FMDE vs. VFMF ETF Comparison

Comparison of Fidelity Enhanced Mid Cap ETF (FMDE) to Vanguard U.S. Multifactor ETF (VFMF)

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

$34.88

Average Daily Volume

148,866

Number of Holdings ^*

292

* may have additional holdings in another (foreign) market

VFMF

Vanguard U.S. Multifactor ETF

VFMF Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$139.64

Average Daily Volume

8,764

Number of Holdings ^*

470

* may have additional holdings in another (foreign) market

Performance

Period	FMDE	VFMF
30 Days	7.79%	6.72%
60 Days	9.16%	7.63%
90 Days	11.40%	7.99%
12 Months	39.31%	33.84%

82 Overlapping Holdings

Symbol	Grade	Weight in FMDE	Weight in VFMF	Overlap
ADTN	A	0.2%	0.02%	0.02%
AFL	B	0.02%	1.08%	0.02%
ALSN	B	0.37%	0.3%	0.3%
AMP	A	0.6%	0.17%	0.17%
ARW	D	0.01%	0.09%	0.01%
AYI	B	0.31%	0.26%	0.26%
BBY	D	0.03%	0.05%	0.03%
BERY	B	0.46%	0.03%	0.03%
BK	A	0.99%	0.98%	0.98%
BLD	D	0.32%	0.19%	0.19%
BLDR	D	0.2%	0.12%	0.12%
CACI	D	0.49%	0.07%	0.07%
CAH	B	0.74%	0.53%	0.53%
CBOE	B	0.27%	0.34%	0.27%
CBSH	A	0.11%	0.34%	0.11%
CF	B	0.03%	0.16%	0.03%
CFG	B	0.23%	0.57%	0.23%
CI	F	0.06%	0.5%	0.06%
CL	D	0.42%	0.46%	0.42%
CNM	D	0.03%	0.07%	0.03%
COR	B	0.51%	0.17%	0.17%
CPAY	A	0.31%	0.23%	0.23%
CRUS	D	0.44%	0.06%	0.06%
CSL	C	0.05%	0.07%	0.05%
CTAS	B	0.52%	0.07%	0.07%
CTRA	B	0.1%	0.17%	0.1%
DASH	A	0.16%	0.05%	0.05%
DHI	D	0.37%	0.26%	0.26%
DKS	C	0.2%	0.15%	0.15%
EBAY	D	0.32%	0.07%	0.07%
EME	C	0.31%	0.22%	0.22%
EQH	B	0.62%	0.2%	0.2%
EXPE	B	0.73%	0.13%	0.13%
FANG	D	0.26%	0.6%	0.26%
FFIV	B	0.54%	0.02%	0.02%
FIX	A	0.38%	0.16%	0.16%
FTI	A	0.12%	0.14%	0.12%
GAP	B	0.49%	0.08%	0.08%
GILD	C	0.51%	0.43%	0.43%
HIG	B	0.4%	0.7%	0.4%
HPE	B	0.61%	0.04%	0.04%
HPQ	A	0.01%	0.19%	0.01%
HRB	D	0.22%	0.45%	0.22%
INGR	B	0.24%	0.35%	0.24%
KD	B	0.15%	0.16%	0.15%
KLAC	D	0.36%	0.52%	0.36%
KMB	D	0.22%	0.59%	0.22%
KR	B	0.73%	0.73%	0.73%
LDOS	C	0.6%	0.15%	0.15%
LEN	D	0.29%	0.19%	0.19%
LEN	D	0.29%	0.07%	0.07%
LPX	B	0.35%	0.21%	0.21%
MEDP	D	0.45%	0.15%	0.15%
MPWR	F	0.51%	0.1%	0.1%
MTDR	B	0.28%	0.08%	0.08%
NTAP	C	0.64%	0.17%	0.17%
NUE	C	0.6%	0.13%	0.13%
NVR	D	0.65%	0.18%	0.18%
NWS	A	0.11%	0.36%	0.11%
OC	A	0.23%	0.44%	0.23%
OVV	B	0.02%	0.07%	0.02%
PCAR	B	0.38%	0.13%	0.13%
PHM	D	0.05%	0.72%	0.05%
PYPL	B	0.54%	0.15%	0.15%
RCL	A	0.18%	0.12%	0.12%
RS	B	0.3%	0.11%	0.11%
STLD	B	0.47%	0.18%	0.18%
STT	A	0.72%	0.23%	0.23%
SWKS	F	0.45%	0.09%	0.09%
SYF	B	0.36%	0.71%	0.36%
TNL	A	0.06%	0.15%	0.06%
TOL	B	0.62%	0.25%	0.25%
TPL	A	0.14%	0.03%	0.03%
TPR	B	0.51%	0.14%	0.14%
TT	A	0.48%	0.44%	0.44%
UHS	D	0.32%	0.1%	0.1%
UNM	A	0.52%	0.28%	0.28%
UTHR	C	0.35%	0.37%	0.35%
VIRT	B	0.06%	0.23%	0.06%
WCC	B	0.33%	0.12%	0.12%
WSM	B	0.11%	0.28%	0.11%
WU	D	0.33%	0.06%	0.06%

