FELV vs. LGLV ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV)

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

$32.54

Average Daily Volume

105,833

Number of Holdings ^*

332

* may have additional holdings in another (foreign) market

LGLV

SPDR SSGA US Large Cap Low Volatility Index ETF

LGLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA US Large Cap Low Volatility Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the stocks of U.S. large capitalization companies that exhibit low volatility. Volatility is a statistical measurement of the magnitude of movements in a stock's price over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$175.37

Average Daily Volume

18,102

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

Performance

Period	FELV	LGLV
30 Days	3.13%	1.96%
60 Days	5.35%	3.88%
90 Days	6.57%	6.03%
12 Months	28.71%	26.77%

78 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in LGLV	Overlap
ABT	B	0.54%	0.63%	0.54%
ACN	B	0.34%	0.44%	0.34%
ADP	A	0.1%	0.75%	0.1%
AIZ	A	0.11%	0.4%	0.11%
ALL	A	0.19%	0.8%	0.19%
AME	A	0.26%	0.55%	0.26%
AMH	C	0.11%	0.45%	0.11%
AMT	C	0.14%	0.76%	0.14%
AON	A	0.59%	0.7%	0.59%
BDX	F	0.74%	0.72%	0.72%
BMY	B	0.84%	0.79%	0.79%
BRK.A	B	3.64%	0.95%	0.95%
CACI	D	0.46%	0.39%	0.39%
CL	D	0.54%	1.23%	0.54%
CMCSA	B	1.13%	0.45%	0.45%
CME	B	0.57%	0.81%	0.57%
CSCO	B	1.07%	0.53%	0.53%
CSGP	D	0.04%	0.36%	0.04%
CVX	A	0.53%	0.33%	0.33%
DTE	C	0.19%	0.89%	0.19%
DUK	C	0.28%	1.07%	0.28%
EA	A	0.11%	0.69%	0.11%
ED	C	0.22%	0.91%	0.22%
EQIX	A	0.2%	0.91%	0.2%
EQR	C	0.17%	1.01%	0.17%
ETN	A	0.76%	0.64%	0.64%
FR	D	0.28%	0.25%	0.25%
FTV	C	0.33%	0.4%	0.33%
GD	D	0.14%	0.71%	0.14%
GIS	D	0.05%	1.07%	0.05%
GL	C	0.28%	0.36%	0.28%
GRMN	B	0.11%	0.73%	0.11%
HD	B	0.45%	0.52%	0.45%
HON	C	0.08%	0.61%	0.08%
IBM	C	0.27%	0.61%	0.27%
ICE	C	0.18%	0.69%	0.18%
ITW	B	0.12%	0.52%	0.12%
JNJ	C	1.02%	0.98%	0.98%
KMI	A	0.24%	0.79%	0.24%
L	A	0.35%	0.55%	0.35%
LIN	C	0.46%	1.14%	0.46%
LMT	D	0.64%	0.77%	0.64%
LOW	C	0.07%	0.39%	0.07%
MCD	D	0.28%	0.84%	0.28%
MCK	A	0.09%	0.77%	0.09%
MDT	D	0.4%	0.6%	0.4%
MKL	A	0.17%	0.77%	0.17%
MMC	B	0.38%	0.88%	0.38%
MMM	D	0.6%	0.74%	0.6%
MSA	F	0.03%	0.23%	0.03%
MSI	B	0.2%	0.81%	0.2%
NOC	D	0.63%	0.69%	0.63%
PCAR	B	0.39%	0.57%	0.39%
PEG	A	0.1%	1.1%	0.1%
PG	C	1.24%	1.0%	1.0%
PGR	A	0.35%	0.99%	0.35%
PKG	A	0.13%	0.74%	0.13%
PSA	C	0.52%	1.01%	0.52%
ROP	B	0.01%	0.58%	0.01%
RSG	A	0.66%	1.03%	0.66%
SEIC	B	0.58%	0.32%	0.32%
SO	C	0.12%	1.01%	0.12%
SOLV	D	0.12%	0.09%	0.09%
SON	F	0.01%	0.18%	0.01%
T	A	1.02%	0.69%	0.69%
TJX	A	0.28%	0.65%	0.28%
TRV	B	0.28%	0.85%	0.28%
TXN	C	0.16%	0.57%	0.16%
UNH	B	1.57%	0.78%	0.78%
UNP	C	0.75%	0.48%	0.48%
VMC	B	0.28%	1.01%	0.28%
VZ	C	0.68%	0.87%	0.68%
WM	B	0.25%	0.87%	0.25%
WMB	A	0.12%	0.55%	0.12%
WMT	A	1.76%	1.3%	1.3%
WTW	B	0.26%	0.71%	0.26%
XEL	A	0.25%	1.2%	0.25%
XOM	B	2.51%	0.32%	0.32%

