FMDE vs. SPYV ETF Comparison

Comparison of Fidelity Enhanced Mid Cap ETF (FMDE) to SPDR S&P 500 Value ETF (based on S&P 500 Value Index) (SPYV)

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

SPYV

SPDR S&P 500 Value ETF (based on S&P 500 Value Index)

SPYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the large-capitalization value sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.67

Average Daily Volume

2,147,969

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

Performance

Period	FMDE	SPYV
30 Days	8.08%	2.77%
60 Days	9.45%	4.01%
90 Days	11.70%	6.06%
12 Months	39.69%	26.94%

137 Overlapping Holdings

Symbol	Grade	Weight in FMDE	Weight in SPYV	Overlap
A	D	0.27%	0.18%	0.18%
ADM	D	0.07%	0.12%	0.07%
AES	F	0.12%	0.05%	0.05%
AFL	B	0.02%	0.26%	0.02%
AIZ	A	0.63%	0.05%	0.05%
AJG	B	0.02%	0.15%	0.02%
AKAM	D	0.03%	0.03%	0.03%
ALL	A	0.57%	0.24%	0.24%
ALLE	D	0.58%	0.04%	0.04%
AME	A	0.4%	0.11%	0.11%
AMP	A	0.6%	0.12%	0.12%
AMT	D	0.06%	0.25%	0.06%
ANSS	B	0.13%	0.06%	0.06%
AWK	D	0.1%	0.12%	0.1%
BBY	D	0.03%	0.08%	0.03%
BIIB	F	0.04%	0.11%	0.04%
BK	A	0.99%	0.27%	0.27%
BMY	B	0.26%	0.56%	0.26%
BRO	B	0.25%	0.03%	0.03%
CAH	B	0.74%	0.14%	0.14%
CBOE	B	0.27%	0.03%	0.03%
CBRE	B	0.03%	0.19%	0.03%
CCI	D	0.6%	0.21%	0.21%
CCL	B	0.65%	0.03%	0.03%
CDW	F	0.25%	0.07%	0.07%
CF	B	0.03%	0.03%	0.03%
CFG	B	0.23%	0.1%	0.1%
CI	F	0.06%	0.42%	0.06%
CINF	A	0.13%	0.11%	0.11%
CL	D	0.42%	0.21%	0.21%
CLX	B	0.65%	0.1%	0.1%
CMI	A	0.94%	0.23%	0.23%
CNC	D	0.57%	0.14%	0.14%
CNP	B	0.52%	0.09%	0.09%
COR	B	0.51%	0.2%	0.2%
CSGP	D	0.66%	0.08%	0.08%
CTAS	B	0.52%	0.16%	0.16%
CTRA	B	0.1%	0.03%	0.03%
DAL	C	0.05%	0.09%	0.05%
DD	D	0.58%	0.16%	0.16%
DFS	B	0.21%	0.09%	0.09%
DGX	A	0.04%	0.08%	0.04%
DOC	D	0.15%	0.07%	0.07%
DTE	C	0.06%	0.12%	0.06%
DVN	F	0.31%	0.12%	0.12%
DXCM	D	0.27%	0.05%	0.05%
EA	A	0.58%	0.1%	0.1%
EBAY	D	0.32%	0.14%	0.14%
ECL	D	0.49%	0.14%	0.14%
ED	D	0.02%	0.15%	0.02%
EG	C	0.06%	0.07%	0.06%
EIX	B	0.61%	0.15%	0.15%
EQR	B	0.29%	0.12%	0.12%
ES	D	0.09%	0.1%	0.09%
