FFLC vs. SKYY ETF Comparison

Comparison of Fidelity Fundamental Large Cap Core ETF (FFLC) to First Trust ISE Cloud Computing Index Fund (SKYY)
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

$47.14

Average Daily Volume

101,737

Number of Holdings *

87

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

First Trust ISE Cloud Computing Index Fund

SKYY Description The investment seeks investment results that correspond generally to the price and yield, before the fund's fees and expenses, of an equity index called the ISE Cloud Computing(TM) Index. The index is owned and was developed by International Securities Exchange, LLC ("ISE" or the "Index Provider"). The index Provider has contracted with Standard & Poor's to calculate and maintain the index. The index is designed to provide a benchmark for investors interested in tracking companies actively involved in the cloud computing industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$120.94

Average Daily Volume

128,887

Number of Holdings *

62

* may have additional holdings in another (foreign) market
Performance
Period FFLC SKYY
30 Days 1.03% 14.67%
60 Days 3.95% 18.80%
90 Days 6.08% 23.55%
12 Months 37.00% 50.78%
7 Overlapping Holdings
Symbol Grade Weight in FFLC Weight in SKYY Overlap
AMZN C 2.89% 3.79% 2.89%
CSCO B 1.1% 2.44% 1.1%
GOOGL C 3.2% 3.44% 3.2%
INTU B 1.0% 0.59% 0.59%
MSFT D 6.98% 3.27% 3.27%
ORCL A 0.97% 4.24% 0.97%
SAP B 1.15% 1.12% 1.12%
FFLC Overweight 80 Positions Relative to SKYY
Symbol Grade Weight
NVDA B 5.71%
META D 4.7%
AAPL C 4.26%
XOM B 2.88%
BAC A 2.18%
AVGO D 1.98%
LLY F 1.85%
WFC A 1.82%
SO C 1.72%
UNH B 1.72%
CMCSA B 1.69%
GE D 1.61%
BSX A 1.35%
FI A 1.34%
V A 1.31%
EIX B 1.31%
CI D 1.23%
TMO F 1.18%
LOW C 1.06%
CEG C 1.06%
KVUE A 1.04%
ETN A 1.02%
PNC B 1.01%
KDP F 1.0%
TSM B 0.97%
KO D 0.94%
USB A 0.94%
URI C 0.92%
BMY B 0.92%
GEV B 0.87%
TRV B 0.87%
MA B 0.85%
APH A 0.85%
MOD A 0.84%
ALSN B 0.83%
UPS C 0.78%
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 A 0.63%
ABBV F 0.61%
UBER F 0.61%
CCI C 0.61%
APO B 0.61%
KNX C 0.59%
FDX B 0.58%
WSO A 0.56%
NVO F 0.53%
DOX D 0.53%
HLT A 0.52%
MLM C 0.49%
AMT C 0.43%
DEO F 0.43%
MAR A 0.42%
AJG A 0.41%
WSM C 0.4%
GD D 0.38%
GEN B 0.37%
COR B 0.37%
LEN D 0.36%
ABNB C 0.33%
GSK F 0.3%
HII F 0.29%
GILD C 0.27%
NOC D 0.25%
TMUS B 0.2%
LIN C 0.2%
MELI C 0.2%
DKS D 0.19%
SPR D 0.19%
ASML F 0.18%
SPG A 0.18%
IP A 0.18%
KBR F 0.17%
LNG A 0.03%
MRVL B 0.02%
FFLC Underweight 55 Positions Relative to SKYY
Symbol Grade Weight
APP B -4.9%
LUMN C -4.38%
NTNX B -3.6%
ANET C -3.49%
IBM C -3.31%
PSTG D -3.11%
MDB B -2.67%
TWLO A -2.48%
TEAM A -2.42%
NET B -2.39%
SHOP B -2.36%
HUBS A -2.23%
CFLT B -2.15%
CRM B -2.1%
GTLB B -2.06%
NOW A -1.95%
WK B -1.91%
DELL B -1.86%
AKAM D -1.85%
HPE B -1.76%
FIVN C -1.63%
NTAP C -1.56%
ADBE C -1.48%
RBRK A -1.46%
DOCN C -1.39%
RNG C -1.38%
WIX A -1.18%
APPN B -0.9%
TOST B -0.87%
PAYC B -0.74%
DOCU B -0.72%
QTWO A -0.7%
PCTY C -0.68%
CRWD B -0.66%
BL B -0.65%
QLYS B -0.64%
ZM C -0.64%
TTD B -0.64%
ESTC C -0.62%
SMAR B -0.61%
ZUO B -0.6%
DDOG A -0.6%
SNOW B -0.6%
DBX B -0.59%
PANW B -0.58%
VEEV C -0.57%
ZS B -0.56%
BOX B -0.56%
WDAY B -0.55%
BLKB B -0.54%
APPF B -0.54%
ASAN B -0.54%
FSLY D -0.54%
SPT C -0.49%
OTEX F -0.48%
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