FELV vs. FCTR ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to First Trust Lunt U.S. Factor Rotation ETF (FCTR)

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

FCTR

First Trust Lunt U.S. Factor Rotation ETF

FCTR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Lunt Capital Large Cap Factor Rotation Index (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is designed to provide exposure to U.S. large cap equities grouped into four separate factors, with factors emphasized within the index as they come into favor in the U.S. marketplace. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.76

Average Daily Volume

7,787

Number of Holdings ^*

166

* may have additional holdings in another (foreign) market

Performance

Period	FELV	FCTR
30 Days	4.38%	9.38%
60 Days	5.85%	12.16%
90 Days	7.57%	17.79%
12 Months	29.90%	36.88%

67 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in FCTR	Overlap
AAPL	C	0.19%	0.66%	0.19%
ADBE	C	0.37%	0.37%	0.37%
ADP	B	0.1%	1.1%	0.1%
AEP	D	0.08%	0.41%	0.08%
AME	A	0.26%	0.22%	0.22%
AMT	D	0.14%	0.34%	0.14%
AVGO	D	0.12%	0.43%	0.12%
BDX	F	0.74%	0.39%	0.39%
BLK	C	0.37%	0.45%	0.37%
BRK.A	B	3.64%	0.24%	0.24%
BSX	B	0.19%	0.47%	0.19%
CL	D	0.54%	1.01%	0.54%
CMG	B	0.07%	0.22%	0.07%
CSCO	B	1.07%	0.25%	0.25%
CTAS	B	0.43%	1.05%	0.43%
DASH	A	0.08%	0.47%	0.08%
DHI	D	0.03%	0.34%	0.03%
DTE	C	0.19%	0.4%	0.19%
DUK	C	0.28%	0.49%	0.28%
ED	D	0.22%	0.43%	0.22%
EIX	B	0.17%	0.43%	0.17%
EQR	B	0.17%	0.4%	0.17%
ETN	A	0.76%	0.3%	0.3%
EXC	C	0.24%	0.4%	0.24%
GIS	D	0.05%	0.35%	0.05%
GLPI	C	0.05%	0.42%	0.05%
HON	B	0.08%	0.24%	0.08%
HWM	A	0.12%	0.79%	0.12%
ICE	C	0.18%	0.77%	0.18%
ITW	B	0.12%	0.84%	0.12%
KLAC	D	0.03%	0.32%	0.03%
KMB	D	0.14%	0.39%	0.14%
LDOS	C	0.47%	0.8%	0.47%
LMT	D	0.64%	0.45%	0.45%
MA	C	0.28%	1.36%	0.28%
MCD	D	0.28%	0.65%	0.28%
MDLZ	F	0.06%	0.19%	0.06%
MDT	D	0.4%	0.39%	0.39%
META	D	0.21%	0.45%	0.21%
MMC	B	0.38%	0.54%	0.38%
MSCI	C	0.19%	0.49%	0.19%
MSI	B	0.2%	1.73%	0.2%
NFLX	A	0.19%	0.47%	0.19%
NOC	D	0.63%	0.4%	0.4%
NVDA	C	0.17%	0.77%	0.17%
PCAR	B	0.39%	0.19%	0.19%
PG	A	1.24%	0.52%	0.52%
PGR	A	0.35%	0.48%	0.35%
PH	A	0.12%	0.62%	0.12%
PHM	D	0.01%	0.42%	0.01%
PPG	F	0.57%	0.41%	0.41%
PSA	D	0.52%	0.34%	0.34%
RCL	A	0.15%	0.56%	0.15%
ROP	B	0.01%	0.42%	0.01%
ROST	C	0.11%	0.47%	0.11%
RSG	A	0.66%	0.24%	0.24%
SO	D	0.12%	0.44%	0.12%
SPGI	C	0.63%	0.47%	0.47%
SYK	C	0.26%	1.36%	0.26%
TJX	A	0.28%	0.6%	0.28%
TOL	B	0.28%	0.52%	0.28%
TRGP	B	0.09%	0.73%	0.09%
TT	A	0.52%	0.82%	0.52%
VICI	C	0.25%	0.63%	0.25%
VRTX	F	0.09%	0.37%	0.09%
VST	B	0.07%	1.86%	0.07%
WM	A	0.25%	0.22%	0.22%

