FELC vs GOP
Fidelity Enhanced Large Cap Core ETF vs Subversive Congressional Republicans Trading ETF
Which is better, FELC or GOP?
Each has led over a different period.
FELC has a lower expense ratio. FELC led over 3Y and the full window, GOP over 1Y. GOP is less concentrated, with 38.4% of the fund in its ten largest positions against 40.1%.
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 | GOP |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.73% |
| AUM | $8.6B | $94M |
| Dividend Yield | 0.83% | 0.56% |
| Holdings | 590 | 141 |
| YTD Return | +14.93% | +19.48%Best |
| 1Y Return | +19.54% | +22.08%Best |
| 3Y Return (annualized) | +22.11%Best | +21.66% |
| Volatility (annualized) | 11.7%Best | 12.8% |
| Max Drawdown | -18.6%Best | -20.7% |
| $10,000 over 2.9 years | $17,848Best | $17,335 |
| Top 10 Weight | 40.1% | 38.4%Best |
| Fund Family | Fidelity Investments (US) | Subversive Capital |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2023 | Feb 7, 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).
FELC vs GOP 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 GOP Performance
Fidelity Enhanced Large Cap Core ETF (FELC) is an ETF from Fidelity Investments (US) and Subversive Congressional Republicans Trading ETF (GOP) is an ETF from Subversive Capital. Over the past year FELC returned +19.54% while GOP returned +22.08%. Year to date, FELC is up 14.93% versus a gain of 19.48% for GOP.
Over three years, FELC compounded at +22.11% per year against +21.66% for GOP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GOP has been the more volatile fund, with annualized monthly volatility of 12.8% 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 -20.7% for GOP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FELC charges 0.18% per year while GOP charges 0.73%. On a $10,000 position that is $18 vs $73 annually, a gap of $55 per year that compounds over a long holding period. On income, FELC currently yields 0.83% against 0.56% for GOP.
Holdings Overlap
54.6% of FELC's money is in holdings GOP also owns. 62.6% of GOP's money is in holdings FELC also owns.
The two portfolios partly overlap.
68 positions in common, counted across the 300 positions we hold weights for in FELC and 135 in GOP, against full books of 590 and 141.
What only one of them owns
Our book lists 61 positions for GOP that do not appear in our book for FELC (33.0% of the fund), and 159 for FELC that do not appear in GOP (44.8%).
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 FELC | Weight in GOP | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.93% | 3.48% | 5.45% |
| AAPLApple, Inc | 7.73% | 0.57% | 7.16% |
| FIXComfort Systems USA Inc. | 0.42% | 7.59% | 7.17% |
| INTCIntel Corporation | 0.95% | 6.45% | 5.50% |
| JPMJpmorgan Chase | 1.71% | 4.17% | 2.46% |
| MSFTMicrosoft Corp | 5.08% | 0.56% | 4.52% |
| AMZNAmazon.Com Inc | 3.83% | 0.63% | 3.20% |
| AMDAdvanced Micro Devices Inc | 0.99% | 3.29% | 2.30% |
| ANETArista Networks Inc. | 0.43% | 3.65% | 3.22% |
| AVGOBroadcom Inc | 2.80% | 0.84% | 1.96% |
62.6% of GOP 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, FELC or GOP?
FELC has an expense ratio of 0.18% while GOP charges 0.73%. FELC is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, FELC or GOP?
Over the past year FELC returned +19.54% vs +22.08% for GOP, so GOP leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FELC or GOP?
GOP has been the more volatile fund at 12.8% annualized versus 11.7% for FELC. Worst drawdown: FELC -18.6% vs GOP -20.7%.
Should I hold both FELC and GOP?
FELC and GOP have a monthly-return correlation of 0.87, 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 GOP?
62.6% of GOP's money is in holdings FELC also owns. 62.6% of GOP's is in holdings FELC also owns. They hold 68 positions in common, counted across the 300 positions we hold weights for in FELC and 135 in GOP.
Which pays a higher dividend, FELC or GOP?
FELC yields 0.83% while GOP yields 0.56%, so FELC currently pays the higher dividend yield.
Is GOP better than FELC?
FELC has a lower expense ratio. FELC led over 3Y and the full window, GOP over 1Y. GOP is less concentrated, with 38.4% of the fund in its ten largest positions against 40.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.