FHEQ vs. SEIV ETF Comparison

Comparison of Fidelity Hedged Equity ETF (FHEQ) to SEI Enhanced U.S. Large Cap Value Factor ETF (SEIV)

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

$27.66

Average Daily Volume

23,917

Number of Holdings ^*

169

* may have additional holdings in another (foreign) market

SEIV

SEI Enhanced U.S. Large Cap Value Factor ETF

SEIV Description

SEI Enhanced U.S. Large Cap Value Factor ETF is an exchange traded fund launched and managed by SEI Investments Management Corporation. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. It employs quantitative analysis to create its portfolio. SEI Enhanced U.S. Large Cap Value Factor ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$34.04

Average Daily Volume

28,801

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	FHEQ	SEIV
30 Days	0.69%	1.46%
60 Days	3.18%	4.64%
90 Days	4.08%	7.00%
12 Months		31.08%

36 Overlapping Holdings

Symbol	Grade	Weight in FHEQ	Weight in SEIV	Overlap
AAPL	C	7.05%	3.51%	3.51%
AMZN	B	3.61%	0.49%	0.49%
BMY	A	0.77%	0.7%	0.7%
CAH	B	0.42%	2.35%	0.42%
CCL	A	0.05%	2.16%	0.05%
CI	D	0.65%	0.69%	0.65%
CMCSA	B	0.83%	1.16%	0.83%
CRUS	F	0.06%	0.48%	0.06%
CSCO	B	0.8%	1.06%	0.8%
CVX	A	0.02%	0.08%	0.02%
DBX	C	0.53%	0.5%	0.5%
F	C	0.14%	0.34%	0.14%
GEHC	D	0.17%	0.09%	0.09%
GEN	B	0.13%	0.49%	0.13%
GILD	C	0.77%	1.3%	0.77%
GOOG	B	1.98%	2.35%	1.98%
GOOGL	B	2.05%	2.2%	2.05%
JNJ	D	0.59%	1.36%	0.59%
KR	B	0.11%	2.26%	0.11%
LDOS	C	0.39%	1.76%	0.39%
META	C	2.96%	0.45%	0.45%
MSFT	D	5.62%	3.38%	3.38%
NUE	D	0.33%	0.34%	0.33%
NVDA	A	7.54%	2.57%	2.57%
ORCL	A	0.04%	0.1%	0.04%
PCAR	C	0.43%	0.09%	0.09%
QCOM	F	0.82%	2.02%	0.82%
SOLV	F	0.13%	0.15%	0.13%
STLD	B	0.05%	0.06%	0.05%
T	A	0.63%	2.31%	0.63%
TDC	D	0.34%	0.05%	0.05%
UHS	D	0.08%	0.09%	0.08%
UNM	A	0.01%	1.23%	0.01%
VST	A	0.1%	0.01%	0.01%
VZ	C	0.2%	2.04%	0.2%
ZM	B	0.57%	0.25%	0.25%

