FFLG vs. FTQI ETF Comparison

Comparison of Fidelity Fundamental Large Cap Growth ETF (FFLG) to First Trust Low Beta Income ETF (FTQI)

FFLG

Fidelity Fundamental Large Cap Growth ETF

FFLG Description

FFLG seeks to achieve long-term capital growth by investing in large-cap companies believed to have above-average growth potential. The adviser generally defines large-caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Growth is measured based on factors such as earnings or revenue. 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 fund invests in both US and non-US companies. 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 Growth Opportunities ETF under the ticker FGRO. The fund previously used a semitransparent ETF structure

Grade (RS Rating)

Last Trade

$25.02

Average Daily Volume

29,201

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTQI

First Trust Low Beta Income ETF

FTQI Description

The investment seeks to provide current income. The fund will pursue its objective by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of buying U.S. exchange-traded put options on the Standard & Poor's 500(c) Index (the "index") and writing (selling) U.S. exchange-traded covered call options on the index. The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will buy and write will be limited to U.S. exchange-traded securities and options. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.89

Average Daily Volume

144,980

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

Performance

Period	FFLG	FTQI
30 Days	1.42%	1.38%
60 Days	5.48%	3.43%
90 Days	6.14%	6.00%
12 Months	39.90%	18.49%

30 Overlapping Holdings

Symbol	Grade	Weight in FFLG	Weight in FTQI	Overlap
AAPL	C	12.07%	9.03%	9.03%
ALNY	D	0.71%	0.12%	0.12%
AMZN	B	7.12%	4.39%	4.39%
ARGX	B	0.27%	0.16%	0.16%
AVGO	C	0.3%	4.07%	0.3%
COIN	A	0.45%	0.24%	0.24%
CRM	B	0.75%	0.58%	0.58%
EXAS	D	0.3%	0.01%	0.01%
GE	D	0.9%	0.12%	0.12%
GEV	A	0.44%	0.05%	0.05%
GOOG	B	2.82%	1.87%	1.87%
GOOGL	B	2.48%	1.87%	1.87%
HOLX	D	0.12%	0.09%	0.09%
HOOD	A	0.26%	0.23%	0.23%
LEGN	F	0.07%	0.01%	0.01%
LLY	F	1.46%	0.9%	0.9%
LOW	C	1.57%	0.12%	0.12%
META	C	5.34%	4.15%	4.15%
MPWR	F	0.85%	0.2%	0.2%
MSFT	D	9.14%	8.03%	8.03%
NFLX	A	2.02%	2.4%	2.02%
NVDA	A	12.31%	5.22%	5.22%
PCVX	D	0.24%	0.16%	0.16%
PODD	B	0.42%	0.2%	0.2%
ROIV	D	0.1%	0.12%	0.1%
TMDX	F	0.21%	0.01%	0.01%
TMUS	B	0.88%	1.78%	0.88%
VMC	B	0.32%	0.13%	0.13%
WMT	A	0.49%	0.39%	0.39%
XOM	B	0.53%	0.15%	0.15%

FFLG Overweight 61 Positions Relative to FTQI

Symbol	Grade	Weight
UBER	F	2.21%
TSM	B	1.96%
MA	B	1.95%
BSX	A	1.72%
NXPI	F	1.37%
ASML	F	1.3%
CDNS	B	0.86%
LULU	C	0.8%
ON	F	0.76%
HUBS	B	0.76%
MU	D	0.73%
MRVL	B	0.7%
FLEX	B	0.69%
DHR	D	0.68%
MDB	C	0.63%
TJX	A	0.63%
UNH	C	0.62%
REGN	F	0.59%
BLD	F	0.58%
CVNA	A	0.57%
TMO	F	0.57%
BLDR	D	0.57%
SHOP	B	0.55%
KDP	D	0.55%
ICE	C	0.54%
ABNB	D	0.52%
MNST	C	0.52%
IR	B	0.51%
HWM	A	0.5%
CMG	C	0.49%
RH	D	0.48%
EME	A	0.46%
SNAP	D	0.44%
NTNX	B	0.42%
CSGP	F	0.39%
ROKU	D	0.38%
FIX	A	0.37%
BRKR	F	0.36%
FSLR	F	0.33%
DPZ	C	0.33%
HQY	A	0.33%
FLYW	B	0.32%
SQ	A	0.31%
NVO	F	0.28%
PM	A	0.24%
TEVA	D	0.24%
DKS	D	0.23%
ITCI	B	0.22%
ATI	C	0.19%
RRC	B	0.19%
AZN	F	0.18%
LYFT	C	0.18%
IONS	F	0.16%
NUVL	D	0.16%
RIVN	F	0.14%
MRNA	F	0.13%
SE	A	0.13%
RDDT	A	0.12%
IDYA	F	0.09%
TGT	B	0.07%
W	D	0.03%

