FELV vs. GQI ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to Natixis Gateway Quality Income ETF (GQI)

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

GQI

Natixis Gateway Quality Income ETF

GQI Description

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in high-quality stocks and written index call option exposure. Under normal circumstances, the fund invests in a diversified portfolio of U.S. large- and mid-capitalization stocks with quality characteristics identified through certain fundamental metrics determined by Gateway Investment Advisers, LLC.

Grade (RS Rating)

Last Trade

$55.08

Average Daily Volume

16,705

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

Performance

Period	FELV	GQI
30 Days	4.38%	3.64%
60 Days	5.85%	3.68%
90 Days	7.57%	4.45%
12 Months	29.90%

45 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in GQI	Overlap
AAPL	C	0.19%	7.33%	0.19%
ACN	C	0.34%	1.63%	0.34%
ADBE	C	0.37%	1.01%	0.37%
ADM	D	0.1%	0.48%	0.1%
AMAT	F	0.42%	0.8%	0.42%
AMZN	C	0.08%	3.32%	0.08%
BBY	D	0.15%	0.31%	0.15%
BLDR	D	0.01%	0.4%	0.01%
CAH	B	0.3%	0.54%	0.3%
CI	F	0.6%	0.24%	0.24%
CL	D	0.54%	0.79%	0.54%
CLX	B	0.25%	0.38%	0.25%
CMG	B	0.07%	0.1%	0.07%
CMI	A	0.34%	0.38%	0.34%
CNC	D	0.23%	0.57%	0.23%
CTAS	B	0.43%	1.37%	0.43%
CVS	D	0.3%	0.79%	0.3%
DVN	F	0.34%	0.45%	0.34%
ELV	F	0.11%	0.43%	0.11%
EOG	A	0.53%	1.25%	0.53%
GEV	B	0.28%	0.59%	0.28%
HD	A	0.45%	2.17%	0.45%
HUM	C	0.14%	0.6%	0.14%
INCY	C	0.22%	0.22%	0.22%
ITW	B	0.12%	1.34%	0.12%
JNJ	D	1.02%	0.44%	0.44%
KMB	D	0.14%	0.84%	0.14%
KR	B	0.31%	0.71%	0.31%
LMT	D	0.64%	0.13%	0.13%
MA	C	0.28%	2.24%	0.28%
MCK	B	0.09%	1.47%	0.09%
META	D	0.21%	3.03%	0.21%
MMM	D	0.6%	0.27%	0.27%
NFLX	A	0.19%	0.16%	0.16%
NUE	C	0.34%	0.48%	0.34%
NVDA	C	0.17%	7.73%	0.17%
PGR	A	0.35%	0.19%	0.19%
PRU	A	0.17%	0.24%	0.17%
QCOM	F	0.5%	0.37%	0.37%
STLD	B	0.33%	0.38%	0.33%
TGT	F	0.01%	1.3%	0.01%
TJX	A	0.28%	1.08%	0.28%
UNH	C	1.57%	0.72%	0.72%
UPS	C	0.06%	0.09%	0.06%
WMT	A	1.76%	2.1%	1.76%

