FELG vs. VALQ ETF Comparison

Comparison of Fidelity Enhanced Large Cap Growth ETF (FELG) to American Century STOXX U.S. Quality Value ETF (VALQ)

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

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$63.92

Average Daily Volume

6,261

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

Performance

Period	FELG	VALQ
30 Days	3.26%	3.97%
60 Days	5.11%	4.17%
90 Days	6.08%	6.47%
12 Months	36.88%	28.71%

38 Overlapping Holdings

Symbol	Grade	Weight in FELG	Weight in VALQ	Overlap
AAPL	C	12.05%	2.66%	2.66%
ABBV	D	0.94%	1.67%	0.94%
ADBE	C	1.29%	0.08%	0.08%
ALLE	D	0.33%	0.55%	0.33%
AMAT	F	0.94%	0.07%	0.07%
AMZN	C	6.62%	2.15%	2.15%
ANF	C	0.52%	0.14%	0.14%
APP	B	0.31%	0.31%	0.31%
AVGO	D	3.11%	0.08%	0.08%
BKNG	A	1.1%	0.11%	0.11%
BMY	B	0.54%	0.82%	0.54%
CAT	B	0.32%	0.2%	0.2%
CLX	B	0.18%	1.58%	0.18%
CTAS	B	0.66%	1.87%	0.66%
DBX	B	0.43%	0.38%	0.38%
ECL	D	0.7%	0.44%	0.44%
EXEL	B	0.57%	0.14%	0.14%
FTNT	C	0.65%	0.11%	0.11%
GILD	C	0.5%	0.11%	0.11%
GOOGL	C	3.57%	0.63%	0.63%
HD	A	0.62%	1.95%	0.62%
IDXX	F	0.39%	0.13%	0.13%
INCY	C	0.5%	0.09%	0.09%
KLAC	D	0.79%	0.06%	0.06%
LMT	D	0.62%	0.09%	0.09%
LRCX	F	0.82%	0.07%	0.07%
MEDP	D	0.12%	0.07%	0.07%
META	D	4.74%	0.1%	0.1%
MSFT	F	10.23%	0.26%	0.26%
MSI	B	0.65%	2.25%	0.65%
NFLX	A	1.81%	2.12%	1.81%
QCOM	F	1.12%	0.49%	0.49%
SPG	B	0.56%	1.81%	0.56%
TJX	A	0.77%	0.17%	0.17%
TT	A	0.63%	0.26%	0.26%
UBER	D	0.98%	1.17%	0.98%
WMT	A	0.13%	2.28%	0.13%
ZM	B	0.51%	0.36%	0.36%

FELG Overweight 41 Positions Relative to VALQ

Symbol	Grade	Weight
NVDA	C	11.91%
TSLA	B	3.47%
GOOG	C	2.52%
MA	C	2.02%
LLY	F	1.54%
MRK	F	1.35%
V	A	1.2%
COST	B	0.91%
ANET	C	0.83%
CMG	B	0.77%
UNP	C	0.74%
DASH	A	0.72%
WDAY	B	0.71%
SQ	B	0.66%
CRM	B	0.59%
SCHW	B	0.59%
HWM	A	0.55%
GRMN	B	0.54%
LYFT	C	0.51%
NOW	A	0.51%
TMUS	B	0.5%
NTRA	B	0.5%
NOC	D	0.49%
ORCL	B	0.46%
BBWI	D	0.45%
MPWR	F	0.4%
AXON	A	0.32%
TW	A	0.31%
TDC	D	0.3%
MSCI	C	0.26%
NU	C	0.19%
PEP	F	0.15%
SCCO	F	0.14%
INTU	C	0.11%
BAH	F	0.11%
ISRG	A	0.1%
ZBRA	B	0.09%
CVNA	B	0.07%
MORN	B	0.07%
TPL	A	0.03%
AMD	F	0.01%

