FCPI vs. ECML ETF Comparison

Comparison of Fidelity Stocks for Inflation ETF (FCPI) to EA Series Trust Euclidean Fundamental Value ETF (ECML)

FCPI

Fidelity Stocks for Inflation ETF

FCPI Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Stocks for Inflation Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Stocks for Inflation Factor Index℠, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles and positive momentum signals, emphasizing industries that tend to outperform in inflationary environments.

Grade (RS Rating)

Last Trade

$46.12

Average Daily Volume

22,278

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

ECML

EA Series Trust Euclidean Fundamental Value ETF

ECML Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in U.S. equity securities that the sub-adviser believes are under-valued and under-appreciated by the market. The sub-adviser employs a quantitative and systematic approach to long-term investing. It is expected that the fund will generally hold 60 to 70 stocks that are selected from a universe that includes all publicly traded stocks listed on the New York Stock Exchange ("NYSE") and the Nasdaq Market ("Nasdaq").

Grade (RS Rating)

Last Trade

$35.74

Average Daily Volume

1,188

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCPI	ECML
30 Days	5.93%	7.29%
60 Days	6.96%	4.81%
90 Days	8.65%	5.05%
12 Months	39.44%	27.68%

13 Overlapping Holdings

Symbol	Grade	Weight in FCPI	Weight in ECML	Overlap
ATKR	C	0.27%	1.55%	0.27%
BCC	B	0.43%	1.51%	0.43%
CF	B	2.69%	1.54%	1.54%
COKE	C	1.42%	1.6%	1.42%
MLI	C	0.55%	2.27%	0.55%
MO	A	1.75%	1.72%	1.72%
MPC	D	1.86%	1.48%	1.48%
NUE	C	2.2%	1.48%	1.48%
OC	A	0.45%	1.69%	0.45%
PHM	D	0.29%	1.68%	0.29%
STLD	B	2.59%	1.69%	1.69%
TOL	B	0.31%	1.95%	0.31%
VLO	C	1.81%	1.6%	1.6%

FCPI Overweight 88 Positions Relative to ECML

Symbol	Grade	Weight
NVDA	C	5.6%
AAPL	C	5.11%
MSFT	F	4.79%
VST	B	4.0%
TPL	A	3.42%
NRG	B	2.51%
PG	A	2.18%
AM	A	2.11%
BRBR	A	2.07%
LLY	F	2.02%
SPG	B	2.02%
AMZN	C	1.95%
VICI	C	1.73%
HST	C	1.71%
KMB	D	1.47%
ABBV	D	1.45%
GOOGL	C	1.45%
CL	D	1.45%
AVGO	D	1.27%
UTHR	C	1.19%
CI	F	1.18%
MCK	B	1.17%
V	A	1.13%
THC	D	1.09%
HCA	F	1.07%
RPRX	D	0.98%
UHS	D	0.97%
META	D	0.96%
ELV	F	0.94%
APP	B	0.92%
MEDP	D	0.89%
REGN	F	0.85%
PGR	A	0.78%
AMP	A	0.75%
COF	B	0.72%
C	A	0.7%
SYF	B	0.7%
DFS	B	0.69%
CAT	B	0.63%
FIX	A	0.61%
RNR	C	0.6%
JXN	C	0.6%
EME	C	0.6%
HIG	B	0.59%
CRBG	B	0.57%
RGA	A	0.54%
BKNG	A	0.52%
MTG	C	0.52%
IBM	C	0.51%
LDOS	C	0.48%
CSL	C	0.46%
QCOM	F	0.44%
PANW	C	0.43%
CRWD	B	0.42%
AMAT	F	0.38%
FICO	B	0.37%
ANET	C	0.36%
WSM	B	0.35%
APH	A	0.35%
MU	D	0.35%
NFLX	A	0.33%
EBAY	D	0.32%
ABNB	C	0.32%
DOCU	A	0.31%
LRCX	F	0.3%
GDDY	A	0.3%
ZM	B	0.29%
DELL	C	0.29%
KLAC	D	0.28%
ANF	C	0.27%
HRB	D	0.27%
NXPI	D	0.26%
GEN	B	0.25%
CVLT	B	0.24%
ACIW	B	0.24%
GAP	C	0.24%
NTAP	C	0.23%
DBX	B	0.23%
QLYS	C	0.21%
DIS	B	0.19%
ONTO	D	0.19%
CRUS	D	0.17%
SWKS	F	0.17%
T	A	0.16%
CMCSA	B	0.16%
VZ	C	0.16%
TMUS	B	0.13%
PINS	D	0.04%

FCPI Underweight 47 Positions Relative to ECML

Symbol	Grade	Weight
ALSN	B	-2.24%
CALM	A	-2.21%
HSII	B	-2.11%
GPI	A	-1.86%
PRDO	B	-1.84%
CEIX	A	-1.83%
PPC	C	-1.83%
FOXA	B	-1.82%
LNG	B	-1.81%
TMHC	B	-1.78%
OVV	B	-1.77%
INGR	B	-1.76%
SM	B	-1.75%
GRBK	D	-1.74%
OSK	B	-1.7%
EOG	A	-1.69%
DDS	B	-1.67%
KBH	D	-1.67%
SANM	B	-1.65%
GIII	D	-1.65%
ARCH	B	-1.65%
CMC	B	-1.64%
COP	C	-1.64%
SIRI	C	-1.62%
TPH	D	-1.6%
HCC	B	-1.58%
PCAR	B	-1.58%
MHO	D	-1.58%
HESM	B	-1.54%
AMR	C	-1.53%
TEX	D	-1.51%
LEN	D	-1.51%
DVN	F	-1.5%
AN	C	-1.48%
ANDE	D	-1.47%
PLAB	C	-1.46%
DINO	D	-1.45%
DHI	D	-1.43%
IMKTA	C	-1.43%
LBRT	D	-1.41%
BG	F	-1.41%
MTH	D	-1.4%
ARW	D	-1.29%
MOH	F	-1.29%
INSW	F	-1.22%
LPG	F	-1.17%
FOR	F	-1.16%