FELV vs. VIG
Compare and contrast key facts about Fidelity Enhanced Large Cap Value ETF (FELV) and Vanguard Dividend Appreciation ETF (VIG).
FELV and VIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FELV is an actively managed fund by Fidelity. It was launched on Nov 20, 2023. VIG is a passively managed fund by Vanguard that tracks the performance of the NASDAQ US Dividend Achievers Select Index. It was launched on Apr 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FELV or VIG.
Performance
FELV vs. VIG - Performance Comparison
Returns By Period
In the year-to-date period, FELV achieves a 22.12% return, which is significantly higher than VIG's 19.54% return.
FELV
22.12%
3.13%
13.99%
30.53%
N/A
N/A
VIG
19.54%
0.68%
11.90%
25.17%
12.78%
11.65%
Key characteristics
| FELV | VIG | |
|---|---|---|
| Sharpe Ratio | 2.90 | 2.57 |
| Sortino Ratio | 4.07 | 3.62 |
| Omega Ratio | 1.53 | 1.47 |
| Calmar Ratio | 5.80 | 5.06 |
| Martin Ratio | 17.52 | 16.59 |
| Ulcer Index | 1.77% | 1.55% |
| Daily Std Dev | 10.71% | 9.99% |
| Max Drawdown | -5.34% | -46.81% |
| Current Drawdown | -0.59% | -1.02% |
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FELV vs. VIG - Expense Ratio Comparison
FELV has a 0.18% expense ratio, which is higher than VIG's 0.06% 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%.
Correlation
The correlation between FELV and VIG is 0.91, 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.
Risk-Adjusted Performance
FELV vs. VIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Large Cap Value ETF (FELV) and Vanguard Dividend Appreciation ETF (VIG). 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.
Dividends
FELV vs. VIG - Dividend Comparison
FELV's dividend yield for the trailing twelve months is around 1.50%, less than VIG's 1.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FELV Fidelity Enhanced Large Cap Value ETF | 1.50% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VIG Vanguard Dividend Appreciation ETF | 1.70% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% | 1.84% |
Drawdowns
FELV vs. VIG - Drawdown Comparison
The maximum FELV drawdown since its inception was -5.34%, smaller than the maximum VIG drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for FELV and VIG. For additional features, visit the drawdowns tool.
Volatility
FELV vs. VIG - Volatility Comparison
Fidelity Enhanced Large Cap Value ETF (FELV) has a higher volatility of 3.97% compared to Vanguard Dividend Appreciation ETF (VIG) at 3.70%. This indicates that FELV's price experiences larger fluctuations and is considered to be riskier than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.