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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

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%

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


-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
12.65%
9.23%
FELG (Fidelity Enhanced Large Cap Growth ETF)
Benchmark (^GSPC)

Returns By Period

Fidelity Enhanced Large Cap Growth ETF had a return of 38.82% year-to-date (YTD) and 38.65% in the last 12 months.


FELG

YTD

38.82%

1M

5.06%

6M

14.17%

1Y

38.65%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

25.25%

1M

0.08%

6M

9.66%

1Y

25.65%

5Y*

13.17%

10Y*

11.11%

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
20242.74%7.16%2.41%-4.13%6.53%7.04%-2.05%2.31%2.74%-0.54%5.82%38.82%
20230.08%4.12%4.20%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 82, FELG is among the top 18% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FELG is 8282
Overall Rank
The Sharpe Ratio Rank of FELG is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of FELG is 8282
Sortino Ratio Rank
The Omega Ratio Rank of FELG is 8484
Omega Ratio Rank
The Calmar Ratio Rank of FELG is 8080
Calmar Ratio Rank
The Martin Ratio Rank of FELG is 7878
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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
The chart of Sharpe ratio for FELG, currently valued at 2.22, compared to the broader market0.002.004.002.222.07
The chart of Sortino ratio for FELG, currently valued at 2.86, compared to the broader market-2.000.002.004.006.008.0010.002.862.76
The chart of Omega ratio for FELG, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.001.411.39
The chart of Calmar ratio for FELG, currently valued at 2.90, compared to the broader market0.005.0010.0015.002.903.05
The chart of Martin ratio for FELG, currently valued at 11.36, compared to the broader market0.0020.0040.0060.0080.00100.0011.3613.27
FELG
^GSPC

The current Fidelity Enhanced Large Cap Growth ETF Sharpe ratio is 2.22. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Enhanced Large Cap Growth ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.802.002.202.402.602.80Sat 23Mon 25Wed 27Fri 29DecemberTue 03Thu 05Sat 07Mon 09Wed 11Fri 13Dec 15Tue 17Thu 19Sat 21Mon 23
2.22
2.07
FELG (Fidelity Enhanced Large Cap Growth ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Enhanced Large Cap Growth ETF provided a 0.51% dividend yield over the last twelve months, with an annual payout of $0.18 per share.


0.11%$0.00$0.01$0.01$0.02$0.02$0.03$0.032023
Dividends
Dividend Yield
PeriodTTM2023
Dividend$0.18$0.03

Dividend yield

0.51%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$0.05$0.16
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%JulyAugustSeptemberOctoberNovemberDecember
-1.47%
-1.91%
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 1.47%.


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
-3.58%Dec 17, 20242Dec 18, 2024
-3.28%Oct 30, 20242Oct 31, 20244Nov 6, 20246
-3.19%Dec 29, 20234Jan 4, 20244Jan 10, 20248

Volatility

Volatility Chart

The current Fidelity Enhanced Large Cap Growth ETF volatility is 5.05%, 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%JulyAugustSeptemberOctoberNovemberDecember
5.05%
3.82%
FELG (Fidelity Enhanced Large Cap Growth ETF)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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