FFLC vs. VFH ETF Comparison

Comparison of Fidelity Fundamental Large Cap Core ETF (FFLC) to Vanguard Financials ETF - DNQ (VFH)

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

$44.69

Average Daily Volume

94,548

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

VFH

Vanguard Financials ETF - DNQ

VFH Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Financials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the financials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$109.77

Average Daily Volume

303,547

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

Performance

Period	FFLC	VFH
30 Days	0.31%	2.68%
60 Days	2.90%	5.00%
90 Days	2.39%	9.71%
12 Months	33.89%	32.86%

14 Overlapping Holdings

Symbol	Grade	Weight in FFLC	Weight in VFH	Overlap
ACGL	B	0.24%	0.59%	0.24%
ARES	B	0.41%	0.38%	0.38%
BAC	D	0.9%	3.97%	0.9%
CB	B	0.97%	1.52%	0.97%
FAF	B	0.18%	0.09%	0.09%
FOUR	C	0.39%	0.06%	0.06%
GS	D	0.33%	2.28%	0.33%
HLI	B	0.32%	0.11%	0.11%
JPM	D	0.98%	8.94%	0.98%
MMC	C	0.53%	1.55%	0.53%
MS	D	0.6%	1.75%	0.6%
OWL	C	0.16%	0.11%	0.11%
V	B	1.63%	4.12%	1.63%
WFC	D	1.08%	2.82%	1.08%

FFLC Overweight 119 Positions Relative to VFH

Symbol	Grade	Weight
MSFT	C	7.7%
AAPL	D	4.51%
NVDA	D	3.39%
AMZN	C	3.26%
META	A	2.57%
GOOGL	D	2.4%
LLY	C	1.93%
UNH	C	1.72%
XOM	D	1.49%
ADBE	D	1.41%
BA	F	1.31%
AMD	F	1.27%
BSX	B	1.23%
TJX	C	1.2%
CMCSA	D	1.16%
NFLX	B	1.06%
ETN	C	1.05%
UBER	C	1.04%
TMO	C	1.03%
PH	B	1.02%
CRM	D	0.98%
INTU	D	0.92%
NKE	D	0.92%
PWR	B	0.92%
GE	B	0.9%
KVUE	B	0.88%
DHR	B	0.82%
SO	B	0.82%
LIN	B	0.81%
ORCL	B	0.79%
REGN	C	0.76%
FCX	D	0.75%
CAT	C	0.75%
KO	B	0.73%
IR	C	0.73%
APTV	D	0.71%
BKR	D	0.7%
SHOP	C	0.69%
ON	D	0.69%
LMT	C	0.68%
NXPI	D	0.68%
SYK	C	0.67%
HWM	B	0.67%
JBL	D	0.67%
GNRC	D	0.66%
CEG	C	0.66%
VST	C	0.65%
KDP	A	0.63%
BKNG	B	0.61%
NOC	B	0.6%
SLB	F	0.6%
BJ	D	0.58%
TSM	D	0.58%
DIS	D	0.57%
PFGC	B	0.57%
ADI	D	0.55%
CI	C	0.52%
FLEX	C	0.52%
LNG	D	0.51%
CNC	C	0.51%
RL	B	0.51%
ABNB	D	0.5%
WMT	B	0.49%
CE	D	0.49%
HLT	B	0.49%
MLM	D	0.48%
CLX	C	0.47%
AZN	D	0.47%
VRT	C	0.46%
NVR	B	0.45%
BWXT	D	0.45%
SNPS	D	0.44%
CSCO	B	0.44%
WDAY	D	0.44%
DT	C	0.43%
KBR	D	0.42%
ESI	D	0.42%
CMG	C	0.42%
FCN	C	0.41%
SPOT	B	0.4%
ITT	C	0.39%
LEN	B	0.39%
CBRE	A	0.39%
BLDR	C	0.39%
AVY	D	0.38%
EDR	A	0.37%
URI	B	0.37%
WSC	D	0.32%
TRNO	C	0.32%
HES	D	0.32%
FTI	D	0.29%
GILD	B	0.29%
HOLX	B	0.28%
EL	F	0.27%
MDB	D	0.27%
CHDN	C	0.27%
SAM	F	0.27%
MRK	D	0.26%
GLPI	B	0.26%
TT	B	0.26%
ASML	D	0.25%
NVO	D	0.25%
FSLR	C	0.25%
AR	D	0.24%
FND	C	0.24%
TER	D	0.22%
WST	D	0.22%
DKS	D	0.21%
STZ	C	0.2%
WNS	F	0.19%
ESS	B	0.18%
OI	D	0.17%
NFE	F	0.16%
MU	F	0.14%
MASI	D	0.12%
AGL	F	0.12%
LEGN	F	0.12%
LFST	C	0.06%
MRVL	C	0.04%

