FELC vs. SSPY ETF Comparison

Comparison of Fidelity Enhanced Large Cap Core ETF (FELC) to Syntax Stratified LargeCap ETF (SSPY)

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

SSPY

Syntax Stratified LargeCap ETF

SSPY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the "index"). Under normal market conditions, the fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the index. The index, which was created by Syntax, LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$82.04

Average Daily Volume

2,303

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	FELC	SSPY
30 Days	3.27%	4.23%
60 Days	5.09%	1.79%
90 Days	6.09%	3.72%
12 Months	33.74%	23.81%

136 Overlapping Holdings

Symbol	Grade	Weight in FELC	Weight in SSPY	Overlap
A	D	0.03%	0.15%	0.03%
AAPL	C	7.38%	0.5%	0.5%
ABBV	D	1.02%	0.24%	0.24%
ABT	B	0.56%	0.06%	0.06%
ADBE	C	0.94%	0.16%	0.16%
ADP	B	0.2%	0.21%	0.2%
AES	F	0.01%	0.32%	0.01%
ALLE	D	0.33%	0.08%	0.08%
AMAT	F	0.68%	0.18%	0.18%
AMGN	D	0.33%	0.24%	0.24%
AMT	D	0.24%	0.06%	0.06%
AMZN	C	3.93%	0.22%	0.22%
ANET	C	0.11%	0.21%	0.11%
AON	A	0.35%	0.04%	0.04%
AVGO	D	1.72%	0.23%	0.23%
AXP	A	0.31%	0.04%	0.04%
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%	0.11%	0.11%
BMY	B	0.75%	0.25%	0.25%
BRK.A	B	2.25%	0.5%	0.5%
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%	0.19%	0.19%
CL	D	0.47%	0.41%	0.41%
CLX	B	0.11%	0.41%	0.11%
CMCSA	B	0.86%	0.52%	0.52%
CME	A	0.5%	0.04%	0.04%
CMG	B	0.35%	0.5%	0.35%
COST	B	0.31%	0.71%	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%	0.18%	0.18%
CVS	D	0.25%	0.69%	0.25%
CVX	A	0.01%	0.76%	0.01%
DHI	D	0.06%	0.24%	0.06%
DIS	B	0.65%	0.21%	0.21%
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%	0.25%	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%	0.25%	0.25%
GL	B	0.21%	0.2%	0.2%
GOOG	C	1.9%	0.23%	0.23%
GOOGL	C	2.05%	0.23%	0.23%
GPN	B	0.02%	0.04%	0.02%
GRMN	B	0.22%	0.33%	0.22%
GS	A	0.15%	0.25%	0.15%
HD	A	1.29%	0.26%	0.26%
HWM	A	0.1%	0.08%	0.08%
IDXX	F	0.22%	0.1%	0.1%
INCY	C	0.28%	0.25%	0.25%
JNJ	D	0.74%	0.24%	0.24%
JPM	A	1.94%	0.13%	0.13%
KLAC	D	0.63%	0.17%	0.17%
KR	B	0.03%	0.74%	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%	0.09%	0.09%
MA	C	1.36%	0.04%	0.04%
MCK	B	0.06%	0.18%	0.06%
META	D	2.89%	0.47%	0.47%
MGM	D	0.3%	0.07%	0.07%
MMC	B	0.29%	0.04%	0.04%
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%	0.09%	0.09%
NOW	A	0.55%	0.22%	0.22%
NRG	B	0.11%	0.33%	0.11%
NSC	B	0.38%	0.08%	0.08%
NUE	C	0.2%	0.26%	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%	0.13%	0.13%
PEP	F	0.05%	0.18%	0.05%
PFE	D	0.42%	0.24%	0.24%
PG	A	0.72%	0.42%	0.42%
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%	0.11%	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%	0.72%	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%	0.07%	0.07%
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%	0.72%	0.59%
TMO	F	0.33%	0.14%	0.14%
TMUS	B	0.31%	0.33%	0.31%
TROW	B	0.31%	0.09%	0.09%
TRV	B	0.43%	0.14%	0.14%
TSLA	B	1.31%	0.28%	0.28%
TT	A	0.52%	0.07%	0.07%
TXT	D	0.52%	0.16%	0.16%
UBER	D	0.14%	0.11%	0.11%
UNH	C	0.57%	0.26%	0.26%
UNP	C	0.76%	0.08%	0.08%
V	A	0.82%	0.04%	0.04%
VST	B	0.12%	0.41%	0.12%
VZ	C	0.06%	0.33%	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%	0.73%	0.73%
WTW	B	0.14%	0.03%	0.03%
XOM	B	1.56%	0.77%	0.77%
ZBRA	B	0.06%	0.13%	0.06%

