FELV vs. VCIT ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

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

$32.26

Average Daily Volume

105,833

Number of Holdings ^*

332

* may have additional holdings in another (foreign) market

VCIT

Vanguard Intermediate-Term Corporate Bond ETF

VCIT Description

The investment seeks to track the performance of a market-weighted corporate bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 5 and 10 years. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$80.96

Average Daily Volume

6,311,765

Number of Holdings ^*

488

* may have additional holdings in another (foreign) market

Performance

Period	FELV	VCIT
30 Days	3.13%	-0.79%
60 Days	5.35%	-2.83%
90 Days	6.57%	-1.55%
12 Months	28.71%	8.54%

195 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in VCIT	Overlap
A	D	0.09%	0.02%	0.02%
AAPL	C	0.19%	0.01%	0.01%
ABBV	F	0.85%	0.13%	0.13%
ABT	B	0.54%	0.02%	0.02%
ADBE	C	0.37%	0.05%	0.05%
ADI	D	0.04%	0.04%	0.04%
ADM	D	0.1%	0.05%	0.05%
ADP	A	0.1%	0.04%	0.04%
AEP	C	0.08%	0.01%	0.01%
AES	F	0.16%	0.02%	0.02%
AIZ	A	0.11%	0.02%	0.02%
ALL	A	0.19%	0.02%	0.02%
ALLE	C	0.54%	0.02%	0.02%
AMAT	F	0.42%	0.04%	0.04%
AMGN	F	0.15%	0.01%	0.01%
AMH	C	0.11%	0.02%	0.02%
AMT	C	0.14%	0.03%	0.03%
AMZN	C	0.08%	0.09%	0.08%
AON	A	0.59%	0.01%	0.01%
ARW	D	0.06%	0.03%	0.03%
AVGO	D	0.12%	0.01%	0.01%
AXP	A	0.2%	0.11%	0.11%
AXS	A	0.01%	0.01%	0.01%
AYI	B	0.02%	0.03%	0.02%
BAC	A	1.77%	0.01%	0.01%
BBY	D	0.15%	0.02%	0.02%
BDX	F	0.74%	0.03%	0.03%
BERY	C	0.02%	0.03%	0.02%
BIIB	F	0.3%	0.07%	0.07%
BK	A	0.63%	0.01%	0.01%
BKH	A	0.04%	0.01%	0.01%
BLK	B	0.37%	0.04%	0.04%
BMY	B	0.84%	0.03%	0.03%
BRX	A	0.35%	0.01%	0.01%
BSX	A	0.19%	0.01%	0.01%
C	A	0.48%	0.02%	0.02%
CAH	B	0.3%	0.05%	0.05%
CAT	B	0.54%	0.02%	0.02%
CCI	C	0.57%	0.03%	0.03%
CI	D	0.6%	0.02%	0.02%
CINF	A	0.22%	0.02%	0.02%
