FELV vs. SPYV ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to SPDR S&P 500 Value ETF (based on S&P 500 Value Index) (SPYV)

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

$31.74

Average Daily Volume

103,538

Number of Holdings ^*

323

* may have additional holdings in another (foreign) market

SPYV

SPDR S&P 500 Value ETF (based on S&P 500 Value Index)

SPYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the large-capitalization value sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.47

Average Daily Volume

2,491,997

Number of Holdings ^*

432

* may have additional holdings in another (foreign) market

Performance

Period	FELV	SPYV
30 Days	1.74%	0.56%
60 Days	5.55%	3.68%
90 Days	7.67%	5.93%
12 Months		26.12%

204 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in SPYV	Overlap
A	F	0.09%	0.19%	0.09%
ABBV	F	0.88%	1.04%	0.88%
ABT	C	0.52%	0.94%	0.52%
ACN	B	0.34%	0.49%	0.34%
ADI	D	0.04%	0.22%	0.04%
ADM	F	0.1%	0.12%	0.1%
ADP	A	0.11%	0.35%	0.11%
AEP	D	0.08%	0.24%	0.08%
AES	F	0.16%	0.05%	0.05%
AIZ	A	0.1%	0.05%	0.05%
ALL	B	0.18%	0.24%	0.18%
ALLE	D	0.53%	0.04%	0.04%
AME	A	0.16%	0.11%	0.11%
AMGN	F	0.17%	0.81%	0.17%
AMT	F	0.1%	0.25%	0.1%
ANSS	B	0.01%	0.06%	0.01%
AON	B	0.59%	0.19%	0.19%
AXP	B	0.2%	0.23%	0.2%
BAC	A	1.71%	1.41%	1.41%
BAX	F	0.08%	0.09%	0.08%
BBY	C	0.14%	0.08%	0.08%
BDX	F	0.69%	0.31%	0.31%
BIIB	F	0.33%	0.12%	0.12%
BK	B	0.62%	0.27%	0.27%
BKR	B	0.1%	0.2%	0.1%
BMY	B	0.92%	0.52%	0.52%
BRK.A	B	3.54%	3.94%	3.54%
BSX	A	0.18%	0.27%	0.18%
C	B	0.27%	0.61%	0.27%
CAH	B	0.3%	0.13%	0.13%
CAT	B	0.55%	0.39%	0.39%
CCI	F	0.55%	0.21%	0.21%
CCL	B	0.13%	0.03%	0.03%
CEG	D	0.18%	0.19%	0.18%
CI	D	0.63%	0.42%	0.42%
CINF	A	0.27%	0.11%	0.11%
CL	F	0.51%	0.21%	0.21%
CLX	A	0.24%	0.09%	0.09%
CMCSA	B	1.14%	0.8%	0.8%
CME	B	0.56%	0.24%	0.24%
CMI	A	0.33%	0.23%	0.23%
CNC	F	0.23%	0.15%	0.15%
CNP	B	0.14%	0.09%	0.09%
COF	B	0.48%	0.33%	0.33%
COP	C	0.54%	0.19%	0.19%
