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FELG vs TGRT

Fidelity Enhanced Large Cap Growth ETF

FELGANYSE Arca

T. Rowe Price Growth ETF

TGRTANYSE Arca

Overlap

16.7%by weight

Expense ratio

FELG −0.20pt a year

FELG0.18%TGRT0.38%

Avg volume · 30D

FELG 3.4×the volume

FELG379KTGRT111K

FELG vs TGRT Performance

Oct 31, 2025 – Nov 2, 2026

−1.7%FELG−3.7%TGRT

Oct 31, 2025 to Nov 2, 2026. FELG −1.7%. TGRT −3.7%. Use the arrow keys to read each point.−15%−10%5%10%Oct 2025May 2026Nov 2026
Expense ratio
FELG 0.18%, better
TGRT 0.38%
Fund size
FELG $5.78B
TGRT $1.67B
1Y total return
FELG −1.7%, better
TGRT −3.7%
Yield (12M)
FELG 0.37%, better
TGRT 0.08%
Holdings
FELG 132
TGRT 91
Avg volume (30D)
FELG 379K sh, better
TGRT 111K sh
NAV per share
FELG $42.20
TGRT $44.24
52W range

ETF.net Grade

FELG: Cost 99, Risk 51, Mission 82, Tradability 85, Holdings 52, Durability 95. TGRT: Cost 88, Risk 43, Mission 75, Tradability 81, Holdings 51, Durability 82.
Pillar letters and Scores for FELG, TGRT, with each pillar’s weight
PillarFELGTGRT
Cost30% weightA99HigherA88
Mission25% weightA82HigherA75
Risk15% weightC51HigherC43
Tradability15% weightA85HigherA81
Holdings10% weightC52HigherC51
Durability5% weightA95HigherA82

Rank among US Active Growth funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FELG and TGRT 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 TGRT 7th of 90 funds in the US Active Growth Category.

  1. Rank 1AJUSAJPMorgan U.S. Research Enhanced Large Cap ETFScore 86
  2. Rank 2AGUSEGoldman Sachs Enhanced U.S. Equity ETFScore 84
  3. Rank 3ALRGCAB US Large Cap Strategic Equities ETFScore 81
  4. Rank 4AFELGFidelity Enhanced Large Cap Growth ETFScore 80
  5. Rank 5AGQQQAstoria US Quality Growth Kings ETFScore 77
  6. Rank 6AREGSColumbia Large Cap Growth ETFScore 75
  7. Rank 7ATGRTT. Rowe Price Growth ETFScore 72
  8. Rank 8AESLGEventide Large Cap Growth ETFScore 71

Our read on each fund

ETF.net Research

FELGAFidelity Enhanced Large Cap Growth ETF

TGRTAT. Rowe Price 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.

TGRT Old-school T. Rowe Price stock-picking in an ETF shell: roughly 90 US growth names chosen by hand, priced under the typical fund in its category. Conviction, not a closet index.

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.

TGRT The fund seeks long-term capital growth.

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.
  • TGRT Charges 0.38%, below the 0.54% median for its active US growth cohort. Hands-on management without the usual active toll.
  • About 90 holdings, primarily US growth equities. Concentrated enough that individual picks show up in results rather than dissolving into the benchmark.
  • Stands among the stronger implementations in a crowded group of active US growth funds, with a multibillion-dollar asset base and steady day-to-day trading.

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.
  • TGRT Concentration cuts both ways. When large-cap growth falls out of favor, roughly 90 names offer less cushion than a broad-market index fund.
  • Cheaper routes into the same space exist: JUSA at 0.12% and FELG at 0.18% run index-plus approaches for a fraction of the fee.
  • Built for capital growth, not income: payouts come annually or semiannually. The ETF launched in 2023, so its record in this wrapper is short.

Full FELG profile⁠

Full TGRT profile⁠

FELG vs TGRT Holdings

How FELG and TGRT differ

Overlap by weight

16.7%

Shared holdings make up 24.4% of TGRT and 18.5% of FELG.

