FELG vs. SPHB ETF Comparison

Comparison of Fidelity Enhanced Large Cap Growth ETF (FELG) to PowerShares S&P 500 High Beta Portfolio (SPHB)

FELG

Fidelity Enhanced Large Cap Growth ETF

FELG Description

The fund will invest at least 80% of assets in common stocks included in the Russell 1000® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth segment of the U.S. equity market. 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. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.54

Average Daily Volume

218,971

Number of Holdings ^*

79

* may have additional holdings in another (foreign) market

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$92.72

Average Daily Volume

224,294

Number of Holdings ^*

97

* may have additional holdings in another (foreign) market

Performance

Period	FELG	SPHB
30 Days	3.26%	4.79%
60 Days	5.11%	5.15%
90 Days	6.08%	6.95%
12 Months	36.88%	29.95%

23 Overlapping Holdings

	Symbol	Grade	Weight in FELG	Weight in SPHB	Overlap
	ADBE	C	1.29%	0.8%	0.8%
	AMAT	F	0.94%	1.22%	0.94%
	AMD	F	0.01%	1.52%	0.01%
	AMZN	C	6.62%	1.09%	1.09%
	ANET	C	0.83%	1.36%	0.83%
	AVGO	D	3.11%	1.56%	1.56%
	BKNG	A	1.1%	1.02%	1.02%
	CRM	B	0.59%	1.1%	0.59%
	GOOG	C	2.52%	0.84%	0.84%
	IDXX	F	0.39%	0.69%	0.39%
	INTU	C	0.11%	0.92%	0.11%
	ISRG	A	0.1%	0.89%	0.1%
	KLAC	D	0.79%	1.09%	0.79%
	LRCX	F	0.82%	1.21%	0.82%
	META	D	4.74%	1.21%	1.21%
	MPWR	F	0.4%	1.1%	0.4%
	NOW	A	0.51%	1.12%	0.51%
	NVDA	C	11.91%	2.08%	2.08%
	ORCL	B	0.46%	1.17%	0.46%
	QCOM	F	1.12%	1.07%	1.07%
	TSLA	B	3.47%	1.93%	1.93%
	UBER	D	0.98%	0.95%	0.95%
	ZBRA	B	0.09%	0.97%	0.09%

FELG Overweight 56 Positions Relative to SPHB

	Symbol	Grade	Weight
	AAPL	C	12.05%
	MSFT	F	10.23%
	GOOGL	C	3.57%
	MA	C	2.02%
	NFLX	A	1.81%
	LLY	F	1.54%
	MRK	F	1.35%
	V	A	1.2%
	ABBV	D	0.94%
	COST	B	0.91%
	CMG	B	0.77%
	TJX	A	0.77%
	UNP	C	0.74%
	DASH	A	0.72%
	WDAY	B	0.71%
	ECL	D	0.7%
	SQ	B	0.66%
	CTAS	B	0.66%
	FTNT	C	0.65%
	MSI	B	0.65%
	TT	A	0.63%
	LMT	D	0.62%
	HD	A	0.62%
	SCHW	B	0.59%
	EXEL	B	0.57%
	SPG	B	0.56%
	HWM	A	0.55%
	BMY	B	0.54%
	GRMN	B	0.54%
	ANF	C	0.52%
	LYFT	C	0.51%
	ZM	B	0.51%
	TMUS	B	0.5%
	NTRA	B	0.5%
	INCY	C	0.5%
	GILD	C	0.5%
	NOC	D	0.49%
	BBWI	D	0.45%
	DBX	B	0.43%
	ALLE	D	0.33%
	AXON	A	0.32%
	CAT	B	0.32%
	APP	B	0.31%
	TW	A	0.31%
	TDC	D	0.3%
	MSCI	C	0.26%
	NU	C	0.19%
	CLX	B	0.18%
	PEP	F	0.15%
	SCCO	F	0.14%
	WMT	A	0.13%
	MEDP	D	0.12%
	BAH	F	0.11%
	CVNA	B	0.07%
	MORN	B	0.07%
	TPL	A	0.03%

