FHEQ vs. BKLC ETF Comparison

Comparison of Fidelity Hedged Equity ETF (FHEQ) to BNY Mellon US Large Cap Core Equity ETF (BKLC)

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.56

Average Daily Volume

23,672

Number of Holdings ^*

169

* may have additional holdings in another (foreign) market

BKLC

BNY Mellon US Large Cap Core Equity ETF

BKLC Description

The investment seeks to track the performance of the Morningstar US Large Cap IndexSM. Under normal circumstances, the fund generally invests in all of the stocks in the index in proportion to their weighting in the index. The index is a float-adjusted market capitalization weighted index designed to measure the performance of U.S. large-capitalization stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$111.84

Average Daily Volume

121,062

Number of Holdings ^*

497

* may have additional holdings in another (foreign) market

Performance

Period	FHEQ	BKLC
30 Days	0.33%	0.83%
60 Days	3.96%	4.84%
90 Days	4.83%	6.51%
12 Months		31.82%

134 Overlapping Holdings

Symbol	Grade	Weight in FHEQ	Weight in BKLC	Overlap
AAPL	C	7.05%	6.35%	6.35%
ABBV	F	1.0%	0.7%	0.7%
ADBE	F	0.96%	0.44%	0.44%
ADP	B	0.16%	0.25%	0.16%
ALL	A	0.07%	0.1%	0.07%
AMAT	F	0.75%	0.31%	0.31%
AME	A	0.1%	0.09%	0.09%
AMGN	D	0.26%	0.34%	0.26%
AMT	D	0.21%	0.18%	0.18%
AMZN	B	3.61%	3.8%	3.61%
ANET	C	0.08%	0.2%	0.08%
AVGO	C	1.73%	1.61%	1.61%
AXP	A	0.42%	0.34%	0.34%
BAC	A	1.13%	0.61%	0.61%
BAH	D	0.12%	0.04%	0.04%
BDX	F	0.59%	0.14%	0.14%
BIIB	F	0.22%	0.04%	0.04%
BK	A	0.35%	0.12%	0.12%
BMY	B	0.77%	0.22%	0.22%
BRK.A	A	2.12%	1.2%	1.2%
C	A	0.53%	0.25%	0.25%
CAH	B	0.42%	0.06%	0.06%
CAT	B	0.48%	0.41%	0.41%
CCL	A	0.05%	0.05%	0.05%
CI	D	0.65%	0.18%	0.18%
CINF	A	0.12%	0.05%	0.05%
CL	D	0.55%	0.15%	0.15%
CLX	A	0.19%	0.04%	0.04%
CMCSA	B	0.83%	0.35%	0.35%
CME	A	0.36%	0.16%	0.16%
CMG	B	0.55%	0.16%	0.16%
CNC	F	0.06%	0.07%	0.06%
COST	B	0.45%	0.79%	0.45%
CRM	A	1.23%	0.57%	0.57%
CSCO	B	0.8%	0.46%	0.46%
CSX	B	0.58%	0.15%	0.15%
CTAS	B	0.67%	0.15%	0.15%
CVNA	A	0.51%	0.04%	0.04%
CVS	F	0.21%	0.15%	0.15%
CVX	A	0.02%	0.52%	0.02%
DASH	B	0.12%	0.11%	0.11%
DIS	A	0.42%	0.36%	0.36%
DOC	D	0.08%	0.03%	0.03%
DVN	F	0.51%	0.05%	0.05%
