APUE vs. FELV ETF Comparison

Comparison of Trust for Professional Managers ActivePassive U.S. Equity ETF (APUE) to Fidelity Enhanced Large Cap Value ETF (FELV)

APUE

Trust for Professional Managers ActivePassive U.S. Equity ETF

APUE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the CRSP U.S. Total Market Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$36.75

Average Daily Volume

85,016

Number of Holdings ^*

293

* may have additional holdings in another (foreign) market

FELV

Fidelity Enhanced Large Cap Value ETF

FELV Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$32.56

Average Daily Volume

106,908

Number of Holdings ^*

332

* may have additional holdings in another (foreign) market

Performance

Period	APUE	FELV
30 Days	3.74%	4.38%
60 Days	4.87%	5.85%
90 Days	6.08%	7.57%
12 Months	33.10%	29.90%

155 Overlapping Holdings

Symbol	Grade	Weight in APUE	Weight in FELV	Overlap
A	D	0.09%	0.09%	0.09%
AAPL	C	5.79%	0.19%	0.19%
ABBV	D	0.6%	0.85%	0.6%
ABT	B	0.25%	0.54%	0.25%
ACN	C	0.58%	0.34%	0.34%
ADBE	C	0.47%	0.37%	0.37%
ADI	D	0.29%	0.04%	0.04%
ADM	D	0.03%	0.1%	0.03%
ADP	B	0.17%	0.1%	0.1%
AEP	D	0.22%	0.08%	0.08%
ALL	A	0.08%	0.19%	0.08%
AMAT	F	0.39%	0.42%	0.39%
AMD	F	0.45%	0.02%	0.02%
AMGN	D	0.18%	0.15%	0.15%
AMT	D	0.22%	0.14%	0.14%
AMZN	C	3.5%	0.08%	0.08%
AON	A	0.08%	0.59%	0.08%
AVGO	D	1.41%	0.12%	0.12%
AXP	A	0.39%	0.2%	0.2%
AXTA	A	0.27%	0.03%	0.03%
BAC	A	0.49%	1.77%	0.49%
BK	A	0.37%	0.63%	0.37%
BLK	C	0.3%	0.37%	0.3%
BMY	B	0.18%	0.84%	0.18%
BRK.A	B	1.84%	3.64%	1.84%
BSX	B	0.28%	0.19%	0.19%
C	A	0.38%	0.48%	0.38%
CAH	B	0.1%	0.3%	0.1%
CAT	B	0.29%	0.54%	0.29%
CCI	D	0.08%	0.57%	0.08%
CCL	B	0.16%	0.13%	0.13%
CEG	D	0.11%	0.17%	0.11%
CI	F	0.05%	0.6%	0.05%
CL	D	0.1%	0.54%	0.1%
CMCSA	B	0.27%	1.13%	0.27%
CMG	B	0.12%	0.07%	0.07%
CMI	A	0.11%	0.34%	0.11%
CNC	D	0.03%	0.23%	0.03%
COF	B	0.3%	0.47%	0.3%
COP	C	0.24%	0.56%	0.24%
CRM	B	0.62%	0.22%	0.22%
CSCO	B	0.38%	1.07%	0.38%
CSGP	D	0.06%	0.04%	0.04%
CTAS	B	0.31%	0.43%	0.31%
CTRA	B	0.04%	0.05%	0.04%
CVNA	B	0.05%	0.62%	0.05%
CVS	D	0.05%	0.3%	0.05%
CVX	A	0.31%	0.53%	0.31%
DASH	A	0.2%	0.08%	0.08%
DD	D	0.1%	0.48%	0.1%
DELL	C	0.05%	0.08%	0.05%
DGX	A	0.13%	0.01%	0.01%
DHI	D	0.22%	0.03%	0.03%
DHR	F	0.39%	0.17%	0.17%
DIS	B	0.44%	0.8%	0.44%
DTE	C	0.02%	0.19%	0.02%
DUK	C	0.4%	0.28%	0.28%
DVN	F	0.06%	0.34%	0.06%
