FFSM vs. CVY ETF Comparison

Comparison of Fidelity Fundamental Small-Mid Cap ETF (FFSM) to Guggenheim Multi-Asset Income ETF (CVY)

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

$25.12

Average Daily Volume

17,572

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

CVY

Guggenheim Multi-Asset Income ETF

CVY Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Zacks Multi-Asset Income Index. The fund invests at least 90% of its total assets in securities that comprise the index and depositary receipts representing securities that comprise the index. The Zacks Multi-Asset Income Index is comprised of approximately 149 securities selected, based on investment and other criteria, from a universe of domestic and international companies. The securities comprising the index include stocks of small and medium-sized companies.

Grade (RS Rating)

Last Trade

$25.19

Average Daily Volume

6,549

Number of Holdings ^*

129

* may have additional holdings in another (foreign) market

Performance

Period	FFSM	CVY
30 Days	-1.60%	-0.38%
60 Days	0.02%	0.94%
90 Days	-1.48%	-0.77%
12 Months	15.91%	21.77%

6 Overlapping Holdings

Symbol	Grade	Weight in FFSM	Weight in CVY	Overlap
BC	F	0.81%	0.61%	0.61%
BOKF	C	0.44%	0.33%	0.33%
DKS	C	0.98%	1.13%	0.98%
FBP	A	0.35%	0.34%	0.34%
LEA	F	0.4%	0.61%	0.4%
NOG	C	0.38%	0.62%	0.38%

FFSM Overweight 152 Positions Relative to CVY

Symbol	Grade	Weight
VRT	C	1.71%
FTI	B	1.68%
EME	D	1.65%
AR	C	1.58%
TPX	D	1.49%
AZO	C	1.47%
ACGL	C	1.33%
MUSA	C	1.27%
UHS	B	1.23%
BJ	B	1.22%
MOH	F	1.21%
CROX	C	1.17%
ITT	D	1.14%
PFGC	D	1.11%
RRX	F	1.09%
EXP	D	1.08%
LPLA	B	1.06%
USFD	B	1.05%
CR	B	1.01%
FN	C	0.99%
NSIT	B	0.98%
DOX	D	0.98%
WHD	B	0.97%
CACI	B	0.96%
XPO	D	0.96%
CHDN	A	0.94%
DFS	A	0.89%
ORI	C	0.89%
LNG	B	0.88%
AIZ	D	0.88%
ATKR	F	0.87%
AME	D	0.85%
SNX	D	0.83%
NXST	C	0.82%
JLL	B	0.81%
AYI	C	0.81%
AIT	B	0.79%
VNT	D	0.79%
BECN	D	0.76%
FAF	D	0.75%
ASGN	D	0.75%
TGLS	D	0.74%
GVA	B	0.74%
ON	D	0.72%
STX	B	0.72%
SN	C	0.72%
MEDP	C	0.72%
PVH	F	0.71%
PCG	D	0.7%
CC	F	0.69%
GPK	D	0.68%
CNM	D	0.68%
KBR	C	0.67%
ACHC	F	0.67%
ALSN	C	0.66%
FCNCA	C	0.66%
AEIS	C	0.66%
ACM	D	0.66%
CRL	F	0.66%
AES	D	0.65%
RGA	B	0.65%
STLD	D	0.64%
CMC	D	0.64%
SNV	A	0.63%
PNFP	D	0.63%
HLI	A	0.63%
G	D	0.63%
BOOT	B	0.63%
DT	F	0.61%
FSS	C	0.59%
VTR	A	0.59%
PRI	C	0.59%
MMS	B	0.59%
HOLX	C	0.59%
MTSI	A	0.58%
CAH	D	0.58%
WBS	D	0.58%
CADE	C	0.58%
RJF	D	0.57%
CIEN	F	0.56%
CBT	D	0.54%
KBH	C	0.54%
TENB	D	0.54%
LBRT	D	0.54%
OLN	F	0.54%
PGNY	D	0.53%
ESI	B	0.52%
AFG	D	0.52%
WTFC	C	0.51%
EXLS	B	0.5%
LPX	D	0.5%
HAYW	F	0.5%
TEX	D	0.5%
EPRT	A	0.48%
BCO	B	0.47%
OI	F	0.47%
LSCC	D	0.45%
CACC	B	0.44%
CHX	C	0.43%
EBC	B	0.43%
ASO	F	0.4%
TMDX	B	0.4%
CWK	C	0.39%
WSC	F	0.39%
NOMD	D	0.39%
FIBK	B	0.38%
FROG	B	0.37%
ICHR	C	0.37%
ALGM	C	0.34%
CNXC	C	0.34%
LITE	B	0.34%
ESGR	A	0.34%
DOOO	D	0.34%
FLEX	C	0.33%
FIVN	F	0.33%
LAUR	C	0.33%
DIOD	D	0.33%
RUSHA	F	0.32%
ARGX	B	0.31%
LCII	F	0.29%
OMI	F	0.28%
EAT	C	0.28%
PRO	F	0.28%
MTB	B	0.27%
RGEN	F	0.24%
HELE	F	0.21%
IBTX	B	0.21%
KFRC	D	0.2%
CSTM	D	0.19%
CRNX	D	0.18%
PATK	C	0.18%
XPRO	C	0.17%
MDGL	C	0.16%
INSM	C	0.15%
CYTK	D	0.15%
VCEL	D	0.14%
ECPG	D	0.13%
CLDX	D	0.12%
NUVL	C	0.11%
ICLR	B	0.11%
ACLX	B	0.1%
PCVX	B	0.09%
XENE	F	0.09%
AXSM	B	0.09%
PBH	C	0.07%
TCBK	B	0.07%
ARVN	F	0.06%
TXG	F	0.04%
MORF	C	0.04%
ZNTL	F	0.02%
KROS	F	0.02%
ALXO	F	0.01%

