MGMT vs. FSMD ETF Comparison

Comparison of Ballast Small/Mid Cap ETF (MGMT) to Fidelity Small-Mid Factor ETF (FSMD)
MGMT

Ballast Small/Mid Cap ETF

MGMT Description

The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Grade (RS Rating)

Last Trade

$35.40

Average Daily Volume

15,094

Number of Holdings *

46

* may have additional holdings in another (foreign) market
FSMD

Fidelity Small-Mid Factor ETF

FSMD Description The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Factor Index℠, which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index℠.

Grade (RS Rating)

Last Trade

$37.34

Average Daily Volume

99,362

Number of Holdings *

572

* may have additional holdings in another (foreign) market
Performance
Period MGMT FSMD
30 Days -2.14% -1.94%
60 Days -2.76% 1.50%
90 Days -5.63% -2.83%
12 Months 4.04% 17.00%
23 Overlapping Holdings
Symbol Grade Weight in MGMT Weight in FSMD Overlap
AGM C 3.63% 0.11% 0.11%
ATKR F 1.68% 0.16% 0.16%
AZZ C 3.23% 0.13% 0.13%
BCO A 2.03% 0.17% 0.17%
BELFB C 2.47% 0.08% 0.08%
BWA F 1.71% 0.22% 0.22%
CASS D 2.54% 0.1% 0.1%
CEIX B 3.23% 0.15% 0.15%
CVCO D 3.18% 0.14% 0.14%
DOX D 1.76% 0.22% 0.22%
EPR C 1.68% 0.14% 0.14%
EXP D 2.49% 0.21% 0.21%
GEO C 2.21% 0.12% 0.12%
IRMD B 0.97% 0.1% 0.1%
LAMR B 0.04% 0.27% 0.04%
LSTR B 2.47% 0.19% 0.19%
MTG B 3.16% 0.2% 0.2%
PATK C 1.98% 0.13% 0.13%
PHIN D 3.09% 0.15% 0.15%
RCMT F 1.25% 0.06% 0.06%
SFM A 2.03% 0.26% 0.26%
TDC D 2.73% 0.11% 0.11%
UFPT B 1.49% 0.16% 0.16%
MGMT Overweight 23 Positions Relative to FSMD
Symbol Grade Weight
NRP B 5.46%
IMXI D 2.41%
IGIC B 2.34%
LII B 2.32%
CBNK C 2.24%
SOI C 2.22%
BIOX D 1.86%
BLCO C 1.78%
TRIP F 1.78%
GSM D 1.62%
NTIC D 1.58%
RMNI C 1.57%
CRMT D 1.57%
GPRE D 1.52%
KOS D 1.49%
IPGP F 1.45%
KN B 1.41%
ECVT F 1.37%
EPSN B 1.21%
TKR D 1.15%
EXTR C 0.95%
G D 0.86%
CMP F 0.79%
MGMT Underweight 549 Positions Relative to FSMD
Symbol Grade Weight
PSTG C -0.48%
EME B -0.45%
TPL B -0.41%
DKS B -0.38%
IP A -0.37%
UTHR A -0.37%
RBA B -0.36%
CASY B -0.36%
WING B -0.35%
RGA B -0.35%
IBKR B -0.35%
TOL D -0.34%
NVT C -0.33%
BLD D -0.33%
WMS C -0.32%
FTI C -0.32%
FOXA A -0.32%
WRK D -0.32%
ANF C -0.32%
TXRH A -0.32%
APP B -0.32%
CLH A -0.31%
JKHY C -0.31%
XPO D -0.31%
TECH C -0.31%
UHS B -0.31%
UDR B -0.31%
TW D -0.31%
FIX C -0.31%
ONTO B -0.3%
EVRG D -0.3%
RNR B -0.3%
