APUE vs. FFLG ETF Comparison

Comparison of Trust for Professional Managers ActivePassive U.S. Equity ETF (APUE) to Fidelity Fundamental Large Cap Growth ETF (FFLG)

APUE

Trust for Professional Managers ActivePassive U.S. Equity ETF

APUE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the CRSP U.S. Total Market Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$36.75

Average Daily Volume

85,016

Number of Holdings ^*

293

* may have additional holdings in another (foreign) market

FFLG

Fidelity Fundamental Large Cap Growth ETF

FFLG Description

FFLG seeks to achieve long-term capital growth by investing in large-cap companies believed to have above-average growth potential. The adviser generally defines large-caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Growth is measured based on factors such as earnings or revenue. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund invests in both US and non-US companies. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity Growth Opportunities ETF under the ticker FGRO. The fund previously used a semitransparent ETF structure

Grade (RS Rating)

Last Trade

$25.03

Average Daily Volume

30,102

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	APUE	FFLG
30 Days	3.74%	2.46%
60 Days	4.87%	5.66%
90 Days	6.08%	6.27%
12 Months	33.10%	40.11%

42 Overlapping Holdings

Symbol	Grade	Weight in APUE	Weight in FFLG	Overlap
AAPL	C	5.79%	12.07%	5.79%
ABNB	C	0.11%	0.52%	0.11%
AMZN	C	3.5%	7.12%	3.5%
AVGO	D	1.41%	0.3%	0.3%
BRKR	D	0.13%	0.36%	0.13%
BSX	B	0.28%	1.72%	0.28%
CMG	B	0.12%	0.49%	0.12%
COIN	C	0.15%	0.45%	0.15%
CRM	B	0.62%	0.75%	0.62%
CSGP	D	0.06%	0.39%	0.06%
CVNA	B	0.05%	0.57%	0.05%
DHR	F	0.39%	0.68%	0.39%
FSLR	F	0.04%	0.33%	0.04%
GE	D	0.47%	0.9%	0.47%
GEV	B	0.14%	0.44%	0.14%
GOOG	C	1.63%	2.82%	1.63%
GOOGL	C	1.98%	2.48%	1.98%
HOLX	D	0.12%	0.12%	0.12%
HWM	A	0.16%	0.5%	0.16%
ICE	C	0.15%	0.54%	0.15%
IR	B	0.05%	0.51%	0.05%
LLY	F	1.16%	1.46%	1.16%
LOW	D	0.35%	1.57%	0.35%
MA	C	0.59%	1.95%	0.59%
META	D	2.28%	5.34%	2.28%
MNST	C	0.04%	0.52%	0.04%
MPWR	F	0.06%	0.85%	0.06%
MSFT	F	5.41%	9.14%	5.41%
MU	D	0.16%	0.73%	0.16%
NFLX	A	0.74%	2.02%	0.74%
NVDA	C	5.97%	12.31%	5.97%
PM	B	0.25%	0.24%	0.24%
REGN	F	0.18%	0.59%	0.18%
SQ	B	0.06%	0.31%	0.06%
TGT	F	0.16%	0.07%	0.07%
TJX	A	0.32%	0.63%	0.32%
TMO	F	0.29%	0.57%	0.29%
TMUS	B	0.41%	0.88%	0.41%
UBER	D	0.29%	2.21%	0.29%
UNH	C	1.04%	0.62%	0.62%
WMT	A	0.93%	0.49%	0.49%
XOM	B	0.99%	0.53%	0.53%

