INFO vs. FHEQ ETF Comparison

Comparison of Harbor PanAgora Dynamic Large Cap Core ETF (INFO) to Fidelity Hedged Equity ETF (FHEQ)

INFO

Harbor PanAgora Dynamic Large Cap Core ETF

INFO Description

INFO aims to generate alpha consistently within the large-cap US market. Portfolio construction utilizes a bottom-up investment strategy integrating fundamental analysis with quantitative techniques and risk management tools. The subadvisor employs a proprietary alpha modeling framework to identify companies with strong financial and operational health, aiming for above-market returns relative to the S&P 500 Index. The strategy incorporates uncorrelated alpha factors, such as value, momentum, and quality. Additionally, ESG attributes are also evaluated to enhance the overall alpha scores. Security weighting is determined using a proprietary optimization technique, balancing alpha generation with risk metrics like tracking err, market risk, and concentration risk.

Grade (RS Rating)

Last Trade

$20.73

Average Daily Volume

887

Number of Holdings ^*

116

* 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

$27.57

Average Daily Volume

22,683

Number of Holdings ^*

169

* may have additional holdings in another (foreign) market

Performance

Period	INFO	FHEQ
30 Days	2.29%	1.74%
60 Days		5.17%
90 Days		5.89%
12 Months

64 Overlapping Holdings

Symbol	Grade	Weight in INFO	Weight in FHEQ	Overlap
AAPL	C	6.92%	7.05%	6.92%
ALL	B	0.81%	0.07%	0.07%
AMAT	F	0.97%	0.75%	0.75%
AMT	F	0.08%	0.21%	0.08%
AMZN	A	4.04%	3.61%	3.61%
ANET	C	0.91%	0.08%	0.08%
AVGO	C	1.31%	1.73%	1.31%
AXP	B	0.55%	0.42%	0.42%
BK	B	0.48%	0.35%	0.35%
BMY	B	0.6%	0.77%	0.6%
BRK.A	B	0.97%	2.12%	0.97%
CI	D	0.86%	0.65%	0.65%
CL	F	0.54%	0.55%	0.54%
CMCSA	B	0.88%	0.83%	0.83%
CNC	F	0.43%	0.06%	0.06%
COST	B	0.88%	0.45%	0.45%
CRM	B	1.44%	1.23%	1.23%
DASH	A	0.39%	0.12%	0.12%
ECL	C	0.57%	0.61%	0.57%
EOG	A	0.15%	0.27%	0.15%
FTI	B	0.35%	0.17%	0.17%
GE	D	1.1%	0.45%	0.45%
GOOGL	C	3.97%	2.05%	2.05%
HD	B	0.08%	1.27%	0.08%
HLT	A	0.05%	0.18%	0.05%
JNJ	D	0.97%	0.59%	0.59%
JPM	A	1.82%	1.75%	1.75%
KR	A	0.53%	0.11%	0.11%
LDOS	C	0.89%	0.39%	0.39%
LLY	F	0.92%	0.84%	0.84%
LMT	D	0.96%	0.73%	0.73%
LRCX	F	0.91%	0.24%	0.24%
MA	B	1.59%	1.33%	1.33%
MDLZ	F	0.62%	0.07%	0.07%
META	B	3.07%	2.96%	2.96%
MMC	D	0.82%	0.52%	0.52%
MRK	F	1.15%	0.66%	0.66%
MSCI	B	0.78%	0.49%	0.49%
MSFT	C	6.06%	5.62%	5.62%
MSI	B	0.9%	0.24%	0.24%
MU	D	0.26%	0.53%	0.26%
NEE	D	0.36%	0.69%	0.36%
NFLX	A	1.07%	1.21%	1.07%
NOC	D	0.1%	0.59%	0.1%
NOW	A	1.17%	0.34%	0.34%
NVDA	A	7.33%	7.54%	7.33%
PG	C	0.35%	0.82%	0.35%
PYPL	A	0.41%	0.54%	0.41%
QCOM	F	0.93%	0.82%	0.82%
QRVO	F	0.21%	0.11%	0.11%
ROST	D	0.41%	0.1%	0.1%
SPG	A	0.85%	0.15%	0.15%
SPGI	C	0.67%	0.41%	0.41%
TJX	A	1.01%	0.72%	0.72%
TSLA	B	1.31%	1.15%	1.15%
TT	B	0.91%	0.68%	0.68%
UBER	F	0.35%	0.14%	0.14%
UNH	B	0.35%	0.58%	0.35%
UNM	A	0.24%	0.01%	0.01%
V	A	1.12%	0.46%	0.46%
VEEV	B	0.34%	0.13%	0.13%
WDAY	B	0.4%	0.16%	0.16%
WMT	A	1.21%	0.79%	0.79%
XOM	B	1.17%	1.51%	1.17%

