FFLC vs. VUSB ETF Comparison

Comparison of Fidelity Fundamental Large Cap Core ETF (FFLC) to Vanguard Ultra-Short Bond ETF (VUSB)

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

$45.35

Average Daily Volume

95,481

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

VUSB

Vanguard Ultra-Short Bond ETF

VUSB Description

Vanguard Bond Index Funds - Vanguard Ultra-Short Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc. The fund invests in the fixed income markets. It primarily invests in high-quality securities that are rated A3 or better and medium-quality securities that are rated Baa1, Baa2, or Baa3 by Moody's Investors Service, Inc. The fund seeks to invest in securities with maturity of 0-2 years. The fund employs fundamental analysis with bottom-up and top-down security picking approach to create its portfolio. Vanguard Bond Index Funds - Vanguard Ultra-Short Bond ETF was formed on April 5, 2021 is domiciled in the United States.

Grade (RS Rating)

Last Trade

$49.92

Average Daily Volume

664,325

Number of Holdings ^*

201

* may have additional holdings in another (foreign) market

Performance

Period	FFLC	VUSB
30 Days	2.14%	0.77%
60 Days	3.75%	1.57%
90 Days	4.49%	2.19%
12 Months	40.09%	6.58%

33 Overlapping Holdings

Symbol	Grade	Weight in FFLC	Weight in VUSB	Overlap
AAPL	C	4.51%	0.12%	0.12%
AMZN	C	3.26%	0.06%	0.06%
AZN	D	0.47%	0.01%	0.01%
BA	F	1.31%	0.01%	0.01%
BAC	D	0.9%	0.01%	0.01%
CAT	B	0.75%	0.01%	0.01%
CB	B	0.97%	0.11%	0.11%
CI	C	0.52%	0.04%	0.04%
CMCSA	D	1.16%	0.6%	0.6%
DIS	D	0.57%	0.05%	0.05%
DT	C	0.43%	0.01%	0.01%
GE	A	0.9%	0.02%	0.02%
GILD	B	0.29%	0.36%	0.29%
GS	C	0.33%	0.01%	0.01%
JPM	D	0.98%	0.01%	0.01%
KDP	B	0.63%	0.01%	0.01%
LEN	C	0.39%	0.11%	0.11%
LIN	B	0.81%	0.01%	0.01%
LLY	C	1.93%	0.05%	0.05%
MLM	D	0.48%	0.23%	0.23%
MMC	C	0.53%	0.08%	0.08%
MRK	D	0.26%	0.02%	0.02%
MS	C	0.6%	0.08%	0.08%
MSFT	C	7.7%	0.03%	0.03%
NVDA	D	3.39%	0.71%	0.71%
ORCL	B	0.79%	0.03%	0.03%
RL	B	0.51%	0.99%	0.51%
SLB	F	0.6%	0.12%	0.12%
SO	A	0.82%	0.04%	0.04%
STZ	D	0.2%	0.23%	0.2%
UNH	C	1.72%	0.01%	0.01%
WFC	D	1.08%	0.01%	0.01%
XOM	D	1.49%	0.01%	0.01%

FFLC Overweight 100 Positions Relative to VUSB

Symbol	Grade	Weight
META	A	2.57%
GOOGL	D	2.4%
V	C	1.63%
ADBE	F	1.41%
AMD	D	1.27%
BSX	B	1.23%
TJX	C	1.2%
NFLX	B	1.06%
ETN	C	1.05%
UBER	C	1.04%
TMO	C	1.03%
PH	A	1.02%
CRM	D	0.98%
INTU	C	0.92%
NKE	D	0.92%
PWR	B	0.92%
KVUE	C	0.88%
DHR	C	0.82%
REGN	C	0.76%
FCX	D	0.75%
KO	B	0.73%
IR	C	0.73%
APTV	D	0.71%
BKR	C	0.7%
SHOP	C	0.69%
ON	F	0.69%
LMT	B	0.68%
NXPI	D	0.68%
SYK	C	0.67%
HWM	B	0.67%
JBL	D	0.67%
GNRC	D	0.66%
CEG	A	0.66%
VST	A	0.65%
BKNG	B	0.61%
NOC	A	0.6%
BJ	D	0.58%
TSM	C	0.58%
PFGC	B	0.57%
ADI	C	0.55%
FLEX	C	0.52%
LNG	C	0.51%
CNC	C	0.51%
ABNB	D	0.5%
WMT	B	0.49%
CE	F	0.49%
HLT	B	0.49%
CLX	C	0.47%
VRT	C	0.46%
NVR	B	0.45%
BWXT	C	0.45%
SNPS	D	0.44%
CSCO	B	0.44%
WDAY	D	0.44%
KBR	D	0.42%
ESI	D	0.42%
CMG	C	0.42%
ARES	A	0.41%
FCN	C	0.41%
SPOT	B	0.4%
ITT	B	0.39%
CBRE	A	0.39%
BLDR	C	0.39%
FOUR	C	0.39%
AVY	D	0.38%
EDR	A	0.37%
URI	B	0.37%
WSC	D	0.32%
HLI	A	0.32%
TRNO	C	0.32%
HES	D	0.32%
FTI	D	0.29%
HOLX	C	0.28%
EL	F	0.27%
MDB	D	0.27%
CHDN	D	0.27%
SAM	F	0.27%
GLPI	C	0.26%
TT	A	0.26%
ASML	F	0.25%
NVO	D	0.25%
FSLR	C	0.25%
AR	D	0.24%
ACGL	B	0.24%
FND	C	0.24%
TER	D	0.22%
WST	D	0.22%
DKS	D	0.21%
WNS	F	0.19%
ESS	C	0.18%
FAF	C	0.18%
OI	D	0.17%
NFE	F	0.16%
OWL	C	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 168 Positions Relative to VUSB

