FMDE vs. JVAL ETF Comparison

Comparison of Fidelity Enhanced Mid Cap ETF (FMDE) to JPMorgan U.S. Value Factor ETF (JVAL)

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

$34.97

Average Daily Volume

149,789

Number of Holdings ^*

292

* may have additional holdings in another (foreign) market

JVAL

JPMorgan U.S. Value Factor ETF

JVAL Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Value Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent value factor characteristics.

Grade (RS Rating)

Last Trade

$45.23

Average Daily Volume

59,043

Number of Holdings ^*

362

* may have additional holdings in another (foreign) market

Performance

Period	FMDE	JVAL
30 Days	8.08%	4.55%
60 Days	9.45%	4.91%
90 Days	11.70%	6.18%
12 Months	39.69%	29.11%

120 Overlapping Holdings

Symbol	Grade	Weight in FMDE	Weight in JVAL	Overlap
ADM	D	0.07%	0.25%	0.07%
ADTN	A	0.2%	0.11%	0.11%
AKAM	D	0.03%	0.21%	0.03%
ALSN	B	0.37%	0.28%	0.28%
ANSS	B	0.13%	0.19%	0.13%
APP	B	0.3%	1.01%	0.3%
ARW	D	0.01%	0.19%	0.01%
AXS	A	0.09%	0.16%	0.09%
AYI	B	0.31%	0.19%	0.19%
BBWI	D	0.04%	0.12%	0.04%
BBY	D	0.03%	0.23%	0.03%
BERY	B	0.46%	0.2%	0.2%
BK	A	0.99%	0.41%	0.41%
BLDR	D	0.2%	0.25%	0.2%
BMY	B	0.26%	0.51%	0.26%
BRX	A	0.45%	0.01%	0.01%
CACI	D	0.49%	0.22%	0.22%
CCK	C	0.48%	0.22%	0.22%
CDW	F	0.25%	0.23%	0.23%
CF	B	0.03%	0.06%	0.03%
CFG	B	0.23%	0.28%	0.23%
CI	F	0.06%	0.47%	0.06%
CMI	A	0.94%	0.4%	0.4%
CNC	D	0.57%	0.21%	0.21%
CRUS	D	0.44%	0.16%	0.16%
CTRA	B	0.1%	0.25%	0.1%
CWEN	C	0.07%	0.1%	0.07%
CWEN	C	0.04%	0.1%	0.04%
DAL	C	0.05%	0.28%	0.05%
DBX	B	0.56%	0.24%	0.24%
DD	D	0.58%	0.31%	0.31%
DGX	A	0.04%	0.26%	0.04%
DHI	D	0.37%	0.33%	0.33%
DKS	C	0.2%	0.21%	0.2%
DOCU	A	0.65%	0.19%	0.19%
DVN	F	0.31%	0.13%	0.13%
EBAY	D	0.32%	0.29%	0.29%
ED	D	0.02%	0.29%	0.02%
EPR	D	0.03%	0.18%	0.03%
EQR	B	0.29%	0.04%	0.04%
EVRG	A	0.41%	0.25%	0.25%
EXC	C	0.11%	0.21%	0.11%
FANG	D	0.26%	0.06%	0.06%
FFIV	B	0.54%	0.27%	0.27%
FIS	C	0.63%	0.13%	0.13%
GAP	C	0.49%	0.18%	0.18%
GDDY	A	0.29%	0.33%	0.29%
GILD	C	0.51%	0.5%	0.5%
GIS	D	0.33%	0.26%	0.26%
GLPI	C	0.27%	0.13%	0.13%
GPN	B	0.2%	0.19%	0.19%
GRMN	B	0.52%	0.32%	0.32%
GTES	A	0.23%	0.13%	0.13%
HII	D	0.21%	0.15%	0.15%
HPE	B	0.61%	0.32%	0.32%
HPQ	B	0.01%	0.32%	0.01%
HRB	D	0.22%	0.19%	0.19%
HUM	C	0.06%	0.2%	0.06%
INGR	B	0.24%	0.15%	0.15%
JAZZ	B	0.02%	0.13%	0.02%
JHG	A	0.07%	0.2%	0.07%
KEY	B	0.65%	0.22%	0.22%
KLAC	D	0.36%	0.44%	0.36%
KMI	A	0.14%	0.42%	0.14%
KR	B	0.73%	0.31%	0.31%
LDOS	C	0.6%	0.27%	0.27%
LEG	F	0.08%	0.1%	0.08%
LEN	D	0.29%	0.31%	0.29%
LHX	C	0.24%	0.3%	0.24%
LPX	B	0.35%	0.12%	0.12%
MCHP	D	0.08%	0.28%	0.08%
MGM	D	0.28%	0.18%	0.18%
MRO	B	0.02%	0.25%	0.02%
MTB	A	0.22%	0.28%	0.22%
NTAP	C	0.64%	0.29%	0.29%
NUE	C	0.6%	0.3%	0.3%
NVR	D	0.65%	0.2%	0.2%
NVT	B	0.41%	0.04%	0.04%
NWSA	B	0.18%	0.24%	0.18%
OC	A	0.23%	0.26%	0.23%
OGE	B	0.04%	0.23%	0.04%
OVV	B	0.02%	0.21%	0.02%
PCAR	B	0.38%	0.37%	0.37%
PEGA	A	0.45%	0.25%	0.25%
PHM	D	0.05%	0.27%	0.05%
POST	C	0.02%	0.13%	0.02%
PRU	A	0.85%	0.36%	0.36%
QRVO	F	0.5%	0.14%	0.14%
REG	B	0.13%	0.13%	0.13%
RGA	A	0.28%	0.09%	0.09%
ROP	B	0.1%	0.39%	0.1%
RS	B	0.3%	0.26%	0.26%
SEE	C	0.34%	0.09%	0.09%
SNX	C	0.44%	0.22%	0.22%
SOLV	C	0.39%	0.05%	0.05%
SPG	B	0.96%	0.33%	0.33%
SSNC	B	0.59%	0.24%	0.24%
STT	A	0.72%	0.3%	0.3%
SWK	D	0.01%	0.12%	0.01%
SWKS	F	0.45%	0.2%	0.2%
SYF	B	0.36%	0.34%	0.34%
TDC	D	0.48%	0.12%	0.12%
TNL	A	0.06%	0.19%	0.06%
TOL	B	0.62%	0.26%	0.26%
TPR	B	0.51%	0.26%	0.26%
TWLO	A	0.67%	0.37%	0.37%
TXT	D	0.59%	0.18%	0.18%
U	C	0.04%	0.14%	0.04%
UAL	A	0.79%	0.29%	0.29%
UHS	D	0.32%	0.2%	0.2%
UNM	A	0.52%	0.29%	0.29%
UTHR	C	0.35%	0.24%	0.24%
VICI	C	0.63%	0.29%	0.29%
WCC	B	0.33%	0.26%	0.26%
WDAY	B	0.06%	0.28%	0.06%
WEN	D	0.05%	0.14%	0.05%
WSM	B	0.11%	0.29%	0.11%
WU	D	0.33%	0.16%	0.16%
ZION	B	0.34%	0.19%	0.19%
ZM	B	0.67%	0.29%	0.29%

