AEMG vs FELG: Grades, Fees and Holdings Compared

Harbor AlphaEdge Mid Cap Growth ETF

AEMG—NYSE Arca

Fidelity Enhanced Large Cap Growth ETF

FELGANYSE Arca

Overlap

4.9%by weight

Expense ratio

FELG −0.20pt a year

AEMG0.38%FELG0.18%

Avg volume · 30D

FELG 165.2×the volume

AEMG2.23KFELG368K

AEMG vs FELG Performance

Oct 6, 2026 – Nov 6, 2026

−13.6%AEMG−13.8%FELG

Expense ratio: AEMG 0.38%; FELG 0.18%, better
Fund size: AEMG $2M; FELG $5.44B
1Y total return: AEMG No data; FELG −3.2%
Yield (12M): AEMG No data; FELG 0.39%
Holdings: AEMG 123; FELG 136
Avg volume (30D): AEMG 2.23K sh; FELG 368K sh, better
NAV per share: AEMG $17.49; FELG $39.99
52W range

ETF.net Grade

—AEMGNot yet graded

Pillar letters and Scores for AEMG, FELG, with each pillar’s weight
Pillar	AEMG	FELG
Cost30% weight	Not scored	A99
Mission25% weight	Not scored	A82
Risk15% weight	Not scored	C53
Tradability15% weight	Not scored	A86
Holdings10% weight	Not scored	C53
Durability5% weight	Not scored	A95

Rank among US Active Growth funds

How we build Categories ›

US Active Growth⁠

Category · 90 funds

See all 90 ›

FELG ranks 4th of 90 funds in the US Active Growth Category.

Rank 1AJUSAJPMorgan U.S. Research Enhanced Large Cap ETFScore 86
Rank 2AGUSEGoldman Sachs Enhanced U.S. Equity ETFScore 84
Rank 3ALRGCAB US Large Cap Strategic Equities ETFScore 83
Rank 4AFELGFidelity Enhanced Large Cap Growth ETFScore 80
Rank 5AGQQQAstoria US Quality Growth Kings ETFScore 77
AEMGNot yet graded

Our read on each fund

ETF.net Research

AEMG—Harbor AlphaEdge Mid Cap Growth ETF

FELGAFidelity Enhanced Large Cap Growth ETF

In short

AEMG No data

FELG Active stock-picking on an index-fund budget. FELG charges 0.18% to tilt around the Russell 1000 Growth Index rather than copy it, running a strategy whose track record dates to 2007.

Stated mandate

AEMG No data

FELG The fund seeks capital appreciation and normally invests at least 80% of its assets in common stocks included in the Russell 1000® Growth Index.

Why people hold it

AEMG No data

FELG 0.18% a year, roughly a third of the typical fee among active US growth-conviction funds.
Not a moonshot: at least 80% of assets sit in Russell 1000 Growth constituents across about 110 stocks, so the manager's bets are tilts around a familiar benchmark.fidelity.com
One of the strongest implementations in its peer group, and cheaper than most of the other top-graded names there (GUSE and MAGS at 0.30%, LRGC at 0.39%).
A multi-billion-dollar fund from Fidelity with steady on-screen liquidity, and it pays quarterly.

Worth knowing

AEMG No data

FELG Concentrated by design: roughly 110 large-cap growth names, so the megacap tech leaders at the top of the Russell 1000 Growth Index drive the ride both ways.
Active means the portfolio deviates from the index on purpose, so results can land on either side of it.
Not the cheapest seat in the cohort: JUSA runs 0.12%, though its mandate is broad large-cap rather than the growth slice.

Full AEMG profile⁠

Full FELG profile⁠

AEMG vs FELG Holdings

How AEMG and FELG differ

Overlap by weight

4.9%

Shared holdings make up 31.0% of AEMG and 5.1% of FELG.

Level by level

Holdings23 in both4.9%
Sector11 Sectors71.1%
Countryby domicile96.8%
Asset classStocks100%

Sector

Sector weights in AEMG and FELG, widest gap first
Sector	Gap	AEMG	FELG
Technology	FELG +18.4 points	38.2%	56.6%
Communication	FELG +10.4 points	3.6%	14.0%
Health Care	AEMG +8.2 points	14.8%	6.6%
Consumer Discretionary	AEMG +6.2 points	12.3%	6.1%
Industrials	AEMG +4.8 points	13.5%	8.7%
Energy	AEMG +4.3 points	4.5%	0.2%
Financials	AEMG +1.4 points	7.8%	6.4%
Materials	AEMG +1.4 points	2.0%	0.6%
Real Estate	AEMG +1.1 points	1.2%	0.1%
Utilities	AEMG +0.9 points	0.9%	0.0%
Consumer Staples	AEMG +0.6 points	1.2%	0.6%