WWD B -0.3%
INCY B -0.3%
SCI B -0.29%
GWRE A -0.29%
MEDP B -0.29%
EMN C -0.29%
ELF B -0.29%
AMH B -0.29%
VKTX D -0.29%
ALLY B -0.29%
NI B -0.29%
TTEK B -0.29%
QRVO B -0.28%
CHK D -0.28%
CRL F -0.28%
CW B -0.28%
MUSA A -0.28%
BSY D -0.28%
RPRX D -0.27%
REG B -0.27%
ITT D -0.27%
CACI A -0.27%
CHRW B -0.27%
JLL B -0.27%
EWBC C -0.27%
ELAN B -0.27%
SKX B -0.27%
JNPR B -0.27%
UNM C -0.26%
TTC C -0.26%
EHC B -0.26%
CUBE B -0.26%
AOS D -0.26%
TFX D -0.25%
SF B -0.25%
AIZ D -0.25%
DOCU D -0.25%
HALO A -0.25%
HAS C -0.25%
ATR C -0.25%
OLED B -0.25%
DVA B -0.25%
LNW B -0.25%
ALLE D -0.25%
ERIE C -0.25%
GMED A -0.25%
BXP B -0.24%
CRBG B -0.24%
CPB D -0.24%
DUOL B -0.24%
DINO D -0.24%
ALV D -0.24%
TREX F -0.24%
RL B -0.24%
HRL F -0.24%
ORI C -0.24%
NYT B -0.24%
DCI D -0.24%
CRUS A -0.24%
DTM A -0.24%
PNW C -0.24%
AFG D -0.24%
HII C -0.24%
SWN D -0.24%
LNTH B -0.24%
FN B -0.24%
CNM D -0.24%
KNSL F -0.24%
KBR C -0.24%
FFIV D -0.24%
VOYA B -0.23%
AYI D -0.23%
CHRD C -0.23%
CCK D -0.23%
CHE D -0.23%
NNN B -0.23%
MORN C -0.23%
EVR B -0.23%
TAP F -0.23%
GNTX D -0.23%
SNX C -0.23%
HRB A -0.23%
HQY B -0.23%
BPMC B -0.23%
TPX D -0.23%
ESTC C -0.23%
BWXT B -0.23%
PRI B -0.23%
OHI A -0.23%
HSIC D -0.23%
ETRN C -0.23%
EGP C -0.22%
MOS D -0.22%
FCN C -0.22%
INGR D -0.22%
OLLI B -0.22%
RBC C -0.22%
ADMA B -0.22%
FRT D -0.22%
ACI F -0.22%
HLI C -0.22%
ENSG B -0.22%
MTCH F -0.22%
JXN B -0.22%
GPK C -0.22%
BRBR C -0.21%
ZION C -0.21%
SEIC C -0.21%
AIT C -0.21%
BRX B -0.21%
AXS B -0.21%
AXTA C -0.21%
CR B -0.21%
ALSN C -0.21%
ARW C -0.21%
RYAN B -0.21%
OGE C -0.21%
COOP C -0.21%
JAZZ F -0.21%
RGLD C -0.21%
EXEL B -0.21%
KBH B -0.2%
OSK D -0.2%
SPSC B -0.2%
RLI D -0.2%
KNX C -0.2%
BFAM C -0.2%
MLI C -0.2%
PCVX B -0.2%
SSD D -0.2%
FLS C -0.2%
MGY C -0.2%
AIRC A -0.2%
ESNT B -0.2%
STAG C -0.2%
LAD F -0.2%
TMHC D -0.2%
X F -0.2%
BPOP C -0.2%
MUR D -0.2%
MSA C -0.2%
UFPI D -0.2%
MTH D -0.2%
WBS D -0.2%
SIGI F -0.19%
FR C -0.19%
CNX C -0.19%
BRKR F -0.19%
ESI B -0.19%
BERY C -0.19%
MTN F -0.19%
FORM B -0.19%
EXAS F -0.19%
KD B -0.19%
LEA F -0.19%
LFUS C -0.19%
WTFC C -0.19%
BMI C -0.19%
MHK D -0.19%
OMF D -0.19%
MMSI B -0.18%
MMS B -0.18%
IONS B -0.18%
AWI D -0.18%
GPI C -0.18%
AGCO F -0.18%
ESGR B -0.18%
SAIC D -0.18%
HAE D -0.18%
WIRE B -0.18%
ESAB D -0.18%
AN D -0.18%
NSIT B -0.18%
RDN B -0.18%
LBRDK D -0.18%
AAON C -0.18%
