FELVFidelity Enhanced Large Cap Value ETF

Grow my money19y track recordRanked #191 of 2,966 in this goal

Seeks capital appreciation.

By Fidelity Investments · Launched 2007

Annual Cost

0.18%

#884 of 5,568 · low cost

Fund Size

$3.0B

#576 of 5,568 · large

Return (1Y)Goal

+32.2%

Track Record

19 years

#465 of 5,568 · established

Performance

Total-return NAV · USD

Growth of $10,000

$13,192+31.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Large

Strategy

Active selection

Factor

Value

Index tracked

Russell 1000 Value Index

What it actually holds

By weight

Concentration

Top 10 holdings = 19.8% of fund✓ well diversified

BERKSHIRE HATHAWAY INC DEL

3.6%

JPMORGAN CHASE and CO

2.8%

AMAZON.COM INC

2.5%

ALPHABET INC

2.1%

ALPHABET INC

1.8%

EXXON MOBIL CORP

1.6%

Fidelity Revere Street Trust

1.4%

WALMART INC

1.4%

BANK OF AMERICA CORPORATION

1.4%

SALESFORCE INC

1.2%

Asset allocation

Stocks

99.0%

Cash

1.9%

By sector

Technology

21.0%

Financial Services

18.6%

Industrials

13.6%

Healthcare

10.3%

Communication

8.6%

Consumer Cyclical

7.7%

Energy

5.8%

Consumer Defensive

4.7%

Other

9.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

11.1%Moderate

Year-on-year price swings

Max drawdown

-16.1%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks capital appreciation.
Strategy: Invests primarily in common stocks included in the Russell 1000 Value Index, a market capitalization-weighted index measuring large-cap value performance in the U.S. equity market. Utilizes a research-driven approach to select a diversified group of stocks for higher total returns.
Inception date: April 19, 2007
Fund family: Fidelity Investments