FCPI vs. TMSL ETF Comparison

Comparison of Fidelity Stocks for Inflation ETF (FCPI) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Small-Mid Cap ETF (TMSL)

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

$45.80

Average Daily Volume

21,816

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

TMSL

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Small-Mid Cap ETF

TMSL Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in assets issued by small- or mid-cap companies. The fund may at times invest significantly in certain sectors, such as the information technology sector.

Grade (RS Rating)

Last Trade

$34.10

Average Daily Volume

71,985

Number of Holdings ^*

256

* may have additional holdings in another (foreign) market

Performance

Period	FCPI	TMSL
30 Days	4.13%	5.15%
60 Days	6.78%	5.62%
90 Days	7.89%	6.97%
12 Months	38.46%	34.59%

19 Overlapping Holdings

Symbol	Grade	Weight in FCPI	Weight in TMSL	Overlap
ANET	C	0.37%	0.1%	0.1%
CF	A	2.51%	0.53%	0.53%
CRBG	B	0.57%	0.58%	0.57%
CVLT	B	0.23%	0.15%	0.15%
DOCU	B	0.32%	0.71%	0.32%
EME	A	0.59%	0.54%	0.54%
FIX	A	0.59%	0.16%	0.16%
GDDY	A	0.29%	0.75%	0.29%
GEN	B	0.26%	0.64%	0.26%
HIG	B	0.58%	0.15%	0.15%
HST	C	1.76%	0.25%	0.25%
LDOS	C	0.59%	0.65%	0.59%
OC	A	0.44%	0.3%	0.3%
RGA	A	0.54%	0.51%	0.51%
RNR	C	0.59%	0.95%	0.59%
STLD	B	2.59%	0.54%	0.54%
THC	D	1.18%	1.13%	1.13%
TOL	B	0.31%	0.6%	0.31%
UHS	D	1.01%	0.34%	0.34%

FCPI Overweight 82 Positions Relative to TMSL

Symbol	Grade	Weight
NVDA	B	5.66%
AAPL	C	4.98%
MSFT	D	4.85%
VST	A	3.66%
TPL	A	3.3%
NRG	B	2.45%
NUE	C	2.27%
LLY	F	2.18%
AM	A	2.1%
PG	C	2.1%
AMZN	C	2.0%
BRBR	A	1.99%
SPG	A	1.98%
MPC	D	1.8%
VLO	C	1.74%
MO	A	1.7%
VICI	C	1.67%
GOOGL	C	1.49%
ABBV	F	1.47%
KMB	C	1.42%
CL	D	1.41%
COKE	C	1.41%
AVGO	D	1.37%
UTHR	C	1.3%
CI	D	1.23%
MCK	A	1.16%
V	A	1.14%
HCA	F	1.12%
META	D	0.99%
MEDP	D	0.98%
ELV	F	0.97%
RPRX	D	0.96%
REGN	F	0.93%
APP	B	0.82%
PGR	A	0.79%
COF	C	0.74%
AMP	A	0.74%
SYF	B	0.71%
DFS	B	0.71%
C	A	0.7%
JXN	C	0.66%
CAT	B	0.65%
MLI	B	0.57%
BKNG	A	0.52%
MTG	C	0.52%
IBM	C	0.5%
CSL	C	0.48%
QCOM	F	0.46%
BCC	B	0.44%
PANW	B	0.43%
CRWD	B	0.41%
AMAT	F	0.41%
MU	D	0.37%
FICO	B	0.37%
APH	A	0.35%
ABNB	C	0.32%
EBAY	D	0.32%
LRCX	F	0.32%
ZM	C	0.31%
DELL	B	0.3%
NFLX	A	0.3%
KLAC	F	0.3%
ATKR	D	0.3%
HRB	D	0.29%
PHM	D	0.29%
ANF	F	0.27%
GAP	C	0.26%
NXPI	D	0.26%
ACIW	B	0.25%
WSM	C	0.25%
DBX	B	0.24%
NTAP	C	0.23%
QLYS	B	0.22%
ONTO	F	0.21%
SWKS	F	0.18%
DIS	B	0.17%
CRUS	D	0.17%
VZ	C	0.16%
CMCSA	B	0.16%
T	A	0.15%
TMUS	B	0.13%
PINS	F	0.04%

