FMDE vs. RECS ETF Comparison

Comparison of Fidelity Enhanced Mid Cap ETF (FMDE) to Columbia Research Enhanced Core ETF (RECS)

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

RECS

Columbia Research Enhanced Core ETF

RECS Description

The investment seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Research Enhanced U.S. Equity Index. The fund invests at least 80% of its assets in the securities of the index. The index is comprised of a subset of the companies within the Russell 1000® Index. The index was designed to reflect the performance of U.S. large- and mid-cap growth and value companies through the application of a rules-based methodology, which typically results in approximately 325-400 Index holdings, but this range can fluctuate because the index has no constraints on number of holdings.

Grade (RS Rating)

Last Trade

$35.65

Average Daily Volume

393,572

Number of Holdings ^*

361

* may have additional holdings in another (foreign) market

Performance

Period	FMDE	RECS
30 Days	8.08%	3.51%
60 Days	9.45%	5.75%
90 Days	11.70%	7.12%
12 Months	39.69%	35.12%

161 Overlapping Holdings

Symbol	Grade	Weight in FMDE	Weight in RECS	Overlap
ACM	A	0.17%	0.06%	0.06%
ADM	D	0.07%	0.13%	0.07%
ADTN	A	0.2%	0.01%	0.01%
AES	F	0.12%	0.07%	0.07%
AIZ	A	0.63%	0.06%	0.06%
ALL	A	0.57%	0.27%	0.27%
ALSN	B	0.37%	0.04%	0.04%
AMH	D	0.49%	0.06%	0.06%
AMT	D	0.06%	0.48%	0.06%
APP	B	0.3%	0.21%	0.21%
AXS	A	0.09%	0.04%	0.04%
AYI	B	0.31%	0.04%	0.04%
BIIB	F	0.04%	0.04%	0.04%
BILL	A	0.25%	0.02%	0.02%
BK	A	0.99%	0.3%	0.3%
BLD	D	0.32%	0.04%	0.04%
BLDR	D	0.2%	0.09%	0.09%
BMRN	D	0.03%	0.02%	0.02%
BMY	B	0.26%	0.73%	0.26%
BRX	A	0.45%	0.05%	0.05%
BURL	A	0.48%	0.06%	0.06%
CACI	D	0.49%	0.04%	0.04%
CAH	B	0.74%	0.19%	0.19%
CBOE	B	0.27%	0.11%	0.11%
CCL	B	0.65%	0.09%	0.09%
CF	B	0.03%	0.13%	0.03%
CI	F	0.06%	0.57%	0.06%
CL	D	0.42%	0.37%	0.37%
CMI	A	0.94%	0.21%	0.21%
CNC	D	0.57%	0.2%	0.2%
CNM	D	0.03%	0.04%	0.03%
COR	B	0.51%	0.25%	0.25%
CRUS	D	0.44%	0.01%	0.01%
CSGP	D	0.66%	0.16%	0.16%
CSL	C	0.05%	0.09%	0.05%
CTAS	B	0.52%	0.32%	0.32%
CTRA	B	0.1%	0.06%	0.06%
CVNA	B	0.75%	0.09%	0.09%
CW	B	0.59%	0.05%	0.05%
CWEN	C	0.04%	0.02%	0.02%
CWEN	C	0.04%	0.01%	0.01%
CWEN	C	0.07%	0.01%	0.01%
CWEN	C	0.07%	0.02%	0.02%
DAL	C	0.05%	0.18%	0.05%
DBX	B	0.56%	0.02%	0.02%
DCI	B	0.52%	0.04%	0.04%
DHI	D	0.37%	0.17%	0.17%
DKS	C	0.2%	0.04%	0.04%
DOCU	A	0.65%	0.04%	0.04%
DTE	C	0.06%	0.19%	0.06%
EA	A	0.58%	0.1%	0.1%
EEFT	B	0.38%	0.02%	0.02%
EG	C	0.06%	0.09%	0.06%
EIX	B	0.61%	0.24%	0.24%
ELAN	D	0.27%	0.04%	0.04%
EME	C	0.31%	0.11%	0.11%
