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FELG vs. FFLG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FELG vs. FFLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Enhanced Large Cap Growth ETF (FELG) and Fidelity Fundamental Large Cap Growth ETF (FFLG). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
12.78%
10.33%
FELG
FFLG

Returns By Period

The year-to-date returns for both stocks are quite close, with FELG having a 30.29% return and FFLG slightly lower at 29.93%.


FELG

YTD

30.29%

1M

0.71%

6M

13.41%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

FFLG

YTD

29.93%

1M

-0.12%

6M

11.07%

1Y

39.33%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


FELGFFLG
Daily Std Dev17.02%19.12%
Max Drawdown-13.29%-44.52%
Current Drawdown-2.94%-3.03%

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FELG vs. FFLG - Expense Ratio Comparison

FELG has a 0.18% expense ratio, which is lower than FFLG's 0.38% expense ratio.


FFLG
Fidelity Fundamental Large Cap Growth ETF
Expense ratio chart for FFLG: current value at 0.38% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.38%
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%

Correlation

-0.50.00.51.01.0

The correlation between FELG and FFLG is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

FELG vs. FFLG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Large Cap Growth ETF (FELG) and Fidelity Fundamental Large Cap Growth ETF (FFLG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
No data
FELG
FFLG

Chart placeholderNot enough data

Dividends

FELG vs. FFLG - Dividend Comparison

FELG's dividend yield for the trailing twelve months is around 0.40%, more than FFLG's 0.03% yield.


TTM202320222021
FELG
Fidelity Enhanced Large Cap Growth ETF
0.40%0.11%0.00%0.00%
FFLG
Fidelity Fundamental Large Cap Growth ETF
0.03%0.00%1.50%0.55%

Drawdowns

FELG vs. FFLG - Drawdown Comparison

The maximum FELG drawdown since its inception was -13.29%, smaller than the maximum FFLG drawdown of -44.52%. Use the drawdown chart below to compare losses from any high point for FELG and FFLG. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.94%
-3.03%
FELG
FFLG

Volatility

FELG vs. FFLG - Volatility Comparison

Fidelity Enhanced Large Cap Growth ETF (FELG) and Fidelity Fundamental Large Cap Growth ETF (FFLG) have volatilities of 5.66% and 5.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.66%
5.84%
FELG
FFLG