EVRG	A	0.41%	0.07%	0.07%
EXC	C	0.11%	0.18%	0.11%
FFIV	B	0.54%	0.07%	0.07%
FIS	C	0.63%	0.23%	0.23%
GEHC	F	0.11%	0.18%	0.11%
GILD	C	0.51%	0.54%	0.51%
GIS	D	0.33%	0.17%	0.17%
GL	B	0.54%	0.05%	0.05%
GPN	B	0.2%	0.14%	0.14%
GRMN	B	0.52%	0.07%	0.07%
GWW	B	0.42%	0.06%	0.06%
HAL	C	0.02%	0.12%	0.02%
HIG	B	0.4%	0.16%	0.16%
HII	D	0.21%	0.04%	0.04%
HPE	B	0.61%	0.13%	0.13%
HPQ	B	0.01%	0.17%	0.01%
HUBB	B	0.59%	0.06%	0.06%
HUM	C	0.06%	0.16%	0.06%
HWM	A	0.89%	0.09%	0.09%
IDXX	F	0.61%	0.07%	0.07%
IFF	D	0.27%	0.11%	0.11%
INCY	C	0.6%	0.06%	0.06%
IQV	D	0.33%	0.1%	0.1%
K	A	0.04%	0.1%	0.04%
KEY	B	0.65%	0.08%	0.08%
KMB	D	0.22%	0.21%	0.21%
KMI	A	0.14%	0.24%	0.14%
KR	B	0.73%	0.18%	0.18%
L	A	0.06%	0.07%	0.06%
LDOS	C	0.6%	0.11%	0.11%
LEN	D	0.29%	0.08%	0.08%
LHX	C	0.24%	0.22%	0.22%
LUV	C	0.1%	0.09%	0.09%
MCHP	D	0.08%	0.07%	0.07%
MGM	D	0.28%	0.01%	0.01%
MKTX	D	0.19%	0.05%	0.05%
MRO	B	0.02%	0.04%	0.02%
MSCI	C	0.84%	0.1%	0.1%
MSI	B	0.5%	0.16%	0.16%
MTB	A	0.22%	0.17%	0.17%
NDAQ	A	0.44%	0.15%	0.15%
NOC	D	0.18%	0.32%	0.18%
NRG	B	0.65%	0.09%	0.09%
NSC	B	0.06%	0.28%	0.06%
NTAP	C	0.64%	0.07%	0.07%
NUE	C	0.6%	0.06%	0.06%
NWS	B	0.11%	0.02%	0.02%
NWSA	B	0.18%	0.05%	0.05%
OKE	A	0.01%	0.11%	0.01%
PCAR	B	0.38%	0.08%	0.08%
PCG	A	0.36%	0.21%	0.21%
PPG	F	0.66%	0.13%	0.13%
PRU	A	0.85%	0.21%	0.21%
PSA	D	0.46%	0.14%	0.14%
PYPL	B	0.54%	0.41%	0.41%
QRVO	F	0.5%	0.03%	0.03%
REG	B	0.13%	0.06%	0.06%
RJF	A	0.78%	0.14%	0.14%
ROP	B	0.1%	0.16%	0.1%
SBAC	D	0.22%	0.07%	0.07%
SOLV	C	0.39%	0.04%	0.04%
SPG	B	0.96%	0.16%	0.16%
STLD	B	0.47%	0.03%	0.03%
STT	A	0.72%	0.13%	0.13%
SWK	D	0.01%	0.06%	0.01%
SWKS	F	0.45%	0.06%	0.06%
SYF	B	0.36%	0.12%	0.12%
SYY	B	0.11%	0.17%	0.11%
TPR	B	0.51%	0.06%	0.06%
TT	A	0.48%	0.13%	0.13%
TXT	D	0.59%	0.08%	0.08%
UAL	A	0.79%	0.14%	0.14%
UHS	D	0.32%	0.06%	0.06%
ULTA	F	0.04%	0.03%	0.03%
VICI	C	0.63%	0.15%	0.15%
VLTO	D	0.1%	0.12%	0.1%
VMC	B	0.42%	0.06%	0.06%
WAB	B	0.43%	0.16%	0.16%
WBD	C	0.08%	0.1%	0.08%
WMB	A	1.12%	0.19%	0.19%
WTW	B	0.72%	0.15%	0.15%
XEL	A	0.28%	0.18%	0.18%
ZBRA	B	0.25%	0.1%	0.1%

