FELV vs. IMCG ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to iShares Morningstar Mid-Cap Growth ETF (IMCG)

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

IMCG

iShares Morningstar Mid-Cap Growth ETF

IMCG Description

The investment seeks to track the investment results of the MorningstarÂ® US Mid Cap Broad Growth IndexSM composed of mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by mid-capitalization companies that have exhibited above-average "growth" characteristics as determined by Morningstar, Inc.'s ("Morningstar" or the "index provider") proprietary index methodology.

Grade (RS Rating)

Last Trade

$79.81

Average Daily Volume

132,538

Number of Holdings ^*

299

* may have additional holdings in another (foreign) market

Performance

Period	FELV	IMCG
30 Days	4.38%	8.56%
60 Days	5.85%	9.96%
90 Days	7.57%	12.47%
12 Months	29.90%	34.97%

73 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in IMCG	Overlap
A	D	0.09%	0.65%	0.09%
ALL	A	0.19%	0.38%	0.19%
ALLE	D	0.54%	0.13%	0.13%
AME	A	0.26%	0.78%	0.26%
AMH	D	0.11%	0.21%	0.11%
ANSS	B	0.01%	0.5%	0.01%
BKR	B	0.1%	0.38%	0.1%
BLD	D	0.11%	0.11%	0.11%
BLDR	D	0.01%	0.18%	0.01%
BMRN	D	0.11%	0.21%	0.11%
CCK	C	0.16%	0.07%	0.07%
CINF	A	0.22%	0.16%	0.16%
CLX	B	0.25%	0.23%	0.23%
CMI	A	0.34%	0.58%	0.34%
CSGP	D	0.04%	0.51%	0.04%
CTRA	B	0.05%	0.13%	0.05%
DASH	A	0.08%	0.91%	0.08%
DD	D	0.48%	0.28%	0.28%
DELL	C	0.08%	0.26%	0.08%
DFS	B	0.05%	0.44%	0.05%
DOCU	A	0.22%	0.28%	0.22%
EA	A	0.11%	0.49%	0.11%
EQR	B	0.17%	0.18%	0.17%
EW	C	0.06%	0.71%	0.06%
FTV	C	0.33%	0.32%	0.32%
GEHC	F	0.16%	0.25%	0.16%
GEV	B	0.28%	0.82%	0.28%
GPN	B	0.09%	0.21%	0.09%
GRMN	B	0.11%	0.36%	0.11%
HAL	C	0.13%	0.25%	0.13%
HWM	A	0.12%	0.8%	0.12%
ILMN	D	0.15%	0.37%	0.15%
INCY	C	0.22%	0.12%	0.12%
IQV	D	0.17%	0.39%	0.17%
JCI	C	0.21%	0.58%	0.21%
KMB	D	0.14%	0.28%	0.14%
LDOS	C	0.47%	0.15%	0.15%
MEDP	D	0.16%	0.14%	0.14%
MGM	D	0.21%	0.07%	0.07%
MKC	D	0.08%	0.17%	0.08%
MKL	A	0.17%	0.24%	0.17%
MSCI	C	0.19%	0.82%	0.19%
NEM	D	0.05%	0.47%	0.05%
NTAP	C	0.12%	0.22%	0.12%
OKTA	C	0.02%	0.21%	0.02%
PCG	A	0.39%	0.33%	0.33%
PHM	D	0.01%	0.2%	0.01%
PNR	A	0.19%	0.22%	0.19%
PPG	F	0.57%	0.2%	0.2%
PSA	D	0.52%	0.44%	0.44%
QRVO	F	0.11%	0.06%	0.06%
RCL	A	0.15%	0.66%	0.15%
REG	B	0.07%	0.08%	0.07%
RJF	A	0.03%	0.32%	0.03%
ROST	C	0.11%	0.8%	0.11%
SQ	B	0.7%	0.81%	0.7%
TFX	F	0.03%	0.06%	0.03%
TOL	B	0.28%	0.1%	0.1%
TRGP	B	0.09%	0.32%	0.09%
TRMB	B	0.05%	0.2%	0.05%
TRV	B	0.28%	0.45%	0.28%
TWLO	A	0.3%	0.28%	0.28%
TXT	D	0.53%	0.14%	0.14%
UHS	D	0.12%	0.1%	0.1%
USFD	A	0.19%	0.13%	0.13%
VEEV	C	0.28%	0.55%	0.28%
VLTO	D	0.04%	0.25%	0.04%
VMC	B	0.28%	0.65%	0.28%
VST	B	0.07%	0.5%	0.07%
WAB	B	0.45%	0.6%	0.45%
WDAY	B	0.13%	0.96%	0.13%
WTW	B	0.26%	0.28%	0.26%
ZBRA	B	0.32%	0.26%	0.26%

