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Launched

Fidelity Fundamental Large Cap Core ETF

FFLCCboeFidelityA

$57.67−0.43 (−0.75%)

As of Nov 10, 2026, 11:20 AM ET

A72/ 100

Rank 16 of 125 in US Active Equity

A72/100Rank 16 of 125inUS Active Equity
Intraday session: down, 23 prints from 58.11 to 57.67. Range 57.60 to 58.04. Use the arrow keys to read each point.57.6057.8057.9058.0010 AM12 PM2 PM4 PM
Expense ratio
0.38%
Fund size
$1.24B
1Y total return
+12.5%
Yield · Last 12 months
1.03%
Holdings
125
Avg volume · 30D
97.9K sh
52W range
low $49.40high $61.14
Launched

The ETF.net FFLC Grade

Based on 5 of 6 pillars

A

Score 72 out of 100

Category
US Active Equity⁠
Rank
16 of 125
Six-pillar profile for FFLC. Scores out of 100: Cost 77, Risk 58, Mission not scored, Tradability 76, Holdings 64, Durability 85. Strongest: Durability (85). Weakest: Risk (58). Based on 5 of 6 pillars.

Score 72 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.
    A77 out of 100
    Rank 29 of 125

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B58 out of 100
    Rank 50 of 125

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A76 out of 100
    Rank 24 of 125

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B64 out of 100
    Rank 52 of 123

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A85 out of 100
    Rank 12 of 125

Our read on FFLC

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Jun 2, 2020

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$11,252
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. FFLC $11,252. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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 FFLC. Periods over one year show the average yearly return.
PeriodFFLC
Year to date+9.6%
1 month−2.9%
3 months−3.6%
1 year+12.5%
3 yearsper year+21.9%
5 yearsper year+15.2%
10 yearsFund is under 10 years oldper 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 FFLC
YearReturn barFFLC
2026 YTD+9.6%
2025+17.7%
2024+27.9%
2023+25.1%
20220.0%
2021+24.5%
2020+14.9%

History from Jun 5, 2020

FFLC in the news

FFLC 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 9, 2026.
1.03%Last 12 months
Payout per share
$0.60Last 12 months
Last payment
$0.13 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2020–2026

One bar per payment. 27 payments from 2020 to 2026 YTD. Jun 19, 2020 $0.02; Sep 18, 2020 $0.06; Dec 18, 2020 $0.14; Dec 30, 2020 $0.007; Mar 19, 2021 $0.09; Jun 18, 2021 $0.09; Sep 17, 2021 $0.09; Dec 17, 2021 $0.23; Mar 18, 2022 $0.09; Jun 17, 2022 $0.12; Sep 16, 2022 $0.13; Dec 16, 2022 $0.15; Mar 17, 2023 $0.08; Jun 16, 2023 $0.04; Sep 15, 2023 $0.04; Dec 15, 2023 $0.04; Mar 15, 2024 $0.06; Jun 21, 2024 $0.11; Sep 20, 2024 $0.11; Dec 20, 2024 $0.10; Mar 21, 2025 $0.12; Jun 20, 2025 $0.13; Sep 19, 2025 $0.11; Dec 19, 2025 $0.23; Mar 20, 2026 $0.12; Jun 18, 2026 $0.13; Sep 18, 2026 $0.13. Use the arrow keys to read each point.2020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.13
Jun 18, 2026Jun 23, 2026$0.13
Mar 20, 2026Mar 24, 2026$0.12
Dec 19, 2025Dec 23, 2025$0.23
Sep 19, 2025Sep 23, 2025$0.11
Jun 20, 2025Jun 24, 2025$0.13
Mar 21, 2025Mar 25, 2025$0.12
Dec 20, 2024Dec 24, 2024$0.10
Sep 20, 2024Sep 24, 2024$0.11
Jun 21, 2024Jun 25, 2024$0.11
Mar 15, 2024Mar 20, 2024$0.06
Dec 15, 2023Dec 20, 2023$0.04

See all 27 payments⁠

$10,000 in FFLC 5 years ago paid $748 in dividends.⁠

FFLC Risk

Risk pillarB58 out of 100Rank 50 of 125 in US Active Equity
How much the fund’s monthly returns vary, scaled to a year.
13.2%
Annualised · 36 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.
1.34
vs 3-month T-bills · 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.
−19.7%
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.
0.99
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.

FFLC Cost

Compare FFLC and TACU

Overpaying vs TACU, cheapest in US Active Equity

$7,706

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

  • FFLC 0.38%

    $7,706

  • TACU 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • FFLC 0.38%
  • TACU 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530FFLC $7,706TACU $0

Year by year

YearFFLCTACUOverpaying
10$688$0$688
20$2,658$0$2,658
30$7,706$0$7,706

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