IMCB vs. FFLC ETF Comparison

Comparison of iShares Morningstar Mid-Cap ETF (IMCB) to Fidelity Fundamental Large Cap Core ETF (FFLC)

IMCB

iShares Morningstar Mid-Cap ETF

IMCB Description

IMCB is a passively-managed portfolio that offers exposure to a blend of growth and value stocks in the US mid-cap space. Stocks are selected based on Morningstars index methodology that uses fundamental factors. This methodology identifies growth securities as those with relatively above-average historical and forecasted earnings, sales, equity, and cash flow growth, while value securities as those with relatively low valuations based on price-to-book ratios, price-to-earnings ratios and other factors. The underlying index is reconstituted twice annually and rebalanced quarterly. Prior to March 19, 2021, the fund tracked the Morningstar US Mid Core Index under the ticker JKG.

Grade (RS Rating)

Last Trade

$75.96

Average Daily Volume

31,378

Number of Holdings ^*

447

* may have additional holdings in another (foreign) market

FFLC

Fidelity Fundamental Large Cap Core ETF

FFLC Description

FFLC seeks to achieve long-term capital growth by investing in a global core equity portfolio of large-cap stocks. The adviser generally defines large caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The portfolio includes stocks with growth and/or value characteristics. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity New Millennium ETF under the ticker FMIL. The fund previously used a semitransparent ETF structure.

Grade (RS Rating)

Last Trade

$45.50

Average Daily Volume

94,967

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	IMCB	FFLC
30 Days	2.91%	2.80%
60 Days	5.00%	5.73%
90 Days	8.36%	4.91%
12 Months	27.81%	40.47%

45 Overlapping Holdings

Symbol	Grade	Weight in IMCB	Weight in FFLC	Overlap
ACGL	B	0.38%	0.24%	0.24%
APTV	D	0.16%	0.71%	0.16%
AR	C	0.07%	0.24%	0.07%
ARES	B	0.27%	0.41%	0.27%
AVY	C	0.16%	0.38%	0.16%
BJ	D	0.09%	0.58%	0.09%
BKR	C	0.34%	0.7%	0.34%
BLDR	C	0.23%	0.39%	0.23%
CBRE	B	0.34%	0.39%	0.34%
CE	D	0.13%	0.49%	0.13%
CHDN	D	0.09%	0.27%	0.09%
CLX	C	0.18%	0.47%	0.18%
CNC	D	0.37%	0.51%	0.37%
DKS	D	0.11%	0.21%	0.11%
DT	C	0.13%	0.43%	0.13%
EL	D	0.19%	0.27%	0.19%
ESS	C	0.18%	0.18%	0.18%
FLEX	B	0.12%	0.52%	0.12%
FND	C	0.12%	0.24%	0.12%
FSLR	C	0.22%	0.25%	0.22%
GLPI	C	0.12%	0.26%	0.12%
HES	F	0.34%	0.32%	0.32%
HLT	B	0.51%	0.49%	0.49%
HOLX	D	0.18%	0.28%	0.18%
HWM	B	0.37%	0.67%	0.37%
IR	B	0.36%	0.73%	0.36%
JBL	C	0.12%	0.67%	0.12%
KDP	B	0.38%	0.63%	0.38%
KVUE	B	0.37%	0.88%	0.37%
LEN	B	0.02%	0.39%	0.02%
LEN	B	0.42%	0.39%	0.39%
LNG	D	0.38%	0.51%	0.38%
MDB	D	0.19%	0.27%	0.19%
MLM	D	0.31%	0.48%	0.31%
NVR	B	0.27%	0.45%	0.27%
ON	D	0.29%	0.69%	0.29%
PFGC	B	0.11%	0.57%	0.11%
PWR	B	0.39%	0.92%	0.39%
STZ	C	0.37%	0.2%	0.2%
TER	C	0.19%	0.22%	0.19%
URI	B	0.49%	0.37%	0.37%
VRT	C	0.31%	0.46%	0.31%
VST	B	0.28%	0.65%	0.28%
WDAY	D	0.48%	0.44%	0.44%
WST	D	0.21%	0.22%	0.21%

