FHLC vs. SMLV ETF Comparison

Comparison of Fidelity MSCI Health Care Index ETF (FHLC) to SPDR Russell 2000 Low Volatility (SMLV)

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

$68.54

Average Daily Volume

110,689

Number of Holdings ^*

330

* may have additional holdings in another (foreign) market

SMLV

SPDR Russell 2000 Low Volatility

SMLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$139.06

Average Daily Volume

5,752

Number of Holdings ^*

404

* may have additional holdings in another (foreign) market

Performance

Period	FHLC	SMLV
30 Days	-3.70%	11.47%
60 Days	-6.03%	11.54%
90 Days	-6.48%	11.93%
12 Months	13.75%	41.14%

55 Overlapping Holdings

Symbol	Grade	Weight in FHLC	Weight in SMLV	Overlap
ACAD	D	0.03%	0.02%	0.02%
ADMA	B	0.07%	0.13%	0.07%
ADUS	D	0.04%	0.09%	0.04%
AGIO	C	0.05%	0.06%	0.05%
ALKS	B	0.07%	0.05%	0.05%
AMED	F	0.05%	0.05%	0.05%
AMN	F	0.02%	0.02%	0.02%
AMPH	D	0.03%	0.04%	0.03%
ANIP	F	0.02%	0.04%	0.02%
AORT	B	0.02%	0.05%	0.02%
ATRC	C	0.03%	0.04%	0.03%
AVNS	F	0.01%	0.05%	0.01%
AZTA	D	0.03%	0.02%	0.02%
CNMD	C	0.04%	0.04%	0.04%
CORT	B	0.08%	0.08%	0.08%
GKOS	B	0.12%	0.05%	0.05%
HAE	C	0.08%	0.06%	0.06%
HRMY	D	0.02%	0.04%	0.02%
HSTM	B	0.01%	0.14%	0.01%
IART	C	0.02%	0.04%	0.02%
ICUI	D	0.07%	0.09%	0.07%
INSM	C	0.17%	0.08%	0.08%
INVA	D	0.02%	0.1%	0.02%
IRMD	C	0.01%	0.06%	0.01%
IRWD	F	0.01%	0.03%	0.01%
ITGR	B	0.07%	0.07%	0.07%
KIDS	D	0.01%	0.04%	0.01%
LIVN	F	0.05%	0.05%	0.05%
LMAT	A	0.04%	0.11%	0.04%
MLAB	D	0.01%	0.05%	0.01%
MMSI	B	0.1%	0.06%	0.06%
NARI	C	0.04%	0.04%	0.04%
NEOG	F	0.05%	0.04%	0.04%
NHC	C	0.03%	0.21%	0.03%
NRC	F	0.0%	0.03%	0.0%
NVST	B	0.06%	0.05%	0.05%
OFIX	B	0.01%	0.06%	0.01%
OGN	D	0.06%	0.03%	0.03%
OMCL	C	0.03%	0.08%	0.03%
PAHC	C	0.01%	0.1%	0.01%
PBH	A	0.07%	0.15%	0.07%
PCRX	C	0.01%	0.03%	0.01%
PDCO	D	0.03%	0.04%	0.03%
PINC	B	0.04%	0.12%	0.04%
PRGO	B	0.06%	0.06%	0.06%
PTCT	B	0.04%	0.04%	0.04%
RARE	D	0.06%	0.03%	0.03%
RDNT	B	0.08%	0.06%	0.06%
SEM	B	0.07%	0.06%	0.06%
SUPN	C	0.03%	0.07%	0.03%
TBPH	C	0.01%	0.04%	0.01%
UFPT	B	0.03%	0.11%	0.03%
USPH	B	0.02%	0.04%	0.02%
VREX	C	0.01%	0.03%	0.01%
XNCR	B	0.02%	0.05%	0.02%

