- Issuer
- Fidelity
- Inception Date
- Feb 2, 2021
- Category
- Large Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Assets Under Management
- $590M
Share Price Chart
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Performance
FFLG Performance Chart
Fidelity Fundamental Large Cap Growth ETF (FFLG) is up 16.5% since the beginning of the year. FFLG is currently trading at $35 per share. Investors who bought $1,000 worth of FFLG shares 5 years ago would now be looking at an investment worth $1,809.
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Returns By Period
Fidelity Fundamental Large Cap Growth ETF (FFLG) has returned 16.49% so far this year and 39.38% over the past 12 months.
Fidelity Fundamental Large Cap Growth ETF
- 1D
- -0.90%
- 1M
- 7.34%
- YTD
- 16.49%
- 6M
- 16.21%
- 1Y
- 39.38%
- 3Y*
- 28.99%
- 5Y*
- 12.59%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
FFLG Monthly Returns History
Based on dividend-adjusted daily data since Feb 4, 2021, FFLG's average daily return is +0.05%, while the average monthly return is +1.06%. At this rate, an investment would double in approximately 5.5 years.
Historically, 54% of months were positive and 46% were negative. The best month was Apr 2026 with a return of +15.8%, while the worst month was Apr 2022 at -16.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FFLG closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +12.2%, while the worst single day was Apr 3, 2025 at -7.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.40% | -2.26% | -5.34% | 15.79% | 8.17% | 0.13% | 16.49% | ||||||
| 2025 | 3.15% | -4.87% | -10.00% | 0.99% | 10.24% | 7.82% | 4.70% | 0.75% | 5.28% | 3.34% | -1.59% | -0.12% | 19.61% |
| 2024 | 2.75% | 9.08% | 2.82% | -3.91% | 6.40% | 5.82% | -2.92% | 1.74% | 2.56% | -0.25% | 6.28% | -1.20% | 32.29% |
| 2023 | 11.13% | -1.07% | 5.75% | -1.09% | 8.92% | 6.05% | 6.34% | -3.38% | -5.16% | -3.33% | 12.78% | 6.09% | 49.71% |
| 2022 | -13.77% | -1.74% | 2.28% | -16.67% | -2.07% | -11.27% | 11.47% | -1.45% | -10.58% | 5.02% | 3.51% | -7.26% | -37.86% |
| 2021 | -4.59% | -2.56% | 5.89% | -2.28% | 7.77% | -0.24% | 4.02% | -5.33% | 6.01% | -5.32% | -0.48% | 1.72% |
Benchmark Metrics
Fidelity Fundamental Large Cap Growth ETF has an annualized alpha of -5.52%, beta of 1.39, and R2 of 0.83 versus S&P 500 Index. Calculated based on daily prices since February 05, 2021.
- This ETF participated in 129.31% of S&P 500 Index downside but only 120.15% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -5.52% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -5.52%
- Beta
- 1.39
- R²
- 0.83
- Upside Capture
- 120.15%
- Downside Capture
- 129.31%
Expense Ratio
FFLG has an expense ratio of 0.38%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FFLG ranks 62 for risk / return — better than 62% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Fundamental Large Cap Growth ETF (FFLG) and compare them to S&P 500 Index.
| FFLG | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.16 | 2.24 | -0.08 |
Sortino ratioReturn per unit of downside risk | 2.85 | 3.07 | -0.22 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.41 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.78 | 2.93 | -0.15 |
Martin ratioReturn relative to average drawdown | 10.87 | 13.52 | -2.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Fidelity Fundamental Large Cap Growth ETF provided a 0.13% dividend yield over the last twelve months, with an annual payout of $0.04 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $0.04 | $0.04 | $0.02 | $0.00 | $0.19 | $0.11 |
Dividend yield | 0.13% | 0.14% | 0.09% | 0.00% | 1.50% | 0.55% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Fundamental Large Cap Growth 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2021 | $0.11 | $0.11 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Fundamental 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 Fundamental Large Cap Growth ETF was 44.52%, occurring on Oct 14, 2022. Recovery took 397 trading sessions.
The current Fidelity Fundamental Large Cap Growth ETF drawdown is 0.90%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -44.52%Oct 2022 | 11mo 9d | 1y 7mo | 2y 6moNov 2021 - May 2024 |
2025 selloff2025 | -26.72%Apr 2025 | 2mo 14d | 2mo 23d | 5mo 7dJan 2025 - Jun 2025 |
2024 correction2024 | -14.33%Aug 2024 | 25d | 2mo 10d | 3mo 5dJul 2024 - Oct 2024 |
2026 correction2026 | -14.23%Mar 2026 | 5mo 1d | 15d | 5mo 16dOct 2025 - Apr 2026 |
2021 correction2021 | -13.93%Mar 2021 | 20d | 3mo 18d | 4mo 8dFeb 2021 - Jun 2021 |
Drawdown Indicators
| FFLG | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.52% | -56.78% | +12.26% |
Max Drawdown (1Y)Largest decline over 1 year | -14.23% | -9.10% | -5.13% |
Max Drawdown (3Y)Largest decline over 3 years | -26.72% | -18.90% | -7.82% |
Max Drawdown (5Y)Largest decline over 5 years | -44.52% | -25.43% | -19.09% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.90% | -0.74% | -0.16% |
Average DrawdownAverage peak-to-trough decline | -14.27% | -10.72% | -3.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 1.97% | +1.66% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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