FELV
Fidelity Enhanced Large Cap Value ETF
FELV is actively managed, investing in large-cap value stocks belonging to a broad US equity value index.
US
EQUITY
Active
MANAGEMENT STYLE
$ 2.9 B
ASSETS UNDER MGMT
18 bp
EXPENSES
Fund Basics
| Inception date | Apr 19, 2007 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| BERKSHIRE HATHAWAY INC-CL B | 3.1 % |
| JPMORGAN CHASE & CO | 2.7 % |
| AMAZON.COM INC | 2.5 % |
| ALPHABET INC. CLASS A | 2.4 % |
| EXXON MOBIL CORP | 2.3 % |
| MICRON TECHNOLOGY INC | 2.2 % |
| ALPHABET INC. CLASS C | 1.9 % |
| INTEL CORP | 1.7 % |
| JOHNSON & JOHNSON | 1.3 % |
| WAL-MART STORES INC | 1.3 % |
Constituent Breakdown
| Number of holdings | 365 |
| Herfindahl-Hirschman Index | 86 |
| Wgt avg mkt cap (mns) | $425,527 |
| Large cap (>$10bn) | 89.3% |
| Mid cap ($2-10bn) | 7.8% |
| Small cap (<$2bn) | 0.2% |
| Developed mkts. | 97.7% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 93.0 % |
 |
IRELAND | 2.5 % |
 |
BRITAIN | 1.8 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 9.4% | 27.0% | 16.5% | -- | -- | -- | -- | 18.5% |
| Dividend Yield | 0.0% | 1.7% | 1.7% | -- | -- | -- | -- | 1.9% |
| Total Returns | 9.4% | 28.6% | 18.2% | -- | -- | -- | -- | 20.4% | Ann. Volatility | 12.5% | 11.2% | 14.2% | -- | -- | -- | -- | 13.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.78 | 74% |
| MSCI EAFE | 0.59 | 58% |
| MSCI Emg Mkts | 0.40 | 43% |
Liquidity Measures
| Avg. volume (000) | 162 |
| ADV traded (mns) | $6 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.12% |
Technical Indicators
| 30d moving avg. (EMA) | $37.42 |
| Relative strength (RSI) | 62 |
| MACD/Signal | 0.59/0.59 |
| Bollinger Bands (Upper/Lower) | $38.99/$36.57 |
| Short interest (% of AUM) | 0.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FELV |
Expenses vs. FELV |
ALTAR Score™ vs. FELV |
|---|---|---|---|---|
| IWD | iShares Russell 1000 Value ETF | 61.0% | +1 bp | -0.3% |
| GVUS | Marketbeta Russell 1000 Value Equity ETF | 60.9% | -6 bp | -0.3% |
| VONV | Vanguard Russell 1000 Value ETF | 60.3% | -11 bp | -0.2% |
| IWX | iShares Russell Top 200 Value ETF | 58.3% | +2 bp | -0.7% |
| VTV | Vanguard Value ETF | 55.6% | -14 bp | +0.2% |
| FELC | Fidelity Enhanced Large Cap Core ETF | 55.3% | 0 bp | -1.2% |
| ILCV | iShares Morningstar Value ETF | 54.8% | -14 bp | -0.4% |
| SCHV | Schwab U.S. Large-Cap Value ETF | 52.8% | -14 bp | 0.0% |
| FNDX | Schwab Fundamental US Large Co. Index ETF | 51.6% | +7 bp | +0.3% |
| PRF | Invesco FTSE RAFI US 1000 ETF | 50.9% | +16 bp | -0.2% |
Risk and Returns: FELV vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/20/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
6.3%
ALTAR SCORE™
66th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,346 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. FELV's ALTAR Score™ is approximately 0.4 standard
deviations above the category average. This places FELV in the 66th percentile
among funds in the category.
Sell-Side Consensus
$41.92
PRICE TARGET
+9.8%
UPSIDE