FELV - ETF AI Analysis
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Fidelity Enhanced Large Cap Value ETF (FELV)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains so far this year and over the past few months, indicating positive recent momentum.
Leading Growth and Value Names in Top Holdings
Several major positions such as Amazon, Exxon Mobil, Alphabet, Micron, Johnson & Johnson, Walmart, and Intel have delivered strong year-to-date results, helping support the fund’s overall performance.
Low Expense Ratio
The fund’s relatively low fee means more of the ETF’s returns stay in investors’ pockets over time.
Negative Factors
Heavy U.S. Concentration
With almost all assets in U.S. companies, the ETF offers very limited international diversification and is highly tied to the U.S. market.
Sector Tilts Toward Financials and Technology
Large weights in financial and technology stocks mean the fund could be more sensitive if those sectors face a downturn.
Some Large Holdings Are Lagging
Key positions like Berkshire Hathaway and JPMorgan have shown weak year-to-date performance, which can drag on the fund if this continues.
FELV vs. SPDR S&P 500 ETF (SPY)
AUM2.85B
RegionNorth America
Expense Ratio0.18%
Beta0.76
IssuerFidelity
Inception DateNov 20, 2023
Dividend Yield1.61%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume188,103
30 Day Avg. Volume235,751
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
42.14Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering351
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FELV Summary
The Fidelity Enhanced Large Cap Value ETF (FELV) focuses on large, mostly U.S. companies that appear undervalued based on Fidelity’s research, rather than tracking a specific index. It spreads your money across many sectors like financials, technology, and industrials, and holds well-known names such as Berkshire Hathaway, JPMorgan Chase, Amazon, and Exxon Mobil. Someone might invest in FELV to seek long-term growth and income from solid, established companies while staying diversified. A key risk is that value stocks can stay out of favor for long periods, and the ETF’s 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 handful of big, U.S. blue chips. Tech and communication names like Amazon, Alphabet, Micron, and a resurgent Intel are doing the heavy lifting, with chip exposure in particular giving the fund an extra boost. Walmart has been a steady engine in the background, while Berkshire Hathaway has been losing steam and modestly holding back results. Financials and energy, led by JPMorgan and Exxon Mobil, add classic value flavor, but the real action is in tech-driven rebound plays.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Berkshire Hathaway B | 3.15% | $89.86M | $1.01T | -10.95% | 66 Neutral | |
| JPMorgan Chase | 2.72% | $77.53M | $831.44B | 28.13% | 72 Outperform | |
| Amazon | 2.46% | $70.09M | $2.84T | 39.12% | 71 Outperform | |
| Exxon Mobil | 2.28% | $64.81M | $618.95B | 36.42% | 74 Outperform | |
| Alphabet Class A | 2.16% | $61.65M | $4.15T | 118.13% | 85 Outperform | |
| Micron | 2.07% | $59.00M | $560.17B | 567.72% | 79 Outperform | |
| Alphabet Class C | 1.75% | $49.78M | $4.15T | 114.58% | 82 Outperform | |
| Intel | 1.43% | $40.86M | $414.43B | 314.38% | 64 Neutral | |
| Johnson & Johnson | 1.37% | $38.95M | $547.64B | 45.05% | 78 Outperform | |
| Walmart | 1.28% | $36.51M | $1.04T | 33.99% | 78 Outperform |
FELV Technical Analysis
Positive
―
Price Trends
35.91
Positive
35.57
Positive
34.16
Positive
Market Momentum
0.47
Negative
68.65
Neutral
80.74
Negative
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 36.39, equal to the 50-day MA of 35.91, and equal to the 200-day MA of 34.16, indicating a bullish trend. The MACD of 0.47 indicates Negative momentum. The RSI at 68.65 is Neutral, neither overbought nor oversold. The STOCH value of 80.74 is Negative, 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
37.17
7.83
26.69%
PVAL
Putnam Focused Large Cap Value ETF
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JAVA
JPMorgan Active Value ETF
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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.
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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