QARP vs. FELV ETF Comparison

Comparison of Xtrackers Russell 1000 US QARP ETF (QARP) to Fidelity Enhanced Large Cap Value ETF (FELV)

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.85

Average Daily Volume

3,299

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

FELV

Fidelity Enhanced Large Cap Value ETF

FELV Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$32.56

Average Daily Volume

106,908

Number of Holdings ^*

332

* may have additional holdings in another (foreign) market

Performance

Period	QARP	FELV
30 Days	3.81%	4.38%
60 Days	3.83%	5.85%
90 Days	5.70%	7.57%
12 Months	26.96%	29.90%

137 Overlapping Holdings

Symbol	Grade	Weight in QARP	Weight in FELV	Overlap
A	D	0.09%	0.09%	0.09%
AAPL	C	4.93%	0.19%	0.19%
ABBV	D	0.02%	0.85%	0.02%
ABT	B	0.22%	0.54%	0.22%
ACN	C	1.17%	0.34%	0.34%
ADBE	C	0.87%	0.37%	0.37%
ADI	D	0.08%	0.04%	0.04%
ADM	D	0.27%	0.1%	0.1%
ADP	B	0.21%	0.1%	0.1%
AMAT	F	0.71%	0.42%	0.42%
AMD	F	0.07%	0.02%	0.02%
AMGN	D	0.03%	0.15%	0.03%
AMZN	C	3.85%	0.08%	0.08%
AON	A	0.34%	0.59%	0.34%
AYI	B	0.07%	0.02%	0.02%
BBWI	D	0.02%	0.08%	0.02%
BBY	D	0.22%	0.15%	0.15%
BIIB	F	0.02%	0.3%	0.02%
BKR	B	0.1%	0.1%	0.1%
BLD	D	0.05%	0.11%	0.05%
BLDR	D	0.16%	0.01%	0.01%
BMY	B	0.62%	0.84%	0.62%
BRK.A	B	5.26%	3.64%	3.64%
CAH	B	0.4%	0.3%	0.3%
CAT	B	0.66%	0.54%	0.54%
CCL	B	0.05%	0.13%	0.05%
CI	F	0.55%	0.6%	0.55%
CINF	A	0.09%	0.22%	0.09%
CL	D	0.22%	0.54%	0.22%
CLX	B	0.07%	0.25%	0.07%
CMCSA	B	0.86%	1.13%	0.86%
CMG	B	0.11%	0.07%	0.07%
CMI	A	0.26%	0.34%	0.26%
CNC	D	0.24%	0.23%	0.23%
CNP	B	0.04%	0.15%	0.04%
COF	B	0.16%	0.47%	0.16%
COP	C	0.78%	0.56%	0.56%
CRUS	D	0.02%	0.09%	0.02%
CSCO	B	1.97%	1.07%	1.07%
CSX	B	0.06%	0.34%	0.06%
CTAS	B	0.08%	0.43%	0.08%
CTRA	B	0.12%	0.05%	0.05%
CVS	D	0.19%	0.3%	0.19%
CVX	A	1.54%	0.53%	0.53%
DBX	B	0.04%	0.42%	0.04%
DD	D	0.02%	0.48%	0.02%
DGX	A	0.03%	0.01%	0.01%
DHI	D	0.31%	0.03%	0.03%
DVN	F	0.16%	0.34%	0.16%
EA	A	0.21%	0.11%	0.11%
ELV	F	0.46%	0.11%	0.11%
EOG	A	0.51%	0.53%	0.51%
EW	C	0.06%	0.06%	0.06%
EXEL	B	0.03%	0.35%	0.03%
