FFLC vs. EVUS ETF Comparison

Comparison of Fidelity Fundamental Large Cap Core ETF (FFLC) to iShares ESG Aware MSCI USA Value ETF (EVUS)

FFLC

Fidelity Fundamental Large Cap Core ETF

FFLC Description

FFLC seeks to achieve long-term capital growth by investing in a global core equity portfolio of large-cap stocks. The adviser generally defines large caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The portfolio includes stocks with growth and/or value characteristics. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity New Millennium ETF under the ticker FMIL. The fund previously used a semitransparent ETF structure.

Grade (RS Rating)

Last Trade

$47.24

Average Daily Volume

103,927

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EVUS

iShares ESG Aware MSCI USA Value ETF

EVUS Description

EVUS tracks an index of large- and mid-cap US value stocks perceived to have positive ESG characteristics. The parent index, MSCI USA Value Index, identifies value stocks through book value-to-price ratio, 12-month forward earnings-to-price ratio, and dividend yield. Securities are then screened to exclude companies involved in controversial businesses and issues (e.g., weapons, tobacco, climate change issues). All selected securities are assigned an ESG score that evaluates a companys exposure to key ESG issues based on the companys business segment and geographic risk, as well as their strategies and programs to manage these risks and opportunities. Using a sector-specific weighting model, companies are rated and ranked against industry peers. The quantitative process leans toward higher-rated stocks while also considering market-cap and constraints based on the parent index. The fund may engage in securities lending. The index is reviewed and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$30.74

Average Daily Volume

1,444

Number of Holdings ^*

234

* may have additional holdings in another (foreign) market

Performance

Period	FFLC	EVUS
30 Days	2.14%	2.65%
60 Days	3.92%	3.47%
90 Days	6.30%	6.09%
12 Months	37.29%	29.50%

37 Overlapping Holdings

Symbol	Grade	Weight in FFLC	Weight in EVUS	Overlap
ABBV	D	0.61%	0.92%	0.61%
AMT	D	0.43%	0.59%	0.43%
AVGO	D	1.98%	2.9%	1.98%
BAC	A	2.18%	1.33%	1.33%
BMY	B	0.92%	0.42%	0.42%
CB	C	0.73%	0.13%	0.13%
CCI	D	0.61%	0.6%	0.6%
CI	F	1.23%	0.58%	0.58%
CMCSA	B	1.69%	0.4%	0.4%
COR	B	0.37%	0.49%	0.37%
CSCO	B	1.1%	1.01%	1.01%
EIX	B	1.31%	0.28%	0.28%
ELV	F	0.63%	0.65%	0.63%
ETN	A	1.02%	0.29%	0.29%
FDX	B	0.58%	0.23%	0.23%
FI	A	1.34%	0.38%	0.38%
GEN	B	0.37%	0.11%	0.11%
GEV	B	0.87%	0.23%	0.23%
GILD	C	0.27%	0.96%	0.27%
HII	D	0.29%	0.12%	0.12%
IP	B	0.18%	0.16%	0.16%
KDP	D	1.0%	0.21%	0.21%
KO	D	0.94%	1.67%	0.94%
LIN	D	0.2%	0.49%	0.2%
LOW	D	1.06%	0.74%	0.74%
NOC	D	0.25%	0.4%	0.25%
ORCL	B	0.97%	1.31%	0.97%
PNC	B	1.01%	0.62%	0.62%
REGN	F	0.75%	0.22%	0.22%
TMO	F	1.18%	0.11%	0.11%
TRV	B	0.87%	0.46%	0.46%
UNH	C	1.72%	2.04%	1.72%
UPS	C	0.78%	0.32%	0.32%
URI	B	0.92%	0.27%	0.27%
USB	A	0.94%	0.28%	0.28%
WFC	A	1.82%	0.28%	0.28%
XOM	B	2.88%	1.54%	1.54%

FFLC Overweight 50 Positions Relative to EVUS

Symbol	Grade	Weight
MSFT	F	6.98%
NVDA	C	5.71%
META	D	4.7%
AAPL	C	4.26%
GOOGL	C	3.2%
AMZN	C	2.89%
LLY	F	1.85%
SO	D	1.72%
GE	D	1.61%
BSX	B	1.35%
V	A	1.31%
SAP	B	1.15%
CEG	D	1.06%
KVUE	A	1.04%
INTU	C	1.0%
TSM	B	0.97%
MA	C	0.85%
APH	A	0.85%
MOD	A	0.84%
ALSN	B	0.83%
RPRX	D	0.76%
BA	F	0.72%
VRT	B	0.66%
HRB	D	0.64%
COST	B	0.63%
UBER	D	0.61%
APO	B	0.61%
KNX	B	0.59%
WSO	A	0.56%
NVO	D	0.53%
DOX	D	0.53%
HLT	A	0.52%
MLM	B	0.49%
DEO	F	0.43%
MAR	B	0.42%
AJG	B	0.41%
WSM	B	0.4%
GD	F	0.38%
LEN	D	0.36%
ABNB	C	0.33%
GSK	F	0.3%
TMUS	B	0.2%
MELI	D	0.2%
DKS	C	0.19%
SPR	D	0.19%
ASML	F	0.18%
SPG	B	0.18%
KBR	F	0.17%
LNG	B	0.03%
MRVL	B	0.02%

