RWL vs. FELC ETF Comparison

Comparison of RevenueShares Large Cap ETF (RWL) to Fidelity Enhanced Large Cap Core ETF (FELC)

RWL

RevenueShares Large Cap ETF

RWL Description

The investment seeks to outperform the total return performance of the S&P 500 Index, the fund's benchmark index. The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Large Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of large capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$103.10

Average Daily Volume

135,430

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

FELC

Fidelity Enhanced Large Cap Core ETF

FELC Description

The fund will normally invest at least 80% of assets in common stocks included in the S&P 500® Index, which is a market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$33.43

Average Daily Volume

581,796

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	RWL	FELC
30 Days	4.90%	3.27%
60 Days	5.46%	5.09%
90 Days	7.07%	6.09%
12 Months	29.24%	33.74%

136 Overlapping Holdings

Symbol	Grade	Weight in RWL	Weight in FELC	Overlap
A	D	0.03%	0.03%	0.03%
AAPL	C	2.19%	7.38%	2.19%
ABBV	D	0.26%	1.02%	0.26%
ABT	B	0.22%	0.56%	0.22%
ADBE	C	0.1%	0.94%	0.1%
ADP	B	0.11%	0.2%	0.11%
AES	F	0.05%	0.01%	0.01%
ALLE	D	0.02%	0.33%	0.02%
AMAT	F	0.13%	0.68%	0.13%
AMGN	D	0.15%	0.33%	0.15%
AMT	D	0.05%	0.24%	0.05%
AMZN	C	3.63%	3.93%	3.63%
ANET	C	0.04%	0.11%	0.04%
AON	A	0.09%	0.35%	0.09%
AVGO	D	0.25%	1.72%	0.25%
AXP	A	0.44%	0.31%	0.31%
BAC	A	1.25%	1.2%	1.2%
BDX	F	0.1%	0.62%	0.1%
BIIB	F	0.04%	0.1%	0.04%
BK	A	0.24%	0.11%	0.11%
BKNG	A	0.16%	0.13%	0.13%
BMY	B	0.3%	0.75%	0.3%
BRK.A	B	2.14%	2.25%	2.14%
C	A	1.1%	0.02%	0.02%
CAH	B	1.33%	0.31%	0.31%
CAT	B	0.4%	0.57%	0.4%
CCL	B	0.19%	0.26%	0.19%
CI	F	1.06%	0.63%	0.63%
CL	D	0.1%	0.47%	0.1%
CLX	B	0.04%	0.11%	0.04%
CMCSA	B	0.73%	0.86%	0.73%
CME	A	0.03%	0.5%	0.03%
CMG	B	0.06%	0.35%	0.06%
COST	B	1.42%	0.31%	0.31%
CRM	B	0.26%	1.15%	0.26%
CSCO	B	0.34%	0.66%	0.34%
CSX	B	0.08%	0.54%	0.08%
CTAS	B	0.06%	0.69%	0.06%
CVS	D	1.97%	0.25%	0.25%
CVX	A	1.25%	0.01%	0.01%
DHI	D	0.17%	0.06%	0.06%
DIS	B	0.63%	0.65%	0.63%
DVN	F	0.08%	0.53%	0.08%
ECL	D	0.08%	0.63%	0.08%
ED	D	0.08%	0.15%	0.08%
EOG	A	0.15%	0.54%	0.15%