FANG	D	0.19%	0.09%	0.09%
GAP	C	0.03%	0.25%	0.03%
GEHC	F	0.14%	0.16%	0.14%
GEV	B	0.21%	0.28%	0.21%
GILD	C	0.32%	0.92%	0.32%
GIS	D	0.09%	0.05%	0.05%
GLPI	C	0.03%	0.05%	0.03%
GRMN	B	0.15%	0.11%	0.11%
HAL	C	0.06%	0.13%	0.06%
HD	A	1.98%	0.45%	0.45%
HUM	C	0.32%	0.14%	0.14%
INCY	C	0.06%	0.22%	0.06%
INGR	B	0.04%	0.04%	0.04%
INTC	D	0.08%	0.85%	0.08%
ITT	A	0.05%	0.18%	0.05%
ITW	B	0.31%	0.12%	0.12%
JNJ	D	2.35%	1.02%	1.02%
KLAC	D	0.16%	0.03%	0.03%
KMB	D	0.16%	0.14%	0.14%
KR	B	0.29%	0.31%	0.29%
LH	C	0.07%	0.08%	0.07%
LMT	D	0.71%	0.64%	0.64%
LOW	D	0.77%	0.07%	0.07%
LPX	B	0.04%	0.33%	0.04%
M	D	0.02%	0.01%	0.01%
MA	C	1.57%	0.28%	0.28%
MCD	D	0.38%	0.28%	0.28%
MCK	B	1.18%	0.09%	0.09%
MEDP	D	0.03%	0.16%	0.03%
META	D	5.09%	0.21%	0.21%
MGM	D	0.05%	0.21%	0.05%
MMC	B	0.56%	0.38%	0.38%
MMM	D	0.11%	0.6%	0.11%
MO	A	0.64%	0.28%	0.28%
MSCI	C	0.22%	0.19%	0.19%
MU	D	0.35%	0.86%	0.35%
NTAP	C	0.07%	0.12%	0.07%
NUE	C	0.37%	0.34%	0.34%
NVDA	C	0.18%	0.17%	0.17%
OC	A	0.13%	0.22%	0.13%
OXY	D	0.06%	0.15%	0.06%
PCAR	B	0.23%	0.39%	0.23%
PFE	D	0.47%	0.85%	0.47%
PG	A	1.38%	1.24%	1.24%
PGR	A	0.06%	0.35%	0.06%
PHM	D	0.21%	0.01%	0.01%
PKG	A	0.06%	0.13%	0.06%
PM	B	0.56%	1.31%	0.56%
PSA	D	0.31%	0.52%	0.31%
PYPL	B	0.34%	0.79%	0.34%
QCOM	F	0.25%	0.5%	0.25%
ROST	C	0.25%	0.11%	0.11%
SEIC	B	0.07%	0.58%	0.07%
SOLV	C	0.1%	0.12%	0.1%
SPG	B	0.2%	0.18%	0.18%
SPGI	C	0.07%	0.63%	0.07%
STLD	B	0.25%	0.33%	0.25%
SWKS	F	0.08%	0.13%	0.08%
SYF	B	0.14%	0.03%	0.03%
T	A	0.72%	1.02%	0.72%
TAP	C	0.03%	0.16%	0.03%
TGT	F	0.32%	0.01%	0.01%
TJX	A	0.82%	0.28%	0.28%
TOL	B	0.07%	0.28%	0.07%
TPR	B	0.12%	0.1%	0.1%
TROW	B	0.25%	0.13%	0.13%
TT	A	0.08%	0.52%	0.08%
TXN	C	0.36%	0.16%	0.16%
TXT	D	0.06%	0.53%	0.06%
UAL	A	0.11%	0.03%	0.03%
UHS	D	0.05%	0.12%	0.05%
UNH	C	2.36%	1.57%	1.57%
UNP	C	0.12%	0.75%	0.12%
UPS	C	0.4%	0.06%	0.06%
USFD	A	0.04%	0.19%	0.04%
VICI	C	0.08%	0.25%	0.08%
VRTX	F	0.2%	0.09%	0.09%
VST	B	0.23%	0.07%	0.07%
VZ	C	0.67%	0.68%	0.67%
WBD	C	0.04%	0.09%	0.04%
WMT	A	3.0%	1.76%	1.76%
WTW	B	0.03%	0.26%	0.03%
XOM	B	3.2%	2.51%	2.51%

