FHLC vs. FFSM ETF Comparison

Comparison of Fidelity MSCI Health Care Index ETF (FHLC) to Fidelity Fundamental Small-Mid Cap ETF (FFSM)

FHLC

Fidelity MSCI Health Care Index ETF

FHLC Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Health Care Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Health Care Index, which represents the performance of the health care sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Health Care Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$69.04

Average Daily Volume

95,241

Number of Holdings ^*

331

* may have additional holdings in another (foreign) market

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

$25.15

Average Daily Volume

20,592

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

Performance

Period	FHLC	FFSM
30 Days	2.07%	-2.44%
60 Days	5.18%	0.54%
90 Days	-0.61%	-3.71%
12 Months	12.18%	20.32%

29 Overlapping Holdings

Symbol	Grade	Weight in FHLC	Weight in FFSM	Overlap
ACHC	D	0.1%	0.67%	0.1%
ACLX	C	0.03%	0.1%	0.03%
ALXO	F	0.0%	0.01%	0.0%
ARVN	F	0.02%	0.06%	0.02%
AXSM	B	0.04%	0.09%	0.04%
CAH	B	0.42%	0.58%	0.42%
CLDX	C	0.03%	0.12%	0.03%
CRL	F	0.18%	0.66%	0.18%
CRNX	D	0.05%	0.18%	0.05%
CYTK	F	0.08%	0.15%	0.08%
HOLX	D	0.27%	0.59%	0.27%
INSM	A	0.15%	0.15%	0.15%
KROS	F	0.02%	0.02%	0.02%
MDGL	B	0.06%	0.16%	0.06%
MEDP	B	0.17%	0.72%	0.17%
MOH	F	0.29%	1.21%	0.29%
MORF	C	0.01%	0.04%	0.01%
NUVL	B	0.04%	0.11%	0.04%
OMI	F	0.02%	0.28%	0.02%
PBH	C	0.05%	0.07%	0.05%
PCVX	B	0.11%	0.09%	0.09%
PGNY	F	0.04%	0.53%	0.04%
RGEN	F	0.11%	0.24%	0.11%
TMDX	B	0.08%	0.4%	0.08%
TXG	F	0.03%	0.04%	0.03%
UHS	B	0.19%	1.23%	0.19%
VCEL	C	0.03%	0.14%	0.03%
XENE	F	0.04%	0.09%	0.04%
ZNTL	F	0.0%	0.02%	0.0%

