Fidelity Enhanced Large Cap Growth ETFFELG
FELG
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
257% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 14
69% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 13
15% more capital invested
Capital invested by funds: $477M [Q2] → $549M (+$71.7M) [Q3]
10% more funds holding
Funds holding: 94 [Q2] → 103 (+9) [Q3]
1.54% more ownership
Funds ownership: 17.82% [Q2] → 19.37% (+1.54%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for FELG.
Financial journalist opinion
Positive
ETF Trends
1 month ago
Fidelity Crosses $100 Billion ETF Milestone
In mid-November, Fidelity Investments joined the select ‘$100 billion in ETF assets' club. While the firm still has a sizable presence in the mutual fund world, Fidelity's ETFs have been gaining traction in 2024.
Neutral
Seeking Alpha
2 months ago
FELG: Honest Growth ETF With No Edge Over Competitors
The Fidelity Enhanced Large Cap Growth ETF is an actively managed fund aiming to outperform the Russell 1000 Growth Index. The portfolio is heavily weighted in mega-cap companies and the information technology sector, with significant exposure to semiconductors and software. FELG has underperformed its benchmark since inception but has shown better performance in shorter time frames, particularly in 2024.
Positive
ETF Trends
2 months ago
6 ETFs to Enhance Your Equity Portfolio
While some debate the merits of active versus passive investment, advisors and investors no longer have to choose one over the other. The Fidelity Enhanced ETFs offer the best of both worlds by providing exposures similar to core equity benchmarks but with the benefits of active management.
Positive
ETF Trends
3 months ago
Fidelity Offers Core Equity Exposure with Active Benefits
Many funds exist for equity investors, but few combine the benefits of core exposures alongside active management. The Fidelity Enhanced ETF suite seeks to outperform its benchmarks through its active strategy.
Positive
Seeking Alpha
6 months ago
FELG: A Leaner Alternative To SCHG, Outperforming For Now
Converted to an ETF in November 2023, the actively managed Fidelity Enhanced Large Cap Growth ETF has seen some notable momentum amid the rally in long-duration equities. While having an over 76% overlap with SCHG, FELG has a marginally softer growth profile but better capital efficiency characteristics and a slightly larger value exposure. I am impressed by its performance, but its expense ratio is higher than SCHG's and its liquidity is less appealing.
Positive
ETF Trends
6 months ago
Whichever Direction Rates Move, Consider Looking to Fidelity ETFs
The debate around economic resilience and the direction of inflation and interest rates continues into summer. Fidelity offers an array of ETFs to reflect your portfolio's position on the path of interest rates looking ahead.
Positive
ETF Trends
7 months ago
The Potential Benefits of Fidelity's Enhanced ETF Core Equity Suite
A plethora of strategies exist for investors looking for core equity exposure, but investors may want to consider the Fidelity Enhanced ETF equity suite. These ETFs, converted from mutual funds last November, carried over 15 years of trading for the strategies while seeking to outperform their various benchmarks.
Positive
ETF Trends
8 months ago
Looking at Growth Investing? Consider These ETFs to Start
Among the various investment styles out there, growth investing may be one of the most intriguing right now. While simple rate cuts alone may not benefit growth stocks, sufficiently quick rate cuts could, according to research from data analytics firm Confluence.
Positive
Seeking Alpha
9 months ago
FELG: A Buy In The Current Growth-Focused Market Climate
ETF inflows totaled nearly $600 billion in 2023, with a significant portion coming in the fourth quarter. Three out of the five top-performing ETFs track the broader market, specifically the S&P 500. Fidelity's Enhanced Large Cap Growth ETF is a top-performing ETF that offers potential for alpha by focusing on large-cap growth stocks.
Positive
ETF Trends
1 year ago
Fidelity Launches Six Active Equity ETF Conversions
Fidelity Investments has completed six mutual-fund-to-ETF conversions, bringing its total ETF roster to 64 total ETFs.
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