FHLC Overweight 275 Positions Relative to SMLV

Symbol	Grade	Weight
LLY	F	9.78%
UNH	C	9.04%
JNJ	D	6.2%
ABBV	D	4.89%
MRK	F	4.07%
ABT	B	3.4%
TMO	F	3.19%
ISRG	A	3.14%
DHR	F	2.55%
AMGN	D	2.49%
PFE	D	2.35%
SYK	C	2.22%
BSX	B	2.21%
VRTX	F	2.01%
BMY	B	1.92%
MDT	D	1.87%
GILD	C	1.83%
ELV	F	1.55%
CI	F	1.53%
REGN	F	1.37%
ZTS	D	1.34%
MCK	B	1.33%
CVS	D	1.17%
HCA	F	1.1%
BDX	F	1.08%
COR	B	0.73%
EW	C	0.7%
A	D	0.62%
GEHC	F	0.6%
RMD	C	0.59%
IDXX	F	0.58%
IQV	D	0.58%
VEEV	C	0.55%
HUM	C	0.54%
CNC	D	0.52%
DXCM	D	0.51%
CAH	B	0.49%
ALNY	D	0.49%
MTD	D	0.42%
ZBH	C	0.39%
BIIB	F	0.38%
WST	C	0.37%
STE	F	0.36%
ILMN	D	0.35%
WAT	B	0.35%
LH	C	0.33%
HOLX	D	0.31%
NTRA	B	0.3%
DGX	A	0.3%
PODD	C	0.3%
BAX	D	0.28%
MOH	F	0.28%
ALGN	D	0.27%
VTRS	A	0.26%
THC	D	0.25%
UTHR	C	0.25%
AVTR	F	0.23%
RVTY	F	0.22%
INCY	C	0.21%
MRNA	F	0.21%
BMRN	D	0.2%
UHS	D	0.2%
NBIX	C	0.2%
TECH	D	0.18%
CTLT	B	0.18%
RPRX	D	0.17%
EHC	B	0.17%
HSIC	B	0.16%
CRL	C	0.16%
SOLV	C	0.16%
PEN	B	0.15%
SRPT	D	0.15%
HQY	B	0.15%
EXEL	B	0.15%
EXAS	D	0.15%
TFX	F	0.15%
GMED	A	0.15%
MEDP	D	0.14%
ENSG	D	0.14%
DVA	B	0.14%
ITCI	C	0.13%
CHE	D	0.13%
PCVX	D	0.13%
JAZZ	B	0.12%
MASI	A	0.12%
RGEN	D	0.11%
ELAN	D	0.11%
CYTK	F	0.1%
DOCS	C	0.1%
BIO	D	0.1%
RVMD	C	0.1%
INSP	D	0.09%
BRKR	D	0.09%
LNTH	D	0.09%
BPMC	C	0.09%
HALO	F	0.09%
VKTX	F	0.08%
ROIV	C	0.07%
CRNX	C	0.07%
TGTX	B	0.07%
IONS	F	0.07%
PRCT	B	0.07%
CRVL	A	0.06%
ACHC	F	0.06%
GH	B	0.06%
KRYS	B	0.06%
OPCH	D	0.06%
CRSP	D	0.06%
XRAY	F	0.06%
MDGL	B	0.06%
RYTM	C	0.05%
ACLX	C	0.05%
VCYT	B	0.05%
AXSM	B	0.05%
HIMS	B	0.05%
DNLI	D	0.05%
RNA	D	0.05%
ARWR	F	0.04%
FOLD	F	0.04%
CPRX	C	0.04%
RCM	F	0.04%
IRTC	D	0.04%
TWST	D	0.04%
XENE	D	0.04%
VCEL	B	0.04%
ENOV	C	0.04%
BBIO	F	0.04%
NUVL	D	0.04%
TMDX	F	0.04%
SGRY	F	0.03%
TDOC	C	0.03%
SRRK	B	0.03%
KROS	D	0.03%
DYN	F	0.03%
FTRE	D	0.03%
NVCR	C	0.03%
