SMH vs. FFLG ETF Comparison

Comparison of Market Vectors Semiconductor ETF (SMH) to Fidelity Fundamental Large Cap Growth ETF (FFLG)

SMH

Market Vectors Semiconductor ETF

SMH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Semiconductor 25 Index (the "Semiconductor Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Semiconductor Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$247.74

Average Daily Volume

8,944,078

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFLG

Fidelity Fundamental Large Cap Growth ETF

FFLG Description

FFLG seeks to achieve long-term capital growth by investing in large-cap companies believed to have above-average growth potential. The adviser generally defines large-caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Growth is measured based on factors such as earnings or revenue. 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 fund invests in both US and non-US companies. 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 Growth Opportunities ETF under the ticker FGRO. The fund previously used a semitransparent ETF structure

Grade (RS Rating)

Last Trade

$23.88

Average Daily Volume

45,976

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	SMH	FFLG
30 Days	2.84%	3.09%
60 Days	3.83%	5.70%
90 Days	-4.97%	1.09%
12 Months	71.70%	45.65%

8 Overlapping Holdings

Symbol	Grade	Weight in SMH	Weight in FFLG	Overlap
AMAT	D	4.04%	0.26%	0.26%
AMD	C	5.4%	1.93%	1.93%
AVGO	C	9.1%	0.04%	0.04%
MRVL	D	1.95%	0.8%	0.8%
NVDA	C	20.55%	7.82%	7.82%
NXPI	D	1.88%	1.81%	1.81%
ON	D	0.85%	1.9%	0.85%
TSM	C	14.32%	0.64%	0.64%

SMH Overweight 17 Positions Relative to FFLG

Symbol	Grade	Weight
TXN	B	5.1%
ASML	F	4.13%
ADI	C	4.06%
QCOM	D	3.91%
KLAC	D	3.64%
LRCX	D	3.6%
INTC	D	3.35%
MU	D	3.22%
SNPS	F	2.8%
CDNS	D	2.61%
MCHP	D	1.42%
MPWR	B	1.38%
STM	F	0.81%
TER	C	0.63%
SWKS	F	0.54%
OLED	D	0.36%
QRVO	F	0.34%

SMH Underweight 92 Positions Relative to FFLG

Symbol	Grade	Weight
MSFT	C	-10.56%
META	B	-5.36%
AMZN	C	-5.21%
GOOG	D	-4.66%
UBER	C	-3.45%
TMUS	B	-2.86%
GOOGL	D	-2.8%
ROKU	D	-2.65%
AAPL	C	-2.2%
UNH	C	-2.14%
BSX	B	-1.88%
SQ	D	-1.85%
FLEX	B	-1.84%
SE	B	-1.73%
V	C	-1.57%
GPN	D	-1.32%
LLY	D	-1.25%
VRT	C	-1.2%
LPLA	D	-1.04%
ADBE	F	-1.01%
FND	C	-0.97%
MDB	D	-0.92%
ORCL	B	-0.91%
HUM	F	-0.89%
MQ	F	-0.87%
SNAP	D	-0.87%
EPAM	F	-0.86%
NOW	C	-0.84%
CRM	C	-0.77%
BA	F	-0.74%
ZI	D	-0.68%
DT	C	-0.67%
CVNA	B	-0.66%
PCG	C	-0.64%
DDOG	D	-0.64%
MA	B	-0.59%
INTU	D	-0.58%
HUBS	D	-0.55%
CYTK	F	-0.55%
NFLX	B	-0.55%
PEN	D	-0.54%
DLO	F	-0.51%
CNC	D	-0.5%
CEG	C	-0.49%
JBL	C	-0.47%
AGL	F	-0.46%
TMDX	C	-0.46%
TMO	B	-0.42%
BJ	D	-0.4%
PCVX	C	-0.4%
LOW	B	-0.4%
DHR	B	-0.38%
AMT	C	-0.38%
INTA	C	-0.36%
AR	C	-0.34%
LYFT	D	-0.29%
MGNI	D	-0.29%
GFS	F	-0.28%
LITE	B	-0.26%
ACVA	C	-0.25%
DV	F	-0.23%
ARGX	B	-0.22%
OVV	F	-0.22%
CLDX	F	-0.22%
PANW	D	-0.19%
LULU	D	-0.17%
ETN	C	-0.17%
COHR	C	-0.16%
PSTG	F	-0.15%
BE	F	-0.14%
KO	B	-0.14%
APO	B	-0.12%
NUVL	D	-0.11%
MRNA	F	-0.1%
ACN	C	-0.1%
NVO	F	-0.1%
REGN	D	-0.1%
ALNY	C	-0.1%
CHTR	D	-0.09%
ZNTL	D	-0.08%
KROS	C	-0.07%
ALXO	F	-0.06%
SNOW	F	-0.06%
W	C	-0.05%
ANET	C	-0.05%
FSLR	C	-0.05%
VLTO	B	-0.04%
ARM	C	-0.03%
LEN	B	-0.02%
TSLA	C	-0.01%
ASND	C	-0.0%
ALHC	C	-0.0%