ATLASFidelity Enhanced Large Cap Value ETF (FELV): outlook, holdings and fees
Fidelity Enhanced Large Cap Value ETF (FELV) is an exchange-traded fund and is managed by Fidelity Investments. The expense ratio is 0.17% and the yield is 1.47%. The ten largest holdings are 30% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FELV
| Last price | $43.20 (+0.6%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 59% |
| Likely 1-month range (50%) | $42.72 – $44.16 |
| Normal 1-day range (±1σ) | ±0.6% |
| Distribution yield | 1.47% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FELV fund facts
| Issuer | Fidelity Investments |
|---|---|
| Theme | US large caps |
| Assets under management | $3.5B |
| Expense ratio | 0.17% |
| Number of holdings | 49 |
| Portfolio turnover | 0% |
| Inception | Apr 19, 2007 |
| Exchange | NYSE |
The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. 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.
FELV top holdings
| Holding | Sector | Weight |
|---|---|---|
| Apple Inc. AAPL | Technology | 6.18% |
| Amazon.com Inc AMZN | Consumer Cyclical | 6.52% |
| Microsoft Corporation MSFT | Technology | 4.63% |
| Berkshire Hathaway Inc BRK-B | Financial Services | 3.04% |
| JPMorgan Chase & Co JPM | Financial Services | 2.70% |
| Exxon Mobil Corp XOM | Energy | 1.86% |
| Cisco Systems Inc CSCO | Technology | 1.30% |
| Johnson & Johnson JNJ | Healthcare | 1.34% |
| Intel Corporation INTC | Technology | 1.24% |
| UnitedHealth Group Incorporated UNH | Healthcare | 1.21% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FELV sector breakdown
| Sector | Weight |
|---|---|
| Technology | 24.8% |
| Financial Services | 17.5% |
| Healthcare | 14.4% |
| Industrials | 11.4% |
| Consumer Cyclicals | 9.8% |
| Energy | 6.0% |
| Consumer Defensive | 5.6% |
| Real Estate | 3.1% |
| Utilities | 2.7% |
| Communication Services | 2.7% |
| Basic Materials | 2.1% |
By region: North America 100.0%.
FELV returns and risk
| Year to date | +23.6% |
|---|---|
| 1 year | +27.2% |
| 3 years (annualised) | +23.1% |
| 5 years (annualised) | +12.2% |
| 10 years (annualised) | +12.2% |
| Volatility (3 years) | 12.0% |
| Sharpe ratio (3 years) | 1.27 |
Past returns do not guarantee future results.
FELV: frequently asked questions
What does FELV invest in?
Fidelity Enhanced Large Cap Value ETF invests in a portfolio of securities. Its largest holdings are Apple Inc. (6.2%), Amazon.com Inc (6.5%), Microsoft Corporation (4.6%), Berkshire Hathaway Inc (3.0%), JPMorgan Chase & Co (2.7%).
What is the FELV expense ratio?
0.17% a year: about $17.00 for every $10,000 invested.
What is the FELV dividend yield?
1.47%. ATLAS does not hold the exact distribution dates for ETFs.
Will FELV go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 59%, with a likely range (50%) of $42.72 to $44.16 from $43.20 today. It is a probability, not a prediction.
How has FELV performed?
Year to date +23.6%, one year +27.2%, three years +23.1% a year, five years +12.2% a year. Past returns do not guarantee future results.
Similar ETFs: US large caps
- Vanguard Total Stock Market ETF (VTI)
- Schwab U.S. Dividend Equity ETF (SCHD)
- iShares Core S&P Total U.S. Stock Market ETF (ITOT)
- Schwab U.S. Large-Cap ETF (SCHX)
- Schwab U.S. Large-Cap Growth ETF (SCHG)
- Vanguard Morningstar Large-Cap ETF (VV)
- Dimensional U.S. Core Equity 2 ETF (DFAC)
- iShares MSCI USA Quality Factor ETF (QUAL)
Educational information, not investment advice. Disclaimer