FESM vs. AFSM ETF Comparison

Comparison of Fidelity Enhanced Small Cap ETF (FESM) to Active Factor Small Cap ETF (AFSM)
FESM

Fidelity Enhanced Small Cap ETF

FESM Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 2000® Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap 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

$35.21

Average Daily Volume

123,773

Number of Holdings *

567

* may have additional holdings in another (foreign) market
AFSM

Active Factor Small Cap ETF

AFSM Description The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.64

Average Daily Volume

15,693

Number of Holdings *

295

* may have additional holdings in another (foreign) market
Performance
Period FESM AFSM
30 Days 10.20% 7.72%
60 Days 9.69% 6.49%
90 Days 10.24% 6.95%
12 Months 41.78% 33.58%
136 Overlapping Holdings
Symbol Grade Weight in FESM Weight in AFSM Overlap
ACIW B 0.05% 0.02% 0.02%
ADMA B 0.1% 0.28% 0.1%
ADUS D 0.1% 0.4% 0.1%
AIT A 0.48% 0.14% 0.14%
ALKS B 0.21% 0.91% 0.21%
ALRM C 0.17% 0.14% 0.14%
AMPH D 0.07% 0.05% 0.05%
ANF C 0.8% 0.84% 0.8%
ANIP F 0.02% 0.35% 0.02%
APOG B 0.38% 0.36% 0.36%
AROC B 0.4% 0.69% 0.4%
ASC F 0.03% 0.2% 0.03%
AVNS F 0.18% 0.24% 0.18%
AXSM B 0.07% 0.19% 0.07%
BCC B 0.17% 0.72% 0.17%
BDC B 0.29% 0.39% 0.29%
BHE B 0.4% 0.28% 0.28%
BLBD D 0.04% 0.36% 0.04%
BMI B 0.4% 0.63% 0.4%
BPMC C 0.16% 0.35% 0.16%
BRC D 0.11% 0.15% 0.11%
CALM A 0.23% 0.78% 0.23%
CECO A 0.38% 0.14% 0.14%
CEIX A 0.26% 0.68% 0.26%
CMC B 0.13% 0.33% 0.13%
CMPR D 0.36% 0.2% 0.2%
CNK B 0.15% 0.32% 0.15%
CNXN C 0.19% 0.35% 0.19%
COKE C 0.33% 0.54% 0.33%
COLL F 0.07% 0.04% 0.04%
CORT B 0.22% 0.57% 0.22%
CPRX C 0.13% 0.88% 0.13%
CRAI B 0.21% 0.35% 0.21%
CRDO B 0.33% 0.28% 0.28%
CRS A 0.86% 0.93% 0.86%
CRVL A 0.04% 0.63% 0.04%
CSGS B 0.6% 0.14% 0.14%
CSWI A 0.17% 0.47% 0.17%
CTRE D 0.2% 0.08% 0.08%
CVLT B 0.79% 0.77% 0.77%
CVNA B 0.55% 0.54% 0.54%
CWCO C 0.03% 0.14% 0.03%
DAKT B 0.05% 0.85% 0.05%
EME C 0.56% 0.82% 0.56%
ENS D 0.62% 0.2% 0.2%
EOLS D 0.07% 0.04% 0.04%
