FELV vs. FBUF ETF Comparison
Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to Fidelity Dynamic Buffered Equity ETF (FBUF)
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
$32.26
Average Daily Volume
105,833
Number of Holdings
*
323
* may have additional holdings in another (foreign) market
FBUF
Fidelity Dynamic Buffered Equity ETF
FBUF Description
FBUF seeks capital appreciation by investing in a large-cap equity portfolio of US and foreign stocks while utilizing a defensive options collar strategy. The fund aims to outperform the S&P 500 by picking stocks using a computer-aided, quantitative analysis of historical valuation, growth, and profitability, among other factors. The proprietary process seeks to find the optimal portfolio holdings, overweight stocks with positive characteristics, and manage benchmark relative risks. For the options strategy, the fund typically buys out-of-the-money put options on the S&P 500 Index and simultaneously sells out-of-the-money S&P 500 Index call options. Premium earned from writing calls is intended to offset the cost of buying puts, but this essentially caps the upside returns of the equity portfolio. For a continuous downside hedge, the adviser selects put options through a laddered approach that rolls monthly. The adviser diversifies the written call positions, which are rolled weekly, with different strike prices and expiration dates.Grade (RS Rating)
Last Trade
$27.42
Average Daily Volume
4,691
Number of Holdings
*
155
* may have additional holdings in another (foreign) market
Performance
| Period | FELV | FBUF |
|---|---|---|
| 30 Days | 3.13% | 1.93% |
| 60 Days | 5.35% | 4.39% |
| 90 Days | 6.57% | 5.67% |
| 12 Months | 28.71% |
134 Overlapping Holdings
| Symbol | Grade | Weight in FELV | Weight in FBUF | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 0.19% | 7.13% | 0.19% | |
| ABBV | F | 0.88% | 0.93% | 0.88% | |
| ABT | B | 0.52% | 0.62% | 0.52% | |
| ADBE | C | 0.37% | 0.98% | 0.37% | |
| ADP | A | 0.11% | 0.26% | 0.11% | |
| ALLE | C | 0.53% | 0.15% | 0.15% | |
| ALRM | C | 0.04% | 0.19% | 0.04% | |
| AMAT | F | 0.46% | 0.72% | 0.46% | |
| AME | A | 0.16% | 0.09% | 0.09% | |
| AMGN | F | 0.17% | 0.26% | 0.17% | |
| AMT | C | 0.1% | 0.2% | 0.1% | |
| AMZN | C | 0.03% | 3.92% | 0.03% | |
| ANF | F | 0.27% | 0.42% | 0.27% | |
| AON | A | 0.59% | 0.12% | 0.12% | |
| AVGO | D | 0.2% | 1.89% | 0.2% | |
| AXP | A | 0.2% | 0.43% | 0.2% | |
| BAC | A | 1.71% | 1.14% | 1.14% | |
| BBWI | C | 0.06% | 0.16% | 0.06% | |
| BDX | F | 0.69% | 0.59% | 0.59% | |
