VUSE vs. FQAL ETF Comparison

Comparison of Vident Core US Equity ETF (VUSE) to Fidelity Quality Factor ETF (FQAL)

VUSE

Vident Core US Equity ETF

VUSE Description

The investment seeks to track the price and total return performance, before fees and expenses, of the Vident Core U.S. Equity Index (the "Strategy Index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the Strategy Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Strategy Index construction begins by establishing an initial universe of U.S. equity securities of companies with a market capitalization greater than $500 million and meeting certain minimum liquidity requirements.

Grade (RS Rating)

Last Trade

$54.65

Average Daily Volume

16,559

Number of Holdings ^*

125

* 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

$61.92

Average Daily Volume

86,357

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	VUSE	FQAL
30 Days	4.07%	4.92%
60 Days	4.69%	8.53%
90 Days	2.96%	8.02%
12 Months	15.34%	23.68%

54 Overlapping Holdings

Symbol	Grade	Weight in VUSE	Weight in FQAL	Overlap
AAPL	A	2.29%	6.67%	2.29%
ABBV	C	0.67%	1.3%	0.67%
ADBE	B	2.34%	0.98%	0.98%
AMAT	B	1.44%	1.22%	1.22%
AMP	B	0.52%	0.7%	0.52%
AMR	C	0.4%	0.1%	0.1%
AOS	D	0.24%	0.4%	0.24%
AVGO	B	2.49%	2.19%	2.19%
BKNG	B	1.39%	1.0%	1.0%
CAT	C	0.99%	0.71%	0.71%
CMCSA	D	0.09%	0.5%	0.09%
CSCO	D	0.94%	0.95%	0.94%
CTAS	B	0.62%	0.53%	0.53%
CVX	D	1.98%	0.73%	0.73%
EOG	C	0.84%	0.33%	0.33%
FAST	F	0.43%	0.4%	0.4%
FICO	A	0.64%	0.78%	0.64%
GWW	C	0.58%	0.43%	0.43%
HD	C	1.81%	1.33%	1.33%
IDXX	D	0.62%	0.72%	0.62%
ITW	D	0.67%	0.47%	0.47%
JNJ	F	1.79%	1.35%	1.35%
KLAC	B	1.19%	1.02%	1.02%
KO	B	2.06%	0.79%	0.79%
LRCX	A	0.89%	1.02%	0.89%
MA	D	1.88%	1.28%	1.28%
MCD	F	0.85%	0.94%	0.85%
MCHP	C	1.33%	0.73%	0.73%
MEDP	C	0.16%	0.96%	0.16%
META	B	0.67%	2.49%	0.67%
MO	A	1.1%	0.48%	0.48%
MSCI	C	0.63%	0.51%	0.51%
MSFT	A	2.16%	7.22%	2.16%
MTG	B	0.67%	0.6%	0.6%
NFG	C	0.55%	0.24%	0.24%
NUE	D	0.15%	0.18%	0.15%
NVDA	B	1.91%	6.89%	1.91%
ODFL	D	0.49%	0.38%	0.38%
ORLY	C	0.97%	0.8%	0.8%
OTTR	C	0.25%	0.19%	0.19%
PANW	B	0.33%	0.76%	0.33%
PAYX	D	0.92%	0.45%	0.45%
PG	C	1.61%	1.08%	1.08%
QLYS	D	0.47%	0.46%	0.46%
RS	D	0.09%	0.15%	0.09%
SBUX	F	0.81%	0.74%	0.74%
STLD	D	0.48%	0.17%	0.17%
T	B	1.09%	0.51%	0.51%
TTD	A	0.45%	0.43%	0.43%
V	D	1.9%	1.4%	1.4%
VRSK	A	0.68%	0.47%	0.47%
VST	C	0.66%	0.46%	0.46%
XOM	C	2.17%	1.08%	1.08%
ZTS	C	0.85%	0.77%	0.77%