EPAC B 0.23% 0.0% 0.0%
ETD C 0.15% 0.04% 0.04%
EXTR B 0.13% 0.2% 0.13%
FBP B 0.28% 0.33% 0.28%
FDP B 0.08% 0.63% 0.08%
FIX A 0.57% 0.84% 0.57%
FORM D 0.09% 0.04% 0.04%
FTDR A 0.08% 0.06% 0.06%
GEO B 0.14% 0.57% 0.14%
GFF A 0.34% 0.12% 0.12%
GIII D 0.03% 0.25% 0.03%
HAE C 0.14% 0.22% 0.14%
HALO F 0.16% 0.55% 0.16%
HCI C 0.11% 0.26% 0.11%
HIMS B 0.03% 0.42% 0.03%
HLX B 0.24% 0.23% 0.23%
HROW D 0.02% 0.14% 0.02%
HURN B 0.21% 0.28% 0.21%
HWKN B 0.54% 0.64% 0.54%
HY D 0.2% 0.17% 0.17%
INSW F 0.11% 0.21% 0.11%
INTA A 0.17% 0.26% 0.17%
JXN C 0.61% 0.72% 0.61%
KBH D 0.21% 0.51% 0.21%
KRYS B 0.1% 0.08% 0.08%
KTB B 0.08% 0.08% 0.08%
LGND B 0.09% 0.39% 0.09%
LMAT A 0.04% 0.24% 0.04%
LNTH D 0.06% 0.47% 0.06%
LPG F 0.05% 0.32% 0.05%
MATX C 0.39% 0.35% 0.35%
MCY A 0.03% 0.67% 0.03%
MED F 0.03% 0.23% 0.03%
MEDP D 0.07% 0.25% 0.07%
MHO D 0.61% 0.76% 0.61%
MOG.A B 0.26% 0.34% 0.26%
MTH D 0.31% 0.34% 0.31%
NMIH D 0.34% 0.58% 0.34%
NSSC D 0.04% 0.19% 0.04%
NTCT C 0.07% 0.23% 0.07%
ODP F 0.1% 0.3% 0.1%
OFG B 0.16% 0.54% 0.16%
ONTO D 0.05% 0.18% 0.05%
OSCR D 0.14% 0.14% 0.14%
OTTR C 0.12% 0.05% 0.05%
PCRX C 0.08% 0.13% 0.08%
PFS B 0.32% 0.32% 0.32%
PHR F 0.27% 0.04% 0.04%
PLAB C 0.21% 0.42% 0.21%
PRG C 0.56% 0.26% 0.26%
PRGS A 0.26% 0.39% 0.26%
PRK B 0.17% 0.59% 0.17%
PSN D 0.21% 0.24% 0.21%
QTWO A 0.73% 0.42% 0.42%
REZI A 0.4% 0.66% 0.4%
SANM B 0.39% 0.65% 0.39%
SBH C 0.19% 0.22% 0.19%
SCS C 0.08% 0.31% 0.08%
SFM A 0.99% 1.03% 0.99%
SKYW B 0.7% 1.22% 0.7%
SLG B 0.14% 0.65% 0.14%
SLVM B 0.1% 0.62% 0.1%
SPSC C 0.71% 0.09% 0.09%
STBA B 0.05% 0.54% 0.05%
STNG F 0.16% 0.16% 0.16%
SUPN C 0.01% 0.58% 0.01%
SWX B 0.32% 0.05% 0.05%
SXC A 0.29% 0.28% 0.28%
TARS B 0.08% 0.19% 0.08%
TCMD A 0.09% 0.3% 0.09%
TEX D 0.35% 0.46% 0.35%
TGTX B 0.1% 0.18% 0.1%
TILE B 0.23% 0.39% 0.23%
TMHC B 0.49% 0.7% 0.49%
TNC D 0.17% 0.18% 0.17%
TPH D 0.36% 0.07% 0.07%
TWST D 0.14% 0.12% 0.12%
UCTT D 0.54% 0.19% 0.19%
USLM A 0.12% 0.44% 0.12%
UVE B 0.05% 0.72% 0.05%
VCTR B 0.04% 0.21% 0.04%
