FELC vs. SHUS ETF Comparison

Comparison of Fidelity Enhanced Large Cap Core ETF (FELC) to Syntax Stratified U.S. Total Market Hedged ETF (SHUS)

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

$33.52

Average Daily Volume

581,796

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

SHUS

Syntax Stratified U.S. Total Market Hedged ETF

SHUS Description

The investment seeks to obtain capital growth that meets or exceeds the performance of the S&P Composite 1500® Index over a full market cycle by investing in ETFs or underlying securities that provide Stratified WeightTM U.S. total equity market exposure to companies in the 1500 while seeking risk-managed growth via a defined risk hedging process. The fund will also invest in index options for risk management purposes and to seek to generate additional returns. Syntax?s Stratified Weight? is designed to correct for business risk concentrations that regularly occur in cap-weighted indices and equal-weighted indices.

Grade (RS Rating)

Last Trade

$44.29

Average Daily Volume

2,444

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	FELC	SHUS
30 Days	3.27%	2.26%
60 Days	5.09%	3.81%
90 Days	6.09%	5.24%
12 Months	33.74%	15.89%

136 Overlapping Holdings

Symbol	Grade	Weight in FELC	Weight in SHUS	Overlap
A	D	0.03%	0.15%	0.03%
AAPL	C	7.38%	0.49%	0.49%
ABBV	D	1.02%	0.24%	0.24%
ABT	B	0.56%	0.06%	0.06%
ADBE	C	0.94%	0.15%	0.15%
ADP	B	0.2%	0.21%	0.2%
AES	F	0.01%	0.31%	0.01%
ALLE	D	0.33%	0.07%	0.07%
AMAT	F	0.68%	0.17%	0.17%
AMGN	D	0.33%	0.23%	0.23%
AMT	D	0.24%	0.06%	0.06%
AMZN	C	3.93%	0.21%	0.21%
ANET	C	0.11%	0.21%	0.11%
AON	A	0.35%	0.04%	0.04%
AVGO	D	1.72%	0.22%	0.22%
AXP	A	0.31%	0.05%	0.05%
BAC	A	1.2%	0.12%	0.12%
BBWI	D	0.11%	0.19%	0.11%
BDX	F	0.62%	0.05%	0.05%
BIIB	F	0.1%	0.24%	0.1%
BK	A	0.11%	0.11%	0.11%
BKNG	A	0.13%	0.13%	0.13%
BMY	B	0.75%	0.25%	0.25%
BRK.A	B	2.25%	0.49%	0.49%
C	A	0.02%	0.13%	0.02%
CAH	B	0.31%	0.19%	0.19%
CAT	B	0.57%	0.14%	0.14%
CCL	B	0.26%	0.09%	0.09%
CI	F	0.63%	0.18%	0.18%
CL	D	0.47%	0.4%	0.4%
CLX	B	0.11%	0.41%	0.11%
CMCSA	B	0.86%	0.51%	0.51%
CME	A	0.5%	0.04%	0.04%
CMG	B	0.35%	0.49%	0.35%
COST	B	0.31%	0.7%	0.31%
CRM	B	1.15%	0.35%	0.35%
CSCO	B	0.66%	0.21%	0.21%
CSX	B	0.54%	0.08%	0.08%
CTAS	B	0.69%	0.17%	0.17%
CVS	D	0.25%	0.68%	0.25%
CVX	A	0.01%	0.75%	0.01%
