FFLC vs. GINN ETF Comparison

Comparison of Fidelity Fundamental Large Cap Core ETF (FFLC) to Goldman Sachs Innovate Equity ETF (GINN)

FFLC

Fidelity Fundamental Large Cap Core ETF

FFLC Description

FFLC seeks to achieve long-term capital growth by investing in a global core equity portfolio of large-cap stocks. The adviser generally defines large caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The portfolio includes stocks with growth and/or value characteristics. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity New Millennium ETF under the ticker FMIL. The fund previously used a semitransparent ETF structure.

Grade (RS Rating)

Last Trade

$47.14

Average Daily Volume

101,737

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GINN

Goldman Sachs Innovate Equity ETF

GINN Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Innovative Global Equity Index. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its index, in depositary receipts representing securities included in its index and in underlying stocks in respect of depositary receipts included in its index. The index is designed to deliver exposure to companies that may benefit from technological innovation and the resulting changes in the economy across five key themes that are potential drivers of changes in the economy.

Grade (RS Rating)

Last Trade

$62.91

Average Daily Volume

35,593

Number of Holdings ^*

340

* may have additional holdings in another (foreign) market

Performance

Period	FFLC	GINN
30 Days	1.03%	2.47%
60 Days	3.95%	5.43%
90 Days	6.08%	6.56%
12 Months	37.00%	30.53%

31 Overlapping Holdings

Symbol	Grade	Weight in FFLC	Weight in GINN	Overlap
AAPL	C	4.26%	1.84%	1.84%
ABBV	F	0.61%	0.54%	0.54%
ABBV	F	0.61%	0.44%	0.44%
ABNB	C	0.33%	0.2%	0.2%
AMT	C	0.43%	0.17%	0.17%
AMZN	C	2.89%	2.23%	2.23%
APH	A	0.85%	0.19%	0.19%
APO	B	0.61%	0.52%	0.52%
AVGO	D	1.98%	0.7%	0.7%
BMY	B	0.92%	0.45%	0.45%
BSX	A	1.35%	0.32%	0.32%
CMCSA	B	1.69%	0.25%	0.25%
CSCO	B	1.1%	0.48%	0.48%
DKS	D	0.19%	0.17%	0.17%
GE	D	1.61%	0.46%	0.46%
GEN	B	0.37%	0.17%	0.17%
GOOGL	C	3.2%	1.87%	1.87%
LLY	F	1.85%	0.84%	0.84%
MA	B	0.85%	0.73%	0.73%
MELI	C	0.2%	0.7%	0.2%
META	D	4.7%	1.35%	1.35%
MRVL	B	0.02%	0.34%	0.02%
MSFT	D	6.98%	1.85%	1.85%
NVDA	B	5.71%	2.42%	2.42%
NVO	F	0.53%	0.58%	0.53%
ORCL	A	0.97%	0.64%	0.64%
REGN	F	0.75%	0.3%	0.3%
TMO	F	1.18%	0.36%	0.36%
TSM	B	0.97%	0.69%	0.69%
UBER	F	0.61%	0.38%	0.38%
V	A	1.31%	0.77%	0.77%

FFLC Overweight 57 Positions Relative to GINN

Symbol	Grade	Weight
XOM	B	2.88%
BAC	A	2.18%
WFC	A	1.82%
SO	C	1.72%
UNH	B	1.72%
FI	A	1.34%
EIX	B	1.31%
CI	D	1.23%
SAP	B	1.15%
LOW	C	1.06%
CEG	C	1.06%
KVUE	A	1.04%
ETN	A	1.02%
PNC	B	1.01%
KDP	F	1.0%
INTU	B	1.0%
KO	D	0.94%
USB	A	0.94%
URI	C	0.92%
GEV	B	0.87%
TRV	B	0.87%
MOD	A	0.84%
ALSN	B	0.83%
UPS	C	0.78%
RPRX	D	0.76%
CB	C	0.73%
BA	F	0.72%
VRT	B	0.66%
HRB	D	0.64%
ELV	F	0.63%
COST	A	0.63%
CCI	C	0.61%
KNX	C	0.59%
FDX	B	0.58%
WSO	A	0.56%
DOX	D	0.53%
HLT	A	0.52%
MLM	C	0.49%
DEO	F	0.43%
MAR	A	0.42%
AJG	A	0.41%
WSM	C	0.4%
GD	D	0.38%
COR	B	0.37%
LEN	D	0.36%
GSK	F	0.3%
HII	F	0.29%
GILD	C	0.27%
NOC	D	0.25%
TMUS	B	0.2%
LIN	C	0.2%
SPR	D	0.19%
ASML	F	0.18%
SPG	A	0.18%
IP	A	0.18%
KBR	F	0.17%
LNG	A	0.03%

