FESM vs. DVAL ETF Comparison

Comparison of Fidelity Enhanced Small Cap ETF (FESM) to Dynamic US Large Cap Value ETF (DVAL)
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
DVAL

Dynamic US Large Cap Value ETF

DVAL Description Dynamic US Large Cap Value ETF is an exchange traded fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. and Brandywine Global Investment Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. The fund employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 1000 Value Index and the S&P 500 Index. It employs proprietary research to create its portfolio. Dynamic US Large Cap Value ETF was formed on December 27, 2006 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$14.92

Average Daily Volume

7,020

Number of Holdings *

110

* may have additional holdings in another (foreign) market
Performance
Period FESM DVAL
30 Days 10.20% 4.63%
60 Days 9.69% 5.94%
90 Days 10.24% 7.93%
12 Months 41.78% 28.10%
4 Overlapping Holdings
Symbol Grade Weight in FESM Weight in DVAL Overlap
BCC B 0.17% 0.26% 0.17%
CHX C 0.11% 0.1% 0.1%
COKE C 0.33% 0.22% 0.22%
KBH D 0.21% 0.33% 0.21%
FESM Overweight 563 Positions Relative to DVAL
Symbol Grade Weight
SFM A 0.99%
CRS A 0.86%
ANF C 0.8%
CVLT B 0.79%
QTWO A 0.73%
SPSC C 0.71%
FN D 0.7%
SKYW B 0.7%
PAYO A 0.69%
LUMN C 0.69%
BGC C 0.67%
ENS D 0.62%
MWA B 0.61%
MHO D 0.61%
JXN C 0.61%
CRGY B 0.61%
IBP D 0.6%
AEO F 0.6%
CSGS B 0.6%
MTX B 0.59%
NWBI B 0.59%
WT B 0.58%
YELP C 0.57%
COMP B 0.57%
FIX A 0.57%
PRG C 0.56%
OUT A 0.56%
EME C 0.56%
CVNA B 0.55%
UCTT D 0.54%
FUL F 0.54%
QLYS C 0.54%
HWKN B 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%
TMHC B 0.49%
AIT A 0.48%
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%
REZI A 0.4%
GT C 0.4%
BMI B 0.4%
AROC B 0.4%
BHE B 0.4%
MATX C 0.39%
ACA A 0.39%
SANM B 0.39%
CECO A 0.38%
APOG B 0.38%
CBU B 0.38%
ESRT C 0.37%
ABCB B 0.37%
AAT B 0.37%
KNF A 0.37%
GH B 0.36%
TPH D 0.36%
FFIN B 0.36%
CMPR D 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%
TEX D 0.35%
UMBF B 0.34%
GFF A 0.34%
NMIH D 0.34%
ATI D 0.33%
CRDO B 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%
PFS B 0.32%
KAR B 0.32%
SWX B 0.32%
STEP B 0.32%
ABM B 0.32%
IGT F 0.32%
MTH D 0.31%
YOU D 0.31%
KTOS B 0.3%
YEXT A 0.29%
AX A 0.29%
EGHT C 0.29%
SXC A 0.29%
WK B 0.29%
BDC B 0.29%
CNO A 0.28%
WOOF D 0.28%
FBP B 0.28%
SNEX B 0.27%
PHR F 0.27%
TRN C 0.27%
MRTN C 0.26%
CEIX A 0.26%
WSBC A 0.26%
MOG.A B 0.26%
PRGS A 0.26%
LNW D 0.26%
EZPW A 0.25%
RVMD C 0.25%
IRTC D 0.25%
HQY B 0.25%
HLX B 0.24%
