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FELV - AI Analysis
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Fidelity Enhanced Large Cap Value ETF (FELV)
Rating:72Outperform
Price Target:
$37.00
Positive Factors
Strong Top Holdings
Several key positions, such as Alphabet and JPMorgan Chase, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Broad Sector Diversification
The ETF is spread across 11 sectors, reducing the risk of being overly dependent on any single industry.
Low Expense Ratio
With a competitive expense ratio of 0.18%, this ETF allows investors to keep more of their returns compared to higher-cost funds.
Negative Factors
High U.S. Concentration
The ETF has over 97% exposure to U.S. companies, limiting diversification across global markets.
Underperforming Holding
Salesforce has shown negative year-to-date performance, which could drag on the fund's overall returns.
Sector Overweight in Financials
With over 20% of the portfolio in financials, the ETF is heavily exposed to potential risks in this sector.
FELV vs. SPDR S&P 500 ETF (SPY)
AUM2.48B
RegionNorth America
Expense Ratio0.18%
Beta0.76
IssuerFidelity
Inception DateNov 20, 2023
Dividend Yield1.72%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume100,768
30 Day Avg. Volume132,854
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
38.36Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering321
FELV Summary
The Fidelity Enhanced Large Cap Value ETF (FELV) is a fund that focuses on investing in large, established companies that are considered undervalued based on their financial metrics. It includes well-known names like Berkshire Hathaway and JPMorgan Chase, offering exposure to a mix of sectors such as financials, technology, and healthcare. Investors might consider FELV for its potential to provide steady growth and income through dividends, while benefiting from Fidelity's research expertise. However, since it primarily invests in large-cap value stocks, its performance can be affected by market conditions and may not grow as quickly as funds focused on high-growth companies.
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
The Fidelity Enhanced Large Cap Value ETF (FELV) leans heavily into financials, with Berkshire Hathaway and JPMorgan Chase playing key roles. While Berkshire has been steady, JPMorgan’s recent dip is holding back the fund’s momentum. Alphabet’s Class A and C shares are rising stars, buoyed by strong growth in AI and cloud services, adding a tech-driven spark to the portfolio. On the flip side, Amazon’s mixed performance and Salesforce’s struggles are dragging the tech sector’s overall contribution. With a U.S.-centric focus, the fund balances value-oriented financials with growth-driven tech, creating a dynamic but uneven mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Berkshire Hathaway B | 3.23% | $79.57M | $1.03T | 4.57% | 69 Neutral | |
| JPMorgan Chase | 2.84% | $69.87M | $840.08B | 36.14% | 70 Outperform | |
| Amazon | 2.33% | $57.51M | $2.46T | 19.49% | 77 Outperform | |
| Alphabet Class A | 1.85% | $45.66M | $3.32T | 57.38% | 82 Outperform | |
| Alphabet Class C | 1.60% | $39.46M | $3.32T | 56.22% | 83 Outperform | |
| Exxon Mobil | 1.53% | $37.61M | $496.46B | -0.20% | 79 Outperform | |
| Bank of America | 1.48% | $36.56M | $389.46B | 24.27% | 66 Neutral | |
| Walmart | 1.35% | $33.15M | $816.90B | 25.89% | 75 Outperform | |
| Salesforce | 1.19% | $29.26M | $239.39B | -15.16% | 78 Outperform | |
| Merck & Company | 1.08% | $26.50M | $216.26B | -17.41% | 76 Outperform |
FELV Technical Analysis
Positive
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Price Trends
33.28
Positive
32.47
Positive
31.41
Positive
Market Momentum
0.17
Negative
52.84
Neutral
76.72
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 33.54, equal to the 50-day MA of 33.28, and equal to the 200-day MA of 31.41, indicating a bullish trend. The MACD of 0.17 indicates Negative momentum. The RSI at 52.84 is Neutral, neither overbought nor oversold. The STOCH value of 76.72 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
33.63
3.22
10.59%
AVLV
Avantis U.S. Large Cap Value ETF
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PVAL
Putnam Focused Large Cap Value ETF
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DFLV
Dimensional US Large Cap Value ETF
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JAVA
JPMorgan Active Value ETF
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DSTL
Distillate US Fundamental Stability & Value 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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