FFLG vs. PBP ETF Comparison

Comparison of Fidelity Fundamental Large Cap Growth ETF (FFLG) to PowerShares S&P 500 BuyWrite Portfolio (PBP)
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

$23.63

Average Daily Volume

49,018

Number of Holdings *

100

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

PowerShares S&P 500 BuyWrite Portfolio

PBP Description The PowerShares S&P 500 BuyWrite Portfolio (Fund) is based on the CBOE S&P 500 BuyWrite IndexTM (Index). The Fund generally will invest at least 90% of its total assets in securities that comprise the Index, including at least 80% of its total assets in common stocks of the 500 companies included in the S&P 500® Index and will write (sell) call options thereon. The Index measures the total rate of return of an S&P 500 covered call strategy. This strategy consists of holding a portfolio indexed to the S&P 500 (Reference Index) and selling a succession of written options, each with an exercise price at or above the prevailing price level of the S&P 500. Dividends paid on the component stocks underlying the S&P 500 and the dollar value of option premiums received from written options are reinvested. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$22.16

Average Daily Volume

32,428

Number of Holdings *

496

* may have additional holdings in another (foreign) market
Performance
Period FFLG PBP
30 Days 3.78% 1.71%
60 Days 10.52% 1.85%
90 Days 8.10% 1.01%
12 Months 42.80% 8.99%
50 Overlapping Holdings
Symbol Grade Weight in FFLG Weight in PBP Overlap
AAPL B 2.2% 6.61% 2.2%
ACN D 0.1% 0.42% 0.1%
ADBE B 1.01% 0.52% 0.52%
AMAT B 0.26% 0.43% 0.26%
AMD B 1.93% 0.57% 0.57%
AMT B 0.38% 0.2% 0.2%
AMZN B 5.21% 3.74% 3.74%
ANET A 0.05% 0.19% 0.05%
AVGO C 0.04% 1.51% 0.04%
BA D 0.74% 0.22% 0.22%
BSX A 1.88% 0.25% 0.25%
CEG C 0.49% 0.15% 0.15%
CHTR C 0.09% 0.06% 0.06%
CNC F 0.5% 0.08% 0.08%
CRM D 0.77% 0.51% 0.51%
DHR D 0.38% 0.37% 0.37%
EPAM D 0.86% 0.02% 0.02%
ETN D 0.17% 0.28% 0.17%
FSLR C 0.05% 0.06% 0.05%
GOOG B 4.66% 1.99% 1.99%
GOOGL B 2.8% 2.37% 2.37%
GPN D 1.32% 0.05% 0.05%
HUM C 0.89% 0.09% 0.09%
INTU B 0.58% 0.39% 0.39%
JBL F 0.47% 0.03% 0.03%
KO A 0.14% 0.54% 0.14%
LEN D 0.02% 0.08% 0.02%
LLY A 1.25% 1.59% 1.25%
LOW D 0.4% 0.27% 0.27%
LULU F 0.17% 0.08% 0.08%
MA D 0.59% 0.82% 0.59%
META B 5.36% 2.45% 2.45%
MRNA D 0.1% 0.1% 0.1%