QARP Overweight 208 Positions Relative to FELV

Symbol	Grade	Weight
GOOGL	C	2.38%
COST	B	2.35%
GOOG	C	2.15%
MSFT	F	2.01%
V	A	1.84%
TSLA	B	0.83%
BKNG	A	0.81%
SBUX	A	0.51%
LRCX	F	0.42%
LEN	D	0.4%
COR	B	0.4%
ORLY	B	0.37%
SYY	B	0.33%
FDX	B	0.33%
MCO	B	0.33%
AZO	C	0.33%
MRK	F	0.32%
NKE	D	0.31%
CTSH	B	0.29%
GWW	B	0.28%
MPC	D	0.26%
HCA	F	0.26%
REGN	F	0.25%
DE	A	0.25%
GM	B	0.24%
NVR	D	0.23%
ACGL	D	0.23%
ABNB	C	0.23%
FTNT	C	0.22%
FAST	B	0.22%
DAL	C	0.22%
URI	B	0.22%
WSM	B	0.21%
KVUE	A	0.21%
LPLA	A	0.2%
PAYX	C	0.19%
ISRG	A	0.18%
VLO	C	0.18%
ODFL	B	0.18%
EXPE	B	0.17%
RS	B	0.17%
LULU	C	0.17%
EME	C	0.16%
FCNCA	A	0.15%
TSCO	D	0.15%
ULTA	F	0.14%
SLB	C	0.14%
MNST	C	0.14%
DRI	B	0.13%
CASY	A	0.13%
DECK	A	0.13%
ANET	C	0.13%
EXPD	D	0.13%
CF	B	0.13%
CHTR	C	0.13%
PSX	C	0.12%
MAR	B	0.12%
SNA	A	0.12%
KEYS	A	0.12%
BJ	A	0.11%
MTG	C	0.11%
EVR	B	0.11%
MRO	B	0.11%
CPNG	D	0.1%
FDS	B	0.1%
UTHR	C	0.1%
LUV	C	0.1%
EBAY	D	0.09%
MTD	D	0.09%
LYV	A	0.09%
LYB	F	0.09%
DKS	C	0.09%
AMG	B	0.09%
ROK	B	0.09%
CBRE	B	0.09%
ATO	A	0.08%
CBOE	B	0.08%
LNG	B	0.08%
FICO	B	0.08%
HRB	D	0.08%
WY	D	0.08%
WSO	A	0.08%
WST	C	0.08%
PFGC	B	0.08%
HPQ	B	0.08%
HSY	F	0.08%
DOX	D	0.07%
DOW	F	0.07%
DLTR	F	0.07%
GPC	D	0.07%
CPRT	A	0.07%
GGG	B	0.07%
RHI	B	0.07%
MAS	D	0.07%
RNR	C	0.06%
ACI	C	0.06%
EXP	A	0.06%
AGCO	D	0.06%
EG	C	0.06%
TXRH	C	0.06%
SKX	D	0.06%
MOH	F	0.06%
K	A	0.06%
PWR	A	0.06%
FFIV	B	0.06%
JBL	B	0.06%
VRSN	F	0.06%
COIN	C	0.06%
BWA	D	0.06%
AOS	F	0.06%
POOL	C	0.06%
BX	A	0.06%
CHRW	C	0.06%
ADSK	A	0.06%
ALK	C	0.05%
LVS	C	0.05%
MRNA	F	0.05%
IP	B	0.05%
JKHY	D	0.05%
APTV	D	0.05%
LSTR	D	0.05%
JBHT	C	0.05%
CSL	C	0.05%
ORCL	B	0.05%
ALGN	D	0.05%
FIX	A	0.05%
SAIA	B	0.05%
CLF	F	0.05%
RL	B	0.05%
MKTX	D	0.05%
YUM	B	0.05%
MUSA	A	0.05%
OSK	B	0.04%
NYT	C	0.04%
MCHP	D	0.04%
X	C	0.04%
AAL	B	0.04%
ACM	A	0.04%
CHE	D	0.04%
ROL	B	0.04%
FCX	D	0.04%
KNSL	B	0.04%
ARMK	B	0.04%
WYNN	D	0.04%
ALSN	B	0.04%
LEA	D	0.04%
TSN	B	0.04%
PAYC	B	0.04%
GNTX	C	0.04%
COKE	C	0.04%
EPAM	C	0.04%
LECO	B	0.04%
CNM	D	0.04%
MOS	F	0.04%
BURL	A	0.04%
FND	C	0.04%
CHRD	D	0.04%
ON	D	0.04%
DCI	B	0.04%
HOLX	D	0.04%
HLI	B	0.04%
OTIS	C	0.04%
OLN	D	0.03%
WAT	B	0.03%
SJM	D	0.03%
PINC	B	0.03%
MTZ	B	0.03%
FCN	D	0.03%
RLI	B	0.03%
G	B	0.03%
MSM	C	0.03%
PVH	C	0.03%
KNX	B	0.03%
THO	B	0.03%
VVV	F	0.03%
TER	D	0.03%
RPRX	D	0.03%
DPZ	C	0.03%
LOPE	B	0.03%
OVV	B	0.03%
JHG	A	0.03%
FOXA	B	0.03%
LLY	F	0.03%
HST	C	0.03%
LAMR	D	0.03%
JNPR	F	0.03%
J	F	0.03%
AMCR	D	0.03%
DINO	D	0.02%
CDW	F	0.02%
NEU	C	0.02%
HII	D	0.02%
FIVE	F	0.02%
CDNS	B	0.02%
CE	F	0.02%
CPB	D	0.02%
AR	B	0.02%
TTEK	F	0.02%
APA	D	0.02%
LKQ	D	0.02%
MHK	D	0.02%
CTVA	C	0.02%
EL	F	0.02%
CROX	D	0.02%
ALB	C	0.02%
SSD	D	0.02%
PII	D	0.02%
IWB	A	0.0%

