FFSM vs. QGRO ETF Comparison

Comparison of Fidelity Fundamental Small-Mid Cap ETF (FFSM) to American Century STOXX U.S. Quality Growth ETF (QGRO)

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

$27.41

Average Daily Volume

27,951

Number of Holdings ^*

162

* may have additional holdings in another (foreign) market

QGRO

American Century STOXX U.S. Quality Growth ETF

QGRO Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX American Century USA Quality Growth Index (the "index"). Under normal market conditions, the fund invests at least 80% of its assets, exclusive of collateral held from securities lending, in the component securities of the underlying index. The index is designed to select securities of large- and mid-capitalization U.S. companies with attractive growth and quality fundamentals.

Grade (RS Rating)

Last Trade

$91.93

Average Daily Volume

48,930

Number of Holdings ^*

178

* may have additional holdings in another (foreign) market

Performance

Period	FFSM	QGRO
30 Days	4.29%	6.21%
60 Days	10.23%	14.66%
90 Days	10.05%	6.06%
12 Months	34.02%	38.23%

20 Overlapping Holdings

Symbol	Grade	Weight in FFSM	Weight in QGRO	Overlap
AIT	B	0.81%	0.17%	0.17%
ALSN	A	0.75%	0.16%	0.16%
AYI	A	0.76%	1.02%	0.76%
CBT	B	0.57%	0.17%	0.17%
CROX	C	1.15%	0.16%	0.16%
DKS	D	0.97%	0.14%	0.14%
EME	B	1.66%	1.67%	1.66%
FN	B	1.26%	0.15%	0.15%
FSS	D	0.63%	0.34%	0.34%
ITT	C	1.12%	0.09%	0.09%
JLL	C	1.05%	1.4%	1.05%
LPX	C	0.61%	0.17%	0.17%
MEDP	F	0.61%	0.8%	0.61%
NSIT	B	1.37%	0.16%	0.16%
PVH	D	0.51%	0.14%	0.14%
TENB	D	0.46%	0.08%	0.08%
UHS	D	1.57%	0.16%	0.16%
USFD	C	1.13%	0.26%	0.26%
VRT	B	0.96%	0.11%	0.11%
WFRD	F	0.42%	0.41%	0.41%

FFSM Overweight 142 Positions Relative to QGRO

Symbol	Grade	Weight
FTI	B	1.52%
ACGL	A	1.47%
MUSA	D	1.45%
TPX	C	1.42%
EXP	C	1.32%
AZO	D	1.24%
AR	C	1.2%
BJ	B	1.19%
MOH	F	1.13%
PFGC	A	1.11%
CACI	A	1.05%
CR	A	1.04%
RRX	B	1.03%
WHD	A	1.02%
ORI	A	0.99%
SN	A	0.99%
TMDX	D	0.97%
SNX	C	0.97%
LNG	A	0.95%
SNV	D	0.94%
DOX	B	0.93%
AIZ	B	0.9%
DFS	A	0.89%
NXST	D	0.79%
RGA	B	0.78%
STX	C	0.77%
VTR	C	0.76%
PNFP	B	0.75%
FAF	C	0.75%
BOOT	B	0.74%
PCG	C	0.74%
TGLS	B	0.74%
SF	A	0.72%
GPK	D	0.72%
FCNCA	D	0.72%
BC	C	0.72%
HLI	A	0.7%
ASGN	D	0.68%
ON	F	0.68%
AEIS	B	0.67%
LBRT	D	0.65%
ACM	A	0.65%
NOG	D	0.65%
BECN	D	0.64%
LPLA	D	0.64%
CADE	B	0.63%
VNT	F	0.63%
KBH	D	0.62%
G	A	0.61%
XPO	F	0.6%
CMC	D	0.59%
WBS	D	0.58%
CAH	B	0.58%
MTSI	B	0.57%
HOLX	D	0.57%
PRI	A	0.56%
AES	C	0.56%
BCO	C	0.55%
ASO	D	0.55%
ESI	C	0.55%
MMS	C	0.55%
CHDN	C	0.55%
STLD	C	0.54%
CIEN	A	0.53%
EPRT	C	0.53%
KBR	A	0.53%
WTFC	B	0.53%
WIX	D	0.52%
EBC	B	0.52%
CNM	F	0.52%
CRL	F	0.52%
AFG	A	0.5%
IESC	A	0.5%
RJF	B	0.5%
GMS	B	0.5%
HAYW	C	0.5%
BOKF	B	0.48%
CWK	D	0.48%
TEX	F	0.47%
NOMD	D	0.45%
PRCT	D	0.44%
EAT	A	0.44%
AXTA	C	0.43%
CNXC	F	0.42%
BLDR	C	0.42%
LITE	A	0.41%
OLN	D	0.4%
LW	D	0.39%
ARGX	C	0.39%
CXT	F	0.38%
IP	C	0.37%
MASI	B	0.35%
AZZ	B	0.35%
RUSHA	D	0.35%
COMP	C	0.34%
GTES	C	0.34%
AMN	F	0.34%
GVA	A	0.33%
LEA	F	0.33%
FBP	B	0.32%
MTB	A	0.3%
LCII	C	0.3%
IBTX	B	0.3%
FLEX	B	0.3%
ARCB	F	0.3%
DOOO	F	0.29%
DIOD	F	0.29%
LAUR	C	0.25%
ALGM	F	0.25%
PCVX	C	0.23%
CRNX	C	0.2%
KFRC	F	0.2%
RGEN	F	0.2%
PATK	A	0.19%
CYTK	D	0.19%
AAP	F	0.18%
MDGL	F	0.18%
ACLX	C	0.16%
XPRO	F	0.16%
VCEL	F	0.15%
NUVL	B	0.14%
CLDX	F	0.13%
OMI	F	0.13%
COGT	B	0.12%
ICLR	F	0.12%
CSTM	F	0.12%
ANAB	D	0.12%
AXSM	D	0.11%
LBPH	D	0.11%
TYRA	C	0.11%
ELVN	A	0.1%
XENE	D	0.09%
AUTL	D	0.09%
TCBK	D	0.08%
VRDN	B	0.08%
PBH	D	0.07%
MRUS	D	0.07%
ARVN	F	0.05%
TXG	F	0.02%
KROS	C	0.01%
ALXO	F	0.0%
ZNTL	F	0.0%