Level by level

  • Holdings22 in both16.7%
  • Countryby domicile95.7%
  • Sector11 Sectors96.3%
  • Asset classEquity100%

Sector

Sector weights in FELG and TGRT, widest gap first
SectorMore in FELGMore in TGRT
Health CareTGRT +1.9 points
TechnologyFELG +1.7 points
IndustrialsFELG +1.3 points
CommunicationTGRT +1.1 points
Consumer StaplesTGRT +0.4 points
MaterialsFELG +0.3 points
Real EstateTGRT +0.2 points
Consumer DiscretionaryFELG +0.3 points
FinancialsFELG +0.2 points
EnergySame weight
UtilitiesSame weight

Country, concentration and asset class

Country by domicile

Country weights in FELG and TGRT, widest gap first
CountryMore in FELGMore in TGRT
United StatesFELG +4.3 points
TaiwanTGRT +1.3 points
NetherlandsTGRT +0.9 points
CanadaTGRT +0.6 points
BrazilTGRT +0.5 points
IsraelTGRT +0.5 points
SingaporeTGRT +0.4 points

Concentration

Weight in the 10 largest Holdings

  • FELG57.9%
  • TGRT57.8%

Securities held

  • FELG131
  • TGRT90

Asset class

FELG
Equity
TGRT
Equity

Holdings

  • Only in FELG109
  • In both22
  • Only in TGRT68

Only in FELG

109 securities, 80.8% of FELG by weight

  • NVIDIA Corp15.38%
  • Apple Inc8.95%
  • Microsoft Corp5.48%

Only in TGRT

68 securities, 75.4% of TGRT by weight

  • NVIDIA Corp Common Stock USD.00115.51%
  • Apple Inc Common Stock USD.000017.40%
  • Microsoft Corp Common Stock USD.000006255.85%

Weight gaps

All 22 Holdings in both funds, largest gap first.

Holding weights in FELG and TGRT, widest gap first
HoldingMore in FELGMore in TGRT
Alphabet Inc Class AGOOGLTGRT +2.34 points
Intuitive Surgical IncISRGTGRT +0.97 points
Arista Networks IncANETTGRT +0.75 points
Natera IncNTRATGRT +0.61 points
Sandisk CorporationSNDKFELG +0.57 points
Mongodb Inc Class AMDBTGRT +0.57 points
Tradeweb Markets Inc ATWTGRT +0.39 points
Amphenol Corporation Class AAPHTGRT +0.34 points

All 109 FELG holdings⁠All 91 TGRT 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 TGRT Cost

Overpaying TGRT vs FELG

$3,957

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

  • FELG 0.18%

    $3,749

  • TGRT 0.38%

    $7,706

$10,000
30 years

Cost over time

  • FELG 0.18%
  • TGRT 0.38%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530TGRT $7,706FELG $3,749

Year by year

YearFELGTGRTOverpaying
10$328$688$360
20$1,281$2,658$1,377
30$3,749$7,706$3,957

Expense ratio

  • 0.18%FELG, cheaper
  • 0.38%TGRT
  • Middle half of US Active Growth funds
  • Median 0.55%

FELG cheapest of 90 funds

TGRT 10th cheapest of 90 funds

FELG vs TGRT Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
FELG 0.37%, better
TGRT 0.08%
Payout (12M)
FELG $0.16
TGRT $0.03
Last payment
FELG $0.04
TGRT $0.03
Ex-dividend
FELG Sep 18, 2026
TGRT Dec 23, 2025
Paid on
FELG Sep 22, 2026
TGRT Dec 26, 2025
Frequency
FELG Quarterly
TGRT Annual

Distribution history

Per share, 2023 to 2026, same scale for both

FELGQuarterly · 14 paymentsAll FELG payments⁠
One bar per payment. 14 payments from 2023 to 2026 YTD. Oct 13, 2023 $0.14; Nov 14, 2023 $0.04; Dec 28, 2023 $0.03; Mar 15, 2024 $0.03; Jun 21, 2024 $0.05; Sep 20, 2024 $0.04; Dec 20, 2024 $0.05; Mar 21, 2025 $0.04; Jun 20, 2025 $0.04; Sep 19, 2025 $0.04; Dec 19, 2025 $0.04; Mar 20, 2026 $0.03; Jun 18, 2026 $0.05; Sep 18, 2026 $0.04. Use the arrow keys to read each point.$0$0.1020232026YTD
TGRTAnnual · 3 paymentsAll TGRT payments⁠
One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 20, 2023 $0.02; Dec 23, 2024 $0.03; Dec 23, 2025 $0.03. Use the arrow keys to read each point.$0$0.1020232026YTD

FELG vs TGRT 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 2023TGRT 16.8%
Return per unit of riskSharpe ratio, 3 years
FELG 0.93since Dec 2023TGRT 0.97
Worst fallMax drawdown, 5 years
FELG −23.9%since Nov 2023TGRT −22.0%since Jun 2023
Market sensitivityBeta, 5 years
FELG 1.23TGRT 1.22

FELG and TGRT in the news

All news⁠

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