FLSP vs. FBCG ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to Fidelity Blue Chip Growth ETF (FBCG)

FLSP

Franklin Liberty Systematic Style Premia ETF

FLSP Description

The investment seeks absolute return. The fund seeks to achieve its investment goal by allocating its assets across two underlying alternative investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. Through the two strategies, it may invest in or obtain exposure to: (i) equity securities (which may include common stocks and preferred stocks), (ii) debt securities (which may include bonds, notes, debentures, banker's acceptances and commercial paper), (iii) commodity-linked derivative instruments and (iv) currency-related derivative instruments.

Grade (RS Rating)

Last Trade

$24.11

Average Daily Volume

11,449

Number of Holdings ^*

183

* may have additional holdings in another (foreign) market

FBCG

Fidelity Blue Chip Growth ETF

FBCG Description

The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes have above-average growth potential (stocks of these companies are often called "growth" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.39

Average Daily Volume

430,677

Number of Holdings ^*

206

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	FBCG
30 Days	0.69%	4.37%
60 Days	0.06%	7.36%
90 Days	0.73%	7.64%
12 Months	6.54%	43.27%

42 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in FBCG	Overlap
ADBE	C	0.91%	0.0%	0.0%
AMAT	F	0.66%	0.05%	0.05%
APH	A	0.18%	0.09%	0.09%
APP	B	0.31%	0.51%	0.31%
BKNG	A	0.87%	0.04%	0.04%
BLDR	D	0.1%	0.09%	0.09%
CHRW	C	0.08%	0.06%	0.06%
DECK	A	0.16%	0.54%	0.16%
DKS	C	0.07%	0.26%	0.07%
EL	F	0.1%	0.03%	0.03%
EOG	A	0.44%	0.2%	0.2%
FDX	B	0.27%	0.03%	0.03%
GM	B	0.36%	0.0%	0.0%
HD	A	0.28%	0.09%	0.09%
INTU	C	0.68%	0.23%	0.23%
LIN	D	0.13%	0.05%	0.05%
LNG	B	0.29%	0.03%	0.03%
LULU	C	0.16%	0.46%	0.16%
MA	C	0.77%	1.1%	0.77%
META	D	0.45%	5.72%	0.45%
MMM	D	0.41%	0.03%	0.03%
MS	A	0.15%	0.12%	0.12%
MSFT	F	0.57%	8.36%	0.57%
NFLX	A	0.45%	2.4%	0.45%
NOW	A	0.75%	0.39%	0.39%
NVDA	C	0.62%	13.34%	0.62%
ON	D	0.04%	0.54%	0.04%
PG	A	0.13%	0.13%	0.13%
PHM	D	0.11%	0.1%	0.1%
QCOM	F	0.83%	0.15%	0.15%
RCL	A	0.21%	0.03%	0.03%
REGN	F	0.33%	0.81%	0.33%
SE	B	0.18%	0.0%	0.0%
SNPS	B	0.2%	0.06%	0.06%
TER	D	0.06%	0.3%	0.06%
TGT	F	0.19%	0.08%	0.08%
TJX	A	0.75%	0.54%	0.54%
TMO	F	0.34%	0.1%	0.1%
UBER	D	0.49%	1.19%	0.49%
WMT	A	0.75%	0.41%	0.41%
WSM	B	0.11%	0.05%	0.05%
ZM	B	0.1%	0.13%	0.1%