QARP Underweight 195 Positions Relative to FELV

Symbol	Grade	Weight
JPM	A	-2.93%
BAC	A	-1.77%
WFC	A	-1.22%
GE	D	-1.05%
SCHW	B	-0.88%
NEE	D	-0.81%
DIS	B	-0.8%
ETN	A	-0.76%
BDX	F	-0.74%
TMO	F	-0.73%
SQ	B	-0.7%
PNC	B	-0.7%
RTX	C	-0.7%
RSG	A	-0.66%
NOC	D	-0.63%
BK	A	-0.63%
CVNA	B	-0.62%
PPG	F	-0.57%
CCI	D	-0.57%
CME	A	-0.57%
NSC	B	-0.57%
TMUS	B	-0.56%
ALLE	D	-0.54%
MS	A	-0.54%
ZM	B	-0.52%
ECL	D	-0.5%
SSNC	B	-0.5%
C	A	-0.48%
LDOS	C	-0.47%
CACI	D	-0.46%
LIN	D	-0.46%
LHX	C	-0.45%
WAB	B	-0.45%
MDT	D	-0.4%
PCG	A	-0.39%
UNM	A	-0.38%
BLK	C	-0.37%
IGT	F	-0.36%
L	A	-0.35%
TPH	D	-0.35%
EVRG	A	-0.35%
BRX	A	-0.35%
GS	A	-0.34%
FTV	C	-0.33%
F	C	-0.33%
ZBRA	B	-0.32%
TWLO	A	-0.3%
FR	C	-0.28%
VMC	B	-0.28%
DUK	C	-0.28%
VEEV	C	-0.28%
GL	B	-0.28%
TRV	B	-0.28%
ANF	C	-0.28%
IBM	C	-0.27%
TDC	D	-0.27%
SYK	C	-0.26%
AME	A	-0.26%
XEL	A	-0.25%
SEE	C	-0.25%
FLS	B	-0.25%
WM	A	-0.25%
EXC	C	-0.24%
KMI	A	-0.24%
TFC	A	-0.24%
ED	D	-0.22%
Z	A	-0.22%
DOCU	A	-0.22%
CRM	B	-0.22%
DOC	D	-0.22%
SKYW	B	-0.21%
HPE	B	-0.21%
JCI	C	-0.21%
AXP	A	-0.2%
VMI	B	-0.2%
MSI	B	-0.2%
EQIX	A	-0.2%
PNR	A	-0.19%
NFLX	A	-0.19%
DTE	C	-0.19%
FTI	A	-0.19%
ALL	A	-0.19%
BSX	B	-0.19%
KEY	B	-0.18%
ICE	C	-0.18%
TMHC	B	-0.18%
ZG	A	-0.18%
EIX	B	-0.17%
DHR	F	-0.17%
PRU	A	-0.17%
IQV	D	-0.17%
LNW	D	-0.17%
MKL	A	-0.17%
ACA	A	-0.17%
CEG	D	-0.17%
EQR	B	-0.17%