FHLC Overweight 302 Positions Relative to FFSM

Symbol	Grade	Weight
LLY	A	11.8%
UNH	D	7.26%
JNJ	F	5.75%
MRK	A	5.31%
ABBV	B	4.97%
TMO	D	3.56%
DHR	C	2.97%
ABT	C	2.95%
AMGN	B	2.69%
PFE	C	2.53%
ISRG	A	2.52%
ELV	B	2.01%
VRTX	B	1.98%
SYK	B	1.95%
REGN	A	1.84%
BSX	A	1.84%
MDT	D	1.73%
CI	C	1.56%
BMY	D	1.35%
MCK	A	1.3%
GILD	C	1.29%
ZTS	C	1.27%
CVS	D	1.26%
BDX	D	1.11%
HCA	A	1.11%
EW	B	0.87%
DXCM	D	0.74%
MRNA	C	0.71%
IDXX	D	0.69%
HUM	C	0.69%
A	C	0.65%
IQV	D	0.63%
CNC	D	0.58%
GEHC	C	0.55%
BIIB	C	0.53%
MTD	B	0.52%
RMD	D	0.51%
VEEV	D	0.45%
WST	F	0.39%
ZBH	D	0.36%
STE	D	0.35%
ALNY	A	0.32%
WAT	D	0.29%
BAX	D	0.28%
ILMN	D	0.28%
ALGN	F	0.28%
BMRN	C	0.26%
DGX	B	0.25%
AVTR	D	0.24%
PODD	B	0.23%
UTHR	A	0.22%
NBIX	C	0.21%
VTRS	D	0.2%
THC	B	0.2%
NTRA	B	0.2%
TECH	C	0.19%
TFX	D	0.16%
INCY	B	0.16%
SRPT	B	0.16%
CTLT	B	0.16%
RPRX	D	0.16%
ELAN	B	0.15%
EHC	B	0.14%
HSIC	D	0.14%
DVA	B	0.13%
CHE	D	0.13%
SOLV	F	0.13%
HQY	B	0.12%
GMED	A	0.12%
EXAS	F	0.12%
PEN	F	0.11%
ITCI	B	0.11%
JAZZ	F	0.11%
ENSG	B	0.11%
MASI	B	0.1%
BPMC	B	0.1%
BRKR	F	0.1%
HALO	A	0.1%
OGN	B	0.09%
XRAY	F	0.09%
IONS	B	0.09%
LNTH	B	0.09%
GKOS	B	0.09%
EXEL	B	0.09%
BIO	D	0.09%
MMSI	B	0.08%
OPCH	D	0.08%
CRSP	D	0.08%
INSP	F	0.08%
VKTX	D	0.08%
HAE	D	0.07%
RVMD	B	0.07%
NEOG	C	0.06%
PRGO	F	0.06%
AXNX	B	0.06%
HIMS	C	0.06%
GH	C	0.06%
RDNT	C	0.06%
SEM	A	0.06%
ITGR	D	0.06%
ALKS	D	0.06%
RARE	F	0.05%
AZTA	C	0.05%
PRCT	C	0.05%
LIVN	C	0.05%
NVST	F	0.05%
TWST	C	0.05%
ARWR	C	0.05%
AMED	F	0.05%
DOCS	C	0.05%
CERE	D	0.05%
BBIO	F	0.05%
IRTC	C	0.05%
APLS	F	0.05%
KRYS	B	0.05%
AGIO	B	0.04%
MRUS	B	0.04%
FOLD	D	0.04%
PINC	F	0.04%
MYGN	B	0.04%
NTLA	C	0.04%
EVH	F	0.04%
CRVL	C	0.04%
IDYA	D	0.04%
ADMA	B	0.04%
NARI	C	0.04%
DNLI	B	0.04%
ENOV	F	0.04%
PTCT	C	0.04%
TGTX	B	0.04%
ICUI	C	0.04%
CORT	B	0.04%
RNA	B	0.04%
TNDM	C	0.04%
AMPH	D	0.03%
ACAD	D	0.03%
CPRX	D	0.03%
STAA	C	0.03%
RXST	D	0.03%
IOVA	D	0.03%
SHC	C	0.03%
BEAM	C	0.03%
VCYT	C	0.03%
RXRX	C	0.03%
PRVA	F	0.03%
NEO	F	0.03%
LMAT	B	0.03%
TDOC	F	0.03%
NVAX	C	0.03%
SGRY	F	0.03%
DYN	B	0.03%
ASTH	C	0.03%
UFPT	B	0.03%
RYTM	B	0.03%
GERN	C	0.03%
IART	D	0.03%
ADUS	A	0.03%
FTRE	F	0.03%
AMN	F	0.03%
SWTX	F	0.03%
NVCR	C	0.03%
PDCO	D	0.03%
CNMD	F	0.03%
RCM	B	0.03%
AGL	D	0.03%
NRIX	B	0.02%
HRMY	C	0.02%
MIRM	B	0.02%
SILK	B	0.02%
KURA	C	0.02%
ATRC	F	0.02%
PHR	D	0.02%
ATEC	F	0.02%
COLL	D	0.02%
ANIP	C	0.02%
XNCR	F	0.02%
BCRX	C	0.02%
AKRO	C	0.02%
BKD	D	0.02%
SDGR	F	0.02%
OMCL	F	0.02%
VERA	D	0.02%
PCRX	D	0.02%
MNKD	B	0.02%
TLRY	F	0.02%
RCKT	C	0.02%
IMVT	D	0.02%
LGND	C	0.02%
ARDX	F	0.02%
DVAX	F	0.02%
PTGX	C	0.02%
KYMR	D	0.02%
SNDX	D	0.02%
USPH	D	0.02%
SUPN	F	0.02%
NHC	A	0.02%
CERT	F	0.02%
NVRO	F	0.01%
FATE	F	0.01%
VERV	F	0.01%
PHAT	C	0.01%
ALLO	F	0.01%
OSUR	F	0.01%
SRRK	F	0.01%
ITOS	C	0.01%
REPL	C	0.01%
PAHC	B	0.01%
YMAB	D	0.01%
IRMD	B	0.01%
OABI	F	0.01%
NRC	F	0.01%
ELVN	C	0.01%
NUVB	C	0.01%
PACB	F	0.01%
MNMD	D	0.01%
ALT	C	0.01%
EDIT	F	0.01%
FLGT	D	0.01%
EYPT	F	0.01%
ACCD	F	0.01%
OPK	D	0.01%
OLMA	C	0.01%
CDMO	F	0.01%
CYRX	F	0.01%
SIBN	F	0.01%
MLAB	F	0.01%
WVE	D	0.01%
CYH	F	0.01%
PLRX	F	0.01%
OFIX	D	0.01%
SAGE	F	0.01%
QTRX	F	0.01%
CCRN	F	0.01%
RGNX	F	0.01%
STOK	C	0.01%
KIDS	F	0.01%
TVTX	C	0.01%
COGT	C	0.01%
IMNM	F	0.01%
LBPH	B	0.01%
OCUL	C	0.01%
EOLS	F	0.01%
VRDN	D	0.01%
IRON	C	0.01%
CSTL	D	0.01%
LFST	F	0.01%
EWTX	C	0.01%
VREX	F	0.01%
PETQ	B	0.01%
ARCT	F	0.01%
MD	D	0.01%
LQDA	D	0.01%
RLAY	D	0.01%
DAWN	D	0.01%
CGEM	D	0.01%
ETNB	F	0.01%
GDRX	C	0.01%
TARS	D	0.01%
CTKB	F	0.01%
FDMT	D	0.01%
PNTG	B	0.01%
ATRI	B	0.01%
HSTM	B	0.01%
CGON	F	0.01%
PRTA	F	0.01%
EMBC	C	0.01%
AUPH	C	0.01%
KNSA	C	0.01%
SANA	F	0.01%
BLFS	B	0.01%
ALHC	C	0.01%
MRVI	F	0.01%
SLP	B	0.01%
IRWD	F	0.01%
SAVA	F	0.01%
RCUS	D	0.01%
AHCO	C	0.01%
AMRX	C	0.01%
ESTA	D	0.01%
JANX	D	0.01%
VIR	F	0.01%
ARQT	C	0.01%
MDXG	F	0.01%
AVNS	F	0.01%
INVA	B	0.01%
BMEA	F	0.0%
MGNX	F	0.0%
TRDA	C	0.0%
ORIC	F	0.0%
ANAB	B	0.0%
HLVX	D	0.0%
LYEL	F	0.0%
FNA	F	0.0%
TMCI	F	0.0%
DH	F	0.0%
SIGA	C	0.0%
RVNC	F	0.0%
SVRA	F	0.0%
TBPH	F	0.0%
SPRY	D	0.0%
CABA	F	0.0%
ALEC	F	0.0%

