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, growth in cloud and AI, and generally positive market sentiment. These strengths are partly offset by holdings such as Berkshire Hathaway, where bearish technical trends and the lack of a dividend make it less attractive for some investors. The fund is also meaningfully exposed to major technology and AI-focused companies, which can increase risk if that sector faces a downturn.

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)

AUM6.93B

RegionNorth America

Expense Ratio0.18%

Beta1.01

IssuerFidelity

Inception DateNov 20, 2023

Dividend Yield0.91%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume710,652

30 Day Avg. Volume1,227,116

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

46.43

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering218

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 leaning hard into U.S. Big Tech, with Nvidia, Apple, Microsoft, Amazon, and Alphabet steering the ship. Nvidia and Broadcom are the clear engines right now, riding the AI wave and giving the fund a strong tech tailwind. Amazon and Alphabet look steady to rising, adding support without too much drama. Apple has perked up recently but is still shaking off earlier weakness, while Microsoft’s mixed stretch means it’s not firing on all cylinders. Outside tech, Berkshire Hathaway has been lagging, acting as a small brake on an otherwise growth-focused, U.S.-centric portfolio.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NVDA	Nvidia	8.71%	$603.80M	$5.06T	99.22%	76 Outperform
AAPL	Apple	6.98%	$484.26M	$3.98T	27.35%	79 Outperform
MSFT	Microsoft	4.96%	$343.84M	$3.15T	8.60%	79 Outperform
AMZN	Amazon	4.40%	$305.06M	$2.84T	39.12%	71 Outperform
AVGO	Broadcom	3.80%	$263.67M	$2.00T	117.28%	76 Outperform
GOOGL	Alphabet Class A	3.50%	$242.72M	$4.15T	118.13%	85 Outperform
META	Meta Platforms	2.78%	$192.41M	$1.71T	23.44%	76 Outperform
GOOG	Alphabet Class C	2.53%	$175.09M	$4.15T	114.58%	82 Outperform
BRK.B	Berkshire Hathaway B	1.88%	$130.33M	$1.01T	-10.95%	66 Neutral
JPM	JPMorgan Chase	1.49%	$103.51M	$831.44B	28.13%	72 Outperform

FELC Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

37.80

Positive

100DMA

38.01

Positive

200DMA

37.18

Positive

Market Momentum

MACD

0.70

Negative

RSI

67.07

Neutral

STOCH

92.22

Negative

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 38.44, equal to the 50-day MA of 37.80, and equal to the 200-day MA of 37.18, indicating a bullish trend. The MACD of 0.70 indicates Negative momentum. The RSI at 67.07 is Neutral, neither overbought nor oversold. The STOCH value of 92.22 is Negative, 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	―	―	$6.93B	0.18%	74 Outperform
SPYI	―	―	$9.12B	0.68%	74 Outperform
DIVO	―	―	$6.92B	0.56%	70 Neutral
TCAF	―	―	$6.89B	0.31%	71 Outperform
GRNY	―	―	$4.33B	0.75%	73 Outperform
HELO	―	―	$4.00B	0.50%	73 Outperform

Performance Comparison

FELC

Fidelity Enhanced Large Cap Core ETF

39.70

9.05

29.53%

SPYI

NEOS S&P 500 High Income ETF

―

DIVO

Amplify CWP Enhanced Dividend Income ETF

―

TCAF

T. Rowe Price Capital Appreciation Equity ETF

―

GRNY

Fundstrat Granny Shots US Large Cap 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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