FMDE Overweight 155 Positions Relative to SPYV

Symbol	Grade	Weight
SQ	B	0.97%
VST	B	0.94%
CVNA	B	0.75%
EXPE	B	0.73%
RBLX	C	0.72%
ROST	C	0.71%
VEEV	C	0.71%
TOST	B	0.69%
TWLO	A	0.67%
ZM	B	0.67%
AXON	A	0.67%
DOCU	A	0.65%
NVR	D	0.65%
TOL	B	0.62%
EQH	B	0.62%
HUBS	A	0.61%
CW	B	0.59%
LNG	B	0.59%
SSNC	B	0.59%
LYFT	C	0.57%
DBX	B	0.56%
DKNG	B	0.56%
TRGP	B	0.56%
FTV	C	0.54%
MANH	D	0.54%
EXEL	B	0.52%
UNM	A	0.52%
DCI	B	0.52%
MPWR	F	0.51%
CACI	D	0.49%
GAP	C	0.49%
AMH	D	0.49%
CCK	C	0.48%
TDC	D	0.48%
BURL	A	0.48%
AXTA	A	0.47%
BWXT	B	0.47%
BERY	B	0.46%
BRX	A	0.45%
NYT	C	0.45%
MEDP	D	0.45%
HLT	A	0.45%
PEGA	A	0.45%
ANF	C	0.45%
CRUS	D	0.44%
SNX	C	0.44%
LNW	D	0.44%
NBIX	C	0.44%
PLTR	B	0.43%
NVT	B	0.41%
AM	A	0.39%
CPNG	D	0.39%
FIX	A	0.38%
EEFT	B	0.38%
IGT	F	0.38%
ALSN	B	0.37%
DHI	D	0.37%
VMI	B	0.37%
KLAC	D	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	A	0.33%
NTNX	A	0.33%
WCC	B	0.33%
WU	D	0.33%
BLD	D	0.32%
Z	A	0.32%
EME	C	0.31%
COIN	C	0.31%
CPAY	A	0.31%
AYI	B	0.31%
RS	B	0.3%
APP	B	0.3%
GDDY	A	0.29%
RGA	A	0.28%
MTDR	B	0.28%
GLPI	C	0.27%
BAH	F	0.27%
ELAN	D	0.27%
FANG	D	0.26%
ZG	A	0.26%
PLTK	B	0.25%
BILL	A	0.25%
INGR	B	0.24%
SEIC	B	0.24%
OC	A	0.23%
GTES	A	0.23%
TW	A	0.22%
HRB	D	0.22%
HES	B	0.22%
FLS	B	0.21%
PCTY	B	0.21%
ADTN	A	0.2%
DKS	C	0.2%
BLDR	D	0.2%
RCL	A	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%
KD	B	0.15%
GXO	B	0.14%
TPL	A	0.14%
ATI	D	0.13%
FTI	A	0.12%
CHDN	B	0.12%
ITT	A	0.12%
WSM	B	0.11%
CBSH	A	0.11%
MORN	B	0.11%
IBKR	A	0.11%
CTRE	D	0.1%
AXS	A	0.09%
ACGL	D	0.09%
LPLA	A	0.09%
LEG	F	0.08%
XRAY	F	0.08%
VSTS	C	0.07%
JHG	A	0.07%
CWEN	C	0.07%
MSA	D	0.07%
WDAY	B	0.06%
FR	C	0.06%
VIRT	B	0.06%
TNL	A	0.06%
CSL	C	0.05%
WEN	D	0.05%
EGP	F	0.05%
PHM	D	0.05%
TXG	F	0.05%
NTRA	B	0.05%
OGE	B	0.04%
BBWI	D	0.04%
CWEN	C	0.04%
U	C	0.04%
EPR	D	0.03%
REYN	D	0.03%
TXRH	C	0.03%
BMRN	D	0.03%
CNM	D	0.03%
SF	B	0.03%
JAZZ	B	0.02%
QGEN	D	0.02%
POST	C	0.02%
OVV	B	0.02%
LSCC	D	0.01%
STAG	F	0.01%
HOOD	B	0.01%
ARW	D	0.01%