FMDE Overweight 172 Positions Relative to JVAL

Symbol	Grade	Weight
WMB	A	1.12%
SQ	B	0.97%
VST	B	0.94%
HWM	A	0.89%
MSCI	C	0.84%
RJF	A	0.78%
CVNA	B	0.75%
CAH	B	0.74%
EXPE	B	0.73%
RBLX	C	0.72%
WTW	B	0.72%
ROST	C	0.71%
VEEV	C	0.71%
TOST	B	0.69%
AXON	A	0.67%
PPG	F	0.66%
CSGP	D	0.66%
NRG	B	0.65%
CLX	B	0.65%
CCL	B	0.65%
AIZ	A	0.63%
EQH	B	0.62%
EIX	B	0.61%
IDXX	F	0.61%
HUBS	A	0.61%
AMP	A	0.6%
INCY	C	0.6%
CCI	D	0.6%
CW	B	0.59%
HUBB	B	0.59%
LNG	B	0.59%
EA	A	0.58%
ALLE	D	0.58%
LYFT	C	0.57%
ALL	A	0.57%
DKNG	B	0.56%
TRGP	B	0.56%
FTV	C	0.54%
PYPL	B	0.54%
GL	B	0.54%
MANH	D	0.54%
EXEL	B	0.52%
CNP	B	0.52%
CTAS	B	0.52%
DCI	B	0.52%
COR	B	0.51%
MPWR	F	0.51%
MSI	B	0.5%
AMH	D	0.49%
ECL	D	0.49%
TT	A	0.48%
BURL	A	0.48%
AXTA	A	0.47%
STLD	B	0.47%
BWXT	B	0.47%
PSA	D	0.46%
NYT	C	0.45%
MEDP	D	0.45%
HLT	A	0.45%
ANF	C	0.45%
NDAQ	A	0.44%
LNW	D	0.44%
NBIX	C	0.44%
WAB	B	0.43%
PLTR	B	0.43%
VMC	B	0.42%
GWW	B	0.42%
CL	D	0.42%
HIG	B	0.4%
AME	A	0.4%
AM	A	0.39%
CPNG	D	0.39%
FIX	A	0.38%
EEFT	B	0.38%
IGT	F	0.38%
VMI	B	0.37%
PCG	A	0.36%
HXL	D	0.35%
RNG	B	0.34%
DUOL	A	0.33%
IQV	D	0.33%
NTNX	A	0.33%
BLD	D	0.32%
Z	A	0.32%
EME	C	0.31%
COIN	C	0.31%
CPAY	A	0.31%
XEL	A	0.28%
MTDR	B	0.28%
IFF	D	0.27%
BAH	F	0.27%
CBOE	B	0.27%
DXCM	D	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%
SEIC	B	0.24%
TW	A	0.22%
HES	B	0.22%
SBAC	D	0.22%
KMB	D	0.22%
FLS	B	0.21%
DFS	B	0.21%
PCTY	B	0.21%
MKTX	D	0.19%
RCL	A	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	D	0.15%
KD	B	0.15%
GXO	B	0.14%
TPL	A	0.14%
CINF	A	0.13%
ATI	D	0.13%
FTI	A	0.12%
CHDN	B	0.12%
ITT	A	0.12%
AES	F	0.12%
CBSH	A	0.11%
MORN	B	0.11%
IBKR	A	0.11%
GEHC	F	0.11%
NWS	B	0.11%
SYY	B	0.11%
CTRE	D	0.1%
LUV	C	0.1%
AWK	D	0.1%
VLTO	D	0.1%
ACGL	D	0.09%
ES	D	0.09%
LPLA	A	0.09%
XRAY	F	0.08%
WBD	C	0.08%
VSTS	C	0.07%
MSA	D	0.07%
AMT	D	0.06%
DTE	C	0.06%
FR	C	0.06%
EG	C	0.06%
VIRT	B	0.06%
L	A	0.06%
NSC	B	0.06%
CSL	C	0.05%
EGP	F	0.05%
TXG	F	0.05%
NTRA	B	0.05%
BIIB	F	0.04%
ULTA	F	0.04%
K	A	0.04%
REYN	D	0.03%
TXRH	C	0.03%
BMRN	D	0.03%
CNM	D	0.03%
SF	B	0.03%
CBRE	B	0.03%
QGEN	D	0.02%
AFL	B	0.02%
AJG	B	0.02%
HAL	C	0.02%
LSCC	D	0.01%
STAG	F	0.01%
OKE	A	0.01%
HOOD	B	0.01%