FMDE Overweight 211 Positions Relative to VFMF

Symbol	Grade	Weight
WMB	A	1.12%
SQ	A	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%
UAL	A	0.79%
RJF	A	0.78%
CVNA	B	0.75%
RBLX	C	0.72%
WTW	B	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%
PPG	F	0.66%
CSGP	D	0.66%
DOCU	A	0.65%
NRG	B	0.65%
CLX	B	0.65%
KEY	B	0.65%
CCL	B	0.65%
VICI	C	0.63%
AIZ	A	0.63%
FIS	C	0.63%
EIX	B	0.61%
IDXX	F	0.61%
HUBS	A	0.61%
INCY	C	0.6%
CCI	D	0.6%
TXT	D	0.59%
CW	B	0.59%
HUBB	B	0.59%
LNG	B	0.59%
SSNC	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%
DKNG	B	0.56%
TRGP	B	0.56%
FTV	C	0.54%
GL	B	0.54%
MANH	D	0.54%
EXEL	B	0.52%
CNP	B	0.52%
GRMN	B	0.52%
DCI	B	0.52%
QRVO	F	0.5%
MSI	B	0.5%
AMH	D	0.49%
ECL	D	0.49%
CCK	C	0.48%
TDC	D	0.48%
BURL	A	0.48%
AXTA	A	0.47%
BWXT	B	0.47%
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%
SNX	C	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%
EVRG	A	0.41%
NVT	B	0.41%
AME	A	0.4%
SOLV	C	0.39%
AM	A	0.39%
CPNG	D	0.39%
EEFT	B	0.38%
IGT	F	0.38%
VMI	B	0.37%
PCG	A	0.36%
HXL	D	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%
NTNX	A	0.33%
Z	A	0.32%
COIN	C	0.31%
DVN	F	0.31%
APP	B	0.3%
GDDY	A	0.29%
EQR	B	0.29%
RGA	A	0.28%
MGM	D	0.28%
XEL	A	0.28%
GLPI	C	0.27%
IFF	D	0.27%
BAH	F	0.27%
DXCM	D	0.27%
A	D	0.27%
ELAN	D	0.27%
ZG	A	0.26%
BMY	B	0.26%
ZBRA	B	0.25%
PLTK	B	0.25%
BILL	A	0.25%
BRO	B	0.25%
CDW	F	0.25%
LHX	C	0.24%
SEIC	B	0.24%
GTES	A	0.23%
TW	A	0.22%
MTB	A	0.22%
HES	B	0.22%
SBAC	D	0.22%
FLS	B	0.21%
DFS	B	0.21%
PCTY	B	0.21%
HII	D	0.21%
GPN	B	0.2%
MKTX	D	0.19%
NWSA	B	0.18%
NOC	D	0.18%
ACM	B	0.17%
MKL	A	0.16%
WWD	B	0.16%
USFD	A	0.16%
SAM	C	0.15%
DOC	D	0.15%
GXO	B	0.14%
KMI	A	0.14%
CINF	A	0.13%
ATI	D	0.13%
ANSS	B	0.13%
REG	B	0.13%
CHDN	B	0.12%
ITT	A	0.12%
AES	F	0.12%
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%
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	F	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%
DTE	C	0.06%
WDAY	B	0.06%
FR	D	0.06%
EG	C	0.06%
HUM	C	0.06%
L	A	0.06%
NSC	B	0.06%
WEN	D	0.05%
EGP	F	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%
ULTA	F	0.04%
U	C	0.04%
K	A	0.04%
EPR	D	0.03%
REYN	D	0.03%
AKAM	D	0.03%
TXRH	C	0.03%
BMRN	D	0.03%
SF	B	0.03%
CBRE	B	0.03%
JAZZ	B	0.02%
QGEN	D	0.02%
POST	C	0.02%
AJG	B	0.02%
ED	D	0.02%
HAL	C	0.02%
MRO	B	0.02%
LSCC	D	0.01%
STAG	F	0.01%
OKE	A	0.01%
SWK	D	0.01%
HOOD	B	0.01%