FMDE Underweight 296 Positions Relative to SPYV

Symbol	Grade	Weight
BRK.A	B	-4.01%
JPM	A	-3.22%
XOM	B	-2.51%
WMT	A	-1.72%
JNJ	D	-1.71%
UNH	C	-1.59%
BAC	A	-1.45%
CVX	A	-1.29%
HD	A	-1.19%
WFC	A	-1.16%
PG	A	-1.12%
COST	B	-1.11%
CSCO	B	-1.09%
ABT	B	-0.94%
DIS	B	-0.93%
IBM	C	-0.9%
ABBV	D	-0.88%
GS	A	-0.87%
V	A	-0.82%
VZ	C	-0.81%
CMCSA	B	-0.79%
MS	A	-0.77%
AMGN	D	-0.75%
T	A	-0.75%
RTX	C	-0.74%
DHR	F	-0.72%
LOW	D	-0.72%
NEE	D	-0.72%
MRK	F	-0.7%
HON	B	-0.7%
PFE	D	-0.69%
KO	D	-0.69%
PEP	F	-0.68%
BLK	C	-0.68%
C	A	-0.61%
PM	B	-0.59%
TMO	F	-0.59%
TXN	C	-0.56%
SCHW	B	-0.56%
MCD	D	-0.56%
MA	C	-0.56%
TMUS	B	-0.55%
LMT	D	-0.54%
MU	D	-0.52%
GE	D	-0.52%
MDT	D	-0.52%
PLD	D	-0.5%
INTC	D	-0.5%
CB	C	-0.5%
ACN	C	-0.49%
LIN	D	-0.49%
UPS	C	-0.46%
ELV	F	-0.44%
MO	A	-0.44%
SO	D	-0.44%
SPGI	C	-0.43%
ICE	C	-0.42%
QCOM	F	-0.41%
DUK	C	-0.4%
PNC	B	-0.39%
USB	A	-0.37%
CAT	B	-0.37%
UNP	C	-0.37%
MCK	B	-0.37%
WELL	A	-0.36%
EMR	A	-0.35%
ADP	B	-0.35%
GD	F	-0.35%
PGR	A	-0.35%
MMM	D	-0.34%
COF	B	-0.33%
APD	A	-0.33%
TGT	F	-0.33%
CVS	D	-0.32%
BDX	F	-0.31%
FDX	B	-0.31%
ISRG	A	-0.3%
GM	B	-0.3%
SLB	C	-0.29%
TFC	A	-0.29%
JCI	C	-0.27%
SRE	A	-0.27%
BSX	B	-0.27%
FI	A	-0.27%
TRV	B	-0.27%
ETN	A	-0.26%
BA	F	-0.26%
MMC	B	-0.25%
PSX	C	-0.25%
MDLZ	F	-0.24%
GEV	B	-0.24%
CME	A	-0.24%
NKE	D	-0.24%
AXP	A	-0.23%
MET	A	-0.23%
AIG	B	-0.23%
O	D	-0.23%
AEP	D	-0.23%
SBUX	A	-0.22%
NEM	D	-0.22%
D	C	-0.22%
SYK	C	-0.22%
TJX	A	-0.22%
VLO	C	-0.21%
VRTX	F	-0.21%
SHW	A	-0.21%
KVUE	A	-0.21%
EQIX	A	-0.21%
WM	A	-0.2%
BKR	B	-0.2%
ADI	D	-0.2%
F	C	-0.2%
PEG	A	-0.2%
DE	A	-0.2%
CTVA	C	-0.19%
MCO	B	-0.19%
AON	A	-0.19%
CTSH	B	-0.19%
COP	C	-0.19%
KDP	D	-0.18%
STZ	D	-0.18%
APH	A	-0.18%
CEG	D	-0.18%
ITW	B	-0.18%
ZTS	D	-0.17%
GLW	B	-0.17%
BX	A	-0.17%
REGN	F	-0.16%
HCA	F	-0.16%
RMD	C	-0.16%
OXY	D	-0.16%
CSX	B	-0.16%
EXR	D	-0.16%
FCX	D	-0.15%
DOW	F	-0.15%
ETR	B	-0.15%
ADSK	A	-0.15%
FITB	A	-0.15%
DLR	B	-0.15%
AVB	B	-0.15%
CARR	D	-0.15%
XYL	D	-0.14%
ABNB	C	-0.14%
WEC	A	-0.14%
TROW	B	-0.13%
KEYS	A	-0.13%
DOV	A	-0.13%
