FHEQ vs. FEUS ETF Comparison

Comparison of Fidelity Hedged Equity ETF (FHEQ) to FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS)

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

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

FEUS

FlexShares ESG & Climate US Large Cap Core Index Fund

FEUS Description

FlexShares ESG & Climate US Large Cap Core Index Fund is an exchange traded indexed fund launched by Northern Trust Corporation. It is managed by Northern Trust Investments, Incorporated. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across large market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Northern Trust ESG & Climate US Large Cap Core Index, by using representative sampling technique. FlexShares ESG & Climate US Large Cap Core Index Fund was formed on September 20, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$66.92

Average Daily Volume

1,485

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

Performance

Period	FHEQ	FEUS
30 Days	2.51%	2.93%
60 Days	3.80%	4.29%
90 Days	4.54%	6.05%
12 Months		31.07%

63 Overlapping Holdings

Symbol	Grade	Weight in FHEQ	Weight in FEUS	Overlap
AAPL	C	7.31%	6.68%	6.68%
ADBE	C	0.93%	1.11%	0.93%
ADP	B	0.16%	1.03%	0.16%
AMAT	F	0.7%	0.86%	0.7%
AMGN	D	0.24%	0.92%	0.24%
AMZN	C	3.64%	4.53%	3.64%
AVGO	D	1.49%	0.48%	0.48%
AXP	A	0.43%	1.11%	0.43%
BIIB	F	0.21%	0.23%	0.21%
BLD	D	0.05%	0.11%	0.05%
BLK	C	0.23%	0.25%	0.23%
BMY	B	0.68%	0.05%	0.05%
BRK.A	B	2.19%	0.65%	0.65%
C	A	0.54%	0.33%	0.33%
CI	F	0.63%	0.84%	0.63%
CL	D	0.58%	0.67%	0.58%
CLX	B	0.2%	0.19%	0.19%
CMCSA	B	0.83%	0.67%	0.67%
CRM	B	1.09%	1.47%	1.09%
CSCO	B	0.79%	0.1%	0.1%
CSX	B	0.43%	0.66%	0.43%
CTAS	B	0.66%	0.73%	0.66%
CVS	D	0.22%	0.65%	0.22%
CVX	A	0.02%	0.05%	0.02%
DIS	B	0.57%	0.87%	0.57%
ECL	D	0.62%	0.61%	0.61%
GILD	C	0.73%	0.48%	0.48%
GOOG	C	1.74%	2.44%	1.74%
GOOGL	C	2.02%	2.7%	2.02%
HD	A	1.32%	0.46%	0.46%
JNJ	D	0.61%	1.35%	0.61%
JPM	A	1.82%	2.1%	1.82%
KR	B	0.11%	0.38%	0.11%
LLY	F	0.76%	0.42%	0.42%
MA	C	1.34%	1.59%	1.34%
MDLZ	F	0.07%	0.06%	0.06%
META	D	2.87%	1.66%	1.66%
MRK	F	0.69%	0.97%	0.69%
MS	A	0.16%	1.18%	0.16%
MSCI	C	0.49%	0.44%	0.44%
MSFT	F	5.64%	6.4%	5.64%
NEE	D	0.73%	0.04%	0.04%
NOW	A	0.34%	0.8%	0.34%
NSC	B	0.26%	0.56%	0.26%
NVDA	C	7.27%	7.67%	7.27%
PFE	D	0.56%	0.87%	0.56%
PG	A	0.87%	0.8%	0.8%
PPG	F	0.34%	0.03%	0.03%
PYPL	B	0.54%	0.79%	0.54%
QCOM	F	0.84%	0.55%	0.55%
SPGI	C	0.28%	1.01%	0.28%
TJX	A	0.73%	0.21%	0.21%
TSLA	B	1.26%	2.69%	1.26%
TT	A	0.69%	0.89%	0.69%
UNH	C	0.57%	0.11%	0.11%
UNP	C	0.73%	0.93%	0.73%
V	A	0.47%	1.78%	0.47%
VZ	C	0.18%	0.76%	0.18%
WDAY	B	0.16%	0.54%	0.16%
WM	A	0.38%	0.71%	0.38%
WMT	A	0.8%	0.84%	0.8%
XOM	B	1.54%	0.09%	0.09%
ZM	B	0.52%	0.19%	0.19%