FELV Overweight 259 Positions Relative to IMCG

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%
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%
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%
MS	A	0.54%
CVX	A	0.53%
EOG	A	0.53%
ZM	B	0.52%
TT	A	0.52%
ECL	D	0.5%
QCOM	F	0.5%
SSNC	B	0.5%
C	A	0.48%
COF	B	0.47%
CACI	D	0.46%
LIN	D	0.46%
LHX	C	0.45%
HD	A	0.45%
CTAS	B	0.43%
DBX	B	0.42%
AMAT	F	0.42%
MDT	D	0.4%
PCAR	B	0.39%
UNM	A	0.38%
MMC	B	0.38%
ADBE	C	0.37%
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%
CSX	B	0.34%
ACN	C	0.34%
NUE	C	0.34%
GS	A	0.34%
DVN	F	0.34%
LPX	B	0.33%
STLD	B	0.33%
F	C	0.33%
KR	B	0.31%
CVS	D	0.3%
CAH	B	0.3%
BIIB	F	0.3%
FR	C	0.28%
MCD	D	0.28%
DUK	C	0.28%
MO	A	0.28%
MA	C	0.28%
GL	B	0.28%
ANF	C	0.28%
TJX	A	0.28%
IBM	C	0.27%
TDC	D	0.27%
SYK	C	0.26%
VICI	C	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%
ED	D	0.22%
Z	A	0.22%
OC	A	0.22%
CRM	B	0.22%
DOC	D	0.22%
SKYW	B	0.21%
META	D	0.21%
HPE	B	0.21%
AXP	A	0.2%
VMI	B	0.2%
MSI	B	0.2%
EQIX	A	0.2%
NFLX	A	0.19%
DTE	C	0.19%
FTI	A	0.19%
BSX	B	0.19%
AAPL	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%
NVDA	C	0.17%
DHR	F	0.17%
PRU	A	0.17%
LNW	D	0.17%
ACA	A	0.17%
CEG	D	0.17%
TAP	C	0.16%
QGEN	D	0.16%
TXN	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%
OXY	D	0.15%
WDC	D	0.14%
AMT	D	0.14%
HUM	C	0.14%
GD	F	0.14%
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%
AVGO	D	0.12%
SO	D	0.12%
WMB	A	0.12%
EEFT	B	0.12%
KHC	F	0.12%
AIZ	A	0.11%
ENS	D	0.11%
BCC	B	0.11%
ELV	F	0.11%
TPR	B	0.1%
ADTN	A	0.1%
ADM	D	0.1%
CRC	B	0.1%
ADP	B	0.1%
PEG	A	0.1%
MHO	D	0.1%
FANG	D	0.09%
CNO	A	0.09%
MTDR	B	0.09%
WBD	C	0.09%
KD	B	0.09%
ACT	D	0.09%
MCK	B	0.09%
VRTX	F	0.09%
CRUS	D	0.09%
AMZN	C	0.08%
TENB	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%
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%
SAM	C	0.05%
FHI	A	0.05%
GLPI	C	0.05%
CW	B	0.05%
PLTK	B	0.05%
GIS	D	0.05%
AM	A	0.04%
ADI	D	0.04%
INGR	B	0.04%
VAC	B	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%
KLAC	D	0.03%
UAL	A	0.03%
RGA	A	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%
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%
CXT	B	0.01%
ROP	B	0.01%
DGX	A	0.01%
AXS	A	0.01%
SON	D	0.01%
GLW	B	0.01%
M	D	0.01%

