Fidelity Enhanced Large Cap Growth ETF (FELG) belongs to the Large Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FELG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FELG
FELG charges 0.18% annually. There are 32 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.29B | Jun 2004 | FELG vs ILCB | |
| Vanguard Growth ETF | 0.03% | 393.80B | Jan 2004 | FELG vs VUG | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 52.75B | Sep 2000 | FELG vs SPYG | |
| iShares Core S&P U.S. Growth ETF | 0.04% | 32.41B | Jul 2000 | FELG vs IUSG | |
| Schwab U.S. Large-Cap Growth ETF | 0.04% | 60.56B | Dec 2009 | FELG vs SCHG |
Best Risk-Adjusted Alternatives to FELG
FELG has a PortfoliosLab risk / return rank of 34. There are 117 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 88.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Impact Shares NAACP Minority Empowerment ETF | 88 | 59.00M | Jul 2018 | FELG vs NACP | |
| Hartford Multifactor US Equity ETF | 88 | 692.72M | Feb 2015 | FELG vs ROUS | |
| Grizzle Growth ETF | 86 | 33.20M | Dec 2021 | FELG vs DARP | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 84 | 290.05M | Aug 2017 | FELG vs MFUS | |
| Wahed FTSE USA Shariah ETF | 84 | 931.20M | Jul 2019 | FELG vs HLAL |
Top Performing FELG Alternatives (YTD)
FELG is at 5.58% YTD. There are 150 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 37.01%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| SMART Earnings Growth ETF | 37.01% | 50.41M | Aug 2025 | FELG vs SGRT | |
| Mango Growth ETF | 31.48% | 239.95M | Dec 2025 | FELG vs GARY | |
| US Vegan Climate ETF | 29.54% | 186.14M | Sep 2019 | FELG vs VEGN | |
| Invesco S&P 500 Pure Growth ETF | 28.19% | 2.19B | Mar 2006 | FELG vs RPG | |
| F/m Emerald Special Situations ETF | 27.82% | 29.00M | Aug 2014 | FELG vs SPIT |
Lowest Volatility Alternatives to FELG
FELG has 16.63% 1-year volatility. There are 99 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 8.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 8.00% | 39.10M | May 2017 | FELG vs CCOR | |
| SPDR MSCI USA StrategicFactors ETF | 9.14% | 1.54B | Apr 2015 | FELG vs QUS | |
| Invesco Dividend Achievers™ ETF | 9.40% | 785.89M | Sep 2005 | FELG vs PFM | |
| iShares Core Dividend Growth ETF | 9.53% | 42.05B | Jun 2014 | FELG vs DGRO | |
| T. Rowe Price Dividend Growth ETF | 9.70% | 1.39B | Aug 2020 | FELG vs TDVG |
Lowest Drawdown Alternatives to FELG
FELG has a 1-year max drawdown of -16.17%. There are 136 ETFs in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -5.45%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverFront Dynamic US Dividend Advantage ETF | -5.45% | 87.62M | Jun 2016 | FELG vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 692.72M | Feb 2015 | FELG vs ROUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 290.05M | Aug 2017 | FELG vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 42.05B | Jun 2014 | FELG vs DGRO | |
| SPDR MSCI USA StrategicFactors ETF | -6.85% | 1.54B | Apr 2015 | FELG vs QUS |
Other ETFs from Fidelity
The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBTC and span 8 categories. AUM among these funds goes as high as $27B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 61 | 24.75% | 20.96B | Oct 2013 | FELG vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 72 | 11.28% | 9.74B | Sep 2016 | FELG vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 2 | -26.25% | 10.22B | Jan 2024 | FELG vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 38 | 0.34% | 26.62B | Oct 2014 | FELG vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 57 | 13.26% | 10.69B | Sep 2003 | FELG vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 46 | 12.69% | 6.97B | Jun 2020 | FELG vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 72 | 11.81% | 7.88B | Apr 2007 | FELG vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 31 | 8.15% | 2.35B | Oct 2013 | FELG vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 5 | -36.85% | 750.93M | Jul 2024 | FELG vs FETH | |
| Fidelity MSCI Real Estate Index ETF | REIT | 31 | 12.28% | 1.45B | Feb 2015 | FELG vs FREL |
Often Compared With FELG
Investors most often compare FELG with FSPGX, FFLG, FBGRX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FELG with Any Fund or Stock
Compare FELG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FELG with funds that move differently
Fidelity Enhanced Large Cap Growth ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FELG.
Explore FELG Diversifiers