FELV vs. AVMV ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to Avantis U.S. Mid Cap Value ETF (AVMV)

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

AVMV

Avantis U.S. Mid Cap Value ETF

AVMV Description

The fund invests primarily in a diverse group of U.S. mid cap companies across market sectors and industry groups. It seeks to achieve higher expected returns by selecting securities of companies with higher profitability and value characteristics, as well as smaller market capitalizations relative to others within the fund"s mid cap investment universe.

Grade (RS Rating)

Last Trade

$70.48

Average Daily Volume

7,501

Number of Holdings ^*

236

* may have additional holdings in another (foreign) market

Performance

Period	FELV	AVMV
30 Days	4.38%	9.24%
60 Days	5.85%	10.30%
90 Days	7.57%	12.44%
12 Months	29.90%	37.87%

60 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in AVMV	Overlap
ACT	D	0.09%	0.04%	0.04%
ADM	D	0.1%	0.72%	0.1%
AES	F	0.16%	0.18%	0.16%
AM	A	0.04%	0.18%	0.04%
ANF	C	0.28%	0.14%	0.14%
ARW	D	0.06%	0.22%	0.06%
AXS	A	0.01%	0.26%	0.01%
AYI	B	0.02%	0.38%	0.02%
BBY	D	0.15%	0.67%	0.15%
BKR	B	0.1%	0.98%	0.1%
BLDR	D	0.01%	0.27%	0.01%
BYD	C	0.07%	0.15%	0.07%
CCL	B	0.13%	1.14%	0.13%
CNC	D	0.23%	0.27%	0.23%
CTRA	B	0.05%	0.6%	0.05%
CVNA	B	0.62%	0.52%	0.52%
CWEN	C	0.04%	0.01%	0.01%
CWEN	C	0.02%	0.02%	0.02%
CWEN	C	0.04%	0.02%	0.02%
CWEN	C	0.02%	0.01%	0.01%
DFS	B	0.05%	0.63%	0.05%
DVN	F	0.34%	0.79%	0.34%
FANG	D	0.09%	0.25%	0.09%
FTI	A	0.19%	0.45%	0.19%
GAP	C	0.25%	0.21%	0.21%
GL	B	0.28%	0.32%	0.28%
GLW	B	0.01%	1.12%	0.01%
HAL	C	0.13%	0.43%	0.13%
INGR	B	0.04%	0.32%	0.04%
KEY	B	0.18%	0.12%	0.12%
KR	B	0.31%	0.85%	0.31%
L	A	0.35%	0.49%	0.35%
MKL	A	0.17%	0.28%	0.17%
MTDR	B	0.09%	0.25%	0.09%
MUR	D	0.01%	0.19%	0.01%
NUE	C	0.34%	0.3%	0.3%
OC	A	0.22%	0.78%	0.22%
PFG	D	0.16%	0.19%	0.16%
PHM	D	0.01%	1.14%	0.01%
PKG	A	0.13%	0.87%	0.13%
RCL	A	0.15%	2.24%	0.15%
RGA	A	0.03%	0.5%	0.03%
RJF	A	0.03%	1.05%	0.03%
SEIC	B	0.58%	0.11%	0.11%
SON	D	0.01%	0.18%	0.01%
STLD	B	0.33%	0.91%	0.33%
STT	A	0.15%	0.86%	0.15%
SWKS	F	0.13%	0.5%	0.13%
SYF	B	0.03%	0.95%	0.03%
TAP	C	0.16%	0.41%	0.16%
TMHC	B	0.18%	0.24%	0.18%
TOL	B	0.28%	0.67%	0.28%
TPR	B	0.1%	0.29%	0.1%
TRGP	B	0.09%	1.36%	0.09%
TROW	B	0.13%	0.83%	0.13%
UAL	A	0.03%	1.19%	0.03%
UHS	D	0.12%	0.13%	0.12%
UNM	A	0.38%	0.42%	0.38%
VST	B	0.07%	2.2%	0.07%
WBD	C	0.09%	0.42%	0.09%

