FFSM vs. IJK ETF Comparison

Comparison of Fidelity Fundamental Small-Mid Cap ETF (FFSM) to iShares S&P Mid-Cap 400 Growth ETF (IJK)

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

$28.75

Average Daily Volume

28,347

Number of Holdings ^*

171

* may have additional holdings in another (foreign) market

IJK

iShares S&P Mid-Cap 400 Growth ETF

IJK Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P MidCap 400Â® Growth Index (the "underlying index"), which measures the performance of the mid-capitalization growth sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$96.25

Average Daily Volume

422,008

Number of Holdings ^*

253

* may have additional holdings in another (foreign) market

Performance

Period	FFSM	IJK
30 Days	5.05%	4.48%
60 Days	4.89%	5.19%
90 Days	5.78%	5.14%
12 Months	33.64%	31.87%

38 Overlapping Holdings

Symbol	Grade	Weight in FFSM	Weight in IJK	Overlap
ACM	B	0.66%	0.43%	0.43%
AIT	B	0.88%	0.67%	0.67%
ALGM	D	0.24%	0.07%	0.07%
AXTA	B	0.42%	0.58%	0.42%
AYI	B	0.81%	0.33%	0.33%
BC	C	0.76%	0.21%	0.21%
BCO	F	0.56%	0.26%	0.26%
CACI	D	1.06%	0.25%	0.25%
CBT	D	0.59%	0.26%	0.26%
CHDN	B	0.54%	0.67%	0.54%
CIEN	C	0.53%	0.26%	0.26%
CNM	D	0.47%	0.31%	0.31%
CR	A	1.01%	0.55%	0.55%
CROX	D	1.17%	0.38%	0.38%
CYTK	F	0.18%	0.17%	0.17%
DKS	D	0.84%	0.4%	0.4%
EME	A	1.81%	1.52%	1.52%
EXP	B	1.44%	0.66%	0.66%
FN	C	1.22%	0.56%	0.56%
HLI	A	0.71%	0.64%	0.64%
ITT	A	1.2%	0.82%	0.82%
KBH	D	0.64%	0.18%	0.18%
KBR	F	0.46%	0.23%	0.23%
LPX	B	0.65%	0.3%	0.3%
MASI	B	0.39%	0.29%	0.29%
MEDP	D	0.57%	0.52%	0.52%
MMS	F	0.6%	0.23%	0.23%
MTSI	B	0.57%	0.29%	0.29%
MUSA	B	1.34%	0.65%	0.65%
OLN	F	0.45%	0.13%	0.13%
PNFP	B	0.73%	0.25%	0.25%
PRI	B	0.56%	0.66%	0.56%
RGEN	D	0.19%	0.43%	0.19%
TEX	F	0.42%	0.13%	0.13%
TPX	B	1.46%	0.62%	0.62%
VNT	C	0.59%	0.38%	0.38%
WFRD	D	0.33%	0.39%	0.33%
XPO	B	0.56%	0.52%	0.52%

