QRFT vs. FFLG ETF Comparison

Comparison of QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT) to Fidelity Fundamental Large Cap Growth ETF (FFLG)

QRFT

QRAFT AI-Enhanced U.S. Large Cap ETF

QRFT Description

The investment seeks to provide total return. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective, under normal circumstances, by obtaining investment exposure to an actively managed portfolio consisting of equity securities of cryptocurrency-related and other blockchain technology-related companies. It may invest indirectly in bitcoin exclusively through investments in the Bitcoin Investment Trust ("GBTC"), a privately offered, open-end investment vehicle. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.55

Average Daily Volume

3,059

Number of Holdings ^*

340

* 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	QRFT	FFLG
30 Days	2.53%	2.46%
60 Days	2.81%	5.66%
90 Days	4.30%	6.27%
12 Months	31.73%	40.11%

45 Overlapping Holdings

Symbol	Grade	Weight in QRFT	Weight in FFLG	Overlap
AAPL	C	9.44%	12.07%	9.44%
ABNB	C	0.18%	0.52%	0.18%
ALNY	D	0.11%	0.71%	0.11%
AMZN	C	4.91%	7.12%	4.91%
AVGO	D	2.79%	0.3%	0.3%
BSX	B	0.07%	1.72%	0.07%
CDNS	B	0.3%	0.86%	0.3%
CMG	B	0.06%	0.49%	0.06%
COIN	C	0.13%	0.45%	0.13%
CRM	B	0.82%	0.75%	0.75%
DHR	F	0.09%	0.68%	0.09%
DPZ	C	0.1%	0.33%	0.1%
EXAS	D	0.06%	0.3%	0.06%
GE	D	0.59%	0.9%	0.59%
GOOGL	C	6.03%	2.48%	2.48%
HOLX	D	0.09%	0.12%	0.09%
HOOD	B	0.1%	0.26%	0.1%
HUBS	A	0.08%	0.76%	0.08%
ICE	C	0.06%	0.54%	0.06%
ITCI	C	0.06%	0.22%	0.06%
LLY	F	2.9%	1.46%	1.46%
LOW	D	0.48%	1.57%	0.48%
LYFT	C	0.05%	0.18%	0.05%
MA	C	1.42%	1.95%	1.42%
META	D	3.83%	5.34%	3.83%
MRNA	F	0.16%	0.13%	0.13%
MRVL	B	0.19%	0.7%	0.19%
MSFT	F	9.23%	9.14%	9.14%
MU	D	0.59%	0.73%	0.59%
NFLX	A	1.0%	2.02%	1.0%
NTNX	A	0.08%	0.42%	0.08%
NVDA	C	0.81%	12.31%	0.81%
NXPI	D	0.24%	1.37%	0.24%
PM	B	0.55%	0.24%	0.24%
REGN	F	0.4%	0.59%	0.4%
ROKU	D	0.06%	0.38%	0.06%
SHOP	B	0.29%	0.55%	0.29%
SNAP	C	0.11%	0.44%	0.11%
SQ	B	0.09%	0.31%	0.09%
TJX	A	0.07%	0.63%	0.07%
TMO	F	0.8%	0.57%	0.57%
UBER	D	0.51%	2.21%	0.51%
UNH	C	0.09%	0.62%	0.09%
WMT	A	1.74%	0.49%	0.49%
XOM	B	0.1%	0.53%	0.1%

