QEMM vs. FFLG ETF Comparison

Comparison of SPDR MSCI Emerging Markets Quality Mix ETF (QEMM) to Fidelity Fundamental Large Cap Growth ETF (FFLG)

QEMM

SPDR MSCI Emerging Markets Quality Mix ETF

QEMM Description

The investment seeks to track the performance of the MSCI Emerging Markets (EM) Quality Mix Index. The index captures large- and mid-cap representation across 23 emerging markets countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$59.62

Average Daily Volume

1,910

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFLG

Fidelity Fundamental Large Cap Growth ETF

FFLG Description

FFLG seeks to achieve long-term capital growth by investing in large-cap companies believed to have above-average growth potential. The adviser generally defines large-caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Growth is measured based on factors such as earnings or revenue. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund invests in both US and non-US companies. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity Growth Opportunities ETF under the ticker FGRO. The fund previously used a semitransparent ETF structure

Grade (RS Rating)

Last Trade

$25.03

Average Daily Volume

30,102

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QEMM	FFLG
30 Days	-2.80%	2.46%
60 Days	-2.21%	5.66%
90 Days	-1.79%	6.27%
12 Months	11.44%	40.11%

1 Overlapping Holdings

	Symbol	Grade	Weight in QEMM	Weight in FFLG	Overlap
	LEGN	F	0.05%	0.07%	0.05%

QEMM Overweight 58 Positions Relative to FFLG

Symbol	Grade	Weight
PDD	F	1.32%
VALE	F	1.15%
INFY	B	1.07%
BABA	D	0.69%
CHT	D	0.49%
ABEV	F	0.28%
BAP	B	0.25%
HDB	C	0.25%
SCCO	F	0.25%
WIT	A	0.25%
SHG	D	0.22%
KB	B	0.21%
SKM	D	0.18%
RDY	F	0.17%
VIPS	F	0.17%
PBR	C	0.16%
IBN	C	0.15%
ITUB	F	0.15%
IBN	C	0.14%
QFIN	B	0.12%
UMC	F	0.1%
BVN	F	0.1%
KEP	B	0.09%
YUMC	C	0.09%
KB	B	0.09%
BIDU	F	0.09%
PKX	F	0.08%
KEP	B	0.06%
TCOM	B	0.06%
GGB	C	0.05%
BABA	D	0.04%
SBSW	D	0.04%
SHG	D	0.03%
SBS	B	0.03%
SUZ	C	0.03%
VALE	F	0.03%
SID	F	0.02%
BEKE	D	0.02%
LI	F	0.02%
ABEV	F	0.02%
ASAI	F	0.02%
TME	D	0.02%
UGP	F	0.02%
CSAN	F	0.02%
LPL	F	0.02%
ATHM	D	0.01%
SQM	F	0.01%
BGNE	D	0.01%
BSAC	F	0.01%
CIG	C	0.01%
LPL	F	0.01%
XPEV	C	0.01%
BCH	F	0.01%
VIV	F	0.01%
CIB	B	0.01%
NIO	F	0.0%
ENIC	D	0.0%
IQ	F	0.0%

QEMM Underweight 90 Positions Relative to FFLG

Symbol	Grade	Weight
NVDA	C	-12.31%
AAPL	C	-12.07%
MSFT	F	-9.14%
AMZN	C	-7.12%
META	D	-5.34%
GOOG	C	-2.82%
GOOGL	C	-2.48%
UBER	D	-2.21%
NFLX	A	-2.02%
TSM	B	-1.96%
MA	C	-1.95%
BSX	B	-1.72%
LOW	D	-1.57%
LLY	F	-1.46%
NXPI	D	-1.37%
ASML	F	-1.3%
GE	D	-0.9%
TMUS	B	-0.88%
CDNS	B	-0.86%
MPWR	F	-0.85%
LULU	C	-0.8%
ON	D	-0.76%
HUBS	A	-0.76%
CRM	B	-0.75%
MU	D	-0.73%
ALNY	D	-0.71%
MRVL	B	-0.7%
FLEX	A	-0.69%
DHR	F	-0.68%
MDB	C	-0.63%
TJX	A	-0.63%
UNH	C	-0.62%
REGN	F	-0.59%
BLD	D	-0.58%
CVNA	B	-0.57%
TMO	F	-0.57%
BLDR	D	-0.57%
SHOP	B	-0.55%
KDP	D	-0.55%
ICE	C	-0.54%
XOM	B	-0.53%
ABNB	C	-0.52%
MNST	C	-0.52%
IR	B	-0.51%
HWM	A	-0.5%
WMT	A	-0.49%
CMG	B	-0.49%
RH	B	-0.48%
EME	C	-0.46%
COIN	C	-0.45%
GEV	B	-0.44%
SNAP	C	-0.44%
PODD	C	-0.42%
NTNX	A	-0.42%
CSGP	D	-0.39%
ROKU	D	-0.38%
FIX	A	-0.37%
BRKR	D	-0.36%
FSLR	F	-0.33%
DPZ	C	-0.33%
HQY	B	-0.33%
FLYW	C	-0.32%
VMC	B	-0.32%
SQ	B	-0.31%
AVGO	D	-0.3%
EXAS	D	-0.3%
NVO	D	-0.28%
ARGX	A	-0.27%
HOOD	B	-0.26%
PM	B	-0.24%
PCVX	D	-0.24%
TEVA	D	-0.24%
DKS	C	-0.23%
ITCI	C	-0.22%
TMDX	F	-0.21%
ATI	D	-0.19%
RRC	B	-0.19%
AZN	D	-0.18%
LYFT	C	-0.18%
IONS	F	-0.16%
NUVL	D	-0.16%
RIVN	F	-0.14%
MRNA	F	-0.13%
SE	B	-0.13%
RDDT	B	-0.12%
HOLX	D	-0.12%
ROIV	C	-0.1%
IDYA	F	-0.09%
TGT	F	-0.07%
W	F	-0.03%