AUSF vs. FELC ETF Comparison

Comparison of Global X Adaptive U.S. Factor ETF (AUSF) to Fidelity Enhanced Large Cap Core ETF (FELC)

AUSF

Global X Adaptive U.S. Factor ETF

AUSF Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Factor Index (the "index"). The fund invests at least 80% of its total assets in the securities of the index. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.62

Average Daily Volume

36,554

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

FELC

Fidelity Enhanced Large Cap Core ETF

FELC Description

The fund will normally invest at least 80% of assets in common stocks included in the S&P 500® Index, which is a market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance. 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.

Grade (RS Rating)

Last Trade

$33.43

Average Daily Volume

581,796

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	AUSF	FELC
30 Days	4.22%	3.27%
60 Days	5.67%	5.09%
90 Days	7.18%	6.09%
12 Months	33.52%	33.74%

51 Overlapping Holdings

Symbol	Grade	Weight in AUSF	Weight in FELC	Overlap
AAPL	C	0.1%	7.38%	0.1%
ABBV	D	0.14%	1.02%	0.14%
ADP	B	1.43%	0.2%	0.2%
AMGN	D	0.07%	0.33%	0.07%
BDX	F	0.08%	0.62%	0.08%
BRK.A	B	1.5%	2.25%	1.5%
C	A	0.53%	0.02%	0.02%
CACI	D	0.18%	0.4%	0.18%
CAH	B	0.08%	0.31%	0.08%
CI	F	0.08%	0.63%	0.08%
CL	D	0.07%	0.47%	0.07%
CMCSA	B	0.51%	0.86%	0.51%
CME	A	1.39%	0.5%	0.5%
COST	B	0.12%	0.31%	0.12%
CSCO	B	1.41%	0.66%	0.66%
CVS	D	0.49%	0.25%	0.25%
CVX	A	0.09%	0.01%	0.01%
ECL	D	0.07%	0.63%	0.07%
ED	D	0.08%	0.15%	0.08%
GAP	C	0.47%	0.22%	0.22%
GRMN	B	0.13%	0.22%	0.13%
JNJ	D	1.34%	0.74%	0.74%
KR	B	0.12%	0.03%	0.03%
LDOS	C	0.1%	0.24%	0.1%
LMT	D	1.4%	0.71%	0.71%
MA	C	0.08%	1.36%	0.08%
MCK	B	0.09%	0.06%	0.06%
MMC	B	1.42%	0.29%	0.29%
MRK	F	1.0%	0.99%	0.99%
MSI	B	0.09%	0.5%	0.09%
NOC	D	0.08%	0.6%	0.08%
PCAR	B	0.52%	0.52%	0.52%
PEP	F	0.66%	0.05%	0.05%
PFE	D	0.43%	0.42%	0.42%
PG	A	0.83%	0.72%	0.72%
PGR	A	0.18%	0.74%	0.18%
RSG	A	1.56%	0.24%	0.24%
RTX	C	1.4%	0.7%	0.7%
SOLV	C	0.47%	0.09%	0.09%
SWKS	F	0.43%	0.03%	0.03%
T	A	1.9%	0.73%	0.73%
TJX	A	0.08%	0.59%	0.08%
TMUS	B	1.59%	0.31%	0.31%
TRV	B	0.12%	0.43%	0.12%
UNH	C	0.08%	0.57%	0.08%
UNM	A	0.65%	0.12%	0.12%
V	A	1.51%	0.82%	0.82%
VZ	C	1.83%	0.06%	0.06%
WM	A	1.38%	0.32%	0.32%
WMT	A	1.56%	1.14%	1.14%
XOM	B	0.08%	1.56%	0.08%

AUSF Overweight 139 Positions Relative to FELC

Symbol	Grade	Weight
BSX	B	1.54%
COR	B	1.51%
EA	A	1.43%
ICE	C	1.41%
IBM	C	1.37%
JNPR	F	1.36%
LIN	D	1.35%
GD	F	1.33%
EDR	A	1.32%
ACI	C	1.29%
DOX	D	1.25%
KO	D	1.03%
CBOE	B	0.94%
BR	A	0.84%
DTM	B	0.7%
MCD	D	0.7%
KMI	A	0.66%
MO	A	0.65%
TPR	B	0.63%
MARA	C	0.62%
IP	B	0.59%
OKE	A	0.58%
SYF	B	0.58%
FHN	A	0.57%
WBS	A	0.57%
UMBF	B	0.56%
ZION	B	0.56%
FNB	A	0.56%
VTRS	A	0.56%
CMA	A	0.55%
WHR	B	0.55%
ONB	B	0.55%
ABG	B	0.55%
RF	A	0.55%
AL	B	0.55%
CFG	B	0.55%
PB	A	0.55%
COLB	A	0.55%
UBSI	B	0.55%
HBAN	A	0.55%
LAD	A	0.55%
LBRDK	C	0.54%
OZK	B	0.54%
INTC	D	0.54%
HPE	B	0.54%
CADE	B	0.54%
PVH	C	0.53%
TAP	C	0.53%
BEN	C	0.53%
GM	B	0.52%
ALLY	C	0.52%
LNC	B	0.52%
HPQ	B	0.52%
AM	A	0.52%
NOV	C	0.52%
BCC	B	0.51%
CIVI	D	0.51%
SLG	B	0.51%
CNH	C	0.51%
CNC	D	0.5%
CHRD	D	0.5%
CHE	D	0.5%
JXN	C	0.5%
DINO	D	0.49%
NXST	C	0.49%
BG	F	0.49%
AGNC	D	0.49%
STWD	C	0.49%
QGEN	D	0.49%
HST	C	0.49%
MOS	F	0.48%
SNX	C	0.48%
X	C	0.48%
CRBG	B	0.48%
BWA	D	0.48%
UGI	A	0.48%
VICI	C	0.48%
RDN	C	0.48%
AVT	C	0.48%
KRC	C	0.47%
EMN	D	0.47%
SON	D	0.47%
HOG	D	0.47%
ADM	D	0.47%
TDG	D	0.47%
M	D	0.47%
RPRX	D	0.47%
RNR	C	0.47%
WU	D	0.46%
BBY	D	0.46%
LYB	F	0.46%
MDT	D	0.45%
CAG	D	0.45%
FMC	D	0.45%
LEA	D	0.44%
KHC	F	0.43%
ARW	D	0.43%
WBA	F	0.43%
DOW	F	0.42%
HII	D	0.42%
OGN	D	0.42%
CE	F	0.29%
YUM	B	0.26%
TW	A	0.14%
SO	D	0.12%
CHD	B	0.12%
VRSK	A	0.1%
DUK	C	0.1%
ORI	A	0.1%
SNA	A	0.1%
GDDY	A	0.1%
WMB	A	0.1%
AFL	B	0.1%
ATR	B	0.09%
PNW	B	0.09%
AME	A	0.09%
PKG	A	0.09%
WRB	A	0.09%
INGR	B	0.08%
FI	A	0.08%
HOLX	D	0.08%
HIG	B	0.08%
CB	C	0.08%
VRSN	F	0.08%
MDLZ	F	0.07%
FE	C	0.07%
VRTX	F	0.07%
CTLT	B	0.07%
KMB	D	0.07%
K	A	0.07%
HON	B	0.07%
AJG	B	0.07%
ATO	A	0.07%
DGX	A	0.07%
ROP	B	0.07%
WELL	A	0.07%
L	A	0.07%
AKAM	D	0.06%
REGN	F	0.05%