QRFT Overweight 295 Positions Relative to FFLG

Symbol	Grade	Weight
ORCL	B	1.37%
PG	A	1.37%
JNJ	D	1.26%
MRK	F	1.14%
ABBV	D	1.03%
AMD	F	0.9%
QCOM	F	0.84%
ADBE	C	0.82%
PEP	F	0.82%
AMAT	F	0.72%
CSCO	B	0.64%
ABT	B	0.63%
ACN	C	0.63%
CAT	B	0.59%
INTU	C	0.58%
AMGN	D	0.56%
IBM	C	0.54%
NOW	A	0.52%
PFE	D	0.5%
CMCSA	B	0.48%
RTX	C	0.48%
HON	B	0.47%
BKNG	A	0.46%
SYK	C	0.46%
VRTX	F	0.43%
INTC	D	0.43%
MDT	D	0.41%
ADI	D	0.4%
KLAC	D	0.39%
BA	F	0.38%
LMT	D	0.38%
NKE	D	0.37%
DE	A	0.37%
ADP	B	0.35%
CI	F	0.33%
SNPS	B	0.32%
WM	A	0.32%
FI	A	0.31%
MELI	D	0.31%
MDLZ	F	0.3%
GILD	C	0.3%
TT	A	0.3%
MO	A	0.27%
MCK	B	0.27%
BDX	F	0.27%
BMY	B	0.27%
CL	D	0.27%
CSX	B	0.26%
ITW	B	0.25%
CME	A	0.25%
NOC	D	0.22%
PYPL	B	0.22%
BRK.A	B	0.22%
MAR	B	0.22%
MPC	D	0.21%
AON	A	0.2%
SPOT	B	0.19%
MSI	B	0.19%
ORLY	B	0.18%
MMM	D	0.16%
MET	A	0.15%
GM	B	0.15%
FTNT	C	0.14%
DXCM	D	0.14%
AZO	C	0.14%
TFC	A	0.14%
ADSK	A	0.14%
HLT	A	0.14%
SPG	B	0.14%
WDAY	B	0.13%
BK	A	0.12%
TSLA	B	0.12%
LHX	C	0.12%
ALL	A	0.12%
FIS	C	0.12%
F	C	0.12%
RBLX	C	0.11%
MSCI	C	0.11%
DELL	C	0.11%
DOW	F	0.11%
OTIS	C	0.11%
DASH	A	0.11%
SNOW	C	0.11%
GIS	D	0.1%
FICO	B	0.1%
TDY	B	0.1%
EXPD	D	0.1%
ILMN	D	0.1%
CHKP	D	0.1%
VRSN	F	0.1%
PFG	D	0.1%
AVY	D	0.1%
ESS	B	0.1%
GDDY	A	0.1%
K	A	0.1%
CTVA	C	0.1%
DKNG	B	0.1%
CMI	A	0.1%
CNC	D	0.1%
KHC	F	0.1%
VRSK	A	0.1%
MANH	D	0.09%
OKTA	C	0.09%
GLW	B	0.09%
MTD	D	0.09%
SSNC	B	0.09%
ZBRA	B	0.09%
TSN	B	0.09%
INCY	C	0.09%
DGX	A	0.09%
FDS	B	0.09%
CFG	B	0.09%
HPQ	B	0.09%
IP	B	0.09%
NWSA	B	0.09%
L	A	0.09%
TXT	D	0.09%
NRG	B	0.09%
LIN	D	0.09%
SYF	B	0.09%
NTRS	A	0.09%
EA	A	0.09%
DD	D	0.09%
MAA	B	0.09%
CLX	B	0.09%
EXPE	B	0.09%
BAX	D	0.09%
BMRN	D	0.09%
KR	B	0.09%
LH	C	0.09%
ROK	B	0.08%
JNPR	F	0.08%
EMN	D	0.08%
INSM	C	0.08%
ACM	A	0.08%
VTRS	A	0.08%
XPO	B	0.08%
MS	A	0.08%
KEY	B	0.08%
ALLY	C	0.08%
WEST	C	0.08%
SJM	D	0.08%
CYBR	B	0.08%
AXP	A	0.08%
MEDP	D	0.08%
SWK	D	0.08%
MGM	D	0.08%
WING	D	0.08%
QRVO	F	0.08%
YUMC	C	0.08%
FNF	B	0.08%
ISRG	A	0.08%
CAG	D	0.08%
Z	A	0.08%
AKAM	D	0.08%
GWRE	A	0.08%
GRMN	B	0.08%
LYB	F	0.08%
TXN	C	0.08%
BIIB	F	0.08%
UTHR	C	0.08%
MCD	D	0.08%
V	A	0.08%
NBIX	C	0.08%
AMCR	D	0.08%
BKR	B	0.08%
PLD	D	0.07%
WTW	B	0.07%
MASI	A	0.07%
KKR	A	0.07%
PANW	C	0.07%
TWLO	A	0.07%
JEF	A	0.07%
PCOR	B	0.07%
HAS	D	0.07%
COST	B	0.07%
WIX	B	0.07%
COP	C	0.07%
ANET	C	0.07%
ELAN	D	0.07%
BLK	C	0.07%
CBRE	B	0.07%
ELV	F	0.07%
DOCU	A	0.07%
ETN	A	0.07%
CHRW	C	0.07%
FTI	A	0.07%
FFIV	B	0.07%
TOST	B	0.07%
MKSI	C	0.07%
AOS	F	0.07%
UNP	C	0.07%
BXP	D	0.07%
SCHW	B	0.07%
AFG	A	0.07%
CTLT	B	0.07%
NEE	D	0.07%
SPGI	C	0.07%
SCI	B	0.07%
ANSS	B	0.07%
MNDY	C	0.07%
SRPT	D	0.07%
WAB	B	0.07%
SNX	C	0.07%
ACI	C	0.07%
GOLD	D	0.07%
APG	B	0.07%
GS	A	0.07%
OLN	D	0.06%
GTLB	B	0.06%
SCCO	F	0.06%
SHW	A	0.06%
ZION	B	0.06%
KD	B	0.06%
FLS	B	0.06%
CFR	B	0.06%
CNI	D	0.06%
MAT	D	0.06%
IVZ	B	0.06%
WDC	D	0.06%
LEA	D	0.06%
MTN	C	0.06%
DUK	C	0.06%
GD	F	0.06%
ETSY	D	0.06%
PINS	D	0.06%
WEX	D	0.06%
MHK	D	0.06%
VOYA	B	0.06%
BWA	D	0.06%
ZTS	D	0.06%
KEYS	A	0.06%
CBSH	A	0.06%
EXEL	B	0.06%
CIEN	B	0.06%
IFF	D	0.06%
ARW	D	0.06%
SO	D	0.06%
BRBR	A	0.06%
WSC	D	0.06%
RL	B	0.06%
CAH	B	0.06%
AM	A	0.06%
BPMC	C	0.06%
HPE	B	0.06%
APH	A	0.06%
EBAY	D	0.06%
RHI	B	0.06%
BX	A	0.06%
SBUX	A	0.06%
ALV	C	0.06%
TD	F	0.06%
HD	A	0.06%
ORI	A	0.06%
CR	A	0.06%
HRB	D	0.06%
AMT	D	0.06%
AYI	B	0.06%
AGCO	D	0.06%
IRM	D	0.06%
EQR	B	0.06%
CRUS	D	0.06%
EL	F	0.06%
TEAM	A	0.06%
SF	B	0.06%
MMC	B	0.06%
CB	C	0.06%
BIO	D	0.06%
INFA	D	0.06%
TTWO	A	0.06%
FBIN	D	0.06%
OHI	C	0.06%
UNM	A	0.06%
JAZZ	B	0.06%
NTAP	C	0.06%
KBR	F	0.06%
DOX	D	0.06%
APP	B	0.05%
ALGN	D	0.05%
VTR	C	0.05%
BAH	F	0.05%
KO	D	0.05%
CVX	A	0.05%
STT	A	0.05%
TDG	D	0.05%
STX	D	0.05%
NET	B	0.05%
IOT	A	0.05%
PSTG	D	0.05%
TER	D	0.05%
ZBH	C	0.05%
ST	F	0.05%
CHX	C	0.05%
LDOS	C	0.04%
CSL	C	0.04%