CSCO	A	1.07%	1.09%	1.07%
CSGP	F	0.04%	0.08%	0.04%
CSX	B	0.37%	0.16%	0.16%
CTAS	B	0.54%	0.16%	0.16%
CTRA	B	0.05%	0.03%	0.03%
CVS	F	0.29%	0.34%	0.29%
CVX	A	0.51%	1.25%	0.51%
DD	D	0.48%	0.17%	0.17%
DELL	C	0.08%	0.09%	0.08%
DFS	B	0.05%	0.09%	0.05%
DGX	B	0.01%	0.08%	0.01%
DHR	F	0.17%	0.74%	0.17%
DIS	B	0.7%	0.84%	0.7%
DOC	C	0.23%	0.07%	0.07%
DTE	D	0.09%	0.11%	0.09%
DUK	D	0.27%	0.4%	0.27%
DVN	F	0.34%	0.11%	0.11%
EA	A	0.06%	0.1%	0.06%
ECL	C	0.5%	0.14%	0.14%
ED	D	0.22%	0.16%	0.16%
EIX	C	0.16%	0.15%	0.15%
ELV	F	0.12%	0.47%	0.12%
EOG	A	0.45%	0.11%	0.11%
EQIX	B	0.2%	0.21%	0.2%
EQR	C	0.17%	0.11%	0.11%
ES	D	0.13%	0.1%	0.1%
ETN	B	0.77%	0.26%	0.26%
EVRG	A	0.34%	0.07%	0.07%
EW	F	0.05%	0.12%	0.05%
EXC	C	0.23%	0.18%	0.18%
F	C	0.32%	0.2%	0.2%
GD	C	0.16%	0.37%	0.16%
GE	D	1.07%	0.52%	0.52%
GEHC	D	0.16%	0.19%	0.16%
GEV	B	0.3%	0.25%	0.25%
GILD	B	0.99%	0.57%	0.57%
GIS	F	0.05%	0.17%	0.05%
GL	B	0.27%	0.05%	0.05%
GLW	B	0.02%	0.17%	0.02%
GPN	B	0.09%	0.13%	0.09%
GRMN	A	0.09%	0.07%	0.07%
GS	B	0.34%	0.86%	0.34%
HAL	C	0.12%	0.12%	0.12%
HD	B	0.44%	1.17%	0.44%
HON	B	0.08%	0.66%	0.08%
HPE	B	0.21%	0.13%	0.13%
HUM	D	0.1%	0.16%	0.1%
HWM	B	0.12%	0.09%	0.09%
IBM	D	0.27%	0.92%	0.27%
ICE	C	0.18%	0.42%	0.18%
IFF	F	0.09%	0.11%	0.09%
INCY	B	0.23%	0.06%	0.06%
INTC	C	0.85%	0.52%	0.52%
IQV	F	0.19%	0.11%	0.11%
ITW	B	0.12%	0.19%	0.12%
JCI	A	0.22%	0.26%	0.22%
JNJ	D	1.14%	1.76%	1.14%
JPM	A	2.81%	3.14%	2.81%
KEY	B	0.17%	0.08%	0.08%
KHC	F	0.13%	0.14%	0.13%
KMB	D	0.13%	0.21%	0.13%
KMI	B	0.23%	0.24%	0.23%
KR	A	0.31%	0.18%	0.18%
L	A	0.34%	0.07%	0.07%
LDOS	C	0.58%	0.12%	0.12%
LH	B	0.08%	0.09%	0.08%
LHX	B	0.43%	0.23%	0.23%
LIN	D	0.46%	0.5%	0.46%
LMT	D	0.67%	0.55%	0.55%
LOW	B	0.07%	0.71%	0.07%
MA	B	0.28%	0.56%	0.28%
MCD	C	0.28%	0.55%	0.28%
MCK	B	0.01%	0.37%	0.01%
MDLZ	F	0.06%	0.24%	0.06%
MDT	D	0.39%	0.53%	0.39%
MGM	D	0.2%	0.01%	0.01%
MKC	D	0.08%	0.09%	0.08%
MMC	D	0.38%	0.25%	0.25%
MMM	C	0.6%	0.34%	0.34%
MO	A	0.26%	0.43%	0.26%
