CAML vs FELG: Grades, Fees and Holdings Compared

Congress Large Cap Growth ETF

CAMLCNYSE Arca

Fidelity Enhanced Large Cap Growth ETF

FELGANYSE Arca

Overlap

47.4%by weight

Expense ratio

FELG −0.47pt a year

CAML0.65%FELG0.18%

Avg volume · 30D

FELG 15.3×the volume

CAML24.8KFELG379K

CAML vs FELG Performance

Oct 31, 2025 – Nov 2, 2026

−2.3%CAML−1.7%FELG

Expense ratio: CAML 0.65%; FELG 0.18%, better
Fund size: CAML $370M; FELG $5.78B
1Y total return: CAML −2.3%; FELG −1.7%, better
Yield (12M): CAML 0.00%; FELG 0.37%, better
Holdings: CAML 38; FELG 132
Avg volume (30D): CAML 24.8K sh; FELG 379K sh, better
NAV per share: CAML $39.02; FELG $42.20
52W range

ETF.net Grade

Pillar letters and Scores for CAML, FELG, with each pillar’s weight
Pillar	CAML	FELG
Cost30% weight	D26	A99Higher
Mission25% weight	C49	A82Higher
Risk15% weight	C54Higher	C51
Tradability15% weight	B62	A85Higher
Holdings10% weight	A76Higher	C52
Durability5% weight	B66	A95Higher

Rank among US Active Growth funds

How we build Categories ›

Same Category. CAML 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 CAML 44th 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 81
Rank 4AFELGFidelity Enhanced Large Cap Growth ETFScore 80
Rank 5AGQQQAstoria US Quality Growth Kings ETFScore 77
Rank 44CBGUSBaillie Gifford U.S. Equity Growth ETFScore 48
Rank 44CCAMLCongress Large Cap Growth ETFScore 48
Rank 44CPRCSParnassus Core Select ETFScore 48

Our read on each fund

ETF.net Research

CAMLCCongress Large Cap Growth ETF

FELGAFidelity Enhanced Large Cap Growth ETF

In short

CAML An active large-cap growth picker that blends growth, momentum and value signals and treats the Russell 1000 Growth as a yardstick, not a blueprint. Launched in 2023, and priced above most of its peer group for that human judgment.

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

CAML Its stated objective is long-term capital appreciation.

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

CAML Genuinely active: holdings come from Congress's own multi-factor screen spanning growth, momentum and value, with the Russell 1000 Growth as the reference point rather than a template.
Past the fragile startup stage. Since its 2023 launch it has gathered hundreds of millions, which is more than most young active ETFs manage.
Simple plumbing: a standard 1940 Act stock fund. No leverage resets, no K-1 at tax time, no derivatives wrapper to decode.

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

CAML At 0.65% it runs above the typical fund in its peer group, and rivals benchmarked to the same index charge less (ACGR 0.39%, PGRO 0.50%, FFOG 0.41%).
Thinly traded next to the category's heavyweights, so wider bid-ask spreads come with the territory, especially around the open and in fast markets.
Distributions arrive annually or semiannually. The mandate is capital appreciation, not a regular income stream.

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 CAML profile⁠

Full FELG profile⁠

CAML vs FELG Holdings

How CAML and FELG differ

Overlap by weight

47.4%

Shared holdings make up 72.1% of CAML and 64.8% of FELG.

Level by level

Holdings23 in both47.4%
Sector11 Sectors84.8%
Countryby domicile95.2%
Asset classEquity100%

Sector

Sector weights in CAML and FELG, widest gap first
Sector	More in CAMLMore in FELG	CAML	FELG
Technology	FELG +7.9 points	50.8%	58.7%
Communication	FELG +5.8 points	8.8%	14.6%
Industrials	CAML +3.1 points	11.0%	7.9%
Real Estate	CAML +2.5 points	2.6%	0.1%
Financials	CAML +2.4 points	7.9%	5.5%
Consumer Staples	CAML +2.1 points	2.2%	0.1%
Energy	CAML +1.9 points	2.1%	0.2%
Materials	CAML +1.6 points	2.1%	0.5%
Health Care	FELG +1.5 points	4.6%	6.1%
Consumer Discretionary	CAML +1.4 points	7.8%	6.4%
Utilities	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in CAML and FELG, widest gap first
Country	More in CAMLMore in FELG	CAML	FELG
United States	FELG +4.8 points	95.2%	100.0%
Netherlands	CAML +2.4 points	2.4%	0.0%
Canada	CAML +2.4 points	2.4%	0.0%

Concentration

Weight in the 10 largest Holdings

CAML44.6%
FELG57.9%

Securities held

CAML38
FELG131

Asset class

CAML: Equity
FELG: Equity

Holdings

Only in CAML15
In both23
Only in FELG108

Only in CAML

15 securities, 28.0% of CAML by weight

Welltower Inc2.84%
Hilton Worldwide Holdings Inc2.42%
Shopify Inc2.32%
Eaton Corp PLC2.29%
ASML Holding NV2.28%
Williams Cos Inc/The2.25%
Interactive Brokers Group Inc1.87%
Medtronic PLC1.79%
Goldman Sachs Group Inc/The1.77%
TJX Cos Inc/The1.75%
IDEXX Laboratories Inc1.58%
ARM Holdings PLC1.53%
Axon Enterprise Inc1.34%
Lumentum Holdings Inc1.03%
First American Treasury Obligations Fund 01/01/20400.90%

