FVAL vs. VALQ ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to American Century STOXX U.S. Quality Value ETF (VALQ)

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

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$63.92

Average Daily Volume

6,261

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

Performance

Period	FVAL	VALQ
30 Days	3.33%	3.97%
60 Days	5.59%	4.17%
90 Days	6.82%	6.47%
12 Months	28.35%	28.71%

47 Overlapping Holdings

Symbol	Grade	Weight in FVAL	Weight in VALQ	Overlap
AAPL	C	6.68%	2.66%	2.66%
ABBV	D	1.11%	1.67%	1.11%
AMZN	C	3.88%	2.15%	2.15%
BKNG	A	0.87%	0.11%	0.11%
BMY	B	0.98%	0.82%	0.82%
BRK.A	B	2.07%	0.09%	0.09%
CAT	B	0.77%	0.2%	0.2%
CI	F	0.81%	0.66%	0.66%
CMCSA	B	0.61%	2.3%	0.61%
CNC	D	0.54%	0.06%	0.06%
CTSH	B	0.76%	0.77%	0.76%
EBAY	D	0.51%	1.85%	0.51%
EG	C	0.5%	0.08%	0.08%
ELV	F	0.67%	0.06%	0.06%
EXPE	B	0.66%	0.13%	0.13%
FDX	B	0.48%	0.09%	0.09%
G	B	0.49%	0.39%	0.39%
GILD	C	0.97%	0.11%	0.11%
GM	B	0.67%	0.09%	0.09%
GOOGL	C	3.72%	0.63%	0.63%
HD	A	1.22%	1.95%	1.22%
HPE	B	0.81%	0.09%	0.09%
IBM	C	1.09%	2.11%	1.09%
JLL	D	0.17%	1.43%	0.17%
JNJ	D	1.31%	0.08%	0.08%
KMB	D	0.41%	2.0%	0.41%
KR	B	0.43%	0.22%	0.22%
LMT	D	0.56%	0.09%	0.09%
LYB	F	0.15%	1.15%	0.15%
META	D	2.55%	0.1%	0.1%
MMM	D	0.5%	0.1%	0.1%
MO	A	0.55%	0.57%	0.55%
MPC	D	0.24%	0.22%	0.22%
MSFT	F	6.37%	0.26%	0.26%
OC	A	0.42%	1.16%	0.42%
PARA	C	0.28%	0.08%	0.08%
PG	A	1.08%	1.11%	1.08%
QCOM	F	1.0%	0.49%	0.49%
RHI	B	0.44%	0.1%	0.1%
SPG	B	0.27%	1.81%	0.27%
STLD	B	0.18%	0.1%	0.1%
SWKS	F	0.56%	0.09%	0.09%
SYF	B	0.67%	0.12%	0.12%
TGT	F	0.48%	1.18%	0.48%
VLO	C	0.22%	0.08%	0.08%
WMT	A	1.07%	2.28%	1.07%
ZM	B	0.98%	0.36%	0.36%

FVAL Overweight 77 Positions Relative to VALQ

Symbol	Grade	Weight
NVDA	C	7.33%
JPM	A	1.84%
UNH	C	1.69%
CRM	B	1.46%
V	A	1.44%
ACN	C	1.15%
XOM	B	1.14%
BAC	A	1.13%
WFC	A	1.08%
MRK	F	1.01%
MU	D	0.85%
UAL	A	0.84%
MCD	D	0.84%
AXP	A	0.83%
INTC	D	0.77%
C	A	0.74%
COF	B	0.72%
CVS	D	0.71%
TRV	B	0.68%
DFS	B	0.68%
HON	B	0.68%
CVX	A	0.67%
DAL	C	0.64%
ADP	B	0.64%
T	A	0.62%
VZ	C	0.61%
RPRX	D	0.61%
UNP	C	0.61%
DE	A	0.59%
JXN	C	0.56%
PRU	A	0.56%
LVS	C	0.55%
UPS	C	0.55%
RNR	C	0.54%
LIN	D	0.53%
PCAR	B	0.53%
KVUE	A	0.52%
CMI	A	0.52%
F	C	0.51%
OZK	B	0.51%
WYNN	D	0.5%
NEE	D	0.46%
COP	C	0.4%
M	D	0.39%
AGCO	D	0.38%
ADM	D	0.35%
ACI	C	0.34%
DUK	C	0.34%
PLD	D	0.32%
BG	F	0.32%
EOG	A	0.31%
PCG	A	0.29%
EXC	C	0.26%
ATKR	C	0.26%
NRG	B	0.26%
AEP	D	0.26%
PSA	D	0.25%
FCX	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%
UGI	A	0.18%
HST	C	0.17%
WPC	D	0.16%
ARE	D	0.16%
GLPI	C	0.16%
DOW	F	0.16%
CIVI	D	0.13%
MOS	F	0.13%
MUR	D	0.13%
CLF	F	0.11%

