VFQY vs. FQAL ETF Comparison

Comparison of Vanguard U.S. Quality Factor ETF (VFQY) to Fidelity Quality Factor ETF (FQAL)

VFQY

Vanguard U.S. Quality Factor ETF

VFQY Description

The investment seeks to provide long-term capital appreciation by investing in stocks with strong fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with strong fundamentals as determined by the advisor. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$133.81

Average Daily Volume

8,919

Number of Holdings ^*

353

* may have additional holdings in another (foreign) market

FQAL

Fidelity Quality Factor ETF

FQAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Quality Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.

Grade (RS Rating)

Last Trade

$62.15

Average Daily Volume

83,995

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	VFQY	FQAL
30 Days	0.23%	3.73%
60 Days	1.25%	7.86%
90 Days	0.33%	7.26%
12 Months	21.14%	25.53%

46 Overlapping Holdings

Symbol	Grade	Weight in VFQY	Weight in FQAL	Overlap
AAPL	A	1.5%	7.03%	1.5%
ABBV	C	1.59%	1.25%	1.25%
ADBE	B	1.56%	1.06%	1.06%
ADP	D	0.51%	0.53%	0.51%
AMAT	B	1.1%	1.27%	1.1%
AMP	B	0.63%	0.69%	0.63%
AMR	D	0.03%	0.11%	0.03%
AON	C	0.15%	0.64%	0.15%
AOS	D	0.33%	0.38%	0.33%
BKNG	B	0.03%	0.98%	0.03%
CAT	D	0.4%	0.7%	0.4%
CSCO	D	0.6%	0.95%	0.6%
CTAS	A	1.08%	0.52%	0.52%
CTRA	D	0.17%	0.22%	0.17%
EBAY	B	0.42%	0.88%	0.42%
ECL	B	0.36%	0.26%	0.26%
EOG	D	0.5%	0.33%	0.33%
EXPD	B	0.23%	0.38%	0.23%
FAST	D	0.71%	0.39%	0.39%
GILD	C	1.41%	0.76%	0.76%
GOOGL	A	0.17%	4.29%	0.17%
GWW	C	0.16%	0.43%	0.16%
HSY	F	0.12%	0.32%	0.12%
IDXX	D	1.4%	0.69%	0.69%
JNJ	F	0.49%	1.31%	0.49%
KLAC	B	1.63%	1.08%	1.08%
KMB	B	0.14%	0.41%	0.14%
KO	A	0.12%	0.77%	0.12%
LLY	A	0.7%	2.35%	0.7%
LRCX	B	1.38%	1.06%	1.06%
MA	C	0.18%	1.24%	0.18%
MCHP	C	0.91%	0.75%	0.75%
MCO	A	0.07%	0.7%	0.07%
MEDP	C	0.38%	0.95%	0.38%
META	A	0.52%	2.53%	0.52%
MTG	B	0.07%	0.6%	0.07%
NUE	F	0.32%	0.18%	0.18%
NVDA	B	0.88%	7.12%	0.88%
ODFL	C	0.13%	0.39%	0.13%
PAYX	D	0.68%	0.42%	0.42%
PG	C	0.26%	1.05%	0.26%
QLYS	D	0.49%	0.47%	0.47%
RS	D	0.14%	0.15%	0.14%
STLD	D	0.15%	0.17%	0.15%
TPL	B	0.24%	0.28%	0.24%
V	C	0.7%	1.35%	0.7%

