FMDE vs. ABCS ETF Comparison

Comparison of Fidelity Enhanced Mid Cap ETF (FMDE) to Alpha Blue Capital US Small-Mid Cap Dynamic ETF (ABCS)

FMDE

Fidelity Enhanced Mid Cap ETF

FMDE Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell Midcap® Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$35.24

Average Daily Volume

151,741

Number of Holdings ^*

292

* may have additional holdings in another (foreign) market

ABCS

Alpha Blue Capital US Small-Mid Cap Dynamic ETF

ABCS Description

The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a blend of domestic equity securities of small- and mid- capitalization companies and ETFs that provide broad exposure to domestic equity securities of small- and mid- capitalization companies. As it relates to the fund"s investments, a domestic equity security means common equity securities of companies domiciled and having their principal place of business in the U.S. and are traded on a major U.S. stock exchange and shares of ETFs that invest primarily in domestic equity securities.

Grade (RS Rating)

Last Trade

$30.78

Average Daily Volume

1,900

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	FMDE	ABCS
30 Days	9.00%	8.72%
60 Days	10.33%	9.08%
90 Days	12.62%	10.92%
12 Months	40.21%

33 Overlapping Holdings

Symbol	Grade	Weight in FMDE	Weight in ABCS	Overlap
ALSN	B	0.37%	0.52%	0.37%
AMP	B	0.6%	0.96%	0.6%
ARW	D	0.01%	0.61%	0.01%
AXS	A	0.09%	0.52%	0.09%
BIIB	F	0.04%	0.67%	0.04%
BK	A	0.99%	0.6%	0.6%
BMRN	F	0.03%	0.44%	0.03%
CNC	F	0.57%	1.37%	0.57%
DAL	B	0.05%	0.6%	0.05%
DFS	B	0.21%	0.87%	0.21%
DOCU	A	0.65%	1.16%	0.65%
EG	C	0.06%	0.66%	0.06%
EQR	B	0.29%	0.5%	0.29%
EXPE	B	0.73%	1.85%	0.73%
FANG	F	0.26%	0.9%	0.26%
GPN	C	0.2%	2.09%	0.2%
HAL	C	0.02%	0.64%	0.02%
HUM	C	0.06%	0.74%	0.06%
IGT	F	0.38%	0.32%	0.32%
KR	A	0.73%	0.37%	0.37%
LNG	B	0.59%	0.72%	0.59%
LPLA	B	0.09%	1.67%	0.09%
LYFT	C	0.57%	0.5%	0.5%
MCHP	F	0.08%	0.27%	0.08%
MKTX	D	0.19%	0.29%	0.19%
PYPL	A	0.54%	0.62%	0.54%
QRVO	F	0.5%	0.22%	0.22%
RGA	A	0.28%	0.5%	0.28%
SNX	C	0.44%	0.63%	0.44%
ULTA	F	0.04%	0.46%	0.04%
WCC	B	0.33%	0.91%	0.33%
WU	D	0.33%	0.43%	0.33%
ZM	B	0.67%	0.67%	0.67%

