GSEW vs. FHEQ ETF Comparison

Comparison of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) to Fidelity Hedged Equity ETF (FHEQ)

GSEW

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

GSEW Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive US Large Cap Equal Weight Index (GTR). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index consists of equity securities of large capitalization U.S. issuers. The index is an equal-weight version of the Solactive US Large Cap Index, a market capitalization-weighted index that includes equity securities of approximately 500 of the largest U.S. companies.

Grade (RS Rating)

Last Trade

$82.13

Average Daily Volume

46,558

Number of Holdings ^*

489

* may have additional holdings in another (foreign) market

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	GSEW	FHEQ
30 Days	5.61%	2.51%
60 Days	6.23%	3.80%
90 Days	8.71%	4.54%
12 Months	32.95%

129 Overlapping Holdings

Symbol	Grade	Weight in GSEW	Weight in FHEQ	Overlap
AAPL	C	0.2%	7.31%	0.2%
ABBV	D	0.17%	1.0%	0.17%
ADBE	C	0.2%	0.93%	0.2%
ADP	B	0.2%	0.16%	0.16%
ALL	A	0.21%	0.07%	0.07%
AMAT	F	0.19%	0.7%	0.19%
AME	A	0.2%	0.22%	0.2%
AMGN	D	0.18%	0.24%	0.18%
AMT	D	0.2%	0.24%	0.2%
AMZN	C	0.19%	3.64%	0.19%
ANET	C	0.19%	0.08%	0.08%
AVGO	D	0.18%	1.49%	0.18%
AXP	A	0.2%	0.43%	0.2%
BAC	A	0.2%	1.17%	0.2%
BAH	F	0.16%	0.09%	0.09%
BDX	F	0.19%	0.59%	0.19%
BIIB	F	0.18%	0.21%	0.18%
BK	A	0.2%	0.36%	0.2%
BLK	C	0.2%	0.23%	0.2%
BMY	B	0.2%	0.68%	0.2%
BRK.A	B	0.2%	2.19%	0.2%
C	A	0.2%	0.54%	0.2%
CAH	B	0.21%	0.4%	0.21%
CAT	B	0.19%	0.48%	0.19%
CI	F	0.21%	0.63%	0.21%
CINF	A	0.2%	0.12%	0.12%
CL	D	0.21%	0.58%	0.21%
CLX	B	0.2%	0.2%	0.2%
CMCSA	B	0.19%	0.83%	0.19%
CME	A	0.2%	0.37%	0.2%
CMG	B	0.2%	0.49%	0.2%
COST	B	0.21%	0.45%	0.21%
CRM	B	0.22%	1.09%	0.22%
CSCO	B	0.2%	0.79%	0.2%
CSX	B	0.19%	0.43%	0.19%
CTAS	B	0.2%	0.66%	0.2%
CVNA	B	0.21%	0.52%	0.21%
CVS	D	0.19%	0.22%	0.19%
CVX	A	0.2%	0.02%	0.02%
DASH	A	0.21%	0.12%	0.12%
DIS	B	0.23%	0.57%	0.23%
DOC	D	0.19%	0.08%	0.08%
DVN	F	0.19%	0.53%	0.19%
ECL	D	0.2%	0.62%	0.2%
EOG	A	0.21%	0.43%	0.21%
ETN	A	0.2%	0.15%	0.15%
F	C	0.19%	0.15%	0.15%
FTNT	C	0.23%	0.24%	0.23%
GE	D	0.2%	0.45%	0.2%
GEHC	F	0.19%	0.17%	0.17%
GEN	B	0.2%	0.13%	0.13%
GILD	C	0.19%	0.73%	0.19%
GOOGL	C	0.19%	2.02%	0.19%
GRMN	B	0.2%	0.31%	0.2%
HD	A	0.21%	1.32%	0.21%
HLT	A	0.2%	0.18%	0.18%
HWM	A	0.2%	0.27%	0.2%
IDXX	F	0.2%	0.26%	0.2%
JNJ	D	0.19%	0.61%	0.19%
JPM	A	0.2%	1.82%	0.2%
KLAC	D	0.19%	0.54%	0.19%
KR	B	0.19%	0.11%	0.11%
L	A	0.2%	0.07%	0.07%
LDOS	C	0.17%	0.32%	0.17%
LHX	C	0.19%	0.23%	0.19%
LLY	F	0.19%	0.76%	0.19%
LMT	D	0.19%	0.69%	0.19%
LPLA	A	0.21%	0.03%	0.03%
LRCX	F	0.19%	0.23%	0.19%
MA	C	0.2%	1.34%	0.2%
MDLZ	F	0.19%	0.07%	0.07%
META	D	0.2%	2.87%	0.2%
MKL	A	0.21%	0.09%	0.09%
MMC	B	0.2%	0.52%	0.2%
MMM	D	0.19%	0.22%	0.19%
MRK	F	0.19%	0.69%	0.19%
MS	A	0.2%	0.16%	0.16%
MSCI	C	0.2%	0.49%	0.2%
MSFT	F	0.2%	5.64%	0.2%
MSI	B	0.21%	0.26%	0.21%
MU	D	0.18%	0.47%	0.18%
NEE	D	0.21%	0.73%	0.21%
NFLX	A	0.23%	1.26%	0.23%
NOC	D	0.19%	0.56%	0.19%
NOW	A	0.21%	0.34%	0.21%
NSC	B	0.19%	0.26%	0.19%
NUE	C	0.18%	0.32%	0.18%
NVDA	C	0.2%	7.27%	0.2%
ORCL	B	0.21%	0.04%	0.04%
PCAR	B	0.2%	0.42%	0.2%
PFE	D	0.18%	0.56%	0.18%
PG	A	0.21%	0.87%	0.21%
PGR	A	0.2%	0.63%	0.2%
PM	B	0.21%	0.92%	0.21%
PPG	F	0.19%	0.34%	0.19%
PSA	D	0.21%	0.19%	0.19%
PYPL	B	0.21%	0.54%	0.21%
QCOM	F	0.18%	0.84%	0.18%
ROST	C	0.2%	0.1%	0.1%
RSG	A	0.21%	0.2%	0.2%
RTX	C	0.2%	0.44%	0.2%
SCHW	B	0.21%	0.56%	0.21%
SPG	B	0.21%	0.16%	0.16%
SPGI	C	0.21%	0.28%	0.21%
SQ	B	0.24%	0.59%	0.24%
T	A	0.2%	0.67%	0.2%
TJX	A	0.21%	0.73%	0.21%
TMO	F	0.18%	0.26%	0.18%
TMUS	B	0.2%	0.29%	0.2%
TROW	B	0.19%	0.23%	0.19%
TRV	B	0.2%	0.49%	0.2%
TSLA	B	0.24%	1.26%	0.24%
TT	A	0.21%	0.69%	0.21%
TXT	D	0.19%	0.51%	0.19%
UBER	D	0.19%	0.14%	0.14%
UNH	C	0.2%	0.57%	0.2%
UNP	C	0.19%	0.73%	0.19%
V	A	0.2%	0.47%	0.2%
VEEV	C	0.2%	0.12%	0.12%
VST	B	0.27%	0.11%	0.11%
VZ	C	0.2%	0.18%	0.18%
WDAY	B	0.21%	0.16%	0.16%
WFC	A	0.2%	0.15%	0.15%
WM	A	0.2%	0.38%	0.2%
WMT	A	0.21%	0.8%	0.21%
XEL	A	0.21%	0.21%	0.21%
XOM	B	0.2%	1.54%	0.2%
ZBRA	B	0.2%	0.47%	0.2%
ZM	B	0.2%	0.52%	0.2%

