Fidelity Enhanced Large Cap Value ETF (FELV)

Fidelity Enhanced Large Cap Value ETF (FELV) is an exchange-traded fund in the Large Value category. It has $3.40B in assets, an expense ratio of 0.18% and a 1.39% dividend yield. 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.