EPR	D	0.03%	0.02%	0.02%
EQH	B	0.62%	0.08%	0.08%
EVRG	A	0.41%	0.11%	0.11%
EXC	C	0.11%	0.29%	0.11%
EXEL	B	0.52%	0.02%	0.02%
EXPE	B	0.73%	0.08%	0.08%
FANG	D	0.26%	0.1%	0.1%
FFIV	B	0.54%	0.03%	0.03%
FIX	A	0.38%	0.07%	0.07%
FLS	B	0.21%	0.03%	0.03%
FTI	A	0.12%	0.04%	0.04%
FTV	C	0.54%	0.11%	0.11%
GAP	C	0.49%	0.01%	0.01%
GILD	C	0.51%	0.19%	0.19%
GIS	D	0.33%	0.17%	0.17%
GL	B	0.54%	0.05%	0.05%
GLPI	C	0.27%	0.07%	0.07%
GPN	B	0.2%	0.15%	0.15%
GTES	A	0.23%	0.02%	0.02%
HLT	A	0.45%	0.22%	0.22%
HPE	B	0.61%	0.07%	0.07%
HPQ	B	0.01%	0.09%	0.01%
HRB	D	0.22%	0.03%	0.03%
INCY	C	0.6%	0.02%	0.02%
INGR	B	0.24%	0.05%	0.05%
ITT	A	0.12%	0.05%	0.05%
JAZZ	B	0.02%	0.04%	0.02%
JHG	A	0.07%	0.03%	0.03%
K	A	0.04%	0.1%	0.04%
KMB	D	0.22%	0.23%	0.22%
KR	B	0.73%	0.19%	0.19%
L	A	0.06%	0.08%	0.06%
LDOS	C	0.6%	0.09%	0.09%
LEN	D	0.29%	0.0%	0.0%
LEN	D	0.29%	0.14%	0.14%
LNW	D	0.44%	0.03%	0.03%
LPX	B	0.35%	0.05%	0.05%
LSCC	D	0.01%	0.02%	0.01%
MANH	D	0.54%	0.04%	0.04%
MEDP	D	0.45%	0.05%	0.05%
MGM	D	0.28%	0.03%	0.03%
MPWR	F	0.51%	0.06%	0.06%
MRO	B	0.02%	0.05%	0.02%
MSA	D	0.07%	0.02%	0.02%
MSI	B	0.5%	0.2%	0.2%
NBIX	C	0.44%	0.02%	0.02%
NTAP	C	0.64%	0.06%	0.06%
NTNX	A	0.33%	0.04%	0.04%
NTRA	B	0.05%	0.04%	0.04%
NUE	C	0.6%	0.27%	0.27%
NVR	D	0.65%	0.08%	0.08%
NWS	B	0.11%	0.01%	0.01%
NWSA	B	0.18%	0.03%	0.03%
NYT	C	0.45%	0.02%	0.02%
OC	A	0.23%	0.07%	0.07%
PCAR	B	0.38%	0.25%	0.25%
PCG	A	0.36%	0.34%	0.34%
PEGA	A	0.45%	0.01%	0.01%
PHM	D	0.05%	0.09%	0.05%
PLTK	B	0.25%	0.0%	0.0%
PLTR	B	0.43%	0.33%	0.33%
PPG	F	0.66%	0.22%	0.22%
PRU	A	0.85%	0.24%	0.24%
PYPL	B	0.54%	0.45%	0.45%
QGEN	D	0.02%	0.06%	0.02%
QRVO	F	0.5%	0.02%	0.02%
RCL	A	0.18%	0.19%	0.18%
REYN	D	0.03%	0.01%	0.01%
RGA	A	0.28%	0.08%	0.08%
RJF	A	0.78%	0.16%	0.16%
ROST	C	0.71%	0.16%	0.16%
RS	B	0.3%	0.14%	0.14%
SAM	C	0.15%	0.01%	0.01%
SBAC	D	0.22%	0.12%	0.12%
SEIC	B	0.24%	0.04%	0.04%
SF	B	0.03%	0.06%	0.03%
SNX	C	0.44%	0.02%	0.02%
SOLV	C	0.39%	0.06%	0.06%
SPG	B	0.96%	0.31%	0.31%
SSNC	B	0.59%	0.07%	0.07%
STAG	F	0.01%	0.03%	0.01%
STLD	B	0.47%	0.16%	0.16%
STT	A	0.72%	0.15%	0.15%
SWK	D	0.01%	0.06%	0.01%
SWKS	F	0.45%	0.03%	0.03%
SYF	B	0.36%	0.14%	0.14%
TNL	A	0.06%	0.01%	0.01%
TOL	B	0.62%	0.05%	0.05%
TPR	B	0.51%	0.04%	0.04%
TT	A	0.48%	0.41%	0.41%
TXRH	C	0.03%	0.04%	0.03%
UAL	A	0.79%	0.14%	0.14%
UNM	A	0.52%	0.07%	0.07%
UTHR	C	0.35%	0.03%	0.03%
VIRT	B	0.06%	0.02%	0.02%
VST	B	0.94%	0.4%	0.4%
WAB	B	0.43%	0.15%	0.15%
WCC	B	0.33%	0.04%	0.04%
WSM	B	0.11%	0.08%	0.08%
WTW	B	0.72%	0.17%	0.17%
WU	D	0.33%	0.02%	0.02%
XEL	A	0.28%	0.29%	0.28%
XRAY	F	0.08%	0.02%	0.02%
ZION	B	0.34%	0.05%	0.05%
ZM	B	0.67%	0.05%	0.05%