FMDE Underweight 243 Positions Relative to JVAL

Symbol	Grade	Weight
GOOGL	C	-2.17%
META	D	-2.1%
AAPL	C	-1.93%
AVGO	D	-1.84%
UNH	C	-1.78%
MSFT	F	-1.76%
CRM	B	-1.29%
ORCL	B	-1.27%
JNJ	D	-1.24%
IBM	C	-0.87%
CAT	B	-0.85%
HD	A	-0.82%
TXN	C	-0.8%
QCOM	F	-0.77%
CSCO	B	-0.76%
CVX	A	-0.76%
INTU	C	-0.75%
T	A	-0.68%
AMAT	F	-0.67%
C	A	-0.66%
MRK	F	-0.66%
AMGN	D	-0.63%
PFE	D	-0.62%
INTC	D	-0.59%
PM	B	-0.55%
ADI	D	-0.54%
MO	A	-0.52%
MDT	D	-0.5%
APH	A	-0.5%
LRCX	F	-0.49%
MRVL	B	-0.49%
CMCSA	B	-0.48%
VRT	B	-0.48%
RTX	C	-0.47%
COF	B	-0.47%
BAC	A	-0.46%
ELV	F	-0.44%
CVS	D	-0.43%
MU	D	-0.42%
USB	A	-0.42%
GM	B	-0.42%
TFC	A	-0.41%
FDX	B	-0.41%
JCI	C	-0.41%
PSX	C	-0.38%
DELL	C	-0.37%
AIG	B	-0.36%
MPC	D	-0.36%
GD	F	-0.35%
ETR	B	-0.34%
GLW	B	-0.34%
F	C	-0.33%
FITB	A	-0.32%
CTSH	B	-0.32%
SNA	A	-0.31%
PKG	A	-0.3%
PAYC	B	-0.3%
HBAN	A	-0.3%
PNR	A	-0.29%
JEF	A	-0.29%
DOV	A	-0.29%
ON	D	-0.28%
JBL	B	-0.28%
PPL	B	-0.28%
GEN	B	-0.27%
RF	A	-0.27%
TGT	F	-0.27%
IP	B	-0.27%
EPAM	C	-0.26%
FOXA	B	-0.25%
OMC	C	-0.25%
R	B	-0.25%
VTRS	A	-0.25%
KHC	F	-0.25%
TAP	C	-0.24%
LAD	A	-0.24%
DLB	B	-0.24%
VLO	C	-0.24%
SCI	B	-0.24%
PFG	D	-0.24%
PNW	B	-0.23%
SNV	B	-0.23%
ORI	A	-0.23%
KIM	A	-0.23%
LYB	F	-0.23%
DOX	D	-0.22%
SLGN	A	-0.22%
ZI	D	-0.22%
OMF	A	-0.22%
RL	B	-0.22%
WAL	B	-0.22%
OSK	B	-0.22%
DOW	F	-0.22%
OHI	C	-0.22%
CMA	A	-0.22%
DRI	B	-0.22%
AMCR	D	-0.22%
UGI	A	-0.21%
CNH	C	-0.21%
MTG	C	-0.21%
GFS	C	-0.21%
DNB	B	-0.21%
BPOP	B	-0.21%
NXST	C	-0.21%
AVT	C	-0.21%
GPK	C	-0.21%
MOS	F	-0.21%
FNB	A	-0.21%
TER	D	-0.21%
FAF	A	-0.2%
VAC	B	-0.2%
THC	D	-0.2%
HIW	D	-0.2%
CAG	D	-0.2%
AN	C	-0.2%
KBR	F	-0.2%
AGO	B	-0.2%
ALLY	C	-0.2%
BC	C	-0.2%
