FFLV vs. FMDE ETF Comparison

Comparison of Fidelity Fundamental Large Cap Value ETF (FFLV) to Fidelity Enhanced Mid Cap ETF (FMDE)

FFLV

Fidelity Fundamental Large Cap Value ETF

FFLV Description

The fund will normally invest at least 80% of the fund"s assets in equity securities of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000® Index or the S&P 500® Index). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.94

Average Daily Volume

878

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

FMDE

Fidelity Enhanced Mid Cap ETF

FMDE Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell Midcap® Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$34.57

Average Daily Volume

149,918

Number of Holdings ^*

292

* may have additional holdings in another (foreign) market

Performance

Period	FFLV	FMDE
30 Days	3.62%	6.40%
60 Days	5.11%	8.81%
90 Days	5.96%	10.43%
12 Months		38.09%

26 Overlapping Holdings

Symbol	Grade	Weight in FFLV	Weight in FMDE	Overlap
AES	F	0.54%	0.12%	0.12%
ALSN	B	1.38%	0.37%	0.37%
CCI	C	0.14%	0.6%	0.14%
CI	D	1.59%	0.06%	0.06%
CNC	D	0.96%	0.57%	0.57%
COR	B	0.88%	0.51%	0.51%
EIX	B	1.58%	0.61%	0.61%
GDDY	A	0.7%	0.29%	0.29%
GPN	B	0.44%	0.2%	0.2%
GTES	A	0.38%	0.23%	0.23%
HIG	B	2.6%	0.4%	0.4%
HPQ	B	0.47%	0.01%	0.01%
HRB	D	0.27%	0.22%	0.22%
KEY	B	0.52%	0.65%	0.52%
LPX	B	0.36%	0.35%	0.35%
MCHP	F	0.94%	0.08%	0.08%
PCG	A	1.49%	0.36%	0.36%
PSA	C	0.65%	0.46%	0.46%
RJF	A	1.01%	0.78%	0.78%
SNX	D	0.61%	0.44%	0.44%
TPR	B	0.17%	0.51%	0.17%
TRGP	A	0.84%	0.56%	0.56%
USFD	A	1.49%	0.16%	0.16%
VST	A	0.46%	0.94%	0.46%
VSTS	C	0.22%	0.07%	0.07%
WCC	B	0.58%	0.33%	0.33%

FFLV Overweight 82 Positions Relative to FMDE

Symbol	Grade	Weight
XOM	B	4.54%
JPM	A	4.36%
CSCO	B	3.48%
WFC	A	3.09%
BAC	A	2.34%
CMCSA	B	2.31%
UNH	B	2.23%
TRV	B	2.2%
JNJ	C	2.03%
ELV	F	1.96%
KVUE	A	1.95%
JCI	B	1.84%
FDX	B	1.7%
PLD	F	1.66%
APO	B	1.37%
WELL	A	1.32%
SJM	D	1.24%
CVS	D	1.21%
AZN	F	1.09%
BRK.A	B	1.04%
WLK	D	1.01%
TKR	D	0.99%
SRE	A	0.89%
MRK	D	0.88%
AFG	A	0.87%
TSM	B	0.86%
DOX	D	0.84%
GEN	B	0.83%
GPK	C	0.82%
KDP	F	0.8%
UHAL	D	0.8%
CB	C	0.76%
ORI	A	0.75%
RRX	B	0.69%
LMT	D	0.68%
FLR	B	0.68%
TPX	B	0.67%
CNXC	F	0.67%
LW	C	0.65%
BCO	F	0.6%
XPO	B	0.58%
LOW	C	0.58%
BC	C	0.58%
KO	D	0.57%
CG	B	0.56%
ALLY	C	0.54%
CEG	C	0.52%
SW	A	0.47%
UFPI	C	0.46%
GMS	B	0.46%
LAD	A	0.43%
IPG	D	0.42%
APTV	F	0.39%
FAF	A	0.38%
DOOO	F	0.37%
OLN	F	0.33%
HRI	C	0.32%
CC	C	0.31%
AAP	D	0.31%
DAR	C	0.31%
HOG	D	0.3%
LITE	B	0.29%
SLM	A	0.28%
CPT	B	0.28%
MDU	D	0.27%
UPBD	B	0.26%
G	B	0.26%
BG	D	0.25%
OMF	A	0.24%
PM	B	0.22%
NXST	C	0.22%
CIEN	C	0.22%
TEX	F	0.21%
AR	B	0.2%
COMP	B	0.2%
SIG	B	0.2%
SNY	F	0.17%
MOH	F	0.13%
EWBC	A	0.13%
FCNCA	A	0.12%
WBS	A	0.11%
FTRE	D	0.07%