FMDE Overweight 134 Positions Relative to RECS

Symbol	Grade	Weight
WMB	A	1.12%
SQ	B	0.97%
HWM	A	0.89%
MSCI	C	0.84%
RBLX	C	0.72%
VEEV	C	0.71%
TOST	B	0.69%
TWLO	A	0.67%
AXON	A	0.67%
NRG	B	0.65%
CLX	B	0.65%
KEY	B	0.65%
VICI	C	0.63%
FIS	C	0.63%
IDXX	F	0.61%
HUBS	A	0.61%
AMP	A	0.6%
CCI	D	0.6%
TXT	D	0.59%
HUBB	B	0.59%
LNG	B	0.59%
ALLE	D	0.58%
DD	D	0.58%
LYFT	C	0.57%
DKNG	B	0.56%
TRGP	B	0.56%
CNP	B	0.52%
GRMN	B	0.52%
ECL	D	0.49%
CCK	C	0.48%
TDC	D	0.48%
AXTA	A	0.47%
BWXT	B	0.47%
BERY	B	0.46%
PSA	D	0.46%
ANF	C	0.45%
NDAQ	A	0.44%
VMC	B	0.42%
GWW	B	0.42%
NVT	B	0.41%
HIG	B	0.4%
AME	A	0.4%
AM	A	0.39%
CPNG	D	0.39%
IGT	F	0.38%
VMI	B	0.37%
KLAC	D	0.36%
HXL	D	0.35%
RNG	B	0.34%
SEE	C	0.34%
DUOL	A	0.33%
IQV	D	0.33%
UHS	D	0.32%
EBAY	D	0.32%
Z	A	0.32%
COIN	C	0.31%
CPAY	A	0.31%
DVN	F	0.31%
GDDY	A	0.29%
EQR	B	0.29%
MTDR	B	0.28%
IFF	D	0.27%
BAH	F	0.27%
DXCM	D	0.27%
A	D	0.27%
ZG	A	0.26%
ZBRA	B	0.25%
BRO	B	0.25%
CDW	F	0.25%
LHX	C	0.24%
CFG	B	0.23%
TW	A	0.22%
MTB	A	0.22%
HES	B	0.22%
DFS	B	0.21%
PCTY	B	0.21%
HII	D	0.21%
MKTX	D	0.19%
NOC	D	0.18%
MKL	A	0.16%
DASH	A	0.16%
WWD	B	0.16%
USFD	A	0.16%
DOC	D	0.15%
KD	B	0.15%
GXO	B	0.14%
TPL	A	0.14%
KMI	A	0.14%
CINF	A	0.13%
ATI	D	0.13%
ANSS	B	0.13%
REG	B	0.13%
CHDN	B	0.12%
CBSH	A	0.11%
MORN	B	0.11%
IBKR	A	0.11%
GEHC	F	0.11%
SYY	B	0.11%
ROP	B	0.1%
CTRE	D	0.1%
LUV	C	0.1%
AWK	D	0.1%
VLTO	D	0.1%
ACGL	D	0.09%
ES	D	0.09%
LPLA	A	0.09%
LEG	F	0.08%
MCHP	D	0.08%
WBD	C	0.08%
VSTS	C	0.07%
WDAY	B	0.06%
FR	C	0.06%
HUM	C	0.06%
NSC	B	0.06%
WEN	D	0.05%
EGP	F	0.05%
TXG	F	0.05%
OGE	B	0.04%
BBWI	D	0.04%
DGX	A	0.04%
ULTA	F	0.04%
U	C	0.04%
BBY	D	0.03%
AKAM	D	0.03%
CBRE	B	0.03%
POST	C	0.02%
AFL	B	0.02%
AJG	B	0.02%
OVV	B	0.02%
ED	D	0.02%
HAL	C	0.02%
OKE	A	0.01%
HOOD	B	0.01%
ARW	D	0.01%

