FELG vs. JOET ETF Comparison

Comparison of Fidelity Enhanced Large Cap Growth ETF (FELG) to Virtus Terranova U.S. Quality Momentum ETF (JOET)

FELG

Fidelity Enhanced Large Cap Growth ETF

FELG Description

The fund will invest at least 80% of assets in common stocks included in the Russell 1000® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth segment of the U.S. equity market. 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. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.54

Average Daily Volume

218,971

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JOET

Virtus Terranova U.S. Quality Momentum ETF

JOET Description

The investment seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Terranova U.S. Quality Momentum Index. Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the index. The index is designed to track the performance of quality large-capitalization companies listed in the United States. The index includes common stock and ADRs. The fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. securities.

Grade (RS Rating)

Last Trade

$40.40

Average Daily Volume

29,173

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	FELG	JOET
30 Days	3.26%	7.96%
60 Days	5.11%	9.99%
90 Days	6.08%	13.18%
12 Months	36.88%	38.99%

33 Overlapping Holdings

Symbol	Grade	Weight in FELG	Weight in JOET	Overlap
AMAT	F	0.94%	0.76%	0.76%
AMD	F	0.01%	0.66%	0.01%
AMZN	C	6.62%	0.85%	0.85%
ANET	C	0.83%	0.75%	0.75%
APP	B	0.31%	1.3%	0.31%
AVGO	D	3.11%	0.75%	0.75%
AXON	A	0.32%	1.03%	0.32%
CAT	B	0.32%	0.75%	0.32%
CMG	B	0.77%	0.75%	0.75%
COST	B	0.91%	0.79%	0.79%
CRM	B	0.59%	0.86%	0.59%
CTAS	B	0.66%	0.79%	0.66%
FTNT	C	0.65%	0.89%	0.65%
GRMN	B	0.54%	0.97%	0.54%
HWM	A	0.55%	0.84%	0.55%
ISRG	A	0.1%	0.8%	0.1%
KLAC	D	0.79%	0.73%	0.73%
LLY	F	1.54%	0.67%	0.67%
MA	C	2.02%	0.78%	0.78%
META	D	4.74%	0.76%	0.76%
MPWR	F	0.4%	0.49%	0.4%
MSFT	F	10.23%	0.76%	0.76%
NFLX	A	1.81%	0.85%	0.85%
NOW	A	0.51%	0.84%	0.51%
NU	C	0.19%	0.75%	0.19%
NVDA	C	11.91%	0.79%	0.79%
ORCL	B	0.46%	0.82%	0.46%
QCOM	F	1.12%	0.72%	0.72%
SQ	B	0.66%	0.85%	0.66%
TT	A	0.63%	0.79%	0.63%
TW	A	0.31%	0.74%	0.31%
UBER	D	0.98%	0.7%	0.7%
WMT	A	0.13%	0.78%	0.13%

FELG Overweight 46 Positions Relative to JOET

Symbol	Grade	Weight
AAPL	C	12.05%
GOOGL	C	3.57%
TSLA	B	3.47%
GOOG	C	2.52%
MRK	F	1.35%
ADBE	C	1.29%
V	A	1.2%
BKNG	A	1.1%
ABBV	D	0.94%
LRCX	F	0.82%
TJX	A	0.77%
UNP	C	0.74%
DASH	A	0.72%
WDAY	B	0.71%
ECL	D	0.7%
MSI	B	0.65%
LMT	D	0.62%
HD	A	0.62%
SCHW	B	0.59%
EXEL	B	0.57%
SPG	B	0.56%
BMY	B	0.54%
ANF	C	0.52%
LYFT	C	0.51%
ZM	B	0.51%
TMUS	B	0.5%
NTRA	B	0.5%
INCY	C	0.5%
GILD	C	0.5%
NOC	D	0.49%
BBWI	D	0.45%
DBX	B	0.43%
IDXX	F	0.39%
ALLE	D	0.33%
TDC	D	0.3%
MSCI	C	0.26%
CLX	B	0.18%
PEP	F	0.15%
SCCO	F	0.14%
MEDP	D	0.12%
INTU	C	0.11%
BAH	F	0.11%
ZBRA	B	0.09%
CVNA	B	0.07%
MORN	B	0.07%
TPL	A	0.03%

FELG Underweight 91 Positions Relative to JOET

Symbol	Grade	Weight
PLTR	B	-1.0%
COIN	C	-0.98%
SPOT	B	-0.94%
UAL	A	-0.91%
DAL	C	-0.89%
IBKR	A	-0.89%
DOCU	A	-0.88%
SYF	B	-0.87%
CRWD	B	-0.87%
RCL	A	-0.87%
APO	B	-0.86%
DFS	B	-0.86%
HEI	B	-0.85%
FCNCA	A	-0.85%
PH	A	-0.85%
PODD	C	-0.85%
HBAN	A	-0.84%
CMI	A	-0.83%
PANW	C	-0.83%
CFG	B	-0.83%
RF	A	-0.83%
GM	B	-0.83%
AMP	A	-0.83%
VMC	B	-0.83%
PCAR	B	-0.82%
SYK	C	-0.82%
MTB	A	-0.82%
RJF	A	-0.82%
ROL	B	-0.81%
IR	B	-0.81%
AXP	A	-0.81%
BR	A	-0.81%
VRT	B	-0.81%
GWW	B	-0.81%
ADSK	A	-0.81%
FAST	B	-0.81%
JPM	A	-0.81%
FITB	A	-0.81%
ETN	A	-0.8%
SPGI	C	-0.8%
DOV	A	-0.8%
PGR	A	-0.8%
APH	A	-0.8%
TTD	B	-0.8%
BRO	B	-0.8%
CINF	A	-0.79%
ALL	A	-0.79%
DDOG	A	-0.79%
NTRS	A	-0.79%
IT	C	-0.79%
DECK	A	-0.79%
RSG	A	-0.79%
WRB	A	-0.78%
PFG	D	-0.78%
PYPL	B	-0.78%
TSCO	D	-0.78%
HIG	B	-0.78%
URI	B	-0.78%
WELL	A	-0.78%
WAB	B	-0.78%
BSX	B	-0.78%
PWR	A	-0.78%
BK	A	-0.77%
TRV	B	-0.77%
MLM	B	-0.77%
BRK.A	B	-0.77%
NVR	D	-0.76%
AFL	B	-0.76%
ACN	C	-0.76%
PSA	D	-0.75%
CB	C	-0.75%
CARR	D	-0.75%
ROST	C	-0.75%
LEN	D	-0.74%
EXR	D	-0.74%
CPNG	D	-0.74%
HUBB	B	-0.74%
GD	F	-0.73%
PHM	D	-0.73%
ACGL	D	-0.72%
FSLR	F	-0.72%
XYL	D	-0.71%
RMD	C	-0.71%
ADI	D	-0.7%
DHI	D	-0.69%
MELI	D	-0.69%
O	D	-0.69%
IRM	D	-0.67%
CHKP	D	-0.65%
CEG	D	-0.64%
SMCI	F	-0.29%