Fidelity Enhanced Large Cap Growth ETF
$45.10−0.41 (−0.89%)
- Expense ratio
- 0.18%
- Fund size
- $5.7B
- 1Y return
- +10.3%
- Yield · Last 12 months
- 0.34%
- Holdings
- 109
- Volume · 30D
- 0.4M sh
- NAV per share
- $45.42
- 52W range
The ETF.net FELG Grade
Score 81 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 99Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 82Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 52Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 95Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 49Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 95Category rank
Our read on FELG
AActive stock-picking on an index-fund budget. FELG charges 0.18% to tilt around the Russell 1000 Growth Index rather than copy it, running a strategy whose track record dates to 2007.
The fund seeks capital appreciation and normally invests at least 80% of its assets in common stocks included in the Russell 1000® Growth Index.
Why people hold it
- 0.18% a year, roughly a third of the typical fee among active US growth-conviction funds.
- Not a moonshot: at least 80% of assets sit in Russell 1000 Growth constituents across about 110 stocks, so the manager's bets are tilts around a familiar benchmark.institutional.fidelity.com
- One of the strongest implementations in its peer group, and cheaper than most of the other top-graded names there (GUSE and MAGS at 0.30%, LRGC at 0.39%).
- A multi-billion-dollar fund from Fidelity with steady on-screen liquidity, and it pays quarterly.
Worth knowing
- Concentrated by design: roughly 110 large-cap growth names, so the megacap tech leaders at the top of the Russell 1000 Growth Index drive the ride both ways.
- Active means the portfolio deviates from the index on purpose, so results can land on either side of it.
- Not the cheapest seat in the cohort: JUSA runs 0.12%, though its mandate is broad large-cap rather than the growth slice.
FELG Holdings
- Stocks
- 109
- 58%
- NVDA
Sectors
- Technology58.2%
- Communication14.8%
- Industrials8.8%
- Consumer Discr.6.4%
- Health Care5.8%
- Financials4.7%
- Cons. Staples0.7%
- Energy0.3%
- Materials0.3%
- Real Estate0.1%
Geography
- United States97.82%
- Ireland0.93%
- Netherlands0.49%
- Singapore0.33%
- United Kingdom0.20%
- Cayman Islands0.17%
- Australia0.07%
FELG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | FELG |
|---|---|
| Year to date | +9.4% |
| 1 month | +3.8% |
| 3 months | +5.2% |
| 1 year | +10.3% |
| 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 | FELG |
|---|---|---|
| 2026 YTD | +9.4% | |
| 2025 | +18.4% | |
| 2024 | +35.4% | |
| 2023 | +4.2% |
FELG in the news
ETF.net Research hasn’t filed on FELG yet — coverage lands here as it’s written.
FELG Dividends
- 0.34%
- $0.16
- $0.04 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Sep 22, 2026 | $0.04 |
| Jun 18, 2026 | Jun 23, 2026 | $0.05 |
| Mar 20, 2026 | Mar 24, 2026 | $0.03 |
| Dec 19, 2025 | Dec 23, 2025 | $0.04 |
| Sep 19, 2025 | Sep 23, 2025 | $0.04 |
| Jun 20, 2025 | Jun 24, 2025 | $0.04 |
| Mar 21, 2025 | Mar 25, 2025 | $0.04 |
| Dec 20, 2024 | Dec 24, 2024 | $0.05 |
| Sep 20, 2024 | Sep 24, 2024 | $0.04 |
| Jun 21, 2024 | Jun 25, 2024 | $0.05 |
| Mar 15, 2024 | Mar 20, 2024 | $0.03 |
| Dec 28, 2023 | Jan 3, 2024 | $0.03 |
FELG Risk
- 16.0%
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.
- 1.11
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.
- −23.9%
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.
- 1.25
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FELG Cost
- The middle half of US Active Growth funds
- Median 0.56%
1 of the 89 US Active Growth funds charge less.