FELV Underweight 226 Positions Relative to IMCG

Symbol	Grade	Weight
PLTR	B	-2.29%
ADSK	A	-1.12%
FTNT	C	-1.07%
HLT	A	-1.06%
COIN	C	-1.05%
APP	B	-1.05%
FICO	B	-0.97%
GWW	B	-0.92%
TTD	B	-0.92%
AZO	C	-0.92%
CPRT	A	-0.86%
FAST	B	-0.82%
PWR	A	-0.82%
PAYX	C	-0.81%
VRT	B	-0.76%
AXON	A	-0.75%
DLR	B	-0.74%
ODFL	B	-0.72%
IR	B	-0.72%
HES	B	-0.71%
IT	C	-0.7%
VRSK	A	-0.7%
TEAM	A	-0.66%
DDOG	A	-0.65%
SYY	B	-0.65%
AMP	A	-0.65%
YUM	B	-0.65%
CARR	D	-0.64%
MLM	B	-0.63%
MSTR	C	-0.63%
LULU	C	-0.62%
IDXX	F	-0.61%
HUBS	A	-0.6%
RMD	C	-0.6%
ROK	B	-0.57%
ARES	A	-0.54%
DXCM	D	-0.53%
EFX	F	-0.53%
ALNY	D	-0.52%
TTWO	A	-0.51%
XYL	D	-0.51%
FCNCA	A	-0.48%
MPWR	F	-0.47%
BR	A	-0.47%
CHD	B	-0.47%
BRO	B	-0.47%
NET	B	-0.47%
DECK	A	-0.47%
TPL	A	-0.46%
RBLX	C	-0.46%
URI	B	-0.46%
TYL	B	-0.44%
MTD	D	-0.44%
CBRE	B	-0.43%
GDDY	A	-0.43%
CDW	F	-0.42%
SBAC	D	-0.42%
TEL	B	-0.42%
OTIS	C	-0.42%
HUBB	B	-0.41%
LPLA	A	-0.41%
EME	C	-0.41%
PTC	A	-0.4%
WST	C	-0.4%
COR	B	-0.39%
STE	F	-0.38%
D	C	-0.37%
TSCO	D	-0.37%
CSL	C	-0.36%
STZ	D	-0.36%
MDB	C	-0.35%
DOV	A	-0.34%
FSLR	F	-0.34%
INVH	D	-0.34%
LII	A	-0.34%
LVS	C	-0.34%
CPAY	A	-0.33%
LYV	A	-0.33%
CPNG	D	-0.33%
IBKR	A	-0.33%
WSO	A	-0.32%
PODD	C	-0.32%
FDS	B	-0.32%
ZS	C	-0.32%
TRU	D	-0.32%
DAL	C	-0.32%
NTRA	B	-0.31%
NTNX	A	-0.3%
IRM	D	-0.3%
BURL	A	-0.3%
FWONK	B	-0.3%
IEX	B	-0.3%
CTVA	C	-0.3%
O	D	-0.29%
HOOD	B	-0.29%
MANH	D	-0.29%
FIX	A	-0.28%
AVB	B	-0.28%
HEI	B	-0.28%
SUI	D	-0.27%
EQT	B	-0.27%
VRSN	F	-0.27%
BAH	F	-0.26%
ROL	B	-0.26%
LNG	B	-0.26%
EL	F	-0.26%
PSTG	D	-0.26%
TW	A	-0.26%
DPZ	C	-0.26%
GGG	B	-0.26%
COO	D	-0.25%
MCHP	D	-0.25%
DT	C	-0.25%
WAT	B	-0.24%
SAIA	B	-0.24%
HSY	F	-0.24%
PFGC	B	-0.23%
AWK	D	-0.23%
DOW	F	-0.23%
NDSN	B	-0.23%
CLH	B	-0.22%
JKHY	D	-0.22%
KEYS	A	-0.21%
EXPE	B	-0.21%
NBIX	C	-0.21%
LECO	B	-0.21%
TDY	B	-0.21%
NVT	B	-0.21%
KIM	A	-0.21%
NDAQ	A	-0.21%
ACGL	D	-0.21%
KDP	D	-0.21%
EXR	D	-0.21%
XPO	B	-0.2%
SNAP	C	-0.2%
EBAY	D	-0.2%
HEI	B	-0.2%
RPM	A	-0.2%
ZBH	C	-0.2%
DAY	B	-0.2%
J	F	-0.2%
TECH	D	-0.19%
ALGN	D	-0.19%
LW	C	-0.19%
FND	C	-0.19%
TTEK	F	-0.19%
WRB	A	-0.19%
BALL	D	-0.19%
PAYC	B	-0.19%
ON	D	-0.18%
ERIE	D	-0.18%
WSM	B	-0.18%
CASY	A	-0.18%
DKNG	B	-0.18%
SRPT	D	-0.17%
MOH	F	-0.17%
CHDN	B	-0.17%
DRI	B	-0.17%
ACM	A	-0.16%
GEN	B	-0.16%
TSN	B	-0.16%
VTR	C	-0.16%
ENTG	D	-0.16%
MORN	B	-0.16%
EXAS	D	-0.16%
ESS	B	-0.16%
WMS	D	-0.16%
SMCI	F	-0.16%
JBHT	C	-0.16%
WING	D	-0.16%
PINS	D	-0.16%
ULTA	F	-0.15%
LUV	C	-0.15%
WYNN	D	-0.15%
TER	D	-0.14%
JBL	B	-0.14%
ELS	C	-0.14%
AVY	D	-0.14%
ENPH	F	-0.14%
UDR	B	-0.14%
AVTR	F	-0.14%
GPC	D	-0.13%
MAS	D	-0.13%
CNM	D	-0.13%
POOL	C	-0.12%
KMX	B	-0.12%
NRG	B	-0.12%
AZPN	A	-0.12%
SCI	B	-0.12%
EPAM	C	-0.12%
MAA	B	-0.12%
CMS	C	-0.12%
SWK	D	-0.11%
CRL	C	-0.11%
AOS	F	-0.11%
BSY	D	-0.11%
APTV	D	-0.11%
RRX	B	-0.11%
ALB	C	-0.11%
SNA	A	-0.11%
CPT	B	-0.1%
FFIV	B	-0.1%
RVTY	F	-0.1%
DLTR	F	-0.1%
PCOR	B	-0.1%
AKAM	D	-0.1%
FLEX	A	-0.09%
U	C	-0.09%
DKS	C	-0.09%
MRNA	F	-0.09%
CE	F	-0.08%
HII	D	-0.08%
BJ	A	-0.08%
ARE	D	-0.08%
BRKR	D	-0.08%
AFG	A	-0.07%
DVA	B	-0.07%
CELH	F	-0.07%
UHAL	D	-0.05%
HRL	D	-0.05%
WTRG	B	-0.05%
COTY	F	-0.04%
ALAB	B	-0.04%
FWONA	B	-0.03%
WLK	D	-0.03%
UHAL	D	-0.0%