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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
Large, Established Growth Holdings
The ETF’s biggest positions are in well-known large growth companies, which can provide strong long-term growth potential.
Focused Growth Sector Exposure
Heavy exposure to technology and communication services gives investors targeted access to sectors that often drive market growth.
Relatively Low Expense Ratio
The fund’s expense ratio is modest for an actively managed growth ETF, helping investors keep more of any returns over time.
Negative Factors
Recent Weak Performance
The ETF has shown weak returns over the past month, three months, and year-to-date, which may concern investors looking for near-term strength.
High Concentration in a Few Stocks
A small number of mega-cap names make up a large share of the portfolio, increasing the impact if any of these companies struggle.
Limited Geographic Diversification
With almost all assets in U.S. stocks, the fund offers little protection if the U.S. market underperforms other regions.
FELG vs. SPDR S&P 500 ETF (SPY)
AUM4.55B
RegionNorth America
Expense Ratio0.18%
Beta1.26
IssuerFidelity
Inception DateNov 20, 2023
Dividend Yield0.4%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume619,463
30 Day Avg. Volume592,836
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
50.27Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering112
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FELG Summary
The Fidelity Enhanced Large Cap Growth ETF (FELG) is an actively managed fund that focuses on fast-growing, large U.S. companies, mainly in technology and other growth-oriented sectors. It doesn’t track a set index, but instead uses Fidelity’s research to try to beat typical large-cap growth benchmarks. Top holdings include well-known names like Apple and Nvidia, along with other major tech and healthcare leaders. Someone might invest for long-term growth and broad exposure to leading U.S. companies. A key risk is that it is heavily tilted toward tech and growth stocks, so its price can swing a lot with market sentiment.
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
FELG is riding on the shoulders of U.S. mega-cap growth, with a heavy tilt toward Big Tech and AI. Nvidia and Broadcom are key engines here, tied to the AI chip boom, though their recent moves have been more steady than explosive. Apple, Microsoft, and Tesla, on the other hand, have been losing steam lately and are acting as a drag on the fund. Offsetting some of that weakness, Alphabet and Eli Lilly have been rising, giving the portfolio a helpful lift outside the core tech cluster.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 13.32% | $605.72M | $4.57T | 41.20% | 76 Outperform | |
| Apple | 11.61% | $527.84M | $3.88T | 7.75% | 79 Outperform | |
| Microsoft | 8.18% | $371.88M | $2.97T | -2.69% | 79 Outperform | |
| Broadcom | 5.29% | $240.65M | $1.58T | 52.13% | 76 Outperform | |
| Meta Platforms | 4.23% | $192.21M | $1.63T | -4.08% | 76 Outperform | |
| Amazon | 3.94% | $179.04M | $2.20T | -2.99% | 71 Outperform | |
| Alphabet Class A | 3.36% | $153.04M | $3.67T | 75.32% | 85 Outperform | |
| Eli Lilly & Co | 3.34% | $151.90M | $962.75B | 15.55% | 72 Outperform | |
| Alphabet Class C | 3.23% | $147.06M | $3.67T | 73.42% | 82 Outperform | |
| Tesla | 3.17% | $144.39M | $1.54T | 21.91% | 73 Outperform |
FELG Technical Analysis
Neutral
―
Price Trends
41.09
Negative
41.27
Negative
39.28
Positive
Market Momentum
-0.45
Positive
44.18
Neutral
45.96
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 40.35, equal to the 50-day MA of 41.09, and equal to the 200-day MA of 39.28, indicating a neutral trend. The MACD of -0.45 indicates Positive momentum. The RSI at 44.18 is Neutral, neither overbought nor oversold. The STOCH value of 45.96 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
39.91
4.92
14.06%
QQQI
NEOS Nasdaq 100 High Income ETF
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―
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PVAL
Putnam Focused Large Cap Value ETF
―
―
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JGRO
JPMorgan Active Growth ETF
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―
―
SPYI
NEOS S&P 500 High Income ETF
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―
―
TGRT
T. Rowe Price Growth 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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