FMDE Underweight 388 Positions Relative to VFMF

Symbol	Grade	Weight
WFC	A	-1.25%
AIG	B	-1.02%
ABBV	D	-0.93%
GOOG	C	-0.9%
MMM	D	-0.9%
VLO	C	-0.85%
MPC	D	-0.83%
QCOM	F	-0.82%
HCA	F	-0.82%
AXP	A	-0.82%
META	D	-0.82%
PM	B	-0.81%
MO	A	-0.78%
AMAT	F	-0.78%
WMT	A	-0.78%
T	A	-0.77%
TMUS	B	-0.75%
APO	B	-0.74%
JPM	A	-0.72%
MLI	C	-0.71%
MCK	B	-0.71%
MTG	C	-0.71%
BPOP	B	-0.67%
TGT	F	-0.65%
OFG	B	-0.64%
LMT	D	-0.64%
NVDA	C	-0.63%
IBM	C	-0.61%
EWBC	A	-0.59%
FDX	B	-0.54%
COST	B	-0.52%
BKNG	A	-0.52%
VZ	C	-0.52%
BCC	B	-0.52%
EOG	A	-0.51%
FI	A	-0.51%
GOOGL	C	-0.5%
FBP	B	-0.5%
ANET	C	-0.5%
CAT	B	-0.48%
XOM	B	-0.47%
OMF	A	-0.46%
MRK	F	-0.46%
COLL	F	-0.46%
ORI	A	-0.45%
GM	B	-0.44%
AZO	C	-0.43%
TJX	A	-0.42%
SLM	A	-0.41%
CNO	A	-0.4%
PVH	C	-0.39%
FITB	A	-0.39%
AMAL	B	-0.39%
JNJ	D	-0.38%
UFPI	B	-0.37%
RTX	C	-0.36%
KELYA	F	-0.36%
ANDE	D	-0.34%
PRDO	B	-0.34%
EIG	B	-0.34%
IBOC	A	-0.34%
WRB	A	-0.33%
CVX	A	-0.33%
SCS	C	-0.32%
AMG	B	-0.32%
CPF	A	-0.31%
NMIH	D	-0.31%
CASH	A	-0.3%
NTB	B	-0.3%
SIG	B	-0.3%
GIII	D	-0.3%
ACT	D	-0.29%
GFF	A	-0.29%
PRI	A	-0.28%
SRCE	B	-0.28%
CALM	A	-0.28%
TK	D	-0.27%
PSX	C	-0.27%
FCX	D	-0.26%
EAT	A	-0.26%
SKX	D	-0.26%
TPC	C	-0.26%
MHO	D	-0.25%
FCF	A	-0.25%
PFBC	B	-0.25%
WSFS	A	-0.24%
PHIN	A	-0.24%
JBL	B	-0.24%
ASO	F	-0.24%
NSIT	F	-0.24%
MLKN	D	-0.23%
DELL	C	-0.23%
FNF	B	-0.23%
WTTR	B	-0.23%
M	D	-0.22%
MHK	D	-0.22%
WFRD	D	-0.22%
MBIN	D	-0.22%
COP	C	-0.22%
RDN	C	-0.21%
GNW	A	-0.21%
SIGA	F	-0.21%
THO	B	-0.21%
THC	D	-0.2%
CVCO	A	-0.2%
AMKR	D	-0.2%
AX	A	-0.2%
CAL	D	-0.2%
SPOT	B	-0.2%
AMWD	C	-0.2%
ASC	F	-0.2%
PPC	C	-0.2%
GMS	B	-0.2%
PGR	A	-0.2%
CROX	D	-0.2%
JEF	A	-0.19%
AMRX	C	-0.19%
AHCO	F	-0.19%
RL	B	-0.19%
ATGE	B	-0.19%
HWKN	B	-0.19%
PKG	A	-0.19%
BOKF	B	-0.19%
CRM	B	-0.19%
STNG	F	-0.18%
VCTR	B	-0.18%
PLUS	F	-0.18%
TILE	B	-0.18%