ECL	D	0.12%	0.5%	0.12%
ED	D	0.15%	0.22%	0.15%
ELV	F	0.04%	0.11%	0.04%
EOG	A	0.11%	0.53%	0.11%
EQR	B	0.3%	0.17%	0.17%
ETN	A	0.39%	0.76%	0.39%
EVRG	A	0.16%	0.35%	0.16%
EW	C	0.05%	0.06%	0.05%
FR	C	0.18%	0.28%	0.18%
GD	F	0.06%	0.14%	0.06%
GE	D	0.47%	1.05%	0.47%
GEV	B	0.14%	0.28%	0.14%
GILD	C	0.16%	0.92%	0.16%
GIS	D	0.01%	0.05%	0.01%
GPN	B	0.05%	0.09%	0.05%
GRMN	B	0.15%	0.11%	0.11%
GS	A	0.32%	0.34%	0.32%
HD	A	0.59%	0.45%	0.45%
HON	B	0.3%	0.08%	0.08%
HWM	A	0.16%	0.12%	0.12%
IBM	C	0.42%	0.27%	0.27%
ICE	C	0.15%	0.18%	0.15%
JNJ	D	0.89%	1.02%	0.89%
JPM	A	1.5%	2.93%	1.5%
KHC	F	0.07%	0.12%	0.07%
KLAC	D	0.19%	0.03%	0.03%
KMB	D	0.13%	0.14%	0.13%
KR	B	0.09%	0.31%	0.09%
L	A	0.25%	0.35%	0.25%
LIN	D	0.33%	0.46%	0.33%
LMT	D	0.15%	0.64%	0.15%
LOW	D	0.35%	0.07%	0.07%
MA	C	0.59%	0.28%	0.28%
MCD	D	0.23%	0.28%	0.23%
MCK	B	0.11%	0.09%	0.09%
MDLZ	F	0.28%	0.06%	0.06%
MDT	D	0.33%	0.4%	0.33%
META	D	2.28%	0.21%	0.21%
MKL	A	0.07%	0.17%	0.07%
MO	A	0.47%	0.28%	0.28%
MS	A	0.23%	0.54%	0.23%
MU	D	0.16%	0.86%	0.16%
NEE	D	0.2%	0.81%	0.2%
NEM	D	0.07%	0.05%	0.05%
NFLX	A	0.74%	0.19%	0.19%
NTAP	C	0.05%	0.12%	0.05%
NUE	C	0.04%	0.34%	0.04%
NVDA	C	5.97%	0.17%	0.17%
NWS	B	0.05%	0.03%	0.03%
PCAR	B	0.31%	0.39%	0.31%
PCG	A	0.12%	0.39%	0.12%
PEG	A	0.14%	0.1%	0.1%
PFE	D	0.25%	0.85%	0.25%
PFG	D	0.04%	0.16%	0.04%
PG	A	0.99%	1.24%	0.99%
PGR	A	0.26%	0.35%	0.26%
PH	A	0.33%	0.12%	0.12%
PHM	D	0.29%	0.01%	0.01%
PKG	A	0.07%	0.13%	0.07%
PM	B	0.25%	1.31%	0.25%
PYPL	B	0.15%	0.79%	0.15%
QCOM	F	0.48%	0.5%	0.48%
RCL	A	0.08%	0.15%	0.08%
ROP	B	0.17%	0.01%	0.01%
ROST	C	0.06%	0.11%	0.06%
RSG	A	0.05%	0.66%	0.05%
RTX	C	0.21%	0.7%	0.21%
SO	D	0.22%	0.12%	0.12%
SPG	B	0.46%	0.18%	0.18%
SPGI	C	0.26%	0.63%	0.26%
SQ	B	0.06%	0.7%	0.06%
STLD	B	0.11%	0.33%	0.11%
STT	A	0.09%	0.15%	0.09%
SWKS	F	0.1%	0.13%	0.1%
SYF	B	0.11%	0.03%	0.03%
SYK	C	0.38%	0.26%	0.26%
T	A	0.43%	1.02%	0.43%
TGT	F	0.16%	0.01%	0.01%
TJX	A	0.32%	0.28%	0.28%
TMO	F	0.29%	0.73%	0.29%
TMUS	B	0.41%	0.56%	0.41%
TT	A	0.17%	0.52%	0.17%
TXN	C	0.29%	0.16%	0.16%
TXT	D	0.15%	0.53%	0.15%
UAL	A	0.03%	0.03%	0.03%
UNH	C	1.04%	1.57%	1.04%
UNP	C	0.38%	0.75%	0.38%
UPS	C	0.1%	0.06%	0.06%
VICI	C	0.25%	0.25%	0.25%
VLTO	D	0.03%	0.04%	0.03%
VRTX	F	0.21%	0.09%	0.09%
VZ	C	0.38%	0.68%	0.38%
WAB	B	0.18%	0.45%	0.18%
WFC	A	0.62%	1.22%	0.62%
WMT	A	0.93%	1.76%	0.93%
XOM	B	0.99%	2.51%	0.99%
ZBRA	B	0.26%	0.32%	0.26%