FELC Overweight 34 Positions Relative to SSPY

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 SSPY

Symbol	Grade	Weight
SYY	B	-0.75%
COF	B	-0.7%
SYF	B	-0.69%
DFS	B	-0.69%
WBA	F	-0.64%
DPZ	C	-0.52%
PSX	C	-0.51%
DRI	B	-0.51%
YUM	B	-0.51%
VLO	C	-0.5%
EL	F	-0.5%
MCD	D	-0.5%
EA	A	-0.49%
MPC	D	-0.49%
TTWO	A	-0.49%
L	A	-0.49%
SBUX	A	-0.48%
CHTR	C	-0.47%
MTCH	D	-0.47%
KMB	D	-0.42%
KVUE	A	-0.42%
BWA	D	-0.42%
CHD	B	-0.42%
APTV	D	-0.4%
J	F	-0.4%
PWR	A	-0.4%
JBL	B	-0.38%
CEG	D	-0.38%
ADM	D	-0.37%
BG	F	-0.37%
TSN	B	-0.36%
HRL	D	-0.36%
SLB	C	-0.35%
HPQ	B	-0.35%
BKR	B	-0.35%
MO	A	-0.35%
IPG	D	-0.34%
IBM	C	-0.34%
OMC	C	-0.34%
HAL	C	-0.34%
SNPS	B	-0.34%
ATO	A	-0.33%
TPR	B	-0.33%
NI	A	-0.33%
HCA	F	-0.33%
NKE	D	-0.33%
CDNS	B	-0.33%
AWK	D	-0.32%
UHS	D	-0.32%
RL	B	-0.32%
LULU	C	-0.31%
FCX	D	-0.3%
EXC	C	-0.3%
DECK	A	-0.3%
DAL	C	-0.28%
UAL	A	-0.28%
SWK	D	-0.27%
GDDY	A	-0.27%
EQIX	A	-0.27%
AKAM	D	-0.27%
VRSN	F	-0.27%
CNP	B	-0.26%
HUBB	B	-0.26%
ENPH	F	-0.26%
PEG	A	-0.26%
LOW	D	-0.26%
HAS	D	-0.26%
CNC	D	-0.26%
NVR	D	-0.26%
HUM	C	-0.26%
DLR	B	-0.26%
ETN	A	-0.26%
LEN	D	-0.25%
GM	B	-0.25%
WMB	A	-0.25%
NEM	D	-0.25%
KO	D	-0.25%
DTE	C	-0.25%
CTLT	B	-0.25%
MOH	F	-0.25%
EIX	B	-0.25%
STZ	D	-0.25%
ZTS	D	-0.25%
SNA	A	-0.25%
PHM	D	-0.25%
LUV	C	-0.25%
KMI	A	-0.25%
MNST	C	-0.25%
ETR	B	-0.25%
TAP	C	-0.25%
RJF	A	-0.25%
MRNA	F	-0.24%
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%
ELV	F	-0.24%
PLTR	B	-0.23%
CPRT	A	-0.23%
ON	D	-0.23%
TXN	C	-0.23%
VRTX	F	-0.23%
NXPI	D	-0.23%
PAYC	B	-0.22%
REGN	F	-0.22%
TYL	B	-0.22%
LW	C	-0.22%
EBAY	D	-0.22%
DAY	B	-0.22%
ADI	D	-0.22%
MPWR	F	-0.22%
FFIV	B	-0.21%
KEYS	A	-0.21%
PFG	D	-0.21%