FMDE Overweight 259 Positions Relative to ABCS

Symbol	Grade	Weight
WMB	B	1.12%
SQ	B	0.97%
SPG	C	0.96%
CMI	A	0.94%
VST	B	0.94%
HWM	B	0.89%
PRU	A	0.85%
MSCI	C	0.84%
UAL	B	0.79%
RJF	A	0.78%
CVNA	B	0.75%
CAH	B	0.74%
STT	A	0.72%
RBLX	C	0.72%
WTW	B	0.72%
ROST	C	0.71%
VEEV	B	0.71%
TOST	B	0.69%
TWLO	B	0.67%
AXON	B	0.67%
PPG	D	0.66%
CSGP	C	0.66%
NRG	C	0.65%
CLX	C	0.65%
NVR	D	0.65%
KEY	A	0.65%
CCL	B	0.65%
NTAP	C	0.64%
VICI	C	0.63%
AIZ	B	0.63%
FIS	D	0.63%
TOL	A	0.62%
EQH	B	0.62%
EIX	A	0.61%
IDXX	F	0.61%
HUBS	B	0.61%
HPE	B	0.61%
NUE	D	0.6%
INCY	C	0.6%
CCI	D	0.6%
LDOS	D	0.6%
TXT	D	0.59%
CW	B	0.59%
HUBB	B	0.59%
SSNC	A	0.59%
EA	C	0.58%
ALLE	D	0.58%
DD	D	0.58%
ALL	B	0.57%
DBX	C	0.56%
DKNG	C	0.56%
TRGP	B	0.56%
FTV	B	0.54%
GL	C	0.54%
FFIV	A	0.54%
MANH	C	0.54%
EXEL	A	0.52%
CNP	A	0.52%
CTAS	B	0.52%
UNM	A	0.52%
GRMN	A	0.52%
DCI	A	0.52%
COR	C	0.51%
TPR	A	0.51%
GILD	B	0.51%
MPWR	F	0.51%
MSI	C	0.5%
CACI	D	0.49%
GAP	C	0.49%
AMH	C	0.49%
ECL	D	0.49%
CCK	D	0.48%
TDC	D	0.48%
TT	B	0.48%
BURL	B	0.48%
AXTA	A	0.47%
STLD	B	0.47%
BWXT	B	0.47%
BERY	B	0.46%
PSA	C	0.46%
BRX	A	0.45%
NYT	C	0.45%
MEDP	F	0.45%
HLT	A	0.45%
SWKS	F	0.45%
PEGA	A	0.45%
ANF	C	0.45%
NDAQ	A	0.44%
CRUS	F	0.44%
LNW	D	0.44%
NBIX	C	0.44%
WAB	B	0.43%
PLTR	B	0.43%
VMC	B	0.42%
GWW	A	0.42%
CL	D	0.42%
EVRG	A	0.41%
NVT	B	0.41%
HIG	B	0.4%
AME	A	0.4%
SOLV	C	0.39%
AM	B	0.39%
CPNG	D	0.39%
FIX	A	0.38%
EEFT	B	0.38%
PCAR	B	0.38%
DHI	D	0.37%
VMI	A	0.37%
KLAC	F	0.36%
PCG	B	0.36%
SYF	A	0.36%
HXL	D	0.35%
UTHR	C	0.35%
LPX	B	0.35%
ZION	B	0.34%
RNG	B	0.34%
SEE	C	0.34%
DUOL	B	0.33%
IQV	F	0.33%
GIS	D	0.33%
NTNX	B	0.33%
UHS	D	0.32%
BLD	C	0.32%
EBAY	C	0.32%
Z	B	0.32%
EME	B	0.31%
COIN	B	0.31%
CPAY	A	0.31%
DVN	F	0.31%
AYI	B	0.31%
RS	B	0.3%
APP	B	0.3%
LEN	C	0.29%
GDDY	B	0.29%
MGM	F	0.28%
XEL	A	0.28%
MTDR	C	0.28%
GLPI	B	0.27%
IFF	D	0.27%
BAH	F	0.27%
CBOE	B	0.27%
DXCM	C	0.27%
A	D	0.27%
ELAN	F	0.27%
ZG	B	0.26%
BMY	B	0.26%
ZBRA	A	0.25%
PLTK	B	0.25%
BILL	A	0.25%
BRO	B	0.25%
CDW	F	0.25%
INGR	B	0.24%
LHX	C	0.24%
SEIC	A	0.24%
CFG	B	0.23%
OC	B	0.23%
GTES	A	0.23%
TW	B	0.22%
HRB	D	0.22%
MTB	B	0.22%
HES	C	0.22%
SBAC	D	0.22%
KMB	C	0.22%
FLS	A	0.21%
PCTY	B	0.21%
HII	F	0.21%
ADTN	B	0.2%
DKS	C	0.2%
BLDR	C	0.2%
RCL	B	0.18%
NWSA	B	0.18%
NOC	D	0.18%
ACM	A	0.17%
MKL	A	0.16%
DASH	A	0.16%
WWD	B	0.16%
USFD	A	0.16%
SAM	C	0.15%
DOC	C	0.15%
KD	B	0.15%
GXO	B	0.14%
TPL	B	0.14%
KMI	B	0.14%
CINF	A	0.13%
ATI	D	0.13%
ANSS	B	0.13%
REG	B	0.13%
FTI	A	0.12%
CHDN	B	0.12%
ITT	A	0.12%
AES	F	0.12%
WSM	B	0.11%
CBSH	B	0.11%
MORN	A	0.11%
IBKR	B	0.11%
GEHC	F	0.11%
NWS	B	0.11%
EXC	D	0.11%
SYY	C	0.11%
ROP	B	0.1%
CTRE	D	0.1%
LUV	B	0.1%
AWK	D	0.1%
VLTO	C	0.1%
CTRA	B	0.1%
ACGL	D	0.09%
ES	D	0.09%
LEG	D	0.08%
XRAY	F	0.08%
WBD	C	0.08%
VSTS	C	0.07%
JHG	A	0.07%
CWEN	C	0.07%
ADM	F	0.07%
MSA	C	0.07%
AMT	D	0.06%
CI	D	0.06%
DTE	C	0.06%
WDAY	C	0.06%
FR	C	0.06%
VIRT	B	0.06%
TNL	A	0.06%
L	B	0.06%
NSC	A	0.06%
CSL	B	0.05%
WEN	D	0.05%
EGP	D	0.05%
PHM	C	0.05%
TXG	F	0.05%
NTRA	B	0.05%
OGE	A	0.04%
BBWI	C	0.04%
DGX	B	0.04%
CWEN	C	0.04%
U	C	0.04%
K	A	0.04%
CF	B	0.03%
BBY	D	0.03%
EPR	D	0.03%
REYN	D	0.03%
AKAM	F	0.03%
TXRH	A	0.03%
CNM	D	0.03%
SF	B	0.03%
CBRE	B	0.03%
JAZZ	B	0.02%
QGEN	D	0.02%
POST	B	0.02%
AFL	B	0.02%
AJG	A	0.02%
OVV	C	0.02%
ED	D	0.02%
MRO	B	0.02%
LSCC	D	0.01%
STAG	D	0.01%
OKE	C	0.01%
HPQ	B	0.01%
SWK	D	0.01%
HOOD	B	0.01%

