FELGFIDELITY ENHANCED LARGE CAP GROWTH ETF
FIDELITY ENHANCED LARGE CAP GROWTH ETF
$43.87+0.45% today
364552-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
The desk’s read
Flows are quiet — the past month netted out near zero, while the price has returned +5.4% so far this year. At 0.18% a year it is not the cheapest way in — IVV runs the same ground at 0.03%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$2.8Bassets under management
0.18%expense ratio · $18 per $10,000 a year
—net flow, trailing month
415Kavg daily volume, 30 days
113holdings · US-domiciled
2023listed November 23, 2023 · beta 1.27
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | -2.4% |
| 1 month | +3.1% |
| 3 months | -0.7% |
| 6 months | +10.6% |
| YTD | +5.4% |
| 1 year | +12.7% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The risk read
20%realized volatility, 30 days (annualized)
17%realized volatility, 1 year
-16.3%deepest fall from a peak, 1 year
-3.6%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
—calls today
—puts today
—put/call ratio
207Kshares traded
The case against FELG
Due diligence cuts both ways. These funds sit on the same shelf and beat FELG on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| ITOT iShares Core S&P Total U.S. Stock Market ETF | 0.03% | $97.9B | +$245M | -15bp on fee · 35× the assets · +$245M in over the month | Head-to-head |
| IJH iShares Core S&P Mid-Cap ETF | 0.05% | $128.4B | +$547M | -13bp on fee · 46× the assets · +$547M in over the month | Head-to-head |
| IUSG iShares Core S&P U.S. Growth ETF | 0.04% | $33.8B | +$668M | -14bp on fee · 12× the assets · +$668M in over the month | Head-to-head |
| IUSV iShares Core S&P U.S. Value ETF | 0.04% | $28.1B | +$103M | -14bp on fee · 10× the assets · +$103M in over the month | Head-to-head |
| IVV iShares Core S&P 500 ETF | 0.03% | $900.9B | −$14.2B | -15bp on fee · 322× the assets | Head-to-head |