IWX vs. FDLO ETF Comparison

Comparison of iShares Russell Top 200 Value ETF (IWX) to Fidelity Low Volatility Factor ETF (FDLO)

IWX

iShares Russell Top 200 Value ETF

IWX Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Top 200 Value Index (the "underlying index"), which is a style factor weighted index that measures the performance of the largest capitalization value sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$80.98

Average Daily Volume

160,995

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$61.00

Average Daily Volume

89,039

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	IWX	FDLO
30 Days	2.15%	2.32%
60 Days	4.72%	5.17%
90 Days	8.69%	7.29%
12 Months	25.58%	26.67%

64 Overlapping Holdings

Symbol	Grade	Weight in IWX	Weight in FDLO	Overlap
ABBV	B	1.2%	1.16%	1.16%
ABT	C	1.22%	0.89%	0.89%
ACN	C	1.31%	1.53%	1.31%
ADP	C	0.05%	0.61%	0.05%
AEP	C	0.33%	0.3%	0.3%
AMGN	D	0.25%	0.85%	0.25%
APD	B	0.4%	0.25%	0.25%
AZO	B	0.03%	0.46%	0.03%
BDX	D	0.42%	0.62%	0.42%
BRK.A	C	5.16%	2.07%	2.07%
CB	B	0.73%	0.73%	0.73%
CL	C	0.23%	0.39%	0.23%
CMCSA	C	0.95%	0.89%	0.89%
CME	B	0.47%	0.66%	0.47%
COP	F	0.8%	0.4%	0.4%
CSCO	B	1.3%	1.6%	1.3%
CVX	F	1.55%	0.63%	0.63%
DUK	B	0.56%	0.37%	0.37%
ECL	B	0.05%	0.25%	0.05%
EOG	D	0.45%	0.3%	0.3%
EQIX	B	0.49%	0.3%	0.3%
ETN	C	0.82%	0.67%	0.67%
GD	C	0.52%	0.52%	0.52%
HD	B	0.48%	1.14%	0.48%
HON	C	0.69%	0.62%	0.62%
IBM	B	1.24%	1.64%	1.24%
ITW	B	0.29%	0.52%	0.29%
JNJ	C	2.45%	1.26%	1.26%
JPM	D	3.74%	1.63%	1.63%
KMB	C	0.17%	0.32%	0.17%
KO	B	0.73%	0.76%	0.73%
LIN	B	1.4%	0.56%	0.56%
LMT	A	0.51%	0.62%	0.51%
LOW	B	0.92%	0.68%	0.68%
MCD	B	1.24%	0.82%	0.82%
MDLZ	C	0.62%	0.43%	0.43%
MMC	C	0.59%	0.68%	0.59%
MSI	B	0.24%	1.36%	0.24%
NKE	D	0.25%	0.64%	0.25%
NOC	B	0.45%	0.54%	0.45%
ORLY	B	0.03%	0.49%	0.03%
PEP	D	0.31%	0.67%	0.31%
PG	C	1.98%	1.02%	1.02%
PGR	C	0.15%	0.86%	0.15%
PM	C	1.16%	0.59%	0.59%
PSA	C	0.3%	0.27%	0.27%
REGN	D	0.68%	0.75%	0.68%
ROP	C	0.37%	1.24%	0.37%
RSG	D	0.26%	0.46%	0.26%
SBUX	C	0.15%	0.68%	0.15%
SHW	B	0.05%	0.3%	0.05%
SO	B	0.61%	0.38%	0.38%
T	B	0.96%	0.95%	0.95%
TJX	C	0.34%	0.64%	0.34%
TMO	B	1.45%	0.94%	0.94%
TMUS	B	0.6%	0.83%	0.6%
TRV	C	0.34%	0.64%	0.34%
TXN	B	1.01%	1.51%	1.01%
UNH	C	3.05%	1.51%	1.51%
UNP	D	0.48%	0.66%	0.48%
VRTX	D	0.37%	0.69%	0.37%
VZ	A	1.16%	1.0%	1.0%
WMT	B	2.12%	0.9%	0.9%
XOM	D	3.2%	1.14%	1.14%

