FELC vs. AFLG ETF Comparison

Comparison of Fidelity Enhanced Large Cap Core ETF (FELC) to Active Factor Large Cap ETF (AFLG)

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

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.73

Average Daily Volume

35,934

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

Performance

Period	FELC	AFLG
30 Days	3.27%	4.50%
60 Days	5.09%	5.60%
90 Days	6.09%	7.89%
12 Months	33.74%	37.65%

88 Overlapping Holdings

Symbol	Grade	Weight in FELC	Weight in AFLG	Overlap
AAPL	C	7.38%	7.06%	7.06%
ABBV	D	1.02%	0.82%	0.82%
ADBE	C	0.94%	0.31%	0.31%
ALLE	D	0.33%	0.01%	0.01%
AMAT	F	0.68%	0.34%	0.34%
AMZN	C	3.93%	1.78%	1.78%
ANET	C	0.11%	0.13%	0.11%
AVGO	D	1.72%	1.27%	1.27%
AXP	A	0.31%	0.41%	0.31%
BBWI	D	0.11%	0.13%	0.11%
BK	A	0.11%	0.73%	0.11%
BKNG	A	0.13%	0.28%	0.13%
BMY	B	0.75%	0.58%	0.58%
BRK.A	B	2.25%	1.57%	1.57%
CAH	B	0.31%	0.11%	0.11%
CAT	B	0.57%	0.56%	0.56%
CI	F	0.63%	0.15%	0.15%
CL	D	0.47%	0.58%	0.47%
CMCSA	B	0.86%	0.55%	0.55%
CME	A	0.5%	0.23%	0.23%
CMG	B	0.35%	0.32%	0.32%
COST	B	0.31%	0.9%	0.31%
CRM	B	1.15%	0.59%	0.59%
CSCO	B	0.66%	0.44%	0.44%
CTAS	B	0.69%	0.7%	0.69%
CVNA	B	0.55%	0.07%	0.07%
CVS	D	0.25%	0.18%	0.18%
CVX	A	0.01%	0.45%	0.01%
DASH	A	0.18%	0.06%	0.06%
DHI	D	0.06%	0.32%	0.06%
DVN	F	0.53%	0.29%	0.29%
ECL	D	0.63%	0.52%	0.52%
ED	D	0.15%	0.25%	0.15%
GE	D	0.39%	0.15%	0.15%
GILD	C	0.74%	0.57%	0.57%
GL	B	0.21%	0.16%	0.16%
GOOGL	C	2.05%	2.04%	2.04%
GRMN	B	0.22%	0.41%	0.22%
HWM	A	0.1%	0.46%	0.1%
INCY	C	0.28%	0.22%	0.22%
JNJ	D	0.74%	0.7%	0.7%
KLAC	D	0.63%	0.1%	0.1%
KR	B	0.03%	0.47%	0.03%
LDOS	C	0.24%	0.13%	0.13%
LLY	F	0.76%	0.42%	0.42%
LMT	D	0.71%	0.34%	0.34%
MA	C	1.36%	0.21%	0.21%
MCK	B	0.06%	0.53%	0.06%
META	D	2.89%	1.8%	1.8%
MMM	D	0.13%	0.55%	0.13%
MRK	F	0.99%	0.62%	0.62%
MSFT	F	5.68%	4.6%	4.6%
MSI	B	0.5%	0.39%	0.39%
NFLX	A	1.3%	0.91%	0.91%
NRG	B	0.11%	0.81%	0.11%
NUE	C	0.2%	0.37%	0.2%
NVDA	C	7.39%	5.45%	5.45%
PCAR	B	0.52%	0.39%	0.39%
PG	A	0.72%	0.84%	0.72%
PGR	A	0.74%	0.73%	0.73%
PM	B	0.94%	0.35%	0.35%
PPG	F	0.3%	0.19%	0.19%
PSA	D	0.09%	0.05%	0.05%
QCOM	F	0.88%	0.88%	0.88%
QRVO	F	0.12%	0.05%	0.05%
ROST	C	0.04%	0.04%	0.04%
SCCO	F	0.05%	0.11%	0.05%
SOLV	C	0.09%	0.25%	0.09%
SPG	B	0.59%	0.58%	0.58%
SPGI	C	0.31%	0.08%	0.08%
SSNC	B	0.38%	0.09%	0.09%
STLD	B	0.06%	0.47%	0.06%
SWKS	F	0.03%	0.2%	0.03%
SYK	C	0.03%	0.15%	0.03%
T	A	0.73%	0.18%	0.18%
TJX	A	0.59%	0.38%	0.38%
TMUS	B	0.31%	0.35%	0.31%
TROW	B	0.31%	0.2%	0.2%
TT	A	0.52%	0.49%	0.49%
TXT	D	0.52%	0.07%	0.07%
UNH	C	0.57%	0.27%	0.27%
V	A	0.82%	0.3%	0.3%
VST	B	0.12%	1.26%	0.12%
VZ	C	0.06%	0.49%	0.06%
WMT	A	1.14%	0.61%	0.61%
WTW	B	0.14%	0.05%	0.05%
XOM	B	1.56%	0.74%	0.74%
ZM	B	0.51%	0.23%	0.23%

