FELG vs WINN: Grades, Fees and Holdings Compared

Fidelity Enhanced Large Cap Growth ETF

FELGANYSE Arca

Harbor Long-Term Growers ETF (WINN)

WINNBNYSE

Overlap

64.5%by weight

Expense ratio

FELG −0.39pt a year

FELG0.18%WINN0.57%

Avg volume · 30D

FELG 3.6×the volume

FELG379KWINN106K

FELG vs WINN Performance

Oct 31, 2025 – Oct 30, 2026

−0.5%FELG+1.8%WINN

Expense ratio: FELG 0.18%, better; WINN 0.57%
Fund size: FELG $5.78B; WINN $1.19B
1Y total return: FELG −0.5%; WINN +1.8%, better
Yield (12M): FELG 0.37%, better; WINN 0.00%
Holdings: FELG 133; WINN 75
Avg volume (30D): FELG 379K sh, better; WINN 106K sh
NAV per share: FELG $42.20; WINN $32.91
52W range

ETF.net Grade

Pillar letters and Scores for FELG, WINN, with each pillar’s weight
Pillar	FELG	WINN
Cost30% weight	A99Higher	C47
Mission25% weight	A82	Not scored
Risk15% weight	C51Higher	C48
Tradability15% weight	A85Higher	A71
Holdings10% weight	C52	B62Higher
Durability5% weight	A95Higher	A79

Rank among US Active Growth funds

How we build Categories ›

Same Category. FELG and WINN 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 WINN 32nd 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 32BFBCGFidelity Blue Chip Growth ETFScore 56
Rank 32BWINNHarbor Long-Term Growers ETF (WINN)Score 56
Rank 35BFMAGFidelity Magellan ETFScore 55

Our read on each fund

ETF.net Research

FELGAFidelity Enhanced Large Cap Growth ETF

WINNBHarbor Long-Term Growers ETF (WINN)

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.

WINN Jennison Associates, the boutique behind Harbor's flagship growth franchise, picks roughly 70 US growth names here. Concentrated by design, non-diversified by the prospectus's own label, and priced like the active fund it is.

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.

WINN The Fund seeks long-term growth of capital.

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.

WINN Genuinely active: Jennison's team builds the portfolio bottom-up from company research, and the prospectus labels the fund non-diversified, so a high-conviction name can actually move it.sec.gov harborcapital.com
About 70 stocks, not 500. You are buying a judgment call on which US mid- and large-cap growers compound, not a slice of every name in a growth index.sec.gov
Launched in 2022 and now a multi-billion-dollar fund with moderate daily volume, the usual foundation for workable spreads on retail-sized orders.

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.

WINN At 0.57% it sits a shade above the peer median (0.54%) and several times the cost of systematic rivals like JUSA (0.12%) and FELG (0.18%).
Concentration cuts both ways: with roughly 70 growth names and a non-diversified mandate, a rough stretch for high-growth stocks has little else to cushion it.sec.gov
The stated objective is long-term growth of capital, so income is not what this portfolio is built to produce.

Full FELG profile⁠

Full WINN profile⁠

FELG vs WINN Holdings

How FELG and WINN differ

Overlap by weight

64.5%

Shared holdings make up 82.2% of WINN and 77.4% of FELG.

Level by level

Holdings42 in both64.5%
Sector11 Sectors90.2%
Countryby domicile96.9%
Asset classEquity100%

Sector

Sector weights in FELG and WINN, widest gap first
Sector	More in FELGMore in WINN	FELG	WINN
Technology	FELG +6.1 points	58.7%	52.6%
Consumer Discretionary	WINN +4.8 points	6.4%	11.2%
Industrials	FELG +2.8 points	7.9%	5.1%
Consumer Staples	WINN +2.2 points	0.1%	2.3%
Health Care	WINN +2.0 points	6.1%	8.1%
Materials	FELG +0.5 points	0.5%	0.0%
Utilities	WINN +0.4 points	0.0%	0.4%
Real Estate	WINN +0.3 points	0.1%	0.4%
Financials	FELG +0.3 points	5.5%	5.2%
Energy	FELG +0.2 points	0.2%	0.0%
Communication	WINN +0.1 points	14.6%	14.7%

Country, concentration and asset class

Country by domicile

Country weights in FELG and WINN, widest gap first
Country	More in FELGMore in WINN	FELG	WINN
United States	FELG +3.1 points	100.0%	96.9%
Taiwan	WINN +1.1 points	0.0%	1.1%
Canada	WINN +0.8 points	0.0%	0.8%
Other countries (4)	WINN +1.2 points	0.0%	1.2%