F	C	1.0%	0.11%	0.11%
FTNT	C	0.04%	0.15%	0.04%
GE	D	0.21%	0.39%	0.21%
GEHC	F	0.1%	0.04%	0.04%
GILD	C	0.16%	0.74%	0.16%
GL	B	0.03%	0.21%	0.03%
GOOG	C	1.01%	1.9%	1.01%
GOOGL	C	1.01%	2.05%	1.01%
GPN	B	0.06%	0.02%	0.02%
GRMN	B	0.04%	0.22%	0.04%
GS	A	0.81%	0.15%	0.15%
HD	A	0.88%	1.29%	0.88%
HWM	A	0.05%	0.1%	0.05%
IDXX	F	0.02%	0.22%	0.02%
INCY	C	0.02%	0.28%	0.02%
JNJ	D	0.44%	0.74%	0.44%
JPM	A	1.74%	1.94%	1.74%
KLAC	D	0.04%	0.63%	0.04%
KR	B	0.86%	0.03%	0.03%
LDOS	C	0.09%	0.24%	0.09%
LHX	C	0.12%	0.21%	0.12%
LLY	F	0.18%	0.76%	0.18%
LMT	D	0.37%	0.71%	0.37%
LRCX	F	0.07%	0.44%	0.07%
MA	C	0.15%	1.36%	0.15%
MCK	B	2.08%	0.06%	0.06%
META	D	0.89%	2.89%	0.89%
MGM	D	0.1%	0.3%	0.1%
MMC	B	0.13%	0.29%	0.13%
MMM	D	0.13%	0.13%	0.13%
MRK	F	0.29%	0.99%	0.29%
MS	A	0.76%	0.31%	0.31%
MSCI	C	0.02%	0.33%	0.02%
MSFT	F	1.31%	5.68%	1.31%
MSI	B	0.06%	0.5%	0.06%
MU	D	0.13%	0.66%	0.13%
NEE	D	0.12%	0.84%	0.12%
NFLX	A	0.25%	1.3%	0.25%
NOC	D	0.21%	0.6%	0.21%
NOW	A	0.06%	0.55%	0.06%
NRG	B	0.19%	0.11%	0.11%
NSC	B	0.07%	0.38%	0.07%
NUE	C	0.19%	0.2%	0.19%
NVDA	C	0.65%	7.39%	0.65%
ORCL	B	0.35%	0.05%	0.05%
OXY	D	0.15%	0.19%	0.15%
PCAR	B	0.22%	0.52%	0.22%
PEP	F	0.46%	0.05%	0.05%
PFE	D	0.26%	0.42%	0.26%
PG	A	0.46%	0.72%	0.46%
PGR	A	0.38%	0.74%	0.38%
PM	B	0.21%	0.94%	0.21%
PNC	B	0.21%	0.12%	0.12%
PPG	F	0.1%	0.3%	0.1%
PSA	D	0.02%	0.09%	0.02%
PYPL	B	0.21%	0.34%	0.21%
QCOM	F	0.19%	0.88%	0.19%
QRVO	F	0.01%	0.12%	0.01%
ROST	C	0.1%	0.04%	0.04%
RSG	A	0.09%	0.24%	0.09%
RTX	C	0.4%	0.7%	0.4%
SCHW	B	0.18%	0.8%	0.18%
SOLV	C	0.04%	0.09%	0.04%
SPG	B	0.04%	0.59%	0.04%
SPGI	C	0.07%	0.31%	0.07%
STLD	B	0.13%	0.06%	0.06%
SWKS	F	0.02%	0.03%	0.02%
SYK	C	0.12%	0.03%	0.03%
T	A	0.71%	0.73%	0.71%
TJX	A	0.31%	0.59%	0.31%
TMO	F	0.2%	0.33%	0.2%
TMUS	B	0.51%	0.31%	0.31%
TROW	B	0.04%	0.31%	0.04%
TRV	B	0.26%	0.43%	0.26%
TSLA	B	0.78%	1.31%	0.78%
TT	A	0.12%	0.52%	0.12%
TXT	D	0.07%	0.52%	0.07%
UBER	D	0.21%	0.14%	0.14%
UNH	C	2.14%	0.57%	0.57%
UNP	C	0.12%	0.76%	0.12%
V	A	0.21%	0.82%	0.21%
VST	B	0.15%	0.12%	0.12%
VZ	C	0.71%	0.06%	0.06%
WBD	C	0.26%	0.01%	0.01%
WFC	A	0.95%	0.1%	0.1%
WM	A	0.12%	0.32%	0.12%
WMT	A	3.97%	1.14%	1.14%
WTW	B	0.06%	0.14%	0.06%
XOM	B	2.04%	1.56%	1.56%
ZBRA	B	0.03%	0.06%	0.03%