FFSM Overweight 133 Positions Relative to IJK

Symbol	Grade	Weight
UHS	D	1.5%
FTI	A	1.47%
ACGL	C	1.45%
NSIT	F	1.33%
AR	B	1.27%
BJ	A	1.22%
PFGC	B	1.16%
USFD	A	1.16%
VRT	B	1.14%
SN	D	1.11%
JLL	D	1.1%
MOH	F	1.1%
WHD	B	1.01%
RRX	B	1.01%
ORI	A	0.96%
SNX	D	0.95%
DOX	D	0.92%
AIZ	A	0.91%
BOOT	C	0.9%
TMDX	F	0.9%
LNG	A	0.9%
DFS	B	0.89%
SNV	C	0.88%
STX	C	0.84%
TGLS	B	0.81%
FAF	A	0.77%
ALSN	B	0.76%
VTR	B	0.76%
RGA	A	0.76%
NXST	C	0.75%
SF	B	0.75%
PCG	A	0.72%
GPK	C	0.71%
AEIS	C	0.66%
ASGN	F	0.65%
AES	F	0.65%
FCNCA	A	0.63%
ON	D	0.62%
BECN	B	0.61%
CMC	B	0.6%
FSS	B	0.6%
LBRT	D	0.59%
G	B	0.59%
CADE	B	0.59%
WBS	A	0.57%
NOG	B	0.57%
EPRT	B	0.56%
HOLX	D	0.56%
ESI	B	0.54%
ASO	F	0.53%
WTFC	A	0.52%
CRL	D	0.52%
CWK	C	0.51%
RJF	A	0.51%
PVH	C	0.51%
HAYW	B	0.51%
IESC	C	0.51%
GMS	B	0.51%
WIX	A	0.5%
AFG	A	0.49%
EBC	B	0.49%
CTRE	C	0.49%
EAT	A	0.47%
BOKF	B	0.46%
BLDR	D	0.46%
TENB	C	0.45%
PRCT	B	0.44%
LITE	B	0.44%
NOMD	D	0.42%
ARGX	B	0.41%
COMP	B	0.4%
LW	C	0.4%
IP	A	0.37%
CXT	C	0.36%
CAH	B	0.36%
GVA	A	0.35%
RUSHA	C	0.35%
AZZ	A	0.34%
GTES	A	0.33%
PCVX	D	0.32%
FLEX	B	0.31%
AZEK	A	0.3%
UPBD	B	0.3%
ARCB	C	0.3%
MTB	A	0.3%
SKY	A	0.3%
LEA	F	0.3%
GRBK	D	0.3%
CNXC	F	0.29%
IBTX	B	0.29%
FBP	C	0.29%
LCII	C	0.29%
DIOD	D	0.27%
AMN	F	0.27%
LAUR	A	0.24%
DOOO	F	0.23%
PATK	C	0.2%
CRNX	C	0.19%
ACLX	C	0.19%
KFRC	D	0.18%
MDGL	B	0.16%
NUVL	C	0.16%
AAP	D	0.15%
XPRO	D	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	C	0.08%
MRUS	F	0.07%
PBH	A	0.06%
ARVN	F	0.04%
ATKR	D	0.01%
FIBK	B	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 215 Positions Relative to IJK

