FFLV vs. XVOL ETF Comparison

Comparison of Fidelity Fundamental Large Cap Value ETF (FFLV) to Acruence Active Hedge U.S. Equity ETF (XVOL)

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

$23.27

Average Daily Volume

884

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

XVOL

Acruence Active Hedge U.S. Equity ETF

XVOL Description

Valor Latitude Acquisition Corp. intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.

Grade (RS Rating)

Last Trade

$23.87

Average Daily Volume

2,322

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FFLV	XVOL
30 Days	4.61%	9.73%
60 Days	5.50%	10.22%
90 Days	6.74%	11.71%
12 Months		36.35%

5 Overlapping Holdings

Symbol	Grade	Weight in FFLV	Weight in XVOL	Overlap
ORI	A	0.75%	1.36%	0.75%
TRV	B	2.2%	1.39%	1.39%
USFD	A	1.49%	1.63%	1.49%
VST	B	0.46%	2.93%	0.46%
WELL	A	1.32%	1.75%	1.32%

FFLV Overweight 103 Positions Relative to XVOL

Symbol	Grade	Weight
XOM	B	4.54%
JPM	A	4.36%
CSCO	B	3.48%
WFC	A	3.09%
HIG	B	2.6%
BAC	A	2.34%
CMCSA	B	2.31%
UNH	C	2.23%
JNJ	D	2.03%
ELV	F	1.96%
KVUE	A	1.95%
JCI	C	1.84%
FDX	B	1.7%
PLD	D	1.66%
CI	F	1.59%
EIX	B	1.58%
PCG	A	1.49%
ALSN	B	1.38%
APO	B	1.37%
SJM	D	1.24%
CVS	D	1.21%
AZN	D	1.09%
BRK.A	B	1.04%
WLK	D	1.01%
RJF	A	1.01%
TKR	D	0.99%
CNC	D	0.96%
MCHP	D	0.94%
SRE	A	0.89%
COR	B	0.88%
MRK	F	0.88%
AFG	A	0.87%
TSM	B	0.86%
TRGP	B	0.84%
DOX	D	0.84%
GEN	B	0.83%
GPK	C	0.82%
KDP	D	0.8%
UHAL	D	0.8%
CB	C	0.76%
GDDY	A	0.7%
RRX	B	0.69%
LMT	D	0.68%
FLR	B	0.68%
TPX	B	0.67%
CNXC	F	0.67%
PSA	D	0.65%
LW	C	0.65%
SNX	C	0.61%
BCO	D	0.6%
WCC	B	0.58%
XPO	B	0.58%
LOW	D	0.58%
BC	C	0.58%
KO	D	0.57%
CG	A	0.56%
AES	F	0.54%
ALLY	C	0.54%
CEG	D	0.52%
KEY	B	0.52%
HPQ	B	0.47%
SW	A	0.47%
UFPI	B	0.46%
GMS	B	0.46%
GPN	B	0.44%
LAD	A	0.43%
IPG	D	0.42%
APTV	D	0.39%
FAF	A	0.38%
GTES	A	0.38%
DOOO	F	0.37%
LPX	B	0.36%
OLN	D	0.33%
HRI	B	0.32%
CC	C	0.31%
AAP	C	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%
HRB	D	0.27%
UPBD	B	0.26%
G	B	0.26%
BG	F	0.25%
OMF	A	0.24%
PM	B	0.22%
NXST	C	0.22%
VSTS	C	0.22%
CIEN	B	0.22%
TEX	D	0.21%
AR	B	0.2%
COMP	B	0.2%
SIG	B	0.2%
TPR	B	0.17%
SNY	F	0.17%
CCI	D	0.14%
MOH	F	0.13%
EWBC	A	0.13%
FCNCA	A	0.12%
WBS	A	0.11%
FTRE	D	0.07%

FFLV Underweight 44 Positions Relative to XVOL

Symbol	Grade	Weight
APP	B	-4.72%
GFF	A	-3.82%
VZ	C	-3.71%
AXS	A	-2.9%
TFC	A	-2.9%
PLTR	B	-2.77%
CCOI	B	-2.59%
WAFD	B	-2.44%
NNN	D	-2.41%
TMP	B	-2.35%
THG	A	-2.3%
NTRA	B	-2.15%
AVGO	D	-2.1%
KKR	A	-2.01%
BBY	D	-2.01%
FICO	B	-1.99%
NRG	B	-1.97%
WSM	B	-1.88%
MSI	B	-1.84%
BX	A	-1.75%
T	A	-1.73%
CTAS	B	-1.72%
SWX	B	-1.71%
SPG	B	-1.68%
VTR	C	-1.62%
HFWA	B	-1.62%
WMT	A	-1.62%
MMM	D	-1.61%
BMY	B	-1.58%
ORCL	B	-1.58%
PKG	A	-1.54%
TW	A	-1.54%
MPLX	A	-1.52%
O	D	-1.52%
PGR	A	-1.43%
FNF	B	-1.42%
GTY	B	-1.41%
BSX	B	-1.36%
PEG	A	-1.35%
EFX	F	-1.33%
ICE	C	-1.3%
SPGI	C	-1.19%
RKT	F	-1.15%
PLOW	D	-1.11%