APUE Overweight 251 Positions Relative to FFLG

Symbol	Grade	Weight
DFAS	A	4.83%
BRK.A	B	1.84%
TSLA	B	1.68%
JPM	A	1.5%
PG	A	0.99%
JNJ	D	0.89%
COST	B	0.81%
V	A	0.64%
WFC	A	0.62%
ABBV	D	0.6%
HD	A	0.59%
ACN	C	0.58%
INTU	C	0.49%
BAC	A	0.49%
QCOM	F	0.48%
NOW	A	0.47%
ADBE	C	0.47%
MO	A	0.47%
SPG	B	0.46%
AMD	F	0.45%
DIS	B	0.44%
T	A	0.43%
ISRG	A	0.43%
APH	A	0.43%
ORCL	B	0.42%
KO	D	0.42%
IBM	C	0.42%
AER	B	0.42%
AFL	B	0.41%
DUK	C	0.4%
ETN	A	0.39%
AXP	A	0.39%
AMAT	F	0.39%
VZ	C	0.38%
CSCO	B	0.38%
C	A	0.38%
UNP	C	0.38%
AWI	A	0.38%
SYK	C	0.38%
CHDN	B	0.38%
BK	A	0.37%
MUSA	A	0.37%
WTM	A	0.37%
MRK	F	0.35%
PH	A	0.33%
MDT	D	0.33%
FI	A	0.33%
LIN	D	0.33%
GS	A	0.32%
PEP	F	0.32%
ENTG	D	0.31%
DECK	A	0.31%
CTAS	B	0.31%
CVX	A	0.31%
PCAR	B	0.31%
HCA	F	0.31%
HON	B	0.3%
EQR	B	0.3%
COF	B	0.3%
BLK	C	0.3%
ETR	B	0.3%
BR	A	0.29%
CAT	B	0.29%
PHM	D	0.29%
TXN	C	0.29%
ADI	D	0.29%
MDLZ	F	0.28%
SNA	A	0.27%
POST	C	0.27%
LANC	C	0.27%
GWW	B	0.27%
AXTA	A	0.27%
CMCSA	B	0.27%
SHW	A	0.27%
PGR	A	0.26%
ZBRA	B	0.26%
URI	B	0.26%
SPGI	C	0.26%
WAT	B	0.26%
VICI	C	0.25%
ABT	B	0.25%
THG	A	0.25%
BX	A	0.25%
L	A	0.25%
LW	C	0.25%
PFE	D	0.25%
MAS	D	0.24%
COP	C	0.24%
ANET	C	0.24%
MCD	D	0.23%
JKHY	D	0.23%
NEU	C	0.23%
MS	A	0.23%
CACC	D	0.23%
CWST	A	0.22%
GM	B	0.22%
AEP	D	0.22%
AMT	D	0.22%
QLYS	C	0.22%
DHI	D	0.22%
SO	D	0.22%
VRTX	F	0.21%
KKR	A	0.21%
RTX	C	0.21%
LEN	D	0.2%
DASH	A	0.2%
LRCX	F	0.2%
NEE	D	0.2%
KLAC	D	0.19%
PPL	B	0.19%
TTC	D	0.19%
ESI	A	0.19%
WAB	B	0.18%
FR	C	0.18%
PLD	D	0.18%
FDX	B	0.18%
BMY	B	0.18%
AMGN	D	0.18%
NI	A	0.18%
ROP	B	0.17%
ADP	B	0.17%
TT	A	0.17%
CBOE	B	0.17%
PANW	C	0.17%
CCL	B	0.16%
EVRG	A	0.16%
GILD	C	0.16%
IRM	D	0.16%
IP	B	0.16%
GDDY	A	0.16%
FCX	D	0.16%
PYPL	B	0.15%
ESS	B	0.15%
REYN	D	0.15%
LMT	D	0.15%
ED	D	0.15%
GRMN	B	0.15%
TXT	D	0.15%
TREX	C	0.15%
CARR	D	0.15%
DE	A	0.15%
LEN	D	0.15%
WY	D	0.14%
UNF	B	0.14%
DOV	A	0.14%
FOX	A	0.14%
MTN	C	0.14%
AIG	B	0.14%
PEG	A	0.14%
DGX	A	0.13%
FOXA	B	0.13%
EMR	A	0.13%
BALL	D	0.13%
WELL	A	0.13%
ZBH	C	0.13%
KMB	D	0.13%
MPC	D	0.13%
FNF	B	0.13%
CRWD	B	0.13%
ECL	D	0.12%
PCG	A	0.12%
HIG	B	0.12%
CEG	D	0.11%
PLTR	B	0.11%
PWR	A	0.11%
CPRT	A	0.11%
EOG	A	0.11%
MCK	B	0.11%
SYF	B	0.11%
STLD	B	0.11%
CMI	A	0.11%
CAH	B	0.1%
CL	D	0.1%
UPS	C	0.1%
SNPS	B	0.1%
AEE	A	0.1%
SWKS	F	0.1%
DD	D	0.1%
CNNE	B	0.09%
ZTS	D	0.09%
A	D	0.09%
EFX	F	0.09%
APD	A	0.09%
STT	A	0.09%
CABO	C	0.09%
KR	B	0.09%
RCL	A	0.08%
DLR	B	0.08%
DRI	B	0.08%
ALL	A	0.08%
COR	B	0.08%
CCI	D	0.08%
AON	A	0.08%
AVB	B	0.08%
ROK	B	0.08%
KVUE	A	0.07%
CRBG	B	0.07%
TW	A	0.07%
LNG	B	0.07%
PKG	A	0.07%
MKL	A	0.07%
CBRE	B	0.07%
NEM	D	0.07%
ARE	D	0.07%
BEN	C	0.07%
CTSH	B	0.07%
KHC	F	0.07%
EXR	D	0.07%
DVN	F	0.06%
CB	C	0.06%
ROST	C	0.06%
BA	F	0.06%
APO	B	0.06%
CTVA	C	0.06%
NDAQ	A	0.06%
RBLX	C	0.06%
GD	F	0.06%
ACGL	D	0.06%
VLO	C	0.06%
DAL	C	0.05%
DELL	C	0.05%
CVS	D	0.05%
RSG	A	0.05%
NTAP	C	0.05%
GPN	B	0.05%
GEN	B	0.05%
CI	F	0.05%
SLB	C	0.05%
IBKR	A	0.05%
PSX	C	0.05%
EW	C	0.05%
NWS	B	0.05%
PFG	D	0.04%
NUE	C	0.04%
EG	C	0.04%
CTRA	B	0.04%
ELV	F	0.04%
HUBB	B	0.04%
J	F	0.04%
VLTO	D	0.03%
ADM	D	0.03%
CNC	D	0.03%
UAL	A	0.03%
MSTR	C	0.03%
DTE	C	0.02%
SMCI	F	0.02%
RKT	F	0.02%
DLTR	F	0.02%
WPC	D	0.02%
GIS	D	0.01%
HST	C	0.0%