FCPI Underweight 237 Positions Relative to TMSL

Symbol	Grade	Weight
SWK	D	-1.44%
SEM	B	-1.35%
FTI	A	-1.23%
CPAY	A	-1.23%
MKSI	C	-1.19%
TXT	D	-1.17%
WAL	B	-1.15%
BPOP	C	-1.14%
DT	D	-0.87%
REXR	F	-0.84%
ESAB	C	-0.81%
WBS	A	-0.8%
LAMR	C	-0.79%
RPM	A	-0.77%
SSNC	B	-0.75%
HII	F	-0.75%
VOYA	B	-0.67%
BFAM	D	-0.65%
RL	C	-0.63%
WU	F	-0.62%
TFX	F	-0.61%
RS	B	-0.61%
INSM	C	-0.59%
CUBE	C	-0.59%
NTNX	B	-0.59%
BDC	C	-0.59%
NI	A	-0.59%
VNO	C	-0.58%
ZBRA	B	-0.57%
SAIA	B	-0.56%
HBAN	A	-0.56%
PATK	C	-0.56%
SITE	F	-0.55%
OPCH	D	-0.54%
BURL	B	-0.53%
ENTG	D	-0.52%
FBP	C	-0.52%
XPRO	D	-0.52%
STNG	F	-0.52%
MNDY	C	-0.51%
WYNN	C	-0.51%
MWA	B	-0.51%
WING	D	-0.5%
CVNA	B	-0.5%
SUM	B	-0.5%
AGCO	D	-0.5%
VTRS	A	-0.5%
CW	C	-0.49%
IOT	A	-0.49%
CLH	C	-0.48%
APG	B	-0.48%
EWBC	A	-0.48%
WSC	F	-0.48%
COOP	B	-0.47%
DUOL	A	-0.47%
ST	F	-0.46%
BLX	B	-0.46%
EQH	C	-0.46%
EXAS	D	-0.45%
TYL	B	-0.45%
TTC	C	-0.45%
EHC	B	-0.45%
OMF	A	-0.45%
MIDD	C	-0.44%
MORN	B	-0.44%
TOST	B	-0.43%
BRX	A	-0.43%
HUBB	B	-0.43%
RRC	B	-0.43%
JBL	C	-0.42%
TKR	D	-0.42%
PLNT	A	-0.41%
LRN	A	-0.41%
KFY	B	-0.41%
FMC	D	-0.41%
NVR	D	-0.41%
HOLX	D	-0.4%
TNL	A	-0.4%
EG	C	-0.4%
VFC	C	-0.39%
AEE	A	-0.39%
AWI	A	-0.39%
FND	D	-0.39%
DKNG	B	-0.39%
BCO	F	-0.39%
RYN	D	-0.39%
BBWI	C	-0.38%
SUI	C	-0.38%
DPZ	C	-0.38%
NCLH	B	-0.37%
PHIN	A	-0.37%
VRRM	F	-0.37%
PR	B	-0.36%
REG	A	-0.36%
PTC	B	-0.36%
NXST	C	-0.35%
FITB	B	-0.35%
NWS	A	-0.35%
PCVX	D	-0.34%
RNA	C	-0.34%
UPWK	B	-0.33%
STGW	A	-0.33%
FLO	D	-0.33%
ULTA	F	-0.33%
DRH	B	-0.32%
BPMC	B	-0.32%
GEO	B	-0.32%
KMPR	A	-0.32%
DOLE	D	-0.32%
USFD	A	-0.32%
MAIN	A	-0.31%
DOX	D	-0.31%
SKWD	A	-0.31%
RVTY	F	-0.31%
MANH	D	-0.3%
MOH	F	-0.3%
LPX	B	-0.3%
