FELV vs. BLV ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to Vanguard Long-Term Bond ETF (BLV)

FELV

Fidelity Enhanced Large Cap Value ETF

FELV Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value 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.

Grade (RS Rating)

Last Trade

$32.56

Average Daily Volume

106,908

Number of Holdings ^*

332

* may have additional holdings in another (foreign) market

BLV

Vanguard Long-Term Bond ETF

BLV Description

The investment seeks to track the performance of a market-weighted bond index with a long-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of greater than 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$70.30

Average Daily Volume

649,810

Number of Holdings ^*

342

* may have additional holdings in another (foreign) market

Performance

Period	FELV	BLV
30 Days	4.38%	-0.94%
60 Days	5.85%	-6.20%
90 Days	7.57%	-5.10%
12 Months	29.90%	6.76%

157 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in BLV	Overlap
AAPL	C	0.19%	0.02%	0.02%
ABBV	D	0.85%	0.02%	0.02%
ABT	B	0.54%	0.01%	0.01%
ADI	D	0.04%	0.02%	0.02%
ADM	D	0.1%	0.01%	0.01%
AEP	D	0.08%	0.01%	0.01%
AES	F	0.16%	0.01%	0.01%
AIZ	A	0.11%	0.01%	0.01%
ALL	A	0.19%	0.01%	0.01%
AMAT	F	0.42%	0.01%	0.01%
AMGN	D	0.15%	0.02%	0.02%
AMT	D	0.14%	0.01%	0.01%
AMZN	C	0.08%	0.03%	0.03%
AON	A	0.59%	0.01%	0.01%
AVGO	D	0.12%	0.03%	0.03%
AXP	A	0.2%	0.02%	0.02%
BAC	A	1.77%	0.01%	0.01%
BDX	F	0.74%	0.01%	0.01%
BIIB	F	0.3%	0.02%	0.02%
BKH	A	0.04%	0.01%	0.01%
BMY	B	0.84%	0.01%	0.01%
BSX	B	0.19%	0.01%	0.01%
C	A	0.48%	0.01%	0.01%
CAH	B	0.3%	0.01%	0.01%
CAT	B	0.54%	0.01%	0.01%
CCI	D	0.57%	0.01%	0.01%
CI	F	0.6%	0.01%	0.01%
CINF	A	0.22%	0.01%	0.01%
CL	D	0.54%	0.01%	0.01%
CMCSA	B	1.13%	0.01%	0.01%
CME	A	0.57%	0.02%	0.02%
CMI	A	0.34%	0.01%	0.01%
CNP	B	0.15%	0.01%	0.01%
COP	C	0.56%	0.01%	0.01%
CRM	B	0.22%	0.03%	0.03%
CSCO	B	1.07%	0.03%	0.03%
CSX	B	0.34%	0.01%	0.01%
CVS	D	0.3%	0.01%	0.01%
CVX	A	0.53%	0.01%	0.01%
DD	D	0.48%	0.04%	0.04%
DELL	C	0.08%	0.04%	0.04%
DGX	A	0.01%	0.01%	0.01%
DHR	F	0.17%	0.01%	0.01%
DIS	B	0.8%	0.01%	0.01%
DOC	D	0.22%	0.01%	0.01%
DTE	C	0.19%	0.01%	0.01%
DUK	C	0.28%	0.01%	0.01%
DVN	F	0.34%	0.01%	0.01%
EA	A	0.11%	0.01%	0.01%
ECL	D	0.5%	0.01%	0.01%
ED	D	0.22%	0.01%	0.01%
EIX	B	0.17%	0.01%	0.01%
EOG	A	0.53%	0.01%	0.01%
EQIX	A	0.2%	0.01%	0.01%
EQR	B	0.17%	0.01%	0.01%
ES	D	0.13%	0.01%	0.01%
ETN	A	0.76%	0.01%	0.01%
