FELG vs GK

FELGAFidelity Enhanced Large Cap Growth ETF

GKDAdvisorShares Gerber Kawasaki ETF

In short

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.

GK A working wealth-management firm's conviction list, wrapped in an ETF. Active, US-only, about 30 growth stocks, benchmarked against the S&P 500. No index committee in the middle.

Stated mandate

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.

GK The Fund seeks long-term capital appreciation. It is actively managed and invests primarily in U.S. exchange-traded equity securities through a focused portfolio of growth stocks.

Why people hold it

• 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.

• GK Actively managed, not index-shadowing: a focused book of US exchange-traded growth stocks chosen for long-term capital appreciation.advisorshares.com
• Roughly 30 positions, so individual picks actually register. Conviction you can see, unlike a 300-name theme basket where any one name barely moves the needle.
• The mandate is legible: US-listed equities, growth tilt, measured against the S&P 500. You know what you own and what it is judged by.advisorshares.com
• Live since 2021, so the strategy has a real-market record rather than a backtest.

Worth knowing

• 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.

• GK 1.31% a year is roughly double the typical disruptive-innovation fund, and index peers like KOMP (0.20%) and XT (0.46%) charge a fraction of it.
• Small asset base and thin trading. Spreads can widen, so limit orders and quiet mid-session moments matter more here than with a mega-fund.
• About 30 US growth names means no geographic ballast and real single-stock risk. Distributions arrive once or twice a year; income is not the job.

Full FELG profile⁠

Full GK profile⁠