FHEQ vs. VSLU ETF Comparison

Comparison of Fidelity Hedged Equity ETF (FHEQ) to Applied Finance Valuation Large Cap ETF (VSLU)

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.23

Average Daily Volume

20,635

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

VSLU

Applied Finance Valuation Large Cap ETF

VSLU Description

ETF Opportunities Trust - Applied Finance Valuation Large Cap ETF is an exchange traded fund launched by ETF Opportunities Trust. The fund is co-managed by Applied Finance Advisors, LLC and Toroso Investments, LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies. The fund employs proprietary research to create its portfolio. ETF Opportunities Trust - Applied Finance Valuation Large Cap ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$36.22

Average Daily Volume

18,722

Number of Holdings ^*

306

* may have additional holdings in another (foreign) market

Performance

Period	FHEQ	VSLU
30 Days	0.61%	0.42%
60 Days	5.93%	6.78%
90 Days	7.96%	11.00%
12 Months		33.81%

87 Overlapping Holdings

Symbol	Grade	Weight in FHEQ	Weight in VSLU	Overlap
AAPL	C	7.29%	7.1%	7.1%
ABBV	B	1.25%	1.84%	1.25%
ADBE	D	0.92%	0.92%	0.92%
ADP	A	0.15%	0.29%	0.15%
ALLE	D	0.41%	0.05%	0.05%
AMAT	F	0.76%	0.7%	0.7%
AMT	D	0.04%	0.3%	0.04%
AMZN	A	3.42%	3.48%	3.42%
ANET	B	0.59%	0.15%	0.15%
AVGO	B	1.72%	3.04%	1.72%
AXP	B	0.42%	0.54%	0.42%
BBWI	D	0.07%	0.02%	0.02%
BK	A	0.35%	0.01%	0.01%
BMY	A	0.74%	0.72%	0.72%
CAH	C	0.41%	0.12%	0.12%
CAT	B	0.6%	0.44%	0.44%
CCL	B	0.05%	0.05%	0.05%
CI	D	0.63%	0.1%	0.1%
CMCSA	B	0.86%	0.22%	0.22%
CME	B	0.37%	0.04%	0.04%
CNC	D	0.07%	0.04%	0.04%
CRM	B	1.11%	0.28%	0.28%
CSX	D	0.55%	0.22%	0.22%
CTAS	B	0.64%	0.12%	0.12%
CVX	B	0.02%	0.62%	0.02%
DVN	F	0.53%	0.09%	0.09%
ED	D	0.02%	0.03%	0.02%
EOG	F	0.25%	0.18%	0.18%
FTNT	C	0.12%	0.14%	0.12%
GEHC	D	0.18%	0.07%	0.07%
GEN	B	0.13%	0.04%	0.04%
GILD	A	0.76%	0.8%	0.76%
GL	C	0.19%	0.03%	0.03%
GOOGL	B	2.02%	5.94%	2.02%
GRMN	A	0.3%	0.06%	0.06%
HD	B	1.29%	1.07%	1.07%
HLT	B	0.18%	0.52%	0.18%
IDXX	F	0.04%	0.12%	0.04%
INCY	A	0.28%	0.07%	0.07%
JNJ	D	0.64%	1.84%	0.64%
JPM	B	1.69%	0.72%	0.72%
KLAC	F	0.6%	0.37%	0.37%
KO	D	0.02%	0.54%	0.02%
KR	A	0.11%	0.1%	0.1%
LDOS	A	0.37%	0.08%	0.08%
LMT	D	0.71%	0.3%	0.3%
LRCX	F	0.13%	0.37%	0.13%
MA	B	1.33%	4.56%	1.33%
MDLZ	F	0.08%	0.17%	0.08%
META	B	3.01%	4.22%	3.01%
MGM	D	0.12%	0.02%	0.02%
MMC	D	0.52%	0.2%	0.2%
MMM	D	0.22%	0.17%	0.17%
MRK	F	0.71%	2.04%	0.71%
MSFT	D	5.66%	7.04%	5.66%
MSI	B	0.23%	0.15%	0.15%
NOC	D	0.59%	0.13%	0.13%
NUE	F	0.31%	0.14%	0.14%
NVDA	B	7.2%	6.86%	6.86%
ORCL	B	0.04%	1.16%	0.04%
PG	D	0.85%	0.88%	0.85%
PM	A	0.93%	0.62%	0.62%
PPG	F	0.34%	0.06%	0.06%
PSA	D	0.19%	0.08%	0.08%
PYPL	B	0.5%	0.2%	0.2%
QCOM	F	0.86%	0.42%	0.42%
QRVO	F	0.1%	0.0%	0.0%
ROST	D	0.1%	0.07%	0.07%
RTX	C	0.45%	0.15%	0.15%
SOLV	B	0.14%	0.06%	0.06%
SPG	A	0.15%	0.19%	0.15%
SPGI	D	0.41%	0.28%	0.28%
STLD	B	0.05%	0.08%	0.05%
T	B	0.65%	0.21%	0.21%
TMO	D	0.74%	0.6%	0.6%
TMUS	B	0.07%	0.49%	0.07%
TROW	B	0.14%	0.03%	0.03%
TRV	B	0.51%	0.04%	0.04%
TT	B	0.64%	0.13%	0.13%
TXT	D	0.47%	0.01%	0.01%
UNH	D	0.56%	0.84%	0.56%
UNP	D	0.74%	0.38%	0.38%
V	A	0.44%	3.17%	0.44%
VZ	D	0.51%	0.38%	0.38%
WMT	A	0.8%	0.99%	0.8%
WTW	A	0.3%	0.02%	0.02%
XOM	B	1.51%	0.9%	0.9%