BEAM	D	0.03%
IOVA	F	0.03%
GERN	D	0.03%
PTGX	C	0.03%
IDYA	F	0.03%
ASTH	D	0.03%
MNKD	C	0.03%
TNDM	F	0.03%
SWTX	C	0.03%
NEO	C	0.03%
VERA	B	0.03%
MRUS	F	0.03%
SHC	F	0.03%
LBPH	A	0.03%
LGND	B	0.03%
PRVA	B	0.03%
APLS	D	0.03%
LFST	C	0.02%
COLL	F	0.02%
BKD	D	0.02%
ARQT	C	0.02%
NVAX	F	0.02%
JANX	C	0.02%
STAA	F	0.02%
AMRX	C	0.02%
IRON	B	0.02%
PHR	F	0.02%
PNTG	D	0.02%
AUPH	B	0.02%
CDNA	D	0.02%
ALHC	C	0.02%
TLRY	F	0.02%
ARVN	D	0.02%
CERT	F	0.02%
MDXG	B	0.02%
RXRX	F	0.02%
VRDN	D	0.02%
HROW	D	0.02%
SDGR	C	0.02%
EWTX	C	0.02%
ARDX	F	0.02%
TARS	B	0.02%
NRIX	D	0.02%
PGNY	F	0.02%
EVH	F	0.02%
SNDX	F	0.02%
CLOV	D	0.02%
TXG	F	0.02%
MD	B	0.02%
SAVA	D	0.02%
NTLA	F	0.02%
BCRX	D	0.02%
WVE	C	0.02%
IMVT	F	0.02%
TVTX	B	0.02%
MYGN	F	0.02%
CLDX	F	0.02%
KYMR	D	0.02%
AKRO	B	0.02%
DVAX	C	0.02%
MIRM	B	0.02%
RXST	F	0.02%
PLSE	C	0.01%
FLGT	F	0.01%
ALLO	F	0.01%
URGN	F	0.01%
TRDA	B	0.01%
CYRX	F	0.01%
YMAB	F	0.01%
TMCI	D	0.01%
PHAT	F	0.01%
OABI	F	0.01%
GDRX	F	0.01%
STOK	F	0.01%
CCRN	F	0.01%
REPL	B	0.01%
HUMA	F	0.01%
PACB	F	0.01%
IMNM	F	0.01%
ARCT	F	0.01%
NUVB	C	0.01%
QTRX	F	0.01%
RVNC	F	0.01%
RGNX	F	0.01%
LQDA	D	0.01%
MNMD	C	0.01%
ERAS	C	0.01%
CYH	F	0.01%
FNA	C	0.01%
ELVN	D	0.01%
SIBN	F	0.01%
PRTA	F	0.01%
SLP	D	0.01%
AGL	F	0.01%
ABUS	D	0.01%
ALT	C	0.01%
CGEM	F	0.01%
MRVI	F	0.01%
EYPT	F	0.01%
ETNB	C	0.01%
CGON	F	0.01%
COGT	D	0.01%
EOLS	D	0.01%
SPRY	D	0.01%
RLAY	F	0.01%
OPK	C	0.01%
PLRX	F	0.01%
VIR	D	0.01%
CTKB	C	0.01%
ESTA	D	0.01%
KURA	F	0.01%
RCUS	F	0.01%
CDMO	B	0.01%
DAWN	F	0.01%
CSTL	D	0.01%
BLFS	C	0.01%
EMBC	C	0.01%
AHCO	F	0.01%
RCKT	F	0.01%
OCUL	D	0.01%
OMI	F	0.01%
ATEC	C	0.01%
LYEL	F	0.0%
LXRX	F	0.0%
ITOS	F	0.0%
TYRA	F	0.0%
FATE	F	0.0%
DH	D	0.0%
EDIT	F	0.0%
FDMT	F	0.0%
SAGE	F	0.0%
ANAB	F	0.0%
ALEC	F	0.0%
SANA	F	0.0%
OLMA	F	0.0%
SIGA	F	0.0%
VERV	F	0.0%
ORIC	F	0.0%
SVRA	D	0.0%

