FMDE vs. FELV ETF Comparison

Comparison of Fidelity Enhanced Mid Cap ETF (FMDE) to Fidelity Enhanced Large Cap Value ETF (FELV)

FMDE

Fidelity Enhanced Mid Cap ETF

FMDE Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell Midcap® Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$34.97

Average Daily Volume

149,789

Number of Holdings ^*

292

* may have additional holdings in another (foreign) market

FELV

Fidelity Enhanced Large Cap Value ETF

FELV Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$32.56

Average Daily Volume

106,908

Number of Holdings ^*

332

* may have additional holdings in another (foreign) market

Performance

Period	FMDE	FELV
30 Days	8.08%	4.38%
60 Days	9.45%	5.85%
90 Days	11.70%	7.57%
12 Months	39.69%	29.90%

178 Overlapping Holdings

Symbol	Grade	Weight in FMDE	Weight in FELV	Overlap
A	D	0.27%	0.09%	0.09%
ADM	D	0.07%	0.1%	0.07%
ADTN	A	0.2%	0.1%	0.1%
AES	F	0.12%	0.16%	0.12%
AIZ	A	0.63%	0.11%	0.11%
ALL	A	0.57%	0.19%	0.19%
ALLE	D	0.58%	0.54%	0.54%
AM	A	0.39%	0.04%	0.04%
AME	A	0.4%	0.26%	0.26%
AMH	D	0.49%	0.11%	0.11%
AMT	D	0.06%	0.14%	0.06%
ANF	C	0.45%	0.28%	0.28%
ANSS	B	0.13%	0.01%	0.01%
ARW	D	0.01%	0.06%	0.01%
AXS	A	0.09%	0.01%	0.01%
AXTA	A	0.47%	0.03%	0.03%
AYI	B	0.31%	0.02%	0.02%
BBWI	D	0.04%	0.08%	0.04%
BBY	D	0.03%	0.15%	0.03%
BERY	B	0.46%	0.02%	0.02%
BIIB	F	0.04%	0.3%	0.04%
BK	A	0.99%	0.63%	0.63%
BLD	D	0.32%	0.11%	0.11%
BLDR	D	0.2%	0.01%	0.01%
BMRN	D	0.03%	0.11%	0.03%
BMY	B	0.26%	0.84%	0.26%
BRX	A	0.45%	0.35%	0.35%
CACI	D	0.49%	0.46%	0.46%
CAH	B	0.74%	0.3%	0.3%
CCI	D	0.6%	0.57%	0.57%
CCK	C	0.48%	0.16%	0.16%
CCL	B	0.65%	0.13%	0.13%
CI	F	0.06%	0.6%	0.06%
CINF	A	0.13%	0.22%	0.13%
CL	D	0.42%	0.54%	0.42%
CLX	B	0.65%	0.25%	0.25%
CMI	A	0.94%	0.34%	0.34%
CNC	D	0.57%	0.23%	0.23%
CNP	B	0.52%	0.15%	0.15%
CRUS	D	0.44%	0.09%	0.09%
CSGP	D	0.66%	0.04%	0.04%
CTAS	B	0.52%	0.43%	0.43%
CTRA	B	0.1%	0.05%	0.05%
CTRE	D	0.1%	0.04%	0.04%
CVNA	B	0.75%	0.62%	0.62%
CW	B	0.59%	0.05%	0.05%
CWEN	C	0.04%	0.02%	0.02%
CWEN	C	0.07%	0.04%	0.04%
CWEN	C	0.07%	0.02%	0.02%
CWEN	C	0.04%	0.04%	0.04%
DASH	A	0.16%	0.08%	0.08%
DBX	B	0.56%	0.42%	0.42%
DD	D	0.58%	0.48%	0.48%
DFS	B	0.21%	0.05%	0.05%
DGX	A	0.04%	0.01%	0.01%
DHI	D	0.37%	0.03%	0.03%
DOC	D	0.15%	0.22%	0.15%
DOCU	A	0.65%	0.22%	0.22%
DTE	C	0.06%	0.19%	0.06%
DVN	F	0.31%	0.34%	0.31%
EA	A	0.58%	0.11%	0.11%
ECL	D	0.49%	0.5%	0.49%
ED	D	0.02%	0.22%	0.02%
EEFT	B	0.38%	0.12%	0.12%
EIX	B	0.61%	0.17%	0.17%
EQR	B	0.29%	0.17%	0.17%
ES	D	0.09%	0.13%	0.09%
EVRG	A	0.41%	0.35%	0.35%
EXC	C	0.11%	0.24%	0.11%
EXEL	B	0.52%	0.35%	0.35%
FANG	D	0.26%	0.09%	0.09%
FLS	B	0.21%	0.25%	0.21%
