BRIF vs FELG

BRIFCFIS Bright Portfolios Focused Equity ETF

FELGAFidelity Enhanced Large Cap Growth ETF

In short

BRIF A biblically screened take on active US large caps: Bright Portfolios scores companies on values first, then on growth-at-a-reasonable-price fundamentals, and holds a focused slate of names instead of the whole index.

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

BRIF The Fund seeks long-term capital appreciation. It is actively managed and invests primarily in U.S. large-cap equities through a proprietary process combining quantitative screening with fundamental, qualitative, valuation, and technical analysis.

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

• BRIF The faith screen is the point, not a label: the sub-adviser's proprietary Bright Score process avoids activities it deems contrary to Christian values, then ranks what survives.prnewswire.com
• Genuinely active: a quantitative screen feeds fundamental, qualitative, valuation and technical review of US large caps, with a stated growth-at-a-reasonable-price (GARP) discipline.
• Not a one-off: Faith Investor Services runs a lineup of stock and bond ETFs built on the same values screening, with Bright Portfolios sub-advising this one.nasdaq.com

• 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

• BRIF 0.66% a year, above the typical fee in its active large-cap category, and no waiver trims it. Top-scoring peers JUSA and FELG charge 0.18%.
• A small fund that trades lightly, so spreads can run wider than a mega-cap index ETF's.
• Launched December 2024, so the record is short, and distributions land annually or semiannually rather than monthly.

• 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 BRIF profile⁠

Full FELG profile⁠