FELV vs. FELC ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to Fidelity Enhanced Large Cap Core ETF (FELC)

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

FELC

Fidelity Enhanced Large Cap Core ETF

FELC Description

The fund will normally invest at least 80% of assets in common stocks included in the S&P 500® Index, which is a market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance. 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

$33.43

Average Daily Volume

581,796

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	FELV	FELC
30 Days	4.38%	3.27%
60 Days	5.85%	5.09%
90 Days	7.57%	6.09%
12 Months	29.90%	33.74%

148 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in FELC	Overlap
A	D	0.09%	0.03%	0.03%
AAPL	C	0.19%	7.38%	0.19%
ABBV	D	0.85%	1.02%	0.85%
ABT	B	0.54%	0.56%	0.54%
ADBE	C	0.37%	0.94%	0.37%
ADP	B	0.1%	0.2%	0.1%
AES	F	0.16%	0.01%	0.01%
ALLE	D	0.54%	0.33%	0.33%
ALRM	C	0.08%	0.2%	0.08%
AMAT	F	0.42%	0.68%	0.42%
AMGN	D	0.15%	0.33%	0.15%
AMT	D	0.14%	0.24%	0.14%
AMZN	C	0.08%	3.93%	0.08%
ANF	C	0.28%	0.42%	0.28%
AON	A	0.59%	0.35%	0.35%
AVGO	D	0.12%	1.72%	0.12%
AXP	A	0.2%	0.31%	0.2%
AXTA	A	0.03%	0.05%	0.03%
BAC	A	1.77%	1.2%	1.2%
BBWI	D	0.08%	0.11%	0.08%
BDX	F	0.74%	0.62%	0.62%
BIIB	F	0.3%	0.1%	0.1%
BK	A	0.63%	0.11%	0.11%
BLD	D	0.11%	0.11%	0.11%
BMY	B	0.84%	0.75%	0.75%
BRK.A	B	3.64%	2.25%	2.25%
C	A	0.48%	0.02%	0.02%
CACI	D	0.46%	0.4%	0.4%
CAH	B	0.3%	0.31%	0.3%
CAT	B	0.54%	0.57%	0.54%
CCL	B	0.13%	0.26%	0.13%
CI	F	0.6%	0.63%	0.6%
CL	D	0.54%	0.47%	0.47%
CLX	B	0.25%	0.11%	0.11%
CMCSA	B	1.13%	0.86%	0.86%
CME	A	0.57%	0.5%	0.5%
CMG	B	0.07%	0.35%	0.07%
CRM	B	0.22%	1.15%	0.22%
CRUS	D	0.09%	0.03%	0.03%
CSCO	B	1.07%	0.66%	0.66%
CSX	B	0.34%	0.54%	0.34%
CTAS	B	0.43%	0.69%	0.43%
CVNA	B	0.62%	0.55%	0.55%
CVS	D	0.3%	0.25%	0.25%
CVX	A	0.53%	0.01%	0.01%
DASH	A	0.08%	0.18%	0.08%
DBX	B	0.42%	0.52%	0.42%
DHI	D	0.03%	0.06%	0.03%
DIS	B	0.8%	0.65%	0.65%
DOCU	A	0.22%	0.02%	0.02%
DVN	F	0.34%	0.53%	0.34%
ECL	D	0.5%	0.63%	0.5%
ED	D	0.22%	0.15%	0.15%
EOG	A	0.53%	0.54%	0.53%
EXEL	B	0.35%	0.45%	0.35%
F	C	0.33%	0.11%	0.11%
FR	C	0.28%	0.08%	0.08%
GAP	C	0.25%	0.22%	0.22%
GE	D	1.05%	0.39%	0.39%
