FELG
+1.77 · +4.50%
$41.10 · NYSE ARCA

Fidelity Covington Trust (FELG) ETF Analysis | Large Growth

Fidelity Investments · USA
AUM:$4.5B
#– of – in Large Growth ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 11.2% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 0.18% — competitive for the exposure provided.

What is FELG?

The fund will invest at least 80% of assets in common stocks included in the Russell 1000® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth segment of the U. The adviser will generally utilizing a research-driven approach identifying long-term drivers of stock returns that may include,but are not limited to, valuation, growth, quality, and other factors.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Positive 1-Year Return
FELG returned 11.2% over the past year. Historical returns only — past performance is not indicative of future results.
Competitive Expense Ratio
Expense ratio of 0.18% — reasonable for the index exposure provided.
Concentrated Holdings
Top 10 holdings account for 59.8% of the ETF — significant weight in a small number of names.
ETF Information
AUM$4.5B
Expense Ratio0.18%
Dividend Yield0.39%
Holdings48
Inception DateApr 2007
Domicile–
Distribution–
Index–
ProviderFidelity Investments
Beta1.13
CategoryLarge Growth
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

Chart Tools

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+11.6%
1Y
+12.3%
3Y
+76.9%
5Y
+76.9%
OpenBook InsightIf you had invested £10,000 in FELG 5 years ago, it would have grown to £17,686 — a gain of £7,686.

Annual Returns

Calendar year performance

FELG delivered positive returns in 4 of the last 4 calendar years.
YearFELG
2026 YTD+6.1%
2025+18.6%
2024+37.4%
2023+4.2%
CAGR 3yr+19.3%
4/4 positive yearsAvg return: +16.6%Worst year: +4.2% (2023)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
19.3%
Low
Momentum
+3.0%
30-day change
Support Level
43.37
Key floor
Key Insights
  • Monitor key support and resistance levels as part of broader risk assessment.