FFLC Underweight 197 Positions Relative to EVUS

Symbol	Grade	Weight
JPM	A	-2.81%
HD	A	-2.07%
PG	A	-1.5%
TXN	C	-1.47%
JNJ	D	-1.43%
CVX	A	-1.26%
ADP	B	-1.24%
BRK.A	B	-1.19%
IBM	C	-1.17%
MS	A	-1.07%
PRU	A	-1.02%
PEG	A	-0.96%
AXP	A	-0.9%
K	A	-0.89%
DIS	B	-0.88%
HON	B	-0.86%
PEP	F	-0.84%
GS	A	-0.84%
COP	C	-0.82%
NEE	D	-0.82%
KMI	A	-0.81%
RTX	C	-0.79%
VZ	C	-0.79%
CMI	A	-0.78%
OKE	A	-0.77%
CRH	A	-0.76%
CAT	B	-0.75%
AMGN	D	-0.74%
BK	A	-0.74%
BR	A	-0.73%
DHR	F	-0.7%
C	A	-0.69%
NI	A	-0.67%
SPGI	C	-0.65%
ECL	D	-0.64%
PNR	A	-0.63%
MCD	D	-0.63%
QCOM	F	-0.63%
EQIX	A	-0.61%
GIS	D	-0.6%
MMM	D	-0.6%
INTC	D	-0.57%
ACN	C	-0.56%
PFE	D	-0.55%
NXPI	D	-0.52%
MRK	F	-0.52%
MET	A	-0.52%
EXPD	D	-0.51%
HIG	B	-0.47%
DLR	B	-0.47%
SYF	B	-0.47%
WELL	A	-0.46%
DFS	B	-0.45%
FERG	B	-0.43%
ZTS	D	-0.43%
CLX	B	-0.43%
TGT	F	-0.43%
DE	A	-0.43%
EA	A	-0.41%
XYL	D	-0.41%
MU	D	-0.41%
KR	B	-0.41%
SCHW	B	-0.4%
CARR	D	-0.4%
CHRW	C	-0.4%
LKQ	D	-0.39%
PGR	A	-0.39%
OVV	B	-0.39%
JCI	C	-0.38%
NDAQ	A	-0.38%
T	A	-0.38%
CMS	C	-0.38%
SBUX	A	-0.37%
KMB	D	-0.36%
FLUT	A	-0.36%
KEYS	A	-0.35%
CBRE	B	-0.35%
HPE	B	-0.35%
ANSS	B	-0.35%
EXC	C	-0.35%
PPG	F	-0.34%
IRM	D	-0.34%
PSX	C	-0.33%
TAP	C	-0.33%
BG	F	-0.32%
BKR	B	-0.31%
BLK	C	-0.31%
CAH	B	-0.31%
STE	F	-0.3%
DGX	A	-0.3%
HCA	F	-0.3%
COO	D	-0.3%
DAL	C	-0.3%
PLD	D	-0.3%
HBAN	A	-0.29%
CHD	B	-0.29%
NEM	D	-0.28%
D	C	-0.28%
BBY	D	-0.28%
SLB	C	-0.28%
FTV	C	-0.27%
ADI	D	-0.27%
WY	D	-0.26%
KHC	F	-0.26%
ED	D	-0.25%
NUE	C	-0.25%
FIS	C	-0.25%
TFC	A	-0.24%
PYPL	B	-0.24%
MMC	B	-0.24%
CNH	C	-0.24%
ABT	B	-0.24%
ES	D	-0.23%
ZBH	C	-0.23%
AFL	B	-0.23%
TSCO	D	-0.23%
FBIN	D	-0.23%
VLO	C	-0.23%
LH	C	-0.22%
WTRG	B	-0.21%
J	F	-0.21%
OC	A	-0.21%
TRMB	B	-0.2%
AIZ	A	-0.2%
A	D	-0.19%
FDS	B	-0.19%
COF	B	-0.18%
TJX	A	-0.18%
CNC	D	-0.18%
STT	A	-0.18%
MRO	B	-0.18%
HPQ	B	-0.17%
IEX	B	-0.17%
EQT	B	-0.16%
ACGL	D	-0.16%
DHI	D	-0.16%
NTRS	A	-0.16%
JBHT	C	-0.16%
WMB	A	-0.16%
IR	B	-0.15%
TWLO	A	-0.15%
TFX	F	-0.15%
ALLE	D	-0.15%
HOLX	D	-0.14%
WTW	B	-0.14%
MKC	D	-0.14%
HUBB	B	-0.14%
PHM	D	-0.13%
ROK	B	-0.13%
FOX	A	-0.13%
HRL	D	-0.12%
BXP	D	-0.12%
AKAM	D	-0.12%
IFF	D	-0.12%
PFG	D	-0.12%
CPB	D	-0.12%
PAYX	C	-0.12%
LDOS	C	-0.11%
ADM	D	-0.11%
PSA	D	-0.11%
SOLV	C	-0.11%
CBOE	B	-0.11%
AZPN	A	-0.11%
WDC	D	-0.11%
JNPR	F	-0.11%
MKTX	D	-0.11%
APD	A	-0.11%
STLD	B	-0.11%
FANG	D	-0.11%
CCK	C	-0.1%
DD	D	-0.1%
BALL	D	-0.1%
NTAP	C	-0.1%
HUM	C	-0.1%
BIIB	F	-0.1%
DOW	F	-0.1%
RMD	C	-0.1%
ITW	B	-0.1%
FSLR	F	-0.1%
DOV	A	-0.1%
ICE	C	-0.1%
CAG	D	-0.09%
MDLZ	F	-0.09%
TTC	D	-0.09%
AVTR	F	-0.09%
CVS	D	-0.09%
KMX	B	-0.09%
ULTA	F	-0.09%
AVY	D	-0.09%
SYY	B	-0.09%
STZ	D	-0.09%
GEHC	F	-0.09%
LYB	F	-0.08%
NKE	D	-0.08%
IPG	D	-0.08%
DG	F	-0.06%
DLTR	F	-0.06%