AVLV vs. FHEQ ETF Comparison

Comparison of Avantis U.S. Large Cap Value ETF (AVLV) to Fidelity Hedged Equity ETF (FHEQ)

AVLV

Avantis U.S. Large Cap Value ETF

AVLV Description

American Century ETF Trust - Avantis U.S. Large Cap Value ETF is an exchange traded fund launched and managed by American Century Investment Management Inc. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of large cap companies, within the market capitalization range of the Russell 1000 Value Index. It benchmarks the performance of its portfolio against the Russell 1000 Value Index. American Century ETF Trust - Avantis U.S. Large Cap Value ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$70.41

Average Daily Volume

260,034

Number of Holdings ^*

305

* may have additional holdings in another (foreign) market

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	AVLV	FHEQ
30 Days	6.17%	2.51%
60 Days	7.50%	3.80%
90 Days	9.21%	4.54%
12 Months	32.44%

53 Overlapping Holdings

Symbol	Grade	Weight in AVLV	Weight in FHEQ	Overlap
AAPL	C	3.45%	7.31%	3.45%
ADP	B	0.45%	0.16%	0.16%
ALL	A	0.42%	0.07%	0.07%
AMAT	F	0.0%	0.7%	0.0%
AMZN	C	2.34%	3.64%	2.34%
ANF	C	0.18%	0.33%	0.18%
AXP	A	0.52%	0.43%	0.43%
BCC	B	0.1%	0.07%	0.07%
CAT	B	1.56%	0.48%	0.48%
CMCSA	B	1.31%	0.83%	0.83%
CMG	B	0.5%	0.49%	0.49%
COST	B	2.46%	0.45%	0.45%
CSX	B	0.84%	0.43%	0.43%
CVX	A	1.6%	0.02%	0.02%
DVN	F	0.38%	0.53%	0.38%
EOG	A	0.79%	0.43%	0.43%
F	C	0.52%	0.15%	0.15%
FTI	A	0.24%	0.17%	0.17%
GAP	C	0.13%	0.18%	0.13%
GILD	C	1.11%	0.73%	0.73%
GL	B	0.15%	0.2%	0.15%
GOOG	C	1.02%	1.74%	1.02%
GOOGL	C	1.22%	2.02%	1.22%
JNJ	D	0.18%	0.61%	0.18%
JPM	A	3.03%	1.82%	1.82%
KR	B	0.63%	0.11%	0.11%
LPLA	A	0.02%	0.03%	0.02%
LRCX	F	0.88%	0.23%	0.23%
LYFT	C	0.0%	0.06%	0.0%
META	D	3.18%	2.87%	2.87%
MKL	A	0.3%	0.09%	0.09%
MRK	F	0.34%	0.69%	0.34%
MS	A	0.33%	0.16%	0.16%
NFLX	A	0.2%	1.26%	0.2%
NSC	B	0.62%	0.26%	0.26%
NUE	C	0.51%	0.32%	0.32%
PCAR	B	0.76%	0.42%	0.42%
PEGA	A	0.04%	0.16%	0.04%
PGR	A	1.07%	0.63%	0.63%
PYPL	B	0.85%	0.54%	0.54%
QCOM	F	1.18%	0.84%	0.84%
ROST	C	0.55%	0.1%	0.1%
T	A	1.14%	0.67%	0.67%
TJX	A	1.13%	0.73%	0.73%
TMUS	B	0.89%	0.29%	0.29%
TRV	B	0.85%	0.49%	0.49%
UNM	A	0.16%	0.01%	0.01%
UNP	C	1.23%	0.73%	0.73%
V	A	0.23%	0.47%	0.23%
VZ	C	1.37%	0.18%	0.18%
WFC	A	1.46%	0.15%	0.15%
WMT	A	0.54%	0.8%	0.54%
XOM	B	2.44%	1.54%	1.54%

