FELC vs GUSE
Fidelity Enhanced Large Cap Core ETF vs Goldman Sachs Enhanced US Equity ETF
Which is better, FELC or GUSE?
FELC has been ahead.
FELC has a lower expense ratio. FELC led over 1Y. FELC is less concentrated, with 38.8% of the fund in its ten largest positions against 39.4%.
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 | GUSE |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.30% |
| AUM | $8.5B | $362M |
| Dividend Yield | 0.81% | 0.64% |
| Holdings | 590 | 121 |
| YTD Return | +16.14%Best | +15.04% |
| 1Y Return | +20.54%Best | +18.63% |
| 3Y Return (annualized) | +22.58% | - |
| Top 10 Weight | 38.8%Best | 39.4% |
| Fund Family | Fidelity Investments (US) | Goldman Sachs Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2023 | Jan 31, 2008 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
FELC vs GUSE 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FELC vs GUSE Performance
Fidelity Enhanced Large Cap Core ETF (FELC) is an ETF from Fidelity Investments (US) and Goldman Sachs Enhanced US Equity ETF (GUSE) is an ETF from Goldman Sachs Asset Management. Over the past year FELC returned +20.54% while GUSE returned +18.63%. Year to date, FELC is up 16.14% versus a gain of 15.04% for GUSE.
Past performance does not guarantee future results.
Fees and Cost Over Time
FELC charges 0.18% per year while GUSE charges 0.30%. On a $10,000 position that is $18 vs $30 annually, a gap of $12 per year that compounds over a long holding period. On income, FELC currently yields 0.81% against 0.64% for GUSE.
Holdings Overlap
59.8% of FELC's money is in holdings GUSE also owns. 72.2% of GUSE's money is in holdings FELC also owns.
Most of GUSE is already inside FELC. Owning both mostly buys the same companies twice.
57 positions in common, counted across the 278 positions we hold weights for in FELC and 121 in GUSE, against full books of 590 and 121.
What only one of them owns
Our book lists 59 positions for GUSE that do not appear in our book for FELC (24.8% of the fund), and 161 for FELC that do not appear in GUSE (36.6%).
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 GUSE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.36% | 8.50% | 0.14% |
| AAPLApple, Inc | 7.79% | 7.65% | 0.14% |
| MSFTMicrosoft Corp | 4.95% | 4.90% | 0.05% |
| AMZNAmazon.Com Inc | 3.91% | 4.30% | 0.39% |
| GOOGLAlphabet Inc,class A | 3.21% | 3.44% | 0.23% |
| AVGOBroadcom Inc | 2.75% | 2.55% | 0.20% |
| METAMeta Platforms Inc | 2.18% | 2.24% | 0.06% |
| GOOGAlphabet Inc. C | 2.12% | 2.21% | 0.09% |
| JPMJpmorgan Chase | 1.83% | 1.75% | 0.08% |
| MUMicron Technology, Inc. | 1.68% | 1.81% | 0.13% |
72.2% of GUSE 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 GUSE?
FELC has an expense ratio of 0.18% while GUSE charges 0.30%. FELC is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, FELC or GUSE?
Over the past year FELC returned +20.54% vs +18.63% for GUSE, so FELC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between FELC and GUSE?
72.2% of GUSE's money is in holdings FELC also owns. 72.2% of GUSE's is in holdings FELC also owns. They hold 57 positions in common, counted across the 278 positions we hold weights for in FELC and 121 in GUSE.
Which pays a higher dividend, FELC or GUSE?
FELC yields 0.81% while GUSE yields 0.64%, so FELC currently pays the higher dividend yield.
Is GUSE better than FELC?
FELC has a lower expense ratio. FELC led over 1Y. FELC is less concentrated, with 38.8% of the fund in its ten largest positions against 39.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.