FELV Overweight 265 Positions Relative to FCTR

Symbol	Grade	Weight
JPM	A	2.93%
XOM	B	2.51%
BAC	A	1.77%
WMT	A	1.76%
UNH	C	1.57%
PM	B	1.31%
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%
ABBV	D	0.85%
INTC	D	0.85%
BMY	B	0.84%
NEE	D	0.81%
DIS	B	0.8%
PYPL	B	0.79%
UNP	C	0.75%
TMO	F	0.73%
SQ	B	0.7%
PNC	B	0.7%
RTX	C	0.7%
VZ	C	0.68%
BK	A	0.63%
CVNA	B	0.62%
MMM	D	0.6%
CI	F	0.6%
AON	A	0.59%
SEIC	B	0.58%
CCI	D	0.57%
CME	A	0.57%
NSC	B	0.57%
TMUS	B	0.56%
COP	C	0.56%
ABT	B	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%
ECL	D	0.5%
QCOM	F	0.5%
SSNC	B	0.5%
DD	D	0.48%
C	A	0.48%
COF	B	0.47%
CACI	D	0.46%
LIN	D	0.46%
LHX	C	0.45%
HD	A	0.45%
WAB	B	0.45%
DBX	B	0.42%
AMAT	F	0.42%
PCG	A	0.39%
UNM	A	0.38%
IGT	F	0.36%
L	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%
VMC	B	0.28%
VEEV	C	0.28%
MO	A	0.28%
GL	B	0.28%
TRV	B	0.28%
GEV	B	0.28%
ANF	C	0.28%
IBM	C	0.27%
TDC	D	0.27%
WTW	B	0.26%
CLX	B	0.25%
GAP	C	0.25%
XEL	A	0.25%
SEE	C	0.25%
FLS	B	0.25%
KMI	A	0.24%
TFC	A	0.24%
CNC	D	0.23%
CINF	A	0.22%
Z	A	0.22%
DOCU	A	0.22%
OC	A	0.22%
CRM	B	0.22%
DOC	D	0.22%
INCY	C	0.22%
SKYW	B	0.21%
MGM	D	0.21%
HPE	B	0.21%
JCI	C	0.21%
AXP	A	0.2%
VMI	B	0.2%
EQIX	A	0.2%
PNR	A	0.19%
USFD	A	0.19%
FTI	A	0.19%
ALL	A	0.19%
KEY	B	0.18%
SPG	B	0.18%
ITT	A	0.18%
TMHC	B	0.18%
ZG	A	0.18%
DHR	F	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%
GEHC	F	0.16%
TAP	C	0.16%
QGEN	D	0.16%
MEDP	D	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%
ILMN	D	0.15%
JXN	C	0.15%
AMGN	D	0.15%
OXY	D	0.15%
WDC	D	0.14%
HUM	C	0.14%
GD	F	0.14%
HAL	C	0.13%
PKG	A	0.13%
WDAY	B	0.13%
SWKS	F	0.13%
CCL	B	0.13%
ES	D	0.13%
TROW	B	0.13%
SOLV	C	0.12%
NTAP	C	0.12%
WMB	A	0.12%
EEFT	B	0.12%
KHC	F	0.12%
UHS	D	0.12%
BLD	D	0.11%
AIZ	A	0.11%
QRVO	F	0.11%
EA	A	0.11%
ENS	D	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%
PEG	A	0.1%
MHO	D	0.1%
FANG	D	0.09%
A	D	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%
CRUS	D	0.09%
AMZN	C	0.08%
TENB	C	0.08%
MKC	D	0.08%
DELL	C	0.08%
LH	C	0.08%
BBWI	D	0.08%
IFF	D	0.08%
ALRM	C	0.08%
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%
EW	C	0.06%
UPS	C	0.06%
LEG	F	0.06%
ARW	D	0.06%
VSTS	C	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%
CW	B	0.05%
PLTK	B	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%
UAL	A	0.03%
RGA	A	0.03%
EXTR	B	0.03%
WS	B	0.03%
RJF	A	0.03%
ALKS	B	0.03%
NWS	B	0.03%
MATX	C	0.03%
AMD	F	0.02%
CWEN	C	0.02%
AYI	B	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%
MUR	D	0.01%
CXT	B	0.01%
BLDR	D	0.01%
DGX	A	0.01%
ANSS	B	0.01%
AXS	A	0.01%
SON	D	0.01%
GLW	B	0.01%
M	D	0.01%