FFLC Underweight 359 Positions Relative to VFH

Symbol	Grade	Weight
BRK.A	C	-8.72%
MA	B	-5.55%
SPGI	B	-2.27%
AXP	B	-2.06%
PGR	A	-2.04%
BLK	A	-1.85%
C	D	-1.65%
BX	B	-1.41%
SCHW	D	-1.36%
ICE	B	-1.28%
MCO	A	-1.11%
KKR	B	-1.06%
PNC	B	-1.02%
USB	B	-1.02%
PYPL	B	-1.0%
AON	B	-0.93%
AJG	C	-0.88%
TFC	D	-0.82%
AFL	B	-0.82%
COF	C	-0.78%
TRV	B	-0.72%
AIG	D	-0.71%
BK	A	-0.7%
ALL	A	-0.69%
MET	A	-0.65%
MSCI	C	-0.64%
APO	C	-0.64%
FIS	B	-0.63%
AMP	B	-0.62%
PRU	C	-0.6%
SQ	D	-0.51%
HIG	A	-0.48%
DFS	C	-0.48%
COIN	F	-0.48%
NDAQ	B	-0.43%
WTW	B	-0.41%
MTB	B	-0.4%
FITB	B	-0.4%
GPN	D	-0.39%
STT	A	-0.36%
BRO	C	-0.35%
RJF	C	-0.33%
TROW	D	-0.33%
CINF	B	-0.3%
RF	B	-0.3%
CBOE	C	-0.3%
HBAN	B	-0.3%
FCNCA	D	-0.29%
MKL	C	-0.29%
CPAY	B	-0.29%
SYF	C	-0.28%
CFG	D	-0.27%
NTRS	B	-0.26%
PFG	B	-0.26%
WRB	C	-0.25%
EG	B	-0.24%
LPLA	D	-0.23%
FDS	C	-0.22%
KEY	B	-0.22%
FNF	A	-0.21%
L	B	-0.21%
RGA	B	-0.2%
RNR	B	-0.19%
TW	A	-0.19%
EQH	C	-0.19%
ERIE	A	-0.18%
IBKR	B	-0.18%
JKHY	B	-0.17%
EWBC	C	-0.16%
ALLY	F	-0.16%
UNM	B	-0.15%
HOOD	C	-0.15%
KNSL	C	-0.15%
JEF	B	-0.14%
AIZ	B	-0.14%
AFRM	C	-0.14%
SF	A	-0.13%
PRI	B	-0.13%
FHN	D	-0.13%
MKTX	C	-0.13%
ORI	A	-0.13%
CG	C	-0.13%
AFG	B	-0.13%
GL	C	-0.13%
WAL	B	-0.12%
MORN	C	-0.12%
EVR	B	-0.12%
TOST	B	-0.12%
PNFP	B	-0.11%
CBSH	C	-0.11%
SOFI	C	-0.11%
WEX	C	-0.11%
CRBG	D	-0.11%
WBS	C	-0.11%
JXN	B	-0.1%
CFR	C	-0.1%
PB	B	-0.1%
VOYA	A	-0.1%
WTFC	B	-0.1%
ZION	D	-0.1%
SSB	B	-0.1%
BPOP	C	-0.1%
AGNC	A	-0.1%
SEIC	B	-0.1%
CMA	B	-0.1%
STWD	A	-0.09%
RLI	B	-0.09%
ONB	C	-0.09%
AXS	B	-0.09%
RYAN	C	-0.09%
SNV	C	-0.09%
MTG	B	-0.09%
ESNT	B	-0.09%
LNC	D	-0.08%
RDN	B	-0.08%
SIGI	C	-0.08%
AMG	C	-0.08%
IVZ	C	-0.08%
BEN	F	-0.08%
HLNE	B	-0.08%