VFQY Overweight 307 Positions Relative to FQAL

Symbol	Grade	Weight
MMM	B	1.94%
BMY	F	1.82%
QCOM	B	1.6%
NKE	F	1.56%
WMT	A	1.54%
TGT	D	1.47%
ADSK	B	1.46%
LULU	F	1.34%
TJX	A	1.16%
PEP	D	0.91%
ROST	B	0.9%
MRK	C	0.83%
COST	A	0.72%
AIG	D	0.71%
MPC	D	0.69%
EQH	B	0.65%
MSM	F	0.65%
AYI	D	0.62%
AXP	C	0.61%
CHRW	C	0.6%
LSTR	D	0.6%
RHI	F	0.59%
BLDR	F	0.58%
OXY	D	0.57%
TDC	C	0.57%
STT	C	0.56%
RPM	D	0.55%
DCI	D	0.54%
SLM	D	0.54%
KR	C	0.51%
CHX	C	0.5%
NTAP	A	0.5%
MAT	F	0.49%
BBY	C	0.48%
PYPL	D	0.47%
PRI	C	0.47%
FBP	B	0.47%
AFL	B	0.45%
DKS	C	0.44%
EXPE	C	0.42%
BPOP	D	0.42%
SSD	F	0.42%
CVLT	B	0.42%
JXN	C	0.4%
CNM	D	0.4%
DECK	C	0.39%
ROK	D	0.39%
CDNS	B	0.38%
AX	B	0.38%
LECO	F	0.38%
CHE	D	0.38%
SCHW	D	0.38%
EW	B	0.38%
UFPI	D	0.37%
NSP	F	0.37%
WFRD	B	0.36%
MANH	B	0.35%
ZION	C	0.35%
DLTR	F	0.34%
TPR	C	0.34%
OFG	B	0.33%
CASH	B	0.33%
WSFS	B	0.33%
AMZN	A	0.32%
IT	B	0.32%
NTRS	C	0.32%
KD	C	0.31%
M	C	0.31%
EA	B	0.31%
CNO	B	0.3%
WLY	A	0.3%
DOCU	C	0.3%
TREX	F	0.3%
MLI	C	0.3%
ALKS	C	0.29%
BCC	F	0.29%
TNET	F	0.29%
BJ	B	0.29%
SYF	B	0.29%
GPC	D	0.28%
ACN	D	0.28%
MED	F	0.28%
ANF	C	0.27%
NTB	C	0.27%
RL	C	0.27%
KFRC	D	0.27%
TBBK	B	0.27%
APOG	D	0.27%
VRT	C	0.26%
ULTA	D	0.26%
OZK	D	0.26%
PSTG	B	0.25%
CPNG	C	0.25%
LNTH	C	0.25%
AIT	C	0.25%
BBW	F	0.25%
ENPH	F	0.25%
HAS	D	0.24%
ODP	F	0.24%
FULT	D	0.24%
BLBD	C	0.24%
EXTR	C	0.23%
CFG	B	0.23%
WDFC	D	0.23%
LOPE	C	0.22%
BXC	F	0.22%
ELF	C	0.21%
CUBI	B	0.21%
PII	F	0.21%
PLAB	D	0.21%
OLN	F	0.21%
SHOO	C	0.21%
POOL	F	0.2%
MOH	F	0.2%
CAL	F	0.19%
FIZZ	B	0.19%
CRVL	B	0.19%
CASY	B	0.19%
FIX	D	0.19%
JKHY	C	0.19%
NUS	F	0.19%
CATY	D	0.18%
K	D	0.18%
EPAC	B	0.18%
BBSI	B	0.18%
GMS	D	0.18%
OXM	D	0.18%
LMB	C	0.18%
SNPS	B	0.18%
CRUS	A	0.18%
WTS	D	0.18%
SCS	C	0.17%
SMAR	B	0.17%
JBSS	D	0.17%
ASO	F	0.17%
AAP	F	0.17%
FLO	D	0.17%
WMS	D	0.16%
TK	C	0.16%
APO	B	0.16%
IDT	D	0.16%
EME	D	0.16%
PJT	A	0.16%
SYK	B	0.16%
AEO	F	0.16%
PLMR	C	0.16%
WABC	D	0.15%
CHCO	C	0.15%
FFIV	C	0.15%
CSGS	F	0.15%
APPF	B	0.15%
ROL	A	0.15%
GIII	F	0.15%
BOKF	D	0.15%
HCKT	D	0.15%
IESC	C	0.14%
CALM	B	0.14%
LANC	B	0.14%
ATEN	C	0.14%
BHF	F	0.14%
SM	D	0.13%
INDB	D	0.13%
VMI	C	0.13%
MAN	D	0.13%
HNI	C	0.13%
ON	C	0.13%
COKE	B	0.13%
PINS	B	0.13%
HAE	C	0.13%
CSWI	A	0.13%
TNC	D	0.12%
MYE	F	0.12%
EVER	C	0.12%
ZEUS	F	0.12%
KAI	B	0.12%
BRKR	F	0.12%
EGY	C	0.12%
FC	C	0.11%
BMI	C	0.11%
MCRI	D	0.11%
NVR	D	0.11%
TTC	C	0.11%
ATKR	F	0.11%
STRL	D	0.11%
BELFB	C	0.11%
CDRE	B	0.1%
IOSP	D	0.1%
CPF	B	0.1%
PRMW	C	0.1%
LZB	C	0.1%
SAM	C	0.1%
VRTS	D	0.1%
TER	A	0.1%
CVBF	C	0.1%
ARLO	B	0.1%
HWKN	B	0.1%
SLVM	D	0.1%
SONO	F	0.1%
ETD	D	0.1%
CEIX	B	0.1%
PRLB	D	0.1%
GGG	D	0.1%
ACLS	B	0.1%
SRCE	B	0.1%
DUOL	F	0.1%
AAN	B	0.09%
NYT	A	0.09%
BHLB	C	0.09%
ROKU	C	0.09%
MCFT	F	0.09%
PRDO	C	0.09%
ANIP	D	0.09%
TRIP	F	0.09%
HSIC	D	0.09%
SEIC	D	0.09%
PSMT	D	0.09%
CNXN	D	0.08%
MPWR	B	0.08%
GPOR	D	0.08%
VLO	D	0.08%
ASC	C	0.08%
SKX	C	0.08%
BKU	C	0.08%
PCAR	D	0.08%
WAFD	C	0.08%
SUPN	F	0.08%
OSUR	F	0.08%
YELP	F	0.08%
POWL	D	0.08%
CARG	C	0.07%
SWAV	A	0.07%
RRC	D	0.07%
PDCO	F	0.07%
OC	D	0.07%
HOLX	C	0.07%
CRAI	C	0.07%
ALGN	D	0.07%
CBU	B	0.07%
RGP	F	0.07%
TILE	D	0.07%
CDW	D	0.07%
RDN	B	0.07%
MRC	D	0.07%
MYGN	B	0.06%
EGBN	F	0.06%
SPTN	F	0.06%
DAKT	B	0.06%
AVAV	D	0.06%
LSCC	D	0.06%
MUSA	C	0.06%
BKE	D	0.06%
DOX	D	0.06%
NMIH	B	0.06%
GOLF	C	0.05%
SXI	D	0.05%
SNA	F	0.05%
MOV	D	0.05%
SCHL	D	0.05%
SBSI	D	0.05%
DKNG	F	0.05%
LYTS	D	0.05%
CTS	D	0.05%
BECN	D	0.05%
WTTR	B	0.05%
MNRO	F	0.05%
ARCH	C	0.05%
KELYA	D	0.04%
EXLS	B	0.04%
UVE	D	0.04%
WNC	F	0.04%
REVG	D	0.04%
ALSN	D	0.04%
CLW	D	0.04%
SXC	D	0.04%
YEXT	F	0.04%
RYI	F	0.04%
COOP	D	0.03%
CPRX	D	0.03%
ACAD	C	0.03%
UAA	F	0.03%
LKFN	D	0.03%
NSSC	B	0.03%
TCMD	F	0.03%
CACC	B	0.03%
SMCI	B	0.03%
SFIX	B	0.03%
DXLG	D	0.03%
OII	B	0.03%
PRTS	F	0.03%
XPO	C	0.02%
CCRN	F	0.02%
APAM	D	0.02%
COUR	F	0.02%
WSO	B	0.02%
DFIN	D	0.02%
PFBC	D	0.02%
WIRE	A	0.02%
CR	C	0.02%
FTNT	C	0.02%
DNOW	D	0.02%
ATRC	C	0.02%
KRNY	C	0.02%
USNA	F	0.02%
INCY	D	0.02%
AMAL	B	0.02%
KEYS	D	0.02%
YNDX	C	0.0%