APUE Overweight 138 Positions Relative to FELV

Symbol	Grade	Weight
MSFT	F	5.41%
DFAS	A	4.83%
GOOGL	C	1.98%
TSLA	B	1.68%
GOOG	C	1.63%
LLY	F	1.16%
COST	B	0.81%
V	A	0.64%
INTU	C	0.49%
NOW	A	0.47%
ISRG	A	0.43%
APH	A	0.43%
ORCL	B	0.42%
KO	D	0.42%
AER	B	0.42%
AFL	B	0.41%
AWI	A	0.38%
CHDN	B	0.38%
MUSA	A	0.37%
WTM	A	0.37%
MRK	F	0.35%
FI	A	0.33%
PEP	F	0.32%
ENTG	D	0.31%
DECK	A	0.31%
HCA	F	0.31%
ETR	B	0.3%
BR	A	0.29%
UBER	D	0.29%
SNA	A	0.27%
POST	C	0.27%
LANC	C	0.27%
GWW	B	0.27%
SHW	A	0.27%
URI	B	0.26%
WAT	B	0.26%
THG	A	0.25%
BX	A	0.25%
LW	C	0.25%
MAS	D	0.24%
ANET	C	0.24%
JKHY	D	0.23%
NEU	C	0.23%
CACC	D	0.23%
CWST	A	0.22%
GM	B	0.22%
QLYS	C	0.22%
KKR	A	0.21%
LEN	D	0.2%
LRCX	F	0.2%
PPL	B	0.19%
TTC	D	0.19%
ESI	A	0.19%
PLD	D	0.18%
FDX	B	0.18%
NI	A	0.18%
REGN	F	0.18%
CBOE	B	0.17%
PANW	C	0.17%
IRM	D	0.16%
IP	B	0.16%
GDDY	A	0.16%
FCX	D	0.16%
ESS	B	0.15%
REYN	D	0.15%
TREX	C	0.15%
CARR	D	0.15%
DE	A	0.15%
COIN	C	0.15%
LEN	D	0.15%
WY	D	0.14%
UNF	B	0.14%
DOV	A	0.14%
FOX	A	0.14%
MTN	C	0.14%
AIG	B	0.14%
FOXA	B	0.13%
EMR	A	0.13%
BALL	D	0.13%
WELL	A	0.13%
ZBH	C	0.13%
BRKR	D	0.13%
MPC	D	0.13%
FNF	B	0.13%
CRWD	B	0.13%
HIG	B	0.12%
HOLX	D	0.12%
ABNB	C	0.11%
PLTR	B	0.11%
PWR	A	0.11%
CPRT	A	0.11%
SNPS	B	0.1%
AEE	A	0.1%
CNNE	B	0.09%
ZTS	D	0.09%
EFX	F	0.09%
APD	A	0.09%
CABO	C	0.09%
DLR	B	0.08%
DRI	B	0.08%
COR	B	0.08%
AVB	B	0.08%
ROK	B	0.08%
KVUE	A	0.07%
CRBG	B	0.07%
TW	A	0.07%
LNG	B	0.07%
CBRE	B	0.07%
ARE	D	0.07%
BEN	C	0.07%
CTSH	B	0.07%
EXR	D	0.07%
CB	C	0.06%
BA	F	0.06%
APO	B	0.06%
CTVA	C	0.06%
NDAQ	A	0.06%
RBLX	C	0.06%
ACGL	D	0.06%
MPWR	F	0.06%
VLO	C	0.06%
DAL	C	0.05%
GEN	B	0.05%
SLB	C	0.05%
IBKR	A	0.05%
IR	B	0.05%
PSX	C	0.05%
FSLR	F	0.04%
EG	C	0.04%
HUBB	B	0.04%
MNST	C	0.04%
J	F	0.04%
MSTR	C	0.03%
SMCI	F	0.02%
RKT	F	0.02%
DLTR	F	0.02%
WPC	D	0.02%
HST	C	0.0%