CADE	B	-0.08%
OMF	C	-0.08%
COOP	B	-0.08%
MC	B	-0.07%
WTM	F	-0.07%
UMBF	B	-0.07%
PIPR	B	-0.07%
JHG	B	-0.07%
UBSI	B	-0.07%
THG	A	-0.07%
COLB	B	-0.07%
HOMB	B	-0.07%
GBCI	B	-0.07%
FNB	D	-0.07%
KMPR	D	-0.06%
ABCB	B	-0.06%
AGO	C	-0.06%
WU	D	-0.06%
SFBS	B	-0.06%
SLM	C	-0.06%
FFIN	B	-0.06%
OZK	D	-0.06%
HWC	D	-0.06%
EEFT	D	-0.06%
PFSI	B	-0.06%
EBC	B	-0.05%
WSFS	C	-0.05%
ASB	D	-0.05%
FULT	C	-0.05%
IBOC	C	-0.05%
AUB	C	-0.05%
FBP	C	-0.05%
BGC	B	-0.05%
WD	B	-0.05%
UCBI	B	-0.05%
HASI	B	-0.05%
AX	D	-0.05%
TPG	B	-0.05%
VLY	C	-0.05%
CNO	B	-0.05%
ESGR	D	-0.05%
VIRT	B	-0.04%
ABR	B	-0.04%
CVBF	C	-0.04%
TOWN	B	-0.04%
TBBK	B	-0.04%
BOH	C	-0.04%
SFNC	B	-0.04%
INDB	C	-0.04%
FHI	A	-0.04%
PJT	B	-0.04%
PRK	C	-0.04%
BKU	C	-0.04%
BHF	D	-0.04%
APAM	C	-0.04%
FIBK	B	-0.04%
OSCR	B	-0.04%
WAFD	B	-0.04%
CATY	B	-0.04%
BXMT	C	-0.04%
GNW	B	-0.04%
BOKF	B	-0.04%
CACC	D	-0.04%
TCBI	B	-0.04%
FHB	C	-0.04%
NMIH	B	-0.04%
UPST	C	-0.04%
STEP	B	-0.04%
CBU	C	-0.04%
MCY	C	-0.03%
AGM	D	-0.03%
DFIN	B	-0.03%
WSBC	D	-0.03%
TRMK	C	-0.03%
NATL	D	-0.03%
FLYW	F	-0.03%
EFSC	B	-0.03%
BANC	B	-0.03%
GSHD	B	-0.03%
STC	B	-0.03%
BANR	B	-0.03%
PRG	B	-0.03%
MQ	F	-0.03%
OFG	C	-0.03%
IBTX	B	-0.03%
RNST	D	-0.03%
EVTC	D	-0.03%
BANF	B	-0.03%
NBTB	D	-0.03%
VCTR	B	-0.03%
SBCF	C	-0.03%
FRME	C	-0.03%
PFS	B	-0.03%
ENVA	C	-0.03%
SNEX	C	-0.03%
HTLF	B	-0.03%
PPBI	D	-0.03%
PLMR	B	-0.03%
RKT	B	-0.03%
CNS	B	-0.03%
FFBC	C	-0.03%
EFC	B	-0.02%
CNNE	D	-0.02%
SRCE	C	-0.02%
ECPG	C	-0.02%
GABC	C	-0.02%
PMT	B	-0.02%
EIG	B	-0.02%
BHLB	C	-0.02%
NIC	C	-0.02%
QCRH	B	-0.02%
SAFT	C	-0.02%
VBTX	B	-0.02%
RC	D	-0.02%
SKWD	C	-0.02%
LC	C	-0.02%
WABC	D	-0.02%
SASR	B	-0.02%
NAVI	C	-0.02%
LADR	B	-0.02%
