FELG
Fidelity Enhanced Large Cap Growth ETF
📎 Investment Objective
The Fidelity Enhanced Large Cap Growth ETF (FELG) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity U.S. Large Cap Growth Index.
Overview
ETF tracking Fidelity Enhanced Large Cap Growth ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity Enhanced Large Cap Growth ETF (FELG) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity U.S. Large Cap Growth Index.
🎯 Investment Strategy
The ETF uses a passive, index-based approach to invest in large-capitalization U.S. growth stocks. It aims to track the performance of the Fidelity U.S. Large Cap Growth Index, which is designed to reflect the performance of large-capitalization U.S. growth stocks.
✨ Key Features
- Passive, index-based investment strategy
- Focuses on large-cap U.S. growth stocks
- Aims to track the performance of the Fidelity U.S. Large Cap Growth Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's investments may decline due to general market conditions or other factors
- Concentration risk: The ETF's performance may be more volatile due to its focus on large-cap growth stocks
- Tracking error risk: The ETF may not perfectly track the performance of its underlying index
- Liquidity risk: The ETF may have difficulty buying or selling certain investments at an optimal time and price
👤 Best For
The Fidelity Enhanced Large Cap Growth ETF may be suitable for investors seeking exposure to large-cap U.S. growth stocks as part of a diversified portfolio. It may be particularly appealing to investors who value a low-cost, passive investment approach.