FMDE Underweight 202 Positions Relative to RECS

Symbol	Grade	Weight
NVDA	C	-8.6%
AAPL	C	-8.2%
MSFT	F	-7.47%
AMZN	C	-4.7%
JPM	A	-3.69%
META	D	-2.88%
JNJ	D	-2.34%
GOOGL	C	-2.33%
PG	A	-1.98%
GOOG	C	-1.97%
BAC	A	-1.67%
XOM	B	-1.56%
WFC	A	-1.38%
TMO	F	-1.23%
PM	B	-1.01%
CAT	B	-0.81%
CVX	A	-0.8%
BLK	C	-0.79%
CRM	B	-0.74%
C	A	-0.7%
MDT	D	-0.68%
FI	A	-0.66%
UNP	C	-0.61%
BKNG	A	-0.6%
UBER	D	-0.6%
MMC	B	-0.58%
CSCO	B	-0.56%
ABBV	D	-0.55%
ADP	B	-0.52%
ADBE	C	-0.52%
MCK	B	-0.51%
NOW	A	-0.5%
LMT	D	-0.49%
TJX	A	-0.48%
DIS	B	-0.48%
MO	A	-0.47%
EQIX	A	-0.45%
CME	A	-0.44%
INTU	C	-0.43%
QCOM	F	-0.42%
BDX	F	-0.41%
UPS	C	-0.41%
HCA	F	-0.4%
PH	A	-0.38%
T	A	-0.37%
WM	A	-0.37%
MMM	D	-0.3%
AMGN	D	-0.29%
CSX	B	-0.29%
PANW	C	-0.28%
FDX	B	-0.28%
TGT	F	-0.27%
ANET	C	-0.25%
MET	A	-0.25%
ETR	B	-0.24%
LRCX	F	-0.23%
EOG	A	-0.23%
VRTX	F	-0.21%
VRT	B	-0.21%
CRWD	B	-0.2%
PAYX	C	-0.19%
AEE	A	-0.18%
PKG	A	-0.17%
FITB	A	-0.17%
OTIS	C	-0.17%
SPOT	B	-0.16%
PSX	C	-0.16%
MPC	D	-0.16%
LYB	F	-0.16%
REGN	F	-0.15%
FCNCA	A	-0.15%
MTD	D	-0.15%
TROW	B	-0.14%
ZBH	C	-0.14%
FTNT	C	-0.14%
TTD	B	-0.13%
VLO	C	-0.13%
RPM	A	-0.13%
LULU	C	-0.13%
KHC	F	-0.13%
NI	A	-0.12%
INVH	D	-0.11%
BR	A	-0.11%
HOLX	D	-0.11%
WY	D	-0.11%
DDOG	A	-0.1%
DECK	A	-0.1%
VTRS	A	-0.1%
OXY	D	-0.1%
BAX	D	-0.1%
TEAM	A	-0.09%
DELL	C	-0.09%
THC	D	-0.09%
ARE	D	-0.09%
EWBC	A	-0.08%
SNA	A	-0.08%
AVTR	F	-0.08%
JEF	A	-0.07%
EXPD	D	-0.07%