EVRG	A	0.35%	0.01%	0.01%
EXC	C	0.24%	0.01%	0.01%
FANG	D	0.09%	0.02%	0.02%
FTV	C	0.33%	0.01%	0.01%
GD	F	0.14%	0.01%	0.01%
GE	D	1.05%	0.01%	0.01%
GILD	C	0.92%	0.01%	0.01%
GIS	D	0.05%	0.01%	0.01%
GLW	B	0.01%	0.01%	0.01%
GPN	B	0.09%	0.02%	0.02%
GS	A	0.34%	0.01%	0.01%
HAL	C	0.13%	0.03%	0.03%
HD	A	0.45%	0.01%	0.01%
HON	B	0.08%	0.01%	0.01%
HPE	B	0.21%	0.04%	0.04%
HUM	C	0.14%	0.01%	0.01%
IBM	C	0.27%	0.01%	0.01%
ICE	C	0.18%	0.02%	0.02%
IFF	D	0.08%	0.01%	0.01%
INGR	B	0.04%	0.01%	0.01%
INTC	D	0.85%	0.01%	0.01%
ITW	B	0.12%	0.01%	0.01%
JCI	C	0.21%	0.01%	0.01%
JNJ	D	1.02%	0.01%	0.01%
JPM	A	2.93%	0.01%	0.01%
KLAC	D	0.03%	0.01%	0.01%
KMB	D	0.14%	0.01%	0.01%
KMI	A	0.24%	0.01%	0.01%
KR	B	0.31%	0.01%	0.01%
L	A	0.35%	0.01%	0.01%
LH	C	0.08%	0.01%	0.01%
LHX	C	0.45%	0.01%	0.01%
LIN	D	0.46%	0.01%	0.01%
LMT	D	0.64%	0.01%	0.01%
LOW	D	0.07%	0.01%	0.01%
MA	C	0.28%	0.01%	0.01%
MCD	D	0.28%	0.01%	0.01%
MDLZ	F	0.06%	0.02%	0.02%
MDT	D	0.4%	0.05%	0.05%
MKC	D	0.08%	0.01%	0.01%
MKL	A	0.17%	0.01%	0.01%
MMC	B	0.38%	0.01%	0.01%
MMM	D	0.6%	0.01%	0.01%
MO	A	0.28%	0.01%	0.01%
MS	A	0.54%	0.02%	0.02%
MSI	B	0.2%	0.01%	0.01%
NEE	D	0.81%	0.01%	0.01%
NEM	D	0.05%	0.01%	0.01%
NOC	D	0.63%	0.01%	0.01%
NSC	B	0.57%	0.01%	0.01%
NUE	C	0.34%	0.03%	0.03%
NVDA	C	0.17%	0.02%	0.02%
OC	A	0.22%	0.01%	0.01%
OGE	B	0.06%	0.01%	0.01%
PCG	A	0.39%	0.01%	0.01%
PEG	A	0.1%	0.01%	0.01%
PFE	D	0.85%	0.01%	0.01%
PFG	D	0.16%	0.01%	0.01%
PG	A	1.24%	0.01%	0.01%
PGR	A	0.35%	0.01%	0.01%
PH	A	0.12%	0.01%	0.01%
PHM	D	0.01%	0.01%	0.01%
PKG	A	0.13%	0.01%	0.01%
PM	B	1.31%	0.01%	0.01%
PRU	A	0.17%	0.01%	0.01%
PYPL	B	0.79%	0.02%	0.02%
QCOM	F	0.5%	0.01%	0.01%
REG	B	0.07%	0.01%	0.01%
RJF	A	0.03%	0.01%	0.01%
RSG	A	0.66%	0.01%	0.01%
RTX	C	0.7%	0.01%	0.01%
SCHW	B	0.88%	0.01%	0.01%
SO	D	0.12%	0.01%	0.01%
SPG	B	0.18%	0.01%	0.01%
SPGI	C	0.63%	0.01%	0.01%
STLD	B	0.33%	0.01%	0.01%
SYK	C	0.26%	0.01%	0.01%
T	A	1.02%	0.01%	0.01%
TAP	C	0.16%	0.03%	0.03%
TGT	F	0.01%	0.01%	0.01%
TJX	A	0.28%	0.01%	0.01%
TMO	F	0.73%	0.01%	0.01%
TMUS	B	0.56%	0.01%	0.01%
TRV	B	0.28%	0.01%	0.01%
TT	A	0.52%	0.01%	0.01%
TXN	C	0.16%	0.01%	0.01%
UAL	A	0.03%	0.01%	0.01%
UNH	C	1.57%	0.01%	0.01%
UNM	A	0.38%	0.01%	0.01%
UNP	C	0.75%	0.01%	0.01%
UPS	C	0.06%	0.01%	0.01%
VMC	B	0.28%	0.02%	0.02%
VMI	B	0.2%	0.01%	0.01%
VZ	C	0.68%	0.01%	0.01%
WFC	A	1.22%	0.01%	0.01%
WM	A	0.25%	0.01%	0.01%
WMB	A	0.12%	0.01%	0.01%
WMT	A	1.76%	0.01%	0.01%
XEL	A	0.25%	0.01%	0.01%
XOM	B	2.51%	0.01%	0.01%