Symbol	Grade	Weight
BHF	D	-0.7%
COF	A	-0.61%
COP	D	-0.52%
GIS	B	-0.47%
SYY	D	-0.43%
EMN	B	-0.42%
SPG	A	-0.3%
NUE	F	-0.29%
HRL	D	-0.28%
ZBH	F	-0.28%
ALL	B	-0.27%
PSA	B	-0.25%
CNH	D	-0.24%
WM	D	-0.24%
EOG	D	-0.23%
MCK	F	-0.23%
AMP	B	-0.2%
PYPL	B	-0.2%
EBAY	B	-0.19%
HII	D	-0.19%
CHTR	D	-0.18%
MPC	D	-0.18%
GPN	D	-0.18%
MKC	C	-0.17%
RPRX	D	-0.17%
AIG	D	-0.17%
EQH	C	-0.17%
SWKS	F	-0.15%
ROK	F	-0.14%
OKE	B	-0.14%
UNP	C	-0.14%
PEP	D	-0.13%
ESGR	D	-0.13%
EQR	C	-0.13%
KIM	C	-0.13%
AMGN	B	-0.12%
BDN	C	-0.11%
PFG	B	-0.11%
PSX	D	-0.11%
HUM	F	-0.11%
SRE	B	-0.11%
SLG	B	-0.1%
SBUX	C	-0.1%
TDY	C	-0.1%
CM	A	-0.1%
BHP	D	-0.09%
CHD	C	-0.09%
LNC	D	-0.09%
PG	C	-0.09%
DB	B	-0.09%
NWG	C	-0.09%
CCEP	B	-0.08%
KR	C	-0.08%
IBM	A	-0.08%
CAG	C	-0.07%
MCO	A	-0.07%
IVZ	B	-0.07%
AON	B	-0.07%
MDLZ	C	-0.07%
AMTD	F	-0.06%
AEP	C	-0.06%
EPD	B	-0.06%
DTE	B	-0.06%
ILMN	C	-0.06%
PAA	C	-0.06%
TXN	C	-0.06%
ALLY	D	-0.06%
AL	D	-0.06%
R	B	-0.06%
MUFG	D	-0.06%
UBS	D	-0.06%
KEY	B	-0.05%
IFF	C	-0.05%
NDAQ	A	-0.05%
TD	A	-0.05%
KSA	C	-0.05%
ETR	A	-0.05%
ICE	C	-0.05%
ABBV	C	-0.05%
PRU	C	-0.05%
AXP	B	-0.05%
VTRS	D	-0.05%
ZTS	C	-0.04%
DELL	C	-0.04%
CSL	B	-0.04%
CME	C	-0.04%
CCI	C	-0.04%
SHW	B	-0.04%
OPI	F	-0.04%
OHI	C	-0.04%
ES	C	-0.04%
SEB	C	-0.04%
BKH	B	-0.03%
BK	A	-0.03%
BIIB	F	-0.03%
AEE	A	-0.03%
DD	B	-0.03%
FNF	B	-0.03%
KRC	B	-0.03%
KMB	D	-0.03%
TEL	D	-0.03%
SYF	C	-0.03%
ARCC	B	-0.03%
USB	B	-0.03%
UPS	F	-0.03%
INTC	F	-0.03%
DFS	B	-0.03%
PM	C	-0.03%
GM	B	-0.03%
BMY	C	-0.03%
CFG	C	-0.02%
KMPR	D	-0.02%
PNC	A	-0.02%
O	C	-0.02%
NSC	C	-0.02%
TAP	D	-0.02%
WRB	C	-0.02%
VOD	C	-0.02%
HOG	C	-0.02%
HON	D	-0.02%
KMI	A	-0.02%
DUK	B	-0.02%
BXP	B	-0.02%
BNS	A	-0.02%
BMO	C	-0.02%
LYB	F	-0.01%
FANG	D	-0.01%
CTAS	C	-0.01%
HD	A	-0.01%
GSK	D	-0.01%
FIS	B	-0.01%
MKL	C	-0.01%
LOW	A	-0.01%
JXN	B	-0.01%
HPE	D	-0.01%
SCHW	D	-0.01%
PCAR	D	-0.01%
TSN	D	-0.01%
BEN	F	-0.01%
AVGO	C	-0.01%
ATO	B	-0.01%
ARW	C	-0.01%
STT	B	-0.01%
MAR	C	-0.01%
T	C	-0.01%
CVS	F	-0.01%
VZ	B	-0.01%
WMB	B	-0.01%
CPB	B	-0.01%
EXC	B	-0.01%
DE	B	-0.01%
CVX	D	-0.01%
AZO	D	-0.01%
EIX	C	-0.01%
TFC	D	-0.01%
NEM	B	-0.01%
NEE	C	-0.01%
ET	B	-0.01%
AER	B	-0.01%
PL	F	-0.01%
CNP	D	-0.01%
MET	A	-0.01%
AVB	C	-0.01%
D	B	-0.01%
AMT	C	-0.01%
LUV	C	-0.01%
C	D	-0.01%
HSBC	B	-0.01%