FELV - ETF AI Analysis

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Fidelity Enhanced Large Cap Value ETF (FELV)

Rating:72Outperform

Price Target:―

FELV, the Fidelity Enhanced Large Cap Value ETF, earns a solid overall rating thanks to high-quality leaders like Alphabet (both GOOGL and GOOG), JPMorgan, and Micron, which bring strong financial performance, positive earnings call sentiment, and growth potential in areas like AI, cloud, and semiconductors. However, some holdings such as Berkshire Hathaway and Procter & Gamble face weaker technical trends or valuation concerns, which slightly weigh on the fund’s appeal. A key risk is that many of its top positions are large U.S. growth and tech-related names, so the ETF is exposed to shifts in sentiment toward these sectors.

Positive Factors

Broad Sector Diversification

The fund spreads its investments across many sectors, which can help reduce the impact if any one industry struggles.

Solid Recent Performance

The ETF has shown steady gains over the past few months, indicating positive recent momentum.

Low Expense Ratio

The fund charges relatively low fees, which helps investors keep more of their returns over time.

Negative Factors

Heavy U.S. Concentration

With almost all assets in U.S. stocks, the fund offers limited geographic diversification and is highly tied to the U.S. market.

Mixed Performance Among Top Holdings

Some of the largest positions, such as major financial and conglomerate stocks, have shown weak performance this year, which can drag on overall returns.

Significant Financial Sector Exposure

A large allocation to financial companies increases the fund’s sensitivity to interest rate changes and financial sector downturns.

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

AUM2.70B

RegionNorth America

Expense Ratio0.18%

Beta0.77

IssuerFidelity

Inception DateNov 20, 2023

Dividend Yield1.65%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume103,506

30 Day Avg. Volume178,614

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

41.45

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering346

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

FELV Summary

The Fidelity Enhanced Large Cap Value ETF (FELV) invests mainly in large, established U.S. companies that appear undervalued based on Fidelity’s research, rather than tracking a specific index. It focuses on “value” stocks across many sectors, including financials, industrials, and technology. Well-known holdings include Berkshire Hathaway, JPMorgan Chase, Amazon, Alphabet (Google), and Exxon Mobil. Someone might invest in FELV to seek long-term growth and income from a diversified mix of solid, blue-chip companies. A key risk is that value stocks can stay out of favor for long periods, and the share price can still go up and down with the overall stock market.

How much will it cost me?The Fidelity Enhanced Large Cap Value ETF (FELV) has an expense ratio of 0.18%, which means you’ll pay $1.80 per year for every $1,000 invested. This is lower than average because it’s passively managed, focusing on large-cap value stocks with a disciplined strategy to keep costs down.

What would affect this ETF?The Fidelity Enhanced Large Cap Value ETF (FELV) could benefit from a stable U.S. economy and strong performance in sectors like financials and technology, which make up a significant portion of its holdings. However, rising interest rates or economic slowdowns may negatively impact its financial sector exposure, while regulatory changes or shifts in consumer behavior could affect top holdings like Amazon and Alphabet. Overall, the ETF’s focus on undervalued large-cap stocks provides potential for long-term growth but may face challenges during periods of market volatility.

FELV Top 10 Holdings

FELV may wear a “value” label, but its story is a blend of classic defensives and a few growth giants. Micron has been the real engine lately, riding the AI and memory boom, while Exxon Mobil adds extra fuel with strong energy momentum. Steady performers like Johnson & Johnson, Walmart, and Procter & Gamble give the fund a sturdy, dividend-friendly backbone. On the flip side, Amazon has been losing steam, and Berkshire Hathaway has been more of a quiet passenger than a driver. Overall, it’s a U.S.-focused, large-cap mix with a tilt toward financials and industrials, plus selective Big Tech exposure.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
BRK.B	Berkshire Hathaway B	3.41%	$93.16M	$1.06T	-2.45%	66 Neutral
JPM	JPMorgan Chase	2.53%	$69.14M	$762.96B	25.62%	72 Outperform
AMZN	Amazon	2.21%	$60.29M	$2.25T	8.07%	71 Outperform
GOOGL	Alphabet Class A	2.03%	$55.33M	$3.67T	86.50%	85 Outperform
XOM	Exxon Mobil	2.00%	$54.66M	$639.72B	41.28%	74 Outperform
GOOG	Alphabet Class C	1.64%	$44.91M	$3.67T	84.06%	82 Outperform
JNJ	Johnson & Johnson	1.52%	$41.65M	$583.29B	48.50%	78 Outperform
MU	Micron	1.50%	$41.03M	$456.23B	327.22%	79 Outperform
WMT	Walmart	1.27%	$34.75M	$998.90B	48.32%	78 Outperform
PG	Procter & Gamble	1.20%	$32.68M	$349.76B	-10.73%	69 Neutral

FELV Technical Analysis

Technical Analysis Sentiment

Neutral

Last Price―

Price Trends

50DMA

35.99

Negative

100DMA

35.00

Positive

200DMA

33.54

Positive

Market Momentum

MACD

-0.21

Positive

RSI

32.43

Neutral

STOCH

17.02

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FELV, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 36.21, equal to the 50-day MA of 35.99, and equal to the 200-day MA of 33.54, indicating a neutral trend. The MACD of -0.21 indicates Positive momentum. The RSI at 32.43 is Neutral, neither overbought nor oversold. The STOCH value of 17.02 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FELV.

FELV Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
FELV	―	―	$2.70B	0.18%	72 Outperform
PVAL	―	―	$8.61B	0.55%	72 Outperform
JAVA	―	―	$5.85B	0.44%	71 Outperform
DFLV	―	―	$5.29B	0.21%	73 Outperform
DSTL	―	―	$1.88B	0.39%	72 Outperform
SEIV	―	―	$1.15B	0.15%	72 Outperform

Performance Comparison

FELV

Fidelity Enhanced Large Cap Value ETF

35.07

4.78

15.78%

PVAL

Putnam Focused Large Cap Value ETF

―

JAVA

JPMorgan Active Value ETF

―

DFLV

Dimensional US Large Cap Value ETF

―

DSTL

Distillate US Fundamental Stability & Value ETF

―

SEIV

SEI Enhanced U.S. Large Cap Value Factor 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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