Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
Fidelity Enhanced Large Cap Value ETF
FELV performance and flow charts
Performance
Flows
Historic performance and flows
Data as of April 24, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +6.30% | +4.25% | +7.63% | +28.05% | ||
| Flows | +$38M | +$73M | +$123M | +$160M | - | - |
Characteristics
This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
| Management strategy | Active |
| Strategy | Long Only |
| Provider | Fidelity |
| N° of holdings | 329 |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | November 20, 2023 |
| ESG | No |
More data and info about FELV on Trackinsight
Exposure
Data as of March 31, 2026Diversification
Total weight of top 15 holdings out of 329
Top 15 Holdings
Sectors
Countries
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +12.38% | +10.88% | ||
Max drawdown | -6.76% | -6.76% | ||
Max drawdown duration | 43d | 43d | N/A | N/A |
Time to recover | 15d | 15d | N/A | N/A |
What type of ETF is FELV?
FELV is a Active ETF that provides exposure to Equity assets. It is managed by Fidelity.
What does FELV invest in?
This ETF provides exposure to Other Large Cap US Equities. It is part of the segment: US Large Cap Value.
What is the expense ratio of FELV?
The total expense ratio (TER) of FELV is 0.18%, representing the annual fee charged by the fund manager.
When was FELV launched?
FELV was launched on November 20, 2023, marking its entry into the ETF market.
Who is the issuer of FELV?
FELV is issued by Fidelity.
What is the AUM of FELV?
As of April 24, 2026, FELV manages $2.85 B, reflecting the total assets held in the fund.
How has FELV performed recently?
As of April 24, 2026, FELV delivered a return of 6.3% over the past month (1M performance), 4.25% over the past three months (3M), and 7.63% year-to-date (YTD).
What are the recent fund flows for FELV?
As of April 24, 2026, FELV has seen net flows of +$38M in the past month (1M flow) and +$123M year-to-date (YTD).
Does FELV pay dividends?
As of April 24, 2026, FELV has a trailing 12-month distribution yield of 1.61%.
How many holdings are in FELV
As of March 31, 2026, FELV holds 329 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is FELV?
As of March 31, 2026, FELV holds 329 securities, with 25.31% of its assets concentrated in its top 15 holdings.
What are the top holdings of FELV?
As of March 31, 2026, FELV holds a portfolio of 329 underlyings, with its largest positions including BERKSHIRE HATHWAY, JPMORGAN CHASE and EXXON. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does FELV invest in?
As of March 31, 2026, FELV has its largest geographic exposures in USA.
What sectors or themes does FELV focus on?
As of March 31, 2026, FELV is primarily exposed to Financials, Information Technology and Industrials.
Advantages of ETFs over Mutual Funds1/6
Lower Costs
In this guide, we'll explore the advantages of ETFs over mutual funds, giving you valuable insights into why ETFs have gained significant popularity among investors like yourself.
Leveraged ETFs: Unlocking the Potential for Amplified Returns1/6
Understanding Leveraged ETFs
Explore leveraged ETFs: potential for amplified returns & risks. 5 ETFs to consider across equities, commodities & fixed income.
What is a Leveraged ETF?1/6
Introducing Leveraged and Inverse ETFs
In this guide, we'll dive into the world of leveraged ETFs, exploring their definition, mechanics, potential risks, and rewards.
Recent educational content
Asset TV
The ETF Show - Investors Can Fight Healthcare Inflation with Newly Launched ETFs
Adam Schenck, Principal and Managing Director of Fund Services at Milliman joined The ETF Show to discuss Milliman's first ETFs designed to hedge against rising healthcare inflation.
ETF Trends
ETF Industry KPIs April 20, 2026
The ETF Industry saw 14 New Launches, 1 Ticker Change and 16 closures last week.
Asset TV
The ETF Show - Investors Run to Cash Alternatives as Markets Remain Volatile
Jason England, Portfolio Manager and Fixed Income Strategist from Simplify joined The ETF Show to discuss investor allocations to fixed income as markets continue on their rollercoaster ride.
ETF Trends
ETF Industry KPIs March 30, 2026
The ETF Industry saw 33 New Launches, 1 Ticker Change and 9 closures last week.
Browse all educational columns
Calamos Investments Powers the Next Phase of the Autocallable Revolution
Join J.P. Morgan’s Bram Kaplan, Head of Americas Equity Derivatives Strategy and Matt Kaufman from Calamos Investments as they dive into the growing global opportunity in autocallable income—an increasingly dominant strategy within structured products, now available through ETFs.
Accepted for 1 CE Credit