Country, concentration and asset class

Country by domicile

Country weights in AEMG and FELG, widest gap first
Country	Gap	AEMG	FELG
United States	FELG +3.2 points	96.8%	100.0%
Switzerland	AEMG +1.0 points	1.0%	0.0%
China	AEMG +1.0 points	1.0%	0.0%
United Kingdom	AEMG +0.8 points	0.8%	0.0%
Mexico	AEMG +0.5 points	0.5%	0.0%

Concentration

Weight in the 10 largest Holdings

AEMG26.1%
FELG57.7%

Securities held

AEMG123
FELG135

Asset class

AEMG: Stocks
FELG: Stocks

Holdings

Only in AEMG100
In both23
Only in FELG112

Only in AEMG

100 securities, 69.0% of AEMG by weight

Ameriprise Financial Inc2.97%
Manhattan Associates Inc2.73%
Dexcom Inc2.07%
Chipotle Mexican Grill Inc1.86%
United Therapeutics Corp1.71%
Teradyne Inc1.64%
Anglogold Ashanti PLC1.61%
Halozyme Therapeutics Inc1.46%
State Street Corp1.43%
Ati Inc1.41%
Everpure Inc-A1.38%
Host Hotels & Resorts Inc1.30%
Gartner Inc1.29%
Astera Labs Inc1.22%
Sei Investments Company1.18%
Roblox Corp -Class A1.15%
Godaddy Inc - Class A1.12%
Williams-Sonoma Inc1.11%
Dropbox Inc-Class A1.02%
Garmin Ltd1.02%
Cardinal Health Inc1.00%
Te Connectivity PLC0.96%
Mueller Industries Inc0.95%
Target Corp0.92%
Bio-Techne Corp0.91%
Credo Technology Group Holdi0.89%
Autodesk Inc0.89%
Victory Capital Holding - A0.87%
Mgic Investment Corp0.82%
Lattice Semiconductor Corp0.82%
Axon Enterprise Inc0.81%
Ametek Inc0.80%
Viking Holdings Ltd0.78%
H&R Block Inc0.76%
Brinker International Inc0.75%
Reddit Inc-Cl A0.73%
Tapestry Inc0.71%
Coreweave Inc-Cl A0.68%
Emcor Group Inc0.68%
Toast Inc-Class A0.67%
Sunbelt Rentals Holdings Inc0.64%
Deckers Outdoor Corp0.62%
Nucor Corp0.60%
West Pharmaceutical Services0.58%
Affiliated Managers Group0.56%
Qualys Inc0.56%
Jabil Inc0.55%
Jack Henry & Associates Inc0.55%
Best Buy Co Inc0.53%
Zoetis Inc0.52%

Only in FELG

112 securities, 94.5% of FELG by weight

NVIDIA Corp14.57%
Apple Inc9.53%
Alphabet Inc Class A7.00%
Microsoft Corp6.00%
Broadcom Inc4.31%
Eli Lilly & Co4.17%
Meta Platforms Inc Class A3.65%
Micron Technology Inc2.87%
Tesla Inc2.84%
Alphabet Inc Class C2.77%
Mastercard Inc Class A2.12%
Visa Inc Class A1.85%
Advanced Micro Devices Inc1.73%
Ge Aerospace1.59%
Texas Instruments Inc1.25%
Ge Vernova Inc1.15%
Netflix Inc1.11%
Crowdstrike Holdings Inc0.93%
Palantir Technologies Inc0.89%
Caterpillar Inc0.88%
Amphenol Corporation Class A0.87%
Airbnb Inc Class A0.81%
Trane Technologies PLC0.80%
Adobe Inc0.79%
Applied Materials Inc0.74%
Western Digital Corp0.72%
Amazon.com Inc0.68%
Kla Corp0.66%
Fortinet Inc0.65%
Unity Software Inc0.64%
Uber Technologies Inc0.63%
Sandisk Corporation0.62%
Schwab Charles Corp0.60%
Howmet Aerospace Inc0.59%
Bristol-Myers Squibb Co0.57%
Bank of New York Mellon Corp0.57%
Ecolab Inc0.57%
Gilead Sciences Inc0.57%
Rtx Corp0.54%
Bank of America Corporation0.54%
Cisco Systems Inc0.45%
Chime Financial Inc0.43%
Lam Research Corp0.42%
Vertiv Holdings Co0.41%
Lyft Inc0.41%
Veralto Corp0.39%
Securities Lending Cf0.39%
Palo Alto Networks Inc0.37%
Travere Therapeutics Inc0.32%
Eaton Corp PLC0.31%

Weight gaps

All 23 Holdings in both funds, largest gap first.

