Fidelity Fundamental Large Cap Core ETF
$59.84+0.01 (+0.02%)
- 0.38%
- $1.2B
- +18.6%
- 1.00%
- 0.1M sh
- $59.80
- low $49.40high $61.14
The ETF.net FFLC Grade
A
Score 71 out of 100
- 16 of 127
Score 71 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.A78 out of 100Rank 28 of 127Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C54 out of 100Rank 61 of 126Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A76 out of 100Rank 23 of 127Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B63 out of 100Rank 55 of 124Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A85 out of 100Rank 14 of 127
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
- 119
- 43%
- NVDA
Sectors
- Technology35.6%
- Financials10.9%
- Consumer Discretionary10.4%
- Communication10.2%
- Industrials9.8%
- Health Care9.6%
- Energy4.7%
- Consumer Staples4.3%
- Materials2.3%
- Utilities1.2%
- Real Estate1.0%
Geography
- United States90.13%
- United Kingdom3.01%
- Taiwan2.34%
- South Korea1.28%
- Switzerland0.93%
- Canada0.74%
- Netherlands0.59%
- Germany0.32%
- 0.65%
FFLC 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.
FFLC$11,857
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 | FFLC |
|---|---|
| Year to date | +12.9% |
| 1 month | +0.5% |
| 3 months | +0.8% |
| 1 year | +18.6% |
| 3 years | +23.2% |
| 5 years | +16.9% |
| 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 | +12.9% | |
| 2025 | +17.7% | |
| 2024 | +27.9% | |
| 2023 | +25.1% | |
| 2022 | 0.0% | |
| 2021 | +24.5% | |
| 2020 | +14.9% |
FFLC in the news
FFLC Dividends
- 1.00%
- $0.60
- $0.13 per share
- Quarterly
Distribution history
FFLC Risk
- 13.3%
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.
- 1.32
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
0.38%
FFLC0.38%
- The middle half of US Active Equity funds
- Median 0.70%
26 of the 123 US Active Equity funds charge less.
Other funds in US Active Equity
- AFEACFidelity Covington Trust - Fidelity Enhanced U.S. All-Cap Equity ETFExpense ratio 0.18%1 year return +21.9%
- AAAUSEA Series Trust - Alpha Architect US Equity ETFExpense ratio 0.09%1 year return +18.9%
- ALCAPPrincipal Capital Appreciation Select ETFExpense ratio 0.29%1 year return +20.6%
- AMODLVictoryShares WestEnd U.S. Sector ETFExpense ratio 0.49%1 year return +18.2%
- APJUSPGIM ETF Trust - PGIM Jennison U.S Core Equity ETFExpense ratio 0.19%1 year return —