EQWL vs. FELC ETF Comparison

Comparison of PowerShares Russell Top 200 Equal Weight Portfolio (EQWL) to Fidelity Enhanced Large Cap Core ETF (FELC)

EQWL

PowerShares Russell Top 200 Equal Weight Portfolio

EQWL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell Top 200 Equal Weight Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the component securities that comprise the underlying index. The underlying index is designed to provide equal-weighted exposure to the securities of the largest 200 companies in the U.S. equity market.

Grade (RS Rating)

Last Trade

$106.55

Average Daily Volume

61,555

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FELC

Fidelity Enhanced Large Cap Core ETF

FELC Description

The fund will normally invest at least 80% of assets in common stocks included in the S&P 500® Index, which is a market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance. 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

$33.43

Average Daily Volume

581,796

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	EQWL	FELC
30 Days	3.32%	3.27%
60 Days	4.89%	5.09%
90 Days	7.38%	6.09%
12 Months	31.93%	33.74%

65 Overlapping Holdings

Symbol	Grade	Weight in EQWL	Weight in FELC	Overlap
AAPL	C	0.97%	7.38%	0.97%
ABBV	D	0.83%	1.02%	0.83%
ABT	B	0.94%	0.56%	0.56%
ADBE	C	0.94%	0.94%	0.94%
AMGN	D	0.84%	0.33%	0.33%
AMT	D	0.77%	0.24%	0.24%
AMZN	C	1.08%	3.93%	1.08%
AVGO	D	0.97%	1.72%	0.97%
AXP	A	1.06%	0.31%	0.31%
BAC	A	1.13%	1.2%	1.13%
BK	A	1.07%	0.11%	0.11%
BKNG	A	1.2%	0.13%	0.13%
BMY	B	1.13%	0.75%	0.75%
BRK.A	B	0.99%	2.25%	0.99%
C	A	1.12%	0.02%	0.02%
CAT	B	1.06%	0.57%	0.57%
CL	D	0.82%	0.47%	0.47%
CMCSA	B	1.04%	0.86%	0.86%
COST	B	0.96%	0.31%	0.31%
CRM	B	1.24%	1.15%	1.15%
CSCO	B	1.1%	0.66%	0.66%
CVS	D	0.9%	0.25%	0.25%
CVX	A	1.09%	0.01%	0.01%
DIS	B	1.14%	0.65%	0.65%
F	C	0.98%	0.11%	0.11%
GE	D	0.95%	0.39%	0.39%
GILD	C	1.06%	0.74%	0.74%
GOOG	C	0.48%	1.9%	0.48%
GOOGL	C	0.58%	2.05%	0.58%
GS	A	1.17%	0.15%	0.15%
HD	A	1.02%	1.29%	1.02%
JNJ	D	0.87%	0.74%	0.74%
JPM	A	1.12%	1.94%	1.12%
LLY	F	0.81%	0.76%	0.76%
LMT	D	0.9%	0.71%	0.71%
MA	C	1.0%	1.36%	1.0%
META	D	1.04%	2.89%	1.04%
MMM	D	0.94%	0.13%	0.13%
MRK	F	0.8%	0.99%	0.8%
MS	A	1.28%	0.31%	0.31%
MSFT	F	0.94%	5.68%	0.94%
NEE	D	0.84%	0.84%	0.84%
NFLX	A	1.14%	1.3%	1.14%
NVDA	C	1.17%	7.39%	1.17%
ORCL	B	1.09%	0.05%	0.05%
PEP	F	0.88%	0.05%	0.05%
PFE	D	0.84%	0.42%	0.42%
PG	A	0.91%	0.72%	0.72%
PM	B	0.97%	0.94%	0.94%
PYPL	B	1.17%	0.34%	0.34%
QCOM	F	0.93%	0.88%	0.88%
RTX	C	0.95%	0.7%	0.7%
SCHW	B	1.23%	0.8%	0.8%
SPG	B	1.03%	0.59%	0.59%
T	A	0.97%	0.73%	0.73%
TMO	F	0.83%	0.33%	0.33%
TMUS	B	1.12%	0.31%	0.31%
TSLA	B	1.29%	1.31%	1.29%
UNH	C	0.95%	0.57%	0.57%
UNP	C	0.9%	0.76%	0.76%
V	A	1.02%	0.82%	0.82%
VZ	C	0.87%	0.06%	0.06%
WFC	A	1.31%	0.1%	0.1%
WMT	A	0.99%	1.14%	0.99%
XOM	B	1.03%	1.56%	1.03%