AOS	F	-0.21%
MKC	D	-0.21%
KHC	F	-0.21%
SJM	D	-0.21%
GIS	D	-0.21%
MET	A	-0.21%
CAG	D	-0.21%
PAYX	C	-0.21%
ALL	A	-0.2%
AIG	B	-0.2%
IEX	B	-0.2%
IR	B	-0.2%
JNPR	F	-0.2%
AFL	B	-0.2%
PARA	C	-0.2%
CPB	D	-0.2%
PRU	A	-0.2%
INTU	C	-0.2%
AIZ	A	-0.2%
ERIE	D	-0.2%
HSIC	B	-0.2%
FSLR	F	-0.2%
MHK	D	-0.19%
APH	A	-0.19%
XYL	D	-0.19%
TEL	B	-0.19%
HPE	B	-0.19%
MAS	D	-0.19%
PNR	A	-0.19%
BLDR	D	-0.19%
GLW	B	-0.19%
HSY	F	-0.18%
CRWD	B	-0.18%
GEV	B	-0.18%
EQT	B	-0.18%
MDLZ	F	-0.18%
ROL	B	-0.18%
COR	B	-0.18%
K	A	-0.18%
HON	B	-0.17%
TGT	F	-0.17%
ADSK	A	-0.17%
TER	D	-0.17%
ANSS	B	-0.17%
DG	F	-0.17%
DOV	A	-0.17%
NTAP	C	-0.17%
GEN	B	-0.17%
ITW	B	-0.17%
BBY	D	-0.17%
WY	D	-0.17%
CTRA	B	-0.17%
MLM	B	-0.17%
DLTR	F	-0.17%
DELL	C	-0.17%
PTC	A	-0.17%
VMC	B	-0.17%
STX	D	-0.17%
ULTA	F	-0.17%
WDC	D	-0.17%
INTC	D	-0.16%
PANW	C	-0.16%
GD	F	-0.16%
BA	F	-0.16%
LH	C	-0.16%
DGX	A	-0.16%
TECH	D	-0.15%
SMCI	F	-0.15%
GPC	D	-0.15%
WAT	B	-0.15%
MTD	D	-0.15%
WRB	A	-0.14%
MCHP	D	-0.14%
AZO	C	-0.14%
IQV	D	-0.14%
URI	B	-0.14%
CINF	A	-0.14%
ORLY	B	-0.14%
CRL	C	-0.14%
CB	C	-0.14%
HIG	B	-0.14%
ACGL	D	-0.14%
AMD	F	-0.14%
KMX	B	-0.14%
EG	C	-0.14%
LKQ	D	-0.14%
BALL	D	-0.13%
FAST	B	-0.13%
CDW	F	-0.13%
AMCR	D	-0.13%
AME	A	-0.13%
POOL	C	-0.13%
DE	A	-0.13%
ACN	C	-0.13%
EPAM	C	-0.13%
CTSH	B	-0.13%
WAB	B	-0.13%
IT	C	-0.13%
STT	A	-0.12%
HLT	A	-0.12%
MAR	B	-0.12%
ABNB	C	-0.12%
STE	F	-0.12%
EXPE	B	-0.12%
ISRG	A	-0.12%
ZBH	C	-0.12%
GWW	B	-0.12%
TSCO	D	-0.12%
ARE	D	-0.11%
VTR	C	-0.11%
WELL	A	-0.11%
EXR	D	-0.11%
DVA	B	-0.11%
CPT	B	-0.11%
BR	A	-0.11%
DOC	D	-0.11%
BXP	D	-0.11%
HST	C	-0.11%
DXCM	D	-0.1%
PODD	C	-0.1%
HOLX	D	-0.1%
DHR	F	-0.1%
NWSA	B	-0.1%