FELC Overweight 82 Positions Relative to AFLG

Symbol	Grade	Weight
JPM	A	1.94%
GOOG	C	1.9%
TSLA	B	1.31%
HD	A	1.29%
BAC	A	1.2%
NEE	D	0.84%
SCHW	B	0.8%
UNP	C	0.76%
RTX	C	0.7%
MU	D	0.66%
DIS	B	0.65%
BDX	F	0.62%
NOC	D	0.6%
SQ	B	0.58%
ABT	B	0.56%
NOW	A	0.55%
EOG	A	0.54%
CSX	B	0.54%
DBX	B	0.52%
IGT	F	0.46%
EXEL	B	0.45%
LRCX	F	0.44%
TRV	B	0.43%
ANF	C	0.42%
PFE	D	0.42%
CACI	D	0.4%
NSC	B	0.38%
TDC	D	0.37%
AON	A	0.35%
PYPL	B	0.34%
MSCI	C	0.33%
TMO	F	0.33%
AMGN	D	0.33%
WM	A	0.32%
MS	A	0.31%
SEIC	B	0.3%
MGM	D	0.3%
MMC	B	0.29%
CCL	B	0.26%
AMT	D	0.24%
RSG	A	0.24%
SKYW	B	0.23%
GAP	C	0.22%
IDXX	F	0.22%
LHX	C	0.21%
LYFT	C	0.21%
MEDP	D	0.21%
ADP	B	0.2%
ALRM	C	0.2%
OXY	D	0.19%
WDAY	B	0.16%
FTNT	C	0.15%
GS	A	0.15%
UBER	D	0.14%
TWLO	A	0.13%
UNM	A	0.12%
PNC	B	0.12%
NBIX	C	0.11%
CLX	B	0.11%
F	C	0.11%
BLD	D	0.11%
LNW	D	0.11%
BIIB	F	0.1%
PEGA	A	0.1%
WFC	A	0.1%
VEEV	C	0.08%
MKL	A	0.08%
FR	C	0.08%
ZBRA	B	0.06%
ORCL	B	0.05%
AXTA	A	0.05%
PEP	F	0.05%
PLTK	B	0.04%
GEHC	F	0.04%
A	D	0.03%
CRUS	D	0.03%
LPLA	A	0.03%
GPN	B	0.02%
C	A	0.02%
DOCU	A	0.02%
WBD	C	0.01%
AES	F	0.01%