Concentration

Weight in the 10 largest Holdings

FELG57.6%
WINN56.6%

Securities held

FELG131
WINN75

Asset class

FELG: Equity
WINN: Equity

Holdings

Only in FELG89
In both42
Only in WINN33

Only in FELG

89 securities, 21.9% of FELG by weight

Alphabet Inc Class C2.61%
Caterpillar Inc0.94%
Western Digital Corp0.93%
Trane Technologies PLC0.80%
Adobe Inc0.76%
Fortinet Inc0.67%
Expedia Inc0.63%
Gilead Sciences Inc0.56%
Howmet Aerospace Inc0.55%
Atlassian Corp PLC Cls A0.54%
Schwab Charles Corp0.53%
Bank of New York Mellon Corp0.53%
Rtx Corp0.52%
Ecolab Inc0.52%
Bristol-Myers Squibb Co0.51%
Bank of America Corporation0.51%
Maplebear Inc0.49%
Unity Software Inc0.47%
Cisco Systems Inc0.46%
Hubspot Inc0.45%
Ciena Corp0.39%
Seagate Techn Holdings PLC0.38%
Chime Financial Inc0.37%
Incyte Corp0.35%
Eaton Corp PLC0.34%
Lyft Inc0.34%
Docusign Inc0.32%
Veralto Corp0.30%
Quanta Svcs Inc0.30%
Travere Therapeutics Inc0.30%
Zoom Communications Inc Class A0.27%
Home Depot Inc0.23%
Netapp Inc0.23%
Ross Stores Inc0.22%
Draftkings Holdings Inc0.22%
S&P Global Inc0.20%
Technipfmc PLC0.19%
Oscar Health Inc - Class A0.17%
Natera Inc0.17%
Morgan Stanley0.16%
Johnson Controls Internatl PLC0.16%
Kulicke & Soffa Industries Inc0.16%
Griffon Corp0.14%
Marvell Technology Inc0.13%
Cirrus Logic Inc0.13%
Progressive Corp Ohio0.12%
Wesco International Inc0.11%
Ebay Inc0.10%
Mongodb Inc Class A0.10%
Northern Trust Corp0.09%

Only in WINN

33 securities, 17.8% of WINN by weight

Hilton Worldwide Holdings In1.63%
Cadence Design Sys Inc1.15%
Walmart Inc1.09%
Taiwan Semiconductor-Sp Adr1.07%
Spotify Technology SA1.05%
Analog Devices Inc1.02%
Shopify Inc - Class A0.83%
O'reilly Automotive Inc0.73%
Thermo Fisher Scientific Inc0.71%
Tjx Companies Inc0.70%
Agilent Technologies Inc0.65%
Coca-Cola Co/The0.62%
JPMorgan Chase & Co0.61%
Inditex-Unspon Adr0.45%
Doordash Inc - A0.43%
Vertex Pharmaceuticals Inc0.40%
Transdigm Group Inc0.38%
Constellation Energy0.38%
Robinhood Markets Inc - A0.37%
Goldman Sachs Group Inc0.33%
Danaher Corp0.33%
Toast Inc-Class A0.29%
Axon Enterprise Inc0.29%
Asml Holding Nv-Ny Reg Shs0.28%
Boeing Co/The0.27%
Edwards Lifesciences Corp0.26%
Roivant Sciences Ltd0.25%
Walt Disney Co/The0.24%
Starbucks Corp0.24%
Corning Inc0.21%
Mercadolibre Inc0.19%
Lpl Financial Holdings Inc0.18%
Credo Technology Group Holdi0.17%

Weight gaps

All 42 Holdings in both funds, largest gap first.