IWX Overweight 94 Positions Relative to FDLO

Symbol	Grade	Weight
BAC	D	1.69%
WFC	D	1.22%
DHR	B	1.09%
DIS	D	1.07%
NEE	B	1.05%
PFE	D	1.03%
SPGI	C	1.01%
GE	C	0.99%
RTX	B	0.97%
CAT	B	0.96%
BLK	B	0.85%
BSX	B	0.76%
C	C	0.74%
PLD	C	0.72%
MDT	B	0.71%
GS	B	0.71%
ADI	C	0.7%
MS	B	0.69%
GILD	B	0.65%
ELV	D	0.65%
DE	A	0.63%
MU	D	0.62%
BMY	C	0.62%
INTC	D	0.58%
UPS	D	0.58%
AXP	B	0.58%
SYK	C	0.57%
CI	C	0.56%
ICE	C	0.56%
MO	C	0.54%
SCHW	D	0.54%
AMD	C	0.53%
PYPL	B	0.49%
PH	B	0.49%
WELL	C	0.47%
PNC	C	0.46%
BA	F	0.46%
CVS	D	0.45%
TGT	C	0.44%
USB	C	0.44%
FI	B	0.43%
CEG	C	0.42%
AON	B	0.42%
CSX	C	0.42%
GEV	B	0.41%
CARR	B	0.41%
KKR	B	0.4%
NEM	C	0.39%
CRH	B	0.39%
FCX	C	0.39%
SLB	F	0.38%
TDG	B	0.38%
EMR	D	0.37%
MMM	B	0.37%
TT	B	0.36%
HCA	B	0.36%
FDX	D	0.36%
COF	B	0.36%
MPC	F	0.36%
MRVL	D	0.36%
NSC	C	0.35%
MAR	B	0.35%
TFC	D	0.35%
PSX	F	0.34%
GM	C	0.34%
SRE	B	0.33%
JCI	B	0.31%
PCAR	D	0.31%
AIG	D	0.3%
D	C	0.3%
MET	B	0.29%
VLO	F	0.27%
F	F	0.26%
STZ	C	0.25%
KDP	B	0.25%
CRM	C	0.24%
MCK	F	0.23%
OXY	F	0.21%
EW	F	0.2%
APH	C	0.2%
KHC	C	0.19%
DELL	C	0.17%
MRNA	F	0.13%
ZTS	B	0.1%
APO	B	0.1%
EL	D	0.08%
AMAT	D	0.08%
QCOM	D	0.07%
MNST	D	0.05%
BKNG	B	0.05%
FTNT	B	0.05%
DASH	B	0.04%
CPRT	D	0.02%
CTAS	C	0.02%

IWX Underweight 61 Positions Relative to FDLO

Symbol	Grade	Weight
AAPL	C	-7.4%
MSFT	C	-7.29%
GOOGL	D	-3.93%
AMZN	C	-3.72%
LLY	D	-1.95%
ORCL	B	-1.85%
V	C	-1.36%
MA	B	-1.27%
AKAM	D	-1.17%
TYL	C	-1.16%
DOX	C	-1.12%
VRSN	C	-1.09%
MRK	F	-1.08%
EA	D	-0.62%
ERIE	B	-0.59%
AJG	D	-0.57%
CBOE	C	-0.57%
FDS	C	-0.57%
AIZ	B	-0.55%
WRB	D	-0.53%
JKHY	B	-0.51%
WM	D	-0.51%
PAYX	C	-0.48%
LHX	C	-0.47%
FAST	C	-0.47%
TSCO	B	-0.46%
BAH	B	-0.45%
OTIS	B	-0.45%
J	A	-0.42%
GRMN	D	-0.42%
HII	F	-0.4%
FCN	C	-0.4%
AMT	C	-0.34%
GIS	B	-0.33%
XEL	B	-0.28%
ED	B	-0.27%
WMB	C	-0.27%
HSY	D	-0.27%
WEC	B	-0.26%
AEE	B	-0.25%
DLR	B	-0.24%
LNG	D	-0.24%
O	B	-0.24%
CMS	B	-0.24%
KMI	C	-0.24%
CCI	C	-0.23%
CTVA	B	-0.21%
CSGP	D	-0.19%
EQR	C	-0.19%
DTM	C	-0.18%
VMC	C	-0.18%
CTRA	F	-0.18%
MLM	D	-0.18%
MAA	C	-0.18%
AMH	D	-0.17%
PKG	B	-0.17%
AVY	C	-0.16%
AMCR	B	-0.16%
ELS	D	-0.16%
ATR	B	-0.15%
ADC	C	-0.15%