DFNV vs. FFLG ETF Comparison

Comparison of TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) to Fidelity Fundamental Large Cap Growth ETF (FFLG)

DFNV

TrimTabs Donoghue Forlines Risk Managed Innovation ETF

DFNV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Risk Managed Free Cash Flow Innovation Index. To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the index. The index is designed to track the performance of a strategy that seeks to provide risk-managed exposure to U.S. publicly traded companies with strong free cash flow and strong research and development (R&D) investment

Grade (RS Rating)

Last Trade

$33.74

Average Daily Volume

20,154

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

$23.95

Average Daily Volume

43,065

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	DFNV	FFLG
30 Days	6.04%	6.90%
60 Days	14.84%	13.54%
90 Days	4.85%	-1.49%
12 Months	36.12%	46.80%

16 Overlapping Holdings

Symbol	Grade	Weight in DFNV	Weight in FFLG	Overlap
AAPL	C	8.56%	2.2%	2.2%
ADBE	F	2.49%	1.01%	1.01%
AMZN	C	0.2%	5.21%	0.2%
ANET	A	1.71%	0.05%	0.05%
AVGO	B	4.58%	0.04%	0.04%
CRM	B	2.57%	0.77%	0.77%
DDOG	B	1.12%	0.64%	0.64%
DT	B	0.7%	0.67%	0.67%
INTU	F	2.27%	0.58%	0.58%
LYFT	D	0.4%	0.29%	0.29%
NOW	B	2.54%	0.84%	0.84%
PANW	B	1.8%	0.19%	0.19%
PSTG	F	0.75%	0.15%	0.15%
SNOW	F	1.1%	0.06%	0.06%
UBER	C	2.17%	3.45%	2.17%
VRT	B	1.08%	1.2%	1.08%

DFNV Overweight 82 Positions Relative to FFLG

Symbol	Grade	Weight
ABBV	C	3.17%
JNJ	D	2.8%
QCOM	D	2.45%
IBM	A	2.35%
GILD	A	1.86%
BMY	A	1.86%
AMGN	D	1.83%
SPOT	C	1.62%
PLTR	A	1.56%
CRWD	D	1.54%
MSI	A	1.51%
MMM	C	1.41%
DASH	A	1.37%
FTNT	A	1.35%
APP	A	1.35%
PYPL	A	1.33%
TTD	A	1.18%
ADSK	B	1.16%
WDAY	D	1.13%
EA	D	1.03%
VEEV	C	0.99%
RBLX	D	0.98%
MCHP	F	0.98%
TEAM	D	0.96%
NTAP	D	0.9%
ZS	F	0.87%
RMD	C	0.86%
PINS	D	0.82%
MANH	A	0.8%
PTC	B	0.75%
NTNX	C	0.73%
EXPE	B	0.73%
DUOL	B	0.71%
ZM	B	0.7%
UI	B	0.68%
DOCU	A	0.65%
SWKS	F	0.63%
VRSN	C	0.62%
ENPH	F	0.61%
FFIV	B	0.58%
JKHY	A	0.54%
HAS	A	0.54%
SMAR	A	0.54%
SOLV	C	0.53%
MTCH	B	0.53%
NBIX	F	0.53%
QRVO	F	0.5%
PCTY	C	0.49%
PEGA	B	0.48%
ETSY	F	0.47%
DBX	C	0.46%
NYT	C	0.45%
CVLT	B	0.45%
PI	A	0.45%
ZETA	B	0.44%
GNRC	B	0.42%
PATH	D	0.41%
JAZZ	F	0.41%
CRUS	D	0.41%
ALTR	B	0.4%
HALO	D	0.4%
MAT	B	0.39%
TENB	D	0.37%
BOX	C	0.37%
QLYS	F	0.35%
CWAN	B	0.31%
ALKS	B	0.3%
IGT	F	0.28%
BL	D	0.24%
PLTK	C	0.23%
FLNC	C	0.22%
TDC	D	0.22%
YOU	C	0.22%
ALRM	F	0.21%
PRGS	A	0.21%
PTGX	C	0.2%
ACAD	F	0.19%
RNG	F	0.19%
YELP	D	0.18%
VERX	B	0.18%
RPD	D	0.17%
CMPR	F	0.16%

DFNV Underweight 84 Positions Relative to FFLG

Symbol	Grade	Weight
MSFT	D	-10.56%
NVDA	B	-7.82%
META	A	-5.36%
GOOG	B	-4.66%
TMUS	A	-2.86%
GOOGL	B	-2.8%
ROKU	C	-2.65%
UNH	B	-2.14%
AMD	C	-1.93%
ON	F	-1.9%
BSX	A	-1.88%
SQ	D	-1.85%
FLEX	B	-1.84%
NXPI	F	-1.81%
SE	B	-1.73%
V	B	-1.57%
GPN	F	-1.32%
LLY	D	-1.25%
LPLA	D	-1.04%
FND	C	-0.97%
MDB	D	-0.92%
ORCL	A	-0.91%
HUM	F	-0.89%
MQ	F	-0.87%
SNAP	D	-0.87%
EPAM	F	-0.86%
MRVL	C	-0.8%
BA	F	-0.74%
ZI	F	-0.68%
CVNA	A	-0.66%
PCG	C	-0.64%
TSM	B	-0.64%
MA	A	-0.59%
HUBS	D	-0.55%
CYTK	D	-0.55%
NFLX	A	-0.55%
PEN	D	-0.54%
DLO	D	-0.51%
CNC	F	-0.5%
CEG	A	-0.49%
JBL	C	-0.47%
AGL	F	-0.46%
TMDX	D	-0.46%
TMO	D	-0.42%
BJ	B	-0.4%
PCVX	C	-0.4%
LOW	C	-0.4%
DHR	D	-0.38%
AMT	D	-0.38%
INTA	C	-0.36%
AR	C	-0.34%
MGNI	D	-0.29%
GFS	F	-0.28%
AMAT	C	-0.26%
LITE	A	-0.26%
ACVA	C	-0.25%
DV	F	-0.23%
ARGX	C	-0.22%
OVV	D	-0.22%
CLDX	F	-0.22%
LULU	D	-0.17%
ETN	B	-0.17%
COHR	B	-0.16%
BE	F	-0.14%
KO	C	-0.14%
APO	A	-0.12%
NUVL	B	-0.11%
MRNA	F	-0.1%
ACN	B	-0.1%
NVO	F	-0.1%
REGN	D	-0.1%
ALNY	C	-0.1%
CHTR	D	-0.09%
ZNTL	F	-0.08%
KROS	C	-0.07%
ALXO	F	-0.06%
W	C	-0.05%
FSLR	C	-0.05%
VLTO	A	-0.04%
ARM	C	-0.03%
LEN	C	-0.02%
TSLA	C	-0.01%
ASND	C	-0.0%
ALHC	C	-0.0%