FFLG vs. QLC ETF Comparison

Comparison of Fidelity Fundamental Large Cap Growth ETF (FFLG) to FlexShares US Quality Large Cap Index Fund (QLC)

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

$23.77

Average Daily Volume

43,308

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

QLC

FlexShares US Quality Large Cap Index Fund

QLC Description

FlexShares Trust - FlexShares US Quality Large Cap Index Fund is an exchange traded fund launched by Northern Trust Corporation. The fund is managed by Northern Trust Investments, Incorporated. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of large-cap companies. The fund seeks to track the performance of the Northern Trust Quality Large Cap Index, by employing representative sampling methodology. FlexShares Trust - FlexShares US Quality Large Cap Index Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$64.39

Average Daily Volume

45,430

Number of Holdings ^*

162

* may have additional holdings in another (foreign) market

Performance

Period	FFLG	QLC
30 Days	8.18%	5.73%
60 Days	8.77%	7.26%
90 Days	-2.43%	2.71%
12 Months	42.76%	35.26%

24 Overlapping Holdings

Symbol	Grade	Weight in FFLG	Weight in QLC	Overlap
AAPL	D	2.2%	7.78%	2.2%
ACN	B	0.1%	0.7%	0.1%
ADBE	F	1.01%	0.84%	0.84%
AMAT	C	0.26%	0.8%	0.26%
AMZN	C	5.21%	2.21%	2.21%
AVGO	B	0.04%	1.77%	0.04%
CNC	F	0.5%	0.39%	0.39%
CRM	B	0.77%	0.03%	0.03%
DHR	D	0.38%	0.05%	0.05%
FLEX	B	1.84%	0.07%	0.07%
GOOG	C	4.66%	2.82%	2.82%
GOOGL	C	2.8%	2.85%	2.8%
INTU	F	0.58%	0.98%	0.58%
JBL	B	0.47%	0.26%	0.26%
LEN	C	0.02%	0.11%	0.02%
LLY	D	1.25%	1.39%	1.25%
LOW	B	0.4%	0.47%	0.4%
META	B	5.36%	2.51%	2.51%
MSFT	D	10.56%	4.9%	4.9%
NFLX	C	0.55%	0.61%	0.55%
NVDA	B	7.82%	5.56%	5.56%
ORCL	B	0.91%	1.05%	0.91%
REGN	F	0.1%	0.09%	0.09%
TSLA	C	0.01%	0.61%	0.01%

FFLG Overweight 76 Positions Relative to QLC

Symbol	Grade	Weight
UBER	C	3.45%
TMUS	A	2.86%
ROKU	B	2.65%
UNH	C	2.14%
AMD	B	1.93%
ON	F	1.9%
BSX	A	1.88%
SQ	D	1.85%
NXPI	F	1.81%
SE	B	1.73%
V	C	1.57%
GPN	F	1.32%
VRT	B	1.2%
LPLA	C	1.04%
FND	C	0.97%
MDB	F	0.92%
HUM	F	0.89%
MQ	F	0.87%
SNAP	D	0.87%
EPAM	F	0.86%
NOW	B	0.84%
MRVL	B	0.8%
BA	F	0.74%
ZI	F	0.68%
DT	B	0.67%
CVNA	B	0.66%
PCG	C	0.64%
DDOG	B	0.64%
TSM	B	0.64%
MA	B	0.59%
HUBS	D	0.55%
CYTK	D	0.55%
PEN	D	0.54%
DLO	D	0.51%
CEG	B	0.49%
AGL	F	0.46%
TMDX	D	0.46%
TMO	D	0.42%
BJ	B	0.4%
PCVX	C	0.4%
AMT	D	0.38%
INTA	C	0.36%
AR	B	0.34%
LYFT	D	0.29%
MGNI	D	0.29%
GFS	F	0.28%
LITE	B	0.26%
ACVA	C	0.25%
DV	F	0.23%
ARGX	D	0.22%
OVV	D	0.22%
CLDX	F	0.22%
PANW	B	0.19%
LULU	D	0.17%
ETN	B	0.17%
COHR	B	0.16%
PSTG	F	0.15%
BE	F	0.14%
KO	D	0.14%
APO	A	0.12%
NUVL	B	0.11%
MRNA	F	0.1%
NVO	F	0.1%
ALNY	C	0.1%
CHTR	D	0.09%
ZNTL	F	0.08%
KROS	B	0.07%
ALXO	F	0.06%
SNOW	F	0.06%
W	B	0.05%
ANET	A	0.05%
FSLR	C	0.05%
VLTO	A	0.04%
ARM	C	0.03%
ASND	C	0.0%
ALHC	C	0.0%