DHI	D	0.06%	0.23%	0.06%
DIS	B	0.65%	0.2%	0.2%
DVN	F	0.53%	0.16%	0.16%
ECL	D	0.63%	0.05%	0.05%
ED	D	0.15%	0.24%	0.15%
EOG	A	0.54%	0.07%	0.07%
F	C	0.11%	0.24%	0.11%
FTNT	C	0.15%	0.17%	0.15%
GE	D	0.39%	0.17%	0.17%
GEHC	F	0.04%	0.1%	0.04%
GILD	C	0.74%	0.24%	0.24%
GL	B	0.21%	0.19%	0.19%
GOOG	C	1.9%	0.22%	0.22%
GOOGL	C	2.05%	0.22%	0.22%
GPN	B	0.02%	0.04%	0.02%
GRMN	B	0.22%	0.32%	0.22%
GS	A	0.15%	0.25%	0.15%
HD	A	1.29%	0.25%	0.25%
HWM	A	0.1%	0.07%	0.07%
IDXX	F	0.22%	0.09%	0.09%
INCY	C	0.28%	0.25%	0.25%
JNJ	D	0.74%	0.23%	0.23%
JPM	A	1.94%	0.12%	0.12%
KLAC	D	0.63%	0.17%	0.17%
KR	B	0.03%	0.73%	0.03%
LDOS	C	0.24%	0.13%	0.13%
LHX	C	0.21%	0.08%	0.08%
LLY	F	0.76%	0.23%	0.23%
LMT	D	0.71%	0.08%	0.08%
MA	C	1.36%	0.05%	0.05%
MCK	B	0.06%	0.18%	0.06%
META	D	2.89%	0.46%	0.46%
MGM	D	0.3%	0.07%	0.07%
MMC	B	0.29%	0.03%	0.03%
MMM	D	0.13%	0.17%	0.13%
MRK	F	0.99%	0.24%	0.24%
MS	A	0.31%	0.26%	0.26%
MSCI	C	0.33%	0.04%	0.04%
MSFT	F	5.68%	0.32%	0.32%
MSI	B	0.5%	0.49%	0.49%
MU	D	0.66%	0.15%	0.15%
NEE	D	0.84%	0.24%	0.24%
NFLX	A	1.3%	0.22%	0.22%
NOC	D	0.6%	0.08%	0.08%
NOW	A	0.55%	0.22%	0.22%
NRG	B	0.11%	0.32%	0.11%
NSC	B	0.38%	0.08%	0.08%
NUE	C	0.2%	0.25%	0.2%
NVDA	C	7.39%	0.13%	0.13%
ORCL	B	0.05%	0.34%	0.05%
OXY	D	0.19%	0.07%	0.07%
PCAR	B	0.52%	0.12%	0.12%
PEP	F	0.05%	0.17%	0.05%
PFE	D	0.42%	0.24%	0.24%
PG	A	0.72%	0.41%	0.41%
PGR	A	0.74%	0.19%	0.19%
PM	B	0.94%	0.35%	0.35%
PNC	B	0.12%	0.06%	0.06%
PPG	F	0.3%	0.07%	0.07%
PSA	D	0.09%	0.1%	0.09%
PYPL	B	0.34%	0.06%	0.06%
QCOM	F	0.88%	0.22%	0.22%
QRVO	F	0.12%	0.21%	0.12%
ROST	C	0.04%	0.71%	0.04%
RSG	A	0.24%	0.18%	0.18%
RTX	C	0.7%	0.08%	0.08%
SCHW	B	0.8%	0.25%	0.25%
SOLV	C	0.09%	0.05%	0.05%
SPG	B	0.59%	0.06%	0.06%
SPGI	C	0.31%	0.04%	0.04%
STLD	B	0.06%	0.27%	0.06%
SWKS	F	0.03%	0.21%	0.03%
SYK	C	0.03%	0.12%	0.03%
T	A	0.73%	0.33%	0.33%
TJX	A	0.59%	0.71%	0.59%
TMO	F	0.33%	0.14%	0.14%
TMUS	B	0.31%	0.33%	0.31%
TROW	B	0.31%	0.08%	0.08%
TRV	B	0.43%	0.14%	0.14%
TSLA	B	1.31%	0.27%	0.27%
TT	A	0.52%	0.08%	0.08%
TXT	D	0.52%	0.16%	0.16%
UBER	D	0.14%	0.11%	0.11%
UNH	C	0.57%	0.25%	0.25%
UNP	C	0.76%	0.08%	0.08%
V	A	0.82%	0.04%	0.04%
VST	B	0.12%	0.4%	0.12%
VZ	C	0.06%	0.32%	0.06%
WBD	C	0.01%	0.19%	0.01%
WFC	A	0.1%	0.13%	0.1%
WM	A	0.32%	0.18%	0.18%
WMT	A	1.14%	0.72%	0.72%
WTW	B	0.14%	0.04%	0.04%
XOM	B	1.56%	0.75%	0.75%
ZBRA	B	0.06%	0.13%	0.06%

