FELG vs. FFLG
Compare and contrast key facts about Fidelity Enhanced Large Cap Growth ETF (FELG) and Fidelity Fundamental Large Cap Growth ETF (FFLG).
FELG and FFLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FELG is an actively managed fund by Fidelity. It was launched on Nov 20, 2023. FFLG is an actively managed fund by Fidelity. It was launched on Feb 2, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FELG or FFLG.
Correlation
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.
Performance
FELG vs. FFLG - Performance Comparison
Key characteristics
FELG:
2.22
FFLG:
1.90
FELG:
2.86
FFLG:
2.51
FELG:
1.41
FFLG:
1.34
FELG:
2.90
FFLG:
2.18
FELG:
11.36
FFLG:
9.73
FELG:
3.40%
FFLG:
3.80%
FELG:
17.44%
FFLG:
19.51%
FELG:
-13.29%
FFLG:
-44.52%
FELG:
-1.47%
FFLG:
-1.76%
Returns By Period
In the year-to-date period, FELG achieves a 38.82% return, which is significantly higher than FFLG's 36.08% return.
FELG
38.82%
5.06%
14.17%
38.65%
N/A
N/A
FFLG
36.08%
3.10%
10.46%
36.94%
N/A
N/A
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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.
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.
Dividends
FELG vs. FFLG - Dividend Comparison
FELG's dividend yield for the trailing twelve months is around 0.51%, more than FFLG's 0.09% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
FELG Fidelity Enhanced Large Cap Growth ETF | 0.51% | 0.11% | 0.00% | 0.00% |
FFLG Fidelity Fundamental Large Cap Growth ETF | 0.09% | 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.
Volatility
FELG vs. FFLG - Volatility Comparison
Fidelity Enhanced Large Cap Growth ETF (FELG) and Fidelity Fundamental Large Cap Growth ETF (FFLG) have volatilities of 5.05% and 5.18%, 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.