FVAL Underweight 194 Positions Relative to VALQ

Symbol	Grade	Weight
MSI	B	-2.25%
NFLX	A	-2.12%
ETN	A	-1.88%
INGR	B	-1.87%
CTAS	B	-1.87%
CL	D	-1.77%
APH	A	-1.74%
HPQ	B	-1.74%
KO	D	-1.69%
VLTO	D	-1.6%
CLX	B	-1.58%
TXN	C	-1.44%
MAS	D	-1.19%
UBER	D	-1.17%
BBY	D	-1.07%
TOL	B	-1.07%
SFM	A	-1.04%
OTIS	C	-1.04%
GPC	D	-0.92%
ITW	B	-0.91%
TPR	B	-0.88%
LECO	B	-0.85%
CAH	B	-0.84%
MTD	D	-0.83%
PYPL	B	-0.8%
SEIC	B	-0.76%
CSCO	B	-0.72%
NVT	B	-0.69%
DOX	D	-0.67%
IVZ	B	-0.63%
DCI	B	-0.6%
ALLE	D	-0.55%
FFIV	B	-0.52%
HRB	D	-0.52%
NYT	C	-0.51%
AYI	B	-0.49%
REYN	D	-0.46%
ECL	D	-0.44%
NTAP	C	-0.43%
HUBB	B	-0.42%
MTG	C	-0.42%
CBT	C	-0.41%
WSM	B	-0.4%
DBX	B	-0.38%
FLS	B	-0.37%
AZEK	A	-0.34%
DOCU	A	-0.33%
ARW	D	-0.32%
SHW	A	-0.32%
GWW	B	-0.32%
SM	B	-0.31%
APP	B	-0.31%
AMCR	D	-0.31%
JBL	B	-0.29%
NOVT	D	-0.28%
QLYS	C	-0.27%
PH	A	-0.26%
TT	A	-0.26%
FICO	B	-0.25%
NEU	C	-0.23%
FLO	D	-0.23%
ADSK	A	-0.21%
BRBR	A	-0.21%
JEF	A	-0.2%
COLM	B	-0.2%
DVA	B	-0.2%
UHS	D	-0.19%
ORI	A	-0.19%
CRUS	D	-0.18%
NSIT	F	-0.18%
CR	A	-0.18%
LEN	D	-0.17%
LAMR	D	-0.17%
TJX	A	-0.17%
DPZ	C	-0.16%
SYY	B	-0.15%
PPG	F	-0.15%
DDS	B	-0.15%
ROST	C	-0.15%
LFUS	F	-0.14%
EXEL	B	-0.14%
ANF	C	-0.14%
TWLO	A	-0.14%
ALSN	B	-0.14%
EME	C	-0.14%
GAP	C	-0.14%
WING	D	-0.13%
AMKR	D	-0.13%
UTHR	C	-0.13%
IDXX	F	-0.13%
PEGA	A	-0.12%
DKS	C	-0.12%
TRMB	B	-0.11%
FTNT	C	-0.11%
SNA	A	-0.11%
AIT	A	-0.11%
GL	B	-0.11%
MLI	C	-0.11%
AXS	A	-0.11%
UNM	A	-0.11%
TAP	C	-0.1%
AIZ	A	-0.1%
USFD	A	-0.1%
TXRH	C	-0.1%
STT	A	-0.1%
DLB	B	-0.1%
GDDY	A	-0.1%
RL	B	-0.1%
VMI	B	-0.1%
EPAM	C	-0.1%
BK	A	-0.1%
PKG	A	-0.1%
BYD	C	-0.1%
NTRS	A	-0.1%
EVR	B	-0.1%
K	A	-0.09%
OMC	C	-0.09%
CCK	C	-0.09%
TMHC	B	-0.09%
VRSN	F	-0.09%
CSL	C	-0.09%
BERY	B	-0.09%
FIZZ	C	-0.09%
JAZZ	B	-0.09%
MANH	D	-0.09%
JKHY	D	-0.09%
COR	B	-0.09%
LDOS	C	-0.09%
INFA	D	-0.09%
RMD	C	-0.09%
TROW	B	-0.09%
L	A	-0.09%
PGR	A	-0.09%
BMI	B	-0.09%
RGA	A	-0.09%
EHC	B	-0.09%
FIS	C	-0.09%
KEYS	A	-0.09%
DGX	A	-0.09%
WTS	B	-0.09%
AXTA	A	-0.09%
ALL	A	-0.09%
ALKS	B	-0.09%
CMC	B	-0.09%
CHTR	C	-0.09%
INCY	C	-0.09%
HIG	B	-0.09%
THC	D	-0.09%
MCK	B	-0.09%
OMF	A	-0.09%
AMG	B	-0.09%
FOXA	B	-0.09%
EA	A	-0.09%
AKAM	D	-0.08%
CAG	D	-0.08%
TXT	D	-0.08%
GIS	D	-0.08%
AN	C	-0.08%
PVH	C	-0.08%
KBH	D	-0.08%
COKE	C	-0.08%
MAT	D	-0.08%
PHM	D	-0.08%
EXPD	D	-0.08%
CACI	D	-0.08%
SAIC	F	-0.08%
NXST	C	-0.08%
NVR	D	-0.08%
ADBE	C	-0.08%
MSM	C	-0.08%
AVGO	D	-0.08%
EEFT	B	-0.08%
SSNC	B	-0.08%
BWA	D	-0.08%
TSN	B	-0.08%
POST	C	-0.08%
ADTN	A	-0.08%
IQV	D	-0.07%
ALLY	C	-0.07%
MEDP	D	-0.07%
LRCX	F	-0.07%
AMAT	F	-0.07%
IGT	F	-0.07%
SWK	D	-0.07%
CPB	D	-0.07%
SKX	D	-0.07%
MHK	D	-0.07%
AOS	F	-0.07%
TKR	D	-0.07%
MMS	F	-0.07%
CROX	D	-0.06%
KLAC	D	-0.06%
TER	D	-0.06%
QRVO	F	-0.05%