FELC vs. FTEC

In the year-to-date period, FELC achieves a -1.50% return, which is significantly higher than FTEC's -4.09% return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

FELC has a 0.18% expense ratio, which is higher than FTEC's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Large Cap Core ETF (FELC) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.

The current FELC Sharpe Ratio is 0.57, which is higher than the FTEC Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of FELC and FTEC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

FELC's dividend yield for the trailing twelve months is around 1.06%, more than FTEC's 0.51% yield.

The maximum FELC drawdown since its inception was -18.59%, smaller than the maximum FTEC drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for FELC and FTEC.

The current volatility for Fidelity Enhanced Large Cap Core ETF (FELC) is 4.25%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 6.40%. This indicates that FELC experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.