ECL	D	0.61%	0.12%	0.12%
ED	D	0.04%	0.07%	0.04%
EOG	A	0.27%	0.15%	0.15%
ETN	A	0.15%	0.28%	0.15%
F	C	0.14%	0.09%	0.09%
FTNT	A	0.14%	0.1%	0.1%
GE	D	0.45%	0.39%	0.39%
GEHC	D	0.17%	0.07%	0.07%
GILD	B	0.77%	0.22%	0.22%
GOOG	B	1.98%	1.84%	1.84%
GOOGL	B	2.05%	2.05%	2.05%
GRMN	B	0.31%	0.06%	0.06%
HD	A	1.27%	0.76%	0.76%
HLT	A	0.18%	0.13%	0.13%
HWM	A	0.27%	0.09%	0.09%
IDXX	F	0.18%	0.07%	0.07%
IFF	D	0.05%	0.05%	0.05%
INCY	B	0.28%	0.03%	0.03%
JNJ	D	0.59%	0.75%	0.59%
JPM	A	1.75%	1.4%	1.4%
KLAC	F	0.57%	0.18%	0.18%
KR	B	0.11%	0.08%	0.08%
L	A	0.07%	0.03%	0.03%
LDOS	C	0.39%	0.04%	0.04%
LHX	B	0.21%	0.1%	0.1%
LLY	F	0.84%	1.3%	0.84%
LMT	D	0.73%	0.27%	0.27%
LPLA	A	0.03%	0.05%	0.03%
LRCX	F	0.24%	0.2%	0.2%
MA	A	1.33%	0.86%	0.86%
MDLZ	F	0.07%	0.18%	0.07%
META	C	2.96%	2.49%	2.49%
MGM	D	0.15%	0.02%	0.02%
MMC	C	0.52%	0.22%	0.22%
MMM	D	0.22%	0.14%	0.14%
MRK	F	0.66%	0.5%	0.5%
MS	A	0.16%	0.33%	0.16%
MSCI	A	0.49%	0.09%	0.09%
MSFT	D	5.62%	6.09%	5.62%
MSI	A	0.24%	0.16%	0.16%
MU	D	0.53%	0.24%	0.24%
NEE	C	0.69%	0.29%	0.29%
NFLX	A	1.21%	0.66%	0.66%
NOC	D	0.59%	0.16%	0.16%
NOW	B	0.34%	0.4%	0.34%
NSC	B	0.26%	0.12%	0.12%
NUE	D	0.33%	0.08%	0.08%
NVDA	B	7.54%	6.79%	6.79%
ORCL	A	0.04%	0.56%	0.04%
PCAR	B	0.43%	0.11%	0.11%
PFE	F	0.58%	0.3%	0.3%
PG	C	0.82%	0.75%	0.75%
PGR	B	0.64%	0.3%	0.3%
PM	A	0.85%	0.38%	0.38%
PPG	F	0.32%	0.06%	0.06%
PSA	C	0.18%	0.1%	0.1%
PYPL	A	0.54%	0.17%	0.17%
QCOM	F	0.82%	0.38%	0.38%
ROST	D	0.1%	0.09%	0.09%
RSG	B	0.04%	0.09%	0.04%
RTX	D	0.45%	0.32%	0.32%
SCCO	F	0.04%	0.02%	0.02%
SCHW	A	0.53%	0.22%	0.22%
SPG	A	0.15%	0.11%	0.11%
SPGI	C	0.41%	0.31%	0.31%
SQ	A	0.6%	0.09%	0.09%
STLD	B	0.05%	0.05%	0.05%
T	A	0.63%	0.31%	0.31%
TJX	A	0.72%	0.27%	0.27%
TMO	D	0.28%	0.42%	0.28%
TMUS	A	0.07%	0.23%	0.07%
TROW	A	0.22%	0.06%	0.06%
TRV	A	0.52%	0.11%	0.11%
TSLA	B	1.15%	1.57%	1.15%
TT	A	0.68%	0.18%	0.18%
UBER	C	0.14%	0.3%	0.14%
UNH	B	0.58%	1.09%	0.58%
UNP	D	0.73%	0.3%	0.3%
V	A	0.46%	0.97%	0.46%
VEEV	C	0.13%	0.06%	0.06%
VST	A	0.1%	0.08%	0.08%
VZ	C	0.2%	0.34%	0.2%
WDAY	B	0.16%	0.1%	0.1%
WM	B	0.38%	0.17%	0.17%
WMT	A	0.79%	0.72%	0.72%
WTW	B	0.31%	0.07%	0.07%
XEL	A	0.2%	0.07%	0.07%
XOM	B	1.51%	1.07%	1.07%
ZBRA	B	0.48%	0.04%	0.04%
ZM	B	0.57%	0.04%	0.04%