STNG A -0.18%
ALTR B -0.18%
NFG C -0.18%
STRL C -0.18%
RHI D -0.18%
ABG C -0.18%
AMG C -0.18%
IBP D -0.18%
GL C -0.18%
VNT D -0.18%
WH C -0.18%
CVLT A -0.18%
HLNE C -0.17%
BDC B -0.17%
CORT B -0.17%
WU D -0.17%
SMAR B -0.17%
CSWI B -0.17%
SON D -0.17%
BC F -0.17%
TRNO C -0.17%
RMBS F -0.17%
MPW C -0.17%
SKYW B -0.17%
AVT B -0.17%
MOG.A C -0.17%
ITGR D -0.17%
OPCH D -0.17%
KRG B -0.17%
PBF D -0.17%
COKE A -0.17%
FNB C -0.17%
CMC C -0.17%
EPRT B -0.17%
RGEN F -0.17%
FSS D -0.17%
VRNS C -0.16%
ENS C -0.16%
OZK D -0.16%
SATS C -0.16%
APPF B -0.16%
NHI B -0.16%
ACLS B -0.16%
NEOG C -0.16%
THO F -0.16%
ALKS D -0.16%
MATX A -0.16%
CBZ D -0.16%
WLK D -0.16%
COLB F -0.16%
AEO C -0.16%
SKY D -0.16%
TPH D -0.16%
ACIW A -0.16%
BCC D -0.16%
KTB B -0.16%
IDA D -0.16%
VCTR C -0.16%
VRRM B -0.16%
POR C -0.16%
PLMR D -0.16%
ATGE B -0.16%
CRC C -0.16%
LOPE D -0.16%
WTS D -0.16%
BCPC B -0.16%
HOG F -0.16%
XRAY F -0.16%
PCOR D -0.16%
NXST C -0.16%
VIRT C -0.16%
FUL C -0.15%
MHO C -0.15%
PSN B -0.15%
SLVM B -0.15%
LRN B -0.15%
CNO C -0.15%
IBOC C -0.15%
IOT D -0.15%
CUZ D -0.15%
AGX B -0.15%
LIVN C -0.15%
SUM D -0.15%
ALE B -0.15%
VNO B -0.15%
TNL B -0.15%
FBP B -0.15%
GPOR D -0.15%
SANM B -0.15%
AMKR B -0.15%
UMBF C -0.15%
DLB F -0.15%
PBH C -0.15%
DOCS C -0.15%
AXNX B -0.15%
CTRE C -0.15%
WMG D -0.15%
ACA C -0.15%
LMAT B -0.15%
ZWS D -0.15%
ADUS A -0.15%
MTX B -0.14%
IDCC B -0.14%
TNK B -0.14%
SKT D -0.14%
GNW D -0.14%
VSTO C -0.14%
BRC B -0.14%
BOX D -0.14%
CWEN C -0.14%
CARG B -0.14%
ROAD C -0.14%
DIOD D -0.14%
POWL C -0.14%
AX C -0.14%
OGS D -0.14%
IESC C -0.14%
BYD D -0.14%
NMIH B -0.14%
HIW B -0.14%
BXMT C -0.14%
OTTR D -0.14%
STRA D -0.14%
INSW B -0.14%
FTDR C -0.14%
FULT C -0.14%
SHOO B -0.14%
DORM B -0.14%
URBN B -0.14%
MGEE D -0.14%
DBX D -0.14%
QLYS D -0.14%
OSG A -0.14%
ASC B -0.14%
TENB D -0.14%
ASO F -0.14%
GMS D -0.14%
ASGN D -0.14%
BKH C -0.14%
AMED F -0.14%
FELE D -0.14%
TNET D -0.13%
ESE D -0.13%
EQC B -0.13%
SLP B -0.13%
BLKB D -0.13%
CALM B -0.13%
IOSP D -0.13%
BTU D -0.13%
AVA D -0.13%
ALRM D -0.13%
NHC A -0.13%
CATY C -0.13%
PLXS C -0.13%
LAUR D -0.13%
TEX D -0.13%
GHC D -0.13%
CACC D -0.13%
JJSF B -0.13%
HWKN A -0.13%
HCC D -0.13%
ENVA C -0.13%
KAI B -0.13%
ASTH C -0.13%
BNL B -0.13%
APAM C -0.13%
LPG C -0.13%
SNEX C -0.13%
CHH B -0.13%
CRVL C -0.13%
PAG D -0.13%
KRC F -0.13%
