JUST vs. FQAL ETF Comparison

Comparison of Goldman Sachs JUST U.S. Large Cap Equity ETF (JUST) to Fidelity Quality Factor ETF (FQAL)

JUST

Goldman Sachs JUST U.S. Large Cap Equity ETF

JUST Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® U.S. Small Cap Equity Index. The fund invests at least 80% of its assets in securities included in its index. The index is designed to deliver exposure to equity securities of small-capitalization U.S. issuers. The index is constructed using the patented ActiveBeta® Portfolio Construction Methodology, which was developed to provide exposure to the "factors" that are commonly tied to a stock's outperformance relative to market returns. These factors include value, momentum, quality and low volatility.

Grade (RS Rating)

Last Trade

$84.67

Average Daily Volume

16,662

Number of Holdings ^*

456

* may have additional holdings in another (foreign) market

FQAL

Fidelity Quality Factor ETF

FQAL Description

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

Grade (RS Rating)

Last Trade

$67.19

Average Daily Volume

29,912

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	JUST	FQAL
30 Days	2.45%	2.60%
60 Days	4.36%	4.35%
90 Days	5.67%	5.86%
12 Months	31.80%	30.56%

73 Overlapping Holdings

Symbol	Grade	Weight in JUST	Weight in FQAL	Overlap
AAPL	C	7.27%	6.62%	6.62%
ABBV	D	0.68%	1.14%	0.68%
ABNB	C	0.15%	0.75%	0.15%
ACGL	D	0.1%	0.71%	0.1%
ACN	C	0.58%	1.05%	0.58%
ADBE	C	0.49%	0.97%	0.49%
ADP	B	0.32%	0.64%	0.32%
AMAT	F	0.32%	0.77%	0.32%
AME	A	0.11%	0.52%	0.11%
AMP	A	0.17%	0.92%	0.17%
AMT	D	0.32%	0.27%	0.27%
AVB	B	0.11%	0.19%	0.11%
AVGO	D	1.63%	2.0%	1.63%
BKNG	A	0.47%	1.21%	0.47%
BMY	B	0.26%	1.02%	0.26%
CAT	B	0.48%	0.77%	0.48%
CEG	D	0.22%	0.36%	0.22%
CF	B	0.04%	0.17%	0.04%
CL	D	0.2%	0.36%	0.2%
CME	A	0.24%	0.85%	0.24%
COP	C	0.31%	0.41%	0.31%
COST	B	1.13%	1.01%	1.01%
CPRT	A	0.13%	0.48%	0.13%
CSX	B	0.18%	0.49%	0.18%
CVX	A	0.67%	0.68%	0.67%
ECL	D	0.16%	0.24%	0.16%
EQR	B	0.1%	0.17%	0.1%
ESS	B	0.07%	0.16%	0.07%
FCX	D	0.16%	0.24%	0.16%
GILD	C	0.25%	1.0%	0.25%
GOOGL	C	2.16%	3.69%	2.16%
GRMN	B	0.09%	0.86%	0.09%
HD	A	1.08%	1.5%	1.08%
HSY	F	0.07%	0.25%	0.07%
IDXX	F	0.08%	0.67%	0.08%
KMB	D	0.12%	0.31%	0.12%
KO	D	0.63%	0.66%	0.63%
LIN	D	0.57%	0.52%	0.52%
LLY	F	1.35%	1.72%	1.35%
LMT	D	0.29%	0.56%	0.29%
LNG	B	0.12%	0.28%	0.12%
LOW	D	0.4%	1.02%	0.4%
LRCX	F	0.21%	0.67%	0.21%
MA	C	1.09%	1.48%	1.09%
MCO	B	0.22%	0.76%	0.22%
MDLZ	F	0.22%	0.38%	0.22%
MLM	B	0.09%	0.19%	0.09%
MMM	D	0.18%	0.5%	0.18%
MSCI	C	0.13%	0.75%	0.13%
MSFT	F	6.72%	6.3%	6.3%
NEE	D	0.44%	0.47%	0.44%
NRG	B	0.06%	0.27%	0.06%
NVDA	C	7.51%	7.24%	7.24%
OTIS	C	0.1%	0.45%	0.1%
PANW	C	0.26%	0.96%	0.26%
PG	A	1.04%	0.98%	0.98%
PGR	A	0.45%	1.0%	0.45%
PLD	D	0.36%	0.3%	0.3%
QCOM	F	0.38%	0.91%	0.38%
SBAC	D	0.08%	0.16%	0.08%
SHW	A	0.23%	0.3%	0.23%
SPGI	C	0.46%	0.92%	0.46%
T	A	0.37%	0.57%	0.37%
UNP	C	0.37%	0.61%	0.37%
V	A	1.25%	1.61%	1.25%
VRSK	A	0.11%	0.46%	0.11%
VRTX	F	0.26%	0.86%	0.26%
VST	B	0.16%	0.43%	0.16%
VZ	C	0.4%	0.56%	0.4%
WMB	A	0.17%	0.34%	0.17%
WSM	B	0.06%	0.63%	0.06%
XOM	B	1.31%	1.16%	1.16%
ZTS	D	0.18%	0.81%	0.18%

