FFLG
Fidelity Fundamental Large Cap Growth ETF
📎 Investment Objective
The Fidelity Fundamental Large Cap Growth ETF (FFLG) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Fundamental Large Cap Index, which is designed to reflect the performance of large-capitalization U.S. stocks exhibiting growth characteristics.
Overview
ETF tracking Fidelity Fundamental Large Cap Growth ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity Fundamental Large Cap Growth ETF (FFLG) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Fundamental Large Cap Index, which is designed to reflect the performance of large-capitalization U.S. stocks exhibiting growth characteristics.
🎯 Investment Strategy
The ETF invests in a representative sample of securities included in the Fidelity Fundamental Large Cap Index, which is composed of large-cap U.S. stocks that exhibit growth characteristics. The fund's investment advisor uses a passive management approach, attempting to replicate the performance of the index.
✨ Key Features
- Provides exposure to a diversified portfolio of large-cap U.S. growth stocks
- Passively managed to track the Fidelity Fundamental Large Cap Index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the securities it holds
- Growth investing risk: Growth stocks may be more volatile than other types of stocks and may perform differently from the market as a whole
- Concentration risk: The fund's performance may be more vulnerable to changes in the market value of a single issuer or group of issuers
- Lack of track record: As a new fund, it has a limited performance history to evaluate
👤 Best For
The Fidelity Fundamental Large Cap Growth ETF may be suitable for investors seeking exposure to a diversified portfolio of large-cap U.S. growth stocks as part of a broader investment strategy. Investors should have a long-term investment horizon and be willing to accept the volatility associated with growth-oriented equities.