| BIIB | F | 0.33% | 0.22% | 0.22% | |
| BK | A | 0.62% | 0.12% | 0.12% | |
| BMY | B | 0.92% | 0.79% | 0.79% | |
| BRK.A | B | 3.54% | 2.14% | 2.14% | |
| C | A | 0.27% | 0.71% | 0.27% | |
| CACI | D | 0.58% | 0.21% | 0.21% | |
| CAH | B | 0.3% | 0.48% | 0.3% | |
| CAT | B | 0.55% | 0.53% | 0.53% | |
| CI | D | 0.63% | 0.65% | 0.63% | |
| CINF | A | 0.27% | 0.07% | 0.07% | |
| CL | D | 0.51% | 0.52% | 0.51% | |
| CLX | A | 0.24% | 0.13% | 0.13% | |
| CMCSA | B | 1.14% | 0.85% | 0.85% | |
| CME | B | 0.56% | 0.43% | 0.43% | |
| CMG | B | 0.07% | 0.48% | 0.07% | |
| CRM | B | 0.23% | 1.22% | 0.23% | |
| CRUS | D | 0.1% | 0.16% | 0.1% | |
| CSCO | B | 1.07% | 0.81% | 0.81% | |
| CSX | C | 0.37% | 0.59% | 0.37% | |
| CTAS | B | 0.54% | 0.67% | 0.54% | |
| CVNA | B | 0.62% | 0.52% | 0.52% | |
| CVS | D | 0.29% | 0.21% | 0.21% | |
| CVX | A | 0.51% | 0.02% | 0.02% | |
| DASH | B | 0.08% | 0.11% | 0.08% | |
| DBX | B | 0.44% | 0.54% | 0.44% | |
| DIS | B | 0.7% | 0.35% | 0.35% | |
| DOCU | B | 0.3% | 0.1% | 0.1% | |
| DVN | F | 0.34% | 0.51% | 0.34% | |
| ECL | D | 0.5% | 0.62% | 0.5% | |
| ED | C | 0.22% | 0.1% | 0.1% | |
| EOG | A | 0.45% | 0.29% | 0.29% | |
| ETN | A | 0.77% | 0.16% | 0.16% | |
| EXEL | B | 0.36% | 0.55% | 0.36% | |
| F | C | 0.32% | 0.32% | 0.32% | |
| GAP | C | 0.25% | 0.21% | 0.21% | |
| GE | D | 1.07% | 0.49% | 0.49% | |
| GILD | C | 0.99% | 0.78% | 0.78% | |
| GL | C | 0.27% | 0.13% | 0.13% | |
| GRMN | B | 0.09% | 0.45% | 0.09% | |
| HD | B | 0.44% | 1.28% | 0.44% | |
| HWM | A | 0.12% | 0.42% | 0.12% | |
| IGT | F | 0.5% | 0.49% | 0.49% | |
| INCY | C | 0.23% | 0.35% | 0.23% | |
| ITW | B | 0.12% | 0.14% | 0.12% | |
| JNJ | C | 1.14% | 0.71% | 0.71% | |
| JPM | A | 2.81% | 1.87% | 1.87% | |
| KLAC | F | 0.03% | 0.65% | 0.03% | |
| KR | B | 0.31% | 0.12% | 0.12% | |
| LDOS | C | 0.58% | 0.38% | 0.38% | |
| LHX | C | 0.43% | 0.22% | 0.22% | |
| LMT | D | 0.67% | 0.74% | 0.67% | |
| LNW | F | 0.18% | 0.17% | 0.17% | |
| LYFT | C | 0.01% | 0.09% | 0.01% | |
| MA | B | 0.28% | 1.36% | 0.28% | |
| MEDP | D | 0.18% | 0.33% | 0.18% | |
| META | D | 0.21% | 3.01% | 0.21% | |
| MGM | D | 0.2% | 0.23% | 0.2% | |
| MMC | B | 0.38% | 0.52% | 0.38% | |
| MMM | D | 0.6% | 0.19% | 0.19% | |
| MSCI | C | 0.19% | 0.26% | 0.19% | |
| MSI | B | 0.2% | 0.43% | 0.2% | |
| MU | D | 0.95% | 0.69% | 0.69% | |
| NEE | C | 0.78% | 0.79% | 0.78% | |
| NFLX | A | 0.18% | 1.24% | 0.18% | |
| NOC | D | 0.67% | 0.65% | 0.65% | |
| NSC | B | 0.58% | 0.09% | 0.09% | |
| NUE | C | 0.36% | 0.37% | 0.36% | |
