FEAC vs. IWV
Compare and contrast key facts about Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC) and iShares Russell 3000 ETF (IWV).
FEAC and IWV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FEAC is an actively managed fund by Fidelity. It was launched on Nov 19, 2024. IWV is a passively managed fund by iShares that tracks the performance of the Russell 3000 Index. It was launched on May 22, 2000.
Performance
FEAC vs. IWV - Performance Comparison
Loading graphics...
FEAC vs. IWV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FEAC Fidelity Enhanced U.S. All-Cap Equity ETF | -4.06% | 18.01% | -1.69% |
IWV iShares Russell 3000 ETF | -3.99% | 16.96% | -1.55% |
Returns By Period
The year-to-date returns for both investments are quite close, with FEAC having a -4.06% return and IWV slightly higher at -3.99%.
FEAC
- 1D
- 2.43%
- 1M
- -5.13%
- YTD
- -4.06%
- 6M
- -1.29%
- 1Y
- 18.58%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IWV
- 1D
- 2.99%
- 1M
- -4.93%
- YTD
- -3.99%
- 6M
- -1.71%
- 1Y
- 17.86%
- 3Y*
- 17.68%
- 5Y*
- 10.40%
- 10Y*
- 13.46%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FEAC vs. IWV - Expense Ratio Comparison
FEAC has a 0.18% expense ratio, which is lower than IWV's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
FEAC vs. IWV — Risk / Return Rank
FEAC
IWV
FEAC vs. IWV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC) and iShares Russell 3000 ETF (IWV). 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.
| FEAC | IWV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.00 | 0.97 | +0.03 |
Sortino ratioReturn per unit of downside risk | 1.52 | 1.49 | +0.02 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.22 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.55 | 1.50 | +0.04 |
Martin ratioReturn relative to average drawdown | 7.47 | 7.18 | +0.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FEAC | IWV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 0.97 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.61 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.73 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.42 | +0.04 |
Correlation
The correlation between FEAC and IWV is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FEAC vs. IWV - Dividend Comparison
FEAC's dividend yield for the trailing twelve months is around 1.00%, more than IWV's 0.99% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEAC Fidelity Enhanced U.S. All-Cap Equity ETF | 1.00% | 0.94% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWV iShares Russell 3000 ETF | 0.99% | 0.96% | 1.08% | 1.30% | 1.56% | 1.04% | 1.30% | 1.69% | 1.97% | 1.58% | 1.79% | 1.99% |
Drawdowns
FEAC vs. IWV - Drawdown Comparison
The maximum FEAC drawdown since its inception was -18.96%, smaller than the maximum IWV drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for FEAC and IWV.
Loading graphics...
Drawdown Indicators
| FEAC | IWV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.96% | -55.61% | +36.65% |
Max Drawdown (1Y)Largest decline over 1 year | -12.25% | -12.31% | +0.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.22% | — |
Current DrawdownCurrent decline from peak | -5.92% | -6.17% | +0.25% |
Average DrawdownAverage peak-to-trough decline | -2.78% | -10.65% | +7.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 2.57% | -0.04% |
Volatility
FEAC vs. IWV - Volatility Comparison
The current volatility for Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC) is 5.05%, while iShares Russell 3000 ETF (IWV) has a volatility of 5.43%. This indicates that FEAC experiences smaller price fluctuations and is considered to be less risky than IWV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FEAC | IWV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.05% | 5.43% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 10.01% | 9.68% | +0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.67% | 18.45% | +0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.06% | 17.25% | +0.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.06% | 18.39% | -0.33% |