SMIZ vs. FESM ETF Comparison

Comparison of Zacks Small/Mid Cap ETF (SMIZ) to Fidelity Enhanced Small Cap ETF (FESM)

SMIZ

Zacks Small/Mid Cap ETF

SMIZ Description

The fund seeks to generate positive risk-adjusted returns (positive rate of return after adjustment for the amount of risk taken) by, under normal circumstances, investing at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of small and midsize companies listed on U.S. stock exchanges or derivatives linked to such securities.

Grade (RS Rating)

Last Trade

$35.78

Average Daily Volume

15,588

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

FESM

Fidelity Enhanced Small Cap ETF

FESM Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 2000® Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap segment of the U.S. equity market. 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

$34.59

Average Daily Volume

123,580

Number of Holdings ^*

562

* may have additional holdings in another (foreign) market

Performance

Period	SMIZ	FESM
30 Days	6.77%	7.42%
60 Days	8.62%	7.32%
90 Days	10.36%	8.30%
12 Months	37.44%	39.28%

53 Overlapping Holdings

Symbol	Grade	Weight in SMIZ	Weight in FESM	Overlap
ADMA	B	1.05%	0.11%	0.11%
AEO	F	0.13%	0.5%	0.13%
ALKS	C	0.46%	0.21%	0.21%
ALTR	B	0.5%	0.1%	0.1%
ALX	D	0.79%	0.04%	0.04%
ANF	F	0.54%	0.74%	0.54%
AOSL	C	0.35%	0.04%	0.04%
ARVN	F	0.55%	0.06%	0.06%
BMI	B	0.65%	0.4%	0.4%
BSRR	B	0.63%	0.08%	0.08%
COUR	F	0.12%	0.04%	0.04%
CPF	B	0.19%	0.23%	0.19%
CRS	B	0.36%	0.81%	0.36%
CWCO	C	0.16%	0.03%	0.03%
EME	A	1.73%	0.55%	0.55%
FISI	B	0.92%	0.07%	0.07%
FIX	A	0.6%	0.55%	0.55%
FLR	B	0.48%	0.5%	0.48%
FULT	A	0.89%	0.19%	0.19%
HAE	C	0.31%	0.14%	0.14%
HCAT	D	0.41%	0.11%	0.11%
HL	D	0.2%	0.19%	0.19%
HQY	A	0.57%	0.24%	0.24%
HRTX	F	0.09%	0.04%	0.04%
HSTM	B	0.3%	0.2%	0.2%
HY	D	0.36%	0.18%	0.18%
ICFI	F	0.5%	0.04%	0.04%
KBH	D	0.36%	0.2%	0.2%
KREF	C	0.54%	0.12%	0.12%
KRYS	C	0.38%	0.11%	0.11%
MATX	C	0.54%	0.32%	0.32%
MCY	A	1.06%	0.03%	0.03%
MEDP	D	0.71%	0.07%	0.07%
MHO	D	0.44%	0.59%	0.44%
NPAB	F	0.8%	0.04%	0.04%
OPCH	D	0.21%	0.14%	0.14%
PCVX	D	0.26%	0.36%	0.26%
PHR	F	0.19%	0.29%	0.19%
QLYS	B	0.34%	0.56%	0.34%
RDFN	D	0.32%	0.1%	0.1%
RMBS	B	0.72%	0.19%	0.19%
SLVM	B	1.01%	0.18%	0.18%
SPCE	D	0.04%	0.01%	0.01%
SPSC	D	0.36%	0.72%	0.36%
SPT	C	0.46%	0.08%	0.08%
STNE	F	0.19%	0.03%	0.03%
TMHC	C	0.71%	0.47%	0.47%
URBN	C	0.35%	0.08%	0.08%
VCYT	B	0.36%	0.15%	0.15%
WEAV	C	0.47%	0.07%	0.07%
WTS	B	0.59%	0.39%	0.39%
YEXT	B	0.64%	0.28%	0.28%
ZUO	B	0.68%	0.2%	0.2%