FELV Overweight 254 Positions Relative to LGLV

Symbol	Grade	Weight
JPM	A	2.93%
BAC	A	1.77%
PM	B	1.31%
WFC	A	1.22%
GE	D	1.05%
GILD	C	0.92%
SCHW	B	0.88%
MU	D	0.86%
PFE	F	0.85%
ABBV	F	0.85%
INTC	C	0.85%
NEE	C	0.81%
DIS	B	0.8%
PYPL	B	0.79%
TMO	F	0.73%
SQ	A	0.7%
PNC	B	0.7%
RTX	D	0.7%
SPGI	C	0.63%
BK	A	0.63%
CVNA	B	0.62%
CI	D	0.6%
PPG	F	0.57%
CCI	C	0.57%
NSC	B	0.57%
TMUS	B	0.56%
COP	C	0.56%
CAT	B	0.54%
ALLE	C	0.54%
MS	A	0.54%
TXT	D	0.53%
EOG	A	0.53%
ZM	C	0.52%
TT	A	0.52%
ECL	D	0.5%
QCOM	F	0.5%
SSNC	B	0.5%
DD	C	0.48%
C	A	0.48%
LDOS	C	0.47%
COF	C	0.47%
LHX	C	0.45%
WAB	B	0.45%
CTAS	B	0.43%
DBX	B	0.42%
AMAT	F	0.42%
PCG	A	0.39%
UNM	A	0.38%
ADBE	C	0.37%
BLK	B	0.37%
IGT	F	0.36%
EXEL	B	0.35%
TPH	D	0.35%
EVRG	A	0.35%
BRX	A	0.35%
CMI	A	0.34%
CSX	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%
ZBRA	B	0.32%
KR	B	0.31%
CVS	D	0.3%
CAH	B	0.3%
TWLO	A	0.3%
BIIB	F	0.3%
VEEV	C	0.28%
MO	A	0.28%
TOL	B	0.28%
MA	B	0.28%
GEV	B	0.28%
ANF	F	0.28%
TDC	D	0.27%
SYK	B	0.26%
VICI	C	0.25%
CLX	A	0.25%
GAP	C	0.25%
SEE	C	0.25%
FLS	B	0.25%
EXC	C	0.24%
TFC	A	0.24%
CNC	D	0.23%
CINF	A	0.22%
Z	A	0.22%
DOCU	B	0.22%
OC	A	0.22%
CRM	B	0.22%
DOC	C	0.22%
INCY	C	0.22%
SKYW	C	0.21%
MGM	D	0.21%
META	D	0.21%
HPE	B	0.21%
JCI	B	0.21%
AXP	A	0.2%
VMI	B	0.2%
PNR	A	0.19%
NFLX	A	0.19%
USFD	A	0.19%
FTI	A	0.19%
BSX	A	0.19%
MSCI	C	0.19%
AAPL	C	0.19%
KEY	B	0.18%
SPG	A	0.18%
ITT	A	0.18%
TMHC	C	0.18%
ZG	A	0.18%
EIX	B	0.17%
NVDA	B	0.17%
DHR	F	0.17%
PRU	A	0.17%
IQV	F	0.17%
LNW	F	0.17%
ACA	A	0.17%
CEG	C	0.17%
GEHC	D	0.16%
TAP	C	0.16%
QGEN	D	0.16%
MEDP	D	0.16%
CCK	D	0.16%
AES	F	0.16%
PFG	D	0.16%
BBY	D	0.15%
STT	B	0.15%
CNP	A	0.15%
ILMN	C	0.15%
JXN	C	0.15%
AMGN	F	0.15%
RCL	A	0.15%
OXY	D	0.15%
WDC	D	0.14%
KMB	C	0.14%
HUM	C	0.14%
HAL	C	0.13%
WDAY	B	0.13%
SWKS	F	0.13%
CCL	A	0.13%
ES	C	0.13%
TROW	B	0.13%
PH	A	0.12%
NTAP	C	0.12%
AVGO	D	0.12%
EEFT	B	0.12%
HWM	A	0.12%
KHC	F	0.12%
UHS	D	0.12%
BLD	D	0.11%
QRVO	F	0.11%
ENS	F	0.11%
ROST	D	0.11%
BCC	B	0.11%
ELV	F	0.11%
BMRN	F	0.11%
TPR	B	0.1%
ADTN	A	0.1%
ADM	D	0.1%
BKR	A	0.1%
CRC	A	0.1%
MHO	D	0.1%
FANG	C	0.09%
A	D	0.09%
TRGP	A	0.09%
CNO	B	0.09%
MTDR	B	0.09%
WBD	B	0.09%
KD	B	0.09%
GPN	B	0.09%
ACT	C	0.09%
VRTX	D	0.09%
CRUS	D	0.09%
AMZN	C	0.08%
TENB	C	0.08%
DASH	B	0.08%
MKC	C	0.08%
DELL	B	0.08%
LH	B	0.08%
BBWI	C	0.08%
IFF	D	0.08%
ALRM	C	0.08%
AEP	C	0.08%
VST	A	0.07%
CMG	B	0.07%
REG	A	0.07%
BYD	B	0.07%
LYFT	C	0.07%
WCC	B	0.07%
NWL	C	0.06%
NWSA	A	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	A	0.06%
NMRK	C	0.06%
DFS	B	0.05%
TRMB	B	0.05%
SAM	C	0.05%
CTRA	B	0.05%
FHI	B	0.05%
GLPI	C	0.05%
CW	C	0.05%
PLTK	B	0.05%
NEM	D	0.05%
AM	A	0.04%
ADI	D	0.04%
VLTO	C	0.04%
INGR	C	0.04%
VAC	C	0.04%
HL	D	0.04%
CWEN	C	0.04%
BKH	A	0.04%
CTRE	C	0.04%
AXTA	B	0.03%
SYF	B	0.03%
TFX	F	0.03%
KLAC	F	0.03%
UAL	A	0.03%
RGA	A	0.03%
EXTR	C	0.03%
WS	C	0.03%
RJF	A	0.03%
ALKS	C	0.03%
DHI	F	0.03%
NWS	A	0.03%
MATX	C	0.03%
AMD	F	0.02%
CWEN	C	0.02%
AYI	B	0.02%
SWI	C	0.02%
OKTA	C	0.02%
OGN	F	0.02%
BERY	C	0.02%
ITRI	C	0.02%
BIO	C	0.02%
WOOF	D	0.02%
MWA	B	0.01%
TNL	A	0.01%
TGT	F	0.01%
FTDR	B	0.01%
MUR	D	0.01%
PHM	D	0.01%
CXT	C	0.01%
BLDR	D	0.01%
DGX	A	0.01%
ANSS	B	0.01%
AXS	A	0.01%
GLW	B	0.01%
M	F	0.01%

