FMDE vs. QQQJ ETF Comparison

Comparison of Fidelity Enhanced Mid Cap ETF (FMDE) to Invesco NASDAQ Next Gen 100 ETF (QQQJ)

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

QQQJ

Invesco NASDAQ Next Gen 100 ETF

QQQJ Description

The Invesco NASDAQ Next Gen 100 Fund (Fund) is based on the NASDAQ Next Generation 100 Index (Index). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index is comprised of securities of the next generation of Nasdaq-listed non-financial companies; that is, the largest 100 Nasdaq-listed companies outside of the NASDAQ-100 Index®. The Fund and Index are rebalanced quarterly and reconstituted annually.

Grade (RS Rating)

Last Trade

$31.54

Average Daily Volume

77,312

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMDE	QQQJ
30 Days	8.08%	5.10%
60 Days	9.45%	6.45%
90 Days	11.70%	8.27%
12 Months	39.69%	26.72%

35 Overlapping Holdings

Symbol	Grade	Weight in FMDE	Weight in QQQJ	Overlap
AKAM	D	0.03%	0.85%	0.03%
APP	B	0.3%	5.34%	0.3%
AXON	A	0.67%	2.89%	0.67%
BMRN	D	0.03%	0.79%	0.03%
CHDN	B	0.12%	0.65%	0.12%
DKNG	B	0.56%	1.26%	0.56%
DOCU	A	0.65%	1.04%	0.65%
EBAY	D	0.32%	1.93%	0.32%
EVRG	A	0.41%	0.91%	0.41%
EXPE	B	0.73%	1.43%	0.73%
FFIV	B	0.54%	0.89%	0.54%
INCY	C	0.6%	0.95%	0.6%
JAZZ	B	0.02%	0.48%	0.02%
LSCC	D	0.01%	0.44%	0.01%
MANH	D	0.54%	1.08%	0.54%
MEDP	D	0.45%	0.66%	0.45%
MPWR	F	0.51%	1.78%	0.51%
NBIX	C	0.44%	0.78%	0.44%
NTAP	C	0.64%	1.53%	0.64%
NTNX	A	0.33%	1.11%	0.33%
NWS	B	0.11%	0.38%	0.11%
NWSA	B	0.18%	0.7%	0.18%
PCTY	B	0.21%	0.72%	0.21%
QRVO	F	0.5%	0.4%	0.4%
SSNC	B	0.59%	1.15%	0.59%
STLD	B	0.47%	1.34%	0.47%
SWKS	F	0.45%	0.85%	0.45%
UAL	A	0.79%	1.89%	0.79%
ULTA	F	0.04%	1.14%	0.04%
UTHR	C	0.35%	1.09%	0.35%
WWD	B	0.16%	0.65%	0.16%
Z	A	0.32%	0.8%	0.32%
ZBRA	B	0.25%	1.29%	0.25%
ZG	A	0.26%	0.25%	0.25%
ZM	B	0.67%	1.37%	0.67%

