FELC vs. VOO
Compare and contrast key facts about Fidelity Enhanced Large Cap Core ETF (FELC) and Vanguard S&P 500 ETF (VOO).
FELC and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FELC is an actively managed fund by Fidelity. It was launched on Apr 19, 2007. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FELC or VOO.
Key characteristics
| FELC | VOO | |
|---|---|---|
| YTD Return | 27.33% | 26.94% |
| Daily Std Dev | 12.06% | 12.23% |
| Max Drawdown | -8.70% | -33.99% |
| Current Drawdown | -0.33% | -0.25% |
Correlation
The correlation between FELC and VOO 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.
Performance
FELC vs. VOO - Performance Comparison
The year-to-date returns for both stocks are quite close, with FELC having a 27.33% return and VOO slightly lower at 26.94%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FELC vs. VOO - Expense Ratio Comparison
FELC has a 0.18% expense ratio, which is higher than VOO's 0.03% 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%.
Risk-Adjusted Performance
FELC vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Large Cap Core ETF (FELC) and Vanguard S&P 500 ETF (VOO). 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.
Not enough dataDividends
FELC vs. VOO - Dividend Comparison
FELC's dividend yield for the trailing twelve months is around 0.76%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FELC Fidelity Enhanced Large Cap Core ETF | 0.76% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FELC vs. VOO - Drawdown Comparison
The maximum FELC drawdown since its inception was -8.70%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FELC and VOO. For additional features, visit the drawdowns tool.
Volatility
FELC vs. VOO - Volatility Comparison
Fidelity Enhanced Large Cap Core ETF (FELC) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.69% and 3.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.