FELV vs. ANEW ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to ProShares MSCI Transformational Changes ETF (ANEW)

FELV

Fidelity Enhanced Large Cap Value ETF

FELV Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value 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.

Grade (RS Rating)

Last Trade

$32.56

Average Daily Volume

106,908

Number of Holdings ^*

332

* may have additional holdings in another (foreign) market

ANEW

ProShares MSCI Transformational Changes ETF

ANEW Description

The investment seeks investment results, before fees and expenses, that track the performance of the MSCI Global Transformational Changes Index (the index). The fund seeks to invest substantially all of its assets in the securities included in the index. The index selects companies which may benefit from transformational changes in how people work, take care of their health, and consume and connect (Transformational Changes) - changes accelerated by COVID-19.

Grade (RS Rating)

Last Trade

$46.14

Average Daily Volume

355

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	FELV	ANEW
30 Days	4.38%	2.32%
60 Days	5.85%	4.03%
90 Days	7.57%	5.72%
12 Months	29.90%	28.14%

38 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in ANEW	Overlap
AAPL	C	0.19%	2.23%	0.19%
ABBV	D	0.85%	1.94%	0.85%
ABT	B	0.54%	2.1%	0.54%
ADBE	C	0.37%	2.05%	0.37%
AMAT	F	0.42%	0.85%	0.42%
AMD	F	0.02%	0.34%	0.02%
AMZN	C	0.08%	2.16%	0.08%
ANSS	B	0.01%	0.55%	0.01%
AVGO	D	0.12%	1.6%	0.12%
BDX	F	0.74%	1.11%	0.74%
BSX	B	0.19%	2.17%	0.19%
CRM	B	0.22%	0.34%	0.22%
CSCO	B	1.07%	0.64%	0.64%
DASH	A	0.08%	2.89%	0.08%
DBX	B	0.42%	0.21%	0.21%
DGX	A	0.01%	0.3%	0.01%
DHR	F	0.17%	1.69%	0.17%
DOCU	A	0.22%	0.24%	0.22%
EA	A	0.11%	0.68%	0.11%
EEFT	B	0.12%	0.16%	0.12%
EQIX	A	0.2%	0.2%	0.2%
EW	C	0.06%	0.67%	0.06%
HPE	B	0.21%	0.21%	0.21%
IFF	D	0.08%	1.71%	0.08%
ILMN	D	0.15%	0.38%	0.15%
MA	C	0.28%	0.93%	0.28%
MEDP	D	0.16%	0.16%	0.16%
META	D	0.21%	2.32%	0.21%
MKC	D	0.08%	1.89%	0.08%
NFLX	A	0.19%	2.39%	0.19%
NTAP	C	0.12%	0.19%	0.12%
NVDA	C	0.17%	2.89%	0.17%
OKTA	C	0.02%	0.14%	0.02%
PYPL	B	0.79%	0.24%	0.24%
QCOM	F	0.5%	0.56%	0.5%
QGEN	D	0.16%	0.18%	0.16%
TENB	C	0.08%	0.17%	0.08%
WDAY	B	0.13%	0.19%	0.13%