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%
EPAC B 0.23%
TILE B 0.23%
CALM A 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%
CORT B 0.22%
CRC B 0.22%
RNST B 0.22%
DCO C 0.22%
HL D 0.21%
OPCH D 0.21%
HURN B 0.21%
ROCK C 0.21%
AXGN D 0.21%
TDS B 0.21%
WABC B 0.21%
SHAK C 0.21%
ZUO B 0.21%
CRAI B 0.21%
ALKS B 0.21%
AXL C 0.21%
PLAB C 0.21%
OI C 0.21%
PSN D 0.21%
COMM D 0.2%
HNI B 0.2%
BL B 0.2%
HY D 0.2%
UBSI B 0.2%
FULT A 0.2%
CTRE D 0.2%
HSTM B 0.2%
MUR D 0.2%
CNXN C 0.19%
PBI B 0.19%
SMTC B 0.19%
RNA D 0.19%
SBH C 0.19%
RMBS C 0.19%
AVNS F 0.18%
PRO C 0.18%
AORT B 0.18%
TRTX B 0.18%
CADE B 0.18%
BVS D 0.18%
XRX F 0.18%
PJT A 0.18%
SFBS B 0.18%
ALRM C 0.17%
ARLO C 0.17%
AWR B 0.17%
DBRG F 0.17%
CSWI A 0.17%
PRK B 0.17%
PD C 0.17%
TNC D 0.17%
FLNC C 0.17%
INTA A 0.17%
OFG B 0.16%
SAH A 0.16%
HALO F 0.16%
PTCT B 0.16%
STNG F 0.16%
CYTK F 0.16%
DY D 0.16%
BPMC C 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%
ETD C 0.15%
VCYT B 0.15%
CNK 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%
GEO B 0.14%
CPS C 0.14%
LMB A 0.14%
TWST D 0.14%
VRE B 0.14%
MDGL B 0.14%
FBK B 0.14%
FOLD F 0.14%
HAE C 0.14%
SLG B 0.14%
GHC C 0.14%
OSCR D 0.14%
EXPI C 0.14%
EWTX C 0.14%
EXTR B 0.13%
CMC B 0.13%
ATRC C 0.13%
SRRK B 0.13%
WS B 0.13%
CPRX C 0.13%
WSR A 0.13%
REPX A 0.13%
SRCE B 0.13%
OTTR C 0.12%
AMRX C 0.12%
NRIX D 0.12%
USLM A 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%
HCI C 0.11%
ALTR B 0.11%
AMSC B 0.11%
BRC D 0.11%
INSW F 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%
SLVM B 0.1%
AGS A 0.1%
BCRX D 0.1%
ODP F 0.1%
ALE A 0.1%
GKOS B 0.1%
ADMA B 0.1%
NGVC A 0.1%
ADUS D 0.1%
INDB B 0.1%
KRYS B 0.1%
LADR B 0.1%
GMRE F 0.1%
TGTX B 0.1%
FLYW C 0.1%
FFBC A 0.1%
PL A 0.09%
VSTO A 0.09%
TNDM F 0.09%
TCMD A 0.09%
FSS B 0.09%
MRC B 0.09%
ACLX C 0.09%
SPT C 0.09%
LGND B 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%
FORM D 0.09%
TRUE B 0.09%
RDFN D 0.09%
WGO C 0.08%
PRLB A 0.08%
FTDR 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%
FDP B 0.08%
CDE D 0.08%
AKBA C 0.08%
CDMO B 0.08%
PCRX C 0.08%
CATY B 0.08%
RUSHA C 0.08%
TARS B 0.08%
LTH C 0.08%
KTB B 0.08%
AIN C 0.08%
URBN C 0.08%
SCS C 0.08%
MEDP D 0.07%
AXSM B 0.07%
EOLS D 0.07%
IRWD F 0.07%
AMPH D 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%
NTCT C 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%
COLL F 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%
LNTH D 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%
UVE B 0.05%
ARWR F 0.05%
ACIW B 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%