FELV Overweight 175 Positions Relative to BLV

Symbol	Grade	Weight
BRK.A	B	3.64%
MU	D	0.86%
SQ	B	0.7%
PNC	B	0.7%
BK	A	0.63%
CVNA	B	0.62%
SEIC	B	0.58%
PPG	F	0.57%
ALLE	D	0.54%
TXT	D	0.53%
ZM	B	0.52%
PSA	D	0.52%
SSNC	B	0.5%
LDOS	C	0.47%
COF	B	0.47%
CACI	D	0.46%
WAB	B	0.45%
CTAS	B	0.43%
DBX	B	0.42%
PCAR	B	0.39%
ADBE	C	0.37%
BLK	C	0.37%
IGT	F	0.36%
EXEL	B	0.35%
TPH	D	0.35%
BRX	A	0.35%
ACN	C	0.34%
LPX	B	0.33%
F	C	0.33%
ZBRA	B	0.32%
TWLO	A	0.3%
FR	C	0.28%
VEEV	C	0.28%
TOL	B	0.28%
GL	B	0.28%
GEV	B	0.28%
ANF	C	0.28%
TDC	D	0.27%
AME	A	0.26%
WTW	B	0.26%
VICI	C	0.25%
CLX	B	0.25%
GAP	C	0.25%
SEE	C	0.25%
FLS	B	0.25%
TFC	A	0.24%
CNC	D	0.23%
Z	A	0.22%
DOCU	A	0.22%
INCY	C	0.22%
SKYW	B	0.21%
MGM	D	0.21%
META	D	0.21%
PNR	A	0.19%
NFLX	A	0.19%
USFD	A	0.19%
FTI	A	0.19%
MSCI	C	0.19%
KEY	B	0.18%
ITT	A	0.18%
TMHC	B	0.18%
ZG	A	0.18%
IQV	D	0.17%
LNW	D	0.17%
ACA	A	0.17%
CEG	D	0.17%
GEHC	F	0.16%
QGEN	D	0.16%
MEDP	D	0.16%
CCK	C	0.16%
BBY	D	0.15%
STT	A	0.15%
ILMN	D	0.15%
JXN	C	0.15%
RCL	A	0.15%
OXY	D	0.15%
WDC	D	0.14%
WDAY	B	0.13%
SWKS	F	0.13%
CCL	B	0.13%
TROW	B	0.13%
SOLV	C	0.12%
NTAP	C	0.12%
EEFT	B	0.12%
HWM	A	0.12%
KHC	F	0.12%
UHS	D	0.12%
BLD	D	0.11%
QRVO	F	0.11%
ENS	D	0.11%
ROST	C	0.11%
BCC	B	0.11%
GRMN	B	0.11%
ELV	F	0.11%
AMH	D	0.11%
BMRN	D	0.11%
TPR	B	0.1%
ADTN	A	0.1%
BKR	B	0.1%
CRC	B	0.1%
ADP	B	0.1%
MHO	D	0.1%
A	D	0.09%
TRGP	B	0.09%
CNO	A	0.09%
MTDR	B	0.09%
WBD	C	0.09%
KD	B	0.09%
ACT	D	0.09%
MCK	B	0.09%
VRTX	F	0.09%
CRUS	D	0.09%
TENB	C	0.08%
DASH	A	0.08%
BBWI	D	0.08%
ALRM	C	0.08%
VST	B	0.07%
CMG	B	0.07%
BYD	C	0.07%
LYFT	C	0.07%
WCC	B	0.07%
NWL	B	0.06%
NWSA	B	0.06%
EW	C	0.06%
LEG	F	0.06%
ARW	D	0.06%
VSTS	C	0.06%
NMRK	B	0.06%
DFS	B	0.05%
TRMB	B	0.05%
SAM	C	0.05%
CTRA	B	0.05%
FHI	A	0.05%
GLPI	C	0.05%
CW	B	0.05%
PLTK	B	0.05%
AM	A	0.04%
VLTO	D	0.04%
VAC	B	0.04%
CSGP	D	0.04%
HL	D	0.04%
CWEN	C	0.04%
CTRE	D	0.04%
AXTA	A	0.03%
MSA	D	0.03%
SYF	B	0.03%
TFX	F	0.03%
RGA	A	0.03%
EXTR	B	0.03%
WS	B	0.03%
ALKS	B	0.03%
DHI	D	0.03%
NWS	B	0.03%
MATX	C	0.03%
AMD	F	0.02%
CWEN	C	0.02%
AYI	B	0.02%
SWI	B	0.02%
OKTA	C	0.02%
OGN	D	0.02%
BERY	B	0.02%
ITRI	B	0.02%
BIO	D	0.02%
WOOF	D	0.02%
MWA	B	0.01%
TNL	A	0.01%
FTDR	A	0.01%
MUR	D	0.01%
CXT	B	0.01%
BLDR	D	0.01%
ROP	B	0.01%
ANSS	B	0.01%
AXS	A	0.01%
SON	D	0.01%
M	D	0.01%