GSEW Overweight 360 Positions Relative to FHEQ

Symbol	Grade	Weight
APP	B	0.38%
MSTR	C	0.31%
SNOW	C	0.28%
WSM	B	0.27%
SMCI	F	0.27%
AXON	A	0.27%
VRT	B	0.24%
HUBS	A	0.24%
COIN	C	0.24%
WBD	C	0.24%
TPL	A	0.23%
OKE	A	0.23%
PLTR	B	0.23%
DKNG	B	0.23%
MCK	B	0.23%
EQT	B	0.23%
ATO	A	0.22%
BURL	A	0.22%
UAL	A	0.22%
PEG	A	0.22%
BX	A	0.22%
DECK	A	0.22%
PODD	C	0.22%
GDDY	A	0.22%
LYV	A	0.22%
SRE	A	0.22%
TRGP	B	0.22%
PWR	A	0.22%
LNT	A	0.22%
MDB	C	0.22%
CRWD	B	0.22%
TTWO	A	0.22%
FICO	B	0.22%
CTRA	B	0.22%
IBKR	A	0.22%
TEAM	A	0.22%
DDOG	A	0.22%
FLUT	A	0.22%
LNG	B	0.22%
VTRS	A	0.22%
NET	B	0.22%
PANW	C	0.21%
PNR	A	0.21%
VLTO	D	0.21%
INTU	C	0.21%
KKR	A	0.21%
JCI	C	0.21%
WPC	D	0.21%
RF	A	0.21%
ESS	B	0.21%
AFL	B	0.21%
MCO	B	0.21%
FTV	C	0.21%
ALGN	D	0.21%
HUM	C	0.21%
ANSS	B	0.21%
PCG	A	0.21%
FCNCA	A	0.21%
CMI	A	0.21%
IRM	D	0.21%
KIM	A	0.21%
VICI	C	0.21%
KMB	D	0.21%
AJG	B	0.21%
HPQ	B	0.21%
GWRE	A	0.21%
EQIX	A	0.21%
AWK	D	0.21%
BR	A	0.21%
WELL	A	0.21%
HON	B	0.21%
ADSK	A	0.21%
IBM	C	0.21%
MAA	B	0.21%
EME	C	0.21%
SBUX	A	0.21%
NTAP	C	0.21%
NRG	B	0.21%
HAL	C	0.21%
WEC	A	0.21%
STZ	D	0.21%
CBOE	B	0.21%
CCL	B	0.21%
NDAQ	A	0.21%
EQR	B	0.21%
BKNG	A	0.21%
EXR	D	0.21%
SYK	C	0.21%
KEYS	A	0.21%
OC	A	0.21%
EL	F	0.21%
EVRG	A	0.21%
BSX	B	0.21%
RCL	A	0.21%
DGX	A	0.21%
CEG	D	0.21%
EA	A	0.21%
EG	C	0.21%
SW	A	0.21%
EIX	B	0.21%
PPL	B	0.21%
EW	C	0.21%
TW	A	0.21%
LII	A	0.21%
NI	A	0.21%
APD	A	0.21%
ISRG	A	0.21%
NTNX	A	0.21%
AEE	A	0.21%
ZS	C	0.21%
CPAY	A	0.21%
BKR	B	0.21%
FDX	B	0.21%
CHD	B	0.21%
KVUE	A	0.21%
WSO	A	0.21%
DLTR	F	0.21%
EXPE	B	0.21%
TSN	B	0.21%
WMB	A	0.21%
DE	A	0.21%
CF	B	0.21%
CNP	B	0.21%
DLR	B	0.21%
KMI	A	0.21%
DXCM	D	0.21%
WAB	B	0.2%
UPS	C	0.2%
CTVA	C	0.2%
RS	B	0.2%
GLW	B	0.2%
KEY	B	0.2%
FIS	C	0.2%
HOLX	D	0.2%
MRO	B	0.2%
TYL	B	0.2%
SUI	D	0.2%
FAST	B	0.2%
LVS	C	0.2%
WTW	B	0.2%
STT	A	0.2%
CFG	B	0.2%
SBAC	D	0.2%
RMD	C	0.2%
OTIS	C	0.2%
FANG	D	0.2%
PH	A	0.2%
NKE	D	0.2%
OXY	D	0.2%
ED	D	0.2%
CTSH	B	0.2%
MNST	C	0.2%
COR	B	0.2%
K	A	0.2%
AIG	B	0.2%
USB	A	0.2%
DOV	A	0.2%
BLDR	D	0.2%
PHM	D	0.2%
POOL	C	0.2%
FNF	B	0.2%
GWW	B	0.2%
TRMB	B	0.2%
KO	D	0.2%
TDY	B	0.2%
ENTG	D	0.2%
VRSN	F	0.2%
ABT	B	0.2%
BRO	B	0.2%
SO	D	0.2%
GPC	D	0.2%
INTC	D	0.2%
GS	A	0.2%
IR	B	0.2%
AEP	D	0.2%
