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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
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)
AUM6.55B
RegionNorth America
Expense Ratio0.18%
Beta1.00
IssuerFidelity
Inception DateNov 20, 2023
Dividend Yield0.93%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,184,531
30 Day Avg. Volume966,867
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
46.77Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering191
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. Big Tech and AI, with Nvidia and Apple doing much of the heavy lifting as their shares keep rising on the back of AI demand and a steady services story. Alphabet and Meta are also pulling their weight, giving the fund a strong tilt toward digital advertising and cloud. On the flip side, Microsoft and Amazon have been losing a bit of steam lately, acting as mild brakes rather than boosters. Overall, this is a U.S.-centric, tech-driven ETF whose fortunes are tightly tied to a handful of mega-cap innovators.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.93% | $519.70M | $4.52T | 59.64% | 76 Outperform | |
| Apple | 6.95% | $455.43M | $3.83T | 18.11% | 79 Outperform | |
| Microsoft | 4.76% | $311.76M | $3.01T | 5.64% | 79 Outperform | |
| Amazon | 3.93% | $257.42M | $2.28T | 9.02% | 71 Outperform | |
| Broadcom | 3.31% | $216.69M | $1.62T | 75.86% | 76 Outperform | |
| Alphabet Class A | 3.00% | $196.19M | $3.73T | 87.17% | 85 Outperform | |
| Meta Platforms | 2.63% | $172.29M | $1.66T | 5.70% | 76 Outperform | |
| Alphabet Class C | 2.39% | $156.52M | $3.73T | 82.50% | 82 Outperform | |
| Berkshire Hathaway B | 2.09% | $136.59M | $1.06T | -0.48% | 66 Neutral | |
| Eli Lilly & Co | 1.81% | $118.32M | $943.21B | 21.66% | 72 Outperform |
FELC Technical Analysis
Negative
―
Price Trends
38.33
Negative
38.02
Negative
36.58
Positive
Market Momentum
-0.14
Positive
43.76
Neutral
51.93
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FELC, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 38.13, equal to the 50-day MA of 38.33, and equal to the 200-day MA of 36.58, indicating a neutral trend. The MACD of -0.14 indicates Positive momentum. The RSI at 43.76 is Neutral, neither overbought nor oversold. The STOCH value of 51.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FELC.
FELC Peer Comparison
Comparison Results
Performance Comparison
FELC
Fidelity Enhanced Large Cap Core ETF
37.78
7.28
23.87%
QQQI
NEOS Nasdaq 100 High Income ETF
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SPYI
NEOS S&P 500 High Income ETF
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DIVO
Amplify CWP Enhanced Dividend Income ETF
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―
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TCAF
T. Rowe Price Capital Appreciation Equity 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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