FTHI vs. FFLC ETF Comparison

Comparison of First Trust High Income ETF (FTHI) to Fidelity Fundamental Large Cap Core ETF (FFLC)

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

$23.08

Average Daily Volume

203,171

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

FFLC

Fidelity Fundamental Large Cap Core ETF

FFLC Description

FFLC seeks to achieve long-term capital growth by investing in a global core equity portfolio of large-cap stocks. The adviser generally defines large caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The portfolio includes stocks with growth and/or value characteristics. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity New Millennium ETF under the ticker FMIL. The fund previously used a semitransparent ETF structure.

Grade (RS Rating)

Last Trade

$45.51

Average Daily Volume

94,792

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	FTHI	FFLC
30 Days	1.41%	2.52%
60 Days	1.90%	4.79%
90 Days	2.40%	4.60%
12 Months	16.52%	37.58%

41 Overlapping Holdings

Symbol	Grade	Weight in FTHI	Weight in FFLC	Overlap
AAPL	C	5.86%	4.51%	4.51%
ADBE	F	0.55%	1.41%	0.55%
AMD	D	0.54%	1.27%	0.54%
AMZN	C	3.7%	3.26%	3.26%
ARES	B	0.37%	0.41%	0.37%
BAC	D	0.5%	0.9%	0.5%
BKNG	C	0.29%	0.61%	0.29%
CAT	B	0.38%	0.75%	0.38%
CRM	D	0.53%	0.98%	0.53%
DHR	B	0.39%	0.82%	0.39%
FTI	D	0.3%	0.29%	0.29%
GE	B	0.35%	0.9%	0.35%
GILD	B	0.45%	0.29%	0.29%
GOOGL	D	2.04%	2.4%	2.04%
GS	C	0.28%	0.33%	0.28%
HLI	B	0.38%	0.32%	0.32%
INTU	C	0.42%	0.92%	0.42%
JPM	D	1.27%	0.98%	0.98%
KO	C	0.58%	0.73%	0.58%
LIN	B	0.45%	0.81%	0.45%
LLY	C	1.57%	1.93%	1.57%
LMT	C	0.29%	0.68%	0.29%
META	B	2.45%	2.57%	2.45%
MMC	C	0.46%	0.53%	0.46%
MRK	D	0.64%	0.26%	0.26%
MSFT	C	6.97%	7.7%	6.97%
NFLX	B	0.61%	1.06%	0.61%
NVDA	D	5.67%	3.39%	3.39%
NVO	C	0.36%	0.25%	0.25%
ORCL	C	0.47%	0.79%	0.47%
PFGC	B	0.19%	0.57%	0.19%
SO	B	0.21%	0.82%	0.21%
SYK	C	0.05%	0.67%	0.05%
TJX	B	0.33%	1.2%	0.33%
TMO	B	0.48%	1.03%	0.48%
UNH	C	1.13%	1.72%	1.13%
V	C	0.99%	1.63%	0.99%
VST	C	0.59%	0.65%	0.59%
WFC	D	0.37%	1.08%	0.37%
WMT	C	0.68%	0.49%	0.49%
XOM	C	0.96%	1.49%	0.96%

