CRED vs. FFSM ETF Comparison

Comparison of Columbia Research Enhanced Real Estate ETF (CRED) to Fidelity Fundamental Small-Mid Cap ETF (FFSM)
CRED

Columbia Research Enhanced Real Estate ETF

CRED Description

Columbia Research Enhanced Real Estate ETF (the Fund) seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Lionstone Research Enhanced REIT Index (the Index). The Beta Advantage® Lionstone Research Enhanced REIT Index (the “Index”) aims to achieve stronger total return than the FTSE NAREIT All Equity REITs Index through a rules-based strategic beta approach. The Index methodology leverages proprietary research and insights from Lionstone Investments and Columbia Threadneedle Investments to score and weight each constituent within the FTSE NAREIT All Equity REITs Index on such factors as liquidity, income, geographic exposure, quality, value, catalyst and research rating.

Grade (RS Rating)

Last Trade

$23.63

Average Daily Volume

686

Number of Holdings *

70

* may have additional holdings in another (foreign) market
FFSM

Fidelity Fundamental Small-Mid Cap ETF

FFSM Description FFSM discloses holdings only on a monthly basis with a 30-day lag. The fund actively selects global mid- and small-cap companies with both growth and value factors. The portfolio is selected using fundamental and quantitative analysis, considering factors such as issuer's financial health and industry position, as well as the overall economic condition. The fund has a Tracking Basket Structure in place, which acts as a proxy portfolio that includes some of the funds holdings from recent disclosure, significant portion of the funds holdings, and cash. This is designed to track the funds daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads. Before February 26, 2024, the fund traded as Fidelity Small-Mid Cap Opportunities ETF under the ticker FSMO.

Grade (RS Rating)