VFQY Underweight 79 Positions Relative to FQAL

Symbol	Grade	Weight
MSFT	A	-7.38%
AVGO	B	-2.27%
BRK.A	C	-2.01%
HD	C	-1.26%
XOM	D	-1.08%
AMGN	B	-0.98%
VRTX	B	-0.98%
WSM	D	-0.96%
REGN	B	-0.96%
MCD	F	-0.89%
PANW	B	-0.82%
FICO	A	-0.82%
MTD	D	-0.81%
ABNB	B	-0.81%
ZTS	C	-0.78%
ORLY	C	-0.77%
DPZ	D	-0.77%
AZO	C	-0.76%
DFS	B	-0.73%
YUM	D	-0.72%
ACGL	C	-0.72%
SBUX	F	-0.71%
CVX	D	-0.71%
BX	C	-0.7%
FCNCA	C	-0.66%
CME	D	-0.65%
PM	B	-0.62%
LMT	C	-0.59%
UNP	D	-0.59%
VRSN	C	-0.57%
VZ	B	-0.57%
ESNT	C	-0.56%
LIN	C	-0.54%
TDG	D	-0.54%
KNSL	F	-0.53%
NEE	D	-0.52%
T	B	-0.52%
MSCI	C	-0.51%
CMCSA	F	-0.5%
CPRT	C	-0.49%
VRSK	A	-0.47%
CL	B	-0.47%
MO	A	-0.47%
OTIS	B	-0.46%
VST	C	-0.46%
CSX	D	-0.46%
ITW	D	-0.45%
COP	D	-0.44%
TTD	A	-0.44%
AME	D	-0.43%
SO	B	-0.38%
CHD	C	-0.34%
PLD	C	-0.33%
PEG	B	-0.32%
MNST	D	-0.32%
KVUE	F	-0.31%
BRBR	B	-0.31%
KMI	B	-0.27%
SHW	D	-0.26%
LNG	B	-0.26%
WEC	D	-0.24%
NFG	D	-0.24%
SPG	C	-0.24%
PSA	B	-0.23%
AVB	B	-0.22%
O	C	-0.22%
AM	B	-0.21%
EXR	B	-0.21%
EQR	B	-0.2%
OTTR	D	-0.19%
ZI	F	-0.19%
VICI	D	-0.18%
GLPI	B	-0.16%
WPC	D	-0.15%
RGLD	B	-0.15%
SBAC	F	-0.15%
CF	F	-0.14%
EXP	D	-0.13%
NEU	D	-0.12%