EQWL Overweight 36 Positions Relative to FELC

Symbol	Grade	Weight
COF	B	1.25%
INTC	D	1.21%
EMR	A	1.2%
GM	B	1.18%
BLK	C	1.12%
CHTR	C	1.1%
USB	A	1.07%
HON	B	1.07%
MET	A	1.03%
COP	C	1.03%
INTU	C	1.02%
LOW	D	1.0%
UPS	C	0.99%
MO	A	0.99%
TXN	C	0.98%
AIG	B	0.98%
ACN	C	0.98%
FDX	B	0.97%
MCD	D	0.96%
TGT	F	0.96%
DE	A	0.95%
SBUX	A	0.95%
IBM	C	0.93%
SO	D	0.92%
LIN	D	0.92%
MDT	D	0.91%
NKE	D	0.91%
GD	F	0.91%
DUK	C	0.89%
AMD	F	0.87%
KHC	F	0.85%
BA	F	0.84%
DOW	F	0.84%
MDLZ	F	0.83%
KO	D	0.83%
DHR	F	0.83%

EQWL Underweight 105 Positions Relative to FELC

Symbol	Grade	Weight
PGR	A	-0.74%
CTAS	B	-0.69%
AMAT	F	-0.68%
MU	D	-0.66%
ECL	D	-0.63%
KLAC	D	-0.63%
CI	F	-0.63%
BDX	F	-0.62%
NOC	D	-0.6%
TJX	A	-0.59%
SQ	B	-0.58%
CVNA	B	-0.55%
NOW	A	-0.55%
EOG	A	-0.54%
CSX	B	-0.54%
DVN	F	-0.53%
PCAR	B	-0.52%
TXT	D	-0.52%
DBX	B	-0.52%
TT	A	-0.52%
ZM	B	-0.51%
MSI	B	-0.5%
CME	A	-0.5%
IGT	F	-0.46%
EXEL	B	-0.45%
LRCX	F	-0.44%
TRV	B	-0.43%
ANF	C	-0.42%
CACI	D	-0.4%
SSNC	B	-0.38%
NSC	B	-0.38%
TDC	D	-0.37%
AON	A	-0.35%
CMG	B	-0.35%
MSCI	C	-0.33%
ALLE	D	-0.33%
WM	A	-0.32%
SPGI	C	-0.31%
CAH	B	-0.31%
TROW	B	-0.31%
PPG	F	-0.3%
SEIC	B	-0.3%
MGM	D	-0.3%
MMC	B	-0.29%
INCY	C	-0.28%
CCL	B	-0.26%
LDOS	C	-0.24%
RSG	A	-0.24%
SKYW	B	-0.23%
GAP	C	-0.22%
GRMN	B	-0.22%
IDXX	F	-0.22%
LHX	C	-0.21%
LYFT	C	-0.21%
GL	B	-0.21%
MEDP	D	-0.21%
ADP	B	-0.2%
ALRM	C	-0.2%
NUE	C	-0.2%
OXY	D	-0.19%
DASH	A	-0.18%
WDAY	B	-0.16%
FTNT	C	-0.15%
ED	D	-0.15%
UBER	D	-0.14%
WTW	B	-0.14%
TWLO	A	-0.13%
UNM	A	-0.12%
PNC	B	-0.12%
VST	B	-0.12%
QRVO	F	-0.12%
NBIX	C	-0.11%
NRG	B	-0.11%
CLX	B	-0.11%
ANET	C	-0.11%
BLD	D	-0.11%
LNW	D	-0.11%
BBWI	D	-0.11%
BIIB	F	-0.1%
PEGA	A	-0.1%
HWM	A	-0.1%
PSA	D	-0.09%
SOLV	C	-0.09%
VEEV	C	-0.08%
MKL	A	-0.08%
FR	C	-0.08%
ZBRA	B	-0.06%
MCK	B	-0.06%
DHI	D	-0.06%
STLD	B	-0.06%
AXTA	A	-0.05%
SCCO	F	-0.05%
PLTK	B	-0.04%
ROST	C	-0.04%
GEHC	F	-0.04%
SYK	C	-0.03%
KR	B	-0.03%
SWKS	F	-0.03%
A	D	-0.03%
CRUS	D	-0.03%
LPLA	A	-0.03%
GPN	B	-0.02%
DOCU	A	-0.02%
WBD	C	-0.01%
AES	F	-0.01%