FFLC Underweight 309 Positions Relative to GINN

Symbol	Grade	Weight
TSLA	B	-1.31%
BABA	D	-0.96%
INTC	C	-0.86%
SE	A	-0.86%
AMD	F	-0.7%
WMT	A	-0.68%
SQ	A	-0.61%
GS	A	-0.61%
JNJ	C	-0.61%
ABT	B	-0.56%
BLK	B	-0.55%
KKR	A	-0.54%
PLTR	B	-0.53%
ISRG	A	-0.53%
DIS	B	-0.52%
BX	A	-0.51%
PYPL	B	-0.5%
TM	F	-0.47%
MDT	D	-0.47%
VRTX	D	-0.46%
CRM	B	-0.46%
MS	A	-0.45%
GM	C	-0.45%
SYK	B	-0.43%
MRK	D	-0.43%
SHOP	B	-0.43%
COIN	C	-0.43%
BIDU	F	-0.43%
NFLX	A	-0.43%
NU	C	-0.42%
FTNT	C	-0.41%
QCOM	F	-0.4%
GRAB	A	-0.39%
AMGN	F	-0.39%
CRWD	B	-0.37%
PANW	B	-0.37%
MSTR	B	-0.37%
ADBE	C	-0.37%
SPOT	B	-0.37%
PFE	F	-0.37%
AMP	A	-0.35%
F	C	-0.34%
IBKR	A	-0.33%
EW	C	-0.33%
ADSK	A	-0.33%
TER	F	-0.32%
SOFI	B	-0.32%
ANET	C	-0.31%
NOW	A	-0.31%
IBM	C	-0.31%
NTES	D	-0.3%
NKE	F	-0.3%
HPQ	B	-0.29%
EA	A	-0.29%
DFS	B	-0.29%
BNTX	C	-0.29%
GEHC	D	-0.28%
PDD	F	-0.28%
LYV	A	-0.27%
ZBRA	B	-0.27%
DHR	F	-0.27%
JD	D	-0.27%
RBLX	C	-0.27%
AFRM	A	-0.27%
FICO	B	-0.27%
CPAY	A	-0.27%
LULU	C	-0.26%
PODD	C	-0.26%
XPEV	C	-0.26%
ILMN	C	-0.26%
DXCM	C	-0.26%
DLR	B	-0.25%
TXT	D	-0.25%
NTRS	A	-0.25%
EQIX	A	-0.25%
LMT	D	-0.25%
TOST	B	-0.24%
GPN	B	-0.24%
SNOW	B	-0.24%
MSCI	C	-0.23%
DUOL	A	-0.23%
AMBA	B	-0.23%
LH	B	-0.23%
STT	B	-0.23%
EVR	B	-0.22%
A	D	-0.22%
HPE	B	-0.22%
LHX	C	-0.22%
MASI	B	-0.22%
EBAY	D	-0.21%
HMC	F	-0.21%
ZS	B	-0.21%
KEYS	A	-0.21%
HOOD	B	-0.21%
AGR	A	-0.21%
MOG.A	B	-0.21%
LI	F	-0.2%
CVNA	B	-0.2%
AVAV	C	-0.2%
GME	C	-0.2%
MORN	B	-0.19%
AUR	C	-0.19%
CG	B	-0.19%
BAH	F	-0.19%
APTV	F	-0.19%
SIRI	C	-0.19%
NTRA	A	-0.19%
QTWO	A	-0.19%
VRSK	A	-0.19%
CRBG	B	-0.19%
ARES	A	-0.19%
TPG	A	-0.18%
PTON	A	-0.18%
NXPI	D	-0.18%
TKO	A	-0.18%
MARA	B	-0.17%
JKHY	D	-0.17%
PRCT	B	-0.17%
BAX	F	-0.17%
TTWO	A	-0.17%
RVMD	C	-0.17%
PATH	C	-0.17%
XMTR	B	-0.17%
LVS	B	-0.17%
EXAS	D	-0.17%
NIO	F	-0.17%
HUBS	A	-0.17%
VCYT	B	-0.17%
TW	A	-0.17%
WBD	B	-0.17%
ATAT	C	-0.16%
TME	D	-0.16%
GLW	B	-0.16%
RIOT	C	-0.16%
S	B	-0.16%
COHR	B	-0.16%
FOUR	A	-0.16%
CZR	F	-0.16%
TECH	F	-0.16%
CYBR	A	-0.16%
SNAP	D	-0.16%
ACIW	B	-0.16%
QGEN	D	-0.15%
NOVT	D	-0.15%
BILI	D	-0.15%
CACI	D	-0.15%
SSNC	B	-0.15%
LYFT	C	-0.15%
WULF	C	-0.15%
RBA	A	-0.15%
LDOS	C	-0.15%
LRN	A	-0.14%
HLNE	B	-0.14%