CLX	A	0.25%	0.01%	0.01%
CMCSA	B	1.13%	0.02%	0.02%
CME	B	0.57%	0.03%	0.03%
CMI	A	0.34%	0.04%	0.04%
CNO	B	0.09%	0.03%	0.03%
CNP	A	0.15%	0.02%	0.02%
COF	C	0.47%	0.03%	0.03%
COP	C	0.56%	0.01%	0.01%
CRM	B	0.22%	0.07%	0.07%
CSX	C	0.34%	0.02%	0.02%
CTAS	B	0.43%	0.05%	0.05%
CVS	D	0.3%	0.02%	0.02%
CVX	A	0.53%	0.01%	0.01%
DD	C	0.48%	0.1%	0.1%
DELL	B	0.08%	0.04%	0.04%
DFS	B	0.05%	0.01%	0.01%
DGX	A	0.01%	0.01%	0.01%
DHI	F	0.03%	0.02%	0.02%
DHR	F	0.17%	0.04%	0.04%
DIS	B	0.8%	0.03%	0.03%
DOC	C	0.22%	0.01%	0.01%
DTE	C	0.19%	0.01%	0.01%
DUK	C	0.28%	0.01%	0.01%
DVN	F	0.34%	0.01%	0.01%
EA	A	0.11%	0.04%	0.04%
ECL	D	0.5%	0.01%	0.01%
ED	C	0.22%	0.01%	0.01%
EIX	B	0.17%	0.01%	0.01%
EOG	A	0.53%	0.05%	0.05%
EQIX	A	0.2%	0.02%	0.02%
EQR	C	0.17%	0.02%	0.02%
ES	C	0.13%	0.01%	0.01%
ETN	A	0.76%	0.03%	0.03%
EVRG	A	0.35%	0.01%	0.01%
EW	C	0.06%	0.03%	0.03%
EXC	C	0.24%	0.01%	0.01%
FANG	C	0.09%	0.04%	0.04%
FLS	B	0.25%	0.03%	0.03%
GD	D	0.14%	0.01%	0.01%
GE	D	1.05%	0.04%	0.04%
GILD	C	0.92%	0.01%	0.01%
GIS	D	0.05%	0.04%	0.04%
GL	C	0.28%	0.02%	0.02%
GLPI	C	0.05%	0.03%	0.03%
GPN	B	0.09%	0.02%	0.02%
GS	A	0.34%	0.05%	0.05%
HAL	C	0.13%	0.06%	0.06%
HD	B	0.45%	0.03%	0.03%
HON	C	0.08%	0.01%	0.01%
HUM	C	0.14%	0.01%	0.01%
IBM	C	0.27%	0.01%	0.01%
ICE	C	0.18%	0.03%	0.03%
IFF	D	0.08%	0.02%	0.02%
ILMN	C	0.15%	0.03%	0.03%
INGR	C	0.04%	0.03%	0.03%
INTC	C	0.85%	0.05%	0.05%
ITW	B	0.12%	0.04%	0.04%
JCI	B	0.21%	0.02%	0.02%
JNJ	C	1.02%	0.01%	0.01%
JPM	A	2.93%	0.01%	0.01%
KEY	B	0.18%	0.02%	0.02%
KLAC	F	0.03%	0.04%	0.03%
KMB	C	0.14%	0.02%	0.02%
KMI	A	0.24%	0.01%	0.01%
KR	B	0.31%	0.01%	0.01%
L	A	0.35%	0.04%	0.04%
LDOS	C	0.47%	0.05%	0.05%
LEG	F	0.06%	0.02%	0.02%
LH	B	0.08%	0.01%	0.01%
LHX	C	0.45%	0.01%	0.01%
LIN	C	0.46%	0.03%	0.03%
LMT	D	0.64%	0.04%	0.04%
LOW	C	0.07%	0.01%	0.01%
MA	B	0.28%	0.03%	0.03%
MCD	D	0.28%	0.01%	0.01%
MDLZ	F	0.06%	0.02%	0.02%
MDT	D	0.4%	0.02%	0.02%