VNDA C 0.05% 0.22% 0.05%
WABC B 0.21% 0.21% 0.21%
WFRD D 0.04% 0.4% 0.04%
WGO C 0.08% 0.07% 0.07%
WT B 0.58% 0.55% 0.55%
XRX F 0.18% 0.16% 0.16%
YEXT A 0.29% 0.11% 0.11%
YMAB F 0.02% 0.31% 0.02%
YOU D 0.31% 0.37% 0.31%
FESM Overweight 431 Positions Relative to AFSM
Symbol Grade Weight
FN D 0.7%
PAYO A 0.69%
LUMN C 0.69%
BGC C 0.67%
MWA B 0.61%
CRGY B 0.61%
IBP D 0.6%
AEO F 0.6%
MTX B 0.59%
NWBI B 0.59%
YELP C 0.57%
COMP B 0.57%
OUT A 0.56%
FUL F 0.54%
QLYS C 0.54%
LKFN B 0.53%
EXLS B 0.53%
FHI A 0.52%
UPBD B 0.51%
VMEO B 0.5%
AIR B 0.5%
LANC C 0.47%
ITRI B 0.47%
CODI B 0.46%
MXL C 0.45%
SIGI C 0.44%
TENB C 0.43%
BANF B 0.43%
INSM C 0.42%
MMSI B 0.42%
LMND B 0.41%
WTS B 0.41%
MTDR B 0.41%
GT C 0.4%
ACA A 0.39%
CBU B 0.38%
ESRT C 0.37%
ABCB B 0.37%
AAT B 0.37%
KNF A 0.37%
GH B 0.36%
FFIN B 0.36%
PECO A 0.36%
CNMD C 0.35%
VREX C 0.35%
BAND B 0.35%
GNW A 0.35%
FLR B 0.35%
UMBF B 0.34%
ATI D 0.33%
PCVX D 0.33%
SF B 0.33%
SXT B 0.33%
BBSI B 0.33%
VICR B 0.33%
NJR A 0.32%
KAR B 0.32%
STEP B 0.32%
ABM B 0.32%
IGT F 0.32%
KTOS B 0.3%
AX A 0.29%
EGHT C 0.29%
WK B 0.29%
CNO A 0.28%
WOOF D 0.28%
SNEX B 0.27%
TRN C 0.27%
MRTN C 0.26%
WSBC A 0.26%
LNW D 0.26%
EZPW A 0.25%
RVMD C 0.25%
IRTC D 0.25%
HQY B 0.25%
CPF A 0.24%
BUSE B 0.24%
BCO D 0.24%
WKC D 0.24%
CDP C 0.24%
HP B 0.24%
TRNO F 0.24%
FRME B 0.23%
PLXS B 0.23%
MAC B 0.23%
PDFS C 0.23%
NBR C 0.23%
HWC B 0.22%
PBH A 0.22%
SJW D 0.22%
CRC B 0.22%
RNST B 0.22%
DCO C 0.22%
HL D 0.21%
OPCH D 0.21%
ROCK C 0.21%
AXGN D 0.21%
TDS B 0.21%
SHAK C 0.21%
ZUO B 0.21%
AXL C 0.21%
OI C 0.21%
COMM D 0.2%
HNI B 0.2%
BL B 0.2%
UBSI B 0.2%
FULT A 0.2%
HSTM B 0.2%
MUR D 0.2%
PBI B 0.19%
SMTC B 0.19%
RNA D 0.19%
RMBS C 0.19%
PRO C 0.18%
AORT B 0.18%
TRTX B 0.18%
CADE B 0.18%
BVS D 0.18%
PJT A 0.18%
SFBS B 0.18%
ARLO C 0.17%
AWR B 0.17%
DBRG F 0.17%
PD C 0.17%
FLNC C 0.17%
SAH A 0.16%
PTCT B 0.16%
CYTK F 0.16%
DY D 0.16%
BOH B 0.16%
PLPC B 0.16%
DXPE B 0.16%
DOMO C 0.15%
FLXS B 0.15%
VRTS B 0.15%
VCYT B 0.15%
NFBK B 0.15%
RYTM C 0.15%
