FELV vs. JEPI ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to JPMorgan Equity Premium Income ETF (JEPI)

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

$31.96

Average Daily Volume

103,538

Number of Holdings ^*

323

* may have additional holdings in another (foreign) market

JEPI

JPMorgan Equity Premium Income ETF

JEPI Description

The investment seeks current income while maintaining prospects for capital appreciation. The fund seeks to provide the majority of the returns associated with its primary benchmark, the Standard & Poor's 500 Total Return Index (S&P 500 Index), while exposing investors to less risk through lower volatility and still offering incremental income. Under normal circumstances, the fund invests at least 80% of its assets in equity securities. It may also invest in other equity securities not included in the S&P 500 Index.

Grade (RS Rating)

Last Trade

$59.78

Average Daily Volume

2,800,770

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	FELV	JEPI
30 Days	1.74%	1.00%
60 Days	5.55%	2.95%
90 Days	7.67%	5.85%
12 Months		14.02%

65 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in JEPI	Overlap
AAPL	C	0.19%	0.65%	0.19%
ABBV	F	0.88%	1.31%	0.88%
ABT	C	0.52%	0.62%	0.52%
ACN	B	0.34%	0.89%	0.34%
ADI	D	0.04%	1.2%	0.04%
AME	A	0.16%	0.17%	0.16%
AMT	F	0.1%	0.25%	0.1%
AMZN	A	0.03%	1.65%	0.03%
AON	B	0.59%	0.17%	0.17%
AXP	B	0.2%	0.64%	0.2%
BAC	A	1.71%	0.23%	0.23%
BMY	B	0.92%	1.05%	0.92%
BRK.A	B	3.54%	0.69%	0.69%
BSX	A	0.18%	0.45%	0.18%
CMCSA	B	1.14%	1.36%	1.14%
CME	B	0.56%	1.16%	0.56%
CMG	B	0.07%	0.86%	0.07%
COP	C	0.54%	0.86%	0.54%
CRM	B	0.23%	0.98%	0.23%
CSX	B	0.37%	0.83%	0.37%
DHR	F	0.17%	0.36%	0.17%
DTE	D	0.09%	0.1%	0.09%
ELV	F	0.12%	0.36%	0.12%
EOG	A	0.45%	0.86%	0.45%
EQIX	B	0.2%	0.9%	0.2%
ETN	B	0.77%	1.19%	0.77%
HON	B	0.08%	1.43%	0.08%
HWM	B	0.12%	0.23%	0.12%
JNJ	D	1.14%	0.39%	0.39%
LDOS	C	0.58%	0.35%	0.35%
LIN	D	0.46%	1.01%	0.46%
LOW	B	0.07%	1.38%	0.07%
MA	B	0.28%	1.6%	0.28%
MCD	C	0.28%	0.55%	0.28%
MDLZ	F	0.06%	1.18%	0.06%
MDT	D	0.39%	0.54%	0.39%
META	B	0.21%	1.57%	0.21%
MMC	D	0.38%	0.17%	0.17%
MO	A	0.26%	0.2%	0.2%
MSI	B	0.2%	0.32%	0.2%
MU	D	0.95%	0.32%	0.32%
NEE	D	0.78%	1.19%	0.78%
NOC	D	0.67%	0.14%	0.14%
NVDA	A	0.18%	1.71%	0.18%
PCG	A	0.38%	0.41%	0.38%
PEG	C	0.1%	0.77%	0.1%
PG	C	1.18%	1.09%	1.09%
PGR	A	0.35%	1.7%	0.35%
PM	B	1.22%	0.32%	0.32%
PPG	F	0.57%	0.28%	0.28%
ROST	D	0.11%	0.92%	0.11%
RTX	D	0.72%	0.59%	0.59%
SO	D	0.07%	1.5%	0.07%
SYK	A	0.25%	1.29%	0.25%
TMO	F	0.79%	1.25%	0.79%
TRV	B	0.27%	1.15%	0.27%
TT	B	0.52%	1.74%	0.52%
TXN	B	0.16%	1.18%	0.16%
TXT	D	0.55%	0.43%	0.43%
UNH	B	1.64%	1.36%	1.36%
UNP	D	0.76%	0.21%	0.21%
UPS	C	0.06%	0.82%	0.06%
VRTX	B	0.1%	1.21%	0.1%
WMT	A	1.73%	0.65%	0.65%
XOM	B	2.47%	0.94%	0.94%

