FFSM vs. AVMC ETF Comparison

Comparison of Fidelity Fundamental Small-Mid Cap ETF (FFSM) to Avantis U.S. Mid Cap Equity ETF (AVMC)

FFSM

Fidelity Fundamental Small-Mid Cap ETF

FFSM Description

FFSM discloses holdings only on a monthly basis with a 30-day lag. The fund actively selects global mid- and small-cap companies with both growth and value factors. The portfolio is selected using fundamental and quantitative analysis, considering factors such as issuer's financial health and industry position, as well as the overall economic condition. The fund has a Tracking Basket Structure in place, which acts as a proxy portfolio that includes some of the funds holdings from recent disclosure, significant portion of the funds holdings, and cash. This is designed to track the funds daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads. Before February 26, 2024, the fund traded as Fidelity Small-Mid Cap Opportunities ETF under the ticker FSMO.

Grade (RS Rating)

Last Trade

$29.06

Average Daily Volume

28,472

Number of Holdings ^*

171

* may have additional holdings in another (foreign) market

AVMC

Avantis U.S. Mid Cap Equity ETF

AVMC Description

The fund invests primarily in a diverse group of U.S. mid cap companies across market sectors and industry groups. It seeks to invest in securities of companies that the Advisor expects to have higher returns by placing an enhanced emphasis on securities of companies with higher profitability and value characteristics, as well as smaller market capitalizations relative to others within the fund"s mid cap investment universe.

Grade (RS Rating)

Last Trade

$69.51

Average Daily Volume

8,425

Number of Holdings ^*

518

* may have additional holdings in another (foreign) market

Performance

Period	FFSM	AVMC
30 Days	7.11%	7.92%
60 Days	5.92%	8.98%
90 Days	6.92%	10.86%
12 Months	35.08%	35.44%

71 Overlapping Holdings

Symbol	Grade	Weight in FFSM	Weight in AVMC	Overlap
ACGL	D	1.45%	0.54%	0.54%
ACM	A	0.66%	0.18%	0.18%
AES	F	0.65%	0.08%	0.08%
AFG	A	0.49%	0.17%	0.17%
AIT	A	0.88%	0.18%	0.18%
AIZ	A	0.91%	0.18%	0.18%
ALSN	B	0.76%	0.17%	0.17%
AR	B	1.27%	0.17%	0.17%
ATKR	C	0.01%	0.01%	0.01%
AXTA	A	0.42%	0.13%	0.13%
AYI	B	0.81%	0.17%	0.17%
BC	C	0.76%	0.08%	0.08%
BECN	B	0.61%	0.09%	0.09%
BJ	A	1.22%	0.18%	0.18%
BLDR	D	0.46%	0.35%	0.35%
BOKF	B	0.46%	0.04%	0.04%
CHDN	B	0.54%	0.09%	0.09%
CIEN	B	0.53%	0.15%	0.15%
CMC	B	0.6%	0.12%	0.12%
CNM	D	0.47%	0.07%	0.07%
CNXC	F	0.29%	0.0%	0.0%
CR	A	1.01%	0.1%	0.1%
CROX	D	1.17%	0.07%	0.07%
DFS	B	0.89%	0.64%	0.64%
DKS	C	0.84%	0.12%	0.12%
EME	C	1.81%	0.44%	0.44%
EXP	A	1.44%	0.18%	0.18%
FAF	A	0.77%	0.1%	0.1%
FCNCA	A	0.63%	0.47%	0.47%
FLEX	A	0.31%	0.3%	0.3%
FN	D	1.22%	0.17%	0.17%
FTI	A	1.47%	0.26%	0.26%
G	B	0.59%	0.09%	0.09%
GPK	C	0.71%	0.12%	0.12%
HOLX	D	0.56%	0.19%	0.19%
IP	B	0.37%	0.32%	0.32%
ITT	A	1.2%	0.2%	0.2%
JLL	D	1.1%	0.16%	0.16%
KBR	F	0.46%	0.11%	0.11%
LEA	D	0.3%	0.08%	0.08%
LPLA	A	0.01%	0.42%	0.01%
LW	C	0.4%	0.12%	0.12%
MEDP	D	0.57%	0.12%	0.12%
MOH	F	1.1%	0.29%	0.29%
MTB	A	0.3%	0.55%	0.3%
MUSA	A	1.34%	0.19%	0.19%
NSIT	F	1.33%	0.09%	0.09%
NXST	C	0.75%	0.06%	0.06%
OLN	D	0.45%	0.07%	0.07%
ON	D	0.62%	0.46%	0.46%
ORI	A	0.96%	0.15%	0.15%
PCVX	D	0.32%	0.11%	0.11%
PFGC	B	1.16%	0.19%	0.19%
PNFP	B	0.73%	0.17%	0.17%
PRI	A	0.56%	0.2%	0.2%
PVH	C	0.51%	0.08%	0.08%
RGA	A	0.76%	0.24%	0.24%
RGEN	D	0.19%	0.0%	0.0%
RJF	A	0.51%	0.52%	0.51%
SF	B	0.75%	0.18%	0.18%
SNX	C	0.95%	0.1%	0.1%
STLD	B	0.01%	0.4%	0.01%
TPX	B	1.46%	0.14%	0.14%
UHS	D	1.5%	0.15%	0.15%
USFD	A	1.16%	0.2%	0.2%
VNT	B	0.59%	0.09%	0.09%
VRT	B	1.14%	0.72%	0.72%
WBS	A	0.57%	0.17%	0.17%
WFRD	D	0.33%	0.13%	0.13%
WTFC	A	0.52%	0.14%	0.14%
XPO	B	0.56%	0.3%	0.3%