FHLC Underweight 129 Positions Relative to FFSM

Symbol	Grade	Weight
VRT	C	-1.71%
FTI	C	-1.68%
EME	B	-1.65%
AR	B	-1.58%
TPX	D	-1.49%
AZO	B	-1.47%
ACGL	A	-1.33%
MUSA	A	-1.27%
BJ	A	-1.22%
CROX	B	-1.17%
ITT	D	-1.14%
PFGC	C	-1.11%
RRX	F	-1.09%
EXP	D	-1.08%
LPLA	B	-1.06%
USFD	A	-1.05%
CR	B	-1.01%
FN	B	-0.99%
DKS	B	-0.98%
NSIT	B	-0.98%
DOX	D	-0.98%
WHD	B	-0.97%
CACI	A	-0.96%
XPO	D	-0.96%
CHDN	A	-0.94%
DFS	B	-0.89%
ORI	C	-0.89%
LNG	B	-0.88%
AIZ	D	-0.88%
ATKR	F	-0.87%
AME	D	-0.85%
SNX	C	-0.83%
NXST	C	-0.82%
JLL	B	-0.81%
AYI	D	-0.81%
BC	F	-0.81%
AIT	C	-0.79%
VNT	D	-0.79%
BECN	C	-0.76%
FAF	D	-0.75%
ASGN	D	-0.75%
TGLS	F	-0.74%
GVA	B	-0.74%
ON	D	-0.72%
STX	B	-0.72%
SN	B	-0.72%
PVH	C	-0.71%
PCG	C	-0.7%
CC	F	-0.69%
GPK	C	-0.68%
CNM	D	-0.68%
KBR	C	-0.67%
ALSN	C	-0.66%
FCNCA	D	-0.66%
AEIS	C	-0.66%
ACM	C	-0.66%
AES	D	-0.65%
RGA	B	-0.65%
STLD	D	-0.64%
CMC	C	-0.64%
SNV	C	-0.63%
PNFP	D	-0.63%
HLI	C	-0.63%
G	D	-0.63%
BOOT	B	-0.63%
DT	F	-0.61%
FSS	D	-0.59%
VTR	A	-0.59%
PRI	B	-0.59%
MMS	B	-0.59%
MTSI	B	-0.58%
WBS	D	-0.58%
CADE	C	-0.58%
RJF	C	-0.57%
CIEN	D	-0.56%
CBT	D	-0.54%
KBH	B	-0.54%
TENB	D	-0.54%
LBRT	D	-0.54%
OLN	D	-0.54%
ESI	B	-0.52%
AFG	D	-0.52%
WTFC	C	-0.51%
EXLS	C	-0.5%
LPX	C	-0.5%
HAYW	D	-0.5%
TEX	D	-0.5%
EPRT	B	-0.48%
BCO	A	-0.47%
OI	F	-0.47%
LSCC	F	-0.45%
CACC	D	-0.44%
BOKF	C	-0.44%
CHX	C	-0.43%
EBC	C	-0.43%
LEA	F	-0.4%
ASO	F	-0.4%
CWK	C	-0.39%
WSC	F	-0.39%
NOMD	D	-0.39%
FIBK	C	-0.38%
NOG	C	-0.38%
FROG	C	-0.37%
ICHR	D	-0.37%
FBP	B	-0.35%
ALGM	F	-0.34%
CNXC	F	-0.34%
LITE	B	-0.34%
ESGR	B	-0.34%
DOOO	D	-0.34%
FLEX	C	-0.33%
FIVN	F	-0.33%
LAUR	D	-0.33%
DIOD	D	-0.33%
RUSHA	D	-0.32%
ARGX	B	-0.31%
LCII	F	-0.29%
EAT	B	-0.28%
PRO	D	-0.28%
MTB	C	-0.27%
HELE	F	-0.21%
IBTX	B	-0.21%
KFRC	D	-0.2%
CSTM	D	-0.19%
PATK	C	-0.18%
XPRO	B	-0.17%
ECPG	F	-0.13%
ICLR	B	-0.11%
TCBK	C	-0.07%