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FELV - ETF AI Analysis
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Fidelity Enhanced Large Cap Value ETF (FELV)
Rating:72Outperform
Price Target:―
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)
AUM2.76B
RegionNorth America
Expense Ratio0.18%
Beta0.76
IssuerFidelity
Inception DateNov 20, 2023
Dividend Yield1.59%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume335,223
30 Day Avg. Volume180,188
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
40.57Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering345
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 being written by a mix of classic financials and modern giants. Berkshire Hathaway and JPMorgan have been lagging lately, acting as a bit of a brake on returns, while Alphabet and Amazon are doing more of the heavy lifting with steadily rising share prices. Micron has been a standout, giving the fund a surprising growth kick, and Exxon Mobil adds strength from the energy patch. Overall, it’s a U.S.-only portfolio with broad sector exposure but a noticeable tilt toward financials and big tech-related names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Berkshire Hathaway B | 3.31% | $91.78M | $1.08T | 3.14% | 66 Neutral | |
| JPMorgan Chase | 2.50% | $69.39M | $832.79B | 15.46% | 72 Outperform | |
| Amazon | 2.04% | $56.57M | $2.20T | -8.08% | 71 Outperform | |
| Alphabet Class A | 1.91% | $52.98M | $3.67T | 64.09% | 85 Outperform | |
| Exxon Mobil | 1.90% | $52.65M | $635.44B | 34.79% | 74 Outperform | |
| Alphabet Class C | 1.55% | $43.13M | $3.67T | 62.85% | 82 Outperform | |
| Johnson & Johnson | 1.47% | $40.79M | $590.40B | 54.63% | 78 Outperform | |
| Micron | 1.45% | $40.20M | $473.78B | 304.49% | 79 Outperform | |
| Walmart | 1.28% | $35.47M | $1.01T | 28.45% | 78 Outperform | |
| Procter & Gamble | 1.17% | $32.58M | $364.54B | -5.17% | 69 Neutral |
FELV Technical Analysis
Positive
―
Price Trends
35.53
Positive
34.54
Positive
33.07
Positive
Market Momentum
0.30
Positive
61.04
Neutral
52.81
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FELV, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 36.25, equal to the 50-day MA of 35.53, and equal to the 200-day MA of 33.07, indicating a bullish trend. The MACD of 0.30 indicates Positive momentum. The RSI at 61.04 is Neutral, neither overbought nor oversold. The STOCH value of 52.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FELV.
FELV Peer Comparison
Comparison Results
Performance Comparison
FELV
Fidelity Enhanced Large Cap Value ETF
36.52
5.11
16.27%
PVAL
Putnam Focused Large Cap Value ETF
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―
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JAVA
JPMorgan Active Value ETF
―
―
―
DFLV
Dimensional US Large Cap Value ETF
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―
―
DSTL
Distillate US Fundamental Stability & Value ETF
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―
―
SEIV
SEI Enhanced U.S. Large Cap Value Factor 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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