QRFT Underweight 46 Positions Relative to FFLG

Symbol	Grade	Weight
GOOG	C	-2.82%
TSM	B	-1.96%
ASML	F	-1.3%
TMUS	B	-0.88%
MPWR	F	-0.85%
LULU	C	-0.8%
ON	D	-0.76%
FLEX	A	-0.69%
MDB	C	-0.63%
BLD	D	-0.58%
CVNA	B	-0.57%
BLDR	D	-0.57%
KDP	D	-0.55%
MNST	C	-0.52%
IR	B	-0.51%
HWM	A	-0.5%
RH	B	-0.48%
EME	C	-0.46%
GEV	B	-0.44%
PODD	C	-0.42%
CSGP	D	-0.39%
FIX	A	-0.37%
BRKR	D	-0.36%
FSLR	F	-0.33%
HQY	B	-0.33%
FLYW	C	-0.32%
VMC	B	-0.32%
NVO	D	-0.28%
ARGX	A	-0.27%
PCVX	D	-0.24%
TEVA	D	-0.24%
DKS	C	-0.23%
TMDX	F	-0.21%
ATI	D	-0.19%
RRC	B	-0.19%
AZN	D	-0.18%
IONS	F	-0.16%
NUVL	D	-0.16%
RIVN	F	-0.14%
SE	B	-0.13%
RDDT	B	-0.12%
ROIV	C	-0.1%
IDYA	F	-0.09%
LEGN	F	-0.07%
TGT	F	-0.07%
W	F	-0.03%