UCB A 0.15%
TVTX B 0.15%
CWT D 0.15%
AMSF B 0.15%
AMAL B 0.15%
CPS C 0.14%
LMB A 0.14%
VRE B 0.14%
MDGL B 0.14%
FBK B 0.14%
FOLD F 0.14%
GHC C 0.14%
EXPI C 0.14%
EWTX C 0.14%
ATRC C 0.13%
SRRK B 0.13%
WS B 0.13%
WSR A 0.13%
REPX A 0.13%
SRCE B 0.13%
AMRX C 0.12%
NRIX D 0.12%
BSIG A 0.12%
TRUP B 0.12%
ZEUS C 0.12%
CRNX C 0.12%
EAT A 0.12%
KREF D 0.12%
DK C 0.12%
AUB B 0.11%
HCAT D 0.11%
TREE F 0.11%
ACAD D 0.11%
CDNA D 0.11%
VTOL B 0.11%
CHX C 0.11%
ALTR B 0.11%
AMSC B 0.11%
AUR C 0.11%
LYTS B 0.11%
SKT B 0.11%
DYN F 0.11%
KURA F 0.1%
RKLB B 0.1%
SFL D 0.1%
BCPC B 0.1%
AGS A 0.1%
BCRX D 0.1%
ALE A 0.1%
GKOS B 0.1%
NGVC A 0.1%
INDB B 0.1%
LADR B 0.1%
GMRE F 0.1%
FLYW C 0.1%
FFBC A 0.1%
PL A 0.09%
VSTO A 0.09%
TNDM F 0.09%
FSS B 0.09%
MRC B 0.09%
ACLX C 0.09%
SPT C 0.09%
VBTX B 0.09%
AMBA B 0.09%
ARQT C 0.09%
ACMR F 0.09%
DIOD D 0.09%
HLIT D 0.09%
MYGN F 0.09%
EQC B 0.09%
TRUE B 0.09%
RDFN D 0.09%
PRLB A 0.08%
WSBF C 0.08%
TDOC C 0.08%
BSRR B 0.08%
LUNR B 0.08%
THR B 0.08%
KOD C 0.08%
RXRX F 0.08%
CDE D 0.08%
AKBA C 0.08%
CDMO B 0.08%
CATY B 0.08%
RUSHA C 0.08%
LTH C 0.08%
AIN C 0.08%
URBN C 0.08%
IRWD F 0.07%
KE C 0.07%
OPEN D 0.07%
JAMF F 0.07%
MYE F 0.07%
SEM B 0.07%
UNIT B 0.07%
LGF.A C 0.07%
REPL B 0.07%
AVD D 0.07%
NBTB B 0.07%
FISI A 0.07%
WVE C 0.07%
ATNI F 0.07%
ARAY D 0.07%
SNBR F 0.07%
PGC C 0.07%
BBIO F 0.07%
CTBI B 0.07%
HBI B 0.07%
HRTG C 0.07%
ADPT C 0.07%
EBS C 0.07%
DEA D 0.07%
BLKB B 0.07%
WMK C 0.07%
MCRI A 0.06%
CVBF A 0.06%
ALHC C 0.06%
SGMO C 0.06%
BOOT D 0.06%
ORGO B 0.06%
ARVN D 0.06%
RXO C 0.06%
RVNC F 0.06%
ORIC F 0.06%
CERS C 0.06%
BGS F 0.06%
CTKB C 0.06%
CDXS B 0.06%
SNDX F 0.06%
HURC C 0.06%
GIC D 0.06%
BKD D 0.06%
NARI C 0.06%
DNLI D 0.06%
RM D 0.06%
AGIO C 0.06%
WEAV B 0.06%
UEC B 0.06%
NUVB C 0.06%
NVAX F 0.06%
TMCI D 0.05%
COGT D 0.05%
LGF.A C 0.05%
AOSL C 0.05%
ARWR F 0.05%
TXRH C 0.05%
CCCC F 0.05%
NPAB B 0.05%
ATRO D 0.05%
PTON B 0.05%
PAHC C 0.05%
ANNX F 0.05%
UHT D 0.05%
RIG D 0.05%
QTRX F 0.05%
ARCT F 0.05%
NRDS C 0.05%
