FFLC vs. QUS ETF Comparison

Comparison of Fidelity Fundamental Large Cap Core ETF (FFLC) to SPDR MSCI USA Quality Mix ETF (QUS)
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

$47.24

Average Daily Volume

103,927

Number of Holdings *

87

* may have additional holdings in another (foreign) market
QUS

SPDR MSCI USA Quality Mix ETF

QUS Description The investment seeks to track the performance of the MSCI USA Quality Mix A-Series Index. The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$161.92

Average Daily Volume

15,365

Number of Holdings *

583

* may have additional holdings in another (foreign) market
Performance
Period FFLC QUS
30 Days 2.14% 2.25%
60 Days 3.92% 3.15%
90 Days 6.30% 4.45%
12 Months 37.29% 29.35%
75 Overlapping Holdings
Symbol Grade Weight in FFLC Weight in QUS Overlap
AAPL C 4.26% 3.24% 3.24%
ABBV D 0.61% 0.49% 0.49%
ABNB C 0.33% 0.02% 0.02%
AJG B 0.41% 0.46% 0.41%
AMT D 0.43% 0.04% 0.04%
AMZN C 2.89% 0.69% 0.69%
APH A 0.85% 0.71% 0.71%
APO B 0.61% 0.03% 0.03%
AVGO D 1.98% 0.58% 0.58%
BA F 0.72% 0.02% 0.02%
BAC A 2.18% 0.69% 0.69%
BMY B 0.92% 0.34% 0.34%
BSX B 1.35% 0.04% 0.04%
CB C 0.73% 0.65% 0.65%
CCI D 0.61% 0.03% 0.03%
CEG D 1.06% 0.03% 0.03%
CI F 1.23% 0.24% 0.24%
CMCSA B 1.69% 0.42% 0.42%
COR B 0.37% 0.35% 0.35%
COST B 0.63% 1.31% 0.63%
CSCO B 1.1% 1.34% 1.1%
DKS C 0.19% 0.01% 0.01%
EIX B 1.31% 0.04% 0.04%
ELV F 0.63% 0.29% 0.29%
ETN A 1.02% 0.05% 0.05%
FDX B 0.58% 0.12% 0.12%
FI A 1.34% 0.31% 0.31%
GD F 0.38% 0.07% 0.07%
GE D 1.61% 0.11% 0.11%
GEN B 0.37% 0.13% 0.13%
GEV B 0.87% 0.05% 0.05%
GILD C 0.27% 0.43% 0.27%
GOOGL C 3.2% 1.2% 1.2%
HII D 0.29% 0.01% 0.01%
HLT A 0.52% 0.01% 0.01%
INTU C 1.0% 0.04% 0.04%
IP B 0.18% 0.04% 0.04%
KDP D 1.0% 0.23% 0.23%
KNX B 0.59% 0.04% 0.04%
KO D 0.94% 0.81% 0.81%
KVUE A 1.04% 0.04% 0.04%
LEN D 0.36% 0.06% 0.06%
LIN D 0.2% 0.15% 0.15%
LLY F 1.85% 1.92% 1.85%
LNG B 0.03% 0.05% 0.03%
LOW D 1.06% 0.13% 0.13%
MA C 0.85% 1.69% 0.85%
MAR B 0.42% 0.02% 0.02%
MELI D 0.2% 0.07% 0.07%
META D 4.7% 2.32% 2.32%
MLM B 0.49% 0.02% 0.02%
MRVL B 0.02% 0.02% 0.02%
MSFT F 6.98% 2.7% 2.7%
NOC D 0.25% 0.55% 0.25%
NVDA C 5.71% 2.76% 2.76%
ORCL B 0.97% 0.53% 0.53%
PNC B 1.01% 0.17% 0.17%
REGN F 0.75% 0.25% 0.25%
RPRX D 0.76% 0.01% 0.01%
SO D 1.72% 0.54% 0.54%
SPG B 0.18% 0.03% 0.03%
TMO F 1.18% 0.1% 0.1%
TMUS B 0.2% 0.78% 0.2%
TRV B 0.87% 0.47% 0.47%
UBER D 0.61% 0.18% 0.18%
UNH C 1.72% 2.21% 1.72%
