FMDE vs. COWG ETF Comparison

Comparison of Fidelity Enhanced Mid Cap ETF (FMDE) to Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG)

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

$34.92

Average Daily Volume

149,918

Number of Holdings ^*

292

* may have additional holdings in another (foreign) market

COWG

Pacer US Large Cap Cash Cows Growth Leaders ETF

COWG Description

Pacer US Large Cap Cash Cows Growth Leaders ETF is an exchange traded fund launched and managed by Pacer Advisors, Inc. It invests in public equity markets of the United States. The fund invests in the stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. The fund seeks to track the performance of the Pacer US Large Cap Cash Cows Growth Leaders Index, by using full replication technique. Pacer US Large Cap Cash Cows Growth Leaders ETF was formed on December 21, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.59

Average Daily Volume

162,510

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMDE	COWG
30 Days	6.40%	10.65%
60 Days	8.81%	16.26%
90 Days	10.43%	18.25%
12 Months	38.09%	46.97%

38 Overlapping Holdings

Symbol	Grade	Weight in FMDE	Weight in COWG	Overlap
AM	A	0.39%	0.79%	0.39%
AME	A	0.4%	0.46%	0.4%
ANSS	B	0.13%	0.45%	0.13%
APP	B	0.3%	7.1%	0.3%
BMY	B	0.26%	0.53%	0.26%
CRUS	D	0.44%	1.69%	0.44%
CSL	C	0.05%	1.19%	0.05%
CWEN	C	0.07%	1.41%	0.07%
CWEN	C	0.04%	1.41%	0.04%
DBX	B	0.56%	0.68%	0.56%
DOCU	B	0.65%	1.03%	0.65%
DUOL	A	0.33%	0.51%	0.33%
EA	A	0.58%	0.78%	0.58%
FANG	C	0.26%	0.64%	0.26%
FFIV	B	0.54%	0.82%	0.54%
GDDY	A	0.29%	2.27%	0.29%
GILD	C	0.51%	0.83%	0.51%
GRMN	B	0.52%	1.68%	0.52%
IDXX	F	0.61%	0.26%	0.26%
JAZZ	B	0.02%	0.5%	0.02%
KLAC	F	0.36%	0.94%	0.36%
KMI	A	0.14%	1.45%	0.14%
LSCC	D	0.01%	0.23%	0.01%
MANH	D	0.54%	0.62%	0.54%
MCHP	F	0.08%	0.38%	0.08%
MEDP	D	0.45%	0.33%	0.33%
MPWR	F	0.51%	0.95%	0.51%
MRO	B	0.02%	1.05%	0.02%
NBIX	C	0.44%	0.43%	0.43%
PLTR	B	0.43%	2.33%	0.43%
ROP	B	0.1%	0.51%	0.1%
SWKS	F	0.45%	0.47%	0.45%
TPL	A	0.14%	4.12%	0.14%
UTHR	C	0.35%	2.55%	0.35%
VEEV	C	0.71%	0.43%	0.43%
WDAY	B	0.06%	0.35%	0.06%
WMB	A	1.12%	1.57%	1.12%
ZM	C	0.67%	0.53%	0.53%