FELV Underweight 185 Positions Relative to BLV

Symbol	Grade	Weight
WIT	A	-1.44%
COST	B	-0.04%
FITB	A	-0.04%
WY	D	-0.04%
EQH	B	-0.04%
ALLY	C	-0.04%
CARR	D	-0.04%
HPQ	B	-0.03%
SCCO	F	-0.03%
BHP	F	-0.03%
TEL	B	-0.02%
CF	B	-0.02%
OHI	C	-0.02%
LEA	D	-0.02%
BHF	B	-0.02%
AJG	B	-0.02%
EBAY	D	-0.02%
WU	D	-0.02%
WHR	B	-0.02%
MAR	B	-0.02%
VLO	C	-0.02%
CAG	D	-0.02%
GOOGL	C	-0.02%
GM	B	-0.02%
BABA	D	-0.02%
FOXA	B	-0.02%
PSX	C	-0.02%
VTRS	A	-0.02%
GSK	F	-0.02%
CPT	B	-0.01%
VTR	C	-0.01%
WPC	D	-0.01%
RPM	A	-0.01%
PECO	A	-0.01%
BAX	D	-0.01%
AGO	B	-0.01%
CHD	B	-0.01%
ADC	B	-0.01%
AAT	B	-0.01%
BEN	C	-0.01%
CACC	D	-0.01%
HIW	D	-0.01%
JD	D	-0.01%
FRT	B	-0.01%
FNF	B	-0.01%
AVA	A	-0.01%
CHI	A	-0.01%
UDR	B	-0.01%
SWX	B	-0.01%
SIGI	C	-0.01%
DT	C	-0.01%
EXR	D	-0.01%
DRI	B	-0.01%
XYL	D	-0.01%
OPI	F	-0.01%
PDM	D	-0.01%
K	A	-0.01%
JNPR	F	-0.01%
IDA	A	-0.01%
MAA	B	-0.01%
LXP	D	-0.01%
KRC	C	-0.01%
KSS	F	-0.01%
WELL	A	-0.01%
WTRG	B	-0.01%
WEST	C	-0.01%
ORI	A	-0.01%
NYC	D	-0.01%
NWE	B	-0.01%
KIM	A	-0.01%
DOV	A	-0.01%
ALB	C	-0.01%
BWA	D	-0.01%
AFL	B	-0.01%
AFG	A	-0.01%
CFG	B	-0.01%
APTV	D	-0.01%
CPB	D	-0.01%
COO	D	-0.01%
VOYA	B	-0.01%
STE	F	-0.01%
SNA	A	-0.01%
ROK	B	-0.01%
RF	A	-0.01%
SBRA	C	-0.01%
ZBH	C	-0.01%
NOV	C	-0.01%
NNN	D	-0.01%
NDAQ	A	-0.01%