IMCB Overweight 402 Positions Relative to FFLC

Symbol	Grade	Weight
PLTR	C	0.68%
GEV	B	0.62%
CARR	B	0.62%
NEM	C	0.57%
DHI	C	0.55%
COF	B	0.54%
NSC	C	0.53%
TFC	D	0.53%
ADSK	B	0.53%
AFL	A	0.52%
PSA	C	0.52%
GM	C	0.51%
BK	B	0.5%
TRV	C	0.5%
WMB	C	0.5%
OKE	C	0.5%
O	B	0.49%
AEP	C	0.49%
SRE	B	0.48%
AZO	B	0.48%
JCI	B	0.47%
PCAR	D	0.47%
ROST	C	0.47%
SPG	B	0.47%
DLR	B	0.47%
CCI	C	0.46%
ALL	C	0.46%
TTD	B	0.45%
AIG	D	0.45%
FTNT	B	0.45%
KMB	C	0.44%
FIS	C	0.44%
FICO	B	0.44%
D	C	0.44%
VLO	F	0.42%
CPRT	D	0.42%
TEL	D	0.42%
GWW	B	0.42%
AMP	B	0.42%
PRU	C	0.41%
IQV	D	0.41%
F	F	0.4%
PAYX	C	0.4%
LHX	C	0.4%
MSCI	C	0.4%
MCHP	D	0.39%
PCG	C	0.39%
CMI	B	0.39%
DASH	B	0.39%
FERG	D	0.39%
MPWR	B	0.39%
KMI	C	0.39%
GIS	B	0.39%
IDXX	D	0.39%
FAST	C	0.38%
CTVA	B	0.38%
A	C	0.38%
PEG	B	0.38%
AME	C	0.37%
RCL	B	0.37%
EW	F	0.37%
ODFL	D	0.36%
OTIS	B	0.36%
COR	F	0.36%
EXC	B	0.36%
IT	C	0.36%
HUM	F	0.35%
CTSH	B	0.35%
EXR	C	0.35%
VRSK	D	0.35%
SQ	D	0.35%
YUM	B	0.34%
SYY	C	0.34%
KR	B	0.34%
DOW	C	0.34%
EFX	C	0.34%
ED	B	0.33%
XEL	B	0.33%
GEHC	B	0.33%
NUE	D	0.33%
RMD	C	0.33%
DFS	C	0.33%
GLW	B	0.32%
HIG	B	0.32%
EA	D	0.32%
HPQ	C	0.32%
DD	B	0.32%
ALNY	C	0.32%
COIN	F	0.31%
IRM	C	0.31%
VMC	C	0.31%
TRGP	C	0.31%
VICI	C	0.31%
DDOG	D	0.31%
EBAY	B	0.3%
CSGP	D	0.3%
EIX	B	0.3%
AVB	C	0.3%
CHTR	D	0.3%
XYL	C	0.3%
DELL	C	0.29%
KHC	C	0.29%
WAB	B	0.29%
FANG	F	0.29%
VEEV	C	0.29%
FITB	B	0.28%
LULU	D	0.28%
WTW	B	0.28%
MTB	C	0.28%
DAL	C	0.28%
CDW	D	0.28%
PPG	C	0.28%
PHM	B	0.28%
ADM	D	0.28%
ROK	D	0.28%
MTD	C	0.28%
HSY	D	0.27%
GPN	D	0.27%
CPNG	B	0.27%
AWK	C	0.27%
BIIB	F	0.27%
WEC	B	0.27%
TSCO	B	0.27%
AXON	B	0.26%
ANSS	D	0.26%
DXCM	F	0.26%
NDAQ	C	0.26%
STT	B	0.25%
KEYS	B	0.25%
CAH	C	0.25%
HUBS	D	0.25%
ETR	A	0.25%
FTV	C	0.25%
SBAC	C	0.24%
TEAM	D	0.24%
DVN	F	0.24%
APP	C	0.24%
VLTO	B	0.24%
DOV	B	0.24%
HAL	F	0.24%
IFF	A	0.24%
GRMN	D	0.24%
EQR	C	0.24%
TROW	C	0.23%
BR	C	0.23%
HPE	C	0.23%
NTAP	D	0.23%
NET	D	0.23%
LYB	D	0.23%
VTR	C	0.23%
BRO	C	0.23%
CHD	C	0.23%
DTE	A	0.23%
PPL	A	0.22%
DECK	C	0.22%
ES	B	0.22%
RJF	C	0.22%
STE	B	0.22%
FCNCA	D	0.22%
RBLX	C	0.22%
TTWO	D	0.22%
TYL	C	0.22%
WY	C	0.22%
SW	B	0.22%
AEE	B	0.21%
HUBB	B	0.21%
MRNA	F	0.21%
BALL	C	0.2%
CINF	C	0.2%
K	A	0.2%
WDC	C	0.2%
ILMN	D	0.2%
GDDY	C	0.2%
PTC	C	0.2%
RF	B	0.2%
CPAY	B	0.2%
HBAN	B	0.2%
SMCI	F	0.2%
ZBH	F	0.2%
COO	C	0.2%
FE	B	0.2%
MSTR	C	0.2%
EME	B	0.19%
MOH	D	0.19%
OMC	B	0.19%
TRU	B	0.19%
TDY	B	0.19%
ATO	B	0.19%
MKL	C	0.19%
SYF	C	0.19%
CMS	B	0.19%
INVH	D	0.19%
DRI	C	0.19%
MKC	C	0.19%
CSL	B	0.19%
LDOS	A	0.19%
STX	B	0.19%
LH	D	0.18%
MAA	C	0.18%
ALGN	D	0.18%