VUSE Overweight 71 Positions Relative to FQAL

Symbol	Grade	Weight
AMZN	A	2.25%
JPM	A	2.11%
MRK	C	2.0%
PEP	D	1.93%
UNH	D	1.8%
CMG	C	1.53%
SNPS	B	1.27%
CDNS	B	1.25%
TJX	B	1.09%
TSLA	B	1.03%
CRM	C	0.98%
DIS	F	0.93%
UBER	B	0.89%
CORT	C	0.86%
NFLX	A	0.85%
FTNT	D	0.84%
BMY	F	0.81%
CARG	C	0.66%
HCC	C	0.66%
NYT	A	0.65%
NKE	F	0.65%
YELP	F	0.63%
ITT	D	0.62%
IT	C	0.59%
EQH	B	0.57%
RMBS	D	0.56%
BRC	B	0.56%
DFIN	D	0.56%
COST	A	0.56%
MANH	B	0.54%
ZION	B	0.53%
ATKR	F	0.53%
CRWD	A	0.53%
CBOE	D	0.53%
IBOC	C	0.52%
TREX	F	0.49%
GGG	D	0.49%
DT	F	0.49%
PLAB	D	0.49%
WTM	C	0.48%
EA	B	0.48%
LSTR	B	0.46%
IRDM	F	0.46%
TGNA	D	0.46%
RLI	D	0.46%
SHO	D	0.45%
FFIN	C	0.45%
FHI	B	0.45%
RAMP	D	0.45%
EXPI	F	0.44%
AFG	D	0.43%
ANET	A	0.43%
WST	F	0.43%
EXLS	B	0.41%
LSCC	D	0.37%
MSI	B	0.36%
ALGN	D	0.35%
TBBK	B	0.35%
WNC	D	0.34%
TMUS	B	0.33%
HST	D	0.3%
SCCO	C	0.25%
SEIC	C	0.24%
ERIE	C	0.23%
PINS	B	0.2%
DBRG	D	0.18%
WIRE	A	0.16%
LNTH	C	0.12%
DOCS	C	0.12%
APLE	D	0.09%
SIRI	C	0.07%

VUSE Underweight 71 Positions Relative to FQAL

Symbol	Grade	Weight
GOOGL	A	-4.17%
LLY	B	-2.32%
BRK.A	D	-2.06%
WSM	D	-1.06%
AMGN	B	-1.0%
VRTX	B	-0.99%
REGN	B	-0.98%
EBAY	B	-0.9%
MTD	C	-0.87%
DPZ	C	-0.84%
AZO	C	-0.8%
ABNB	B	-0.79%
GILD	C	-0.79%
YUM	D	-0.74%
ACGL	C	-0.74%
BX	C	-0.72%
DFS	A	-0.71%
MCO	A	-0.7%
CME	D	-0.65%
AON	C	-0.65%
FCNCA	C	-0.63%
PM	B	-0.62%
UNP	D	-0.59%
LMT	B	-0.59%
VZ	B	-0.58%
VRSN	C	-0.58%
TDG	D	-0.57%
ESNT	B	-0.57%
LIN	C	-0.56%
ADP	D	-0.56%
KNSL	F	-0.55%
NEE	D	-0.54%
CL	B	-0.49%
CPRT	C	-0.49%
OTIS	B	-0.46%
AME	D	-0.45%
CSX	D	-0.45%
COP	D	-0.44%
KMB	B	-0.41%
EXPD	B	-0.4%
SO	B	-0.39%
CHD	D	-0.35%
KVUE	F	-0.32%
MNST	F	-0.32%
HSY	F	-0.32%
PLD	C	-0.32%
PEG	A	-0.32%
BRBR	C	-0.3%
TPL	B	-0.29%
ECL	B	-0.28%
KMI	A	-0.27%
SHW	D	-0.26%
LNG	B	-0.25%
SPG	B	-0.25%
WEC	D	-0.24%
CTRA	D	-0.23%
PSA	B	-0.23%
EXR	B	-0.22%
AVB	B	-0.22%
O	D	-0.22%
EQR	B	-0.21%
AM	B	-0.21%
VICI	D	-0.19%
ZI	F	-0.19%
GLPI	C	-0.16%
SBAC	F	-0.16%
WPC	D	-0.15%
RGLD	C	-0.15%
CF	F	-0.15%
EXP	D	-0.13%
NEU	D	-0.12%