FDWM vs. FFLC ETF Comparison

Comparison of Fidelity Women's Leadership ETF (FDWM) to Fidelity Fundamental Large Cap Core ETF (FFLC)

FDWM

Fidelity Women's Leadership ETF

FDWM Description

The investment seeks long-term growth of capital. The Advisor normally invests at least 80% of assets in equity securities of companies that prioritize and advance women's leadership and development. The Adviser may invest the fund's assets in securities of foreign issuers in addition to securities of domestic issuers. The fund may invest a significant percentage of its assets in relatively few companies and may invest up to 25% in a single company. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.72

Average Daily Volume

241

Number of Holdings ^*

101

* 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

$47.14

Average Daily Volume

102,251

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDWM	FFLC
30 Days	2.79%	1.92%
60 Days	2.73%	3.70%
90 Days	4.82%	6.08%
12 Months	24.93%	37.00%

19 Overlapping Holdings

Symbol	Grade	Weight in FDWM	Weight in FFLC	Overlap
AAPL	C	4.35%	4.26%	4.26%
AMZN	C	2.56%	2.89%	2.56%
BAC	A	1.11%	2.18%	1.11%
CI	F	1.69%	1.23%	1.23%
ELV	F	0.92%	0.63%	0.63%
ETN	A	0.94%	1.02%	0.94%
GEN	B	0.93%	0.37%	0.37%
GEV	B	0.96%	0.87%	0.87%
GSK	F	0.67%	0.3%	0.3%
HLT	A	0.78%	0.52%	0.52%
INTU	C	0.85%	1.0%	0.85%
LOW	D	0.54%	1.06%	0.54%
MA	C	1.09%	0.85%	0.85%
MRVL	B	1.08%	0.02%	0.02%
MSFT	F	3.66%	6.98%	3.66%
NVDA	C	3.24%	5.71%	3.24%
UPS	C	0.77%	0.78%	0.77%
USB	A	0.56%	0.94%	0.56%
WSM	B	1.4%	0.4%	0.4%

FDWM Overweight 82 Positions Relative to FFLC

Symbol	Grade	Weight
GOOG	C	2.61%
ACN	C	2.03%
DIS	B	1.93%
HOLX	D	1.76%
PGR	A	1.73%
CRM	B	1.62%
JPM	A	1.5%
ANET	C	1.41%
ADBE	C	1.32%
CDW	F	1.23%
HUBS	A	1.21%
AMD	F	1.19%
VTR	C	1.16%
NXPI	D	1.16%
CNC	D	1.13%
PODD	C	1.1%
BKR	B	1.04%
HIG	B	1.04%
NEE	D	1.0%
ALNY	D	1.0%
WEX	D	0.99%
C	A	0.98%
FSLR	F	0.98%
NDAQ	A	0.95%
LDOS	C	0.94%
ULTA	F	0.94%
MMC	B	0.93%
TMHC	B	0.92%
DE	A	0.92%
PH	A	0.87%
MU	D	0.87%
CLX	B	0.83%
FIS	C	0.82%
EL	F	0.8%
ZTS	D	0.78%
CBT	C	0.78%
NSIT	F	0.76%
PSA	D	0.75%
FSS	B	0.74%
OTIS	C	0.71%
SAIC	F	0.71%
RRX	B	0.7%
BALL	D	0.69%
MRK	F	0.68%
AR	B	0.66%
NFLX	A	0.66%
HBAN	A	0.65%
ETSY	D	0.64%
EMN	D	0.62%
ICLR	D	0.61%
EXAS	D	0.61%
BBY	D	0.61%
VRTX	F	0.59%
CE	F	0.57%
OLED	D	0.57%
SUM	B	0.57%
OXY	D	0.55%
PINS	D	0.55%
SBUX	A	0.55%
DELL	C	0.53%
EQT	B	0.52%
NVT	B	0.51%
TPR	B	0.51%
ATI	D	0.51%
HSY	F	0.5%
BG	F	0.47%
MAN	D	0.47%
WRBY	B	0.45%
MTN	C	0.44%
VLTO	D	0.42%
NKE	D	0.37%
RUN	F	0.36%
AMN	F	0.36%
ARCB	C	0.34%
ZLAB	C	0.31%
PD	C	0.29%
ELF	C	0.28%
GAP	B	0.24%
RDUS	C	0.24%
SEDG	F	0.21%
MLKN	D	0.2%
SAGE	F	0.08%

FDWM Underweight 68 Positions Relative to FFLC

Symbol	Grade	Weight
META	D	-4.7%
GOOGL	C	-3.2%
XOM	B	-2.88%
AVGO	D	-1.98%
LLY	F	-1.85%
WFC	A	-1.82%
SO	D	-1.72%
UNH	C	-1.72%
CMCSA	B	-1.69%
GE	D	-1.61%
BSX	B	-1.35%
FI	A	-1.34%
V	A	-1.31%
EIX	B	-1.31%
TMO	F	-1.18%
SAP	B	-1.15%
CSCO	B	-1.1%
CEG	D	-1.06%
KVUE	A	-1.04%
PNC	B	-1.01%
KDP	D	-1.0%
ORCL	B	-0.97%
TSM	B	-0.97%
KO	D	-0.94%
URI	B	-0.92%
BMY	B	-0.92%
TRV	B	-0.87%
APH	A	-0.85%
MOD	A	-0.84%
ALSN	B	-0.83%
RPRX	D	-0.76%
REGN	F	-0.75%
CB	C	-0.73%
BA	F	-0.72%
VRT	B	-0.66%
HRB	D	-0.64%
COST	B	-0.63%
ABBV	D	-0.61%
UBER	D	-0.61%
CCI	D	-0.61%
APO	B	-0.61%
KNX	B	-0.59%
FDX	B	-0.58%
WSO	A	-0.56%
NVO	D	-0.53%
DOX	D	-0.53%
MLM	B	-0.49%
AMT	D	-0.43%
DEO	F	-0.43%
MAR	B	-0.42%
AJG	B	-0.41%
GD	F	-0.38%
COR	B	-0.37%
LEN	D	-0.36%
ABNB	C	-0.33%
HII	D	-0.29%
GILD	C	-0.27%
NOC	D	-0.25%
TMUS	B	-0.2%
LIN	D	-0.2%
MELI	D	-0.2%
DKS	C	-0.19%
SPR	D	-0.19%
ASML	F	-0.18%
SPG	B	-0.18%
IP	B	-0.18%
KBR	F	-0.17%
LNG	B	-0.03%