FELV Underweight 83 Positions Relative to LGLV

Symbol	Grade	Weight
PEP	F	-1.23%
APD	A	-1.14%
AVB	B	-1.06%
WEC	A	-0.97%
NDAQ	A	-0.86%
AEE	A	-0.85%
AJG	A	-0.84%
K	A	-0.83%
BRO	B	-0.83%
FI	A	-0.73%
CB	C	-0.73%
COR	B	-0.73%
INVH	D	-0.73%
COST	A	-0.72%
CMS	C	-0.71%
BAH	F	-0.71%
AFL	B	-0.7%
ORCL	A	-0.69%
MSFT	D	-0.68%
FDS	B	-0.68%
PAYX	B	-0.68%
OTIS	C	-0.67%
MAA	B	-0.67%
TYL	B	-0.65%
WRB	A	-0.64%
V	A	-0.64%
J	D	-0.63%
IEX	C	-0.62%
FOXA	A	-0.61%
CHKP	C	-0.61%
FAST	B	-0.59%
NI	A	-0.58%
VRSK	A	-0.58%
AVY	F	-0.57%
SUI	C	-0.55%
BR	A	-0.55%
RYAN	A	-0.54%
CASY	A	-0.54%
AMCR	C	-0.53%
GOOGL	C	-0.53%
GGG	B	-0.53%
ORLY	B	-0.53%
TSCO	D	-0.52%
UDR	B	-0.52%
MRK	D	-0.52%
VRSN	C	-0.5%
AZO	C	-0.49%
ELS	C	-0.48%
CNA	C	-0.47%
NDSN	B	-0.47%
ROL	B	-0.47%
HLI	A	-0.46%
CHRW	B	-0.46%
JKHY	D	-0.45%
CPT	B	-0.45%
NVR	D	-0.44%
SBUX	A	-0.44%
SCI	B	-0.43%
LNG	A	-0.42%
ATR	B	-0.41%
YUM	D	-0.41%
DOX	D	-0.36%
AKAM	D	-0.36%
DTM	A	-0.35%
ORI	A	-0.34%
DCI	B	-0.33%
CBSH	B	-0.32%
GPK	C	-0.31%
CHE	D	-0.3%
TTC	C	-0.3%
EGP	D	-0.29%
ADC	A	-0.27%
DLB	B	-0.25%
GNTX	C	-0.25%
RLI	A	-0.25%
LSTR	D	-0.24%
CDP	C	-0.24%
SAIC	F	-0.23%
CWST	A	-0.22%
SIGI	C	-0.21%
DG	F	-0.2%
MMS	F	-0.18%
NEU	D	-0.14%