FELV Underweight 99 Positions Relative to FCTR

Symbol	Grade	Weight
APP	B	-3.82%
PLTR	B	-2.43%
MSTR	C	-2.06%
FICO	B	-1.51%
AXON	A	-1.45%
PAYX	C	-1.42%
BR	A	-1.37%
V	A	-1.34%
ANET	C	-1.24%
ARES	A	-1.04%
APO	B	-1.03%
TDG	D	-0.99%
YUM	B	-0.95%
BRO	B	-0.94%
VRSK	A	-0.93%
HOOD	B	-0.92%
FI	A	-0.92%
ISRG	A	-0.91%
FDS	B	-0.9%
ROL	B	-0.9%
VRSN	F	-0.87%
THC	D	-0.81%
ACGL	D	-0.8%
SYY	B	-0.77%
EME	C	-0.77%
TPL	A	-0.75%
LLY	F	-0.72%
MANH	D	-0.7%
CRWD	B	-0.68%
KKR	A	-0.68%
IRM	D	-0.61%
TTD	B	-0.59%
NET	B	-0.58%
DDOG	A	-0.56%
HUBS	A	-0.55%
NI	A	-0.55%
CDNS	B	-0.54%
ZS	C	-0.53%
SBAC	D	-0.53%
LNG	B	-0.52%
KO	D	-0.52%
FAST	B	-0.52%
NOW	A	-0.51%
SNOW	C	-0.51%
TTWO	A	-0.51%
PPL	B	-0.51%
ORCL	B	-0.51%
FE	C	-0.5%
SRE	A	-0.5%
PANW	C	-0.5%
ETR	B	-0.5%
DRI	B	-0.49%
RBLX	C	-0.49%
LNT	A	-0.49%
WEC	A	-0.48%
CMS	C	-0.46%
ERIE	D	-0.45%
DPZ	C	-0.45%
AEE	A	-0.45%
SNPS	B	-0.44%
AVB	B	-0.43%
ALNY	D	-0.43%
ORLY	B	-0.43%
ADSK	A	-0.42%
KDP	D	-0.42%
URI	B	-0.41%
O	D	-0.41%
MDB	C	-0.4%
DXCM	D	-0.4%
AFL	B	-0.4%
MCO	B	-0.39%
CARR	D	-0.38%
AWK	D	-0.38%
LW	C	-0.37%
PWR	A	-0.37%
INTU	C	-0.37%
LII	A	-0.37%
BSY	D	-0.37%
NVR	D	-0.36%
BX	A	-0.36%
MSFT	F	-0.36%
OKE	A	-0.36%
COST	B	-0.34%
CSL	C	-0.33%
HCA	F	-0.33%
RIVN	F	-0.32%
MPWR	F	-0.31%
IDXX	F	-0.31%
FCNCA	A	-0.31%
BKNG	A	-0.29%
GWW	B	-0.28%
ATO	A	-0.27%
CPAY	A	-0.26%
CHD	B	-0.23%
CB	C	-0.23%
PEP	F	-0.2%
HSY	F	-0.19%
MNST	C	-0.19%
LECO	B	-0.17%