FELC Overweight 34 Positions Relative to SHUS

Symbol	Grade	Weight
SQ	B	0.58%
CVNA	B	0.55%
DBX	B	0.52%
ZM	B	0.51%
IGT	F	0.46%
EXEL	B	0.45%
LRCX	F	0.44%
ANF	C	0.42%
CACI	D	0.4%
SSNC	B	0.38%
TDC	D	0.37%
SEIC	B	0.3%
SKYW	B	0.23%
GAP	C	0.22%
LYFT	C	0.21%
MEDP	D	0.21%
ALRM	C	0.2%
DASH	A	0.18%
WDAY	B	0.16%
TWLO	A	0.13%
UNM	A	0.12%
NBIX	C	0.11%
BLD	D	0.11%
LNW	D	0.11%
PEGA	A	0.1%
VEEV	C	0.08%
MKL	A	0.08%
FR	C	0.08%
AXTA	A	0.05%
SCCO	F	0.05%
PLTK	B	0.04%
CRUS	D	0.03%
LPLA	A	0.03%
DOCU	A	0.02%

FELC Underweight 364 Positions Relative to SHUS

Symbol	Grade	Weight
SYY	B	-0.73%
COF	B	-0.69%
SYF	B	-0.68%
DFS	B	-0.68%
WBA	F	-0.63%
DPZ	C	-0.52%
PSX	C	-0.5%
DRI	B	-0.5%
YUM	B	-0.5%
L	A	-0.49%
EL	F	-0.49%
VLO	C	-0.49%
MCD	D	-0.49%
SBUX	A	-0.48%
EA	A	-0.48%
MPC	D	-0.48%
TTWO	A	-0.48%
MTCH	D	-0.46%
CHTR	C	-0.46%
KVUE	A	-0.41%
KMB	D	-0.41%
BWA	D	-0.41%
CHD	B	-0.41%
PWR	A	-0.4%
APTV	D	-0.39%
J	F	-0.39%
CEG	D	-0.38%
JBL	B	-0.37%
HRL	D	-0.36%
ADM	D	-0.36%
BG	F	-0.36%
BKR	B	-0.35%
MO	A	-0.35%
TSN	B	-0.35%
SLB	C	-0.34%
SNPS	B	-0.34%
HPQ	B	-0.34%
NKE	D	-0.33%
IPG	D	-0.33%
OMC	C	-0.33%
HCA	F	-0.33%
CDNS	B	-0.33%
IBM	C	-0.33%
HAL	C	-0.33%
AWK	D	-0.32%
RL	B	-0.32%
UHS	D	-0.32%
ATO	A	-0.32%
NI	A	-0.32%
TPR	B	-0.32%
NVR	D	-0.3%
LULU	C	-0.3%
FCX	D	-0.29%
EXC	C	-0.29%
DECK	A	-0.29%
UAL	A	-0.28%
VRSN	F	-0.27%
DAL	C	-0.27%
HUM	C	-0.26%
HUBB	B	-0.26%
ETN	A	-0.26%
EQIX	A	-0.26%
SWK	D	-0.26%
DLR	B	-0.26%
GDDY	A	-0.26%
AKAM	D	-0.26%
ZTS	D	-0.25%
STZ	D	-0.25%
PHM	D	-0.25%
MOH	F	-0.25%
LUV	C	-0.25%
KMI	A	-0.25%
MNST	C	-0.25%
ETR	B	-0.25%
TAP	C	-0.25%
SNA	A	-0.25%
CNP	B	-0.25%
RJF	A	-0.25%
LOW	D	-0.25%
ENPH	F	-0.25%
HAS	D	-0.25%
PEG	A	-0.25%
CNC	D	-0.25%
AEP	D	-0.24%
D	C	-0.24%
TRGP	B	-0.24%
OKE	A	-0.24%
FE	C	-0.24%
VTRS	A	-0.24%
KDP	D	-0.24%
WMB	A	-0.24%
NEM	D	-0.24%
GM	B	-0.24%
