FELC vs. QQQM ETF Comparison

Comparison of Fidelity Enhanced Large Cap Core ETF (FELC) to Invesco NASDAQ 100 ETF (QQQM)

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

QQQM

Invesco NASDAQ 100 ETF

QQQM Description

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ-100 Index® (the 'underlying index'). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. compiles, maintains and calculates the underlying index, which includes securities of 100 of the largest domestic and international nonfinancial companies listed on The Nasdaq Stock Market LLC based on market capitalization. It is non-diversified.

Grade (RS Rating)

Last Trade

$208.18

Average Daily Volume

1,779,465

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FELC	QQQM
30 Days	3.27%	3.56%
60 Days	5.09%	4.72%
90 Days	6.09%	5.55%
12 Months	33.74%	30.67%

37 Overlapping Holdings

Symbol	Grade	Weight in FELC	Weight in QQQM	Overlap
AAPL	C	7.38%	8.57%	7.38%
ADBE	C	0.94%	1.41%	0.94%
ADP	B	0.2%	0.77%	0.2%
AMAT	F	0.68%	0.89%	0.68%
AMGN	D	0.33%	0.98%	0.33%
AMZN	C	3.93%	5.24%	3.93%
AVGO	D	1.72%	4.81%	1.72%
BIIB	F	0.1%	0.14%	0.1%
BKNG	A	0.13%	1.07%	0.13%
CMCSA	B	0.86%	1.06%	0.86%
COST	B	0.31%	2.62%	0.31%
CSCO	B	0.66%	1.47%	0.66%
CSX	B	0.54%	0.43%	0.43%
CTAS	B	0.69%	0.56%	0.56%
DASH	A	0.18%	0.42%	0.18%
FTNT	C	0.15%	0.45%	0.15%
GEHC	F	0.04%	0.25%	0.04%
GILD	C	0.74%	0.7%	0.7%
GOOG	C	1.9%	2.44%	1.9%
GOOGL	C	2.05%	2.54%	2.05%
IDXX	F	0.22%	0.22%	0.22%
KLAC	D	0.63%	0.53%	0.53%
LRCX	F	0.44%	0.58%	0.44%
META	D	2.89%	4.84%	2.89%
MSFT	F	5.68%	7.6%	5.68%
MU	D	0.66%	0.69%	0.66%
NFLX	A	1.3%	2.41%	1.3%
NVDA	C	7.39%	8.81%	7.39%
PCAR	B	0.52%	0.37%	0.37%
PEP	F	0.05%	1.39%	0.05%
PYPL	B	0.34%	0.55%	0.34%
QCOM	F	0.88%	1.09%	0.88%
ROST	C	0.04%	0.3%	0.04%
TMUS	B	0.31%	1.75%	0.31%
TSLA	B	1.31%	4.07%	1.31%
WBD	C	0.01%	0.16%	0.01%
WDAY	B	0.16%	0.35%	0.16%

FELC Overweight 133 Positions Relative to QQQM

Symbol	Grade	Weight
BRK.A	B	2.25%
JPM	A	1.94%
XOM	B	1.56%
MA	C	1.36%
HD	A	1.29%
BAC	A	1.2%
CRM	B	1.15%
WMT	A	1.14%
ABBV	D	1.02%
MRK	F	0.99%
PM	B	0.94%
NEE	D	0.84%
V	A	0.82%
SCHW	B	0.8%
UNP	C	0.76%
LLY	F	0.76%
BMY	B	0.75%
JNJ	D	0.74%
PGR	A	0.74%
T	A	0.73%
PG	A	0.72%
LMT	D	0.71%
RTX	C	0.7%
DIS	B	0.65%
ECL	D	0.63%
CI	F	0.63%
BDX	F	0.62%
NOC	D	0.6%
TJX	A	0.59%
SPG	B	0.59%
SQ	B	0.58%
UNH	C	0.57%
CAT	B	0.57%
ABT	B	0.56%
CVNA	B	0.55%
NOW	A	0.55%
EOG	A	0.54%
DVN	F	0.53%
TXT	D	0.52%
DBX	B	0.52%
TT	A	0.52%
ZM	B	0.51%
MSI	B	0.5%
CME	A	0.5%
CL	D	0.47%
IGT	F	0.46%
EXEL	B	0.45%
TRV	B	0.43%
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%
MSCI	C	0.33%
TMO	F	0.33%
ALLE	D	0.33%
WM	A	0.32%
SPGI	C	0.31%
MS	A	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%
MMC	B	0.29%
INCY	C	0.28%
CCL	B	0.26%
CVS	D	0.25%
LDOS	C	0.24%
AMT	D	0.24%
RSG	A	0.24%
SKYW	B	0.23%
GAP	C	0.22%
GRMN	B	0.22%
LHX	C	0.21%
LYFT	C	0.21%
GL	B	0.21%
MEDP	D	0.21%
ALRM	C	0.2%
NUE	C	0.2%
OXY	D	0.19%
GS	A	0.15%
ED	D	0.15%
UBER	D	0.14%
WTW	B	0.14%
MMM	D	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%
PEGA	A	0.1%
WFC	A	0.1%
HWM	A	0.1%
PSA	D	0.09%
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%
VZ	C	0.06%
ORCL	B	0.05%
AXTA	A	0.05%
SCCO	F	0.05%
PLTK	B	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%
AES	F	0.01%
CVX	A	0.01%

FELC Underweight 64 Positions Relative to QQQM

Symbol	Grade	Weight
AMD	F	-1.42%
LIN	D	-1.37%
ISRG	A	-1.22%
INTU	C	-1.16%
TXN	C	-1.15%
HON	B	-0.94%
PANW	C	-0.81%
VRTX	F	-0.74%
SBUX	A	-0.71%
ADI	D	-0.67%
INTC	D	-0.65%
MELI	D	-0.62%
APP	B	-0.61%
MDLZ	F	-0.55%
SNPS	B	-0.53%
CDNS	B	-0.53%
CRWD	B	-0.52%
REGN	F	-0.51%
MAR	B	-0.5%
PDD	F	-0.49%
MRVL	B	-0.49%
CEG	D	-0.47%
ORLY	B	-0.44%
ADSK	A	-0.42%
ASML	F	-0.39%
ABNB	C	-0.38%
ROP	B	-0.37%
NXPI	D	-0.36%
TTD	B	-0.35%
CHTR	C	-0.35%
CPRT	A	-0.34%
FANG	D	-0.34%
AEP	D	-0.33%
MNST	C	-0.33%
PAYX	C	-0.32%
FAST	B	-0.3%
ODFL	B	-0.29%
KDP	D	-0.28%
BKR	B	-0.28%
EA	A	-0.28%
DDOG	A	-0.27%
VRSK	A	-0.26%
EXC	C	-0.25%
XEL	A	-0.25%
TEAM	A	-0.25%
KHC	F	-0.24%
CTSH	B	-0.24%
LULU	C	-0.23%
AZN	D	-0.23%
CCEP	C	-0.22%
MCHP	D	-0.22%
TTWO	A	-0.21%
CSGP	D	-0.2%
ANSS	B	-0.19%
DXCM	D	-0.19%
ZS	C	-0.19%
ON	D	-0.18%
GFS	C	-0.15%
CDW	F	-0.15%
MDB	C	-0.13%
ILMN	D	-0.13%
ARM	D	-0.11%
SMCI	F	-0.1%
MRNA	F	-0.09%