FELC vs. DBND ETF Comparison

Comparison of Fidelity Enhanced Large Cap Core ETF (FELC) to DoubleLine Opportunistic Bond ETF (DBND)

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

DBND

DoubleLine Opportunistic Bond ETF

DBND Description

Under normal circumstances, the Advisor intends to invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income instruments or other investments with economic characteristics similar to fixed income instruments. It may invest in fixed income instruments of any credit quality, including those that are at the time of investment unrated or rated BB+ or lower by S&P or Ba1 or lower by Moody?s or the equivalent by any other nationally recognized statistical rating organization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.71

Average Daily Volume

49,311

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FELC	DBND
30 Days	3.27%	-0.43%
60 Days	5.09%	-2.71%
90 Days	6.09%	-1.64%
12 Months	33.74%	6.86%

12 Overlapping Holdings

Symbol	Grade	Weight in FELC	Weight in DBND	Overlap
ABBV	D	1.02%	0.61%	0.61%
BAC	A	1.2%	0.56%	0.56%
CCL	B	0.26%	0.26%	0.26%
CMCSA	B	0.86%	0.38%	0.38%
CVS	D	0.25%	0.42%	0.25%
GS	A	0.15%	0.66%	0.15%
JPM	A	1.94%	0.62%	0.62%
NRG	B	0.11%	0.17%	0.11%
ORCL	B	0.05%	0.3%	0.05%
T	A	0.73%	0.48%	0.48%
UBER	D	0.14%	0.16%	0.14%
WTW	B	0.14%	0.29%	0.14%

FELC Overweight 158 Positions Relative to DBND

Symbol	Grade	Weight
NVDA	C	7.39%
AAPL	C	7.38%
MSFT	F	5.68%
AMZN	C	3.93%
META	D	2.89%
BRK.A	B	2.25%
GOOGL	C	2.05%
GOOG	C	1.9%
AVGO	D	1.72%
XOM	B	1.56%
MA	C	1.36%
TSLA	B	1.31%
NFLX	A	1.3%
HD	A	1.29%
CRM	B	1.15%
WMT	A	1.14%
MRK	F	0.99%
PM	B	0.94%
ADBE	C	0.94%
QCOM	F	0.88%
NEE	D	0.84%
V	A	0.82%
SCHW	B	0.8%
UNP	C	0.76%
LLY	F	0.76%
BMY	B	0.75%
JNJ	D	0.74%
GILD	C	0.74%
PGR	A	0.74%
PG	A	0.72%
LMT	D	0.71%
RTX	C	0.7%
CTAS	B	0.69%
AMAT	F	0.68%
MU	D	0.66%
CSCO	B	0.66%
DIS	B	0.65%
ECL	D	0.63%
KLAC	D	0.63%
CI	F	0.63%
BDX	F	0.62%
NOC	D	0.6%
TJX	A	0.59%
SPG	B	0.59%
SQ	B	0.58%
UNH	C	0.57%
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%
PCAR	B	0.52%
TXT	D	0.52%
DBX	B	0.52%
TT	A	0.52%
ZM	B	0.51%
MSI	B	0.5%
CME	A	0.5%
CL	D	0.47%
IGT	F	0.46%
EXEL	B	0.45%
LRCX	F	0.44%
TRV	B	0.43%
ANF	C	0.42%
PFE	D	0.42%
CACI	D	0.4%
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%
AMGN	D	0.33%
WM	A	0.32%
SPGI	C	0.31%
MS	A	0.31%
TMUS	B	0.31%
COST	B	0.31%
CAH	B	0.31%
AXP	A	0.31%
TROW	B	0.31%
PPG	F	0.3%
SEIC	B	0.3%
MGM	D	0.3%
MMC	B	0.29%
INCY	C	0.28%
LDOS	C	0.24%
AMT	D	0.24%
RSG	A	0.24%
SKYW	B	0.23%
GAP	C	0.22%
GRMN	B	0.22%
IDXX	F	0.22%
LHX	C	0.21%
LYFT	C	0.21%
GL	B	0.21%
MEDP	D	0.21%
ADP	B	0.2%
ALRM	C	0.2%
NUE	C	0.2%
OXY	D	0.19%
DASH	A	0.18%
WDAY	B	0.16%
FTNT	C	0.15%
ED	D	0.15%
MMM	D	0.13%
BKNG	A	0.13%
TWLO	A	0.13%
UNM	A	0.12%
PNC	B	0.12%
VST	B	0.12%
QRVO	F	0.12%
NBIX	C	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%
SOLV	C	0.09%
VEEV	C	0.08%
MKL	A	0.08%
FR	C	0.08%
ZBRA	B	0.06%
MCK	B	0.06%
DHI	D	0.06%
STLD	B	0.06%
VZ	C	0.06%
AXTA	A	0.05%
SCCO	F	0.05%
PEP	F	0.05%
PLTK	B	0.04%
ROST	C	0.04%
GEHC	F	0.04%
SYK	C	0.03%
KR	B	0.03%
SWKS	F	0.03%
A	D	0.03%
CRUS	D	0.03%
LPLA	A	0.03%
GPN	B	0.02%
C	A	0.02%
DOCU	A	0.02%
WBD	C	0.01%
AES	F	0.01%
CVX	A	0.01%

FELC Underweight 41 Positions Relative to DBND

Symbol	Grade	Weight
UPST	B	-1.79%
COMM	D	-0.77%
BNS	A	-0.68%
DLTR	F	-0.59%
DFS	B	-0.49%
CCI	D	-0.38%
BMO	A	-0.38%
MAR	B	-0.38%
OC	A	-0.37%
NTAP	C	-0.37%
SO	D	-0.36%
BA	F	-0.35%
KMI	A	-0.35%
ARCC	A	-0.35%
MO	A	-0.34%
DKS	C	-0.34%
GM	B	-0.34%
SYY	B	-0.33%
RPRX	D	-0.32%
EXPE	B	-0.3%
HCA	F	-0.29%
AAL	B	-0.19%
COTY	F	-0.19%
PENN	C	-0.19%
PFGC	B	-0.19%
POST	C	-0.18%
PK	B	-0.18%
GFF	A	-0.18%
MODV	C	-0.18%
SPH	B	-0.18%
UAL	A	-0.18%
PCG	A	-0.18%
VSCO	B	-0.17%
CHTR	C	-0.17%
CACC	D	-0.16%
BALY	C	-0.16%
SSP	F	-0.16%
OMI	F	-0.16%
OMF	A	-0.16%
GPOR	B	-0.16%
EXC	C	-0.09%