FFSM Overweight 100 Positions Relative to AVMC

Symbol	Grade	Weight
SN	D	1.11%
CACI	D	1.06%
WHD	B	1.01%
RRX	B	1.01%
DOX	D	0.92%
BOOT	D	0.9%
TMDX	F	0.9%
LNG	B	0.9%
SNV	B	0.88%
STX	D	0.84%
TGLS	B	0.81%
VTR	C	0.76%
PCG	A	0.72%
HLI	B	0.71%
AEIS	B	0.66%
ASGN	F	0.65%
LPX	B	0.65%
KBH	D	0.64%
MMS	F	0.6%
FSS	B	0.6%
LBRT	D	0.59%
CBT	C	0.59%
CADE	B	0.59%
NOG	A	0.57%
MTSI	B	0.57%
EPRT	B	0.56%
BCO	D	0.56%
ESI	A	0.54%
ASO	F	0.53%
CRL	C	0.52%
CWK	B	0.51%
HAYW	B	0.51%
IESC	B	0.51%
GMS	B	0.51%
WIX	B	0.5%
EBC	B	0.49%
CTRE	D	0.49%
EAT	A	0.47%
TENB	C	0.45%
PRCT	B	0.44%
LITE	B	0.44%
NOMD	D	0.42%
TEX	D	0.42%
ARGX	A	0.41%
COMP	B	0.4%
MASI	A	0.39%
CXT	B	0.36%
CAH	B	0.36%
GVA	A	0.35%
RUSHA	C	0.35%
AZZ	B	0.34%
GTES	A	0.33%
AZEK	A	0.3%
UPBD	B	0.3%
ARCB	C	0.3%
SKY	A	0.3%
GRBK	D	0.3%
IBTX	B	0.29%
FBP	B	0.29%
LCII	C	0.29%
DIOD	D	0.27%
AMN	F	0.27%
ALGM	D	0.24%
LAUR	A	0.24%
DOOO	F	0.23%
PATK	D	0.2%
CRNX	C	0.19%
ACLX	C	0.19%
KFRC	D	0.18%
CYTK	F	0.18%
MDGL	B	0.16%
NUVL	D	0.16%
AAP	C	0.15%
XPRO	F	0.14%
MNDY	C	0.14%
KROS	D	0.13%
ELVN	D	0.12%
VCEL	B	0.12%
VRDN	D	0.12%
OMI	F	0.12%
AXSM	B	0.11%
ANAB	F	0.11%
CSTM	F	0.11%
TYRA	F	0.11%
COGT	D	0.11%
LBPH	A	0.1%
ICLR	D	0.1%
CLDX	F	0.1%
XENE	D	0.09%
AUTL	F	0.08%
TCBK	B	0.08%
MRUS	F	0.07%
PBH	A	0.06%
ARVN	D	0.04%
FIBK	A	0.01%
CC	C	0.01%
AME	A	0.01%
ALXO	F	0.0%
EWTX	C	0.0%
ZNTL	F	0.0%