UPS C 0.78% 0.11% 0.11%
URI B 0.92% 0.04% 0.04%
USB A 0.94% 0.16% 0.16%
V A 1.31% 1.91% 1.31%
VRT B 0.66% 0.01% 0.01%
WFC A 1.82% 0.5% 0.5%
WSM B 0.4% 0.06% 0.06%
WSO A 0.56% 0.06% 0.06%
XOM B 2.88% 0.81% 0.81%
FFLC Overweight 12 Positions Relative to QUS
Symbol Grade Weight
SAP B 1.15%
TSM B 0.97%
MOD A 0.84%
ALSN B 0.83%
HRB D 0.64%
NVO D 0.53%
DOX D 0.53%
DEO F 0.43%
GSK F 0.3%
SPR D 0.19%
ASML F 0.18%
KBR F 0.17%
FFLC Underweight 508 Positions Relative to QUS
Symbol Grade Weight
JNJ D -1.64%
ACN C -1.18%
GOOG C -1.12%
BRK.A B -1.1%
TXN C -1.06%
JPM A -1.06%
PEP F -1.01%
WMT A -0.94%
VZ C -0.81%
LMT D -0.72%
ADBE C -0.71%
MMC B -0.69%
T A -0.69%
IBM C -0.67%
PGR A -0.65%
CAT B -0.63%
MSI B -0.63%
MCK B -0.61%
DUK C -0.6%
PG A -0.59%
VRTX F -0.57%
TJX A -0.56%
QCOM F -0.55%
CVX A -0.55%
ADP B -0.54%
RSG A -0.54%
HON B -0.53%
WCN A -0.53%
WM A -0.52%
MCD D -0.5%
AMAT F -0.48%
MRK F -0.46%
ROP B -0.46%
BLK C -0.46%
C A -0.45%
ED D -0.42%
ANET C -0.39%
CTSH B -0.39%
ACGL D -0.38%
AZO C -0.36%
HD A -0.35%
GDDY A -0.34%
FCNCA A -0.34%
PFE D -0.33%
PANW C -0.32%
GM B -0.32%
MPC D -0.32%
EA A -0.31%
KR B -0.31%
TSN B -0.3%
GS A -0.3%
LRCX F -0.3%
CDNS B -0.29%
WEC A -0.29%
K A -0.29%
CBOE B -0.29%
CVS D -0.29%
KLAC D -0.29%
SNPS B -0.28%
TSLA B -0.28%
MMM D -0.28%
NKE D -0.28%
NOW A -0.27%
AMGN D -0.27%
ITW B -0.27%
SHW A -0.26%
ORLY B -0.26%
KEYS A -0.26%
TT A -0.26%
ZTS D -0.25%
GIS D -0.25%
BDX F -0.24%
CME A -0.23%
FFIV B -0.23%
CTAS B -0.23%
AFL B -0.22%
MDLZ F -0.22%
CMG B -0.22%
FANG D -0.22%
VRSN F -0.22%
MS A -0.21%
MCO B -0.21%
AON A -0.21%
TDY B -0.21%
HUM C -0.2%
GWW B -0.2%
BAH F -0.2%
FICO B -0.2%
INCY C -0.2%
GRMN B -0.2%
XEL A -0.2%
YUM B -0.19%
DHI D -0.19%
AEP D -0.19%
CDW F -0.19%
EG C -0.18%
INTC D -0.18%
KHC F -0.18%
PTC A -0.18%
HSY F -0.18%
RTX C -0.18%
NEM D -0.18%
CL D -0.17%
JNPR F -0.17%
ERIE D -0.17%
COF B -0.17%
COP C -0.17%
ROL B -0.17%
CMI A -0.17%
DIS B -0.17%
ABT B -0.16%
TFC A -0.16%
ADSK A -0.16%
WTW B -0.16%
NTAP C -0.16%
F C -0.16%
CTVA C -0.16%
PAYX C -0.16%
VLO C -0.15%
MKL A -0.15%
WMB A -0.15%
MDT D -0.15%
VRSK A -0.15%
AFG A -0.15%
WDAY B -0.15%
FAST B -0.15%
EOG A -0.15%
D C -0.14%
NFLX A -0.14%
ADI D -0.14%
GLW B -0.14%
CPRT A -0.14%
ICE C -0.14%
PSA D -0.14%
CHD B -0.14%
AKAM D -0.14%
PSX C -0.14%
MOH F -0.13%
IT C -0.13%
ODFL B -0.13%
MNST C -0.12%
CRM B -0.12%
CPB D -0.12%
AIG B -0.12%
CAH B -0.12%
LULU C -0.12%
