SMOG vs. FFSM ETF Comparison

Comparison of VanEck Vectors Low Carbon Energy ETF (SMOG) to Fidelity Fundamental Small-Mid Cap ETF (FFSM)

SMOG

VanEck Vectors Low Carbon Energy ETF

SMOG Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM (Extra Liquid). The fund normally invests at least 80% of its total assets in stocks of low carbon energy companies. Such companies may include small- and medium-capitalization companies and foreign issuers. "Low carbon energy companies" refers to companies primarily engaged in alternative energy, including renewable energy, alternative fuels and related enabling technologies (such as advanced batteries). It is non-diversified.

Grade (RS Rating)

Last Trade

$101.15

Average Daily Volume

2,793

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFSM

Fidelity Fundamental Small-Mid Cap ETF

FFSM Description

FFSM discloses holdings only on a monthly basis with a 30-day lag. The fund actively selects global mid- and small-cap companies with both growth and value factors. The portfolio is selected using fundamental and quantitative analysis, considering factors such as issuer's financial health and industry position, as well as the overall economic condition. The fund has a Tracking Basket Structure in place, which acts as a proxy portfolio that includes some of the funds holdings from recent disclosure, significant portion of the funds holdings, and cash. This is designed to track the funds daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads. Before February 26, 2024, the fund traded as Fidelity Small-Mid Cap Opportunities ETF under the ticker FSMO.

Grade (RS Rating)

Last Trade

$25.55

Average Daily Volume

22,827

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

Performance

Period	SMOG	FFSM
30 Days	5.99%	-0.66%
60 Days	2.48%	1.27%
90 Days	6.47%	8.26%
12 Months	-11.40%	26.87%

0 Overlapping Holdings

	Symbol	Grade	Weight in SMOG	Weight in FFSM	Overlap

SMOG Overweight 29 Positions Relative to FFSM

Symbol	Grade	Weight
NEE	B	9.73%
TSLA	D	7.81%
LI	F	3.72%
FSLR	B	3.45%
ENPH	F	3.06%
OC	A	2.95%
RIVN	F	1.49%
NIO	C	1.4%
XPEV	F	1.34%
IBP	D	1.09%
EBR	D	1.08%
BMI	A	0.91%
ENS	B	0.73%
SEDG	F	0.72%
CIG	B	0.71%
ORA	C	0.64%
LCID	F	0.58%
HASI	C	0.48%
QS	F	0.47%
ELP	F	0.43%
TAC	C	0.4%
BE	C	0.39%
DQ	F	0.37%
AY	B	0.35%
RUN	D	0.34%
ARRY	D	0.34%
PLUG	F	0.32%
JKS	D	0.2%
CSIQ	F	0.16%

SMOG Underweight 158 Positions Relative to FFSM

Symbol	Grade	Weight
FTI	A	-1.63%
TPX	D	-1.58%
EME	A	-1.51%
AZO	D	-1.46%
AR	A	-1.41%
VRT	B	-1.4%
MOH	D	-1.36%
CROX	C	-1.26%
UHS	D	-1.23%
ACGL	A	-1.23%
XPO	D	-1.21%
MUSA	D	-1.2%
BJ	B	-1.15%
RRX	D	-1.14%
PFGC	D	-1.14%
ITT	B	-1.12%
EXP	A	-1.09%
USFD	C	-1.06%
DKS	B	-1.02%
FN	C	-1.01%
PVH	D	-1.0%
DOX	D	-0.99%
LPLA	B	-0.97%
NSIT	A	-0.93%
WHD	B	-0.92%
AIZ	D	-0.88%
ATKR	D	-0.88%
FAF	D	-0.87%
DFS	C	-0.86%
ORI	A	-0.86%
CHDN	B	-0.84%
LNG	D	-0.84%
CACI	A	-0.84%
VNT	D	-0.83%
NXST	C	-0.82%
AYI	C	-0.82%
AME	D	-0.82%
JLL	C	-0.81%
BC	D	-0.8%
AIT	C	-0.79%
ASGN	D	-0.76%
SNX	A	-0.75%
STX	C	-0.73%
CRL	D	-0.73%
GPK	D	-0.72%
PRI	D	-0.72%
GVA	B	-0.71%
RGA	A	-0.7%
ON	F	-0.7%
MEDP	C	-0.7%
BECN	B	-0.7%
ACHC	F	-0.67%
ALSN	D	-0.67%
STLD	D	-0.67%
ACM	C	-0.66%
PNFP	C	-0.66%
AEIS	D	-0.66%
CMC	C	-0.66%
SNV	C	-0.65%
SN	A	-0.65%
KBR	A	-0.65%
TGLS	B	-0.64%
CNM	A	-0.64%
PCG	B	-0.64%
CC	C	-0.63%
WBS	D	-0.63%
G	D	-0.63%
AES	B	-0.6%
CAH	D	-0.59%
DT	D	-0.59%
HLI	A	-0.59%
FCNCA	B	-0.59%
MMS	C	-0.58%
HOLX	C	-0.57%
OLN	C	-0.57%
CADE	B	-0.57%
FSS	B	-0.57%
RJF	B	-0.56%
TENB	D	-0.56%
CIEN	D	-0.56%
KBH	C	-0.55%
LPX	D	-0.54%
VTR	B	-0.54%
AFG	D	-0.52%
ESI	D	-0.52%
WTFC	B	-0.52%
HAYW	C	-0.52%
CBT	B	-0.51%
MTSI	B	-0.51%
EXLS	C	-0.5%
OI	F	-0.49%
LBRT	B	-0.48%
NOMD	D	-0.48%
LSCC	F	-0.48%
BCO	B	-0.46%
WSC	F	-0.46%
LGIH	F	-0.46%
EPRT	A	-0.45%
EBC	B	-0.44%
ASO	D	-0.43%
LEA	F	-0.43%
BOKF	A	-0.43%
CHX	D	-0.43%
LITE	F	-0.41%
CACC	D	-0.41%
CWK	C	-0.4%
CNXC	D	-0.39%
FBP	A	-0.39%
FROG	D	-0.38%
RUSHA	D	-0.37%
FIBK	B	-0.36%
OMI	F	-0.35%
BOOT	B	-0.35%
FLEX	C	-0.35%
TMDX	B	-0.34%
ESGR	C	-0.34%
ICHR	D	-0.34%
NOG	B	-0.34%
DOOO	C	-0.32%
LCII	F	-0.32%
DIOD	B	-0.31%
ARGX	D	-0.31%
WST	D	-0.31%
PGNY	F	-0.3%
EAT	A	-0.29%
ALGM	C	-0.29%
PRO	F	-0.29%
HELE	F	-0.28%
RGEN	D	-0.25%
MTB	A	-0.25%
IBTX	D	-0.24%
CSTM	D	-0.23%
KFRC	F	-0.22%
TEX	C	-0.21%
PATK	C	-0.21%
MDGL	D	-0.2%
CRNX	B	-0.18%
XPRO	B	-0.18%
CYTK	D	-0.16%
VCEL	C	-0.15%
ECPG	D	-0.14%
ACLX	D	-0.13%
NUVL	D	-0.13%
CLDX	C	-0.13%
ICLR	D	-0.12%
PCVX	C	-0.11%
XENE	C	-0.09%
AXSM	C	-0.09%
LAUR	A	-0.08%
TCBK	B	-0.07%
PBH	D	-0.07%
ARVN	D	-0.07%
MORF	F	-0.06%
VRNA	F	-0.06%
TXG	F	-0.05%
ZNTL	F	-0.03%
KROS	D	-0.02%
ALXO	A	-0.01%