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FELC - ETF AI Analysis
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Fidelity Enhanced Large Cap Core ETF (FELC)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key positions, such as Nvidia, Broadcom, and Microsoft, have delivered strong year-to-date performance, driving the fund's returns.
Low Expense Ratio
The ETF has a competitive expense ratio of 0.18%, making it cost-efficient compared to many other funds.
Sector Diversification
The fund is spread across multiple sectors, including Technology, Financials, and Consumer Cyclical, reducing reliance on any single industry.
Negative Factors
High Technology Exposure
With over 37% of the portfolio in Technology, the fund is heavily reliant on the performance of this sector, increasing sensitivity to tech market fluctuations.
Geographic Concentration
Nearly 98% of the fund's holdings are in U.S. companies, limiting exposure to international markets and diversification.
Underperforming Holdings
Some top holdings, like Amazon and Apple, have shown weaker year-to-date performance, potentially dragging down overall returns.
FELC vs. SPDR S&P 500 ETF (SPY)
AUM6.15B
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. Volume634,586
30 Day Avg. Volume954,368
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
44.82Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering173
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FELC Summary
The Fidelity Enhanced Large Cap Core ETF (FELC) is a fund that focuses on large-cap companies, primarily in the U.S., using advanced strategies to select stocks with strong growth potential. It includes well-known companies like Apple and Nvidia, making it a great option for investors looking to diversify their portfolio with established market leaders. With a focus on sectors like technology and financials, this ETF offers a mix of stability and growth opportunities. However, since it heavily invests in tech stocks, its performance can be sensitive to changes in the technology sector.
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
The Fidelity Enhanced Large Cap Core ETF (FELC) leans heavily into the technology sector, with standout names like Nvidia and Apple driving its performance. Nvidia's focus on AI and data centers has bolstered its long-term prospects, though recent momentum has been mixed. Apple remains a steady performer, supported by its services growth and operational efficiency. Meanwhile, Microsoft and Meta Platforms have faced some turbulence, with mixed technical signals and valuation concerns weighing on their short-term outlooks. With a strong U.S. focus and a tech-heavy tilt, this ETF is riding the wave of innovation but faces challenges from high valuations and sector concentration.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.58% | $464.98M | $4.57T | 39.65% | 76 Outperform | |
| Apple | 6.80% | $417.19M | $4.05T | 9.32% | 79 Outperform | |
| Microsoft | 5.19% | $318.27M | $3.62T | 15.65% | 79 Outperform | |
| Amazon | 4.29% | $263.31M | $2.48T | 5.78% | 71 Outperform | |
| Broadcom | 3.27% | $200.47M | $1.66T | 50.70% | 76 Outperform | |
| Meta Platforms | 2.89% | $177.57M | $1.66T | 12.50% | 76 Outperform | |
| Alphabet Class A | 2.83% | $173.59M | $3.79T | 65.64% | 85 Outperform | |
| Alphabet Class C | 2.62% | $160.81M | $3.79T | 65.17% | 82 Outperform | |
| Berkshire Hathaway B | 2.07% | $127.19M | $1.08T | 11.12% | 66 Neutral | |
| Eli Lilly & Co | 1.93% | $118.43M | $1.02T | 39.73% | 72 Outperform |
FELC Technical Analysis
Positive
―
Price Trends
37.77
Positive
37.10
Positive
34.77
Positive
Market Momentum
0.24
Negative
58.43
Neutral
83.88
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 38.17, equal to the 50-day MA of 37.77, and equal to the 200-day MA of 34.77, indicating a bullish trend. The MACD of 0.24 indicates Negative momentum. The RSI at 58.43 is Neutral, neither overbought nor oversold. The STOCH value of 83.88 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
Performance Comparison
FELC
Fidelity Enhanced Large Cap Core ETF
38.45
5.91
18.16%
QQQI
NEOS Nasdaq 100 High Income ETF
―
―
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SPYI
NEOS S&P 500 High Income ETF
―
―
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TCAF
T. Rowe Price Capital Appreciation Equity ETF
―
―
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DIVO
Amplify CWP Enhanced Dividend Income ETF
―
―
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GRNY
Fundstrat Granny Shots US Large Cap ETF
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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.
Disclaimer
This 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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