FELG vs. SKOR
FELG (Fidelity Enhanced Large Cap Growth ETF) and SKOR (FlexShares Credit-Scored US Corporate Bond Index Fund) are both exchange-traded funds - FELG is a Large Cap Growth Equities fund actively managed by Fidelity, while SKOR is a Corporate Bonds fund tracking the NorthernTrustUS Corporate Bond Quality Value Index. FELG is actively managed, while SKOR is passively managed. Over the past year, FELG returned 22.20% vs 5.20% for SKOR. At a 0.21 correlation, their price movements are largely independent. FELG charges 0.18%/yr vs 0.22%/yr for SKOR.
Performance
FELG vs. SKOR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FELG achieves a 3.31% return, which is significantly higher than SKOR's 0.54% return.
FELG
- 1D
- 0.12%
- 1M
- -3.56%
- YTD
- 3.31%
- 6M
- 4.10%
- 1Y
- 22.20%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SKOR
- 1D
- -0.05%
- 1M
- 0.37%
- YTD
- 0.54%
- 6M
- 1.02%
- 1Y
- 5.20%
- 3Y*
- 6.13%
- 5Y*
- 1.74%
- 10Y*
- 2.88%
FELG vs. SKOR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FELG Fidelity Enhanced Large Cap Growth ETF | 3.31% | 18.44% | 35.45% | 4.37% |
SKOR FlexShares Credit-Scored US Corporate Bond Index Fund | 0.54% | 7.99% | 4.42% | 3.99% |
Correlation
The correlation between FELG and SKOR is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Nov 20, 2023 | 0.21 |
The correlation between FELG and SKOR shifts across timeframes, from 0.21 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FELG vs. SKOR — Risk / Return Rank
FELG
SKOR
FELG vs. SKOR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Large Cap Growth ETF (FELG) and FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FELG | SKOR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.34 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 2.38 | -1.11 |
| Martin ratioReturn relative to average drawdown | 4.30 | 8.31 | -4.01 |
Loading charts...
Drawdowns
FELG vs. SKOR - Drawdown Comparison
The maximum FELG drawdown since its inception was -23.89%, which is greater than SKOR's maximum drawdown of -15.98%. Use the drawdown chart below to compare losses from any high point for FELG and SKOR.
Loading charts...
Drawdown Indicators
| FELG | SKOR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.89% | -15.98% | -7.91% |
Max Drawdown (1Y)Largest decline over 1 year | -16.17% | -2.09% | -14.08% |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.11% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.13% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -15.98% | — |
Current DrawdownCurrent decline from peak | -5.36% | -0.57% | -4.79% |
Average DrawdownAverage peak-to-trough decline | -3.53% | -2.65% | -0.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.79% | 0.60% | +4.19% |
Volatility
FELG vs. SKOR - Volatility Comparison
Fidelity Enhanced Large Cap Growth ETF (FELG) has a higher volatility of 5.41% compared to FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) at 0.94%. This indicates that FELG's price experiences larger fluctuations and is considered to be riskier than SKOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FELG | SKOR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.41% | 0.94% | +4.47% |
Volatility (6M)Calculated over the trailing 6-month period | 12.43% | 2.04% | +10.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.04% | 2.71% | +13.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.97% | 4.43% | +15.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.97% | 4.90% | +15.07% |
FELG vs. SKOR - Expense Ratio Comparison
FELG has a 0.18% expense ratio, which is lower than SKOR's 0.22% 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%.
Dividends
FELG vs. SKOR - Dividend Comparison
FELG's dividend yield for the trailing twelve months is around 0.35%, less than SKOR's 4.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FELG Fidelity Enhanced Large Cap Growth ETF | 0.35% | 0.38% | 0.44% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SKOR FlexShares Credit-Scored US Corporate Bond Index Fund | 4.66% | 4.70% | 4.90% | 3.90% | 2.57% | 2.55% | 3.38% | 3.53% | 2.85% | 2.46% | 2.74% | 2.25% |
Frequently Asked Questions
FELG and SKOR have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FELG has higher volatility (5.41%) compared to SKOR (0.94%). In terms of maximum drawdown, FELG dropped -23.89% vs SKOR's -15.98%.
On 1-year performance, FELG leads with 22.20% vs 5.20% for SKOR. On fees, FELG is cheaper at 0.18% per year. On volatility, SKOR has been the lower-risk option at 0.94%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FELG has performed better with a 22.20% return vs 5.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FELG is cheaper with a 0.18% expense ratio, compared with 0.22% for SKOR.
SKOR has the higher dividend yield at 4.66%, compared with 0.35% for FELG.
FELG is categorized as Large Cap Growth Equities, while SKOR is Corporate Bonds. They also come from different issuers: Fidelity and Northern Trust. Their fees differ too: 0.18% for FELG and 0.22% for SKOR.
SKOR currently has the higher Sharpe Ratio (1.84 vs 1.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FELG and SKOR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer