AVDE vs. FFLC ETF Comparison

Comparison of Avantis International Equity ETF (AVDE) to Fidelity Fundamental Large Cap Core ETF (FFLC)

AVDE

Avantis International Equity ETF

AVDE Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of non-U.S. companies across countries, market sectors and industry groups. It may invest in companies of all market capitalizations. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities. It also may invest in derivative instruments such as futures contracts, currency forwards, and swap agreements.

Grade (RS Rating)

Last Trade

$66.32

Average Daily Volume

224,425

Number of Holdings ^*

113

* may have additional holdings in another (foreign) market

FFLC

Fidelity Fundamental Large Cap Core ETF

FFLC Description

FFLC seeks to achieve long-term capital growth by investing in a global core equity portfolio of large-cap stocks. The adviser generally defines large caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. 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 portfolio includes stocks with growth and/or value characteristics. 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 New Millennium ETF under the ticker FMIL. The fund previously used a semitransparent ETF structure.

Grade (RS Rating)

Last Trade

$45.70

Average Daily Volume

97,360

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	AVDE	FFLC
30 Days	2.42%	5.05%
60 Days	10.37%	12.18%
90 Days	4.15%	3.63%
12 Months	23.49%	43.15%

4 Overlapping Holdings

Symbol	Grade	Weight in AVDE	Weight in FFLC	Overlap
ASML	F	0.87%	0.25%	0.25%
AZN	D	0.49%	0.47%	0.47%
NVO	F	1.52%	0.25%	0.25%
SHOP	B	0.1%	0.69%	0.1%

AVDE Overweight 109 Positions Relative to FFLC

Symbol	Grade	Weight
NVS	D	0.83%
TTE	B	0.63%
TM	D	0.6%
HSBC	A	0.58%
BHP	B	0.51%
BP	F	0.48%
GSK	F	0.37%
ING	D	0.34%
BCS	B	0.33%
RIO	B	0.32%
MUFG	D	0.31%
UL	D	0.31%
RELX	D	0.31%
BBVA	C	0.3%
SAP	C	0.3%
SAN	C	0.29%
LYG	C	0.28%
SMFG	D	0.27%
TD	B	0.27%
CNI	D	0.26%
SNY	C	0.25%
DEO	C	0.23%
HMC	D	0.22%
STM	F	0.22%
ORAN	F	0.2%
AER	C	0.17%
NGG	D	0.17%
IX	D	0.16%
MFG	B	0.16%
VOD	D	0.16%
WFG	C	0.15%
NWG	B	0.15%
E	C	0.14%
BUD	A	0.13%
MT	B	0.12%
ABBV	C	0.12%
HLN	C	0.12%
PHG	A	0.11%
TEF	C	0.11%
AGCO	D	0.11%
LOGI	D	0.11%
STLA	F	0.11%
ZIM	D	0.1%
SW	C	0.1%
CCEP	C	0.09%
NOK	C	0.08%
ERIC	C	0.08%
EQNR	D	0.08%
CHKP	A	0.07%
SNN	D	0.07%
TAK	D	0.07%
GMAB	F	0.06%
TEVA	D	0.06%
OTEX	D	0.06%
RBA	D	0.06%
GLNG	A	0.04%
SE	B	0.04%
IAG	C	0.04%
ARGX	C	0.04%
QGEN	F	0.03%
TAC	A	0.02%
WPP	B	0.02%
WDS	C	0.02%
BUR	D	0.02%
XRX	D	0.02%
CUK	C	0.02%
TRMD	D	0.02%
MBAVU	C	0.01%
PRMW	B	0.01%
FMS	C	0.01%
TS	D	0.01%
AEI	C	0.01%
PSO	D	0.01%
HAFN	B	0.01%
PDS	F	0.01%
WIX	D	0.01%
GLPG	D	0.01%
GRAB	C	0.01%
ICLR	F	0.01%
FUTU	A	0.01%
CYBR	C	0.01%
NICE	D	0.01%
FRO	B	0.01%
CLLS	F	0.0%
IAUX	D	0.0%
IPHA	F	0.0%
UBCP	B	0.0%
CSTE	F	0.0%
QIPT	F	0.0%
PIXY	F	0.0%
LSPD	C	0.0%
RENB	F	0.0%
DOOO	F	0.0%
ORLA	B	0.0%
SSBI	F	0.0%
VGR	B	0.0%
ELBM	C	0.0%
ITRN	D	0.0%
MLCO	C	0.0%
ASTL	C	0.0%
NNDM	C	0.0%
VMAR	F	0.0%
KRNT	A	0.0%
FLNG	B	0.0%
SPNS	B	0.0%
MNDY	B	0.0%
CSTM	F	0.0%
TCI	F	0.0%
GLBE	C	0.0%