PKG	B	0.18%
BBY	A	0.18%
ULTA	D	0.18%
CFG	D	0.18%
GPC	D	0.18%
EQT	C	0.18%
LII	C	0.18%
BAX	C	0.18%
WAT	B	0.18%
BAH	B	0.18%
PFG	B	0.18%
SUI	C	0.17%
EXPE	C	0.17%
CNP	C	0.17%
PINS	D	0.17%
WSM	C	0.17%
MAS	B	0.17%
ZBRA	B	0.17%
DKNG	C	0.17%
CCL	C	0.17%
AVTR	C	0.17%
WBD	D	0.17%
J	A	0.17%
DG	F	0.17%
ARE	C	0.17%
NTRS	C	0.17%
MANH	B	0.16%
TXT	D	0.16%
EG	B	0.16%
LVS	C	0.16%
NRG	B	0.16%
LUV	C	0.16%
IP	C	0.16%
UAL	B	0.16%
FWONK	C	0.16%
DGX	B	0.16%
TSN	D	0.16%
ENTG	D	0.16%
WSO	C	0.16%
BURL	C	0.16%
CTRA	F	0.16%
EXPD	B	0.16%
TPL	C	0.16%
STLD	C	0.16%
WRB	D	0.16%
FDS	C	0.16%
PNR	B	0.15%
VRSN	C	0.15%
ZS	F	0.15%
HEI	C	0.15%
TOL	A	0.15%
IEX	C	0.15%
SWKS	F	0.15%
ZM	C	0.15%
ENPH	D	0.15%
AMCR	B	0.15%
RPM	B	0.15%
THC	C	0.15%
RS	D	0.15%
SWK	B	0.15%
LPLA	D	0.15%
KEY	C	0.15%
SSNC	C	0.15%
PODD	C	0.15%
ROL	C	0.14%
FNF	B	0.14%
L	D	0.14%
CF	B	0.14%
AKAM	D	0.14%
SNA	B	0.14%
DLTR	F	0.14%
NI	B	0.14%
LNT	A	0.14%
PSTG	F	0.14%
LYV	A	0.14%
CAG	B	0.14%
GEN	A	0.14%
DOC	B	0.14%
OC	C	0.14%
NTRA	C	0.14%
RVTY	B	0.14%
KIM	C	0.14%
MRO	D	0.14%
CASY	D	0.13%
ACM	B	0.13%
WPC	C	0.13%
UDR	C	0.13%
TW	B	0.13%
EVRG	B	0.13%
POOL	C	0.13%
UHS	C	0.13%
BG	F	0.13%
DPZ	D	0.13%
IBKR	B	0.13%
USFD	C	0.13%
VTRS	D	0.13%
NTNX	D	0.13%
GGG	C	0.13%
JBHT	D	0.13%
RGA	C	0.13%
TRMB	C	0.13%
WING	C	0.12%
JNPR	A	0.12%
SJM	C	0.12%
CLH	C	0.12%
ALLE	B	0.12%
FFIV	B	0.12%
TECH	C	0.12%
AMH	D	0.12%
BXP	C	0.12%
EMN	B	0.12%
JKHY	B	0.12%
HST	D	0.12%
EXAS	D	0.12%
ELS	D	0.12%
BLD	C	0.12%
NDSN	C	0.12%
XPO	D	0.12%
UTHR	B	0.12%
ERIE	B	0.12%
BMRN	F	0.12%
AES	C	0.12%
CPT	C	0.12%
RNR	B	0.12%
FIX	B	0.12%
CCK	B	0.11%
TFX	B	0.11%
SRPT	F	0.11%
SCI	C	0.11%
RRX	C	0.11%
NVT	C	0.11%
HOOD	C	0.11%
DOCU	C	0.11%
IPG	C	0.11%
OKTA	F	0.11%
EQH	C	0.11%
NBIX	F	0.11%
SAIA	D	0.11%
REG	C	0.11%
KMX	D	0.11%
TTEK	C	0.11%
ALB	D	0.1%
TWLO	C	0.1%
HII	F	0.1%
OVV	F	0.1%
LECO	D	0.1%
CRL	F	0.1%
LKQ	F	0.1%
SNAP	D	0.1%
WMS	D	0.1%
INCY	C	0.1%
EPAM	F	0.1%
HEI	C	0.1%
RPRX	C	0.1%
MEDP	F	0.09%
DAY	D	0.09%
APA	F	0.09%
HRL	F	0.09%
ALLY	F	0.09%
FOXA	B	0.09%
LW	D	0.09%
WTRG	D	0.09%
CG	C	0.09%
TAP	D	0.09%
QRVO	F	0.09%
CNH	C	0.09%
SOLV	D	0.09%
NWSA	D	0.09%
CPB	C	0.09%
AOS	B	0.09%
AFG	C	0.09%
CNM	F	0.08%
DVA	B	0.08%
UNM	B	0.08%
MOS	F	0.08%
MORN	C	0.08%
PAYC	D	0.08%
MGM	D	0.08%
UHAL	B	0.07%
ACI	F	0.07%
WYNN	C	0.07%
DINO	F	0.07%
CHK	C	0.07%
BEN	F	0.06%
U	D	0.06%
AZPN	B	0.06%
WBA	F	0.06%
BRKR	D	0.06%
BSY	C	0.06%
FOX	B	0.05%
WLK	C	0.05%
PCOR	D	0.05%
CELH	F	0.05%
SIRI	C	0.05%
SNX	C	0.05%
NWS	D	0.03%
PAG	D	0.03%
COTY	D	0.03%
FWONA	C	0.02%
AGR	C	0.02%
UHAL	B	0.01%
ALAB	C	0.01%