FR	C	0.06%	0.28%	0.06%
FTI	A	0.12%	0.19%	0.12%
FTV	C	0.54%	0.33%	0.33%
GAP	C	0.49%	0.25%	0.25%
GEHC	F	0.11%	0.16%	0.11%
GILD	C	0.51%	0.92%	0.51%
GIS	D	0.33%	0.05%	0.05%
GL	B	0.54%	0.28%	0.28%
GLPI	C	0.27%	0.05%	0.05%
GPN	B	0.2%	0.09%	0.09%
GRMN	B	0.52%	0.11%	0.11%
HAL	C	0.02%	0.13%	0.02%
HPE	B	0.61%	0.21%	0.21%
HUM	C	0.06%	0.14%	0.06%
HWM	A	0.89%	0.12%	0.12%
IFF	D	0.27%	0.08%	0.08%
IGT	F	0.38%	0.36%	0.36%
INCY	C	0.6%	0.22%	0.22%
INGR	B	0.24%	0.04%	0.04%
IQV	D	0.33%	0.17%	0.17%
ITT	A	0.12%	0.18%	0.12%
KD	B	0.15%	0.09%	0.09%
KEY	B	0.65%	0.18%	0.18%
KLAC	D	0.36%	0.03%	0.03%
KMB	D	0.22%	0.14%	0.14%
KMI	A	0.14%	0.24%	0.14%
KR	B	0.73%	0.31%	0.31%
L	A	0.06%	0.35%	0.06%
LDOS	C	0.6%	0.47%	0.47%
LEG	F	0.08%	0.06%	0.06%
LHX	C	0.24%	0.45%	0.24%
LNW	D	0.44%	0.17%	0.17%
LPX	B	0.35%	0.33%	0.33%
LYFT	C	0.57%	0.07%	0.07%
MEDP	D	0.45%	0.16%	0.16%
MGM	D	0.28%	0.21%	0.21%
MKL	A	0.16%	0.17%	0.16%
MSA	D	0.07%	0.03%	0.03%
MSCI	C	0.84%	0.19%	0.19%
MSI	B	0.5%	0.2%	0.2%
MTDR	B	0.28%	0.09%	0.09%
NOC	D	0.18%	0.63%	0.18%
NSC	B	0.06%	0.57%	0.06%
NTAP	C	0.64%	0.12%	0.12%
NUE	C	0.6%	0.34%	0.34%
NWS	B	0.11%	0.03%	0.03%
NWSA	B	0.18%	0.06%	0.06%
OC	A	0.23%	0.22%	0.22%
OGE	B	0.04%	0.06%	0.04%
PCAR	B	0.38%	0.39%	0.38%
PCG	A	0.36%	0.39%	0.36%
PHM	D	0.05%	0.01%	0.01%
PLTK	B	0.25%	0.05%	0.05%
PPG	F	0.66%	0.57%	0.57%
PRU	A	0.85%	0.17%	0.17%
PSA	D	0.46%	0.52%	0.46%
PYPL	B	0.54%	0.79%	0.54%
QGEN	D	0.02%	0.16%	0.02%
QRVO	F	0.5%	0.11%	0.11%
RCL	A	0.18%	0.15%	0.15%
REG	B	0.13%	0.07%	0.07%
RGA	A	0.28%	0.03%	0.03%
RJF	A	0.78%	0.03%	0.03%
ROP	B	0.1%	0.01%	0.01%
ROST	C	0.71%	0.11%	0.11%
SAM	C	0.15%	0.05%	0.05%
SEE	C	0.34%	0.25%	0.25%
SEIC	B	0.24%	0.58%	0.24%
SOLV	C	0.39%	0.12%	0.12%
SPG	B	0.96%	0.18%	0.18%
SQ	B	0.97%	0.7%	0.7%
SSNC	B	0.59%	0.5%	0.5%
STLD	B	0.47%	0.33%	0.33%
STT	A	0.72%	0.15%	0.15%
SWKS	F	0.45%	0.13%	0.13%
SYF	B	0.36%	0.03%	0.03%
TDC	D	0.48%	0.27%	0.27%
TNL	A	0.06%	0.01%	0.01%
TOL	B	0.62%	0.28%	0.28%
TPR	B	0.51%	0.1%	0.1%
TRGP	B	0.56%	0.09%	0.09%
TT	A	0.48%	0.52%	0.48%
TWLO	A	0.67%	0.3%	0.3%
TXT	D	0.59%	0.53%	0.53%
UAL	A	0.79%	0.03%	0.03%
UHS	D	0.32%	0.12%	0.12%
UNM	A	0.52%	0.38%	0.38%
USFD	A	0.16%	0.19%	0.16%
VEEV	C	0.71%	0.28%	0.28%
VICI	C	0.63%	0.25%	0.25%
VLTO	D	0.1%	0.04%	0.04%
VMC	B	0.42%	0.28%	0.28%
VMI	B	0.37%	0.2%	0.2%
VST	B	0.94%	0.07%	0.07%
VSTS	C	0.07%	0.06%	0.06%
WAB	B	0.43%	0.45%	0.43%
WBD	C	0.08%	0.09%	0.08%
WCC	B	0.33%	0.07%	0.07%
WDAY	B	0.06%	0.13%	0.06%
WMB	A	1.12%	0.12%	0.12%
WTW	B	0.72%	0.26%	0.26%
XEL	A	0.28%	0.25%	0.25%
Z	A	0.32%	0.22%	0.22%
ZBRA	B	0.25%	0.32%	0.25%
ZG	A	0.26%	0.18%	0.18%
ZM	B	0.67%	0.52%	0.52%

FMDE Overweight 116 Positions Relative to FELV

Symbol	Grade	Weight
EXPE	B	0.73%
RBLX	C	0.72%
TOST	B	0.69%
AXON	A	0.67%
NRG	B	0.65%
NVR	D	0.65%
FIS	C	0.63%
EQH	B	0.62%
IDXX	F	0.61%
HUBS	A	0.61%
AMP	A	0.6%
HUBB	B	0.59%
LNG	B	0.59%
DKNG	B	0.56%
FFIV	B	0.54%
MANH	D	0.54%
DCI	B	0.52%
COR	B	0.51%
MPWR	F	0.51%
BURL	A	0.48%
BWXT	B	0.47%
NYT	C	0.45%
HLT	A	0.45%
PEGA	A	0.45%
NDAQ	A	0.44%
SNX	C	0.44%
NBIX	C	0.44%
PLTR	B	0.43%
GWW	B	0.42%
NVT	B	0.41%
HIG	B	0.4%
CPNG	D	0.39%
FIX	A	0.38%
ALSN	B	0.37%
HXL	D	0.35%
UTHR	C	0.35%
ZION	B	0.34%
RNG	B	0.34%
DUOL	A	0.33%
NTNX	A	0.33%
WU	D	0.33%
EBAY	D	0.32%
EME	C	0.31%
COIN	C	0.31%
CPAY	A	0.31%
RS	B	0.3%
APP	B	0.3%
LEN	D	0.29%
GDDY	A	0.29%
BAH	F	0.27%
CBOE	B	0.27%
DXCM	D	0.27%
ELAN	D	0.27%
BILL	A	0.25%
BRO	B	0.25%
CDW	F	0.25%
CFG	B	0.23%
GTES	A	0.23%
TW	A	0.22%
HRB	D	0.22%
MTB	A	0.22%
HES	B	0.22%
SBAC	D	0.22%
PCTY	B	0.21%
HII	D	0.21%
DKS	C	0.2%
MKTX	D	0.19%
ACM	A	0.17%
WWD	B	0.16%
GXO	B	0.14%
TPL	A	0.14%
ATI	D	0.13%
CHDN	B	0.12%
WSM	B	0.11%
CBSH	A	0.11%
MORN	B	0.11%
IBKR	A	0.11%
SYY	B	0.11%
LUV	C	0.1%
AWK	D	0.1%
ACGL	D	0.09%
LPLA	A	0.09%
XRAY	F	0.08%
MCHP	D	0.08%
JHG	A	0.07%
EG	C	0.06%
VIRT	B	0.06%
CSL	C	0.05%
WEN	D	0.05%
EGP	F	0.05%
TXG	F	0.05%
DAL	C	0.05%
NTRA	B	0.05%
ULTA	F	0.04%
U	C	0.04%
K	A	0.04%
CF	B	0.03%
EPR	D	0.03%
REYN	D	0.03%
AKAM	D	0.03%
TXRH	C	0.03%
CNM	D	0.03%
SF	B	0.03%
CBRE	B	0.03%
JAZZ	B	0.02%
POST	C	0.02%
AFL	B	0.02%
AJG	B	0.02%
OVV	B	0.02%
MRO	B	0.02%
LSCC	D	0.01%
STAG	F	0.01%
OKE	A	0.01%
HPQ	B	0.01%
SWK	D	0.01%
HOOD	B	0.01%

