DWLD vs. FFLC ETF Comparison

Comparison of Davis Select Worldwide ETF (DWLD) to Fidelity Fundamental Large Cap Core ETF (FFLC)

DWLD

Davis Select Worldwide ETF

DWLD Description

The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest the fund's portfolio principally in common stocks issued by both United States and foreign companies, including countries with developed or emerging markets. It will invest significantly in issuers (i) organized or located outside of the U.S.; (ii) whose primary trading market is located outside the U.S.; or (iii) doing a substantial amount of business outside the U.S., which the adviser considers to be a company that derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S.

Grade (RS Rating)

Last Trade

$35.43

Average Daily Volume

9,724

Number of Holdings ^*

* 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

$45.51

Average Daily Volume

94,792

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	DWLD	FFLC
30 Days	4.66%	2.52%
60 Days	4.84%	4.79%
90 Days	5.94%	4.60%
12 Months	25.59%	37.58%

4 Overlapping Holdings

Symbol	Grade	Weight in DWLD	Weight in FFLC	Overlap
AMZN	C	3.16%	3.26%	3.16%
CI	C	2.05%	0.52%	0.52%
META	B	6.75%	2.57%	2.57%
WFC	D	1.14%	1.08%	1.08%

DWLD Overweight 20 Positions Relative to FFLC

Symbol	Grade	Weight
COF	B	4.89%
BRK.A	C	4.21%
MGM	F	3.94%
TCOM	C	3.68%
SOLV	C	3.18%
HUM	F	3.15%
VTRS	D	2.84%
GOOG	D	2.58%
BEKE	D	2.3%
MKL	C	1.93%
AMAT	D	1.61%
SE	B	1.18%
TSN	C	1.04%
CPNG	B	0.93%
AGCO	D	0.89%
DGX	B	0.85%
IAC	C	0.78%
YOU	C	0.46%
DAR	F	0.44%
NOAH	D	0.27%

DWLD Underweight 129 Positions Relative to FFLC

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