FELC vs. JPST ETF Comparison

Comparison of Fidelity Enhanced Large Cap Core ETF (FELC) to JPMorgan Ultra-Short Income ETF (JPST)

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

$33.28

Average Daily Volume

587,086

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

JPST

JPMorgan Ultra-Short Income ETF

JPST Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$50.50

Average Daily Volume

5,203,416

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	FELC	JPST
30 Days	1.74%	0.25%
60 Days	4.85%	0.46%
90 Days	5.62%	1.07%
12 Months	33.14%	5.96%

29 Overlapping Holdings

Symbol	Grade	Weight in FELC	Weight in JPST	Overlap
AAPL	C	7.38%	0.12%	0.12%
ABBV	F	1.02%	0.04%	0.04%
ABT	B	0.56%	0.01%	0.01%
AXP	A	0.31%	0.01%	0.01%
BAC	A	1.2%	0.01%	0.01%
BK	A	0.11%	0.01%	0.01%
BMY	B	0.75%	0.01%	0.01%
C	A	0.02%	0.01%	0.01%
CAT	B	0.57%	0.01%	0.01%
CI	D	0.63%	0.08%	0.08%
DIS	B	0.65%	0.02%	0.02%
GILD	C	0.74%	0.13%	0.13%
GS	A	0.15%	0.01%	0.01%
KR	B	0.03%	0.07%	0.03%
LDOS	C	0.24%	0.26%	0.24%
MMM	D	0.13%	0.01%	0.01%
MS	A	0.31%	0.05%	0.05%
NEE	C	0.84%	0.03%	0.03%
ORCL	A	0.05%	0.04%	0.04%
PFE	F	0.42%	0.01%	0.01%
PM	B	0.94%	0.01%	0.01%
PNC	B	0.12%	0.01%	0.01%
SCHW	B	0.8%	0.01%	0.01%
T	A	0.73%	0.14%	0.14%
TMO	F	0.33%	0.74%	0.33%
UNH	B	0.57%	0.01%	0.01%
VZ	C	0.06%	0.16%	0.06%
WFC	A	0.1%	0.11%	0.1%
XOM	B	1.56%	0.06%	0.06%

FELC Overweight 141 Positions Relative to JPST

Symbol	Grade	Weight
NVDA	B	7.39%
MSFT	D	5.68%
AMZN	C	3.93%
META	D	2.89%
BRK.A	B	2.25%
GOOGL	C	2.05%
JPM	A	1.94%
GOOG	C	1.9%
AVGO	D	1.72%
MA	B	1.36%
TSLA	B	1.31%
NFLX	A	1.3%
HD	B	1.29%
CRM	B	1.15%
WMT	A	1.14%
MRK	D	0.99%
ADBE	C	0.94%
QCOM	F	0.88%
CMCSA	B	0.86%
V	A	0.82%
UNP	C	0.76%
LLY	F	0.76%
JNJ	C	0.74%
PGR	A	0.74%
PG	C	0.72%
LMT	D	0.71%
RTX	D	0.7%
CTAS	B	0.69%
AMAT	F	0.68%
MU	D	0.66%
CSCO	B	0.66%
ECL	D	0.63%
KLAC	F	0.63%
BDX	F	0.62%
NOC	D	0.6%
TJX	A	0.59%
SPG	A	0.59%
SQ	A	0.58%
CVNA	B	0.55%
NOW	A	0.55%
EOG	A	0.54%
CSX	C	0.54%
DVN	F	0.53%
PCAR	B	0.52%
TXT	D	0.52%
DBX	B	0.52%
TT	A	0.52%
ZM	C	0.51%
MSI	B	0.5%
CME	B	0.5%
CL	D	0.47%
IGT	F	0.46%
EXEL	B	0.45%
LRCX	F	0.44%
TRV	B	0.43%
ANF	F	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	C	0.33%
AMGN	F	0.33%
WM	B	0.32%
SPGI	C	0.31%
TMUS	B	0.31%
COST	A	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	A	0.26%
CVS	D	0.25%
AMT	C	0.24%
RSG	A	0.24%
SKYW	C	0.23%
GAP	C	0.22%
GRMN	B	0.22%
IDXX	F	0.22%
LHX	C	0.21%
LYFT	C	0.21%
GL	C	0.21%
MEDP	D	0.21%
ADP	A	0.2%
ALRM	C	0.2%
NUE	C	0.2%
OXY	D	0.19%
DASH	B	0.18%
WDAY	B	0.16%
FTNT	C	0.15%
ED	C	0.15%
UBER	F	0.14%
WTW	B	0.14%
BKNG	A	0.13%
TWLO	A	0.13%
UNM	A	0.12%
VST	A	0.12%
QRVO	F	0.12%
NBIX	C	0.11%
NRG	B	0.11%
CLX	A	0.11%
ANET	C	0.11%
F	C	0.11%
BLD	D	0.11%
LNW	F	0.11%
BBWI	C	0.11%
BIIB	F	0.1%
PEGA	B	0.1%
HWM	A	0.1%
PSA	C	0.09%
SOLV	D	0.09%
VEEV	C	0.08%
MKL	A	0.08%
FR	D	0.08%
ZBRA	B	0.06%
MCK	A	0.06%
DHI	F	0.06%
STLD	B	0.06%
AXTA	B	0.05%
SCCO	F	0.05%
PEP	F	0.05%
PLTK	B	0.04%
ROST	D	0.04%
GEHC	D	0.04%
SYK	B	0.03%
SWKS	F	0.03%
A	D	0.03%
CRUS	D	0.03%
LPLA	A	0.03%
GPN	B	0.02%
DOCU	B	0.02%
WBD	B	0.01%
AES	F	0.01%
CVX	A	0.01%