IP	B	0.2%
SHW	A	0.2%
ADM	D	0.2%
YUM	B	0.2%
LEN	D	0.2%
EBAY	D	0.2%
TFC	A	0.2%
AMP	A	0.2%
DPZ	C	0.2%
FE	C	0.2%
CCI	D	0.2%
AON	A	0.2%
APO	B	0.2%
IFF	D	0.2%
D	C	0.2%
BALL	D	0.2%
PNC	B	0.2%
XYL	D	0.2%
PKG	A	0.2%
PLD	D	0.2%
GEV	B	0.2%
HBAN	A	0.2%
DUK	C	0.2%
EMR	A	0.2%
GGG	B	0.2%
DTE	C	0.2%
CARR	D	0.2%
MKC	D	0.2%
MET	A	0.2%
SNPS	B	0.2%
DELL	C	0.2%
CMS	C	0.2%
VLO	C	0.2%
GPN	B	0.2%
EXPD	D	0.2%
ACN	C	0.2%
SLB	C	0.2%
O	D	0.2%
RPM	A	0.2%
CB	C	0.2%
LUV	C	0.2%
LOW	D	0.2%
NTRS	A	0.2%
EXC	C	0.2%
MRVL	B	0.2%
RJF	A	0.2%
ICE	C	0.2%
MTB	A	0.2%
GM	B	0.2%
ARES	A	0.2%
DAL	C	0.2%
APH	A	0.2%
SSNC	B	0.2%
FITB	A	0.2%
CSGP	D	0.2%
FDS	B	0.2%
INVH	D	0.2%
CBRE	B	0.2%
HPE	B	0.2%
ES	D	0.2%
VTR	C	0.2%
HES	B	0.2%
MAR	B	0.2%
VRSK	A	0.2%
MPC	D	0.2%
TTD	B	0.2%
PSX	C	0.2%
CDNS	B	0.2%
CPRT	A	0.2%
SNA	A	0.2%
ETR	B	0.2%
ROL	B	0.2%
FI	A	0.2%
ZTS	D	0.2%
WRB	A	0.2%
AVB	B	0.2%
HIG	B	0.2%
LH	C	0.2%
MO	A	0.2%
TOL	B	0.2%
BG	F	0.2%
JBHT	C	0.19%
FSLR	F	0.19%
HCA	F	0.19%
ON	D	0.19%
SWKS	F	0.19%
CHTR	C	0.19%
ADI	D	0.19%
DHR	F	0.19%
DG	F	0.19%
STE	F	0.19%
MLM	B	0.19%
STLD	B	0.19%
RBLX	C	0.19%
MDT	D	0.19%
ABNB	C	0.19%
TSCO	D	0.19%
ELV	F	0.19%
ARE	D	0.19%
WDC	D	0.19%
A	D	0.19%
JBL	B	0.19%
ROK	B	0.19%
ODFL	B	0.19%
BMRN	D	0.19%
JKHY	D	0.19%
HUBB	B	0.19%
URI	B	0.19%
AMD	F	0.19%
DRI	B	0.19%
PSTG	D	0.19%
TRU	D	0.19%
STX	D	0.19%
EFX	F	0.19%
AZO	C	0.19%
BA	F	0.19%
COF	B	0.19%
GIS	D	0.19%
IEX	B	0.19%
WAT	B	0.19%
CNC	D	0.19%
LYB	F	0.19%
BBY	D	0.19%
SWK	D	0.19%
SYY	B	0.19%
VMC	B	0.19%
NDSN	B	0.19%
MANH	D	0.19%
MAS	D	0.19%
DD	D	0.19%
AVY	D	0.19%
SYF	B	0.19%
TER	D	0.19%
PTC	A	0.19%
PEP	F	0.19%
NEM	D	0.19%
KDP	D	0.19%
IT	C	0.19%
ACGL	D	0.19%
DFS	B	0.19%
WST	C	0.19%
WY	D	0.19%
PAYX	C	0.19%
OMC	C	0.19%
NVR	D	0.19%
EXAS	D	0.19%
ITW	B	0.19%
HSY	F	0.19%
LIN	D	0.19%
CSL	C	0.19%
ROP	B	0.19%
COP	C	0.19%
MCD	D	0.19%
ZBH	C	0.19%
ORLY	B	0.19%
DHI	D	0.19%
PRU	A	0.19%
PFG	D	0.19%
AVTR	F	0.18%
ULTA	F	0.18%
RVTY	F	0.18%
MOH	F	0.18%
TDG	D	0.18%
MCHP	D	0.18%
ALNY	D	0.18%
ILMN	D	0.18%
IQV	D	0.18%
REGN	F	0.18%
GD	F	0.18%
J	F	0.18%
VRTX	F	0.18%
BAX	D	0.18%
KHC	F	0.18%
CAG	D	0.18%
FCX	D	0.18%
TXN	C	0.18%
DOW	F	0.18%
MTD	D	0.17%
PINS	D	0.17%
AKAM	D	0.17%
CDW	F	0.17%
CE	F	0.16%
TGT	F	0.16%
MRNA	F	0.15%
MPWR	F	0.15%