MKC	C	0.08%	0.01%	0.01%
MKL	A	0.17%	0.01%	0.01%
MMC	B	0.38%	0.04%	0.04%
MMM	D	0.6%	0.02%	0.02%
MO	A	0.28%	0.02%	0.02%
MS	A	0.54%	0.01%	0.01%
MSI	B	0.2%	0.02%	0.02%
MU	D	0.86%	0.03%	0.03%
NEE	C	0.81%	0.01%	0.01%
NEM	D	0.05%	0.05%	0.05%
NOC	D	0.63%	0.02%	0.02%
NSC	B	0.57%	0.01%	0.01%
NTAP	C	0.12%	0.03%	0.03%
NUE	C	0.34%	0.02%	0.02%
NVDA	B	0.17%	0.06%	0.06%
OC	A	0.22%	0.02%	0.02%
OGE	A	0.06%	0.01%	0.01%
PCG	A	0.39%	0.01%	0.01%
PEG	A	0.1%	0.01%	0.01%
PFE	F	0.85%	0.03%	0.03%
PFG	D	0.16%	0.02%	0.02%
PG	C	1.24%	0.04%	0.04%
PGR	A	0.35%	0.01%	0.01%
PH	A	0.12%	0.05%	0.05%
PHM	D	0.01%	0.03%	0.01%
PKG	A	0.13%	0.02%	0.02%
PM	B	1.31%	0.02%	0.02%
PNC	B	0.7%	0.01%	0.01%
PNR	A	0.19%	0.01%	0.01%
PPG	F	0.57%	0.02%	0.02%
PRU	A	0.17%	0.02%	0.02%
PSA	C	0.52%	0.01%	0.01%
PYPL	B	0.79%	0.05%	0.05%
QCOM	F	0.5%	0.05%	0.05%
QRVO	F	0.11%	0.05%	0.05%
REG	A	0.07%	0.02%	0.02%
RGA	A	0.03%	0.03%	0.03%
RJF	A	0.03%	0.07%	0.03%
ROP	B	0.01%	0.03%	0.01%
ROST	D	0.11%	0.02%	0.02%
RSG	A	0.66%	0.01%	0.01%
RTX	D	0.7%	0.01%	0.01%
SCHW	B	0.88%	0.01%	0.01%
SO	C	0.12%	0.02%	0.02%
SON	F	0.01%	0.03%	0.01%
SPG	A	0.18%	0.01%	0.01%
SPGI	C	0.63%	0.02%	0.02%
STLD	B	0.33%	0.02%	0.02%
STT	B	0.15%	0.01%	0.01%
SWKS	F	0.13%	0.03%	0.03%
SYF	B	0.03%	0.03%	0.03%
SYK	B	0.26%	0.02%	0.02%
T	A	1.02%	0.05%	0.05%
TFC	A	0.24%	0.02%	0.02%
TGT	F	0.01%	0.02%	0.01%
TJX	A	0.28%	0.01%	0.01%
TMO	F	0.73%	0.03%	0.03%
TMUS	B	0.56%	0.09%	0.09%
TRMB	B	0.05%	0.03%	0.03%
TT	A	0.52%	0.03%	0.03%
TXN	C	0.16%	0.02%	0.02%
TXT	D	0.53%	0.01%	0.01%
UAL	A	0.03%	0.01%	0.01%
UHS	D	0.12%	0.04%	0.04%
UNH	B	1.57%	0.01%	0.01%
UNM	A	0.38%	0.02%	0.02%
UNP	C	0.75%	0.02%	0.02%
UPS	C	0.06%	0.03%	0.03%
VMC	B	0.28%	0.02%	0.02%
VZ	C	0.68%	0.04%	0.04%
WAB	B	0.45%	0.04%	0.04%
WFC	A	1.22%	0.01%	0.01%
WM	B	0.25%	0.01%	0.01%
WMB	A	0.12%	0.01%	0.01%
WMT	A	1.76%	0.01%	0.01%
XEL	A	0.25%	0.01%	0.01%
XOM	B	2.51%	0.01%	0.01%

