XRLV vs. FFLC ETF Comparison

Comparison of PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio (XRLV) to Fidelity Fundamental Large Cap Core ETF (FFLC)

XRLV

PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio

XRLV Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility Rate Response Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to include stocks exhibiting low volatility characteristics, after removing stocks that historically have performed poorly in rising interest rate environments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.86

Average Daily Volume

1,467

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

$43.51

Average Daily Volume

61,154

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	XRLV	FFLC
30 Days	-0.72%	3.10%
60 Days	1.47%	8.10%
90 Days	-0.91%	5.50%
12 Months	5.00%	30.65%

17 Overlapping Holdings

Symbol	Grade	Weight in XRLV	Weight in FFLC	Overlap
AAPL	A	1.02%	4.51%	1.02%
AVY	C	0.9%	0.38%	0.38%
CB	C	1.03%	0.97%	0.97%
CSCO	C	0.9%	0.44%	0.44%
HOLX	C	0.86%	0.28%	0.28%
JPM	A	1.02%	0.98%	0.98%
KDP	C	0.94%	0.63%	0.63%
KO	A	1.34%	0.73%	0.73%
LIN	C	1.08%	0.81%	0.81%
LMT	A	1.0%	0.68%	0.68%
MMC	B	1.22%	0.53%	0.53%
MRK	C	1.0%	0.26%	0.26%
SO	C	0.96%	0.82%	0.82%
STZ	B	0.98%	0.2%	0.2%
TJX	A	1.24%	1.2%	1.2%
V	D	1.17%	1.63%	1.17%
WMT	B	1.28%	0.49%	0.49%

XRLV Overweight 80 Positions Relative to FFLC

Symbol	Grade	Weight
RSG	A	1.44%
BRK.A	C	1.42%
CL	B	1.29%
ROP	A	1.26%
PG	C	1.24%
TMUS	A	1.17%
WM	B	1.16%
MCD	F	1.16%
L	D	1.14%
JNJ	F	1.13%
HON	B	1.13%
EA	B	1.11%
ICE	A	1.09%
KMB	B	1.09%
AME	D	1.08%
PM	A	1.08%
MSI	A	1.07%
MA	D	1.06%
KMI	A	1.06%
YUM	D	1.04%
VRSK	B	1.04%
APH	B	1.02%
HIG	C	1.02%
AJG	B	1.02%
BRO	B	1.01%
VRSN	D	1.01%
CHD	C	1.0%
PEP	D	1.0%
WMB	A	1.0%
GD	C	0.99%
ROST	B	0.99%
BR	C	0.99%
DUK	D	0.98%
ATO	C	0.98%
MCK	B	0.98%
ABBV	B	0.98%
ITW	D	0.97%
PEG	A	0.97%
MO	A	0.97%
ECL	B	0.96%
ABT	D	0.96%
CTAS	B	0.96%
MDLZ	D	0.96%
CNP	B	0.96%
SYY	D	0.94%
PPL	D	0.94%
CDW	D	0.94%
DRI	D	0.94%
CSX	C	0.94%
DGX	D	0.93%
SRE	B	0.93%
CME	D	0.92%
AFL	B	0.92%
ADP	D	0.91%
LNT	B	0.9%
MDT	D	0.9%
ED	D	0.9%
AMP	C	0.9%
FE	D	0.89%
NI	B	0.89%
HD	C	0.89%
ETR	D	0.88%
PAYX	D	0.88%
TRV	D	0.88%
CBOE	D	0.87%
CMS	D	0.87%
GIS	D	0.87%
KHC	D	0.87%
XYL	D	0.86%
BDX	D	0.86%
PTC	C	0.86%
DTE	D	0.86%
O	D	0.85%
K	D	0.85%
VICI	D	0.83%
WEC	D	0.82%
HSY	F	0.82%
IEX	D	0.82%
NDSN	D	0.81%
UNP	D	0.79%

XRLV Underweight 116 Positions Relative to FFLC

Symbol	Grade	Weight
MSFT	A	-7.7%
NVDA	B	-3.39%
AMZN	A	-3.26%
META	B	-2.57%
GOOGL	A	-2.4%
LLY	A	-1.93%
UNH	D	-1.72%
XOM	C	-1.49%
ADBE	B	-1.41%
BA	C	-1.31%
AMD	C	-1.27%
BSX	B	-1.23%
CMCSA	F	-1.16%
WFC	C	-1.08%
NFLX	B	-1.06%
ETN	D	-1.05%
UBER	B	-1.04%
TMO	D	-1.03%
PH	D	-1.02%
CRM	D	-0.98%
INTU	B	-0.92%
NKE	F	-0.92%
PWR	C	-0.92%
GE	D	-0.9%
BAC	A	-0.9%
KVUE	F	-0.88%
DHR	D	-0.82%
ORCL	A	-0.79%
REGN	A	-0.76%
FCX	D	-0.75%
CAT	C	-0.75%
IR	C	-0.73%
APTV	F	-0.71%
BKR	B	-0.7%
SHOP	C	-0.69%
ON	D	-0.69%
NXPI	B	-0.68%
SYK	B	-0.67%
HWM	C	-0.67%
JBL	F	-0.67%
GNRC	D	-0.66%
CEG	C	-0.66%
VST	C	-0.65%
BKNG	B	-0.61%
MS	B	-0.6%
NOC	D	-0.6%
SLB	D	-0.6%
BJ	B	-0.58%
TSM	B	-0.58%
DIS	D	-0.57%
PFGC	D	-0.57%
ADI	B	-0.55%
CI	D	-0.52%
FLEX	C	-0.52%
LNG	B	-0.51%
CNC	D	-0.51%
RL	C	-0.51%
ABNB	C	-0.5%
CE	F	-0.49%
HLT	B	-0.49%
MLM	D	-0.48%
CLX	D	-0.47%
AZN	B	-0.47%
VRT	D	-0.46%
NVR	C	-0.45%
BWXT	B	-0.45%
SNPS	B	-0.44%
WDAY	D	-0.44%
DT	F	-0.43%
KBR	D	-0.42%
ESI	B	-0.42%
CMG	C	-0.42%
ARES	C	-0.41%
FCN	C	-0.41%
SPOT	B	-0.4%
ITT	D	-0.39%
LEN	D	-0.39%
CBRE	C	-0.39%
BLDR	F	-0.39%
FOUR	B	-0.39%
EDR	A	-0.37%
URI	C	-0.37%
GS	A	-0.33%
WSC	F	-0.32%
HLI	A	-0.32%
TRNO	B	-0.32%
HES	C	-0.32%
FTI	C	-0.29%
GILD	C	-0.29%
EL	F	-0.27%
MDB	D	-0.27%
CHDN	B	-0.27%
SAM	C	-0.27%
GLPI	C	-0.26%
TT	C	-0.26%
ASML	B	-0.25%
NVO	A	-0.25%
FSLR	C	-0.25%
AR	D	-0.24%
ACGL	B	-0.24%
FND	F	-0.24%
TER	B	-0.22%
WST	F	-0.22%
DKS	C	-0.21%
WNS	C	-0.19%
ESS	B	-0.18%
FAF	D	-0.18%
OI	F	-0.17%
NFE	F	-0.16%
OWL	C	-0.16%
MU	B	-0.14%
MASI	D	-0.12%
AGL	D	-0.12%
LEGN	D	-0.12%
LFST	F	-0.06%
MRVL	B	-0.04%