NWS	B	-0.1%
ESS	B	-0.1%
RVTY	F	-0.1%
ALGN	D	-0.1%
MAA	B	-0.1%
INVH	D	-0.1%
AVB	B	-0.1%
EQR	B	-0.1%
FOX	A	-0.1%
UDR	B	-0.1%
FOXA	B	-0.1%
FMC	D	-0.09%
BEN	C	-0.09%
UPS	C	-0.09%
EXPD	D	-0.09%
AXON	A	-0.09%
RCL	A	-0.09%
CHRW	C	-0.09%
CF	B	-0.09%
KKR	A	-0.09%
NCLH	B	-0.09%
LYV	A	-0.09%
IVZ	B	-0.09%
RMD	C	-0.09%
CMS	C	-0.08%
PCG	A	-0.08%
SO	D	-0.08%
SRE	A	-0.08%
XEL	A	-0.08%
PPL	B	-0.08%
EVRG	A	-0.08%
LNT	A	-0.08%
AEE	A	-0.08%
CARR	D	-0.08%
TDG	D	-0.08%
JCI	C	-0.08%
PH	A	-0.08%
CMI	A	-0.08%
OTIS	C	-0.08%
GNRC	B	-0.08%
WYNN	D	-0.08%
ODFL	B	-0.08%
HII	D	-0.08%
BX	A	-0.08%
NTRS	A	-0.08%
BLK	C	-0.08%
LVS	C	-0.08%
AMP	A	-0.08%
MOS	F	-0.08%
JBHT	C	-0.08%
CTVA	C	-0.08%
O	D	-0.07%
LYB	F	-0.07%
SW	A	-0.07%
FANG	D	-0.07%
CZR	F	-0.07%
COP	C	-0.07%
MRO	B	-0.07%
DOW	F	-0.07%
APA	D	-0.07%
HES	B	-0.07%
PNW	B	-0.07%
FDX	B	-0.07%
WEC	A	-0.07%
CE	F	-0.07%
ES	D	-0.07%
DUK	C	-0.07%
TFC	A	-0.06%
CFG	B	-0.06%
HBAN	A	-0.06%
FI	A	-0.06%
USB	A	-0.06%
FITB	A	-0.06%
KEY	B	-0.06%
RF	A	-0.06%
MTB	A	-0.06%
EW	C	-0.06%
MDT	D	-0.06%
AVY	D	-0.06%
BSX	B	-0.06%
IP	B	-0.06%
PKG	A	-0.06%
REG	B	-0.06%
KIM	A	-0.06%
PLD	D	-0.06%
FRT	B	-0.06%
SHW	A	-0.06%
SBAC	D	-0.06%
VICI	C	-0.06%
CCI	D	-0.06%
IRM	D	-0.06%
FICO	B	-0.05%
IFF	D	-0.05%
BAX	D	-0.05%
APD	A	-0.05%
TFX	F	-0.05%
WST	C	-0.05%
EMN	D	-0.05%
DD	D	-0.05%
ALB	C	-0.05%
JKHY	D	-0.05%
FIS	C	-0.05%
BRO	B	-0.04%
EFX	F	-0.04%
CBRE	B	-0.04%
CSGP	D	-0.04%
VRSK	A	-0.04%
FDS	B	-0.04%
MCO	B	-0.04%
CBOE	B	-0.04%
ICE	C	-0.04%
NDAQ	A	-0.04%
CPAY	A	-0.04%
MKTX	D	-0.04%
LIN	D	-0.04%
ROP	B	-0.03%
VLTO	D	-0.03%
ROK	B	-0.03%
NDSN	B	-0.03%
TDY	B	-0.03%
EMR	A	-0.03%
TRMB	B	-0.03%
FTV	C	-0.03%
AJG	B	-0.03%