LOWV vs. FFLV ETF Comparison

Comparison of AB US Low Volatility Equity ETF (LOWV) to Fidelity Fundamental Large Cap Value ETF (FFLV)

LOWV

AB US Low Volatility Equity ETF

LOWV Description

The fund is an actively-managed exchange-traded fund ("ETF"). The adviser seeks to achieve the fund"s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.64

Average Daily Volume

7,408

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFLV

Fidelity Fundamental Large Cap Value ETF

FFLV Description

The fund will normally invest at least 80% of the fund"s assets in equity securities of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000® Index or the S&P 500® Index). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.11

Average Daily Volume

884

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	LOWV	FFLV
30 Days	1.62%	4.61%
60 Days	2.39%	5.50%
90 Days	4.17%	6.74%
12 Months	24.87%

16 Overlapping Holdings

Symbol	Grade	Weight in LOWV	Weight in FFLV	Overlap
AFG	A	0.5%	0.87%	0.5%
BAC	A	1.23%	2.34%	1.23%
CI	F	0.96%	1.59%	0.96%
CMCSA	B	1.26%	2.31%	1.26%
DOX	D	1.14%	0.84%	0.84%
G	B	1.06%	0.26%	0.26%
GEN	B	0.81%	0.83%	0.81%
JPM	A	1.59%	4.36%	1.59%
KO	D	1.34%	0.57%	0.57%
LMT	D	0.64%	0.68%	0.64%
MRK	F	1.73%	0.88%	0.88%
PM	B	1.91%	0.22%	0.22%
PSA	D	0.73%	0.65%	0.65%
TSM	B	0.48%	0.86%	0.48%
UNH	C	2.09%	2.23%	2.09%
XOM	B	0.66%	4.54%	0.66%

LOWV Overweight 58 Positions Relative to FFLV

Symbol	Grade	Weight
MSFT	F	8.14%
GOOG	C	4.91%
AAPL	C	3.95%
AVGO	D	3.28%
FI	A	2.47%
ORCL	B	2.33%
NVDA	C	2.24%
ABBV	D	2.05%
V	A	1.96%
AMZN	C	1.91%
MCK	B	1.74%
ADP	B	1.73%
INTU	C	1.7%
META	D	1.64%
AZO	C	1.49%
ADBE	C	1.41%
MMC	B	1.34%
AEP	D	1.33%
GILD	C	1.26%
MA	C	1.18%
NOW	A	1.17%
LHX	C	1.14%
PG	A	1.11%
CBOE	B	1.1%
LULU	C	1.08%
EG	C	1.05%
SHW	A	1.02%
ACM	A	0.96%
BKNG	A	0.96%
NYT	C	0.9%
LLY	F	0.89%
EA	A	0.89%
YUM	B	0.89%
VRTX	F	0.86%
MDT	D	0.85%
RELX	C	0.83%
WMT	A	0.82%
WTW	B	0.79%
PGR	A	0.79%
AEE	A	0.77%
NTAP	C	0.74%
ETN	A	0.66%
DLB	B	0.64%
MSCI	C	0.63%
MTB	A	0.61%
ADI	D	0.6%
RGA	A	0.6%
AMAT	F	0.6%
LDOS	C	0.55%
CL	D	0.54%
ORLY	B	0.48%
PAYX	C	0.46%
SPGI	C	0.41%
FR	C	0.39%
CRM	B	0.33%
NICE	C	0.29%
TMO	F	0.29%
VZ	C	0.22%

LOWV Underweight 92 Positions Relative to FFLV

Symbol	Grade	Weight
CSCO	B	-3.48%
WFC	A	-3.09%
HIG	B	-2.6%
TRV	B	-2.2%
JNJ	D	-2.03%
ELV	F	-1.96%
KVUE	A	-1.95%
JCI	C	-1.84%
FDX	B	-1.7%
PLD	D	-1.66%
EIX	B	-1.58%
USFD	A	-1.49%
PCG	A	-1.49%
ALSN	B	-1.38%
APO	B	-1.37%
WELL	A	-1.32%
SJM	D	-1.24%
CVS	D	-1.21%
AZN	D	-1.09%
BRK.A	B	-1.04%
WLK	D	-1.01%
RJF	A	-1.01%
TKR	D	-0.99%
CNC	D	-0.96%
MCHP	D	-0.94%
SRE	A	-0.89%
COR	B	-0.88%
TRGP	B	-0.84%
GPK	C	-0.82%
KDP	D	-0.8%
UHAL	D	-0.8%
CB	C	-0.76%
ORI	A	-0.75%
GDDY	A	-0.7%
RRX	B	-0.69%
FLR	B	-0.68%
TPX	B	-0.67%
CNXC	F	-0.67%
LW	C	-0.65%
SNX	C	-0.61%
BCO	D	-0.6%
WCC	B	-0.58%
XPO	B	-0.58%
LOW	D	-0.58%
BC	C	-0.58%
CG	A	-0.56%
AES	F	-0.54%
ALLY	C	-0.54%
CEG	D	-0.52%
KEY	B	-0.52%
HPQ	B	-0.47%
SW	A	-0.47%
VST	B	-0.46%
UFPI	B	-0.46%
GMS	B	-0.46%
GPN	B	-0.44%
LAD	A	-0.43%
IPG	D	-0.42%
APTV	D	-0.39%
FAF	A	-0.38%
GTES	A	-0.38%
DOOO	F	-0.37%
LPX	B	-0.36%
OLN	D	-0.33%
HRI	B	-0.32%
CC	C	-0.31%
AAP	C	-0.31%
DAR	C	-0.31%
HOG	D	-0.3%
LITE	B	-0.29%
SLM	A	-0.28%
CPT	B	-0.28%
MDU	D	-0.27%
HRB	D	-0.27%
UPBD	B	-0.26%
BG	F	-0.25%
OMF	A	-0.24%
NXST	C	-0.22%
VSTS	C	-0.22%
CIEN	B	-0.22%
TEX	D	-0.21%
AR	B	-0.2%
COMP	B	-0.2%
SIG	B	-0.2%
TPR	B	-0.17%
SNY	F	-0.17%
CCI	D	-0.14%
MOH	F	-0.13%
EWBC	A	-0.13%
FCNCA	A	-0.12%
WBS	A	-0.11%
FTRE	D	-0.07%