FFSM vs. PAVE ETF Comparison
Comparison of Fidelity Fundamental Small-Mid Cap ETF (FFSM) to Global X U.S. Infrastructure Development ETF (PAVE)
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
$27.39
Average Daily Volume
27,066
169
PAVE
Global X U.S. Infrastructure Development ETF
PAVE Description
The Global X U.S. Infrastructure Development ETF (PAVE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX U.S. Infrastructure Development Index.Grade (RS Rating)
Last Trade
$40.99
Average Daily Volume
1,136,514
98
Performance
Period | FFSM | PAVE |
---|---|---|
30 Days | 1.83% | 6.11% |
60 Days | 2.56% | 4.46% |
90 Days | 8.77% | 10.72% |
12 Months | 29.68% | 34.73% |
13 Overlapping Holdings
Symbol | Grade | Weight in FFSM | Weight in PAVE | Overlap | |
---|---|---|---|---|---|
ACM | B | 0.58% | 1.04% | 0.58% | |
ATKR | F | 0.61% | 0.25% | 0.25% | |
AYI | B | 0.75% | 0.63% | 0.63% | |
CACC | F | 0.4% | 0.26% | 0.26% | |
CMC | D | 0.66% | 0.48% | 0.48% | |
CR | B | 1.05% | 0.66% | 0.66% | |
EME | B | 1.59% | 1.53% | 1.53% | |
EXP | B | 1.06% | 0.77% | 0.77% | |
GVA | B | 0.3% | 0.44% | 0.3% | |
LPX | B | 0.61% | 0.57% | 0.57% | |
RRX | C | 0.99% | 0.87% | 0.87% | |
STLD | C | 0.6% | 1.46% | 0.6% | |
TEX | F | 0.52% | 0.27% | 0.27% |
FFSM Overweight 156 Positions Relative to PAVE
Symbol | Grade | Weight | |
---|---|---|---|
FTI | D | 1.66% | |
TPX | B | 1.43% | |
UHS | C | 1.42% | |
MUSA | D | 1.42% | |
AZO | B | 1.41% | |
BJ | D | 1.32% | |
AR | C | 1.29% | |
ACGL | B | 1.25% | |
CROX | C | 1.15% | |
ITT | B | 1.15% | |
FN | C | 1.14% | |
MOH | D | 1.11% | |
NSIT | C | 1.09% | |
WHD | D | 1.07% | |
TMDX | C | 1.07% | |
USFD | C | 1.05% | |
PFGC | B | 1.03% | |
JLL | B | 1.03% | |
CACI | B | 0.99% | |
SNX | C | 0.95% | |
ORI | B | 0.95% | |
LNG | D | 0.94% | |
DFS | C | 0.93% | |
DOX | C | 0.93% | |
VRT | C | 0.91% | |
DKS | D | 0.88% | |
NXST | D | 0.86% | |
AIT | B | 0.86% | |
RGA | C | 0.8% | |
AIZ | B | 0.8% | |
STX | B | 0.79% | |
SN | B | 0.79% | |
LBRT | F | 0.76% | |
AME | C | 0.76% | |
BC | C | 0.75% | |
SNV | D | 0.74% | |
AEIS | D | 0.74% | |
GPK | C | 0.73% | |
BECN | F | 0.73% | |
BOOT | B | 0.73% | |
FCNCA | D | 0.73% | |
ALSN | B | 0.72% | |
PNFP | C | 0.72% | |
FAF | B | 0.71% | |
VNT | F | 0.7% | |
HLI | C | 0.68% | |
PCG | C | 0.68% | |
ASGN | D | 0.67% | |
ON | D | 0.67% | |
MEDP | F | 0.66% | |
VTR | C | 0.66% | |
FSS | D | 0.66% | |
CRL | F | 0.65% | |
KBH | C | 0.65% | |
TGLS | B | 0.65% | |
LPLA | D | 0.64% | |
CADE | C | 0.63% | |
XPO | D | 0.61% | |
WBS | C | 0.61% | |
MMS | B | 0.61% | |
G | C | 0.6% | |
PRI | B | 0.59% | |
CHDN | D | 0.58% | |
HOLX | D | 0.58% | |
CNM | F | 0.58% | |
AES | C | 0.58% | |
CC | D | 0.57% | |
ESI | C | 0.56% | |
KBR | D | 0.56% | |
BCO | B | 0.54% | |
CBT | B | 0.54% | |
MTSI | C | 0.53% | |
ASO | D | 0.53% | |
CIEN | B | 0.53% | |
EBC | C | 0.52% | |
WTFC | C | 0.52% | |
CAH | C | 0.52% | |
PVH | D | 0.52% | |
TENB | F | 0.51% | |
SF | B | 0.51% | |
HAYW | C | 0.5% | |
NOMD | C | 0.49% | |
CWK | B | 0.49% | |
EPRT | B | 0.49% | |
AFG | C | 0.48% | |
RJF | C | 0.48% | |
BOKF | C | 0.46% | |
AMN | F | 0.44% | |
AXTA | B | 0.43% | |
OLN | D | 0.43% | |
EAT | C | 0.41% | |
FIBK | C | 0.41% | |
CNXC | F | 0.4% | |
CHX | F | 0.4% | |