FHEQ Overweight 133 Positions Relative to SEIV

Symbol	Grade	Weight
BRK.A	B	2.12%
JPM	A	1.75%
AVGO	C	1.73%
XOM	B	1.51%
MA	B	1.33%
HD	A	1.27%
CRM	B	1.23%
NFLX	A	1.21%
TSLA	A	1.15%
BAC	A	1.13%
ABBV	F	1.0%
ADBE	D	0.96%
PM	A	0.85%
LLY	F	0.84%
PG	C	0.82%
WMT	A	0.79%
AMAT	F	0.75%
LMT	D	0.73%
UNP	D	0.73%
TJX	A	0.72%
NEE	C	0.69%
TT	A	0.68%
CTAS	B	0.67%
MRK	F	0.66%
PGR	B	0.64%
ECL	D	0.61%
SQ	A	0.6%
BDX	F	0.59%
NOC	D	0.59%
CSX	C	0.58%
UNH	C	0.58%
PFE	F	0.58%
KLAC	F	0.57%
CL	D	0.55%
CMG	C	0.55%
SEIC	B	0.54%
PYPL	B	0.54%
SCHW	A	0.53%
C	B	0.53%
MU	D	0.53%
MMC	D	0.52%
TRV	A	0.52%
DVN	F	0.51%
CVNA	A	0.51%
EXEL	B	0.5%
TXT	D	0.49%
IGT	F	0.49%
MSCI	B	0.49%
CAT	C	0.48%
ZBRA	B	0.48%
V	A	0.46%
RTX	D	0.45%
COST	A	0.45%
GE	D	0.45%
DIS	B	0.42%
AXP	B	0.42%
SPGI	D	0.41%
ALLE	D	0.4%
WM	B	0.38%
CACI	C	0.37%
CME	A	0.36%
BK	B	0.35%
MEDP	D	0.35%
NOW	B	0.34%
ANF	C	0.33%
PPG	F	0.32%
WTW	B	0.31%
GRMN	B	0.31%
SKYW	B	0.3%
TMO	F	0.28%
INCY	C	0.28%
HWM	A	0.27%
EOG	A	0.27%
AMGN	D	0.26%
ALRM	C	0.26%
NSC	B	0.26%
LRCX	F	0.24%
MSI	B	0.24%
MMM	D	0.22%
BIIB	F	0.22%
TROW	B	0.22%
CVS	F	0.21%
LHX	B	0.21%
AMT	D	0.21%
GL	C	0.2%
DOCU	B	0.2%
XEL	A	0.2%
CLX	A	0.19%
GAP	D	0.18%
IDXX	F	0.18%
HLT	A	0.18%
PSA	C	0.18%
LNW	F	0.18%
PEGA	B	0.17%
FTI	A	0.17%
MS	A	0.16%
ADP	B	0.16%
WDAY	C	0.16%
TPH	D	0.15%
MGM	D	0.15%
ETN	B	0.15%
SPG	A	0.15%
UBER	F	0.14%
FTNT	B	0.14%
VEEV	C	0.13%
BAH	D	0.12%
DASH	A	0.12%
CINF	A	0.12%
QRVO	F	0.11%
NBIX	C	0.11%
ROST	D	0.1%
AME	A	0.1%
PLTK	B	0.1%
ANET	C	0.08%
DOC	D	0.08%
ALL	A	0.07%
LYFT	C	0.07%
BCC	C	0.07%
L	A	0.07%
TMUS	B	0.07%
MDLZ	F	0.07%
BBWI	C	0.07%
UTHR	C	0.06%
CNC	F	0.06%
IFF	D	0.05%
RSG	A	0.04%
SCCO	F	0.04%
ED	C	0.04%
LPLA	A	0.03%
MHO	D	0.02%
TWLO	A	0.02%
NWL	B	0.01%
OGE	A	0.01%

FHEQ Underweight 76 Positions Relative to SEIV

Symbol	Grade	Weight
MCK	A	-2.91%
SYF	B	-2.55%
GM	B	-2.41%
IBM	C	-2.31%
MO	A	-2.23%
HPQ	B	-2.08%
DAL	A	-1.92%
NTAP	C	-1.91%
AIG	C	-1.84%
NRG	B	-1.75%
PHM	D	-1.67%
HPE	B	-1.35%
RGA	B	-1.34%
EXPE	B	-1.25%
FFIV	B	-1.2%
CTSH	C	-1.07%
SWKS	F	-1.04%
THC	C	-1.03%
DOX	D	-0.93%
HRB	D	-0.92%
INGR	B	-0.89%
ALLY	C	-0.89%
LYB	F	-0.87%
VTRS	A	-0.87%
TSN	B	-0.79%
USFD	A	-0.75%
ALSN	B	-0.73%
ARW	F	-0.72%
KHC	F	-0.7%
CRBG	B	-0.7%
OXY	F	-0.68%
AMG	C	-0.67%
MTG	D	-0.67%
MKSI	C	-0.66%
BG	D	-0.64%
AAL	B	-0.63%
INTC	C	-0.61%
SSNC	C	-0.61%
BERY	D	-0.59%
PVH	C	-0.55%
DELL	B	-0.54%
COR	B	-0.53%
BAX	F	-0.51%
VLO	C	-0.47%
SON	F	-0.45%
AXS	A	-0.45%
AVT	C	-0.44%
OMC	C	-0.42%
SAIC	F	-0.4%
JLL	D	-0.37%
VNT	C	-0.36%
AGO	A	-0.35%
DXC	D	-0.35%
LNC	B	-0.34%
JHG	B	-0.32%
EME	A	-0.32%
ACI	C	-0.29%
FE	C	-0.29%
PK	D	-0.28%
MPC	D	-0.27%
HCA	F	-0.26%
AMKR	F	-0.26%
RHI	C	-0.25%
CXT	C	-0.24%
FNF	A	-0.23%
FOX	A	-0.21%
PPC	B	-0.2%
LEN	D	-0.18%
CLF	F	-0.14%
REYN	D	-0.13%
LEN	D	-0.12%
ETR	A	-0.11%
AYI	B	-0.11%
CNA	C	-0.11%
WBA	F	-0.07%
SEB	F	-0.04%