KHC	F	-0.13%
PAYX	C	-0.13%
PPL	B	-0.12%
SW	A	-0.12%
EW	C	-0.12%
HBAN	A	-0.12%
EQT	B	-0.12%
EOG	A	-0.12%
VTR	C	-0.12%
WY	D	-0.11%
FAST	B	-0.11%
MPC	D	-0.11%
AEE	A	-0.11%
RF	A	-0.11%
OTIS	C	-0.11%
OMC	C	-0.1%
CHTR	C	-0.1%
WDC	D	-0.1%
YUM	B	-0.1%
FSLR	F	-0.1%
FE	C	-0.1%
PKG	A	-0.1%
NTRS	A	-0.1%
LYB	F	-0.1%
ZBH	C	-0.1%
TDY	B	-0.1%
ATO	A	-0.1%
TSN	B	-0.09%
VRSK	A	-0.09%
RSG	A	-0.09%
PFG	D	-0.09%
MAA	B	-0.09%
BALL	D	-0.09%
MKC	D	-0.09%
INVH	D	-0.09%
ORLY	B	-0.09%
ESS	B	-0.09%
EFX	F	-0.09%
PH	A	-0.09%
IP	B	-0.09%
LH	C	-0.09%
CMS	C	-0.09%
ON	D	-0.08%
NI	A	-0.08%
AVY	D	-0.08%
BAX	D	-0.08%
GEN	B	-0.08%
IRM	D	-0.08%
MTD	D	-0.08%
HSY	F	-0.08%
AZO	C	-0.08%
KIM	A	-0.08%
ARE	D	-0.08%
ROK	B	-0.08%
DG	F	-0.08%
TRMB	B	-0.08%
GPC	D	-0.08%
TSCO	D	-0.08%
TER	D	-0.08%
IEX	B	-0.08%
J	F	-0.08%
WRB	A	-0.08%
HOLX	D	-0.08%
DELL	C	-0.08%
NDSN	B	-0.07%
WAT	B	-0.07%
NXPI	D	-0.07%
RVTY	F	-0.07%
CHD	B	-0.07%
APTV	D	-0.07%
AMCR	D	-0.07%
TTWO	A	-0.07%
PWR	A	-0.07%
JBHT	C	-0.07%
VTRS	A	-0.07%
EL	F	-0.07%
LNT	A	-0.07%
MNST	C	-0.07%
EMN	D	-0.06%
SJM	D	-0.06%
ALB	C	-0.06%
STX	D	-0.06%
MLM	B	-0.06%
KMX	B	-0.06%
BG	F	-0.06%
JKHY	D	-0.06%
JNPR	F	-0.06%
CPT	B	-0.06%
CHRW	C	-0.06%
CAG	D	-0.06%
DLTR	F	-0.06%
MRNA	F	-0.06%
UDR	B	-0.06%
IR	B	-0.05%
STE	F	-0.05%
FDS	B	-0.05%
CRL	C	-0.05%
LKQ	D	-0.05%
PNW	B	-0.05%
SNA	A	-0.05%
CTLT	B	-0.05%
FOXA	B	-0.05%
EXPD	D	-0.05%
IPG	D	-0.05%
TAP	C	-0.05%
PODD	C	-0.05%
BR	A	-0.05%
TECH	D	-0.05%
BXP	D	-0.05%
BWA	D	-0.04%
MAS	D	-0.04%
IVZ	B	-0.04%
ROL	B	-0.04%
VRSN	F	-0.04%
MTCH	D	-0.04%
HAS	D	-0.04%
MOS	F	-0.04%
EPAM	C	-0.04%
HSIC	B	-0.04%
FRT	B	-0.04%
CPB	D	-0.04%
HRL	D	-0.04%
TFX	F	-0.04%
PTC	A	-0.04%
DPZ	C	-0.04%
DRI	B	-0.04%
ENPH	F	-0.03%
DAY	B	-0.03%
FOX	A	-0.03%
POOL	C	-0.03%
WBA	F	-0.03%
PAYC	B	-0.03%
LVS	C	-0.03%
BEN	C	-0.03%
JBL	B	-0.03%
PARA	C	-0.03%
FMC	D	-0.03%
ALGN	D	-0.03%
MHK	D	-0.03%
MOH	F	-0.03%
AOS	F	-0.02%
CZR	F	-0.02%
RL	B	-0.02%
LW	C	-0.02%
ERIE	D	-0.02%
GNRC	B	-0.02%
HST	C	-0.02%
PNR	A	-0.02%
DVA	B	-0.01%