FLCG vs. FHEQ ETF Comparison

Comparison of Federated Hermes MDT Large Cap Growth ETF (FLCG) to Fidelity Hedged Equity ETF (FHEQ)

FLCG

Federated Hermes MDT Large Cap Growth ETF

FLCG Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-sized U.S. companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in a mix of large-cap investments and growth investments. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.37

Average Daily Volume

2,140

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	FLCG	FHEQ
30 Days	5.26%	2.51%
60 Days	7.03%	3.80%
90 Days	10.75%	4.54%
12 Months

41 Overlapping Holdings

Symbol	Grade	Weight in FLCG	Weight in FHEQ	Overlap
AAPL	C	11.09%	7.31%	7.31%
ABBV	D	1.29%	1.0%	1.0%
ADBE	C	0.95%	0.93%	0.93%
ADP	B	0.05%	0.16%	0.05%
AMAT	F	1.39%	0.7%	0.7%
AMGN	D	0.71%	0.24%	0.24%
AMZN	C	5.58%	3.64%	3.64%
ANET	C	2.13%	0.08%	0.08%
AVGO	D	0.32%	1.49%	0.32%
CAH	B	0.08%	0.4%	0.08%
CI	F	0.25%	0.63%	0.25%
CMG	B	0.0%	0.49%	0.0%
COST	B	2.4%	0.45%	0.45%
CRM	B	0.55%	1.09%	0.55%
CVNA	B	0.11%	0.52%	0.11%
DASH	A	0.76%	0.12%	0.12%
FTNT	C	1.86%	0.24%	0.24%
GEHC	F	0.07%	0.17%	0.07%
GOOGL	C	6.78%	2.02%	2.02%
INCY	C	0.38%	0.27%	0.27%
KLAC	D	0.04%	0.54%	0.04%
LLY	F	1.12%	0.76%	0.76%
LRCX	F	0.04%	0.23%	0.04%
MA	C	1.14%	1.34%	1.14%
META	D	4.06%	2.87%	2.87%
MRK	F	0.52%	0.69%	0.52%
MSCI	C	0.18%	0.49%	0.18%
MSFT	F	9.63%	5.64%	5.64%
NFLX	A	0.61%	1.26%	0.61%
NOW	A	0.9%	0.34%	0.34%
NVDA	C	9.38%	7.27%	7.27%
ORCL	B	0.89%	0.04%	0.04%
PEGA	A	0.33%	0.16%	0.16%
PGR	A	0.64%	0.63%	0.63%
PPG	F	0.49%	0.34%	0.34%
QCOM	F	2.36%	0.84%	0.84%
TJX	A	0.39%	0.73%	0.39%
TSLA	B	1.07%	1.26%	1.07%
TT	A	0.2%	0.69%	0.2%
UBER	D	0.14%	0.14%	0.14%
ZM	B	0.47%	0.52%	0.47%

FLCG Overweight 52 Positions Relative to FHEQ

Symbol	Grade	Weight
AMP	A	2.67%
GDDY	A	2.61%
SPOT	B	2.34%
VLTO	D	2.17%
NTNX	A	1.65%
APP	B	1.31%
WING	D	1.15%
SN	D	1.04%
ALSN	B	0.93%
VRT	B	0.9%
PAYC	B	0.8%
COR	B	0.8%
RCL	A	0.77%
EBAY	D	0.7%
KMB	D	0.69%
DELL	C	0.69%
DDOG	A	0.64%
ORLY	B	0.63%
ILMN	D	0.49%
INTU	C	0.35%
VRTX	F	0.32%
RYAN	B	0.31%
MUSA	A	0.29%
STNE	F	0.27%
WU	D	0.26%
ZTS	D	0.25%
PANW	C	0.22%
HUBS	A	0.21%
LYV	A	0.19%
AZO	C	0.13%
REGN	F	0.12%
ALGN	F	0.1%
ZI	D	0.1%
AYI	B	0.09%
GTLB	B	0.09%
MCO	B	0.07%
ELV	F	0.07%
ADSK	A	0.07%
DPZ	C	0.06%
BAX	D	0.06%
FMC	D	0.06%
NTAP	C	0.04%
PAYX	C	0.04%
ALLY	C	0.04%
NCLH	B	0.04%
ULTA	F	0.03%
DUOL	A	0.02%
PEP	F	0.01%
ALNY	D	0.01%
PSTG	D	0.01%
ABNB	C	0.0%
PLTR	B	0.0%