FTHI Overweight 124 Positions Relative to FFLC

Symbol	Grade	Weight
BRK.A	C	1.76%
BXMT	C	1.72%
GOOG	D	1.72%
AVGO	C	1.65%
SLG	B	1.38%
UL	C	1.13%
CCEP	B	1.07%
TSLA	C	1.07%
JXN	A	0.95%
LADR	B	0.95%
MO	C	0.91%
CRNX	C	0.9%
MA	B	0.88%
PG	C	0.87%
COST	B	0.87%
HD	B	0.85%
ABBV	C	0.76%
CCI	C	0.67%
BRBR	C	0.64%
CALM	A	0.61%
PTVE	D	0.61%
INGR	B	0.61%
NVS	C	0.59%
IDA	C	0.55%
PEP	C	0.51%
STNG	D	0.51%
MDT	C	0.5%
MEDP	F	0.48%
INSM	D	0.48%
TOL	B	0.45%
SLM	D	0.44%
CVLT	B	0.43%
EXP	B	0.43%
BMY	C	0.42%
VZ	B	0.4%
ALSN	B	0.4%
DELL	D	0.4%
AM	C	0.39%
ITW	C	0.39%
NOW	B	0.38%
IBM	B	0.38%
CME	C	0.38%
PM	C	0.38%
DECK	C	0.38%
AMT	C	0.38%
AMGN	B	0.37%
T	C	0.37%
USFD	B	0.37%
EHC	C	0.37%
UMBF	B	0.37%
LANC	D	0.37%
HESM	D	0.37%
SPGI	B	0.36%
PPC	D	0.36%
FNF	B	0.36%
DTM	B	0.36%
SCCO	D	0.36%
QCOM	D	0.36%
ISRG	B	0.36%
TXN	C	0.36%
IIPR	B	0.36%
RTX	C	0.35%
KNSL	C	0.35%
REYN	C	0.34%
AMAT	D	0.34%
IDCC	B	0.34%
SFM	B	0.34%
PSA	B	0.34%
DUK	C	0.34%
UNP	C	0.33%
EWBC	D	0.33%
WSO	C	0.32%
VEEV	C	0.32%
ADP	B	0.32%
SBRA	C	0.32%
SLVM	B	0.32%
BAH	C	0.32%
PFE	C	0.31%
KRC	B	0.3%
DHT	D	0.3%
LOW	B	0.3%
HON	D	0.29%
O	C	0.29%
NEE	C	0.28%
GAP	F	0.28%
MGEE	B	0.28%
TMUS	C	0.27%
SBLK	D	0.27%
GGG	C	0.27%
BKU	C	0.27%
LOPE	D	0.27%
AMH	C	0.26%
CNA	C	0.25%
CL	D	0.25%
MATX	B	0.25%
COP	D	0.24%
CVX	D	0.24%
FLO	C	0.23%
ATR	B	0.23%
OGN	D	0.23%
OTTR	F	0.22%
BLK	B	0.21%
EQIX	C	0.21%
PAYX	C	0.2%
MUSA	D	0.2%
NEU	D	0.19%
XEL	B	0.19%
CVBF	D	0.16%
MSI	B	0.16%
EXR	B	0.16%
WEC	C	0.16%
ELV	C	0.14%
SFNC	B	0.13%
KAR	D	0.13%
NHI	C	0.13%
GEV	B	0.12%
TGT	C	0.11%
BX	B	0.11%
D	C	0.09%
GIS	B	0.09%
MDLZ	B	0.09%
BDX	D	0.08%
SPG	B	0.05%
AJG	D	0.05%

FTHI Underweight 92 Positions Relative to FFLC

Symbol	Grade	Weight
BA	F	-1.31%
BSX	B	-1.23%
CMCSA	D	-1.16%
ETN	C	-1.05%
UBER	C	-1.04%
PH	B	-1.02%
CB	B	-0.97%
NKE	D	-0.92%
PWR	B	-0.92%
KVUE	C	-0.88%
REGN	C	-0.76%
FCX	D	-0.75%
IR	C	-0.73%
APTV	D	-0.71%
BKR	C	-0.7%
SHOP	C	-0.69%
ON	D	-0.69%
NXPI	F	-0.68%
HWM	B	-0.67%
JBL	D	-0.67%
GNRC	D	-0.66%
CEG	C	-0.66%
KDP	B	-0.63%
MS	D	-0.6%
NOC	B	-0.6%
SLB	F	-0.6%
BJ	D	-0.58%
TSM	C	-0.58%
DIS	D	-0.57%
ADI	C	-0.55%
CI	C	-0.52%
FLEX	C	-0.52%
LNG	C	-0.51%
CNC	D	-0.51%
RL	C	-0.51%
ABNB	D	-0.5%
CE	F	-0.49%
HLT	B	-0.49%
MLM	D	-0.48%
CLX	C	-0.47%
AZN	D	-0.47%
VRT	C	-0.46%
NVR	B	-0.45%
BWXT	D	-0.45%
SNPS	D	-0.44%
CSCO	C	-0.44%
WDAY	D	-0.44%
DT	C	-0.43%
KBR	D	-0.42%
ESI	D	-0.42%
CMG	C	-0.42%
FCN	D	-0.41%
SPOT	B	-0.4%
ITT	B	-0.39%
LEN	B	-0.39%
CBRE	A	-0.39%
BLDR	C	-0.39%
FOUR	C	-0.39%
AVY	C	-0.38%
EDR	A	-0.37%
URI	B	-0.37%
WSC	D	-0.32%
TRNO	C	-0.32%
HES	F	-0.32%
HOLX	B	-0.28%
EL	F	-0.27%
MDB	D	-0.27%
CHDN	C	-0.27%
SAM	F	-0.27%
GLPI	C	-0.26%
TT	B	-0.26%
ASML	F	-0.25%
FSLR	C	-0.25%
AR	F	-0.24%
ACGL	C	-0.24%
FND	C	-0.24%
TER	D	-0.22%
WST	D	-0.22%
DKS	D	-0.21%
STZ	D	-0.2%
WNS	F	-0.19%
ESS	B	-0.18%
FAF	B	-0.18%
OI	D	-0.17%
NFE	F	-0.16%
OWL	C	-0.16%
MU	F	-0.14%
MASI	F	-0.12%
AGL	F	-0.12%
LEGN	F	-0.12%
LFST	C	-0.06%
MRVL	C	-0.04%