FELG Underweight 203 Positions Relative to VALQ

Symbol	Grade	Weight
CMCSA	B	-2.3%
IBM	C	-2.11%
KMB	D	-2.0%
ETN	A	-1.88%
INGR	B	-1.87%
EBAY	D	-1.85%
CL	D	-1.77%
APH	A	-1.74%
HPQ	B	-1.74%
KO	D	-1.69%
VLTO	D	-1.6%
TXN	C	-1.44%
JLL	D	-1.43%
MAS	D	-1.19%
TGT	F	-1.18%
OC	A	-1.16%
LYB	F	-1.15%
PG	A	-1.11%
BBY	D	-1.07%
TOL	B	-1.07%
SFM	A	-1.04%
OTIS	C	-1.04%
GPC	D	-0.92%
ITW	B	-0.91%
TPR	B	-0.88%
LECO	B	-0.85%
CAH	B	-0.84%
MTD	D	-0.83%
PYPL	B	-0.8%
CTSH	B	-0.77%
SEIC	B	-0.76%
CSCO	B	-0.72%
NVT	B	-0.69%
DOX	D	-0.67%
CI	F	-0.66%
IVZ	B	-0.63%
DCI	B	-0.6%
MO	A	-0.57%
FFIV	B	-0.52%
HRB	D	-0.52%
NYT	C	-0.51%
AYI	B	-0.49%
REYN	D	-0.46%
NTAP	C	-0.43%
HUBB	B	-0.42%
MTG	C	-0.42%
CBT	C	-0.41%
WSM	B	-0.4%
G	B	-0.39%
FLS	B	-0.37%
AZEK	A	-0.34%
DOCU	A	-0.33%
ARW	D	-0.32%
SHW	A	-0.32%
GWW	B	-0.32%
SM	B	-0.31%
AMCR	D	-0.31%
JBL	B	-0.29%
NOVT	D	-0.28%
QLYS	C	-0.27%
PH	A	-0.26%
FICO	B	-0.25%
NEU	C	-0.23%
FLO	D	-0.23%
MPC	D	-0.22%
KR	B	-0.22%
ADSK	A	-0.21%
BRBR	A	-0.21%
JEF	A	-0.2%
COLM	B	-0.2%
DVA	B	-0.2%
UHS	D	-0.19%
ORI	A	-0.19%
CRUS	D	-0.18%
NSIT	F	-0.18%
CR	A	-0.18%
LEN	D	-0.17%
LAMR	D	-0.17%
DPZ	C	-0.16%
SYY	B	-0.15%
PPG	F	-0.15%
DDS	B	-0.15%
ROST	C	-0.15%
LFUS	F	-0.14%
TWLO	A	-0.14%
ALSN	B	-0.14%
EME	C	-0.14%
GAP	C	-0.14%
WING	D	-0.13%
AMKR	D	-0.13%
EXPE	B	-0.13%
UTHR	C	-0.13%
PEGA	A	-0.12%
DKS	C	-0.12%
SYF	B	-0.12%
TRMB	B	-0.11%
SNA	A	-0.11%
AIT	A	-0.11%
GL	B	-0.11%
MLI	C	-0.11%
AXS	A	-0.11%
UNM	A	-0.11%
TAP	C	-0.1%
AIZ	A	-0.1%
USFD	A	-0.1%
TXRH	C	-0.1%
STT	A	-0.1%
RHI	B	-0.1%
DLB	B	-0.1%
GDDY	A	-0.1%
RL	B	-0.1%
VMI	B	-0.1%
EPAM	C	-0.1%
BK	A	-0.1%
PKG	A	-0.1%
STLD	B	-0.1%
BYD	C	-0.1%
NTRS	A	-0.1%
MMM	D	-0.1%
EVR	B	-0.1%
K	A	-0.09%
OMC	C	-0.09%
CCK	C	-0.09%
TMHC	B	-0.09%
VRSN	F	-0.09%
CSL	C	-0.09%
BRK.A	B	-0.09%
BERY	B	-0.09%
FIZZ	C	-0.09%
JAZZ	B	-0.09%
MANH	D	-0.09%
JKHY	D	-0.09%
COR	B	-0.09%
LDOS	C	-0.09%
INFA	D	-0.09%
RMD	C	-0.09%
TROW	B	-0.09%
L	A	-0.09%
PGR	A	-0.09%
BMI	B	-0.09%
RGA	A	-0.09%
FDX	B	-0.09%
SWKS	F	-0.09%
EHC	B	-0.09%
FIS	C	-0.09%
KEYS	A	-0.09%
DGX	A	-0.09%
WTS	B	-0.09%
AXTA	A	-0.09%
ALL	A	-0.09%
ALKS	B	-0.09%
CMC	B	-0.09%
HPE	B	-0.09%
CHTR	C	-0.09%
HIG	B	-0.09%
THC	D	-0.09%
MCK	B	-0.09%
OMF	A	-0.09%
AMG	B	-0.09%
FOXA	B	-0.09%
EA	A	-0.09%
GM	B	-0.09%
AKAM	D	-0.08%
CAG	D	-0.08%
TXT	D	-0.08%
GIS	D	-0.08%
AN	C	-0.08%
PVH	C	-0.08%
KBH	D	-0.08%
COKE	C	-0.08%
PARA	C	-0.08%
MAT	D	-0.08%
PHM	D	-0.08%
EXPD	D	-0.08%
VLO	C	-0.08%
CACI	D	-0.08%
SAIC	F	-0.08%
EG	C	-0.08%
NXST	C	-0.08%
NVR	D	-0.08%
JNJ	D	-0.08%
MSM	C	-0.08%
EEFT	B	-0.08%
SSNC	B	-0.08%
BWA	D	-0.08%
TSN	B	-0.08%
POST	C	-0.08%
ADTN	A	-0.08%
IQV	D	-0.07%
ALLY	C	-0.07%
IGT	F	-0.07%
SWK	D	-0.07%
CPB	D	-0.07%
SKX	D	-0.07%
MHK	D	-0.07%
AOS	F	-0.07%
TKR	D	-0.07%
MMS	F	-0.07%
CROX	D	-0.06%
ELV	F	-0.06%
CNC	D	-0.06%
TER	D	-0.06%
QRVO	F	-0.05%