FELV vs. ROUS ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to Lattice U.S. Equity Strategy ETF (ROUS)

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

ROUS

Lattice U.S. Equity Strategy ETF

ROUS Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Lattice Risk-Optimized US Large Cap Equity Strategy Index (LROUSLX). The fund generally invests at least 80 percent of its assets in securities of the index and in depositary receipts representing securities of the index. The index seeks to improve returns through a market cycle relative to traditional cap-weighted U.S. equity market indices and active U.S. equity market strategies.

Grade (RS Rating)

Last Trade

$53.83

Average Daily Volume

59,393

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

Performance

Period	FELV	ROUS
30 Days	4.38%	4.24%
60 Days	5.85%	4.66%
90 Days	7.57%	6.25%
12 Months	29.90%	30.06%

149 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in ROUS	Overlap
AAPL	C	0.19%	1.22%	0.19%
ABBV	D	0.85%	0.85%	0.85%
ABT	B	0.54%	0.14%	0.14%
ACN	C	0.34%	0.44%	0.34%
ADBE	C	0.37%	0.16%	0.16%
ADI	D	0.04%	0.09%	0.04%
ADM	D	0.1%	0.03%	0.03%
AEP	D	0.08%	0.22%	0.08%
AIZ	A	0.11%	0.09%	0.09%
ALKS	B	0.03%	0.27%	0.03%
ALL	A	0.19%	0.14%	0.14%
AMAT	F	0.42%	0.29%	0.29%
AMGN	D	0.15%	0.36%	0.15%
AMZN	C	0.08%	0.52%	0.08%
ANF	C	0.28%	0.05%	0.05%
ARW	D	0.06%	0.19%	0.06%
AVGO	D	0.12%	0.63%	0.12%
AXS	A	0.01%	0.37%	0.01%
AYI	B	0.02%	0.22%	0.02%
BAC	A	1.77%	0.11%	0.11%
BBY	D	0.15%	0.35%	0.15%
BK	A	0.63%	0.48%	0.48%
BLDR	D	0.01%	0.12%	0.01%
BMY	B	0.84%	0.32%	0.32%
BRK.A	B	3.64%	0.72%	0.72%
BSX	B	0.19%	0.14%	0.14%
C	A	0.48%	0.34%	0.34%
CACI	D	0.46%	0.24%	0.24%
CAH	B	0.3%	0.17%	0.17%
CAT	B	0.54%	0.19%	0.19%
CCI	D	0.57%	0.04%	0.04%
CI	F	0.6%	0.24%	0.24%
CINF	A	0.22%	0.5%	0.22%
CL	D	0.54%	0.43%	0.43%
CMCSA	B	1.13%	0.37%	0.37%
CMI	A	0.34%	0.48%	0.34%
CNC	D	0.23%	0.1%	0.1%
COF	B	0.47%	0.04%	0.04%
COP	C	0.56%	0.08%	0.08%
CRUS	D	0.09%	0.32%	0.09%
CSCO	B	1.07%	0.83%	0.83%
CTAS	B	0.43%	0.43%	0.43%
CVS	D	0.3%	0.44%	0.3%
CVX	A	0.53%	0.21%	0.21%
DBX	B	0.42%	0.43%	0.42%
DELL	C	0.08%	0.88%	0.08%
DGX	A	0.01%	0.27%	0.01%
DHI	D	0.03%	0.19%	0.03%
DTE	C	0.19%	0.23%	0.19%
DUK	C	0.28%	0.29%	0.28%
DVN	F	0.34%	0.1%	0.1%
EA	A	0.11%	0.77%	0.11%
ECL	D	0.5%	0.18%	0.18%
ED	D	0.22%	0.23%	0.22%
