FELC - ETF AI Analysis

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Fidelity Enhanced Large Cap Core ETF (FELC)

Rating:73Outperform

Price Target:―

FELC (Fidelity Enhanced Large Cap Core ETF) has a solid overall rating because it is built around high‑quality large U.S. companies with strong financial performance and growth drivers, especially in technology and AI. Major positions like Apple, Microsoft, and Alphabet (both GOOGL and GOOG) boost the fund’s quality thanks to their profitability, leadership in cloud and AI, and generally positive technical trends, though many trade at premium valuations. The main risk is that the fund is heavily influenced by a concentrated group of large tech and AI-related names such as Nvidia, Meta, and Broadcom, where high valuations and some mixed or bearish technical signals could increase volatility.

Positive Factors

Well-Known Large-Cap Holdings

The ETF is built around many of the most established and widely followed U.S. companies, which can provide a more familiar and stable core for a portfolio.

Broad Sector Diversification

Holdings are spread across many sectors, with meaningful exposure to technology, financials, communication services, consumer areas, and industrials, helping reduce reliance on any single industry.

Low Expense Ratio

The fund’s expense ratio is relatively low for an actively managed large-cap ETF, which helps investors keep more of any returns over time.

Negative Factors

Heavy Tilt Toward Technology

A large portion of the portfolio is in technology stocks, which can increase the fund’s sensitivity to swings in that sector.

Weak Recent Performance

The ETF has shown slightly negative performance so far this year and over the past month, indicating recent returns have been soft.

High U.S. Concentration

Almost all of the fund’s assets are invested in U.S. companies, offering very little geographic diversification outside the United States.

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

AUM6.47B

RegionNorth America

Expense Ratio0.18%

Beta1.01

IssuerFidelity

Inception DateNov 20, 2023

Dividend Yield0.92%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume1,004,891

30 Day Avg. Volume901,181

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

45.44

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering203

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

FELC Summary

The Fidelity Enhanced Large Cap Core ETF (FELC) focuses on large U.S. companies and does not track a set index, instead using Fidelity’s own strategy to pick stocks. It holds many well-known names like Apple, Microsoft, Nvidia, and Amazon, and spreads investments across technology, finance, health care, and more. Someone might invest in FELC to get broad exposure to leading U.S. companies in a single fund, with the potential for long-term growth. A key risk is that it is heavily tilted toward technology stocks, so its price can rise and fall sharply with the tech 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 U.S. mega-cap tech, with Nvidia, Apple, Microsoft, and Broadcom forming the core engine. Lately, that engine has been sputtering a bit, as Apple, Microsoft, Meta, and Broadcom have been lagging and taking some wind out of the fund’s sails. Offsetting that, Alphabet has been a bright spot, rising steadily, while Amazon and Eli Lilly add a steadier, more defensive growth tone. Overall, this is a U.S.-centric, tech-driven story where a few giant names have an outsized say in short-term performance.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NVDA	Nvidia	7.89%	$520.91M	$4.57T	34.11%	76 Outperform
AAPL	Apple	6.91%	$455.97M	$3.88T	6.00%	79 Outperform
MSFT	Microsoft	4.49%	$296.15M	$2.97T	-4.25%	79 Outperform
AMZN	Amazon	3.68%	$242.98M	$2.20T	-8.08%	71 Outperform
AVGO	Broadcom	3.12%	$205.68M	$1.58T	47.30%	76 Outperform
GOOGL	Alphabet Class A	2.66%	$175.62M	$3.67T	64.09%	85 Outperform
META	Meta Platforms	2.59%	$170.99M	$1.63T	-7.20%	76 Outperform
GOOG	Alphabet Class C	2.35%	$155.46M	$3.67T	62.85%	82 Outperform
BRK.B	Berkshire Hathaway B	2.04%	$134.91M	$1.08T	3.14%	66 Neutral
LLY	Eli Lilly & Co	1.79%	$117.85M	$962.75B	17.19%	72 Outperform

FELC Technical Analysis

Technical Analysis Sentiment

Neutral

Last Price―

Price Trends

50DMA

38.34

Negative

100DMA

37.87

Positive

200DMA

36.15

Positive

Market Momentum

MACD

-0.05

Positive

RSI

46.96

Neutral

STOCH

42.18

Neutral

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 38.41, equal to the 50-day MA of 38.34, and equal to the 200-day MA of 36.15, indicating a neutral trend. The MACD of -0.05 indicates Positive momentum. The RSI at 46.96 is Neutral, neither overbought nor oversold. The STOCH value of 42.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FELC.

FELC Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
FELC	―	―	$6.47B	0.18%	―
QQQI	―	―	$8.71B	0.68%	―
SPYI	―	―	$7.81B	0.68%	―
DIVO	―	―	$6.47B	0.56%	―
TCAF	―	―	$6.30B	0.31%	―
GRNY	―	―	$4.14B	0.75%	―

Performance Comparison

FELC

Fidelity Enhanced Large Cap Core ETF

38.16

4.47

13.27%

QQQI

NEOS Nasdaq 100 High Income ETF

―

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

―

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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