FFLV Underweight 266 Positions Relative to FMDE

Symbol	Grade	Weight
WMB	A	-1.12%
BK	A	-0.99%
SQ	A	-0.97%
SPG	A	-0.96%
CMI	A	-0.94%
HWM	A	-0.89%
PRU	A	-0.85%
MSCI	C	-0.84%
UAL	A	-0.79%
CVNA	B	-0.75%
CAH	B	-0.74%
EXPE	B	-0.73%
KR	B	-0.73%
STT	B	-0.72%
RBLX	C	-0.72%
WTW	B	-0.72%
ROST	D	-0.71%
VEEV	C	-0.71%
TOST	B	-0.69%
TWLO	A	-0.67%
ZM	C	-0.67%
AXON	A	-0.67%
PPG	F	-0.66%
CSGP	D	-0.66%
DOCU	B	-0.65%
NRG	B	-0.65%
CLX	A	-0.65%
NVR	D	-0.65%
CCL	A	-0.65%
NTAP	C	-0.64%
VICI	C	-0.63%
AIZ	A	-0.63%
FIS	C	-0.63%
TOL	B	-0.62%
EQH	C	-0.62%
IDXX	F	-0.61%
HUBS	A	-0.61%
HPE	B	-0.61%
NUE	C	-0.6%
AMP	A	-0.6%
INCY	C	-0.6%
LDOS	C	-0.6%
TXT	D	-0.59%
CW	C	-0.59%
HUBB	B	-0.59%
LNG	A	-0.59%
SSNC	B	-0.59%
EA	A	-0.58%
ALLE	C	-0.58%
DD	C	-0.58%
LYFT	C	-0.57%
ALL	A	-0.57%
DBX	B	-0.56%
DKNG	B	-0.56%
FTV	C	-0.54%
PYPL	B	-0.54%
GL	C	-0.54%
FFIV	B	-0.54%
MANH	D	-0.54%
EXEL	B	-0.52%
CNP	A	-0.52%
CTAS	B	-0.52%
UNM	A	-0.52%
GRMN	B	-0.52%
DCI	B	-0.52%
GILD	C	-0.51%
MPWR	F	-0.51%
QRVO	F	-0.5%
MSI	B	-0.5%
CACI	D	-0.49%
GAP	C	-0.49%
AMH	C	-0.49%
ECL	D	-0.49%
CCK	D	-0.48%
TDC	D	-0.48%
TT	A	-0.48%
BURL	B	-0.48%
AXTA	B	-0.47%
STLD	B	-0.47%
BWXT	B	-0.47%
BERY	C	-0.46%
BRX	A	-0.45%
NYT	D	-0.45%
MEDP	D	-0.45%
HLT	A	-0.45%
SWKS	F	-0.45%
PEGA	B	-0.45%
ANF	F	-0.45%
NDAQ	A	-0.44%
CRUS	D	-0.44%
LNW	F	-0.44%
NBIX	C	-0.44%
WAB	B	-0.43%
PLTR	B	-0.43%
VMC	B	-0.42%
GWW	B	-0.42%
CL	D	-0.42%
EVRG	A	-0.41%
NVT	B	-0.41%
AME	A	-0.4%
SOLV	D	-0.39%
AM	A	-0.39%
CPNG	D	-0.39%
FIX	A	-0.38%
EEFT	B	-0.38%
PCAR	B	-0.38%
IGT	F	-0.38%
DHI	F	-0.37%
VMI	B	-0.37%
KLAC	F	-0.36%
SYF	B	-0.36%
HXL	F	-0.35%
UTHR	C	-0.35%
ZION	B	-0.34%
RNG	C	-0.34%
SEE	C	-0.34%
DUOL	A	-0.33%
IQV	F	-0.33%
GIS	D	-0.33%
NTNX	B	-0.33%
WU	F	-0.33%
UHS	D	-0.32%
BLD	D	-0.32%
EBAY	D	-0.32%
Z	A	-0.32%
EME	A	-0.31%
COIN	C	-0.31%
CPAY	A	-0.31%
DVN	F	-0.31%
AYI	B	-0.31%
