FFSM vs. HAPS ETF Comparison

Comparison of Fidelity Fundamental Small-Mid Cap ETF (FFSM) to Harbor Corporate Culture Small Cap ETF (HAPS)

FFSM

Fidelity Fundamental Small-Mid Cap ETF

FFSM Description

FFSM discloses holdings only on a monthly basis with a 30-day lag. The fund actively selects global mid- and small-cap companies with both growth and value factors. The portfolio is selected using fundamental and quantitative analysis, considering factors such as issuer's financial health and industry position, as well as the overall economic condition. The fund has a Tracking Basket Structure in place, which acts as a proxy portfolio that includes some of the funds holdings from recent disclosure, significant portion of the funds holdings, and cash. This is designed to track the funds daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads. Before February 26, 2024, the fund traded as Fidelity Small-Mid Cap Opportunities ETF under the ticker FSMO.

Grade (RS Rating)

Last Trade

$29.06

Average Daily Volume

28,472

Number of Holdings ^*

171

* may have additional holdings in another (foreign) market

HAPS

Harbor Corporate Culture Small Cap ETF

HAPS Description

The fund invests at least 80% of its total assets in securities that are included in the index. The index consists of a modified market capitalization-weighted portfolio of equity securities of approximately 200 small cap U.S. companies identified by Irrational Capital LLC those it believes to possess strong corporate culture based on its proprietary scoring methodology.

Grade (RS Rating)

Last Trade

$31.66

Average Daily Volume

141

Number of Holdings ^*

179

* may have additional holdings in another (foreign) market

Performance

Period	FFSM	HAPS
30 Days	7.11%	7.80%
60 Days	5.92%	7.16%
90 Days	6.92%	12.88%
12 Months	35.08%	27.41%

11 Overlapping Holdings

Symbol	Grade	Weight in FFSM	Weight in HAPS	Overlap
ACLX	C	0.19%	1.89%	0.19%
AMN	F	0.27%	0.35%	0.27%
CBT	C	0.59%	2.02%	0.59%
EAT	A	0.47%	1.72%	0.47%
GVA	A	0.35%	1.25%	0.35%
KBH	D	0.64%	1.26%	0.64%
KFRC	D	0.18%	0.35%	0.18%
LAUR	A	0.24%	0.77%	0.24%
LBRT	D	0.59%	1.0%	0.59%
NUVL	D	0.16%	1.39%	0.16%
TEX	D	0.42%	1.24%	0.42%

