Fidelity Enhanced Large Cap Growth ETF
FELG
Market cap $3.23B

35.82 USD

+0.29

0.82%

At close Dec 20, 4:00 PM EST

After hours

36.09

+0.27

0.75%

1 day

0.82%

5 days

-1.86%

1 month

4.04%

3 months

9.27%

6 months

10.90%

Year to date

38.57%

1 year

37.72%

5 years

42.14%

10 years

42.14%

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]

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Research analyst outlook

We haven’t received any recent analyst ratings for FELG.

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Financial journalist opinion

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.

Fidelity Crosses $100 Billion ETF Milestone

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.

FELG: Honest Growth ETF With No Edge Over Competitors

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.

6 ETFs to Enhance Your Equity Portfolio

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.

Fidelity Offers Core Equity Exposure with Active Benefits

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.

FELG: A Leaner Alternative To SCHG, Outperforming For Now

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.

Whichever Direction Rates Move, Consider Looking to Fidelity ETFs

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.

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.

Looking at Growth Investing? Consider These ETFs to Start

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.

FELG: A Buy In The Current Growth-Focused Market Climate

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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