AUSF Underweight 119 Positions Relative to FELC

Symbol	Grade	Weight
NVDA	C	-7.39%
MSFT	F	-5.68%
AMZN	C	-3.93%
META	D	-2.89%
GOOGL	C	-2.05%
JPM	A	-1.94%
GOOG	C	-1.9%
AVGO	D	-1.72%
TSLA	B	-1.31%
NFLX	A	-1.3%
HD	A	-1.29%
BAC	A	-1.2%
CRM	B	-1.15%
PM	B	-0.94%
ADBE	C	-0.94%
QCOM	F	-0.88%
NEE	D	-0.84%
SCHW	B	-0.8%
UNP	C	-0.76%
LLY	F	-0.76%
BMY	B	-0.75%
GILD	C	-0.74%
CTAS	B	-0.69%
AMAT	F	-0.68%
MU	D	-0.66%
DIS	B	-0.65%
KLAC	D	-0.63%
SPG	B	-0.59%
SQ	B	-0.58%
CAT	B	-0.57%
ABT	B	-0.56%
CVNA	B	-0.55%
NOW	A	-0.55%
EOG	A	-0.54%
CSX	B	-0.54%
DVN	F	-0.53%
TXT	D	-0.52%
DBX	B	-0.52%
TT	A	-0.52%
ZM	B	-0.51%
IGT	F	-0.46%
EXEL	B	-0.45%
LRCX	F	-0.44%
ANF	C	-0.42%
GE	D	-0.39%
SSNC	B	-0.38%
NSC	B	-0.38%
TDC	D	-0.37%
AON	A	-0.35%
CMG	B	-0.35%
PYPL	B	-0.34%
MSCI	C	-0.33%
TMO	F	-0.33%
ALLE	D	-0.33%
SPGI	C	-0.31%
MS	A	-0.31%
AXP	A	-0.31%
TROW	B	-0.31%
PPG	F	-0.3%
SEIC	B	-0.3%
MGM	D	-0.3%
INCY	C	-0.28%
CCL	B	-0.26%
AMT	D	-0.24%
SKYW	B	-0.23%
IDXX	F	-0.22%
LHX	C	-0.21%
LYFT	C	-0.21%
GL	B	-0.21%
MEDP	D	-0.21%
ALRM	C	-0.2%
NUE	C	-0.2%
OXY	D	-0.19%
DASH	A	-0.18%
WDAY	B	-0.16%
FTNT	C	-0.15%
GS	A	-0.15%
UBER	D	-0.14%
WTW	B	-0.14%
MMM	D	-0.13%
BKNG	A	-0.13%
TWLO	A	-0.13%
PNC	B	-0.12%
VST	B	-0.12%
QRVO	F	-0.12%
NBIX	C	-0.11%
NRG	B	-0.11%
CLX	B	-0.11%
ANET	C	-0.11%
BK	A	-0.11%
F	C	-0.11%
BLD	D	-0.11%
LNW	D	-0.11%
BBWI	D	-0.11%
BIIB	F	-0.1%
PEGA	A	-0.1%
WFC	A	-0.1%
HWM	A	-0.1%
PSA	D	-0.09%
VEEV	C	-0.08%
MKL	A	-0.08%
FR	C	-0.08%
ZBRA	B	-0.06%
DHI	D	-0.06%
STLD	B	-0.06%
ORCL	B	-0.05%
AXTA	A	-0.05%
SCCO	F	-0.05%
PLTK	B	-0.04%
ROST	C	-0.04%
GEHC	F	-0.04%
SYK	C	-0.03%
A	D	-0.03%
CRUS	D	-0.03%
LPLA	A	-0.03%
GPN	B	-0.02%
DOCU	A	-0.02%
WBD	C	-0.01%
AES	F	-0.01%