GMOV vs. FMDE ETF Comparison

Comparison of GMO US Value ETF (GMOV) to Fidelity Enhanced Mid Cap ETF (FMDE)

GMOV

GMO US Value ETF

GMOV Description

GMOV aims for total return by investing in undervalued securities within the US stock market. The fund employs a combination of proprietary quantitative analysis and historical comparisons to evaluate stocks based on key financial indicators, such as asset valuation, cash flow, and future earnings potential. This evaluation process supports informed decisions about position sizes and sector allocations, while also integrating ESG criteria to avoid industries like cluster munitions and thermal coal. GMOV maintains a focus on US companies, ensuring at least 80% of its assets are linked to this market, which allows for potential concentration in specific sectors. To enhance liquidity, the fund can invest in the GMO US Treasury Fund and other money market instruments, enabling adjustments to market conditions.

Grade (RS Rating)

Last Trade

$25.86

Average Daily Volume

31,420

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

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

Performance

Period	GMOV	FMDE
30 Days		8.08%
60 Days		9.45%
90 Days		11.70%
12 Months		39.69%

47 Overlapping Holdings

Symbol	Grade	Weight in GMOV	Weight in FMDE	Overlap
ACGL	D	0.26%	0.09%	0.09%
ADM	D	0.76%	0.07%	0.07%
ALL	A	0.19%	0.57%	0.19%
ALSN	B	0.23%	0.37%	0.23%
ARW	D	0.54%	0.01%	0.01%
BBY	D	0.76%	0.03%	0.03%
BK	A	1.24%	0.99%	0.99%
CI	F	1.96%	0.06%	0.06%
CMI	A	1.41%	0.94%	0.94%
CNC	D	0.76%	0.57%	0.57%
DFS	B	0.94%	0.21%	0.21%
EBAY	D	0.93%	0.32%	0.32%
EG	C	0.47%	0.06%	0.06%
EXEL	B	0.36%	0.52%	0.36%
GIS	D	0.83%	0.33%	0.33%
HIG	B	0.97%	0.4%	0.4%
HPE	B	1.32%	0.61%	0.61%
HPQ	B	0.97%	0.01%	0.01%
HRB	D	0.55%	0.22%	0.22%
HUM	C	0.68%	0.06%	0.06%
INCY	C	0.43%	0.6%	0.43%
INGR	B	0.26%	0.24%	0.24%
JAZZ	B	0.15%	0.02%	0.02%
JHG	A	0.21%	0.07%	0.07%
KMB	D	0.14%	0.22%	0.14%
KR	B	0.91%	0.73%	0.73%
MTB	A	0.99%	0.22%	0.22%
NUE	C	0.56%	0.6%	0.56%
OC	A	0.18%	0.23%	0.18%
OVV	B	0.27%	0.02%	0.02%
PCAR	B	0.89%	0.38%	0.38%
PHM	D	0.25%	0.05%	0.05%
PPG	F	0.28%	0.66%	0.28%
PYPL	B	0.92%	0.54%	0.54%
SEE	C	0.06%	0.34%	0.06%
SNX	C	0.08%	0.44%	0.08%
SOLV	C	1.0%	0.39%	0.39%
STLD	B	0.64%	0.47%	0.47%
STT	A	0.89%	0.72%	0.72%
SWKS	F	0.68%	0.45%	0.45%
SYF	B	0.84%	0.36%	0.36%
TOL	B	0.12%	0.62%	0.12%
TPR	B	0.58%	0.51%	0.51%
UNM	A	0.59%	0.52%	0.52%
UTHR	C	0.27%	0.35%	0.27%
WU	D	0.42%	0.33%	0.33%
ZM	B	0.67%	0.67%	0.67%

