NDOW vs. FLRG ETF Comparison

Comparison of Anydrus Advantage ETF (NDOW) to Fidelity U.S. Multifactor ETF (FLRG)

NDOW

Anydrus Advantage ETF

NDOW Description

The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a combination of equity securities, fixed income securities and ETFs representing a broad range of asset classes. The fund seeks to provide attractive risk adjusted returns over market cycles by investing in a broadly diversified portfolio. In doing so, the fund seeks to provide investors with 1) reduced correlation to U.S. only stock and bond market movements, and 2) multiple alternative return sources that are independent from traditional U.S. stock and bond markets.

Grade (RS Rating)

Last Trade

$25.11

Average Daily Volume

2,618

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLRG

Fidelity U.S. Multifactor ETF

FLRG Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Multifactor Index?. The fund normally invests at least 80% of its assets in securities included in the Fidelity U.S. Multifactor Index?. The Fidelity U.S. Multifactor Index? is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$35.37

Average Daily Volume

51,658

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	NDOW	FLRG
30 Days	-0.08%	3.91%
60 Days	-0.93%	5.11%
90 Days	-0.09%	6.17%
12 Months		32.36%

7 Overlapping Holdings

Symbol	Grade	Weight in NDOW	Weight in FLRG	Overlap
ABBV	D	0.5%	1.29%	0.5%
AMAT	F	0.38%	0.77%	0.38%
BCC	B	0.86%	0.97%	0.86%
NXPI	D	0.79%	0.55%	0.55%
QCOM	F	0.37%	0.81%	0.37%
REGN	F	0.38%	0.8%	0.38%
VRTX	F	0.57%	0.79%	0.57%

NDOW Overweight 47 Positions Relative to FLRG

Symbol	Grade	Weight
IBTH	D	8.43%
VGIT	D	8.3%
XEMD	C	6.17%
FLIA	B	6.08%
SCHI	C	4.91%
BSJS	A	4.54%
SPMO	B	4.33%
BKLC	A	4.32%
SCHD	A	4.25%
IDMO	C	3.81%
VGLT	F	3.74%
MGK	B	3.0%
GLTR	C	2.7%
FMF	C	2.05%
FLSP	C	2.04%
MNA	C	2.03%
BTAL	F	2.03%
SRE	A	1.05%
JPM	A	1.01%
ETN	A	1.01%
NEE	D	0.88%
FCX	D	0.8%
BNTX	D	0.62%
FINV	B	0.61%
ESEA	D	0.61%
NICE	C	0.6%
OGN	D	0.59%
MPWR	F	0.56%
NTES	D	0.55%
BABA	D	0.54%
YY	C	0.52%
BIDU	F	0.5%
INFY	B	0.48%
PBR	C	0.46%
E	F	0.45%
MTLS	B	0.43%
LNTH	D	0.42%
LNG	B	0.42%
TCMD	A	0.41%
CHE	D	0.41%
ACMR	F	0.41%
LRN	A	0.41%
BLD	D	0.4%
INTC	D	0.4%
NBIX	C	0.4%
CROX	D	0.4%
ROCK	C	0.38%

NDOW Underweight 94 Positions Relative to FLRG

Symbol	Grade	Weight
MSFT	F	-6.44%
NVDA	C	-6.08%
GOOGL	C	-3.46%
META	D	-2.47%
LLY	F	-1.98%
AVGO	D	-1.93%
VST	B	-1.76%
V	A	-1.66%
MA	C	-1.64%
HD	A	-1.62%
PG	A	-1.43%
JNJ	D	-1.35%
MCD	D	-1.28%
PGR	A	-1.25%
LMT	D	-1.2%
ADP	B	-1.17%
BKNG	A	-1.15%
NFG	A	-1.12%
PSA	D	-1.04%
PAYX	C	-1.04%
PCAR	B	-1.03%
ALSN	B	-1.02%
ACGL	D	-1.02%
PM	B	-1.01%
MLI	C	-1.0%
VRSK	A	-1.0%
SNA	A	-0.97%
HIG	B	-0.95%
NVR	D	-0.94%
CF	B	-0.91%
LEN	D	-0.91%
ORLY	B	-0.91%
PHM	D	-0.91%
AMGN	D	-0.91%
IBM	C	-0.9%
DTM	B	-0.9%
EG	C	-0.9%
JXN	C	-0.89%
CRBG	B	-0.88%
VICI	C	-0.88%
SYF	B	-0.88%
OHI	C	-0.87%
MTG	C	-0.87%
AZO	C	-0.87%
HRB	D	-0.87%
ESNT	D	-0.87%
WSM	B	-0.86%
CI	F	-0.83%
RGA	A	-0.83%
CTRA	B	-0.83%
NUE	C	-0.82%
MO	A	-0.82%
CL	D	-0.82%
STLD	B	-0.81%
RDN	C	-0.81%
VLO	C	-0.81%
BRBR	A	-0.77%
KMB	D	-0.75%
UTHR	C	-0.7%
NFLX	A	-0.69%
ANET	C	-0.68%
CNC	D	-0.67%
CRWD	B	-0.67%
CHRD	D	-0.67%
KLAC	D	-0.65%
MOH	F	-0.65%
MSI	B	-0.64%
FICO	B	-0.63%
RPRX	D	-0.63%
LRCX	F	-0.63%
APH	A	-0.61%
CDNS	B	-0.6%
MCK	B	-0.6%
ZM	B	-0.56%
DELL	C	-0.54%
GDDY	A	-0.53%
CTSH	B	-0.52%
GEN	B	-0.51%
DBX	B	-0.5%
AKAM	D	-0.5%
ACIW	B	-0.5%
NTAP	C	-0.49%
CRUS	D	-0.47%
VZ	C	-0.47%
DOX	D	-0.47%
CVLT	B	-0.47%
DLB	B	-0.45%
SWKS	F	-0.43%
QLYS	C	-0.42%
T	A	-0.41%
CMCSA	B	-0.41%
TMUS	B	-0.31%
EA	A	-0.17%
FOXA	B	-0.14%