FFSM Overweight 160 Positions Relative to HAPS

Symbol	Grade	Weight
EME	C	1.81%
UHS	D	1.5%
FTI	A	1.47%
TPX	B	1.46%
ACGL	D	1.45%
EXP	A	1.44%
MUSA	A	1.34%
NSIT	F	1.33%
AR	B	1.27%
BJ	A	1.22%
FN	D	1.22%
ITT	A	1.2%
CROX	D	1.17%
PFGC	B	1.16%
USFD	A	1.16%
VRT	B	1.14%
SN	D	1.11%
JLL	D	1.1%
MOH	F	1.1%
CACI	D	1.06%
WHD	B	1.01%
CR	A	1.01%
RRX	B	1.01%
ORI	A	0.96%
SNX	C	0.95%
DOX	D	0.92%
AIZ	A	0.91%
BOOT	D	0.9%
TMDX	F	0.9%
LNG	B	0.9%
DFS	B	0.89%
AIT	A	0.88%
SNV	B	0.88%
DKS	C	0.84%
STX	D	0.84%
AYI	B	0.81%
TGLS	B	0.81%
FAF	A	0.77%
ALSN	B	0.76%
BC	C	0.76%
VTR	C	0.76%
RGA	A	0.76%
NXST	C	0.75%
SF	B	0.75%
PNFP	B	0.73%
PCG	A	0.72%
HLI	B	0.71%
GPK	C	0.71%
AEIS	B	0.66%
ACM	A	0.66%
ASGN	F	0.65%
AES	F	0.65%
LPX	B	0.65%
FCNCA	A	0.63%
ON	D	0.62%
BECN	B	0.61%
MMS	F	0.6%
CMC	B	0.6%
FSS	B	0.6%
G	B	0.59%
VNT	B	0.59%
CADE	B	0.59%
WBS	A	0.57%
NOG	A	0.57%
MEDP	D	0.57%
MTSI	B	0.57%
PRI	A	0.56%
EPRT	B	0.56%
HOLX	D	0.56%
XPO	B	0.56%
BCO	D	0.56%
CHDN	B	0.54%
ESI	A	0.54%
CIEN	B	0.53%
ASO	F	0.53%
WTFC	A	0.52%
CRL	C	0.52%
CWK	B	0.51%
RJF	A	0.51%
PVH	C	0.51%
HAYW	B	0.51%
IESC	B	0.51%
GMS	B	0.51%
WIX	B	0.5%
AFG	A	0.49%
EBC	B	0.49%
CTRE	D	0.49%
CNM	D	0.47%
KBR	F	0.46%
BOKF	B	0.46%
BLDR	D	0.46%
TENB	C	0.45%
OLN	D	0.45%
PRCT	B	0.44%
LITE	B	0.44%
NOMD	D	0.42%
AXTA	A	0.42%
ARGX	A	0.41%
COMP	B	0.4%
LW	C	0.4%
MASI	A	0.39%
IP	B	0.37%
CXT	B	0.36%
CAH	B	0.36%
RUSHA	C	0.35%
AZZ	B	0.34%
GTES	A	0.33%
WFRD	D	0.33%
PCVX	D	0.32%
FLEX	A	0.31%
AZEK	A	0.3%
UPBD	B	0.3%
ARCB	C	0.3%
MTB	A	0.3%
SKY	A	0.3%
LEA	D	0.3%
GRBK	D	0.3%
CNXC	F	0.29%
IBTX	B	0.29%
FBP	B	0.29%
LCII	C	0.29%
DIOD	D	0.27%
ALGM	D	0.24%
DOOO	F	0.23%
PATK	D	0.2%
CRNX	C	0.19%
RGEN	D	0.19%
CYTK	F	0.18%
MDGL	B	0.16%
AAP	C	0.15%
XPRO	F	0.14%
MNDY	C	0.14%
KROS	D	0.13%
ELVN	D	0.12%
VCEL	B	0.12%
VRDN	D	0.12%
OMI	F	0.12%
AXSM	B	0.11%
ANAB	F	0.11%
CSTM	F	0.11%
TYRA	F	0.11%
COGT	D	0.11%
LBPH	A	0.1%
ICLR	D	0.1%
CLDX	F	0.1%
XENE	D	0.09%
AUTL	F	0.08%
TCBK	B	0.08%
MRUS	F	0.07%
PBH	A	0.06%
ARVN	D	0.04%
ATKR	C	0.01%
FIBK	A	0.01%
CC	C	0.01%
LPLA	A	0.01%
STLD	B	0.01%
AME	A	0.01%
ALXO	F	0.0%
EWTX	C	0.0%
ZNTL	F	0.0%

