Fidelity Enhanced Large Cap Growth ETF·Financial Services
A U.S. equity strategy maintaining a large-cap growth profile, leveraging a disciplined approach investing in companies with attractive characteristics.
Financial Services
Asset Management
2023-11-20
1.15
Market Peers







The S&P 500 has shed roughly its worst drawdown in the past 12 months during the early months of 2026, as tariff escalation and macro uncertainty rattled equity markets.

Most ETFs benchmarked to the Russell 1000 Growth Index just track it. Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) tries to beat it, using a quantitative multifactor model to tilt toward companies with stronger fundamentals and more reasonable valuations than the raw index delivers. That distinction defines exactly what kind of investor this fund is... FELG's Quant Edge Beats the Russell 1000 Growth Index, With a Catch

Savvy Advisors Inc. acquired a new position in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 73,736 shares of the company's stock, valued at approximately $3,075,000. Savvy Advisors Inc.

Fidelity Enhanced Large Cap Growth ETF is rated a buy after a 13% correction, trading near multi-year low valuations. FELG's portfolio is heavily weighted toward tech and the Magnificent 7, positioning it to benefit from robust sector earnings growth and AI-driven upside. The fund's quantitative approach, 0.18% expense ratio, and $36 per share price make it accessible and attractive for retail investors.

Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) has slipped about 8% since the start of 2026, tracking closely with its benchmark as large-cap growth stocks broadly retreat.

Most large cap growth ETFs hand you a market-cap-weighted slice of the same mega-cap names and call it a day.