The Fidelity Enhanced Large Cap Growth ETF (FELG) is a dynamic investment vehicle tailored for those seeking exposure to high-potential growth opportunities within the large-cap segment of the market. As a distinguished player in the "Size and Style" category, FELG is meticulously designed to capture the essence of growth investing, targeting businesses characterized by robust revenue streams, innovative business models, and strong market leadership.
This ETF is particularly focused on large-cap companies, typically those with a market capitalization exceeding $10 billion, offering investors access to established enterprises that are poised for continued expansion. FELG leverages Fidelity’s renowned expertise in active management, employing an enhanced strategy that aims to capitalize on market inefficiencies and deliver superior returns compared to traditional large-cap growth indices.
Investors in FELG can expect a portfolio that is both diversified and strategically concentrated in sectors known for rapid advancements and future growth potential, such as technology, consumer discretionary, and healthcare. The fund's rigorous selection process and commitment to identifying industry leaders make it an ideal choice for those who prioritize growth and are seeking a sophisticated approach to large-cap investments. With FELG, investors are not just buying into a fund, but into a future of possibilities driven by innovation and strategic growth initiatives.
Asset Class
Equity
Region
North America
Issuer
Fidelity
Index Tracked
No Underlying Index
Ticker Symbol
FELG
Fidelity Enhanced Large Cap Growth ETF (FELG) Fund Flow Chart
Fidelity Enhanced Large Cap Growth ETF (FELG) 1 year Net Flows: $446M
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.