FFLC vs. FBCG ETF Comparison

Comparison of Fidelity Fundamental Large Cap Core ETF (FFLC) to Fidelity Blue Chip Growth ETF (FBCG)

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

FBCG

Fidelity Blue Chip Growth ETF

FBCG Description

The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes have above-average growth potential (stocks of these companies are often called "growth" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.39

Average Daily Volume

430,677

Number of Holdings ^*

206

* may have additional holdings in another (foreign) market

Performance

Period	FFLC	FBCG
30 Days	2.14%	4.37%
60 Days	3.92%	7.36%
90 Days	6.30%	7.64%
12 Months	37.29%	43.27%

46 Overlapping Holdings

Symbol	Grade	Weight in FFLC	Weight in FBCG	Overlap
AAPL	C	4.26%	11.67%	4.26%
ABNB	C	0.33%	0.45%	0.33%
AMZN	C	2.89%	8.54%	2.89%
APH	A	0.85%	0.09%	0.09%
APO	B	0.61%	0.09%	0.09%
ASML	F	0.18%	0.21%	0.18%
AVGO	D	1.98%	0.82%	0.82%
BA	F	0.72%	0.41%	0.41%
BSX	B	1.35%	0.8%	0.8%
COST	B	0.63%	0.08%	0.08%
DKS	C	0.19%	0.26%	0.19%
ETN	A	1.02%	0.12%	0.12%
FDX	B	0.58%	0.03%	0.03%
GE	D	1.61%	0.26%	0.26%
GEV	B	0.87%	0.12%	0.12%
GOOGL	C	3.2%	6.31%	3.2%
HLT	A	0.52%	0.0%	0.0%
INTU	C	1.0%	0.23%	0.23%
IP	B	0.18%	0.03%	0.03%
KVUE	A	1.04%	0.06%	0.06%
LIN	D	0.2%	0.05%	0.05%
LLY	F	1.85%	3.11%	1.85%
LNG	B	0.03%	0.03%	0.03%
LOW	D	1.06%	1.07%	1.06%
MA	C	0.85%	1.1%	0.85%
MAR	B	0.42%	0.0%	0.0%
META	D	4.7%	5.72%	4.7%
MLM	B	0.49%	0.06%	0.06%
MRVL	B	0.02%	1.35%	0.02%
MSFT	F	6.98%	8.36%	6.98%
NVDA	C	5.71%	13.34%	5.71%
NVO	D	0.53%	0.38%	0.38%
ORCL	B	0.97%	0.24%	0.24%
REGN	F	0.75%	0.81%	0.75%
SAP	B	1.15%	0.06%	0.06%
SPR	D	0.19%	0.05%	0.05%
TMO	F	1.18%	0.1%	0.1%
TMUS	B	0.2%	0.09%	0.09%
TSM	B	0.97%	0.85%	0.85%
UBER	D	0.61%	1.19%	0.61%
UNH	C	1.72%	1.16%	1.16%
USB	A	0.94%	0.03%	0.03%
V	A	1.31%	0.24%	0.24%
WSM	B	0.4%	0.05%	0.05%
WSO	A	0.56%	0.03%	0.03%
XOM	B	2.88%	0.0%	0.0%

FFLC Overweight 41 Positions Relative to FBCG

Symbol	Grade	Weight
BAC	A	2.18%
WFC	A	1.82%
SO	D	1.72%
CMCSA	B	1.69%
FI	A	1.34%
EIX	B	1.31%
CI	F	1.23%
CSCO	B	1.1%
CEG	D	1.06%
PNC	B	1.01%
KDP	D	1.0%
KO	D	0.94%
URI	B	0.92%
BMY	B	0.92%
TRV	B	0.87%
MOD	A	0.84%
ALSN	B	0.83%
UPS	C	0.78%
RPRX	D	0.76%
CB	C	0.73%
VRT	B	0.66%
HRB	D	0.64%
ELV	F	0.63%
ABBV	D	0.61%
CCI	D	0.61%
KNX	B	0.59%
DOX	D	0.53%
AMT	D	0.43%
DEO	F	0.43%
AJG	B	0.41%
GD	F	0.38%
GEN	B	0.37%
COR	B	0.37%
LEN	D	0.36%
GSK	F	0.3%
HII	D	0.29%
GILD	C	0.27%
NOC	D	0.25%
MELI	D	0.2%
SPG	B	0.18%
KBR	F	0.17%