Last Trade

$29.06

Average Daily Volume

28,472

Number of Holdings *

171

* may have additional holdings in another (foreign) market
Performance
Period CRED FFSM
30 Days -1.32% 7.11%
60 Days -1.75% 5.92%
90 Days 3.00% 6.92%
12 Months 25.86% 35.08%
2 Overlapping Holdings
Symbol Grade Weight in CRED Weight in FFSM Overlap
CTRE D 0.73% 0.49% 0.49%
EPRT B 0.54% 0.56% 0.54%
CRED Overweight 68 Positions Relative to FFSM
Symbol Grade Weight
AMT D 10.98%
SPG B 7.67%
EQIX A 7.18%
CCI D 6.96%
DLR B 6.22%
O D 5.9%
IRM D 3.91%
AVB B 3.32%
MAA B 3.18%
DOC D 2.75%
SBAC D 2.68%
INVH D 2.5%
WY D 2.39%
LAMR D 1.93%
GLPI C 1.81%
AMH D 1.7%
BXP D 1.51%
BRX A 1.45%
OHI C 1.36%
SUI D 1.31%
HST C 1.27%
CUBE D 1.2%
KRG B 1.01%
STAG F 0.96%
FR C 0.92%
KRC C 0.87%
NNN D 0.85%
RHP B 0.85%
CUZ B 0.83%
HIW D 0.78%
EPR D 0.77%
SBRA C 0.76%
VNO B 0.64%
APLE B 0.64%
NSA D 0.63%
PECO A 0.61%
RYN D 0.51%
OUT A 0.51%
LXP D 0.49%
MPW F 0.47%
BNL D 0.43%
MAC B 0.43%
PK B 0.4%
CDP C 0.39%
SKT B 0.39%
PCH D 0.36%
DEI B 0.33%
GNL F 0.31%
UE C 0.28%
PDM D 0.27%
UNIT B 0.22%
XHR B 0.2%
RLJ C 0.19%
DRH B 0.19%
JBGS D 0.18%
SHO C 0.17%
AHH D 0.17%
BDN C 0.16%
UMH C 0.14%
ESRT C 0.13%
PEB D 0.12%
WSR A 0.12%
GMRE F 0.11%
INN D 0.09%
PGRE F 0.08%
HPP F 0.07%
ILPT D 0.02%
OPI F 0.01%
CRED Underweight 169 Positions Relative to FFSM
Symbol Grade Weight
EME C -1.81%
UHS D -1.5%
FTI A -1.47%
TPX B -1.46%
ACGL D -1.45%
EXP A -1.44%
MUSA A -1.34%
NSIT F -1.33%
AR B -1.27%
BJ A -1.22%
FN D -1.22%
ITT A -1.2%
CROX D -1.17%
PFGC B -1.16%
USFD A -1.16%
VRT B -1.14%
SN D -1.11%
JLL D -1.1%
MOH F -1.1%
CACI D -1.06%
WHD B -1.01%
CR A -1.01%
RRX B -1.01%
ORI A -0.96%
SNX C -0.95%
DOX D -0.92%
AIZ A -0.91%
BOOT D -0.9%
TMDX F -0.9%
LNG B -0.9%
DFS B -0.89%
AIT A -0.88%
SNV B -0.88%
DKS C -0.84%
STX D -0.84%
AYI B -0.81%
TGLS B -0.81%
FAF A -0.77%
ALSN B -0.76%
BC C -0.76%
VTR C -0.76%
RGA A -0.76%
NXST C -0.75%
SF B -0.75%
PNFP B -0.73%
PCG A -0.72%
HLI B -0.71%
GPK C -0.71%
AEIS B -0.66%
ACM A -0.66%
ASGN F -0.65%
AES F -0.65%
LPX B -0.65%
KBH D -0.64%
FCNCA A -0.63%
ON D -0.62%
BECN B -0.61%
MMS F -0.6%
CMC B -0.6%
FSS B -0.6%
LBRT D -0.59%
G B -0.59%
VNT B -0.59%
CBT C -0.59%
CADE B -0.59%
WBS A -0.57%
NOG A -0.57%
MEDP D -0.57%
MTSI B -0.57%
PRI A -0.56%
HOLX D -0.56%
XPO B -0.56%
BCO D -0.56%
CHDN B -0.54%
ESI A -0.54%
CIEN B -0.53%
ASO F -0.53%
WTFC A -0.52%
CRL C -0.52%
CWK B -0.51%
RJF A -0.51%
PVH C -0.51%
HAYW B -0.51%
IESC B -0.51%
GMS B -0.51%
WIX B -0.5%
AFG A -0.49%
EBC B -0.49%
EAT A -0.47%
CNM D -0.47%
KBR F -0.46%
BOKF B -0.46%
BLDR D -0.46%
TENB C -0.45%
OLN D -0.45%
PRCT B -0.44%
LITE B -0.44%
NOMD D -0.42%
AXTA A -0.42%
TEX D -0.42%
ARGX A -0.41%
COMP B -0.4%
LW C -0.4%
MASI A -0.39%
IP B -0.37%
CXT B -0.36%
CAH B -0.36%
GVA A -0.35%
RUSHA C -0.35%
AZZ B -0.34%
GTES A -0.33%
WFRD D -0.33%
PCVX D -0.32%
FLEX A -0.31%
AZEK A -0.3%
UPBD B -0.3%
ARCB C -0.3%
MTB A -0.3%
SKY A -0.3%
LEA D -0.3%
GRBK D -0.3%
CNXC F -0.29%
IBTX B -0.29%
FBP B -0.29%
LCII C -0.29%
DIOD D -0.27%
AMN F -0.27%
ALGM D -0.24%
LAUR A -0.24%
DOOO F -0.23%
PATK D -0.2%
CRNX C -0.19%
ACLX C -0.19%
RGEN D -0.19%
KFRC D -0.18%
CYTK F -0.18%
MDGL B -0.16%
NUVL D -0.16%
AAP C -0.15%
XPRO F -0.14%
MNDY C -0.14%
KROS D -0.13%
ELVN D -0.12%
VCEL B -0.12%
VRDN D -0.12%
OMI F -0.12%
AXSM B -0.11%
ANAB F -0.11%
CSTM F -0.11%
TYRA F -0.11%
COGT D -0.11%
LBPH A -0.1%
ICLR D -0.1%
CLDX F -0.1%
XENE D -0.09%
AUTL F -0.08%
TCBK B -0.08%
MRUS F -0.07%
PBH A -0.06%
ARVN D -0.04%
ATKR C -0.01%
FIBK A -0.01%
CC C -0.01%
LPLA A -0.01%
STLD B -0.01%
AME A -0.01%
ALXO F -0.0%
EWTX C -0.0%
ZNTL F -0.0%
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