MSFT B 10.56% 7.35% 7.35%
NFLX B 0.55% 0.64% 0.55%
NOW B 0.84% 0.34% 0.34%
NVDA B 7.82% 6.8% 6.8%
NXPI B 1.81% 0.15% 0.15%
ON F 1.9% 0.06% 0.06%
ORCL B 0.91% 0.49% 0.49%
PANW B 0.19% 0.23% 0.19%
PCG D 0.64% 0.08% 0.08%
REGN B 0.1% 0.25% 0.1%
TMO D 0.42% 0.47% 0.42%
TMUS B 2.86% 0.2% 0.2%
TSLA C 0.01% 1.14% 0.01%
UBER B 3.45% 0.33% 0.33%
UNH C 2.14% 0.98% 0.98%
V D 1.57% 0.94% 0.94%
VLTO C 0.04% 0.05% 0.04%
FFLG Overweight 50 Positions Relative to PBP
Symbol Grade Weight
ROKU D 2.65%
SQ D 1.85%
FLEX C 1.84%
SE B 1.73%
VRT D 1.2%
LPLA B 1.04%
FND F 0.97%
MDB F 0.92%
MQ D 0.87%
SNAP B 0.87%
MRVL C 0.8%
ZI F 0.68%
DT F 0.67%
CVNA B 0.66%
DDOG B 0.64%
TSM B 0.64%
HUBS C 0.55%
CYTK D 0.55%
PEN D 0.54%
DLO F 0.51%
AGL D 0.46%
TMDX A 0.46%
BJ B 0.4%
PCVX B 0.4%
INTA B 0.36%
AR D 0.34%
LYFT D 0.29%
MGNI B 0.29%
GFS C 0.28%
LITE B 0.26%
ACVA C 0.25%
DV F 0.23%
ARGX B 0.22%
OVV C 0.22%
CLDX D 0.22%
COHR B 0.16%
PSTG B 0.15%
BE C 0.14%
APO A 0.12%
NUVL C 0.11%
NVO B 0.1%
ALNY B 0.1%
ZNTL F 0.08%
KROS F 0.07%
ALXO F 0.06%
SNOW D 0.06%
W D 0.05%
ARM B 0.03%
ASND C 0.0%
ALHC B 0.0%
FFLG Underweight 446 Positions Relative to PBP
Symbol Grade Weight
BRK.A C -1.63%
JPM A -1.25%
XOM C -1.12%
PG C -0.86%
COST B -0.83%
JNJ F -0.78%
HD B -0.74%
MRK C -0.74%
ABBV B -0.66%
WMT A -0.63%
BAC A -0.59%
CVX C -0.59%
QCOM C -0.5%
PEP D -0.5%
LIN B -0.46%
WFC C -0.44%
CSCO C -0.42%
MCD D -0.41%
DIS D -0.41%
ABT D -0.4%
TXN B -0.39%
AMGN B -0.38%
VZ B -0.38%
GE D -0.38%
PM B -0.35%
PFE C -0.35%
IBM B -0.35%
CAT C -0.35%
MU C -0.34%
ISRG A -0.34%
NEE D -0.33%
CMCSA C -0.33%
GS B -0.32%
HON B -0.31%
SPGI B -0.31%
COP D -0.3%
BKNG A -0.3%
RTX D -0.3%
UNP D -0.3%
LRCX B -0.3%
INTC F -0.29%
AXP C -0.29%
T A -0.29%
TJX A -0.28%
PGR D -0.27%
MS B -0.27%
VRTX B -0.27%
ELV A -0.27%
C C -0.26%
ADI B -0.25%
NKE F -0.25%
SYK B -0.25%
SCHW C -0.24%
KLAC B -0.24%
BLK B -0.24%
MMC B -0.23%
MDT D -0.23%
CB C -0.23%
LMT A -0.22%
ADP D -0.22%
PLD C -0.22%
DE D -0.21%
CI D -0.21%
UPS D -0.21%
CRWD B -0.2%
BX B -0.2%
SBUX F -0.2%
SNPS B -0.2%
MDLZ D -0.2%
CDNS B -0.19%
SO B -0.19%
BMY F -0.19%
GILD C -0.19%
CMG C -0.19%
CL B -0.18%
APH B -0.18%
CVS D -0.17%
TT B -0.17%
ZTS C -0.17%
DUK D -0.17%
WM A -0.17%
ICE A -0.17%
MCK B -0.17%
MO B -0.17%
EQIX C -0.16%
KKR B -0.16%
FCX D -0.16%
EOG C -0.16%
TDG C -0.16%
ABNB C -0.15%
GD C -0.15%
MCO A -0.15%
BDX D -0.15%