FHEQ Overweight 35 Positions Relative to BKLC

Symbol	Grade	Weight
SEIC	A	0.54%
DBX	C	0.53%
EXEL	B	0.5%
TXT	D	0.49%
IGT	F	0.49%
ALLE	D	0.4%
CACI	C	0.37%
MEDP	D	0.35%
TDC	F	0.34%
ANF	C	0.33%
SKYW	A	0.3%
ALRM	C	0.26%
GL	B	0.2%
DOCU	A	0.2%
GAP	C	0.18%
LNW	D	0.18%
PEGA	B	0.17%
FTI	A	0.17%
TPH	D	0.15%
SOLV	C	0.13%
GEN	B	0.13%
QRVO	F	0.11%
NBIX	D	0.11%
PLTK	A	0.1%
UHS	D	0.08%
LYFT	B	0.07%
BCC	B	0.07%
BBWI	C	0.07%
UTHR	B	0.06%
CRUS	F	0.06%
MHO	D	0.02%
TWLO	A	0.02%
UNM	A	0.01%
NWL	B	0.01%
OGE	A	0.01%

FHEQ Underweight 363 Positions Relative to BKLC

Symbol	Grade	Weight
WFC	A	-0.5%
KO	D	-0.49%
ACN	C	-0.47%
AMD	F	-0.46%
LIN	D	-0.45%
PEP	F	-0.45%
MCD	D	-0.43%
GS	A	-0.39%
ABT	B	-0.39%
TXN	C	-0.38%
IBM	D	-0.38%
ISRG	A	-0.36%
INTU	A	-0.35%
BKNG	A	-0.35%
DHR	D	-0.32%
LOW	A	-0.3%
HON	A	-0.28%
COP	C	-0.26%
FI	A	-0.25%
BSX	B	-0.25%
VRTX	C	-0.25%
PANW	B	-0.24%
BX	A	-0.24%
CB	C	-0.23%
SYK	A	-0.23%
MDT	D	-0.23%
PLTR	A	-0.22%
ADI	D	-0.22%
INTC	C	-0.21%
SBUX	A	-0.21%
PLD	D	-0.21%
ELV	F	-0.2%
KKR	A	-0.2%
DE	D	-0.2%
SO	C	-0.19%
MO	A	-0.19%
UPS	C	-0.19%
MELI	D	-0.19%
PH	A	-0.18%
SHW	B	-0.18%
GEV	A	-0.18%
NKE	D	-0.18%
BA	F	-0.17%
DUK	C	-0.17%
SNPS	C	-0.17%
REGN	F	-0.17%
ICE	D	-0.17%
APH	B	-0.17%
MRVL	B	-0.16%
ZTS	D	-0.16%
CDNS	B	-0.16%
ITW	B	-0.16%
EQIX	B	-0.16%
MCO	C	-0.15%
MCK	A	-0.15%
ORLY	A	-0.15%
CEG	D	-0.15%
AON	A	-0.15%
TDG	D	-0.15%
WELL	A	-0.15%
PNC	A	-0.15%
HCA	D	-0.14%
MAR	A	-0.14%
GD	D	-0.14%
EMR	A	-0.14%
COF	A	-0.14%
USB	B	-0.14%
CRWD	B	-0.14%
CARR	D	-0.13%
AJG	A	-0.13%
FDX	A	-0.13%
ADSK	B	-0.13%
APD	A	-0.13%
GM	A	-0.13%
FCX	F	-0.13%
TGT	D	-0.13%
APO	A	-0.13%
WMB	A	-0.13%
AMP	A	-0.12%
TFC	A	-0.12%
URI	B	-0.12%
ABNB	C	-0.12%
SLB	C	-0.12%
OKE	A	-0.12%
ROP	C	-0.12%
SRE	A	-0.11%
DLR	A	-0.11%
SPOT	A	-0.11%
AIG	B	-0.11%
MPC	D	-0.11%
PSX	C	-0.11%
TTD	B	-0.11%
AFL	C	-0.11%