FELV Overweight 137 Positions Relative to VCIT

Symbol	Grade	Weight
BRK.A	B	3.64%
CSCO	B	1.07%
SQ	A	0.7%
CVNA	B	0.62%
SEIC	B	0.58%
CL	D	0.54%
ZM	C	0.52%
SSNC	B	0.5%
CACI	D	0.46%
DBX	B	0.42%
PCAR	B	0.39%
IGT	F	0.36%
EXEL	B	0.35%
TPH	D	0.35%
ACN	B	0.34%
FTV	C	0.33%
LPX	B	0.33%
F	C	0.33%
ZBRA	B	0.32%
TWLO	A	0.3%
FR	D	0.28%
VEEV	C	0.28%
TOL	B	0.28%
TRV	B	0.28%
GEV	B	0.28%
ANF	F	0.28%
TDC	D	0.27%
AME	A	0.26%
WTW	B	0.26%
VICI	C	0.25%
GAP	C	0.25%
SEE	C	0.25%
CNC	D	0.23%
Z	A	0.22%
DOCU	B	0.22%
INCY	C	0.22%
SKYW	C	0.21%
MGM	D	0.21%
META	D	0.21%
HPE	B	0.21%
VMI	B	0.2%
NFLX	A	0.19%
USFD	A	0.19%
FTI	A	0.19%
MSCI	C	0.19%
ITT	A	0.18%
TMHC	C	0.18%
ZG	A	0.18%
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%
JXN	C	0.15%
RCL	A	0.15%
OXY	D	0.15%
WDC	D	0.14%
WDAY	B	0.13%
CCL	A	0.13%
TROW	B	0.13%
SOLV	D	0.12%
EEFT	B	0.12%
HWM	A	0.12%
KHC	F	0.12%
BLD	D	0.11%
ENS	F	0.11%
BCC	B	0.11%
GRMN	B	0.11%
ELV	F	0.11%
BMRN	F	0.11%
TPR	B	0.1%
ADTN	A	0.1%
BKR	A	0.1%
CRC	A	0.1%
MHO	D	0.1%
TRGP	A	0.09%
MTDR	B	0.09%
WBD	B	0.09%
KD	B	0.09%
ACT	C	0.09%
MCK	A	0.09%
VRTX	D	0.09%
CRUS	D	0.09%
TENB	C	0.08%
DASH	B	0.08%
BBWI	C	0.08%
ALRM	C	0.08%
VST	A	0.07%
CMG	B	0.07%
BYD	B	0.07%
LYFT	C	0.07%
WCC	B	0.07%
NWL	C	0.06%
NWSA	A	0.06%
VSTS	C	0.06%
NMRK	C	0.06%
SAM	C	0.05%
CTRA	B	0.05%
FHI	B	0.05%
CW	C	0.05%
PLTK	B	0.05%
AM	A	0.04%
VLTO	C	0.04%
VAC	C	0.04%
CSGP	D	0.04%
HL	D	0.04%
CWEN	C	0.04%
CTRE	C	0.04%
AXTA	B	0.03%
MSA	F	0.03%
TFX	F	0.03%
EXTR	C	0.03%
WS	C	0.03%
ALKS	C	0.03%
NWS	A	0.03%
MATX	C	0.03%
AMD	F	0.02%
CWEN	C	0.02%
SWI	C	0.02%
OKTA	C	0.02%
OGN	F	0.02%
ITRI	C	0.02%
BIO	C	0.02%
WOOF	D	0.02%
MWA	B	0.01%
TNL	A	0.01%
FTDR	B	0.01%
MUR	D	0.01%
CXT	C	0.01%
BLDR	D	0.01%
ANSS	B	0.01%
GLW	B	0.01%
M	F	0.01%

