Fidelity Enhanced Large Cap Growth ETF
$45.67+0.02 (+0.04%)
- 0.18%
- $5.8B
- +14.2%
- 0.34%
- 0.4M sh
- $45.66
- low $35.92high $46.62
The ETF.net FELG Grade
A
Score 82 out of 100
- 2 of 90
Score 82 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 100Rank 1 of 90Mission
Whether the fund did what it promised, tested against its stated mandate.A82 out of 100Rank 3 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C53 out of 100Rank 31 of 82Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A96 out of 100Rank 1 of 90Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C51 out of 100Rank 53 of 89Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A95 out of 100Rank 1 of 90
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
- 132
- 58%
- NVDA
Sectors
- Technology60.0%
- Communication15.5%
- Industrials8.1%
- Health Care5.3%
- Consumer Discretionary5.2%
- Financials5.0%
- Materials0.6%
- Energy0.2%
- Utilities0.1%
- Real Estate0.1%
- Consumer Staples0.0%
Geography
- United States98.07%
- Ireland1.01%
- Australia0.37%
- Singapore0.32%
- United Kingdom0.17%
- Cayman Islands0.06%
FELG 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.
FELG$11,424
Returns run to the Oct 12, 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 | +9.8% |
| 1 month | +3.6% |
| 3 months | +3.4% |
| 1 year | +14.2% |
| 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 | +9.8% | |
| 2025 | +18.4% | |
| 2024 | +35.4% | |
| 2023 | +4.2% |
FELG in the news
FELG Dividends
- 0.34%
- $0.16
- $0.04 per share
- Quarterly
Distribution history
FELG Risk
- 15.8%
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.
- 1.14
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.
- 1.23
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
0.18%
FELG0.18%
- The middle half of US Active Growth funds
- Median 0.56%
No US Active Growth fund charges less.
Other funds in US Active Growth
- AJUSAJPMorgan U.S. Research Enhanced Large Cap ETFExpense ratio 0.18%1 year return +19.4%
- AGUSEGoldman Sachs Enhanced U.S. Equity ETFExpense ratio 0.30%1 year return —
- ALRGCAB US Large Cap Strategic Equities ETFExpense ratio 0.39%1 year return +16.3%
- AMAGSRoundhill Magnificent Seven ETFExpense ratio 0.30%1 year return +19.6%
- AGQQQEA Series Trust - Astoria US Quality Growth Kings ETFExpense ratio 0.35%1 year return +26.8%