FELC vs NTSX
Fidelity Enhanced Large Cap Core ETF vs WisdomTree US Efficient Core Fund
Which is better, FELC or NTSX?
Nearly the same fund. FELC costs less.
FELC has a lower expense ratio. FELC led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96.
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 | NTSX |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.20% |
| AUM | $8.6B | $1.4B |
| Dividend Yield | 0.83% | 1.08% |
| Holdings | 590 | 506 |
| YTD Return | +14.93%Best | +8.74% |
| 1Y Return | +19.54%Best | +10.97% |
| 3Y Return (annualized) | +22.11%Best | +20.03% |
| 5Y Return (annualized) | - | +8.36% |
| Volatility (annualized) | 11.7%Tie | 11.7%Tie |
| Max Drawdown | -18.6% | -16.8%Best |
| $10,000 over 2.9 years | $17,848Best | $16,505 |
| Fund Family | Fidelity Investments (US) | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2023 | Aug 2, 2018 |
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 NTSX 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 NTSX Performance
Fidelity Enhanced Large Cap Core ETF (FELC) is an ETF from Fidelity Investments (US) and WisdomTree US Efficient Core Fund (NTSX) is an ETF from WisdomTree Investments. Over the past year FELC returned +19.54% while NTSX returned +10.97%. Year to date, FELC is up 14.93% versus a gain of 8.74% for NTSX.
Over three years, FELC compounded at +22.11% per year against +20.03% for NTSX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FELC and NTSX have been equally volatile, both at 11.7% annualized.
The deepest peak-to-trough decline in our data was -18.6% for FELC and -16.8% for NTSX. 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 NTSX charges 0.20%. On a $10,000 position that is $18 vs $20 annually, a gap of $2 per year that compounds over a long holding period. On income, FELC currently yields 0.83% against 1.08% for NTSX.
Holdings Overlap
At least 90.4% of FELC's money is in holdings NTSX also owns.
Stated as a floor: for NTSX, our book for it covers 90.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of FELC is already inside NTSX. Owning both mostly buys the same companies twice.
201 positions in common, counted across the 300 positions we hold weights for in FELC and 501 in NTSX, against full books of 590 and 506.
Top Shared Holdings
| Stock | Weight in FELC | Weight in NTSX | Difference |
|---|---|---|---|
| NVDANVIDIA Corporation | 8.93% | 7.11% | 1.82% |
| AAPLApple, Inc | 7.73% | 6.82% | 0.91% |
| MSFTMicrosoft Corp | 5.08% | 5.07% | 0.01% |
| GOOGLAlphabet Inc Cl A | 3.35% | 5.71% | 2.36% |
| AMZNAmazon.Com Inc | 3.83% | 3.53% | 0.30% |
| AVGOBroadcom Inc | 2.80% | 2.06% | 0.74% |
| METAMeta Platforms Inc Class A | 2.38% | 2.23% | 0.15% |
| MUMicron Technology Inc . | 2.04% | 1.35% | 0.69% |
| LLYEli Lilly & Co. | 1.74% | 1.51% | 0.23% |
| JPMJpmorgan Chase & Co | 1.71% | 1.28% | 0.43% |
90.4% of FELC is already inside NTSX.
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 NTSX?
FELC has an expense ratio of 0.18% while NTSX charges 0.20%. FELC is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, FELC or NTSX?
Over the past year FELC returned +19.54% vs +10.97% for NTSX, 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 NTSX?
FELC and NTSX have been equally volatile, both at 11.7% annualized. