Fidelity Fundamental Large Cap Growth ETF
$34.09−0.47 (−1.35%)
- Expense ratio
- 0.38%
- Fund size
- $611M
- 1Y return
- +16.1%
- Yield · Last 12 months
- 0.07%
- Holdings
- 102
- Volume · 30D
- 0.1M sh
- NAV per share
- $34.29
- 52W range
The ETF.net FFLG Grade
Score 69 of 100 sits in the B 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 86Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 72Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 46Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 70Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 49Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 82Category rank
Our read on FFLG
BFidelity hands its portfolio managers' highest-conviction large-cap growth ideas to a quantitative construction process, which builds them into a roughly 100-stock portfolio. Human picks, machine sizing, at a below-median fee.
The fund seeks long-term capital growth through a diversified domestic large-cap growth equity strategy. Its process combines Fidelity portfolio managers’ fundamental research and high-conviction ideas with quantitative portfolio construction.
Why people hold it
- Charges 0.38% a year, under the median fee for active large-cap growth funds in its peer group.
- The mandate is unusually specific: fundamental research and high-conviction ideas, then quantitative portfolio construction across roughly 100 domestic large-cap growth names.institutional.fidelity.com
- Sits in the top quartile of its active US growth cohort, with a live record dating to its 2021 launch and quarterly distributions.
Worth knowing
- This is one slice of the market. A domestic large-cap growth book moves with growth stocks, which can look nothing like the broad index in a given stretch.
- Fidelity's own FELG covers large-cap growth at 0.18%, so the in-house index-plus route costs less than this stock-picking one.
- Mid-sized and moderately traded, so spreads can run wider than at the category's largest funds.
FFLG Holdings
- Stocks
- 102
- 58%
- NVDA
Sectors
- Technology54.8%
- Communication15.9%
- Industrials7.8%
- Health Care7.4%
- Consumer Discr.7.4%
- Financials3.1%
- Materials1.3%
- Real Estate0.7%
- Energy0.7%
- Cons. Staples0.5%
- Utilities0.4%
Geography
- United States93.80%
- Taiwan2.62%
- Canada0.89%
- Netherlands0.81%
- United Kingdom0.52%
- Singapore0.36%
- Switzerland0.33%
- Australia0.23%
- 0.44%
FFLG 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 | FFLG |
|---|---|
| Year to date | +15.5% |
| 1 month | +4.6% |
| 3 months | +0.4% |
| 1 year | +16.1% |
| 3 years | +29.1% |
| 5 years | +10.5% |
| 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 | FFLG |
|---|---|---|
| 2026 YTD | +15.5% | |
| 2025 | +19.6% | |
| 2024 | +32.3% | |
| 2023 | +51.1% | |
| 2022 | −37.9% | |
| 2021 | +1.7% |
FFLG in the news
ETF.net Research hasn’t filed on FFLG yet — coverage lands here as it’s written.
FFLG Dividends
- 0.07%
- $0.02
- $0.01 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Sep 22, 2026 | $0.01 |
| Jun 18, 2026 | Jun 23, 2026 | $0.007 |
| Mar 20, 2026 | Mar 24, 2026 | $0.002 |
| Dec 19, 2025 | Dec 23, 2025 | $0.004 |
| Sep 19, 2025 | Sep 23, 2025 | $0.03 |
| Jun 20, 2025 | Jun 24, 2025 | $0.007 |
| Mar 21, 2025 | Mar 25, 2025 | $0.001 |
| Dec 20, 2024 | Dec 24, 2024 | $0.02 |
| Sep 20, 2024 | Sep 24, 2024 | $0.007 |
| Dec 22, 2023 | Dec 29, 2023 | $0.17 |
| Dec 27, 2022 | Dec 30, 2022 | $0.19 |
| Dec 28, 2021 | Dec 31, 2021 | $0.11 |
FFLG Risk
- 19.8%
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.
- 0.98
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.
- −44.5%
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.
- 1.32
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FFLG Cost
- The middle half of US Active Growth funds
- Median 0.56%
11 of the 89 US Active Growth funds charge less.