MS	A	0.53%	0.75%	0.53%
MSCI	B	0.19%	0.09%	0.09%
MSI	B	0.2%	0.15%	0.15%
MU	D	0.95%	0.59%	0.59%
NEE	D	0.78%	0.72%	0.72%
NEM	F	0.05%	0.24%	0.05%
NOC	D	0.67%	0.33%	0.33%
NSC	B	0.58%	0.29%	0.29%
NTAP	D	0.12%	0.07%	0.07%
NUE	D	0.36%	0.07%	0.07%
NWS	B	0.03%	0.02%	0.02%
NWSA	B	0.06%	0.05%	0.05%
OXY	F	0.08%	0.16%	0.08%
PCAR	B	0.4%	0.07%	0.07%
PCG	A	0.38%	0.2%	0.2%
PEG	C	0.1%	0.2%	0.1%
PFE	F	0.88%	0.73%	0.73%
PFG	C	0.16%	0.09%	0.09%
PG	C	1.18%	1.1%	1.1%
PGR	A	0.35%	0.35%	0.35%
PH	A	0.12%	0.09%	0.09%
PKG	B	0.13%	0.1%	0.1%
PM	B	1.22%	0.57%	0.57%
PNC	B	0.72%	0.38%	0.38%
PNR	A	0.18%	0.02%	0.02%
PPG	F	0.57%	0.14%	0.14%
PRU	B	0.33%	0.21%	0.21%
PSA	D	0.51%	0.14%	0.14%
PYPL	A	0.79%	0.39%	0.39%
QCOM	F	0.47%	0.43%	0.43%
QRVO	F	0.11%	0.03%	0.03%
REG	A	0.07%	0.06%	0.06%
RJF	A	0.03%	0.14%	0.03%
RSG	B	0.65%	0.09%	0.09%
RTX	D	0.72%	0.75%	0.72%
SCHW	B	0.83%	0.51%	0.51%
SO	D	0.07%	0.44%	0.07%
SOLV	C	0.12%	0.05%	0.05%
SPG	A	0.18%	0.16%	0.16%
SPGI	C	0.71%	0.42%	0.42%
STLD	C	0.48%	0.04%	0.04%
STT	B	0.14%	0.13%	0.13%
SWKS	F	0.13%	0.07%	0.07%
SYF	B	0.03%	0.12%	0.03%
SYK	A	0.25%	0.21%	0.21%
T	A	0.98%	0.74%	0.74%
TAP	B	0.14%	0.05%	0.05%
TFC	B	0.23%	0.29%	0.23%
TFX	F	0.03%	0.04%	0.03%
TJX	A	0.27%	0.22%	0.22%
TMO	F	0.79%	0.62%	0.62%
TMUS	A	0.55%	0.53%	0.53%
TPR	A	0.09%	0.06%	0.06%
TRMB	B	0.05%	0.08%	0.05%
TROW	A	0.13%	0.13%	0.13%
TRV	B	0.27%	0.27%	0.27%
TT	B	0.52%	0.13%	0.13%
TXN	B	0.16%	0.58%	0.16%
TXT	D	0.55%	0.08%	0.08%
UHS	D	0.13%	0.06%	0.06%
UNH	B	1.64%	1.62%	1.62%
UNP	D	0.76%	0.38%	0.38%
UPS	C	0.06%	0.46%	0.06%
VICI	D	0.24%	0.15%	0.15%
VLTO	D	0.04%	0.12%	0.04%
VMC	B	0.28%	0.06%	0.06%
VRTX	B	0.1%	0.22%	0.1%
VZ	D	0.65%	0.8%	0.65%
WAB	B	0.49%	0.16%	0.16%
WBD	B	0.09%	0.1%	0.09%
WDC	D	0.14%	0.11%	0.11%
WFC	A	1.01%	1.11%	1.01%
WM	A	0.25%	0.2%	0.2%
WMB	B	0.12%	0.19%	0.12%
WMT	A	1.73%	1.7%	1.7%
WTW	A	0.26%	0.15%	0.15%
XEL	A	0.24%	0.17%	0.17%
XOM	B	2.47%	2.52%	2.47%
ZBRA	B	0.33%	0.1%	0.1%