ARI	F	-0.02%
LOB	B	-0.02%
TCBK	C	-0.02%
HMN	C	-0.02%
VRTS	D	-0.02%
CODI	D	-0.02%
SPNT	C	-0.02%
TRUP	C	-0.02%
BUSE	C	-0.02%
HOPE	B	-0.02%
CUBI	F	-0.02%
HTH	C	-0.02%
FRHC	B	-0.02%
STBA	B	-0.02%
NBHC	C	-0.02%
NNI	B	-0.02%
NWBI	C	-0.02%
SYBT	B	-0.02%
FBNC	B	-0.02%
CASH	B	-0.02%
CHCO	B	-0.02%
LKFN	C	-0.02%
FCF	C	-0.02%
FBK	B	-0.02%
FFWM	D	-0.01%
FFIC	C	-0.01%
KRNY	C	-0.01%
PAY	C	-0.01%
HIFS	B	-0.01%
WRLD	D	-0.01%
CARE	B	-0.01%
SMBK	B	-0.01%
SPFI	B	-0.01%
DHIL	B	-0.01%
UFCS	D	-0.01%
MPB	B	-0.01%
PGC	C	-0.01%
PX	C	-0.01%
TIPT	B	-0.01%
MSBI	D	-0.01%
BHB	B	-0.01%
CCBG	B	-0.01%
NRDS	D	-0.01%
MCB	C	-0.01%
THFF	B	-0.01%
NFBK	C	-0.01%
CCNE	C	-0.01%
HONE	C	-0.01%
TRTX	C	-0.01%
GDOT	C	-0.01%
AROW	C	-0.01%
IIIV	D	-0.01%
AMBC	F	-0.01%
AMAL	B	-0.01%
WASH	B	-0.01%
CASS	D	-0.01%
EQBK	B	-0.01%
SMBC	C	-0.01%
GSBC	C	-0.01%
LPRO	D	-0.01%
CAC	C	-0.01%
FMNB	B	-0.01%
CCB	C	-0.01%
BFST	B	-0.01%
UVE	B	-0.01%
IMXI	D	-0.01%
HAFC	C	-0.01%
HTBK	C	-0.01%
EGBN	C	-0.01%
EZPW	D	-0.01%
AMTB	D	-0.01%
PRA	C	-0.01%
TRST	C	-0.01%
TREE	C	-0.01%
RPAY	D	-0.01%
HBNC	B	-0.01%
KREF	B	-0.01%
IBCP	B	-0.01%
MBWM	C	-0.01%
BSIG	B	-0.01%
BY	C	-0.01%
FCBC	B	-0.01%
CPF	B	-0.01%
OSBC	C	-0.01%
CFB	C	-0.01%
TMP	C	-0.01%
CTBI	B	-0.01%
CFFN	C	-0.01%
BRSP	D	-0.01%
HFWA	C	-0.01%
FMBH	B	-0.01%
UVSP	B	-0.01%
HCI	C	-0.01%
UWMC	C	-0.01%
PRAA	D	-0.01%
CMTG	F	-0.01%
PFC	C	-0.01%
DCOM	B	-0.01%
BRKL	C	-0.01%
BFC	B	-0.01%
CNOB	B	-0.01%
DX	A	-0.01%
MBIN	C	-0.01%
SBSI	B	-0.01%
AMSF	C	-0.01%
LMND	D	-0.01%
OBK	C	-0.01%
RWT	B	-0.01%
FBMS	B	-0.01%
PEBO	C	-0.01%
OCFC	B	-0.01%
PFBC	C	-0.01%
RILY	F	-0.0%
AC	D	-0.0%
DGICA	B	-0.0%
JRVR	F	-0.0%
HMST	C	-0.0%
BMRC	C	-0.0%
ACRE	C	-0.0%