Fidelity Fundamental Large Cap Core ETF
$59.69−0.48 (−0.80%)
- Expense ratio
- 0.38%
- Fund size
- $1.2B
- 1Y return
- +16.3%
- Yield · Last 12 months
- 1.00%
- Holdings
- 103
- Volume · 30D
- 0.1M sh
- NAV per share
- $60.09
- 52W range
The ETF.net FFLC Grade
Score 74 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 78Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 56Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 85Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 67Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 86Category rank
Our read on FFLC
AFidelity's stock pickers running large-cap core the old-fashioned way: roughly 100 names chosen by analysts, priced like a cheap fund rather than a premium active one. Human research, index-fund plumbing.
The fund seeks long-term growth of capital through investments in equity securities, pursuing a diversified domestic large-cap core strategy.
Why people hold it
- 0.38% for genuine active management, below the typical fee for active US stock ETFs. You're paying for the research desk, not the wrapper.
- About 100 holdings, actively chosen in pursuit of long-term capital growth. This is a real portfolio of decisions, not an index fund wearing an active label.
- A multi-billion-dollar fund that trades in reasonable size, so entering and exiting doesn't usually mean wrestling with a wide spread.
- Stands among the stronger builds in a crowded field of active US equity ETFs, where hundreds of funds compete for the same core slot.
Worth knowing
- Cheap for active, still pricier than systematic core rivals like FELC (0.18%) or AVLC (0.15%). That gap is the cost of human stock picking.
- With roughly 100 names, single positions carry real weight, so the ride can be bumpier than a 500-stock index fund in either direction.
- Active by design: the portfolio can look and behave quite differently from a plain large-cap index over any given stretch.
FFLC Holdings
- Stocks
- 103
- 42%
- NVDA
Sectors
- Technology33.2%
- Financials12.2%
- Industrials11.1%
- Consumer Discr.10.5%
- Communication10.2%
- Health Care9.2%
- Energy4.9%
- Cons. Staples4.3%
- Materials2.1%
- Utilities1.2%
- Real Estate1.1%
Geography
- United States90.50%
- United Kingdom2.90%
- Taiwan2.47%
- South Korea1.06%
- Switzerland0.97%
- Canada0.93%
- Netherlands0.46%
- Germany0.30%
- 0.41%
FFLC 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 | FFLC |
|---|---|
| Year to date | +13.5% |
| 1 month | +0.8% |
| 3 months | +2.2% |
| 1 year | +16.3% |
| 3 years | +23.9% |
| 5 years | +17.4% |
| 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 | FFLC |
|---|---|---|
| 2026 YTD | +13.5% | |
| 2025 | +17.7% | |
| 2024 | +27.9% | |
| 2023 | +25.1% | |
| 2022 | −0.0% | |
| 2021 | +24.5% | |
| 2020 | +14.9% |
FFLC in the news
ETF.net Research hasn’t filed on FFLC yet — coverage lands here as it’s written.
FFLC Dividends
- 1.00%
- $0.60
- $0.13 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Sep 22, 2026 | $0.13 |
| Jun 18, 2026 | Jun 23, 2026 | $0.13 |
| Mar 20, 2026 | Mar 24, 2026 | $0.12 |
| Dec 19, 2025 | Dec 23, 2025 | $0.23 |
| Sep 19, 2025 | Sep 23, 2025 | $0.11 |
| Jun 20, 2025 | Jun 24, 2025 | $0.13 |
| Mar 21, 2025 | Mar 25, 2025 | $0.12 |
| Dec 20, 2024 | Dec 24, 2024 | $0.10 |
| Sep 20, 2024 | Sep 24, 2024 | $0.11 |
| Jun 21, 2024 | Jun 25, 2024 | $0.11 |
| Mar 15, 2024 | Mar 20, 2024 | $0.06 |
| Dec 15, 2023 | Dec 20, 2023 | $0.04 |
FFLC Risk
- 13.8%
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.
- 1.17
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.
- −19.7%
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.
- 0.99
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FFLC Cost
- The middle half of US Active Equity funds
- Median 0.70%
26 of the 124 US Active Equity funds charge less.