# Portfolio overlap — FVAL vs FELC

Comparing **Fidelity Value Factor ETF** (2026-01-31) and **Fidelity Enhanced Large Cap Core ETF** (2026-03-31).

- Shared positions: 65
- Fidelity Value Factor ETF covered by Fidelity Enhanced Large Cap Core ETF: 0.5486328425470967273267417826
- Fidelity Enhanced Large Cap Core ETF covered by Fidelity Value Factor ETF: 0.5486328425470967273267417826

## Fidelity Value Factor ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| NVIDIA CORP | 0.071059 | ✓ |
| APPLE INC | 0.061748 | ✓ |
| ALPHABET INC CL A | 0.051148 | ✓ |
| MICROSOFT CORP | 0.047280 | ✓ |
| Fidelity Cash Central Fund | 0.042353 | ✓ |
| MICRON TECHNOLOGY INC | 0.034834 | ✓ |
| AMAZON.COM INC | 0.034744 | ✓ |
| META PLATFORMS INC CL A | 0.024608 | ✓ |
| TESLA INC | 0.020830 | ✓ |
| BERKSHIRE HATH-B | 0.017956 | ✓ |
| LILLY ELI and CO | 0.017840 | ✓ |
| JOHNSON&JOHNSON | 0.014014 | ✓ |
| VISA INC-CLASS A | 0.012771 | ✓ |
| EXXON MOBIL CORP | 0.010983 | ✓ |
| ABBVIE INC | 0.010969 | ✓ |
| BANK OF AMERICA CORPORATION | 0.010502 | ✓ |
| GOLDMAN SACHS GROUP INC | 0.010345 | ✓ |
| MERCK & CO | 0.010305 | ✓ |
| QUALCOMM INC | 0.010156 | ✓ |
| ACCENTURE PLC CL A | 0.009825 |  |
| ZOOM VIDEO COMMUNICATIONS INC CL A | 0.009732 | ✓ |
| CATERPILLAR INC | 0.009276 | ✓ |
| SALESFORCE INC | 0.009244 | ✓ |
| COGNIZANT TECH SOLUTIONS CL A | 0.009134 |  |
| CITIGROUP INC | 0.008934 | ✓ |
| UNITEDHEALTH GRP | 0.008857 | ✓ |
| AMERICAN EXPRESS CO | 0.008853 | ✓ |
| AVNET INC | 0.008621 |  |
| COSTCO WHOLESALE CORP | 0.008615 | ✓ |
| GENERAL ELECTRIC CO | 0.008380 | ✓ |
| ARROW ELECTRONICS INC | 0.008374 |  |
| HOME DEPOT INC | 0.008213 | ✓ |
| ADOBE INC | 0.008176 | ✓ |
| RTX CORP | 0.008089 | ✓ |
| PROCTER & GAMBLE | 0.007868 | ✓ |
| CENTENE CORP | 0.007758 |  |
| CAPITAL ONE FINANCIAL CORP | 0.007246 | ✓ |
| BRISTOL-MYERS SQUIBB CO | 0.007185 | ✓ |
| REGENERON PHARMACEUTICALS INC | 0.007141 | ✓ |
| PFIZER INC | 0.007127 |  |
| CHEVRON CORP | 0.006984 | ✓ |
| LOCKHEED MARTIN CORP | 0.006884 | ✓ |
| ELEVANCE HEALTH INC | 0.006498 | ✓ |
| HP INC | 0.006309 |  |
| TRAVELERS COS IN | 0.006302 | ✓ |
| CUMMINS INC | 0.006196 | ✓ |
| MCDONALDS CORP | 0.006183 | ✓ |
| SKYWORKS SOLUTIONS INC | 0.006158 |  |
| ANNALY CAPITAL MGMT INC REIT | 0.006141 |  |
| PRUDENTL FINL | 0.005966 |  |

## Fidelity Enhanced Large Cap Core ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| NVIDIA CORP | 0.079409 | ✓ |
| APPLE INC | 0.071210 | ✓ |
| MICROSOFT CORP | 0.046882 | ✓ |
| AMAZON.COM INC | 0.039568 | ✓ |
| ALPHABET INC CL A | 0.030975 | ✓ |
| BROADCOM INC | 0.030824 |  |
| META PLATFORMS INC CL A | 0.025700 | ✓ |
| ALPHABET INC CL C | 0.023045 |  |
| BERKSHIRE HATH-B | 0.020804 | ✓ |
| JPMORGAN CHASE and CO | 0.016510 |  |
| LILLY ELI and CO | 0.015564 | ✓ |
| TESLA INC | 0.015187 | ✓ |
| EXXON MOBIL CORP | 0.014867 | ✓ |
| MASTERCARD INC CL A | 0.012149 |  |
| ABBVIE INC | 0.011405 | ✓ |
| MICRON TECHNOLOGY INC | 0.010644 | ✓ |
| GENERAL ELECTRIC CO | 0.010125 | ✓ |
| AT&T INC | 0.009127 | ✓ |
| Fidelity Cash Central Fund | 0.008576 | ✓ |
| MORGAN STANLEY | 0.008416 |  |
| GILEAD SCIENCES INC | 0.008249 |  |
| CISCO SYSTEMS INC | 0.008230 |  |
| SCHWAB CHARLES CORP | 0.007780 |  |
| BRISTOL-MYERS SQUIBB CO | 0.007710 | ✓ |
| QUALCOMM INC | 0.007412 | ✓ |
| AMPHENOL CORPORATION CL A | 0.007395 |  |
| HONEYWELL INTL INC | 0.007148 | ✓ |
| BANK OF AMERICA CORPORATION | 0.007059 | ✓ |
| ADOBE INC | 0.006633 | ✓ |
| PROGRESSIVE CORP OHIO | 0.006594 |  |
| BANK OF NEW YORK MELLON CORP | 0.006514 |  |
| JOHNSON CONTROLS INTERNATIONAL PLC | 0.006513 |  |
| PHILIP MORRIS INTL INC | 0.006511 |  |
| JOHNSON&JOHNSON | 0.006507 | ✓ |
| GENERAL MOTORS CO | 0.006324 | ✓ |
| PEPSICO INC | 0.006168 | ✓ |
| FORTINET INC | 0.006162 |  |
| ANALOG DEVICES INC | 0.006160 |  |
| AIRBNB INC CLASS A | 0.006157 |  |
| LINDE PLC | 0.006146 | ✓ |
| AMETEK INC NEW | 0.006083 |  |
| VISA INC-CLASS A | 0.006081 | ✓ |
| ELECTRONIC ARTS INC | 0.006043 |  |
| UNITEDHEALTH GRP | 0.006006 | ✓ |
| CHEVRON CORP | 0.005858 | ✓ |
| TRANE TECHNOLOGIES PLC | 0.005778 |  |
| WELLS FARGO & CO | 0.005764 |  |
| UBER TECHNOLOGIES INC | 0.005727 |  |
| NETFLIX INC | 0.005726 |  |
| ROSS STORES INC | 0.005713 |  |


## Sources

- N-PORT (fund A) — accession `0000035402-26-002115` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/945908/000003540226002115/0000035402-26-002115-index.htm>
- N-PORT (fund B) — accession `0000035402-26-003315` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/945908/000003540226003315/0000035402-26-003315-index.htm>

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_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

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