FELV Overweight 274 Positions Relative to AVMV

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%
CSCO	B	1.07%
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%
ABBV	D	0.85%
INTC	D	0.85%
BMY	B	0.84%
NEE	D	0.81%
DIS	B	0.8%
PYPL	B	0.79%
ETN	A	0.76%
UNP	C	0.75%
BDX	F	0.74%
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%
MMM	D	0.6%
CI	F	0.6%
AON	A	0.59%
PPG	F	0.57%
CCI	D	0.57%
CME	A	0.57%
NSC	B	0.57%
TMUS	B	0.56%
COP	C	0.56%
ABT	B	0.54%
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%
QCOM	F	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%
DBX	B	0.42%
AMAT	F	0.42%
MDT	D	0.4%
PCG	A	0.39%
PCAR	B	0.39%
MMC	B	0.38%
ADBE	C	0.37%
BLK	C	0.37%
IGT	F	0.36%
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%
GS	A	0.34%
FTV	C	0.33%
LPX	B	0.33%
F	C	0.33%
ZBRA	B	0.32%
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%
MA	C	0.28%
TRV	B	0.28%
GEV	B	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%
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%
CINF	A	0.22%
ED	D	0.22%
Z	A	0.22%
DOCU	A	0.22%
CRM	B	0.22%
DOC	D	0.22%
INCY	C	0.22%
SKYW	B	0.21%
MGM	D	0.21%
META	D	0.21%
HPE	B	0.21%
JCI	C	0.21%
AXP	A	0.2%
VMI	B	0.2%
MSI	B	0.2%
EQIX	A	0.2%
PNR	A	0.19%
NFLX	A	0.19%
DTE	C	0.19%
USFD	A	0.19%
ALL	A	0.19%
BSX	B	0.19%
MSCI	C	0.19%
AAPL	C	0.19%
SPG	B	0.18%
ITT	A	0.18%
ICE	C	0.18%
ZG	A	0.18%
EIX	B	0.17%
NVDA	C	0.17%
DHR	F	0.17%
PRU	A	0.17%
IQV	D	0.17%
LNW	D	0.17%
ACA	A	0.17%
CEG	D	0.17%
EQR	B	0.17%
GEHC	F	0.16%
QGEN	D	0.16%
MEDP	D	0.16%
TXN	C	0.16%
CCK	C	0.16%
CNP	B	0.15%
ILMN	D	0.15%
JXN	C	0.15%
AMGN	D	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%
WDAY	B	0.13%
ES	D	0.13%
PH	A	0.12%
SOLV	C	0.12%
NTAP	C	0.12%
ITW	B	0.12%
AVGO	D	0.12%
SO	D	0.12%
WMB	A	0.12%
EEFT	B	0.12%
HWM	A	0.12%
KHC	F	0.12%
BLD	D	0.11%
AIZ	A	0.11%
QRVO	F	0.11%
EA	A	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%
ADTN	A	0.1%
CRC	B	0.1%
ADP	B	0.1%
PEG	A	0.1%
MHO	D	0.1%
A	D	0.09%
CNO	A	0.09%
KD	B	0.09%
GPN	B	0.09%
MCK	B	0.09%
VRTX	F	0.09%
CRUS	D	0.09%
AMZN	C	0.08%
TENB	C	0.08%
DASH	A	0.08%
MKC	D	0.08%
DELL	C	0.08%
LH	C	0.08%
HON	B	0.08%
BBWI	D	0.08%
IFF	D	0.08%
ALRM	C	0.08%
AEP	D	0.08%
CMG	B	0.07%
REG	B	0.07%
LYFT	C	0.07%
LOW	D	0.07%
WCC	B	0.07%
NWL	B	0.06%
NWSA	B	0.06%
EW	C	0.06%
UPS	C	0.06%
LEG	F	0.06%
VSTS	C	0.06%
MDLZ	F	0.06%
OGE	B	0.06%
NMRK	B	0.06%
TRMB	B	0.05%
SAM	C	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%
ADI	D	0.04%
VLTO	D	0.04%
VAC	B	0.04%
CSGP	D	0.04%
HL	D	0.04%
BKH	A	0.04%
CTRE	D	0.04%
AXTA	A	0.03%
MSA	D	0.03%
TFX	F	0.03%
KLAC	D	0.03%
EXTR	B	0.03%
WS	B	0.03%
ALKS	B	0.03%
DHI	D	0.03%
NWS	B	0.03%
MATX	C	0.03%
AMD	F	0.02%
SWI	B	0.02%
OKTA	C	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%
CXT	B	0.01%
ROP	B	0.01%
DGX	A	0.01%
ANSS	B	0.01%
M	D	0.01%