AVLV Overweight 252 Positions Relative to FHEQ

Symbol	Grade	Weight
DE	A	1.06%
COP	C	1.0%
UPS	C	0.89%
TGT	F	0.88%
AMP	A	0.84%
GM	B	0.84%
FDX	B	0.8%
WMB	A	0.8%
MELI	D	0.79%
RCL	A	0.78%
TRGP	B	0.74%
GWW	B	0.72%
FAST	B	0.67%
AIG	B	0.65%
CMI	A	0.65%
LNG	B	0.64%
DAL	C	0.61%
HIG	B	0.61%
UAL	A	0.61%
MPC	D	0.57%
MET	A	0.56%
PRU	A	0.55%
HES	B	0.52%
LEN	D	0.51%
BKR	B	0.49%
SYF	B	0.48%
TSCO	D	0.46%
DECK	A	0.46%
EME	C	0.46%
FANG	D	0.45%
ODFL	B	0.43%
CSL	C	0.4%
NVR	D	0.4%
DOW	F	0.4%
OXY	D	0.39%
STLD	B	0.39%
PSX	C	0.38%
PKG	A	0.38%
LULU	C	0.38%
URI	B	0.37%
CCL	B	0.37%
SFM	A	0.37%
BURL	A	0.37%
PHM	D	0.36%
NKE	D	0.35%
OC	A	0.35%
IP	B	0.35%
ACGL	D	0.35%
WSM	B	0.34%
LYB	F	0.34%
RPM	A	0.32%
BBY	D	0.32%
CF	B	0.32%
FITB	A	0.32%
MRO	B	0.31%
JBL	B	0.31%
EXPD	D	0.3%
CTRA	B	0.3%
EWBC	A	0.29%
TPR	B	0.29%
JBHT	C	0.28%
TPL	A	0.28%
EBAY	D	0.28%
CASY	A	0.27%
VTRS	A	0.27%
ULTA	F	0.27%
DRI	B	0.27%
HAL	C	0.26%
FCNCA	A	0.26%
FIX	A	0.26%
TXRH	C	0.26%
CPNG	D	0.25%
BG	F	0.25%
EG	C	0.25%
NCLH	B	0.25%
NTRS	A	0.25%
EXP	A	0.24%
GS	A	0.24%
RGA	A	0.24%
USB	A	0.24%
PRI	A	0.24%
OVV	B	0.23%
DKS	C	0.23%
MLI	C	0.23%
BJ	A	0.23%
FLEX	A	0.23%
RNR	C	0.23%
FNF	B	0.22%
DLTR	F	0.22%
EQT	B	0.22%
MUSA	A	0.22%
ADM	D	0.22%
PFG	D	0.21%
JXN	C	0.21%
INGR	B	0.21%
AES	F	0.21%
SAIA	B	0.21%
WMS	D	0.2%
POOL	C	0.19%
GPK	C	0.19%
WCC	B	0.19%
DCI	B	0.19%
AFL	B	0.19%
ALLY	C	0.19%
FSLR	F	0.18%
AFG	A	0.18%
LVS	C	0.18%
BWXT	B	0.17%
SWKS	F	0.17%
LECO	B	0.17%
CMA	A	0.17%
MOS	F	0.16%
PR	B	0.16%
BWA	D	0.16%
COKE	C	0.16%
ATI	D	0.16%
RL	B	0.16%
FYBR	D	0.16%
R	B	0.16%
LPX	B	0.16%
ZION	B	0.16%
UFPI	B	0.16%
AXS	A	0.16%
LSTR	D	0.15%
WAL	B	0.15%
RJF	A	0.15%
FND	C	0.15%
RHI	B	0.15%
TREX	C	0.14%
MTDR	B	0.14%
CMC	B	0.14%
WTFC	A	0.14%
CHRD	D	0.14%
AWI	A	0.14%
ALV	C	0.14%
OMF	A	0.14%
CLF	F	0.13%
JAZZ	B	0.13%
SKX	D	0.13%
WFRD	D	0.13%
CROX	D	0.13%
APA	D	0.13%
AGCO	D	0.13%
MTG	C	0.13%
VMI	B	0.12%
HII	D	0.12%
CHX	C	0.12%
MHK	D	0.12%
MAT	D	0.12%
FOXA	B	0.12%
NSIT	F	0.11%
KBH	D	0.11%
ARW	D	0.11%
CRBG	B	0.11%
ALK	C	0.11%
CBT	C	0.11%
KD	B	0.1%
CIVI	D	0.1%
CFR	B	0.1%
OLN	D	0.1%
BYD	C	0.1%
LNTH	D	0.1%
RRC	B	0.1%
CBSH	A	0.09%
ENLC	A	0.09%
AL	B	0.09%
SM	B	0.09%
CNC	D	0.09%
LEA	D	0.09%
WLK	D	0.08%
M	D	0.08%
AM	A	0.08%
SNA	A	0.08%
AIZ	A	0.08%
IBP	D	0.08%
BC	C	0.08%
MUR	D	0.08%
QLYS	C	0.08%
AAON	B	0.08%
OZK	B	0.07%
UHAL	D	0.07%
TKR	D	0.07%
AMKR	D	0.07%
NEU	C	0.07%
PVH	C	0.07%
FOX	A	0.06%
ATKR	C	0.06%
FCX	D	0.06%
HESM	B	0.06%
PAYC	B	0.06%
SON	D	0.06%
MGY	A	0.06%
PBF	D	0.05%
MSM	C	0.05%
HOG	D	0.05%
GMED	A	0.05%
SATS	D	0.04%
ESNT	D	0.04%
PPC	C	0.04%
LII	A	0.04%
ON	D	0.04%
PII	D	0.04%
HBAN	A	0.03%
KMX	B	0.03%
AYI	B	0.03%
ASO	F	0.03%
VFC	C	0.03%
MOH	F	0.03%
DDS	B	0.03%
KNSL	B	0.03%
LEVI	F	0.03%
CNA	B	0.02%
AMR	C	0.02%
WRB	A	0.02%
OKE	A	0.02%
LEN	D	0.02%
FLO	D	0.02%
TAP	C	0.02%
HRI	B	0.02%
COLM	B	0.01%
LW	C	0.01%
RS	B	0.01%
FIZZ	C	0.01%
ACT	D	0.01%
UI	A	0.01%
BLDR	D	0.01%
THO	B	0.01%
SSD	D	0.01%
JEF	A	0.01%
DG	F	0.01%
MDU	D	0.01%
FMC	D	0.01%
UHAL	D	0.01%
HSY	F	0.01%
AOS	F	0.01%
CPRI	F	0.0%
EL	F	0.0%
RDN	C	0.0%
NFE	D	0.0%
DXC	B	0.0%
GGG	B	0.0%
SNDR	B	0.0%
DAR	C	0.0%
DINO	D	0.0%
WBS	A	0.0%
LUV	C	0.0%
APTV	D	0.0%
IRDM	D	0.0%
OSCR	D	0.0%
PAYX	C	0.0%
FG	B	0.0%
PTEN	C	0.0%

