FELV vs. USMF ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to WisdomTree U.S. Multifactor Fund (USMF)

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

USMF

WisdomTree U.S. Multifactor Fund

USMF Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.37

Average Daily Volume

25,306

Number of Holdings ^*

199

* may have additional holdings in another (foreign) market

Performance

Period	FELV	USMF
30 Days	4.38%	6.39%
60 Days	5.85%	7.88%
90 Days	7.57%	8.72%
12 Months	29.90%	32.34%

93 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in USMF	Overlap
ABBV	D	0.85%	0.37%	0.37%
ABT	B	0.54%	0.4%	0.4%
ADP	B	0.1%	0.41%	0.1%
ADTN	A	0.1%	0.4%	0.1%
AEP	D	0.08%	0.27%	0.08%
AIZ	A	0.11%	0.36%	0.11%
ALL	A	0.19%	0.36%	0.19%
AMT	D	0.14%	0.22%	0.14%
ANF	C	0.28%	0.39%	0.28%
AXP	A	0.2%	0.34%	0.2%
BERY	B	0.02%	0.34%	0.02%
BMRN	D	0.11%	0.2%	0.11%
BMY	B	0.84%	0.36%	0.36%
BRK.A	B	3.64%	0.37%	0.37%
BSX	B	0.19%	0.42%	0.19%
CACI	D	0.46%	0.43%	0.43%
CAH	B	0.3%	0.44%	0.3%
CCK	C	0.16%	0.37%	0.16%
CI	F	0.6%	0.28%	0.28%
CINF	A	0.22%	0.36%	0.22%
CL	D	0.54%	0.29%	0.29%
CMCSA	B	1.13%	0.93%	0.93%
CME	A	0.57%	0.37%	0.37%
CNC	D	0.23%	0.25%	0.23%
COP	C	0.56%	0.4%	0.4%
CRM	B	0.22%	0.99%	0.22%
CRUS	D	0.09%	0.5%	0.09%
DBX	B	0.42%	1.02%	0.42%
DGX	A	0.01%	0.41%	0.01%
DIS	B	0.8%	0.82%	0.8%
DOCU	A	0.22%	1.02%	0.22%
DUK	C	0.28%	0.3%	0.28%
DVN	F	0.34%	0.31%	0.31%
EA	A	0.11%	1.11%	0.11%
ECL	D	0.5%	0.45%	0.45%
EIX	B	0.17%	0.28%	0.17%
ELV	F	0.11%	0.3%	0.11%
EOG	A	0.53%	0.42%	0.42%
EXEL	B	0.35%	0.43%	0.35%
GAP	C	0.25%	0.35%	0.25%
GILD	C	0.92%	0.43%	0.43%
GIS	D	0.05%	0.27%	0.05%
GL	B	0.28%	0.14%	0.14%
GLPI	C	0.05%	0.32%	0.05%
HAL	C	0.13%	0.33%	0.13%
IBM	C	0.27%	1.32%	0.27%
INGR	B	0.04%	0.4%	0.04%
JNJ	D	1.02%	0.42%	0.42%
JPM	A	2.93%	0.39%	0.39%
KHC	F	0.12%	0.26%	0.12%
KMB	D	0.14%	0.31%	0.14%
KR	B	0.31%	0.34%	0.31%
L	A	0.35%	0.39%	0.35%
LDOS	C	0.47%	0.52%	0.47%
LH	C	0.08%	0.38%	0.08%
LHX	C	0.45%	0.36%	0.36%
LMT	D	0.64%	0.4%	0.4%
LPX	B	0.33%	0.29%	0.29%
MCK	B	0.09%	0.46%	0.09%
MKL	A	0.17%	0.33%	0.17%
MMM	D	0.6%	0.21%	0.21%
MO	A	0.28%	0.34%	0.28%
MSA	D	0.03%	0.34%	0.03%
MSI	B	0.2%	1.52%	0.2%
NTAP	C	0.12%	0.79%	0.12%
OGE	B	0.06%	0.34%	0.06%
PCAR	B	0.39%	0.37%	0.37%
PCG	A	0.39%	0.31%	0.31%
PG	A	1.24%	0.32%	0.32%
PGR	A	0.35%	0.35%	0.35%
PYPL	B	0.79%	0.23%	0.23%
RGA	A	0.03%	0.34%	0.03%
RJF	A	0.03%	0.4%	0.03%
ROP	B	0.01%	1.35%	0.01%
RSG	A	0.66%	0.4%	0.4%
SSNC	B	0.5%	0.36%	0.36%
SYF	B	0.03%	0.32%	0.03%
T	A	1.02%	1.05%	1.02%
TAP	C	0.16%	0.32%	0.16%
TJX	A	0.28%	0.85%	0.28%
TMO	F	0.73%	0.31%	0.31%
TMUS	B	0.56%	1.29%	0.56%
TRV	B	0.28%	0.37%	0.28%
UHS	D	0.12%	0.31%	0.12%
UNM	A	0.38%	0.38%	0.38%
VICI	C	0.25%	0.31%	0.25%
VZ	C	0.68%	0.87%	0.68%
WDAY	B	0.13%	0.81%	0.13%
WFC	A	1.22%	0.39%	0.39%
WM	A	0.25%	0.42%	0.25%
WMT	A	1.76%	0.35%	0.35%
XOM	B	2.51%	0.43%	0.43%
ZM	B	0.52%	1.07%	0.52%

