Fidelity Enhanced Large Cap Value ETF (FELV) is a US large-cap value ETF. As of October 9, 2026, ETF Copilot scores FELV 6.1 out of 10 — highest on Risk (9.4), lowest on Value (2.4). It trades at 19.9 times earnings, against its own median of 19.7. Its ten largest holdings are 30% of the fund.
What stands out in FELV's data
U.S. value stocks, selected for higher profitability and lower risk.
Delivers stronger risk-adjusted returns than most large-cap value funds — more reward per unit of volatility.
A 3-year Sharpe ratio of 1.21, with 343 holdings providing broad exposure across the value universe.
A value fund that charges a modest fee for a focused large-cap portfolio.
Why did FELV move this week? It rose 1.7% in the week to October 9, 2026 — Amazon.com and Microsoft drove it
FELV rose 1.7% in the week to October 9, 2026. The holdings that moved it most were Amazon.com (+4.3%), Microsoft (+3.4%) and Option Care Health (+37.2%); Intel (−12.3%) pushed the other way.
How is FELV rated? ETF Copilot scores Fidelity Enhanced Large Cap Value ETF (FELV) 6.1 out of 10
As of October 9, 2026, ETF Copilot scores Fidelity Enhanced Large Cap Value ETF (FELV) 6.1 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.1 / 10
- Growth: 4.2 / 10
- Value: 2.4 / 10
- Risk: 9.4 / 10
- Quality: 5.5 / 10
- Return: 8.6 / 10
Is FELV expensive right now? It trades at 19.9 times earnings, against its own median of 19.7
As of October 9, 2026, FELV is more expensive than 58% of its own 36 monthly readings since 2023 — 21 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside FELV? 24% Tech
What's inside FELV: Size (Large 84%, Mid 15%, Small 1%); Geography (International 3%, US 97%); Tech 23.8%; Magnificent 7 18.0%; AI 7.7%; Semiconductors 2.9%; Memory 2.2%.
What are FELV's top holdings? The ten largest are 30% of the fund
Apple, Amazon.com, Microsoft, Berkshire Hathaway, JPMorgan Chase, Exxonmobil, Intel, Cisco Systems, Johnson & Johnson and UnitedHealth are FELV's largest holdings, in that order.
More concentrated than 59% of US Large Cap Value ETFs.
Half of FELV's weight sits in its 34 largest positions, and once those weights are taken into account it behaves like 62 equally weighted holdings.
What is FELV's expense ratio? 0.18% a year
As of October 9, 2026, FELV charges 0.18% a year, yields 1.42% and holds $3.5B in assets across 343 positions.
| Measure | FELV |
|---|---|
| Expense ratio | 0.18% |
| Dividend yield | 1.42% |
| Assets under management | $3.5B |
| Holdings | 343 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Fidelity Enhanced Large Cap Value ETF (FELV) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/felv
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