FFLG vs. NBCR ETF Comparison

Comparison of Fidelity Fundamental Large Cap Growth ETF (FFLG) to Neuberger Berman Core Equity ETF (NBCR)

FFLG

Fidelity Fundamental Large Cap Growth ETF

FFLG Description

FFLG seeks to achieve long-term capital growth by investing in large-cap companies believed to have above-average growth potential. The adviser generally defines large-caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Growth is measured based on factors such as earnings or revenue. 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 fund invests in both US and non-US companies. 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 Growth Opportunities ETF under the ticker FGRO. The fund previously used a semitransparent ETF structure

Grade (RS Rating)

Last Trade

$25.03

Average Daily Volume

30,102

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBCR

Neuberger Berman Core Equity ETF

NBCR Description

To pursue its goal, the fund invests mainly in equity securities of large-capitalization companies, which it defines as companies that have a market capitalization within the market capitalization range of companies in the Russell 1000® Index at the time of initial purchase. The portfolio managers seek to invest in a broadly diversified group of securities that have the potential to outperform the Russell 1000 Index with a lower level of risk through security selection.

Grade (RS Rating)

Last Trade

$27.43

Average Daily Volume

16,373

Number of Holdings ^*

192

* may have additional holdings in another (foreign) market

Performance

Period	FFLG	NBCR
30 Days	2.46%	2.81%
60 Days	5.66%	4.11%
90 Days	6.27%	5.52%
12 Months	40.11%

25 Overlapping Holdings

Symbol	Grade	Weight in FFLG	Weight in NBCR	Overlap
AAPL	C	12.07%	6.48%	6.48%
AMZN	C	7.12%	3.83%	3.83%
ASML	F	1.3%	0.23%	0.23%
BLDR	D	0.57%	0.12%	0.12%
BSX	B	1.72%	0.87%	0.87%
CRM	B	0.75%	0.87%	0.75%
GE	D	0.9%	0.94%	0.9%
GOOG	C	2.82%	1.94%	1.94%
GOOGL	C	2.48%	3.37%	2.48%
ICE	C	0.54%	0.56%	0.54%
IONS	F	0.16%	0.05%	0.05%
IR	B	0.51%	0.36%	0.36%
KDP	D	0.55%	0.42%	0.42%
LLY	F	1.46%	1.19%	1.19%
MA	C	1.95%	1.1%	1.1%
MSFT	F	9.14%	6.01%	6.01%
NFLX	A	2.02%	0.81%	0.81%
NVDA	C	12.31%	6.7%	6.7%
ON	D	0.76%	0.1%	0.1%
REGN	F	0.59%	0.3%	0.3%
TJX	A	0.63%	0.71%	0.63%
TMO	F	0.57%	0.53%	0.53%
TMUS	B	0.88%	0.88%	0.88%
UBER	D	2.21%	0.74%	0.74%
XOM	B	0.53%	1.15%	0.53%

FFLG Overweight 66 Positions Relative to NBCR

Symbol	Grade	Weight
META	D	5.34%
TSM	B	1.96%
LOW	D	1.57%
NXPI	D	1.37%
CDNS	B	0.86%
MPWR	F	0.85%
LULU	C	0.8%
HUBS	A	0.76%
MU	D	0.73%
ALNY	D	0.71%
MRVL	B	0.7%
FLEX	A	0.69%
DHR	F	0.68%
MDB	C	0.63%
UNH	C	0.62%
BLD	D	0.58%
CVNA	B	0.57%
SHOP	B	0.55%
ABNB	C	0.52%
MNST	C	0.52%
HWM	A	0.5%
WMT	A	0.49%
CMG	B	0.49%
RH	B	0.48%
EME	C	0.46%
COIN	C	0.45%
GEV	B	0.44%
SNAP	C	0.44%
PODD	C	0.42%
NTNX	A	0.42%
CSGP	D	0.39%
ROKU	D	0.38%
FIX	A	0.37%
BRKR	D	0.36%
FSLR	F	0.33%
DPZ	C	0.33%
HQY	B	0.33%
FLYW	C	0.32%
VMC	B	0.32%
SQ	B	0.31%
AVGO	D	0.3%
EXAS	D	0.3%
NVO	D	0.28%
ARGX	A	0.27%
HOOD	B	0.26%
PM	B	0.24%
PCVX	D	0.24%
TEVA	D	0.24%
DKS	C	0.23%
ITCI	C	0.22%
TMDX	F	0.21%
ATI	D	0.19%
RRC	B	0.19%
AZN	D	0.18%
LYFT	C	0.18%
NUVL	D	0.16%
RIVN	F	0.14%
MRNA	F	0.13%
SE	B	0.13%
RDDT	B	0.12%
HOLX	D	0.12%
ROIV	C	0.1%
IDYA	F	0.09%
LEGN	F	0.07%
TGT	F	0.07%
W	F	0.03%