FELV Overweight 287 Positions Relative to GQI

Symbol	Grade	Weight
BRK.A	B	3.64%
JPM	A	2.93%
XOM	B	2.51%
BAC	A	1.77%
PM	B	1.31%
PG	A	1.24%
WFC	A	1.22%
CMCSA	B	1.13%
CSCO	B	1.07%
GE	D	1.05%
T	A	1.02%
GILD	C	0.92%
SCHW	B	0.88%
MU	D	0.86%
PFE	D	0.85%
ABBV	D	0.85%
INTC	D	0.85%
BMY	B	0.84%
NEE	D	0.81%
DIS	B	0.8%
PYPL	B	0.79%
ETN	A	0.76%
UNP	C	0.75%
BDX	F	0.74%
TMO	F	0.73%
SQ	B	0.7%
PNC	B	0.7%
RTX	C	0.7%
VZ	C	0.68%
RSG	A	0.66%
NOC	D	0.63%
SPGI	C	0.63%
BK	A	0.63%
CVNA	B	0.62%
AON	A	0.59%
SEIC	B	0.58%
PPG	F	0.57%
CCI	D	0.57%
CME	A	0.57%
NSC	B	0.57%
TMUS	B	0.56%
COP	C	0.56%
ABT	B	0.54%
CAT	B	0.54%
ALLE	D	0.54%
MS	A	0.54%
TXT	D	0.53%
CVX	A	0.53%
ZM	B	0.52%
PSA	D	0.52%
TT	A	0.52%
ECL	D	0.5%
SSNC	B	0.5%
DD	D	0.48%
C	A	0.48%
LDOS	C	0.47%
COF	B	0.47%
CACI	D	0.46%
LIN	D	0.46%
LHX	C	0.45%
WAB	B	0.45%
DBX	B	0.42%
MDT	D	0.4%
PCG	A	0.39%
PCAR	B	0.39%
UNM	A	0.38%
MMC	B	0.38%
BLK	C	0.37%
IGT	F	0.36%
L	A	0.35%
EXEL	B	0.35%
TPH	D	0.35%
EVRG	A	0.35%
BRX	A	0.35%
CSX	B	0.34%
GS	A	0.34%
FTV	C	0.33%
LPX	B	0.33%
F	C	0.33%
ZBRA	B	0.32%
TWLO	A	0.3%
BIIB	F	0.3%
FR	C	0.28%
MCD	D	0.28%
VMC	B	0.28%
DUK	C	0.28%
VEEV	C	0.28%
MO	A	0.28%
TOL	B	0.28%
GL	B	0.28%
TRV	B	0.28%
ANF	C	0.28%
IBM	C	0.27%
TDC	D	0.27%
SYK	C	0.26%
AME	A	0.26%
WTW	B	0.26%
VICI	C	0.25%
GAP	C	0.25%
XEL	A	0.25%
SEE	C	0.25%
FLS	B	0.25%
WM	A	0.25%
EXC	C	0.24%
KMI	A	0.24%
TFC	A	0.24%
CINF	A	0.22%
ED	D	0.22%
Z	A	0.22%
DOCU	A	0.22%
OC	A	0.22%
CRM	B	0.22%
DOC	D	0.22%
SKYW	B	0.21%
MGM	D	0.21%
HPE	B	0.21%
JCI	C	0.21%
AXP	A	0.2%
VMI	B	0.2%
MSI	B	0.2%
EQIX	A	0.2%
PNR	A	0.19%
DTE	C	0.19%
USFD	A	0.19%
FTI	A	0.19%
ALL	A	0.19%
BSX	B	0.19%
MSCI	C	0.19%
KEY	B	0.18%
SPG	B	0.18%
ITT	A	0.18%
ICE	C	0.18%
TMHC	B	0.18%
ZG	A	0.18%
EIX	B	0.17%
DHR	F	0.17%
IQV	D	0.17%
LNW	D	0.17%
MKL	A	0.17%
ACA	A	0.17%
CEG	D	0.17%
EQR	B	0.17%
GEHC	F	0.16%
TAP	C	0.16%
QGEN	D	0.16%
MEDP	D	0.16%
TXN	C	0.16%
CCK	C	0.16%
AES	F	0.16%
PFG	D	0.16%
STT	A	0.15%
CNP	B	0.15%
ILMN	D	0.15%
JXN	C	0.15%
AMGN	D	0.15%
RCL	A	0.15%
OXY	D	0.15%
WDC	D	0.14%
AMT	D	0.14%
GD	F	0.14%
HAL	C	0.13%
PKG	A	0.13%
WDAY	B	0.13%
SWKS	F	0.13%
CCL	B	0.13%
ES	D	0.13%
TROW	B	0.13%
PH	A	0.12%
SOLV	C	0.12%
NTAP	C	0.12%
AVGO	D	0.12%
SO	D	0.12%
WMB	A	0.12%
EEFT	B	0.12%
HWM	A	0.12%
KHC	F	0.12%
UHS	D	0.12%
BLD	D	0.11%
AIZ	A	0.11%
QRVO	F	0.11%
EA	A	0.11%
ENS	D	0.11%
ROST	C	0.11%
BCC	B	0.11%
GRMN	B	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%
PEG	A	0.1%
MHO	D	0.1%
FANG	D	0.09%
A	D	0.09%
TRGP	B	0.09%
CNO	A	0.09%
MTDR	B	0.09%
WBD	C	0.09%
KD	B	0.09%
GPN	B	0.09%
ACT	D	0.09%
VRTX	F	0.09%
CRUS	D	0.09%
TENB	C	0.08%
DASH	A	0.08%
MKC	D	0.08%
DELL	C	0.08%
LH	C	0.08%
HON	B	0.08%
BBWI	D	0.08%
IFF	D	0.08%
ALRM	C	0.08%
AEP	D	0.08%
VST	B	0.07%
REG	B	0.07%
BYD	C	0.07%
LYFT	C	0.07%
LOW	D	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%
MDLZ	F	0.06%
OGE	B	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%
GIS	D	0.05%
NEM	D	0.05%
AM	A	0.04%
ADI	D	0.04%
VLTO	D	0.04%
INGR	B	0.04%
VAC	B	0.04%
CSGP	D	0.04%
HL	D	0.04%
CWEN	C	0.04%
BKH	A	0.04%
CTRE	D	0.04%
AXTA	A	0.03%
MSA	D	0.03%
SYF	B	0.03%
TFX	F	0.03%
KLAC	D	0.03%
UAL	A	0.03%
RGA	A	0.03%
EXTR	B	0.03%
WS	B	0.03%
RJF	A	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%
PHM	D	0.01%
CXT	B	0.01%
ROP	B	0.01%
DGX	A	0.01%
ANSS	B	0.01%
AXS	A	0.01%
SON	D	0.01%
GLW	B	0.01%
M	D	0.01%