FELV Overweight 258 Positions Relative to JEPI

Symbol	Grade	Weight
JPM	A	2.81%
CSCO	A	1.07%
GE	D	1.07%
WFC	A	1.01%
GILD	B	0.99%
T	A	0.98%
PFE	F	0.88%
INTC	C	0.85%
SCHW	B	0.83%
PYPL	A	0.79%
PNC	B	0.72%
SPGI	C	0.71%
DIS	B	0.7%
BDX	F	0.69%
SQ	B	0.69%
LMT	D	0.67%
ZM	B	0.66%
VZ	D	0.65%
RSG	B	0.65%
CI	D	0.63%
BK	B	0.62%
CVNA	B	0.62%
MMM	C	0.6%
CACI	C	0.58%
NSC	B	0.58%
SSNC	C	0.57%
SEIC	A	0.57%
CAT	B	0.55%
TMUS	A	0.55%
CCI	F	0.55%
CTAS	B	0.54%
MS	A	0.53%
ALLE	D	0.53%
CVX	A	0.51%
PSA	D	0.51%
CL	F	0.51%
IGT	F	0.5%
ECL	C	0.5%
WAB	B	0.49%
STLD	C	0.48%
DD	D	0.48%
COF	B	0.48%
QCOM	F	0.47%
AMAT	F	0.46%
TWLO	B	0.46%
DBX	B	0.44%
HD	B	0.44%
LHX	B	0.43%
PCAR	B	0.4%
ADBE	C	0.37%
TPH	C	0.36%
NUE	D	0.36%
EXEL	B	0.36%
UNM	A	0.36%
L	A	0.34%
DVN	F	0.34%
GS	B	0.34%
EVRG	A	0.34%
BRX	A	0.34%
CMI	A	0.33%
BIIB	F	0.33%
FTV	C	0.33%
ZBRA	B	0.33%
PRU	B	0.33%
F	C	0.32%
KR	A	0.31%
LPX	A	0.31%
CAH	B	0.3%
GEV	B	0.3%
VEEV	B	0.3%
DOCU	B	0.3%
CVS	F	0.29%
TOL	B	0.28%
VMC	B	0.28%
C	B	0.27%
DUK	D	0.27%
ANF	C	0.27%
CINF	A	0.27%
TDC	F	0.27%
IBM	D	0.27%
TJX	A	0.27%
FR	D	0.27%
GL	B	0.27%
WTW	A	0.26%
SEE	C	0.25%
FLS	B	0.25%
WM	A	0.25%
GAP	B	0.25%
VICI	D	0.24%
CLX	A	0.24%
XEL	A	0.24%
EXC	C	0.23%
KMI	B	0.23%
DOC	C	0.23%
CNC	F	0.23%
TFC	B	0.23%
INCY	B	0.23%
JCI	A	0.22%
ED	D	0.22%
SKYW	B	0.21%
HPE	B	0.21%
OC	A	0.21%
Z	B	0.2%
MGM	D	0.2%
VMI	B	0.2%
AVGO	C	0.2%
IQV	F	0.19%
MSCI	B	0.19%
TMHC	B	0.19%
USFD	B	0.19%
MTDR	B	0.18%
NFLX	A	0.18%
CEG	D	0.18%
ALL	B	0.18%
SPG	A	0.18%
ICE	C	0.18%
ITT	A	0.18%
CCK	D	0.18%
PNR	A	0.18%
MEDP	D	0.18%
LNW	F	0.18%
ILMN	C	0.17%
EQR	C	0.17%
AMGN	F	0.17%
KEY	B	0.17%
ACA	B	0.17%
GD	C	0.16%
GEHC	D	0.16%
AES	F	0.16%
EIX	C	0.16%
PFG	C	0.16%
ZG	B	0.16%
JXN	C	0.16%
RCL	A	0.15%
CNP	B	0.14%
WDC	D	0.14%
TAP	B	0.14%
BBY	C	0.14%
STT	B	0.14%
FANG	C	0.14%
KHC	F	0.13%
PKG	B	0.13%
WDAY	B	0.13%
CCL	B	0.13%
UHS	D	0.13%
ES	D	0.13%
TROW	A	0.13%
SWKS	F	0.13%
KMB	D	0.13%
FTI	B	0.13%
PH	A	0.12%
WMB	B	0.12%
ITW	B	0.12%
NTAP	D	0.12%
BMRN	F	0.12%
SOLV	C	0.12%
HAL	C	0.12%
EEFT	C	0.12%
ADP	A	0.11%
CRC	B	0.11%
QGEN	D	0.11%
AM	B	0.11%
BLD	F	0.11%
QRVO	F	0.11%
BCC	B	0.11%
MHO	D	0.11%
ENS	D	0.11%
BKH	A	0.11%
AMH	C	0.11%
CRUS	F	0.1%
ADTN	B	0.1%
ADM	F	0.1%
AIZ	A	0.1%
HUM	D	0.1%
BKR	B	0.1%
WBD	B	0.09%
TPR	A	0.09%
IFF	F	0.09%
CNO	B	0.09%
KD	A	0.09%
GPN	B	0.09%
GRMN	A	0.09%
A	F	0.09%
WCC	B	0.08%
DASH	A	0.08%
DELL	C	0.08%
ACT	C	0.08%
MKC	D	0.08%
BAX	F	0.08%
LH	B	0.08%
AEP	D	0.08%
OXY	F	0.08%
TRGP	B	0.08%
REG	A	0.07%
BYD	A	0.07%
BBWI	C	0.06%
CW	C	0.06%
NWSA	B	0.06%
NWL	B	0.06%
AMD	F	0.06%
SON	F	0.06%
LEG	F	0.06%
EA	A	0.06%
ARW	F	0.06%
VST	B	0.06%
VSTS	D	0.06%
OGE	B	0.06%
NMRK	B	0.06%
CTRA	B	0.05%
SAM	B	0.05%
DFS	B	0.05%
TRMB	B	0.05%
ALKS	C	0.05%
GLPI	D	0.05%
FHI	A	0.05%
PLTK	B	0.05%
NEM	F	0.05%
GIS	F	0.05%
EW	F	0.05%
VLTO	D	0.04%
MATX	B	0.04%
ALRM	C	0.04%
MSA	D	0.04%
INGR	B	0.04%
HL	D	0.04%
CSGP	F	0.04%
CWEN	D	0.04%
AXTA	A	0.03%
ITRI	B	0.03%
WOOF	D	0.03%
SYF	B	0.03%
RGA	A	0.03%
TFX	F	0.03%
KLAC	F	0.03%
RJF	A	0.03%
WS	B	0.03%
EXTR	C	0.03%
NWS	B	0.03%
DHI	D	0.03%
ELAN	C	0.03%
GLW	B	0.02%
CWEN	D	0.02%
AYI	A	0.02%
TENB	C	0.02%
SWI	B	0.02%
BERY	D	0.02%
OKTA	C	0.02%
OGN	F	0.02%
TNL	A	0.01%
FTDR	B	0.01%
MCK	B	0.01%
MUR	D	0.01%
CXT	F	0.01%
DGX	B	0.01%
ANSS	B	0.01%
AXS	A	0.01%
LYFT	B	0.01%
M	C	0.01%