LEN	D	-0.24%
ELV	F	-0.24%
KO	D	-0.24%
DTE	C	-0.24%
CTLT	B	-0.24%
EIX	B	-0.24%
REGN	F	-0.23%
NXPI	D	-0.23%
VRTX	F	-0.23%
MRNA	F	-0.23%
LW	C	-0.22%
EBAY	D	-0.22%
DAY	B	-0.22%
PLTR	B	-0.22%
ADI	D	-0.22%
CPRT	A	-0.22%
TXN	C	-0.22%
ON	D	-0.22%
KHC	F	-0.21%
AOS	F	-0.21%
MKC	D	-0.21%
SJM	D	-0.21%
MET	A	-0.21%
GIS	D	-0.21%
CAG	D	-0.21%
PAYX	C	-0.21%
PAYC	B	-0.21%
TYL	B	-0.21%
MPWR	F	-0.21%
IR	B	-0.2%
IEX	B	-0.2%
AFL	B	-0.2%
PARA	C	-0.2%
FFIV	B	-0.2%
CPB	D	-0.2%
ERIE	D	-0.2%
AIZ	A	-0.2%
INTU	C	-0.2%
HSIC	B	-0.2%
FSLR	F	-0.2%
PRU	A	-0.2%
KEYS	A	-0.2%
PFG	D	-0.2%
TEL	B	-0.19%
XYL	D	-0.19%
MAS	D	-0.19%
HPE	B	-0.19%
GLW	B	-0.19%
PNR	A	-0.19%
ALL	A	-0.19%
BLDR	D	-0.19%
AIG	B	-0.19%
JNPR	F	-0.19%
CRWD	B	-0.18%
EQT	B	-0.18%
GEV	B	-0.18%
MDLZ	F	-0.18%
ROL	B	-0.18%
COR	B	-0.18%
K	A	-0.18%
MHK	D	-0.18%
APH	A	-0.18%
TGT	F	-0.17%
ANSS	B	-0.17%
DG	F	-0.17%
MLM	B	-0.17%
NTAP	C	-0.17%
DOV	A	-0.17%
GEN	B	-0.17%
ITW	B	-0.17%
WY	D	-0.17%
BBY	D	-0.17%
CTRA	B	-0.17%
DLTR	F	-0.17%
PTC	A	-0.17%
DELL	C	-0.17%
VMC	B	-0.17%
STX	D	-0.17%
WDC	D	-0.17%
HSY	F	-0.17%
ULTA	F	-0.17%
PANW	C	-0.16%
INTC	D	-0.16%
GD	F	-0.16%
BA	F	-0.16%
DGX	A	-0.16%
LH	C	-0.16%
HON	B	-0.16%
ADSK	A	-0.16%
TER	D	-0.16%
TECH	D	-0.15%
AZO	C	-0.15%
GPC	D	-0.15%
WAT	B	-0.15%
SMCI	F	-0.15%
MTD	D	-0.14%
CRL	C	-0.14%
CINF	A	-0.14%
URI	B	-0.14%
CB	C	-0.14%
HIG	B	-0.14%
AMD	F	-0.14%
ACGL	D	-0.14%
EG	C	-0.14%
ORLY	B	-0.14%
KMX	B	-0.14%
LKQ	D	-0.14%
IT	C	-0.13%
EPAM	C	-0.13%
POOL	C	-0.13%
GWW	B	-0.13%
CTSH	B	-0.13%
DE	A	-0.13%
WAB	B	-0.13%
ACN	C	-0.13%
MCHP	D	-0.13%
WRB	A	-0.13%
IQV	D	-0.13%
HLT	A	-0.12%
ABNB	C	-0.12%
MAR	B	-0.12%
EXPE	B	-0.12%
STE	F	-0.12%
ISRG	A	-0.12%
CDW	F	-0.12%
BALL	D	-0.12%
ZBH	C	-0.12%
FAST	B	-0.12%
TSCO	D	-0.12%
AMCR	D	-0.12%
AME	A	-0.12%
VTR	C	-0.11%
DVA	B	-0.11%
WELL	A	-0.11%
EXR	D	-0.11%