AVDE Underweight 129 Positions Relative to FFLC

Symbol	Grade	Weight
MSFT	D	-7.7%
AAPL	C	-4.51%
NVDA	B	-3.39%
AMZN	C	-3.26%
META	A	-2.57%
GOOGL	B	-2.4%
LLY	D	-1.93%
UNH	B	-1.72%
V	B	-1.63%
XOM	A	-1.49%
ADBE	F	-1.41%
BA	F	-1.31%
AMD	C	-1.27%
BSX	A	-1.23%
TJX	D	-1.2%
CMCSA	B	-1.16%
WFC	B	-1.08%
NFLX	A	-1.06%
ETN	B	-1.05%
UBER	C	-1.04%
TMO	D	-1.03%
PH	A	-1.02%
JPM	C	-0.98%
CRM	B	-0.98%
CB	A	-0.97%
INTU	F	-0.92%
NKE	D	-0.92%
PWR	A	-0.92%
GE	B	-0.9%
BAC	B	-0.9%
KVUE	C	-0.88%
DHR	D	-0.82%
SO	A	-0.82%
LIN	C	-0.81%
ORCL	A	-0.79%
REGN	D	-0.76%
FCX	B	-0.75%
CAT	A	-0.75%
KO	C	-0.73%
IR	A	-0.73%
APTV	D	-0.71%
BKR	B	-0.7%
ON	F	-0.69%
LMT	A	-0.68%
NXPI	F	-0.68%
SYK	C	-0.67%
HWM	A	-0.67%
JBL	C	-0.67%
GNRC	B	-0.66%
CEG	A	-0.66%
VST	A	-0.65%
KDP	C	-0.63%
BKNG	B	-0.61%
MS	A	-0.6%
NOC	B	-0.6%
SLB	D	-0.6%
BJ	B	-0.58%
TSM	B	-0.58%
DIS	D	-0.57%
PFGC	A	-0.57%
ADI	B	-0.55%
MMC	D	-0.53%
CI	D	-0.52%
FLEX	B	-0.52%
LNG	A	-0.51%
CNC	F	-0.51%
RL	B	-0.51%
ABNB	D	-0.5%
WMT	A	-0.49%
CE	D	-0.49%
HLT	A	-0.49%
MLM	F	-0.48%
CLX	C	-0.47%
VRT	B	-0.46%
NVR	C	-0.45%
BWXT	A	-0.45%
SNPS	F	-0.44%
CSCO	A	-0.44%
WDAY	D	-0.44%
DT	B	-0.43%
KBR	A	-0.42%
ESI	C	-0.42%
CMG	C	-0.42%
ARES	A	-0.41%
FCN	C	-0.41%
SPOT	C	-0.4%
ITT	C	-0.39%
LEN	C	-0.39%
CBRE	C	-0.39%
BLDR	C	-0.39%
FOUR	A	-0.39%
AVY	D	-0.38%
EDR	A	-0.37%
URI	C	-0.37%
GS	B	-0.33%
WSC	D	-0.32%
HLI	A	-0.32%
TRNO	D	-0.32%
HES	D	-0.32%
FTI	B	-0.29%
GILD	A	-0.29%
HOLX	D	-0.28%
EL	D	-0.27%
MDB	D	-0.27%
CHDN	C	-0.27%
SAM	D	-0.27%
MRK	F	-0.26%
GLPI	C	-0.26%
TT	A	-0.26%
FSLR	C	-0.25%
AR	C	-0.24%
ACGL	A	-0.24%
FND	C	-0.24%
TER	C	-0.22%
WST	D	-0.22%
DKS	D	-0.21%
STZ	D	-0.2%
WNS	F	-0.19%
ESS	D	-0.18%
FAF	C	-0.18%
OI	D	-0.17%
NFE	F	-0.16%
OWL	A	-0.16%
MU	D	-0.14%
MASI	B	-0.12%
AGL	F	-0.12%
LEGN	F	-0.12%
LFST	C	-0.06%
MRVL	C	-0.04%