NBCR vs. FVAL ETF Comparison

Comparison of Neuberger Berman Core Equity ETF (NBCR) to Fidelity Value Factor ETF (FVAL)

NBCR

Neuberger Berman Core Equity ETF

NBCR Description

To pursue its goal, the fund invests mainly in equity securities of large-capitalization companies, which it defines as companies that have a market capitalization within the market capitalization range of companies in the Russell 1000® Index at the time of initial purchase. The portfolio managers seek to invest in a broadly diversified group of securities that have the potential to outperform the Russell 1000 Index with a lower level of risk through security selection.

Grade (RS Rating)

Last Trade

$27.43

Average Daily Volume

16,373

Number of Holdings ^*

192

* may have additional holdings in another (foreign) market

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

Performance

Period	NBCR	FVAL
30 Days	2.81%	3.33%
60 Days	4.11%	5.59%
90 Days	5.52%	6.82%
12 Months		28.35%

44 Overlapping Holdings

Symbol	Grade	Weight in NBCR	Weight in FVAL	Overlap
AAPL	C	6.48%	6.68%	6.48%
ABBV	D	0.86%	1.11%	0.86%
ACN	C	0.47%	1.15%	0.47%
AEP	D	0.19%	0.26%	0.19%
AMZN	C	3.83%	3.88%	3.83%
BAC	A	0.76%	1.13%	0.76%
BKNG	A	0.49%	0.87%	0.49%
BMY	B	0.28%	0.98%	0.28%
C	A	0.39%	0.74%	0.39%
CAT	B	0.51%	0.77%	0.51%
CNC	D	0.18%	0.54%	0.18%
COP	C	0.4%	0.4%	0.4%
CRM	B	0.87%	1.46%	0.87%
CVS	D	0.33%	0.71%	0.33%
DAL	C	0.25%	0.64%	0.25%
DE	A	0.33%	0.59%	0.33%
DUK	C	0.23%	0.34%	0.23%
ELV	F	0.26%	0.67%	0.26%
EOG	A	0.31%	0.31%	0.31%
FCX	D	0.26%	0.24%	0.24%
FDX	B	0.22%	0.48%	0.22%
GM	B	0.59%	0.67%	0.59%
GOOGL	C	3.37%	3.72%	3.37%
HD	A	1.22%	1.22%	1.22%
JNJ	D	0.98%	1.31%	0.98%
JPM	A	1.4%	1.84%	1.4%
LIN	D	0.59%	0.53%	0.53%
LMT	D	0.26%	0.56%	0.26%
LVS	C	0.35%	0.55%	0.35%
MCD	D	0.58%	0.84%	0.58%
MMM	D	0.44%	0.5%	0.44%
MSFT	F	6.01%	6.37%	6.01%
NEE	D	0.33%	0.46%	0.33%
NUE	C	0.11%	0.19%	0.11%
NVDA	C	6.7%	7.33%	6.7%
PCG	A	0.14%	0.29%	0.14%
PG	A	0.87%	1.08%	0.87%
PLD	D	0.38%	0.32%	0.32%
QCOM	F	0.91%	1.0%	0.91%
STLD	B	0.1%	0.18%	0.1%
T	A	0.75%	0.62%	0.62%
V	A	1.23%	1.44%	1.23%
WFC	A	0.99%	1.08%	0.99%
XOM	B	1.15%	1.14%	1.14%