SMIZ Overweight 136 Positions Relative to FESM

Symbol	Grade	Weight
BRBR	A	1.19%
PRA	C	1.12%
PODD	C	1.05%
NTRS	A	1.04%
ENR	B	1.01%
CBSH	B	0.96%
SNV	C	0.96%
COFS	A	0.95%
MUSA	B	0.94%
KW	C	0.92%
ANET	C	0.91%
NTAP	C	0.9%
DDOG	A	0.9%
RYAN	A	0.88%
FLS	B	0.86%
LRN	A	0.84%
MCK	A	0.84%
LNG	A	0.84%
TROW	B	0.81%
GWRE	A	0.79%
PRM	C	0.79%
WMB	A	0.78%
ICUI	D	0.76%
CBAN	B	0.76%
TOL	B	0.76%
NRIM	A	0.74%
AXTA	B	0.73%
AYI	B	0.71%
PK	C	0.69%
IBKR	A	0.69%
HHH	B	0.69%
CEG	C	0.68%
NI	A	0.67%
CHCO	B	0.65%
RCL	A	0.65%
IR	B	0.62%
SOFI	B	0.62%
VMI	B	0.61%
CINF	A	0.61%
OHI	C	0.6%
TTWO	A	0.59%
VECO	F	0.58%
GLW	B	0.57%
HUBB	B	0.57%
HIG	B	0.57%
VST	A	0.57%
TWLO	A	0.57%
BMRC	B	0.57%
NCLH	B	0.56%
ALRS	D	0.55%
JHG	B	0.55%
EIX	B	0.54%
APH	A	0.54%
UAL	A	0.53%
PHM	D	0.51%
LDOS	C	0.5%
WING	D	0.5%
MASI	B	0.49%
IRDM	D	0.49%
UNM	A	0.49%
COIN	C	0.49%
ZBRA	B	0.49%
PRI	B	0.48%
BAH	F	0.47%
CMTG	F	0.46%
RMD	C	0.45%
SIRI	C	0.44%
JANX	C	0.44%
CHRW	B	0.43%
UIS	B	0.43%
NWPX	A	0.43%
TAP	C	0.43%
ITT	A	0.43%
WAB	B	0.43%
DUOL	A	0.42%
TXT	D	0.41%
CSL	C	0.4%
GTLB	B	0.4%
POWL	C	0.4%
BTU	B	0.39%
TSN	B	0.38%
EXPD	C	0.38%
ILMN	C	0.38%
CARG	B	0.38%
AGNC	C	0.37%
APPF	B	0.37%
THC	D	0.36%
DRI	B	0.36%
HOLX	D	0.36%
FTNT	C	0.35%
GAP	C	0.35%
OKTA	C	0.34%
GRBK	D	0.34%
KKR	A	0.34%
CBOE	C	0.33%
DOCU	B	0.33%
ROST	D	0.32%
UI	B	0.32%
ACGL	C	0.32%
OMC	C	0.32%
RIOT	C	0.31%
LHX	C	0.3%
CCS	D	0.3%
COOP	B	0.29%
ALLO	F	0.29%
UHS	D	0.28%
FSLY	D	0.28%
RBB	B	0.28%
HRB	D	0.27%
MGM	D	0.27%
WMS	F	0.26%
EPC	F	0.26%
MTG	C	0.26%
EVTC	B	0.25%
GNTY	A	0.24%
AZEK	A	0.24%
INSP	D	0.24%
WASH	C	0.23%
NYT	D	0.23%
EVER	D	0.23%
IRM	C	0.22%
KMPR	A	0.22%
ZM	C	0.22%
BRO	B	0.21%
PARR	F	0.21%
AIZ	A	0.21%
SN	D	0.2%
POST	C	0.19%
TMDX	F	0.19%
EXAS	D	0.19%
AXS	A	0.17%
DFH	D	0.17%
BMRN	F	0.16%
AFL	B	0.14%
STKS	F	0.12%
RUN	F	0.08%