WRB A -0.12%
IDXX F -0.12%
EW C -0.12%
L A -0.12%
AIZ A -0.12%
AXP A -0.11%
NVR D -0.11%
PHM D -0.11%
A D -0.11%
NBIX C -0.11%
AEE A -0.11%
PM B -0.11%
WBD C -0.11%
DTE C -0.1%
NEE D -0.1%
MCHP D -0.1%
KMB D -0.1%
OXY D -0.1%
UTHR C -0.1%
TGT F -0.1%
ROK B -0.1%
DE A -0.1%
DHR F -0.09%
PKG A -0.09%
TPL A -0.09%
CMS C -0.09%
DECK A -0.09%
MET A -0.09%
TSCO D -0.09%
CHTR C -0.09%
HIG B -0.09%
BK A -0.09%
TROW B -0.09%
RMD C -0.09%
BBY D -0.09%
EME C -0.08%
HRL D -0.08%
PYPL B -0.08%
PLD D -0.08%
BLDR D -0.08%
ULTA F -0.08%
BMRN D -0.08%
UNP C -0.08%
ADM D -0.08%
VLTO D -0.08%
MTB A -0.08%
HUBS A -0.08%
VEEV C -0.08%
CNC D -0.08%
PRU A -0.08%
MO A -0.07%
STX D -0.07%
HUBB B -0.07%
MANH D -0.07%
SPGI C -0.07%
DPZ C -0.07%
WAT B -0.07%
KMI A -0.07%
CFG B -0.07%
MU D -0.07%
OMC C -0.07%
TW A -0.07%
SCHW B -0.07%
HPQ B -0.07%
HOLX D -0.07%
NUE C -0.07%
DFS B -0.07%
ALNY D -0.07%
MPWR F -0.07%
LPLA A -0.07%
PCAR B -0.06%
SOLV C -0.06%
HBAN A -0.06%
EXC C -0.06%
STT A -0.06%
PCG A -0.06%
DGX A -0.06%
RF A -0.06%
DOW F -0.06%
DELL C -0.06%
HCA F -0.06%
FITB A -0.06%
SBUX A -0.06%
AMD F -0.06%
WBA F -0.06%
SYF B -0.06%
SRE A -0.06%
EXPD D -0.06%
HPE B -0.06%
ALL A -0.06%
SNA A -0.06%
CRWD B -0.06%
WST C -0.06%
APD A -0.05%
SYY B -0.05%
APA D -0.05%
BG F -0.05%
BX A -0.05%
ETR B -0.05%
SWKS F -0.05%
GGG B -0.05%
IEX B -0.05%
CBRE B -0.05%
LNT A -0.05%
JBHT C -0.05%
FDS B -0.05%
NSC B -0.05%
JCI C -0.05%
EMR A -0.05%
VTRS A -0.05%
SLB C -0.05%
CSX B -0.05%
SYK C -0.05%
OKE A -0.05%
ISRG A -0.04%
WELL A -0.04%
CARR D -0.04%
MRO B -0.04%
VICI C -0.04%
DLR B -0.04%
JKHY D -0.04%
ALLE D -0.04%
BKNG A -0.04%
PEG A -0.04%
PH A -0.04%
OTIS C -0.04%
GPN B -0.04%
AMP A -0.04%
DD D -0.04%
ATO A -0.04%
STLD B -0.04%
O D -0.04%
FCX D -0.04%
BKR B -0.04%
EPAM C -0.04%
KKR A -0.04%
LHX C -0.04%
KEY B -0.04%
DVN F -0.04%
POOL C -0.04%
TER D -0.04%
LYB F -0.04%
CNH C -0.03%
ES D -0.03%
SMCI F -0.03%
PPL B -0.03%
ALLY C -0.03%
RS B -0.03%
TTC D -0.03%
HAL C -0.03%
SW A -0.03%
NXPI D -0.03%
NRG B -0.03%
AOS F -0.03%
EQT B -0.03%
PARA C -0.03%
ACI C -0.03%
KMX B -0.03%
TRGP B -0.03%
BR A -0.03%
GEHC F -0.03%
FSLR F -0.03%
WY D -0.03%
SQ B -0.03%
ROST C -0.03%
JBL B -0.03%
MKTX D -0.03%
CF B -0.03%
SEIC B -0.03%
OVV B -0.03%
LW C -0.03%
LH C -0.03%
MOS F -0.03%
NTRS A -0.03%
CTRA B -0.03%
FIS C -0.03%
PFG D -0.03%
RJF A -0.03%
CINF A -0.03%
PAYC B -0.03%
DRI B -0.02%
APP B -0.02%
SSNC B -0.02%
