FMAG vs. MTUM ETF Comparison

Comparison of Fidelity Magellan ETF (FMAG) to iShares MSCI USA Momentum Factor ETF (MTUM)

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

$31.50

Average Daily Volume

62,574

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MTUM

iShares MSCI USA Momentum Factor ETF

MTUM Description

The investment seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Momentum Index (the "underlying index") consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$214.85

Average Daily Volume

835,352

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	FMAG	MTUM
30 Days	1.22%	2.76%
60 Days	3.24%	6.30%
90 Days	5.10%	8.29%
12 Months	35.59%	42.28%

19 Overlapping Holdings

Symbol	Grade	Weight in FMAG	Weight in MTUM	Overlap
AJG	A	1.25%	0.59%	0.59%
ANET	C	1.36%	1.17%	1.17%
APH	A	1.18%	0.97%	0.97%
AVGO	D	3.01%	4.72%	3.01%
BSX	A	1.29%	1.25%	1.25%
COST	A	1.87%	3.63%	1.87%
CTAS	B	1.24%	0.91%	0.91%
GE	D	1.61%	2.96%	1.61%
HEI	A	1.26%	0.16%	0.16%
HEI	A	1.26%	0.12%	0.12%
KLAC	F	1.38%	0.8%	0.8%
LLY	F	2.51%	3.82%	2.51%
MCO	B	1.33%	0.7%	0.7%
MSI	B	1.24%	1.0%	1.0%
NVDA	B	7.21%	5.34%	5.34%
PWR	A	1.24%	0.43%	0.43%
TDG	D	1.42%	0.7%	0.7%
TT	A	1.34%	1.13%	1.13%
WAB	B	1.19%	0.33%	0.33%

FMAG Overweight 39 Positions Relative to MTUM

Symbol	Grade	Weight
MSFT	D	7.8%
AMZN	C	4.55%
META	D	3.88%
GOOGL	C	3.11%
UNH	B	2.31%
MA	B	2.07%
V	A	2.06%
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%
DHR	F	1.37%
SHW	B	1.34%
ETN	A	1.33%
MMC	B	1.3%
URI	C	1.3%
HLT	A	1.29%
LRCX	F	1.28%
HCA	F	1.22%
MAR	A	1.21%
SNPS	B	1.19%
CDNS	B	1.17%
ORLY	B	1.17%
AZO	C	1.16%
IT	C	1.15%
ARES	A	1.15%
WSO	A	1.14%
AME	A	1.14%
CPRT	B	1.11%
MLM	C	1.09%
VRSK	A	1.09%
VMC	B	1.08%
WCN	A	1.03%
NVO	F	1.02%
COR	B	0.86%
IR	B	0.16%

FMAG Underweight 105 Positions Relative to MTUM

Symbol	Grade	Weight
JPM	A	-5.48%
WMT	A	-4.93%
PM	B	-2.93%
KO	D	-2.71%
NEE	C	-2.24%
RTX	D	-2.19%
GS	A	-2.0%
PGR	A	-1.88%
TXN	C	-1.86%
ISRG	A	-1.54%
AXP	A	-1.53%
LMT	D	-1.37%
KKR	A	-1.3%
MMM	D	-1.21%
MO	A	-1.19%
SO	C	-1.15%
CEG	C	-1.12%
TJX	A	-1.09%
C	A	-1.08%
PLTR	B	-1.02%
VRTX	D	-0.95%
FI	A	-0.9%
CB	C	-0.9%
MSTR	B	-0.89%
DUK	C	-0.88%
WELL	A	-0.84%
VST	A	-0.82%
NEM	D	-0.79%
CL	D	-0.79%
AFL	B	-0.78%
APP	B	-0.74%
HWM	A	-0.73%
ICE	C	-0.72%
VRT	B	-0.63%
WMB	A	-0.63%
TRGP	A	-0.61%
FICO	B	-0.6%
PEG	A	-0.5%
DELL	B	-0.49%
BK	A	-0.48%
IRM	C	-0.48%
HIG	B	-0.46%
GRMN	B	-0.42%
ALL	A	-0.41%
AEP	C	-0.4%
EME	A	-0.38%
DFS	B	-0.38%
DHI	F	-0.37%
RSG	A	-0.36%
ACGL	C	-0.35%
CBRE	B	-0.34%
GDDY	A	-0.34%
TPL	A	-0.33%
AXON	A	-0.32%
VTR	B	-0.31%
NTAP	C	-0.31%
VLTO	C	-0.31%
PHM	D	-0.31%
ALNY	D	-0.3%
KDP	F	-0.3%
AVB	B	-0.29%
RMD	C	-0.29%
K	A	-0.29%
NDAQ	A	-0.28%
LEN	D	-0.28%
NRG	B	-0.27%
BRO	B	-0.27%
EIX	B	-0.26%
EBAY	D	-0.25%
FITB	B	-0.25%
LDOS	C	-0.24%
MPWR	F	-0.24%
LII	A	-0.24%
TYL	B	-0.23%
CSL	C	-0.23%
NVR	D	-0.23%
SW	A	-0.22%
SYF	B	-0.22%
DOV	A	-0.22%
EQR	C	-0.17%
PKG	A	-0.16%
IFF	D	-0.16%
ESS	B	-0.15%
IP	A	-0.15%
HOOD	B	-0.15%
UTHR	C	-0.15%
ERIE	D	-0.13%
MAA	B	-0.12%
UHS	D	-0.11%
CFG	B	-0.11%
DKS	D	-0.1%
DGX	A	-0.09%
NI	A	-0.09%
FNF	B	-0.08%
AMCR	C	-0.08%
DOC	C	-0.08%
FOXA	A	-0.07%
CPT	B	-0.07%
FOX	A	-0.07%
DVA	C	-0.07%
CHRW	B	-0.06%
ALLY	C	-0.06%
UDR	B	-0.05%
LNT	A	-0.05%
EQH	C	-0.03%