SMIZ Underweight 509 Positions Relative to FESM

Symbol	Grade	Weight
SFM	A	-0.97%
LUMN	C	-0.86%
QTWO	A	-0.8%
CVLT	B	-0.77%
FN	C	-0.74%
SKYW	C	-0.69%
BGC	C	-0.66%
PAYO	A	-0.65%
JXN	C	-0.64%
ENS	F	-0.61%
MWA	B	-0.6%
CSGS	B	-0.59%
YELP	C	-0.58%
CRGY	B	-0.58%
COMP	B	-0.58%
IBP	D	-0.57%
NWBI	B	-0.57%
MTX	B	-0.56%
CVNA	B	-0.55%
EXLS	B	-0.54%
PRG	C	-0.54%
HWKN	B	-0.53%
OUT	A	-0.53%
LKFN	C	-0.52%
FUL	F	-0.52%
WT	A	-0.51%
MTDR	B	-0.51%
VMEO	B	-0.51%
LMND	B	-0.51%
FHI	B	-0.5%
UPBD	B	-0.5%
AIR	B	-0.49%
IGT	F	-0.49%
MXL	C	-0.48%
AIT	B	-0.47%
ITRI	C	-0.47%
REZI	A	-0.46%
LANC	C	-0.45%
SIGI	C	-0.44%
CODI	B	-0.44%
BANF	B	-0.43%
INSM	C	-0.42%
BHE	C	-0.41%
MMSI	A	-0.4%
GT	C	-0.39%
CMPR	D	-0.39%
AROC	A	-0.39%
SANM	B	-0.39%
APOG	C	-0.38%
ACA	A	-0.37%
UCTT	D	-0.37%
CBU	B	-0.37%
AAT	B	-0.36%
CRDO	B	-0.36%
BAND	B	-0.36%
ABCB	B	-0.36%
TENB	C	-0.36%
GH	B	-0.35%
CNMD	C	-0.35%
CECO	B	-0.35%
FFIN	B	-0.35%
VICR	C	-0.35%
UMBF	B	-0.34%
TPH	D	-0.34%
TEX	F	-0.34%
PECO	A	-0.34%
ESRT	C	-0.34%
BBSI	B	-0.33%
GNW	A	-0.33%
NMIH	C	-0.33%
YOU	D	-0.32%
SF	B	-0.32%
SXT	C	-0.32%
ATI	C	-0.32%
ABM	B	-0.32%
STEP	C	-0.32%
COKE	C	-0.32%
PFS	B	-0.31%
EQC	B	-0.31%
SWX	B	-0.31%
KAR	B	-0.31%
KTOS	B	-0.31%
NJR	A	-0.3%
MTH	D	-0.3%
AWR	B	-0.3%
WOOF	D	-0.3%
GFF	A	-0.3%
VREX	B	-0.29%
EGHT	B	-0.29%
AX	B	-0.29%
BDC	C	-0.29%
TRNO	F	-0.28%
LNW	F	-0.28%
SXC	A	-0.28%
WK	B	-0.28%
FBP	C	-0.28%
CNO	B	-0.27%
RVMD	C	-0.26%
PRGS	A	-0.26%
TRN	B	-0.26%
CEIX	A	-0.25%
PLPC	B	-0.25%
CDP	C	-0.25%
HP	C	-0.25%
MOG.A	B	-0.25%
SNEX	B	-0.25%
PDFS	C	-0.24%
BCO	F	-0.24%
PSN	D	-0.24%
NBR	C	-0.24%
SHAK	C	-0.23%
PLXS	B	-0.23%
EPAC	C	-0.23%
EZPW	B	-0.23%
CORT	B	-0.23%
BUSE	B	-0.23%
MRTN	D	-0.23%
HLX	B	-0.23%
RNST	B	-0.22%
PLAB	C	-0.22%
CRC	A	-0.22%
COMM	D	-0.22%
CALM	A	-0.22%
HWC	B	-0.22%
CRAI	C	-0.22%