FHLC Underweight 349 Positions Relative to SMLV

Symbol	Grade	Weight
PJT	A	-1.89%
CBU	B	-1.65%
THG	A	-1.63%
NNI	D	-1.56%
VIRT	B	-1.49%
ONB	B	-1.44%
PRK	B	-1.42%
NBTB	B	-1.37%
CHCO	B	-1.25%
FFIN	B	-1.19%
NWBI	B	-1.17%
NBHC	B	-1.15%
CNO	A	-1.14%
SYBT	B	-1.13%
ESGR	B	-1.12%
SASR	B	-1.09%
EFSC	B	-1.08%
HMN	B	-1.08%
IBOC	A	-1.07%
TOWN	B	-1.06%
MGRC	B	-1.02%
GBCI	B	-1.02%
FCF	A	-1.02%
GCMG	B	-1.01%
TRMK	B	-1.0%
FULT	A	-0.98%
QCRH	A	-0.97%
NIC	B	-0.96%
BUSE	B	-0.96%
WABC	B	-0.95%
HOMB	A	-0.93%
WAFD	B	-0.93%
STBA	B	-0.91%
WSBC	A	-0.89%
EIG	B	-0.86%
SFNC	B	-0.85%
GABC	B	-0.84%
BLX	C	-0.84%
AGM	C	-0.83%
RDN	C	-0.82%
LKFN	B	-0.81%
SAFT	C	-0.79%
PEBO	A	-0.77%
SRCE	B	-0.76%
AMSF	B	-0.73%
BRKL	B	-0.72%
WU	D	-0.71%
FBMS	B	-0.68%
CTBI	B	-0.68%
SBSI	B	-0.67%
OBK	B	-0.65%
EVTC	B	-0.65%
EQC	B	-0.64%
TMP	B	-0.63%
PAX	B	-0.61%
OKLO	B	-0.61%
BFC	B	-0.6%
HFWA	B	-0.59%
UVSP	B	-0.59%
FMBH	B	-0.57%
CFFN	B	-0.56%
BHRB	B	-0.56%
NFG	A	-0.48%
FCBC	B	-0.48%
TRST	A	-0.44%
CAC	B	-0.44%
MCBS	B	-0.4%
TRIN	A	-0.4%
AGX	B	-0.38%
AROW	B	-0.37%
GSBC	B	-0.37%
CCNE	B	-0.37%
FMNB	B	-0.36%
THFF	B	-0.36%
NFBK	B	-0.35%
HTBI	B	-0.35%
ESQ	A	-0.34%
HONE	B	-0.34%
BHB	B	-0.34%
CCBG	B	-0.33%
SMBK	B	-0.33%
MPB	B	-0.31%
KRNY	B	-0.31%
SPFI	B	-0.3%
DHIL	A	-0.3%
HIFS	B	-0.29%
BSRR	B	-0.28%
ORRF	B	-0.27%
FMAO	B	-0.27%
ALRS	D	-0.27%
IDA	A	-0.26%
FLO	D	-0.26%
EBF	F	-0.25%
ACNB	B	-0.25%
FBIZ	B	-0.25%
FSBC	B	-0.24%
GLRE	B	-0.24%
HBCP	B	-0.23%
EBTC	B	-0.23%
WTBA	B	-0.23%
PFIS	A	-0.23%
PNM	F	-0.23%
MGEE	C	-0.23%
NWE	B	-0.22%
BWB	B	-0.21%
BKH	A	-0.21%
CZNC	B	-0.2%
FSBW	B	-0.2%
SLGN	A	-0.2%
CPK	A	-0.2%
PECO	A	-0.2%
ARTNA	D	-0.19%
SR	A	-0.19%
SBR	B	-0.19%
NWN	A	-0.19%
CSWI	A	-0.19%
GNTY	A	-0.19%
FLIC	B	-0.19%
FNLC	B	-0.18%
FRST	B	-0.17%
GTY	B	-0.17%
VLGEA	B	-0.17%
NPK	B	-0.17%
PSTL	D	-0.16%
DEA	D	-0.16%
SXT	B	-0.16%
CBNK	B	-0.16%
WSBF	C	-0.16%
JJSF	B	-0.15%
CTO	B	-0.15%
GPOR	B	-0.15%
CMPO	A	-0.15%
WT	B	-0.15%
CALM	A	-0.15%
TRS	B	-0.14%
WERN	C	-0.14%
ROAD	A	-0.14%
FELE	B	-0.14%
ICFI	F	-0.14%
BRC	D	-0.14%
PLXS	B	-0.14%
HTLD	B	-0.14%
CVLT	B	-0.14%
TRC	F	-0.14%
ACA	A	-0.13%
GOOD	B	-0.13%
LXP	D	-0.13%
GATX	A	-0.13%
VMI	B	-0.13%
GENC	B	-0.13%
SNDR	B	-0.13%
BCAL	B	-0.13%
UNF	B	-0.13%
CSR	B	-0.13%
LTC	B	-0.13%
ELME	D	-0.13%
TGNA	B	-0.13%
ARKO	C	-0.13%
BMI	B	-0.13%
HWKN	B	-0.12%
SMP	B	-0.12%
FTDR	A	-0.12%
NHI	D	-0.12%
FCPT	C	-0.12%
COLM	B	-0.12%
ESE	B	-0.12%
CBZ	B	-0.12%
GEF	A	-0.12%
HCKT	B	-0.12%
UTMD	F	-0.12%
BNL	D	-0.12%
