GARP vs. FELG ETF Comparison

Comparison of iShares MSCI USA Quality GARP ETF (GARP) to Fidelity Enhanced Large Cap Growth ETF (FELG)

GARP

iShares MSCI USA Quality GARP ETF

GARP Description

Grade (RS Rating)

Last Trade

$55.77

Average Daily Volume

45,422

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

FELG

Fidelity Enhanced Large Cap Growth ETF

FELG Description

The fund will invest at least 80% of assets in common stocks included in the Russell 1000® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth 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. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.56

Average Daily Volume

215,901

Number of Holdings ^*

79

* may have additional holdings in another (foreign) market

Performance

Period	GARP	FELG
30 Days	6.13%	3.30%
60 Days	5.15%	5.16%
90 Days	6.86%	6.13%
12 Months	42.31%	36.94%

40 Overlapping Holdings

	Symbol	Grade	Weight in GARP	Weight in FELG	Overlap
	AAPL	C	4.72%	12.05%	4.72%
	ADBE	C	4.42%	1.29%	1.29%
	AMAT	F	2.92%	0.94%	0.94%
	AMD	F	1.42%	0.01%	0.01%
	AMZN	C	1.38%	6.62%	1.38%
	ANET	C	0.32%	0.83%	0.32%
	APP	B	0.37%	0.31%	0.31%
	AVGO	D	4.77%	3.11%	3.11%
	AXON	A	0.06%	0.32%	0.06%
	BKNG	A	0.49%	1.1%	0.49%
	CMG	B	0.8%	0.77%	0.77%
	CRM	B	2.03%	0.59%	0.59%
	DASH	A	0.37%	0.72%	0.37%
	FTNT	C	0.19%	0.65%	0.19%
	GOOG	C	0.92%	2.52%	0.92%
	GOOGL	C	3.1%	3.57%	3.1%
	HWM	A	0.43%	0.55%	0.43%
	IDXX	F	0.68%	0.39%	0.39%
	INCY	C	0.04%	0.5%	0.04%
	INTU	C	1.24%	0.11%	0.11%
	KLAC	D	3.73%	0.79%	0.79%
	LLY	F	2.66%	1.54%	1.54%
	LRCX	F	1.85%	0.82%	0.82%
	MA	C	4.23%	2.02%	2.02%
	META	D	4.29%	4.74%	4.29%
	MPWR	F	0.09%	0.4%	0.09%
	MRK	F	2.09%	1.35%	1.35%
	MSFT	F	4.71%	10.23%	4.71%
	NFLX	A	0.52%	1.81%	0.52%
	NOW	A	0.67%	0.51%	0.51%
	NVDA	C	5.41%	11.91%	5.41%
	ORCL	B	1.96%	0.46%	0.46%
	QCOM	F	1.16%	1.12%	1.12%
	SQ	A	0.13%	0.66%	0.13%
	TMUS	B	0.36%	0.5%	0.36%
	TPL	A	0.26%	0.03%	0.03%
	TSLA	B	6.23%	3.47%	3.47%
	UBER	D	0.19%	0.98%	0.19%
	V	A	2.04%	1.2%	1.2%
	WDAY	B	0.36%	0.71%	0.36%

