Skip to content
etf.net

Launched · SEC filings

Fidelity Fundamental Large Cap Growth ETF

FFLGCboeFidelityB

$30.71−0.42 (−1.34%)

At close: Nov 2, 2026, 4:00 PM ET

B67/ 100

Rank 12 of 90 in US Active Growth

B67/100Rank 12 of 90inUS Active Growth
Intraday session: down, 78 prints from 31.13 to 30.71. Range 30.69 to 31.53. Use the arrow keys to read each point.31.0031.4010 AM12 PM2 PM4 PM
Expense ratio
0.38%
Fund size
$635M
1Y total return
+2.2%
Yield · Last 12 months
0.07%
Holdings
101
Avg volume · 30D
98.4K sh
52W range
low $26.40high $35.33
Launched
Filings
SEC EDGAR

The ETF.net FFLG Grade

B

Score 67 out of 100

Category
US Active Growth⁠
Rank
12 of 90
Six-pillar profile for FFLG. Scores out of 100: Cost 88, Risk 41, Mission 73, Tradability 61, Holdings 46, Durability 81. Strongest: Cost (88). Weakest: Risk (41). Leans toward Cost.

Score 67 of 100 falls in the B 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.
    A88 out of 100
    Rank 10 of 90

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A73 out of 100
    Rank 12 of 27

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C41 out of 100
    Rank 58 of 85

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B61 out of 100
    Rank 28 of 90

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C46 out of 100
    Rank 63 of 90

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A81 out of 100
    Rank 13 of 90

Our read on FFLG

ETF.net Research

In short

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.

Stated mandate

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.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 Performance

Launched Feb 2, 2021

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.
FFLG$10,224
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. FFLG $10,224. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 FFLG. Periods over one year show the average yearly return.
PeriodFFLG
Year to date+4.0%
1 month−8.6%
3 months−2.4%
1 year+2.2%
3 yearsper year+25.7%
5 yearsper year+7.8%
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 FFLG
YearReturn barFFLG
2026 YTD+4.0%
2025+19.6%
2024+32.3%
2023+51.1%
2022−37.9%
2021+1.7%

History from Feb 4, 2021

FFLG in the news

FFLG 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 Oct 30, 2026.
0.07%Last 12 months
Payout per share
$0.02Last 12 months
Last payment
$0.01 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2021–2026

One bar per payment. 12 payments from 2021 to 2026 YTD. Dec 28, 2021 $0.11; Dec 27, 2022 $0.19; Dec 22, 2023 $0.17; Sep 20, 2024 $0.007; Dec 20, 2024 $0.02; Mar 21, 2025 $0.001; Jun 20, 2025 $0.007; Sep 19, 2025 $0.03; Dec 19, 2025 $0.004; Mar 20, 2026 $0.002; Jun 18, 2026 $0.007; Sep 18, 2026 $0.01. Use the arrow keys to read each point.202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.01
Jun 18, 2026Jun 23, 2026$0.007
Mar 20, 2026Mar 24, 2026$0.002
Dec 19, 2025Dec 23, 2025$0.004
Sep 19, 2025Sep 23, 2025$0.03
Jun 20, 2025Jun 24, 2025$0.007
Mar 21, 2025Mar 25, 2025$0.001
Dec 20, 2024Dec 24, 2024$0.02
Sep 20, 2024Sep 24, 2024$0.007
Dec 22, 2023Dec 29, 2023$0.17
Dec 27, 2022Dec 30, 2022$0.19
Dec 28, 2021Dec 31, 2021$0.11

$10,000 in FFLG 5 years ago paid $251 in dividends.

FFLG Risk

Risk pillarC41 out of 100Rank 58 of 85 in US Active Growth
How much the fund’s monthly returns vary, scaled to a year.
20.1%
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.
1.03
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.
−44.5%
Trough Oct 2022
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.
1.34
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.

FFLG Cost

Compare FFLG and FELG

Overpaying vs FELG, tied cheapest in US Active Growth

$3,957

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

  • FFLG 0.38%

    $7,706

  • FELG 0.18% Tied cheapest

    $3,749

$10,000
30 years

Cost over time

  • FFLG 0.38%
  • FELG 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530FFLG $7,706FELG $3,749

Year by year

YearFFLGFELGOverpaying
10$688$328$360
20$2,658$1,281$1,377
30$7,706$3,749$3,957

Other funds in US Active Growth

See others