FFLGFIDELITY GROWTH OPPORTUNITIES ETF
FIDELITY GROWTH OPPORTUNITIES ETF
$33.05+0.39% today
273552-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 +9.9% so far this year. At 0.38% a year it is not the cheapest way in — ESMV runs the same ground at 0.18%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$324Massets under management
0.38%expense ratio · $38 per $10,000 a year
—net flow, trailing month
78Kavg daily volume, 30 days
92holdings · US-domiciled
2024listed February 27, 2024 · beta 1.54
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | -2.1% |
| 1 month | +2.4% |
| 3 months | -2.4% |
| 6 months | +12.5% |
| YTD | +9.9% |
| 1 year | +17.7% |
| 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
22%realized volatility, 30 days (annualized)
21%realized volatility, 1 year
-14.2%deepest fall from a peak, 1 year
-6.1%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
The case against FFLG
Due diligence cuts both ways. These funds sit on the same shelf and beat FFLG 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 | |
|---|---|---|---|---|---|
| IUSG iShares Core S&P U.S. Growth ETF | 0.04% | $33.8B | +$668M | -34bp on fee · 104× the assets · +$668M in over the month | Head-to-head |
| IUSV iShares Core S&P U.S. Value ETF | 0.04% | $28.1B | +$103M | -34bp on fee · 87× the assets · +$103M in over the month | Head-to-head |
| ILCG iShares Morningstar Growth ETF | 0.04% | $3.3B | +$7M | -34bp on fee · 10× the assets · +$7M in over the month | Head-to-head |
| VUG Vanguard Growth Index Fund | 0.04% | $135.5B | — | -34bp on fee · 418× the assets | Head-to-head |
| VTV Vanguard Value Index Fund | 0.04% | $125.5B | — | -34bp on fee · 387× the assets | Head-to-head |