FELC vs. FDLO ETF Comparison

Comparison of Fidelity Enhanced Large Cap Core ETF (FELC) to Fidelity Low Volatility Factor ETF (FDLO)

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

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$61.98

Average Daily Volume

74,193

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	FELC	FDLO
30 Days	3.27%	0.81%
60 Days	5.09%	1.49%
90 Days	6.09%	4.05%
12 Months	33.74%	21.68%

50 Overlapping Holdings

Symbol	Grade	Weight in FELC	Weight in FDLO	Overlap
AAPL	C	7.38%	7.26%	7.26%
ABBV	D	1.02%	0.98%	0.98%
ABT	B	0.56%	0.9%	0.56%
ADP	B	0.2%	0.66%	0.2%
AMGN	D	0.33%	0.71%	0.33%
AMT	D	0.24%	0.29%	0.24%
AMZN	C	3.93%	3.92%	3.92%
BDX	F	0.62%	0.6%	0.6%
BRK.A	B	2.25%	2.13%	2.13%
CL	D	0.47%	0.35%	0.35%
CMCSA	B	0.86%	0.95%	0.86%
CME	A	0.5%	0.69%	0.5%
CSCO	B	0.66%	1.77%	0.66%
CVX	A	0.01%	0.69%	0.01%
ECL	D	0.63%	0.24%	0.24%
ED	D	0.15%	0.25%	0.15%
EOG	A	0.54%	0.32%	0.32%
GOOGL	C	2.05%	4.12%	2.05%
GRMN	B	0.22%	0.51%	0.22%
HD	A	1.29%	1.19%	1.19%
JNJ	D	0.74%	1.18%	0.74%
JPM	A	1.94%	1.89%	1.89%
LHX	C	0.21%	0.49%	0.21%
LLY	F	0.76%	1.57%	0.76%
LMT	D	0.71%	0.58%	0.58%
MA	C	1.36%	1.34%	1.34%
MMC	B	0.29%	0.67%	0.29%
MRK	F	0.99%	0.88%	0.88%
MSFT	F	5.68%	6.93%	5.68%
MSI	B	0.5%	1.49%	0.5%
NOC	D	0.6%	0.5%	0.5%
ORCL	B	0.05%	2.01%	0.05%
PEP	F	0.05%	0.62%	0.05%
PG	A	0.72%	0.99%	0.72%
PGR	A	0.74%	0.84%	0.74%
PM	B	0.94%	0.62%	0.62%
PSA	D	0.09%	0.25%	0.09%
RSG	A	0.24%	0.47%	0.24%
T	A	0.73%	0.99%	0.73%
TJX	A	0.59%	0.65%	0.59%
TMO	F	0.33%	0.78%	0.33%
TMUS	B	0.31%	0.97%	0.31%
TRV	B	0.43%	0.69%	0.43%
UNH	C	0.57%	1.55%	0.57%
UNP	C	0.76%	0.63%	0.63%
V	A	0.82%	1.47%	0.82%
VZ	C	0.06%	0.93%	0.06%
WM	A	0.32%	0.55%	0.32%
WMT	A	1.14%	0.95%	0.95%
XOM	B	1.56%	1.17%	1.17%

