# Portfolio overlap — FVAL vs RAUS

Comparing **Fidelity Value Factor ETF** (2026-01-31) and **RACWI US ETF** (2026-03-31).

- Shared positions: 110
- Fidelity Value Factor ETF covered by RACWI US ETF: 0.5581900155617821205662268876
- RACWI US ETF covered by Fidelity Value Factor ETF: 0.5581900155617821205662268875

## Fidelity Value Factor ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| NVIDIA CORP | 0.071059 | ✓ |
| APPLE INC | 0.061748 | ✓ |
| ALPHABET INC CL A | 0.051148 | ✓ |
| MICROSOFT CORP | 0.047280 | ✓ |
| Fidelity Cash Central Fund | 0.042353 |  |
| MICRON TECHNOLOGY INC | 0.034834 | ✓ |
| AMAZON.COM INC | 0.034744 | ✓ |
| META PLATFORMS INC CL A | 0.024608 | ✓ |
| TESLA INC | 0.020830 | ✓ |
| BERKSHIRE HATH-B | 0.017956 | ✓ |
| LILLY ELI and CO | 0.017840 | ✓ |
| JOHNSON&JOHNSON | 0.014014 | ✓ |
| VISA INC-CLASS A | 0.012771 | ✓ |
| EXXON MOBIL CORP | 0.010983 | ✓ |
| ABBVIE INC | 0.010969 | ✓ |
| BANK OF AMERICA CORPORATION | 0.010502 | ✓ |
| GOLDMAN SACHS GROUP INC | 0.010345 | ✓ |
| MERCK & CO | 0.010305 | ✓ |
| QUALCOMM INC | 0.010156 | ✓ |
| ACCENTURE PLC CL A | 0.009825 |  |
| ZOOM VIDEO COMMUNICATIONS INC CL A | 0.009732 | ✓ |
| CATERPILLAR INC | 0.009276 | ✓ |
| SALESFORCE INC | 0.009244 | ✓ |
| COGNIZANT TECH SOLUTIONS CL A | 0.009134 | ✓ |
| CITIGROUP INC | 0.008934 | ✓ |
| UNITEDHEALTH GRP | 0.008857 | ✓ |
| AMERICAN EXPRESS CO | 0.008853 | ✓ |
| AVNET INC | 0.008621 | ✓ |
| COSTCO WHOLESALE CORP | 0.008615 | ✓ |
| GENERAL ELECTRIC CO | 0.008380 | ✓ |
| ARROW ELECTRONICS INC | 0.008374 | ✓ |
| HOME DEPOT INC | 0.008213 | ✓ |
| ADOBE INC | 0.008176 | ✓ |
| RTX CORP | 0.008089 | ✓ |
| PROCTER & GAMBLE | 0.007868 | ✓ |
| CENTENE CORP | 0.007758 | ✓ |
| CAPITAL ONE FINANCIAL CORP | 0.007246 | ✓ |
| BRISTOL-MYERS SQUIBB CO | 0.007185 | ✓ |
| REGENERON PHARMACEUTICALS INC | 0.007141 | ✓ |
| PFIZER INC | 0.007127 | ✓ |
| CHEVRON CORP | 0.006984 | ✓ |
| LOCKHEED MARTIN CORP | 0.006884 | ✓ |
| ELEVANCE HEALTH INC | 0.006498 | ✓ |
| HP INC | 0.006309 | ✓ |
| TRAVELERS COS IN | 0.006302 | ✓ |
| CUMMINS INC | 0.006196 | ✓ |
| MCDONALDS CORP | 0.006183 | ✓ |
| SKYWORKS SOLUTIONS INC | 0.006158 | ✓ |
| ANNALY CAPITAL MGMT INC REIT | 0.006141 | ✓ |
| PRUDENTL FINL | 0.005966 | ✓ |

## RACWI US ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| NVIDIA CORP | 0.075280 | ✓ |
| APPLE INC | 0.067613 | ✓ |
| ALPHABET INC CL A | 0.055508 | ✓ |
| MICROSOFT CORP | 0.050730 | ✓ |
| AMAZON.COM INC | 0.037295 | ✓ |
| BROADCOM INC | 0.026578 |  |
| META PLATFORMS INC CL A | 0.023103 | ✓ |
| TESLA INC | 0.022897 | ✓ |
| BERKSHIRE HATH-B | 0.016400 | ✓ |
| LILLY ELI and CO | 0.014490 | ✓ |
| JPMORGAN CHASE and CO | 0.014445 |  |
| EXXON MOBIL CORP | 0.013161 | ✓ |
| JOHNSON&JOHNSON | 0.010882 | ✓ |
| WALMART INC | 0.009922 |  |
| VISA INC-CLASS A | 0.009319 | ✓ |
| COSTCO WHOLESALE CORP | 0.008072 | ✓ |
| NETFLIX INC | 0.007444 |  |
| MASTERCARD INC CL A | 0.007411 |  |
| CHEVRON CORP | 0.007184 | ✓ |
| ABBVIE INC | 0.007069 | ✓ |
| MICRON TECHNOLOGY INC | 0.006947 | ✓ |
| PROCTER & GAMBLE | 0.006257 | ✓ |
| CATERPILLAR INC | 0.006128 | ✓ |
| HOME DEPOT INC | 0.006067 | ✓ |
| BANK OF AMERICA CORPORATION | 0.006042 | ✓ |
| ADV MICRO DEVICE | 0.006009 |  |
| MERCK & CO | 0.005508 | ✓ |
| GENERAL ELECTRIC CO | 0.005277 | ✓ |
| CISCO SYSTEMS INC | 0.005195 |  |
| APPLIED MATERIALS INC | 0.005052 |  |
| COCA-COLA CO/THE | 0.004942 |  |
| LAM RESEARCH CORP | 0.004900 |  |
| PHILIP MORRIS INTL INC | 0.004752 |  |
| RTX CORP | 0.004688 | ✓ |
| ORACLE CORP | 0.004639 |  |
| GOLDMAN SACHS GROUP INC | 0.004618 | ✓ |
| WELLS FARGO & CO | 0.004600 |  |
| UNITEDHEALTH GRP | 0.004485 | ✓ |
| GE VERNOVA LLC | 0.004308 |  |
| Linde PLC | 0.004226 |  |
| FRST AM-GV OB-X | 0.004119 |  |
| MCDONALDS CORP | 0.004067 | ✓ |
| INTL BUS MACH CORP | 0.004036 |  |
| PEPSICO INC | 0.003975 | ✓ |
| AT&T INC | 0.003825 | ✓ |
| CITIGROUP INC | 0.003797 | ✓ |
| MORGAN STANLEY | 0.003667 |  |
| NEXTERA ENERGY INC | 0.003602 | ✓ |
| KLA CORP | 0.003560 |  |
| VERIZON COMMUNICATIONS INC | 0.003559 | ✓ |


## Sources

- N-PORT (fund A) — accession `0000035402-26-002115` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/945908/000003540226002115/0000035402-26-002115-index.htm>
- N-PORT (fund B) — accession `0001592900-26-002770` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1592900/000159290026002770/0001592900-26-002770-index.htm>

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_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

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