FFLC vs. XPND ETF Comparison

Comparison of Fidelity Fundamental Large Cap Core ETF (FFLC) to First Trust Expanded Technology ETF (XPND)

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

$45.70

Average Daily Volume

97,360

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

XPND

First Trust Expanded Technology ETF

XPND Description

The investment seeks to provide long-term capital appreciation. The fund will invest at least 80% of its net assets in the common stocks of companies identified by it?s investment advisor as either information technology companies or consumer discretionary and communication services companies whose operations are principally derived from and/or dependent upon technology (such companies are collectively referred to herein as ?Expanded Technology Companies?). The fund?s investments will be concentrated (i.e., invest more than 25% of fund assets) in the industries or group of industries comprising the information technology sector. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.93

Average Daily Volume

2,159

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FFLC	XPND
30 Days	5.05%	6.52%
60 Days	12.18%	14.38%
90 Days	3.63%	0.17%
12 Months	43.15%	41.41%

13 Overlapping Holdings

Symbol	Grade	Weight in FFLC	Weight in XPND	Overlap
AAPL	C	4.51%	4.33%	4.33%
ADBE	F	1.41%	3.91%	1.41%
CRM	B	0.98%	4.75%	0.98%
GOOGL	B	2.4%	4.34%	2.4%
INTU	F	0.92%	3.28%	0.92%
META	A	2.57%	4.75%	2.57%
MRVL	C	0.04%	1.17%	0.04%
MSFT	D	7.7%	4.51%	4.51%
NVDA	B	3.39%	4.53%	3.39%
ORCL	A	0.79%	5.19%	0.79%
TER	C	0.22%	0.24%	0.22%
V	B	1.63%	4.29%	1.63%
WDAY	D	0.44%	1.19%	0.44%

FFLC Overweight 120 Positions Relative to XPND

Symbol	Grade	Weight
AMZN	C	3.26%
LLY	D	1.93%
UNH	B	1.72%
XOM	A	1.49%
BA	F	1.31%
AMD	C	1.27%
BSX	A	1.23%
TJX	D	1.2%
CMCSA	B	1.16%
WFC	B	1.08%
NFLX	A	1.06%
ETN	B	1.05%
UBER	C	1.04%
TMO	D	1.03%
PH	A	1.02%
JPM	C	0.98%
CB	A	0.97%
NKE	D	0.92%
PWR	A	0.92%
GE	B	0.9%
BAC	B	0.9%
KVUE	C	0.88%
DHR	D	0.82%
SO	A	0.82%
LIN	C	0.81%
REGN	D	0.76%
FCX	B	0.75%
CAT	A	0.75%
KO	C	0.73%
IR	A	0.73%
APTV	D	0.71%
BKR	B	0.7%
SHOP	B	0.69%
ON	F	0.69%
LMT	A	0.68%
NXPI	F	0.68%
SYK	C	0.67%
HWM	A	0.67%
JBL	C	0.67%
GNRC	B	0.66%
CEG	A	0.66%
VST	A	0.65%
KDP	C	0.63%
BKNG	B	0.61%
MS	A	0.6%
NOC	B	0.6%
SLB	D	0.6%
BJ	B	0.58%
TSM	B	0.58%
DIS	D	0.57%
PFGC	A	0.57%
ADI	B	0.55%
MMC	D	0.53%
CI	D	0.52%
FLEX	B	0.52%
LNG	A	0.51%
CNC	F	0.51%
RL	B	0.51%
ABNB	D	0.5%
WMT	A	0.49%
CE	D	0.49%
HLT	A	0.49%
MLM	F	0.48%
CLX	C	0.47%
AZN	D	0.47%
VRT	B	0.46%
NVR	C	0.45%
BWXT	A	0.45%
SNPS	F	0.44%
CSCO	A	0.44%
DT	B	0.43%
KBR	A	0.42%
ESI	C	0.42%
CMG	C	0.42%
ARES	A	0.41%
FCN	C	0.41%
SPOT	C	0.4%
ITT	C	0.39%
LEN	C	0.39%
CBRE	C	0.39%
BLDR	C	0.39%
FOUR	A	0.39%
AVY	D	0.38%
EDR	A	0.37%
URI	C	0.37%
GS	B	0.33%
WSC	D	0.32%
HLI	A	0.32%
TRNO	D	0.32%
HES	D	0.32%
FTI	B	0.29%
GILD	A	0.29%
HOLX	D	0.28%
EL	D	0.27%
MDB	D	0.27%
CHDN	C	0.27%
SAM	D	0.27%
MRK	F	0.26%
GLPI	C	0.26%
TT	A	0.26%
ASML	F	0.25%
NVO	F	0.25%
FSLR	C	0.25%
AR	C	0.24%
ACGL	A	0.24%
FND	C	0.24%
WST	D	0.22%
DKS	D	0.21%
STZ	D	0.2%
WNS	F	0.19%
ESS	D	0.18%
FAF	C	0.18%
OI	D	0.17%
NFE	F	0.16%
OWL	A	0.16%
MU	D	0.14%
MASI	B	0.12%
AGL	F	0.12%
LEGN	F	0.12%
LFST	C	0.06%

FFLC Underweight 35 Positions Relative to XPND

Symbol	Grade	Weight
AVGO	B	-4.77%
MA	A	-4.43%
TMUS	A	-4.37%
IBM	A	-3.79%
QCOM	D	-3.54%
TXN	C	-3.52%
NOW	B	-3.35%
AMAT	C	-3.18%
ANET	A	-2.23%
LRCX	D	-2.03%
PANW	B	-2.02%
KLAC	B	-1.99%
PYPL	A	-1.51%
APH	D	-1.46%
MSI	A	-1.38%
CRWD	D	-1.27%
ADSK	B	-1.08%
CHTR	D	-0.83%
APP	A	-0.33%
MANH	A	-0.26%
WMG	D	-0.26%
CDW	D	-0.25%
FOXA	B	-0.25%
OMC	C	-0.25%
NTAP	D	-0.25%
IT	A	-0.25%
HPE	B	-0.25%
CPAY	A	-0.24%
BSY	D	-0.24%
TYL	D	-0.24%
TDY	A	-0.24%
PTC	B	-0.24%
MPWR	B	-0.24%
EA	D	-0.23%
SWKS	F	-0.22%