Fidelity Enhanced Large Cap Value ETF (FELV) belongs to the Large Cap Value Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FELV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FELV
FELV charges 0.18% annually. There are 23 ETFs in the Large Cap Value Equities category with lower expense ratios, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Morningstar Value ETF | 0.04% | 1.32B | Jun 2004 | FELV vs ILCV | |
| iShares Core S&P U.S. Value ETF | 0.04% | 27.22B | Jul 2000 | FELV vs IUSV | |
| SPDR Portfolio S&P 500 Value ETF | 0.04% | 36.23B | Sep 2000 | FELV vs SPYV | |
| Vanguard Value ETF | 0.04% | 254.20B | Jan 2004 | FELV vs VTV | |
| Schwab U.S. Large-Cap Value ETF | 0.04% | 15.73B | Dec 2009 | FELV vs SCHV |
Best Risk-Adjusted Alternatives to FELV
FELV has a PortfoliosLab risk / return rank of 96. There are 5 ETFs in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI USA Value Factor ETF | 97 | 9.07B | Apr 2013 | FELV vs VLUE | |
| Invesco Large Cap Value ETF | 97 | 1.72B | Mar 2005 | FELV vs PWV | |
| SEI QiM U.S. Large Cap Value Active ETF | 96 | 956.28M | May 2022 | FELV vs SEIV | |
| iShares Russell Top 200 Value ETF | 96 | 3.98B | Sep 2009 | FELV vs IWX | |
| VictoryShares Free Cash Flow ETF | 96 | 9.18B | Jun 2023 | FELV vs VFLO |
Top Performing FELV Alternatives (YTD)
FELV is at 23.19% YTD. There are 5 ETFs in the Large Cap Value Equities category with higher YTD returns, going as high as 42.20%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI USA Value Factor ETF | 42.20% | 9.07B | Apr 2013 | FELV vs VLUE | |
| VictoryShares Free Cash Flow ETF | 27.47% | 9.18B | Jun 2023 | FELV vs VFLO | |
| iShares Core Dividend ETF | 25.86% | 1.71B | Nov 2017 | FELV vs DIVB | |
| Bushido Capital US Equity ETF | 23.66% | 479.57M | Sep 2023 | FELV vs SMRI | |
| Avantis U.S. Large Cap Value ETF | 23.60% | 17.85B | Sep 2021 | FELV vs AVLV |
Lowest Volatility Alternatives to FELV
FELV has 11.14% 1-year volatility. There are 57 ETFs in the Large Cap Value Equities category with lower 1-year volatility, going as low as 4.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares Wahed Alternative Income Index ETF | 4.03% | 60.32M | Oct 2025 | FELV vs KWIN | |
| Franklin Income Equity Focus ETF | 8.40% | 135.67M | Sep 2016 | FELV vs INCE | |
| Bahl & Gaynor Income Growth ETF | 8.91% | 342.03M | Sep 2023 | FELV vs BGIG | |
| WisdomTree U.S. LargeCap Dividend Fund | 8.99% | 6.25B | Jun 2006 | FELV vs DLN | |
| Absolute Select Value ETF | 9.12% | 143.00M | Jan 2020 | FELV vs ABEQ |
Lowest Drawdown Alternatives to FELV
FELV has a 1-year max drawdown of -6.85%. There are 59 ETFs in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -4.05%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Large Cap Value ETF | -4.05% | 1.72B | Mar 2005 | FELV vs PWV | |
| First Trust Morningstar Dividend Leaders Index Fun... | -4.27% | 7.77B | Mar 2006 | FELV vs FDL | |
| Morgan Dempsey Large Cap Value ETF | -4.27% | 32.39M | Apr 2023 | FELV vs MDLV | |
| Franklin Income Equity Focus ETF | -4.90% | 135.67M | Sep 2016 | FELV vs INCE | |
| Hartford US Value ETF | -4.93% | 49.18M | Dec 2023 | FELV vs VMAX |
Other ETFs from Fidelity
The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBTC and span 7 categories. AUM among these funds goes as high as $27B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 61 | 22.53% | 20.96B | Oct 2013 | FELV vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 82 | 13.00% | 9.74B | Sep 2016 | FELV vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 2 | -27.08% | 10.22B | Jan 2024 | FELV vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 26 | -0.08% | 26.62B | Oct 2014 | FELV vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 60 | 12.39% | 10.69B | Sep 2003 | FELV vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 46 | 11.42% | 6.97B | Jun 2020 | FELV vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 84 | 13.57% | 7.88B | Apr 2007 | FELV vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 21 | 4.95% | 2.35B | Oct 2013 | FELV vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 4 | -37.15% | 750.93M | Jul 2024 | FELV vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 35 | 4.21% | 5.65B | Nov 2023 | FELV vs FELG |
Often Compared With FELV
Investors most often compare FELV with FLCOX, VUG, FNDX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FELV with Any Fund or Stock
Compare FELV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FELV with funds that move differently
Fidelity Enhanced Large Cap Value ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FELV.
Explore FELV Diversifiers