YLDE vs. FFLC ETF Comparison

Comparison of ClearBridge Dividend Strategy ESG ETF (YLDE) to Fidelity Fundamental Large Cap Core ETF (FFLC)

YLDE

ClearBridge Dividend Strategy ESG ETF

YLDE Description

The investment seeks dividend income, growth of dividend income and long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in dividend-paying stocks or other instruments with similar economic characteristics that offer the potential for income growth and capital appreciation over time and that meet its financial and environmental, social and governance (ESG) criteria. The fund may also invest in companies that the subadviser believes are making substantial progress toward becoming a leader in ESG policies.

Grade (RS Rating)

Last Trade

$52.63

Average Daily Volume

3,147

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFLC

Fidelity Fundamental Large Cap Core ETF

FFLC Description

FFLC seeks to achieve long-term capital growth by investing in a global core equity portfolio of large-cap stocks. The adviser generally defines large caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. 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 portfolio includes stocks with growth and/or value characteristics. 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 New Millennium ETF under the ticker FMIL. The fund previously used a semitransparent ETF structure.

Grade (RS Rating)

Last Trade

$47.10

Average Daily Volume

101,737

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	YLDE	FFLC
30 Days	2.11%	1.03%
60 Days	5.03%	3.95%
90 Days	7.57%	6.08%
12 Months	24.17%	37.00%

20 Overlapping Holdings

Symbol	Grade	Weight in YLDE	Weight in FFLC	Overlap
AAPL	C	2.06%	4.26%	2.06%
AMT	C	1.63%	0.43%	0.43%
APO	B	3.26%	0.61%	0.61%
AVGO	D	2.73%	1.98%	1.98%
CMCSA	B	3.03%	1.69%	1.69%
CSCO	B	1.18%	1.1%	1.1%
EIX	B	1.37%	1.31%	1.31%
GILD	C	0.81%	0.27%	0.27%
GOOGL	C	1.91%	3.2%	1.91%
KO	D	1.84%	0.94%	0.94%
LIN	C	2.46%	0.2%	0.2%
MSFT	D	3.76%	6.98%	3.76%
ORCL	A	2.39%	0.97%	0.97%
PNC	B	1.33%	1.01%	1.01%
SAP	B	1.5%	1.15%	1.15%
TMUS	B	2.91%	0.2%	0.2%
TRV	B	2.73%	0.87%	0.87%
UNH	B	1.65%	1.72%	1.65%
UPS	C	0.47%	0.78%	0.47%
V	A	2.78%	1.31%	1.31%

YLDE Overweight 30 Positions Relative to FFLC

Symbol	Grade	Weight
WMB	A	4.01%
SRE	A	3.51%
JPM	A	3.35%
BDX	F	2.73%
KMI	A	2.42%
VMC	B	2.38%
COF	C	2.1%
AVB	B	1.94%
MET	A	1.79%
UNP	C	1.68%
HLN	C	1.68%
HON	C	1.61%
WM	B	1.6%
MRK	D	1.58%
PG	C	1.57%
HD	B	1.52%
EQT	B	1.4%
APD	A	1.38%
JNJ	C	1.25%
DTE	C	1.21%
SBUX	A	1.15%
AZN	F	1.12%
PSA	C	1.02%
FCX	F	0.94%
PPG	F	0.89%
AIG	B	0.88%
NUE	C	0.87%
GM	C	0.79%
DIS	B	0.77%
TXN	C	0.68%

YLDE Underweight 67 Positions Relative to FFLC

Symbol	Grade	Weight
NVDA	B	-5.71%
META	D	-4.7%
AMZN	C	-2.89%
XOM	B	-2.88%
BAC	A	-2.18%
LLY	F	-1.85%
WFC	A	-1.82%
SO	C	-1.72%
GE	D	-1.61%
BSX	A	-1.35%
FI	A	-1.34%
CI	D	-1.23%
TMO	F	-1.18%
LOW	C	-1.06%
CEG	C	-1.06%
KVUE	A	-1.04%
ETN	A	-1.02%
KDP	F	-1.0%
INTU	B	-1.0%
TSM	B	-0.97%
USB	A	-0.94%
URI	C	-0.92%
BMY	B	-0.92%
GEV	B	-0.87%
MA	B	-0.85%
APH	A	-0.85%
MOD	A	-0.84%
ALSN	B	-0.83%
RPRX	D	-0.76%
REGN	F	-0.75%
CB	C	-0.73%
BA	F	-0.72%
VRT	B	-0.66%
HRB	D	-0.64%
ELV	F	-0.63%
COST	A	-0.63%
ABBV	F	-0.61%
UBER	F	-0.61%
CCI	C	-0.61%
KNX	C	-0.59%
FDX	B	-0.58%
WSO	A	-0.56%
NVO	F	-0.53%
DOX	D	-0.53%
HLT	A	-0.52%
MLM	C	-0.49%
DEO	F	-0.43%
MAR	A	-0.42%
AJG	A	-0.41%
WSM	C	-0.4%
GD	D	-0.38%
GEN	B	-0.37%
COR	B	-0.37%
LEN	D	-0.36%
ABNB	C	-0.33%
GSK	F	-0.3%
HII	F	-0.29%
NOC	D	-0.25%
MELI	C	-0.2%
DKS	D	-0.19%
SPR	D	-0.19%
ASML	F	-0.18%
SPG	A	-0.18%
IP	A	-0.18%
KBR	F	-0.17%
LNG	A	-0.03%
MRVL	B	-0.02%