RFV vs. FFSM ETF Comparison

Comparison of Guggenheim S&P Midcap 400 Pure Value ETF (RFV) to Fidelity Fundamental Small-Mid Cap ETF (FFSM)

RFV

Guggenheim S&P Midcap 400 Pure Value ETF

RFV Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P MidCap 400 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P MidCap 400 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$112.58

Average Daily Volume

20,837

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFSM

Fidelity Fundamental Small-Mid Cap ETF

FFSM Description

FFSM discloses holdings only on a monthly basis with a 30-day lag. The fund actively selects global mid- and small-cap companies with both growth and value factors. The portfolio is selected using fundamental and quantitative analysis, considering factors such as issuer's financial health and industry position, as well as the overall economic condition. The fund has a Tracking Basket Structure in place, which acts as a proxy portfolio that includes some of the funds holdings from recent disclosure, significant portion of the funds holdings, and cash. This is designed to track the funds daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads. Before February 26, 2024, the fund traded as Fidelity Small-Mid Cap Opportunities ETF under the ticker FSMO.

Grade (RS Rating)

Last Trade

$25.20

Average Daily Volume

23,926

Number of Holdings ^*

160

* may have additional holdings in another (foreign) market

Performance

Period	RFV	FFSM
30 Days	-5.62%	-3.89%
60 Days	0.88%	0.91%
90 Days	-0.93%	5.59%
12 Months	21.94%	22.50%

15 Overlapping Holdings

Symbol	Grade	Weight in RFV	Weight in FFSM	Overlap
ADNT	D	1.7%	0.22%	0.22%
AR	A	0.76%	1.25%	0.76%
BJ	A	0.58%	1.16%	0.58%
CMC	C	1.15%	0.63%	0.63%
CNXC	F	0.34%	0.44%	0.34%
FAF	F	0.49%	0.88%	0.49%
JLL	C	1.67%	0.83%	0.83%
LEA	C	1.35%	0.42%	0.42%
ORI	A	0.54%	0.85%	0.54%
PFGC	D	1.62%	1.23%	1.23%
PVH	D	1.17%	1.02%	1.02%
RGA	A	1.12%	0.67%	0.67%
SNX	A	2.56%	0.72%	0.72%
USFD	C	1.71%	1.04%	1.04%
WBS	D	0.57%	0.42%	0.42%

RFV Overweight 73 Positions Relative to FFSM

Symbol	Grade	Weight
PBF	A	3.52%
M	D	2.7%
AVT	A	2.5%
X	F	2.28%
DINO	C	2.24%
ARW	B	2.2%
LAD	D	2.01%
GT	D	1.96%
MAN	B	1.83%
CLF	D	1.81%
AN	A	1.79%
JWN	B	1.75%
MTZ	B	1.71%
AA	A	1.7%
HTZ	F	1.58%
UNM	B	1.56%
GHC	C	1.53%
PPC	A	1.51%
ALLY	A	1.47%
TMHC	B	1.47%
WCC	D	1.42%
THC	B	1.41%
ARMK	A	1.33%
MDU	A	1.31%
R	A	1.23%
ASB	A	1.2%
KMPR	B	1.19%
WHR	F	1.15%
PAG	C	1.14%
JEF	B	1.09%
KD	D	1.08%
HOG	D	1.01%
PRGO	B	1.01%
THO	D	1.01%
FNB	B	0.97%
CUZ	B	0.96%
FLR	A	0.95%
VAC	B	0.92%
KRC	D	0.91%
ZION	B	0.88%
POST	A	0.85%
UGI	B	0.84%
FYBR	B	0.83%
ENOV	C	0.82%
VLY	F	0.82%
FHN	B	0.82%
CHK	A	0.78%
PENN	F	0.74%
ONB	B	0.72%
TGNA	F	0.69%
JHG	C	0.68%
GPS	D	0.68%
OSK	B	0.67%
PB	B	0.67%
GEF	D	0.67%
SWX	A	0.67%
TCBI	D	0.65%
AGCO	B	0.63%
COHR	D	0.63%
IRT	B	0.62%
NVST	F	0.58%
BKH	B	0.55%
CNO	B	0.54%
NOV	B	0.52%
VSH	D	0.5%
WERN	F	0.48%
SR	A	0.47%
BERY	D	0.45%
KNX	F	0.44%
NYCB	F	0.39%
LEG	D	0.35%
UAA	D	0.32%
UA	D	0.32%