EIX	B	0.17%	0.12%	0.12%
ELV	F	0.11%	0.42%	0.11%
EOG	A	0.53%	0.63%	0.53%
EQR	B	0.17%	0.12%	0.12%
EXC	C	0.24%	0.08%	0.08%
EXEL	B	0.35%	0.29%	0.29%
FANG	D	0.09%	0.12%	0.09%
GD	F	0.14%	0.07%	0.07%
GILD	C	0.92%	0.7%	0.7%
GIS	D	0.05%	0.14%	0.05%
GLPI	C	0.05%	0.08%	0.05%
GLW	B	0.01%	0.54%	0.01%
GRMN	B	0.11%	0.3%	0.11%
HD	A	0.45%	0.81%	0.45%
HON	B	0.08%	0.05%	0.05%
HPE	B	0.21%	0.86%	0.21%
HUM	C	0.14%	0.53%	0.14%
IBM	C	0.27%	0.83%	0.27%
INCY	C	0.22%	0.44%	0.22%
INGR	B	0.04%	0.08%	0.04%
ITRI	B	0.02%	0.02%	0.02%
ITW	B	0.12%	0.26%	0.12%
JCI	C	0.21%	0.03%	0.03%
JNJ	D	1.02%	1.08%	1.02%
JPM	A	2.93%	0.81%	0.81%
KD	B	0.09%	0.22%	0.09%
KLAC	D	0.03%	0.28%	0.03%
KMB	D	0.14%	0.38%	0.14%
KR	B	0.31%	0.84%	0.31%
L	A	0.35%	0.1%	0.1%
LDOS	C	0.47%	0.11%	0.11%
LIN	D	0.46%	0.02%	0.02%
LMT	D	0.64%	0.38%	0.38%
LOW	D	0.07%	0.31%	0.07%
MA	C	0.28%	0.39%	0.28%
MCD	D	0.28%	0.14%	0.14%
MCK	B	0.09%	0.54%	0.09%
MDT	D	0.4%	0.17%	0.17%
META	D	0.21%	0.78%	0.21%
MKL	A	0.17%	0.33%	0.17%
MMM	D	0.6%	0.15%	0.15%
MO	A	0.28%	0.6%	0.28%
MSA	D	0.03%	0.02%	0.02%
MSI	B	0.2%	0.82%	0.2%
NEE	D	0.81%	0.09%	0.09%
NOC	D	0.63%	0.08%	0.08%
NTAP	C	0.12%	1.0%	0.12%
NVDA	C	0.17%	0.99%	0.17%
NWSA	B	0.06%	0.03%	0.03%
OC	A	0.22%	0.2%	0.2%
OGE	B	0.06%	0.08%	0.06%
OGN	D	0.02%	0.2%	0.02%
PCAR	B	0.39%	0.31%	0.31%
PEG	A	0.1%	0.24%	0.1%
PG	A	1.24%	0.64%	0.64%
PGR	A	0.35%	0.23%	0.23%
PHM	D	0.01%	0.29%	0.01%
PKG	A	0.13%	0.23%	0.13%
PM	B	1.31%	0.34%	0.34%
PNC	B	0.7%	0.21%	0.21%
PPG	F	0.57%	0.16%	0.16%
PRU	A	0.17%	0.25%	0.17%
PSA	D	0.52%	0.07%	0.07%
QCOM	F	0.5%	0.52%	0.5%
RGA	A	0.03%	0.14%	0.03%
ROP	B	0.01%	0.2%	0.01%
RSG	A	0.66%	0.2%	0.2%
SEE	C	0.25%	0.02%	0.02%
SO	D	0.12%	0.26%	0.12%
SON	D	0.01%	0.2%	0.01%
SPG	B	0.18%	0.07%	0.07%
STLD	B	0.33%	0.3%	0.3%
STT	A	0.15%	0.25%	0.15%
SWKS	F	0.13%	0.15%	0.13%
SYF	B	0.03%	0.31%	0.03%
SYK	C	0.26%	0.02%	0.02%
T	A	1.02%	0.89%	0.89%
TGT	F	0.01%	0.11%	0.01%
TJX	A	0.28%	0.28%	0.28%
TMUS	B	0.56%	0.76%	0.56%
TRV	B	0.28%	0.39%	0.28%
TT	A	0.52%	0.23%	0.23%
TXN	C	0.16%	0.65%	0.16%
UNH	C	1.57%	1.02%	1.02%
UNM	A	0.38%	0.41%	0.38%
VICI	C	0.25%	0.31%	0.25%
VMI	B	0.2%	0.1%	0.1%
VRTX	F	0.09%	0.36%	0.09%
VST	B	0.07%	0.16%	0.07%
VZ	C	0.68%	0.84%	0.68%
WFC	A	1.22%	0.22%	0.22%
WM	A	0.25%	0.31%	0.25%
WMT	A	1.76%	1.09%	1.09%
XEL	A	0.25%	0.27%	0.25%
XOM	B	2.51%	0.82%	0.82%

