AESL vs FSEV
Harbor AlphaEdge Small Cap Value ETF vs Fidelity Enhanced Small Cap Value ETF
Which is better, AESL or FSEV?
FSEV costs less.
FSEV has a lower expense ratio. FSEV is less concentrated, with 8.9% of the fund in its ten largest positions against 26.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AESL | FSEV |
|---|---|---|
| Expense Ratio | 0.40% | 0.28%Best |
| AUM | $2M | $8M |
| Dividend Yield | 0.00% | 0.65% |
| Holdings | 102 | 876 |
| YTD Return | -2.65% | +1.86%Best |
| Top 10 Weight | 26.7% | 8.9%Best |
| Fund Family | Harbor Funds | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Small Cap Value |
| Inception | Aug 26, 2026 | Apr 28, 2026 |
Not shown on this pair: 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
AESL vs FSEV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
AESL vs FSEV Performance
Harbor AlphaEdge Small Cap Value ETF (AESL) is an ETF from Harbor Funds and Fidelity Enhanced Small Cap Value ETF (FSEV) is an ETF from Fidelity Investments (US). Year to date, AESL is down 2.65% versus a gain of 1.86% for FSEV.
Past performance does not guarantee future results.
Fees and Cost Over Time
AESL charges 0.40% per year while FSEV charges 0.28%. On a $10,000 position that is $40 vs $28 annually, a gap of $12 per year that compounds over a long holding period. On income, AESL currently yields 0.00% against 0.65% for FSEV.
Holdings Overlap
40.9% of AESL's money is in holdings FSEV also owns. 13.0% of FSEV's money is in holdings AESL also owns.
The two portfolios partly overlap.
44 positions in common, counted across the 126 positions we hold weights for in AESL and 434 in FSEV, against full books of 102 and 876.
What only one of them owns
Our book lists 367 positions for FSEV that do not appear in our book for AESL (82.0% of the fund), and 75 for AESL that do not appear in FSEV (55.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AESL | Weight in FSEV | Difference |
|---|---|---|---|
| UBSIUnited Bankshares Inc/Wv | 3.47% | 0.63% | 2.84% |
| BFHBread Financial Holdings, Inc. | 2.96% | 0.77% | 2.19% |
| HOMBHome Bancshares Inc/ar | 2.72% | 0.84% | 1.88% |
| ESNTEssent Group Ltd. | 2.30% | 0.20% | 2.10% |
| UMBFUmb Financial Corp. | 1.39% | 0.87% | 0.52% |
| ONBOld National Bancorp/In Common Stock | 2.20% | 0.03% | 2.17% |
| TNKTeekay Tankers Ltd Common Stock Temp Line | 1.72% | 0.29% | 1.43% |
| PBFPbf Energy Inc | 1.09% | 0.85% | 0.24% |
| MATXMatson Inc | 1.45% | 0.39% | 1.06% |
| NSITInsight Enterprises Inc | 0.97% | 0.85% | 0.12% |
40.9% of AESL is already inside FSEV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AESL or FSEV?
AESL has an expense ratio of 0.40% while FSEV charges 0.28%. FSEV is the cheaper option, by $12 a year on a $10,000 investment.
What is the holdings overlap between AESL and FSEV?
40.9% of AESL's money is in holdings FSEV also owns. 13.0% of FSEV's is in holdings AESL also owns. They hold 44 positions in common, counted across the 126 positions we hold weights for in AESL and 434 in FSEV.
Which pays a higher dividend, AESL or FSEV?
AESL yields 0.00% while FSEV yields 0.65%, so FSEV currently pays the higher dividend yield.
Is FSEV better than AESL?
FSEV has a lower expense ratio. FSEV is less concentrated, with 8.9% of the fund in its ten largest positions against 26.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.