FELV vs. MGV ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to Vanguard Mega Cap Value ETF (MGV)

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

$30.86

Average Daily Volume

91,037

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MGV

Vanguard Mega Cap Value ETF

MGV Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Value Index, which represents the value companies of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization value stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$127.97

Average Daily Volume

189,069

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	FELV	MGV
30 Days	0.55%	1.04%
60 Days	6.19%	6.63%
90 Days	8.24%	8.48%
12 Months		30.59%

11 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in MGV	Overlap
BAC	D	1.6%	1.56%	1.56%
BRK.A	C	4.03%	3.39%	3.39%
BRK.A	C	4.03%	1.6%	1.6%
GE	C	1.08%	1.05%	1.05%
JNJ	C	1.29%	2.3%	1.29%
JPM	D	3.11%	3.72%	3.11%
PFE	D	1.09%	0.95%	0.95%
PG	C	1.33%	2.33%	1.33%
UNH	B	1.83%	3.13%	1.83%
WMT	A	1.76%	1.97%	1.76%
XOM	B	2.61%	3.05%	2.61%

FELV Overweight 0 Positions Relative to MGV

	Symbol	Grade	Weight

FELV Underweight 122 Positions Relative to MGV

Symbol	Grade	Weight
AVGO	C	-4.35%
HD	A	-2.1%
ABBV	A	-2.0%
MRK	F	-1.73%
KO	B	-1.62%
CVX	D	-1.5%
PEP	D	-1.37%
TMO	C	-1.35%
ORCL	C	-1.34%
WFC	D	-1.17%
QCOM	D	-1.13%
ABT	C	-1.13%
PM	B	-1.1%
IBM	C	-1.07%
CSCO	A	-1.06%
AMGN	D	-1.03%
DHR	B	-1.03%
CAT	A	-1.0%
GS	D	-0.95%
NEE	A	-0.95%
RTX	A	-0.94%
VZ	A	-0.91%
UNP	C	-0.9%
CMCSA	B	-0.89%
PGR	C	-0.85%
LOW	A	-0.82%
T	A	-0.82%
HON	B	-0.78%
LMT	A	-0.78%
COP	D	-0.77%
ELV	F	-0.75%
AXP	A	-0.75%
MS	B	-0.73%
BLK	B	-0.73%
ETN	C	-0.71%
REGN	D	-0.7%
MDT	A	-0.68%
PLD	D	-0.68%
ADI	C	-0.67%
LIN	B	-0.66%
CB	A	-0.66%
MMC	D	-0.65%
C	B	-0.65%
ACN	B	-0.62%
MU	D	-0.61%
FI	A	-0.59%
CI	C	-0.59%
DE	A	-0.58%
BMY	B	-0.58%
SCHW	D	-0.57%
GILD	A	-0.57%
MDLZ	C	-0.55%
UPS	D	-0.54%
INTC	D	-0.54%
SO	A	-0.54%
MO	B	-0.53%
ICE	A	-0.53%
DUK	B	-0.51%
CL	D	-0.5%
WM	D	-0.49%
TT	A	-0.47%
KKR	C	-0.47%
HCA	A	-0.45%
PYPL	B	-0.44%
PH	B	-0.44%
GD	A	-0.43%
EOG	D	-0.43%
MMM	B	-0.43%
MCK	F	-0.42%
USB	C	-0.42%
TGT	C	-0.41%
ITW	B	-0.41%
CVS	D	-0.41%
NOC	B	-0.4%
BDX	B	-0.4%
CSX	D	-0.39%
FDX	D	-0.38%
FCX	B	-0.37%
SYK	C	-0.36%
APD	C	-0.36%
MPC	F	-0.36%
AFL	A	-0.36%
EMR	B	-0.35%
ROP	C	-0.34%
PSX	F	-0.34%
TFC	D	-0.34%
PNC	C	-0.34%
ADP	A	-0.33%
GM	D	-0.33%
NSC	B	-0.33%
COF	C	-0.31%
PSA	C	-0.31%
SRE	A	-0.3%
TRV	C	-0.3%
AEP	B	-0.3%
BX	C	-0.29%
BK	C	-0.29%
VLO	F	-0.28%
CCI	A	-0.28%
KMB	B	-0.28%
MET	A	-0.27%
TEL	D	-0.27%
RSG	D	-0.25%
HUM	F	-0.25%
F	D	-0.25%
STZ	B	-0.23%
KDP	C	-0.23%
OXY	F	-0.21%
AON	A	-0.2%
CHTR	D	-0.19%
SLB	F	-0.18%
DELL	D	-0.17%
GEV	A	-0.16%
WMB	A	-0.16%
KHC	B	-0.16%
AIG	F	-0.15%
SPG	A	-0.15%
D	A	-0.14%
JCI	B	-0.14%
KMI	A	-0.12%
PAYX	A	-0.12%
SYY	B	-0.11%