SPHB vs. FMAG ETF Comparison

Comparison of PowerShares S&P 500 High Beta Portfolio (SPHB) to Fidelity Magellan ETF (FMAG)

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$92.72

Average Daily Volume

224,294

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	SPHB	FMAG
30 Days	4.79%	2.27%
60 Days	5.15%	3.20%
90 Days	6.95%	5.20%
12 Months	29.95%	35.72%

20 Overlapping Holdings

Symbol	Grade	Weight in SPHB	Weight in FMAG	Overlap
AMAT	F	1.22%	1.43%	1.22%
AMZN	C	1.09%	4.55%	1.09%
ANET	C	1.36%	1.36%	1.36%
APH	A	0.85%	1.18%	0.85%
AVGO	D	1.56%	3.01%	1.56%
CDNS	B	1.18%	1.17%	1.17%
CPRT	A	0.79%	1.11%	0.79%
ETN	A	1.07%	1.33%	1.07%
GE	D	0.78%	1.61%	0.78%
GOOG	C	0.84%	1.6%	0.84%
INTU	C	0.92%	1.44%	0.92%
KLAC	D	1.09%	1.38%	1.09%
LRCX	F	1.21%	1.28%	1.21%
META	D	1.21%	3.88%	1.21%
MLM	B	0.73%	1.09%	0.73%
NVDA	C	2.08%	7.21%	2.08%
ORCL	B	1.17%	1.8%	1.17%
PWR	A	1.16%	1.24%	1.16%
SNPS	B	1.11%	1.19%	1.11%
URI	B	1.25%	1.3%	1.25%

SPHB Overweight 77 Positions Relative to FMAG

Symbol	Grade	Weight
TSLA	B	1.93%
NCLH	B	1.63%
CCL	B	1.63%
CRWD	B	1.6%
UAL	A	1.57%
AMD	F	1.52%
ALB	C	1.51%
VST	B	1.4%
BLDR	D	1.39%
GNRC	B	1.37%
RCL	A	1.25%
CZR	F	1.25%
BX	A	1.22%
MU	D	1.2%
TER	D	1.18%
KKR	A	1.17%
DAY	B	1.16%
ON	D	1.15%
NOW	A	1.12%
MPWR	F	1.1%
CRM	B	1.1%
JBL	B	1.09%
QCOM	F	1.07%
PYPL	B	1.07%
ADSK	A	1.06%
PANW	C	1.04%
ALGN	D	1.03%
WDC	D	1.03%
BKNG	A	1.02%
ABNB	C	1.02%
PODD	C	1.02%
CEG	D	1.01%
FICO	B	1.0%
BXP	D	1.0%
PH	A	0.99%
LW	C	0.99%
INTC	D	0.99%
NXPI	D	0.98%
ZBRA	B	0.97%
HUBB	B	0.97%
LULU	C	0.96%
UBER	D	0.95%
CARR	D	0.95%
MCHP	D	0.93%
KEYS	A	0.92%
DECK	A	0.92%
KEY	B	0.92%
ISRG	A	0.89%
WBD	C	0.88%
ROK	B	0.86%
PHM	D	0.85%
ADI	D	0.85%
ANSS	B	0.84%
FSLR	F	0.83%
TROW	B	0.82%
FCX	D	0.81%
SMCI	F	0.81%
EPAM	C	0.8%
ADBE	C	0.8%
IVZ	B	0.8%
KMX	B	0.79%
CRL	C	0.77%
RMD	C	0.76%
MHK	D	0.76%
SWKS	F	0.76%
TXN	C	0.76%
ARE	D	0.75%
MGM	D	0.75%
LEN	D	0.75%
EFX	F	0.73%
DHI	D	0.71%
IDXX	F	0.69%
ENPH	F	0.69%
IQV	D	0.62%
AES	F	0.61%
APTV	D	0.58%
QRVO	F	0.56%

SPHB Underweight 37 Positions Relative to FMAG

Symbol	Grade	Weight
MSFT	F	-7.8%
GOOGL	C	-3.11%
LLY	F	-2.51%
UNH	C	-2.31%
MA	C	-2.07%
V	A	-2.06%
COST	B	-1.87%
TMO	F	-1.6%
LIN	D	-1.55%
SPGI	C	-1.51%
TDG	D	-1.42%
DHR	F	-1.37%
TT	A	-1.34%
SHW	A	-1.34%
MCO	B	-1.33%
MMC	B	-1.3%
BSX	B	-1.29%
HLT	A	-1.29%
HEI	B	-1.26%
AJG	B	-1.25%
MSI	B	-1.24%
CTAS	B	-1.24%
HCA	F	-1.22%
MAR	B	-1.21%
WAB	B	-1.19%
ORLY	B	-1.17%
AZO	C	-1.16%
IT	C	-1.15%
ARES	A	-1.15%
WSO	A	-1.14%
AME	A	-1.14%
VRSK	A	-1.09%
VMC	B	-1.08%
WCN	A	-1.03%
NVO	D	-1.02%
COR	B	-0.86%
IR	B	-0.16%