GEHC	F	0.16%	0.04%	0.04%
GILD	C	0.92%	0.74%	0.74%
GL	B	0.28%	0.21%	0.21%
GPN	B	0.09%	0.02%	0.02%
GRMN	B	0.11%	0.22%	0.11%
GS	A	0.34%	0.15%	0.15%
HD	A	0.45%	1.29%	0.45%
HWM	A	0.12%	0.1%	0.1%
IGT	F	0.36%	0.46%	0.36%
INCY	C	0.22%	0.28%	0.22%
JNJ	D	1.02%	0.74%	0.74%
JPM	A	2.93%	1.94%	1.94%
KLAC	D	0.03%	0.63%	0.03%
KR	B	0.31%	0.03%	0.03%
LDOS	C	0.47%	0.24%	0.24%
LHX	C	0.45%	0.21%	0.21%
LMT	D	0.64%	0.71%	0.64%
LNW	D	0.17%	0.11%	0.11%
LYFT	C	0.07%	0.21%	0.07%
MA	C	0.28%	1.36%	0.28%
MCK	B	0.09%	0.06%	0.06%
MEDP	D	0.16%	0.21%	0.16%
META	D	0.21%	2.89%	0.21%
MGM	D	0.21%	0.3%	0.21%
MKL	A	0.17%	0.08%	0.08%
MMC	B	0.38%	0.29%	0.29%
MMM	D	0.6%	0.13%	0.13%
MS	A	0.54%	0.31%	0.31%
MSCI	C	0.19%	0.33%	0.19%
MSI	B	0.2%	0.5%	0.2%
MU	D	0.86%	0.66%	0.66%
NEE	D	0.81%	0.84%	0.81%
NFLX	A	0.19%	1.3%	0.19%
NOC	D	0.63%	0.6%	0.6%
NSC	B	0.57%	0.38%	0.38%
NUE	C	0.34%	0.2%	0.2%
NVDA	C	0.17%	7.39%	0.17%
OXY	D	0.15%	0.19%	0.15%
PCAR	B	0.39%	0.52%	0.39%
PFE	D	0.85%	0.42%	0.42%
PG	A	1.24%	0.72%	0.72%
PGR	A	0.35%	0.74%	0.35%
PLTK	B	0.05%	0.04%	0.04%
PM	B	1.31%	0.94%	0.94%
PNC	B	0.7%	0.12%	0.12%
PPG	F	0.57%	0.3%	0.3%
PSA	D	0.52%	0.09%	0.09%
PYPL	B	0.79%	0.34%	0.34%
QCOM	F	0.5%	0.88%	0.5%
QRVO	F	0.11%	0.12%	0.11%
ROST	C	0.11%	0.04%	0.04%
RSG	A	0.66%	0.24%	0.24%
RTX	C	0.7%	0.7%	0.7%
SCHW	B	0.88%	0.8%	0.8%
SEIC	B	0.58%	0.3%	0.3%
SKYW	B	0.21%	0.23%	0.21%
SOLV	C	0.12%	0.09%	0.09%
SPG	B	0.18%	0.59%	0.18%
SPGI	C	0.63%	0.31%	0.31%
SQ	B	0.7%	0.58%	0.58%
SSNC	B	0.5%	0.38%	0.38%
STLD	B	0.33%	0.06%	0.06%
SWKS	F	0.13%	0.03%	0.03%
SYK	C	0.26%	0.03%	0.03%
T	A	1.02%	0.73%	0.73%
TDC	D	0.27%	0.37%	0.27%
TJX	A	0.28%	0.59%	0.28%
TMO	F	0.73%	0.33%	0.33%
TMUS	B	0.56%	0.31%	0.31%
TROW	B	0.13%	0.31%	0.13%
TRV	B	0.28%	0.43%	0.28%
TT	A	0.52%	0.52%	0.52%
TWLO	A	0.3%	0.13%	0.13%
TXT	D	0.53%	0.52%	0.52%
UNH	C	1.57%	0.57%	0.57%
UNM	A	0.38%	0.12%	0.12%
UNP	C	0.75%	0.76%	0.75%
VEEV	C	0.28%	0.08%	0.08%
VST	B	0.07%	0.12%	0.07%
VZ	C	0.68%	0.06%	0.06%
WBD	C	0.09%	0.01%	0.01%
WDAY	B	0.13%	0.16%	0.13%
WFC	A	1.22%	0.1%	0.1%
WM	A	0.25%	0.32%	0.25%
WMT	A	1.76%	1.14%	1.14%
WTW	B	0.26%	0.14%	0.14%
XOM	B	2.51%	1.56%	1.56%
ZBRA	B	0.32%	0.06%	0.06%
ZM	B	0.52%	0.51%	0.51%