DOC	D	-0.11%
BR	A	-0.11%
BXP	D	-0.11%
HST	C	-0.11%
STT	A	-0.11%
HOLX	D	-0.1%
PODD	C	-0.1%
NWSA	B	-0.1%
DHR	F	-0.1%
NWS	B	-0.1%
RVTY	F	-0.1%
ESS	B	-0.1%
INVH	D	-0.1%
EQR	B	-0.1%
FOX	A	-0.1%
UDR	B	-0.1%
ALGN	D	-0.1%
MAA	B	-0.1%
FOXA	B	-0.1%
AVB	B	-0.1%
ARE	D	-0.1%
CPT	B	-0.1%
AXON	A	-0.09%
EXPD	D	-0.09%
KKR	A	-0.09%
AMP	A	-0.09%
CHRW	C	-0.09%
NCLH	B	-0.09%
CF	B	-0.09%
BLK	C	-0.09%
IVZ	B	-0.09%
LYV	A	-0.09%
RMD	C	-0.09%
DXCM	D	-0.09%
SO	D	-0.08%
PPL	B	-0.08%
EVRG	A	-0.08%
CARR	D	-0.08%
LNT	A	-0.08%
AEE	A	-0.08%
JCI	C	-0.08%
PH	A	-0.08%
GNRC	B	-0.08%
WYNN	D	-0.08%
OTIS	C	-0.08%
CMI	A	-0.08%
HII	D	-0.08%
BX	A	-0.08%
ODFL	B	-0.08%
NTRS	A	-0.08%
LVS	C	-0.08%
MOS	F	-0.08%
JBHT	C	-0.08%
CTVA	C	-0.08%
FMC	D	-0.08%
BEN	C	-0.08%
RCL	A	-0.08%
UPS	C	-0.08%
LYB	F	-0.07%
SW	A	-0.07%
FANG	D	-0.07%
CZR	F	-0.07%
COP	C	-0.07%
MRO	B	-0.07%
APA	D	-0.07%
DOW	F	-0.07%
HES	B	-0.07%
PNW	B	-0.07%
CE	F	-0.07%
DUK	C	-0.07%
WEC	A	-0.07%
ES	D	-0.07%
FDX	B	-0.07%
PCG	A	-0.07%
SRE	A	-0.07%
XEL	A	-0.07%
CMS	C	-0.07%
FI	A	-0.06%
KEY	B	-0.06%
RF	A	-0.06%
MTB	A	-0.06%
EW	C	-0.06%
MDT	D	-0.06%
BSX	B	-0.06%
IP	B	-0.06%
KIM	A	-0.06%
REG	B	-0.06%
AVY	D	-0.06%
FRT	B	-0.06%
PLD	D	-0.06%
SBAC	D	-0.06%
VICI	C	-0.06%
CCI	D	-0.06%
PKG	A	-0.06%
O	D	-0.06%
IRM	D	-0.06%
TDG	D	-0.06%
SHW	A	-0.06%
APD	A	-0.05%
IFF	D	-0.05%
BAX	D	-0.05%
WST	C	-0.05%
TFX	F	-0.05%
EMN	D	-0.05%
ALB	C	-0.05%
DD	D	-0.05%
FIS	C	-0.05%
JKHY	D	-0.05%
HBAN	A	-0.05%
TFC	A	-0.05%
USB	A	-0.05%
CFG	B	-0.05%
FITB	A	-0.05%
EFX	F	-0.04%
MCO	B	-0.04%
CBRE	B	-0.04%
CSGP	D	-0.04%
CBOE	B	-0.04%
VRSK	A	-0.04%
ICE	C	-0.04%
FDS	B	-0.04%
NDAQ	A	-0.04%
CPAY	A	-0.04%
MKTX	D	-0.04%
LIN	D	-0.04%
ROK	B	-0.03%
FICO	B	-0.03%
VLTO	D	-0.03%
EMR	A	-0.03%
NDSN	B	-0.03%
FTV	C	-0.03%
TRMB	B	-0.03%
TDY	B	-0.03%
ROP	B	-0.03%
AJG	B	-0.03%
BRO	B	-0.03%