FMDE Underweight 156 Positions Relative to FELV

Symbol	Grade	Weight
BRK.A	B	-3.64%
JPM	A	-2.93%
XOM	B	-2.51%
BAC	A	-1.77%
WMT	A	-1.76%
UNH	C	-1.57%
PM	B	-1.31%
PG	A	-1.24%
WFC	A	-1.22%
CMCSA	B	-1.13%
CSCO	B	-1.07%
GE	D	-1.05%
JNJ	D	-1.02%
T	A	-1.02%
SCHW	B	-0.88%
MU	D	-0.86%
PFE	D	-0.85%
ABBV	D	-0.85%
INTC	D	-0.85%
NEE	D	-0.81%
DIS	B	-0.8%
ETN	A	-0.76%
UNP	C	-0.75%
BDX	F	-0.74%
TMO	F	-0.73%
PNC	B	-0.7%
RTX	C	-0.7%
VZ	C	-0.68%
RSG	A	-0.66%
LMT	D	-0.64%
SPGI	C	-0.63%
MMM	D	-0.6%
AON	A	-0.59%
CME	A	-0.57%
TMUS	B	-0.56%
COP	C	-0.56%
ABT	B	-0.54%
CAT	B	-0.54%
MS	A	-0.54%
CVX	A	-0.53%
EOG	A	-0.53%
QCOM	F	-0.5%
C	A	-0.48%
COF	B	-0.47%
LIN	D	-0.46%
HD	A	-0.45%
AMAT	F	-0.42%
MDT	D	-0.4%
MMC	B	-0.38%
ADBE	C	-0.37%
BLK	C	-0.37%
PGR	A	-0.35%
TPH	D	-0.35%
CSX	B	-0.34%
ACN	C	-0.34%
GS	A	-0.34%
F	C	-0.33%
CVS	D	-0.3%
MCD	D	-0.28%
DUK	C	-0.28%
MO	A	-0.28%
MA	C	-0.28%
TRV	B	-0.28%
GEV	B	-0.28%
TJX	A	-0.28%
IBM	C	-0.27%
SYK	C	-0.26%
WM	A	-0.25%
TFC	A	-0.24%
CRM	B	-0.22%
SKYW	B	-0.21%
META	D	-0.21%
JCI	C	-0.21%
AXP	A	-0.2%
EQIX	A	-0.2%
PNR	A	-0.19%
NFLX	A	-0.19%
BSX	B	-0.19%
AAPL	C	-0.19%
ICE	C	-0.18%
TMHC	B	-0.18%
NVDA	C	-0.17%
DHR	F	-0.17%
ACA	A	-0.17%
CEG	D	-0.17%
TAP	C	-0.16%
TXN	C	-0.16%
PFG	D	-0.16%
ILMN	D	-0.15%
JXN	C	-0.15%
AMGN	D	-0.15%
OXY	D	-0.15%
WDC	D	-0.14%
GD	F	-0.14%
PKG	A	-0.13%
TROW	B	-0.13%
PH	A	-0.12%
ITW	B	-0.12%
AVGO	D	-0.12%
SO	D	-0.12%
KHC	F	-0.12%
ENS	D	-0.11%
BCC	B	-0.11%
ELV	F	-0.11%
BKR	B	-0.1%
CRC	B	-0.1%
ADP	B	-0.1%
PEG	A	-0.1%
MHO	D	-0.1%
CNO	A	-0.09%
ACT	D	-0.09%
MCK	B	-0.09%
VRTX	F	-0.09%
AMZN	C	-0.08%
TENB	C	-0.08%
MKC	D	-0.08%
DELL	C	-0.08%
LH	C	-0.08%
HON	B	-0.08%
ALRM	C	-0.08%
AEP	D	-0.08%
CMG	B	-0.07%
BYD	C	-0.07%
LOW	D	-0.07%
NWL	B	-0.06%
EW	C	-0.06%
UPS	C	-0.06%
MDLZ	F	-0.06%
NMRK	B	-0.06%
TRMB	B	-0.05%
FHI	A	-0.05%
NEM	D	-0.05%
ADI	D	-0.04%
VAC	B	-0.04%
HL	D	-0.04%
BKH	A	-0.04%
TFX	F	-0.03%
EXTR	B	-0.03%
WS	B	-0.03%
ALKS	B	-0.03%
MATX	C	-0.03%
AMD	F	-0.02%
SWI	B	-0.02%
OKTA	C	-0.02%
OGN	D	-0.02%
ITRI	B	-0.02%
BIO	D	-0.02%
WOOF	D	-0.02%
MWA	B	-0.01%
TGT	F	-0.01%
FTDR	A	-0.01%
MUR	D	-0.01%
CXT	B	-0.01%
SON	D	-0.01%
GLW	B	-0.01%
M	D	-0.01%