FFSM Underweight 168 Positions Relative to HAPS

Symbol	Grade	Weight
AWI	A	-2.18%
PECO	A	-1.99%
MOG.A	B	-1.91%
RYTM	C	-1.76%
APLE	B	-1.71%
PTCT	B	-1.63%
LOPE	B	-1.58%
AGIO	C	-1.55%
AVT	C	-1.53%
REZI	A	-1.42%
HLNE	B	-1.37%
KYMR	D	-1.32%
HRI	B	-1.32%
TNL	A	-1.3%
NSA	D	-1.26%
OGS	A	-1.24%
KOS	F	-1.2%
PIPR	B	-1.17%
MC	C	-1.14%
TPG	A	-1.13%
SR	A	-1.11%
RDN	C	-1.1%
YETI	C	-1.02%
POWL	C	-0.98%
CPA	D	-0.96%
SGRY	F	-0.95%
IVT	B	-0.94%
NSP	D	-0.9%
BROS	B	-0.9%
NTLA	F	-0.86%
AIN	C	-0.8%
CAKE	C	-0.79%
PSMT	C	-0.78%
BHF	B	-0.75%
FHB	A	-0.74%
ALTR	B	-0.74%
SXT	B	-0.73%
DK	C	-0.72%
UPWK	B	-0.71%
WD	D	-0.71%
HURN	B	-0.69%
STEP	B	-0.69%
ACIW	B	-0.68%
GSAT	C	-0.66%
TRIP	F	-0.64%
AUR	C	-0.62%
WAFD	B	-0.62%
BOX	B	-0.62%
APPF	B	-0.6%
TARS	B	-0.6%
WK	B	-0.57%
CCS	D	-0.57%
BFH	B	-0.57%
KURA	F	-0.56%
FRME	B	-0.56%
ALGT	B	-0.55%
PI	D	-0.55%
JBGS	D	-0.55%
CMPR	D	-0.54%
BANR	B	-0.54%
COLL	F	-0.51%
LGIH	D	-0.51%
MD	B	-0.5%
UPST	B	-0.5%
PLMR	B	-0.5%
TOWN	B	-0.49%
BKE	B	-0.49%
IRWD	F	-0.49%
TROX	D	-0.49%
FLYW	C	-0.48%
EFSC	B	-0.47%
TRMK	B	-0.47%
FORM	D	-0.45%
FROG	C	-0.45%
WSBC	A	-0.44%
TDC	D	-0.44%
AESI	B	-0.44%
CASH	A	-0.43%
PRVA	B	-0.43%
ALRM	C	-0.43%
CRAI	B	-0.42%
SCSC	B	-0.41%
NNI	D	-0.4%
IDT	B	-0.4%
SCS	C	-0.39%
WGO	C	-0.39%
MCY	A	-0.38%
PRGS	A	-0.38%
SONO	C	-0.38%
LOB	B	-0.37%
CSTL	D	-0.35%
VERX	B	-0.35%
VBTX	B	-0.35%
RPD	C	-0.34%
CENTA	C	-0.33%
UAA	C	-0.33%
HTH	B	-0.32%
PAR	B	-0.31%
ZETA	D	-0.31%
RYI	C	-0.3%
RGNX	F	-0.29%
DOLE	D	-0.29%
VIAV	B	-0.29%
ENV	B	-0.28%
OXM	D	-0.28%
OPEN	D	-0.27%
EXPI	C	-0.27%
KOP	C	-0.27%
BRZE	C	-0.27%
DOCN	D	-0.26%
EXTR	B	-0.26%
OCFC	B	-0.26%
USNA	C	-0.25%
BZH	B	-0.25%
CARG	C	-0.25%
CALX	D	-0.24%
INTA	A	-0.23%
SPT	C	-0.23%
CGEM	F	-0.23%
OBK	B	-0.22%
CSGS	B	-0.21%
VERV	F	-0.21%
SPTN	D	-0.21%
INFN	C	-0.2%
PSCF	A	-0.2%
SDGR	C	-0.19%
FWRG	C	-0.19%
SAGE	F	-0.18%
PRA	C	-0.17%
CARS	B	-0.17%
BY	B	-0.17%
ARLO	C	-0.17%
ASAN	C	-0.17%
LMB	A	-0.17%
ALKT	B	-0.16%
AMCX	C	-0.16%
MBIN	D	-0.15%
ATEN	B	-0.15%
CERT	F	-0.15%
AGS	A	-0.14%
FC	F	-0.14%
COUR	F	-0.13%
VSAT	F	-0.12%
UDMY	F	-0.12%
GDYN	B	-0.12%
YEXT	A	-0.12%
HSTM	B	-0.11%
ALTG	C	-0.1%
BASE	C	-0.1%
NABL	F	-0.1%
RGP	F	-0.1%
HVT	D	-0.1%
ZIP	F	-0.09%
MITK	C	-0.09%
CHGG	D	-0.09%
BIGC	C	-0.08%
NEWT	B	-0.08%
ENFN	A	-0.08%
HCAT	D	-0.07%
IRBT	F	-0.06%
EB	C	-0.06%
SAVE	D	-0.05%
SEMR	B	-0.04%
HMST	D	-0.04%
GPRO	F	-0.04%
DOMO	C	-0.04%
VRA	F	-0.03%
RMAX	C	-0.03%