SLB D -0.15%
TGT D -0.15%
SHW D -0.15%
CME D -0.15%
EMR C -0.14%
CTAS B -0.14%
PYPL F -0.14%
USB C -0.14%
ORLY B -0.14%
AON C -0.14%
CSX C -0.14%
ITW D -0.14%
PH C -0.14%
MSI A -0.14%
HCA C -0.14%
FDX A -0.13%
MAR B -0.13%
PSX D -0.13%
APD D -0.13%
ROP A -0.13%
NOC D -0.13%
PNC C -0.13%
WELL A -0.13%
ECL B -0.13%
MPC D -0.13%
AZO B -0.12%
GM B -0.12%
CARR B -0.12%
HLT A -0.12%
EW B -0.12%
PCAR D -0.12%
MMM B -0.12%
AJG B -0.12%
MCHP C -0.11%
SPG B -0.11%
NEM B -0.11%
CPRT C -0.11%
NSC F -0.11%
AIG D -0.11%
TFC C -0.11%
GEV B -0.11%
ROST B -0.11%
VLO C -0.11%
COF C -0.11%
ADSK B -0.11%
WMB A -0.11%
DXCM F -0.1%
AMP C -0.1%
BK A -0.1%
JCI C -0.1%
PSA B -0.1%
AEP C -0.1%
TEL B -0.1%
O D -0.1%
AFL B -0.1%
KMB B -0.1%
OKE B -0.1%
F C -0.1%
DLR A -0.1%
TRV D -0.1%
SRE B -0.1%
KMI A -0.09%
CMI D -0.09%
AME D -0.09%
VRSK A -0.09%
A D -0.09%
PWR C -0.09%
RSG A -0.09%
GWW D -0.09%
PAYX D -0.09%
MPWR B -0.09%
IDXX D -0.09%
D D -0.09%
HES D -0.09%
CCI C -0.09%
DHI D -0.09%
FIS B -0.09%
OXY C -0.09%
STZ B -0.09%
URI C -0.09%
LHX A -0.09%
PRU B -0.09%
MET D -0.09%
ALL D -0.09%
SMCI C -0.09%
CTSH C -0.08%
EA B -0.08%
FICO A -0.08%
IT B -0.08%
BKR B -0.08%
EXC D -0.08%
FANG C -0.08%
MNST D -0.08%
KVUE F -0.08%
KDP C -0.08%
IR C -0.08%
NUE D -0.08%
PEG B -0.08%
FAST F -0.08%
CTVA C -0.08%
SYY D -0.08%
FTNT D -0.08%
YUM D -0.08%
DOW D -0.08%
GIS D -0.08%
RCL A -0.08%
ACGL B -0.08%
OTIS B -0.08%
MSCI F -0.08%
IQV F -0.08%
XEL D -0.07%
ADM F -0.07%
DVN C -0.07%
ROK D -0.07%
CSGP D -0.07%
CDW D -0.07%
HWM C -0.07%
GLW B -0.07%
HIG B -0.07%
HAL D -0.07%
ED D -0.07%
HPQ B -0.07%
ODFL D -0.07%
DAL D -0.07%
DFS A -0.07%
BIIB C -0.07%
VMC D -0.07%
XYL C -0.07%
EXR B -0.07%
KR D -0.07%
GEHC D -0.07%
MLM D -0.07%
DD B -0.07%
AWK B -0.06%
CAH D -0.06%
TTWO B -0.06%
FTV D -0.06%
CHD C -0.06%
NVR C -0.06%
KHC D -0.06%
IRM A -0.06%
NTAP A -0.06%
TROW B -0.06%
EL F -0.06%
CBRE B -0.06%
RMD D -0.06%
WTW B -0.06%
HSY F -0.06%
EBAY B -0.06%
HPE B -0.06%
EIX D -0.06%
TSCO C -0.06%
DG D -0.06%
ANSS D -0.06%
WAB D -0.06%
TRGP A -0.06%
MTD B -0.06%
VST C -0.06%
VICI C -0.06%
AVB A -0.06%
EFX B -0.06%
PPG D -0.06%
CTRA D -0.05%
WY F -0.05%
HUBB D -0.05%
AXON C -0.05%
TYL A -0.05%
PTC C -0.05%
STE C -0.05%
BRO B -0.05%
DLTR F -0.05%
STT C -0.05%
ZBH D -0.05%
RJF C -0.05%
DTE C -0.05%
ETR C -0.05%
NDAQ C -0.05%
TER B -0.05%
PHM D -0.05%
WST D -0.05%