GARP Overweight 105 Positions Relative to FELG

	Symbol	Grade	Weight
	GE	D	1.64%
	PGR	A	1.26%
	GWW	B	1.02%
	ODFL	B	0.85%
	ABNB	C	0.83%
	RCL	A	0.8%
	AMP	A	0.78%
	LULU	C	0.74%
	FLUT	A	0.66%
	SHW	A	0.65%
	MELI	D	0.6%
	APO	B	0.56%
	GS	A	0.55%
	DECK	A	0.53%
	CPRT	A	0.48%
	AXP	A	0.47%
	SLB	C	0.43%
	PANW	C	0.4%
	PLTR	B	0.38%
	MANH	D	0.38%
	GEV	B	0.37%
	HAL	C	0.37%
	ULTA	F	0.36%
	VRT	B	0.36%
	NXPI	D	0.36%
	VRTX	F	0.35%
	EQT	B	0.34%
	WSM	B	0.33%
	ACGL	D	0.32%
	EXPE	B	0.32%
	APTV	D	0.29%
	STLD	B	0.29%
	NUE	C	0.29%
	LII	A	0.27%
	CDNS	B	0.26%
	KKR	A	0.26%
	SNPS	B	0.26%
	CTRA	B	0.26%
	CRWD	B	0.25%
	DELL	C	0.24%
	MCK	B	0.22%
	PAYC	B	0.22%
	DVN	F	0.21%
	ADSK	A	0.21%
	CPAY	A	0.21%
	LPLA	A	0.2%
	FICO	B	0.18%
	GDDY	A	0.17%
	HES	B	0.17%
	APA	D	0.16%
	PTC	A	0.15%
	MRO	B	0.14%
	AZO	C	0.14%
	DKNG	B	0.13%
	TEAM	A	0.13%
	AMT	D	0.13%
	KNX	B	0.13%
	IT	C	0.13%
	DDOG	A	0.12%
	BURL	A	0.12%
	DT	C	0.1%
	ORLY	B	0.1%
	PSTG	D	0.1%
	ENTG	D	0.1%
	VEEV	C	0.1%
	TDG	D	0.1%
	H	B	0.1%
	IQV	D	0.1%
	DOCU	A	0.1%
	FCX	D	0.09%
	HLT	A	0.09%
	DAL	C	0.09%
	DOW	F	0.09%
	FANG	D	0.09%
	JBL	B	0.09%
	DXCM	D	0.08%
	WBD	C	0.07%
	LNG	B	0.07%
	CE	F	0.07%
	COIN	C	0.07%
	TRGP	B	0.06%
	SMCI	F	0.06%
	ZS	C	0.06%
	SBAC	D	0.06%
	MKL	A	0.06%
	ALNY	D	0.05%
	LW	C	0.05%
	PODD	C	0.05%
	ARES	A	0.05%
	MOH	F	0.05%
	ENPH	F	0.05%
	NBIX	C	0.04%
	OVV	B	0.04%
	FWONK	B	0.03%
	PINS	D	0.03%
	MGM	D	0.03%
	ALLY	C	0.03%
	NRG	B	0.03%
	CTLT	B	0.03%
	LYV	A	0.03%
	IOT	A	0.03%
	SNAP	C	0.02%
	MRNA	F	0.02%
	DVA	B	0.02%
	CELH	F	0.01%

GARP Underweight 39 Positions Relative to FELG

	Symbol	Grade	Weight
	ABBV	D	-0.94%
	COST	B	-0.91%
	TJX	A	-0.77%
	UNP	C	-0.74%
	ECL	D	-0.7%
	CTAS	B	-0.66%
	MSI	B	-0.65%
	TT	A	-0.63%
	LMT	D	-0.62%
	HD	A	-0.62%
	SCHW	B	-0.59%
	EXEL	B	-0.57%
	SPG	B	-0.56%
	BMY	B	-0.54%
	GRMN	B	-0.54%
	ANF	C	-0.52%
	LYFT	C	-0.51%
	ZM	B	-0.51%
	NTRA	B	-0.5%
	GILD	C	-0.5%
	NOC	D	-0.49%
	BBWI	D	-0.45%
	DBX	B	-0.43%
	ALLE	D	-0.33%
	CAT	B	-0.32%
	TW	A	-0.31%
	TDC	D	-0.3%
	MSCI	C	-0.26%
	NU	C	-0.19%
	CLX	B	-0.18%
	PEP	F	-0.15%
	SCCO	F	-0.14%
	WMT	A	-0.13%
	MEDP	D	-0.12%
	BAH	F	-0.11%
	ISRG	A	-0.1%
	ZBRA	B	-0.09%
	CVNA	B	-0.07%
	MORN	B	-0.07%

GARP: Top Represented Industries & Keywords

Industries: Software - Application Oil & Gas E&P Software - Infrastructure Internet Content & Information Semiconductors Specialty Retail Biotechnology Semiconductor Equipment & Materials Asset Management Credit Services Diagnostics & Research Telecom Services Aerospace & Defense Capital Markets Chemicals Computer Systems Drug Manufacturers - Major Gambling Insurance - Property & Casualty Internet Content & Information

Keywords: S&P 500 Nasdaq 100 Computing Cloud Computing IBD 50 Software Dow Jones Component Work From Home Cloud Infrastructure Mobile Devices Integrated Circuits Natural Gas Semiconductor Petroleum Industry Smartphones Software As A Service Telecommunications Life Sciences Operating System Cybersecurity

FELG: Top Represented Industries & Keywords

Industries: Software - Application Drug Manufacturers - Major Semiconductors Aerospace & Defense Apparel Stores Business Services Capital Markets Diagnostics & Research Internet Content & Information Semiconductor Equipment & Materials Software - Infrastructure Biotechnology Credit Services Discount Stores Specialty Industrial Machinery Specialty Retail Telecom Services Auto Manufacturers Banks - Diversified Beverages - Soft Drinks

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component IBD 50 Work From Home Smartphones Cloud Computing Mobile Devices Software Telecommunications Electronics Hyperscale Integrated Circuits Operating System Payment Systems Semiconductor Software As A Service Antibiotics Medicine