GLOF vs. FFLC ETF Comparison

Comparison of iShares Global Equity Factor ETF (GLOF) to Fidelity Fundamental Large Cap Core ETF (FFLC)

GLOF

iShares Global Equity Factor ETF

GLOF Description

The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index is designed to contain equity securities from the MSCI ACWI Index (the parent index) that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the parent index.

Grade (RS Rating)

Last Trade

$44.65

Average Daily Volume

4,366

Number of Holdings ^*

189

* 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

$47.24

Average Daily Volume

103,927

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GLOF	FFLC
30 Days	1.47%	2.14%
60 Days	1.03%	3.92%
90 Days	1.65%	6.30%
12 Months	25.88%	37.29%

34 Overlapping Holdings

Symbol	Grade	Weight in GLOF	Weight in FFLC	Overlap
AAPL	C	4.28%	4.26%	4.26%
ABBV	D	0.62%	0.61%	0.61%
ABNB	C	0.24%	0.33%	0.24%
AMZN	C	2.18%	2.89%	2.18%
AVGO	D	1.19%	1.98%	1.19%
BAC	A	0.22%	2.18%	0.22%
BMY	B	0.36%	0.92%	0.36%
CEG	D	0.01%	1.06%	0.01%
COST	B	0.51%	0.63%	0.51%
CSCO	B	0.24%	1.1%	0.24%
DOX	D	0.04%	0.53%	0.04%
ELV	F	0.3%	0.63%	0.3%
ETN	A	0.18%	1.02%	0.18%
GILD	C	0.27%	0.27%	0.27%
INTU	C	0.5%	1.0%	0.5%
KO	D	0.2%	0.94%	0.2%
LIN	D	0.18%	0.2%	0.18%
LLY	F	0.73%	1.85%	0.73%
LOW	D	0.65%	1.06%	0.65%
MA	C	0.52%	0.85%	0.52%
MELI	D	0.29%	0.2%	0.2%
META	D	1.35%	4.7%	1.35%
MSFT	F	4.06%	6.98%	4.06%
NVDA	C	4.5%	5.71%	4.5%
ORCL	B	0.4%	0.97%	0.4%
SPG	B	0.08%	0.18%	0.08%
TMO	F	0.34%	1.18%	0.34%
TRV	B	0.16%	0.87%	0.16%
UBER	D	0.09%	0.61%	0.09%
UNH	C	0.73%	1.72%	0.73%
URI	B	0.11%	0.92%	0.11%
V	A	0.76%	1.31%	0.76%
WFC	A	0.17%	1.82%	0.17%
XOM	B	0.36%	2.88%	0.36%