FMDE Overweight 257 Positions Relative to QQQJ

Symbol	Grade	Weight
WMB	A	1.12%
BK	A	0.99%
SQ	B	0.97%
SPG	B	0.96%
CMI	A	0.94%
VST	B	0.94%
HWM	A	0.89%
PRU	A	0.85%
MSCI	C	0.84%
RJF	A	0.78%
CVNA	B	0.75%
CAH	B	0.74%
KR	B	0.73%
STT	A	0.72%
RBLX	C	0.72%
WTW	B	0.72%
ROST	C	0.71%
VEEV	C	0.71%
TOST	B	0.69%
TWLO	A	0.67%
PPG	F	0.66%
CSGP	D	0.66%
NRG	B	0.65%
CLX	B	0.65%
NVR	D	0.65%
KEY	B	0.65%
CCL	B	0.65%
VICI	C	0.63%
AIZ	A	0.63%
FIS	C	0.63%
TOL	B	0.62%
EQH	B	0.62%
EIX	B	0.61%
IDXX	F	0.61%
HUBS	A	0.61%
HPE	B	0.61%
NUE	C	0.6%
AMP	A	0.6%
CCI	D	0.6%
LDOS	C	0.6%
TXT	D	0.59%
CW	B	0.59%
HUBB	B	0.59%
LNG	B	0.59%
EA	A	0.58%
ALLE	D	0.58%
DD	D	0.58%
LYFT	C	0.57%
CNC	D	0.57%
ALL	A	0.57%
DBX	B	0.56%
TRGP	B	0.56%
FTV	C	0.54%
PYPL	B	0.54%
GL	B	0.54%
EXEL	B	0.52%
CNP	B	0.52%
CTAS	B	0.52%
UNM	A	0.52%
GRMN	B	0.52%
DCI	B	0.52%
COR	B	0.51%
TPR	B	0.51%
GILD	C	0.51%
MSI	B	0.5%
CACI	D	0.49%
GAP	C	0.49%
AMH	D	0.49%
ECL	D	0.49%
CCK	C	0.48%
TDC	D	0.48%
TT	A	0.48%
BURL	A	0.48%
AXTA	A	0.47%
BWXT	B	0.47%
BERY	B	0.46%
PSA	D	0.46%
BRX	A	0.45%
NYT	C	0.45%
HLT	A	0.45%
PEGA	A	0.45%
ANF	C	0.45%
NDAQ	A	0.44%
CRUS	D	0.44%
SNX	C	0.44%
LNW	D	0.44%
WAB	B	0.43%
PLTR	B	0.43%
VMC	B	0.42%
GWW	B	0.42%
CL	D	0.42%
NVT	B	0.41%
HIG	B	0.4%
AME	A	0.4%
SOLV	C	0.39%
AM	A	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	D	0.37%
VMI	B	0.37%
KLAC	D	0.36%
PCG	A	0.36%
SYF	B	0.36%
HXL	D	0.35%
LPX	B	0.35%
ZION	B	0.34%
RNG	B	0.34%
SEE	C	0.34%
DUOL	A	0.33%
IQV	D	0.33%
GIS	D	0.33%
WCC	B	0.33%
WU	D	0.33%
UHS	D	0.32%
BLD	D	0.32%
EME	C	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%
GDDY	A	0.29%
EQR	B	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	B	0.27%
DXCM	D	0.27%
A	D	0.27%
ELAN	D	0.27%
FANG	D	0.26%
BMY	B	0.26%
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	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	D	0.22%
FLS	B	0.21%
DFS	B	0.21%
HII	D	0.21%
ADTN	A	0.2%
GPN	B	0.2%
DKS	C	0.2%
BLDR	D	0.2%
MKTX	D	0.19%
RCL	A	0.18%
NOC	D	0.18%
ACM	A	0.17%
MKL	A	0.16%
DASH	A	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%
KMI	A	0.14%
CINF	A	0.13%
ATI	D	0.13%
ANSS	B	0.13%
REG	B	0.13%
FTI	A	0.12%
ITT	A	0.12%
AES	F	0.12%
WSM	B	0.11%
CBSH	A	0.11%
MORN	B	0.11%
IBKR	A	0.11%
GEHC	F	0.11%
EXC	C	0.11%
SYY	B	0.11%
ROP	B	0.1%
CTRE	D	0.1%
LUV	C	0.1%
AWK	D	0.1%
VLTO	D	0.1%
CTRA	B	0.1%
AXS	A	0.09%
ACGL	D	0.09%
ES	D	0.09%
LPLA	A	0.09%
LEG	F	0.08%
XRAY	F	0.08%
MCHP	D	0.08%
WBD	C	0.08%
VSTS	C	0.07%
JHG	A	0.07%
CWEN	C	0.07%
ADM	D	0.07%
MSA	D	0.07%
AMT	D	0.06%
CI	F	0.06%
DTE	C	0.06%
WDAY	B	0.06%
FR	C	0.06%
EG	C	0.06%
VIRT	B	0.06%
TNL	A	0.06%
HUM	C	0.06%
L	A	0.06%
NSC	B	0.06%
CSL	C	0.05%
WEN	D	0.05%
EGP	F	0.05%
PHM	D	0.05%
TXG	F	0.05%
DAL	C	0.05%
NTRA	B	0.05%
OGE	B	0.04%
BBWI	D	0.04%
DGX	A	0.04%
BIIB	F	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%
TXRH	C	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	B	0.02%
OVV	B	0.02%
ED	D	0.02%
HAL	C	0.02%
MRO	B	0.02%
STAG	F	0.01%
OKE	A	0.01%
HPQ	B	0.01%
SWK	D	0.01%
HOOD	B	0.01%
ARW	D	0.01%

FMDE Underweight 62 Positions Relative to QQQJ

Symbol	Grade	Weight
ALNY	D	-2.09%
TSCO	D	-1.89%
PTC	A	-1.45%
TCOM	B	-1.4%
WDC	D	-1.37%
FSLR	F	-1.32%
STX	D	-1.29%
CHKP	D	-1.27%
ARGX	A	-1.2%
JBHT	C	-1.19%
GEN	B	-1.17%
PODD	C	-1.16%
VRSN	F	-1.14%
HOLX	D	-1.14%
GRAB	B	-1.14%
TER	D	-1.1%
TRMB	B	-1.09%
ALGN	D	-1.05%
ICLR	D	-1.04%
JD	D	-1.01%
ENTG	D	-0.97%
LNT	A	-0.96%
CASY	A	-0.95%
VTRS	A	-0.95%
FLEX	A	-0.94%
NDSN	B	-0.93%
SAIA	B	-0.91%
BSY	D	-0.88%
SNY	F	-0.88%
POOL	C	-0.86%
CHRW	C	-0.83%
OKTA	C	-0.79%
JKHY	D	-0.79%
LOGI	D	-0.76%
BIDU	F	-0.75%
LECO	B	-0.74%
TECH	D	-0.73%
RPRX	D	-0.72%
LBRDK	C	-0.7%
TTEK	F	-0.69%
FOXA	B	-0.67%
FOX	A	-0.66%
RIVN	F	-0.65%
WYNN	D	-0.65%
BNTX	D	-0.64%
LKQ	D	-0.64%
NTES	D	-0.64%
DOX	D	-0.62%
ROKU	D	-0.6%
NICE	C	-0.58%
BGNE	D	-0.54%
ENPH	F	-0.54%
APA	D	-0.53%
CZR	F	-0.53%
HSIC	B	-0.53%
BRKR	D	-0.52%
MTCH	D	-0.51%
RGEN	D	-0.5%
OTEX	D	-0.49%
LCID	F	-0.39%
ETSY	D	-0.37%
FIVE	F	-0.31%