Fidelity Enhanced Large Cap Core ETF
$42.75+0.22 (+0.52%)
- 0.18%
- $8.61B
- +12.9%
- 0.85%
- 832K sh
- low $35.09high $44.36
The ETF.net FELC Grade
A
Score 83 out of 100
- 4 of 126
Score 83 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A94 out of 100Rank 8 of 126Mission
Whether the fund did what it promised, tested against its stated mandate.A84 out of 100Rank 6 of 49Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B64 out of 100Rank 35 of 126Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A84 out of 100Rank 9 of 126Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A72 out of 100Rank 36 of 124Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A94 out of 100Rank 3 of 126
Our read on FELC
In short
AActive management priced like an index fund. Fidelity's quant screens tilt a roughly 220-stock large-cap portfolio toward value, growth and quality signals, with the S&P 500 as the yardstick, for 0.18% a year.
Stated mandate
The fund seeks long-term capital appreciation.
Why people hold it
Worth knowing
FELC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
FELC$11,292
Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FELC |
|---|---|
| Year to date | +12.2% |
| 1 month | −2.7% |
| 3 months | +0.1% |
| 1 year | +12.9% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FELC |
|---|---|---|
| 2026 YTD | +12.2% | |
| 2025 | +17.1% | |
| 2024 | +25.3% | |
| 2023 | +5.7% |
FELC in the news
FELC Dividends
- 0.85%
- $0.36
- $0.09 per share
- Quarterly
FELC Risk
- 11.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.30
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
FELC Cost
Overpaying vs TACU, cheapest in US Active Equity
$3,749
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FELC 0.18%
$3,749
TACU 0.00% Cheapest
$0
Cost over time
Year by year
| Year | FELC | TACU | Overpaying |
|---|---|---|---|
| 10 | $328 | $0 | $328 |
| 20 | $1,281 | $0 | $1,281 |
| 30 | $3,749 | $0 | $3,749 |
Other funds in US Active Equity
- ADFACDimensional US Core Equity 2 ETFExpense ratio 0.17%1 year return +15.9%
- ADYNFiShares U.S. Equity Factor Rotation Active ETFExpense ratio 0.26%1 year return +10.7%
- AEBILongview Advantage ETFExpense ratio 0.24%1 year return +21.3%
- ALCTUiShares U.S. Carbon Transition Readiness Aware Active ETFExpense ratio 0.15%1 year return +9.6%
- AAPUEActivePassive U.S. Equity ETFExpense ratio 0.31%1 year return +12.8%
