FELV vs. PFIX ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to Simplify Interest Rate Hedge ETF (PFIX)

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

$28.44

Average Daily Volume

86,866

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PFIX

Simplify Interest Rate Hedge ETF

PFIX Description

The investment seeks to track the performance, before fees and expenses, of the SoFi Sustainable Dividend Index. The index follows a rules-based methodology that tracks the performance of the equity securities of publicly-traded, large- and mid-capitalization U.S. and non-U.S. companies in developed markets that are selected based on a set of dividend filters focused on dividend sustainability. The adviser attempts to invest all, or substantially all, of its assets in the component securities that make up the index. The fund will invest at least 80% its net assets in dividend paying securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$48.45

Average Daily Volume

84,430

Number of Holdings ^*

106

* may have additional holdings in another (foreign) market

Performance

Period	FELV	PFIX
30 Days	-0.37%	6.72%
60 Days	0.42%	-2.72%
90 Days	-1.27%	-0.68%
12 Months		38.24%

5 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in PFIX	Overlap
BAC	B	1.82%	1.73%	1.73%
JNJ	F	1.22%	2.83%	1.22%
JPM	B	3.25%	3.9%	3.25%
PG	C	1.36%	2.82%	1.36%
XOM	D	2.72%	3.19%	2.72%

FELV Overweight 5 Positions Relative to PFIX

Symbol	Grade	Weight
BRK.A	C	3.88%
WMT	A	1.6%
PFE	C	1.15%
MRK	C	1.13%
INTC	C	1.09%

FELV Underweight 101 Positions Relative to PFIX

Symbol	Grade	Weight
AVGO	B	-3.86%
CVX	D	-2.06%
TM	D	-1.97%
NVS	A	-1.56%
CSCO	D	-1.48%
CMCSA	F	-1.29%
QCOM	B	-1.27%
VZ	B	-1.26%
TXN	B	-1.13%
COP	D	-1.01%
PLD	C	-0.91%
BLK	B	-0.87%
TD	F	-0.83%
LMT	C	-0.82%
ETN	C	-0.82%
MS	B	-0.81%
UPS	D	-0.81%
ADP	D	-0.79%
C	B	-0.77%
MDLZ	D	-0.76%
CVS	D	-0.76%
MMC	B	-0.75%
GILD	C	-0.66%
SO	B	-0.55%
GD	D	-0.46%
USB	D	-0.45%
HMC	D	-0.45%
PSX	D	-0.45%
STLA	F	-0.43%
PNC	C	-0.43%
NSC	D	-0.42%
PCAR	D	-0.42%
TRV	D	-0.38%
APD	D	-0.37%
VLO	D	-0.36%
AIG	D	-0.34%
SRE	B	-0.33%
NUE	F	-0.32%
MET	D	-0.32%
OKE	B	-0.31%
AEP	C	-0.31%
PAYX	D	-0.3%
BK	B	-0.29%
JCI	D	-0.29%
LHX	B	-0.29%
CMI	D	-0.28%
RSG	A	-0.28%
GIS	D	-0.28%
EXC	D	-0.27%
KR	C	-0.26%
E	C	-0.26%
XEL	D	-0.25%
PEG	B	-0.23%
FANG	B	-0.23%
HSY	F	-0.22%
DFS	B	-0.22%
ADM	C	-0.22%
VICI	D	-0.22%
BCS	A	-0.22%
AVB	B	-0.19%
EIX	C	-0.19%
WEC	D	-0.18%
TROW	C	-0.17%
DTE	D	-0.17%
STT	C	-0.16%
FITB	D	-0.16%
ES	C	-0.15%
MTB	C	-0.15%
PFG	D	-0.14%
GPC	D	-0.14%
DRI	D	-0.14%
AEE	D	-0.14%
ETR	D	-0.14%
HBAN	D	-0.13%
GRMN	C	-0.13%
OMC	D	-0.13%
HPE	C	-0.13%
CMS	D	-0.12%
RF	B	-0.12%
SWKS	C	-0.12%
SYF	B	-0.12%
HST	D	-0.11%
NTRS	C	-0.11%
VTRS	D	-0.11%
ATO	D	-0.11%
CINF	C	-0.11%
FNF	D	-0.1%
SNA	F	-0.1%
CCEP	B	-0.1%
PKG	C	-0.1%
BBY	C	-0.1%
IP	C	-0.09%
AMCR	D	-0.09%
EG	D	-0.09%
CAG	D	-0.09%
NI	B	-0.08%
LNT	B	-0.08%
MOS	F	-0.07%
EVRG	D	-0.07%
CHRW	C	-0.06%
CPB	B	-0.06%