JUST Overweight 383 Positions Relative to FQAL

Symbol	Grade	Weight
AMZN	C	4.59%
JPM	A	2.04%
GOOG	C	1.82%
UNH	C	1.23%
WMT	A	1.02%
BAC	A	0.92%
CRM	B	0.69%
MRK	F	0.57%
DIS	B	0.56%
PEP	F	0.56%
GS	A	0.55%
CSCO	B	0.52%
GE	D	0.5%
AMD	F	0.48%
NOW	A	0.47%
MS	A	0.46%
IBM	C	0.45%
ABT	B	0.45%
ISRG	A	0.44%
BLK	C	0.44%
TMO	F	0.44%
AXP	A	0.42%
RTX	C	0.41%
INTU	C	0.4%
TXN	C	0.39%
HON	B	0.38%
ETN	A	0.38%
C	A	0.38%
UBER	D	0.37%
CMCSA	B	0.37%
TJX	A	0.36%
AMGN	D	0.35%
SCHW	B	0.35%
DHR	F	0.34%
SYK	C	0.32%
FI	A	0.32%
PFE	D	0.32%
MMC	B	0.32%
SBUX	A	0.3%
BSX	B	0.3%
EQIX	A	0.3%
DE	A	0.28%
TMUS	B	0.26%
ICE	C	0.26%
DUK	C	0.25%
MU	D	0.25%
WM	A	0.25%
BA	F	0.25%
PNC	B	0.24%
GEV	B	0.24%
TT	A	0.24%
NKE	D	0.24%
MDT	D	0.24%
UPS	C	0.24%
INTC	D	0.23%
ADI	D	0.23%
USB	A	0.23%
AON	A	0.22%
CMG	B	0.22%
PYPL	B	0.22%
CI	F	0.21%
DLR	B	0.21%
MCK	B	0.21%
ELV	F	0.21%
CVS	D	0.19%
APD	A	0.19%
TFC	A	0.18%
CDNS	B	0.18%
AFL	B	0.18%
SNPS	B	0.18%
EMR	A	0.18%
GM	B	0.17%
HLT	A	0.17%
SRE	A	0.17%
BK	A	0.17%
FDX	B	0.17%
TRV	B	0.17%
MRVL	B	0.17%
MAR	B	0.17%
NOC	D	0.17%
COF	B	0.17%
REGN	F	0.17%
OKE	A	0.16%
CARR	D	0.16%
BDX	F	0.15%
MET	A	0.15%
ADSK	A	0.15%
TGT	F	0.15%
RCL	A	0.15%
ALL	A	0.15%
CCI	D	0.15%
D	C	0.14%
CBRE	B	0.14%
HCA	F	0.14%
AIG	B	0.14%
URI	B	0.14%
JCI	C	0.14%
AEP	D	0.14%
CMI	A	0.13%
PEG	A	0.13%
FTNT	C	0.13%
NEM	D	0.13%
KMI	A	0.13%
PRU	A	0.13%
MPC	D	0.13%
LHX	C	0.12%
IRM	D	0.12%
EA	A	0.12%
PWR	A	0.12%
WDAY	B	0.12%
DFS	B	0.12%
CSGP	D	0.11%
BKR	B	0.11%
IR	B	0.11%
EXC	C	0.11%
VLO	C	0.11%
XEL	A	0.11%
DAL	C	0.11%
F	C	0.11%
NDAQ	A	0.1%
SYY	B	0.1%
HES	B	0.1%
LULU	C	0.1%
COR	B	0.1%
HIG	B	0.1%
MTB	A	0.1%
A	D	0.09%
CTSH	B	0.09%
DD	D	0.09%
VTR	C	0.09%
WAB	B	0.09%
IT	C	0.09%
ETR	B	0.09%
GIS	D	0.09%
EIX	B	0.09%
KDP	D	0.09%
FITB	A	0.09%
WTW	B	0.09%
EW	C	0.09%
AWK	D	0.08%
WY	D	0.08%
XYL	D	0.08%
BR	A	0.08%
RMD	C	0.08%
TSCO	D	0.08%
KEYS	A	0.08%
CHTR	C	0.08%
IQV	D	0.08%
ROK	B	0.08%
DOW	F	0.08%
HPQ	B	0.08%
HUM	C	0.08%
GLW	B	0.08%
OXY	D	0.08%
EBAY	D	0.08%
TTWO	A	0.08%
STT	A	0.08%
UAL	A	0.08%
SYF	B	0.07%
ON	D	0.07%
WBD	C	0.07%
ADM	D	0.07%
DXCM	D	0.07%
NET	B	0.07%
ANSS	B	0.07%
HAL	C	0.07%
CAH	B	0.07%
AEE	A	0.07%
ALNY	D	0.07%
FTV	C	0.07%
PPL	B	0.07%
RF	A	0.07%
CNC	D	0.07%
PPG	F	0.07%
LPLA	A	0.07%
DECK	A	0.07%
HBAN	A	0.07%
LII	A	0.06%
CNP	B	0.06%
TYL	B	0.06%
K	A	0.06%
MPWR	F	0.06%
KIM	A	0.06%
IFF	D	0.06%
GDDY	A	0.06%
DVN	F	0.06%
PFG	D	0.06%
NTAP	C	0.06%
EXPE	B	0.06%
ES	D	0.06%
