AFLG vs. FELG ETF Comparison

Comparison of Active Factor Large Cap ETF (AFLG) to Fidelity Enhanced Large Cap Growth ETF (FELG)

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.73

Average Daily Volume

35,934

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

FELG

Fidelity Enhanced Large Cap Growth ETF

FELG Description

The fund will invest at least 80% of assets in common stocks included in the Russell 1000® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.54

Average Daily Volume

218,971

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AFLG	FELG
30 Days	4.50%	3.26%
60 Days	5.60%	5.11%
90 Days	7.89%	6.08%
12 Months	37.65%	36.88%

46 Overlapping Holdings

Symbol	Grade	Weight in AFLG	Weight in FELG	Overlap
AAPL	C	7.06%	12.05%	7.06%
ABBV	D	0.82%	0.94%	0.82%
ADBE	C	0.31%	1.29%	0.31%
ALLE	D	0.01%	0.33%	0.01%
AMAT	F	0.34%	0.94%	0.34%
AMZN	C	1.78%	6.62%	1.78%
ANET	C	0.13%	0.83%	0.13%
APP	B	1.29%	0.31%	0.31%
AVGO	D	1.27%	3.11%	1.27%
BAH	F	0.17%	0.11%	0.11%
BBWI	D	0.13%	0.45%	0.13%
BKNG	A	0.28%	1.1%	0.28%
BMY	B	0.58%	0.54%	0.54%
CAT	B	0.56%	0.32%	0.32%
CMG	B	0.32%	0.77%	0.32%
COST	B	0.9%	0.91%	0.9%
CRM	B	0.59%	0.59%	0.59%
CTAS	B	0.7%	0.66%	0.66%
CVNA	B	0.07%	0.07%	0.07%
DASH	A	0.06%	0.72%	0.06%
ECL	D	0.52%	0.7%	0.52%
GILD	C	0.57%	0.5%	0.5%
GOOGL	C	2.04%	3.57%	2.04%
GRMN	B	0.41%	0.54%	0.41%
HWM	A	0.46%	0.55%	0.46%
INCY	C	0.22%	0.5%	0.22%
KLAC	D	0.1%	0.79%	0.1%
LLY	F	0.42%	1.54%	0.42%
LMT	D	0.34%	0.62%	0.34%
MA	C	0.21%	2.02%	0.21%
META	D	1.8%	4.74%	1.8%
MRK	F	0.62%	1.35%	0.62%
MSFT	F	4.6%	10.23%	4.6%
MSI	B	0.39%	0.65%	0.39%
NFLX	A	0.91%	1.81%	0.91%
NVDA	C	5.45%	11.91%	5.45%
QCOM	F	0.88%	1.12%	0.88%
SCCO	F	0.11%	0.14%	0.11%
SPG	B	0.58%	0.56%	0.56%
TJX	A	0.38%	0.77%	0.38%
TMUS	B	0.35%	0.5%	0.35%
TPL	A	0.08%	0.03%	0.03%
TT	A	0.49%	0.63%	0.49%
V	A	0.3%	1.2%	0.3%
WMT	A	0.61%	0.13%	0.13%
ZM	B	0.23%	0.51%	0.23%