QGEN	D	-0.16%
CCK	C	-0.16%
AES	F	-0.16%
PFG	D	-0.16%
STT	A	-0.15%
ILMN	D	-0.15%
JXN	C	-0.15%
RCL	A	-0.15%
WDC	D	-0.14%
AMT	D	-0.14%
GD	F	-0.14%
WDAY	B	-0.13%
ES	D	-0.13%
PH	A	-0.12%
AVGO	D	-0.12%
SO	D	-0.12%
WMB	A	-0.12%
EEFT	B	-0.12%
HWM	A	-0.12%
KHC	F	-0.12%
AIZ	A	-0.11%
QRVO	F	-0.11%
ENS	D	-0.11%
BCC	B	-0.11%
AMH	D	-0.11%
BMRN	D	-0.11%
ADTN	A	-0.1%
CRC	B	-0.1%
PEG	A	-0.1%
MHO	D	-0.1%
TRGP	B	-0.09%
CNO	A	-0.09%
MTDR	B	-0.09%
KD	B	-0.09%
GPN	B	-0.09%
ACT	D	-0.09%
TENB	C	-0.08%
DASH	A	-0.08%
MKC	D	-0.08%
DELL	C	-0.08%
HON	B	-0.08%
IFF	D	-0.08%
ALRM	C	-0.08%
AEP	D	-0.08%
REG	B	-0.07%
BYD	C	-0.07%
LYFT	C	-0.07%
WCC	B	-0.07%
NWL	B	-0.06%
NWSA	B	-0.06%
LEG	F	-0.06%
ARW	D	-0.06%
VSTS	C	-0.06%
MDLZ	F	-0.06%
OGE	B	-0.06%
NMRK	B	-0.06%
DFS	B	-0.05%
TRMB	B	-0.05%
SAM	C	-0.05%
FHI	A	-0.05%
CW	B	-0.05%
PLTK	B	-0.05%
NEM	D	-0.05%
AM	A	-0.04%
VLTO	D	-0.04%
VAC	B	-0.04%
CSGP	D	-0.04%
HL	D	-0.04%
CWEN	C	-0.04%
BKH	A	-0.04%
CTRE	D	-0.04%
AXTA	A	-0.03%
MSA	D	-0.03%
TFX	F	-0.03%
RGA	A	-0.03%
EXTR	B	-0.03%
WS	B	-0.03%
RJF	A	-0.03%
ALKS	B	-0.03%
NWS	B	-0.03%
MATX	C	-0.03%
CWEN	C	-0.02%
SWI	B	-0.02%
OKTA	C	-0.02%
OGN	D	-0.02%
BERY	B	-0.02%
ITRI	B	-0.02%
BIO	D	-0.02%
WOOF	D	-0.02%
MWA	B	-0.01%
TNL	A	-0.01%
FTDR	A	-0.01%
MUR	D	-0.01%
CXT	B	-0.01%
ROP	B	-0.01%
ANSS	B	-0.01%
AXS	A	-0.01%
SON	D	-0.01%
GLW	B	-0.01%