RWL Overweight 363 Positions Relative to FELC

Symbol	Grade	Weight
COR	B	1.59%
GM	B	1.17%
PSX	C	0.87%
VLO	C	0.81%
MPC	D	0.8%
WBA	F	0.72%
CNC	D	0.68%
ELV	F	0.68%
DELL	C	0.59%
UAL	A	0.58%
HUM	C	0.57%
UPS	C	0.51%
FDX	B	0.49%
TGT	F	0.48%
LOW	D	0.48%
DAL	C	0.47%
ADM	D	0.43%
SYY	B	0.42%
MET	A	0.41%
BA	F	0.38%
INTC	D	0.37%
COF	B	0.37%
PRU	A	0.36%
ACN	C	0.36%
CHTR	C	0.35%
ALL	A	0.35%
COP	C	0.34%
IBM	C	0.34%
DE	A	0.32%
HCA	F	0.32%
HPQ	B	0.32%
TSN	B	0.3%
CB	C	0.29%
BG	F	0.28%
GEV	B	0.27%
USB	A	0.26%
NKE	D	0.26%
AIG	B	0.24%
KO	D	0.23%
GD	F	0.23%
HON	B	0.23%
CMI	A	0.22%
BBY	D	0.21%
DOW	F	0.21%
SLB	C	0.21%
HPE	B	0.2%
BKR	B	0.2%
LYB	F	0.2%
SBUX	A	0.2%
JBL	B	0.2%
CBRE	B	0.2%
DG	F	0.19%
LEN	D	0.18%
LYV	A	0.18%
MDT	D	0.17%
MOH	F	0.17%
MDLZ	F	0.17%
JCI	C	0.17%
LIN	D	0.17%
ETN	A	0.16%
TFC	A	0.16%
DUK	C	0.16%
PARA	C	0.16%
KKR	A	0.16%
MAR	B	0.16%
DFS	B	0.16%
LUV	C	0.16%
PCG	A	0.15%
CEG	D	0.15%
PWR	A	0.15%
SYF	B	0.15%
DLTR	F	0.15%
FI	A	0.14%
FCX	D	0.14%
MCD	D	0.14%
KMX	B	0.14%
SO	D	0.14%
HAL	C	0.14%
HIG	B	0.14%
SHW	A	0.13%
KHC	F	0.13%
CARR	D	0.13%
PH	A	0.13%
OKE	A	0.13%
SW	A	0.13%
AMD	F	0.12%
DHR	F	0.12%
MO	A	0.12%
EMR	A	0.12%
RCL	A	0.12%
AMP	A	0.12%
EXC	C	0.12%
STT	A	0.12%
TRGP	B	0.12%
BLK	C	0.12%
IP	B	0.12%
KMB	D	0.11%
CTSH	B	0.11%
AFL	B	0.11%
RJF	A	0.11%
GWW	B	0.11%
KMI	A	0.11%
GPC	D	0.11%
EXPE	B	0.1%
CTVA	C	0.1%
AZO	C	0.1%
NTRS	A	0.1%
L	A	0.1%
AEP	D	0.1%
CHRW	C	0.1%
PHM	D	0.09%
J	F	0.09%
KVUE	A	0.09%
EG	C	0.09%
TXN	C	0.09%
PFG	D	0.09%
BLDR	D	0.09%
INTU	C	0.09%
BSX	B	0.09%
MTB	A	0.09%
URI	B	0.09%
CDW	F	0.09%
EIX	B	0.09%
ITW	B	0.09%
VTRS	A	0.09%
ORLY	B	0.09%
GIS	D	0.09%
GLW	B	0.08%
HBAN	A	0.08%
APD	A	0.08%
TSCO	D	0.08%
D	C	0.08%
HES	B	0.08%
LVS	C	0.08%
