FELG vs LSGR

FELGAFidelity Enhanced Large Cap Growth ETF

LSGRCNatixis Loomis Sayles Focused Growth 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.

LSGR Twenty-odd stocks, one veteran manager, and a holding period measured in years. LSGR puts Loomis Sayles' private-equity-style growth strategy in an ETF at 0.59% net of a waiver through April 30, 2029 (0.61% gross).

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.

LSGR The Fund's stated aim is to achieve capital growth over the long term.

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.

• LSGR The prospectus targets roughly 20 to 30 stocks, so each pick carries real weight instead of being diluted across hundreds of names.sec.govloomissayles.com
• Built to sit still: Loomis Sayles runs this as a long-horizon, low-turnover strategy under one manager, Aziz Hamzaogullari, not as benchmark-hugging growth.natixis.comloomissayles.com
• At 0.59% net (0.61% gross, waived through April 30, 2029) the fee lands near the typical cost for active US growth funds rather than above it.

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.

• LSGR Concentration cuts both ways: with 20 to 30 large-cap names, one stock's move can swing this fund far more than a broad growth index.sec.gov
• Cheaper same-benchmark active growth ETFs exist, among them ACGR at 0.39% and LGDS at 0.40%; here you pay up for the focused approach.
• No payout stream in the last year. The stated aim is capital growth over the long term, so this is a price-return story, not an income one.

Full FELG profile⁠

Full LSGR profile⁠