Holding weights in AEMG and FELG, widest gap first
Holding	Gap	AEMG	FELG
Marathon Petroleum CorpMPC	AEMG +3.38 points	3.39%	<0.01%
Comfort Systems Usa IncFIX	AEMG +3.35 points	3.75%	0.40%
Snowflake IncSNOW	AEMG +2.67 points	3.16%	0.49%
Datadog Inc - Class ADDOG	AEMG +1.95 points	2.03%	0.08%
Expedia Group IncEXPE	AEMG +1.80 points	2.43%	0.63%
Netapp IncNTAP	AEMG +1.63 points	1.75%	0.12%
Exelixis IncEXEL	AEMG +1.56 points	1.70%	0.14%
Natera IncNTRA	AEMG +1.50 points	1.66%	0.16%
Atlassian Corp-Cl ATEAM	AEMG +1.18 points	1.75%	0.57%
Maplebear IncCART	AEMG +1.08 points	1.33%	0.25%
Mongodb IncMDB	AEMG +0.90 points	0.98%	0.08%
Rocket Lab CorpRKLB	AEMG +0.87 points	0.89%	0.02%
Incyte CorpINCY	AEMG +0.85 points	1.20%	0.35%
Vistra CorpVST	AEMG +0.79 points	0.84%	0.05%
Docusign IncDOCU	AEMG +0.78 points	1.05%	0.27%
Nvent Electric PLCNVT	AEMG +0.67 points	0.70%	0.03%
Heico CorpHEI	AEMG +0.58 points	0.58%	<0.01%
Roku IncROKU	AEMG +0.25 points	0.33%	0.08%
Hinge Health Inc-AHNGE	AEMG +0.23 points	0.34%	0.11%
Hubspot IncHUBS	FELG +0.13 points	0.28%	0.41%
Ciena CorpCIEN	FELG +0.08 points	0.20%	0.28%
Technipfmc PLCFTI	AEMG +0.04 points	0.24%	0.20%
Keysight Technologies InKEYS	FELG +0.01 points	0.37%	0.38%

All 125 AEMG holdings⁠All 109 FELG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AEMG vs FELG Cost

Overpaying AEMG vs FELG

$3,957

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

AEMG 0.38%
$7,706
FELG 0.18%
$3,749

Amount$10,000

Years30 years

Cost over time

AEMG 0.38%
FELG 0.18%
Overpaying

Year by year

Year	AEMG	FELG	Overpaying
10	$688	$328	$360
20	$2,658	$1,281	$1,377
30	$7,706	$3,749	$3,957

Expense ratio

0.38%AEMG
0.18%FELG, cheaper

FELG0.18%AEMG0.38%

0.18%2.83%

Middle half of US Active Growth funds
Median 0.55%

FELG cheapest of 90 funds

AEMG 10th cheapest of 90 funds

AEMG vs FELG Dividends

Last 12 months to Nov 6, 2026

Yield (12M): AEMG No data; FELG 0.39%
Payout (12M): AEMG None; FELG $0.16
Last payment: AEMG No data; FELG $0.04
Ex-dividend: AEMG No data; FELG Sep 18, 2026
Paid on: AEMG No data; FELG Sep 22, 2026
Frequency: AEMG No data; FELG Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

AEMGAll AEMG payments⁠

No distribution history available.

FELGQuarterly · 14 paymentsAll FELG payments⁠

AEMG vs FELG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AEMG No dataFELG 16.3%since Dec 2023
Return per unit of riskSharpe ratio, 3 years: AEMG No dataFELG 0.93since Dec 2023
Worst fallMax drawdown, 5 years: AEMG No dataFELG −23.9%since Nov 2023
Market sensitivityBeta, 5 years: AEMG 0.00FELG 1.26; Market = 1

AEMG and FELG in the news

All news⁠

ETF Filings
BlackRock files to convert Advantage Large Cap Growth into a 0.22% ETF
Sep 29, 2026FELG

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AEMG vs FELG

In short

Stated mandate

Why people hold it

Worth knowing

How AEMG and FELG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AEMG

Only in FELG

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

BlackRock files to convert Advantage Large Cap Growth into a 0.22% ETF

How AEMG and FELG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AEMG

Only in FELG

Weight gaps