CGUS vs FELC
Capital Group Core Equity ETF vs Fidelity Enhanced Large Cap Core ETF
Which is better, CGUS or FELC?
Nearly the same fund. FELC costs less.
FELC has a lower expense ratio. FELC led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. FELC is less concentrated, with 40.1% of the fund in its ten largest positions against 43.8%.
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 | CGUS | FELC |
|---|---|---|
| Expense Ratio | 0.33% | 0.18%Best |
| AUM | $12.3B | $8.6B |
| Dividend Yield | 0.83% | 0.83% |
| Holdings | 75 | 590 |
| YTD Return | +11.95% | +14.93%Best |
| 1Y Return | +15.39% | +19.54%Best |
| 3Y Return (annualized) | +21.76% | +22.11%Best |
| Volatility (annualized) | 11.5%Best | 11.7% |
| Max Drawdown | -18.1%Best | -18.6% |
| $10,000 over 2.9 years | $17,219 | $17,848Best |
| Top 10 Weight | 43.8% | 40.1%Best |
| Fund Family | Capital Group (US) | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 22, 2022 | Nov 20, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 20, 2023 to Oct 14, 2026 (2.9 years).
CGUS vs FELC 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 2.9 years both funds cover.
CGUS vs FELC Performance
Capital Group Core Equity ETF (CGUS) is an ETF from Capital Group (US) and Fidelity Enhanced Large Cap Core ETF (FELC) is an ETF from Fidelity Investments (US). Over the past year CGUS returned +15.39% while FELC returned +19.54%. Year to date, CGUS is up 11.95% versus a gain of 14.93% for FELC.
Over three years, CGUS compounded at +21.76% per year against +22.11% for FELC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FELC has been the more volatile fund, with annualized monthly volatility of 11.7% compared with 11.5% for CGUS. 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 -18.1% for CGUS and -18.6% for FELC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CGUS charges 0.33% per year while FELC charges 0.18%. On a $10,000 position that is $33 vs $18 annually, a gap of $15 per year that compounds over a long holding period. On income, CGUS currently yields 0.83% against 0.83% for FELC.
Holdings Overlap
72.0% of CGUS's money is in holdings FELC also owns. 55.3% of FELC's money is in holdings CGUS also owns.
Most of CGUS is already inside FELC. Owning both mostly buys the same companies twice.
38 positions in common, counted across the 68 positions we hold weights for in CGUS and 300 in FELC, against full books of 75 and 590.
What only one of them owns
Our book lists 179 positions for FELC that do not appear in our book for CGUS (44.1% of the fund), and 21 for CGUS that do not appear in FELC (17.4%).
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 CGUS | Weight in FELC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.90% | 8.93% | 1.03% |
| MSFTMicrosoft Corp | 7.05% | 5.08% | 1.97% |
| AAPLApple, Inc | 2.53% | 7.73% | 5.20% |
| AMZNAmazon.Com Inc | 4.75% | 3.83% | 0.92% |
| AVGOBroadcom Inc | 5.26% | 2.80% | 2.46% |
| METAMeta Platforms Inc | 4.55% | 2.38% | 2.17% |
| GOOGLAlphabet Inc | 3.14% | 3.35% | 0.21% |
| LLYEli Lilly & Co. | 3.68% | 1.74% | 1.94% |
| GOOGAlphabet Inc. C | 1.89% | 2.12% | 0.23% |
| JPMJpmorgan Chase | 1.74% | 1.71% | 0.03% |
72.0% of CGUS is already inside FELC.
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, CGUS or FELC?
CGUS has an expense ratio of 0.33% while FELC charges 0.18%. FELC is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, CGUS or FELC?
Over the past year CGUS returned +15.39% vs +19.54% for FELC, so FELC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGUS or FELC?
FELC has been the more volatile fund at 11.7% annualized versus 11.5% for CGUS. Worst drawdown: CGUS -18.1% vs FELC -18.6%.
Should I hold both CGUS and FELC?
CGUS and FELC have a monthly-return correlation of 0.96, 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 CGUS and FELC?
72.0% of CGUS's money is in holdings FELC also owns. 55.3% of FELC's is in holdings CGUS also owns. They hold 38 positions in common, counted across the 68 positions we hold weights for in CGUS and 300 in FELC.
Which pays a higher dividend, CGUS or FELC?
CGUS yields 0.83% while FELC yields 0.83%, so FELC currently pays the higher dividend yield.
Is FELC better than CGUS?
FELC has a lower expense ratio. FELC led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. FELC is less concentrated, with 40.1% of the fund in its ten largest positions against 43.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.