ARGX | B | 0.39% | |
LW | D | 0.38% | |
LITE | B | 0.37% | |
NOG | F | 0.37% | |
FBP | C | 0.36% | |
GMS | C | 0.35% | |
RUSHA | C | 0.35% | |
IP | C | 0.35% | |
LEA | D | 0.35% | |
PRCT | C | 0.35% | |
GTES | C | 0.35% | |
ARCB | D | 0.35% | |
ESGR | D | 0.34% | |
FROG | F | 0.33% | |
DIOD | F | 0.33% | |
AZZ | C | 0.33% | |
MASI | C | 0.31% | |
MTB | C | 0.3% | |
WIX | C | 0.3% | |
FLEX | B | 0.3% | |
IBTX | C | 0.3% | |
LAUR | C | 0.29% | |
DOOO | F | 0.29% | |
COMP | C | 0.29% | |
LCII | C | 0.29% | |
ALGM | D | 0.25% | |
AAP | F | 0.25% | |
PCVX | C | 0.22% | |
RGEN | F | 0.22% | |
MDGL | F | 0.21% | |
KFRC | F | 0.21% | |
CRNX | D | 0.2% | |
CYTK | F | 0.2% | |
XPRO | F | 0.19% | |
PATK | C | 0.18% | |
OMI | D | 0.16% | |
NUVL | D | 0.14% | |
CSTM | D | 0.14% | |
VCEL | F | 0.14% | |
ACLX | C | 0.14% | |
ICLR | F | 0.12% | |
CLDX | F | 0.12% | |
VRDN | B | 0.11% | |
HELE | D | 0.11% | |
ANAB | D | 0.11% | |
LBPH | D | 0.1% | |
AUTL | F | 0.1% | |
AXSM | C | 0.1% | |
EWTX | C | 0.1% | |
TCBK | D | 0.09% | |
XENE | F | 0.09% | |
MRUS | D | 0.08% | |
PBH | C | 0.06% | |
ARVN | F | 0.05% | |
KROS | C | 0.02% | |
TXG | D | 0.02% | |
MORF | A | 0.0% | |
INSM | D | 0.0% | |
ALXO | F | 0.0% | |
ICHR | D | 0.0% | |
OI | D | 0.0% | |
ZNTL | D | 0.0% |
FFSM Underweight 85 Positions Relative to PAVE
Symbol | Grade | Weight | |
---|---|---|---|
TT | B | -3.79% | |
URI | B | -3.45% | |
ETN | C | -3.4% | |
PH | B | -3.36% | |
PWR | B | -3.17% | |
HWM | B | -3.02% | |
SRE | B | -2.89% | |
EMR | D | -2.78% | |
MLM | D | -2.76% | |
DE | A | -2.66% | |
NSC | C | -2.62% | |
FAST | C | -2.58% | |
UNP | D | -2.57% | |
VMC | C | -2.54% | |
CSX | C | -2.51% | |
ROK | D | -2.22% | |
NUE | D | -2.18% | |
FTV | C | -2.05% | |
BLDR | C | -1.88% | |
HUBB | B | -1.71% | |
CSL | B | -1.61% | |
J | A | -1.42% | |
WLK | C | -1.41% | |
RS | D | -1.24% | |
RPM | B | -1.21% | |
IEX | C | -1.2% | |
PNR | B | -1.19% | |
TRMB | C | -1.13% | |
GGG | C | -1.09% | |
BLD | C | -1.0% | |
TTEK | C | -0.94% | |
WMS | D | -0.91% | |
LECO | D | -0.81% | |
TPC | C | -0.77% | |
WWD | C | -0.76% | |
MTZ | C | -0.74% | |
RBC | B | -0.66% | |
WCC | C | -0.66% | |
X | F | -0.64% | |
MLI | B | -0.63% | |
POWL | B | -0.62% | |
ATI | C | -0.62% | |
CRS | C | -0.58% | |
AGX | B | -0.54% | |
USLM | B | -0.52% | |
STRL | C | -0.51% | |
BMI | B | -0.49% | |
AA | C | -0.47% | |
CLF | F | -0.46% | |
ROAD | C | -0.46% | |
PRIM | B | -0.46% | |
VMI | C | -0.45% | |
ZWS | B | -0.45% | |
EXPO | B | -0.43% | |
DY | C | -0.43% | |
DXPE | C | -0.42% | |
CSWI | B | -0.42% | |
MDU | B | -0.41% | |
KNF | C | -0.39% | |
NWPX | B | -0.39% | |
MWA | B | -0.38% | |
SUM | D | -0.36% | |
ACA | B | -0.35% | |
TRN | C | -0.34% | |
CENX | C | -0.33% | |
DNOW | F | -0.33% | |
HRI | C | -0.33% | |
MRC | D | -0.31% | |
GRC | D | -0.29% | |
HAYN | D | -0.28% | |
MTX | D | -0.28% | |
GBX | D | -0.28% | |
HEES | D | -0.24% | |
IIIN | F | -0.24% | |
ROCK | D | -0.23% | |
MTRN | D | -0.23% | |
ASTE | F | -0.23% | |
CALX | C | -0.22% | |
CMCO | D | -0.22% | |
MTUS | F | -0.2% | |
WNC | F | -0.2% | |
MYRG | F | -0.19% | |
CTOS | F | -0.15% | |
RYI | F | -0.15% | |
TITN | F | -0.13% |
FFSM: Top Represented Industries & Keywords
PAVE: Top Represented Industries & Keywords