FELG vs TCHP: Grades, Fees and Holdings Compared

Fidelity Enhanced Large Cap Growth ETF

FELGANYSE Arca

T. Rowe Price Blue Chip Growth ETF

TCHPCNYSE Arca

Overlap

64.3%by weight

Expense ratio

FELG −0.39pt a year

FELG0.18%TCHP0.57%

Avg volume · 30D

FELG 2.0×the volume

FELG368KTCHP181K

FELG vs TCHP Performance

Nov 7, 2025 – Nov 9, 2026

−0.2%FELG−2.1%TCHP

Expense ratio: FELG 0.18%, better; TCHP 0.57%
Fund size: FELG $5.44B; TCHP $1.99B
1Y total return: FELG −0.2%, better; TCHP −2.1%
Yield (12M): FELG 0.38%, better; TCHP 0.00%
Holdings: FELG 137; TCHP 64
Avg volume (30D): FELG 368K sh, better; TCHP 181K sh
NAV per share: FELG $41.08; TCHP $46.56
52W range

ETF.net Grade

Pillar letters and Scores for FELG, TCHP, with each pillar’s weight
Pillar	FELG	TCHP
Cost30% weight	A99Higher	C47
Mission25% weight	A82	Not scored
Risk15% weight	C53Higher	C51
Tradability15% weight	A93Higher	A71
Holdings10% weight	C53Higher	C45
Durability5% weight	A95Higher	A87

Rank among US Active Growth funds

How we build Categories ›

Same Category. FELG and TCHP 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 TCHP 38th 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 83
Rank 4AFELGFidelity Enhanced Large Cap Growth ETFScore 82
Rank 5AGQQQAstoria US Quality Growth Kings ETFScore 77
Rank 38CACGOHartford Alpha Capture Growth ETFScore 54
Rank 38CTCHPT. Rowe Price Blue Chip Growth ETFScore 54
Rank 40CRILAIndexperts Gorilla Aggressive Growth ETFScore 53

Our read on each fund

ETF.net Research

FELGAFidelity Enhanced Large Cap Growth ETF

TCHPCT. Rowe Price Blue Chip 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.

TCHP The ETF wrapper on T. Rowe Price's Blue Chip Growth strategy, run in mutual fund form since 1993. It's also a rarity in today's market: an active fund that doesn't show its cards daily, publishing a proxy portfolio instead of a full holdings list.

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.

TCHP The fund seeks long-term capital growth, with income as a secondary objective.

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.

TCHP Concentrated by design: roughly 80 large-cap growth names chosen by T. Rowe's research bench rather than an index rulebook.
The strategy behind it is not a startup idea. T. Rowe has run Blue Chip Growth in mutual fund form since 1993, and this 2020 ETF version already holds billions.troweprice.com
Easy to deal in for an active fund: one of the smoother-trading names in its growth peer group, backed by a large, established issuer.

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.

TCHP No daily holdings list. The fund posts a proxy portfolio instead, and the prospectus notes market makers may be more likely to step away during market stress.troweprice.com
0.57% a year is active-manager pricing. Enhanced-index rivals in the same cohort, like JUSA and FELG, deliver large-cap growth exposure for a fraction of that.
Concentration cuts both ways: roughly 80 growth stocks behave differently from a broad market index, and the prospectus puts income second to capital growth.

Full FELG profile⁠

Full TCHP profile⁠

FELG vs TCHP Holdings

How FELG and TCHP differ

Overlap by weight

64.3%

Shared holdings make up 84.8% of TCHP and 76.4% of FELG.

Level by level

Holdings37 in both64.3%
Sector11 Sectors90.6%
Countryby domicile94.5%
Asset classStocks100%

Sector

Sector weights in FELG and TCHP, widest gap first
Sector	Gap	FELG	TCHP
Consumer Discretionary	TCHP +4.9 points	6.1%	11.0%
Industrials	FELG +4.0 points	8.7%	4.7%
Communication	TCHP +3.8 points	14.0%	17.8%
Technology	FELG +3.3 points	56.6%	53.3%
Health Care	FELG +0.8 points	6.6%	5.8%
Consumer Staples	FELG +0.6 points	0.6%	0.0%
Financials	TCHP +0.4 points	6.4%	6.8%
Utilities	TCHP +0.4 points	0.0%	0.4%
Materials	FELG +0.3 points	0.6%	0.3%
Energy	FELG +0.2 points	0.2%	0.0%
Real Estate	FELG +0.1 points	0.1%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in FELG and TCHP, widest gap first
Country	Gap	FELG	TCHP
United States	FELG +5.5 points	100.0%	94.5%
Netherlands	TCHP +1.4 points	0.0%	1.4%
Taiwan	TCHP +1.0 points	0.0%	1.0%
South Korea	TCHP +1.0 points	0.0%	1.0%
Switzerland	TCHP +0.9 points	0.0%	0.9%
Canada	TCHP +0.9 points	0.0%	0.9%
Other countries (3)	TCHP +0.4 points	0.0%	0.4%

