SOVF vs. FFLC ETF Comparison

Comparison of Sovereign's Capital Flourish Fund (SOVF) to Fidelity Fundamental Large Cap Core ETF (FFLC)

SOVF

Sovereign's Capital Flourish Fund

SOVF Description

The fund invests primarily in common stock of publicly traded U.S. companies that are selected by the fund's investment adviser. The Adviser employs an active management strategy in seeking to achieve the fund"s objective.

Grade (RS Rating)

Last Trade

$33.47

Average Daily Volume

12,709

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFLC

Fidelity Fundamental Large Cap Core ETF

FFLC Description

FFLC seeks to achieve long-term capital growth by investing in a global core equity portfolio of large-cap stocks. The adviser generally defines large caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. 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 portfolio includes stocks with growth and/or value characteristics. 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 New Millennium ETF under the ticker FMIL. The fund previously used a semitransparent ETF structure.

Grade (RS Rating)

Last Trade

$47.32

Average Daily Volume

105,238

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SOVF	FFLC
30 Days	9.99%	2.38%
60 Days	11.20%	3.86%
90 Days	9.63%	6.36%
12 Months	29.36%	37.56%

5 Overlapping Holdings

Symbol	Grade	Weight in SOVF	Weight in FFLC	Overlap
AJG	A	1.49%	0.41%	0.41%
CSCO	A	0.75%	1.1%	0.75%
FI	A	1.51%	1.34%	1.34%
HRB	D	1.25%	0.64%	0.64%
UPS	C	0.75%	0.78%	0.75%

SOVF Overweight 74 Positions Relative to FFLC

Symbol	Grade	Weight
LOPE	B	2.75%
NSP	F	2.71%
PRI	A	2.53%
COKE	C	2.53%
EEFT	B	2.47%
RPAY	C	2.47%
FOLD	F	2.45%
DAVA	C	2.41%
AFG	A	2.27%
DIOD	D	2.25%
LCII	C	2.23%
PGR	A	2.01%
ALKT	A	2.01%
MOH	F	1.97%
GSHD	B	1.97%
PAYC	A	1.96%
BIGC	C	1.95%
CBRE	B	1.76%
OPCH	F	1.74%
NHC	B	1.72%
PCTY	B	1.71%
QCOM	F	1.52%
RJF	A	1.52%
APG	B	1.5%
PX	B	1.5%
QRVO	F	1.49%
TSN	B	1.49%
BDX	F	1.48%
KFY	B	1.48%
ARMK	A	1.47%
COLM	A	1.46%
MLR	B	1.26%
PPC	C	1.25%
FANG	F	1.22%
SMCI	D	1.22%
VRRM	F	1.21%
DVN	F	1.2%
APA	F	1.19%
VST	B	1.04%
ADV	C	1.03%
ITT	A	1.01%
INTC	C	1.01%
AZZ	B	1.01%
LECO	C	1.0%
NEE	D	1.0%
GEF	B	0.99%
SITE	C	0.98%
ERIE	D	0.76%
SCHW	A	0.75%
PLOW	D	0.74%
ANET	C	0.74%
KFRC	C	0.74%
TFIN	A	0.74%
HCSG	B	0.62%
NTAP	C	0.51%
RMD	C	0.51%
JJSF	C	0.51%
CPRT	A	0.5%
ADP	B	0.5%
FAST	B	0.5%
JBHT	C	0.5%
ORLY	B	0.5%
SPTN	F	0.5%
SBAC	D	0.5%
SPSC	C	0.5%
SAIC	F	0.5%
USFD	A	0.5%
CSWI	A	0.5%
WCN	A	0.5%
HUBS	B	0.49%
IEX	B	0.49%
CPT	B	0.49%
WMT	B	0.49%
NEO	C	0.48%

SOVF Underweight 82 Positions Relative to FFLC

Symbol	Grade	Weight
MSFT	D	-6.98%
NVDA	C	-5.71%
META	D	-4.7%
AAPL	B	-4.26%
GOOGL	C	-3.2%
AMZN	C	-2.89%
XOM	C	-2.88%
BAC	A	-2.18%
AVGO	D	-1.98%
LLY	F	-1.85%
WFC	A	-1.82%
SO	D	-1.72%
UNH	B	-1.72%
CMCSA	C	-1.69%
GE	D	-1.61%
BSX	C	-1.35%
V	A	-1.31%
EIX	A	-1.31%
CI	D	-1.23%
TMO	F	-1.18%
SAP	B	-1.15%
LOW	C	-1.06%
CEG	D	-1.06%
KVUE	A	-1.04%
ETN	A	-1.02%
PNC	A	-1.01%
KDP	D	-1.0%
INTU	C	-1.0%
ORCL	C	-0.97%
TSM	C	-0.97%
KO	D	-0.94%
USB	A	-0.94%
URI	B	-0.92%
BMY	B	-0.92%
GEV	C	-0.87%
TRV	B	-0.87%
MA	B	-0.85%
APH	B	-0.85%
MOD	B	-0.84%
ALSN	B	-0.83%
RPRX	D	-0.76%
REGN	F	-0.75%
CB	D	-0.73%
BA	D	-0.72%
VRT	B	-0.66%
ELV	F	-0.63%
COST	B	-0.63%
ABBV	D	-0.61%
UBER	D	-0.61%
CCI	D	-0.61%
APO	A	-0.61%
KNX	B	-0.59%
FDX	B	-0.58%
WSO	A	-0.56%
NVO	F	-0.53%
DOX	D	-0.53%
HLT	A	-0.52%
MLM	B	-0.49%
AMT	D	-0.43%
DEO	F	-0.43%
MAR	A	-0.42%
WSM	B	-0.4%
GD	F	-0.38%
GEN	A	-0.37%
COR	C	-0.37%
LEN	C	-0.36%
ABNB	C	-0.33%
GSK	F	-0.3%
HII	F	-0.29%
GILD	B	-0.27%
NOC	D	-0.25%
TMUS	A	-0.2%
LIN	D	-0.2%
MELI	C	-0.2%
DKS	C	-0.19%
SPR	D	-0.19%
ASML	F	-0.18%
SPG	C	-0.18%
IP	B	-0.18%
KBR	F	-0.17%
LNG	B	-0.03%
MRVL	B	-0.02%