LGRO vs. FMAG ETF Comparison

Comparison of Level Four Large Cap Growth Active ETF (LGRO) to Fidelity Magellan ETF (FMAG)

LGRO

Level Four Large Cap Growth Active ETF

LGRO Description

The fund invests primarily in equity securities of carefully selected, high-quality U.S. companies. The fund invests primarily in the domestic equity securities of companies selected by Level Four Capital Management, LLC for their growth potential within various market sectors.

Grade (RS Rating)

Last Trade

$34.89

Average Daily Volume

1,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FMAG

Fidelity Magellan ETF

FMAG Description

The investment seeks long-term growth of capital. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. Instead, the fund publishes each business day on its website a Tracking Basket, which is designed to closely track the daily performance of the fund but is not the fund's actual portfolio. The fund normally invests primarily in equity securities. It invests in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.56

Average Daily Volume

63,005

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LGRO	FMAG
30 Days	5.16%	2.27%
60 Days	7.17%	3.20%
90 Days	9.66%	5.20%
12 Months	34.40%	35.72%

13 Overlapping Holdings

Symbol	Grade	Weight in LGRO	Weight in FMAG	Overlap
AMAT	F	1.44%	1.43%	1.43%
AMZN	C	5.56%	4.55%	4.55%
AVGO	D	1.83%	3.01%	1.83%
GOOGL	C	5.03%	3.11%	3.11%
LRCX	F	2.72%	1.28%	1.28%
MA	C	1.94%	2.07%	1.94%
META	D	3.28%	3.88%	3.28%
MSFT	F	5.75%	7.8%	5.75%
NVDA	C	4.33%	7.21%	4.33%
TDG	D	0.85%	1.42%	0.85%
UNH	C	2.51%	2.31%	2.31%
URI	B	1.02%	1.3%	1.02%
V	A	0.98%	2.06%	0.98%

LGRO Overweight 34 Positions Relative to FMAG

Symbol	Grade	Weight
AAPL	C	7.16%
BKNG	A	3.65%
BLK	C	3.47%
PYPL	B	3.31%
TWLO	A	2.74%
SNOW	C	2.66%
UBER	D	2.59%
MS	A	2.44%
NOW	A	2.43%
DOCU	A	2.41%
NFLX	A	2.34%
RH	B	2.23%
MSCI	C	2.16%
HD	A	2.09%
CRM	B	2.04%
Z	A	1.49%
MPWR	F	1.49%
MU	D	1.48%
PANW	C	1.14%
PSX	C	1.12%
LMT	D	1.07%
FIS	C	1.05%
ABBV	D	1.03%
PAYC	B	0.99%
CTSH	B	0.98%
PHM	D	0.97%
VRTX	F	0.96%
MCD	D	0.91%
DIS	B	0.87%
FTV	C	0.85%
STZ	D	0.79%
ETSY	D	0.65%
BIIB	F	0.64%
EL	F	0.26%

LGRO Underweight 44 Positions Relative to FMAG

Symbol	Grade	Weight
LLY	F	-2.51%
COST	B	-1.87%
ORCL	B	-1.8%
GE	D	-1.61%
GOOG	C	-1.6%
TMO	F	-1.6%
LIN	D	-1.55%
SPGI	C	-1.51%
INTU	C	-1.44%
KLAC	D	-1.38%
DHR	F	-1.37%
ANET	C	-1.36%
TT	A	-1.34%
SHW	A	-1.34%
ETN	A	-1.33%
MCO	B	-1.33%
MMC	B	-1.3%
BSX	B	-1.29%
HLT	A	-1.29%
HEI	B	-1.26%
AJG	B	-1.25%
PWR	A	-1.24%
MSI	B	-1.24%
CTAS	B	-1.24%
HCA	F	-1.22%
MAR	B	-1.21%
WAB	B	-1.19%
SNPS	B	-1.19%
APH	A	-1.18%
CDNS	B	-1.17%
ORLY	B	-1.17%
AZO	C	-1.16%
IT	C	-1.15%
ARES	A	-1.15%
WSO	A	-1.14%
AME	A	-1.14%
CPRT	A	-1.11%
MLM	B	-1.09%
VRSK	A	-1.09%
VMC	B	-1.08%
WCN	A	-1.03%
NVO	D	-1.02%
COR	B	-0.86%
IR	B	-0.16%