DAKT B 0.05%
LPG F 0.05%
UHT D 0.05%
RIG D 0.05%
QTRX F 0.05%
VNDA C 0.05%
ARCT F 0.05%
NRDS C 0.05%
OPY B 0.05%
ONTO D 0.05%
HNST B 0.05%
BY B 0.05%
STBA 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%
LMAT A 0.04%
LPSN F 0.04%
STRO F 0.04%
CSR B 0.04%
ZNTL F 0.04%
IDYA F 0.04%
BLBD D 0.04%
PTGX C 0.04%
WFRD D 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%
CRVL A 0.04%
BASE C 0.04%
VCTR B 0.04%
BECN B 0.04%
COUR F 0.04%
NSSC D 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%
GIII D 0.03%
RMAX C 0.03%
ANIK F 0.03%
NPK B 0.03%
MED F 0.03%
MBWM B 0.03%
IDT B 0.03%
ENSG D 0.03%
SHEN F 0.03%
HIMS B 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%
CWCO C 0.03%
CLDX F 0.03%
UVSP B 0.03%
FNKO D 0.03%
BDTX F 0.03%
ASC F 0.03%
ETWO F 0.03%
ARRY C 0.03%
VSCO B 0.03%
ICFI F 0.03%
UFPI B 0.03%
MCY A 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%
YMAB F 0.02%
NABL F 0.02%
SWTX C 0.02%
HROW D 0.02%
GCI D 0.02%
BRY F 0.02%
ANIP 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%
SUPN C 0.01%
RCKY F 0.01%
FESM Underweight 106 Positions Relative to DVAL
Symbol Grade Weight
LMT D -4.4%
CMCSA B -4.34%
IBM C -4.21%
DE A -3.88%
TMUS B -3.65%
HON B -3.53%
CSCO B -3.43%
GM B -3.32%
CAT B -3.17%
COP C -3.1%
MPC D -2.74%
PYPL B -2.36%
CVX A -2.2%
BLDR D -1.86%
JNJ D -1.56%
AXP A -1.5%
LYB F -1.44%
STLD B -1.41%
WMT A -1.37%
MMM D -1.33%
WMB A -1.32%
VLO C -1.26%
PCAR B -1.2%
NUE C -1.15%
CSL C -1.06%
PHM D -1.05%
EXPD D -1.04%
KHC F -0.98%
RS B -0.97%
PG A -0.96%
GIS D -0.95%
SCI B -0.93%
OC A -0.9%
JBL B -0.89%
CF B -0.83%
EBAY D -0.78%
NRG B -0.77%
MGM D -0.76%
CRBG B -0.74%
PSX C -0.71%
WFC A -0.71%
BG F -0.7%
BMY B -0.68%
DRI B -0.67%
MLM B -0.66%
EXPE B -0.66%
ORI A -0.65%
IPG D -0.65%
MRO B -0.64%
NVR D -0.64%
AMGN D -0.63%
AN C -0.62%
CPAY A -0.6%
EQH B -0.6%
AFG A -0.58%
EOG A -0.53%
BERY B -0.52%
DIS B -0.52%
FOXA B -0.51%
TXT D -0.5%
WH B -0.49%
EVR B -0.48%
ARMK B -0.47%
OMF A -0.45%
SYY B -0.45%
MTG C -0.45%
VZ C -0.43%
NXST C -0.42%
TRMB B -0.41%
AMG B -0.4%
FLEX A -0.4%
TRGP B -0.37%
MRK F -0.35%
BC C -0.35%
RL B -0.33%
DVA B -0.31%
SAIC F -0.31%
TOL B -0.31%
MUSA A -0.29%
R B -0.28%
DKS C -0.27%
RHI B -0.26%
AM A -0.25%
EMN D -0.23%
AOS F -0.23%
EXP A -0.22%
BLD D -0.2%
PVH C -0.19%
H B -0.18%
SNX C -0.18%
INGR B -0.17%
CBT C -0.17%
CNM D -0.17%
FANG D -0.15%
MDU D -0.14%
NEU C -0.14%
FMC D -0.13%
WEX D -0.13%
BYD C -0.13%
GPK C -0.1%
TPR B -0.09%
RDN C -0.08%
OMC C -0.05%
WSC D -0.04%
VOYA B -0.04%
WCC B -0.0%
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