BCIL vs FEDM
Bancreek International Large Cap ETF vs Northern Trust ESG & Climate Developed Markets ex-US Core ETF
Which is better, BCIL or FEDM?
FEDM has been ahead.
FEDM has a lower expense ratio. FEDM led over 1Y and the full window. FEDM is less concentrated, with 15.9% of the fund in its ten largest positions against 42.0%.
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 | BCIL | FEDM |
|---|---|---|
| Expense Ratio | 0.80% | 0.12%Best |
| AUM | $89M | $82M |
| Dividend Yield | 0.72% | 2.89% |
| Holdings | 60 | 265 |
| YTD Return | +0.98% | +8.67%Best |
| 1Y Return | -1.44% | +14.21%Best |
| 3Y Return (annualized) | - | +17.03% |
| 5Y Return (annualized) | - | +7.65% |
| Volatility (annualized) | 15.4% | 11.3%Best |
| Max Drawdown | -16.2% | -14.2%Best |
| $10,000 over 2.6 years | $11,409 | $13,820Best |
| Top 10 Weight | 42.0% | 15.9%Best |
| Fund Family | Bancreek Capital Advisors | Northern Trust Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 21, 2024 | Sep 20, 2021 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 21, 2024 to Oct 14, 2026 (2.6 years).
BCIL vs FEDM 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 covers the 2.6 years both funds cover.
BCIL vs FEDM Performance
Bancreek International Large Cap ETF (BCIL) is an ETF from Bancreek Capital Advisors and Northern Trust ESG & Climate Developed Markets ex-US Core ETF (FEDM) is an ETF from Northern Trust Asset Management. Over the past year BCIL returned -1.44% while FEDM returned +14.21%. Year to date, BCIL is up 0.98% versus a gain of 8.67% for FEDM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BCIL has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 11.3% for FEDM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.2% for BCIL and -14.2% for FEDM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BCIL charges 0.80% per year while FEDM charges 0.12%. On a $10,000 position that is $80 vs $12 annually, a gap of $68 per year that compounds over a long holding period. On income, BCIL currently yields 0.72% against 2.89% for FEDM.
Holdings Overlap
25.5% of BCIL's money is in holdings FEDM also owns. 3.4% of FEDM's money is in holdings BCIL also owns.
BCIL and FEDM share little of their money.
7 positions in common, counted across the 30 positions we hold weights for in BCIL and 214 in FEDM, against full books of 60 and 265.
What only one of them owns
Our book lists 4 positions for FEDM that do not appear in our book for BCIL (0.6% of the fund), and 0 for BCIL that do not appear in FEDM (0.0%).
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 BCIL | Weight in FEDM | Difference |
|---|---|---|---|
| 6857:JPAdvantest Corp | 4.79% | 1.23% | 3.56% |
| NOVN:SMNovartis Ag Ordinary Shares | 3.97% | 1.41% | 2.56% |
| DOL:CADollarama Inc | 4.20% | 0.39% | 3.81% |
| 7936:JPAsics Corp | 3.92% | 0.16% | 3.76% |
| DBSM:SIDBS Group Holdings Ltd Dbs Group Holdings Ltd | 2.92% | 0.08% | 2.84% |
| FER:ASFerrovial Se | 2.91% | 0.05% | 2.86% |
| LUG:CALundin Gold, Inc. | 2.76% | 0.09% | 2.67% |
25.5% of BCIL is already inside FEDM.
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, BCIL or FEDM?
BCIL has an expense ratio of 0.80% while FEDM charges 0.12%. FEDM is the cheaper option, by $68 a year on a $10,000 investment.
Which performed better, BCIL or FEDM?
Over the past year BCIL returned -1.44% vs +14.21% for FEDM, so FEDM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BCIL or FEDM?
BCIL has been the more volatile fund at 15.4% annualized versus 11.3% for FEDM. Worst drawdown: BCIL -16.2% vs FEDM -14.2%.
Should I hold both BCIL and FEDM?
BCIL and FEDM have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BCIL and FEDM?
25.5% of BCIL's money is in holdings FEDM also owns. 3.4% of FEDM's is in holdings BCIL also owns. They hold 7 positions in common, counted across the 30 positions we hold weights for in BCIL and 214 in FEDM.
Which pays a higher dividend, BCIL or FEDM?
BCIL yields 0.72% while FEDM yields 2.89%, so FEDM currently pays the higher dividend yield.
Is FEDM better than BCIL?
FEDM has a lower expense ratio. FEDM led over 1Y and the full window. FEDM is less concentrated, with 15.9% of the fund in its ten largest positions against 42.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.