ETR	B	0.08%
CFG	B	0.08%
FITB	A	0.08%
SRE	A	0.08%
BWA	D	0.08%
APH	A	0.08%
OMC	C	0.08%
OTIS	C	0.08%
XEL	A	0.08%
APTV	D	0.08%
CINF	A	0.07%
EL	F	0.07%
ABNB	C	0.07%
DD	D	0.07%
NCLH	B	0.07%
BAX	D	0.07%
IQV	D	0.07%
DVA	B	0.07%
FE	C	0.07%
HLT	A	0.07%
NXPI	D	0.07%
KEY	B	0.07%
UHS	D	0.07%
WDC	D	0.07%
KDP	D	0.07%
AMCR	D	0.07%
ACGL	D	0.07%
BX	A	0.07%
HSIC	B	0.07%
TAP	C	0.07%
SWK	D	0.07%
LKQ	D	0.07%
AIZ	A	0.07%
JBHT	C	0.07%
WMB	A	0.07%
WRB	A	0.07%
LH	C	0.07%
K	A	0.07%
IPG	D	0.06%
ICE	C	0.06%
FIS	C	0.06%
CAG	D	0.06%
ULTA	F	0.06%
ES	D	0.06%
PEG	A	0.06%
AJG	B	0.06%
RF	A	0.06%
CZR	F	0.06%
HRL	D	0.06%
LULU	C	0.06%
DRI	B	0.06%
BALL	D	0.06%
WAB	B	0.06%
MOS	F	0.06%
DTE	C	0.06%
NEM	D	0.06%
FOX	A	0.05%
CPB	D	0.05%
WYNN	D	0.05%
APA	D	0.05%
EA	A	0.05%
ISRG	A	0.05%
SMCI	F	0.05%
HII	D	0.05%
TPR	B	0.05%
FAST	B	0.05%
PPL	B	0.05%
REGN	F	0.05%
EQIX	A	0.05%
VMC	B	0.05%
WEC	A	0.05%
BEN	C	0.05%
EMN	D	0.05%
EXPD	D	0.05%
PANW	C	0.05%
ADI	D	0.05%
DOV	A	0.05%
PKG	A	0.05%
ALB	C	0.05%
ROK	B	0.05%
MHK	D	0.05%
NVR	D	0.05%
HSY	F	0.05%
VRTX	F	0.05%
STZ	D	0.05%
CNP	B	0.05%
IFF	D	0.05%
FANG	D	0.05%
DGX	A	0.05%
EBAY	D	0.05%
DLR	B	0.04%
CTRA	B	0.04%
EQT	B	0.04%
CHD	B	0.04%
MCO	B	0.04%
SNA	A	0.04%
TTWO	A	0.04%
ROP	B	0.04%
ODFL	B	0.04%
CF	B	0.04%
NTAP	C	0.04%
ADSK	A	0.04%
PLD	D	0.04%
BR	A	0.04%
SNPS	B	0.04%
YUM	B	0.04%
WY	D	0.04%
NDAQ	A	0.04%
CMS	C	0.04%
MRO	B	0.04%
TDG	D	0.04%
ON	D	0.04%
MLM	B	0.04%
RL	B	0.04%
WELL	A	0.04%
MAS	D	0.04%
LW	C	0.04%
AVY	D	0.04%
ZBH	C	0.04%
MNST	C	0.04%
XYL	D	0.04%
AEE	A	0.04%
SJM	D	0.04%
AME	A	0.04%
IR	B	0.04%
FOXA	B	0.04%
ZTS	D	0.04%
RMD	C	0.03%
CPAY	A	0.03%
TRMB	B	0.03%
VTR	C	0.03%
PNR	A	0.03%
CPRT	A	0.03%
CDNS	B	0.03%
STE	F	0.03%
JNPR	F	0.03%
CRWD	B	0.03%
