MTUM vs. FELG ETF Comparison

Comparison of iShares MSCI USA Momentum Factor ETF (MTUM) to Fidelity Enhanced Large Cap Growth ETF (FELG)

MTUM

iShares MSCI USA Momentum Factor ETF

MTUM Description

The investment seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Momentum Index (the "underlying index") consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$214.91

Average Daily Volume

840,198

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

FELG

Fidelity Enhanced Large Cap Growth ETF

FELG Description

The fund will invest at least 80% of assets in common stocks included in the Russell 1000® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth 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. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.54

Average Daily Volume

218,971

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MTUM	FELG
30 Days	3.53%	3.26%
60 Days	6.25%	5.11%
90 Days	8.85%	6.08%
12 Months	43.02%	36.88%

19 Overlapping Holdings

Symbol	Grade	Weight in MTUM	Weight in FELG	Overlap
ANET	C	1.17%	0.83%	0.83%
APP	B	0.74%	0.31%	0.31%
AVGO	D	4.72%	3.11%	3.11%
AXON	A	0.32%	0.32%	0.32%
COST	B	3.63%	0.91%	0.91%
CTAS	B	0.91%	0.66%	0.66%
GRMN	B	0.42%	0.54%	0.42%
HWM	A	0.73%	0.55%	0.55%
ISRG	A	1.54%	0.1%	0.1%
KLAC	D	0.8%	0.79%	0.79%
LLY	F	3.82%	1.54%	1.54%
LMT	D	1.37%	0.62%	0.62%
MPWR	F	0.24%	0.4%	0.24%
MSI	B	1.0%	0.65%	0.65%
NVDA	C	5.34%	11.91%	5.34%
TJX	A	1.09%	0.77%	0.77%
TPL	A	0.33%	0.03%	0.03%
TT	A	1.13%	0.63%	0.63%
WMT	A	4.93%	0.13%	0.13%

MTUM Overweight 105 Positions Relative to FELG

Symbol	Grade	Weight
JPM	A	5.48%
GE	D	2.96%
PM	B	2.93%
KO	D	2.71%
NEE	D	2.24%
RTX	C	2.19%
GS	A	2.0%
PGR	A	1.88%
TXN	C	1.86%
AXP	A	1.53%
KKR	A	1.3%
BSX	B	1.25%
MMM	D	1.21%
MO	A	1.19%
SO	D	1.15%
CEG	D	1.12%
C	A	1.08%
PLTR	B	1.02%
APH	A	0.97%
VRTX	F	0.95%
FI	A	0.9%
CB	C	0.9%
MSTR	C	0.89%
DUK	C	0.88%
WELL	A	0.84%
VST	B	0.82%
NEM	D	0.79%
CL	D	0.79%
AFL	B	0.78%
ICE	C	0.72%
TDG	D	0.7%
MCO	B	0.7%
VRT	B	0.63%
WMB	A	0.63%
TRGP	B	0.61%
FICO	B	0.6%
AJG	B	0.59%
PEG	A	0.5%
DELL	C	0.49%
BK	A	0.48%
IRM	D	0.48%
HIG	B	0.46%
PWR	A	0.43%
ALL	A	0.41%
AEP	D	0.4%
EME	C	0.38%
DFS	B	0.38%
DHI	D	0.37%
RSG	A	0.36%
ACGL	D	0.35%
CBRE	B	0.34%
GDDY	A	0.34%
WAB	B	0.33%
VTR	C	0.31%
NTAP	C	0.31%
VLTO	D	0.31%
PHM	D	0.31%
ALNY	D	0.3%
KDP	D	0.3%
AVB	B	0.29%
RMD	C	0.29%
K	A	0.29%
NDAQ	A	0.28%
LEN	D	0.28%
NRG	B	0.27%
BRO	B	0.27%
EIX	B	0.26%
EBAY	D	0.25%
FITB	A	0.25%
LDOS	C	0.24%
LII	A	0.24%
TYL	B	0.23%
CSL	C	0.23%
NVR	D	0.23%
SW	A	0.22%
SYF	B	0.22%
DOV	A	0.22%
EQR	B	0.17%
PKG	A	0.16%
IFF	D	0.16%
HEI	B	0.16%
ESS	B	0.15%
IP	B	0.15%
HOOD	B	0.15%
UTHR	C	0.15%
ERIE	D	0.13%
HEI	B	0.12%
MAA	B	0.12%
UHS	D	0.11%
CFG	B	0.11%
DKS	C	0.1%
DGX	A	0.09%
NI	A	0.09%
FNF	B	0.08%
AMCR	D	0.08%
DOC	D	0.08%
FOXA	B	0.07%
CPT	B	0.07%
FOX	A	0.07%
DVA	B	0.07%
CHRW	C	0.06%
ALLY	C	0.06%
UDR	B	0.05%
LNT	A	0.05%
EQH	B	0.03%

MTUM Underweight 60 Positions Relative to FELG

Symbol	Grade	Weight
AAPL	C	-12.05%
MSFT	F	-10.23%
AMZN	C	-6.62%
META	D	-4.74%
GOOGL	C	-3.57%
TSLA	B	-3.47%
GOOG	C	-2.52%
MA	C	-2.02%
NFLX	A	-1.81%
MRK	F	-1.35%
ADBE	C	-1.29%
V	A	-1.2%
QCOM	F	-1.12%
BKNG	A	-1.1%
UBER	D	-0.98%
AMAT	F	-0.94%
ABBV	D	-0.94%
LRCX	F	-0.82%
CMG	B	-0.77%
UNP	C	-0.74%
DASH	A	-0.72%
WDAY	B	-0.71%
ECL	D	-0.7%
SQ	B	-0.66%
FTNT	C	-0.65%
HD	A	-0.62%
CRM	B	-0.59%
SCHW	B	-0.59%
EXEL	B	-0.57%
SPG	B	-0.56%
BMY	B	-0.54%
ANF	C	-0.52%
LYFT	C	-0.51%
NOW	A	-0.51%
ZM	B	-0.51%
TMUS	B	-0.5%
NTRA	B	-0.5%
INCY	C	-0.5%
GILD	C	-0.5%
NOC	D	-0.49%
ORCL	B	-0.46%
BBWI	D	-0.45%
DBX	B	-0.43%
IDXX	F	-0.39%
ALLE	D	-0.33%
CAT	B	-0.32%
TW	A	-0.31%
TDC	D	-0.3%
MSCI	C	-0.26%
NU	C	-0.19%
CLX	B	-0.18%
PEP	F	-0.15%
SCCO	F	-0.14%
MEDP	D	-0.12%
INTU	C	-0.11%
BAH	F	-0.11%
ZBRA	B	-0.09%
CVNA	B	-0.07%
MORN	B	-0.07%
AMD	F	-0.01%