FELC vs GDV
Fidelity Enhanced Large Cap Core ETF vs Gabelli Dividend & Income Trust
Which is better, FELC or GDV?
FELC has been ahead.
FELC has a lower expense ratio. FELC led over 1Y, 3Y and the full window.
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 | FELC | GDV |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.30% |
| AUM | $8.6B | $3.4B |
| Dividend Yield | 0.83% | 5.50% |
| Holdings | 590 | 715 |
| YTD Return | +14.93%Best | +6.53% |
| 1Y Return | +19.54%Best | +11.90% |
| 3Y Return (annualized) | +22.11%Best | +20.57% |
| 5Y Return (annualized) | - | +7.80% |
| Volatility (annualized) | 11.7%Best | 12.4% |
| Max Drawdown | -18.6% | -18.2%Best |
| $10,000 over 2.9 years | $17,848Best | $16,861 |
| Fund Family | Fidelity Investments (US) | Gabelli Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2023 | Nov 28, 2003 |
Not shown on this pair: Top 10 Weight.
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).
FELC vs GDV 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.
FELC vs GDV Performance
Fidelity Enhanced Large Cap Core ETF (FELC) is an ETF from Fidelity Investments (US) and Gabelli Dividend & Income Trust (GDV) is an ETF from Gabelli Funds. Over the past year FELC returned +19.54% while GDV returned +11.90%. Year to date, FELC is up 14.93% versus a gain of 6.53% for GDV.
Over three years, FELC compounded at +22.11% per year against +20.57% for GDV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDV has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 11.7% for FELC. 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 FELC and -18.2% for GDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FELC charges 0.18% per year while GDV charges 1.30%. On a $10,000 position that is $18 vs $130 annually, a gap of $112 per year that compounds over a long holding period. On income, FELC currently yields 0.83% against 5.50% for GDV.
Holdings Overlap
At least 79.7% of FELC's money is in holdings GDV also owns.
Only one direction is shown: for GDV, our book for it lists positions totalling 110.0% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
Most of FELC is already inside GDV. Owning both mostly buys the same companies twice.
The two holdings books were reported 185 days apart, FELC as of Oct 2, 2026 and GDV as of Mar 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
131 positions in common, counted across the 300 positions we hold weights for in FELC and 678 in GDV, against full books of 590 and 715.
Top Shared Holdings
| Stock | Weight in FELC | Weight in GDV | Difference |
|---|---|---|---|
| NVDANVIDIA Corporation | 8.93% | 1.32% | 7.61% |
| AAPLApple, Inc | 7.73% | 0.97% | 6.76% |
| MSFTMicrosoft Corp | 5.08% | 1.41% | 3.67% |
| AMZNAmazon.Com Inc | 3.83% | 0.87% | 2.96% |
| JPMJpmorgan Chase & Co | 1.71% | 2.42% | 0.71% |
| GOOGAlphabet Inc Cl C | 2.12% | 1.67% | 0.45% |
| GOOGLAlphabet Inc Cl A | 3.35% | 0.27% | 3.08% |
| MAMastercard Inc. Cl A | 1.10% | 2.40% | 1.30% |
| AVGOBroadcom Inc | 2.80% | 0.59% | 2.21% |
| LLYEli Lilly & Co. | 1.74% | 1.53% | 0.21% |
79.7% of FELC is already inside GDV.
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, FELC or GDV?
FELC has an expense ratio of 0.18% while GDV charges 1.30%. FELC is the cheaper option, by $112 a year on a $10,000 investment.
Which performed better, FELC or GDV?
Over the past year FELC returned +19.54% vs +11.90% for GDV, so FELC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FELC or GDV?
GDV has been the more volatile fund at 12.4% annualized versus 11.7% for FELC. Worst drawdown: FELC -18.6% vs GDV -18.2%.
Should I hold both FELC and GDV?
FELC and GDV have a monthly-return correlation of 0.82, 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 FELC and GDV?
At least 79.7% of FELC's money is in holdings GDV also owns. Our book for GDV is partial, so the real figure is this or higher. They hold 131 positions in common, counted across the 300 positions we hold weights for in FELC and 678 in GDV.
Which pays a higher dividend, FELC or GDV?
FELC yields 0.83% while GDV yields 5.50%, so GDV currently pays the higher dividend yield.
Is GDV better than FELC?
FELC has a lower expense ratio. FELC led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.