FFLG Underweight 167 Positions Relative to NBCR

Symbol	Grade	Weight
AON	A	-1.41%
JPM	A	-1.4%
V	A	-1.23%
HD	A	-1.22%
COST	B	-1.06%
ORCL	B	-0.99%
WFC	A	-0.99%
JNJ	D	-0.98%
UNM	A	-0.97%
QCOM	F	-0.91%
PG	A	-0.87%
ABBV	D	-0.86%
TDG	D	-0.77%
NOW	A	-0.77%
BAC	A	-0.76%
AIG	B	-0.76%
T	A	-0.75%
SPGI	C	-0.74%
MDT	D	-0.72%
FI	A	-0.66%
TXN	C	-0.63%
ETN	A	-0.63%
CCL	B	-0.62%
INTU	C	-0.62%
KKR	A	-0.61%
FYBR	D	-0.6%
LIN	D	-0.59%
GM	B	-0.59%
MCD	D	-0.58%
SNPS	B	-0.58%
AMD	F	-0.57%
IWB	A	-0.56%
DKNG	B	-0.52%
AMAT	F	-0.52%
VRTX	F	-0.51%
CAT	B	-0.51%
CRWD	B	-0.51%
UL	D	-0.51%
ADI	D	-0.5%
ZBH	C	-0.5%
BKNG	A	-0.49%
PH	A	-0.48%
TT	A	-0.48%
ACN	C	-0.47%
CSCO	B	-0.46%
ALL	A	-0.45%
APH	A	-0.45%
MMM	D	-0.44%
GS	A	-0.42%
ULTA	F	-0.4%
COP	C	-0.4%
NVT	B	-0.39%
C	A	-0.39%
PLD	D	-0.38%
CARR	D	-0.36%
CL	D	-0.36%
MDLZ	F	-0.36%
BLK	C	-0.35%
MSI	B	-0.35%
LVS	C	-0.35%
NEE	D	-0.33%
CVS	D	-0.33%
DE	A	-0.33%
APO	B	-0.32%
URI	B	-0.32%
AMGN	D	-0.31%
GIS	D	-0.31%
EOG	A	-0.31%
PNC	B	-0.31%
TRU	D	-0.3%
NDAQ	A	-0.3%
AVY	D	-0.29%
NSC	B	-0.29%
BMY	B	-0.28%
MCO	B	-0.28%
CSX	B	-0.27%
FCX	D	-0.26%
ELV	F	-0.26%
LMT	D	-0.26%
GL	B	-0.26%
ORLY	B	-0.26%
HCA	F	-0.26%
SLB	C	-0.26%
MCK	B	-0.25%
DAL	C	-0.25%
DLTR	F	-0.25%
AIZ	A	-0.25%
NKE	D	-0.25%
MLM	B	-0.25%
SHW	A	-0.24%
PSX	C	-0.24%
FANG	D	-0.24%
FITB	A	-0.24%
DUK	C	-0.23%
K	A	-0.22%
LEN	D	-0.22%
EHC	B	-0.22%
MET	A	-0.22%
FDX	B	-0.22%
SAIA	B	-0.21%
WCN	A	-0.21%
LRCX	F	-0.2%
HUM	C	-0.2%
SRE	A	-0.2%
VTR	C	-0.2%
CHKP	D	-0.2%
J	F	-0.19%
AEP	D	-0.19%
BA	F	-0.19%
DGX	A	-0.19%
EFX	F	-0.18%
DXCM	D	-0.18%
CNC	D	-0.18%
STZ	D	-0.17%
EA	A	-0.17%
MOH	F	-0.17%
D	C	-0.17%
ADSK	A	-0.17%
VRSK	A	-0.17%
CEG	D	-0.17%
WMB	A	-0.16%
PEG	A	-0.16%
RSG	A	-0.16%
ELS	C	-0.16%
ECL	D	-0.16%
OKE	A	-0.16%
ETR	B	-0.16%
TKO	B	-0.15%
VST	B	-0.15%
FCPT	C	-0.14%
CFG	B	-0.14%
ESI	A	-0.14%
PCG	A	-0.14%
APTV	D	-0.14%
WRBY	B	-0.14%
APD	A	-0.14%
EQT	B	-0.13%
LNT	A	-0.13%
LNG	B	-0.13%
AVTR	F	-0.13%
CDW	F	-0.13%
ENTG	D	-0.13%
IQV	D	-0.13%
IT	C	-0.13%
MTCH	D	-0.12%
TW	A	-0.12%
BK	A	-0.12%
NUE	C	-0.11%
FE	C	-0.11%
STWD	C	-0.11%
INVH	D	-0.1%
STLD	B	-0.1%
EQR	B	-0.09%
CNP	B	-0.09%
TRGP	B	-0.09%
BMRN	D	-0.09%
UTZ	D	-0.08%
DTM	B	-0.08%
CCK	C	-0.08%
WIX	B	-0.08%
TOL	B	-0.07%
DTE	C	-0.07%
SMAR	A	-0.07%
GXO	B	-0.06%
WY	D	-0.06%
FBIN	D	-0.05%
BHP	F	-0.03%