FELG’s Quant Edge Beats the Russell 1000 Growth Index, With a Catch

Most ETFs benchmarked to the Russell 1000 Growth Index just track it. Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) tries to beat it, using a quantitative multifactor model to tilt toward companies with stronger fundamentals and more reasonable valuations than the raw index delivers. That distinction defines exactly what kind of investor this fund is... FELG's Quant Edge Beats the Russell 1000 Growth Index, With a Catch