GEO	B	-0.22%
MAC	B	-0.22%
AORT	B	-0.22%
TILE	B	-0.22%
ROCK	C	-0.21%
WABC	B	-0.21%
AXGN	C	-0.21%
RNA	C	-0.21%
PBH	A	-0.21%
HALO	F	-0.21%
SJW	F	-0.21%
HURN	C	-0.21%
OI	C	-0.21%
AXL	C	-0.21%
CTRE	C	-0.2%
HNI	B	-0.2%
BL	B	-0.2%
CWT	C	-0.2%
PBI	B	-0.19%
TNC	D	-0.19%
MUR	D	-0.19%
SMTC	B	-0.19%
UBSI	B	-0.19%
PD	C	-0.18%
SBH	C	-0.18%
PJT	A	-0.18%
CADE	B	-0.18%
FRME	B	-0.18%
PRO	C	-0.18%
SFBS	C	-0.18%
XRX	F	-0.18%
BVS	D	-0.18%
AVNS	F	-0.18%
CNXN	C	-0.18%
VRE	B	-0.18%
ARLO	C	-0.17%
IRTC	C	-0.17%
CSWI	B	-0.17%
PRK	B	-0.17%
DCO	C	-0.17%
TDS	B	-0.17%
PTCT	B	-0.17%
LMB	B	-0.17%
FLNC	D	-0.17%
INTA	B	-0.17%
TVTX	C	-0.16%
RYTM	C	-0.16%
EWTX	C	-0.16%
EXPI	D	-0.16%
BOH	B	-0.16%
BCC	B	-0.16%
DXPE	C	-0.16%
ALRM	C	-0.16%
BPMC	B	-0.16%
CYTK	F	-0.16%
DOMO	B	-0.15%
STNG	F	-0.15%
WSBC	B	-0.15%
MDGL	B	-0.15%
DY	D	-0.15%
NFBK	C	-0.15%
AMSF	B	-0.15%
TRTX	C	-0.15%
SAH	C	-0.15%
OFG	B	-0.15%
CPS	C	-0.15%
GHC	B	-0.14%
CPRX	C	-0.14%
AGIO	C	-0.14%
NRIX	C	-0.14%
ETD	C	-0.14%
WKC	C	-0.14%
FLXS	B	-0.14%
TWST	F	-0.14%
VRTS	B	-0.14%
UCB	A	-0.14%
FOLD	F	-0.14%
CNK	C	-0.14%
SRRK	C	-0.13%
ATRC	C	-0.13%
WSR	A	-0.13%
WS	C	-0.13%
CRNX	C	-0.13%
KNF	B	-0.13%
EXTR	C	-0.13%
SRCE	B	-0.13%
SLG	B	-0.13%
BRC	D	-0.12%
ZEUS	C	-0.12%
DK	C	-0.12%
TRUP	B	-0.12%
REPX	A	-0.12%
AMRX	C	-0.12%
AMSC	B	-0.12%
FORM	D	-0.12%
CHX	C	-0.11%
ACAD	C	-0.11%
SKT	A	-0.11%
DYN	F	-0.11%
OTTR	C	-0.11%
CDNA	D	-0.11%
HCI	C	-0.11%
LYTS	B	-0.11%
UNIT	B	-0.11%
EAT	A	-0.11%
DIOD	D	-0.1%
ALE	A	-0.1%
LADR	B	-0.1%
TRUE	C	-0.1%
OSCR	D	-0.1%
AMPH	F	-0.1%
NGVC	A	-0.1%
GKOS	B	-0.1%
INDB	B	-0.1%
FFBC	B	-0.1%
GMRE	F	-0.1%
AUB	B	-0.1%
ADUS	D	-0.1%
VTOL	B	-0.1%
BCRX	D	-0.1%
KURA	F	-0.1%
TGTX	B	-0.09%
VBTX	B	-0.09%
EBS	C	-0.09%
ADPT	C	-0.09%
AMBA	B	-0.09%
AMAL	B	-0.09%
LGND	C	-0.09%
ODP	F	-0.09%
HLIT	D	-0.09%