Concentration

Weight in the 10 largest Holdings

FELG57.7%
TCHP60.0%

Securities held

FELG135
TCHP64

Asset class

FELG: Stocks
TCHP: Stocks

Holdings

Only in FELG98
In both37
Only in TCHP27

Only in FELG

98 securities, 23.1% of FELG by weight

Airbnb Inc Class A0.89%
Trane Technologies PLC0.81%
Adobe Inc0.76%
Kla Corp0.70%
Western Digital Corp0.70%
Unity Software Inc0.67%
Sandisk Corporation0.63%
Uber Technologies Inc0.62%
Fortinet Inc0.62%
Expedia Inc0.59%
Bank of New York Mellon Corp0.57%
Gilead Sciences Inc0.56%
Bristol-Myers Squibb Co0.56%
Ecolab Inc0.55%
Bank of America Corporation0.53%
Rtx Corp0.53%
Snowflake Inc0.50%
Atlassian Corp PLC Cls A0.47%
Chime Financial Inc0.44%
Cisco Systems Inc0.43%
Vertiv Holdings Co0.42%
Comfort Systems Usa Inc0.41%
Hubspot Inc0.40%
Keysight Technologies Inc0.39%
Veralto Corp0.39%
Lyft Inc0.39%
Palo Alto Networks Inc0.36%
Incyte Corp0.35%
Eaton Corp PLC0.32%
Travere Therapeutics Inc0.32%
Arista Networks Inc0.32%
Starbucks Corp0.30%
Ciena Corp0.29%
Quanta Svcs Inc0.28%
Zoom Communications Inc Class A0.27%
Seagate Techn Holdings PLC0.27%
Docusign Inc0.27%
Home Depot Inc0.26%
Maplebear Inc0.25%
Securities Lending Cf0.23%
S&P Global Inc0.22%
Johnson Controls Internatl PLC0.21%
Draftkings Holdings Inc0.21%
Technipfmc PLC0.20%
Costco Wholesale Corp0.19%
Oscar Health Inc - Class A0.19%
Merck & Co Inc New0.17%
Veeva Sys Inc Class A0.16%
Exelixis Inc0.14%
Griffon Corp0.14%

Only in TCHP

27 securities, 15.2% of TCHP by weight

Carvana3.00%
ASML Holding1.43%
Taiwan Semiconductor Manufacturing0.98%
SK hynix0.97%
Marvell Technology0.89%
Chubb0.89%
Shopify0.86%
Monolithic Power Systems0.69%
Thermo Fisher Scientific0.62%
T-Mobile US0.52%
Danaher0.49%
Sea0.39%
Tjx0.37%
Constellation Energy0.37%
Marsh & McLennan0.36%
DoorDash0.34%
Goldman Sachs0.32%
Linde0.32%
Roper Technologies0.27%
Synopsys0.22%
Transdigm Group0.22%
Old Dominion Freight Line0.21%
Stryker0.18%
Moody's0.12%
Medline0.08%
Cerebras Systems0.05%
TE Connectivity0.02%

Weight gaps

All 37 Holdings in both funds, largest gap first.