GMOV Overweight 99 Positions Relative to FMDE

Symbol	Grade	Weight
JNJ	D	3.45%
XOM	B	3.13%
JPM	A	3.07%
BAC	A	3.0%
CVX	A	2.76%
GOOGL	C	2.65%
CSCO	B	2.63%
MRK	F	2.48%
META	D	2.43%
IBM	C	2.25%
GS	A	2.16%
PFE	D	2.1%
VZ	C	1.95%
CMCSA	B	1.9%
C	A	1.86%
ELV	F	1.36%
INTC	D	1.2%
EOG	A	1.18%
LYB	F	1.17%
CVS	D	1.14%
MDT	D	1.13%
COF	B	1.11%
REGN	F	1.02%
GM	B	0.91%
CTSH	B	0.9%
F	C	0.89%
QCOM	F	0.86%
KHC	F	0.78%
MS	A	0.77%
TROW	B	0.74%
BWA	D	0.65%
DG	F	0.64%
USB	A	0.62%
MTG	C	0.59%
BG	F	0.59%
TGT	F	0.58%
ALLY	C	0.57%
VTRS	A	0.56%
RDN	C	0.51%
AVT	C	0.5%
TAP	C	0.5%
SKX	D	0.49%
LEA	D	0.46%
CROX	D	0.46%
AGCO	D	0.45%
CAG	D	0.45%
WHR	B	0.43%
PVH	C	0.42%
SIG	B	0.35%
OSK	B	0.34%
AMG	B	0.32%
AN	C	0.32%
ASO	F	0.3%
GPI	A	0.3%
FHI	A	0.3%
PG	A	0.3%
UFPI	B	0.29%
PII	D	0.27%
KBH	D	0.27%
JXN	C	0.25%
BEN	C	0.23%
MLI	C	0.21%
IVZ	B	0.21%
LKQ	D	0.2%
SLM	A	0.19%
APTV	D	0.19%
ALV	C	0.18%
OMF	A	0.17%
CMC	B	0.16%
FOXA	B	0.14%
MOS	F	0.12%
RF	A	0.12%
MAN	D	0.1%
SNA	A	0.1%
FNF	B	0.09%
GHC	C	0.09%
ATKR	C	0.09%
CRI	D	0.09%
VLO	C	0.08%
M	D	0.08%
RHI	B	0.08%
ATGE	B	0.07%
WBA	F	0.07%
CNH	C	0.07%
TSN	B	0.07%
WFC	A	0.07%
AXP	A	0.06%
LZB	B	0.06%
KSS	F	0.06%
MATX	C	0.06%
FHN	A	0.06%
PINC	B	0.06%
BC	C	0.06%
TEX	D	0.05%
CNXC	F	0.05%
NEU	C	0.05%
BCC	B	0.05%
FL	F	0.02%
WGO	C	0.01%

