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Fidelity Enhanced Large Cap Growth ETF (FELG)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

Fidelity

Inception Date

Nov 20, 2023

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FELG vs. SCHG FELG vs. FSPGX FELG vs. FDTX FELG vs. FXAIX FELG vs. QQQM FELG vs. FFLG FELG vs. QQQ FELG vs. FTEC FELG vs. FELV FELG vs. FBGRX
Popular comparisons:
FELG vs. SCHG FELG vs. FSPGX FELG vs. FDTX FELG vs. FXAIX FELG vs. QQQM FELG vs. FFLG FELG vs. QQQ FELG vs. FTEC FELG vs. FELV FELG vs. FBGRX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Enhanced Large Cap Growth ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
14.07%
11.50%
FELG (Fidelity Enhanced Large Cap Growth ETF)
Benchmark (^GSPC)

Returns By Period

Fidelity Enhanced Large Cap Growth ETF had a return of 31.71% year-to-date (YTD) and 37.36% in the last 12 months.


FELG

YTD

31.71%

1M

1.41%

6M

14.07%

1Y

37.36%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.05%

1M

1.08%

6M

11.50%

1Y

30.38%

5Y (annualized)

13.77%

10Y (annualized)

11.13%

Monthly Returns

The table below presents the monthly returns of FELG, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20242.75%7.16%2.41%-4.13%6.53%7.04%-2.05%2.31%2.74%-0.54%31.71%
20230.08%4.12%4.20%

Expense Ratio

FELG has an expense ratio of 0.18%, which is considered low compared to other funds.


Expense ratio chart for FELG: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Enhanced Large Cap Growth ETF (FELG) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
No data
The chart of Sortino ratio for FELG, currently valued at 2.87, compared to the broader market-2.000.002.004.006.008.0010.0012.002.873.31
The chart of Omega ratio for FELG, currently valued at 1.40, compared to the broader market0.501.001.502.002.503.001.401.46
FELG
^GSPC

There is not enough data available to calculate the Sharpe ratio for Fidelity Enhanced Large Cap Growth ETF. We calculate this metric based on the past 12 months of trading data. Please check back later for updated information.

Chart placeholderNot enough data

Dividends

Dividend History

Fidelity Enhanced Large Cap Growth ETF provided a 0.40% dividend yield over the last twelve months, with an annual payout of $0.14 per share.


0.11%$0.00$0.01$0.01$0.02$0.02$0.03$0.032023
Dividends
Dividend Yield
PeriodTTM2023
Dividend$0.14$0.03

Dividend yield

0.40%0.11%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Enhanced Large Cap Growth ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.03$0.00$0.00$0.05$0.00$0.00$0.04$0.00$0.00$0.11
2023$0.03$0.03

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.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.88%
-1.40%
FELG (Fidelity Enhanced Large Cap Growth ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Enhanced Large Cap Growth 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 Growth ETF was 13.29%, occurring on Aug 7, 2024. Recovery took 47 trading sessions.

The current Fidelity Enhanced Large Cap Growth ETF drawdown is 1.88%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-13.29%Jul 11, 202420Aug 7, 202447Oct 14, 202467
-6.48%Mar 25, 202419Apr 19, 202417May 14, 202436
-3.28%Oct 30, 20242Oct 31, 20244Nov 6, 20246
-3.19%Dec 29, 20234Jan 4, 20244Jan 10, 20248
-2.94%Nov 13, 20243Nov 15, 2024

Volatility

Volatility Chart

The current Fidelity Enhanced Large Cap Growth ETF volatility is 5.71%, 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.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.71%
4.07%
FELG (Fidelity Enhanced Large Cap Growth ETF)
Benchmark (^GSPC)