FLSP Overweight 141 Positions Relative to FBCG

Symbol	Grade	Weight
CRM	B	0.7%
T	A	0.63%
GILD	C	0.61%
MDT	D	0.6%
ABBV	D	0.59%
BMY	B	0.59%
VRTX	F	0.49%
NVS	D	0.48%
MSI	B	0.48%
PYPL	B	0.45%
CMCSA	B	0.42%
ADSK	A	0.36%
HCA	F	0.36%
CL	D	0.36%
SPG	B	0.35%
CTAS	B	0.35%
RTX	C	0.34%
FICO	B	0.34%
AFL	B	0.33%
FTNT	C	0.32%
CDNS	B	0.32%
CSX	B	0.31%
BK	A	0.31%
VST	B	0.29%
MPC	D	0.27%
FIS	C	0.26%
CMI	A	0.25%
VLO	C	0.25%
KR	B	0.24%
KMB	D	0.23%
PH	A	0.23%
A	D	0.23%
PSX	C	0.23%
EA	A	0.23%
BCS	C	0.23%
CI	F	0.22%
CPRT	A	0.22%
AMP	A	0.22%
MET	A	0.21%
AIG	B	0.21%
CTSH	B	0.21%
HPQ	B	0.2%
VICI	C	0.19%
HIG	B	0.19%
EBAY	D	0.18%
IQV	D	0.17%
STT	A	0.17%
ADM	D	0.16%
TROW	B	0.16%
NTAP	C	0.16%
IR	B	0.16%
MELI	D	0.16%
GDDY	A	0.15%
SYY	B	0.15%
MTD	D	0.15%
ANSS	B	0.14%
WAT	B	0.14%
PCAR	B	0.14%
EXPE	B	0.14%
IDXX	F	0.14%
NUE	C	0.14%
AWK	D	0.13%
CNC	D	0.13%
DVN	F	0.13%
LDOS	C	0.13%
AVB	B	0.13%
TYL	B	0.13%
CBOE	B	0.12%
K	A	0.12%
VTR	C	0.12%
CAH	B	0.12%
NRG	B	0.12%
CPAY	A	0.12%
NTRS	A	0.12%
LYV	A	0.12%
BR	A	0.12%
VEEV	C	0.12%
BBY	D	0.11%
CSL	C	0.11%
STX	D	0.11%
PKG	A	0.11%
HOLX	D	0.11%
LII	A	0.11%
STLD	B	0.11%
GOOG	C	0.11%
LVS	C	0.11%
LYB	F	0.11%
MRO	B	0.1%
JBL	B	0.1%
MAS	D	0.1%
MOH	F	0.1%
RS	B	0.1%
CF	B	0.1%
UTHR	C	0.1%
VRSN	F	0.1%
PTC	A	0.1%
DOCU	A	0.1%
SNA	A	0.1%
FE	C	0.1%
GEN	B	0.1%
UDR	B	0.09%
L	A	0.09%
TWLO	A	0.09%
ROL	B	0.09%
VTRS	A	0.09%
EQH	B	0.09%
SSNC	B	0.09%
TXT	D	0.09%
OC	A	0.09%
EXPD	D	0.09%
MANH	D	0.09%
AVTR	F	0.08%
DT	C	0.08%
OVV	B	0.08%
FFIV	B	0.08%
REG	B	0.08%
SWKS	F	0.08%
DPZ	C	0.08%
NBIX	C	0.08%
PAYC	B	0.07%
FOXA	B	0.07%
TAP	C	0.07%
INCY	C	0.07%
BG	F	0.07%
GLPI	C	0.07%
UHS	D	0.07%
ACI	C	0.06%
MKTX	D	0.06%
MTCH	D	0.06%
CHKP	D	0.06%
SEIC	B	0.06%
RPRX	D	0.06%
AIZ	A	0.06%
RPM	A	0.05%
AER	B	0.05%
WYNN	D	0.05%
MGM	D	0.05%
MOS	F	0.05%
CRBG	B	0.05%
COR	B	0.04%
HII	D	0.04%