FELV Overweight 239 Positions Relative to USMF

Symbol	Grade	Weight
BAC	A	1.77%
UNH	C	1.57%
PM	B	1.31%
CSCO	B	1.07%
GE	D	1.05%
SCHW	B	0.88%
MU	D	0.86%
PFE	D	0.85%
INTC	D	0.85%
NEE	D	0.81%
ETN	A	0.76%
UNP	C	0.75%
BDX	F	0.74%
SQ	B	0.7%
PNC	B	0.7%
RTX	C	0.7%
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%
NSC	B	0.57%
CAT	B	0.54%
ALLE	D	0.54%
MS	A	0.54%
TXT	D	0.53%
CVX	A	0.53%
PSA	D	0.52%
TT	A	0.52%
QCOM	F	0.5%
DD	D	0.48%
C	A	0.48%
COF	B	0.47%
LIN	D	0.46%
HD	A	0.45%
WAB	B	0.45%
CTAS	B	0.43%
AMAT	F	0.42%
MDT	D	0.4%
MMC	B	0.38%
ADBE	C	0.37%
BLK	C	0.37%
IGT	F	0.36%
TPH	D	0.35%
EVRG	A	0.35%
BRX	A	0.35%
CMI	A	0.34%
CSX	B	0.34%
ACN	C	0.34%
NUE	C	0.34%
GS	A	0.34%
FTV	C	0.33%
STLD	B	0.33%
F	C	0.33%
ZBRA	B	0.32%
CVS	D	0.3%
TWLO	A	0.3%
BIIB	F	0.3%
FR	C	0.28%
MCD	D	0.28%
VMC	B	0.28%
VEEV	C	0.28%
TOL	B	0.28%
MA	C	0.28%
GEV	B	0.28%
TDC	D	0.27%
SYK	C	0.26%
AME	A	0.26%
WTW	B	0.26%
CLX	B	0.25%
XEL	A	0.25%
SEE	C	0.25%
FLS	B	0.25%
EXC	C	0.24%
KMI	A	0.24%
TFC	A	0.24%
ED	D	0.22%
Z	A	0.22%
OC	A	0.22%
DOC	D	0.22%
INCY	C	0.22%
SKYW	B	0.21%
MGM	D	0.21%
META	D	0.21%
HPE	B	0.21%
JCI	C	0.21%
VMI	B	0.2%
EQIX	A	0.2%
PNR	A	0.19%
NFLX	A	0.19%
DTE	C	0.19%
USFD	A	0.19%
FTI	A	0.19%
MSCI	C	0.19%
AAPL	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%
NVDA	C	0.17%
DHR	F	0.17%
PRU	A	0.17%
IQV	D	0.17%
LNW	D	0.17%
ACA	A	0.17%
CEG	D	0.17%
EQR	B	0.17%
GEHC	F	0.16%
QGEN	D	0.16%
MEDP	D	0.16%
TXN	C	0.16%
AES	F	0.16%
PFG	D	0.16%
BBY	D	0.15%
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%
HUM	C	0.14%
GD	F	0.14%
PKG	A	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%
ITW	B	0.12%
AVGO	D	0.12%
SO	D	0.12%
WMB	A	0.12%
EEFT	B	0.12%
HWM	A	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%
AMH	D	0.11%
TPR	B	0.1%
ADM	D	0.1%
BKR	B	0.1%
CRC	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%
AMZN	C	0.08%
TENB	C	0.08%
DASH	A	0.08%
MKC	D	0.08%
DELL	C	0.08%
HON	B	0.08%
BBWI	D	0.08%
IFF	D	0.08%
ALRM	C	0.08%
VST	B	0.07%
CMG	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%
UPS	C	0.06%
LEG	F	0.06%
ARW	D	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%
ADI	D	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%
KLAC	D	0.03%
UAL	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%
ITRI	B	0.02%
BIO	D	0.02%
WOOF	D	0.02%
MWA	B	0.01%
TNL	A	0.01%
TGT	F	0.01%
FTDR	A	0.01%
MUR	D	0.01%
PHM	D	0.01%
CXT	B	0.01%
BLDR	D	0.01%
ANSS	B	0.01%
AXS	A	0.01%
SON	D	0.01%
GLW	B	0.01%
M	D	0.01%

