XLK vs. FFLC ETF Comparison

Comparison of SPDR Select Sector Fund - Technology (XLK) to Fidelity Fundamental Large Cap Core ETF (FFLC)

XLK

SPDR Select Sector Fund - Technology

XLK Description

The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Technology Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$225.10

Average Daily Volume

5,520,963

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

$45.50

Average Daily Volume

94,967

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	XLK	FFLC
30 Days	2.77%	2.80%
60 Days	4.73%	5.73%
90 Days	-0.32%	4.91%
12 Months	38.81%	40.47%

17 Overlapping Holdings

Symbol	Grade	Weight in XLK	Weight in FFLC	Overlap
AAPL	C	14.81%	4.51%	4.51%
ADBE	F	2.63%	1.41%	1.41%
ADI	C	1.26%	0.55%	0.55%
AMD	C	2.85%	1.27%	1.27%
CRM	C	2.87%	0.98%	0.98%
CSCO	B	2.36%	0.44%	0.44%
FSLR	C	0.3%	0.25%	0.25%
INTU	D	2.01%	0.92%	0.92%
JBL	C	0.14%	0.67%	0.14%
MSFT	C	13.86%	7.7%	7.7%
MU	D	1.16%	0.14%	0.14%
NVDA	C	12.3%	3.39%	3.39%
NXPI	D	0.66%	0.68%	0.66%
ON	D	0.34%	0.69%	0.34%
ORCL	B	2.98%	0.79%	0.79%
SNPS	F	0.87%	0.44%	0.44%
TER	C	0.24%	0.22%	0.22%

XLK Overweight 51 Positions Relative to FFLC

Symbol	Grade	Weight
AVGO	C	4.57%
ACN	C	2.38%
IBM	B	2.28%
NOW	C	2.14%
TXN	B	2.09%
QCOM	D	2.07%
AMAT	D	1.8%
PANW	D	1.25%
LRCX	D	1.15%
KLAC	D	1.15%
ANET	C	1.11%
INTC	D	1.08%
APH	C	0.89%
PLTR	C	0.86%
MSI	B	0.84%
CDNS	D	0.84%
CRWD	D	0.76%
ROP	C	0.67%
ADSK	B	0.65%
FTNT	B	0.55%
FICO	B	0.54%
TEL	D	0.51%
MPWR	B	0.49%
MCHP	D	0.46%
IT	C	0.45%
CTSH	B	0.42%
HPQ	C	0.39%
GLW	B	0.39%
DELL	C	0.38%
CDW	D	0.34%
ANSS	D	0.31%
KEYS	B	0.3%
TYL	C	0.28%
NTAP	D	0.28%
HPE	C	0.27%
SMCI	F	0.26%
STX	B	0.25%
GDDY	C	0.25%
PTC	C	0.24%
WDC	C	0.24%
TDY	B	0.23%
ZBRA	B	0.21%
SWKS	F	0.18%
ENPH	D	0.18%
AKAM	D	0.17%
VRSN	C	0.17%
TRMB	C	0.16%
JNPR	A	0.14%
FFIV	B	0.14%
EPAM	F	0.13%
QRVO	F	0.11%

XLK Underweight 116 Positions Relative to FFLC

Symbol	Grade	Weight
AMZN	C	-3.26%
META	B	-2.57%
GOOGL	D	-2.4%
LLY	D	-1.93%
UNH	C	-1.72%
V	C	-1.63%
XOM	D	-1.49%
BA	F	-1.31%
BSX	B	-1.23%
TJX	C	-1.2%
CMCSA	C	-1.16%
WFC	D	-1.08%
NFLX	B	-1.06%
ETN	C	-1.05%
UBER	C	-1.04%
TMO	B	-1.03%
PH	B	-1.02%
JPM	D	-0.98%
CB	B	-0.97%
NKE	D	-0.92%
PWR	B	-0.92%
GE	C	-0.9%
BAC	D	-0.9%
KVUE	B	-0.88%
DHR	B	-0.82%
SO	B	-0.82%
LIN	B	-0.81%
REGN	D	-0.76%
FCX	C	-0.75%
CAT	B	-0.75%
KO	B	-0.73%
IR	B	-0.73%
APTV	D	-0.71%
BKR	C	-0.7%
SHOP	C	-0.69%
LMT	A	-0.68%
SYK	C	-0.67%
HWM	B	-0.67%
GNRC	D	-0.66%
CEG	C	-0.66%
VST	B	-0.65%
KDP	B	-0.63%
BKNG	B	-0.61%
MS	B	-0.6%
NOC	B	-0.6%
SLB	F	-0.6%
BJ	D	-0.58%
TSM	C	-0.58%
DIS	D	-0.57%
PFGC	B	-0.57%
MMC	C	-0.53%
CI	C	-0.52%
FLEX	B	-0.52%
LNG	D	-0.51%
CNC	D	-0.51%
RL	B	-0.51%
ABNB	D	-0.5%
WMT	B	-0.49%
CE	D	-0.49%
HLT	B	-0.49%
MLM	D	-0.48%
CLX	C	-0.47%
AZN	D	-0.47%
VRT	C	-0.46%
NVR	B	-0.45%
BWXT	A	-0.45%
WDAY	D	-0.44%
DT	C	-0.43%
KBR	D	-0.42%
ESI	C	-0.42%
CMG	D	-0.42%
ARES	B	-0.41%
FCN	C	-0.41%
SPOT	C	-0.4%
ITT	B	-0.39%
LEN	B	-0.39%
CBRE	B	-0.39%
BLDR	C	-0.39%
FOUR	C	-0.39%
AVY	C	-0.38%
EDR	A	-0.37%
URI	B	-0.37%
GS	B	-0.33%
WSC	D	-0.32%
HLI	C	-0.32%
TRNO	D	-0.32%
HES	F	-0.32%
FTI	D	-0.29%
GILD	B	-0.29%
HOLX	D	-0.28%
EL	D	-0.27%
MDB	D	-0.27%
CHDN	D	-0.27%
SAM	D	-0.27%
MRK	F	-0.26%
GLPI	C	-0.26%
TT	B	-0.26%
ASML	F	-0.25%
NVO	F	-0.25%
AR	C	-0.24%
ACGL	B	-0.24%
FND	C	-0.24%
WST	D	-0.22%
DKS	D	-0.21%
STZ	C	-0.2%
WNS	F	-0.19%
ESS	C	-0.18%
FAF	B	-0.18%
OI	D	-0.17%
NFE	F	-0.16%
OWL	B	-0.16%
MASI	C	-0.12%
AGL	F	-0.12%
LEGN	F	-0.12%
LFST	C	-0.06%
MRVL	D	-0.04%