FLSP Underweight 164 Positions Relative to FBCG

Symbol	Grade	Weight
AAPL	C	-11.67%
AMZN	C	-8.54%
GOOGL	C	-6.31%
LLY	F	-3.11%
NXPI	D	-1.49%
SNAP	C	-1.47%
MRVL	B	-1.35%
UNH	C	-1.16%
LOW	D	-1.07%
TSLA	B	-1.03%
TSM	B	-0.85%
AVGO	D	-0.82%
BSX	B	-0.8%
CVNA	B	-0.7%
MPWR	F	-0.49%
SBUX	A	-0.49%
CMG	B	-0.48%
ZTS	D	-0.47%
ABNB	C	-0.45%
AMD	F	-0.42%
LYFT	C	-0.42%
BA	F	-0.41%
ANF	C	-0.4%
NKE	D	-0.4%
NVO	D	-0.38%
AXP	A	-0.37%
GFS	C	-0.37%
ISRG	A	-0.36%
RH	B	-0.35%
SN	D	-0.35%
DHR	F	-0.32%
OKTA	C	-0.32%
COIN	C	-0.31%
CROX	D	-0.28%
PDD	F	-0.28%
AEO	F	-0.27%
WELL	A	-0.27%
PGR	A	-0.26%
GE	D	-0.26%
SQ	B	-0.26%
GS	A	-0.25%
V	A	-0.24%
ORCL	B	-0.24%
HUBS	A	-0.24%
CRS	A	-0.23%
FANG	D	-0.22%
MRK	F	-0.21%
ASML	F	-0.21%
SYK	C	-0.2%
HWM	A	-0.2%
WDC	D	-0.2%
DKNG	B	-0.2%
SGBX	F	-0.2%
C	A	-0.18%
THC	D	-0.18%
RIVN	F	-0.18%
SHOP	B	-0.17%
GLW	B	-0.14%
DELL	C	-0.13%
FLUT	A	-0.13%
DHI	D	-0.13%
ALNY	D	-0.12%
ETN	A	-0.12%
MCD	D	-0.12%
GEV	B	-0.12%
PENN	C	-0.12%
RDDT	B	-0.12%
TEVA	D	-0.12%
WRBY	B	-0.12%
DDOG	A	-0.12%
OWL	A	-0.12%
MDB	C	-0.11%
KKR	A	-0.11%
PM	B	-0.11%
SNOW	C	-0.11%
LRCX	F	-0.11%
ANET	C	-0.11%
FIVE	F	-0.1%
MCO	B	-0.1%
PODD	C	-0.09%
OLLI	D	-0.09%
Z	A	-0.09%
TMUS	B	-0.09%
APO	B	-0.09%
SHW	A	-0.09%
COST	B	-0.08%
ATI	D	-0.08%
SPOT	B	-0.08%
MRNA	F	-0.07%
VSCO	B	-0.07%
EXP	A	-0.07%
DUOL	A	-0.07%
FSLR	F	-0.07%
PLNT	A	-0.06%
MLM	B	-0.06%
ENPH	F	-0.06%
AYI	B	-0.06%
KVUE	A	-0.06%
VMC	B	-0.06%
CIEN	B	-0.06%
VFC	C	-0.06%
FBIN	D	-0.06%
SAP	B	-0.06%
JEF	A	-0.06%
TOST	B	-0.06%
EXAS	D	-0.05%
LEGN	F	-0.05%
ALGM	D	-0.05%
AXON	A	-0.05%
MU	D	-0.05%
TDG	D	-0.05%
DAL	C	-0.05%
EME	C	-0.05%
UAL	A	-0.05%
SPR	D	-0.05%
RL	B	-0.04%
GRMN	B	-0.04%
GKOS	B	-0.04%
PI	D	-0.04%
HDB	C	-0.04%
COHR	B	-0.04%
BRK.A	B	-0.04%
PVH	C	-0.04%
TKO	B	-0.04%
MASI	A	-0.03%
LEVI	F	-0.03%
WSO	A	-0.03%
MMYT	B	-0.03%
CHWY	B	-0.03%
USB	A	-0.03%
CCL	B	-0.03%
MTB	A	-0.03%
CAR	C	-0.03%
CCK	C	-0.03%
ROKU	D	-0.03%
IP	B	-0.03%
FLR	B	-0.03%
TTWO	A	-0.03%
WING	D	-0.03%
TOL	B	-0.03%
EAT	A	-0.03%
ONON	A	-0.03%
TT	A	-0.03%
SW	A	-0.03%
TTD	B	-0.03%
AZEK	A	-0.03%
NTRA	B	-0.03%
ACVA	B	-0.03%
ELF	C	-0.02%
FL	F	-0.02%
W	F	-0.02%
ASND	D	-0.01%
KEY	B	-0.0%
HLT	A	-0.0%
TPR	B	-0.0%
TMDX	F	-0.0%
MCK	B	-0.0%
GAP	C	-0.0%
XOM	B	-0.0%
CELH	F	-0.0%
PINS	D	-0.0%
CZR	F	-0.0%
MAR	B	-0.0%
OXY	D	-0.0%