Fidelity Enhanced Large Cap Core ETF (FELC)
The ETF seeks to track the S&P 500® Index by investing in a diversified selection of common stocks using quantitative analysis to potentially outperform the index. It includes both domestic and foreign issuers in its portfolio.
ETF Info
Apr 19, 2007
1x
No Index (Active)
Large-Cap
Growth
Expense Ratio
FELC has an expense ratio of 0.18%, which is considered low compared to other funds.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Enhanced Large Cap Core ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Enhanced Large Cap Core ETF had a return of 27.36% year-to-date (YTD) and 34.34% in the last 12 months.
FELC
27.36%
3.29%
14.48%
34.34%
N/A
N/A
^GSPC (Benchmark)
25.76%
3.01%
13.89%
31.70%
13.85%
11.26%
Monthly Returns
The table below presents the monthly returns of FELC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.03% | 5.60% | 3.32% | -4.34% | 4.54% | 4.00% | 0.85% | 2.27% | 1.93% | -0.31% | 27.36% | ||
| 2023 | 0.58% | 5.06% | 5.68% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FELC is 84, placing it in the top 16% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Enhanced Large Cap Core ETF (FELC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Enhanced Large Cap Core ETF provided a 0.76% dividend yield over the last twelve months, with an annual payout of $0.26 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $0.26 | $0.01 |
Dividend yield | 0.76% | 0.04% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Enhanced Large Cap Core ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.25 | |
| 2023 | $0.01 | $0.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Enhanced Large Cap Core ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Enhanced Large Cap Core ETF was 8.70%, occurring on Aug 5, 2024. Recovery took 32 trading sessions.
The current Fidelity Enhanced Large Cap Core ETF drawdown is 0.30%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.7% | Jul 17, 2024 | 14 | Aug 5, 2024 | 32 | Sep 19, 2024 | 46 |
| -5.08% | Apr 1, 2024 | 15 | Apr 19, 2024 | 18 | May 15, 2024 | 33 |
| -2.43% | Nov 12, 2024 | 4 | Nov 15, 2024 | — | — | — |
| -2.41% | Oct 21, 2024 | 9 | Oct 31, 2024 | 4 | Nov 6, 2024 | 13 |
| -1.91% | Dec 29, 2023 | 4 | Jan 4, 2024 | 4 | Jan 10, 2024 | 8 |
Volatility
Volatility Chart
The current Fidelity Enhanced Large Cap Core ETF volatility is 4.01%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.