FELV Overweight 294 Positions Relative to ANEW

Symbol	Grade	Weight
BRK.A	B	3.64%
JPM	A	2.93%
XOM	B	2.51%
BAC	A	1.77%
WMT	A	1.76%
UNH	C	1.57%
PM	B	1.31%
PG	A	1.24%
WFC	A	1.22%
CMCSA	B	1.13%
GE	D	1.05%
JNJ	D	1.02%
T	A	1.02%
GILD	C	0.92%
SCHW	B	0.88%
MU	D	0.86%
PFE	D	0.85%
INTC	D	0.85%
BMY	B	0.84%
NEE	D	0.81%
DIS	B	0.8%
ETN	A	0.76%
UNP	C	0.75%
TMO	F	0.73%
SQ	B	0.7%
PNC	B	0.7%
RTX	C	0.7%
VZ	C	0.68%
RSG	A	0.66%
LMT	D	0.64%
NOC	D	0.63%
SPGI	C	0.63%
BK	A	0.63%
CVNA	B	0.62%
MMM	D	0.6%
CI	F	0.6%
AON	A	0.59%
SEIC	B	0.58%
PPG	F	0.57%
CCI	D	0.57%
CME	A	0.57%
NSC	B	0.57%
TMUS	B	0.56%
COP	C	0.56%
CL	D	0.54%
CAT	B	0.54%
ALLE	D	0.54%
MS	A	0.54%
TXT	D	0.53%
CVX	A	0.53%
EOG	A	0.53%
ZM	B	0.52%
PSA	D	0.52%
TT	A	0.52%
ECL	D	0.5%
SSNC	B	0.5%
DD	D	0.48%
C	A	0.48%
LDOS	C	0.47%
COF	B	0.47%
CACI	D	0.46%
LIN	D	0.46%
LHX	C	0.45%
HD	A	0.45%
WAB	B	0.45%
CTAS	B	0.43%
MDT	D	0.4%
PCG	A	0.39%
PCAR	B	0.39%
UNM	A	0.38%
MMC	B	0.38%
BLK	C	0.37%
IGT	F	0.36%
L	A	0.35%
PGR	A	0.35%
EXEL	B	0.35%
TPH	D	0.35%
EVRG	A	0.35%
BRX	A	0.35%
CMI	A	0.34%
CSX	B	0.34%
ACN	C	0.34%
NUE	C	0.34%
GS	A	0.34%
DVN	F	0.34%
FTV	C	0.33%
LPX	B	0.33%
STLD	B	0.33%
F	C	0.33%
ZBRA	B	0.32%
KR	B	0.31%
CVS	D	0.3%
CAH	B	0.3%
TWLO	A	0.3%
BIIB	F	0.3%
FR	C	0.28%
MCD	D	0.28%
VMC	B	0.28%
DUK	C	0.28%
VEEV	C	0.28%
MO	A	0.28%
TOL	B	0.28%
GL	B	0.28%
TRV	B	0.28%
GEV	B	0.28%
ANF	C	0.28%
TJX	A	0.28%
IBM	C	0.27%
TDC	D	0.27%
SYK	C	0.26%
AME	A	0.26%
WTW	B	0.26%
VICI	C	0.25%
CLX	B	0.25%
GAP	C	0.25%
XEL	A	0.25%
SEE	C	0.25%
FLS	B	0.25%
WM	A	0.25%
EXC	C	0.24%
KMI	A	0.24%
TFC	A	0.24%
CNC	D	0.23%
CINF	A	0.22%
ED	D	0.22%
Z	A	0.22%
OC	A	0.22%
DOC	D	0.22%
INCY	C	0.22%
SKYW	B	0.21%
MGM	D	0.21%
JCI	C	0.21%
AXP	A	0.2%
VMI	B	0.2%
MSI	B	0.2%
PNR	A	0.19%
DTE	C	0.19%
USFD	A	0.19%
FTI	A	0.19%
ALL	A	0.19%
MSCI	C	0.19%
KEY	B	0.18%
SPG	B	0.18%
ITT	A	0.18%
ICE	C	0.18%
TMHC	B	0.18%
ZG	A	0.18%
EIX	B	0.17%
PRU	A	0.17%
IQV	D	0.17%
LNW	D	0.17%
MKL	A	0.17%
ACA	A	0.17%
CEG	D	0.17%
EQR	B	0.17%
GEHC	F	0.16%
TAP	C	0.16%
TXN	C	0.16%
CCK	C	0.16%
AES	F	0.16%
PFG	D	0.16%
BBY	D	0.15%
STT	A	0.15%
CNP	B	0.15%
JXN	C	0.15%
AMGN	D	0.15%
RCL	A	0.15%
OXY	D	0.15%
WDC	D	0.14%
KMB	D	0.14%
AMT	D	0.14%
HUM	C	0.14%
GD	F	0.14%
HAL	C	0.13%
PKG	A	0.13%
SWKS	F	0.13%
CCL	B	0.13%
ES	D	0.13%
TROW	B	0.13%
PH	A	0.12%
SOLV	C	0.12%
ITW	B	0.12%
SO	D	0.12%
WMB	A	0.12%
HWM	A	0.12%
KHC	F	0.12%
UHS	D	0.12%
BLD	D	0.11%
AIZ	A	0.11%
QRVO	F	0.11%
ENS	D	0.11%
ROST	C	0.11%
BCC	B	0.11%
GRMN	B	0.11%
ELV	F	0.11%
AMH	D	0.11%
BMRN	D	0.11%
TPR	B	0.1%
ADTN	A	0.1%
ADM	D	0.1%
BKR	B	0.1%
CRC	B	0.1%
ADP	B	0.1%
PEG	A	0.1%
MHO	D	0.1%
FANG	D	0.09%
A	D	0.09%
TRGP	B	0.09%
CNO	A	0.09%
MTDR	B	0.09%
WBD	C	0.09%
KD	B	0.09%
GPN	B	0.09%
ACT	D	0.09%
MCK	B	0.09%
VRTX	F	0.09%
CRUS	D	0.09%
DELL	C	0.08%
LH	C	0.08%
HON	B	0.08%
BBWI	D	0.08%
ALRM	C	0.08%
AEP	D	0.08%
VST	B	0.07%
CMG	B	0.07%
REG	B	0.07%
BYD	C	0.07%
LYFT	C	0.07%
LOW	D	0.07%
WCC	B	0.07%
NWL	B	0.06%
NWSA	B	0.06%
UPS	C	0.06%
LEG	F	0.06%
ARW	D	0.06%
VSTS	C	0.06%
MDLZ	F	0.06%
OGE	B	0.06%
NMRK	B	0.06%
DFS	B	0.05%
TRMB	B	0.05%
SAM	C	0.05%
CTRA	B	0.05%
FHI	A	0.05%
GLPI	C	0.05%
CW	B	0.05%
PLTK	B	0.05%
GIS	D	0.05%
NEM	D	0.05%
AM	A	0.04%
ADI	D	0.04%
VLTO	D	0.04%
INGR	B	0.04%
VAC	B	0.04%
CSGP	D	0.04%
HL	D	0.04%
CWEN	C	0.04%
BKH	A	0.04%
CTRE	D	0.04%
AXTA	A	0.03%
MSA	D	0.03%
SYF	B	0.03%
TFX	F	0.03%
KLAC	D	0.03%
UAL	A	0.03%
RGA	A	0.03%
EXTR	B	0.03%
WS	B	0.03%
RJF	A	0.03%
ALKS	B	0.03%
DHI	D	0.03%
NWS	B	0.03%
MATX	C	0.03%
CWEN	C	0.02%
AYI	B	0.02%
SWI	B	0.02%
OGN	D	0.02%
BERY	B	0.02%
ITRI	B	0.02%
BIO	D	0.02%
WOOF	D	0.02%
MWA	B	0.01%
TNL	A	0.01%
TGT	F	0.01%
FTDR	A	0.01%
MUR	D	0.01%
PHM	D	0.01%
CXT	B	0.01%
BLDR	D	0.01%
ROP	B	0.01%
AXS	A	0.01%
SON	D	0.01%
GLW	B	0.01%
M	D	0.01%