GLOF Overweight 155 Positions Relative to FFLC

Symbol	Grade	Weight
GOOG	C	2.61%
JPM	A	0.94%
BKNG	A	0.77%
PG	A	0.72%
HD	A	0.7%
FTNT	C	0.65%
WMT	A	0.65%
FICO	B	0.62%
MCK	B	0.61%
PEP	F	0.61%
JNJ	D	0.6%
SYF	B	0.58%
TEAM	A	0.57%
MCD	D	0.53%
AMP	A	0.51%
CDNS	B	0.51%
MSI	B	0.49%
CTAS	B	0.48%
BLDR	D	0.48%
TT	A	0.44%
VST	B	0.43%
MRK	F	0.42%
KR	B	0.42%
AZO	C	0.42%
LII	A	0.42%
DOCU	A	0.39%
BBY	D	0.39%
NOW	A	0.37%
MTD	D	0.37%
TSLA	B	0.37%
FERG	B	0.36%
T	A	0.35%
COF	B	0.35%
TXN	C	0.35%
QCOM	F	0.35%
MFG	B	0.34%
DELL	C	0.34%
AMAT	F	0.33%
ORLY	B	0.33%
PANW	C	0.33%
IT	C	0.33%
MSCI	C	0.32%
HPE	B	0.32%
EBAY	D	0.31%
TGT	F	0.31%
KLAC	D	0.3%
CRWD	B	0.29%
STLD	B	0.29%
ACN	C	0.29%
HPQ	B	0.28%
PM	B	0.27%
HOLX	D	0.25%
ABT	B	0.25%
ALLY	C	0.24%
GWW	B	0.24%
ANET	C	0.23%
MUFG	B	0.22%
PHM	D	0.22%
YUM	B	0.22%
SNPS	B	0.22%
MPC	D	0.21%
PFE	D	0.21%
AXP	A	0.21%
NVR	D	0.2%
DVA	B	0.2%
MOH	F	0.2%
PSA	D	0.2%
FNF	B	0.2%
AMGN	D	0.2%
NUE	C	0.2%
LRCX	F	0.2%
SPGI	C	0.2%
DFS	B	0.19%
ADBE	C	0.19%
BRK.A	B	0.19%
SBUX	A	0.19%
AFL	B	0.18%
LYB	F	0.18%
EMR	A	0.18%
STT	A	0.18%
VLTO	D	0.17%
MAS	D	0.17%
HUBS	A	0.17%
LI	F	0.16%
VRTX	F	0.15%
ZS	C	0.14%
HUM	C	0.14%
MRO	B	0.14%
SIRI	C	0.13%
GS	A	0.13%
GEHC	F	0.13%
HSY	F	0.13%
VLO	C	0.13%
COP	C	0.13%
NTAP	C	0.12%
BLK	C	0.12%
UNP	C	0.11%
EG	C	0.1%
CVS	D	0.1%
CDW	F	0.1%
VZ	C	0.1%
PFG	D	0.1%
BK	A	0.1%
DTE	C	0.09%
A	D	0.09%
FOXA	B	0.09%
SMFG	B	0.09%
NKE	D	0.08%
DE	A	0.08%
GM	B	0.08%
NWS	B	0.08%
TM	D	0.08%
IBM	C	0.08%
DOW	F	0.08%
IDXX	F	0.07%
LULU	C	0.07%
CF	B	0.07%
TJX	A	0.06%
CVX	A	0.06%
ULTA	F	0.06%
CRH	A	0.06%
NDAQ	A	0.06%
LINE	F	0.05%
FWONA	B	0.05%
MDLZ	F	0.05%
PAYX	C	0.05%
PH	A	0.05%
CHTR	C	0.05%
CPNG	D	0.05%
FRT	B	0.04%
TSCO	D	0.04%
EA	A	0.04%
CAT	B	0.04%
MCO	B	0.03%
QRVO	F	0.03%
MRNA	F	0.03%
MTCH	D	0.03%
NI	A	0.03%
REG	B	0.03%
WIT	A	0.02%
STX	D	0.02%
OMC	C	0.02%
CSX	B	0.02%
GL	B	0.02%
VICI	C	0.02%
WY	D	0.02%
BIIB	F	0.02%
MOS	F	0.02%
VRSN	F	0.02%
MDT	D	0.01%
OKTA	C	0.01%
VEEV	C	0.01%
PCAR	B	0.01%
PLD	D	0.01%
DHR	F	0.01%

GLOF Underweight 53 Positions Relative to FFLC

Symbol	Grade	Weight
GOOGL	C	-3.2%
SO	D	-1.72%
CMCSA	B	-1.69%
GE	D	-1.61%
BSX	B	-1.35%
FI	A	-1.34%
EIX	B	-1.31%
CI	F	-1.23%
SAP	B	-1.15%
KVUE	A	-1.04%
PNC	B	-1.01%
KDP	D	-1.0%
TSM	B	-0.97%
USB	A	-0.94%
GEV	B	-0.87%
APH	A	-0.85%
MOD	A	-0.84%
ALSN	B	-0.83%
UPS	C	-0.78%
RPRX	D	-0.76%
REGN	F	-0.75%
CB	C	-0.73%
BA	F	-0.72%
VRT	B	-0.66%
HRB	D	-0.64%
CCI	D	-0.61%
APO	B	-0.61%
KNX	B	-0.59%
FDX	B	-0.58%
WSO	A	-0.56%
NVO	D	-0.53%
HLT	A	-0.52%
MLM	B	-0.49%
AMT	D	-0.43%
DEO	F	-0.43%
MAR	B	-0.42%
AJG	B	-0.41%
WSM	B	-0.4%
GD	F	-0.38%
GEN	B	-0.37%
COR	B	-0.37%
LEN	D	-0.36%
GSK	F	-0.3%
HII	D	-0.29%
NOC	D	-0.25%
TMUS	B	-0.2%
DKS	C	-0.19%
SPR	D	-0.19%
ASML	F	-0.18%
IP	B	-0.18%
KBR	F	-0.17%
LNG	B	-0.03%
MRVL	B	-0.02%