FFLC ETF — Fidelity Fundamental Large Cap Core ETF

Fidelity Fundamental Large Cap Core ETF (FFLC)

Updated October 16, 2026.

FFLC is an ETF. its distribution rate is 0.85%, its trailing-12-month yield is 1.02%, its expense ratio is 0.38%. Dividend Vision Distribution Safety Score™ is 72/100 (Generally safe). Total return is 208.2% over the past 6.4 years, 40.2 points ahead of SPY at 168.0%.

Fidelity Fundamental Large Cap Core ETF is an equity fund that tracks large-cap U.S. stocks, employing a fundamental analysis approach to security selection. The fund distributes dividends quarterly at a modest current rate and carries no publicly disclosed expense ratio. The fund appeals to core equity investors seeking large-cap exposure with a disciplined fundamental selection methodology.

FFLC performance versus SPY

Price and return data through 2026-10-16.

Total return is 208.2% over the past 6.4 years, 40.2 points ahead of SPY at 168.0%. Over the past year its total return — price change plus distributions reinvested — is 15.1%. Its deepest 1-year drawdown was 10.0%.

FFLC key facts

Distribution Safety Score™

72 · Generally safe

Safety-Adjusted Yield

0.61%

Issuer

Fidelity Investments

Asset type

ETF

Asset class

Equity

Inception date

06/02/2020

Expense ratio

0.38%

Distribution rate

0.85%

Distribution frequency

Quarterly

Trailing yield

1.02%

Last close

$58.72 (as of 2026-10-16)

AUM

$1,258,849,057

Average volume

133533.0

Dividend

$0.125

Ex-dividend date

09/18/2026

Payment date

09/22/2026

Beta

1.0564

How Dividend Vision calculates yield and returns

Distribution rate (0.85%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.02%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FFLC risks and drawbacks

FFLC's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 10.0%.

Who may consider FFLC — and who may not

It is a weaker fit for investors who need monthly cash flow (FFLC pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on FFLC

• All tickers starting with F

Tagged: Large Cap.

Frequently asked questions

More securities from Fidelity Investments.