FQAL vs LDRX
Fidelity Quality Factor ETF against SGI Enhanced Market Leaders ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
54%
48 shared positions
Fee gap
44 bp
FQAL is cheaper
1-year return gap
2.9 pts
LDRX is ahead
Larger fund
FQAL
$1.4B
Side by side
| FQAL | LDRX | |
|---|---|---|
| Fund | Fidelity Quality Factor ETF | SGI Enhanced Market Leaders ETF |
| Issuer | Fidelity | SGI |
| Category | Quality | Multi-Factor |
| Expense ratio | 0.15% | 0.59% |
| Assets | $1.4B | $248M |
| Average daily dollar volume | $3.7M | $115K |
| Listed | Sep 12, 2016 | May 2, 2025 |
| FrenzyCap score | 74 | 27 |
| 1-month return | +2.3% | +3.2% |
| 3-month return | +3.6% | +5.3% |
| Year to date | +12.4% | +14.1% |
| 1-year return | +13.3% | +16.2% |
| 30-day volatility | 9.3% | 11.2% |
| Worst drawdown, 1 year | −8.8% | −11.4% |
| Trailing 12-month yield | 1.14% | 0.95% |
| Holdings | 127 | 102 |
| Top 10 weight | 35.6% | 55.6% |
| Look-through P/E | 24.4 | 25.8 |
| Holdings vs fair value | −0.2% | −1.5% |
| Holdings above 200-day average | 70% | 76% |
| Net flow, latest 3 reported months | −$20M thru Jul 2026 | +$10M thru May 2026 |
| 30-day implied volatility | 13.2% | — |
| Holdings as of | as of Apr 30, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
63% of FQAL · 68% of LDRX| Holding | FQAL | LDRX |
|---|---|---|
| NVDA | 7.47% | 10.73% |
| AAPL | 6.18% | 9.34% |
| GOOGL | 5.78% | 8.57% |
| MSFT | 4.72% | 6.99% |
| AVGO | 3.59% | 4.49% |
| META | 2.08% | 3.18% |
| JPM | 1.73% | 1.69% |
| LLY | 1.43% | 1.79% |
| V | 1.33% | 1.14% |
| XOM | 1.10% | 1.19% |
| JNJ | 1.25% | 1.07% |
| CSCO | 1.15% | 0.95% |
| LRCX | 1.15% | 0.90% |
| CAT | 1.03% | 0.84% |
| MA | 1.09% | 0.84% |
| AMAT | 1.19% | 0.80% |
| PLTR | 1.02% | 0.78% |
| ABBV | 0.97% | 0.75% |
| NFLX | 0.78% | 0.72% |
| GE | 0.75% | 0.70% |
| CVX | 0.71% | 0.68% |
| PG | 0.74% | 0.68% |
| HD | 1.12% | 0.66% |
| KO | 0.74% | 0.62% |
| MRK | 0.79% | 0.57% |
Sector mix of the stock holdings
| Sector | FQAL | LDRX | Gap |
|---|---|---|---|
| Technology | 38.5% | 55.2% | −16.7% |
| Industrials | 15.0% | 8.3% | +6.7% |
| Consumer Discretionary | 7.9% | 12.1% | −4.1% |
| Financials | 7.5% | 7.9% | −0.4% |
| Health Care | 7.3% | 6.9% | +0.4% |
| Consumer Staples | 4.8% | 3.0% | +1.8% |
| Energy | 2.8% | 2.1% | +0.6% |
| Communication Services | 2.0% | 1.8% | +0.1% |
| Utilities | 2.8% | 0.8% | +2.0% |
| Real Estate | 2.0% | 0.3% | +1.7% |
| Materials | 1.3% | 0.1% | +1.1% |
More: full overlap table · FQAL holdings · LDRX holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.