HPE	B	0.06%
CBOE	B	0.06%
TW	A	0.05%
ZM	B	0.05%
EQH	B	0.05%
MDB	C	0.05%
OC	A	0.05%
LH	C	0.05%
WDC	D	0.05%
LVS	C	0.05%
ILMN	D	0.05%
TSN	B	0.05%
BALL	D	0.05%
FSLR	F	0.05%
TRU	D	0.05%
WAT	B	0.05%
BBY	D	0.05%
LDOS	C	0.05%
BIIB	F	0.05%
ZBH	C	0.05%
UDR	B	0.05%
BAH	F	0.05%
KEY	B	0.05%
LUV	C	0.05%
MKC	D	0.05%
OMC	C	0.05%
ZBRA	B	0.05%
CLX	B	0.05%
LYB	F	0.05%
CSL	C	0.05%
KMX	B	0.04%
DOCU	A	0.04%
TER	D	0.04%
BAX	D	0.04%
TPR	B	0.04%
NDSN	B	0.04%
GEN	B	0.04%
AFRM	B	0.04%
GWRE	A	0.04%
ACM	A	0.04%
USFD	A	0.04%
NTNX	A	0.04%
APTV	D	0.04%
TXT	D	0.04%
ZS	C	0.04%
DGX	A	0.04%
JLL	D	0.04%
HOLX	D	0.04%
EL	F	0.04%
UNM	A	0.04%
BXP	D	0.04%
Z	A	0.04%
PNR	A	0.04%
RGA	A	0.04%
MAS	D	0.04%
IEX	B	0.04%
J	F	0.04%
SOFI	A	0.04%
AAL	B	0.03%
OKTA	C	0.03%
PNFP	B	0.03%
INGR	B	0.03%
DAY	B	0.03%
ARMK	B	0.03%
CMA	A	0.03%
AYI	B	0.03%
MKTX	D	0.03%
ATR	B	0.03%
MRNA	F	0.03%
TAP	C	0.03%
ALLY	C	0.03%
CNH	C	0.03%
BLD	D	0.03%
NWSA	B	0.03%
PNW	B	0.03%
DKS	C	0.03%
FOXA	B	0.03%
AA	B	0.03%
AVTR	F	0.03%
IPG	D	0.03%
EMN	D	0.03%
NCLH	B	0.03%
AKAM	D	0.03%
OWL	A	0.03%
FHN	A	0.03%
ITT	A	0.03%
CHRW	C	0.03%
ALB	C	0.03%
BG	F	0.03%
NVT	B	0.03%
FFIV	B	0.03%
AIZ	A	0.03%
SCI	B	0.03%
SWK	D	0.03%
CLF	F	0.02%
AGCO	D	0.02%
LEA	D	0.02%
SMAR	A	0.02%
SLM	A	0.02%
WBA	F	0.02%
DBX	B	0.02%
FOX	A	0.02%
ESTC	C	0.02%
WHR	B	0.02%
THG	A	0.02%
RGEN	D	0.02%
SITE	D	0.02%
LNC	B	0.02%
PVH	C	0.02%
AZEK	A	0.02%
APA	D	0.02%
ETSY	D	0.02%
FCN	D	0.02%
PARA	C	0.02%
MTCH	D	0.02%
AWI	A	0.02%
ALK	C	0.02%
VFC	C	0.02%
OSK	B	0.02%
KBR	F	0.02%
COLB	A	0.02%
LPX	B	0.02%
IVZ	B	0.02%
FMC	D	0.02%
DVA	B	0.02%
BBWI	D	0.02%
AXS	A	0.02%
TFX	F	0.02%
MTG	C	0.02%
H	B	0.02%
RRC	B	0.02%
HRB	D	0.02%
BERY	B	0.02%
HSIC	B	0.02%
BWA	D	0.02%
WH	B	0.02%
CE	F	0.02%
MOS	F	0.02%
HAS	D	0.02%
GPK	C	0.02%
CIEN	B	0.02%
VOYA	B	0.02%
CPB	D	0.02%
SNV	B	0.02%
HRL	D	0.02%
SOLV	C	0.02%
EXEL	B	0.02%
FBIN	D	0.02%
MGM	D	0.02%
AES	F	0.02%
JNPR	F	0.02%
INCY	C	0.02%
CAR	C	0.01%
PINC	B	0.01%
DV	C	0.01%
TDC	D	0.01%
RARE	D	0.01%
NVST	B	0.01%
AGR	B	0.01%
PEGA	A	0.01%
PENN	C	0.01%
SPR	D	0.01%
OGN	D	0.01%
PAG	B	0.01%
XRAY	F	0.01%
YETI	C	0.01%
BHF	B	0.01%
W	F	0.01%
PII	D	0.01%
MDU	D	0.01%
NWS	B	0.01%
WU	D	0.01%
TNL	A	0.01%
M	D	0.01%
INSP	D	0.01%
GAP	C	0.01%
HOG	D	0.01%
ST	F	0.01%
TKR	D	0.01%
SON	D	0.01%
CHH	A	0.01%
LITE	B	0.01%
CRUS	D	0.01%
GTLB	B	0.01%
LOPE	B	0.01%
DINO	D	0.01%
AGO	B	0.01%
ZG	A	0.01%
VNT	B	0.01%
QS	F	0.0%
SNDR	B	0.0%
RKT	F	0.0%
KSS	F	0.0%