RS	B	-0.3%
APP	B	-0.3%
LEN	D	-0.29%
EQR	C	-0.29%
RGA	A	-0.28%
MGM	D	-0.28%
XEL	A	-0.28%
MTDR	B	-0.28%
GLPI	C	-0.27%
IFF	D	-0.27%
BAH	F	-0.27%
CBOE	C	-0.27%
DXCM	C	-0.27%
A	D	-0.27%
ELAN	D	-0.27%
FANG	C	-0.26%
ZG	A	-0.26%
BMY	B	-0.26%
ZBRA	B	-0.25%
PLTK	B	-0.25%
BILL	A	-0.25%
BRO	B	-0.25%
CDW	F	-0.25%
INGR	C	-0.24%
LHX	C	-0.24%
SEIC	B	-0.24%
CFG	B	-0.23%
OC	A	-0.23%
TW	A	-0.22%
MTB	A	-0.22%
HES	B	-0.22%
SBAC	D	-0.22%
KMB	C	-0.22%
FLS	B	-0.21%
DFS	B	-0.21%
PCTY	C	-0.21%
HII	F	-0.21%
ADTN	A	-0.2%
DKS	D	-0.2%
BLDR	D	-0.2%
MKTX	D	-0.19%
RCL	A	-0.18%
NWSA	A	-0.18%
NOC	D	-0.18%
ACM	B	-0.17%
MKL	A	-0.16%
DASH	B	-0.16%
WWD	C	-0.16%
SAM	C	-0.15%
DOC	C	-0.15%
KD	B	-0.15%
GXO	B	-0.14%
TPL	A	-0.14%
KMI	A	-0.14%
CINF	A	-0.13%
ATI	C	-0.13%
ANSS	B	-0.13%
REG	A	-0.13%
FTI	A	-0.12%
CHDN	B	-0.12%
ITT	A	-0.12%
WSM	C	-0.11%
CBSH	B	-0.11%
MORN	B	-0.11%
IBKR	A	-0.11%
GEHC	D	-0.11%
NWS	A	-0.11%
EXC	C	-0.11%
SYY	D	-0.11%
ROP	B	-0.1%
CTRE	C	-0.1%
LUV	C	-0.1%
AWK	C	-0.1%
VLTO	C	-0.1%
CTRA	B	-0.1%
AXS	A	-0.09%
ACGL	C	-0.09%
ES	C	-0.09%
LPLA	A	-0.09%
LEG	F	-0.08%
XRAY	F	-0.08%
WBD	B	-0.08%
JHG	B	-0.07%
CWEN	C	-0.07%
ADM	D	-0.07%
MSA	F	-0.07%
AMT	C	-0.06%
DTE	C	-0.06%
WDAY	B	-0.06%
FR	D	-0.06%
EG	C	-0.06%
VIRT	A	-0.06%
TNL	A	-0.06%
HUM	C	-0.06%
L	A	-0.06%
NSC	B	-0.06%
CSL	C	-0.05%
WEN	D	-0.05%
EGP	D	-0.05%
PHM	D	-0.05%
TXG	F	-0.05%
DAL	B	-0.05%
NTRA	A	-0.05%
OGE	A	-0.04%
BBWI	C	-0.04%
DGX	A	-0.04%
BIIB	F	-0.04%
CWEN	C	-0.04%
ULTA	F	-0.04%
U	C	-0.04%
K	A	-0.04%
CF	A	-0.03%
BBY	D	-0.03%
EPR	C	-0.03%
REYN	D	-0.03%
AKAM	D	-0.03%
TXRH	B	-0.03%
BMRN	F	-0.03%
CNM	D	-0.03%
SF	B	-0.03%
CBRE	B	-0.03%
JAZZ	B	-0.02%
QGEN	D	-0.02%
POST	C	-0.02%
AFL	B	-0.02%
AJG	A	-0.02%
OVV	B	-0.02%
ED	C	-0.02%
HAL	C	-0.02%
MRO	B	-0.02%
LSCC	D	-0.01%
STAG	D	-0.01%
OKE	A	-0.01%
SWK	D	-0.01%
HOOD	B	-0.01%
ARW	D	-0.01%