FELC vs. VSMV ETF Comparison

Comparison of Fidelity Enhanced Large Cap Core ETF (FELC) to VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV)

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

$33.40

Average Daily Volume

587,086

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

VSMV

VictoryShares US Multi-Factor Minimum Volatility ETF

VSMV Description

The investment seeks to provide investment results that track the performance of the Nasdaq Victory US Multi-Factor Minimum Volatility Index before fees and expenses. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in securities included in the Nasdaq Victory US Multi-Factor Minimum Volatility Index (the index). The index utilizes a rules-based approach designed to generate investment returns with less volatility than the broader U.S. market.

Grade (RS Rating)

Last Trade

$50.12

Average Daily Volume

12,060

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FELC	VSMV
30 Days	1.74%	2.22%
60 Days	4.85%	3.80%
90 Days	5.62%	3.94%
12 Months	33.14%	22.56%

33 Overlapping Holdings

Symbol	Grade	Weight in FELC	Weight in VSMV	Overlap
AAPL	C	7.38%	9.39%	7.38%
ABBV	F	1.02%	2.15%	1.02%
ADP	A	0.2%	2.91%	0.2%
ANF	F	0.42%	0.4%	0.4%
BMY	B	0.75%	0.27%	0.27%
CAH	B	0.31%	2.74%	0.31%
CAT	B	0.57%	0.24%	0.24%
CI	D	0.63%	2.51%	0.63%
CL	D	0.47%	0.21%	0.21%
CMCSA	B	0.86%	0.38%	0.38%
COST	A	0.31%	2.58%	0.31%
CSX	C	0.54%	0.32%	0.32%
EOG	A	0.54%	1.95%	0.54%
GILD	C	0.74%	0.27%	0.27%
GOOGL	C	2.05%	1.88%	1.88%
JNJ	C	0.74%	3.43%	0.74%
LDOS	C	0.24%	2.38%	0.24%
LMT	D	0.71%	3.01%	0.71%
MCK	A	0.06%	2.64%	0.06%
MMM	D	0.13%	0.23%	0.13%
MRK	D	0.99%	2.46%	0.99%
MSFT	D	5.68%	8.89%	5.68%
MSI	B	0.5%	0.27%	0.27%
NUE	C	0.2%	0.25%	0.2%
PG	C	0.72%	2.92%	0.72%
PYPL	B	0.34%	0.27%	0.27%
RSG	A	0.24%	3.09%	0.24%
SPG	A	0.59%	0.39%	0.39%
STLD	B	0.06%	0.27%	0.06%
TJX	A	0.59%	0.28%	0.28%
WM	B	0.32%	3.0%	0.32%
WMT	A	1.14%	3.81%	1.14%
XOM	B	1.56%	3.55%	1.56%

FELC Overweight 137 Positions Relative to VSMV

Symbol	Grade	Weight
NVDA	B	7.39%
AMZN	C	3.93%
META	D	2.89%
BRK.A	B	2.25%
JPM	A	1.94%
GOOG	C	1.9%
AVGO	D	1.72%
MA	B	1.36%
TSLA	B	1.31%
NFLX	A	1.3%
HD	B	1.29%
BAC	A	1.2%
CRM	B	1.15%
PM	B	0.94%
ADBE	C	0.94%
QCOM	F	0.88%
NEE	C	0.84%
V	A	0.82%
SCHW	B	0.8%
UNP	C	0.76%
LLY	F	0.76%
PGR	A	0.74%
T	A	0.73%
RTX	D	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	F	0.63%
BDX	F	0.62%
NOC	D	0.6%
SQ	A	0.58%
UNH	B	0.57%
ABT	B	0.56%
CVNA	B	0.55%
NOW	A	0.55%
DVN	F	0.53%
PCAR	B	0.52%
TXT	D	0.52%
DBX	B	0.52%
TT	A	0.52%
ZM	C	0.51%
CME	B	0.5%
IGT	F	0.46%
EXEL	B	0.45%
LRCX	F	0.44%
TRV	B	0.43%
PFE	F	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%
MSCI	C	0.33%
TMO	F	0.33%
ALLE	C	0.33%
AMGN	F	0.33%
SPGI	C	0.31%
MS	A	0.31%
TMUS	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%
CCL	A	0.26%
CVS	D	0.25%
AMT	C	0.24%
SKYW	C	0.23%
GAP	C	0.22%
GRMN	B	0.22%
IDXX	F	0.22%
LHX	C	0.21%
LYFT	C	0.21%
GL	C	0.21%
MEDP	D	0.21%
ALRM	C	0.2%
OXY	D	0.19%
DASH	B	0.18%
WDAY	B	0.16%
FTNT	C	0.15%
GS	A	0.15%
ED	C	0.15%
UBER	F	0.14%
WTW	B	0.14%
BKNG	A	0.13%
TWLO	A	0.13%
UNM	A	0.12%
PNC	B	0.12%
VST	A	0.12%
QRVO	F	0.12%
NBIX	C	0.11%
NRG	B	0.11%
CLX	A	0.11%
ANET	C	0.11%
BK	A	0.11%
F	C	0.11%
BLD	D	0.11%
LNW	F	0.11%
BBWI	C	0.11%
BIIB	F	0.1%
PEGA	B	0.1%
WFC	A	0.1%
HWM	A	0.1%
PSA	C	0.09%
SOLV	D	0.09%
VEEV	C	0.08%
MKL	A	0.08%
FR	D	0.08%
ZBRA	B	0.06%
DHI	F	0.06%
VZ	C	0.06%
ORCL	A	0.05%
AXTA	B	0.05%
SCCO	F	0.05%
PEP	F	0.05%
PLTK	B	0.04%
ROST	D	0.04%
GEHC	D	0.04%
SYK	B	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	B	0.02%
WBD	B	0.01%
AES	F	0.01%
CVX	A	0.01%

FELC Underweight 35 Positions Relative to VSMV

Symbol	Grade	Weight
COR	B	-3.24%
AFL	B	-2.87%
CTSH	B	-2.59%
ALL	A	-2.55%
HPE	B	-2.26%
NTAP	C	-2.02%
KMI	A	-1.73%
CINF	A	-1.33%
WMB	A	-1.24%
FFIV	B	-1.06%
MUSA	B	-0.86%
CCK	D	-0.84%
PAYX	B	-0.83%
NYT	D	-0.69%
ATR	B	-0.54%
GD	D	-0.48%
DVA	C	-0.48%
PKG	A	-0.39%
ALSN	B	-0.3%
SNA	A	-0.3%
CPAY	A	-0.29%
WSO	A	-0.27%
KMB	C	-0.26%
ACN	B	-0.25%
THC	D	-0.24%
BERY	C	-0.24%
CHRD	D	-0.24%
AM	A	-0.24%
LSTR	D	-0.24%
PHM	D	-0.22%
LEA	F	-0.22%
HCA	F	-0.21%
KO	D	-0.21%
BBY	D	-0.21%
GIS	D	-0.21%