FDIV vs FFLC
MarketDesk Focused US Dividend ETF vs Fidelity Fundamental Large Cap Core ETF
Which is better, FDIV or FFLC?
FFLC has been ahead.
FDIV has a lower expense ratio. FFLC led over 1Y, 3Y and the full window. FDIV is less concentrated, with 33.0% of the fund in its ten largest positions against 41.9%.
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 | FDIV | FFLC |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.38% |
| AUM | $53M | $1.2B |
| Dividend Yield | 2.61% | 1.01% |
| Holdings | 224 | 216 |
| YTD Return | -0.05% | +9.90%Best |
| 1Y Return | +2.12% | +14.13%Best |
| 3Y Return (annualized) | +6.26% | +22.06%Best |
| 5Y Return (annualized) | - | +15.97% |
| Volatility (annualized) | 12.8%Best | 13.2% |
| Max Drawdown | -18.6%Best | -19.7% |
| $10,000 over 3.1 years | $11,722 | $18,210Best |
| Top 10 Weight | 33.0%Best | 41.9% |
| Fund Family | MarketDesk Indices | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 19, 2023 | Jun 2, 2020 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 20, 2023 to Oct 14, 2026 (3.1 years).
FDIV vs FFLC 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 3.1 years both funds cover.
FDIV vs FFLC Performance
MarketDesk Focused US Dividend ETF (FDIV) is an ETF from MarketDesk Indices and Fidelity Fundamental Large Cap Core ETF (FFLC) is an ETF from Fidelity Investments (US). Over the past year FDIV returned +2.12% while FFLC returned +14.13%. Year to date, FDIV is down 0.05% versus a gain of 9.90% for FFLC.
Over three years, FDIV compounded at +6.26% per year against +22.06% for FFLC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FFLC has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 12.8% for FDIV. 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 -18.6% for FDIV and -19.7% for FFLC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FDIV charges 0.35% per year while FFLC charges 0.38%. On a $10,000 position that is $35 vs $38 annually, a gap of $3 per year that compounds over a long holding period. On income, FDIV currently yields 2.61% against 1.01% for FFLC.
Holdings Overlap
46.2% of FDIV's money is in holdings FFLC also owns. 33.3% of FFLC's money is in holdings FDIV also owns.
The two portfolios partly overlap.
28 positions in common, counted across the 111 positions we hold weights for in FDIV and 108 in FFLC, against full books of 224 and 216.
What only one of them owns
Our book lists 68 positions for FFLC that do not appear in our book for FDIV (58.4% of the fund), and 78 for FDIV that do not appear in FFLC (51.7%).
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 FDIV | Weight in FFLC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.05% | 8.82% | 4.77% |
| METAMeta Platforms Inc | 3.77% | 3.11% | 0.66% |
| AVGOBroadcom Inc | 3.17% | 2.17% | 1.00% |
| XOMExxonmobil Corp. | 3.16% | 2.06% | 1.10% |
| VVisa Inc Class A | 2.94% | 1.90% | 1.04% |
| LLYEli Lilly & Co. | 3.14% | 1.65% | 1.49% |
| UNHUnitedhealth Group Incorporated | 2.75% | 1.18% | 1.57% |
| KOCoca Cola Co. | 2.93% | 0.73% | 2.20% |
| LRCXLam Research Corp | 3.32% | 0.16% | 3.16% |
| HDHome Depot Inc/The | 2.64% | 0.75% | 1.89% |
46.2% of FDIV is already inside FFLC.
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, FDIV or FFLC?
FDIV has an expense ratio of 0.35% while FFLC charges 0.38%. FDIV is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, FDIV or FFLC?
Over the past year FDIV returned +2.12% vs +14.13% for FFLC, so FFLC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDIV or FFLC?
FFLC has been the more volatile fund at 13.2% annualized versus 12.8% for FDIV. Worst drawdown: FDIV -18.6% vs FFLC -19.7%.
Should I hold both FDIV and FFLC?
FDIV and FFLC have a monthly-return correlation of 0.62, 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 FDIV and FFLC?
46.2% of FDIV's money is in holdings FFLC also owns. 33.3% of FFLC's is in holdings FDIV also owns. They hold 28 positions in common, counted across the 111 positions we hold weights for in FDIV and 108 in FFLC.
Which pays a higher dividend, FDIV or FFLC?
FDIV yields 2.61% while FFLC yields 1.01%, so FDIV currently pays the higher dividend yield.
Is FFLC better than FDIV?
FDIV has a lower expense ratio. FFLC led over 1Y, 3Y and the full window. FDIV is less concentrated, with 33.0% of the fund in its ten largest positions against 41.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.