RXRX	F	-0.09%
BCPC	B	-0.09%
MYGN	F	-0.09%
AGS	A	-0.09%
AUR	C	-0.09%
ARQT	B	-0.09%
ARAY	C	-0.08%
PRLB	B	-0.08%
ANIP	F	-0.08%
FTDR	B	-0.08%
FDP	B	-0.08%
SGMO	C	-0.08%
CDMO	A	-0.08%
DEA	D	-0.08%
PCRX	C	-0.08%
EGP	D	-0.08%
KTB	B	-0.08%
TDOC	C	-0.08%
CATY	B	-0.08%
LTH	C	-0.08%
PTGX	D	-0.08%
AIN	C	-0.08%
MTRN	C	-0.08%
RUSHA	C	-0.08%
TCMD	B	-0.08%
AKBA	C	-0.08%
WVE	C	-0.08%
SSTK	F	-0.08%
FSS	B	-0.08%
MRC	B	-0.08%
SCS	C	-0.08%
PACB	F	-0.08%
LUNR	B	-0.07%
LNTH	D	-0.07%
LIVN	F	-0.07%
CTKB	C	-0.07%
KE	C	-0.07%
NVAX	F	-0.07%
ORIC	F	-0.07%
KOD	B	-0.07%
HBI	B	-0.07%
JAMF	F	-0.07%
NBTB	B	-0.07%
HRTG	C	-0.07%
AXSM	B	-0.07%
PGC	B	-0.07%
SEM	B	-0.07%
LGF.A	C	-0.07%
IRWD	F	-0.07%
MYE	F	-0.07%
OPEN	F	-0.07%
NUVB	C	-0.07%
ATNI	F	-0.07%
PL	B	-0.07%
CTBI	B	-0.07%
THR	B	-0.07%
DNLI	D	-0.07%
WSBF	C	-0.07%
REPL	D	-0.07%
BLKB	B	-0.07%
CDE	C	-0.07%
WMK	C	-0.07%
BSIG	A	-0.07%
COLL	F	-0.07%
BBIO	F	-0.07%
ANNX	F	-0.06%
ERAS	C	-0.06%
AKRO	B	-0.06%
RXO	D	-0.06%
UEC	B	-0.06%
TSHA	C	-0.06%
SNDX	F	-0.06%
RVNC	F	-0.06%
ARCT	F	-0.06%
APPN	B	-0.06%
IART	C	-0.06%
BGS	F	-0.06%
CDXS	B	-0.06%
CMC	B	-0.06%
TREE	F	-0.06%
CCCC	F	-0.06%
HURC	B	-0.06%
RM	C	-0.06%
GIC	D	-0.06%
BKD	F	-0.06%
AVD	C	-0.06%
CLDX	F	-0.06%
CERS	D	-0.06%
QTRX	F	-0.06%
FBK	C	-0.06%
NABL	F	-0.06%
EOLS	D	-0.06%
ETNB	C	-0.05%
ALLK	D	-0.05%
ACIW	B	-0.05%
DAKT	C	-0.05%
SAGE	F	-0.05%
OABI	F	-0.05%
LGF.A	C	-0.05%
DSGN	C	-0.05%
TMCI	C	-0.05%
PAHC	C	-0.05%
ATRO	D	-0.05%
ORGO	B	-0.05%
FLYW	B	-0.05%
MLNK	C	-0.05%
ZIP	D	-0.05%
OPY	B	-0.05%
UHT	D	-0.05%
ARWR	D	-0.05%
COGT	D	-0.05%
OIS	B	-0.05%
STRO	F	-0.05%
BY	B	-0.05%
VNDA	C	-0.05%
ABSI	F	-0.05%
EE	A	-0.05%
SNBR	F	-0.05%
ONTO	F	-0.05%
MCRI	A	-0.05%
CVBF	A	-0.05%
BOOT	C	-0.05%
TSVT	F	-0.04%
MGNX	F	-0.04%
LPSN	F	-0.04%
BLBD	D	-0.04%
BDTX	F	-0.04%
TNDM	D	-0.04%
