FELC
Fidelity Enhanced Large Cap Core ETF
📎 Investment Objective
The Fidelity Enhanced Large Cap Core ETF (FELC) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity U.S. Large Cap Index.
Overview
ETF tracking Fidelity Enhanced Large Cap Core ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity Enhanced Large Cap Core ETF (FELC) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity U.S. Large Cap Index.
🎯 Investment Strategy
The ETF employs a passive management approach, investing in a representative sample of securities included in the Fidelity U.S. Large Cap Index. The fund aims to replicate the performance of the index by holding a portfolio of the largest U.S. companies by market capitalization.
✨ Key Features
- Broad exposure to the large-cap segment of the U.S. equity market
- Passively managed to track the Fidelity U.S. Large Cap Index
- Low expense ratio of 0.00%
- Suitable for core large-cap equity allocation in a diversified portfolio
⚠️ Primary Risks
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
- Concentration risk: The fund's performance may be more volatile due to its focus on large-cap stocks
- Tracking error risk: The fund may not perfectly track the performance of its underlying index
- Liquidity risk: In certain market conditions, it may be difficult to sell the fund's shares
👤 Best For
The Fidelity Enhanced Large Cap Core ETF is best suited for long-term investors seeking broad exposure to the large-cap segment of the U.S. equity market as part of a diversified portfolio. It may be appropriate for investors with a moderate risk tolerance who are looking for a low-cost, passively managed investment option.