RUNN vs. FMAG ETF Comparison

Comparison of Running Oak Efficient Growth ETF (RUNN) to Fidelity Magellan ETF (FMAG)

RUNN

Running Oak Efficient Growth ETF

RUNN Description

The fund is in an actively managed exchange-traded fund ("ETF"). Under normal circumstances, the fund seeks to achieve its investment objective by investing primarily in exchange-traded equity securities of large and mid-sized U.S. companies with market capitalizations of at least $5 billion. The fund is roughly equally-weighted with 50-75 stocks typically held in the portfolio. The fund may invest up to 20% of net assets in non-U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.75

Average Daily Volume

42,347

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FMAG

Fidelity Magellan ETF

FMAG Description

The investment seeks long-term growth of capital. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. Instead, the fund publishes each business day on its website a Tracking Basket, which is designed to closely track the daily performance of the fund but is not the fund's actual portfolio. The fund normally invests primarily in equity securities. It invests in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.44

Average Daily Volume

62,574

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RUNN	FMAG
30 Days	2.63%	1.22%
60 Days	5.02%	3.24%
90 Days	6.99%	5.10%
12 Months	30.86%	35.59%

10 Overlapping Holdings

Symbol	Grade	Weight in RUNN	Weight in FMAG	Overlap
AJG	A	1.68%	1.25%	1.25%
AME	A	1.86%	1.14%	1.14%
BSX	A	1.82%	1.29%	1.29%
ETN	A	1.86%	1.33%	1.33%
GOOG	C	1.72%	1.6%	1.6%
IR	B	1.75%	0.16%	0.16%
MMC	B	1.64%	1.3%	1.3%
UNH	B	1.68%	2.31%	1.68%
V	A	1.82%	2.06%	1.82%
WSO	A	1.86%	1.14%	1.14%

RUNN Overweight 45 Positions Relative to FMAG

Symbol	Grade	Weight
HON	C	1.9%
J	D	1.86%
CW	C	1.86%
FDS	B	1.86%
PH	A	1.85%
PRI	B	1.85%
FI	A	1.85%
TXRH	B	1.84%
ITT	A	1.83%
GWW	B	1.83%
LDOS	C	1.83%
TDY	B	1.83%
EME	A	1.82%
RBA	A	1.82%
ADP	A	1.82%
BR	A	1.81%
SYK	B	1.8%
SAIA	B	1.79%
ACN	B	1.79%
BRO	B	1.78%
DRI	B	1.78%
NSC	B	1.77%
GD	D	1.76%
DECK	A	1.75%
RSG	A	1.74%
GGG	B	1.74%
FELE	B	1.74%
CACI	D	1.74%
APD	A	1.72%
CSL	C	1.72%
SSNC	B	1.71%
TSCO	D	1.71%
NVT	B	1.71%
TJX	A	1.71%
ROP	B	1.7%
TTC	C	1.68%
CI	D	1.67%
DOX	D	1.65%
STE	D	1.64%
BDX	F	1.63%
ICE	C	1.6%
AVY	F	1.59%
FCN	F	1.57%
IQV	F	1.55%
ICLR	D	1.52%

RUNN Underweight 47 Positions Relative to FMAG

Symbol	Grade	Weight
MSFT	D	-7.8%
NVDA	B	-7.21%
AMZN	C	-4.55%
META	D	-3.88%
GOOGL	C	-3.11%
AVGO	D	-3.01%
LLY	F	-2.51%
MA	B	-2.07%
COST	A	-1.87%
ORCL	A	-1.8%
GE	D	-1.61%
TMO	F	-1.6%
LIN	C	-1.55%
SPGI	C	-1.51%
INTU	B	-1.44%
AMAT	F	-1.43%
TDG	D	-1.42%
KLAC	F	-1.38%
DHR	F	-1.37%
ANET	C	-1.36%
TT	A	-1.34%
SHW	B	-1.34%
MCO	B	-1.33%
URI	C	-1.3%
HLT	A	-1.29%
LRCX	F	-1.28%
HEI	A	-1.26%
PWR	A	-1.24%
MSI	B	-1.24%
CTAS	B	-1.24%
HCA	F	-1.22%
MAR	A	-1.21%
WAB	B	-1.19%
SNPS	B	-1.19%
APH	A	-1.18%
CDNS	B	-1.17%
ORLY	B	-1.17%
AZO	C	-1.16%
IT	C	-1.15%
ARES	A	-1.15%
CPRT	B	-1.11%
MLM	C	-1.09%
VRSK	A	-1.09%
VMC	B	-1.08%
WCN	A	-1.03%
NVO	F	-1.02%
COR	B	-0.86%