NXPI	D	-0.01%
IVZ	B	-0.01%
HRL	D	-0.01%
HOG	D	-0.01%
JEF	A	-0.01%
HAS	D	-0.01%
ESS	B	-0.01%
DG	F	-0.01%
FE	C	-0.01%
EE	A	-0.01%
FMC	D	-0.01%
AVB	B	-0.01%
REGN	F	-0.01%
EG	C	-0.01%
SWK	D	-0.01%
VRSK	A	-0.01%
STZ	D	-0.01%
WEC	A	-0.01%
ATO	A	-0.01%
AEE	A	-0.01%
ACGL	D	-0.01%
ARE	D	-0.01%
CTS	C	-0.01%
FIS	C	-0.01%
AWK	D	-0.01%
HIG	B	-0.01%
EL	F	-0.01%
KDP	D	-0.01%
MLM	B	-0.01%
OTIS	C	-0.01%
LNC	B	-0.01%
OKE	A	-0.01%
OGS	A	-0.01%
O	D	-0.01%
MCO	B	-0.01%
PPL	B	-0.01%
MOS	F	-0.01%
MAS	D	-0.01%
PNW	B	-0.01%
PLD	D	-0.01%
SJM	D	-0.01%
RPRX	D	-0.01%
SHW	A	-0.01%
CMS	C	-0.01%
APD	A	-0.01%
CP	D	-0.01%
EMN	D	-0.01%
DE	A	-0.01%
IPG	D	-0.01%
IP	B	-0.01%
JBLU	F	-0.01%
GWW	B	-0.01%
NI	A	-0.01%
PAA	B	-0.01%
MRO	B	-0.01%
HSY	F	-0.01%
WRB	A	-0.01%
WLK	D	-0.01%
LNT	A	-0.01%
EQNR	D	-0.01%
D	C	-0.01%
KOF	F	-0.01%
NKE	D	-0.01%
WBA	F	-0.01%
LRCX	F	-0.01%
LLY	F	-0.01%
ZTS	D	-0.01%
LYB	F	-0.01%
DOW	F	-0.01%
ETR	B	-0.01%
HES	B	-0.01%
MPC	D	-0.01%
MUFG	B	-0.01%
PEP	F	-0.01%
SBUX	A	-0.01%
SRE	A	-0.01%
MET	A	-0.01%
AIG	B	-0.01%
ET	A	-0.01%
FDX	B	-0.01%
MRK	F	-0.01%
SYY	B	-0.01%
TSN	B	-0.01%
KO	D	-0.01%
EPD	A	-0.01%
MPLX	A	-0.01%
CB	C	-0.01%
HCA	F	-0.01%
V	A	-0.01%
AZN	D	-0.01%
VOD	F	-0.01%
HSBC	B	-0.01%
ORCL	B	-0.01%
CHTR	C	-0.01%
BA	F	-0.01%
MSFT	F	-0.01%