FELC Underweight 160 Positions Relative to AFLG

Symbol	Grade	Weight
APP	B	-1.29%
HIG	B	-1.11%
MO	A	-0.99%
UHS	D	-0.89%
FICO	B	-0.8%
RL	B	-0.79%
AFL	B	-0.75%
EME	C	-0.68%
BSX	B	-0.68%
ELV	F	-0.67%
RS	B	-0.66%
SNA	A	-0.63%
NTAP	C	-0.63%
CEG	D	-0.62%
FFIV	B	-0.6%
APH	A	-0.58%
PEG	A	-0.57%
COR	B	-0.57%
GDDY	A	-0.55%
ETN	A	-0.55%
FOXA	B	-0.55%
PHM	D	-0.52%
FE	C	-0.52%
CMI	A	-0.51%
MAS	D	-0.5%
HPQ	B	-0.49%
MAA	B	-0.47%
BBY	D	-0.47%
NVR	D	-0.47%
TPR	B	-0.47%
CTSH	B	-0.45%
VICI	C	-0.44%
IBM	C	-0.44%
GLPI	C	-0.42%
CF	B	-0.42%
CNA	B	-0.42%
WSM	B	-0.41%
ICE	C	-0.4%
CSL	C	-0.39%
HSIC	B	-0.39%
IBKR	A	-0.39%
WAB	B	-0.38%
CBOE	B	-0.38%
AOS	F	-0.38%
HST	C	-0.37%
HLT	A	-0.36%
TRGP	B	-0.36%
PKG	A	-0.36%
FIS	C	-0.36%
RHI	B	-0.36%
OC	A	-0.36%
IP	B	-0.34%
BLDR	D	-0.33%
KO	D	-0.33%
WELL	A	-0.32%
EA	A	-0.32%
LEN	D	-0.32%
VLO	C	-0.31%
LOW	D	-0.31%
BRO	B	-0.3%
EVRG	A	-0.29%
RF	A	-0.29%
WU	D	-0.29%
SYF	B	-0.29%
AIG	B	-0.28%
VSCO	B	-0.28%
DECK	A	-0.28%
CFG	B	-0.27%
OGN	D	-0.27%
MANH	D	-0.25%
MTCH	D	-0.25%
LII	A	-0.25%
ERIE	D	-0.24%
FDX	B	-0.24%
EIX	B	-0.23%
PH	A	-0.23%
KEYS	A	-0.22%
ACN	C	-0.22%
VRSN	F	-0.21%
VTR	C	-0.21%
ALNY	D	-0.21%
WPC	D	-0.21%
EXPE	B	-0.21%
NWSA	B	-0.2%
GWW	B	-0.2%
SHW	A	-0.19%
CNC	D	-0.19%
JBL	B	-0.18%
L	A	-0.18%
HUM	C	-0.17%
BAH	F	-0.17%
BEN	C	-0.17%
AZO	C	-0.17%
ACGL	D	-0.17%
TOL	B	-0.16%
AMP	A	-0.16%
AIZ	A	-0.16%
LKQ	D	-0.16%
VRT	B	-0.16%
EG	C	-0.15%
CPT	B	-0.15%
ULTA	F	-0.14%
DELL	C	-0.14%
MPC	D	-0.13%
SO	D	-0.13%
IT	C	-0.12%
FI	A	-0.12%
RPM	A	-0.11%
RMD	C	-0.1%
GEN	B	-0.1%
EQR	B	-0.1%
VTRS	A	-0.1%
EBAY	D	-0.1%
KHC	F	-0.1%
ETSY	D	-0.09%
PSX	C	-0.09%
PRU	A	-0.09%
CRBG	B	-0.09%
BLK	C	-0.09%
LH	C	-0.09%
ALL	A	-0.08%
TPL	A	-0.08%
J	F	-0.08%
DXC	B	-0.08%
MOH	F	-0.08%
BG	F	-0.07%
LYB	F	-0.07%
IPG	D	-0.07%
ROL	B	-0.06%
SNPS	B	-0.06%
DINO	D	-0.06%
WSO	A	-0.06%
ADM	D	-0.06%
ZION	B	-0.06%
ORLY	B	-0.06%
UDR	B	-0.05%
PPL	B	-0.05%
NXPI	D	-0.05%
DPZ	C	-0.05%
ESS	B	-0.05%
AVB	B	-0.05%
MCO	B	-0.05%
EPAM	C	-0.05%
CDNS	B	-0.05%
STT	A	-0.05%
KMB	D	-0.05%
PINS	D	-0.04%
AMCR	D	-0.04%
PFG	D	-0.04%
HOLX	D	-0.04%
IVZ	B	-0.04%
MET	A	-0.04%
DKS	C	-0.04%
UTHR	C	-0.04%
MOS	F	-0.03%
CDW	F	-0.03%
WBA	F	-0.03%
BWA	D	-0.03%
EQH	B	-0.0%
TDG	D	-0.0%