AVLV Underweight 115 Positions Relative to FHEQ

Symbol	Grade	Weight
NVDA	C	-7.27%
MSFT	F	-5.64%
BRK.A	B	-2.19%
AVGO	D	-1.49%
MA	C	-1.34%
HD	A	-1.32%
TSLA	B	-1.26%
BAC	A	-1.17%
CRM	B	-1.09%
ABBV	D	-1.0%
ADBE	C	-0.93%
PM	B	-0.92%
PG	A	-0.87%
CSCO	B	-0.79%
LLY	F	-0.76%
NEE	D	-0.73%
TT	A	-0.69%
LMT	D	-0.69%
BMY	B	-0.68%
CTAS	B	-0.66%
CI	F	-0.63%
ECL	D	-0.62%
SQ	B	-0.59%
BDX	F	-0.59%
CL	D	-0.58%
UNH	C	-0.57%
DIS	B	-0.57%
NOC	D	-0.56%
SCHW	B	-0.56%
PFE	D	-0.56%
SEIC	B	-0.54%
C	A	-0.54%
KLAC	D	-0.54%
ZM	B	-0.52%
CVNA	B	-0.52%
MMC	B	-0.52%
TXT	D	-0.51%
DBX	B	-0.51%
MSCI	C	-0.49%
MU	D	-0.47%
ZBRA	B	-0.47%
GE	D	-0.45%
IGT	F	-0.45%
ALLE	D	-0.44%
RTX	C	-0.44%
EXEL	B	-0.43%
CAH	B	-0.4%
ALRM	C	-0.4%
WM	A	-0.38%
CME	A	-0.37%
BK	A	-0.36%
TDC	D	-0.35%
PPG	F	-0.34%
NOW	A	-0.34%
LDOS	C	-0.32%
MEDP	D	-0.31%
GRMN	B	-0.31%
CACI	D	-0.3%
SKYW	B	-0.29%
SPGI	C	-0.28%
HWM	A	-0.27%
INCY	C	-0.27%
MSI	B	-0.26%
TMO	F	-0.26%
IDXX	F	-0.26%
FTNT	C	-0.24%
AMT	D	-0.24%
AMGN	D	-0.24%
BLK	C	-0.23%
TROW	B	-0.23%
LHX	C	-0.23%
AME	A	-0.22%
MGM	D	-0.22%
CVS	D	-0.22%
MMM	D	-0.22%
BIIB	F	-0.21%
XEL	A	-0.21%
RSG	A	-0.2%
CLX	B	-0.2%
PSA	D	-0.19%
DOCU	A	-0.18%
HLT	A	-0.18%
GEHC	F	-0.17%
LNW	D	-0.17%
WDAY	B	-0.16%
SPG	B	-0.16%
TPH	D	-0.15%
ETN	A	-0.15%
UBER	D	-0.14%
GEN	B	-0.13%
DASH	A	-0.12%
VEEV	C	-0.12%
CINF	A	-0.12%
SOLV	C	-0.12%
NBIX	C	-0.11%
BBWI	D	-0.11%
QRVO	F	-0.11%
VST	B	-0.11%
PLTK	B	-0.1%
BAH	F	-0.09%
ANET	C	-0.08%
DOC	D	-0.08%
MDLZ	F	-0.07%
L	A	-0.07%
TENB	C	-0.06%
CRUS	D	-0.06%
BLD	D	-0.05%
UTHR	C	-0.05%
ORCL	B	-0.04%
QGEN	D	-0.04%
SCCO	F	-0.04%
MHO	D	-0.02%
TWLO	A	-0.02%
NWL	B	-0.01%
OGE	B	-0.01%