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Fidelity Fundamental Large Cap Core ETF

FFLC

Market cap $1.22B

56.82 USD

+0.21

0.37%

At close Updated Nov 6, 4:00 PM EST

Pre-market

After hours

56.82

0.00

0%

1 day

0.37%

5 days

-2.35%

1 month

-5.28%

3 months

-5.47%

6 months

-2.29%

Year to date

5.73%

1 year

8.98%

5 years

87.09%

10 years

176.09%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 100%

Neutral 0%

Negative 0%

FFLC: The 2022 Outperformance Is Hiding An Important Detail

Recent "buy" ratings on the Fidelity Fundamental Large Cap Core ETF (FFLC), an active large-cap core ETF from Fidelity, appear to overlook the fund's rebranding and strategy change in February 2024. Nearly all of FFLC's relative outperformance versus SPY can be explained by a strong 2022, a year in which the fund overweighted Energy and underweighted Technology. FFLC is no longer a "New Millennium" ETF, and while there are some allocation differences among top stocks like Amazon and Alphabet, it doesn't feature any fundamental advantage over SPY.

FFLC: The 2022 Outperformance Is Hiding An Important Detail

Fidelity, Invesco Leaders on Opportunities in the Second Half

VettaFi's Midyear Market Outlook symposium Thursday saw industry leaders take on the big questions. Where is the market going?

Fidelity, Invesco Leaders on Opportunities in the Second Half

FFLC: Active Management That Has Actually Beaten The S&P 500

Fidelity Fundamental Large Cap Core ETF offers a refined, actively managed alternative to S&P 500 funds, emphasizing risk-adjusted returns and fundamental strength. FFLC excludes high-valuation, low-profitability names, focusing on large-cap leaders with durable cash flows and reasonable forward P/E ratios. The fund has outperformed S&P 500 peers since inception, particularly during downturns, and features moderate technology exposure and modest international diversification.

FFLC: Active Management That Has Actually Beaten The S&P 500

Checking the Style Box: Fidelity's Systematic ‘Beta-Plus' Lineup

Active ETFs continue to experience explosive industry growth, and Fidelity is positioning itself as a leader. Fidelity has been long known for its fundamental stock-picking based active strategies, built on a rich heritage of deep company research.

Checking the Style Box: Fidelity's Systematic ‘Beta-Plus' Lineup

FFLC: Large Cap ETF With Strong Risk-Adjusted Returns

Fidelity Fundamental Large Cap Core ETF (FFLC) is reaffirmed as a Buy for core U.S. equity allocation, driven by outperformance since 2020. FFLC's actively managed, 103-stock portfolio closely tracks sector weights of benchmarks but moderately underweights technology and overweights industrials. FFLC has delivered superior risk-adjusted performance (Sharpe ratio) versus large-cap benchmarks and factor ETFs since its inception.

FFLC: Large Cap ETF With Strong Risk-Adjusted Returns

FFLC: Fundamentally Sound Large Caps Can Outperform Again In 2026

Fidelity Fundamental Large Cap Core ETF remains a buy, positioned to capitalize on large-cap tech and AI-driven earnings growth into 2026. FFLC outperformed the S&P 500 with a 119% five-year price return, driven by a balanced portfolio of growth and value large caps. Tech sector exposure (28%) and diversified holdings enable FFLC to benefit from robust AI investments and double-digit earnings growth forecasts.

FFLC: Fundamentally Sound Large Caps Can Outperform Again In 2026

FFLC: A Hold Owing To Performance, Factor Nuances

Fidelity Fundamental Large Cap Core ETF is an actively managed vehicle with about 98.2% of the net assets allocated to 102 common stocks and ADRs. FFLC has underperformed IVV and IWB since the strategy change in February 2024, delivering higher volatility and a downside capture ratio of close to 107%. While having solid quality and value characteristics, IT-heavy FFLC does not offer anything outstanding or unique to favor it over IVV.

FFLC: A Hold Owing To Performance, Factor Nuances

FFLC: An Attractive Track Record And Long-Term Growth Potential

FFLC offers active large-cap exposure with a strong track record, blending value, quality, and growth factors for consistent outperformance versus the S&P 500. The ETF's portfolio is distinctively weighted, favoring fundamentally strong names like Meta and Nvidia while underweighting or excluding high-volatility stocks like Tesla. FFLC has delivered impressive returns with lower risk and drawdowns, outperforming both broad-market and large-cap growth ETFs since inception.

FFLC: An Attractive Track Record And Long-Term Growth Potential

FFLC: Measured Exposure For Growth With Valuation Discipline

FFLC offers a growth-oriented, fundamentally-driven large cap portfolio, with a strong tilt toward mega-cap tech leaders and selective sector diversification. The fund trades at a slight valuation discount to the Russell 1000, yet delivers stronger historical earnings and sales growth than the benchmark. FFLC has outperformed both the Russell 1000 and its fundamental ETF peers over 3- and 5-year periods, with lower volatility and the best Sharpe ratio in the group.

FFLC: Measured Exposure For Growth With Valuation Discipline

Building a Diversified Portfolio With Fidelity ETFs: A Step-by-Step Guide

For many investors, building a diversified portfolio is one of the first steps in investing. Fidelity Investments' extensive range of ETFs offers a powerful toolkit to achieve this.

Building a Diversified Portfolio With Fidelity ETFs: A Step-by-Step Guide

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