AZO	C	-0.11%
GWW	A	-0.1%
MET	A	-0.1%
AEP	C	-0.1%
RCL	A	-0.1%
COIN	A	-0.1%
FIS	B	-0.1%
CMI	A	-0.1%
DHI	D	-0.1%
NEM	F	-0.1%
JCI	A	-0.1%
KMI	A	-0.1%
KVUE	A	-0.09%
ODFL	B	-0.09%
PEG	C	-0.09%
DFS	A	-0.09%
VLO	C	-0.09%
LNG	A	-0.09%
PCG	A	-0.09%
D	C	-0.09%
FAST	B	-0.09%
PWR	A	-0.09%
PRU	A	-0.09%
O	D	-0.09%
PAYX	B	-0.09%
FICO	A	-0.09%
CPRT	A	-0.09%
EXC	C	-0.08%
VMC	B	-0.08%
MCHP	F	-0.08%
GLW	B	-0.08%
HES	B	-0.08%
DAL	A	-0.08%
EW	C	-0.08%
MLM	B	-0.08%
VRSK	B	-0.08%
SYY	D	-0.08%
CTSH	B	-0.08%
IQV	F	-0.08%
COR	B	-0.08%
TRGP	A	-0.08%
CBRE	B	-0.08%
FLUT	A	-0.08%
IR	A	-0.08%
MSTR	B	-0.08%
A	D	-0.08%
VRT	A	-0.08%
IT	B	-0.08%
EA	A	-0.08%
KMB	C	-0.08%
OTIS	D	-0.08%
CCI	D	-0.08%
LEN	D	-0.08%
CTVA	D	-0.08%
BKR	A	-0.08%
APP	A	-0.07%
HUM	F	-0.07%
LULU	C	-0.07%
EBAY	D	-0.07%
EXR	C	-0.07%
ROK	A	-0.07%
ALNY	D	-0.07%
FITB	A	-0.07%
MNST	D	-0.07%
TEAM	A	-0.07%
ACGL	C	-0.07%
WAB	B	-0.07%
HIG	C	-0.07%
DOW	F	-0.07%
GIS	D	-0.07%
OXY	F	-0.07%
DDOG	B	-0.07%
CHTR	B	-0.07%
MPWR	F	-0.07%
HPQ	B	-0.07%
SNOW	C	-0.07%
RMD	C	-0.07%
STZ	D	-0.07%
MTB	A	-0.07%
YUM	D	-0.07%
DELL	C	-0.07%
ARES	B	-0.06%
HBAN	A	-0.06%
GPN	B	-0.06%
RBLX	B	-0.06%
FCNCA	A	-0.06%
HUBS	A	-0.06%
NET	C	-0.06%
KEYS	C	-0.06%
ANSS	B	-0.06%
FANG	D	-0.06%
XYL	D	-0.06%
CSGP	F	-0.06%
DOV	A	-0.06%
ON	F	-0.06%
AXON	A	-0.06%
EIX	C	-0.06%
IRM	D	-0.06%
MTD	F	-0.06%
AVB	A	-0.06%
VICI	C	-0.06%
RJF	A	-0.06%
EFX	F	-0.06%
TSCO	D	-0.06%
KDP	D	-0.06%
WEC	A	-0.06%
STT	A	-0.06%
DD	D	-0.06%
ETR	A	-0.06%
K	B	-0.05%
WY	D	-0.05%
ES	C	-0.05%
FE	C	-0.05%
AEE	A	-0.05%
SW	A	-0.05%
DECK	A	-0.05%
WST	C	-0.05%
GDDY	A	-0.05%
HUBB	B	-0.05%
MKL	A	-0.05%
NTRS	A	-0.05%
ZBH	C	-0.05%
CPAY	A	-0.05%
TYL	B	-0.05%
WAT	B	-0.05%
KHC	F	-0.05%
BRO	B	-0.05%
ILMN	C	-0.05%
CHD	A	-0.05%
NTAP	D	-0.05%
PPL	A	-0.05%
ADM	D	-0.05%
CFG	A	-0.05%
BR	A	-0.05%
FTV	D	-0.05%