CPAY A -0.02%
CCK C -0.02%
BALL D -0.02%
SJM D -0.02%
STZ D -0.02%
LKQ D -0.02%
LDOS C -0.02%
VMC B -0.02%
AWK D -0.02%
AMCR D -0.02%
DLTR F -0.02%
EMN D -0.02%
WDC D -0.02%
NDAQ A -0.02%
DOV A -0.02%
EXPE B -0.02%
VTR C -0.02%
IR B -0.02%
GPC D -0.02%
FTV C -0.02%
ARE D -0.02%
ALB C -0.02%
UHS D -0.02%
NI A -0.02%
EQH B -0.02%
IFF D -0.02%
J F -0.02%
KIM A -0.02%
EQR B -0.02%
TXT D -0.02%
APTV D -0.02%
EBAY D -0.02%
CAG D -0.02%
AVB B -0.02%
OC A -0.02%
IQV D -0.02%
FNF B -0.02%
CRBG B -0.02%
CNP B -0.02%
DG F -0.02%
EVRG A -0.02%
VST B -0.02%
WAB B -0.02%
SWK D -0.02%
CHRW C -0.02%
HES B -0.02%
PWR A -0.02%
ON D -0.02%
BIIB F -0.02%
ZBH C -0.02%
BAX D -0.02%
FOXA B -0.02%
EQIX A -0.02%
EXR D -0.02%
DINO D -0.02%
AME A -0.02%
TAP C -0.02%
FE C -0.02%
ENPH F -0.02%
PPG F -0.02%
ECL D -0.02%
TTD B -0.01%
HOOD B -0.01%
ENTG D -0.01%
RIVN F -0.01%
MTCH D -0.01%
TYL B -0.01%
MTD D -0.01%
BIO D -0.01%
LUV C -0.01%
BBWI D -0.01%
NDSN B -0.01%
Z A -0.01%
LII A -0.01%
ALGN D -0.01%
QRVO F -0.01%
LVS C -0.01%
LYV A -0.01%
TFX F -0.01%
SBAC D -0.01%
PLTR B -0.01%
ILMN D -0.01%
ARES A -0.01%
UDR B -0.01%
UHAL D -0.01%
CSGP D -0.01%
AMH D -0.01%
WLK D -0.01%
CRL C -0.01%
CTLT B -0.01%
ANSS B -0.01%
MGM D -0.01%
TDG D -0.01%
MSCI C -0.01%
DASH A -0.01%
CPT B -0.01%
DVA B -0.01%
GLPI C -0.01%
AVY D -0.01%
EL F -0.01%
WTRG B -0.01%
FBIN D -0.01%
HST C -0.01%
TRU D -0.01%
CSL C -0.01%
AVTR F -0.01%
FOX A -0.01%
ESS B -0.01%
IRM D -0.01%
MAS D -0.01%
PNR A -0.01%
REG B -0.01%
RPM A -0.01%
NWSA B -0.01%
RCL A -0.01%
SUI D -0.01%
CE F -0.01%
CLX B -0.01%
WPC D -0.01%
MKC D -0.01%
BEN C -0.01%
FTNT C -0.01%
STE F -0.01%
ZBRA B -0.01%
MRNA F -0.01%
TWLO A -0.01%
AES F -0.01%
HSIC B -0.01%
INVH D -0.01%
TRMB B -0.01%
BURL A -0.01%
MAA B -0.01%
TTWO A -0.01%
ACM A -0.01%
DOC D -0.01%
COIN C -0.01%
DAL C -0.01%
XYL D -0.01%
CCL B -0.01%
EFX F -0.01%
HWM A -0.01%
CHRD D -0.01%
BRO B -0.01%
IPG D -0.01%
CG A -0.01%
BXP D -0.01%
ZM B -0.01%
RVTY F -0.01%
CELH F -0.0%
IOT A -0.0%
ZS C -0.0%
TEAM A -0.0%
NET B -0.0%
RBLX C -0.0%
MDB C -0.0%
TOST B -0.0%
DKNG B -0.0%
BSY D -0.0%
PSTG D -0.0%
DDOG A -0.0%
SNAP C -0.0%
H B -0.0%
DT C -0.0%
WYNN D -0.0%
PODD C -0.0%
DOCU A -0.0%
EXAS D -0.0%
HEI B -0.0%
DAY B -0.0%
ROKU D -0.0%
SNOW C -0.0%
PINS D -0.0%
DXCM D -0.0%
MSTR C -0.0%
ELS C -0.0%
HEI B -0.0%
TECH D -0.0%
OKTA C -0.0%
AXON A -0.0%
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