RAFE vs. FDMO ETF Comparison

Comparison of PIMCO RAFI ESG U.S. ETF (RAFE) to Fidelity Momentum Factor ETF (FDMO)

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$37.82

Average Daily Volume

12,485

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

FDMO

Fidelity Momentum Factor ETF

FDMO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.

Grade (RS Rating)

Last Trade

$71.42

Average Daily Volume

35,646

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

Performance

Period	RAFE	FDMO
30 Days	1.92%	6.00%
60 Days	3.06%	8.27%
90 Days	4.90%	10.44%
12 Months	24.12%	42.98%

47 Overlapping Holdings

Symbol	Grade	Weight in RAFE	Weight in FDMO	Overlap
AAPL	C	6.52%	6.8%	6.52%
ABBV	D	1.53%	1.08%	1.08%
ANET	C	0.02%	0.82%	0.02%
AVGO	D	1.26%	2.03%	1.26%
AXP	A	0.63%	0.9%	0.63%
BAC	A	0.86%	1.21%	0.86%
BK	A	0.19%	0.7%	0.19%
BSX	B	0.11%	0.95%	0.11%
CARR	D	0.37%	0.51%	0.37%
CBRE	B	0.37%	0.21%	0.21%
CL	D	0.37%	0.33%	0.33%
DHR	F	0.46%	0.92%	0.46%
EBAY	D	0.41%	0.42%	0.41%
ECL	D	0.26%	0.23%	0.23%
EQR	B	0.16%	0.19%	0.16%
ESS	B	0.05%	0.18%	0.05%
FIS	C	0.36%	0.65%	0.36%
GM	B	2.16%	0.5%	0.5%
GS	A	0.98%	0.99%	0.98%
HCA	F	0.09%	0.78%	0.09%
HD	A	1.77%	1.08%	1.08%
HIG	B	0.27%	0.67%	0.27%
IFF	D	0.12%	0.15%	0.12%
IRM	D	0.19%	0.19%	0.19%
ISRG	A	0.14%	1.06%	0.14%
JLL	D	0.21%	0.16%	0.16%
JPM	A	4.09%	1.88%	1.88%
KMB	D	0.3%	0.28%	0.28%
KO	D	0.98%	0.61%	0.61%
LIN	D	1.12%	0.51%	0.51%
LLY	F	0.67%	1.68%	0.67%
LUMN	C	0.21%	0.32%	0.21%
META	D	1.2%	2.39%	1.2%
MSFT	F	5.72%	6.21%	5.72%
MSI	B	0.21%	0.88%	0.21%
NEM	D	0.46%	0.2%	0.2%
NFLX	A	0.09%	0.88%	0.09%
NVDA	C	1.12%	6.97%	1.12%
PG	A	2.84%	0.92%	0.92%
PGR	A	0.25%	0.87%	0.25%
PKG	A	0.15%	0.16%	0.15%
SHW	A	0.15%	0.29%	0.15%
T	A	2.41%	0.52%	0.52%
TJX	A	0.49%	0.61%	0.49%
TMUS	B	0.46%	0.45%	0.45%
TSLA	B	0.49%	2.03%	0.49%
WELL	A	0.33%	0.28%	0.28%

