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FELG - ETF AI Analysis
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Fidelity Enhanced Large Cap Growth ETF (FELG)
Rating:75Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, including Nvidia, Broadcom, and Netflix, have delivered strong year-to-date performance, driving overall returns.
Low Expense Ratio
The ETF has a competitive expense ratio, which helps investors keep more of their returns compared to higher-cost funds.
Technology Sector Leadership
With over half of its exposure in the technology sector, the ETF benefits from the strong performance of leading tech companies.
Negative Factors
High Sector Concentration
The ETF is heavily weighted toward technology, which increases risk if the sector faces a downturn.
Limited Geographic Diversification
Nearly all the ETF's holdings are U.S.-based, offering little exposure to international markets.
Underperformance in Key Holding
Amazon, one of the top holdings, has shown weak year-to-date performance, which could drag on overall returns.
FELG vs. SPDR S&P 500 ETF (SPY)
AUM4.73B
RegionNorth America
Expense Ratio0.18%
Beta1.26
IssuerFidelity
Inception DateNov 20, 2023
Dividend Yield0.38%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume475,561
30 Day Avg. Volume544,860
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
50.31Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering99
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FELG Summary
The Fidelity Enhanced Large Cap Growth ETF (FELG) is an investment fund that focuses on large companies with strong growth potential, like Apple and Nvidia. It includes businesses in sectors such as technology, consumer discretionary, and healthcare, which are known for innovation and expansion. FELG is actively managed to find opportunities for higher returns compared to traditional large-cap growth funds. Investors might consider this ETF for its focus on growth and diversification across leading industries. However, since over half of its investments are in technology companies, its performance can be heavily influenced by the ups and downs of the tech sector.
How much will it cost me?The Fidelity Enhanced Large Cap Growth ETF (FELG) has an expense ratio of 0.18%, which means you’ll pay $1.80 per year for every $1,000 invested. This is slightly higher than average because the fund is actively managed, aiming to outperform traditional large-cap growth indices by leveraging Fidelity’s expertise and strategic selection process.
What would affect this ETF?The Fidelity Enhanced Large Cap Growth ETF (FELG) could benefit from continued innovation and growth in sectors like technology and healthcare, as well as strong performance from top holdings such as Nvidia, Apple, and Microsoft. However, rising interest rates or economic slowdowns could negatively impact growth-focused companies, particularly in consumer discretionary and technology sectors. Regulatory changes or geopolitical tensions affecting U.S.-based large-cap firms may also pose risks to the ETF’s future performance.
FELG Top 10 Holdings
The Fidelity Enhanced Large Cap Growth ETF (FELG) leans heavily into technology, with names like Nvidia and Apple driving the fund’s performance thanks to their steady leadership in AI and consumer electronics. Microsoft’s mixed signals, stemming from cloud growth tempered by valuation concerns, add complexity to the tech-heavy lineup. Tesla’s recent rally has provided a spark, while Alphabet’s strong gains in AI and cloud services are a bright spot. However, Meta’s lagging performance and valuation worries weigh on the fund. With over half its exposure in U.S. tech, FELG is riding the innovation wave but remains vulnerable to sector-specific volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 12.53% | $593.02M | $4.49T | 36.15% | 76 Outperform | |
| Apple | 11.01% | $521.12M | $3.83T | 9.37% | 79 Outperform | |
| Microsoft | 10.04% | $475.22M | $3.55T | 14.12% | 79 Outperform | |
| Broadcom | 5.02% | $237.73M | $1.58T | 48.22% | 76 Outperform | |
| Amazon | 4.23% | $200.21M | $2.63T | 12.49% | 71 Outperform | |
| Meta Platforms | 4.03% | $190.79M | $1.65T | 4.90% | 76 Outperform | |
| Alphabet Class A | 3.54% | $167.44M | $3.97T | 69.46% | 85 Outperform | |
| Alphabet Class C | 3.44% | $162.80M | $3.97T | 68.77% | 82 Outperform | |
| Eli Lilly & Co | 3.36% | $159.13M | $1.03T | 35.66% | 72 Outperform | |
| Tesla | 3.19% | $150.97M | $1.45T | 10.40% | 73 Outperform |
FELG Technical Analysis
Neutral
―
Price Trends
41.73
Negative
41.01
Positive
37.87
Positive
Market Momentum
0.07
Positive
48.72
Neutral
42.06
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FELG, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 41.74, equal to the 50-day MA of 41.73, and equal to the 200-day MA of 37.87, indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 48.72 is Neutral, neither overbought nor oversold. The STOCH value of 42.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FELG.
FELG Peer Comparison
Comparison Results
Performance Comparison
FELG
Fidelity Enhanced Large Cap Growth ETF
41.66
6.81
19.54%
AVLV
Avantis U.S. Large Cap Value ETF
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JGRO
JPMorgan Active Growth ETF
―
―
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QQQI
NEOS Nasdaq 100 High Income ETF
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―
―
SPYI
NEOS S&P 500 High Income ETF
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―
―
PVAL
Putnam Focused Large Cap Value 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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