MAS	D	-0.07%
EXP	A	-0.07%
FHN	A	-0.06%
BG	F	-0.06%
CE	F	-0.06%
LVS	C	-0.06%
MOS	F	-0.06%
JLL	D	-0.06%
HST	C	-0.06%
CAG	D	-0.06%
WPC	D	-0.06%
RPRX	D	-0.06%
LECO	B	-0.05%
BRBR	A	-0.05%
TAP	C	-0.05%
ALNY	D	-0.05%
APG	B	-0.04%
ARMK	B	-0.04%
OLN	D	-0.04%
AOS	F	-0.04%
GEN	B	-0.04%
UGI	A	-0.04%
VRSN	F	-0.04%
SON	D	-0.04%
PSTG	D	-0.04%
ACI	C	-0.04%
PINS	D	-0.04%
CLF	F	-0.04%
NNN	D	-0.04%
CRBG	B	-0.04%
GNRC	B	-0.04%
WTFC	A	-0.04%
ZS	C	-0.04%
MHK	D	-0.03%
SAIC	F	-0.03%
OZK	B	-0.03%
SLM	A	-0.03%
DTM	B	-0.03%
RL	B	-0.03%
SKX	D	-0.03%
AMG	B	-0.03%
ASH	D	-0.03%
JNPR	F	-0.03%
ESAB	B	-0.03%
LNC	B	-0.03%
MIDD	C	-0.03%
R	B	-0.03%
RHI	B	-0.03%
KEX	C	-0.03%
WLK	D	-0.03%
BEN	C	-0.03%
WYNN	D	-0.03%
COKE	C	-0.03%
COLB	A	-0.03%
MTG	C	-0.03%
G	B	-0.03%
XP	F	-0.03%
AZTA	D	-0.02%
PK	B	-0.02%
CIVI	D	-0.02%
MSM	C	-0.02%
GTLB	B	-0.02%
HIW	D	-0.02%
EXAS	D	-0.02%
MTCH	D	-0.02%
WFRD	D	-0.02%
SMAR	A	-0.02%
DINO	D	-0.02%
LEA	D	-0.02%
PVH	C	-0.02%
ROKU	D	-0.02%
THO	B	-0.02%
CROX	D	-0.02%
MRNA	F	-0.02%
H	B	-0.02%
CIEN	B	-0.02%
KRC	C	-0.02%
RYN	D	-0.02%
OGN	D	-0.02%
PRGO	B	-0.02%
SMG	D	-0.02%
WH	B	-0.02%
FOXA	B	-0.02%
NEU	C	-0.02%
CNA	B	-0.01%
APLS	D	-0.01%
CRI	D	-0.01%
ALGM	D	-0.01%
RARE	D	-0.01%
AMKR	D	-0.01%
ROIV	C	-0.01%
COLM	B	-0.01%
IONS	F	-0.01%
VKTX	F	-0.01%
PPC	C	-0.01%
MAN	D	-0.01%
PATH	C	-0.01%
FOX	A	-0.01%
SRPT	D	-0.01%
M	D	-0.01%
PINC	B	-0.01%
SEB	F	-0.0%
DDS	B	-0.0%