TERN	F	-0.04%
NXRT	B	-0.04%
GERN	D	-0.04%
MSBI	B	-0.04%
BRSP	C	-0.04%
CXM	C	-0.04%
BASE	B	-0.04%
NUVL	C	-0.04%
VYGR	F	-0.04%
CRVL	B	-0.04%
IOVA	F	-0.04%
KALV	F	-0.04%
IDYA	F	-0.04%
ZNTL	F	-0.04%
UVE	B	-0.04%
NSSC	D	-0.04%
TXRH	B	-0.04%
PRTS	C	-0.03%
FIZZ	C	-0.03%
ANIK	D	-0.03%
KYMR	D	-0.03%
GCI	D	-0.03%
NPK	B	-0.03%
ACET	F	-0.03%
GIII	D	-0.03%
ENTA	F	-0.03%
RMAX	C	-0.03%
SHEN	F	-0.03%
IDT	B	-0.03%
RLMD	F	-0.03%
MBWM	B	-0.03%
YMAB	F	-0.03%
USLM	A	-0.03%
BEAM	D	-0.03%
BECN	B	-0.03%
ENSG	C	-0.03%
MED	D	-0.03%
RLAY	F	-0.03%
VSCO	C	-0.03%
AXNX	A	-0.03%
RCKT	F	-0.03%
ASC	F	-0.03%
STBA	B	-0.03%
FNKO	D	-0.03%
SANA	F	-0.03%
UVSP	B	-0.03%
ACLX	C	-0.03%
HROW	D	-0.03%
ARRY	F	-0.03%
UFPI	C	-0.03%
ETWO	F	-0.03%
HNST	A	-0.03%
CHGG	C	-0.03%
BHLB	B	-0.03%
LMAT	A	-0.03%
NARI	C	-0.03%
HUMA	F	-0.03%
GRC	A	-0.03%
FATE	F	-0.03%
VCEL	B	-0.03%
EDIT	F	-0.03%
HIMS	B	-0.03%
CSR	B	-0.03%
ANGO	C	-0.02%
SUPN	C	-0.02%
RCKY	F	-0.02%
EB	C	-0.02%
UPLD	B	-0.02%
DIN	C	-0.02%
ONTF	C	-0.02%
TNYA	D	-0.02%
CTMX	F	-0.02%
SPNS	F	-0.02%
MQ	D	-0.02%
NTLA	F	-0.02%
DVAX	C	-0.02%
ZIMV	D	-0.02%
TNET	F	-0.02%
ABUS	D	-0.02%
SVRA	F	-0.02%
MCB	B	-0.02%
RAMP	B	-0.02%
NKTR	F	-0.02%
TCBK	C	-0.02%
XNCR	B	-0.02%
JBSS	F	-0.02%
SPOK	B	-0.02%
MRSN	D	-0.02%
PGEN	F	-0.02%
CRBU	D	-0.02%
PRAA	D	-0.02%
GPRE	F	-0.02%
FCF	B	-0.02%
DOC	C	-0.02%
SWTX	C	-0.02%
TSE	F	-0.02%
ALHC	C	-0.02%
NKTX	F	-0.02%
ALEC	F	-0.02%
VERA	C	-0.02%
MDXG	B	-0.02%
SFL	D	-0.02%
ALT	C	-0.02%
PDCO	F	-0.02%
KPTI	D	-0.02%
PBYI	C	-0.02%
FSTR	B	-0.02%
PKE	B	-0.02%
BOLT	F	-0.01%
CARA	D	-0.01%
WFRD	D	-0.01%
ALVR	F	-0.01%
INO	F	-0.01%
NOVA	F	-0.01%
GATX	A	-0.01%
ZDGE	F	-0.01%
FGEN	D	-0.01%
IMVT	F	-0.01%
CHRS	D	-0.01%
AVTE	D	-0.01%
SMMT	D	-0.01%
ADAP	F	-0.01%
RIG	D	-0.01%
URGN	F	-0.01%
XBIT	F	-0.01%
CCBG	B	-0.01%