FELG - ETF AI Analysis
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Fidelity Enhanced Large Cap Growth ETF (FELG)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Growth-Focused Top Holdings
Many of the largest positions, such as Nvidia, Apple, Alphabet, Broadcom, Micron, and Eli Lilly, have shown strong gains this year, helping support the fund’s overall performance.
Sector Tilt Toward Technology and Innovation
The ETF is heavily invested in technology and communication services, giving investors focused exposure to companies driving innovation and long-term growth trends.
Low Expense Ratio for an Active Growth Strategy
The fund’s relatively low expense ratio means investors keep more of the returns from its large-cap growth strategy compared with many actively managed alternatives.
Negative Factors
High Concentration in a Few Mega-Cap Stocks
A small group of companies, including Nvidia, Apple, Alphabet, Broadcom, and Microsoft, make up a large share of the portfolio, increasing the impact if any of them stumble.
Mixed Performance Among Top Holdings
Some major positions like Microsoft, Meta, and Tesla have shown weak or negative performance this year, which can drag on the fund’s overall results.
Limited International Diversification
With almost all assets in U.S. companies, the ETF offers little geographic diversification and is highly sensitive to the U.S. market’s ups and downs.
FELG vs. SPDR S&P 500 ETF (SPY)
AUM5.66B
RegionNorth America
Expense Ratio0.18%
Beta1.25
IssuerFidelity
Inception DateNov 20, 2023
Dividend Yield0.35%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume306,008
30 Day Avg. Volume392,029
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
55.77Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering134
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 communication services. It doesn’t track a single index, but follows a growth theme, aiming to beat traditional large-cap growth benchmarks by picking leaders in innovation and revenue growth. Top holdings include well-known names like Nvidia and Apple. Someone might invest in FELG for long-term growth and broad exposure to leading U.S. tech and growth companies. A key risk is that it is heavily tilted toward tech, so its price can swing sharply and may fall if growth or tech stocks struggle.
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 U.S. mega-cap tech wave, with Nvidia, Microsoft, and Micron doing most of the heavy lifting thanks to their strong, AI-fueled momentum. Alphabet is more of a mixed story, with recent choppiness but a solid long-term growth engine in search, cloud, and AI. Apple looks a bit tired in the short term, even if its broader trend is still constructive. On the downside, Meta and especially Tesla are dragging on returns, showing weaker recent performance and reminding investors that this tech-heavy, growth-focused fund can be bumpy when sentiment turns.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 15.49% | $862.45M | $5.15T | 24.46% | 76 Outperform | |
| Apple | 8.36% | $465.41M | $4.85T | 41.67% | 79 Outperform | |
| Alphabet Class A | 7.74% | $430.95M | $4.17T | 37.81% | 85 Outperform | |
| Broadcom | 5.02% | $279.32M | $1.62T | 0.56% | 76 Outperform | |
| Microsoft | 4.95% | $275.73M | $3.64T | -3.90% | 79 Outperform | |
| Meta Platforms | 3.82% | $212.63M | $1.72T | -12.55% | 76 Outperform | |
| Micron | 3.65% | $203.29M | $1.05T | 500.69% | 79 Outperform | |
| Eli Lilly & Co | 3.21% | $178.52M | $1.07T | 51.05% | 72 Outperform | |
| Alphabet Class C | 3.18% | $177.19M | $4.17T | 34.65% | 82 Outperform | |
| Tesla | 2.73% | $152.29M | $1.41T | -12.15% | 73 Outperform |
FELG Technical Analysis
Positive
―
Price Trends
43.67
Positive
43.58
Positive
41.92
Positive
Market Momentum
0.05
Positive
55.79
Neutral
57.36
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 43.93, equal to the 50-day MA of 43.67, and equal to the 200-day MA of 41.92, indicating a bullish trend. The MACD of 0.05 indicates Positive momentum. The RSI at 55.79 is Neutral, neither overbought nor oversold. The STOCH value of 57.36 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
44.41
3.13
7.58%
JGRO
JPMorgan Active Growth ETF
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TCAF
T. Rowe Price Capital Appreciation Equity ETF
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CNEQ
Alger Concentrated Equity 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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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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