INFO Overweight 52 Positions Relative to FHEQ

Symbol	Grade	Weight
WFC	A	1.07%
SYF	B	1.01%
GM	B	0.98%
BKR	B	0.96%
MCK	B	0.94%
ETR	B	0.84%
HIG	C	0.78%
INTU	A	0.78%
CTVA	C	0.78%
NRG	C	0.78%
A	F	0.78%
EXC	C	0.76%
PEP	D	0.76%
EQR	C	0.75%
HOLX	D	0.75%
MAS	D	0.73%
CBOE	D	0.73%
NTAP	D	0.71%
EQIX	B	0.7%
TGT	C	0.67%
FTV	C	0.63%
MPC	D	0.59%
VRSK	A	0.59%
INVH	D	0.55%
MTD	F	0.54%
AVY	F	0.47%
DD	D	0.43%
GDDY	B	0.41%
SSNC	C	0.37%
INGR	B	0.35%
MELI	D	0.34%
ILMN	C	0.33%
RPM	A	0.33%
ALNY	D	0.31%
ATR	A	0.3%
WAB	B	0.27%
EBAY	C	0.25%
CBSH	A	0.24%
DHI	D	0.23%
MKC	D	0.21%
SNOW	C	0.21%
NOV	C	0.2%
AMD	F	0.2%
AXS	A	0.19%
NXPI	F	0.18%
DTE	D	0.18%
MTG	C	0.13%
DUK	D	0.13%
PH	A	0.13%
THC	B	0.1%
EQH	B	0.07%
TOL	B	0.06%

INFO Underweight 105 Positions Relative to FHEQ

Symbol	Grade	Weight
GOOG	C	-1.98%
BAC	A	-1.13%
ABBV	F	-1.0%
ADBE	C	-0.96%
PM	B	-0.85%
CSCO	A	-0.8%
GILD	B	-0.77%
UNP	D	-0.73%
CTAS	B	-0.67%
PGR	A	-0.64%
T	A	-0.63%
SQ	B	-0.6%
BDX	F	-0.59%
CSX	B	-0.58%
PFE	F	-0.58%
KLAC	F	-0.57%
ZM	B	-0.57%
CMG	B	-0.55%
SEIC	A	-0.54%
SCHW	B	-0.53%
C	B	-0.53%
DBX	B	-0.53%
TRV	B	-0.52%
DVN	F	-0.51%
CVNA	B	-0.51%
EXEL	B	-0.5%
TXT	D	-0.49%
IGT	F	-0.49%
CAT	B	-0.48%
ZBRA	B	-0.48%
RTX	D	-0.45%
PCAR	B	-0.43%
DIS	B	-0.42%
CAH	B	-0.42%
ALLE	D	-0.4%
WM	A	-0.38%
CACI	C	-0.37%
CME	B	-0.36%
MEDP	D	-0.35%
TDC	F	-0.34%
NUE	D	-0.33%
ANF	C	-0.33%
PPG	F	-0.32%
WTW	A	-0.31%
GRMN	A	-0.31%
SKYW	B	-0.3%
TMO	F	-0.28%
INCY	B	-0.28%
HWM	B	-0.27%
AMGN	F	-0.26%
ALRM	C	-0.26%
NSC	B	-0.26%
MMM	C	-0.22%
BIIB	F	-0.22%
TROW	A	-0.22%
CVS	F	-0.21%
LHX	B	-0.21%
GL	B	-0.2%
VZ	D	-0.2%
DOCU	B	-0.2%
XEL	A	-0.2%
CLX	A	-0.19%
GAP	B	-0.18%
IDXX	F	-0.18%
PSA	D	-0.18%
LNW	F	-0.18%
PEGA	B	-0.17%
GEHC	D	-0.17%
MS	A	-0.16%
ADP	A	-0.16%
TPH	C	-0.15%
MGM	D	-0.15%
ETN	B	-0.15%
F	C	-0.14%
FTNT	B	-0.14%
SOLV	C	-0.13%
GEN	B	-0.13%
BAH	C	-0.12%
CINF	A	-0.12%
NBIX	C	-0.11%
AME	A	-0.1%
VST	B	-0.1%
PLTK	B	-0.1%
UHS	D	-0.08%
DOC	C	-0.08%
LYFT	B	-0.07%
BCC	B	-0.07%
L	A	-0.07%
TMUS	A	-0.07%
BBWI	C	-0.07%
UTHR	B	-0.06%
CRUS	F	-0.06%
IFF	F	-0.05%
CCL	B	-0.05%
STLD	C	-0.05%
ORCL	A	-0.04%
RSG	B	-0.04%
SCCO	F	-0.04%
ED	D	-0.04%
LPLA	A	-0.03%
CVX	A	-0.02%
MHO	D	-0.02%
TWLO	B	-0.02%
NWL	B	-0.01%
OGE	B	-0.01%