FELC Overweight 120 Positions Relative to FDLO

Symbol	Grade	Weight
NVDA	C	7.39%
META	D	2.89%
GOOG	C	1.9%
AVGO	D	1.72%
TSLA	B	1.31%
NFLX	A	1.3%
BAC	A	1.2%
CRM	B	1.15%
ADBE	C	0.94%
QCOM	F	0.88%
NEE	D	0.84%
SCHW	B	0.8%
BMY	B	0.75%
GILD	C	0.74%
RTX	C	0.7%
CTAS	B	0.69%
AMAT	F	0.68%
MU	D	0.66%
DIS	B	0.65%
KLAC	D	0.63%
CI	F	0.63%
SPG	B	0.59%
SQ	B	0.58%
CAT	B	0.57%
CVNA	B	0.55%
NOW	A	0.55%
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%
IGT	F	0.46%
EXEL	B	0.45%
LRCX	F	0.44%
ANF	C	0.42%
PFE	D	0.42%
CACI	D	0.4%
GE	D	0.39%
SSNC	B	0.38%
NSC	B	0.38%
TDC	D	0.37%
AON	A	0.35%
CMG	B	0.35%
PYPL	B	0.34%
MSCI	C	0.33%
ALLE	D	0.33%
SPGI	C	0.31%
MS	A	0.31%
COST	B	0.31%
CAH	B	0.31%
AXP	A	0.31%
TROW	B	0.31%
PPG	F	0.3%
SEIC	B	0.3%
MGM	D	0.3%
INCY	C	0.28%
CCL	B	0.26%
CVS	D	0.25%
LDOS	C	0.24%
SKYW	B	0.23%
GAP	C	0.22%
IDXX	F	0.22%
LYFT	C	0.21%
GL	B	0.21%
MEDP	D	0.21%
ALRM	C	0.2%
NUE	C	0.2%
OXY	D	0.19%
DASH	A	0.18%
WDAY	B	0.16%
FTNT	C	0.15%
GS	A	0.15%
UBER	D	0.14%
WTW	B	0.14%
MMM	D	0.13%
BKNG	A	0.13%
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%
BK	A	0.11%
F	C	0.11%
BLD	D	0.11%
LNW	D	0.11%
BBWI	D	0.11%
BIIB	F	0.1%
PEGA	A	0.1%
WFC	A	0.1%
HWM	A	0.1%
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%
C	A	0.02%
DOCU	A	0.02%
WBD	C	0.01%
AES	F	0.01%

FELC Underweight 75 Positions Relative to FDLO

Symbol	Grade	Weight
ACN	C	-1.6%
IBM	C	-1.54%
TXN	C	-1.48%
ROP	B	-1.21%
TYL	B	-1.19%
VRSN	F	-1.08%
DOX	D	-1.08%
AKAM	D	-1.03%
MCD	D	-0.8%
EA	A	-0.72%
CB	C	-0.72%
ETN	A	-0.72%
LOW	D	-0.71%
SBUX	A	-0.7%
HON	B	-0.7%
VRTX	F	-0.69%
KO	D	-0.66%
AJG	B	-0.61%
AIZ	A	-0.61%
FDS	B	-0.59%
ITW	B	-0.56%
WRB	A	-0.56%
NKE	D	-0.56%
CBOE	B	-0.55%
FAST	B	-0.54%
LIN	D	-0.53%
ORLY	B	-0.53%
JKHY	D	-0.51%
PAYX	C	-0.51%
REGN	F	-0.5%
GD	F	-0.49%
OTIS	C	-0.47%
AZO	C	-0.47%
TSCO	D	-0.46%
ERIE	D	-0.45%
BAH	F	-0.43%
COP	C	-0.41%
J	F	-0.39%
SO	D	-0.37%
MDLZ	F	-0.37%
DUK	C	-0.35%
WMB	A	-0.34%
FCN	D	-0.34%
EQIX	A	-0.31%
XEL	A	-0.3%
SHW	A	-0.3%
KMB	D	-0.3%
KMI	A	-0.3%
HII	D	-0.29%
GIS	D	-0.28%
LNG	B	-0.28%
AEP	D	-0.28%
WEC	A	-0.27%
APD	A	-0.27%
AEE	A	-0.26%
DLR	B	-0.26%
CMS	C	-0.24%
HSY	F	-0.24%
DTM	B	-0.23%
O	D	-0.22%
CCI	D	-0.21%
VMC	B	-0.2%
CTVA	C	-0.2%
PKG	A	-0.19%
MLM	B	-0.19%
CTRA	B	-0.19%
CSGP	D	-0.18%
MAA	B	-0.18%
EQR	B	-0.18%
ADC	B	-0.16%
AMH	D	-0.16%
ELS	C	-0.16%
ATR	B	-0.16%
AMCR	D	-0.15%
AVY	D	-0.14%