FFSM Underweight 447 Positions Relative to AVMC

Symbol	Grade	Weight
RCL	A	-0.94%
VST	B	-0.92%
APP	B	-0.81%
URI	B	-0.75%
TRGP	B	-0.73%
HIG	B	-0.63%
DAL	C	-0.62%
TPL	A	-0.59%
CMI	A	-0.57%
IT	C	-0.55%
GLW	B	-0.55%
FITB	A	-0.53%
COIN	C	-0.53%
MLM	B	-0.52%
CCL	B	-0.52%
HWM	A	-0.51%
UAL	A	-0.51%
PHM	D	-0.5%
FIS	C	-0.5%
VMC	B	-0.5%
EA	A	-0.48%
GRMN	B	-0.48%
DECK	A	-0.47%
DD	D	-0.46%
SYF	B	-0.46%
IR	B	-0.46%
CBRE	B	-0.45%
DVN	F	-0.45%
HPE	B	-0.44%
MSTR	C	-0.44%
PEG	A	-0.44%
STT	A	-0.43%
ROK	B	-0.42%
TROW	B	-0.41%
SYY	B	-0.41%
HBAN	A	-0.41%
RMD	C	-0.41%
CSL	C	-0.4%
RF	A	-0.4%
NTAP	C	-0.4%
PPG	F	-0.4%
CDW	F	-0.4%
KEYS	A	-0.39%
DOV	A	-0.39%
VEEV	C	-0.39%
TSCO	D	-0.38%
CSGP	D	-0.38%
GEHC	F	-0.38%
PKG	A	-0.38%
BR	A	-0.38%
NDAQ	A	-0.38%
LYB	F	-0.37%
EFX	F	-0.37%
MKL	A	-0.37%
CHD	B	-0.37%
WAB	B	-0.37%
ETR	B	-0.36%
LII	A	-0.36%
WST	C	-0.35%
WSM	B	-0.35%
EQT	B	-0.35%
NTRS	A	-0.35%
JBL	B	-0.35%
HUBB	B	-0.35%
DOW	F	-0.34%
CPAY	A	-0.34%
A	D	-0.34%
MRO	B	-0.34%
EXPE	B	-0.34%
CINF	A	-0.34%
CTRA	B	-0.34%
BAH	F	-0.33%
OC	A	-0.33%
K	A	-0.32%
CFG	B	-0.32%
ED	D	-0.31%
WAT	B	-0.31%
PFG	D	-0.31%
STE	F	-0.31%
DRI	B	-0.31%
EXPD	D	-0.31%
XEL	A	-0.31%
RS	B	-0.3%
EBAY	D	-0.3%
XYL	D	-0.3%
CF	B	-0.3%
BBY	D	-0.3%
ATO	A	-0.29%
SNA	A	-0.29%
UTHR	C	-0.29%
MANH	D	-0.29%
EQH	B	-0.29%
KEY	B	-0.29%
FDS	B	-0.29%
BIIB	F	-0.29%
TOL	B	-0.29%
CBOE	B	-0.29%
OVV	B	-0.28%
LUV	C	-0.28%
RPM	A	-0.28%
LDOS	C	-0.28%
SQ	B	-0.28%
CASY	A	-0.27%
WRB	A	-0.27%
SAIA	B	-0.27%
FIX	A	-0.26%
ZM	B	-0.26%
JBHT	C	-0.26%
FSLR	F	-0.26%
TXT	D	-0.26%
CLX	B	-0.25%
TER	D	-0.25%
GDDY	A	-0.25%
VTRS	A	-0.25%
BRO	B	-0.25%
LH	C	-0.25%
EWBC	A	-0.25%
BALL	D	-0.25%
PSTG	D	-0.25%
AVY	D	-0.24%
TWLO	A	-0.24%
GIS	D	-0.24%
L	A	-0.24%
EG	C	-0.24%
PINS	D	-0.24%
MPWR	F	-0.24%
FNF	B	-0.24%
GGG	B	-0.24%
PPL	B	-0.23%
PNR	A	-0.23%
ALGN	D	-0.23%
WSO	A	-0.23%
NRG	B	-0.23%
WBD	C	-0.22%
AWK	D	-0.22%
FOXA	B	-0.22%
APTV	D	-0.22%
IEX	B	-0.22%
CLH	B	-0.22%
TSN	B	-0.22%
KNSL	B	-0.21%
THC	D	-0.21%
EMN	D	-0.21%
AKAM	D	-0.21%
POOL	C	-0.21%
SWKS	F	-0.21%