RAFE Overweight 191 Positions Relative to FDMO

Symbol	Grade	Weight
C	A	3.25%
JNJ	D	3.18%
CSCO	B	2.94%
INTC	D	2.85%
WFC	A	2.82%
PFE	D	2.32%
BMY	B	1.97%
IBM	C	1.81%
VZ	C	1.69%
MRK	F	1.69%
ORCL	B	1.68%
QCOM	F	1.6%
CMCSA	B	1.55%
CI	F	1.3%
DIS	B	1.2%
TGT	F	1.18%
ABT	B	1.18%
LOW	D	1.14%
F	C	1.14%
V	A	1.09%
AMGN	D	1.08%
MMM	D	1.07%
GILD	C	0.99%
ACN	C	0.97%
MU	D	0.95%
ELV	F	0.89%
TXN	C	0.83%
AMAT	F	0.81%
MA	C	0.79%
HPQ	B	0.72%
BLK	C	0.71%
HPE	B	0.7%
MET	A	0.7%
ADBE	C	0.63%
PYPL	B	0.62%
DD	D	0.59%
ALL	A	0.58%
UNH	C	0.58%
CRM	B	0.58%
JCI	C	0.55%
UPS	C	0.54%
DE	A	0.54%
PRU	A	0.51%
BBY	D	0.5%
LRCX	F	0.5%
DOW	F	0.5%
NKE	D	0.48%
ADP	B	0.45%
FDX	B	0.45%
WM	A	0.44%
IP	B	0.43%
MCK	B	0.43%
APD	A	0.42%
HUM	C	0.41%
CVS	D	0.4%
WDC	D	0.37%
ADI	D	0.37%
ADM	D	0.33%
GIS	D	0.32%
BDX	F	0.32%
ITW	B	0.31%
EA	A	0.31%
NTAP	C	0.29%
MDLZ	F	0.29%
CAH	B	0.29%
MAR	B	0.28%
PEP	F	0.28%
FI	A	0.28%
BIIB	F	0.27%
GEHC	F	0.27%
CCI	D	0.27%
STT	A	0.26%
WY	D	0.26%
EIX	B	0.25%
AMP	A	0.25%
SYY	B	0.24%
EQIX	A	0.24%
VTR	C	0.23%
OC	A	0.22%
KLAC	D	0.21%
WHR	B	0.21%
CMI	A	0.21%
PFG	D	0.2%
PARA	C	0.2%
KHC	F	0.2%
PPG	F	0.2%
LH	C	0.19%
JNPR	F	0.19%
FOXA	B	0.19%
MOS	F	0.19%
AMT	D	0.19%
K	A	0.18%
BAX	D	0.18%
CTSH	B	0.18%
VFC	C	0.18%
DVA	B	0.17%
GWW	B	0.17%
TPR	B	0.16%
CF	B	0.16%
AVB	B	0.16%
BALL	D	0.16%
MCO	B	0.16%
EW	C	0.16%
ARW	D	0.15%
DG	F	0.15%
HLT	A	0.15%
A	D	0.15%
KDP	D	0.14%
AWK	D	0.14%
OMC	C	0.14%
KSS	F	0.14%
ZTS	D	0.14%
FAST	B	0.13%
CDNS	B	0.13%
FITB	A	0.13%
CNC	D	0.13%
MRVL	B	0.13%
COR	B	0.13%
DELL	C	0.13%
OTIS	C	0.12%
TROW	B	0.12%
EL	F	0.12%
SYK	C	0.12%
HOLX	D	0.11%
PAYX	C	0.11%
WAT	B	0.11%
HST	C	0.11%
TSCO	D	0.11%
SWK	D	0.11%
GAP	C	0.11%
PVH	C	0.11%
ON	D	0.1%
KEYS	A	0.1%
SPGI	C	0.1%
LKQ	D	0.09%
WAB	B	0.09%
SOLV	C	0.09%
WBA	F	0.09%
VTRS	A	0.09%
AVT	C	0.09%
SJM	D	0.09%
USFD	A	0.09%
TER	D	0.09%
CDW	F	0.09%
ILMN	D	0.08%
SNPS	B	0.08%
GPC	D	0.08%
PLD	D	0.08%
LNC	B	0.08%
DOX	D	0.08%
LEA	D	0.08%
DXC	B	0.07%
DGX	A	0.07%
KIM	A	0.07%
NDAQ	A	0.07%
CHD	B	0.07%
HUN	F	0.07%
CAG	D	0.07%
AKAM	D	0.07%
TSN	B	0.07%
MAA	B	0.07%
NTRS	A	0.07%
NWSA	B	0.07%
DOV	A	0.06%
KD	B	0.06%
HSY	F	0.06%
HSIC	B	0.06%
EQH	B	0.06%
GT	C	0.06%
MCHP	D	0.06%
AMD	F	0.06%
MHK	D	0.05%
XRX	F	0.05%
HAS	D	0.05%
CTVA	C	0.05%
FL	F	0.05%
CPB	D	0.05%
ORLY	B	0.05%
ROK	B	0.05%
AAP	C	0.04%
OGN	D	0.04%
WU	D	0.04%
GEN	B	0.04%
AGCO	D	0.04%
NWL	B	0.04%
FLEX	A	0.04%
RSG	A	0.04%
MAN	D	0.03%
M	D	0.03%
O	D	0.02%
HRL	D	0.01%

RAFE Underweight 75 Positions Relative to FDMO

Symbol	Grade	Weight
AMZN	C	-3.76%
GOOGL	C	-3.54%
BRK.A	B	-2.14%
PLTR	B	-1.3%
APP	B	-1.27%
XOM	B	-1.12%
COIN	C	-1.09%
COST	B	-0.92%
NTRA	B	-0.87%
WMT	A	-0.86%
FICO	B	-0.86%
HOOD	B	-0.83%
KKR	A	-0.8%
QTWO	A	-0.78%
GDDY	A	-0.78%
CVLT	B	-0.74%
GKOS	B	-0.74%
GE	D	-0.74%
CAT	B	-0.73%
RVMD	C	-0.73%
SYF	B	-0.72%
THC	D	-0.72%
RNA	D	-0.7%
UBER	D	-0.67%
CVX	A	-0.67%
EVR	B	-0.67%
RTX	C	-0.66%
BKNG	A	-0.66%
TT	A	-0.59%
JXN	C	-0.59%
MPWR	F	-0.56%
PM	B	-0.55%
CTAS	B	-0.54%
HWM	A	-0.52%
VRT	B	-0.51%
URI	B	-0.5%
TDG	D	-0.5%
RCL	A	-0.48%
FIX	A	-0.47%
NEE	D	-0.47%
EME	C	-0.47%
MLI	C	-0.44%
ZETA	D	-0.43%
DY	D	-0.42%
TRU	D	-0.4%
SN	D	-0.39%
LDOS	C	-0.38%
CVNA	B	-0.38%
MO	A	-0.37%
DUK	C	-0.35%
TTD	B	-0.32%
VST	B	-0.31%
WMB	A	-0.3%
OKE	A	-0.3%
CEG	D	-0.29%
KMI	A	-0.28%
PEG	A	-0.28%
AEP	D	-0.28%
TRGP	B	-0.27%
SPG	B	-0.25%
FRPT	B	-0.24%
NRG	B	-0.24%
TPL	A	-0.24%
PSA	D	-0.24%
DLR	B	-0.24%
SFM	A	-0.24%
DTM	B	-0.2%
EXR	D	-0.2%
FTI	A	-0.19%
SW	A	-0.17%
CRS	A	-0.16%
SLG	B	-0.15%
VNO	B	-0.15%
LPX	B	-0.15%
ATI	D	-0.14%