FELV Underweight 178 Positions Relative to AVMV

Symbol	Grade	Weight
URI	B	-1.93%
HIG	B	-1.29%
ACGL	D	-1.13%
MTB	A	-1.12%
FITB	A	-1.08%
ON	D	-1.07%
DECK	A	-1.0%
EME	C	-0.97%
CSL	C	-0.94%
TPL	A	-0.88%
HBAN	A	-0.88%
TSCO	D	-0.84%
LII	A	-0.84%
LYB	F	-0.83%
WSM	B	-0.81%
RF	A	-0.81%
LPLA	A	-0.75%
JBL	B	-0.73%
EXPD	D	-0.72%
DRI	B	-0.72%
IP	B	-0.72%
NTRS	A	-0.69%
FLEX	A	-0.69%
RS	B	-0.69%
NVR	D	-0.69%
CFG	B	-0.67%
SNA	A	-0.67%
DOW	F	-0.67%
RPM	A	-0.65%
CF	B	-0.65%
UTHR	C	-0.64%
EQT	B	-0.62%
EBAY	D	-0.62%
FSLR	F	-0.61%
MRO	B	-0.61%
JBHT	C	-0.59%
MANH	D	-0.59%
EQH	B	-0.59%
CASY	A	-0.58%
FIX	A	-0.57%
WRB	A	-0.56%
SFM	A	-0.56%
VTRS	A	-0.56%
GGG	B	-0.55%
EWBC	A	-0.52%
SAIA	B	-0.52%
EG	C	-0.5%
POOL	C	-0.49%
FOXA	B	-0.48%
KMX	B	-0.46%
OVV	B	-0.46%
IDXX	F	-0.45%
MUSA	A	-0.45%
ULTA	F	-0.44%
CLH	B	-0.44%
BWXT	B	-0.44%
EXP	A	-0.42%
LECO	B	-0.42%
EMN	D	-0.42%
NCLH	B	-0.41%
AIT	A	-0.41%
MLI	C	-0.41%
WAL	B	-0.41%
TXRH	C	-0.4%
WMS	D	-0.4%
ATR	B	-0.39%
ZION	B	-0.38%
BALL	D	-0.38%
PRI	A	-0.38%
SF	B	-0.37%
BURL	A	-0.37%
UFPI	B	-0.37%
KNSL	B	-0.37%
CMA	A	-0.36%
R	B	-0.36%
WBS	A	-0.36%
ALLY	C	-0.36%
AFG	A	-0.35%
X	C	-0.35%
DCI	B	-0.34%
DG	F	-0.33%
PFGC	B	-0.33%
AOS	F	-0.33%
ORI	A	-0.32%
SSD	D	-0.32%
LNG	B	-0.32%
FND	C	-0.32%
GPC	D	-0.3%
BWA	D	-0.3%
JAZZ	B	-0.3%
RHI	B	-0.3%
DKS	C	-0.29%
RRC	B	-0.29%
RL	B	-0.29%
WTFC	A	-0.29%
ENSG	D	-0.29%
TREX	C	-0.28%
CFR	B	-0.28%
CMC	B	-0.28%
ALV	C	-0.28%
ATI	D	-0.27%
GPK	C	-0.27%
LSTR	D	-0.27%
DLTR	F	-0.27%
FCNCA	A	-0.27%
PR	B	-0.27%
LUV	C	-0.26%
COKE	C	-0.25%
CLF	F	-0.24%
MOS	F	-0.24%
FOX	A	-0.24%
BPOP	B	-0.24%
MTG	C	-0.24%
CBSH	A	-0.24%
UHAL	D	-0.24%
LULU	C	-0.24%
THO	B	-0.23%
AGCO	D	-0.23%
OMF	A	-0.23%
APA	D	-0.22%
NSIT	F	-0.22%
WFRD	D	-0.22%
FHN	A	-0.21%
CHX	C	-0.21%
BC	C	-0.21%
SM	B	-0.21%
EVR	B	-0.21%
LEA	D	-0.21%
SNX	C	-0.2%
BJ	A	-0.2%
BG	F	-0.2%
CHRD	D	-0.19%
MHK	D	-0.19%
ESNT	D	-0.19%
CIVI	D	-0.18%
OZK	B	-0.18%
CHRW	C	-0.18%
FYBR	D	-0.18%
OLN	D	-0.18%
CHDN	B	-0.17%
TKR	D	-0.17%
WLK	D	-0.17%
MGY	A	-0.16%
APTV	D	-0.16%
FAST	B	-0.16%
MTH	D	-0.15%
NEU	C	-0.15%
LVS	C	-0.15%
CROX	D	-0.13%
ENLC	A	-0.13%
AMKR	D	-0.12%
EL	F	-0.12%
PNFP	B	-0.11%
MKTX	D	-0.1%
BOKF	B	-0.09%
QLYS	C	-0.09%
HESM	B	-0.08%
AR	B	-0.08%
MSM	C	-0.07%
DDS	B	-0.06%
JKHY	D	-0.06%
CPNG	D	-0.05%
PII	D	-0.03%
SW	A	-0.03%
DAL	C	-0.03%
CNA	B	-0.03%
SSB	B	-0.02%
LNTH	D	-0.02%
UHAL	D	-0.02%
CACC	D	-0.01%
MLM	B	-0.01%
PTEN	C	-0.0%
NFE	D	-0.0%
FIZZ	C	-0.0%
VAL	D	-0.0%
DINO	D	-0.0%
ATKR	C	-0.0%
CLVT	F	-0.0%