FELV Underweight 293 Positions Relative to VCIT

Symbol	Grade	Weight
DT	D	-0.28%
MSFT	D	-0.23%
WIT	B	-0.15%
NOW	A	-0.07%
MET	A	-0.07%
DLTR	F	-0.07%
DB	D	-0.07%
COST	A	-0.07%
BABA	D	-0.07%
VRSK	A	-0.06%
REGN	F	-0.06%
KOF	F	-0.06%
TSN	B	-0.06%
CHTR	C	-0.06%
MRK	D	-0.06%
BMO	A	-0.05%
ARCC	A	-0.05%
ZBH	C	-0.05%
PWR	A	-0.05%
STE	D	-0.05%
SLB	C	-0.05%
IEX	C	-0.05%
TD	D	-0.05%
NVR	D	-0.05%
MRO	B	-0.05%
SYY	D	-0.05%
BHF	C	-0.05%
EXPE	B	-0.05%
AZN	F	-0.05%
HCA	F	-0.05%
NWG	A	-0.05%
PSX	C	-0.04%
AGR	A	-0.04%
BEN	C	-0.04%
AMG	B	-0.04%
VRSN	C	-0.04%
URI	C	-0.04%
XRAY	F	-0.04%
MOS	F	-0.04%
MTB	A	-0.04%
INVH	D	-0.04%
EXP	B	-0.04%
CNH	C	-0.04%
LVS	B	-0.04%
MPC	D	-0.04%
EBAY	D	-0.04%
BR	A	-0.04%
PAA	B	-0.04%
LRCX	F	-0.04%
HPQ	B	-0.04%
AER	A	-0.04%
MPLX	A	-0.04%
OTIS	C	-0.04%
NKE	F	-0.04%
ET	A	-0.04%
VTRS	A	-0.04%
GOOGL	C	-0.04%
GSK	F	-0.04%
CARR	C	-0.04%
VOD	F	-0.04%
LLY	F	-0.03%
MRVL	B	-0.03%
KEX	B	-0.03%
HRB	D	-0.03%
JNPR	D	-0.03%
JBL	C	-0.03%
KSS	F	-0.03%
FHN	A	-0.03%
EMN	C	-0.03%
FAF	A	-0.03%
ADSK	A	-0.03%
BNS	A	-0.03%
TSCO	D	-0.03%
RF	A	-0.03%
SBRA	C	-0.03%
NDAQ	A	-0.03%
HP	C	-0.03%
HIG	B	-0.03%
JD	D	-0.03%
DXC	B	-0.03%
DOX	D	-0.03%
BC	C	-0.03%
CMA	B	-0.03%
AGO	B	-0.03%
CHRW	B	-0.03%
ACGL	C	-0.03%
AAT	B	-0.03%
BDN	C	-0.03%
TEL	B	-0.03%
WB	D	-0.03%
ZION	B	-0.03%
VNT	C	-0.03%
RPM	A	-0.03%
RL	C	-0.03%
SCS	C	-0.03%
SNX	D	-0.03%
HST	C	-0.03%
DAL	B	-0.03%
CSL	C	-0.03%
FMC	D	-0.03%
SWK	D	-0.03%
VFC	C	-0.03%
SJM	D	-0.03%
KEYS	A	-0.03%
CFG	B	-0.03%
OMC	C	-0.03%
EFX	F	-0.03%
AZO	C	-0.03%
VLO	C	-0.03%
WTRG	B	-0.03%
LYB	F	-0.03%
O	C	-0.03%
FLEX	B	-0.03%
FITB	B	-0.03%
CPB	D	-0.03%
FIS	C	-0.03%
BG	D	-0.03%
NI	A	-0.03%
NXPI	D	-0.03%
SRE	A	-0.03%
V	A	-0.03%
DG	F	-0.03%
DLR	B	-0.03%
BKNG	A	-0.03%
TDY	B	-0.03%
EPD	A	-0.03%
FOXA	A	-0.03%
MUFG	B	-0.03%
KDP	F	-0.03%
BA	F	-0.03%
TME	D	-0.02%
R	B	-0.02%
SKT	A	-0.02%
SITC	D	-0.02%
RS	B	-0.02%
SAFE	F	-0.02%
AVT	C	-0.02%
CHD	A	-0.02%
BKU	A	-0.02%
CE	F	-0.02%
AN	C	-0.02%
NVT	B	-0.02%
GPC	D	-0.02%
HR	B	-0.02%
