Fidelity Fundamental Large Cap Growth ETF
$34.25−0.03 (−0.07%)
- 0.38%
- $635M
- +19.3%
- 0.07%
- 0.1M sh
- $34.22
- low $26.40high $35.33
The ETF.net FFLG Grade
B
Score 69 out of 100
- 11 of 90
Score 69 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.A87 out of 100Rank 11 of 90Mission
Whether the fund did what it promised, tested against its stated mandate.A71 out of 100Rank 12 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C45 out of 100Rank 47 of 82Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A71 out of 100Rank 14 of 90Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C45 out of 100Rank 62 of 89Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A81 out of 100Rank 12 of 90
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
- 103
- 58%
- NVDA
Sectors
- Technology57.4%
- Communication15.5%
- Industrials7.5%
- Health Care7.5%
- Consumer Discretionary6.4%
- Financials2.8%
- Materials0.8%
- Energy0.6%
- Real Estate0.6%
- Consumer Staples0.4%
- Utilities0.4%
Geography
- United States93.64%
- Taiwan (Province of China)2.77%
- Canada1.13%
- Netherlands0.75%
- Singapore0.54%
- Switzerland0.31%
- United Kingdom0.28%
- Bermuda0.19%
- 0.39%
FFLG 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.
FFLG$11,930
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 | FFLG |
|---|---|
| Year to date | +14.5% |
| 1 month | +3.5% |
| 3 months | +1.0% |
| 1 year | +19.3% |
| 3 years | +27.3% |
| 5 years | +11.2% |
| 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 | +14.5% | |
| 2025 | +19.6% | |
| 2024 | +32.3% | |
| 2023 | +51.1% | |
| 2022 | −37.9% | |
| 2021 | +1.7% |
FFLG in the news
FFLG Dividends
- 0.07%
- $0.02
- $0.01 per share
- Quarterly
Distribution history
FFLG Risk
- 19.4%
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.
- 1.15
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
0.38%
FFLG0.38%
- The middle half of US Active Growth funds
- Median 0.56%
10 of the 90 US Active Growth funds charge less.
Other funds in US Active Growth
- ANSIGNorth Square Growth Opportunities ETFExpense ratio 0.38%1 year return —
- BESLGEventide Large Cap Growth ETFExpense ratio 0.39%1 year return +16.1%
- BSXQGETC 6 Meridian Quality Growth ETFExpense ratio 0.31%1 year return +5.0%
- BAGRWAllspring LT Large Growth ETFExpense ratio 0.35%1 year return +14.1%
- BJGROJPMorgan Active Growth ETFExpense ratio 0.44%1 year return +6.6%