IMCB Underweight 89 Positions Relative to FFLC

Symbol	Grade	Weight
MSFT	C	-7.7%
AAPL	C	-4.51%
NVDA	C	-3.39%
AMZN	C	-3.26%
META	B	-2.57%
GOOGL	D	-2.4%
LLY	D	-1.93%
UNH	C	-1.72%
V	C	-1.63%
XOM	D	-1.49%
ADBE	F	-1.41%
BA	F	-1.31%
AMD	C	-1.27%
BSX	B	-1.23%
TJX	C	-1.2%
CMCSA	C	-1.16%
WFC	D	-1.08%
NFLX	B	-1.06%
ETN	C	-1.05%
UBER	C	-1.04%
TMO	B	-1.03%
PH	B	-1.02%
JPM	D	-0.98%
CRM	C	-0.98%
CB	B	-0.97%
INTU	D	-0.92%
NKE	D	-0.92%
GE	C	-0.9%
BAC	D	-0.9%
DHR	B	-0.82%
SO	B	-0.82%
LIN	B	-0.81%
ORCL	B	-0.79%
REGN	D	-0.76%
FCX	C	-0.75%
CAT	B	-0.75%
KO	B	-0.73%
SHOP	C	-0.69%
LMT	A	-0.68%
NXPI	D	-0.68%
SYK	C	-0.67%
GNRC	D	-0.66%
CEG	C	-0.66%
BKNG	B	-0.61%
MS	B	-0.6%
NOC	B	-0.6%
SLB	F	-0.6%
TSM	C	-0.58%
DIS	D	-0.57%
ADI	C	-0.55%
MMC	C	-0.53%
CI	C	-0.52%
RL	B	-0.51%
ABNB	D	-0.5%
WMT	B	-0.49%
AZN	D	-0.47%
BWXT	A	-0.45%
SNPS	F	-0.44%
CSCO	B	-0.44%
KBR	D	-0.42%
ESI	C	-0.42%
CMG	D	-0.42%
FCN	C	-0.41%
SPOT	C	-0.4%
ITT	B	-0.39%
FOUR	C	-0.39%
EDR	A	-0.37%
GS	B	-0.33%
WSC	D	-0.32%
HLI	C	-0.32%
TRNO	D	-0.32%
FTI	D	-0.29%
GILD	B	-0.29%
SAM	D	-0.27%
MRK	F	-0.26%
TT	B	-0.26%
ASML	F	-0.25%
NVO	F	-0.25%
WNS	F	-0.19%
FAF	B	-0.18%
OI	D	-0.17%
NFE	F	-0.16%
OWL	B	-0.16%
MU	D	-0.14%
MASI	C	-0.12%
AGL	F	-0.12%
LEGN	F	-0.12%
LFST	C	-0.06%
MRVL	D	-0.04%