FMAG vs. SIZE ETF Comparison

Comparison of Fidelity Magellan ETF (FMAG) to iShares MSCI USA Size Factor (SIZE)

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

SIZE

iShares MSCI USA Size Factor

SIZE Description

The investment seeks to track the performance of MSCI USA Risk Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with relatively smaller average market capitalization, 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 Risk Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$148.44

Average Daily Volume

4,219

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	FMAG	SIZE
30 Days	4.98%	3.32%
60 Days	11.25%	10.39%
90 Days	0.95%	8.72%
12 Months	43.39%	31.13%

23 Overlapping Holdings

Symbol	Grade	Weight in FMAG	Weight in SIZE	Overlap
AMAT	C	1.37%	1.37%	1.37%
ANET	A	1.28%	0.74%	0.74%
APH	D	1.25%	0.46%	0.46%
CDNS	D	1.14%	0.53%	0.53%
COST	C	1.92%	2.49%	1.92%
CTAS	C	1.24%	0.57%	0.57%
GOOG	B	1.53%	1.51%	1.51%
GOOGL	B	3.13%	1.73%	1.73%
KLAC	B	1.49%	0.94%	0.94%
LIN	C	1.63%	1.22%	1.22%
LLY	D	2.85%	4.08%	2.85%
LRCX	D	1.26%	0.83%	0.83%
MA	A	2.06%	4.04%	2.06%
MCO	D	1.4%	0.54%	0.54%
META	A	3.64%	4.28%	3.64%
MMC	D	1.35%	0.75%	0.75%
MSFT	D	7.71%	4.59%	4.59%
NVDA	B	7.24%	5.74%	5.74%
SHW	C	1.36%	0.58%	0.58%
SNPS	F	1.24%	0.49%	0.49%
UNH	B	2.39%	2.79%	2.39%
V	B	2.11%	4.06%	2.11%
WSO	C	1.12%	0.11%	0.11%

FMAG Overweight 34 Positions Relative to SIZE

Symbol	Grade	Weight
AMZN	C	4.45%
AVGO	B	2.71%
TMO	D	1.62%
ORCL	A	1.59%
GE	B	1.52%
SPGI	C	1.52%
INTU	F	1.5%
TDG	A	1.44%
HEI	C	1.35%
BSX	A	1.34%
AJG	C	1.33%
HLT	A	1.3%
MSI	A	1.3%
TT	A	1.27%
ETN	B	1.26%
PWR	A	1.24%
URI	C	1.22%
IT	A	1.2%
AZO	D	1.2%
MAR	A	1.17%
HCA	C	1.17%
ORLY	A	1.17%
AME	C	1.16%
VRSK	D	1.13%
MCK	F	1.13%
ARES	A	1.11%
NVO	F	1.11%
WCN	D	1.1%
MLM	F	1.1%
WAB	A	1.09%
CPRT	B	1.09%
VMC	D	1.08%
CEG	A	0.04%
PTC	B	0.03%

FMAG Underweight 100 Positions Relative to SIZE

Symbol	Grade	Weight
AAPL	C	-5.51%
JNJ	D	-2.27%
TJX	D	-1.98%
ADBE	F	-1.77%
COP	D	-1.7%
KO	C	-1.68%
ACN	B	-1.67%
ADP	A	-1.66%
NKE	D	-1.64%
CSCO	A	-1.61%
NFLX	A	-1.52%
CAT	A	-1.44%
TXN	C	-1.35%
CMG	C	-1.24%
LMT	A	-1.23%
PEP	F	-1.2%
QCOM	D	-1.2%
SLB	D	-0.9%
BLK	A	-0.89%
SRE	C	-0.85%
DHI	C	-0.84%
PLD	D	-0.79%
ITW	C	-0.71%
PEG	A	-0.71%
VRTX	D	-0.63%
PSA	C	-0.6%
ZTS	C	-0.57%
NVR	C	-0.57%
LULU	D	-0.56%
ED	C	-0.55%
MMM	C	-0.54%
CME	A	-0.52%
GWW	B	-0.52%
PAYX	B	-0.49%
PHM	C	-0.49%
TSCO	A	-0.46%
DECK	B	-0.44%
AFL	A	-0.42%
GRMN	D	-0.4%
ATO	A	-0.39%
TPL	A	-0.39%
FAST	C	-0.36%
IDXX	D	-0.35%
ULTA	D	-0.33%
CBRE	C	-0.33%
WSM	C	-0.33%
BBY	C	-0.32%
APD	C	-0.32%
ODFL	F	-0.31%
ACGL	A	-0.29%
MPWR	B	-0.28%
AMP	A	-0.28%
FERG	F	-0.28%
CSGP	F	-0.27%
POOL	D	-0.23%
AVB	C	-0.23%
A	B	-0.23%
EW	F	-0.23%
APA	F	-0.22%
NTAP	D	-0.22%
VLTO	A	-0.22%
MNST	D	-0.21%
MANH	A	-0.2%
ROK	D	-0.2%
EQT	C	-0.19%
RMD	C	-0.18%
EA	D	-0.18%
EQR	C	-0.18%
HSY	D	-0.17%
TROW	D	-0.17%
PPG	D	-0.16%
KEYS	B	-0.16%
CBOE	B	-0.15%
VEEV	C	-0.15%
EME	B	-0.14%
LPLA	D	-0.13%
EXPD	D	-0.13%
SMCI	F	-0.13%
WAT	B	-0.13%
FDS	C	-0.12%
WST	D	-0.12%
ROL	C	-0.12%
GGG	C	-0.11%
ENPH	F	-0.11%
OMC	C	-0.11%
MOH	F	-0.11%
ERIE	A	-0.11%
JKHY	A	-0.1%
AVY	D	-0.09%
PKG	B	-0.09%
AOS	C	-0.08%
UTHR	C	-0.08%
RS	D	-0.08%
MKTX	B	-0.07%
IPG	D	-0.06%
SEIC	B	-0.06%
AFG	A	-0.06%
PAYC	D	-0.06%
SOLV	C	-0.05%
WBA	F	-0.03%