FFLC vs. FDVV ETF Comparison

Comparison of Fidelity Fundamental Large Cap Core ETF (FFLC) to Fidelity Core Dividend ETF (FDVV)

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

FDVV

Fidelity Core Dividend ETF

FDVV Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Core Dividend Index. Normally investing at least 80% of assets in securities included in the Fidelity Core Dividend Index and in depository receipts representing securities included in the index. The Fidelity Core Dividend Index is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends.

Grade (RS Rating)

Last Trade

$52.35

Average Daily Volume

441,792

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FFLC	FDVV
30 Days	2.14%	2.09%
60 Days	3.92%	4.08%
90 Days	6.30%	5.58%
12 Months	37.29%	34.54%

26 Overlapping Holdings

Symbol	Grade	Weight in FFLC	Weight in FDVV	Overlap
AAPL	C	4.26%	5.54%	4.26%
ABBV	D	0.61%	0.62%	0.61%
AVGO	D	1.98%	1.96%	1.96%
BAC	A	2.18%	0.71%	0.71%
BMY	B	0.92%	0.53%	0.53%
CCI	D	0.61%	0.88%	0.61%
CMCSA	B	1.69%	0.15%	0.15%
CSCO	B	1.1%	1.1%	1.1%
DKS	C	0.19%	0.26%	0.19%
EIX	B	1.31%	1.32%	1.31%
GE	D	1.61%	1.61%	1.61%
GEV	B	0.87%	0.75%	0.75%
GILD	C	0.27%	0.52%	0.27%
LOW	D	1.06%	0.34%	0.34%
MAR	B	0.42%	0.27%	0.27%
MSFT	F	6.98%	5.13%	5.13%
NVDA	C	5.71%	6.56%	5.71%
PNC	B	1.01%	0.49%	0.49%
SO	D	1.72%	1.46%	1.46%
SPG	B	0.18%	1.22%	0.18%
UNH	C	1.72%	0.91%	0.91%
UPS	C	0.78%	1.08%	0.78%
USB	A	0.94%	0.43%	0.43%
V	A	1.31%	0.79%	0.79%
WFC	A	1.82%	0.7%	0.7%
XOM	B	2.88%	1.98%	1.98%

FFLC Overweight 61 Positions Relative to FDVV

Symbol	Grade	Weight
META	D	4.7%
GOOGL	C	3.2%
AMZN	C	2.89%
LLY	F	1.85%
BSX	B	1.35%
FI	A	1.34%
CI	F	1.23%
TMO	F	1.18%
SAP	B	1.15%
CEG	D	1.06%
KVUE	A	1.04%
ETN	A	1.02%
KDP	D	1.0%
INTU	C	1.0%
ORCL	B	0.97%
TSM	B	0.97%
KO	D	0.94%
URI	B	0.92%
TRV	B	0.87%
MA	C	0.85%
APH	A	0.85%
MOD	A	0.84%
ALSN	B	0.83%
RPRX	D	0.76%
REGN	F	0.75%
CB	C	0.73%
BA	F	0.72%
VRT	B	0.66%
HRB	D	0.64%
ELV	F	0.63%
COST	B	0.63%
UBER	D	0.61%
APO	B	0.61%
KNX	B	0.59%
FDX	B	0.58%
WSO	A	0.56%
NVO	D	0.53%
DOX	D	0.53%
HLT	A	0.52%
MLM	B	0.49%
AMT	D	0.43%
DEO	F	0.43%
AJG	B	0.41%
WSM	B	0.4%
GD	F	0.38%
GEN	B	0.37%
COR	B	0.37%
LEN	D	0.36%
ABNB	C	0.33%
GSK	F	0.3%
HII	D	0.29%
NOC	D	0.25%
TMUS	B	0.2%
LIN	D	0.2%
MELI	D	0.2%
SPR	D	0.19%
ASML	F	0.18%
IP	B	0.18%
KBR	F	0.17%
LNG	B	0.03%
MRVL	B	0.02%

FFLC Underweight 66 Positions Relative to FDVV

Symbol	Grade	Weight
TRGP	B	-2.21%
PM	B	-2.01%
PG	A	-2.01%
MO	A	-1.78%
NEE	D	-1.61%
KMI	A	-1.6%
CAT	B	-1.56%
RTX	C	-1.55%
CVX	A	-1.55%
PEP	F	-1.5%
LMT	D	-1.41%
HON	B	-1.39%
D	C	-1.36%
AEP	D	-1.34%
DUK	C	-1.34%
EOG	A	-1.26%
COP	C	-1.19%
ES	D	-1.18%
OHI	C	-1.18%
UNP	C	-1.17%
PCAR	B	-1.16%
TXN	C	-1.11%
PSA	D	-1.1%
JPM	A	-1.08%
DELL	C	-1.08%
ACI	C	-1.06%
QCOM	F	-1.02%
IBM	C	-1.01%
PLD	D	-0.94%
GLPI	C	-0.93%
VICI	C	-0.93%
DVN	F	-0.91%
HPQ	B	-0.9%
WY	D	-0.83%
WPC	D	-0.78%
JNJ	D	-0.69%
GS	A	-0.63%
MS	A	-0.61%
BX	A	-0.55%
HD	A	-0.49%
C	A	-0.48%
AMGN	D	-0.46%
PFE	D	-0.46%
WBA	F	-0.44%
TFC	A	-0.43%
CME	A	-0.4%
TJX	A	-0.33%
CVS	D	-0.33%
MCD	D	-0.33%
GM	B	-0.33%
SBUX	A	-0.28%
BBY	D	-0.25%
NKE	D	-0.21%
F	C	-0.2%
T	A	-0.18%
VZ	C	-0.16%
FOXA	B	-0.14%
TKO	B	-0.13%
EA	A	-0.12%
OMC	C	-0.11%
NWSA	B	-0.11%
NYT	C	-0.1%
WMG	C	-0.09%
NXST	C	-0.09%
IPG	D	-0.08%
PARA	C	-0.07%