MADE vs. FFLC ETF Comparison

Comparison of iShares U.S. Manufacturing ETF (MADE) to Fidelity Fundamental Large Cap Core ETF (FFLC)

MADE

iShares U.S. Manufacturing ETF

MADE Description

The underlying index is designed to measure the performance of equity securities of U.S.-domiciled companies that are involved in manufacturing and manufacturing-related industries and that generate a certain amount of revenues in the U.S., among other eligibility criteria, as determined by SPDJI. The fund generally will invest at least 80% of its assets in the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.73

Average Daily Volume

6,289

Number of Holdings ^*

* 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

$47.14

Average Daily Volume

102,251

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MADE	FFLC
30 Days	6.47%	1.92%
60 Days	7.69%	3.70%
90 Days	12.24%	6.08%
12 Months		37.00%

9 Overlapping Holdings

Symbol	Grade	Weight in MADE	Weight in FFLC	Overlap
ALSN	B	0.83%	0.83%	0.83%
APH	A	4.15%	0.85%	0.85%
BA	F	1.37%	0.72%	0.72%
ETN	A	4.44%	1.02%	1.02%
GD	F	1.32%	0.38%	0.38%
HII	D	0.13%	0.29%	0.13%
KBR	F	0.16%	0.17%	0.16%
NOC	D	1.21%	0.25%	0.25%
SPR	D	0.06%	0.19%	0.06%

MADE Overweight 89 Positions Relative to FFLC

Symbol	Grade	Weight
GM	B	4.6%
PCAR	B	4.43%
HON	B	4.11%
CMI	A	3.93%
AME	A	3.63%
DE	A	3.63%
F	C	3.47%
TT	A	3.21%
PH	A	3.1%
RTX	C	2.7%
ROK	B	2.54%
DOV	A	2.25%
CARR	D	2.19%
FTV	C	2.12%
LMT	D	1.99%
HUBB	B	1.96%
JCI	C	1.95%
TDY	B	1.85%
FSLR	F	1.55%
SNA	A	1.54%
COHR	B	1.29%
TDG	D	1.25%
SWK	D	1.09%
NVT	B	1.03%
LECO	B	0.98%
GNRC	B	0.93%
RRX	B	0.91%
AYI	B	0.83%
LHX	C	0.8%
HWM	A	0.78%
FN	D	0.75%
AXON	A	0.73%
TTC	D	0.7%
LII	A	0.69%
ENPH	F	0.64%
PNR	A	0.61%
OSK	B	0.59%
RIVN	F	0.59%
MIDD	C	0.59%
IEX	B	0.59%
MKSI	C	0.58%
MSA	D	0.53%
LFUS	F	0.51%
GGG	B	0.51%
VNT	B	0.49%
THO	B	0.48%
LDOS	C	0.45%
FSS	B	0.45%
BC	C	0.44%
ITRI	B	0.44%
BDC	B	0.41%
AEIS	B	0.35%
AAON	B	0.34%
ENS	D	0.33%
HOG	D	0.31%
CR	A	0.31%
ESE	B	0.3%
AOS	F	0.3%
JBT	B	0.29%
CW	B	0.26%
SPXC	A	0.26%
CSWI	A	0.25%
LCII	C	0.25%
TRN	B	0.25%
TXT	D	0.25%
ATKR	C	0.24%
GTLS	B	0.24%
CXT	B	0.23%
BMI	B	0.23%
BE	B	0.22%
GT	C	0.22%
WTS	B	0.21%
HEI	B	0.19%
ZWS	B	0.19%
WWD	B	0.17%
BWXT	B	0.17%
AIN	C	0.17%
MWA	B	0.15%
FELE	B	0.15%
SAIC	F	0.14%
LCID	F	0.13%
NPO	A	0.12%
MOG.A	B	0.11%
FOXF	F	0.11%
PLUG	F	0.1%
ARRY	D	0.08%
SHLS	F	0.07%
KTOS	B	0.07%
SEDG	F	0.06%

MADE Underweight 78 Positions Relative to FFLC

Symbol	Grade	Weight
MSFT	F	-6.98%
NVDA	C	-5.71%
META	D	-4.7%
AAPL	C	-4.26%
GOOGL	C	-3.2%
AMZN	C	-2.89%
XOM	B	-2.88%
BAC	A	-2.18%
AVGO	D	-1.98%
LLY	F	-1.85%
WFC	A	-1.82%
SO	D	-1.72%
UNH	C	-1.72%
CMCSA	B	-1.69%
GE	D	-1.61%
BSX	B	-1.35%
FI	A	-1.34%
V	A	-1.31%
EIX	B	-1.31%
CI	F	-1.23%
TMO	F	-1.18%
SAP	B	-1.15%
CSCO	B	-1.1%
LOW	D	-1.06%
CEG	D	-1.06%
KVUE	A	-1.04%
PNC	B	-1.01%
KDP	D	-1.0%
INTU	C	-1.0%
ORCL	B	-0.97%
TSM	B	-0.97%
KO	D	-0.94%
USB	A	-0.94%
URI	B	-0.92%
BMY	B	-0.92%
GEV	B	-0.87%
TRV	B	-0.87%
MA	C	-0.85%
MOD	A	-0.84%
UPS	C	-0.78%
RPRX	D	-0.76%
REGN	F	-0.75%
CB	C	-0.73%
VRT	B	-0.66%
HRB	D	-0.64%
ELV	F	-0.63%
COST	B	-0.63%
ABBV	D	-0.61%
UBER	D	-0.61%
CCI	D	-0.61%
APO	B	-0.61%
KNX	B	-0.59%
FDX	B	-0.58%
WSO	A	-0.56%
NVO	D	-0.53%
DOX	D	-0.53%
HLT	A	-0.52%
MLM	B	-0.49%
AMT	D	-0.43%
DEO	F	-0.43%
MAR	B	-0.42%
AJG	B	-0.41%
WSM	B	-0.4%
GEN	B	-0.37%
COR	B	-0.37%
LEN	D	-0.36%
ABNB	C	-0.33%
GSK	F	-0.3%
GILD	C	-0.27%
TMUS	B	-0.2%
LIN	D	-0.2%
MELI	D	-0.2%
DKS	C	-0.19%
ASML	F	-0.18%
SPG	B	-0.18%
IP	B	-0.18%
LNG	B	-0.03%
MRVL	B	-0.02%