KMX	B	-0.21%
FFIV	B	-0.21%
EVR	B	-0.2%
AEE	A	-0.2%
DTE	C	-0.2%
ULTA	F	-0.2%
TW	A	-0.2%
KVUE	A	-0.2%
UNM	A	-0.2%
ZBH	C	-0.2%
WAL	B	-0.2%
OMC	C	-0.19%
GWRE	A	-0.19%
ADM	D	-0.19%
LAD	A	-0.19%
WEC	A	-0.19%
RNR	C	-0.19%
BWXT	B	-0.19%
JKHY	D	-0.19%
CG	A	-0.19%
GPC	D	-0.19%
SSNC	B	-0.19%
AMCR	D	-0.19%
SOFI	A	-0.19%
CMA	A	-0.18%
TXRH	C	-0.18%
ALLY	C	-0.18%
ALLE	D	-0.18%
NCLH	B	-0.18%
J	F	-0.18%
CMS	C	-0.18%
ERIE	D	-0.18%
ALB	C	-0.18%
ATR	B	-0.18%
MLI	C	-0.18%
TAP	C	-0.18%
IFF	D	-0.18%
NBIX	C	-0.18%
ROL	B	-0.18%
ZION	B	-0.18%
LECO	B	-0.18%
PAYC	B	-0.17%
NWSA	B	-0.17%
INCY	C	-0.17%
AFRM	B	-0.17%
BURL	A	-0.17%
HSY	F	-0.17%
JEF	A	-0.17%
WMS	D	-0.17%
CTSH	B	-0.16%
PR	B	-0.16%
UFPI	B	-0.16%
SEIC	B	-0.16%
BSY	D	-0.16%
EXEL	B	-0.16%
R	B	-0.16%
BLD	D	-0.16%
BMRN	D	-0.16%
GME	C	-0.16%
DTM	B	-0.16%
GL	B	-0.16%
EPAM	C	-0.16%
TTWO	A	-0.16%
COHR	B	-0.16%
RRC	B	-0.16%
FBIN	D	-0.15%
FLR	B	-0.15%
AOS	F	-0.15%
MKC	D	-0.15%
INGR	B	-0.15%
DCI	B	-0.15%
CNC	D	-0.15%
HRB	D	-0.15%
LBRDK	C	-0.15%
FND	C	-0.15%
WCC	B	-0.15%
CCK	C	-0.15%
PWR	A	-0.15%
RHI	B	-0.14%
ILMN	D	-0.14%
TMHC	B	-0.14%
ROKU	D	-0.14%
GNRC	B	-0.14%
SCI	B	-0.14%
WWD	B	-0.14%
X	C	-0.14%
Z	A	-0.14%
CTVA	C	-0.14%
HLNE	B	-0.14%
EHC	B	-0.14%
CHRW	C	-0.14%
MTDR	B	-0.14%
AXS	A	-0.13%
KEX	C	-0.13%
RL	B	-0.13%
NYT	C	-0.13%
SSB	B	-0.13%
MRNA	F	-0.13%
MORN	B	-0.13%
BILL	A	-0.13%
APA	D	-0.13%
DG	F	-0.13%
LNT	A	-0.13%
TECH	D	-0.13%
JAZZ	B	-0.13%
ARMK	B	-0.13%
ENSG	D	-0.13%
EVRG	A	-0.13%
EIX	B	-0.13%
GMED	A	-0.13%
RIVN	F	-0.13%
NVR	D	-0.13%
ONTO	D	-0.13%
CTLT	B	-0.13%
TPR	B	-0.13%
VOYA	B	-0.13%
DINO	D	-0.13%
LYV	A	-0.13%
BAX	D	-0.13%
BWA	D	-0.13%
SSD	D	-0.13%
CFR	B	-0.13%
DVA	B	-0.12%
RBC	A	-0.12%
RLI	B	-0.12%
RVMD	C	-0.12%
HALO	F	-0.12%
HRL	D	-0.12%
LNW	D	-0.12%
FE	C	-0.12%
MTG	C	-0.12%
KR	B	-0.12%
CHE	D	-0.12%
NI	A	-0.12%
SKX	D	-0.12%
MTH	D	-0.12%
TREX	C	-0.12%
PCTY	B	-0.12%
CBSH	A	-0.12%
AXON	A	-0.12%
ATI	D	-0.12%
PNW	B	-0.12%
ALV	C	-0.12%
OSK	B	-0.12%
CHRD	D	-0.11%
UHAL	D	-0.11%
ES	D	-0.11%
NOV	C	-0.11%
IPG	D	-0.11%
WEX	D	-0.11%