CSGS	B	-0.12%
PKE	B	-0.12%
EXPO	D	-0.12%
MWA	B	-0.12%
MRTN	C	-0.11%
HCC	B	-0.11%
FSS	B	-0.11%
RNGR	B	-0.11%
RUSHA	C	-0.11%
UHT	D	-0.11%
KREF	D	-0.11%
PRIM	A	-0.11%
OSIS	B	-0.11%
SXC	A	-0.11%
AROC	B	-0.11%
GHC	C	-0.11%
HNI	B	-0.11%
GRC	A	-0.11%
SCL	C	-0.11%
NTST	D	-0.11%
BHE	B	-0.11%
MLR	B	-0.11%
CTRE	D	-0.11%
DORM	B	-0.11%
PRGS	A	-0.11%
WEN	D	-0.1%
CASS	B	-0.1%
MSGS	A	-0.1%
LNN	B	-0.1%
MOG.A	B	-0.1%
IRT	A	-0.1%
KW	B	-0.1%
DEI	B	-0.1%
NCNO	B	-0.1%
HSII	B	-0.1%
NTCT	C	-0.1%
WDFC	B	-0.1%
CUZ	B	-0.1%
HIW	D	-0.1%
HUBG	A	-0.1%
ACIW	B	-0.1%
BLKB	B	-0.09%
NOMD	D	-0.09%
GLDD	B	-0.09%
ALG	B	-0.09%
SXI	B	-0.09%
BBSI	B	-0.09%
WINA	B	-0.09%
CRC	B	-0.09%
APOG	B	-0.09%
DNB	B	-0.09%
KAI	A	-0.09%
CHCT	C	-0.09%
RDWR	B	-0.09%
BFS	C	-0.09%
JBSS	D	-0.09%
CCOI	B	-0.09%
AFCG	D	-0.09%
APLE	B	-0.08%
AVT	C	-0.08%
PCH	D	-0.08%
PSMT	C	-0.08%
JBGS	D	-0.08%
MRCY	B	-0.08%
AHH	D	-0.08%
LZB	B	-0.08%
ABM	B	-0.08%
IOSP	B	-0.08%
TTMI	B	-0.08%
HURN	B	-0.08%
RLGT	A	-0.08%
GMRE	F	-0.08%
RGP	F	-0.08%
PRDO	B	-0.08%
EPAC	B	-0.08%
MTX	B	-0.08%
FPI	B	-0.08%
PBT	C	-0.08%
LOPE	B	-0.08%
ASH	D	-0.08%
GPI	A	-0.07%
VIAV	B	-0.07%
KN	B	-0.07%
BOX	B	-0.07%
ENS	D	-0.07%
CNNE	B	-0.07%
SPOK	C	-0.07%
MGIC	F	-0.07%
TNC	D	-0.07%
KFRC	D	-0.07%
SANM	B	-0.07%
TRNS	D	-0.07%
PLOW	D	-0.07%
AZZ	B	-0.07%
WEYS	C	-0.07%
CTS	C	-0.07%
JBT	B	-0.07%
LAUR	A	-0.07%
ECVT	C	-0.06%
SFL	D	-0.06%
CMCO	B	-0.06%
GPRK	C	-0.06%
PLUS	F	-0.06%
FUL	F	-0.06%
MNRO	D	-0.06%
FSTR	B	-0.06%
MYRG	B	-0.06%
ATEN	B	-0.06%
ITRN	B	-0.06%
FORR	D	-0.06%
ENV	B	-0.06%
CENT	C	-0.06%
IBEX	B	-0.06%
CXT	B	-0.06%
ARCH	B	-0.06%
CVCO	A	-0.06%
SHOO	D	-0.06%
CABO	C	-0.06%
SATS	D	-0.06%
RGR	F	-0.06%
CSV	B	-0.06%
LGTY	D	-0.06%
VAL	D	-0.06%
MTRN	C	-0.05%
POWI	D	-0.05%
ATEX	D	-0.05%
ASGN	F	-0.05%
VSH	D	-0.05%
JOUT	D	-0.05%
TTGT	C	-0.05%
ETD	C	-0.05%
MEI	D	-0.05%
CRI	D	-0.05%
SPB	C	-0.05%
MATW	C	-0.05%
NATR	C	-0.05%
HUN	F	-0.05%
ATNI	F	-0.05%
IRDM	D	-0.05%
NVEC	C	-0.05%
DK	C	-0.05%
AEIS	B	-0.05%
AIN	C	-0.05%
BL	B	-0.05%
LILAK	D	-0.05%
SPNS	F	-0.05%
TPH	D	-0.05%
SCSC	B	-0.05%
WK	B	-0.05%
CEVA	B	-0.05%
STRA	C	-0.05%
ZD	C	-0.05%
ZIP	F	-0.04%
SHEN	F	-0.04%
THRM	D	-0.04%
ALRM	C	-0.04%
FORM	D	-0.04%
IPGP	D	-0.04%
VRNT	C	-0.04%
BOWL	C	-0.04%
SRDX	B	-0.04%
USNA	C	-0.04%
PZZA	D	-0.04%
VPG	D	-0.04%
ANIK	F	-0.03%
CBRL	C	-0.03%
HELE	C	-0.03%
JBI	F	-0.03%
HLF	C	-0.03%
OXM	D	-0.03%
HI	C	-0.03%
VECO	F	-0.03%
ARCO	F	-0.03%
SCHL	D	-0.03%
CNXC	F	-0.03%
LEG	F	-0.03%
AAP	C	-0.02%
IMTX	F	-0.02%