FELC vs HUSV
Fidelity Enhanced Large Cap Core ETF vs First Trust Horizon Managed Volatility Domestic ETF
Which is better, FELC or HUSV?
FELC has been ahead.
FELC has a lower expense ratio. FELC led over 1Y, 3Y and the full window. HUSV is less concentrated, with 22.7% 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 | HUSV |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.70% |
| AUM | $8.6B | $54M |
| Dividend Yield | 0.83% | 1.52% |
| Holdings | 590 | 202 |
| YTD Return | +14.93%Best | +5.79% |
| 1Y Return | +19.54%Best | +3.42% |
| 3Y Return (annualized) | +22.11%Best | +9.84% |
| 5Y Return (annualized) | - | +5.65% |
| Volatility (annualized) | 11.7% | 10.1%Best |
| Max Drawdown | -18.6% | -9.3%Best |
| $10,000 over 2.9 years | $17,848Best | $12,908 |
| Top 10 Weight | 40.1% | 22.7%Best |
| Fund Family | Fidelity Investments (US) | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2023 | Aug 24, 2016 |
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 HUSV 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 HUSV Performance
Fidelity Enhanced Large Cap Core ETF (FELC) is an ETF from Fidelity Investments (US) and First Trust Horizon Managed Volatility Domestic ETF (HUSV) is an ETF from First Trust Portfolios (US). Over the past year FELC returned +19.54% while HUSV returned +3.42%. Year to date, FELC is up 14.93% versus a gain of 5.79% for HUSV.
Over three years, FELC compounded at +22.11% per year against +9.84% for HUSV.
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 10.1% for HUSV. 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 -9.3% for HUSV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FELC charges 0.18% per year while HUSV charges 0.70%. On a $10,000 position that is $18 vs $70 annually, a gap of $52 per year that compounds over a long holding period. On income, FELC currently yields 0.83% against 1.52% for HUSV.
Holdings Overlap
32.2% of FELC's money is in holdings HUSV also owns. 46.1% of HUSV's money is in holdings FELC also owns.
The two portfolios partly overlap.
46 positions in common, counted across the 300 positions we hold weights for in FELC and 101 in HUSV, against full books of 590 and 202.
What only one of them owns
Our book lists 52 positions for HUSV that do not appear in our book for FELC (52.3% of the fund), and 175 for FELC that do not appear in HUSV (67.2%).
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 HUSV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.93% | 1.94% | 6.99% |
| AAPLApple, Inc | 7.73% | 2.27% | 5.46% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.89% | 2.56% | 0.67% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.03% | 1.70% | 0.67% |
| LLoews Corp | 0.11% | 2.39% | 2.28% |
| REGRegency Centers Corp. | 0.00% | 2.49% | 2.49% |
| MSIMotorola Solutions, Inc | 0.16% | 2.23% | 2.07% |
| ADIAnalog Devices, Inc. | 0.39% | 1.94% | 1.55% |
| FFIVF5 Networks Inc. | 0.03% | 2.01% | 1.98% |
| VRSNVerisign Inc. | 0.09% | 1.89% | 1.80% |
46.1% of HUSV 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 HUSV?
FELC has an expense ratio of 0.18% while HUSV charges 0.70%. FELC is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, FELC or HUSV?
Over the past year FELC returned +19.54% vs +3.42% for HUSV, 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 HUSV?
FELC has been the more volatile fund at 11.7% annualized versus 10.1% for HUSV. Worst drawdown: FELC -18.6% vs HUSV -9.3%.
Should I hold both FELC and HUSV?
FELC and HUSV have a monthly-return correlation of 0.44, 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 HUSV?
46.1% of HUSV's money is in holdings FELC also owns. 46.1% of HUSV's is in holdings FELC also owns. They hold 46 positions in common, counted across the 300 positions we hold weights for in FELC and 101 in HUSV.
Which pays a higher dividend, FELC or HUSV?
FELC yields 0.83% while HUSV yields 1.52%, so HUSV currently pays the higher dividend yield.
Is HUSV better than FELC?
FELC has a lower expense ratio. FELC led over 1Y, 3Y and the full window. HUSV is less concentrated, with 22.7% 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.