FELG - ETF AI Analysis
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Fidelity Enhanced Large Cap Growth ETF (FELG)
Rating:75Outperform
Price Target:―
Positive Factors
Large, Established Fund
The ETF manages a sizable pool of assets, suggesting it is widely used and has good trading liquidity for investors.
Strong Recent Momentum
The fund has shown solid gains over the past month and quarter, indicating improving short-term performance despite a slightly negative year-to-date result.
Exposure to Leading Growth Companies
Top holdings include several major technology and internet companies that have delivered strong or steady results this year, which can help drive long-term growth.
Negative Factors
High Concentration in a Few Stocks
A large portion of the portfolio is tied up in a small number of big names, which increases the impact if any of those companies run into trouble.
Heavy Tilt Toward Technology
More than half of the fund is invested in the technology sector, making it vulnerable if tech stocks fall out of favor.
Limited Geographic Diversification
With almost all assets in U.S. companies, the ETF offers little protection if the U.S. market underperforms other regions.
FELG vs. SPDR S&P 500 ETF (SPY)
AUM5.62B
RegionNorth America
Expense Ratio0.18%
Beta1.26
IssuerFidelity
Inception DateNov 20, 2023
Dividend Yield0.34%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume326,583
30 Day Avg. Volume695,970
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
52.77Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering125
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 large U.S. companies with strong growth potential, rather than tracking a set index. It leans heavily into fast-growing areas like technology and communication services. Well-known holdings include Nvidia, Apple, Microsoft, Amazon, and Alphabet (Google). Someone might invest in FELG to seek long-term growth by owning many leading U.S. companies in one investment. A key risk is that it is heavily tilted toward tech and other growth stocks, so its price can rise and fall more sharply than the overall market.
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 a powerful wave of U.S. mega-cap tech, with Nvidia, Apple, and Broadcom doing most of the heavy lifting as their shares continue to climb on the back of AI and chip demand. Alphabet and Amazon are also rising, giving the fund a broad Big Tech backbone. On the flip side, Microsoft looks a bit unsteady and Meta is losing steam, tempering some of those gains, while Tesla’s mixed performance adds a touch of volatility. Overall, this is a U.S.-centric, tech-heavy growth story with a few high-profile speed bumps.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 14.39% | $802.70M | $5.21T | 64.01% | 76 Outperform | |
| Apple | 11.95% | $666.47M | $4.54T | 58.15% | 79 Outperform | |
| Microsoft | 8.10% | $451.85M | $3.11T | -7.02% | 79 Outperform | |
| Broadcom | 6.18% | $345.00M | $1.96T | 81.07% | 76 Outperform | |
| Amazon | 4.97% | $277.18M | $2.86T | 32.50% | 71 Outperform | |
| Alphabet Class A | 4.37% | $243.72M | $4.62T | 127.32% | 85 Outperform | |
| Alphabet Class C | 3.67% | $204.50M | $4.62T | 123.70% | 82 Outperform | |
| Meta Platforms | 3.44% | $191.89M | $1.55T | -2.68% | 76 Outperform | |
| Tesla | 3.21% | $179.16M | $1.60T | 25.54% | 73 Outperform | |
| Eli Lilly & Co | 2.09% | $116.56M | $1.00T | 49.22% | 72 Outperform |
FELG Technical Analysis
Positive
―
Price Trends
40.85
Positive
40.65
Positive
40.71
Positive
Market Momentum
0.88
Positive
67.22
Neutral
58.24
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FELG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 43.35, equal to the 50-day MA of 40.85, and equal to the 200-day MA of 40.71, indicating a bullish trend. The MACD of 0.88 indicates Positive momentum. The RSI at 67.22 is Neutral, neither overbought nor oversold. The STOCH value of 58.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FELG.
FELG Peer Comparison
Comparison Results
Performance Comparison
FELG
Fidelity Enhanced Large Cap Growth ETF
44.18
9.38
26.95%
JGRO
JPMorgan Active Growth ETF
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SPYI
NEOS S&P 500 High Income ETF
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TCHP
T. Rowe Price Blue Chip Growth ETF
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TGRT
T. Rowe Price Growth ETF
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TGRW
T. Rowe Price Growth Stock 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.
DisclaimerThis 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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