GXO	B	-0.02%
EPRT	B	-0.02%
FTNT	C	-0.02%
FRT	B	-0.02%
WU	F	-0.02%
TKR	D	-0.02%
RYN	D	-0.02%
SF	B	-0.02%
NOV	C	-0.02%
NHI	D	-0.02%
MHK	D	-0.02%
DOV	A	-0.02%
DSS	F	-0.02%
AFG	A	-0.02%
WBS	A	-0.02%
WBA	F	-0.02%
VOYA	B	-0.02%
VNO	C	-0.02%
FSK	A	-0.02%
CTVA	C	-0.02%
EXR	C	-0.02%
DRI	B	-0.02%
OSK	C	-0.02%
LII	A	-0.02%
MCY	A	-0.02%
PDM	D	-0.02%
LAZ	B	-0.02%
KIM	A	-0.02%
KRC	B	-0.02%
AVY	F	-0.02%
PRE	D	-0.02%
MAS	D	-0.02%
LNC	C	-0.02%
MCO	B	-0.02%
INTU	B	-0.02%
H	B	-0.02%
BAX	F	-0.02%
AVB	B	-0.02%
ATO	A	-0.02%
CBOE	C	-0.02%
WPC	C	-0.02%
EPR	C	-0.02%
EL	F	-0.02%
FNF	B	-0.02%
ZTS	D	-0.02%
CP	F	-0.02%
XYL	D	-0.02%
LEA	F	-0.02%
K	A	-0.02%
HUN	F	-0.02%
CMS	C	-0.02%
BRO	B	-0.02%
BIDU	F	-0.02%
AWK	C	-0.02%
VTR	B	-0.02%
ESGR	B	-0.02%
HBAN	A	-0.02%
FDX	B	-0.02%
APD	A	-0.02%
NTRS	A	-0.02%
IPG	D	-0.02%
CPT	B	-0.02%
APH	A	-0.02%
RPRX	D	-0.02%
PEP	F	-0.02%
GM	C	-0.02%
HES	B	-0.02%
JEF	A	-0.02%
STZ	D	-0.02%
SHW	B	-0.02%
SBUX	A	-0.02%
BXP	C	-0.02%
AIG	B	-0.02%
ORCL	A	-0.02%
GBDC	D	-0.01%
SAVE	F	-0.01%
OCSL	F	-0.01%
GOOG	C	-0.01%
SNA	A	-0.01%
PSEC	D	-0.01%
NEU	D	-0.01%
OGS	A	-0.01%
APTV	F	-0.01%
KRG	B	-0.01%
WTFC	A	-0.01%
CBT	D	-0.01%
KMT	B	-0.01%
WLK	D	-0.01%
THG	A	-0.01%
WEC	A	-0.01%
CHH	A	-0.01%
ADC	A	-0.01%
KMPR	A	-0.01%
PNW	A	-0.01%
ROK	C	-0.01%
RNR	C	-0.01%
AAL	B	-0.01%
HUBB	B	-0.01%
HSY	F	-0.01%
LXP	D	-0.01%
NFG	A	-0.01%
OPI	F	-0.01%
HPP	F	-0.01%
CUBE	C	-0.01%
UDR	B	-0.01%
SWX	B	-0.01%
GP	F	-0.01%
HIW	C	-0.01%
FLO	D	-0.01%
REXR	F	-0.01%
ETR	B	-0.01%
CNA	C	-0.01%
AAP	D	-0.01%
SUI	C	-0.01%
NNN	C	-0.01%
HII	F	-0.01%
EMR	B	-0.01%
AL	B	-0.01%
ORLY	B	-0.01%
LNT	A	-0.01%
AEE	A	-0.01%
MLM	C	-0.01%
OHI	C	-0.01%
HAS	D	-0.01%
ESS	B	-0.01%
AMCR	C	-0.01%
WELL	A	-0.01%
MAA	B	-0.01%
HRL	D	-0.01%
ARE	F	-0.01%
DE	B	-0.01%
BWA	D	-0.01%
WHR	B	-0.01%
PLD	F	-0.01%
CB	C	-0.01%
USB	A	-0.01%
WY	F	-0.01%
OKE	A	-0.01%
DOW	F	-0.01%
D	C	-0.01%
WEST	C	-0.01%
KO	D	-0.01%
MAR	A	-0.01%
LEN	D	-0.01%
EQH	C	-0.01%
CAG	F	-0.01%
AFL	B	-0.01%
LUV	C	-0.01%
HSBC	A	-0.01%