Holding weights in FELG and TCHP, widest gap first
Holding	Gap	FELG	TCHP
Apple IncAAPL	FELG +4.31 points	9.37%	5.06%
Alphabet Inc Class CGOOG	TCHP +3.19 points	2.76%	5.95%
NVIDIA CorpNVDA	TCHP +2.88 points	14.81%	17.69%
Amazon.com IncAMZN	TCHP +2.71 points	0.67%	3.38%
Advanced Micro Devices IncAMD	TCHP +1.84 points	1.90%	3.74%
Micron Technology IncMU	FELG +1.52 points	2.98%	1.46%
Alphabet Inc Class AGOOGL	FELG +1.48 points	6.98%	5.50%
Lam Research CorpLRCX	TCHP +1.40 points	0.45%	1.85%
Broadcom IncAVGO	TCHP +1.11 points	4.30%	5.41%
Eli Lilly & CoLLY	FELG +1.08 points	4.09%	3.01%
Applied Materials IncAMAT	TCHP +0.95 points	0.77%	1.72%
Intuitive Surgical IncISRG	TCHP +0.91 points	0.00%	0.91%
Tesla IncTSLA	FELG +0.78 points	2.93%	2.15%
Meta Platforms Inc Class AMETA	TCHP +0.76 points	3.65%	4.41%
The Booking Holdings IncBKNG	TCHP +0.73 points	0.09%	0.82%
Visa Inc Class AV	TCHP +0.68 points	1.83%	2.51%
Palantir Technologies IncPLTR	FELG +0.59 points	0.91%	0.32%
Servicenow IncNOW	TCHP +0.58 points	0.09%	0.67%
Oracle CorpORCL	TCHP +0.53 points	0.18%	0.71%
Texas Instruments IncTXN	FELG +0.45 points	1.23%	0.78%
UnitedHealth Group IncUNH	TCHP +0.44 points	0.06%	0.50%
Amphenol Corporation Class AAPH	FELG +0.43 points	0.89%	0.46%
Netflix IncNFLX	TCHP +0.33 points	1.06%	1.39%
Ross Stores IncROST	TCHP +0.32 points	0.23%	0.55%
Schwab Charles CorpSCHW	FELG +0.30 points	0.59%	0.29%
Morgan StanleyMS	TCHP +0.29 points	0.17%	0.46%
Howmet Aerospace IncHWM	FELG +0.27 points	0.59%	0.32%
Ge Vernova IncGEV	FELG +0.26 points	1.14%	0.88%
Caterpillar IncCAT	FELG +0.26 points	0.88%	0.62%
Mastercard Inc Class AMA	FELG +0.24 points	2.08%	1.84%
Datadog Inc Class ADDOG	TCHP +0.23 points	0.08%	0.31%
Cintas CorpCTAS	TCHP +0.22 points	0.00%	0.22%
Heico CorpHEI	TCHP +0.22 points	<0.01%	0.22%
Space Exploration Tech Corp ASPCX	TCHP +0.11 points	0.25%	0.36%
Crowdstrike Holdings IncCRWD	FELG +0.09 points	0.92%	0.83%
Ge AerospaceGE	FELG +0.01 points	1.61%	1.60%
Microsoft CorpMSFT	FELG +0.01 points	5.88%	5.87%

All 109 FELG holdings⁠All 76 TCHP 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.

FELG vs TCHP Cost

Overpaying TCHP vs FELG

$7,522

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

FELG 0.18%
$3,749
TCHP 0.57%
$11,271

Amount$10,000

Years30 years

Cost over time

FELG 0.18%
TCHP 0.57%
Overpaying

Year by year

Year	FELG	TCHP	Overpaying
10	$328	$1,023	$695
20	$1,281	$3,921	$2,640
30	$3,749	$11,271	$7,522

Expense ratio

0.18%FELG, cheaper
0.57%TCHP

FELG0.18%TCHP0.57%

0.18%2.83%

Middle half of US Active Growth funds
Median 0.55%

FELG cheapest of 90 funds

TCHP 50th cheapest of 90 funds

FELG vs TCHP Dividends

Last 12 months to Nov 9, 2026

Yield (12M): FELG 0.38%, better; TCHP 0.00%
Payout (12M): FELG $0.16; TCHP None
Last payment: FELG $0.04; TCHP No data
Ex-dividend: FELG Sep 18, 2026; TCHP No data
Paid on: FELG Sep 22, 2026; TCHP No data
Frequency: FELG Quarterly; TCHP No data

Distribution history

Per share, 2021 to 2026, same scale for both

FELGQuarterly · 14 paymentsAll FELG payments⁠

TCHP1 paymentAll TCHP payments⁠

FELG vs TCHP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FELG 16.3%since Dec 2023TCHP 17.2%
Return per unit of riskSharpe ratio, 3 years: FELG 0.93since Dec 2023TCHP 0.96
Worst fallMax drawdown, 5 years: FELG −23.9%since Nov 2023TCHP −42.3%
Market sensitivityBeta, 5 years: FELG 1.26TCHP 1.21; Market = 1

FELG and TCHP 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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FELG vs TCHP

In short

Stated mandate

Why people hold it

Worth knowing

How FELG and TCHP differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FELG

Only in TCHP

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

BlackRock files to convert Advantage Large Cap Growth into a 0.22% ETF

How FELG and TCHP differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FELG

Only in TCHP

Weight gaps