# Fidelity US Fundamental Large Cap Core UCITS ETF AccumUSD (FFLP)

**Page:** https://fundology.uk/fund/fflp · ISIN IE000IY9QFN9

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, FFLP (Fidelity US Fundamental Large Cap Core UCITS ETF AccumUSD, ISIN IE000IY9QFN9) closed at £4.38 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the year to 13/11/2026 its total return was +11.7%, or +7.8% after UK CPIH inflation.

## Summary

Fidelity UCITS ICAV - Fidelity US Fundamental Large Cap Core UCITS ETF AccumUSD is an exchange-traded fund (ETF) from Fidelity, launched in 2025. It tracks the No Underlying Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.4% a year — about £40 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£4.38** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | FFLP |
| ISIN | IE000IY9QFN9 |
| Also listed as | FFLC (London Stock Exchange, US dollars) |
| Category | US shares |
| Type | ETF |
| Provider | Fidelity |
| Income | Accumulating |
| Ongoing charge | 0.40% a year (£40 per £10,000) |
| Fund size | £64.1m |
| Launched | 2025 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 02/09/2025 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +11.72% | +7.76% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Fidelity UCITS ICAV - Fidelity US Fundamental Large Cap Core UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +10.8%. Returns of Fidelity UCITS ICAV - Fidelity US Fundamental Large Cap Core UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +16.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2026 to 13/11/2026 | +10.8% | +7.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 11.21% | -7.08% |

## Largest fall

Volatility of Fidelity UCITS ICAV - Fidelity US Fundamental Large Cap Core UCITS ETF AccumUSD in pounds, annualised from weekly returns to 13/11/2026: 11.2% over 1 year. Largest fall in the price of Fidelity UCITS ICAV - Fidelity US Fundamental Large Cap Core UCITS ETF AccumUSD since September 2025, in pounds: −7.1% from 16/01/2026 to 27/03/2026. On 13/11/2026 the price of Fidelity UCITS ICAV - Fidelity US Fundamental Large Cap Core UCITS ETF AccumUSD was 3.3% below its highest weekly close since September 2025 (09/10/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Fidelity UCITS ICAV - Fidelity US Fundamental Large Cap Core UCITS ETF AccumUSD 0.40% a year. Compared on 14/11/2026, 29 of the 254 other US share funds charge more, 3 the same and 222 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.40%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ongoing charge of FFLP?**

The ongoing charge of FFLP is 0.40% a year — about £40 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Fidelity UCITS ICAV - Fidelity US Fundamental Large Cap Core UCITS ETF AccumUSD 0.40% a year. Compared on 14/11/2026, 29 of the 254 other US share funds charge more, 3 the same and 222 less (share classes counted once).

**Is FFLP accumulating or distributing?**

FFLP is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of FFLP?**

The ISIN of FFLP is IE000IY9QFN9. An ISIN identifies one exact share class of a fund; FFLP is its ticker on the London Stock Exchange. The same share class is also listed as FFLC (London Stock Exchange, US dollars).

**What were FFLP’s returns in each of the last five years?**

Calendar-year returns of FFLP in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +10.8%. Past performance is not a guide to future returns.

**How has FFLP done after inflation?**

Over the year to 13/11/2026 FFLP’s total return was +11.7%, or +7.8% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.