FELV Underweight 65 Positions Relative to GQI

Symbol	Grade	Weight
MSFT	F	-5.69%
GOOGL	C	-4.31%
COST	B	-2.11%
BKNG	A	-1.98%
TSLA	B	-1.7%
PSX	C	-0.96%
GWW	B	-0.93%
MRK	F	-0.88%
FAST	B	-0.86%
VLO	C	-0.86%
MPC	D	-0.75%
COR	B	-0.74%
ODFL	B	-0.7%
SYY	B	-0.69%
LULU	C	-0.65%
LLY	F	-0.63%
IDXX	F	-0.63%
CDNS	B	-0.61%
NOW	A	-0.56%
NKE	D	-0.56%
DECK	A	-0.5%
NVR	D	-0.49%
V	A	-0.48%
SPOT	B	-0.42%
RMD	C	-0.42%
WST	C	-0.38%
LRCX	F	-0.36%
LYV	A	-0.35%
VRSK	A	-0.34%
TSN	B	-0.34%
LUV	C	-0.32%
ULTA	F	-0.31%
EXPD	D	-0.31%
MOH	F	-0.31%
ALGN	D	-0.3%
DPZ	C	-0.28%
CTSH	B	-0.28%
CDW	F	-0.28%
JBL	B	-0.28%
JBHT	C	-0.27%
ROL	B	-0.26%
VRSN	F	-0.25%
EPAM	C	-0.25%
MPWR	F	-0.25%
POOL	C	-0.25%
BG	F	-0.24%
CHRW	C	-0.24%
NRG	B	-0.24%
REGN	F	-0.24%
ANET	C	-0.24%
LYB	F	-0.21%
PAYC	B	-0.19%
AOS	F	-0.16%
CRWD	B	-0.16%
MKTX	D	-0.15%
MTD	D	-0.14%
LEN	D	-0.14%
ZTS	D	-0.13%
PANW	C	-0.12%
MNST	C	-0.12%
WBA	F	-0.11%
SNPS	B	-0.1%
BWA	D	-0.09%
TER	D	-0.08%
DLTR	F	-0.06%