FELC - ETF AI Analysis
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Fidelity Enhanced Large Cap Core ETF (FELC)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered solid gains over the year to date and in recent months, showing positive momentum for investors.
Leading Technology Holdings
Several major technology names in the top holdings have shown strong or improving performance, helping drive the fund’s returns.
Low Expense Ratio
The fund’s relatively low fee means more of the ETF’s returns can stay in investors’ pockets over time.
Negative Factors
Heavy Technology Concentration
A large share of the portfolio is in the technology sector, which can increase the impact of a tech downturn on the fund.
High Weight in a Few Stocks
The top holdings make up a significant portion of the ETF, so weakness in these companies could meaningfully affect overall performance.
Limited Geographic Diversification
With almost all assets invested in U.S. companies, the fund offers little exposure to international markets.
FELC vs. SPDR S&P 500 ETF (SPY)
AUM7.89B
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. Volume596,136
30 Day Avg. Volume849,721
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
51.04Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering277
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FELC Summary
The Fidelity Enhanced Large Cap Core ETF (FELC) invests in many of the biggest U.S. companies, with a strong focus on technology and other major sectors of the economy. It doesn’t track a single index, but instead uses Fidelity’s own data-driven strategy to pick large, well-known stocks like Apple and Nvidia. Someone might consider FELC if they want broad exposure to leading U.S. companies in one fund, aiming for long-term growth and diversification. A key risk is that it leans heavily toward tech stocks, so its value can rise and fall sharply with the technology sector and overall stock 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 leaning heavily on Big Tech and AI, with Apple and Nvidia acting as the main engines of recent gains as both ride strong momentum in devices and data-center chips. Micron has been a surprise power boost, surging on AI memory demand, while Broadcom adds steady strength from its own semiconductor and infrastructure software exposure. On the flip side, Microsoft and Meta look a bit tired, with more mixed, lagging moves that dampen the overall tech rally. With all major holdings U.S.-based, this is essentially a bet on America’s largest, most tech-driven companies.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.24% | $651.12M | $5.01T | 19.22% | 76 Outperform | |
| Apple | 8.10% | $639.64M | $4.89T | 55.70% | 79 Outperform | |
| Microsoft | 4.01% | $317.05M | $2.84T | -25.70% | 79 Outperform | |
| Amazon | 3.60% | $284.26M | $2.50T | 0.29% | 71 Outperform | |
| Alphabet Class A | 3.30% | $260.82M | $3.89T | 65.51% | 85 Outperform | |
| Broadcom | 2.90% | $229.35M | $1.82T | 31.61% | 76 Outperform | |
| Alphabet Class C | 2.17% | $171.06M | $3.89T | 64.41% | 82 Outperform | |
| Meta Platforms | 2.02% | $159.95M | $1.51T | -16.48% | 76 Outperform | |
| Micron | 2.01% | $158.66M | $1.04T | 727.74% | 79 Outperform | |
| JPMorgan Chase | 1.97% | $155.39M | $946.43B | 18.28% | 72 Outperform |
FELC Technical Analysis
Neutral
―
Price Trends
41.83
Positive
40.01
Positive
38.89
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FELC, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 42.11, equal to the 50-day MA of 41.83, and equal to the 200-day MA of 38.89, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FELC.
FELC Peer Comparison
Comparison Results
Performance Comparison
FELC
Fidelity Enhanced Large Cap Core ETF
41.94
7.02
20.10%
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
―
―
―
HELO
JPMorgan Hedged Equity Laddered Overlay 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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