Skip to content
etf.net

Launched

Fidelity Enhanced Large Cap Growth ETF

FELGNYSE ArcaFidelityA

$42.16+0.43 (+1.03%)

At close: Nov 3, 2026, 4:00 PM ET

A80/ 100

Rank 4 of 90 in US Active Growth

A80/100Rank 4 of 90inUS Active Growth
Intraday session: up, 79 prints from 41.73 to 42.16. Range 41.98 to 42.32. Use the arrow keys to read each point.41.8041.9042.0042.3010 AM12 PM2 PM4 PM
Expense ratio
0.18%
Fund size
$5.78B
1Y total return
−1.7%
Yield · Last 12 months
0.37%
Holdings
132
Avg volume · 30D
379K sh
52W range
low $35.92high $46.62
Launched

The ETF.net FELG Grade

A

Score 80 out of 100

Category
US Active Growth⁠
Rank
4 of 90
Six-pillar profile for FELG. Scores out of 100: Cost 99, Risk 51, Mission 82, Tradability 85, Holdings 52, Durability 95. Strongest: Cost (99). Weakest: Risk (51). Leans toward Cost and Durability.

Score 80 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.
    A99 out of 100
    Rank 1 of 90

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A82 out of 100
    Rank 4 of 27

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C51 out of 100
    Rank 39 of 85

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A85 out of 100
    Rank 1 of 90

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C52 out of 100
    Rank 53 of 90

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A95 out of 100
    Rank 1 of 90

Our read on FELG

ETF.net Research

In short

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.

Stated mandate

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.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

Holdings pillarC52 out of 100Rank 53 of 90 in US Active Growth
Asset class
Stocks
Holdings
132
Top-10 weight
58%
Largest holding
NVDA15.4%

Sectors

  • Technology58.7%
  • Communication14.6%
  • Industrials7.9%
  • Consumer Discretionary6.4%
  • Health Care6.1%
  • Financials5.5%
  • Materials0.5%
  • Energy0.2%
  • Consumer Staples0.1%
  • Real Estate0.1%
  • Utilities0.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 9.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1NVDANVIDIA Corp15.38%4,090,193$837M847
2AAPLApple Inc8.95%1,413,392$487M723
3GOOGLAlphabet Inc Class A6.58%1,279,833$358M703
4MSFTMicrosoft Corp5.48%571,030$298M821
5AVGOBroadcom Inc4.52%754,784$246M749
6LLYEli Lilly & Co4.15%159,244$226M594
7MUMicron Technology Inc3.59%221,053$196M684
8METAMeta Platforms Inc Class A3.48%308,034$189M708
9TSLATesla Inc3.08%419,511$168M527
10GOOGAlphabet Inc Class C2.65%517,669$144M478
11AMDAdvanced Micro Devices Inc2.10%225,975$114M638
12MAMastercard Inc Class A1.93%164,489$105M535
13VVisa Inc Class A1.60%210,077$86.9M561
14GEGe Aerospace1.43%257,241$77.6M405
15TXNTexas Instruments Inc1.40%253,957$76.4M516

Showing 1–15 of 132 holdings

FELG Performance

Launched Apr 19, 2007

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.
FELG$9,832
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. FELG $9,832. SPY $11,146. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

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.

Trailing total return for FELG. Periods over one year show the average yearly return.
PeriodFELG
Year to date+0.4%
1 month−8.7%
3 months−1.8%
1 year−1.7%
3 yearsHistory unavailableper yearNo data
5 yearsHistory unavailableper yearNo data
10 yearsHistory unavailableper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FELG
YearReturn barFELG
2026 YTD+0.4%
2025+18.4%
2024+35.4%
2023+4.2%

History from Nov 20, 2023

FELG in the news

FELG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
0.37%Last 12 months
Payout per share
$0.16Last 12 months
Last payment
$0.04 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2023–2026

One bar per payment. 14 payments from 2023 to 2026 YTD. Oct 13, 2023 $0.14; Nov 14, 2023 $0.04; Dec 28, 2023 $0.03; Mar 15, 2024 $0.03; Jun 21, 2024 $0.05; Sep 20, 2024 $0.04; Dec 20, 2024 $0.05; Mar 21, 2025 $0.04; Jun 20, 2025 $0.04; Sep 19, 2025 $0.04; Dec 19, 2025 $0.04; Mar 20, 2026 $0.03; Jun 18, 2026 $0.05; Sep 18, 2026 $0.04. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.04
Jun 18, 2026Jun 23, 2026$0.05
Mar 20, 2026Mar 24, 2026$0.03
Dec 19, 2025Dec 23, 2025$0.04
Sep 19, 2025Sep 23, 2025$0.04
Jun 20, 2025Jun 24, 2025$0.04
Mar 21, 2025Mar 25, 2025$0.04
Dec 20, 2024Dec 24, 2024$0.05
Sep 20, 2024Sep 24, 2024$0.04
Jun 21, 2024Jun 25, 2024$0.05
Mar 15, 2024Mar 20, 2024$0.03
Dec 28, 2023Jan 3, 2024$0.03

See all 14 payments⁠

$10,000 in FELG 3 years ago paid $199 in dividends.⁠

FELG Risk

Risk pillarC51 out of 100Rank 39 of 85 in US Active Growth
How much the fund’s monthly returns vary, scaled to a year.
16.3%
Annualised · 35 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.93
vs 3-month T-bills · 35 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−23.9%
35 months · trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
1.23
vs its asset-class index
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.

FELG Cost

Tied cheapest in US Active Growth

$3,749

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FELG 0.18%

    $3,749

$10,000
30 years

Cost over time

  • FELG 0.18%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530FELG $3,749

Year by year

YearFELG
10$328
20$1,281
30$3,749

Other funds in US Active Growth

See others