FVAL vs. XLG ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to Guggenheim Russell Top 50 Mega Cap ETF (XLG)

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

$60.77

Average Daily Volume

60,509

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

XLG

Guggenheim Russell Top 50 Mega Cap ETF

XLG Description

The investment seeks to replicate as closely as possible, before fees and expenses, the daily performance of the Russell Top 50Â® Mega Cap Index Total Return. The fund invests 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 an unmanaged equal-weighted version comprised of the 50 largest companies in the Russell 3000Â® Index, which is an unmanaged capitalization-weighted index that offers investors access to the broad U.S. equity universe representing approximately 98% of the U.S. equity market. It is non-diversified.

Grade (RS Rating)

Last Trade

$47.48

Average Daily Volume

1,723,868

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FVAL	XLG
30 Days	4.67%	5.24%
60 Days	10.40%	11.82%
90 Days	4.82%	0.59%
12 Months	30.90%	40.62%

29 Overlapping Holdings

Symbol	Grade	Weight in FVAL	Weight in XLG	Overlap
AAPL	C	6.97%	12.05%	6.97%
ABBV	C	1.35%	1.18%	1.18%
ACN	B	1.17%	0.78%	0.78%
AMZN	C	3.71%	6.22%	3.71%
BAC	B	0.98%	0.93%	0.93%
BRK.A	B	2.08%	2.9%	2.08%
CAT	A	0.8%	0.66%	0.66%
CMCSA	B	0.61%	0.55%	0.55%
CRM	B	1.28%	0.93%	0.93%
CVX	B	0.62%	0.84%	0.62%
GOOGL	B	3.64%	3.32%	3.32%
HD	A	1.23%	1.37%	1.23%
JNJ	D	1.42%	1.35%	1.35%
JPM	C	1.63%	2.08%	1.63%
LIN	C	0.58%	0.81%	0.58%
MCD	A	0.9%	0.76%	0.76%
META	A	2.69%	4.32%	2.69%
MRK	F	1.23%	1.0%	1.0%
MSFT	D	6.76%	11.17%	6.76%
NEE	C	0.53%	0.6%	0.53%
NVDA	B	6.45%	10.63%	6.45%
PG	D	1.14%	1.42%	1.14%
QCOM	D	1.09%	0.67%	0.67%
UNH	B	1.71%	1.85%	1.71%
V	B	1.31%	1.58%	1.31%
VZ	C	0.67%	0.65%	0.65%
WFC	B	0.84%	0.67%	0.67%
WMT	A	1.04%	1.21%	1.04%
XOM	A	1.14%	1.75%	1.14%

FVAL Overweight 95 Positions Relative to XLG

Symbol	Grade	Weight
IBM	A	1.21%
MU	D	0.97%
GILD	A	0.94%
BMY	A	0.91%
CI	D	0.9%
ELV	F	0.9%
ZM	B	0.87%
CVS	D	0.84%
AXP	A	0.81%
HPE	B	0.79%
CTSH	B	0.78%
BKNG	B	0.77%
INTC	D	0.77%
CNC	F	0.73%
C	B	0.69%
RPRX	D	0.69%
SWKS	F	0.68%
UNP	F	0.66%
HON	C	0.64%
DE	C	0.64%
TRV	B	0.63%
LMT	A	0.63%
T	B	0.62%
LVS	B	0.61%
COF	A	0.6%
ADP	A	0.6%
RNR	A	0.58%
UPS	D	0.57%
GM	D	0.56%
EXPE	B	0.56%
UAL	A	0.55%
MMM	C	0.55%
WYNN	B	0.55%
EBAY	A	0.55%
PRU	B	0.55%
DFS	A	0.55%
EG	A	0.54%
DAL	C	0.53%
KVUE	C	0.52%
MO	D	0.52%
JXN	A	0.52%
SYF	A	0.52%
F	D	0.51%
TGT	C	0.5%
PCAR	D	0.48%
CMI	A	0.48%
KMB	D	0.45%
FDX	F	0.45%
OZK	D	0.45%
G	A	0.44%
KR	C	0.43%
AGCO	D	0.41%
RHI	D	0.41%
M	D	0.4%
ADM	F	0.4%
COP	D	0.39%
OC	C	0.38%
BG	F	0.36%
DUK	C	0.36%
PLD	D	0.36%
ACI	F	0.34%
FCX	B	0.3%
AEP	C	0.29%
PARA	F	0.29%
EOG	B	0.29%
PSA	C	0.28%
PCG	C	0.28%
NRG	A	0.27%
EXC	C	0.27%
O	C	0.26%
MPC	D	0.26%
SPG	A	0.26%
NEM	C	0.26%
ATKR	F	0.25%
CBRE	C	0.23%
VICI	C	0.22%
VLO	F	0.22%
DOW	B	0.21%
NUE	D	0.2%
NFG	A	0.2%
BXP	B	0.19%
ARE	D	0.19%
UGI	C	0.19%
LYB	B	0.18%
JLL	C	0.18%
HST	D	0.18%
CF	A	0.18%
WPC	C	0.18%
DVN	F	0.18%
STLD	C	0.17%
GLPI	C	0.17%
MOS	F	0.14%
MUR	F	0.14%
CLF	D	0.13%
CIVI	F	0.13%

FVAL Underweight 22 Positions Relative to XLG

Symbol	Grade	Weight
AVGO	B	-2.89%
GOOG	B	-2.74%
LLY	D	-2.5%
TSLA	C	-2.46%
MA	A	-1.41%
COST	C	-1.39%
NFLX	A	-1.06%
KO	C	-0.96%
ORCL	A	-0.94%
AMD	C	-0.94%
TMO	D	-0.82%
PEP	F	-0.81%
ADBE	F	-0.8%
CSCO	A	-0.74%
GE	B	-0.7%
ABT	C	-0.68%
TXN	C	-0.67%
PM	D	-0.65%
DHR	D	-0.62%
DIS	D	-0.6%
AMAT	C	-0.6%
PFE	D	-0.57%