VAMO vs. FLRG ETF Comparison

Comparison of Cambria Value and Momentum ETF (VAMO) to Fidelity U.S. Multifactor ETF (FLRG)

VAMO

Cambria Value and Momentum ETF

VAMO Description

The investment seeks income and capital appreciation from investments in the U.S. equity market. The fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of the value of the fund&#39;s net assets in U.S. exchange-listed equity securities. It may hedge up to 100% of the value of the fund&#39;s long portfolio. The fund may invest in securities of companies in any industry, but will limit the maximum allocation to any particular sector to 25%. It may invest up to 20% of the value of its net assets in U.S. dollar and non-U.S. dollar denominated money market instruments or other high quality debt securities, or ETFs.

Grade (RS Rating)

Last Trade

$31.78

Average Daily Volume

3,719

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

$35.25

Average Daily Volume

51,530

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	VAMO	FLRG
30 Days	7.40%	2.65%
60 Days	7.72%	5.30%
90 Days	8.18%	5.81%
12 Months	22.17%	31.91%

17 Overlapping Holdings

Symbol	Grade	Weight in VAMO	Weight in FLRG	Overlap
BCC	B	0.99%	0.97%	0.97%
CRBG	B	0.77%	0.88%	0.77%
CRUS	D	0.65%	0.47%	0.47%
FOXA	A	0.88%	0.14%	0.14%
HIG	B	0.92%	0.95%	0.92%
JXN	C	1.08%	0.89%	0.89%
LEN	D	1.08%	0.91%	0.91%
MLI	B	2.01%	1.0%	1.0%
MTG	C	0.87%	0.87%	0.87%
PHM	D	1.45%	0.91%	0.91%
RDN	D	0.75%	0.81%	0.75%
RGA	A	0.84%	0.83%	0.83%
SYF	B	1.17%	0.88%	0.88%
T	A	0.8%	0.41%	0.41%
UTHR	C	0.85%	0.7%	0.7%
VST	A	1.76%	1.76%	1.76%
WSM	C	0.72%	0.86%	0.72%

VAMO Overweight 80 Positions Relative to FLRG

Symbol	Grade	Weight
STRL	A	1.72%
COOP	B	1.59%
SKYW	C	1.46%
ENVA	B	1.46%
CEIX	A	1.36%
PRDO	B	1.32%
HOOD	B	1.31%
TMHC	C	1.18%
REVG	C	1.17%
AGX	B	1.17%
L	A	1.17%
PATK	C	1.14%
DHI	F	1.12%
TDS	B	1.12%
POWL	C	1.09%
EME	A	1.08%
CNX	A	1.08%
MCY	A	1.07%
HTLF	B	1.06%
IESC	C	1.06%
IDCC	B	1.04%
SKWD	A	1.03%
MTH	D	1.02%
BFH	C	1.02%
CENX	B	1.02%
MATX	C	1.01%
OSCR	D	0.98%
COF	C	0.97%
TOL	B	0.96%
CALM	A	0.96%
FCNCA	A	0.96%
WTTR	A	0.94%
LRN	A	0.93%
CFG	B	0.93%
GM	C	0.92%
PPC	C	0.91%
HCC	B	0.91%
BZH	C	0.89%
ATGE	B	0.89%
MHO	D	0.89%
APOG	C	0.87%
PHIN	A	0.87%
INGR	C	0.85%
GPI	B	0.84%
ABM	B	0.84%
PRI	B	0.84%
KBH	D	0.83%
HNI	B	0.83%
RSI	A	0.83%
KFY	B	0.82%
BHE	C	0.82%
TPC	C	0.82%
LPX	B	0.82%
DNOW	B	0.81%
THC	D	0.8%
PLUS	F	0.8%
AFL	B	0.79%
SLVM	B	0.79%
NRG	B	0.79%
EQH	C	0.79%
SM	B	0.78%
SCSC	C	0.77%
LNC	C	0.74%
PRU	A	0.73%
AIZ	A	0.73%
WKC	C	0.72%
TPH	D	0.71%
MHK	D	0.7%
FNF	B	0.7%
ALLY	C	0.69%
MLKN	F	0.69%
CCS	D	0.68%
SNX	D	0.67%
GRBK	D	0.67%
UHS	D	0.66%
CUBI	B	0.62%
UFPI	C	0.6%
LBRT	D	0.6%
CAL	F	0.59%
NSIT	F	0.59%

VAMO Underweight 84 Positions Relative to FLRG

Symbol	Grade	Weight
MSFT	D	-6.44%
NVDA	B	-6.08%
GOOGL	C	-3.46%
META	D	-2.47%
LLY	F	-1.98%
AVGO	D	-1.93%
V	A	-1.66%
MA	B	-1.64%
HD	B	-1.62%
PG	C	-1.43%
JNJ	C	-1.35%
ABBV	F	-1.29%
MCD	D	-1.28%
PGR	A	-1.25%
LMT	D	-1.2%
ADP	A	-1.17%
BKNG	A	-1.15%
NFG	A	-1.12%
PSA	C	-1.04%
PAYX	B	-1.04%
PCAR	B	-1.03%
ALSN	B	-1.02%
ACGL	C	-1.02%
PM	B	-1.01%
VRSK	A	-1.0%
SNA	A	-0.97%
NVR	D	-0.94%
CF	A	-0.91%
ORLY	B	-0.91%
AMGN	F	-0.91%
IBM	C	-0.9%
DTM	A	-0.9%
EG	C	-0.9%
VICI	C	-0.88%
OHI	C	-0.87%
AZO	C	-0.87%
HRB	D	-0.87%
ESNT	F	-0.87%
CI	D	-0.83%
CTRA	B	-0.83%
NUE	C	-0.82%
MO	A	-0.82%
CL	D	-0.82%
STLD	B	-0.81%
VLO	C	-0.81%
QCOM	F	-0.81%
REGN	F	-0.8%
VRTX	D	-0.79%
AMAT	F	-0.77%
BRBR	A	-0.77%
KMB	C	-0.75%
NFLX	A	-0.69%
ANET	C	-0.68%
CNC	D	-0.67%
CRWD	B	-0.67%
CHRD	D	-0.67%
KLAC	F	-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	A	-0.6%
ZM	C	-0.56%
NXPI	D	-0.55%
DELL	B	-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%
VZ	C	-0.47%
DOX	D	-0.47%
CVLT	B	-0.47%
DLB	B	-0.45%
SWKS	F	-0.43%
QLYS	B	-0.42%
CMCSA	B	-0.41%
TMUS	B	-0.31%
EA	A	-0.17%