ZBH	C	-0.14%
CGNX	D	-0.14%
EEFT	B	-0.14%
JNPR	D	-0.14%
CHWY	B	-0.14%
TYL	B	-0.14%
OII	B	-0.14%
FFIV	B	-0.14%
CRSP	D	-0.14%
VRNA	B	-0.14%
KTOS	B	-0.14%
DOCU	B	-0.14%
NOK	D	-0.14%
RIVN	F	-0.14%
GMED	A	-0.14%
NET	B	-0.14%
SMTC	B	-0.13%
GHC	B	-0.13%
IVZ	B	-0.13%
DLO	C	-0.13%
AKAM	D	-0.13%
PAYO	A	-0.13%
OKTA	C	-0.13%
ALTR	B	-0.13%
BGC	C	-0.13%
IDCC	B	-0.13%
FSLR	F	-0.13%
GH	B	-0.13%
PLTK	B	-0.12%
OTEX	F	-0.12%
NICE	D	-0.12%
GLOB	B	-0.12%
PTC	B	-0.12%
RVTY	F	-0.12%
BWA	D	-0.12%
MTCH	D	-0.11%
LCID	F	-0.11%
CIEN	C	-0.11%
UMC	F	-0.11%
SNX	D	-0.11%
WT	A	-0.11%
AMSC	B	-0.11%
SOUN	B	-0.11%
MRNA	F	-0.11%
SRPT	F	-0.11%
ALKT	B	-0.11%
ZD	B	-0.1%
ASO	F	-0.1%
VYX	B	-0.1%
IDYA	F	-0.1%
YY	B	-0.1%
PJT	A	-0.1%
MGM	D	-0.1%
CLSK	C	-0.1%
NRIX	C	-0.1%
EDR	A	-0.1%
AI	B	-0.1%
TAL	F	-0.1%
CSTL	D	-0.1%
ADPT	C	-0.1%
NCNO	C	-0.1%
EXLS	B	-0.1%
MD	C	-0.09%
SSYS	B	-0.09%
COLM	C	-0.09%
TENB	C	-0.09%
OSIS	A	-0.09%
UFPT	C	-0.09%
PRLB	B	-0.09%
ENPH	F	-0.09%
STNE	F	-0.09%
MNKD	C	-0.09%
IRTC	C	-0.09%
SLAB	F	-0.09%
ETSY	D	-0.09%
EXTR	C	-0.09%
MBAVU	C	-0.09%
PSN	D	-0.09%
MSGS	A	-0.09%
CSGS	B	-0.08%
AXNX	A	-0.08%
SWKS	F	-0.08%
NTLA	F	-0.08%
BDC	C	-0.08%
TNDM	D	-0.08%
SNEX	B	-0.08%
AY	A	-0.08%
KRYS	C	-0.08%
TDOC	C	-0.08%
EVRI	A	-0.08%
BEAM	D	-0.08%
AHCO	F	-0.08%
DGII	C	-0.08%
IREN	C	-0.08%
CIFR	C	-0.08%
VIRT	A	-0.08%
WB	D	-0.08%
RNW	D	-0.08%
IQ	F	-0.07%
IMCR	D	-0.07%
BMBL	C	-0.07%
IDT	B	-0.07%
PENN	C	-0.07%
FL	F	-0.07%
ASGN	F	-0.07%
MSGE	F	-0.07%
ZETA	D	-0.07%
NTCT	C	-0.07%
RPD	B	-0.07%
MYGN	F	-0.07%
ALRM	C	-0.07%
TXG	F	-0.07%
RNG	C	-0.07%
MOMO	D	-0.07%
IRDM	D	-0.06%
SPT	C	-0.06%
CSIQ	F	-0.06%
MXL	C	-0.06%
FLGT	F	-0.06%
SABR	C	-0.06%
PAGS	F	-0.06%
UDMY	D	-0.06%
SYNA	C	-0.06%
RPAY	D	-0.06%
OUST	C	-0.06%
CEPU	B	-0.06%
HEPS	C	-0.06%
W	D	-0.06%
MQ	D	-0.06%
INDI	C	-0.06%
INFN	D	-0.06%
QRVO	F	-0.05%
ALLO	F	-0.05%
LQDT	B	-0.05%
ERAS	C	-0.05%
IMNM	F	-0.05%
SHLS	F	-0.05%
OSPN	A	-0.05%
RUN	F	-0.05%
RGNX	D	-0.04%
DOYU	C	-0.04%
CHPT	F	-0.04%
TYRA	F	-0.04%
VERV	F	-0.04%
IMTX	F	-0.04%
MRVI	F	-0.04%
RCKT	F	-0.04%
COUR	F	-0.04%
SMCI	F	-0.04%
RBBN	C	-0.04%
ORIC	F	-0.04%
LXRX	F	-0.03%
SANA	F	-0.03%
JMIA	F	-0.02%
GCBC	C	-0.02%
SCLX	F	-0.0%