FFLG Underweight 165 Positions Relative to FTQI

Symbol	Grade	Weight
TSLA	A	-3.05%
COST	A	-2.64%
CSCO	B	-1.56%
TXN	C	-1.54%
AMD	F	-1.45%
PEP	F	-1.45%
INTU	B	-1.32%
EQIX	A	-1.25%
ADBE	D	-1.22%
LIN	D	-1.19%
QCOM	F	-1.11%
CME	A	-0.96%
NTAP	C	-0.79%
ORCL	A	-0.75%
CHKP	D	-0.72%
SPGI	D	-0.6%
APH	B	-0.58%
MGEE	A	-0.58%
APP	A	-0.52%
UFPI	C	-0.51%
PTC	B	-0.5%
LNT	A	-0.49%
DUOL	A	-0.48%
NOW	B	-0.46%
CASY	A	-0.43%
TYL	B	-0.4%
BGC	C	-0.39%
STX	D	-0.38%
ZBRA	B	-0.37%
CG	B	-0.37%
NDAQ	A	-0.36%
A	F	-0.34%
WFRD	F	-0.31%
IESC	A	-0.31%
ANET	C	-0.29%
PAGP	A	-0.29%
BCPC	B	-0.29%
TSCO	D	-0.28%
SBAC	D	-0.28%
SNY	F	-0.28%
MORN	B	-0.28%
EWBC	A	-0.28%
PNFP	B	-0.27%
OTTR	C	-0.27%
MEDP	D	-0.27%
AMT	D	-0.27%
EVRG	A	-0.26%
SOFI	A	-0.26%
WWD	B	-0.25%
LITE	B	-0.25%
AXON	A	-0.25%
ICLR	F	-0.25%
UMBF	B	-0.24%
CYBR	A	-0.24%
V	A	-0.24%
UPST	B	-0.24%
IDCC	B	-0.24%
STRL	A	-0.24%
MTSI	B	-0.23%
MSI	B	-0.22%
ERIE	F	-0.22%
RVMD	B	-0.22%
PTEN	C	-0.22%
EXPE	B	-0.22%
NBIX	C	-0.21%
COKE	C	-0.2%
NTRA	A	-0.2%
MANH	D	-0.2%
DJT	C	-0.2%
FFIV	B	-0.2%
SAIA	C	-0.2%
INCY	C	-0.19%
NTRS	A	-0.19%
CL	D	-0.19%
FCNCA	A	-0.18%
AAON	B	-0.18%
HBAN	B	-0.18%
REG	A	-0.18%
NOVT	D	-0.18%
ZION	B	-0.18%
ICUI	D	-0.18%
UTHR	C	-0.18%
MKSI	C	-0.18%
CHRW	B	-0.18%
TRMB	B	-0.18%
VRNS	D	-0.18%
OLLI	D	-0.18%
GH	B	-0.17%
CINF	A	-0.17%
MDGL	C	-0.17%
DOX	D	-0.17%
SSNC	C	-0.17%
ABBV	F	-0.17%
EBAY	D	-0.17%
OLED	F	-0.17%
LECO	C	-0.16%
WIX	A	-0.16%
MASI	B	-0.16%
ITRI	B	-0.16%
JAZZ	C	-0.16%
MUSA	B	-0.16%
BNTX	C	-0.16%
FITB	B	-0.16%
WTW	B	-0.16%
LSTR	D	-0.15%
CAT	C	-0.15%
POOL	D	-0.15%
AXP	B	-0.15%
JBHT	C	-0.15%
FRPT	A	-0.14%
PH	B	-0.14%
RMD	C	-0.14%
BSY	D	-0.14%
ETN	B	-0.14%
PGR	B	-0.14%
ENSG	D	-0.14%
HALO	F	-0.14%
CHDN	C	-0.14%
ULTA	F	-0.14%
MKTX	D	-0.13%
TECH	F	-0.13%
MIDD	D	-0.13%
SFM	A	-0.13%
MRUS	F	-0.13%
WAT	C	-0.13%
CYTK	D	-0.13%
VEEV	C	-0.13%
RGLD	C	-0.13%
TTEK	F	-0.13%
VKTX	F	-0.12%
LANC	D	-0.12%
KRYS	C	-0.12%
TWST	F	-0.12%
MTD	F	-0.11%
UFPT	C	-0.11%
WM	B	-0.11%
SHOO	D	-0.11%
TROW	B	-0.1%
MMYT	B	-0.09%
BL	C	-0.09%
DOCU	B	-0.09%
LOGI	F	-0.09%
TRMD	D	-0.09%
CRVL	A	-0.09%
CVLT	B	-0.08%
CSWI	A	-0.07%
BMRN	F	-0.06%
ASND	F	-0.05%
NWSA	B	-0.05%
ACGL	D	-0.05%
TW	A	-0.05%
CVCO	A	-0.04%
APA	F	-0.03%
QRVO	F	-0.03%
RGEN	F	-0.02%
OKTA	D	-0.02%
REYN	D	-0.01%
RXST	F	-0.01%
ACHC	F	-0.01%
ACLS	F	-0.01%
APLS	F	-0.01%
LNTH	F	-0.01%
XRAY	D	-0.01%
SRPT	F	-0.01%
RPRX	F	-0.01%