FMDE Overweight 254 Positions Relative to COWG

Symbol	Grade	Weight
BK	A	0.99%
SQ	A	0.97%
SPG	A	0.96%
CMI	A	0.94%
VST	A	0.94%
HWM	A	0.89%
PRU	A	0.85%
MSCI	C	0.84%
UAL	A	0.79%
RJF	A	0.78%
CVNA	B	0.75%
CAH	B	0.74%
EXPE	B	0.73%
KR	B	0.73%
STT	B	0.72%
RBLX	C	0.72%
WTW	B	0.72%
ROST	D	0.71%
TOST	B	0.69%
TWLO	A	0.67%
AXON	A	0.67%
PPG	F	0.66%
CSGP	D	0.66%
NRG	B	0.65%
CLX	A	0.65%
NVR	D	0.65%
KEY	B	0.65%
CCL	A	0.65%
NTAP	C	0.64%
VICI	C	0.63%
AIZ	A	0.63%
FIS	C	0.63%
TOL	B	0.62%
EQH	C	0.62%
EIX	B	0.61%
HUBS	A	0.61%
HPE	B	0.61%
NUE	C	0.6%
AMP	A	0.6%
INCY	C	0.6%
CCI	C	0.6%
LDOS	C	0.6%
TXT	D	0.59%
CW	C	0.59%
HUBB	B	0.59%
LNG	A	0.59%
SSNC	B	0.59%
ALLE	C	0.58%
DD	C	0.58%
LYFT	C	0.57%
CNC	D	0.57%
ALL	A	0.57%
DKNG	B	0.56%
TRGP	A	0.56%
FTV	C	0.54%
PYPL	B	0.54%
GL	C	0.54%
EXEL	B	0.52%
CNP	A	0.52%
CTAS	B	0.52%
UNM	A	0.52%
DCI	B	0.52%
COR	B	0.51%
TPR	B	0.51%
QRVO	F	0.5%
MSI	B	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	A	0.48%
BURL	B	0.48%
AXTA	B	0.47%
STLD	B	0.47%
BWXT	B	0.47%
BERY	C	0.46%
PSA	C	0.46%
BRX	A	0.45%
NYT	D	0.45%
HLT	A	0.45%
PEGA	B	0.45%
ANF	F	0.45%
NDAQ	A	0.44%
SNX	D	0.44%
LNW	F	0.44%
WAB	B	0.43%
VMC	B	0.42%
GWW	B	0.42%
CL	D	0.42%
EVRG	A	0.41%
NVT	B	0.41%
HIG	B	0.4%
SOLV	D	0.39%
CPNG	D	0.39%
FIX	A	0.38%
EEFT	B	0.38%
PCAR	B	0.38%
IGT	F	0.38%
ALSN	B	0.37%
DHI	F	0.37%
VMI	B	0.37%
PCG	A	0.36%
SYF	B	0.36%
HXL	F	0.35%
LPX	B	0.35%
ZION	B	0.34%
RNG	C	0.34%
SEE	C	0.34%
IQV	F	0.33%
GIS	D	0.33%
NTNX	B	0.33%
WCC	B	0.33%
WU	F	0.33%
UHS	D	0.32%
BLD	D	0.32%
EBAY	D	0.32%
Z	A	0.32%
EME	A	0.31%
COIN	C	0.31%
CPAY	A	0.31%
DVN	F	0.31%
AYI	B	0.31%
RS	B	0.3%
LEN	D	0.29%
EQR	C	0.29%
RGA	A	0.28%
MGM	D	0.28%
XEL	A	0.28%
MTDR	B	0.28%
GLPI	C	0.27%
IFF	D	0.27%
BAH	F	0.27%
CBOE	C	0.27%
DXCM	C	0.27%
A	D	0.27%
ELAN	D	0.27%
ZG	A	0.26%
ZBRA	B	0.25%
PLTK	B	0.25%
BILL	A	0.25%
BRO	B	0.25%
CDW	F	0.25%
INGR	C	0.24%
LHX	C	0.24%
SEIC	B	0.24%
CFG	B	0.23%
OC	A	0.23%
GTES	A	0.23%
TW	A	0.22%
HRB	D	0.22%
MTB	A	0.22%
HES	B	0.22%
SBAC	D	0.22%
KMB	C	0.22%
FLS	B	0.21%
DFS	B	0.21%
PCTY	C	0.21%
HII	F	0.21%
ADTN	A	0.2%
GPN	B	0.2%
DKS	D	0.2%
BLDR	D	0.2%
MKTX	D	0.19%
RCL	A	0.18%
NWSA	A	0.18%
NOC	D	0.18%
ACM	B	0.17%
MKL	A	0.16%
DASH	B	0.16%
WWD	C	0.16%
USFD	A	0.16%
SAM	C	0.15%
DOC	C	0.15%
KD	B	0.15%
GXO	B	0.14%
CINF	A	0.13%
ATI	C	0.13%
REG	A	0.13%
FTI	A	0.12%
CHDN	B	0.12%
ITT	A	0.12%
AES	F	0.12%
WSM	C	0.11%
CBSH	B	0.11%
MORN	B	0.11%
IBKR	A	0.11%
GEHC	D	0.11%
NWS	A	0.11%
EXC	C	0.11%
SYY	D	0.11%
CTRE	C	0.1%
LUV	C	0.1%
AWK	C	0.1%
VLTO	C	0.1%
CTRA	B	0.1%
AXS	A	0.09%
ACGL	C	0.09%
ES	C	0.09%
LPLA	A	0.09%
LEG	F	0.08%
XRAY	F	0.08%
WBD	B	0.08%
VSTS	C	0.07%
JHG	B	0.07%
ADM	D	0.07%
MSA	F	0.07%
AMT	C	0.06%
CI	D	0.06%
DTE	C	0.06%
FR	D	0.06%
EG	C	0.06%
VIRT	A	0.06%
TNL	A	0.06%
HUM	C	0.06%
L	A	0.06%
NSC	B	0.06%
WEN	D	0.05%
EGP	D	0.05%
PHM	D	0.05%
TXG	F	0.05%
DAL	B	0.05%
NTRA	A	0.05%
OGE	A	0.04%
BBWI	C	0.04%
DGX	A	0.04%
BIIB	F	0.04%
ULTA	F	0.04%
U	C	0.04%
K	A	0.04%
CF	A	0.03%
BBY	D	0.03%
EPR	C	0.03%
REYN	D	0.03%
AKAM	D	0.03%
TXRH	B	0.03%
BMRN	F	0.03%
CNM	D	0.03%
SF	B	0.03%
CBRE	B	0.03%
QGEN	D	0.02%
POST	C	0.02%
AFL	B	0.02%
AJG	A	0.02%
OVV	B	0.02%
ED	C	0.02%
HAL	C	0.02%
STAG	D	0.01%
OKE	A	0.01%
HPQ	B	0.01%
SWK	D	0.01%
HOOD	B	0.01%
ARW	D	0.01%