FELV Underweight 106 Positions Relative to USMF

Symbol	Grade	Weight
APP	B	-1.61%
GDDY	A	-1.49%
VRSN	F	-1.43%
CTSH	B	-1.38%
TDY	B	-1.34%
FFIV	B	-1.31%
SNX	C	-1.17%
TYL	B	-1.12%
FOXA	B	-1.09%
FICO	B	-1.08%
GEN	B	-1.03%
CVLT	B	-1.01%
JNPR	F	-1.0%
AKAM	D	-0.96%
HPQ	B	-0.93%
DT	C	-0.92%
NYT	C	-0.88%
FTNT	C	-0.88%
ORLY	B	-0.82%
TXRH	C	-0.81%
DRI	B	-0.79%
EPAM	C	-0.76%
IPG	D	-0.75%
MUSA	A	-0.74%
AZO	C	-0.73%
LVS	C	-0.7%
ARMK	B	-0.69%
EBAY	D	-0.68%
INFA	D	-0.66%
NTNX	A	-0.64%
GM	B	-0.63%
HRB	D	-0.6%
EXPE	B	-0.53%
COR	B	-0.49%
FSLR	F	-0.48%
EHC	B	-0.44%
AMP	A	-0.43%
HOLX	D	-0.42%
FI	A	-0.42%
UTHR	C	-0.41%
ETR	B	-0.4%
IBKR	A	-0.4%
BR	A	-0.39%
DOV	A	-0.39%
HIG	B	-0.39%
GPK	C	-0.38%
VRSK	A	-0.38%
ZBH	C	-0.38%
PPC	C	-0.37%
ALSN	B	-0.37%
CHE	D	-0.37%
BRO	B	-0.36%
ACI	C	-0.36%
RLI	B	-0.36%
MRO	B	-0.35%
AFL	B	-0.35%
PRI	A	-0.35%
ORI	A	-0.35%
CNA	B	-0.35%
VOYA	B	-0.35%
J	F	-0.34%
AIG	B	-0.34%
EME	C	-0.34%
MRK	F	-0.34%
MLI	C	-0.34%
WRB	A	-0.33%
CBOE	B	-0.33%
NTRS	A	-0.33%
MTB	A	-0.32%
EWBC	A	-0.32%
VTRS	A	-0.32%
VLO	C	-0.32%
ELS	C	-0.32%
SYY	B	-0.31%
DE	A	-0.31%
NNN	D	-0.31%
HCA	F	-0.31%
BAH	F	-0.31%
CBSH	A	-0.31%
SAIC	F	-0.3%
FRT	B	-0.3%
POST	C	-0.3%
REYN	D	-0.3%
PNW	B	-0.3%
RYAN	B	-0.29%
SFM	A	-0.29%
MPC	D	-0.29%
MTG	C	-0.29%
CRS	A	-0.29%
THC	D	-0.28%
FCNCA	A	-0.28%
MAS	D	-0.28%
REGN	F	-0.28%
WPC	D	-0.27%
DVA	B	-0.27%
CAG	D	-0.26%
FDX	B	-0.26%
NBIX	C	-0.25%
DINO	D	-0.25%
FCN	D	-0.24%
HALO	F	-0.23%
PAYC	B	-0.23%
HII	D	-0.23%
APA	D	-0.22%
FMC	D	-0.18%
LNTH	D	-0.13%