FELV Overweight 183 Positions Relative to ROUS

Symbol	Grade	Weight
GE	D	1.05%
SCHW	B	0.88%
MU	D	0.86%
PFE	D	0.85%
INTC	D	0.85%
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%
RTX	C	0.7%
SPGI	C	0.63%
CVNA	B	0.62%
AON	A	0.59%
SEIC	B	0.58%
CME	A	0.57%
NSC	B	0.57%
ALLE	D	0.54%
MS	A	0.54%
TXT	D	0.53%
ZM	B	0.52%
SSNC	B	0.5%
DD	D	0.48%
LHX	C	0.45%
WAB	B	0.45%
PCG	A	0.39%
MMC	B	0.38%
BLK	C	0.37%
IGT	F	0.36%
TPH	D	0.35%
EVRG	A	0.35%
BRX	A	0.35%
CSX	B	0.34%
NUE	C	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%
VMC	B	0.28%
VEEV	C	0.28%
TOL	B	0.28%
GL	B	0.28%
GEV	B	0.28%
TDC	D	0.27%
AME	A	0.26%
WTW	B	0.26%
CLX	B	0.25%
GAP	C	0.25%
FLS	B	0.25%
KMI	A	0.24%
TFC	A	0.24%
Z	A	0.22%
DOCU	A	0.22%
CRM	B	0.22%
DOC	D	0.22%
SKYW	B	0.21%
MGM	D	0.21%
AXP	A	0.2%
EQIX	A	0.2%
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%
ICE	C	0.18%
TMHC	B	0.18%
ZG	A	0.18%
DHR	F	0.17%
IQV	D	0.17%
LNW	D	0.17%
ACA	A	0.17%
CEG	D	0.17%
GEHC	F	0.16%
TAP	C	0.16%
QGEN	D	0.16%
MEDP	D	0.16%
CCK	C	0.16%
AES	F	0.16%
PFG	D	0.16%
CNP	B	0.15%
ILMN	D	0.15%
JXN	C	0.15%
RCL	A	0.15%
OXY	D	0.15%
WDC	D	0.14%
AMT	D	0.14%
HAL	C	0.13%
WDAY	B	0.13%
CCL	B	0.13%
ES	D	0.13%
TROW	B	0.13%
PH	A	0.12%
SOLV	C	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%
QRVO	F	0.11%
ENS	D	0.11%
ROST	C	0.11%
BCC	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%
MHO	D	0.1%
A	D	0.09%
TRGP	B	0.09%
CNO	A	0.09%
MTDR	B	0.09%
WBD	C	0.09%
GPN	B	0.09%
ACT	D	0.09%
TENB	C	0.08%
DASH	A	0.08%
MKC	D	0.08%
LH	C	0.08%
BBWI	D	0.08%
IFF	D	0.08%
ALRM	C	0.08%
CMG	B	0.07%
REG	B	0.07%
BYD	C	0.07%
LYFT	C	0.07%
WCC	B	0.07%
NWL	B	0.06%
EW	C	0.06%
UPS	C	0.06%
LEG	F	0.06%
VSTS	C	0.06%
MDLZ	F	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%
CW	B	0.05%
PLTK	B	0.05%
NEM	D	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%
BKH	A	0.04%
CTRE	D	0.04%
AXTA	A	0.03%
TFX	F	0.03%
UAL	A	0.03%
EXTR	B	0.03%
WS	B	0.03%
RJF	A	0.03%
NWS	B	0.03%
MATX	C	0.03%
AMD	F	0.02%
CWEN	C	0.02%
SWI	B	0.02%
OKTA	C	0.02%
BERY	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%
ANSS	B	0.01%
M	D	0.01%

