FENI vs. AVDE ETF Comparison

Comparison of Fidelity Enhanced International ETF (FENI) to Avantis International Equity ETF (AVDE)

FENI

Fidelity Enhanced International ETF

FENI Description

The fund will normally invest at least 80% of assets in common stocks included in the MSCI EAFE Index, which is a market capitalization-weighted index that is designed to measure the investable equity market performance for global investors in developed markets, excluding the U.S. & Canada. 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.

Grade (RS Rating)

Last Trade

$27.97

Average Daily Volume

166,988

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AVDE

Avantis International Equity ETF

AVDE Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of non-U.S. companies across countries, market sectors and industry groups. It may invest in companies of all market capitalizations. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities. It also may invest in derivative instruments such as futures contracts, currency forwards, and swap agreements.

Grade (RS Rating)

Last Trade

$63.10

Average Daily Volume

257,081

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	FENI	AVDE
30 Days	-5.41%	-4.28%
60 Days	-5.63%	-4.34%
90 Days	-4.96%	-3.30%
12 Months	12.25%	11.03%

27 Overlapping Holdings

Symbol	Grade	Weight in FENI	Weight in AVDE	Overlap
ABBV	F	0.78%	0.12%	0.12%
ABBV	F	0.27%	0.12%	0.12%
AZN	F	0.08%	0.44%	0.08%
BBVA	D	0.13%	0.27%	0.13%
BCS	B	0.12%	0.37%	0.12%
CCEP	D	0.02%	0.09%	0.02%
GMAB	F	0.24%	0.06%	0.06%
GSK	F	0.49%	0.35%	0.35%
HSBC	A	0.4%	0.6%	0.4%
LOGI	F	0.04%	0.11%	0.04%
LYG	C	0.11%	0.26%	0.11%
MUFG	A	0.53%	0.37%	0.37%
NOK	C	0.21%	0.09%	0.09%
NVS	D	0.12%	0.8%	0.12%
NVS	D	1.57%	0.8%	0.8%
NWG	B	0.11%	0.18%	0.11%
QGEN	F	0.56%	0.03%	0.03%
RELX	D	0.24%	0.32%	0.24%
RIO	D	0.47%	0.29%	0.29%
SE	A	0.77%	0.05%	0.05%
SMFG	A	0.03%	0.31%	0.03%
SNY	F	0.29%	0.3%	0.29%
TM	D	0.55%	0.6%	0.55%
UL	D	0.47%	0.29%	0.29%
UL	D	0.83%	0.29%	0.29%
VOD	D	0.24%	0.15%	0.15%
WIX	A	0.67%	0.01%	0.01%

FENI Overweight 4 Positions Relative to AVDE

Symbol	Grade	Weight
HSBH	A	1.0%
SONY	B	0.74%
BTI	C	0.71%
NMR	B	0.66%

FENI Underweight 90 Positions Relative to AVDE

Symbol	Grade	Weight
NVO	F	-1.41%
TTE	F	-0.61%
ASML	F	-0.6%
BP	F	-0.47%
BHP	F	-0.47%
SAP	B	-0.34%
ING	D	-0.31%
SAN	C	-0.28%
TD	D	-0.26%
CNI	F	-0.26%
STM	F	-0.22%
DEO	F	-0.21%
ORAN	D	-0.2%
MFG	A	-0.19%
HMC	F	-0.19%
AER	B	-0.18%
NGG	D	-0.17%
IX	D	-0.16%
WFG	C	-0.16%
E	F	-0.15%
SHOP	B	-0.15%
HLN	C	-0.12%
MT	B	-0.12%
BUD	F	-0.12%
TEF	C	-0.11%
ZIM	A	-0.11%
SW	A	-0.11%
PHG	F	-0.11%
AGCO	F	-0.11%
STLA	F	-0.1%
ERIC	A	-0.09%
RBA	A	-0.08%
EQNR	D	-0.08%
CHKP	D	-0.07%
TAK	D	-0.07%
SNN	D	-0.06%
TEVA	D	-0.06%
CHRD	F	-0.05%
ARGX	B	-0.05%
TAC	B	-0.03%
OTEX	F	-0.03%
GLNG	D	-0.03%
CUK	A	-0.03%
DOOO	F	-0.02%
GRAB	A	-0.02%
TRMD	D	-0.02%
WPP	B	-0.02%
WDS	F	-0.02%
BUR	C	-0.02%
PRMW	C	-0.02%
XRX	F	-0.02%
MBAVU	A	-0.01%
KRNT	B	-0.01%
GLBE	A	-0.01%
FMS	A	-0.01%
AEI	D	-0.01%
ICLR	F	-0.01%
TS	B	-0.01%
GLPG	F	-0.01%
PDS	C	-0.01%
PSO	B	-0.01%
CYBR	A	-0.01%
FRO	D	-0.01%
FUTU	C	-0.01%
NICE	D	-0.01%
CLLS	D	-0.0%
IAUX	F	-0.0%
IPHA	F	-0.0%
UBCP	D	-0.0%
CSTE	F	-0.0%
QIPT	F	-0.0%
GEN	B	-0.0%
PIXY	F	-0.0%
RENB	F	-0.0%
LSPD	B	-0.0%
CLF	F	-0.0%
ORLA	C	-0.0%
SSBI	D	-0.0%
VGR	B	-0.0%
MLCO	F	-0.0%
ITRN	B	-0.0%
ELBM	D	-0.0%
NNDM	F	-0.0%
CSTM	F	-0.0%
SPNS	F	-0.0%
ASTL	B	-0.0%
VMAR	F	-0.0%
FLNG	C	-0.0%
MNDY	D	-0.0%
TCI	C	-0.0%