FELV Overweight 119 Positions Relative to SPYV

Symbol	Grade	Weight
SQ	B	0.69%
ZM	B	0.66%
CVNA	B	0.62%
CACI	C	0.58%
SSNC	C	0.57%
SEIC	A	0.57%
IGT	F	0.5%
AMAT	F	0.46%
TWLO	B	0.46%
DBX	B	0.44%
ADBE	C	0.37%
TPH	C	0.36%
EXEL	B	0.36%
UNM	A	0.36%
BRX	A	0.34%
FTV	C	0.33%
LPX	A	0.31%
VEEV	B	0.3%
DOCU	B	0.3%
TOL	B	0.28%
ANF	C	0.27%
TDC	F	0.27%
FR	D	0.27%
SEE	C	0.25%
FLS	B	0.25%
GAP	B	0.25%
CRM	B	0.23%
SKYW	B	0.21%
OC	A	0.21%
META	B	0.21%
Z	B	0.2%
VMI	B	0.2%
AVGO	C	0.2%
AAPL	C	0.19%
TMHC	B	0.19%
USFD	B	0.19%
MTDR	B	0.18%
NFLX	A	0.18%
ITT	A	0.18%
CCK	D	0.18%
MEDP	D	0.18%
NVDA	A	0.18%
LNW	F	0.18%
ILMN	C	0.17%
ACA	B	0.17%
ZG	B	0.16%
JXN	C	0.16%
RCL	A	0.15%
FANG	C	0.14%
WDAY	B	0.13%
FTI	B	0.13%
BMRN	F	0.12%
EEFT	C	0.12%
CRC	B	0.11%
QGEN	D	0.11%
ROST	D	0.11%
AM	B	0.11%
BLD	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%
CNO	B	0.09%
KD	A	0.09%
WCC	B	0.08%
DASH	A	0.08%
ACT	C	0.08%
TRGP	B	0.08%
CMG	B	0.07%
BYD	A	0.07%
BBWI	C	0.06%
CW	C	0.06%
NWL	B	0.06%
AMD	F	0.06%
SON	F	0.06%
LEG	F	0.06%
ARW	F	0.06%
VST	B	0.06%
VSTS	D	0.06%
OGE	B	0.06%
NMRK	B	0.06%
SAM	B	0.05%
ALKS	C	0.05%
GLPI	D	0.05%
FHI	A	0.05%
PLTK	B	0.05%
MATX	B	0.04%
ALRM	C	0.04%
MSA	D	0.04%
INGR	B	0.04%
HL	D	0.04%
CWEN	D	0.04%
AXTA	A	0.03%
ITRI	B	0.03%
WOOF	D	0.03%
RGA	A	0.03%
KLAC	F	0.03%
WS	B	0.03%
EXTR	C	0.03%
AMZN	A	0.03%
DHI	D	0.03%
ELAN	C	0.03%
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%
MUR	D	0.01%
CXT	F	0.01%
AXS	A	0.01%
LYFT	B	0.01%
M	C	0.01%