FELV Overweight 184 Positions Relative to FELC

Symbol	Grade	Weight
INTC	D	0.85%
ETN	A	0.76%
CCI	D	0.57%
COP	C	0.56%
DD	D	0.48%
COF	B	0.47%
LIN	D	0.46%
WAB	B	0.45%
MDT	D	0.4%
PCG	A	0.39%
BLK	C	0.37%
L	A	0.35%
TPH	D	0.35%
EVRG	A	0.35%
BRX	A	0.35%
CMI	A	0.34%
ACN	C	0.34%
FTV	C	0.33%
LPX	B	0.33%
MCD	D	0.28%
VMC	B	0.28%
DUK	C	0.28%
MO	A	0.28%
TOL	B	0.28%
GEV	B	0.28%
IBM	C	0.27%
AME	A	0.26%
VICI	C	0.25%
XEL	A	0.25%
SEE	C	0.25%
FLS	B	0.25%
EXC	C	0.24%
KMI	A	0.24%
TFC	A	0.24%
CNC	D	0.23%
CINF	A	0.22%
Z	A	0.22%
OC	A	0.22%
DOC	D	0.22%
HPE	B	0.21%
JCI	C	0.21%
VMI	B	0.2%
EQIX	A	0.2%
PNR	A	0.19%
DTE	C	0.19%
USFD	A	0.19%
FTI	A	0.19%
ALL	A	0.19%
BSX	B	0.19%
KEY	B	0.18%
ITT	A	0.18%
ICE	C	0.18%
TMHC	B	0.18%
ZG	A	0.18%
EIX	B	0.17%
DHR	F	0.17%
PRU	A	0.17%
IQV	D	0.17%
ACA	A	0.17%
CEG	D	0.17%
EQR	B	0.17%
TAP	C	0.16%
QGEN	D	0.16%
TXN	C	0.16%
CCK	C	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%
RCL	A	0.15%
WDC	D	0.14%
KMB	D	0.14%
HUM	C	0.14%
GD	F	0.14%
HAL	C	0.13%
PKG	A	0.13%
ES	D	0.13%
PH	A	0.12%
NTAP	C	0.12%
ITW	B	0.12%
SO	D	0.12%
WMB	A	0.12%
EEFT	B	0.12%
KHC	F	0.12%
UHS	D	0.12%
AIZ	A	0.11%
EA	A	0.11%
ENS	D	0.11%
BCC	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%
TRGP	B	0.09%
CNO	A	0.09%
MTDR	B	0.09%
KD	B	0.09%
ACT	D	0.09%
VRTX	F	0.09%
TENB	C	0.08%
MKC	D	0.08%
DELL	C	0.08%
LH	C	0.08%
HON	B	0.08%
IFF	D	0.08%
AEP	D	0.08%
REG	B	0.07%
BYD	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%
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%
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%
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%
PHM	D	0.01%
CXT	B	0.01%
BLDR	D	0.01%
ROP	B	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 22 Positions Relative to FELC

Symbol	Grade	Weight
MSFT	F	-5.68%
GOOGL	C	-2.05%
GOOG	C	-1.9%
TSLA	B	-1.31%
MRK	F	-0.99%
V	A	-0.82%
LLY	F	-0.76%
NOW	A	-0.55%
LRCX	F	-0.44%
COST	B	-0.31%
IDXX	F	-0.22%
FTNT	C	-0.15%
UBER	D	-0.14%
BKNG	A	-0.13%
NBIX	C	-0.11%
NRG	B	-0.11%
ANET	C	-0.11%
PEGA	A	-0.1%
ORCL	B	-0.05%
SCCO	F	-0.05%
PEP	F	-0.05%
LPLA	A	-0.03%