OPY B 0.05%
HNST B 0.05%
BY B 0.05%
OIS C 0.05%
SNCY C 0.05%
ERAS C 0.05%
AKRO B 0.05%
EE A 0.05%
APPN B 0.05%
IART C 0.05%
LPSN F 0.04%
STRO F 0.04%
CSR B 0.04%
ZNTL F 0.04%
IDYA F 0.04%
PTGX C 0.04%
UNFI A 0.04%
IOVA F 0.04%
ALLK D 0.04%
KALV D 0.04%
GERN D 0.04%
CXM C 0.04%
MSBI B 0.04%
OABI F 0.04%
NUVL D 0.04%
SAGE F 0.04%
NXRT B 0.04%
NSP D 0.04%
KLG C 0.04%
DSGN C 0.04%
BRSP B 0.04%
ALX D 0.04%
ETNB C 0.04%
BASE C 0.04%
BECN B 0.04%
COUR F 0.04%
ZIP F 0.04%
MLNK B 0.04%
RLAY F 0.03%
FIZZ C 0.03%
BEAM D 0.03%
ENTA F 0.03%
SANA F 0.03%
PDCO D 0.03%
PKE B 0.03%
TSHA C 0.03%
RLMD F 0.03%
RCKT F 0.03%
RMAX C 0.03%
ANIK F 0.03%
NPK B 0.03%
MBWM B 0.03%
IDT B 0.03%
ENSG D 0.03%
SHEN F 0.03%
FSTR B 0.03%
MTRN C 0.03%
HUMA F 0.03%
TSVT F 0.03%
PRTS C 0.03%
EDIT F 0.03%
CLDX F 0.03%
UVSP B 0.03%
FNKO D 0.03%
BDTX F 0.03%
ETWO F 0.03%
ARRY C 0.03%
VSCO B 0.03%
ICFI F 0.03%
UFPI B 0.03%
TERN F 0.03%
MGNX F 0.03%
VYGR F 0.03%
BHLB B 0.03%
CHGG D 0.03%
FATE F 0.03%
VCEL B 0.03%
GRC A 0.03%
HRTX F 0.03%
CCBG B 0.02%
ANGO D 0.02%
CTMX F 0.02%
EB C 0.02%
SSTK F 0.02%
SVRA D 0.02%
ALEC F 0.02%
NTLA F 0.02%
DIN C 0.02%
ONTF C 0.02%
TNYA C 0.02%
NKTR F 0.02%
DVAX C 0.02%
MQ F 0.02%
PGEN F 0.02%
TNET D 0.02%
ZIMV D 0.02%
ALT C 0.02%
CRBU F 0.02%
UPLD C 0.02%
NKTX F 0.02%
ABUS D 0.02%
MCB B 0.02%
TCBK B 0.02%
ONB B 0.02%
SPOK C 0.02%
MRSN D 0.02%
JBSS D 0.02%
XNCR B 0.02%
PBYI C 0.02%
GPRE F 0.02%
ACET F 0.02%
TSE F 0.02%
PRAA C 0.02%
DOC D 0.02%
KPTI C 0.02%
ABSI F 0.02%
FCF A 0.02%
VERA B 0.02%
KYMR D 0.02%
NABL F 0.02%
SWTX C 0.02%
GCI D 0.02%
BRY F 0.02%
SPCE D 0.01%
STNE F 0.01%
INO F 0.01%
ALVR F 0.01%
ZDGE F 0.01%
FGEN D 0.01%
IMVT F 0.01%
ADAP F 0.01%
CHRS D 0.01%
SMMT D 0.01%
XBIT F 0.01%
RCKY F 0.01%
FESM Underweight 159 Positions Relative to AFSM
Symbol Grade Weight
MLI C -1.38%
IDCC A -1.19%
NHC C -1.15%
PFBC B -0.88%
STRL B -0.86%
MTG C -0.76%
RDN C -0.72%
TBBK B -0.69%
GMED A -0.65%
COOP B -0.64%
HSII B -0.63%
GMS B -0.6%
NTB B -0.59%
NHI D -0.57%
BRBR A -0.57%
