FTHI vs. FELC ETF Comparison

Comparison of First Trust High Income ETF (FTHI) to Fidelity Enhanced Large Cap Core ETF (FELC)

FTHI

First Trust High Income ETF

FTHI Description

The investment seeks current income; capital appreciation is a secondary objective. The fund will pursue its objectives by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded covered call options on the Standard & Poor's 500(c) Index (the "index"). The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will write will be limited to U.S. exchange-traded securities and options. It is non-diversified.

Grade (RS Rating)

Last Trade

$23.68

Average Daily Volume

244,323

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

FELC

Fidelity Enhanced Large Cap Core ETF

FELC Description

The fund will normally invest at least 80% of assets in common stocks included in the S&P 500® Index, which is a market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance. 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

$33.43

Average Daily Volume

581,796

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	FTHI	FELC
30 Days	2.96%	3.27%
60 Days	3.94%	5.09%
90 Days	5.68%	6.09%
12 Months	18.62%	33.74%

67 Overlapping Holdings

Symbol	Grade	Weight in FTHI	Weight in FELC	Overlap
AAPL	C	5.63%	7.38%	5.63%
ABBV	D	0.62%	1.02%	0.62%
ADBE	C	0.44%	0.94%	0.44%
ADP	B	0.33%	0.2%	0.2%
AMAT	F	0.31%	0.68%	0.31%
AMGN	D	0.31%	0.33%	0.31%
AMT	D	0.29%	0.24%	0.24%
AMZN	C	3.92%	3.93%	3.92%
AVGO	D	1.65%	1.72%	1.65%
BAC	A	0.56%	1.2%	0.56%
BDX	F	0.07%	0.62%	0.07%
BKNG	A	0.36%	0.13%	0.13%
BMY	B	0.48%	0.75%	0.48%
BRK.A	B	1.73%	2.25%	1.73%
CAT	B	0.41%	0.57%	0.41%
CL	D	0.05%	0.47%	0.05%
CME	A	0.37%	0.5%	0.37%
COST	B	0.83%	0.31%	0.31%
CRM	B	0.65%	1.15%	0.65%
CVX	A	0.26%	0.01%	0.01%
GAP	C	0.27%	0.22%	0.22%
GE	D	0.35%	0.39%	0.35%
GILD	C	0.47%	0.74%	0.47%
GOOG	C	1.84%	1.9%	1.84%
GOOGL	C	2.17%	2.05%	2.05%
GS	A	0.33%	0.15%	0.15%
HD	A	0.88%	1.29%	0.88%
JPM	A	1.41%	1.94%	1.41%
LLY	F	1.18%	0.76%	0.76%
LMT	D	0.26%	0.71%	0.26%
MA	C	0.88%	1.36%	0.88%
MEDP	D	0.42%	0.21%	0.21%
META	D	2.55%	2.89%	2.55%
MMC	B	0.42%	0.29%	0.29%
MRK	F	0.49%	0.99%	0.49%
MSFT	F	6.53%	5.68%	5.68%
MSI	B	0.17%	0.5%	0.17%
NEE	D	0.24%	0.84%	0.24%
NFLX	A	0.72%	1.3%	0.72%
NOW	A	0.42%	0.55%	0.42%
NVDA	C	6.56%	7.39%	6.56%
ORCL	B	0.53%	0.05%	0.05%
PEP	F	0.45%	0.05%	0.05%
PFE	D	0.1%	0.42%	0.1%
PG	A	0.79%	0.72%	0.72%
PM	B	0.37%	0.94%	0.37%
PSA	D	0.3%	0.09%	0.09%
QCOM	F	0.32%	0.88%	0.32%
RTX	C	0.33%	0.7%	0.33%
SCCO	F	0.33%	0.05%	0.05%
SPG	B	0.05%	0.59%	0.05%
SPGI	C	0.33%	0.31%	0.31%
SYK	C	0.05%	0.03%	0.03%
T	A	0.35%	0.73%	0.35%
TJX	A	0.32%	0.59%	0.32%
TMO	F	0.38%	0.33%	0.33%
TMUS	B	0.3%	0.31%	0.3%
TSLA	B	1.36%	1.31%	1.31%
UNH	C	1.08%	0.57%	0.57%
UNP	C	0.29%	0.76%	0.29%
V	A	1.01%	0.82%	0.82%
VEEV	C	0.31%	0.08%	0.08%
VST	B	0.97%	0.12%	0.12%
VZ	C	0.35%	0.06%	0.06%
WFC	A	0.49%	0.1%	0.1%
WMT	A	0.69%	1.14%	0.69%
XOM	B	1.0%	1.56%	1.0%