FFLG Underweight 138 Positions Relative to QLC

Symbol	Grade	Weight
BRK.A	C	-2.36%
JPM	C	-1.83%
JNJ	D	-1.61%
PG	D	-1.33%
BAC	B	-1.3%
CSCO	A	-1.19%
C	B	-1.16%
MRK	F	-1.08%
GE	B	-1.04%
CAT	A	-1.0%
SO	C	-0.9%
LRCX	D	-0.84%
CI	D	-0.84%
KLAC	B	-0.81%
CMCSA	C	-0.78%
T	B	-0.78%
ITW	C	-0.76%
QCOM	D	-0.7%
HD	A	-0.69%
LMT	A	-0.68%
MCK	F	-0.65%
BK	A	-0.64%
AMGN	D	-0.64%
PEG	B	-0.64%
AFL	C	-0.64%
SPG	B	-0.62%
NVR	C	-0.61%
CBRE	C	-0.61%
ETR	B	-0.6%
MPC	C	-0.59%
AZO	D	-0.59%
COF	A	-0.59%
FICO	A	-0.59%
GS	B	-0.58%
GWW	B	-0.58%
ED	D	-0.57%
PPL	C	-0.57%
LDOS	A	-0.57%
BKNG	B	-0.56%
MS	A	-0.55%
AVB	D	-0.55%
MET	A	-0.55%
PSA	C	-0.54%
VLO	D	-0.54%
COR	F	-0.54%
ESS	D	-0.53%
ADI	C	-0.53%
CHKP	B	-0.52%
EBAY	A	-0.52%
PM	D	-0.52%
AIG	C	-0.51%
NRG	B	-0.49%
WY	C	-0.48%
KR	C	-0.47%
KMB	D	-0.47%
HST	D	-0.46%
STLD	B	-0.45%
EQR	D	-0.45%
SYF	A	-0.44%
MELI	D	-0.43%
GIS	C	-0.42%
NUE	C	-0.42%
FTNT	B	-0.42%
OMC	C	-0.42%
EXPD	D	-0.42%
BMY	B	-0.42%
EXC	C	-0.41%
STT	A	-0.41%
RMD	D	-0.4%
DVA	C	-0.4%
MTD	C	-0.4%
UPS	D	-0.38%
CL	D	-0.37%
CSL	A	-0.36%
CTSH	C	-0.35%
FIS	A	-0.34%
WFC	B	-0.34%
ALLY	F	-0.33%
RCL	B	-0.31%
DELL	B	-0.29%
MO	D	-0.28%
MCHP	F	-0.28%
CMI	A	-0.28%
MAS	B	-0.27%
PHM	C	-0.27%
WAB	A	-0.27%
MMM	C	-0.27%
PCAR	C	-0.27%
PRU	B	-0.27%
EA	D	-0.26%
TAP	D	-0.26%
APP	A	-0.24%
FITB	C	-0.24%
HCA	D	-0.23%
OXY	D	-0.23%
EIX	C	-0.23%
ABBV	C	-0.23%
HOLX	D	-0.22%
IDXX	D	-0.22%
CAH	B	-0.21%
ABNB	C	-0.21%
DASH	C	-0.21%
ICLR	F	-0.21%
BBY	C	-0.21%
PSX	C	-0.2%
IT	B	-0.19%
NTAP	B	-0.18%
PAYX	B	-0.16%
FI	A	-0.16%
ELV	F	-0.16%
WSM	C	-0.16%
HOOD	B	-0.15%
GILD	A	-0.15%
THC	D	-0.15%
DFS	A	-0.14%
LYB	C	-0.13%
UTHR	C	-0.13%
ABT	B	-0.13%
CE	C	-0.13%
MANH	B	-0.12%
EME	A	-0.11%
AOS	B	-0.1%
GEHC	C	-0.09%
CRBG	B	-0.08%
TGT	D	-0.07%
EXPE	B	-0.05%
ZM	C	-0.05%
ADP	A	-0.05%
SYK	D	-0.04%
EVRG	D	-0.03%
JLL	C	-0.03%
ROP	D	-0.03%
MAA	D	-0.02%
EMR	B	-0.02%
MEDP	F	-0.02%
TXT	F	-0.02%
ADM	F	-0.02%
LAMR	C	-0.02%