FELC vs LDRX
Fidelity Enhanced Large Cap Core ETF vs SGI Enhanced Market Leaders ETF
Which is better, FELC or LDRX?
Nearly the same fund. FELC costs less.
FELC has a lower expense ratio. FELC led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96. FELC is less concentrated, with 40.1% of the fund in its ten largest positions against 55.2%.
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 | LDRX |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.59% |
| AUM | $8.6B | $261M |
| Dividend Yield | 0.83% | 0.97% |
| Holdings | 590 | 104 |
| YTD Return | +14.93%Best | +13.27% |
| 1Y Return | +19.54%Best | +16.78% |
| 3Y Return (annualized) | +22.11% | - |
| Volatility (annualized) | 11.5%Best | 13.6% |
| Max Drawdown | -9.1%Best | -10.6% |
| $10,000 over 1.4 years | $13,963Best | $13,893 |
| Top 10 Weight | 40.1%Best | 55.2% |
| Fund Family | Fidelity Investments (US) | Summit Global Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2023 | May 5, 2025 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 5, 2025 to Oct 14, 2026 (1.4 years).
FELC vs LDRX 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 1.4 years both funds cover.
FELC vs LDRX Performance
Fidelity Enhanced Large Cap Core ETF (FELC) is an ETF from Fidelity Investments (US) and SGI Enhanced Market Leaders ETF (LDRX) is an ETF from Summit Global Investments. Over the past year FELC returned +19.54% while LDRX returned +16.78%. Year to date, FELC is up 14.93% versus a gain of 13.27% for LDRX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LDRX has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 11.5% 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 -9.1% for FELC and -10.6% for LDRX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FELC charges 0.18% per year while LDRX charges 0.59%. On a $10,000 position that is $18 vs $59 annually, a gap of $41 per year that compounds over a long holding period. On income, FELC currently yields 0.83% against 0.97% for LDRX.
Holdings Overlap
70.9% of FELC's money is in holdings LDRX also owns. 92.2% of LDRX's money is in holdings FELC also owns.
Most of LDRX is already inside FELC. Owning both mostly buys the same companies twice.
75 positions in common, counted across the 300 positions we hold weights for in FELC and 100 in LDRX, against full books of 590 and 104.
What only one of them owns
Measured across the 300 and 100 positions we hold weights for.
FELC holds 141 positions LDRX does not, 27.9% of the fund.
Largest: GOOG 2.12%, FTNT 0.73%, PGR 0.69%, TT 0.69%, ABNB 0.58%
Top Shared Holdings
| Stock | Weight in FELC | Weight in LDRX | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.93% | 11.55% | 2.62% |
| AAPLApple, Inc | 7.73% | 9.87% | 2.14% |
| MSFTMicrosoft Corp | 5.08% | 7.76% | 2.68% |
| GOOGLAlphabet Inc | 3.35% | 7.61% | 4.26% |
| AMZNAmazon.Com Inc | 3.83% | 5.13% | 1.30% |
| AVGOBroadcom Inc | 2.80% | 3.43% | 0.63% |
| METAMeta Platforms Inc | 2.38% | 3.28% | 0.90% |
| MUMicron Technology, Inc. | 2.04% | 2.53% | 0.49% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.89% | 1.86% | 0.03% |
| LLYEli Lilly & Co. | 1.74% | 1.83% | 0.09% |
92.2% of LDRX 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 LDRX?
FELC has an expense ratio of 0.18% while LDRX charges 0.59%. FELC is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, FELC or LDRX?
Over the past year FELC returned +19.54% vs +16.78% for LDRX, so FELC leads on 1-year performance. Over the longest common window we track (1 years), FELC annualized +26.93% vs +26.47% for LDRX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FELC or LDRX?
LDRX has been the more volatile fund at 13.6% annualized versus 11.5% for FELC. Worst drawdown: FELC -9.1% vs LDRX -10.6%.
Should I hold both FELC and LDRX?
FELC and LDRX have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between FELC and LDRX?
92.2% of LDRX's money is in holdings FELC also owns. 92.2% of LDRX's is in holdings FELC also owns. They hold 75 positions in common, counted across the 300 positions we hold weights for in FELC and 100 in LDRX.
Which pays a higher dividend, FELC or LDRX?
FELC yields 0.83% while LDRX yields 0.97%, so LDRX currently pays the higher dividend yield.
Is LDRX better than FELC?
FELC has a lower expense ratio. FELC led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96. FELC is less concentrated, with 40.1% of the fund in its ten largest positions against 55.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.