FTHI Overweight 98 Positions Relative to FELC

Symbol	Grade	Weight
BXMT	C	1.55%
SLG	B	1.44%
JXN	C	1.11%
CRNX	C	0.99%
CCEP	C	0.98%
UL	D	0.94%
MO	A	0.9%
LADR	B	0.87%
BRBR	A	0.77%
CALM	A	0.76%
INGR	B	0.64%
PTVE	B	0.64%
IDA	A	0.59%
ALSN	B	0.53%
CCI	D	0.53%
NVS	D	0.49%
EXP	A	0.48%
SLM	A	0.48%
CVLT	B	0.48%
DTM	B	0.46%
KO	D	0.46%
IDCC	A	0.45%
AMD	F	0.45%
TOL	B	0.45%
SFM	A	0.45%
DELL	C	0.45%
MDT	D	0.45%
INSM	C	0.44%
HLI	B	0.44%
EWBC	A	0.43%
INTU	C	0.43%
UMBF	B	0.43%
ARES	A	0.42%
ITW	B	0.41%
LIN	D	0.41%
PPC	C	0.41%
DECK	A	0.41%
EHC	B	0.39%
AM	A	0.38%
USFD	A	0.38%
ISRG	A	0.37%
IBM	C	0.36%
TXN	C	0.36%
LANC	C	0.36%
SLVM	B	0.35%
FNF	B	0.35%
KNSL	B	0.35%
HESM	B	0.34%
FTI	A	0.34%
WSO	A	0.33%
MGEE	C	0.32%
BAH	F	0.31%
HON	B	0.31%
LOW	D	0.31%
DUK	C	0.31%
DHR	F	0.31%
KRC	C	0.31%
BKU	A	0.3%
LOPE	B	0.3%
SBRA	C	0.3%
MATX	C	0.3%
DHT	F	0.27%
IIPR	D	0.27%
GGG	B	0.27%
NVO	D	0.25%
ATR	B	0.25%
SBLK	F	0.24%
O	D	0.24%
BLK	C	0.24%
COP	C	0.24%
CNA	B	0.23%
PFGC	B	0.22%
AMH	D	0.22%
STNG	F	0.22%
EQIX	A	0.21%
PAYX	C	0.21%
CVBF	A	0.2%
FLO	D	0.2%
SO	D	0.2%
OTTR	C	0.2%
MUSA	A	0.19%
XEL	A	0.19%
GEV	B	0.17%
NEU	C	0.17%
REYN	D	0.16%
KAR	B	0.15%
WEC	A	0.15%
EXR	D	0.14%
SFNC	B	0.14%
OGN	D	0.13%
BX	A	0.13%
NHI	D	0.12%
TGT	F	0.11%
D	C	0.08%
AJG	B	0.05%
MDLZ	F	0.03%
GIS	D	0.03%
ELV	F	0.03%

FTHI Underweight 103 Positions Relative to FELC

Symbol	Grade	Weight
CMCSA	B	-0.86%
SCHW	B	-0.8%
JNJ	D	-0.74%
PGR	A	-0.74%
CTAS	B	-0.69%
MU	D	-0.66%
CSCO	B	-0.66%
DIS	B	-0.65%
ECL	D	-0.63%
KLAC	D	-0.63%
CI	F	-0.63%
NOC	D	-0.6%
SQ	B	-0.58%
ABT	B	-0.56%
CVNA	B	-0.55%
EOG	A	-0.54%
CSX	B	-0.54%
DVN	F	-0.53%
PCAR	B	-0.52%
TXT	D	-0.52%
DBX	B	-0.52%
TT	A	-0.52%
ZM	B	-0.51%
IGT	F	-0.46%
EXEL	B	-0.45%
LRCX	F	-0.44%
TRV	B	-0.43%
ANF	C	-0.42%
CACI	D	-0.4%
SSNC	B	-0.38%
NSC	B	-0.38%
TDC	D	-0.37%
AON	A	-0.35%
CMG	B	-0.35%
PYPL	B	-0.34%
MSCI	C	-0.33%
ALLE	D	-0.33%
WM	A	-0.32%
MS	A	-0.31%
CAH	B	-0.31%
AXP	A	-0.31%
TROW	B	-0.31%
PPG	F	-0.3%
SEIC	B	-0.3%
MGM	D	-0.3%
INCY	C	-0.28%
CCL	B	-0.26%
CVS	D	-0.25%
LDOS	C	-0.24%
RSG	A	-0.24%
SKYW	B	-0.23%
GRMN	B	-0.22%
IDXX	F	-0.22%
LHX	C	-0.21%
LYFT	C	-0.21%
GL	B	-0.21%
ALRM	C	-0.2%
NUE	C	-0.2%
OXY	D	-0.19%
DASH	A	-0.18%
WDAY	B	-0.16%
FTNT	C	-0.15%
ED	D	-0.15%
UBER	D	-0.14%
WTW	B	-0.14%
MMM	D	-0.13%
TWLO	A	-0.13%
UNM	A	-0.12%
PNC	B	-0.12%
QRVO	F	-0.12%
NBIX	C	-0.11%
NRG	B	-0.11%
CLX	B	-0.11%
ANET	C	-0.11%
BK	A	-0.11%
F	C	-0.11%
BLD	D	-0.11%
LNW	D	-0.11%
BBWI	D	-0.11%
BIIB	F	-0.1%
PEGA	A	-0.1%
HWM	A	-0.1%
SOLV	C	-0.09%
MKL	A	-0.08%
FR	C	-0.08%
ZBRA	B	-0.06%
MCK	B	-0.06%
DHI	D	-0.06%
STLD	B	-0.06%
AXTA	A	-0.05%
PLTK	B	-0.04%
ROST	C	-0.04%
GEHC	F	-0.04%
KR	B	-0.03%
SWKS	F	-0.03%
A	D	-0.03%
CRUS	D	-0.03%
LPLA	A	-0.03%
GPN	B	-0.02%
C	A	-0.02%
DOCU	A	-0.02%
WBD	C	-0.01%
AES	F	-0.01%