	0.1%
SCHL	D	0.09%
FIZZ	C	0.09%
ANDE	D	0.09%
HSII	B	0.09%
KLG	C	0.09%
CFB	B	0.09%
AMCX	C	0.09%
DEA	D	0.09%
WSR	A	0.09%
CASS	B	0.09%
FF	D	0.09%
ASTH	D	0.09%
UPBD	B	0.09%
ROCK	C	0.09%
CWCO	C	0.09%
GNE	D	0.09%
REYN	D	0.09%
CUBI	C	0.09%
BBSI	B	0.09%
OLP	B	0.09%
STAA	F	0.08%
SCVL	F	0.08%
ALX	D	0.08%
VNDA	C	0.08%
LPG	F	0.08%
HE	C	0.08%
MLR	B	0.08%
SCS	C	0.08%
IMKTA	C	0.08%
HCSG	C	0.08%
TNC	D	0.08%
ZYXI	D	0.08%
VSH	D	0.08%
PGRE	F	0.08%
COLL	F	0.08%
CECO	A	0.08%
ETD	C	0.08%
SSTK	F	0.08%
UTMD	F	0.08%
EGY	D	0.08%
SMP	B	0.08%
KURA	F	0.08%
CNXN	C	0.08%
ANIP	F	0.08%
ASC	F	0.07%
KRT	A	0.07%
BRY	F	0.07%
CNXC	F	0.07%
EBF	F	0.07%
NSSC	D	0.07%
JBSS	D	0.07%
RMR	F	0.07%
KFRC	D	0.07%
NPK	B	0.07%
TRNS	D	0.07%
VECO	F	0.07%
OSUR	F	0.07%
METC	C	0.07%
NVEC	C	0.07%
IMMR	C	0.06%
GIC	D	0.06%
PANL	F	0.06%
SIGA	F	0.06%
SLP	D	0.06%
AMN	F	0.05%
KELYA	F	0.05%
MRVI	F	0.05%
CLW	F	0.04%
JBI	F	0.04%

FSMD Underweight 146 Positions Relative to TMSL

Symbol	Grade	Weight
SWK	D	-1.44%
CPAY	A	-1.23%
MKSI	C	-1.19%
TXT	D	-1.17%
DT	C	-0.87%
SSNC	B	-0.75%
GDDY	A	-0.75%
DOCU	A	-0.71%
LDOS	C	-0.65%
GEN	B	-0.64%
RS	B	-0.61%
INSM	C	-0.59%
BDC	B	-0.59%
NI	A	-0.59%
VNO	B	-0.58%
ZBRA	B	-0.57%
SAIA	B	-0.56%
HBAN	A	-0.56%
SITE	D	-0.55%
OPCH	D	-0.54%
STLD	B	-0.54%
CF	B	-0.53%
BURL	A	-0.53%
ENTG	D	-0.52%
XPRO	F	-0.52%
MNDY	C	-0.51%
WYNN	D	-0.51%
CVNA	B	-0.5%
VTRS	A	-0.5%
IOT	A	-0.49%
APG	B	-0.48%
WSC	D	-0.48%
ST	F	-0.46%
BLX	C	-0.46%
EXAS	D	-0.45%
TYL	B	-0.45%
MIDD	C	-0.44%
TOST	B	-0.43%
HUBB	B	-0.43%
RRC	B	-0.43%
JBL	B	-0.42%
FMC	D	-0.41%
NVR	D	-0.41%
HOLX	D	-0.4%
EG	C	-0.4%
VFC	C	-0.39%
AEE	A	-0.39%
FND	C	-0.39%
DKNG	B	-0.39%
RYN	D	-0.39%
BBWI	D	-0.38%
SUI	D	-0.38%
DPZ	C	-0.38%
NCLH	B	-0.37%
PR	B	-0.36%
PTC	A	-0.36%
FITB	A	-0.35%
NWS	B	-0.35%
RNA	D	-0.34%
UPWK	B	-0.33%
STGW	B	-0.33%
ULTA	F	-0.33%
DRH	B	-0.32%
KMPR	B	-0.32%
DOLE	D	-0.32%
USFD	A	-0.32%
MAIN	A	-0.31%
RVTY	F	-0.31%
MOH	F	-0.3%
LPX	B	-0.3%
POR	C	-0.3%
HWM	A	-0.29%
EVRI	A	-0.29%
TECH	D	-0.28%
ARMK	B	-0.28%
LPLA	A	-0.27%
PAYO	A	-0.27%
CPA	D	-0.26%
STEP	B	-0.26%
ELF	C	-0.26%
PFGC	B	-0.25%
HST	C	-0.25%
KYMR	D	-0.25%
BLDR	D	-0.25%
VRTS	B	-0.25%
AZEK	A	-0.24%
PCTY	B	-0.24%
GLOB	B	-0.24%
RVMD	C	-0.24%
BLBD	D	-0.24%
BOX	B	-0.24%
CBOE	B	-0.23%
OIS	C	-0.23%
RDDT	B	-0.23%
CTLT	B	-0.23%
TDW	F	-0.22%
CELH	F	-0.22%
CRL	C	-0.22%
ESS	B	-0.22%
EPR	D	-0.21%
ONON	A	-0.21%
LSCC	D	-0.21%
VRNT	C	-0.21%
BRZE	C	-0.21%
WFG	D	-0.21%
LPRO	C	-0.21%
PK	B	-0.2%
SWN	D	-0.2%
KEX	C	-0.2%
EVRG	A	-0.2%
CWEN	C	-0.2%
HAFC	A	-0.19%
BGNE	D	-0.18%
AHH	D	-0.18%
LUV	C	-0.18%
LEGN	F	-0.18%
RARE	D	-0.18%
WDC	D	-0.17%
AVNT	B	-0.16%
BFS	C	-0.16%
AVY	D	-0.16%
REPL	B	-0.16%
VERA	B	-0.16%
GMRE	F	-0.15%
HIG	B	-0.15%
XRAY	F	-0.15%
CNP	B	-0.15%
WTTR	B	-0.15%
NRIX	D	-0.14%
TDC	D	-0.14%
XNCR	B	-0.12%
ASND	D	-0.12%
NTLA	F	-0.11%
MDGL	B	-0.11%
ACAD	D	-0.11%
CLDX	F	-0.11%
IONS	F	-0.11%
AKRO	B	-0.11%
IDYA	F	-0.1%
ANET	C	-0.1%
RCKT	F	-0.08%
BXC	B	-0.08%
PRTA	F	-0.07%
SRRK	B	-0.06%
PLRX	F	-0.06%
SWTX	C	-0.04%