FSTA vs. FELC

Last updated Jun 24, 2026

FSTA (Fidelity MSCI Consumer Staples Index ETF) and FELC (Fidelity Enhanced Large Cap Core ETF) are both exchange-traded funds - FSTA is a Consumer Staples Equities fund tracking the MSCI USA IMI Consumer Staples Index, while FELC is a Large Cap Blend Equities fund actively managed by Fidelity. FSTA is passively managed, while FELC is actively managed. Over the past year, FSTA returned 5.28% vs 24.68% for FELC. At a 0.20 correlation, their price movements are largely independent. FSTA charges 0.08%/yr vs 0.18%/yr for FELC.

Performance

FSTA vs. FELC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity MSCI Consumer Staples Index ETF (FSTA) and Fidelity Enhanced Large Cap Core ETF (FELC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FSTA having a 8.86% return and FELC slightly lower at 8.65%.

FSTA

• 1D: 1.73%
• 1M: -0.47%
• YTD: 8.86%
• 6M: 8.88%
• 1Y: 5.28%
• 3Y*: 8.04%
• 5Y*: 7.17%
• 10Y*: 7.91%

FELC

• 1D: -1.46%
• 1M: -0.92%
• YTD: 8.65%
• 6M: 7.63%
• 1Y: 24.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSTA vs. FELC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FSTA Fidelity MSCI Consumer Staples Index ETF	8.86%	1.82%	13.31%	5.13%
FELC Fidelity Enhanced Large Cap Core ETF	8.65%	17.09%	25.25%	6.06%

Correlation

The correlation between FSTA and FELC is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Nov 20, 2023	0.20

The correlation between FSTA and FELC shifts across timeframes, from -0.04 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.

FSTA vs. FELC - Sectors Allocation Comparison

Sectors	FSTA	FELC
Consumer Defensive	97.6%	2.5%
Consumer Cyclical	1.7%	10.0%
Industrials	0.3%	9.1%
Basic Materials	0.3%	1.4%
Healthcare	0.0%	7.4%
Communication Services	-	11.4%
Energy	-	2.8%
Financial Services	-	12.3%
Real Estate	-	1.1%
Technology	-	40.8%
Utilities	-	1.3%

Return for Risk

FSTA vs. FELC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSTA

FSTA Risk / Return Rank: 14
FSTA Sharpe Ratio Rank: 15
FSTA Sortino Ratio Rank: 14
FSTA Omega Ratio Rank: 13
FSTA Calmar Ratio Rank: 15
FSTA Martin Ratio Rank: 14

FELC

FELC Risk / Return Rank: 61
FELC Sharpe Ratio Rank: 62
FELC Sortino Ratio Rank: 59
FELC Omega Ratio Rank: 60
FELC Calmar Ratio Rank: 57
FELC Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSTA vs. FELC - Risk-Adjusted Trends Comparison

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

	FSTA	FELC	Difference
Sharpe ratio: Return per unit of total volatility	0.42	1.97	-1.55
Sortino ratio: Return per unit of downside risk	0.69	2.67	-1.99
Omega ratio: Gain probability vs. loss probability	1.08	1.36	-0.28
Calmar ratio: Return relative to maximum drawdown	0.57	2.73	-2.16
Martin ratio: Return relative to average drawdown	1.12	12.19	-11.06

FSTA vs. FELC - Sharpe Ratio Comparison

The current FSTA Sharpe Ratio is 0.42, which is lower than the FELC Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of FSTA and FELC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FSTA vs. FELC - Drawdown Comparison

The maximum FSTA drawdown since its inception was -25.13%, which is greater than FELC's maximum drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for FSTA and FELC.

Drawdown Indicators

	FSTA	FELC	Difference
Max Drawdown Largest peak-to-trough decline	-25.13%	-18.59%	-6.54%
Max Drawdown (1Y) Largest decline over 1 year	-9.29%	-9.09%	-0.20%
Max Drawdown (3Y) Largest decline over 3 years	-11.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.58%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-25.13%	—	—
Current Drawdown Current decline from peak	-5.90%	-2.90%	-3.00%
Average Drawdown Average peak-to-trough decline	-3.56%	-1.91%	-1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.71%	2.03%	+2.68%

Volatility

FSTA vs. FELC - Volatility Comparison

Fidelity MSCI Consumer Staples Index ETF (FSTA) and Fidelity Enhanced Large Cap Core ETF (FELC) have volatilities of 4.99% and 4.96%, 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.

Volatility by Period

	FSTA	FELC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.99%	4.96%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	10.34%	9.91%	+0.43%
Volatility (1Y) Calculated over the trailing 1-year period	12.79%	12.62%	+0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.17%	15.29%	-2.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.59%	15.29%	-0.70%

FSTA vs. FELC - Expense Ratio Comparison

FSTA has a 0.08% expense ratio, which is lower than FELC's 0.18% 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

FSTA vs. FELC - Dividend Comparison

FSTA's dividend yield for the trailing twelve months is around 2.20%, more than FELC's 0.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FELC Fidelity Enhanced Large Cap Core ETF	0.86%	0.92%	1.03%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FSTA Fidelity MSCI Consumer Staples Index ETF	2.20%	2.34%	2.25%	2.66%	2.26%	2.15%	2.47%	2.46%	3.01%	2.42%	2.53%	2.86%

Frequently Asked Questions

Can I hold both FSTA and FELC in my portfolio?

FSTA and FELC have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSTA or FELC?

FSTA has higher volatility (4.99%) compared to FELC (4.96%). In terms of maximum drawdown, FSTA dropped -25.13% vs FELC's -18.59%.

Which ETF is better, FSTA or FELC?

On 1-year performance, FELC leads with 24.68% vs 5.28% for FSTA. On fees, FSTA is cheaper at 0.08% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FSTA or FELC?

Over the 1-year period, FELC has performed better with a 24.68% return vs 5.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FSTA or FELC?

FSTA is cheaper with a 0.08% expense ratio, compared with 0.18% for FELC.

Which ETF pays a higher dividend yield, FSTA or FELC?

FSTA has the higher dividend yield at 2.20%, compared with 0.86% for FELC.

What is the main difference between FSTA and FELC?

FSTA is categorized as Consumer Staples Equities, while FELC is Large Cap Blend Equities. Their fees differ too: 0.08% for FSTA and 0.18% for FELC.

Which has better risk-adjusted returns?

FELC currently has the higher Sharpe Ratio (1.97 vs 0.42), 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.