RFV Underweight 145 Positions Relative to FFSM

Symbol	Grade	Weight
TPX	C	-1.58%
FTI	A	-1.48%
AZO	C	-1.46%
EME	A	-1.42%
MOH	F	-1.36%
MUSA	A	-1.25%
XPO	D	-1.25%
ACGL	B	-1.22%
VRT	A	-1.21%
FN	D	-1.2%
UHS	C	-1.18%
RRX	C	-1.13%
CROX	C	-1.12%
ITT	B	-1.09%
EXP	B	-1.06%
LPLA	A	-1.03%
DOX	F	-1.0%
NSIT	C	-0.99%
AIZ	C	-0.89%
CACI	A	-0.87%
CHDN	B	-0.86%
AME	D	-0.85%
LNG	B	-0.84%
DFS	A	-0.83%
VNT	C	-0.82%
ATKR	A	-0.82%
NXST	C	-0.82%
DKS	A	-0.81%
PRI	F	-0.8%
AIT	C	-0.8%
AYI	C	-0.8%
ON	D	-0.78%
BC	F	-0.76%
HES	A	-0.76%
STX	C	-0.76%
ASGN	C	-0.75%
ACHC	D	-0.74%
MEDP	B	-0.72%
CRL	C	-0.72%
KBR	A	-0.7%
G	F	-0.68%
AEIS	D	-0.68%
GPK	B	-0.67%
PCG	A	-0.67%
CIEN	D	-0.67%
GVA	A	-0.67%
DT	D	-0.66%
PNFP	D	-0.66%
ALSN	B	-0.65%
STLD	D	-0.64%
BECN	A	-0.64%
SNV	C	-0.64%
ACM	A	-0.62%
HLI	B	-0.62%
TGLS	A	-0.61%
CAH	D	-0.61%
WHD	A	-0.6%
FCNCA	A	-0.6%
MMS	C	-0.6%
SN	A	-0.59%
FSS	A	-0.58%
TENB	C	-0.57%
CADE	A	-0.57%
CNM	A	-0.56%
HOLX	B	-0.56%
VTR	A	-0.55%
KBH	B	-0.54%
OLN	C	-0.54%
RJF	B	-0.54%
HAYW	C	-0.53%
AES	B	-0.53%
NOMD	D	-0.52%
OI	D	-0.52%
AFG	C	-0.51%
ESI	C	-0.51%
SUM	C	-0.51%
LBRT	A	-0.51%
EXLS	D	-0.51%
LSCC	B	-0.5%
CC	B	-0.5%
LPX	C	-0.5%
WTFC	C	-0.5%
CBT	A	-0.49%
MTSI	A	-0.49%
ASO	D	-0.49%
WSC	D	-0.49%
LGIH	D	-0.47%
EBC	D	-0.44%
FBP	A	-0.44%
LITE	D	-0.44%
BCO	A	-0.43%
EPRT	A	-0.42%
TMDX	A	-0.42%
FROG	C	-0.41%
CACC	C	-0.41%
BOKF	A	-0.41%
FLEX	B	-0.4%
CWK	C	-0.4%
CHX	B	-0.39%
ICHR	B	-0.39%
WNS	F	-0.38%
FIBK	B	-0.37%
WD	B	-0.37%
BOOT	A	-0.36%
RUSHA	D	-0.35%
ESGR	C	-0.35%
ALGM	D	-0.35%
DOOO	C	-0.33%
HELE	F	-0.33%
OMI	B	-0.33%
NOG	A	-0.32%
EAT	B	-0.31%
DIOD	B	-0.31%
ARGX	D	-0.31%
RRR	D	-0.3%
PRO	D	-0.3%
WST	F	-0.29%
RGEN	D	-0.28%
MTB	A	-0.25%
IBTX	F	-0.24%
CSTM	B	-0.23%
KFRC	C	-0.22%
PATK	C	-0.21%
XPRO	B	-0.19%
MDGL	F	-0.19%
CYTK	D	-0.17%
ECPG	D	-0.16%
CRNX	B	-0.16%
NUVL	D	-0.16%
PCVX	D	-0.14%
ICLR	C	-0.12%
ACLX	D	-0.12%
AXSM	D	-0.1%
XENE	C	-0.1%
ARVN	D	-0.08%
PBH	B	-0.07%
VRNA	F	-0.07%
MORF	F	-0.07%
VCEL	C	-0.06%
TXG	F	-0.06%
TCBK	D	-0.06%
CLDX	D	-0.05%
ZNTL	F	-0.03%
KROS	D	-0.02%
ALXO	A	-0.01%