FELV Underweight 86 Positions Relative to ANEW

Symbol	Grade	Weight
ISRG	A	-2.49%
BKNG	A	-2.37%
BABA	D	-1.93%
DE	A	-1.92%
CTVA	C	-1.89%
MSFT	F	-1.86%
GOOGL	C	-1.66%
MRK	F	-1.4%
SFM	A	-1.21%
V	A	-1.04%
FMC	D	-0.94%
CNH	C	-0.92%
AGCO	D	-0.79%
SE	B	-0.75%
TTWO	A	-0.64%
EBAY	D	-0.63%
ORCL	B	-0.61%
OMC	C	-0.59%
RMD	C	-0.58%
TCOM	B	-0.58%
ZD	C	-0.55%
DKNG	B	-0.5%
DXCM	D	-0.49%
SMPL	B	-0.48%
WST	C	-0.42%
NEOG	F	-0.41%
SMG	D	-0.4%
PINS	D	-0.38%
SXT	B	-0.38%
SNAP	C	-0.37%
DOCS	C	-0.36%
MSTR	C	-0.36%
NTRA	B	-0.29%
CVLT	B	-0.28%
PANW	C	-0.27%
HOOD	B	-0.27%
QTWO	A	-0.27%
NOW	A	-0.26%
FFIV	B	-0.25%
GH	B	-0.25%
SMAR	A	-0.24%
GMED	A	-0.24%
PRCT	B	-0.24%
RARE	D	-0.23%
BOX	B	-0.23%
CCOI	B	-0.23%
CYBR	B	-0.22%
MRNA	F	-0.22%
NET	B	-0.22%
COIN	C	-0.22%
INSP	D	-0.22%
BL	B	-0.21%
SMTC	B	-0.21%
KTOS	B	-0.21%
CHKP	D	-0.21%
PCTY	B	-0.21%
VRNS	D	-0.21%
GEN	B	-0.21%
JNPR	F	-0.2%
DT	C	-0.2%
RIOT	C	-0.2%
NOVT	D	-0.2%
ALTR	B	-0.2%
BLKB	B	-0.19%
TECH	D	-0.19%
CRWD	B	-0.18%
ENOV	C	-0.18%
HSIC	B	-0.18%
AI	B	-0.18%
PCOR	B	-0.18%
AKAM	D	-0.17%
CRSP	D	-0.17%
IRDM	D	-0.17%
NTNX	A	-0.17%
TWST	D	-0.17%
MARA	C	-0.17%
SLAB	D	-0.15%
NXPI	D	-0.15%
SYNA	C	-0.15%
CGNX	C	-0.15%
CLSK	C	-0.14%
IDYA	F	-0.14%
TMDX	F	-0.13%
FIVN	C	-0.13%
ACHC	F	-0.12%
TNDM	F	-0.11%