FLCG Underweight 127 Positions Relative to FHEQ

Symbol	Grade	Weight
BRK.A	B	-2.19%
JPM	A	-1.82%
GOOG	C	-1.74%
XOM	B	-1.54%
HD	A	-1.32%
BAC	A	-1.17%
PM	B	-0.92%
PG	A	-0.87%
CMCSA	B	-0.83%
WMT	A	-0.8%
CSCO	B	-0.79%
NEE	D	-0.73%
UNP	C	-0.73%
GILD	C	-0.73%
LMT	D	-0.69%
BMY	B	-0.68%
T	A	-0.67%
CTAS	B	-0.66%
ECL	D	-0.62%
JNJ	D	-0.61%
SQ	A	-0.59%
BDX	F	-0.59%
CL	D	-0.58%
UNH	C	-0.57%
DIS	B	-0.57%
NOC	D	-0.56%
SCHW	B	-0.56%
PFE	D	-0.56%
SEIC	B	-0.54%
C	A	-0.54%
PYPL	B	-0.54%
DVN	F	-0.53%
MMC	B	-0.52%
TXT	D	-0.51%
DBX	B	-0.51%
TRV	B	-0.49%
CAT	B	-0.48%
MU	D	-0.47%
ZBRA	B	-0.47%
V	A	-0.47%
GE	D	-0.45%
IGT	F	-0.45%
ALLE	D	-0.44%
RTX	C	-0.44%
EOG	A	-0.43%
CSX	B	-0.43%
AXP	A	-0.43%
EXEL	B	-0.43%
PCAR	B	-0.42%
ALRM	C	-0.4%
WM	A	-0.38%
CME	A	-0.37%
BK	A	-0.36%
TDC	D	-0.35%
ANF	C	-0.33%
LDOS	C	-0.32%
NUE	C	-0.32%
MEDP	D	-0.31%
GRMN	B	-0.31%
CACI	D	-0.3%
TMUS	B	-0.29%
SKYW	B	-0.29%
SPGI	C	-0.28%
HWM	A	-0.27%
MSI	B	-0.26%
TMO	F	-0.26%
IDXX	F	-0.26%
NSC	B	-0.26%
AMT	D	-0.24%
BLK	C	-0.23%
TROW	B	-0.23%
LHX	C	-0.23%
AME	A	-0.22%
MGM	D	-0.22%
CVS	D	-0.22%
MMM	D	-0.22%
BIIB	F	-0.21%
XEL	A	-0.21%
RSG	A	-0.2%
GL	B	-0.2%
CLX	B	-0.2%
PSA	D	-0.19%
GAP	B	-0.18%
DOCU	A	-0.18%
HLT	A	-0.18%
VZ	C	-0.18%
LNW	D	-0.17%
FTI	A	-0.17%
WDAY	B	-0.16%
SPG	B	-0.16%
MS	A	-0.16%
F	C	-0.15%
TPH	D	-0.15%
ETN	A	-0.15%
WFC	A	-0.15%
GEN	B	-0.13%
VEEV	C	-0.12%
CINF	A	-0.12%
SOLV	C	-0.12%
NBIX	C	-0.11%
BBWI	D	-0.11%
QRVO	F	-0.11%
VST	B	-0.11%
KR	B	-0.11%
ROST	C	-0.1%
PLTK	B	-0.1%
MKL	A	-0.09%
BAH	F	-0.09%
DOC	D	-0.08%
ALL	A	-0.07%
BCC	B	-0.07%
MDLZ	F	-0.07%
L	A	-0.07%
TENB	C	-0.06%
CRUS	D	-0.06%
LYFT	C	-0.06%
BLD	D	-0.05%
UTHR	C	-0.05%
QGEN	D	-0.04%
SCCO	F	-0.04%
LPLA	A	-0.03%
CVX	A	-0.02%
MHO	D	-0.02%
TWLO	A	-0.02%
UNM	A	-0.01%
NWL	B	-0.01%
OGE	B	-0.01%