FELC - ETF AI Analysis

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Fidelity Enhanced Large Cap Core ETF (FELC)

Rating:74Outperform

Price Target:―

FELC, the Fidelity Enhanced Large Cap Core ETF, has a solid overall rating driven mainly by its large positions in high-quality tech leaders like Apple, Microsoft, and Alphabet, which benefit from strong financial performance and long-term growth in areas such as cloud computing and AI. However, the fund is heavily tilted toward a handful of big technology and AI-related names like Nvidia and Broadcom, which adds concentration risk and exposes investors to potential volatility if sentiment toward this sector weakens. Berkshire Hathaway is a comparatively weaker holding due to bearish technical signals and no dividend, which slightly tempers the fund’s overall appeal.

Positive Factors

Strong Growth Leaders in Top Holdings

Several major positions like Nvidia, Amazon, Broadcom, and Alphabet have shown strong recent performance, helping support the ETF’s returns.

Broad Sector Diversification

The fund spreads its investments across many sectors, including technology, financials, communication services, industrials, and consumer-related areas, which helps reduce reliance on any single industry.

Low Expense Ratio for an Active Strategy

The ETF’s relatively low fee for an enhanced large-cap strategy means more of the fund’s gains can stay in investors’ pockets over time.

Negative Factors

Heavy Tilt Toward Technology

With a large portion of assets in technology stocks, the fund is more exposed to swings in that sector than a more balanced large-cap ETF.

Concentration in a Few Mega-Cap Stocks

A small group of very large companies makes up a significant share of the portfolio, increasing the impact if any of these stocks run into trouble.

Limited International Diversification

Because the ETF is almost entirely invested in U.S. companies, it offers little exposure to growth or diversification opportunities in other regions.

FELC vs. SPDR S&P 500 ETF (SPY)

AUM7.82B

RegionNorth America

Expense Ratio0.18%

Beta1.01

IssuerFidelity

Inception DateNov 20, 2023

Dividend Yield0.85%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume1,143,882

30 Day Avg. Volume898,380

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

50.19

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering251

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

FELC Summary

Fidelity Enhanced Large Cap Core ETF (FELC) is a U.S. stock fund that focuses on large, well-known companies and aims to slightly “enhance” returns using Fidelity’s data-driven stock picking instead of tracking a set index. It holds many big names such as Apple and Nvidia, and spreads investments across several sectors, with a heavy tilt toward technology. Someone might consider FELC to get broad, long-term growth potential from leading U.S. companies in a single, diversified fund. A key risk is that it is heavily exposed to large U.S. tech stocks, so its value can rise and fall sharply with that part of the market.

How much will it cost me?The Fidelity Enhanced Large Cap Core ETF (Ticker: FELC) has an expense ratio of 0.18%, meaning you’ll pay $1.80 per year for every $1,000 invested. This is lower than average for actively managed ETFs, as it uses advanced quantitative techniques to manage the portfolio efficiently while keeping costs relatively low.

What would affect this ETF?The Fidelity Enhanced Large Cap Core ETF (FELC) could benefit from continued growth in the technology sector, which makes up a significant portion of its holdings, as well as strong performance from top companies like Nvidia, Apple, and Microsoft. However, it may face challenges if interest rates rise, potentially impacting growth stocks, or if economic uncertainty affects consumer spending and financial markets. Its focus on U.S. large-cap companies means it is sensitive to domestic economic conditions and regulatory changes.

FELC Top 10 Holdings

FELC is riding a tech-heavy wave, with Nvidia, Apple, and Broadcom doing much of the heavy lifting thanks to their AI and chip-driven momentum, even if they’ve cooled a bit in the very short term. Alphabet and Amazon add more Big Tech punch, showing mostly rising but occasionally choppy performance. Microsoft and Meta are more of a mixed bag lately, losing some steam and acting as a mild drag. Micron is the surprise engine, surging on AI memory demand. Overall, this is a U.S.-centric, Big Tech–dominated story with a value-style ballast from Berkshire Hathaway.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NVDA	Nvidia	7.80%	$602.59M	$5.10T	44.72%	76 Outperform
AAPL	Apple	7.00%	$540.77M	$4.38T	47.40%	79 Outperform
MSFT	Microsoft	4.11%	$317.65M	$2.82T	-24.42%	79 Outperform
AMZN	Amazon	3.88%	$299.48M	$2.63T	11.66%	71 Outperform
GOOGL	Alphabet Class A	3.55%	$274.36M	$4.46T	111.68%	85 Outperform
AVGO	Broadcom	3.15%	$243.05M	$1.96T	54.52%	76 Outperform
GOOG	Alphabet Class C	2.32%	$178.86M	$4.46T	110.10%	82 Outperform
META	Meta Platforms	2.19%	$168.81M	$1.47T	-19.28%	76 Outperform
MU	Micron	2.11%	$163.06M	$1.28T	892.28%	79 Outperform
BRK.B	Berkshire Hathaway B	1.97%	$152.13M	$1.06T	0.19%	66 Neutral

FELC Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

41.16

Positive

100DMA

39.36

Positive

200DMA

38.46

Positive

Market Momentum

MACD

0.13

Positive

RSI

55.93

Neutral

STOCH

69.81

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FELC, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 41.56, equal to the 50-day MA of 41.16, and equal to the 200-day MA of 38.46, indicating a bullish trend. The MACD of 0.13 indicates Positive momentum. The RSI at 55.93 is Neutral, neither overbought nor oversold. The STOCH value of 69.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FELC.

FELC Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
FELC	―	―	$7.82B	0.18%	74 Outperform
TCAF	―	―	$7.28B	0.31%	71 Outperform
DIVO	―	―	$7.18B	0.56%	70 Outperform
GPIQ	―	―	$4.78B	0.29%	74 Outperform
GPIX	―	―	$4.60B	0.29%	73 Outperform
GRNY	―	―	$4.27B	0.75%	73 Outperform

Performance Comparison

FELC

Fidelity Enhanced Large Cap Core ETF

41.89

7.68

22.45%

TCAF

T. Rowe Price Capital Appreciation Equity ETF

―

DIVO

Amplify CWP Enhanced Dividend Income ETF

―

GPIQ

Goldman Sachs Nasdaq 100 Core Premium Income ETF

―

GPIX

Goldman Sachs S&P 500 Core Premium Income ETF

―

GRNY

Fundstrat Granny Shots US Large Cap ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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