NFG	A	-0.2%
VZ	C	-0.2%
GPC	D	-0.19%
THO	B	-0.19%
FHN	A	-0.19%
WHR	B	-0.19%
SAIC	F	-0.19%
OLED	D	-0.19%
BYD	C	-0.18%
AGCO	D	-0.18%
STWD	C	-0.18%
M	D	-0.18%
HOG	D	-0.18%
PAG	B	-0.18%
CRBG	B	-0.18%
IVZ	B	-0.18%
COLB	A	-0.18%
RHI	B	-0.18%
MTCH	D	-0.18%
MSM	C	-0.18%
MUSA	A	-0.17%
MAN	D	-0.17%
IPG	D	-0.17%
DV	C	-0.17%
ST	F	-0.17%
WBS	A	-0.17%
CPB	D	-0.17%
ACI	C	-0.17%
ZBH	C	-0.17%
PTC	A	-0.17%
GNTX	C	-0.17%
PVH	C	-0.16%
DXC	B	-0.16%
KSS	F	-0.16%
LKQ	D	-0.16%
LH	C	-0.16%
DINO	D	-0.16%
CRI	D	-0.15%
BEN	C	-0.15%
PH	A	-0.15%
CLVT	F	-0.15%
LVS	C	-0.15%
EHC	B	-0.15%
JWN	C	-0.15%
GLOB	B	-0.15%
BWA	D	-0.15%
PB	A	-0.15%
POOL	C	-0.14%
G	B	-0.14%
IPGP	D	-0.14%
PR	B	-0.14%
CXT	B	-0.14%
BG	F	-0.14%
KRC	C	-0.14%
SJM	D	-0.14%
PSN	D	-0.13%
LEA	D	-0.13%
BAX	D	-0.13%
WH	B	-0.13%
RVTY	F	-0.13%
ARMK	B	-0.13%
DG	F	-0.13%
OZK	B	-0.13%
PK	B	-0.13%
MDU	D	-0.13%
HST	C	-0.13%
FHB	A	-0.13%
VRSN	F	-0.13%
INFA	D	-0.12%
CUZ	B	-0.12%
RPRX	D	-0.12%
APTV	D	-0.12%
PARA	C	-0.12%
ENTG	D	-0.12%
NWL	B	-0.12%
FMC	D	-0.12%
PATH	C	-0.12%
FBIN	D	-0.12%
OKTA	C	-0.12%
WPC	D	-0.12%
SON	D	-0.12%
PNC	B	-0.12%
IAC	D	-0.11%
CROX	D	-0.11%
PRGO	B	-0.11%
CNXC	F	-0.11%
PINC	B	-0.11%
BSY	D	-0.11%
NNN	D	-0.11%
AGNC	D	-0.11%
DDS	B	-0.11%
D	C	-0.1%
AAP	C	-0.1%
VOYA	B	-0.1%
SIRI	C	-0.1%
TSN	B	-0.1%
COLM	B	-0.1%
SPB	C	-0.1%
HRL	D	-0.1%
CIVI	D	-0.1%
SNDR	B	-0.1%
AGR	B	-0.1%
PPC	C	-0.09%
MPW	F	-0.09%
PII	D	-0.09%
BOKF	B	-0.09%
VFC	C	-0.08%
LNC	B	-0.08%
MTN	C	-0.08%
TFX	F	-0.07%
AMKR	D	-0.07%
HSIC	B	-0.07%
DT	C	-0.06%
BDX	F	-0.06%
FTRE	D	-0.06%
OGN	D	-0.05%
AL	B	-0.05%
CE	F	-0.04%
UHAL	D	-0.04%
HUN	F	-0.03%
CLF	F	-0.02%
CPRI	F	-0.01%
ALGM	D	-0.0%
LOPE	B	-0.0%