FVAL vs. RPV ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to Guggenheim S&P 500 Pure Value ETF (RPV)

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

$63.26

Average Daily Volume

81,569

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

RPV

Guggenheim S&P 500 Pure Value ETF

RPV Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P 500 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$96.05

Average Daily Volume

141,979

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FVAL	RPV
30 Days	3.33%	7.38%
60 Days	5.59%	8.92%
90 Days	6.82%	9.33%
12 Months	28.35%	31.40%

32 Overlapping Holdings

Symbol	Grade	Weight in FVAL	Weight in RPV	Overlap
ADM	D	0.35%	0.84%	0.35%
ARE	D	0.16%	0.42%	0.16%
BAC	A	1.13%	1.1%	1.1%
BG	F	0.32%	1.5%	0.32%
BRK.A	B	2.07%	3.71%	2.07%
C	A	0.74%	2.17%	0.74%
CI	F	0.81%	1.26%	0.81%
CNC	D	0.54%	1.3%	0.54%
COF	B	0.72%	1.5%	0.72%
CVS	D	0.71%	1.45%	0.71%
CVX	A	0.67%	0.46%	0.46%
DOW	F	0.16%	0.45%	0.16%
EG	C	0.5%	0.49%	0.49%
ELV	F	0.67%	0.41%	0.41%
F	C	0.51%	2.25%	0.51%
FDX	B	0.48%	0.52%	0.48%
GM	B	0.67%	4.89%	0.67%
HPE	B	0.81%	1.42%	0.81%
KR	B	0.43%	1.89%	0.43%
LYB	F	0.15%	0.41%	0.15%
MOS	F	0.13%	0.77%	0.13%
NRG	B	0.26%	1.39%	0.26%
PARA	C	0.28%	1.84%	0.28%
PRU	A	0.56%	1.04%	0.56%
SYF	B	0.67%	1.48%	0.67%
T	A	0.62%	0.88%	0.62%
TGT	F	0.48%	0.53%	0.48%
TRV	B	0.68%	0.55%	0.55%
UAL	A	0.84%	4.0%	0.84%
VLO	C	0.22%	1.75%	0.22%
VZ	C	0.61%	0.55%	0.55%
WFC	A	1.08%	1.15%	1.08%

FVAL Overweight 92 Positions Relative to RPV

Symbol	Grade	Weight
NVDA	C	7.33%
AAPL	C	6.68%
MSFT	F	6.37%
AMZN	C	3.88%
GOOGL	C	3.72%
META	D	2.55%
JPM	A	1.84%
UNH	C	1.69%
CRM	B	1.46%
V	A	1.44%
JNJ	D	1.31%
HD	A	1.22%
ACN	C	1.15%
XOM	B	1.14%
ABBV	D	1.11%
IBM	C	1.09%
PG	A	1.08%
WMT	A	1.07%
MRK	F	1.01%
QCOM	F	1.0%
BMY	B	0.98%
ZM	B	0.98%
GILD	C	0.97%
BKNG	A	0.87%
MU	D	0.85%
MCD	D	0.84%
AXP	A	0.83%
INTC	D	0.77%
CAT	B	0.77%
CTSH	B	0.76%
DFS	B	0.68%
HON	B	0.68%
EXPE	B	0.66%
DAL	C	0.64%
ADP	B	0.64%
CMCSA	B	0.61%
RPRX	D	0.61%
UNP	C	0.61%
DE	A	0.59%
SWKS	F	0.56%
JXN	C	0.56%
LMT	D	0.56%
LVS	C	0.55%
UPS	C	0.55%
MO	A	0.55%
RNR	C	0.54%
LIN	D	0.53%
PCAR	B	0.53%
KVUE	A	0.52%
CMI	A	0.52%
OZK	B	0.51%
EBAY	D	0.51%
WYNN	D	0.5%
MMM	D	0.5%
G	B	0.49%
NEE	D	0.46%
RHI	B	0.44%
OC	A	0.42%
KMB	D	0.41%
COP	C	0.4%
M	D	0.39%
AGCO	D	0.38%
ACI	C	0.34%
DUK	C	0.34%
PLD	D	0.32%
EOG	A	0.31%
PCG	A	0.29%
SPG	B	0.27%
EXC	C	0.26%
ATKR	C	0.26%
AEP	D	0.26%
PSA	D	0.25%
FCX	D	0.24%
MPC	D	0.24%
O	D	0.23%
CBRE	B	0.23%
NFG	A	0.2%
VICI	C	0.2%
NUE	C	0.19%
NEM	D	0.19%
BXP	D	0.18%
DVN	F	0.18%
CF	B	0.18%
STLD	B	0.18%
UGI	A	0.18%
HST	C	0.17%
JLL	D	0.17%
WPC	D	0.16%
GLPI	C	0.16%
CIVI	D	0.13%
MUR	D	0.13%
CLF	F	0.11%

FVAL Underweight 61 Positions Relative to RPV

Symbol	Grade	Weight
MHK	D	-2.32%
VTRS	A	-2.29%
TSN	B	-2.22%
CFG	B	-2.12%
IVZ	B	-1.82%
KMX	B	-1.51%
MCK	B	-1.5%
IP	B	-1.47%
SW	A	-1.46%
WBD	C	-1.45%
PSX	C	-1.39%
TFC	A	-1.36%
COR	B	-1.35%
MTB	A	-1.31%
CAH	B	-1.24%
BWA	D	-1.21%
BBY	D	-1.18%
UHS	D	-1.12%
LUV	C	-1.07%
BK	A	-1.05%
L	A	-1.02%
HBAN	A	-0.99%
RF	A	-0.95%
KEY	B	-0.93%
AIG	B	-0.92%
STT	A	-0.89%
GS	A	-0.86%
TAP	C	-0.82%
WBA	F	-0.8%
KHC	F	-0.79%
HIG	B	-0.74%
FITB	A	-0.69%
MET	A	-0.69%
PNC	B	-0.69%
AIZ	A	-0.66%
IFF	D	-0.64%
KMI	A	-0.63%
CINF	A	-0.61%
FOXA	B	-0.61%
EQT	B	-0.6%
BEN	C	-0.6%
EVRG	A	-0.58%
ALL	A	-0.57%
USB	A	-0.56%
CHRW	C	-0.55%
PNW	B	-0.55%
SWK	D	-0.52%
CTVA	C	-0.51%
EMN	D	-0.51%
HPQ	B	-0.5%
PFG	D	-0.49%
SYY	B	-0.48%
CAG	D	-0.48%
ES	D	-0.47%
HSIC	B	-0.43%
NWSA	B	-0.42%
ALB	C	-0.38%
LKQ	D	-0.37%
FOX	A	-0.31%
HUM	C	-0.26%
NWS	B	-0.14%