JUST Underweight 51 Positions Relative to FQAL

Symbol	Grade	Weight
META	D	-2.51%
JNJ	D	-1.35%
MCD	D	-1.11%
BX	A	-1.05%
NFLX	A	-0.97%
FICO	B	-0.96%
ORLY	B	-0.84%
VEEV	C	-0.84%
CPAY	A	-0.82%
EWBC	A	-0.78%
CFR	B	-0.77%
AZO	C	-0.75%
JXN	C	-0.74%
YUM	B	-0.72%
CBSH	A	-0.71%
DPZ	C	-0.69%
KNSL	B	-0.65%
QLYS	C	-0.64%
KLAC	D	-0.64%
PM	B	-0.63%
MTD	D	-0.58%
MEDP	D	-0.57%
CTAS	B	-0.55%
GWW	B	-0.55%
ITW	B	-0.54%
FAST	B	-0.53%
TDG	D	-0.49%
PAYX	C	-0.49%
ODFL	B	-0.45%
MO	A	-0.44%
TTD	B	-0.41%
SO	D	-0.36%
EOG	A	-0.32%
MNST	C	-0.31%
TPL	A	-0.31%
WEC	A	-0.26%
SPG	B	-0.25%
PSA	D	-0.23%
O	D	-0.21%
NFG	A	-0.2%
AM	A	-0.19%
EXR	D	-0.19%
UGI	A	-0.19%
WHD	B	-0.18%
VICI	C	-0.18%
NUE	C	-0.18%
RS	B	-0.17%
EXP	A	-0.16%
RGLD	C	-0.15%
AVY	D	-0.15%
GLPI	C	-0.14%