Fidelity Enhanced Large Cap Value ETF (FELV)
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Learn moreETF Summary
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.
Risk Overview
Risk Overview Information Not Available
Performance & Risk
| YTD Return | 25.34% |
| 5y Average Return | 12.41% |
|---|---|
| Rank in Category (ytd) | -- |
| % Rank in Category (ytd) | -- |
| Beta (5Y Monthly) | 0.79 |
| Morningstar Risk Rating | -- |
Risk Statistics
| 3 Years | 5 Years | 10 Years | ||||
|---|---|---|---|---|---|---|
| |
FELV | Category Average | FELV | Category Average | FELV | Category Average |
|
Alpha
|
2.22 | -1.5 | 1.62 | -0.83 | -0.71 | -2.31 |
|
BETA
|
0.79 | 0.78 | 0.81 | 0.79 | 0.89 | 0.91 |
|
Mean Annual Return
|
1.66 | 1.3 | 1.09 | 0.89 | 1.08 | 1 |
|
R-squared
|
68.41 | 64.86 | 77.42 | 72.67 | 84.04 | 80.07 |
|
Standard Deviation
|
12.29 | -- | 14.68 | -- | 15.37 | -- |
|
Sharpe Ratio
|
1.25 | 0.85 | 0.62 | 0.49 | 0.68 | 0.62 |
|
Treynor Ratio
|
20.57 | 14.08 | 10.66 | 8.21 | 11.1 | 9.64 |
