FCLO vs. FELG
Compare and contrast key facts about Fidelity CLO ETF (FCLO) and Fidelity Enhanced Large Cap Growth ETF (FELG).
FCLO and FELG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCLO is an actively managed fund by Fidelity. It was launched on Feb 10, 2026. FELG is an actively managed fund by Fidelity. It was launched on Nov 20, 2023.
Performance
FCLO vs. FELG - Performance Comparison
Loading graphics...
FCLO vs. FELG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FCLO Fidelity CLO ETF | 0.06% |
FELG Fidelity Enhanced Large Cap Growth ETF | -4.81% |
Returns By Period
FCLO
- 1D
- -0.02%
- 1M
- 0.21%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FELG
- 1D
- 3.91%
- 1M
- -5.12%
- YTD
- -10.02%
- 6M
- -8.66%
- 1Y
- 19.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FCLO vs. FELG - Expense Ratio Comparison
FCLO has a 0.45% expense ratio, which is higher than FELG's 0.18% expense ratio.
Return for Risk
FCLO vs. FELG — Risk / Return Rank
FCLO
FELG
FCLO vs. FELG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity CLO ETF (FCLO) and Fidelity Enhanced Large Cap Growth ETF (FELG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading graphics...
Sharpe Ratios by Period
| FCLO | FELG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.94 | -0.63 |
Correlation
The correlation between FCLO and FELG is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
FCLO vs. FELG - Dividend Comparison
FCLO's dividend yield for the trailing twelve months is around 0.54%, more than FELG's 0.41% yield.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FCLO Fidelity CLO ETF | 0.54% | 0.00% | 0.00% | 0.00% |
FELG Fidelity Enhanced Large Cap Growth ETF | 0.41% | 0.38% | 0.44% | 0.11% |
Drawdowns
FCLO vs. FELG - Drawdown Comparison
The maximum FCLO drawdown since its inception was -0.58%, smaller than the maximum FELG drawdown of -23.89%. Use the drawdown chart below to compare losses from any high point for FCLO and FELG.
Loading graphics...
Drawdown Indicators
| FCLO | FELG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.58% | -23.89% | +23.31% |
Max Drawdown (1Y)Largest decline over 1 year | — | -16.17% | — |
Current DrawdownCurrent decline from peak | -0.09% | -12.90% | +12.81% |
Average DrawdownAverage peak-to-trough decline | -0.20% | -3.56% | +3.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.67% | — |
Volatility
FCLO vs. FELG - Volatility Comparison
Loading graphics...
Volatility by Period
| FCLO | FELG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.85% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.41% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.62% | 22.58% | -20.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.62% | 20.24% | -18.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.62% | 20.24% | -18.62% |