FELV Underweight 52 Positions Relative to JEPI

Symbol	Grade	Weight
NOW	A	-1.68%
V	A	-1.46%
MSFT	C	-1.42%
GOOGL	C	-1.41%
PEP	D	-1.23%
NXPI	F	-1.22%
YUM	B	-1.16%
COST	B	-1.14%
KO	F	-1.05%
REGN	F	-0.99%
MNST	B	-0.96%
INTU	A	-0.93%
OTIS	D	-0.92%
FI	A	-0.91%
LLY	F	-0.88%
CTSH	A	-0.87%
EMR	A	-0.79%
CPAY	A	-0.79%
AZO	B	-0.79%
BKNG	A	-0.79%
SBAC	D	-0.7%
CHD	A	-0.69%
AMP	A	-0.6%
DE	D	-0.6%
CMS	D	-0.57%
PLD	D	-0.51%
MRVL	B	-0.47%
ASML	D	-0.43%
JKHY	C	-0.4%
IR	A	-0.38%
TDG	D	-0.38%
CARR	C	-0.36%
STX	D	-0.36%
CB	C	-0.36%
FDX	B	-0.36%
CDNS	B	-0.36%
BURL	C	-0.34%
URI	B	-0.33%
DOW	F	-0.32%
USB	B	-0.32%
MET	C	-0.31%
MRK	F	-0.29%
KVUE	A	-0.22%
AJG	A	-0.21%
KEYS	C	-0.19%
D	D	-0.18%
WELL	B	-0.17%
LYB	F	-0.17%
GWW	B	-0.14%
DOV	A	-0.12%
ETR	B	-0.1%
ELS	B	-0.04%