NBCR Overweight 148 Positions Relative to FVAL

Symbol	Grade	Weight
GOOG	C	1.94%
AON	A	1.41%
LLY	F	1.19%
MA	C	1.1%
COST	B	1.06%
ORCL	B	0.99%
UNM	A	0.97%
GE	D	0.94%
TMUS	B	0.88%
BSX	B	0.87%
NFLX	A	0.81%
TDG	D	0.77%
NOW	A	0.77%
AIG	B	0.76%
SPGI	C	0.74%
UBER	D	0.74%
MDT	D	0.72%
TJX	A	0.71%
FI	A	0.66%
TXN	C	0.63%
ETN	A	0.63%
CCL	B	0.62%
INTU	C	0.62%
KKR	A	0.61%
FYBR	D	0.6%
SNPS	B	0.58%
AMD	F	0.57%
IWB	A	0.56%
ICE	C	0.56%
TMO	F	0.53%
DKNG	B	0.52%
AMAT	F	0.52%
VRTX	F	0.51%
CRWD	B	0.51%
UL	D	0.51%
ADI	D	0.5%
ZBH	C	0.5%
PH	A	0.48%
TT	A	0.48%
CSCO	B	0.46%
ALL	A	0.45%
APH	A	0.45%
GS	A	0.42%
KDP	D	0.42%
ULTA	F	0.4%
NVT	B	0.39%
CARR	D	0.36%
CL	D	0.36%
IR	B	0.36%
MDLZ	F	0.36%
BLK	C	0.35%
MSI	B	0.35%
APO	B	0.32%
URI	B	0.32%
AMGN	D	0.31%
GIS	D	0.31%
PNC	B	0.31%
REGN	F	0.3%
TRU	D	0.3%
NDAQ	A	0.3%
AVY	D	0.29%
NSC	B	0.29%
MCO	B	0.28%
CSX	B	0.27%
GL	B	0.26%
ORLY	B	0.26%
HCA	F	0.26%
SLB	C	0.26%
MCK	B	0.25%
DLTR	F	0.25%
AIZ	A	0.25%
NKE	D	0.25%
MLM	B	0.25%
SHW	A	0.24%
PSX	C	0.24%
FANG	D	0.24%
FITB	A	0.24%
ASML	F	0.23%
K	A	0.22%
LEN	D	0.22%
EHC	B	0.22%
MET	A	0.22%
SAIA	B	0.21%
WCN	A	0.21%
LRCX	F	0.2%
HUM	C	0.2%
SRE	A	0.2%
VTR	C	0.2%
CHKP	D	0.2%
J	F	0.19%
BA	F	0.19%
DGX	A	0.19%
EFX	F	0.18%
DXCM	D	0.18%
STZ	D	0.17%
EA	A	0.17%
MOH	F	0.17%
D	C	0.17%
ADSK	A	0.17%
VRSK	A	0.17%
CEG	D	0.17%
WMB	A	0.16%
PEG	A	0.16%
RSG	A	0.16%
ELS	C	0.16%
ECL	D	0.16%
OKE	A	0.16%
ETR	B	0.16%
TKO	B	0.15%
VST	B	0.15%
FCPT	C	0.14%
CFG	B	0.14%
ESI	A	0.14%
APTV	D	0.14%
WRBY	B	0.14%
APD	A	0.14%
EQT	B	0.13%
LNT	A	0.13%
LNG	B	0.13%
AVTR	F	0.13%
CDW	F	0.13%
ENTG	D	0.13%
IQV	D	0.13%
IT	C	0.13%
BLDR	D	0.12%
MTCH	D	0.12%
TW	A	0.12%
BK	A	0.12%
FE	C	0.11%
STWD	C	0.11%
ON	D	0.1%
INVH	D	0.1%
EQR	B	0.09%
CNP	B	0.09%
TRGP	B	0.09%
BMRN	D	0.09%
UTZ	D	0.08%
DTM	B	0.08%
CCK	C	0.08%
WIX	B	0.08%
TOL	B	0.07%
DTE	C	0.07%
SMAR	A	0.07%
GXO	B	0.06%
WY	D	0.06%
IONS	F	0.05%
FBIN	D	0.05%
BHP	F	0.03%

NBCR Underweight 80 Positions Relative to FVAL

Symbol	Grade	Weight
META	D	-2.55%
BRK.A	B	-2.07%
UNH	C	-1.69%
IBM	C	-1.09%
WMT	A	-1.07%
MRK	F	-1.01%
ZM	B	-0.98%
GILD	C	-0.97%
MU	D	-0.85%
UAL	A	-0.84%
AXP	A	-0.83%
CI	F	-0.81%
HPE	B	-0.81%
INTC	D	-0.77%
CTSH	B	-0.76%
COF	B	-0.72%
TRV	B	-0.68%
DFS	B	-0.68%
HON	B	-0.68%
SYF	B	-0.67%
CVX	A	-0.67%
EXPE	B	-0.66%
ADP	B	-0.64%
CMCSA	B	-0.61%
VZ	C	-0.61%
RPRX	D	-0.61%
UNP	C	-0.61%
SWKS	F	-0.56%
JXN	C	-0.56%
PRU	A	-0.56%
UPS	C	-0.55%
MO	A	-0.55%
RNR	C	-0.54%
PCAR	B	-0.53%
KVUE	A	-0.52%
CMI	A	-0.52%
F	C	-0.51%
OZK	B	-0.51%
EBAY	D	-0.51%
EG	C	-0.5%
WYNN	D	-0.5%
G	B	-0.49%
TGT	F	-0.48%
RHI	B	-0.44%
KR	B	-0.43%
OC	A	-0.42%
KMB	D	-0.41%
M	D	-0.39%
AGCO	D	-0.38%
ADM	D	-0.35%
ACI	C	-0.34%
BG	F	-0.32%
PARA	C	-0.28%
SPG	B	-0.27%
EXC	C	-0.26%
ATKR	C	-0.26%
NRG	B	-0.26%
PSA	D	-0.25%
MPC	D	-0.24%
O	D	-0.23%
CBRE	B	-0.23%
VLO	C	-0.22%
NFG	A	-0.2%
VICI	C	-0.2%
NEM	D	-0.19%
BXP	D	-0.18%
DVN	F	-0.18%
CF	B	-0.18%
UGI	A	-0.18%
HST	C	-0.17%
JLL	D	-0.17%
WPC	D	-0.16%
ARE	D	-0.16%
GLPI	C	-0.16%
DOW	F	-0.16%
LYB	F	-0.15%
CIVI	D	-0.13%
MOS	F	-0.13%
MUR	D	-0.13%
CLF	F	-0.11%