APUE Underweight 49 Positions Relative to FFLG

Symbol	Grade	Weight
TSM	B	-1.96%
NXPI	D	-1.37%
ASML	F	-1.3%
CDNS	B	-0.86%
LULU	C	-0.8%
ON	D	-0.76%
HUBS	A	-0.76%
ALNY	D	-0.71%
MRVL	B	-0.7%
FLEX	A	-0.69%
MDB	C	-0.63%
BLD	D	-0.58%
BLDR	D	-0.57%
SHOP	B	-0.55%
KDP	D	-0.55%
RH	B	-0.48%
EME	C	-0.46%
SNAP	C	-0.44%
PODD	C	-0.42%
NTNX	A	-0.42%
ROKU	D	-0.38%
FIX	A	-0.37%
DPZ	C	-0.33%
HQY	B	-0.33%
FLYW	C	-0.32%
VMC	B	-0.32%
EXAS	D	-0.3%
NVO	D	-0.28%
ARGX	A	-0.27%
HOOD	B	-0.26%
PCVX	D	-0.24%
TEVA	D	-0.24%
DKS	C	-0.23%
ITCI	C	-0.22%
TMDX	F	-0.21%
ATI	D	-0.19%
RRC	B	-0.19%
AZN	D	-0.18%
LYFT	C	-0.18%
IONS	F	-0.16%
NUVL	D	-0.16%
RIVN	F	-0.14%
MRNA	F	-0.13%
SE	B	-0.13%
RDDT	B	-0.12%
ROIV	C	-0.1%
IDYA	F	-0.09%
LEGN	F	-0.07%
W	F	-0.03%