WH	B	-0.11%
OGE	B	-0.11%
LSTR	D	-0.11%
DXCM	D	-0.11%
FLS	B	-0.11%
OLED	D	-0.11%
CHX	C	-0.11%
SM	B	-0.11%
MAS	D	-0.11%
MAT	D	-0.11%
HAS	D	-0.11%
GNTX	C	-0.11%
OMF	A	-0.11%
DLTR	F	-0.11%
SITE	D	-0.1%
CZR	F	-0.1%
PB	A	-0.1%
KNX	B	-0.1%
MUR	D	-0.1%
ELAN	D	-0.1%
HII	D	-0.1%
APG	B	-0.1%
FHN	A	-0.1%
ARW	D	-0.1%
AGCO	D	-0.1%
MOS	F	-0.1%
WSC	D	-0.1%
MSA	D	-0.1%
EXC	C	-0.1%
FOX	A	-0.1%
BPOP	B	-0.1%
CLF	F	-0.1%
BERY	B	-0.1%
FANG	D	-0.1%
JNPR	F	-0.09%
IVZ	B	-0.09%
RGLD	C	-0.09%
S	B	-0.09%
AM	A	-0.09%
MHK	D	-0.09%
SIGI	C	-0.09%
THO	B	-0.09%
OLLI	D	-0.09%
LSCC	D	-0.09%
ESNT	D	-0.09%
QRVO	F	-0.09%
RYAN	B	-0.09%
ZWS	B	-0.09%
BEN	C	-0.09%
LFUS	F	-0.09%
IDXX	F	-0.09%
GAP	C	-0.09%
RPRX	D	-0.09%
ESAB	B	-0.09%
CIVI	D	-0.09%
TFX	F	-0.08%
ENLC	A	-0.08%
WLK	D	-0.08%
NFG	A	-0.08%
CGNX	C	-0.08%
DAR	C	-0.08%
AMG	B	-0.08%
CPB	D	-0.08%
MKTX	D	-0.08%
TKR	D	-0.08%
MTN	C	-0.08%
AN	C	-0.08%
BIO	D	-0.08%
TTC	D	-0.08%
IQV	D	-0.08%
COKE	C	-0.08%
CNP	B	-0.08%
MGY	A	-0.08%
CHH	A	-0.07%
BYD	C	-0.07%
AA	B	-0.07%
SW	A	-0.07%
SON	D	-0.07%
PATH	C	-0.07%
VFC	C	-0.07%
PTC	A	-0.07%
DLB	B	-0.07%
LULU	C	-0.07%
NEU	C	-0.07%
POST	C	-0.07%
FYBR	D	-0.07%
WTS	B	-0.07%
GFS	C	-0.06%
ST	F	-0.06%
NWS	B	-0.06%
WHR	B	-0.06%
FMC	D	-0.06%
BFAM	D	-0.06%
HXL	D	-0.06%
H	B	-0.06%
TNET	D	-0.05%
FRPT	B	-0.05%
ENPH	F	-0.05%
PAG	B	-0.05%
BRKR	D	-0.05%
AMKR	D	-0.05%
ENTG	D	-0.05%
MGM	D	-0.04%
HESM	B	-0.04%
ADTN	A	-0.04%
COLM	B	-0.04%
PARA	C	-0.04%
SEE	C	-0.04%
IDA	A	-0.04%
SPSC	C	-0.04%
LBRDA	C	-0.03%
OZK	B	-0.03%
CACC	D	-0.03%
CHWY	B	-0.03%
COLB	A	-0.03%
PPC	C	-0.03%
CELH	F	-0.03%
ZG	A	-0.03%
DDS	B	-0.03%
TRMB	B	-0.03%
XRAY	F	-0.03%
FLO	D	-0.03%
LCID	F	-0.02%
CWEN	C	-0.02%
EL	F	-0.02%
CLVT	F	-0.02%
HAE	C	-0.02%
SMCI	F	-0.02%
CNA	B	-0.02%
MSM	C	-0.02%
LANC	C	-0.02%
LEVI	F	-0.02%
LUMN	C	-0.02%
VAL	D	-0.01%
LKQ	D	-0.01%
CWEN	C	-0.01%
PII	D	-0.01%
SAIC	F	-0.01%
UHAL	D	-0.01%
QLYS	C	-0.01%
ACT	D	-0.01%
AGR	B	-0.01%
RMBS	C	-0.0%
NFE	D	-0.0%
FRHC	B	-0.0%
RIG	D	-0.0%
PTEN	C	-0.0%
IGT	F	-0.0%
FRSH	C	-0.0%
FIZZ	C	-0.0%
REYN	D	-0.0%