IMKTA	C	-0.18%
BELFB	D	-0.18%
REVG	B	-0.18%
PATK	D	-0.18%
COKE	C	-0.18%
TEX	D	-0.18%
IESC	B	-0.18%
PINC	B	-0.18%
TMHC	B	-0.18%
CNOB	B	-0.18%
BLX	C	-0.18%
HP	B	-0.18%
COOP	B	-0.17%
SKYW	B	-0.17%
DLX	B	-0.17%
ALKS	B	-0.17%
AEO	F	-0.17%
PLAB	C	-0.17%
URI	B	-0.17%
MRC	B	-0.17%
AIT	A	-0.17%
AGO	B	-0.17%
WMK	C	-0.16%
BV	B	-0.16%
STBA	B	-0.16%
TBBK	B	-0.16%
R	B	-0.16%
DECK	A	-0.16%
IDT	B	-0.16%
CR	A	-0.16%
BG	F	-0.16%
DVA	B	-0.16%
BAC	A	-0.16%
GNK	D	-0.16%
OMI	F	-0.16%
KBH	D	-0.16%
SFM	A	-0.16%
PR	B	-0.16%
SXC	A	-0.16%
ASB	B	-0.16%
KEX	C	-0.16%
ESAB	B	-0.15%
CRBG	B	-0.15%
PFGC	B	-0.15%
RMD	C	-0.15%
CHRD	D	-0.15%
KTB	B	-0.15%
DHT	F	-0.15%
CRC	A	-0.15%
SNA	A	-0.15%
SCSC	B	-0.15%
SLVM	B	-0.15%
CHCO	B	-0.15%
WABC	B	-0.14%
DAKT	B	-0.14%
CVLT	B	-0.14%
ETD	C	-0.14%
NR	B	-0.14%
AN	C	-0.14%
CNXN	C	-0.14%
ABCB	B	-0.14%
TNK	F	-0.14%
MCY	A	-0.14%
BBW	B	-0.14%
PUMP	B	-0.14%
MUSA	A	-0.14%
CMC	B	-0.14%
ENS	D	-0.14%
LNTH	D	-0.14%
HAFC	A	-0.13%
SPOK	C	-0.13%
MUR	D	-0.13%
VNT	B	-0.13%
HBI	B	-0.13%
HCC	B	-0.13%
SM	B	-0.13%
TPH	D	-0.13%
NMRK	B	-0.13%
INSW	F	-0.12%
DNOW	B	-0.12%
PTGX	C	-0.12%
KNTK	B	-0.12%
ROCK	C	-0.12%
BHLB	B	-0.12%
ZEUS	C	-0.12%
FIBK	A	-0.12%
PSTG	D	-0.12%
CBU	B	-0.12%
CPRX	C	-0.12%
SSD	D	-0.12%
HWC	B	-0.12%
CTSH	B	-0.12%
UA	B	-0.12%
CYH	F	-0.12%
OGN	D	-0.12%
IMMR	C	-0.12%
URBN	C	-0.12%
AGX	B	-0.12%
SPTN	D	-0.11%
PH	A	-0.11%
SCHL	D	-0.11%
EXP	A	-0.11%
HALO	F	-0.11%
LPG	F	-0.11%
SBSI	B	-0.11%
CEIX	A	-0.11%
REX	D	-0.11%
CNX	A	-0.11%
AMR	C	-0.11%
MATX	C	-0.11%
ITRI	B	-0.1%
GPC	D	-0.1%
DOX	D	-0.1%
GRBK	D	-0.1%
QCRH	A	-0.1%
WHD	B	-0.1%
FLWS	F	-0.1%
LRN	A	-0.1%
JXN	C	-0.1%
VERX	B	-0.1%
LYB	F	-0.1%
SANM	B	-0.1%
CDNA	D	-0.1%
AZZ	B	-0.1%
CRVL	A	-0.09%
GRND	A	-0.09%
APOG	B	-0.09%
OXM	D	-0.09%
NAVI	C	-0.09%
GPOR	B	-0.09%
WLY	B	-0.09%
