SPHB vs. FFLG ETF Comparison

Comparison of PowerShares S&P 500 High Beta Portfolio (SPHB) to Fidelity Fundamental Large Cap Growth ETF (FFLG)

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$81.88

Average Daily Volume

621,595

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

$21.24

Average Daily Volume

62,178

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	SPHB	FFLG
30 Days	-4.35%	-2.39%
60 Days	-3.83%	-1.39%
90 Days	0.39%	3.96%
12 Months	25.85%	47.50%

18 Overlapping Holdings

Symbol	Grade	Weight in SPHB	Weight in FFLG	Overlap
ADBE	D	0.83%	1.01%	0.83%
AMAT	C	1.2%	0.26%	0.26%
AMD	D	1.16%	1.93%	1.16%
AMZN	B	1.01%	5.21%	1.01%
ANET	C	0.93%	0.05%	0.05%
AVGO	D	1.03%	0.04%	0.04%
EPAM	F	0.8%	0.86%	0.8%
FSLR	B	1.08%	0.05%	0.05%
GOOG	A	1.06%	4.66%	1.06%
GPN	F	0.8%	1.32%	0.8%
INTU	D	0.96%	0.58%	0.58%
META	D	1.06%	5.36%	1.06%
NOW	D	0.89%	0.84%	0.84%
NVDA	C	1.56%	7.82%	1.56%
NXPI	B	1.12%	1.81%	1.12%
ON	D	1.04%	1.9%	1.04%
TSLA	D	1.34%	0.01%	0.01%
UBER	D	0.86%	3.45%	0.86%

SPHB Overweight 78 Positions Relative to FFLG

Symbol	Grade	Weight
CMA	A	1.51%
GNRC	B	1.47%
KEY	B	1.38%
ALGN	F	1.37%
MPWR	B	1.35%
NCLH	F	1.34%
CCL	F	1.34%
CFG	A	1.31%
ZBRA	A	1.31%
TER	A	1.29%
ENPH	F	1.29%
KLAC	C	1.26%
TFC	A	1.26%
FCX	B	1.25%
ALB	D	1.23%
CZR	F	1.21%
RCL	A	1.19%
URI	D	1.18%
USB	D	1.17%
ABNB	D	1.16%
FITB	A	1.15%
MCHP	A	1.14%
LRCX	D	1.13%
BLDR	C	1.13%
PYPL	A	1.12%
RF	A	1.1%
PARA	B	1.07%
MHK	C	1.07%
HAS	A	1.07%
BX	D	1.06%
SCHW	A	1.06%
BXP	F	1.06%
HBAN	A	1.06%
MTB	A	1.04%
QCOM	A	1.03%
ETSY	F	1.02%
WDC	A	1.02%
GM	B	1.01%
TROW	C	1.01%
DFS	B	1.0%
SWK	F	1.0%
SWKS	F	0.98%
TRMB	C	0.97%
CE	C	0.97%
SYF	A	0.96%
PNR	D	0.94%
PAYC	F	0.94%
WBD	F	0.94%
COF	B	0.93%
CBRE	C	0.93%
KMX	F	0.92%
CRL	D	0.92%
NTRS	C	0.92%
IVZ	F	0.92%
AES	A	0.92%
IQV	D	0.92%
ROK	F	0.91%
ARE	C	0.9%
DAY	F	0.89%
POOL	F	0.89%
F	B	0.88%
EXPE	A	0.88%
MGM	F	0.87%
AAL	F	0.87%
EL	F	0.87%
CTLT	C	0.84%
IDXX	F	0.84%
ILMN	D	0.82%
ADSK	F	0.82%
EFX	C	0.8%
ANSS	F	0.8%
ISRG	C	0.79%
BEN	F	0.79%
APTV	D	0.78%
CDNS	D	0.78%
MTCH	F	0.75%
MSCI	F	0.69%
INTC	F	0.66%

SPHB Underweight 82 Positions Relative to FFLG

Symbol	Grade	Weight
MSFT	D	-10.56%
TMUS	A	-2.86%
GOOGL	A	-2.8%
ROKU	F	-2.65%
AAPL	C	-2.2%
UNH	B	-2.14%
BSX	A	-1.88%
SQ	D	-1.85%
FLEX	D	-1.84%
SE	B	-1.73%
V	D	-1.57%
LLY	C	-1.25%
VRT	A	-1.2%
LPLA	A	-1.04%
FND	C	-0.97%
MDB	D	-0.92%
ORCL	D	-0.91%
HUM	D	-0.89%
MQ	D	-0.87%
SNAP	A	-0.87%
MRVL	C	-0.8%
CRM	D	-0.77%
BA	D	-0.74%
ZI	D	-0.68%
DT	F	-0.67%
CVNA	A	-0.66%
PCG	A	-0.64%
DDOG	B	-0.64%
TSM	C	-0.64%
MA	D	-0.59%
HUBS	D	-0.55%
CYTK	D	-0.55%
NFLX	C	-0.55%
PEN	D	-0.54%
DLO	F	-0.51%
CNC	D	-0.5%
CEG	A	-0.49%
JBL	F	-0.47%
AGL	F	-0.46%
TMDX	A	-0.46%
TMO	C	-0.42%
BJ	A	-0.4%
PCVX	C	-0.4%
LOW	D	-0.4%
DHR	C	-0.38%
AMT	D	-0.38%
INTA	F	-0.36%
AR	A	-0.34%
LYFT	C	-0.29%
MGNI	D	-0.29%
GFS	D	-0.28%
LITE	D	-0.26%
ACVA	D	-0.25%
DV	D	-0.23%
ARGX	C	-0.22%
OVV	B	-0.22%
CLDX	C	-0.22%
PANW	B	-0.19%
LULU	F	-0.17%
ETN	B	-0.17%
COHR	C	-0.16%
PSTG	C	-0.15%
BE	B	-0.14%
KO	A	-0.14%
APO	B	-0.12%
NUVL	C	-0.11%
MRNA	A	-0.1%
ACN	F	-0.1%
NVO	D	-0.1%
REGN	C	-0.1%
ALNY	D	-0.1%
CHTR	D	-0.09%
ZNTL	F	-0.08%
KROS	C	-0.07%
ALXO	A	-0.06%
SNOW	D	-0.06%
W	D	-0.05%
VLTO	A	-0.04%
ARM	D	-0.03%
LEN	C	-0.02%
ASND	C	-0.0%
ALHC	B	-0.0%