FMDE Underweight 69 Positions Relative to ABCS

Symbol	Grade	Weight
VOE	A	-10.03%
VBR	A	-9.82%
LAD	B	-1.6%
LYV	A	-1.49%
KVUE	A	-1.47%
CTVA	B	-1.41%
GPK	C	-1.39%
MOH	F	-1.31%
SLM	B	-1.03%
ET	B	-0.96%
NOMD	D	-0.88%
BYD	B	-0.84%
VLO	C	-0.81%
COF	B	-0.8%
GTLS	B	-0.78%
HOG	F	-0.74%
WH	A	-0.73%
ZBH	C	-0.73%
MOS	F	-0.69%
WTFC	B	-0.68%
RNR	C	-0.64%
CWK	B	-0.64%
CVS	D	-0.63%
ALK	A	-0.59%
USB	A	-0.57%
NCLH	B	-0.56%
VTRS	B	-0.54%
TPX	A	-0.54%
FLEX	B	-0.54%
WKC	D	-0.54%
TAP	C	-0.54%
NTRS	A	-0.54%
TFC	B	-0.53%
AGO	A	-0.52%
ICLR	F	-0.52%
HBI	B	-0.51%
JLL	B	-0.48%
OTIS	C	-0.47%
AGCO	D	-0.46%
EFC	C	-0.46%
NVST	C	-0.45%
AEP	D	-0.45%
STWD	C	-0.44%
BECN	B	-0.44%
JEF	A	-0.44%
MTH	C	-0.43%
AGM	B	-0.43%
IDCC	A	-0.43%
USPH	C	-0.42%
FAF	B	-0.42%
SJM	D	-0.42%
RWT	D	-0.41%
CAR	C	-0.4%
TER	F	-0.39%
SKX	D	-0.38%
MAT	D	-0.38%
OLN	F	-0.36%
AAP	C	-0.36%
CRL	C	-0.35%
EWBC	B	-0.35%
EFX	D	-0.34%
PSX	C	-0.29%
PLAB	C	-0.29%
NXST	C	-0.28%
ESNT	D	-0.27%
SIRI	C	-0.27%
AMN	F	-0.26%
BCO	D	-0.25%
FSLR	F	-0.2%