FFLC Underweight 160 Positions Relative to FBCG

Symbol	Grade	Weight
NFLX	A	-2.4%
NXPI	D	-1.49%
SNAP	C	-1.47%
TSLA	B	-1.03%
CVNA	B	-0.7%
ON	D	-0.54%
DECK	A	-0.54%
TJX	A	-0.54%
APP	B	-0.51%
MPWR	F	-0.49%
SBUX	A	-0.49%
CMG	B	-0.48%
ZTS	D	-0.47%
LULU	C	-0.46%
AMD	F	-0.42%
LYFT	C	-0.42%
WMT	A	-0.41%
ANF	C	-0.4%
NKE	D	-0.4%
NOW	A	-0.39%
AXP	A	-0.37%
GFS	C	-0.37%
ISRG	A	-0.36%
RH	B	-0.35%
SN	D	-0.35%
DHR	F	-0.32%
OKTA	C	-0.32%
COIN	C	-0.31%
TER	D	-0.3%
CROX	D	-0.28%
PDD	F	-0.28%
AEO	F	-0.27%
WELL	A	-0.27%
PGR	A	-0.26%
SQ	B	-0.26%
GS	A	-0.25%
HUBS	A	-0.24%
CRS	A	-0.23%
FANG	D	-0.22%
MRK	F	-0.21%
SYK	C	-0.2%
HWM	A	-0.2%
EOG	A	-0.2%
WDC	D	-0.2%
DKNG	B	-0.2%
SGBX	F	-0.2%
C	A	-0.18%
THC	D	-0.18%
RIVN	F	-0.18%
SHOP	B	-0.17%
QCOM	F	-0.15%
GLW	B	-0.14%
ZM	B	-0.13%
DELL	C	-0.13%
PG	A	-0.13%
FLUT	A	-0.13%
DHI	D	-0.13%
ALNY	D	-0.12%
MCD	D	-0.12%
PENN	C	-0.12%
RDDT	B	-0.12%
TEVA	D	-0.12%
MS	A	-0.12%
WRBY	B	-0.12%
DDOG	A	-0.12%
OWL	A	-0.12%
MDB	C	-0.11%
KKR	A	-0.11%
PM	B	-0.11%
SNOW	C	-0.11%
LRCX	F	-0.11%
ANET	C	-0.11%
FIVE	F	-0.1%
PHM	D	-0.1%
MCO	B	-0.1%
PODD	C	-0.09%
OLLI	D	-0.09%
Z	A	-0.09%
HD	A	-0.09%
BLDR	D	-0.09%
SHW	A	-0.09%
TGT	F	-0.08%
ATI	D	-0.08%
SPOT	B	-0.08%
MRNA	F	-0.07%
VSCO	B	-0.07%
EXP	A	-0.07%
DUOL	A	-0.07%
FSLR	F	-0.07%
PLNT	A	-0.06%
ENPH	F	-0.06%
AYI	B	-0.06%
VMC	B	-0.06%
CHRW	C	-0.06%
CIEN	B	-0.06%
VFC	C	-0.06%
FBIN	D	-0.06%
JEF	A	-0.06%
TOST	B	-0.06%
SNPS	B	-0.06%
EXAS	D	-0.05%
LEGN	F	-0.05%
ALGM	D	-0.05%
AXON	A	-0.05%
MU	D	-0.05%
AMAT	F	-0.05%
TDG	D	-0.05%
DAL	C	-0.05%
EME	C	-0.05%
UAL	A	-0.05%
RL	B	-0.04%
GRMN	B	-0.04%
GKOS	B	-0.04%
PI	D	-0.04%
HDB	C	-0.04%
BKNG	A	-0.04%
COHR	B	-0.04%
BRK.A	B	-0.04%
PVH	C	-0.04%
TKO	B	-0.04%
MASI	A	-0.03%
LEVI	F	-0.03%
MMYT	B	-0.03%
CHWY	B	-0.03%
MMM	D	-0.03%
CCL	B	-0.03%
MTB	A	-0.03%
CAR	C	-0.03%
CCK	C	-0.03%
ROKU	D	-0.03%
FLR	B	-0.03%
TTWO	A	-0.03%
WING	D	-0.03%
TOL	B	-0.03%
EAT	A	-0.03%
EL	F	-0.03%
ONON	A	-0.03%
RCL	A	-0.03%
TT	A	-0.03%
SW	A	-0.03%
TTD	B	-0.03%
AZEK	A	-0.03%
NTRA	B	-0.03%
ACVA	B	-0.03%
ELF	C	-0.02%
FL	F	-0.02%
W	F	-0.02%
ASND	D	-0.01%
KEY	B	-0.0%
TPR	B	-0.0%
TMDX	F	-0.0%
MCK	B	-0.0%
ADBE	C	-0.0%
GM	B	-0.0%
GAP	C	-0.0%
CELH	F	-0.0%
PINS	D	-0.0%
CZR	F	-0.0%
OXY	D	-0.0%
SE	B	-0.0%