FELV Underweight 196 Positions Relative to ROUS

Symbol	Grade	Weight
GOOGL	C	-1.26%
MSFT	F	-1.14%
HPQ	B	-1.07%
MRK	F	-0.84%
CVLT	B	-0.78%
CTSH	B	-0.75%
LLY	F	-0.75%
AVT	C	-0.69%
FICO	B	-0.67%
MUSA	A	-0.64%
ORCL	B	-0.64%
MTB	A	-0.62%
APH	A	-0.58%
FOXA	B	-0.58%
GWW	B	-0.58%
IT	C	-0.56%
COST	B	-0.56%
GDDY	A	-0.52%
NRG	B	-0.51%
SHW	A	-0.51%
ALSN	B	-0.49%
HRB	D	-0.49%
FAST	B	-0.49%
VLO	C	-0.47%
RPM	A	-0.44%
FFIV	B	-0.42%
UTHR	C	-0.42%
ACI	C	-0.41%
JNPR	F	-0.4%
V	A	-0.4%
MLI	C	-0.4%
EME	C	-0.39%
RS	B	-0.39%
NXPI	D	-0.38%
SW	A	-0.38%
CHRW	C	-0.38%
ETR	B	-0.37%
SANM	B	-0.37%
ORLY	B	-0.37%
FDX	B	-0.36%
VNT	B	-0.36%
VRSN	F	-0.36%
NYT	C	-0.35%
EBAY	D	-0.33%
CB	C	-0.33%
GPC	D	-0.33%
CDW	F	-0.33%
TER	D	-0.33%
LNG	B	-0.33%
NSIT	F	-0.32%
AZO	C	-0.32%
BMI	B	-0.32%
AFL	B	-0.32%
TSCO	D	-0.32%
ORI	A	-0.31%
ANET	C	-0.31%
YUM	B	-0.3%
RMD	C	-0.3%
RHI	B	-0.29%
WTM	A	-0.29%
GPI	A	-0.29%
CDNS	B	-0.29%
PEP	F	-0.28%
OTIS	C	-0.28%
HSY	F	-0.27%
RF	A	-0.27%
COR	B	-0.27%
EG	C	-0.26%
SYY	B	-0.26%
MPC	D	-0.26%
CASY	A	-0.26%
MAS	D	-0.26%
DLB	B	-0.25%
KEYS	A	-0.25%
SNX	C	-0.25%
LOPE	B	-0.25%
SNA	A	-0.25%
DCI	B	-0.24%
MANH	D	-0.24%
NVR	D	-0.24%
ACGL	D	-0.24%
NFG	A	-0.24%
AIT	A	-0.23%
BKNG	A	-0.23%
CRBG	B	-0.23%
LSTR	D	-0.23%
GPK	C	-0.23%
HBAN	A	-0.23%
R	B	-0.23%
WSM	B	-0.22%
AN	C	-0.22%
DKS	C	-0.21%
GEN	B	-0.21%
MCHP	D	-0.21%
HCA	F	-0.2%
PPL	B	-0.19%
SNPS	B	-0.19%
FLO	D	-0.19%
RDN	C	-0.19%
VRSK	A	-0.19%
WSO	A	-0.19%
DY	D	-0.18%
IRM	D	-0.18%
ADC	B	-0.17%
REGN	F	-0.17%
ASGN	F	-0.17%
FE	C	-0.17%
LRCX	F	-0.17%
UFPI	B	-0.17%
BAH	F	-0.17%
FITB	A	-0.17%
LYB	F	-0.17%
STX	D	-0.16%
RNR	C	-0.16%
JBL	B	-0.16%
CBT	C	-0.16%
SKX	D	-0.16%
OMC	C	-0.15%
MTG	C	-0.14%
O	D	-0.14%
SFM	A	-0.14%
RL	B	-0.14%
FLEX	A	-0.14%
BPOP	B	-0.14%
FCN	D	-0.14%
ROL	B	-0.14%
CMC	B	-0.14%
COKE	C	-0.13%
CHE	D	-0.13%
LAMR	D	-0.13%
USB	A	-0.13%
PANW	C	-0.13%
DOV	A	-0.13%
WEC	A	-0.13%
AEE	A	-0.13%
POR	C	-0.12%
LII	A	-0.12%
PSTG	D	-0.12%
AVB	B	-0.12%
MTD	D	-0.11%
INTU	C	-0.11%
UMBF	B	-0.1%
AMCR	D	-0.1%
FSS	B	-0.1%
HUBB	B	-0.09%
KO	D	-0.09%
WELL	A	-0.09%
CHRD	D	-0.09%
CBOE	B	-0.09%
BJ	A	-0.09%
ATR	B	-0.08%
JHG	A	-0.08%
ACIW	B	-0.08%
MMS	F	-0.08%
GWRE	A	-0.07%
APPF	B	-0.07%
SRE	A	-0.07%
NNN	D	-0.07%
FTNT	C	-0.07%
KNF	A	-0.07%
PTC	A	-0.06%
LNC	B	-0.06%
CSWI	A	-0.06%
SPSC	C	-0.06%
AWI	A	-0.05%
MOG.A	B	-0.05%
NOW	A	-0.05%
ADSK	A	-0.05%
BR	A	-0.05%
FELE	B	-0.04%
LFUS	F	-0.04%
EPRT	B	-0.04%
BCO	D	-0.04%
IP	B	-0.04%
D	C	-0.04%
AKAM	D	-0.04%
ITCI	C	-0.04%
NXST	C	-0.04%
CF	B	-0.03%
CIEN	B	-0.02%
PAYX	C	-0.02%
CHTR	C	-0.02%
VTR	C	-0.02%
EHC	B	-0.02%
OHI	C	-0.02%
PSX	C	-0.02%
FHN	A	-0.02%
AAON	B	-0.02%
SLGN	A	-0.02%
AIG	B	-0.02%
AVY	D	-0.01%
MPWR	F	-0.01%
MTH	D	-0.01%
ONB	B	-0.01%
AOS	F	-0.01%
WPC	D	-0.01%