MOG.A	B	-0.09%
DXPE	B	-0.09%
JELD	F	-0.09%
INDB	B	-0.09%
FDP	B	-0.08%
PSMT	C	-0.08%
SFNC	B	-0.08%
ARCB	C	-0.08%
SD	D	-0.08%
HSTM	B	-0.08%
ACCO	C	-0.08%
UPBD	B	-0.08%
WMS	D	-0.07%
DOLE	D	-0.07%
USAP	B	-0.07%
CNA	B	-0.07%
DESP	B	-0.07%
MTUS	C	-0.07%
ZIMV	D	-0.07%
PLPC	B	-0.07%
EPC	D	-0.07%
BBSI	B	-0.07%
HIMS	C	-0.07%
HVT	D	-0.07%
CG	A	-0.07%
JWN	C	-0.07%
STRL	B	-0.07%
NTGR	B	-0.07%
IDCC	B	-0.07%
VFC	C	-0.07%
RES	D	-0.07%
LZB	B	-0.07%
MTH	D	-0.07%
FN	D	-0.06%
NHC	C	-0.06%
UTI	A	-0.06%
LOPE	B	-0.06%
GOGL	F	-0.06%
C	A	-0.06%
CENTA	C	-0.06%
FLO	D	-0.06%
JILL	C	-0.06%
CIVI	D	-0.06%
FRME	B	-0.06%
CATY	B	-0.06%
BWA	D	-0.06%
HNI	B	-0.06%
AMZN	C	-0.06%
PFG	D	-0.06%
NAT	F	-0.06%
AGM	C	-0.06%
RNR	C	-0.06%
OSUR	F	-0.05%
TCBI	B	-0.05%
GRNT	B	-0.05%
CLW	F	-0.05%
NOG	A	-0.05%
BKE	B	-0.05%
LBRT	D	-0.05%
UFPT	B	-0.05%
SCVL	F	-0.05%
NX	C	-0.05%
SN	D	-0.05%
BJ	A	-0.05%
MET	A	-0.05%
BTU	B	-0.05%
CASY	A	-0.05%
ZUMZ	C	-0.05%
SUPN	C	-0.05%
CBT	C	-0.05%
YOU	D	-0.05%
PRK	B	-0.05%
MD	B	-0.05%
ADMA	B	-0.05%
CRS	A	-0.05%
LQDT	B	-0.05%
OSBC	A	-0.05%
LYTS	B	-0.05%
SMLR	B	-0.04%
CTS	C	-0.04%
HOV	D	-0.04%
HEES	B	-0.04%
WGO	C	-0.04%
GOLF	B	-0.04%
HSII	B	-0.04%
STGW	B	-0.04%
SXI	B	-0.04%
BKU	A	-0.04%
KFRC	D	-0.04%
MCRI	A	-0.04%
MBUU	C	-0.04%
MGY	A	-0.04%
NSSC	D	-0.04%
NXST	C	-0.04%
TNC	D	-0.04%
SHOO	D	-0.04%
VTRS	A	-0.04%
WEX	D	-0.04%
GEO	B	-0.04%
PRMW	C	-0.04%
EFSC	B	-0.04%
CRAI	B	-0.04%
ATEN	B	-0.03%
GPI	A	-0.03%
GPK	C	-0.03%
UVSP	B	-0.03%
BSIG	A	-0.03%
BYD	C	-0.03%
STRA	C	-0.03%
PRLB	A	-0.03%
KMT	B	-0.03%
MOV	C	-0.03%
CCRN	F	-0.03%
RRC	B	-0.03%
HFWA	B	-0.03%
BRY	F	-0.03%
EPAC	B	-0.03%
TCBK	B	-0.03%
WNC	C	-0.03%
DDS	B	-0.03%
INGN	C	-0.02%
VRA	F	-0.02%
RGP	F	-0.02%
ATKR	C	-0.02%
BUSE	B	-0.02%
MAN	D	-0.02%
PEBO	A	-0.02%
SB	F	-0.02%
MBWM	B	-0.02%