Fidelity Fundamental Large Cap Core ETF

Frequently Asked Questions About FFLC

What does FFLC invest in?

The FFLC ETF is designed to offer foundational exposure to large-capitalization companies. It accomplishes this by leveraging Fidelity's active management expertise and rigorous fundamental research, incorporating high-conviction investment ideas cultivated by a select group of their seasoned portfolio managers.

What is the expense ratio of FFLC?

Fidelity Fundamental Large Cap Core ETF (FFLC) charges an expense ratio of 0.38%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FFLC?

Fidelity Fundamental Large Cap Core ETF (FFLC) manages $1.20B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FFLC actively managed or an index fund?

FFLC is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FFLC's is 0.38%) in exchange for the discretion to over- or under-weight positions.

When was FFLC launched?

Fidelity Fundamental Large Cap Core ETF (FFLC) launched in June 2020 and is managed by Fidelity.

How has FFLC performed?

FFLC's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.