FHEQ Overweight 105 Positions Relative to FEUS

Symbol	Grade	Weight
NFLX	A	1.26%
BAC	A	1.17%
ABBV	D	1.0%
PM	B	0.92%
LMT	D	0.69%
T	A	0.67%
PGR	A	0.63%
SQ	B	0.59%
BDX	F	0.59%
NOC	D	0.56%
SCHW	B	0.56%
SEIC	B	0.54%
KLAC	D	0.54%
DVN	F	0.53%
CVNA	B	0.52%
MMC	B	0.52%
TXT	D	0.51%
DBX	B	0.51%
CMG	B	0.49%
TRV	B	0.49%
CAT	B	0.48%
MU	D	0.47%
ZBRA	B	0.47%
GE	D	0.45%
IGT	F	0.45%
COST	B	0.45%
ALLE	D	0.44%
RTX	C	0.44%
EOG	A	0.43%
EXEL	B	0.43%
PCAR	B	0.42%
CAH	B	0.4%
ALRM	C	0.4%
CME	A	0.37%
BK	A	0.36%
TDC	D	0.35%
ANF	C	0.33%
LDOS	C	0.32%
NUE	C	0.32%
MEDP	D	0.31%
GRMN	B	0.31%
CACI	D	0.3%
TMUS	B	0.29%
SKYW	B	0.29%
HWM	A	0.27%
INCY	C	0.27%
MSI	B	0.26%
TMO	F	0.26%
IDXX	F	0.26%
FTNT	C	0.24%
AMT	D	0.24%
TROW	B	0.23%
LRCX	F	0.23%
LHX	C	0.23%
AME	A	0.22%
MGM	D	0.22%
MMM	D	0.22%
XEL	A	0.21%
RSG	A	0.2%
GL	B	0.2%
PSA	D	0.19%
GAP	C	0.18%
DOCU	A	0.18%
HLT	A	0.18%
GEHC	F	0.17%
LNW	D	0.17%
FTI	A	0.17%
SPG	B	0.16%
PEGA	A	0.16%
F	C	0.15%
TPH	D	0.15%
ETN	A	0.15%
WFC	A	0.15%
UBER	D	0.14%
GEN	B	0.13%
DASH	A	0.12%
VEEV	C	0.12%
CINF	A	0.12%
SOLV	C	0.12%
NBIX	C	0.11%
BBWI	D	0.11%
QRVO	F	0.11%
VST	B	0.11%
ROST	C	0.1%
PLTK	B	0.1%
MKL	A	0.09%
BAH	F	0.09%
ANET	C	0.08%
DOC	D	0.08%
ALL	A	0.07%
BCC	B	0.07%
L	A	0.07%
TENB	C	0.06%
CRUS	D	0.06%
LYFT	C	0.06%
UTHR	C	0.05%
ORCL	B	0.04%
QGEN	D	0.04%
SCCO	F	0.04%
LPLA	A	0.03%
MHO	D	0.02%
TWLO	A	0.02%
UNM	A	0.01%
NWL	B	0.01%
OGE	B	0.01%

FHEQ Underweight 73 Positions Relative to FEUS

Symbol	Grade	Weight
IBM	C	-1.12%
PEP	F	-1.09%
BSX	B	-1.02%
INTC	D	-1.01%
DE	A	-0.83%
EQIX	A	-0.81%
NKE	D	-0.8%
PLD	D	-0.79%
MCO	B	-0.75%
ACN	C	-0.72%
TGT	F	-0.67%
ELV	F	-0.66%
WMB	A	-0.64%
SHW	A	-0.61%
REGN	F	-0.61%
OKE	A	-0.6%
MDT	D	-0.59%
SLB	C	-0.58%
CB	C	-0.57%
MPC	D	-0.52%
ABNB	C	-0.52%
CMI	A	-0.48%
MET	A	-0.47%
PAYX	C	-0.45%
NEM	D	-0.44%
PCG	A	-0.41%
JCI	C	-0.41%
LNG	B	-0.4%
SYY	B	-0.36%
EXC	C	-0.36%
HPQ	B	-0.34%
DELL	C	-0.34%
ADSK	A	-0.33%
BKNG	A	-0.33%
PEG	A	-0.33%
FI	A	-0.32%
WAB	B	-0.32%
HIG	B	-0.32%
HUM	C	-0.32%
ED	D	-0.31%
EBAY	D	-0.29%
TSCO	D	-0.28%
HPE	B	-0.27%
AWK	D	-0.25%
NDAQ	A	-0.25%
EXPE	B	-0.22%
WY	D	-0.21%
ILMN	D	-0.21%
ES	D	-0.2%
FSLR	F	-0.19%
ULTA	F	-0.18%
EQT	B	-0.17%
LVS	C	-0.17%
WSM	B	-0.15%
OC	A	-0.15%
AVB	B	-0.14%
EL	F	-0.14%
AVY	D	-0.14%
AKAM	D	-0.13%
VLO	C	-0.13%
XYL	D	-0.12%
AFL	B	-0.11%
HST	C	-0.11%
BXP	D	-0.11%
IPG	D	-0.1%
CNH	C	-0.09%
LULU	C	-0.08%
ENPH	F	-0.08%
MTD	D	-0.07%
LOW	D	-0.05%
HUBB	B	-0.03%
MAR	B	-0.03%
EFX	F	-0.02%