GMOV Underweight 245 Positions Relative to FMDE

Symbol	Grade	Weight
WMB	A	-1.12%
SQ	B	-0.97%
SPG	B	-0.96%
VST	B	-0.94%
HWM	A	-0.89%
PRU	A	-0.85%
MSCI	C	-0.84%
UAL	A	-0.79%
RJF	A	-0.78%
CVNA	B	-0.75%
CAH	B	-0.74%
EXPE	B	-0.73%
RBLX	C	-0.72%
WTW	B	-0.72%
ROST	C	-0.71%
VEEV	C	-0.71%
TOST	B	-0.69%
TWLO	A	-0.67%
AXON	A	-0.67%
CSGP	D	-0.66%
DOCU	A	-0.65%
NRG	B	-0.65%
CLX	B	-0.65%
NVR	D	-0.65%
KEY	B	-0.65%
CCL	B	-0.65%
NTAP	C	-0.64%
VICI	C	-0.63%
AIZ	A	-0.63%
FIS	C	-0.63%
EQH	B	-0.62%
EIX	B	-0.61%
IDXX	F	-0.61%
HUBS	A	-0.61%
AMP	A	-0.6%
CCI	D	-0.6%
LDOS	C	-0.6%
TXT	D	-0.59%
CW	B	-0.59%
HUBB	B	-0.59%
LNG	B	-0.59%
SSNC	B	-0.59%
EA	A	-0.58%
ALLE	D	-0.58%
DD	D	-0.58%
LYFT	C	-0.57%
DBX	B	-0.56%
DKNG	B	-0.56%
TRGP	B	-0.56%
FTV	C	-0.54%
GL	B	-0.54%
FFIV	B	-0.54%
MANH	D	-0.54%
CNP	B	-0.52%
CTAS	B	-0.52%
GRMN	B	-0.52%
DCI	B	-0.52%
COR	B	-0.51%
GILD	C	-0.51%
MPWR	F	-0.51%
QRVO	F	-0.5%
MSI	B	-0.5%
CACI	D	-0.49%
GAP	C	-0.49%
AMH	D	-0.49%
ECL	D	-0.49%
CCK	C	-0.48%
TDC	D	-0.48%
TT	A	-0.48%
BURL	A	-0.48%
AXTA	A	-0.47%
BWXT	B	-0.47%
BERY	B	-0.46%
PSA	D	-0.46%
BRX	A	-0.45%
NYT	C	-0.45%
MEDP	D	-0.45%
HLT	A	-0.45%
PEGA	A	-0.45%
ANF	C	-0.45%
NDAQ	A	-0.44%
CRUS	D	-0.44%
LNW	D	-0.44%
NBIX	C	-0.44%
WAB	B	-0.43%
PLTR	B	-0.43%
VMC	B	-0.42%
GWW	B	-0.42%
CL	D	-0.42%
EVRG	A	-0.41%
NVT	B	-0.41%
AME	A	-0.4%
AM	A	-0.39%
CPNG	D	-0.39%
FIX	A	-0.38%
EEFT	B	-0.38%
IGT	F	-0.38%
DHI	D	-0.37%
VMI	B	-0.37%
KLAC	D	-0.36%
PCG	A	-0.36%
HXL	D	-0.35%
LPX	B	-0.35%
ZION	B	-0.34%
RNG	B	-0.34%
DUOL	A	-0.33%
IQV	D	-0.33%
NTNX	A	-0.33%
WCC	B	-0.33%
UHS	D	-0.32%
BLD	D	-0.32%
Z	A	-0.32%
EME	C	-0.31%
COIN	C	-0.31%
CPAY	A	-0.31%
DVN	F	-0.31%
AYI	B	-0.31%
RS	B	-0.3%
APP	B	-0.3%
LEN	D	-0.29%
GDDY	A	-0.29%
EQR	B	-0.29%
RGA	A	-0.28%
MGM	D	-0.28%
XEL	A	-0.28%
MTDR	B	-0.28%
GLPI	C	-0.27%
IFF	D	-0.27%
BAH	F	-0.27%
CBOE	B	-0.27%
DXCM	D	-0.27%
A	D	-0.27%
ELAN	D	-0.27%
FANG	D	-0.26%
ZG	A	-0.26%
BMY	B	-0.26%
ZBRA	B	-0.25%
PLTK	B	-0.25%
BILL	A	-0.25%
BRO	B	-0.25%
CDW	F	-0.25%
LHX	C	-0.24%
SEIC	B	-0.24%
CFG	B	-0.23%
GTES	A	-0.23%
TW	A	-0.22%
HES	B	-0.22%
SBAC	D	-0.22%
FLS	B	-0.21%
PCTY	B	-0.21%
HII	D	-0.21%
ADTN	A	-0.2%
GPN	B	-0.2%
DKS	C	-0.2%
BLDR	D	-0.2%
MKTX	D	-0.19%
RCL	A	-0.18%
NWSA	B	-0.18%
NOC	D	-0.18%
ACM	A	-0.17%
MKL	A	-0.16%
DASH	A	-0.16%
WWD	B	-0.16%
USFD	A	-0.16%
SAM	C	-0.15%
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%
FTI	A	-0.12%
CHDN	B	-0.12%
ITT	A	-0.12%
AES	F	-0.12%
WSM	B	-0.11%
CBSH	A	-0.11%
MORN	B	-0.11%
IBKR	A	-0.11%
GEHC	F	-0.11%
NWS	B	-0.11%
EXC	C	-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%
CTRA	B	-0.1%
AXS	A	-0.09%
ES	D	-0.09%
LPLA	A	-0.09%
LEG	F	-0.08%
XRAY	F	-0.08%
MCHP	D	-0.08%
WBD	C	-0.08%
VSTS	C	-0.07%
CWEN	C	-0.07%
MSA	D	-0.07%
AMT	D	-0.06%
DTE	C	-0.06%
WDAY	B	-0.06%
FR	C	-0.06%
VIRT	B	-0.06%
TNL	A	-0.06%
L	A	-0.06%
NSC	B	-0.06%
CSL	C	-0.05%
WEN	D	-0.05%
EGP	F	-0.05%
TXG	F	-0.05%
DAL	C	-0.05%
NTRA	B	-0.05%
OGE	B	-0.04%
BBWI	D	-0.04%
DGX	A	-0.04%
BIIB	F	-0.04%
CWEN	C	-0.04%
ULTA	F	-0.04%
U	C	-0.04%
K	A	-0.04%
CF	B	-0.03%
EPR	D	-0.03%
REYN	D	-0.03%
AKAM	D	-0.03%
TXRH	C	-0.03%
BMRN	D	-0.03%
CNM	D	-0.03%
SF	B	-0.03%
CBRE	B	-0.03%
QGEN	D	-0.02%
POST	C	-0.02%
AFL	B	-0.02%
AJG	B	-0.02%
ED	D	-0.02%
HAL	C	-0.02%
MRO	B	-0.02%
LSCC	D	-0.01%
STAG	F	-0.01%
OKE	A	-0.01%
SWK	D	-0.01%
HOOD	B	-0.01%