FHEQ Overweight 78 Positions Relative to VSLU

Symbol	Grade	Weight
BRK.A	D	2.15%
GOOG	B	1.96%
NFLX	A	1.17%
BAC	B	1.08%
LLY	F	0.87%
TSLA	B	0.87%
CSCO	A	0.78%
TJX	D	0.7%
PFE	D	0.65%
BDX	D	0.62%
PGR	D	0.61%
NEE	D	0.6%
ECL	D	0.6%
CL	D	0.58%
MSCI	B	0.57%
CMG	D	0.56%
SEIC	A	0.54%
DBX	B	0.54%
ZM	A	0.54%
MU	C	0.53%
SQ	C	0.53%
C	B	0.51%
SCHW	B	0.5%
EXEL	A	0.49%
IGT	F	0.49%
CVNA	B	0.49%
ZBRA	B	0.48%
COST	C	0.44%
GE	D	0.44%
DIS	C	0.41%
TDC	D	0.4%
PCAR	B	0.39%
WM	B	0.38%
CACI	A	0.37%
NOW	A	0.32%
ANF	F	0.32%
MEDP	F	0.32%
AMGN	D	0.28%
UBER	C	0.27%
NSC	B	0.26%
SKYW	A	0.26%
XEL	B	0.24%
BIIB	F	0.24%
HWM	B	0.24%
NBIX	D	0.22%
CVS	F	0.22%
CLX	C	0.2%
DOCU	A	0.18%
ALRM	D	0.18%
GAP	C	0.17%
LNW	D	0.17%
PEGA	A	0.16%
FTI	B	0.16%
TPH	D	0.15%
WDAY	D	0.15%
MS	B	0.14%
ETN	B	0.14%
F	F	0.13%
CINF	B	0.12%
VEEV	C	0.12%
UTHR	A	0.11%
LHX	B	0.11%
DASH	B	0.11%
PLTK	B	0.1%
UHS	D	0.09%
VST	C	0.09%
L	D	0.07%
IFF	D	0.06%
ALL	D	0.06%
CRUS	F	0.06%
SCCO	B	0.05%
LYFT	C	0.05%
OGE	A	0.04%
TWLO	A	0.02%
MHO	D	0.02%
UNM	A	0.01%
BCC	C	0.01%
NWL	B	0.01%