Holding weights in FELG and WINN, widest gap first
Holding	More in FELGMore in WINN	FELG	WINN
NVIDIA CorpNVDA	FELG +4.58 points	15.60%	11.02%
Amazon.com IncAMZN	WINN +3.77 points	0.58%	4.35%
Micron Technology IncMU	FELG +2.63 points	3.69%	1.06%
Snowflake IncSNOW	WINN +1.36 points	0.55%	1.91%
Mastercard Inc Class AMA	WINN +1.28 points	1.87%	3.15%
Texas Instruments IncTXN	FELG +1.18 points	1.42%	0.24%
Microsoft CorpMSFT	WINN +1.14 points	5.40%	6.54%
Crowdstrike Holdings IncCRWD	WINN +1.10 points	0.98%	2.08%
Advanced Micro Devices IncAMD	WINN +1.06 points	2.28%	3.34%
Datadog Inc Class ADDOG	WINN +0.87 points	0.21%	1.08%
Broadcom IncAVGO	WINN +0.74 points	4.65%	5.39%
Apple IncAAPL	FELG +0.74 points	8.80%	8.06%
Applied Materials IncAMAT	FELG +0.71 points	1.22%	0.51%
Arista Networks IncANET	WINN +0.67 points	0.31%	0.98%
Ge Vernova IncGEV	FELG +0.61 points	1.20%	0.59%
Intuitive Surgical IncISRG	WINN +0.59 points	0.00%	0.59%
Kla CorpKLAC	FELG +0.58 points	0.78%	0.20%
Eli Lilly & CoLLY	WINN +0.55 points	3.90%	4.46%
Palo Alto Networks IncPANW	WINN +0.55 points	0.40%	0.95%
Palantir Technologies IncPLTR	WINN +0.50 points	1.02%	1.52%
Space Exploration Tech Corp ASPCX	WINN +0.47 points	0.19%	0.66%
Netflix IncNFLX	WINN +0.47 points	0.88%	1.35%
Cloudflare IncNET	WINN +0.46 points	0.10%	0.56%
American Tower CorpAMT	WINN +0.40 points	0.02%	0.42%
Costco Wholesale CorpCOST	WINN +0.39 points	0.12%	0.51%
Insmed IncINSM	WINN +0.39 points	0.00%	0.39%
Tesla IncTSLA	FELG +0.36 points	3.02%	2.66%
Uber Technologies IncUBER	FELG +0.36 points	0.55%	0.19%
Amphenol Corporation Class AAPH	FELG +0.33 points	0.90%	0.57%
Ge AerospaceGE	FELG +0.33 points	1.44%	1.11%
Alphabet Inc Class AGOOGL	WINN +0.32 points	6.48%	6.80%
Comfort Systems Usa IncFIX	WINN +0.22 points	0.51%	0.73%
Merck & Co Inc NewMRK	WINN +0.17 points	0.16%	0.33%
Servicenow IncNOW	WINN +0.16 points	<0.01%	0.17%
Airbnb Inc Class AABNB	FELG +0.16 points	0.75%	0.59%
Visa Inc Class AV	FELG +0.12 points	1.54%	1.42%
Sandisk CorporationSNDK	FELG +0.10 points	0.84%	0.74%
Lam Research CorpLRCX	FELG +0.08 points	0.63%	0.55%
Oracle CorpORCL	WINN +0.01 points	0.20%	0.21%
Meta Platforms Inc Class AMETA	FELG +0.01 points	3.43%	3.42%
Keysight Technologies IncKEYS	WINN +0.01 points	0.47%	0.48%
Vertiv Holdings CoVRT	WINN +0.01 points	0.27%	0.28%

All 109 FELG holdings⁠All 74 WINN 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 WINN Cost

Overpaying WINN vs FELG

$7,522

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

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

Amount$10,000

Years30 years

Cost over time

FELG 0.18%
WINN 0.57%
Overpaying

Year by year

Year	FELG	WINN	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%WINN

FELG0.18%WINN0.57%

0.18%2.83%

Middle half of US Active Growth funds
Median 0.55%

FELG cheapest of 90 funds

WINN 50th cheapest of 90 funds

FELG vs WINN Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FELG 0.37%, better; WINN 0.00%
Payout (12M): FELG $0.16; WINN None
Last payment: FELG $0.04; WINN No data
Ex-dividend: FELG Sep 18, 2026; WINN No data
Paid on: FELG Sep 22, 2026; WINN No data
Frequency: FELG Quarterly; WINN No data

Distribution history

Per share, 2022 to 2026, same scale for both

FELGQuarterly · 14 paymentsAll FELG payments⁠

WINN2 paymentsAll WINN payments⁠

FELG vs WINN 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 2023WINN 17.6%
Return per unit of riskSharpe ratio, 3 years: FELG 0.93since Dec 2023WINN 1.03
Worst fallMax drawdown, 5 years: FELG −23.9%since Nov 2023WINN −32.1%since Feb 2022
Market sensitivityBeta, 5 years: FELG 1.23WINN 1.23; Market = 1

FELG and WINN 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 WINN

In short

Stated mandate

Why people hold it

Worth knowing

How FELG and WINN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FELG

Only in WINN

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 WINN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FELG

Only in WINN

Weight gaps