BR C -0.05%
EQR A -0.05%
KEYS D -0.05%
DECK B -0.05%
GRMN B -0.05%
FITB C -0.05%
IFF B -0.05%
LYB C -0.05%
WEC D -0.05%
MTB B -0.05%
DOV B -0.05%
WDC B -0.05%
WBD D -0.04%
LVS F -0.04%
IP B -0.04%
MRO B -0.04%
ALGN F -0.04%
TXT D -0.04%
WRB C -0.04%
TSN C -0.04%
MAA B -0.04%
EXPE C -0.04%
BBY B -0.04%
BLDR F -0.04%
HOLX C -0.04%
EG B -0.04%
CLX D -0.04%
NTRS C -0.04%
PKG B -0.04%
EQT D -0.04%
LUV B -0.04%
NRG C -0.04%
SWKS B -0.04%
ESS B -0.04%
MKC D -0.04%
WAT F -0.04%
PFG D -0.04%
BAX F -0.04%
RF C -0.04%
ATO B -0.04%
OMC D -0.04%
J D -0.04%
CBOE D -0.04%
CMS D -0.04%
CCL B -0.04%
EXPD B -0.04%
MOH F -0.04%
CINF C -0.04%
SYF A -0.04%
STLD C -0.04%
ARE C -0.04%
AVY C -0.04%
DPZ B -0.04%
DRI C -0.04%
TDY D -0.04%
HBAN C -0.04%
ULTA F -0.04%
CPAY D -0.04%
AEE D -0.04%
BALL D -0.04%
CNP A -0.04%
GPC D -0.04%
FE D -0.04%
APTV F -0.04%
ES F -0.04%
GDDY B -0.04%
STX B -0.04%
VTR A -0.04%
LDOS B -0.04%
INVH A -0.04%
PPL D -0.04%
SBAC D -0.04%
UHS B -0.03%
TECH D -0.03%
JNPR B -0.03%
EMN C -0.03%
CPT A -0.03%
INCY B -0.03%
POOL F -0.03%
JKHY B -0.03%
EVRG C -0.03%
VTRS D -0.03%
PNR D -0.03%
LW F -0.03%
UDR B -0.03%
KIM B -0.03%
SWK F -0.03%
NDSN D -0.03%
HST D -0.03%
JBHT F -0.03%
KEY C -0.03%
LYV C -0.03%
NI B -0.03%
LNT C -0.03%
WRK D -0.03%
AKAM F -0.03%
AES D -0.03%
DOC B -0.03%
TRMB C -0.03%
CE F -0.03%
CF D -0.03%
CAG D -0.03%
ENPH F -0.03%
L D -0.03%
ROL B -0.03%
SNA D -0.03%
PODD C -0.03%
AMCR C -0.03%
MAS D -0.03%
IEX D -0.03%
BG B -0.03%
DGX D -0.03%
K D -0.03%
VRSN C -0.03%
FDS D -0.03%
ZBRA C -0.03%
CFG C -0.03%
UAL D -0.03%
BEN D -0.02%
PAYC F -0.02%
ETSY F -0.02%
GL C -0.02%
FMC D -0.02%
RL B -0.02%
SOLV F -0.02%
AAL F -0.02%
MKTX F -0.02%
FRT C -0.02%
BWA F -0.02%
DVA C -0.02%
HAS C -0.02%
DAY F -0.02%
NCLH B -0.02%
FOXA A -0.02%
MTCH F -0.02%
CZR C -0.02%
GNRC D -0.02%
WYNN D -0.02%
HSIC F -0.02%
PNW C -0.02%
CPB C -0.02%
AIZ D -0.02%
HRL F -0.02%
BXP B -0.02%
BBWI F -0.02%
TAP F -0.02%
MOS D -0.02%
TFX D -0.02%
TPR B -0.02%
HII D -0.02%
AOS D -0.02%
FFIV C -0.02%
REG B -0.02%
CTLT B -0.02%
ALLE C -0.02%
APA D -0.02%
CHRW B -0.02%
MGM B -0.02%
NWSA A -0.02%
CRL F -0.02%
ALB F -0.02%
IPG F -0.02%
LKQ F -0.02%
QRVO B -0.02%
KMX B -0.02%
WBA F -0.02%
SJM F -0.02%
NWS A -0.01%
FOX A -0.01%
PARA D -0.01%
MHK C -0.01%
BIO F -0.01%
IVZ D -0.01%
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