POR	C	-0.3%
HWM	A	-0.29%
EVRI	A	-0.29%
NBIX	C	-0.29%
SHOO	F	-0.29%
BERY	C	-0.28%
TECH	F	-0.28%
OFG	B	-0.28%
ASGN	F	-0.28%
LSTR	D	-0.28%
ARMK	B	-0.28%
BJ	A	-0.28%
FCN	F	-0.28%
AYI	B	-0.27%
LPLA	A	-0.27%
FTDR	B	-0.27%
ATEN	A	-0.27%
PAYO	A	-0.27%
ELS	C	-0.26%
CASY	A	-0.26%
CPA	D	-0.26%
VNT	C	-0.26%
STEP	C	-0.26%
KRC	B	-0.26%
ELF	C	-0.26%
ELAN	D	-0.26%
PFGC	B	-0.25%
PLAB	C	-0.25%
KYMR	D	-0.25%
SCI	B	-0.25%
CHDN	B	-0.25%
NTRA	A	-0.25%
BLDR	D	-0.25%
VRTS	B	-0.25%
AZEK	A	-0.24%
PCTY	C	-0.24%
MTX	B	-0.24%
MCB	B	-0.24%
GLOB	B	-0.24%
RVMD	C	-0.24%
BLBD	D	-0.24%
BOX	B	-0.24%
CBOE	C	-0.23%
CRNX	C	-0.23%
BLD	D	-0.23%
OIS	B	-0.23%
RDDT	A	-0.23%
EEFT	B	-0.23%
CTLT	C	-0.23%
TREX	C	-0.23%
WFRD	D	-0.22%
UFPI	C	-0.22%
TDW	F	-0.22%
CELH	F	-0.22%
CRL	D	-0.22%
ESS	B	-0.22%
ALV	C	-0.22%
ALKS	C	-0.21%
EPR	C	-0.21%
ONON	A	-0.21%
LSCC	D	-0.21%
VRNT	C	-0.21%
BRZE	C	-0.21%
RGEN	D	-0.21%
WFG	C	-0.21%
LPRO	B	-0.21%
PK	C	-0.2%
SWN	C	-0.2%
PRDO	B	-0.2%
KEX	B	-0.2%
THG	A	-0.2%
TXRH	B	-0.2%
EVRG	A	-0.2%
CWEN	C	-0.2%
NWE	B	-0.19%
OLLI	D	-0.19%
HAFC	B	-0.19%
NFG	A	-0.19%
BGNE	D	-0.18%
AHH	D	-0.18%
LUV	C	-0.18%
LEGN	D	-0.18%
RARE	F	-0.18%
PBH	A	-0.17%
ENS	F	-0.17%
TW	A	-0.17%
WDC	D	-0.17%
PLUS	F	-0.16%
AVNT	B	-0.16%
BFS	C	-0.16%
AVY	F	-0.16%
REPL	D	-0.16%
SRPT	F	-0.16%
BWXT	B	-0.16%
VERA	C	-0.16%
GMRE	F	-0.15%
XRAY	F	-0.15%
CNP	A	-0.15%
WTTR	A	-0.15%
NRIX	C	-0.14%
TDC	D	-0.14%
AMAL	B	-0.14%
ESNT	F	-0.13%
ACM	B	-0.12%
XNCR	B	-0.12%
ASND	F	-0.12%
NTLA	F	-0.11%
MDGL	B	-0.11%
ACAD	C	-0.11%
CLDX	F	-0.11%
IONS	F	-0.11%
AKRO	B	-0.11%
IDYA	F	-0.1%
APPF	B	-0.08%
RCKT	F	-0.08%
BXC	B	-0.08%
PRTA	F	-0.07%
SRRK	C	-0.06%
PLRX	D	-0.06%
SWTX	C	-0.04%