FELG Fees and Costs — Fidelity Enhanced Large Cap Growth ETF
Data updated: 2026-09-11
The net expense ratio is 0.18%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $566K in broker commissions, 0.0121% of average net assets, and portfolio turnover was 60%.
FELG Fees and Expenses
Annual operating expenses and sales charges of FELG. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.18% |
| Fee waiver | — |
| Net expense ratio | 0.18% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FELG Costs Over Time
On $10,000 invested in FELG, assuming 5% a year before costs, total costs come to $122 over 5 years, cutting the return by 0.20% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.18%) | $19 | $59 | $104 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $3 | $11 |
| Total costs | $20 | $67 | $122 |
| Value after costs | $10,480 | $11,510 | $12,641 |
| Impact on return, per year | 0.20% | 0.20% | 0.20% |
FELG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0121%
- Total broker commissions: $566K
- Bought from dealers (principal trades, not a cost): $54.0M
- Portfolio turnover (prospectus): 60%
- Securities on loan, average value: $19.3M
- Net income from securities lending: $12K (0.000% of average net assets)
FELG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $163K | 31.41% |
| BANK OF AMERICA CORPORATION | $112K | 21.51% |
| MORGAN STANLEY | $71K | 13.69% |
| UBS GROUP AG | $56K | 10.77% |
| JPMORGAN CHASE and CO | $48K | 9.22% |
| CITIGROUP INC | $30K | 5.75% |
| BARCLAYS PLC | $20K | 3.87% |
| VIRTU FINANCIAL INC | $8K | 1.48% |
| JEFFERIES FINANCIAL GROUP INC | $7K | 1.45% |
| BNP PARIBAS | $4K | 0.84% |
FELG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NOMURA HOLDINGS INC | $25.6M | 47.41% |
| WELLS FARGO and CO | $21.3M | 39.36% |
| BANK OF MONTREAL QUE | $4.8M | 8.84% |
| BARCLAYS PLC | $2.4M | 4.40% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.