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ARWG vs FELG

Archer Growth ETF

ARWGDCboe

Fidelity Enhanced Large Cap Growth ETF

FELGANYSE Arca

Overlap

Expense ratio

FELG −0.67pt a year

ARWG0.85%FELG0.18%

Avg volume · 30D

FELG 199.9×the volume

ARWG1.9KFELG379K

ARWG vs FELG Performance

Dec 31, 2025 – Oct 30, 2026

+2.3%ARWG+1.6%FELG

Dec 31, 2025 to Oct 30, 2026. ARWG +2.3%. FELG +1.6%. Use the arrow keys to read each point.−10%−5%10%Dec 2025Jun 2026Oct 2026
Expense ratio
ARWG 0.85%
FELG 0.18%, better
Fund size
ARWG $15M
FELG $5.78B
1Y total return
ARWG No data
FELG −0.5%
Yield (12M)
ARWG No data
FELG 0.37%
Holdings
ARWG 42
FELG 133
Avg volume (30D)
ARWG 1.9K sh
FELG 379K sh, better
NAV per share
ARWG $25.07
FELG $42.20
52W range

ETF.net Grade

ARWG: Cost 7, Risk 54, Mission not scored, Tradability 24, Holdings 89, Durability 11. FELG: Cost 99, Risk 51, Mission 82, Tradability 85, Holdings 52, Durability 95.
Pillar letters and Scores for ARWG, FELG, with each pillar’s weight
PillarARWGFELG
Cost30% weightF7A99Higher
Mission25% weightNot scoredA82
Risk15% weightC54HigherC51
Tradability15% weightF24A85Higher
Holdings10% weightA89HigherC52
Durability5% weightF11A95Higher

Rank among US Active Growth funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ARWG and FELG are both graded against the same 90 US Active Growth funds, so their Grades compare head to head.

US Active Growth⁠

Category · 90 funds
See all 90 ›

FELG ranks 4th and ARWG 79th of 90 funds in the US Active Growth Category.

  1. Rank 1AJUSAJPMorgan U.S. Research Enhanced Large Cap ETFScore 86
  2. Rank 2AGUSEGoldman Sachs Enhanced U.S. Equity ETFScore 84
  3. Rank 3ALRGCAB US Large Cap Strategic Equities ETFScore 81
  4. Rank 4AFELGFidelity Enhanced Large Cap Growth ETFScore 80
  5. Rank 5AGQQQAstoria US Quality Growth Kings ETFScore 77
  6. Rank 77DHYPGolden Eagle Dynamic Hypergrowth ETFScore 32
  7. Rank 79DARWGArcher Growth ETFScore 31
  8. Rank 79DNBGXNeuberger Growth ETFScore 31

Our read on each fund

ETF.net Research

ARWGDArcher Growth ETF

FELGAFidelity Enhanced Large Cap Growth ETF

In short

ARWG A boutique-run growth fund with a two-sided mandate: own US growth companies while writing capital preservation into the objective itself. Brand new, small, and priced like the active fund it is.

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

ARWG The Fund seeks long-term total returns while minimizing capital loss.

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

  • ARWG The stated objective pairs two goals that usually pull against each other: long-term total return and minimizing capital loss.
  • At least 80% of net assets goes to growth companies chosen for earnings potential, not index weight. Real stock picking across the US market.
  • Portfolio construction is where this fund holds up best against its active US growth peers.
  • 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

  • ARWG At 0.85% a year it costs more than the typical active US growth fund. Enhanced-index rivals like JUSA (0.12%) and FELG (0.18%) charge a fraction of that.
  • A small fund that trades thinly, so bid-ask spreads run wider than at the giants. Limit orders are standard practice with funds like this.
  • It launched at the end of 2025, so the loss-minimizing half of the mandate has a short record behind it compared with peers running for years.
  • 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 ARWG profile⁠

Full FELG profile⁠

ARWG vs 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.

ARWG vs FELG Cost

Overpaying ARWG vs FELG

$12,450

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

  • ARWG 0.85%

    $16,199

  • FELG 0.18%

    $3,749

$10,000
30 years

Cost over time

  • ARWG 0.85%
  • FELG 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530ARWG $16,199FELG $3,749

Year by year

YearARWGFELGOverpaying
10$1,508$328$1,180
20$5,706$1,281$4,425
30$16,199$3,749$12,450

Expense ratio

  • 0.85%ARWG
  • 0.18%FELG, cheaper
  • Middle half of US Active Growth funds
  • Median 0.55%

FELG cheapest of 90 funds

ARWG 82nd cheapest of 90 funds

ARWG vs FELG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ARWG No data
FELG 0.37%
Payout (12M)
ARWG No data
FELG $0.16
Last payment
ARWG $0.00067
FELG $0.04
Ex-dividend
ARWG Sep 23, 2026
FELG Sep 18, 2026
Paid on
ARWG Sep 24, 2026
FELG Sep 22, 2026
Frequency
ARWG Twice a year
FELG Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

ARWGTwice a year · 2 paymentsAll ARWG payments⁠
One bar per payment. 2 payments from 2023 to 2026 YTD. Mar 25, 2026 $0.03; Sep 23, 2026 $0.00067. Use the arrow keys to read each point.$0$0.1020232026YTD
FELGQuarterly · 14 paymentsAll FELG payments⁠
One bar per payment. 14 payments from 2023 to 2026 YTD. Oct 13, 2023 $0.14; Nov 14, 2023 $0.04; Dec 28, 2023 $0.03; Mar 15, 2024 $0.03; Jun 21, 2024 $0.05; Sep 20, 2024 $0.04; Dec 20, 2024 $0.05; Mar 21, 2025 $0.04; Jun 20, 2025 $0.04; Sep 19, 2025 $0.04; Dec 19, 2025 $0.04; Mar 20, 2026 $0.03; Jun 18, 2026 $0.05; Sep 18, 2026 $0.04. Use the arrow keys to read each point.$0$0.1020232026YTD

ARWG vs FELG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ARWG No dataFELG 16.3%since Dec 2023
Return per unit of riskSharpe ratio, 3 years
ARWG No dataFELG 0.93since Dec 2023
Worst fallMax drawdown, 5 years
ARWG No dataFELG −23.9%since Nov 2023
Market sensitivityBeta, 5 years
ARWG 0.82FELG 1.23

ARWG and FELG in the news

All news⁠

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