APUE Underweight 177 Positions Relative to FELV

Symbol	Grade	Weight
SCHW	B	-0.88%
INTC	D	-0.85%
BDX	F	-0.74%
PNC	B	-0.7%
NOC	D	-0.63%
MMM	D	-0.6%
SEIC	B	-0.58%
PPG	F	-0.57%
CME	A	-0.57%
NSC	B	-0.57%
ALLE	D	-0.54%
ZM	B	-0.52%
PSA	D	-0.52%
SSNC	B	-0.5%
LDOS	C	-0.47%
CACI	D	-0.46%
LHX	C	-0.45%
DBX	B	-0.42%
UNM	A	-0.38%
MMC	B	-0.38%
IGT	F	-0.36%
EXEL	B	-0.35%
TPH	D	-0.35%
BRX	A	-0.35%
CSX	B	-0.34%
FTV	C	-0.33%
LPX	B	-0.33%
F	C	-0.33%
TWLO	A	-0.3%
BIIB	F	-0.3%
VMC	B	-0.28%
VEEV	C	-0.28%
TOL	B	-0.28%
GL	B	-0.28%
TRV	B	-0.28%
ANF	C	-0.28%
TDC	D	-0.27%
AME	A	-0.26%
WTW	B	-0.26%
CLX	B	-0.25%
GAP	C	-0.25%
XEL	A	-0.25%
SEE	C	-0.25%
FLS	B	-0.25%
WM	A	-0.25%
EXC	C	-0.24%
KMI	A	-0.24%
TFC	A	-0.24%
CINF	A	-0.22%
Z	A	-0.22%
DOCU	A	-0.22%
OC	A	-0.22%
DOC	D	-0.22%
INCY	C	-0.22%
SKYW	B	-0.21%
MGM	D	-0.21%
HPE	B	-0.21%
JCI	C	-0.21%
VMI	B	-0.2%
MSI	B	-0.2%
EQIX	A	-0.2%
PNR	A	-0.19%
USFD	A	-0.19%
FTI	A	-0.19%
MSCI	C	-0.19%
KEY	B	-0.18%
ITT	A	-0.18%
TMHC	B	-0.18%
ZG	A	-0.18%
EIX	B	-0.17%
PRU	A	-0.17%
IQV	D	-0.17%
LNW	D	-0.17%
ACA	A	-0.17%
GEHC	F	-0.16%
TAP	C	-0.16%
QGEN	D	-0.16%
MEDP	D	-0.16%
CCK	C	-0.16%
AES	F	-0.16%
BBY	D	-0.15%
CNP	B	-0.15%
ILMN	D	-0.15%
JXN	C	-0.15%
OXY	D	-0.15%
WDC	D	-0.14%
HUM	C	-0.14%
HAL	C	-0.13%
WDAY	B	-0.13%
ES	D	-0.13%
TROW	B	-0.13%
SOLV	C	-0.12%
ITW	B	-0.12%
WMB	A	-0.12%
EEFT	B	-0.12%
UHS	D	-0.12%
BLD	D	-0.11%
AIZ	A	-0.11%
QRVO	F	-0.11%
EA	A	-0.11%
ENS	D	-0.11%
BCC	B	-0.11%
AMH	D	-0.11%
BMRN	D	-0.11%
TPR	B	-0.1%
ADTN	A	-0.1%
BKR	B	-0.1%
CRC	B	-0.1%
MHO	D	-0.1%
FANG	D	-0.09%
TRGP	B	-0.09%
CNO	A	-0.09%
MTDR	B	-0.09%
WBD	C	-0.09%
KD	B	-0.09%
ACT	D	-0.09%
CRUS	D	-0.09%
TENB	C	-0.08%
MKC	D	-0.08%
LH	C	-0.08%
BBWI	D	-0.08%
IFF	D	-0.08%
ALRM	C	-0.08%
VST	B	-0.07%
REG	B	-0.07%
BYD	C	-0.07%
LYFT	C	-0.07%
WCC	B	-0.07%
NWL	B	-0.06%
NWSA	B	-0.06%
LEG	F	-0.06%
ARW	D	-0.06%
VSTS	C	-0.06%
OGE	B	-0.06%
NMRK	B	-0.06%
DFS	B	-0.05%
TRMB	B	-0.05%
SAM	C	-0.05%
FHI	A	-0.05%
GLPI	C	-0.05%
CW	B	-0.05%
PLTK	B	-0.05%
AM	A	-0.04%
INGR	B	-0.04%
VAC	B	-0.04%
HL	D	-0.04%
CWEN	C	-0.04%
BKH	A	-0.04%
CTRE	D	-0.04%
MSA	D	-0.03%
TFX	F	-0.03%
RGA	A	-0.03%
EXTR	B	-0.03%
WS	B	-0.03%
RJF	A	-0.03%
ALKS	B	-0.03%
MATX	C	-0.03%
CWEN	C	-0.02%
AYI	B	-0.02%
SWI	B	-0.02%
OKTA	C	-0.02%
OGN	D	-0.02%
BERY	B	-0.02%
ITRI	B	-0.02%
BIO	D	-0.02%
WOOF	D	-0.02%
MWA	B	-0.01%
TNL	A	-0.01%
FTDR	A	-0.01%
MUR	D	-0.01%
CXT	B	-0.01%
BLDR	D	-0.01%
ANSS	B	-0.01%
AXS	A	-0.01%
SON	D	-0.01%
GLW	B	-0.01%
M	D	-0.01%