FVAL vs. RFDI ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to First Trust RiverFront Dynamic Developed International ETF (RFDI)

FVAL

Fidelity Value Factor ETF

FVAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Value Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Value Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that have attractive valuations.

Grade (RS Rating)

Last Trade

$61.24

Average Daily Volume

71,848

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

RFDI

First Trust RiverFront Dynamic Developed International ETF

RFDI Description

The First Trust RiverFront Dynamic Developed International ETF is an actively managed exchange-traded fund. The Fund's investment objective is to provide capital appreciation. Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in a portfolio of equity securities of developed market companies, including through investments in common stock, depositary receipts and real estate investment trusts, and forward foreign currency exchange contracts.

Grade (RS Rating)

Last Trade

$65.21

Average Daily Volume

4,227

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FVAL	RFDI
30 Days	0.77%	-2.16%
60 Days	7.50%	0.49%
90 Days	10.87%	5.34%
12 Months	28.93%	21.44%

1 Overlapping Holdings

	Symbol	Grade	Weight in FVAL	Weight in RFDI	Overlap
	ABBV	B	1.38%	1.37%	1.37%

FVAL Overweight 123 Positions Relative to RFDI

Symbol	Grade	Weight
NVDA	B	7.29%
AAPL	C	6.93%
MSFT	D	6.73%
GOOGL	B	3.81%
AMZN	A	3.74%
META	B	2.76%
BRK.A	D	2.03%
JPM	B	1.71%
UNH	D	1.63%
JNJ	D	1.39%
V	A	1.36%
CRM	B	1.35%
HD	B	1.19%
ACN	C	1.14%
XOM	B	1.13%
MRK	F	1.11%
IBM	D	1.1%
PG	D	1.08%
QCOM	F	1.06%
WMT	A	1.05%
BAC	B	1.04%
GILD	A	0.98%
WFC	B	0.97%
MU	C	0.93%
BMY	A	0.93%
ZM	A	0.92%
MCD	D	0.85%
AXP	B	0.81%
CI	D	0.8%
HPE	B	0.79%
BKNG	A	0.79%
CAT	B	0.77%
CVS	F	0.76%
CTSH	D	0.75%
UAL	A	0.75%
C	B	0.71%
INTC	C	0.71%
ELV	F	0.69%
RPRX	D	0.66%
TRV	B	0.66%
COF	A	0.66%
ADP	A	0.64%
CVX	B	0.63%
HON	B	0.62%
GM	A	0.62%
LVS	B	0.62%
SWKS	F	0.61%
VZ	D	0.61%
DE	C	0.61%
UNP	D	0.61%
T	B	0.61%
EXPE	A	0.6%
DFS	B	0.6%
CMCSA	B	0.6%
SYF	A	0.59%
DAL	A	0.59%
CNC	D	0.59%
JXN	B	0.58%
LMT	D	0.58%
RNR	B	0.57%
PRU	C	0.57%
UPS	C	0.56%
LIN	D	0.56%
WYNN	D	0.55%
EBAY	D	0.53%
MO	A	0.51%
EG	F	0.51%
KVUE	A	0.5%
MMM	D	0.5%
PCAR	B	0.5%
NEE	D	0.49%
F	F	0.49%
OZK	B	0.48%
CMI	A	0.48%
TGT	D	0.47%
FDX	D	0.45%
G	C	0.43%
KR	A	0.42%
AGCO	D	0.42%
KMB	D	0.42%
RHI	B	0.42%
M	C	0.4%
OC	B	0.39%
ADM	F	0.37%
COP	D	0.37%
DUK	D	0.35%
PLD	F	0.33%
ACI	F	0.33%
BG	F	0.31%
PCG	B	0.28%
PARA	C	0.28%
EOG	F	0.28%
AEP	D	0.27%
PSA	D	0.26%
FCX	B	0.26%
SPG	A	0.26%
EXC	D	0.26%
O	D	0.25%
ATKR	C	0.25%
NRG	B	0.25%
CBRE	A	0.24%
NEM	D	0.23%
MPC	F	0.23%
VLO	F	0.21%
VICI	D	0.21%
NFG	B	0.2%
UGI	F	0.19%
DOW	F	0.19%
BXP	B	0.19%
DVN	F	0.18%
JLL	A	0.18%
NUE	F	0.18%
CF	B	0.17%
GLPI	C	0.17%
ARE	D	0.17%
HST	C	0.17%
STLD	B	0.17%
LYB	F	0.16%
WPC	F	0.16%
MOS	C	0.14%
CLF	D	0.13%
MUR	F	0.13%
CIVI	F	0.12%

FVAL Underweight 9 Positions Relative to RFDI

Symbol	Grade	Weight
HSBH	A	-2.08%
NVS	D	-2.01%
UL	D	-1.44%
BCS	B	-1.18%
STLA	F	-0.99%
MFG	B	-0.9%
BP	F	-0.84%
HMC	F	-0.79%
E	D	-0.69%