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FELC is an actively managed large-cap U.S. equity ETF built to look and feel like an S&P 500-style portfolio, while trying to beat the index.
It uses a computer-driven quantitative process that scores companies on things like valuation, growth history, and profitability, then builds a broadly diversified basket.
The fund can also hold some foreign issuers and may lend securities to add incremental income.
You own shares of a big basket of large U.S. companies—mostly the same “household name” stocks you’d expect from the S&P 500 universe. A computer model helps pick and weight those stocks, with a small allowance for non-U.S. companies and extra income from lending out some holdings.
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Showing the largest holdings by weight in FELC
| Logo | Ticker | ETF Weight | Market Value | |
|---|---|---|---|---|
NV | NVDA NVIDIA CORP | NVIDIA CORP | 8.06% | $533.2M |
AA | AAPL APPLE INC | APPLE INC | 7.03% | $465.4M |
MS | MSFT MICROSOFT CORP | MICROSOFT CORP | 4.57% | $302.1M |
AM | AMZN AMAZON.COM INC | AMAZON.COM INC | 4.17% | $276.0M |
AV | AVGO BROADCOM INC | BROADCOM INC | 3.37% | $222.7M |
GO | GOOGL ALPHABET INC CL A | ALPHABET INC CL A | 3.30% | $218.4M |
ME | META META PLATFORMS INC CL A | META PLATFORMS INC CL A | 2.69% | $177.9M |
GO | GOOG ALPHABET INC CL C | ALPHABET INC CL C | 2.44% | $161.8M |
BR | BRK-B BERKSHIRE HATHAWAY INC CL B | BERKSHIRE HATHAWAY INC CL B | 2.01% | $132.8M |
JP | JPM JPMORGAN CHASE & CO | JPMORGAN CHASE & CO | 1.51% | $100.0M |
Breakdown of FELC by sector weightings (%)
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Top countries by weight (%)
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