WABC D -0.12%
CWAN C -0.12%
PFBC D -0.12%
ANIP C -0.12%
ZD C -0.12%
CENTA D -0.12%
SXI D -0.12%
HELE F -0.12%
RUSHA D -0.12%
CCS D -0.12%
HNI C -0.12%
USPH D -0.12%
TGNA D -0.12%
YELP F -0.12%
LTC B -0.12%
ICFI C -0.12%
PATH D -0.12%
CHCO C -0.12%
HUBG B -0.12%
DDS C -0.12%
VLY F -0.12%
PETQ B -0.12%
IDYA D -0.12%
MLR C -0.12%
DEI C -0.12%
REX F -0.12%
PRDO D -0.12%
CLW B -0.12%
GRBK B -0.12%
GOLF B -0.12%
DXC C -0.12%
CASH B -0.12%
USM B -0.12%
VCEL C -0.12%
NSP F -0.12%
OFG C -0.12%
WEN F -0.12%
WDFC D -0.12%
MSM D -0.12%
AMRX C -0.12%
SKWD C -0.12%
LCII F -0.12%
CPRX D -0.12%
VSH F -0.12%
NEU D -0.12%
TBBK C -0.11%
VGR B -0.11%
COLL D -0.11%
QCRH C -0.11%
TK B -0.11%
DEA B -0.11%
INVA B -0.11%
ACLX C -0.11%
PLUS D -0.11%
HSTM B -0.11%
NCNO B -0.11%
PEBO C -0.11%
TNC D -0.11%
MGRC D -0.11%
DAKT C -0.11%
ARCH D -0.11%
USLM B -0.11%
SUPN F -0.11%
FCF D -0.11%
LZB B -0.11%
AMR F -0.11%
ARCB F -0.11%
ACT C -0.11%
CRI F -0.11%
MYRG D -0.11%
EVTC D -0.11%
OSIS D -0.11%
PLTK D -0.11%
PINC F -0.11%
NWLI A -0.11%
GIII D -0.1%
AMPH D -0.1%
GEF F -0.1%
BL D -0.1%
AMAL B -0.1%
BDN D -0.1%
IBCP C -0.1%
GRC B -0.1%
SCHL D -0.1%
IART D -0.1%
NAVI F -0.1%
WINA C -0.1%
MTRN D -0.1%
AMN F -0.1%
OMCL F -0.1%
PRGS F -0.1%
WGO F -0.1%
BKE C -0.1%
ANDE D -0.1%
PGNY F -0.1%
ROCK D -0.1%
PDM B -0.1%
HURN C -0.1%
KNSA C -0.1%
CTBI D -0.1%
CUBI C -0.1%
OSBC D -0.1%
FIZZ B -0.1%
CCOI F -0.1%
SRCE C -0.1%
WOR F -0.1%
MSBI D -0.09%
CNXN D -0.09%
WS D -0.09%
PLPC D -0.09%
IMKTA F -0.09%
MCB D -0.09%
ODC F -0.09%
HNRG C -0.09%
RAMP D -0.09%
KFRC D -0.09%
ARDX F -0.09%
PLAB F -0.09%
WRLD F -0.09%
JBSS D -0.09%
JBI D -0.09%
KELYA C -0.09%
AMWD F -0.09%
THFF D -0.09%
PARR F -0.09%
INFA D -0.09%
ETD D -0.09%
FOR D -0.09%
EBF B -0.09%
BFST D -0.09%
NYCB F -0.09%
FIVN F -0.09%
BZH D -0.09%
HAFC C -0.09%
GSHD F -0.09%
CVI F -0.09%
OEC D -0.09%
ALG F -0.09%
SCS C -0.09%
FRSH F -0.08%
RMR D -0.08%
HE F -0.08%
SIRI F -0.08%
DFH F -0.08%
HCKT D -0.08%
DV D -0.08%
KREF D -0.08%
SWI B -0.08%
SMLR C -0.08%
SPOK D -0.08%
CXW D -0.08%
ACAD D -0.08%
UVV D -0.08%
NRC F -0.07%
GNE F -0.07%
LSEA F -0.07%
IRON C -0.07%
CCRN F -0.07%
MITK D -0.07%
CWCO F -0.07%
OABI F -0.07%
HVT F -0.07%
SXC D -0.07%
AMCX F -0.06%
OSUR F -0.06%
GIC F -0.06%
QTRX F -0.06%
IRWD F -0.05%
MED F -0.03%
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