FFSM Underweight 158 Positions Relative to QGRO

Symbol	Grade	Weight
BKNG	B	-3.2%
AMZN	C	-3.19%
VLTO	A	-2.92%
NOW	B	-2.63%
META	A	-2.63%
CSL	A	-2.54%
KMB	D	-2.27%
MRK	F	-2.19%
APP	A	-2.13%
FTNT	A	-2.01%
VRSN	C	-1.94%
NVDA	B	-1.87%
WDAY	D	-1.83%
MANH	A	-1.59%
DCI	B	-1.56%
ADBE	F	-1.55%
QCOM	D	-1.54%
PGR	B	-1.45%
MSFT	D	-1.43%
WMT	A	-1.31%
NFLX	A	-1.25%
ZM	B	-1.23%
SEIC	B	-1.22%
NTNX	C	-1.12%
RMD	C	-1.12%
DOCU	A	-1.1%
UBER	C	-1.05%
NBIX	F	-1.03%
EVR	C	-1.0%
PLTR	A	-0.99%
SKX	B	-0.98%
DBX	C	-0.97%
EXEL	B	-0.96%
GE	B	-0.95%
HRB	C	-0.95%
INGR	B	-0.93%
ANET	A	-0.92%
TXRH	A	-0.89%
PANW	B	-0.89%
AAPL	C	-0.82%
MPWR	B	-0.82%
RL	B	-0.78%
GWW	B	-0.76%
TTD	A	-0.72%
HUBS	D	-0.71%
HWM	A	-0.7%
GOOGL	B	-0.68%
PODD	C	-0.65%
DECK	B	-0.64%
CRUS	D	-0.6%
ALKS	B	-0.6%
HALO	D	-0.57%
TGT	C	-0.57%
PSTG	F	-0.55%
BMRN	F	-0.53%
NET	D	-0.52%
WING	C	-0.52%
TPL	A	-0.46%
WSM	C	-0.45%
CEG	A	-0.4%
AXON	A	-0.4%
ANF	D	-0.4%
QLYS	F	-0.4%
MA	A	-0.39%
ESTC	F	-0.37%
TEAM	D	-0.36%
SM	D	-0.36%
PEGA	B	-0.33%
DDS	D	-0.33%
KNSL	B	-0.32%
SMAR	A	-0.32%
FICO	C	-0.3%
BURL	C	-0.28%
NYT	C	-0.27%
RPM	A	-0.26%
ADSK	B	-0.26%
BMI	A	-0.26%
FLS	A	-0.26%
DVA	C	-0.26%
GAP	F	-0.26%
COKE	C	-0.25%
IDXX	D	-0.25%
THC	D	-0.25%
ROST	D	-0.25%
NEU	F	-0.24%
SFM	A	-0.24%
CL	D	-0.24%
KLAC	B	-0.23%
GLOB	D	-0.23%
SPSC	D	-0.23%
UTHR	C	-0.2%
FFIV	B	-0.18%
ABNB	D	-0.18%
CRM	B	-0.17%
AOS	C	-0.17%
DT	B	-0.17%
JBL	C	-0.17%
EXPE	B	-0.17%
ZTS	C	-0.17%
WTS	C	-0.17%
CAT	A	-0.17%
GDDY	B	-0.16%
MTD	C	-0.16%
MTCH	B	-0.16%
MLI	B	-0.16%
REYN	D	-0.16%
MSM	D	-0.16%
FRHC	A	-0.16%
PAYC	D	-0.16%
LRCX	D	-0.15%
LECO	D	-0.15%
TEL	D	-0.15%
COLM	B	-0.15%
MAT	B	-0.15%
LULU	D	-0.15%
AMAT	C	-0.15%
REGN	D	-0.14%
DUOL	B	-0.14%
VLO	F	-0.14%
TT	A	-0.12%
GEV	A	-0.12%
TRGP	A	-0.11%
CRS	B	-0.1%
COST	C	-0.1%
AAON	A	-0.1%
TOST	B	-0.1%
FIX	A	-0.1%
MCO	D	-0.09%
ALNY	C	-0.09%
ROL	C	-0.09%
FE	C	-0.09%
TMUS	A	-0.09%
BKR	B	-0.09%
ECL	C	-0.09%
AXS	A	-0.09%
TW	A	-0.09%
ATR	A	-0.09%
RYAN	A	-0.09%
CTAS	C	-0.09%
MMSI	C	-0.09%
SBAC	C	-0.09%
BSX	A	-0.09%
AXP	A	-0.09%
LII	C	-0.09%
CHRW	C	-0.09%
MORN	B	-0.09%
IT	A	-0.09%
EXPO	A	-0.09%
CMG	C	-0.09%
INSP	C	-0.09%
BRBR	A	-0.09%
PWR	A	-0.09%
WAB	A	-0.09%
PEN	D	-0.08%
GRMN	D	-0.08%
APH	D	-0.08%
TJX	D	-0.08%
DDOG	B	-0.08%