Only in FELG

108 securities, 34.5% of FELG by weight

Alphabet Inc Class C2.65%
Advanced Micro Devices Inc2.10%
Mastercard Inc Class A1.93%
Ge Aerospace1.43%
Applied Materials Inc1.16%
Caterpillar Inc0.93%
Netflix Inc0.91%
Western Digital Corp0.89%
Adobe Inc0.79%
Trane Technologies PLC0.78%
Airbnb Inc Class A0.76%
Kla Corp0.76%
Sandisk Corporation0.75%
Fortinet Inc0.67%
Expedia Inc0.65%
Lam Research Corp0.61%
Gilead Sciences Inc0.59%
Uber Technologies Inc0.56%
Rtx Corp0.54%
Schwab Charles Corp0.54%
Bank of New York Mellon Corp0.53%
Bristol-Myers Squibb Co0.53%
Snowflake Inc0.52%
Atlassian Corp PLC Cls A0.52%
Bank of America Corporation0.51%
Maplebear Inc0.50%
Comfort Systems Usa Inc0.49%
Unity Software Inc0.46%
Cisco Systems Inc0.46%
Hubspot Inc0.45%
Keysight Technologies Inc0.45%
Palo Alto Networks Inc0.40%
Incyte Corp0.38%
Chime Financial Inc0.37%
Ciena Corp0.37%
Seagate Techn Holdings PLC0.36%
Lyft Inc0.35%
Veralto Corp0.33%
Eaton Corp PLC0.33%
Docusign Inc0.33%
Travere Therapeutics Inc0.31%
Quanta Svcs Inc0.30%
Zoom Communications Inc Class A0.27%
Vertiv Holdings Co0.27%
Home Depot Inc0.24%
Draftkings Holdings Inc0.22%
Ross Stores Inc0.22%
S&P Global Inc0.20%
Technipfmc PLC0.20%
Datadog Inc Class A0.20%

Weight gaps

All 23 Holdings in both funds, largest gap first.

Holding weights in CAML and FELG, widest gap first
Holding	More in CAMLMore in FELG	CAML	FELG
NVIDIA CorpNVDA	FELG +7.63 points	7.75%	15.38%
Arista Networks IncANET	CAML +2.57 points	2.87%	0.30%
Costco Wholesale CorpCOST	CAML +2.52 points	2.64%	0.12%
Amazon.com IncAMZN	CAML +2.34 points	2.93%	0.59%
Amphenol CorpAPH	CAML +2.30 points	3.20%	0.90%
Apple IncAAPL	FELG +2.29 points	6.66%	8.95%
Parker-Hannifin CorpPH	CAML +2.10 points	2.19%	0.09%
MongoDB IncMDB	CAML +2.07 points	2.16%	0.09%
Ecolab IncECL	CAML +1.96 points	2.50%	0.54%
Alphabet IncGOOGL	FELG +1.83 points	4.75%	6.58%
Eli Lilly & CoLLY	FELG +1.80 points	2.35%	4.15%
Howmet Aerospace IncHWM	CAML +1.70 points	2.24%	0.54%
Micron Technology IncMU	FELG +1.67 points	1.92%	3.59%
Visa IncV	CAML +1.58 points	3.18%	1.60%
GE Vernova IncGEV	CAML +1.27 points	2.47%	1.20%
NetApp IncNTAP	CAML +1.16 points	1.38%	0.22%
Tesla IncTSLA	FELG +0.95 points	2.13%	3.08%
Texas Instruments IncTXN	CAML +0.87 points	2.27%	1.40%
Microsoft CorpMSFT	CAML +0.78 points	6.25%	5.48%
Meta Platforms IncMETA	FELG +0.76 points	2.72%	3.48%
Palantir Technologies IncPLTR	CAML +0.71 points	1.70%	0.99%
Crowdstrike Holdings IncCRWD	CAML +0.68 points	1.65%	0.97%
Broadcom IncAVGO	FELG +0.37 points	4.15%	4.52%

All CAML 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.

CAML vs FELG Cost

Overpaying CAML vs FELG

$8,968

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

CAML 0.65%
$12,717
FELG 0.18%
$3,749

Amount$10,000

Years30 years

Cost over time

CAML 0.65%
FELG 0.18%
Overpaying

Year by year

Year	CAML	FELG	Overpaying
10	$1,163	$328	$835
20	$4,440	$1,281	$3,159
30	$12,717	$3,749	$8,968

Expense ratio

0.65%CAML
0.18%FELG, cheaper

FELG0.18%CAML0.65%

0.18%2.83%

Middle half of US Active Growth funds
Median 0.55%

FELG cheapest of 90 funds

CAML 65th cheapest of 90 funds

CAML vs FELG Dividends

Last 12 months to Nov 2, 2026

Yield (12M): CAML 0.00%; FELG 0.37%, better
Payout (12M): CAML $0.00035; FELG $0.16
Last payment: CAML $0.00035; FELG $0.04
Ex-dividend: CAML Dec 11, 2025; FELG Sep 18, 2026
Paid on: CAML Dec 15, 2025; FELG Sep 22, 2026
Frequency: CAML Annual; FELG Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

CAMLAnnual · 4 paymentsAll CAML payments⁠

FELGQuarterly · 14 paymentsAll FELG payments⁠

CAML vs FELG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: CAML 14.7%FELG 16.3%since Dec 2023
Return per unit of riskSharpe ratio, 3 years: CAML 0.86FELG 0.93since Dec 2023
Worst fallMax drawdown, 5 years: CAML −21.1%since Aug 2023FELG −23.9%since Nov 2023
Market sensitivityBeta, 5 years: CAML 1.10FELG 1.23; Market = 1

CAML 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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