RF	A	-0.05%
VTR	C	-0.05%
PHM	D	-0.05%
CPNG	C	-0.05%
DXCM	C	-0.05%
UAL	A	-0.05%
HAL	C	-0.05%
CDW	F	-0.05%
AWK	C	-0.05%
TTWO	A	-0.05%
HSY	F	-0.05%
EQR	C	-0.05%
HPE	B	-0.05%
DTE	C	-0.05%
NDAQ	A	-0.05%
SYF	A	-0.05%
WBD	B	-0.04%
MDB	C	-0.04%
WRB	A	-0.04%
IBKR	A	-0.04%
CTRA	A	-0.04%
TSN	A	-0.04%
ZS	B	-0.04%
TRMB	A	-0.04%
BBY	C	-0.04%
FDS	A	-0.04%
MAA	A	-0.04%
LUV	A	-0.04%
LYV	A	-0.04%
INVH	D	-0.04%
CNP	A	-0.04%
ESS	A	-0.04%
MOH	F	-0.04%
DKNG	B	-0.04%
BALL	D	-0.04%
BAX	F	-0.04%
STX	D	-0.04%
ATO	A	-0.04%
CBOE	D	-0.04%
MKC	D	-0.04%
FSLR	F	-0.04%
VLTO	D	-0.04%
DRI	B	-0.04%
CMS	C	-0.04%
ARE	D	-0.04%
TRU	D	-0.04%
PINS	F	-0.04%
BLDR	D	-0.04%
PFG	C	-0.04%
LH	B	-0.04%
OMC	C	-0.04%
HOLX	D	-0.04%
PTC	B	-0.04%
CSL	B	-0.04%
STE	D	-0.04%
TDY	B	-0.04%
WDC	F	-0.04%
EXPE	A	-0.04%
SBAC	D	-0.04%
LYB	F	-0.04%
NVR	D	-0.04%
EG	D	-0.03%
JBL	C	-0.03%
DLTR	F	-0.03%
NDSN	B	-0.03%
HEI	A	-0.03%
TW	B	-0.03%
WSO	A	-0.03%
LNT	A	-0.03%
WSM	F	-0.03%
SWK	F	-0.03%
VTRS	A	-0.03%
JBHT	B	-0.03%
SWKS	F	-0.03%
APTV	F	-0.03%
HOOD	A	-0.03%
ROL	A	-0.03%
AKAM	F	-0.03%
CF	A	-0.03%
RS	B	-0.03%
VRSN	D	-0.03%
ENTG	F	-0.03%
AMCR	C	-0.03%
AVTR	F	-0.03%
MRO	A	-0.03%
CAG	F	-0.03%
DG	F	-0.03%
PSTG	F	-0.03%
LVS	C	-0.03%
ALGN	D	-0.03%
EVRG	A	-0.03%
EQT	A	-0.03%
RVTY	D	-0.03%
MRNA	F	-0.03%
SSNC	D	-0.03%
AVY	D	-0.03%
SUI	D	-0.03%
TER	F	-0.03%
EXPD	D	-0.03%
LII	B	-0.03%
IEX	B	-0.03%
GPC	D	-0.03%
DGX	A	-0.03%
J	D	-0.03%
ULTA	D	-0.03%
ERIE	F	-0.02%
HRL	D	-0.02%
OWL	A	-0.02%
CPB	D	-0.02%
BSY	D	-0.02%
CE	F	-0.02%
ENPH	F	-0.02%
IOT	B	-0.02%
DOX	D	-0.02%
FOXA	A	-0.02%
BG	D	-0.02%
SNAP	D	-0.02%
SMCI	F	-0.02%
RPRX	F	-0.02%
EL	F	-0.02%
BXP	D	-0.02%
HEI	A	-0.02%
BMRN	F	-0.02%
OKTA	D	-0.02%
GFS	C	-0.01%
WLK	F	-0.01%
WMG	B	-0.01%
CELH	F	-0.01%
AGR	A	-0.01%
TKO	C	-0.01%
FOX	A	-0.01%
SIRI	C	-0.0%
LEN	D	-0.0%
RKT	F	-0.0%
EDR	A	-0.0%