BGRO vs FELG
iShares Large Cap Growth Active ETF vs Fidelity Enhanced Large Cap Growth ETF
Which is better, BGRO or FELG?
Nearly the same fund. FELG costs less.
FELG has a lower expense ratio. BGRO led over 1Y, FELG over the full window. The two have moved almost in lockstep, correlation 0.98. BGRO is less concentrated, with 48.7% of the fund in its ten largest positions against 58.3%.
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 | BGRO | FELG |
|---|---|---|
| Expense Ratio | 0.55% | 0.18%Best |
| AUM | $10M | $5.8B |
| Dividend Yield | 0.00% | 0.35% |
| Holdings | 38 | 135 |
| YTD Return | +12.63%Best | +7.63% |
| 1Y Return | +13.39%Best | +10.39% |
| 3Y Return (annualized) | - | +22.35% |
| Volatility (annualized) | 18.4% | 15.8%Best |
| Max Drawdown | -24.9% | -23.9%Best |
| $10,000 over 2.4 years | $14,149 | $14,648Best |
| Top 10 Weight | 48.7%Best | 58.3% |
| Fund Family | BlackRock, Inc. (US) | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 4, 2024 | Nov 20, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Jun 5, 2024 to Oct 14, 2026 (2.4 years).
BGRO vs FELG 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 2.4 years both funds cover.
BGRO vs FELG Performance
iShares Large Cap Growth Active ETF (BGRO) is an ETF from BlackRock, Inc. (US) and Fidelity Enhanced Large Cap Growth ETF (FELG) is an ETF from Fidelity Investments (US). Over the past year BGRO returned +13.39% while FELG returned +10.39%. Year to date, BGRO is up 12.63% versus a gain of 7.63% for FELG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BGRO has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 15.8% for FELG. 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 -24.9% for BGRO and -23.9% for FELG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BGRO charges 0.55% per year while FELG charges 0.18%. On a $10,000 position that is $55 vs $18 annually, a gap of $37 per year that compounds over a long holding period. On income, BGRO currently yields 0.00% against 0.35% for FELG.
Holdings Overlap
79.2% of BGRO's money is in holdings FELG also owns. 68.9% of FELG's money is in holdings BGRO also owns.
Most of BGRO is already inside FELG. Owning both mostly buys the same companies twice.
27 positions in common, counted across the 40 positions we hold weights for in BGRO and 127 in FELG, against full books of 38 and 135.
What only one of them owns
Our book lists 84 positions for FELG that do not appear in our book for BGRO (30.7% of the fund), and 11 for BGRO that do not appear in FELG (16.9%).
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 BGRO | Weight in FELG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.22% | 16.24% | 3.02% |
| AAPLApple, Inc | 4.66% | 8.01% | 3.35% |
| GOOGLAlphabet Inc | 4.62% | 7.46% | 2.84% |
| MSFTMicrosoft Corp | 5.01% | 5.00% | 0.01% |
| MUMicron Technology, Inc. | 3.68% | 4.02% | 0.34% |
| GOOGAlphabet Inc. C | 3.68% | 2.99% | 0.69% |
| AVGOBroadcom Inc | 1.33% | 5.05% | 3.72% |
| METAMeta Platforms Inc | 2.37% | 3.81% | 1.44% |
| LLYEli Lilly & Co. | 2.88% | 3.11% | 0.23% |
| AMDAdvanced Micro Devices Inc | 2.58% | 2.42% | 0.16% |
79.2% of BGRO is already inside FELG.
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, BGRO or FELG?
BGRO has an expense ratio of 0.55% while FELG charges 0.18%. FELG is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, BGRO or FELG?
Over the past year BGRO returned +13.39% vs +10.39% for FELG, so BGRO leads on 1-year performance. Over the longest common window we track (2 years), BGRO annualized +15.56% vs +17.24% for FELG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BGRO or FELG?
BGRO has been the more volatile fund at 18.4% annualized versus 15.8% for FELG. Worst drawdown: BGRO -24.9% vs FELG -23.9%.
Should I hold both BGRO and FELG?
BGRO and FELG have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between BGRO and FELG?
79.2% of BGRO's money is in holdings FELG also owns. 68.9% of FELG's is in holdings BGRO also owns. They hold 27 positions in common, counted across the 40 positions we hold weights for in BGRO and 127 in FELG.
Which pays a higher dividend, BGRO or FELG?
BGRO yields 0.00% while FELG yields 0.35%, so FELG currently pays the higher dividend yield.
Is FELG better than BGRO?
FELG has a lower expense ratio. BGRO led over 1Y, FELG over the full window. The two have moved almost in lockstep, correlation 0.98. BGRO is less concentrated, with 48.7% of the fund in its ten largest positions against 58.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.