| NVDA | B | 0.18% | 7.69% | 0.18% | |
| OXY | D | 0.08% | 0.14% | 0.08% | |
| PCAR | B | 0.4% | 0.39% | 0.39% | |
| PFE | F | 0.88% | 0.43% | 0.43% | |
| PG | C | 1.18% | 0.77% | 0.77% | |
| PGR | A | 0.35% | 0.68% | 0.35% | |
| PLTK | B | 0.05% | 0.07% | 0.05% | |
| PM | B | 1.22% | 0.87% | 0.87% | |
| PPG | F | 0.57% | 0.33% | 0.33% | |
| PSA | C | 0.51% | 0.16% | 0.16% | |
| PYPL | B | 0.79% | 0.73% | 0.73% | |
| QCOM | F | 0.47% | 0.83% | 0.47% | |
| QRVO | F | 0.11% | 0.06% | 0.06% | |
| RSG | A | 0.65% | 0.23% | 0.23% | |
| RTX | D | 0.72% | 0.28% | 0.28% | |
| SCHW | B | 0.83% | 0.74% | 0.74% | |
| SEIC | B | 0.57% | 0.55% | 0.55% | |
| SKYW | C | 0.21% | 0.31% | 0.21% | |
| SPG | A | 0.18% | 0.43% | 0.18% | |
| SPGI | C | 0.71% | 0.38% | 0.38% | |
| SQ | A | 0.69% | 0.61% | 0.61% | |
| SSNC | B | 0.57% | 0.38% | 0.38% | |
| SYK | B | 0.25% | 0.23% | 0.23% | |
| T | A | 0.98% | 0.68% | 0.68% | |
| TDC | D | 0.27% | 0.35% | 0.27% | |
| TJX | A | 0.27% | 0.71% | 0.27% | |
| TMO | F | 0.79% | 0.4% | 0.4% | |
| TMUS | B | 0.55% | 0.09% | 0.09% | |
| TNL | A | 0.01% | 0.04% | 0.01% | |
| TOL | B | 0.28% | 0.02% | 0.02% | |
| TPH | D | 0.36% | 0.18% | 0.18% | |
| TROW | B | 0.13% | 0.28% | 0.13% | |
| TRV | B | 0.27% | 0.25% | 0.25% | |
| TT | A | 0.52% | 0.67% | 0.52% | |
| TWLO | A | 0.46% | 0.09% | 0.09% | |
| TXT | D | 0.55% | 0.52% | 0.52% | |
| UNH | B | 1.64% | 0.59% | 0.59% | |
| UNM | A | 0.36% | 0.09% | 0.09% | |
| UNP | C | 0.76% | 0.75% | 0.75% | |
| VEEV | C | 0.3% | 0.04% | 0.04% | |
| VST | A | 0.06% | 0.13% | 0.06% | |
| VZ | C | 0.65% | 0.23% | 0.23% | |
| WM | B | 0.25% | 0.42% | 0.25% | |
| WMT | A | 1.73% | 0.81% | 0.81% | |
| WTW | B | 0.26% | 0.11% | 0.11% | |
| XOM | B | 2.47% | 1.54% | 1.54% | |
| ZBRA | B | 0.33% | 0.54% | 0.33% | |
| ZM | C | 0.66% | 0.59% | 0.59% |
FELV Overweight 189 Positions Relative to FBUF
| Symbol | Grade | Weight | |
|---|---|---|---|
| WFC | A | 1.01% | |
| INTC | C | 0.85% | |
| PNC | B | 0.72% | |
| CCI | C | 0.55% | |
| COP | C | 0.54% | |
| MS | A | 0.53% | |
| WAB | B | 0.49% | |
| STLD | B | 0.48% | |
| DD | C | 0.48% | |
| COF | C | 0.48% | |
| LIN | C | 0.46% | |
| MDT | D | 0.39% | |
| PCG | A | 0.38% | |
| L | A | 0.34% | |
| ACN | B | 0.34% | |
| GS | A | 0.34% | |
| EVRG | A | 0.34% | |
| BRX | A | 0.34% | |
| CMI | A | 0.33% | |
| FTV | C | 0.33% | |
| PRU | A | 0.33% | |
| LPX | B | 0.31% | |
| GEV | B | 0.3% | |
| MCD | D | 0.28% | |
| VMC | B | 0.28% | |
| DUK | C | 0.27% | |
| IBM | C | 0.27% | |
| FR | D | 0.27% | |
| MO | A | 0.26% | |
| SEE | C | 0.25% | |