FFSM Underweight 123 Positions Relative to CVY

Symbol	Grade	Weight
ARLP	B	-1.3%
IRM	A	-1.12%
SLG	B	-1.11%
OXLC	B	-1.1%
CVS	D	-1.09%
EXR	B	-1.09%
ECC	A	-1.08%
SPG	B	-1.02%
SYF	B	-1.02%
AGNC	A	-1.01%
VTRS	F	-1.01%
BG	B	-1.01%
WES	A	-1.01%
MGY	B	-1.0%
ADM	C	-1.0%
JPM	A	-1.0%
BAC	A	-1.0%
EQH	B	-1.0%
EOG	C	-0.99%
CRBG	C	-0.98%
PSX	D	-0.98%
WFC	C	-0.97%
APA	D	-0.97%
CNH	F	-0.96%
OVV	C	-0.95%
BSM	C	-0.95%
MOS	F	-0.95%
CF	F	-0.95%
CIVI	D	-0.95%
VLO	C	-0.94%
DINO	D	-0.94%
KR	C	-0.94%
MPLX	A	-0.93%
PBF	D	-0.92%
DSL	A	-0.91%
CIB	C	-0.9%
JPC	A	-0.9%
VALE	D	-0.9%
ET	A	-0.87%
TX	C	-0.87%
UAN	D	-0.86%
PDO	A	-0.84%
PAA	A	-0.81%
LAMR	A	-0.8%
UMC	B	-0.79%
PBR	D	-0.79%
SUN	C	-0.78%
EPD	A	-0.78%
RHP	D	-0.77%
STNG	B	-0.69%
SPH	C	-0.69%
MTG	B	-0.69%
R	B	-0.68%
ONB	B	-0.67%
CALM	B	-0.67%
SLM	C	-0.67%
RPRX	F	-0.67%
RDN	B	-0.67%
GLP	C	-0.67%
AXS	B	-0.66%
UNM	D	-0.65%
MUR	D	-0.65%
BPOP	C	-0.65%
EWBC	C	-0.65%
OGN	C	-0.65%
BP	C	-0.65%
JXN	B	-0.64%
HOG	F	-0.64%
VOYA	D	-0.64%
WAL	B	-0.64%
ING	B	-0.63%
PK	D	-0.63%
HP	D	-0.63%
SEE	D	-0.63%
E	C	-0.63%
WGO	F	-0.6%
VVR	B	-0.57%
NSA	B	-0.56%
LYG	A	-0.55%
EVV	B	-0.55%
GEL	A	-0.53%
MAC	D	-0.51%
BBVA	C	-0.48%
OUT	C	-0.47%
ACP	B	-0.44%
TTE	C	-0.44%
T	B	-0.44%
QFIN	C	-0.44%
HIW	B	-0.41%
BCH	C	-0.4%
IIPR	B	-0.4%
DLY	A	-0.39%
BCS	C	-0.38%
SKT	D	-0.35%
CATY	C	-0.35%
ESNT	B	-0.34%
LZB	C	-0.34%
HWC	B	-0.34%
PAG	D	-0.33%
IBOC	C	-0.33%
OTTR	C	-0.33%
CNO	B	-0.33%
KFY	B	-0.33%
ASC	B	-0.33%
GSL	B	-0.33%
TGNA	D	-0.32%
CPA	F	-0.32%
NAVI	D	-0.32%
EMD	A	-0.32%
SAH	D	-0.32%
HEES	F	-0.31%
AVT	D	-0.31%
BGB	A	-0.3%
RES	F	-0.3%
HIO	A	-0.28%
CMP	F	-0.28%
ARDC	A	-0.28%
AMRK	D	-0.27%
FFC	A	-0.24%
EAD	A	-0.2%
WIW	A	-0.19%
ISD	A	-0.18%
NBB	B	-0.18%