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Fidelity Enhanced Large Cap Value ETF FELV

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FELV

Will FELV outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FELV’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FELV management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FELV’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Fidelity Enhanced Large Cap Value ETF's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FELV

More FELV Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Berkshire Hathaway Inc Class B

3.74 66.9 Mil
Financial Services

JPMorgan Chase & Co

3.13 55.9 Mil
Financial Services

Exxon Mobil Corp

2.74 49.0 Mil
Energy

Bank of America Corp

1.75 31.3 Mil
Financial Services

Walmart Inc

1.67 29.8 Mil
Consumer Defensive

Procter & Gamble Co

1.36 24.4 Mil
Consumer Defensive

UnitedHealth Group Inc

1.32 23.5 Mil
Healthcare

Johnson & Johnson

1.22 21.8 Mil
Healthcare

Pfizer Inc

1.12 20.1 Mil
Healthcare

ConocoPhillips

1.07 19.1 Mil
Energy