FELC Underweight 82 Positions Relative to JPST

Symbol	Grade	Weight
CASH	B	-2.2%
AZN	F	-0.57%
EQH	C	-0.35%
KDP	F	-0.31%
CCEP	C	-0.3%
ATO	A	-0.3%
MCD	D	-0.29%
BXMT	C	-0.25%
SNX	D	-0.23%
TDY	B	-0.22%
HART	D	-0.19%
BA	F	-0.18%
D	C	-0.17%
OGS	A	-0.17%
ETR	B	-0.16%
CNP	A	-0.14%
DB	D	-0.13%
CAG	F	-0.13%
SO	C	-0.11%
VTRS	A	-0.1%
GM	C	-0.1%
FITB	B	-0.1%
HUM	C	-0.09%
WEC	A	-0.09%
MLM	C	-0.09%
JBHT	C	-0.09%
IFF	D	-0.08%
STT	B	-0.08%
DT	D	-0.08%
NEM	D	-0.08%
DUK	C	-0.08%
CFG	B	-0.07%
BX	A	-0.07%
HSBC	A	-0.07%
SBUX	A	-0.06%
BG	D	-0.06%
ACR	A	-0.06%
SEB	F	-0.06%
AEP	C	-0.05%
AL	B	-0.05%
BHF	C	-0.04%
KKR	A	-0.04%
MDLZ	F	-0.04%
COF	C	-0.04%
PL	B	-0.04%
ARES	A	-0.03%
CHD	A	-0.03%
R	B	-0.03%
ROP	B	-0.03%
BCC	B	-0.03%
BMO	A	-0.03%
HON	C	-0.02%
WLK	D	-0.02%
MSC	D	-0.02%
ETN	A	-0.02%
AZO	C	-0.02%
GSK	F	-0.02%
AER	A	-0.02%
BNS	A	-0.02%
EPD	A	-0.01%
IBM	C	-0.01%
ICE	C	-0.01%
MCO	B	-0.01%
DHR	F	-0.01%
CSL	C	-0.01%
PSX	C	-0.01%
HBAN	A	-0.01%
ES	C	-0.01%
JXN	C	-0.01%
MET	A	-0.01%
UBS	B	-0.01%
RY	A	-0.01%
TFC	A	-0.01%
DE	B	-0.01%
KEY	B	-0.01%
MUFG	B	-0.01%
NWG	A	-0.01%
TD	D	-0.01%
PFG	D	-0.01%
CM	A	-0.01%
USB	A	-0.01%
AIG	B	-0.01%