FHEQ Underweight 219 Positions Relative to VSLU

Symbol	Grade	Weight
FI	A	-0.94%
LOW	B	-0.9%
ACN	C	-0.88%
AON	B	-0.78%
BKNG	A	-0.7%
ORLY	B	-0.6%
MCK	D	-0.56%
AZO	D	-0.5%
TXN	B	-0.5%
MCD	D	-0.47%
PEP	F	-0.45%
MAR	B	-0.45%
COR	B	-0.38%
ABT	B	-0.35%
DELL	B	-0.35%
HCA	D	-0.32%
SHW	C	-0.32%
MPC	F	-0.32%
VRTX	A	-0.31%
SYK	A	-0.31%
COP	D	-0.3%
IQV	F	-0.3%
IT	B	-0.29%
HPQ	B	-0.28%
OTIS	B	-0.28%
FIS	B	-0.26%
HON	B	-0.25%
VLO	F	-0.24%
NKE	F	-0.24%
LULU	C	-0.24%
ZTS	F	-0.23%
MTD	D	-0.23%
IBM	D	-0.23%
REGN	F	-0.23%
YUM	C	-0.23%
MO	A	-0.22%
CDW	F	-0.22%
MCO	D	-0.21%
PSX	F	-0.21%
NVR	C	-0.21%
CHTR	B	-0.2%
CPAY	B	-0.2%
DHI	D	-0.2%
FICO	B	-0.19%
STZ	F	-0.19%
ADI	C	-0.19%
ROP	F	-0.19%
MDT	B	-0.18%
URI	B	-0.17%
GM	A	-0.17%
PH	A	-0.17%
TGT	D	-0.16%
TDG	B	-0.16%
EW	D	-0.16%
PHM	D	-0.15%
MNST	B	-0.15%
NXPI	D	-0.15%
BLDR	D	-0.15%
ITW	A	-0.15%
DPZ	C	-0.15%
FCX	B	-0.14%
VLTO	D	-0.14%
VRSN	F	-0.14%
MCHP	F	-0.14%
APH	A	-0.13%
CMI	A	-0.13%
HSY	F	-0.13%
OMC	B	-0.13%
ELV	F	-0.12%
GD	D	-0.12%
UPS	C	-0.11%
GWW	A	-0.11%
KVUE	A	-0.11%
RCL	A	-0.11%
CB	D	-0.11%
DFS	B	-0.1%
DAL	A	-0.1%
A	C	-0.1%
WAB	A	-0.1%
SYY	C	-0.1%
RMD	B	-0.1%
ON	D	-0.1%
ADSK	A	-0.1%
CBOE	B	-0.09%
CDNS	B	-0.09%
ADM	F	-0.09%
CCI	D	-0.09%
SNPS	C	-0.09%
FANG	F	-0.09%
MAS	C	-0.09%
HUM	F	-0.08%
GIS	D	-0.08%
UAL	A	-0.08%
CTSH	D	-0.08%
SLB	F	-0.08%
MET	C	-0.08%
ULTA	D	-0.08%
HPE	B	-0.08%
IR	B	-0.08%
MOH	D	-0.08%
LEN	D	-0.07%
JCI	B	-0.07%
EFX	D	-0.07%
DVA	D	-0.07%
FOXA	B	-0.07%
PAYX	B	-0.07%
MTCH	C	-0.07%
EBAY	D	-0.07%
DOV	A	-0.07%
KDP	F	-0.07%
HAL	F	-0.07%
DG	F	-0.07%
ACGL	F	-0.07%
AFL	D	-0.07%
NTAP	D	-0.06%
BBY	D	-0.06%
PNR	A	-0.06%
GPC	F	-0.06%
TSCO	D	-0.06%
KEYS	C	-0.06%
KHC	F	-0.06%
EA	A	-0.06%
EXPE	A	-0.06%
GLW	B	-0.06%
FDS	B	-0.06%
DECK	B	-0.06%
LYB	F	-0.06%
FDX	D	-0.06%
DRI	B	-0.05%
ODFL	B	-0.05%
CF	B	-0.05%
NRG	B	-0.05%
CHD	C	-0.05%
MLM	B	-0.05%
BG	F	-0.05%
IP	A	-0.04%
SMCI	F	-0.04%
ROK	C	-0.04%
MOS	C	-0.04%
SWKS	F	-0.04%
IPG	F	-0.04%
FAST	A	-0.04%
J	D	-0.04%
WRB	C	-0.04%
VRSK	B	-0.04%
APA	F	-0.04%
MRO	C	-0.04%
GDDY	B	-0.04%
CTRA	F	-0.04%
DOC	A	-0.04%
SNA	A	-0.04%
HIG	D	-0.04%
ENPH	F	-0.03%
BR	B	-0.03%
AVY	D	-0.03%
JBHT	B	-0.03%
VMC	B	-0.03%
KMI	A	-0.03%
RF	B	-0.03%
VTRS	B	-0.03%
USB	B	-0.03%
HOLX	C	-0.03%
LH	B	-0.03%
PEG	C	-0.03%
BALL	F	-0.03%
BWA	D	-0.03%
AMCR	D	-0.03%
ZBH	D	-0.03%
DXCM	D	-0.03%
APTV	F	-0.03%
LW	C	-0.03%
DOW	F	-0.02%
CPT	D	-0.02%
ALGN	F	-0.02%
CE	F	-0.02%
EXPD	D	-0.02%
JBL	B	-0.02%
ROL	D	-0.02%
XYL	F	-0.02%
CHRW	C	-0.02%
EQR	D	-0.02%
UDR	D	-0.02%
MKC	D	-0.02%
PFG	D	-0.02%
MAA	D	-0.02%
JNPR	A	-0.02%
TDY	B	-0.02%
FITB	B	-0.02%
GNRC	A	-0.02%
CTVA	A	-0.02%
IEX	B	-0.02%
CZR	D	-0.02%
HST	C	-0.02%
RL	A	-0.02%
DLTR	F	-0.02%
PKG	A	-0.02%
JKHY	A	-0.02%
ATO	B	-0.01%
PAYC	A	-0.01%
LUV	B	-0.01%
HRL	D	-0.01%
FRT	C	-0.01%
WY	D	-0.01%
AOS	F	-0.01%
TECH	C	-0.01%
TTWO	B	-0.01%
POOL	B	-0.01%
RVTY	C	-0.01%
VTR	B	-0.01%
AVB	B	-0.0%
AIZ	C	-0.0%
EPAM	F	-0.0%
EMN	D	-0.0%
FFIV	B	-0.0%
HII	F	-0.0%
MHK	D	-0.0%
ESS	D	-0.0%
CAG	D	-0.0%
KIM	A	-0.0%