EGBN B -0.56%
TGNA B -0.56%
POWL C -0.55%
BTU B -0.55%
BXC B -0.55%
UFPT B -0.55%
ZETA D -0.54%
MUSA A -0.54%
CHCO B -0.54%
APPF B -0.51%
ACT D -0.51%
PRDO B -0.51%
PLUS F -0.51%
BELFB C -0.51%
DOLE D -0.5%
DDS B -0.5%
AMWD C -0.5%
PI D -0.49%
PINC B -0.47%
DFIN D -0.45%
HRB D -0.43%
AMR C -0.42%
RMR F -0.4%
SIG B -0.39%
IESC B -0.39%
EVER F -0.39%
INMD C -0.38%
VRNT C -0.38%
LRN A -0.38%
RDNT B -0.37%
WNC C -0.37%
IIPR D -0.37%
LOPE B -0.36%
CASH A -0.36%
CAL D -0.36%
M D -0.36%
HIW D -0.35%
HRMY D -0.35%
ESNT D -0.35%
TRMK B -0.34%
PBF D -0.34%
MD B -0.34%
ATGE B -0.32%
PDM D -0.32%
ATKR C -0.31%
RXST F -0.31%
CUZ B -0.31%
IBOC A -0.31%
DNOW B -0.3%
VIRT B -0.3%
AKR B -0.3%
GRBK D -0.3%
BKE B -0.3%
SBRA C -0.29%
THFF B -0.29%
PHIN A -0.29%
SPNS F -0.29%
DXC B -0.29%
HUBG A -0.29%
BKH A -0.28%
BNL D -0.28%
HCC B -0.28%
TWI F -0.28%
AZZ B -0.28%
ITCI C -0.27%
BKU A -0.27%
CCRN F -0.26%
ASO F -0.26%
VRNS D -0.26%
AGX B -0.25%
GNK D -0.25%
ABG B -0.25%
PIPR B -0.25%
PRM C -0.25%
HDSN F -0.24%
SMP B -0.22%
IMKTA C -0.22%
NUS D -0.22%
KN B -0.22%
NX C -0.21%
KRC C -0.2%
BLFS C -0.2%
PK B -0.2%
DHT F -0.2%
AMKR D -0.2%
NAVI C -0.19%
SGBX F -0.19%
GOGL F -0.19%
TMDX F -0.19%
TPC C -0.18%
SIGA F -0.18%
HOV D -0.17%
SD D -0.17%
ASGN F -0.17%
NVST B -0.17%
ADNT F -0.16%
METC C -0.15%
GES F -0.15%
SCSC B -0.15%
VSH D -0.15%
SCVL F -0.14%
AYI B -0.14%
NECB B -0.14%
KELYA F -0.14%
EIG B -0.13%
MOV C -0.13%
ALKT B -0.13%
CLW F -0.12%
MRVI F -0.12%
INVA D -0.11%
AMCX C -0.11%
CHRD D -0.11%
MAX F -0.1%
ASTH D -0.1%
RAMP C -0.1%
CGEM F -0.09%
MLKN D -0.08%
PEBK B -0.08%
ATLO D -0.07%
APAM B -0.06%
GRND A -0.06%
KSS F -0.06%
JWN C -0.06%
ANDE D -0.05%
NSIT F -0.05%
REVG B -0.05%
OGS A -0.05%
ATEN B -0.05%
CTS C -0.05%
OMI F -0.05%
LBRT D -0.04%
AMN F -0.04%
TDC D -0.04%
HE C -0.04%
SEMR B -0.04%
JBI F -0.03%
VITL D -0.03%
EMBC C -0.03%
RYI C -0.03%
SWI B -0.03%
ACLS F -0.02%
PGNY F -0.02%
MITK C -0.0%
MAIN A -0.0%
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