AADR vs. FFLG ETF Comparison

Comparison of WCM BNY Mellon Focused Growth ADR ETF (AADR) to Fidelity Fundamental Large Cap Growth ETF (FFLG)

AADR

WCM BNY Mellon Focused Growth ADR ETF

AADR Description

The investment seeks long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index, the fund's primary benchmark, and the MSCI EAFE Index, the fund's secondary benchmark. The sub-advisor seeks to achieve the fund's investment objective by selecting primarily a portfolio of U.S.-traded securities of non-U.S. organizations, most often American Depositary Receipts ("ADRs"), included in the BNY Mellon Classic ADR Index. The fund's investment focus follows the Sub-Advisor's core philosophy of investing in industry-leading non-U.S. organizations led by visionary management teams with sound business strategies.

Grade (RS Rating)

Last Trade

$64.23

Average Daily Volume

666

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

$23.88

Average Daily Volume

45,976

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	AADR	FFLG
30 Days	4.55%	3.09%
60 Days	5.92%	5.70%
90 Days	4.36%	1.09%
12 Months	32.70%	45.65%

2 Overlapping Holdings

	Symbol	Grade	Weight in AADR	Weight in FFLG	Overlap
	NVO	F	6.28%	0.1%	0.1%
	NXPI	D	2.13%	1.81%	1.81%

AADR Overweight 24 Positions Relative to FFLG

Symbol	Grade	Weight
YPF	D	5.08%
GGAL	C	4.7%
BMA	D	4.43%
ERJ	C	4.04%
ABBV	B	3.89%
PAM	C	3.47%
MUFG	D	3.29%
MELI	C	3.19%
SAP	B	3.17%
BBVA	C	3.12%
RELX	C	3.09%
HMY	C	2.87%
QFIN	A	2.71%
BCS	B	2.57%
ING	C	2.54%
ASX	C	2.46%
TEN	D	2.42%
SMFG	D	2.34%
TEVA	D	2.32%
NMR	F	2.16%
LOGI	D	2.15%
BVN	D	1.85%
TME	D	1.76%
JMIA	F	0.86%

AADR Underweight 98 Positions Relative to FFLG

Symbol	Grade	Weight
MSFT	C	-10.56%
NVDA	C	-7.82%
META	B	-5.36%
AMZN	C	-5.21%
GOOG	D	-4.66%
UBER	C	-3.45%
TMUS	B	-2.86%
GOOGL	D	-2.8%
ROKU	D	-2.65%
AAPL	C	-2.2%
UNH	C	-2.14%
AMD	C	-1.93%
ON	D	-1.9%
BSX	B	-1.88%
SQ	D	-1.85%
FLEX	B	-1.84%
SE	B	-1.73%
V	C	-1.57%
GPN	D	-1.32%
LLY	D	-1.25%
VRT	C	-1.2%
LPLA	D	-1.04%
ADBE	F	-1.01%
FND	C	-0.97%
MDB	D	-0.92%
ORCL	B	-0.91%
HUM	F	-0.89%
MQ	F	-0.87%
SNAP	D	-0.87%
EPAM	F	-0.86%
NOW	C	-0.84%
MRVL	D	-0.8%
CRM	C	-0.77%
BA	F	-0.74%
ZI	D	-0.68%
DT	C	-0.67%
CVNA	B	-0.66%
PCG	C	-0.64%
DDOG	D	-0.64%
TSM	C	-0.64%
MA	B	-0.59%
INTU	D	-0.58%
HUBS	D	-0.55%
CYTK	F	-0.55%
NFLX	B	-0.55%
PEN	D	-0.54%
DLO	F	-0.51%
CNC	D	-0.5%
CEG	C	-0.49%
JBL	C	-0.47%
AGL	F	-0.46%
TMDX	C	-0.46%
TMO	B	-0.42%
BJ	D	-0.4%
PCVX	C	-0.4%
LOW	B	-0.4%
DHR	B	-0.38%
AMT	C	-0.38%
INTA	C	-0.36%
AR	C	-0.34%
LYFT	D	-0.29%
MGNI	D	-0.29%
GFS	F	-0.28%
AMAT	D	-0.26%
LITE	B	-0.26%
ACVA	C	-0.25%
DV	F	-0.23%
ARGX	B	-0.22%
OVV	F	-0.22%
CLDX	F	-0.22%
PANW	D	-0.19%
LULU	D	-0.17%
ETN	C	-0.17%
COHR	C	-0.16%
PSTG	F	-0.15%
BE	F	-0.14%
KO	B	-0.14%
APO	B	-0.12%
NUVL	D	-0.11%
MRNA	F	-0.1%
ACN	C	-0.1%
REGN	D	-0.1%
ALNY	C	-0.1%
CHTR	D	-0.09%
ZNTL	D	-0.08%
KROS	C	-0.07%
ALXO	F	-0.06%
SNOW	F	-0.06%
W	C	-0.05%
ANET	C	-0.05%
FSLR	C	-0.05%
AVGO	C	-0.04%
VLTO	B	-0.04%
ARM	C	-0.03%
LEN	B	-0.02%
TSLA	C	-0.01%
ASND	C	-0.0%
ALHC	C	-0.0%

AADR: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - Latin America Semiconductors Specialty Retail Aerospace & Defense Biotechnology Capital Markets Computer Systems Credit Services Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Gold Industrial Metals & Minerals Internet Content & Information Oil & Gas Integrated Publishing Shipping & Ports Software - Application Utilities - Independent Power Producers