XSHD vs. FFSM ETF Comparison

Comparison of PowerShares S&P SmallCap High Dividend Low Volatility Portfolio (XSHD) to Fidelity Fundamental Small-Mid Cap ETF (FFSM)

XSHD

PowerShares S&P SmallCap High Dividend Low Volatility Portfolio

XSHD Description

The PowerShares S&P SmallCap High Dividend Low Volatility Portfolio is based on the S&P SmallCap 600 Low Volatility High Dividend Index. The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of 60 securities in the S&P SmallCap 600 Index that have historically provided high dividend yields with lower volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted semi-annually on the last business day in January and July.

Grade (RS Rating)

Last Trade

$14.92

Average Daily Volume

26,435

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

$25.80

Average Daily Volume

22,172

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

Performance

Period	XSHD	FFSM
30 Days	-1.32%	0.16%
60 Days	-0.38%	2.27%
90 Days	-0.73%	7.32%
12 Months	2.16%	28.24%

1 Overlapping Holdings

	Symbol	Grade	Weight in XSHD	Weight in FFSM	Overlap
	NOG	B	1.63%	0.34%	0.34%

XSHD Overweight 52 Positions Relative to FFSM

Symbol	Grade	Weight
HIW	B	3.62%
OGN	B	3.31%
EFC	B	2.92%
RC	D	2.86%
BXMT	D	2.81%
IIPR	B	2.8%
ARI	F	2.78%
GNL	D	2.65%
CALM	D	2.65%
DEA	B	2.56%
SVC	F	2.51%
KREF	F	2.43%
VGR	D	2.33%
CVI	F	2.16%
KW	C	2.15%
DLX	B	2.1%
CWEN	B	1.95%
AVA	B	1.95%
NUS	F	1.81%
CBRL	F	1.71%
AROC	B	1.69%
NWN	B	1.66%
TRN	A	1.59%
XRX	F	1.51%
ETD	D	1.47%
MOV	D	1.47%
UVV	B	1.45%
CCOI	F	1.4%
DIN	F	1.37%
PINC	F	1.21%
ENR	C	1.19%
MED	F	1.18%
UTL	B	1.16%
BHE	A	1.14%
MYE	F	1.14%
HNI	A	1.12%
SXC	D	1.11%
SPTN	D	1.1%
RGP	F	1.1%
KMT	C	1.07%
SXT	A	1.04%
HP	F	1.02%
SLVM	A	0.96%
FDP	D	0.95%
SEM	A	0.89%
NHC	B	0.82%
CPK	B	0.78%
SEE	C	0.75%
CRC	F	0.74%
SJW	D	0.73%
CMP	F	0.49%
ATNI	F	0.46%

XSHD Underweight 157 Positions Relative to FFSM

Symbol	Grade	Weight
FTI	B	-1.63%
TPX	D	-1.58%
EME	A	-1.51%
AZO	D	-1.46%
AR	B	-1.41%
VRT	A	-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	A	-1.12%
EXP	A	-1.09%
USFD	C	-1.06%
DKS	C	-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	C	-0.72%
PRI	D	-0.72%
GVA	A	-0.71%
RGA	A	-0.7%
ON	F	-0.7%
MEDP	D	-0.7%
BECN	C	-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	B	-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	F	-0.59%
DT	F	-0.59%
HLI	A	-0.59%
FCNCA	B	-0.59%
MMS	C	-0.58%
HOLX	D	-0.57%
OLN	D	-0.57%
CADE	B	-0.57%
FSS	B	-0.57%
RJF	C	-0.56%
TENB	F	-0.56%
CIEN	D	-0.56%
KBH	B	-0.55%
LPX	A	-0.54%
VTR	B	-0.54%
AFG	C	-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	D	-0.46%
LGIH	F	-0.46%
EPRT	A	-0.45%
EBC	B	-0.44%
ASO	F	-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	B	-0.34%
ICHR	D	-0.34%
DOOO	C	-0.32%
LCII	D	-0.32%
DIOD	B	-0.31%
ARGX	C	-0.31%
WST	D	-0.31%
PGNY	F	-0.3%
EAT	A	-0.29%
ALGM	D	-0.29%
PRO	F	-0.29%
HELE	F	-0.28%
RGEN	F	-0.25%
MTB	A	-0.25%
IBTX	C	-0.24%
CSTM	D	-0.23%
KFRC	D	-0.22%
TEX	D	-0.21%
PATK	C	-0.21%
MDGL	D	-0.2%
CRNX	A	-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	D	-0.13%
ICLR	D	-0.12%
PCVX	C	-0.11%
XENE	D	-0.09%
AXSM	B	-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	B	-0.01%