FMDE Underweight 61 Positions Relative to COWG

Symbol	Grade	Weight
UI	B	-4.36%
NVDA	B	-2.81%
FICO	B	-2.04%
DTM	A	-2.02%
DOCS	C	-1.92%
TKO	A	-1.71%
ORCL	A	-1.61%
RGLD	C	-1.6%
PM	B	-1.58%
RMD	C	-1.58%
ANET	C	-1.53%
AVGO	D	-1.47%
MO	A	-1.42%
GEN	B	-1.33%
AAPL	C	-1.27%
PANW	B	-1.09%
ADI	D	-1.09%
BKNG	A	-1.06%
NOW	A	-0.94%
FTNT	C	-0.94%
TDG	D	-0.9%
VRSK	A	-0.85%
MRVL	B	-0.84%
MTD	F	-0.8%
LOPE	C	-0.78%
QCOM	F	-0.78%
REGN	F	-0.76%
SMG	C	-0.72%
PAYX	B	-0.71%
META	D	-0.7%
HOLX	D	-0.69%
SNA	A	-0.69%
OLED	F	-0.68%
ABBV	F	-0.67%
DT	D	-0.54%
MSFT	D	-0.51%
PTC	B	-0.5%
JNJ	C	-0.48%
ADBE	C	-0.48%
BSY	F	-0.47%
MCD	D	-0.46%
AMAT	F	-0.46%
MTCH	D	-0.46%
INTU	B	-0.45%
CRWD	B	-0.42%
TEAM	A	-0.41%
CDNS	B	-0.4%
DDOG	A	-0.4%
VRSN	C	-0.39%
CRM	B	-0.38%
ZS	B	-0.37%
IRDM	D	-0.36%
LRCX	F	-0.34%
ZTS	D	-0.33%
PINS	F	-0.32%
ABNB	C	-0.28%
OKTA	C	-0.25%
ETSY	D	-0.24%
SNOW	B	-0.23%
ZI	D	-0.2%
PATH	C	-0.18%