AMEX · inception 2023-11-20 · beta 1.01 · avg volume 785,344 · holdings as of 2026-10-15 · prices through 2026-10-16
AUM$8.5B
Holdings304
Top-10 weight39.8%
1-yr return+17.2%
Max drawdown 5y-18.6%
Volatility 1y12.8%
Performance vs S&P 500 (SPY)
■ FELC■ SPY
Total return
1m
3m
6m
YTD
1y
3y
5y
FELC
-0.2%
+2.8%
+9.2%
+13.1%
+17.2%
—
—
SPY
+0.3%
+2.9%
+7.5%
+11.7%
+15.1%
+80.0%
+84.9%
Rebased to 100 five years ago, weekly adjusted closes. Max drawdown is the largest peak-to-trough fall in that window (trough 2025-04-08). 3y and 5y returns are cumulative.
Top holdings
#
Ticker
Name
Weight
1
NVDA
NVIDIA CORP
8.39%
2
AAPL
APPLE INC
7.88%
3
MSFT
MICROSOFT CORP
5.20%
4
AMZN
AMAZON.COM INC
3.87%
5
GOOGL
ALPHABET INC CL A
3.36%
6
AVGO
BROADCOM INC
2.73%
7
META
META PLATFORMS INC CL A
2.41%
8
GOOG
ALPHABET INC CL C
2.12%
9
BRK-B
BERKSHIRE HATHAWAY INC CL B
1.98%
10
LLY
ELI LILLY & CO
1.84%
Exposure
Sector
Technology42.0%
Financial Services12.2%
Healthcare9.6%
Communication Services9.2%
Industrials7.9%
Consumer Cyclical7.6%
Energy3.1%
Consumer Defensive3.0%
Basic Materials1.6%
Real Estate1.6%
Unclassified1.2%
Country
US96.4%
IE1.6%
Unclassified1.2%
SG0.4%
NL0.4%
AU0.0%
BM0.0%
GB0.0%
Weights of holdings joined to company profiles; bonds, cash and derivatives fall under Unclassified.
InsiderStreet scores of the holdings
Holdings-weighted score
Score
Percentile vs ETFs
Overall
69/100
90
Quality
78/100
88
Profitability
76/100
90
Balance sheet
71/100
78
Earnings quality
67/100
33
Growth
67/100
88
Value
49/100
34
Momentum
82/100
81
Risk (safety)
90/100
85
Portfolio fundamentals
Value
P/E
28.8
P/B
10.5
P/S
8.8
Earnings yield
3.5%
FCF yield
2.2%
ROE
42.4%
Net margin
30.3%
Revenue growth (yoy)
+25.1%
Dividend yield
0.98%
Debt / equity
0.55
Scores are weighted by holding; 99% of the fund's weight is in companies we score. Percentile ranks the fund among ETFs with at least half their weight scored. A score describes the holdings, not the outlook for the fund.
Most similar ETFs by holdings overlap
ETF
Name
Overlap
Shared holdings
AUM
FHEQ
Fidelity Hedged Equity ETF
87.3%
132
$981.5M
FBUF
Fidelity Dynamic Buffered Equity ETF
87.2%
135
$25.7M
FYEE
Fidelity Yield Enhanced Equity ETF
87.0%
130
$200.0M
IWL
iShares Russell Top 200 ETF
73.0%
114
$2.2B
MGC
Vanguard Morningstar Mega Cap ETF
72.8%
106
$10.9B
GSUS
Goldman Sachs MarketBeta U.S. Equity ETF
71.0%
153
$1.4B
Overlap = sum over shared holdings of the smaller of the two weights.