FELV Underweight 228 Positions Relative to SPYV

Symbol	Grade	Weight
COST	B	-1.1%
V	A	-0.81%
MRK	F	-0.72%
KO	F	-0.7%
PEP	D	-0.67%
CB	C	-0.49%
PLD	D	-0.49%
WELL	B	-0.37%
USB	B	-0.36%
EMR	A	-0.34%
TGT	C	-0.33%
APD	B	-0.32%
ISRG	A	-0.3%
FDX	B	-0.3%
SLB	C	-0.29%
BA	F	-0.29%
GM	B	-0.29%
SRE	B	-0.27%
FI	A	-0.27%
PSX	C	-0.25%
AFL	C	-0.25%
NKE	F	-0.24%
O	D	-0.23%
AIG	B	-0.23%
FIS	B	-0.22%
D	D	-0.22%
MET	C	-0.22%
KVUE	A	-0.21%
SHW	A	-0.21%
SBUX	B	-0.21%
DE	D	-0.21%
COR	B	-0.2%
VLO	C	-0.2%
CBRE	B	-0.19%
CTSH	A	-0.19%
CTVA	C	-0.19%
SYY	D	-0.18%
MCO	C	-0.18%
APH	B	-0.18%
ZTS	D	-0.17%
BX	A	-0.17%
RMD	C	-0.17%
HPQ	B	-0.17%
STZ	D	-0.17%
KDP	C	-0.17%
HIG	C	-0.16%
DOW	F	-0.16%
HCA	D	-0.16%
MTB	A	-0.16%
EXR	D	-0.16%
FCX	F	-0.16%
ROP	A	-0.16%
REGN	F	-0.16%
AJG	A	-0.15%
ETR	B	-0.15%
ADSK	B	-0.15%
DLR	C	-0.15%
AVB	B	-0.15%
NDAQ	B	-0.15%
ABNB	C	-0.15%
CARR	C	-0.15%
XYL	F	-0.14%
WEC	B	-0.14%
EBAY	C	-0.14%
FITB	A	-0.14%
DOV	A	-0.13%
UAL	A	-0.13%
PAYX	B	-0.13%
KEYS	C	-0.13%
OTIS	D	-0.12%
HBAN	A	-0.12%
AMP	A	-0.12%
AWK	D	-0.12%
SW	B	-0.12%
VTR	C	-0.12%
LYB	F	-0.11%
WY	F	-0.11%
OKE	A	-0.11%
AEE	B	-0.11%
MPC	D	-0.11%
RF	A	-0.11%
FAST	B	-0.11%
PPL	A	-0.11%
EQT	B	-0.11%
OMC	A	-0.1%
CHTR	B	-0.1%
CFG	B	-0.1%
YUM	B	-0.1%
FSLR	F	-0.1%
FE	D	-0.1%
NTRS	A	-0.1%
K	A	-0.1%
ATO	B	-0.1%
ZBH	C	-0.1%
TDY	B	-0.1%
LEN	D	-0.09%
HOLX	D	-0.09%
MTD	F	-0.09%
LUV	B	-0.09%
INVH	D	-0.09%
ORLY	A	-0.09%
ESS	C	-0.09%
NRG	C	-0.09%
CMS	D	-0.09%
EFX	F	-0.09%
IP	B	-0.09%
MCHP	F	-0.08%
ROK	B	-0.08%
AVY	F	-0.08%
AZO	B	-0.08%
KIM	A	-0.08%
TSN	B	-0.08%
IRM	D	-0.08%
MRNA	F	-0.08%
DAL	A	-0.08%
GPC	D	-0.08%
DG	F	-0.08%
ON	F	-0.08%
IEX	B	-0.08%
ARE	F	-0.08%
WRB	B	-0.08%
VRSK	A	-0.08%
TSCO	D	-0.08%
MAA	C	-0.08%
J	D	-0.08%
BALL	D	-0.08%
TER	F	-0.08%
FFIV	B	-0.07%
SWK	F	-0.07%
NDSN	B	-0.07%
SBAC	D	-0.07%
WAT	B	-0.07%
LNT	C	-0.07%
TTWO	A	-0.07%
PWR	B	-0.07%
APTV	F	-0.07%
AMCR	D	-0.07%
NXPI	F	-0.07%
JBHT	C	-0.07%
RVTY	C	-0.07%
EL	F	-0.07%
MNST	B	-0.07%
IDXX	F	-0.07%
NI	A	-0.07%
CDW	F	-0.07%
EG	D	-0.07%
VTRS	B	-0.07%
HSY	F	-0.07%
GEN	B	-0.07%
KMX	B	-0.06%
BXP	D	-0.06%
TECH	D	-0.06%
EMN	D	-0.06%
BG	D	-0.06%
SJM	F	-0.06%
CPT	C	-0.06%
CHRW	A	-0.06%
MLM	B	-0.06%
DLTR	F	-0.06%
JNPR	D	-0.06%
STX	D	-0.06%
UDR	C	-0.06%
JKHY	C	-0.06%
GWW	B	-0.06%
HUBB	C	-0.06%
CAG	F	-0.06%
CHD	A	-0.06%
IR	A	-0.05%
FOXA	A	-0.05%
LKQ	C	-0.05%
PNW	A	-0.05%
SNA	A	-0.05%
MKTX	C	-0.05%
EXPD	C	-0.05%
PODD	B	-0.05%
CTLT	D	-0.05%
DXCM	C	-0.05%
CRL	C	-0.05%
BR	A	-0.05%
IPG	F	-0.05%
ALB	C	-0.05%
CBOE	D	-0.04%
MRO	B	-0.04%
FMC	F	-0.04%
MHK	D	-0.04%
HII	F	-0.04%
ROL	C	-0.04%
BWA	B	-0.04%
EPAM	B	-0.04%
MTCH	F	-0.04%
MAS	D	-0.04%
VRSN	C	-0.04%
MOH	F	-0.04%
IVZ	B	-0.04%
AKAM	F	-0.04%
HAS	D	-0.04%
FRT	B	-0.04%
HRL	F	-0.04%
HSIC	F	-0.04%
CPB	F	-0.04%
MOS	D	-0.04%
PTC	B	-0.04%
STE	D	-0.04%
DPZ	C	-0.04%
FDS	A	-0.04%
DRI	B	-0.04%
FOX	A	-0.03%
BRO	B	-0.03%
DAY	B	-0.03%
POOL	D	-0.03%
ENPH	F	-0.03%
PAYC	B	-0.03%
ULTA	C	-0.03%
BEN	C	-0.03%
WBA	D	-0.03%
PARA	B	-0.03%
ALGN	D	-0.03%
CF	B	-0.03%
LVS	C	-0.03%
JBL	C	-0.03%
AOS	F	-0.02%
CZR	F	-0.02%
LW	B	-0.02%
RL	B	-0.02%
GNRC	B	-0.02%
ERIE	F	-0.02%
HST	D	-0.02%
DVA	C	-0.01%