FENI vs. LCTD ETF Comparison

Comparison of Fidelity Enhanced International ETF (FENI) to BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD)

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

$27.98

Average Daily Volume

176,229

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LCTD

BlackRock World ex U.S. Carbon Transition Readiness ETF

LCTD Description

The investment seeks long-term capital appreciation by investing in large- and mid-capitalization World ex U.S. equity securities that may be better positioned to benefit from the transition to a low-carbon economy. The fund seeks to outperform the price and yield performance of the MSCI World ex USA Index. The Advisor selects portfolio securities that are components of the index. The index measures the performance of large- and mid-capitalization stocks across global developed market countries, excluding the U.S. It is non-diversified.

Grade (RS Rating)

Last Trade

$44.98

Average Daily Volume

8,998

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FENI	LCTD
30 Days	-2.98%	-3.09%
60 Days	-6.08%	-6.04%
90 Days	-6.11%	-5.48%
12 Months	13.19%	9.21%

13 Overlapping Holdings

Symbol	Grade	Weight in FENI	Weight in LCTD	Overlap
ABBV	D	0.79%	0.58%	0.58%
ABBV	D	0.28%	0.58%	0.28%
BCS	C	0.12%	0.42%	0.12%
CCEP	C	0.02%	0.42%	0.02%
HSBH	B	1.06%	1.53%	1.06%
LYG	F	0.12%	0.31%	0.12%
NMR	B	0.66%	0.45%	0.45%
NVS	D	1.58%	1.51%	1.51%
NVS	D	0.12%	1.51%	0.12%
QGEN	D	0.53%	0.2%	0.2%
SE	B	0.79%	0.08%	0.08%
SONY	B	1.21%	0.42%	0.42%
TM	D	0.56%	0.79%	0.56%

FENI Overweight 18 Positions Relative to LCTD

Symbol	Grade	Weight
BTI	B	0.76%
WIX	B	0.58%
MUFG	B	0.57%
UL	D	0.56%
GSK	F	0.48%
UL	D	0.48%
RIO	D	0.48%
HSBC	B	0.42%
VOD	F	0.3%
SNY	F	0.28%
RELX	C	0.23%
GMAB	F	0.22%
NOK	D	0.21%
BBVA	F	0.14%
NWG	C	0.11%
AZN	D	0.08%
LOGI	D	0.07%
SMFG	B	0.03%

FENI Underweight 9 Positions Relative to LCTD

Symbol	Grade	Weight
TD	F	-1.36%
DEO	F	-1.01%
HMC	F	-0.9%
SHOP	B	-0.47%
CYBR	B	-0.31%
CNI	D	-0.1%
MFG	B	-0.09%
TEVA	D	-0.03%
STLA	F	-0.03%