FMAG vs. XPND ETF Comparison

Comparison of Fidelity Magellan ETF (FMAG) to First Trust Expanded Technology ETF (XPND)

FMAG

Fidelity Magellan ETF

FMAG Description

The investment seeks long-term growth of capital. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. Instead, the fund publishes each business day on its website a Tracking Basket, which is designed to closely track the daily performance of the fund but is not the fund's actual portfolio. The fund normally invests primarily in equity securities. It invests in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.89

Average Daily Volume

62,210

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XPND

First Trust Expanded Technology ETF

XPND Description

The investment seeks to provide long-term capital appreciation. The fund will invest at least 80% of its net assets in the common stocks of companies identified by it?s investment advisor as either information technology companies or consumer discretionary and communication services companies whose operations are principally derived from and/or dependent upon technology (such companies are collectively referred to herein as ?Expanded Technology Companies?). The fund?s investments will be concentrated (i.e., invest more than 25% of fund assets) in the industries or group of industries comprising the information technology sector. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.69

Average Daily Volume

2,888

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMAG	XPND
30 Days	3.54%	4.88%
60 Days	4.39%	7.08%
90 Days	7.52%	11.01%
12 Months	37.38%	37.47%

16 Overlapping Holdings

Symbol	Grade	Weight in FMAG	Weight in XPND	Overlap
AMAT	F	1.43%	2.48%	1.43%
ANET	C	1.36%	2.11%	1.36%
APH	B	1.18%	1.51%	1.18%
AVGO	D	3.01%	4.19%	3.01%
GOOGL	C	3.11%	4.5%	3.11%
INTU	C	1.44%	3.21%	1.44%
IT	C	1.15%	0.24%	0.24%
KLAC	D	1.38%	1.46%	1.38%
LRCX	D	1.28%	1.6%	1.28%
MA	A	2.07%	4.43%	2.07%
META	D	3.88%	4.53%	3.88%
MSFT	C	7.8%	4.16%	4.16%
MSI	B	1.24%	1.45%	1.24%
NVDA	C	7.21%	5.1%	5.1%
ORCL	B	1.8%	5.64%	1.8%
V	A	2.06%	4.64%	2.06%

FMAG Overweight 41 Positions Relative to XPND

Symbol	Grade	Weight
AMZN	B	4.55%
LLY	D	2.51%
UNH	B	2.31%
COST	A	1.87%
GE	C	1.61%
GOOG	C	1.6%
TMO	F	1.6%
LIN	D	1.55%
SPGI	B	1.51%
TDG	D	1.42%
DHR	D	1.37%
TT	A	1.34%
SHW	A	1.34%
ETN	A	1.33%
MCO	A	1.33%
MMC	A	1.3%
URI	B	1.3%
BSX	B	1.29%
HLT	A	1.29%
HEI	B	1.26%
AJG	A	1.25%
PWR	A	1.24%
CTAS	A	1.24%
HCA	F	1.22%
MAR	A	1.21%
WAB	A	1.19%
SNPS	B	1.19%
CDNS	B	1.17%
ORLY	A	1.17%
AZO	B	1.16%
ARES	A	1.15%
WSO	B	1.14%
AME	A	1.14%
CPRT	A	1.11%
MLM	B	1.09%
VRSK	A	1.09%
VMC	B	1.08%
WCN	A	1.03%
NVO	D	1.02%
COR	A	0.86%
IR	A	0.16%

FMAG Underweight 34 Positions Relative to XPND

Symbol	Grade	Weight
CRM	B	-5.38%
TMUS	A	-4.84%
AAPL	A	-4.18%
NOW	A	-3.71%
ADBE	C	-3.63%
IBM	C	-3.49%
TXN	D	-3.19%
QCOM	F	-3.03%
PANW	B	-2.24%
FI	A	-2.21%
PYPL	B	-1.53%
CRWD	B	-1.51%
MRVL	B	-1.37%
WDAY	C	-1.21%
ADSK	B	-1.17%
CHTR	B	-0.98%
APP	B	-0.81%
CPAY	A	-0.27%
WMG	C	-0.27%
FOXA	C	-0.26%
GEN	A	-0.26%
TDY	B	-0.25%
HPE	B	-0.25%
EA	B	-0.25%
TYL	A	-0.24%
NTAP	B	-0.24%
MANH	C	-0.24%
PTC	A	-0.24%
OMC	C	-0.23%
BSY	D	-0.21%
TER	D	-0.18%
SWKS	D	-0.18%
CDW	F	-0.18%
MPWR	F	-0.14%