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FCOMvsLGROETF Comparison

ETF 1

FCOM

Fidelity MSCI Communication Services Index ETF

This fund is part of

US Communication Services Sector

-0.12%

Full FCOM fund page

VS

ETF 2

LGRO

Level Four Large Cap Growth Active ETF

This fund is part of

US Multi-Factor

+0.43%

Full LGRO fund page

Fidelity MSCI Communication Services Index ETF (FCOM) belongs to the US Communication Services Sector segment. Level Four Large Cap Growth Active ETF (LGRO) is part of the US Multi-Factor segment. FCOM's top 3 sector exposures are Technology, Telecommunications and Consumer Services. In contrast, LGRO's top sector exposures are Technology, Finance and Healthcare. FCOM is less expensive with a Total Expense Ratio (TER) of 0.084%, versus 0.5% for LGRO. FCOM is down -7.5% year-to-date (YTD) with -$223M in YTD flows. LGRO performs better with 15.7% YTD performance, and -$7M in YTD flows. Run a side-by-side ETF comparison of FCOM and LGRO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FCOM vs LGRO performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FCOM LGRO	-6.47%+1.22%	-1.98%+8.06%	-7.50%+15.70%	-5.84%+13.14%	+81.98%+107.59%	+32.67%n/a
Flows	FCOM LGRO	-$86M-$3M	-$170M-$1M	-$223M-$7M	-$195M+$5M	+$156M+$23M	+$239M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FCOM LGRO	+21.35%+14.26%	+18.46%+15.98%	+18.53%+18.88%	+21.76%n/a
Max drawdown	FCOM LGRO	-9.67%-4.33%	-13.51%-15.25%	-21.21%-23.28%	-44.64%n/a
Max drawdown duration	FCOM LGRO	36d56d	271d126d	129d149d	969dn/a

Trading data

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	FCOM	LGRO
Last sale 10/27/2026 at 1:30 PM	$67.28	$47.30
Previous close 10/27/2026	$67.34	$47.28
Consolidated volume 10/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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LGRO

is actively managed and doesn’t replicate an index

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	FCOM	LGRO
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/27/2026 at 1:30 PM

Live

Closed

	FCOM	LGRO
Last price	$67.28	$47.30
1D performance	-0.09%	+0.05%
AuM	$1.56 B	$143.72 M
E/R	0.084%	0.5%

Characteristics

	FCOM	LGRO
Management strategy	Passive	Active
Provider	Fidelity	ALPS
Benchmark	MSCI USA IMI Communication Services 25/50 Index	-
N° of holdings	85	49
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	October 21, 2013	August 22, 2023
ESG	No	No

More FCOM data on Trackinsight

More LGRO data on Trackinsight

Exposure

Countries

FCOM

USA

99.54%

Other

0.46%

LGRO

USA

100%

Other

0%

Sectors

FCOM

Technology

57.4%

Telecommunication.

22.02%

Consumer Services

18.75%

Other

1.82%

LGRO

Technology

55.55%

Finance

8.82%

Healthcare

7.33%

Other

28.3%

Diversification

FCOM

Total weight of top 15 holdings out of 15

80.44%

LGRO

Total weight of top 15 holdings out of 15

57.63%

Top 15 holdings

Data as of August 31, 2026

FCOM

Meta Platforms, Inc.

20.70%

Alphabet, Inc.

14.36%

Alphabet, Inc.

7.91%

Netflix, Inc.

4.51%

Verizon Communications, Inc.

4.50%

AT&T, Inc.

4.48%

The Walt Disney Co.

4.48%

Comcast Corp.

3.15%

T-Mobile US, Inc.

2.84%

Space Exploration Technologies Corp.

2.83%

Warner Bros. Discovery, Inc.

2.68%

Applovin Corp.

2.65%

Take-Two Interactive Software, Inc.

2.13%

Live Nation Entertainment, Inc.

1.72%

Omnicom Group, Inc.

1.51%

LGRO

Microsoft Corp.

7.20%

Apple, Inc.

6.55%

State Street Institutional Treasury Plus Money Market Fund

4.69%

Amazon.com, Inc.

4.57%

Alphabet, Inc.

4.31%

NVIDIA Corp.

4.16%

Twilio, Inc.

3.54%

UnitedHealth Group, Inc.

3.28%

Snowflake, Inc.

3.23%

PayPal Holdings, Inc.

3.19%

MongoDB, Inc.

2.85%

ServiceNow, Inc.

2.65%

Salesforce, Inc.

2.62%

Micron Technology, Inc.

2.41%

Phillips 66

2.38%

Frequently asked questions about FCOM and LGRO

How have the FCOM and LGRO ETFs performed in 2026?

As of October 27, 2026, FCOM is down -7.5% year-to-date (YTD), while LGRO has returned 15.7%. That puts LGRO better performer ahead so far this year.

Which ETF is attracting more investor money: FCOM or LGRO?

Year-to-date, the FCOM ETF saw -$223M in flows, compared to -$7M for LGRO.

Which ETF is more volatile: FCOM or LGRO?

Over the past year, FCOM had a volatility of 18.46%, while LGRO experienced 15.98%.

Which ETF is bigger: FCOM or LGRO?

As of October 27, 2026, FCOM holds $1.56 B in assets under management (AUM), while LGRO manages $143.72 M.

What sectors do the FCOM and LGRO ETFs invest in?

FCOM leans toward sectors like Technology, Telecommunications and Consumer Services. Meanwhile, LGRO focuses on Technology, Finance and Healthcare.

What are the top holdings of the FCOM ETF and LGRO ETF?

FCOM top holdings include Meta Platforms, Inc., Alphabet, Inc. and Alphabet, Inc.. LGRO holds in its top three: Microsoft Corp., Apple, Inc. and State Street Institutional Treasury Plus Money Market Fund.

Which ETF is more diversified: FCOM or LGRO?

FCOM holds 91 securities with 80.44% of its assets in the top 15. LGRO has 49 securities and a top 15 weight of 57.63%.

A Tale of Two Communication Services Giants

April 29, 2024

FCOM

FCOMvsLGROETF Comparison

Fidelity MSCI Communication Services Index ETF

Level Four Large Cap Growth Active ETF

FCOM vs LGRO performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FCOM and LGRO ETFs performed in 2026?

As of October 27, 2026, FCOM is down -7.5% year-to-date (YTD), while LGRO has returned 15.7%. That puts LGRO better performer ahead so far this year.

Which ETF is attracting more investor money: FCOM or LGRO?

Year-to-date, the FCOM ETF saw -$223M in flows, compared to -$7M for LGRO.

Which ETF is more volatile: FCOM or LGRO?

Over the past year, FCOM had a volatility of 18.46%, while LGRO experienced 15.98%.

Which ETF is bigger: FCOM or LGRO?

As of October 27, 2026, FCOM holds $1.56 B in assets under management (AUM), while LGRO manages $143.72 M.

What sectors do the FCOM and LGRO ETFs invest in?

FCOM leans toward sectors like Technology, Telecommunications and Consumer Services. Meanwhile, LGRO focuses on Technology, Finance and Healthcare.

What are the top holdings of the FCOM ETF and LGRO ETF?

FCOM top holdings include Meta Platforms, Inc., Alphabet, Inc. and Alphabet, Inc.. LGRO holds in its top three: Microsoft Corp., Apple, Inc. and State Street Institutional Treasury Plus Money Market Fund.

Which ETF is more diversified: FCOM or LGRO?

FCOM holds 91 securities with 80.44% of its assets in the top 15. LGRO has 49 securities and a top 15 weight of 57.63%.

A Tale of Two Communication Services Giants

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