GSEW Underweight 39 Positions Relative to FHEQ

Symbol	Grade	Weight
GOOG	C	-1.74%
SEIC	B	-0.54%
DBX	B	-0.51%
IGT	F	-0.45%
ALLE	D	-0.44%
EXEL	B	-0.43%
ALRM	C	-0.4%
TDC	D	-0.35%
ANF	C	-0.33%
MEDP	D	-0.31%
CACI	D	-0.3%
SKYW	B	-0.29%
INCY	C	-0.27%
MGM	D	-0.22%
GL	B	-0.2%
GAP	C	-0.18%
DOCU	A	-0.18%
LNW	D	-0.17%
FTI	A	-0.17%
PEGA	A	-0.16%
TPH	D	-0.15%
SOLV	C	-0.12%
NBIX	C	-0.11%
BBWI	D	-0.11%
QRVO	F	-0.11%
PLTK	B	-0.1%
BCC	B	-0.07%
TENB	C	-0.06%
CRUS	D	-0.06%
LYFT	C	-0.06%
BLD	D	-0.05%
UTHR	C	-0.05%
QGEN	D	-0.04%
SCCO	F	-0.04%
MHO	D	-0.02%
TWLO	A	-0.02%
UNM	A	-0.01%
NWL	B	-0.01%
OGE	B	-0.01%