FELG Underweight 74 Positions Relative to SPHB

	Symbol	Grade	Weight
	NCLH	B	-1.63%
	CCL	B	-1.63%
	CRWD	B	-1.6%
	UAL	A	-1.57%
	ALB	C	-1.51%
	VST	B	-1.4%
	BLDR	D	-1.39%
	GNRC	B	-1.37%
	RCL	A	-1.25%
	CZR	F	-1.25%
	URI	B	-1.25%
	BX	A	-1.22%
	MU	D	-1.2%
	TER	D	-1.18%
	CDNS	B	-1.18%
	KKR	A	-1.17%
	PWR	A	-1.16%
	DAY	B	-1.16%
	ON	D	-1.15%
	SNPS	B	-1.11%
	JBL	B	-1.09%
	ETN	A	-1.07%
	PYPL	B	-1.07%
	ADSK	A	-1.06%
	PANW	C	-1.04%
	ALGN	D	-1.03%
	WDC	D	-1.03%
	ABNB	C	-1.02%
	PODD	C	-1.02%
	CEG	D	-1.01%
	FICO	B	-1.0%
	BXP	D	-1.0%
	PH	A	-0.99%
	LW	C	-0.99%
	INTC	D	-0.99%
	NXPI	D	-0.98%
	HUBB	B	-0.97%
	LULU	C	-0.96%
	CARR	D	-0.95%
	MCHP	D	-0.93%
	KEYS	A	-0.92%
	DECK	A	-0.92%
	KEY	B	-0.92%
	WBD	C	-0.88%
	ROK	B	-0.86%
	PHM	D	-0.85%
	APH	A	-0.85%
	ADI	D	-0.85%
	ANSS	B	-0.84%
	FSLR	F	-0.83%
	TROW	B	-0.82%
	FCX	D	-0.81%
	SMCI	F	-0.81%
	EPAM	C	-0.8%
	IVZ	B	-0.8%
	CPRT	A	-0.79%
	KMX	B	-0.79%
	GE	D	-0.78%
	CRL	C	-0.77%
	RMD	C	-0.76%
	MHK	D	-0.76%
	SWKS	F	-0.76%
	TXN	C	-0.76%
	ARE	D	-0.75%
	MGM	D	-0.75%
	LEN	D	-0.75%
	EFX	F	-0.73%
	MLM	B	-0.73%
	DHI	D	-0.71%
	ENPH	F	-0.69%
	IQV	D	-0.62%
	AES	F	-0.61%
	APTV	D	-0.58%
	QRVO	F	-0.56%

FELG: Top Represented Industries & Keywords

Industries: Software - Application Drug Manufacturers - Major Semiconductors Aerospace & Defense Apparel Stores Business Services Capital Markets Diagnostics & Research Internet Content & Information Semiconductor Equipment & Materials Software - Infrastructure Biotechnology Credit Services Discount Stores Specialty Industrial Machinery Specialty Retail Telecom Services Auto Manufacturers Banks - Diversified Beverages - Soft Drinks

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component IBD 50 Work From Home Smartphones Cloud Computing Mobile Devices Software Telecommunications Electronics Hyperscale Integrated Circuits Operating System Payment Systems Semiconductor Software As A Service Antibiotics Medicine

SPHB: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Semiconductor Equipment & Materials Asset Management Diversified Industrials Diagnostics & Research Leisure Residential Construction Software - Infrastructure Auto & Truck Dealerships Building Materials Electronic Components Internet Content & Information Medical Devices Medical Instruments & Supplies REIT - Office Resorts & Casinos Specialty Industrial Machinery Airlines Apparel Stores

Keywords: S&P 500 Nasdaq 100 Computing Semiconductor Integrated Circuits Electronics Aerospace Mobile Devices Power Management Smartphones Work From Home Electronic Design Fabless Semiconductor Companies Software Design Manufacturers Electrical Engineering Electronic Engineering Ethernet IBD 50 Semiconductor Devices