Symbol	Grade	Weight
CSL	C	-1.34%
LII	A	-1.28%
WSO	A	-1.19%
RS	B	-1.12%
TPL	A	-1.12%
WSM	C	-1.1%
OC	A	-1.1%
MANH	D	-1.09%
FIX	A	-1.04%
DT	D	-1.02%
TOL	B	-1.02%
GGG	B	-0.99%
PSTG	D	-0.97%
CASY	A	-0.97%
SAIA	B	-0.91%
TXRH	B	-0.86%
CLH	C	-0.82%
NVT	B	-0.79%
NBIX	C	-0.78%
BWXT	B	-0.76%
OVV	B	-0.76%
IBKR	A	-0.76%
LECO	C	-0.76%
DUOL	A	-0.75%
FND	D	-0.72%
TTEK	F	-0.72%
BLD	D	-0.68%
BURL	B	-0.67%
KNSL	B	-0.67%
WWD	C	-0.66%
EXEL	B	-0.64%
RPM	A	-0.62%
WMS	F	-0.61%
WING	D	-0.61%
PR	B	-0.61%
RBC	A	-0.6%
MORN	B	-0.6%
PEN	B	-0.6%
AAON	B	-0.59%
CW	C	-0.58%
PCTY	C	-0.56%
NYT	D	-0.56%
HRB	D	-0.55%
ELS	C	-0.55%
LNW	F	-0.54%
SKX	D	-0.53%
PLNT	A	-0.53%
RRC	B	-0.53%
ENSG	C	-0.53%
UFPI	C	-0.52%
CHRD	D	-0.52%
SRPT	F	-0.52%
EWBC	A	-0.51%
HLNE	B	-0.51%
ONTO	F	-0.51%
SSD	F	-0.5%
TREX	C	-0.49%
RNR	C	-0.49%
UTHR	C	-0.48%
WEX	D	-0.48%
EVR	B	-0.48%
ANF	F	-0.48%
COKE	C	-0.47%
OLED	F	-0.47%
RYAN	A	-0.47%
GTLS	A	-0.46%
ESAB	C	-0.46%
AMH	C	-0.46%
ELF	C	-0.45%
H	B	-0.45%
FCN	F	-0.45%
MTDR	B	-0.44%
BMRN	F	-0.44%
MSA	F	-0.44%
LSCC	D	-0.44%
ATR	B	-0.43%
DBX	B	-0.42%
LAMR	C	-0.42%
SCI	B	-0.41%
ALTR	B	-0.4%
DTM	A	-0.4%
AVTR	F	-0.39%
CUBE	C	-0.39%
CNX	A	-0.38%
WTS	B	-0.38%
HALO	F	-0.38%
GLPI	C	-0.38%
SFM	A	-0.38%
OLLI	D	-0.37%
VVV	D	-0.36%
RMBS	B	-0.36%
NXT	C	-0.35%
APPF	B	-0.35%
LNTH	D	-0.35%
QLYS	B	-0.35%
EGP	D	-0.34%
DCI	B	-0.34%
BYD	B	-0.33%
WAL	B	-0.33%
CCK	D	-0.33%
CHE	D	-0.33%
WH	B	-0.33%
CG	B	-0.33%
BRBR	A	-0.32%
WTRG	B	-0.31%
RLI	A	-0.31%
FIVE	F	-0.31%
RGLD	C	-0.31%
CIVI	D	-0.3%
LOPE	C	-0.3%
MTN	C	-0.29%
HQY	A	-0.29%
LSTR	D	-0.29%
GXO	B	-0.29%
CVLT	B	-0.29%
GNTX	C	-0.29%
EHC	B	-0.29%
NEU	D	-0.28%
OHI	C	-0.28%
WLK	D	-0.28%
ALV	C	-0.28%
EXLS	B	-0.27%
FCFS	F	-0.27%
LFUS	D	-0.27%
CHX	C	-0.26%
SEIC	B	-0.26%
CELH	F	-0.26%
TTC	C	-0.26%
KNF	B	-0.25%
BRX	A	-0.25%
MIDD	C	-0.24%
FBIN	D	-0.24%
CFR	B	-0.24%
MKSI	C	-0.23%
FLS	B	-0.23%
NOVT	D	-0.23%
ACHC	F	-0.23%
WMG	D	-0.23%
REXR	F	-0.23%
PSN	D	-0.22%
INGR	C	-0.22%
STAG	D	-0.22%
VNOM	A	-0.22%
SIGI	C	-0.22%
FR	D	-0.22%
BRKR	D	-0.22%
TKO	A	-0.22%
ALTM	B	-0.22%
CBSH	B	-0.22%
JAZZ	B	-0.21%
VOYA	B	-0.21%
VAL	F	-0.21%
SLAB	F	-0.21%
AZPN	A	-0.21%
CGNX	D	-0.2%
PK	C	-0.2%
ROIV	C	-0.2%
CRUS	D	-0.2%
DOCS	C	-0.2%
KEX	B	-0.2%
NNN	C	-0.19%
AM	A	-0.19%
HAE	C	-0.18%
TDC	D	-0.18%
MAT	D	-0.18%
TNL	A	-0.17%
COTY	F	-0.17%
HWC	B	-0.17%
OZK	B	-0.17%
HXL	F	-0.16%
DLB	B	-0.16%
IDA	A	-0.16%
MTG	C	-0.16%
EXPO	D	-0.16%
ARWR	D	-0.15%
EEFT	B	-0.15%
EPR	C	-0.14%
YETI	D	-0.14%
RH	C	-0.14%
FFIN	B	-0.14%
SLM	A	-0.14%
SHC	F	-0.14%
SAIC	F	-0.14%
CHWY	B	-0.13%
MUR	D	-0.13%
GATX	A	-0.13%
MSM	C	-0.13%
BLKB	B	-0.13%
OPCH	D	-0.13%
TKR	D	-0.12%
CHH	A	-0.11%
IBOC	B	-0.11%
WEN	D	-0.11%
HGV	C	-0.11%
ENS	F	-0.11%
LANC	C	-0.11%
IRDM	D	-0.11%
POWI	F	-0.11%
CAR	C	-0.11%
NSA	C	-0.1%
RYN	D	-0.1%
AZTA	D	-0.09%
NSP	F	-0.09%
CDP	C	-0.09%
COLM	C	-0.09%
CPRI	F	-0.08%
SMG	C	-0.08%
SYNA	C	-0.08%
AMED	F	-0.08%
SAM	C	-0.08%
LIVN	F	-0.07%
VC	F	-0.07%
IPGP	D	-0.06%
ZI	D	-0.06%
EQH	C	-0.0%