| FLS | B | 0.25% | |
| VICI | C | 0.24% | |
| XEL | A | 0.24% | |
| EXC | C | 0.23% | |
| KMI | A | 0.23% | |
| DOC | C | 0.23% | |
| CNC | D | 0.23% | |
| TFC | A | 0.23% | |
| JCI | B | 0.22% | |
| HPE | B | 0.21% | |
| OC | A | 0.21% | |
| Z | A | 0.2% | |
| EQIX | A | 0.2% | |
| VMI | B | 0.2% | |
| IQV | F | 0.19% | |
| TMHC | C | 0.19% | |
| USFD | A | 0.19% | |
| MTDR | B | 0.18% | |
| CEG | C | 0.18% | |
| ALL | A | 0.18% | |
| ICE | C | 0.18% | |
| ITT | A | 0.18% | |
| CCK | D | 0.18% | |
| BSX | A | 0.18% | |
| PNR | A | 0.18% | |
| ILMN | C | 0.17% | |
| EQR | C | 0.17% | |
| KEY | B | 0.17% | |
| DHR | F | 0.17% | |
| ACA | A | 0.17% | |
| GD | D | 0.16% | |
| GEHC | D | 0.16% | |
| AES | F | 0.16% | |
| EIX | B | 0.16% | |
| PFG | D | 0.16% | |
| ZG | A | 0.16% | |
| TXN | C | 0.16% | |
| JXN | C | 0.16% | |
| RCL | A | 0.15% | |
| CNP | A | 0.14% | |
| WDC | D | 0.14% | |
| TAP | C | 0.14% | |
| BBY | D | 0.14% | |
| STT | B | 0.14% | |
| FANG | C | 0.14% | |
| KHC | F | 0.13% | |
| PKG | A | 0.13% | |
| WDAY | B | 0.13% | |
| CCL | A | 0.13% | |
| UHS | D | 0.13% | |
| ES | C | 0.13% | |
| SWKS | F | 0.13% | |
| KMB | C | 0.13% | |
| FTI | A | 0.13% | |
| PH | A | 0.12% | |
| WMB | A | 0.12% | |
| ELV | F | 0.12% | |
| NTAP | C | 0.12% | |
| BMRN | F | 0.12% | |
| SOLV | D | 0.12% | |
| HAL | C | 0.12% | |
| EEFT | B | 0.12% | |
| CRC | A | 0.11% | |
| QGEN | D | 0.11% | |
| ROST | D | 0.11% | |
| AM | A | 0.11% | |
| BLD | D | 0.11% | |
| BCC | B | 0.11% | |
| MHO | D | 0.11% | |
| ENS | F | 0.11% | |
| BKH | A | 0.11% | |
| AMH | C | 0.11% | |
| ADTN | A | 0.1% | |
| ADM | D | 0.1% | |
| VRTX | D | 0.1% | |
| AIZ | A | 0.1% | |
| HUM | C | 0.1% | |
| PEG | A | 0.1% | |
| BKR | A | 0.1% | |
| WBD | B | 0.09% | |
| TPR | B | 0.09% | |
| DTE | C | 0.09% | |
| IFF | D | 0.09% | |
| CNO | B | 0.09% | |
| KD | B | 0.09% | |
| GPN | B | 0.09% | |
| A | D | 0.09% | |
| WCC | B | 0.08% | |
| DELL | B | 0.08% | |
| HON | C | 0.08% | |
| ACT | C | 0.08% | |
| MKC | C | 0.08% | |
| BAX | F | 0.08% | |
| LH | B | 0.08% | |
| AEP | C | 0.08% | |
| TRGP | A | 0.08% | |
| REG | A | 0.07% | |
| SO | C | 0.07% | |
| BYD | B | 0.07% | |
| LOW | C | 0.07% | |
| UPS | C | 0.06% | |
| CW | C | 0.06% | |
| NWSA | A | 0.06% | |
| NWL | C | 0.06% | |
| AMD | F | 0.06% | |
| SON | F | 0.06% | |
| LEG | F | 0.06% | |
| EA | A | 0.06% | |
| ARW | D | 0.06% | |
| VSTS | C | 0.06% | |
| OGE | A | 0.06% | |
| MDLZ | F | 0.06% | |
| NMRK | C | 0.06% | |
| CTRA | B | 0.05% | |
| SAM | C | 0.05% | |
| DFS | B | 0.05% | |
