FMAG vs. NFRA ETF Comparison

Comparison of Fidelity Magellan ETF (FMAG) to FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA)

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

$30.55

Average Daily Volume

49,202

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NFRA

FlexShares STOXX Global Broad Infrastructure Index Fund

NFRA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXXÂ® Global Broad Infrastructure Index. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in its underlying index. The underlying index reflects the performance of a selection of equity securities of infrastructure-related companies that are domiciled or traded in developed and emerging markets around the world. It is non-diversified.

Grade (RS Rating)

Last Trade

$58.75

Average Daily Volume

108,130

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMAG	NFRA
30 Days	4.98%	1.63%
60 Days	11.25%	8.96%
90 Days	0.95%	9.56%
12 Months	43.39%	27.76%

3 Overlapping Holdings

Symbol	Grade	Weight in FMAG	Weight in NFRA	Overlap
CEG	A	0.04%	1.19%	0.04%
HCA	C	1.17%	1.14%	1.14%
WCN	D	1.1%	2.33%	1.1%

FMAG Overweight 54 Positions Relative to NFRA

Symbol	Grade	Weight
MSFT	D	7.71%
NVDA	B	7.24%
AMZN	C	4.45%
META	A	3.64%
GOOGL	B	3.13%
LLY	D	2.85%
AVGO	B	2.71%
UNH	B	2.39%
V	B	2.11%
MA	A	2.06%
COST	C	1.92%
LIN	C	1.63%
TMO	D	1.62%
ORCL	A	1.59%
GOOG	B	1.53%
GE	B	1.52%
SPGI	C	1.52%
INTU	F	1.5%
KLAC	B	1.49%
TDG	A	1.44%
MCO	D	1.4%
AMAT	C	1.37%
SHW	C	1.36%
MMC	D	1.35%
HEI	C	1.35%
BSX	A	1.34%
AJG	C	1.33%
HLT	A	1.3%
MSI	A	1.3%
ANET	A	1.28%
TT	A	1.27%
ETN	B	1.26%
LRCX	D	1.26%
APH	D	1.25%
CTAS	C	1.24%
SNPS	F	1.24%
PWR	A	1.24%
URI	C	1.22%
IT	A	1.2%
AZO	D	1.2%
MAR	A	1.17%
ORLY	A	1.17%
AME	C	1.16%
CDNS	D	1.14%
VRSK	D	1.13%
MCK	F	1.13%
WSO	C	1.12%
ARES	A	1.11%
NVO	F	1.11%
MLM	F	1.1%
WAB	A	1.09%
CPRT	B	1.09%
VMC	D	1.08%
PTC	B	0.03%

FMAG Underweight 61 Positions Relative to NFRA

Symbol	Grade	Weight
CNI	D	-3.43%
VZ	C	-2.81%
NEE	C	-2.59%
CMCSA	B	-2.39%
T	B	-2.33%
UNP	F	-2.22%
AMT	D	-1.6%
TMUS	A	-1.51%
SO	A	-1.47%
DUK	C	-1.34%
EQIX	C	-1.25%
WM	B	-1.12%
CSX	D	-1.0%
NSC	C	-0.83%
WMB	A	-0.82%
AEP	C	-0.81%
OKE	A	-0.79%
SRE	C	-0.79%
PCG	C	-0.77%
CCI	D	-0.75%
DLR	C	-0.75%
D	A	-0.71%
PEG	A	-0.65%
KMI	A	-0.64%
EXC	C	-0.61%
RSG	D	-0.6%
ED	C	-0.54%
XEL	C	-0.53%
EIX	C	-0.5%
TRGP	A	-0.48%
CHTR	D	-0.47%
WEC	B	-0.45%
AWK	D	-0.42%
VLTO	A	-0.4%
SBAC	C	-0.38%
THC	D	-0.24%
UHS	D	-0.19%
CLH	B	-0.18%
WTRG	D	-0.15%
EHC	C	-0.14%
LBRDK	C	-0.14%
FYBR	C	-0.13%
DTM	A	-0.11%
CWST	D	-0.09%
ACHC	F	-0.09%
AM	A	-0.08%
SRCL	B	-0.08%
SEM	D	-0.06%
AWR	B	-0.05%
HESM	C	-0.05%
CWT	D	-0.05%
CCOI	B	-0.05%
IRDM	C	-0.05%
GEO	D	-0.03%
SJW	D	-0.03%
FSLY	D	-0.02%
MSEX	C	-0.02%
UNIT	B	-0.02%
PCT	C	-0.02%
CXW	F	-0.02%
NFE	F	-0.01%