RNDV vs. FFLC ETF Comparison

Comparison of First Trust US Equity Dividend Select ETF (RNDV) to Fidelity Fundamental Large Cap Core ETF (FFLC)

RNDV

First Trust US Equity Dividend Select ETF

RNDV Description

The US Equity Dividend Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Equity Dividend Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$34.72

Average Daily Volume

7,095

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

$47.24

Average Daily Volume

103,927

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RNDV	FFLC
30 Days	0.09%	2.14%
60 Days	2.01%	3.92%
90 Days	4.31%	6.30%
12 Months	25.40%	37.29%

14 Overlapping Holdings

Symbol	Grade	Weight in RNDV	Weight in FFLC	Overlap
ABBV	D	1.02%	0.61%	0.61%
APH	A	1.26%	0.85%	0.85%
BMY	B	1.85%	0.92%	0.92%
CI	F	0.61%	1.23%	0.61%
CMCSA	B	1.71%	1.69%	1.69%
EIX	B	0.39%	1.31%	0.39%
KVUE	A	0.75%	1.04%	0.75%
LEN	D	0.46%	0.36%	0.36%
LOW	D	0.77%	1.06%	0.77%
MSFT	F	0.94%	6.98%	0.94%
TRV	B	0.6%	0.87%	0.6%
UNH	C	0.56%	1.72%	0.56%
UPS	C	1.15%	0.78%	0.78%
XOM	B	0.58%	2.88%	0.58%

RNDV Overweight 81 Positions Relative to FFLC

Symbol	Grade	Weight
HPQ	B	3.91%
IBM	C	3.57%
HPE	B	3.47%
VZ	C	3.4%
TXN	C	3.28%
GLW	B	3.05%
QCOM	F	2.43%
MCHP	D	2.41%
BEN	C	2.16%
IPG	D	2.14%
ACN	C	2.01%
ADI	D	1.81%
HAS	D	1.63%
CVS	D	1.57%
TROW	B	1.57%
BBY	D	1.55%
OMC	C	1.48%
PRU	A	1.43%
GPC	D	1.42%
NTRS	A	1.15%
MDT	D	1.11%
MTB	A	1.09%
JNJ	D	1.08%
PFG	D	1.05%
HD	A	1.02%
MCD	D	1.01%
GRMN	B	0.99%
MRK	F	0.92%
PM	B	0.91%
OKE	A	0.9%
KLAC	D	0.86%
CVX	A	0.85%
MET	A	0.85%
CINF	A	0.85%
CAG	D	0.8%
BLK	C	0.75%
DGX	A	0.74%
TSN	B	0.74%
CAH	B	0.73%
NKE	D	0.72%
PAYX	C	0.72%
ABT	B	0.72%
KMB	D	0.7%
HRL	D	0.69%
SNA	A	0.69%
CTRA	B	0.68%
CME	A	0.67%
EG	C	0.64%
SWK	D	0.62%
GIS	D	0.61%
CMI	A	0.6%
ITW	B	0.59%
K	A	0.58%
FAST	B	0.58%
AMCR	D	0.58%
EOG	A	0.58%
AFL	B	0.58%
CHRW	C	0.57%
EMR	A	0.56%
POOL	C	0.55%
BDX	F	0.55%
NSC	B	0.55%
UNP	C	0.54%
ADP	B	0.51%
LMT	D	0.5%
EVRG	A	0.48%
O	D	0.48%
LHX	C	0.48%
PNW	B	0.45%
FMC	D	0.45%
ES	D	0.43%
ETR	B	0.41%
MAA	B	0.4%
FRT	B	0.4%
EMN	D	0.4%
AEP	D	0.37%
ESS	B	0.36%
DLR	B	0.36%
APD	A	0.35%
CF	B	0.35%
AVB	B	0.32%

RNDV Underweight 73 Positions Relative to FFLC

Symbol	Grade	Weight
NVDA	C	-5.71%
META	D	-4.7%
AAPL	C	-4.26%
GOOGL	C	-3.2%
AMZN	C	-2.89%
BAC	A	-2.18%
AVGO	D	-1.98%
LLY	F	-1.85%
WFC	A	-1.82%
SO	D	-1.72%
GE	D	-1.61%
BSX	B	-1.35%
FI	A	-1.34%
V	A	-1.31%
TMO	F	-1.18%
SAP	B	-1.15%
CSCO	B	-1.1%
CEG	D	-1.06%
ETN	A	-1.02%
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%
GEV	B	-0.87%
MA	C	-0.85%
MOD	A	-0.84%
ALSN	B	-0.83%
RPRX	D	-0.76%
REGN	F	-0.75%
CB	C	-0.73%
BA	F	-0.72%
VRT	B	-0.66%
HRB	D	-0.64%
ELV	F	-0.63%
COST	B	-0.63%
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%
GD	F	-0.38%
GEN	B	-0.37%
COR	B	-0.37%
ABNB	C	-0.33%
GSK	F	-0.3%
HII	D	-0.29%
GILD	C	-0.27%
NOC	D	-0.25%
TMUS	B	-0.2%
LIN	D	-0.2%
MELI	D	-0.2%
DKS	C	-0.19%
SPR	D	-0.19%
ASML	F	-0.18%
SPG	B	-0.18%
IP	B	-0.18%
KBR	F	-0.17%
LNG	B	-0.03%
MRVL	B	-0.02%