| TRMB | B | 0.05% | |
| ALKS | C | 0.05% | |
| GLPI | C | 0.05% | |
| FHI | B | 0.05% | |
| NEM | D | 0.05% | |
| GIS | D | 0.05% | |
| EW | C | 0.05% | |
| VLTO | C | 0.04% | |
| MATX | C | 0.04% | |
| ADI | D | 0.04% | |
| MSA | F | 0.04% | |
| INGR | C | 0.04% | |
| HL | D | 0.04% | |
| CSGP | D | 0.04% | |
| CWEN | C | 0.04% | |
| AXTA | B | 0.03% | |
| ITRI | C | 0.03% | |
| WOOF | D | 0.03% | |
| SYF | B | 0.03% | |
| RGA | A | 0.03% | |
| TFX | F | 0.03% | |
| RJF | A | 0.03% | |
| WS | C | 0.03% | |
| EXTR | C | 0.03% | |
| NWS | A | 0.03% | |
| DHI | F | 0.03% | |
| ELAN | D | 0.03% | |
| GLW | B | 0.02% | |
| CWEN | C | 0.02% | |
| AYI | B | 0.02% | |
| TENB | C | 0.02% | |
| SWI | C | 0.02% | |
| BERY | C | 0.02% | |
| OKTA | C | 0.02% | |
| OGN | F | 0.02% | |
| FTDR | B | 0.01% | |
| MCK | A | 0.01% | |
| MUR | D | 0.01% | |
| CXT | C | 0.01% | |
| DGX | A | 0.01% | |
| ANSS | B | 0.01% | |
| AXS | A | 0.01% | |
| M | F | 0.01% |
FELV Underweight 21 Positions Relative to FBUF
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | D | -5.68% | |
| GOOGL | C | -2.08% | |
| GOOG | C | -1.93% | |
| TSLA | B | -1.18% | |
| LLY | F | -0.85% | |
| MRK | D | -0.76% | |
| V | A | -0.63% | |
| NOW | A | -0.51% | |
| UBER | F | -0.32% | |
| COST | A | -0.3% | |
| LRCX | F | -0.25% | |
| PEP | F | -0.19% | |
| GEN | B | -0.14% | |
| LPLA | A | -0.11% | |
| IDXX | F | -0.1% | |
| NRG | B | -0.09% | |
| ANET | C | -0.07% | |
| NBIX | C | -0.07% | |
| UTHR | C | -0.05% | |
| ORCL | A | -0.04% | |
| PEGA | B | -0.02% |
FELV: Top Represented Industries & Keywords
Industries:
Utilities - Regulated Electric
Diversified Industrials
Semiconductors
Diagnostics & Research
Oil & Gas E&P
Software - Application
Drug Manufacturers - Major
Asset Management
Capital Markets
Communication Equipment
Credit Services
Health Care Plans
Insurance - Property & Casualty
Aerospace & Defense
Apparel Stores
Biotechnology
Business Services
Household & Personal Products
Information Technology Services
Insurance - Life
FBUF: Top Represented Industries & Keywords
Industries:
Software - Application
Drug Manufacturers - Major
Semiconductors
Telecom Services
Aerospace & Defense
Apparel Stores
Biotechnology
Capital Markets
Credit Services
Diversified Industrials
Software - Infrastructure
Specialty Industrial Machinery
Asset Management
Banks - Global
Communication Equipment
Diagnostics & Research
Health Care Plans
Household & Personal Products
Insurance - Property & Casualty
Insurance Brokers
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