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FQALvsSLTYETF Comparison

ETF 1
FQAL

Fidelity Quality Factor ETF

This fund is part of
US Multi-Factor
+0.52%
VS
ETF 2
SLTY

YieldMax Ultra Short Option Income Strategy ETF

This fund is part of
Alternatives
+0.56%

Fidelity Quality Factor ETF (FQAL) belongs to the US Multi-Factor segment. YieldMax Ultra Short Option Income Strategy ETF (SLTY) is part of the Alternatives segment. FQAL's top 3 sector exposures are Information Technology, Consumer Discretionary and Financials. In contrast, SLTY's top sector exposures are Consumer Discretionary, Communication Services and Industrials. FQAL is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 1.24% for SLTY. FQAL is up 3.57% year-to-date (YTD) with +$164M in YTD flows. SLTY performs worse with -4.65% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of FQAL and SLTY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FQAL vs SLTY performance and flow charts

Performance

-6.0-4.0-2.00.02.04.06.08.0%Mar 24Mar 31Apr 8Apr 15Apr 22

Cumulative Flows

0 M20 M40 M60 M80 M100 M120 MMar 24Mar 31Apr 8Apr 15Apr 22

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 04/24/2026
1M3MYTD1Y3Y5Y
Perf.
FQAL
SLTY
+7.36%-3.89%
+1.94%+5.01%
+3.57%-4.65%
+26.03%n/a
+69.91%n/a
+74.31%n/a
Flows
FQAL
SLTY
+$127M+$4M
+$164M+$6M
+$164M+$3M
+$127M-
+$679M-
+$765M-
Volatility and drawdown
3M1Y3Y5Y
Volatility
FQAL
SLTY
+14.29%+13.81%
+11.66%n/a
+14.08%n/a
+16.30%n/a
Max drawdown
FQAL
SLTY
-8.44%-8.17%
-8.44%n/a
-16.70%n/a
-25.39%n/a
Max drawdown duration
FQAL
SLTY
50d25d
50dn/a
126dn/a
750dn/a
Trading data

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FQAL
SLTY
Last sale
4/24/2026 at 1:30 PM
$78.04
$26.41
Previous close
04/24/2026
$77.69
$26.29
Consolidated volume
04/24/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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SLTY
is actively managed and doesn’t replicate an index

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FQAL
SLTY
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/24/2026 at 1:30 PM
Live
Closed
FQAL
SLTY
Last price
$78.04
$26.41
1D performance
+0.45%
+0.47%
AuM$1.36 B$20.54 M
E/R0.15%1.24%
Characteristics
FQAL
SLTY
Management strategyPassiveActive
ProviderFidelityYieldMax ETFs
BenchmarkFidelity U.S. Quality Factor Index-
N° of holdings11924
Asset classEquities-
Trailing 12m distribution yield
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Inception dateSeptember 12, 2016August 21, 2025
ESGNoNo
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Exposure

Countries

FQAL
USA
98.02%
Other
1.98%
SLTY
Data will be available soon

Sectors

FQAL
Information Techn.
33.75%
Consumer Discreti.
10.06%
Financials
9.97%
Health Care
9.7%
Communication Ser.
9.5%
Industrials
9.22%
Other
17.8%
SLTY
Data will be available soon
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Diversification

FQAL

Total weight of top 15 holdings out of 15

41.93%
SLTY
Data will be available soon

Top 15 holdings

Data as of March 31, 2026
FQAL
NVIDIA
7.44%
APPLE
6.74%
MICROSOFT-T
4.99%
ALPHABET INC-CL
4.97%
BROADCOM LIMITED
3.01%
META PLATFORMS
2.08%
JPMORGAN CHASE
1.84%
LILLY
1.57%
JOHNSON&JOHNSON
1.50%
EXXON
1.43%
VISA INCORPORATION
1.38%
HOME DEPOT
1.29%
MCDONALD'S
1.25%
PALANTIR TECHNOLOGIES
1.22%
MASTERCARD
1.21%
SLTY
Data will be available soon
Frequently asked questions about FQAL and SLTY

How have the FQAL and SLTY ETFs performed in 2026?

As of April 24, 2026, FQAL is up 3.57% year-to-date (YTD), while SLTY has lost -4.65%. That puts FQAL better performer ahead so far this year.

Which ETF is attracting more investor money: FQAL or SLTY?

Year-to-date, the FQAL ETF saw +$164M in flows, compared to +$3M for SLTY.

Which ETF is bigger: FQAL or SLTY?

As of April 24, 2026, FQAL holds $1.36 B in assets under management (AUM), while SLTY manages $20.54 M.

What are the top holdings of the FQAL ETF and SLTY ETF?

FQAL top holdings include NVIDIA, APPLE and MICROSOFT-T. SLTY holds in its top three: US912797RG48, US912797RF64 and US912797RS85.

Which ETF is more diversified: FQAL or SLTY?

FQAL holds 123 securities with 41.93% of its assets in the top 15. SLTY has 30 securities and a top 15 weight of 51.67%.

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