BRO	B	0.03%
VLTO	D	0.03%
PNW	B	0.03%
DECK	A	0.03%
DPZ	C	0.03%
GNRC	B	0.03%
EPAM	C	0.03%
POOL	C	0.03%
HST	C	0.03%
GDDY	A	0.03%
PAYX	C	0.03%
MCHP	D	0.03%
KEYS	A	0.03%
NWSA	B	0.03%
NI	A	0.03%
IRM	D	0.03%
CCI	D	0.03%
NWS	B	0.03%
EVRG	A	0.03%
EW	C	0.03%
TDY	B	0.03%
HUBB	B	0.03%
MKC	D	0.03%
IT	C	0.03%
CE	F	0.03%
IVZ	B	0.03%
STX	D	0.03%
FTV	C	0.03%
MRNA	F	0.02%
EQR	B	0.02%
AVB	B	0.02%
ERIE	D	0.02%
VRSK	A	0.02%
EXR	D	0.02%
WST	C	0.02%
AXON	A	0.02%
MTCH	D	0.02%
FSLR	F	0.02%
MTD	D	0.02%
WAT	B	0.02%
ROL	B	0.02%
FFIV	B	0.02%
BXP	D	0.02%
AKAM	D	0.02%
AOS	F	0.02%
VICI	C	0.02%
IEX	B	0.02%
ALGN	D	0.02%
FMC	D	0.02%
CBOE	B	0.02%
HOLX	D	0.02%
CRL	C	0.02%
AWK	D	0.02%
HAS	D	0.02%
LNT	A	0.02%
GEN	B	0.02%
DXCM	D	0.02%
O	D	0.02%
CTLT	B	0.02%
PLTR	B	0.02%
EFX	F	0.02%
ATO	A	0.02%
TECH	D	0.01%
FRT	B	0.01%
MPWR	F	0.01%
REG	B	0.01%
CPT	B	0.01%
VRSN	F	0.01%
UDR	B	0.01%
ESS	B	0.01%
FICO	B	0.01%
KIM	A	0.01%
TYL	B	0.01%
MAA	B	0.01%
DAY	B	0.01%
PODD	C	0.01%
TER	D	0.01%
JKHY	D	0.01%
PAYC	B	0.01%
DOC	D	0.01%
TFX	F	0.01%
FDS	B	0.01%
INVH	D	0.01%
PTC	A	0.01%
SBAC	D	0.01%
RVTY	F	0.01%
ANSS	B	0.01%
ARE	D	0.01%
CSGP	D	0.01%
NDSN	B	0.01%
MKTX	D	0.0%
ENPH	F	0.0%

RWL Underweight 34 Positions Relative to FELC

Symbol	Grade	Weight
SQ	B	-0.58%
CVNA	B	-0.55%
DBX	B	-0.52%
ZM	B	-0.51%
IGT	F	-0.46%
EXEL	B	-0.45%
ANF	C	-0.42%
CACI	D	-0.4%
SSNC	B	-0.38%
TDC	D	-0.37%
SEIC	B	-0.3%
SKYW	B	-0.23%
GAP	C	-0.22%
LYFT	C	-0.21%
MEDP	D	-0.21%
ALRM	C	-0.2%
DASH	A	-0.18%
WDAY	B	-0.16%
TWLO	A	-0.13%
UNM	A	-0.12%
NBIX	C	-0.11%
BLD	D	-0.11%
LNW	D	-0.11%
BBWI	D	-0.11%
PEGA	A	-0.1%
VEEV	C	-0.08%
MKL	A	-0.08%
FR	C	-0.08%
AXTA	A	-0.05%
SCCO	F	-0.05%
PLTK	B	-0.04%
CRUS	D	-0.03%
LPLA	A	-0.03%
DOCU	A	-0.02%