AFLG Overweight 202 Positions Relative to FELG

Symbol	Grade	Weight
BRK.A	B	1.57%
VST	B	1.26%
HIG	B	1.11%
MO	A	0.99%
UHS	D	0.89%
PG	A	0.84%
NRG	B	0.81%
FICO	B	0.8%
RL	B	0.79%
AFL	B	0.75%
XOM	B	0.74%
BK	A	0.73%
PGR	A	0.73%
JNJ	D	0.7%
EME	C	0.68%
BSX	B	0.68%
ELV	F	0.67%
RS	B	0.66%
SNA	A	0.63%
NTAP	C	0.63%
CEG	D	0.62%
FFIV	B	0.6%
CL	D	0.58%
APH	A	0.58%
PEG	A	0.57%
COR	B	0.57%
MMM	D	0.55%
GDDY	A	0.55%
ETN	A	0.55%
CMCSA	B	0.55%
FOXA	B	0.55%
MCK	B	0.53%
PHM	D	0.52%
FE	C	0.52%
CMI	A	0.51%
MAS	D	0.5%
VZ	C	0.49%
HPQ	B	0.49%
STLD	B	0.47%
MAA	B	0.47%
BBY	D	0.47%
NVR	D	0.47%
TPR	B	0.47%
KR	B	0.47%
CVX	A	0.45%
CTSH	B	0.45%
VICI	C	0.44%
IBM	C	0.44%
CSCO	B	0.44%
GLPI	C	0.42%
CF	B	0.42%
CNA	B	0.42%
WSM	B	0.41%
AXP	A	0.41%
ICE	C	0.4%
PCAR	B	0.39%
CSL	C	0.39%
HSIC	B	0.39%
IBKR	A	0.39%
WAB	B	0.38%
CBOE	B	0.38%
AOS	F	0.38%
NUE	C	0.37%
HST	C	0.37%
HLT	A	0.36%
TRGP	B	0.36%
PKG	A	0.36%
FIS	C	0.36%
RHI	B	0.36%
OC	A	0.36%
PM	B	0.35%
IP	B	0.34%
BLDR	D	0.33%
KO	D	0.33%
WELL	A	0.32%
EA	A	0.32%
DHI	D	0.32%
LEN	D	0.32%
VLO	C	0.31%
LOW	D	0.31%
BRO	B	0.3%
EVRG	A	0.29%
RF	A	0.29%
WU	D	0.29%
SYF	B	0.29%
DVN	F	0.29%
AIG	B	0.28%
VSCO	B	0.28%
DECK	A	0.28%
CFG	B	0.27%
UNH	C	0.27%
OGN	D	0.27%
MANH	D	0.25%
SOLV	C	0.25%
MTCH	D	0.25%
ED	D	0.25%
LII	A	0.25%
ERIE	D	0.24%
FDX	B	0.24%
EIX	B	0.23%
CME	A	0.23%
PH	A	0.23%
KEYS	A	0.22%
ACN	C	0.22%
VRSN	F	0.21%
VTR	C	0.21%
ALNY	D	0.21%
WPC	D	0.21%
EXPE	B	0.21%
NWSA	B	0.2%
GWW	B	0.2%
TROW	B	0.2%
SWKS	F	0.2%
PPG	F	0.19%
SHW	A	0.19%
CNC	D	0.19%
CVS	D	0.18%
JBL	B	0.18%
L	A	0.18%
T	A	0.18%
HUM	C	0.17%
BEN	C	0.17%
AZO	C	0.17%
ACGL	D	0.17%
TOL	B	0.16%
AMP	A	0.16%
GL	B	0.16%
AIZ	A	0.16%
LKQ	D	0.16%
VRT	B	0.16%
CI	F	0.15%
EG	C	0.15%
CPT	B	0.15%
GE	D	0.15%
SYK	C	0.15%
ULTA	F	0.14%
DELL	C	0.14%
MPC	D	0.13%
LDOS	C	0.13%
SO	D	0.13%
IT	C	0.12%
FI	A	0.12%
CAH	B	0.11%
RPM	A	0.11%
RMD	C	0.1%
GEN	B	0.1%
EQR	B	0.1%
VTRS	A	0.1%
EBAY	D	0.1%
KHC	F	0.1%
ETSY	D	0.09%
PSX	C	0.09%
PRU	A	0.09%
SSNC	B	0.09%
CRBG	B	0.09%
BLK	C	0.09%
LH	C	0.09%
ALL	A	0.08%
J	F	0.08%
DXC	B	0.08%
MOH	F	0.08%
SPGI	C	0.08%
BG	F	0.07%
LYB	F	0.07%
IPG	D	0.07%
TXT	D	0.07%
ROL	B	0.06%
SNPS	B	0.06%
DINO	D	0.06%
WSO	A	0.06%
ADM	D	0.06%
ZION	B	0.06%
ORLY	B	0.06%
UDR	B	0.05%
PPL	B	0.05%
NXPI	D	0.05%
DPZ	C	0.05%
ESS	B	0.05%
AVB	B	0.05%
WTW	B	0.05%
QRVO	F	0.05%
MCO	B	0.05%
EPAM	C	0.05%
CDNS	B	0.05%
STT	A	0.05%
PSA	D	0.05%
KMB	D	0.05%
PINS	D	0.04%
AMCR	D	0.04%
PFG	D	0.04%
HOLX	D	0.04%
ROST	C	0.04%
IVZ	B	0.04%
MET	A	0.04%
DKS	C	0.04%
UTHR	C	0.04%
MOS	F	0.03%
CDW	F	0.03%
WBA	F	0.03%
BWA	D	0.03%
EQH	B	0.0%
TDG	D	0.0%

AFLG Underweight 33 Positions Relative to FELG

Symbol	Grade	Weight
TSLA	B	-3.47%
GOOG	C	-2.52%
UBER	D	-0.98%
LRCX	F	-0.82%
UNP	C	-0.74%
WDAY	B	-0.71%
SQ	B	-0.66%
FTNT	C	-0.65%
HD	A	-0.62%
SCHW	B	-0.59%
EXEL	B	-0.57%
ANF	C	-0.52%
LYFT	C	-0.51%
NOW	A	-0.51%
NTRA	B	-0.5%
NOC	D	-0.49%
ORCL	B	-0.46%
DBX	B	-0.43%
MPWR	F	-0.4%
IDXX	F	-0.39%
AXON	A	-0.32%
TW	A	-0.31%
TDC	D	-0.3%
MSCI	C	-0.26%
NU	C	-0.19%
CLX	B	-0.18%
PEP	F	-0.15%
MEDP	D	-0.12%
INTU	C	-0.11%
ISRG	A	-0.1%
ZBRA	B	-0.09%
MORN	B	-0.07%
AMD	F	-0.01%