FMAG vs. FXR ETF Comparison

Comparison of Fidelity Magellan ETF (FMAG) to First Trust Industrials AlphaDEX (FXR)

FMAG

Fidelity Magellan ETF

FMAG Description

The investment seeks long-term growth of capital. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. Instead, the fund publishes each business day on its website a Tracking Basket, which is designed to closely track the daily performance of the fund but is not the fund's actual portfolio. The fund normally invests primarily in equity securities. It invests in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.44

Average Daily Volume

62,574

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXR

First Trust Industrials AlphaDEX

FXR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Industrials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the industrials and producer durables sectors that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$81.27

Average Daily Volume

36,957

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	FMAG	FXR
30 Days	1.22%	6.49%
60 Days	3.24%	8.60%
90 Days	5.10%	11.06%
12 Months	35.59%	39.01%

12 Overlapping Holdings

Symbol	Grade	Weight in FMAG	Weight in FXR	Overlap
AME	A	1.14%	0.25%	0.25%
CTAS	B	1.24%	0.95%	0.95%
GE	D	1.61%	0.85%	0.85%
HEI	A	1.26%	1.24%	1.24%
MLM	C	1.09%	0.99%	0.99%
PWR	A	1.24%	1.27%	1.24%
SHW	B	1.34%	0.71%	0.71%
TDG	D	1.42%	0.85%	0.85%
TT	A	1.34%	1.23%	1.23%
URI	C	1.3%	1.23%	1.23%
VMC	B	1.08%	0.25%	0.25%
WAB	B	1.19%	0.24%	0.24%

FMAG Overweight 45 Positions Relative to FXR

Symbol	Grade	Weight
MSFT	D	7.8%
NVDA	B	7.21%
AMZN	C	4.55%
META	D	3.88%
GOOGL	C	3.11%
AVGO	D	3.01%
LLY	F	2.51%
UNH	B	2.31%
MA	B	2.07%
V	A	2.06%
COST	A	1.87%
ORCL	A	1.8%
GOOG	C	1.6%
TMO	F	1.6%
LIN	C	1.55%
SPGI	C	1.51%
INTU	B	1.44%
AMAT	F	1.43%
KLAC	F	1.38%
DHR	F	1.37%
ANET	C	1.36%
ETN	A	1.33%
MCO	B	1.33%
MMC	B	1.3%
BSX	A	1.29%
HLT	A	1.29%
LRCX	F	1.28%
AJG	A	1.25%
MSI	B	1.24%
HCA	F	1.22%
MAR	A	1.21%
SNPS	B	1.19%
APH	A	1.18%
CDNS	B	1.17%
ORLY	B	1.17%
AZO	C	1.16%
IT	C	1.15%
ARES	A	1.15%
WSO	A	1.14%
CPRT	B	1.11%
VRSK	A	1.09%
WCN	A	1.03%
NVO	F	1.02%
COR	B	0.86%
IR	B	0.16%

FMAG Underweight 125 Positions Relative to FXR

Symbol	Grade	Weight
AXON	A	-1.77%
SYF	B	-1.52%
WCC	B	-1.45%
AAON	B	-1.44%
SNA	A	-1.44%
FICO	B	-1.4%
MDU	D	-1.38%
PCAR	B	-1.36%
G	B	-1.35%
EME	A	-1.35%
GPN	B	-1.33%
FIX	A	-1.32%
HWM	A	-1.32%
OSK	C	-1.3%
FOUR	A	-1.3%
OC	A	-1.29%
AL	B	-1.27%
AXP	A	-1.24%
LPX	B	-1.22%
CNH	C	-1.12%
ALSN	B	-1.1%
SON	F	-1.08%
LMT	D	-1.08%
GTES	A	-1.07%
GNRC	C	-1.06%
FI	A	-1.06%
VNT	C	-1.04%
R	B	-1.03%
TTEK	F	-1.02%
SNDR	B	-0.97%
EXP	B	-0.96%
FDX	B	-0.96%
ADTN	A	-0.93%
MSM	C	-0.9%
CSL	C	-0.9%
CXT	C	-0.89%
TXT	D	-0.88%
BERY	C	-0.88%
GPK	C	-0.87%
BC	C	-0.87%
MMM	D	-0.87%
VSTS	C	-0.86%
TRU	D	-0.86%
BAH	F	-0.86%
COF	C	-0.86%
AGCO	D	-0.85%
AYI	B	-0.84%
BLDR	D	-0.84%
BWXT	B	-0.83%
AWI	A	-0.82%
PKG	A	-0.77%
TDY	B	-0.76%
ZBRA	B	-0.75%
JBHT	C	-0.75%
NVT	B	-0.74%
DOV	A	-0.74%
KEX	B	-0.74%
KNX	C	-0.73%
DCI	B	-0.73%
LII	A	-0.72%
SLGN	A	-0.72%
EEFT	B	-0.72%
CSX	C	-0.72%
CAT	B	-0.69%
MIDD	C	-0.68%
HII	F	-0.67%
SSD	F	-0.67%
DE	B	-0.66%
VLTO	C	-0.65%
SPR	D	-0.65%
EFX	F	-0.63%
BLD	D	-0.63%
WU	F	-0.62%
SAIA	B	-0.56%
SQ	A	-0.56%
ESAB	C	-0.54%
GXO	B	-0.52%
CMI	A	-0.51%
GWW	B	-0.51%
PYPL	B	-0.5%
RHI	C	-0.5%
LECO	C	-0.49%
PNR	A	-0.49%
ATR	B	-0.49%
IEX	C	-0.48%
J	D	-0.48%
AZEK	A	-0.45%
GD	D	-0.44%
UPS	C	-0.44%
SEE	C	-0.44%
CNM	D	-0.43%
TTC	C	-0.43%
FTV	C	-0.43%
CARR	C	-0.42%
PPG	F	-0.42%
AMCR	C	-0.41%
FCN	F	-0.39%
ATI	C	-0.38%
AOS	F	-0.37%
DOW	F	-0.37%
WMS	F	-0.37%
EMR	B	-0.27%
FLS	B	-0.26%
ADP	A	-0.25%
CW	C	-0.25%
PH	A	-0.25%
HON	C	-0.25%
AXTA	B	-0.25%
RPM	A	-0.25%
LHX	C	-0.24%
WWD	C	-0.23%
ITT	A	-0.23%
GGG	B	-0.23%
UNP	C	-0.22%
KEYS	A	-0.22%
ALLE	C	-0.22%
MSA	F	-0.22%
JKHY	D	-0.22%
NDSN	B	-0.22%
LSTR	D	-0.22%
BALL	F	-0.21%
EXPD	C	-0.21%
LFUS	D	-0.21%
MAS	D	-0.21%
FBIN	D	-0.19%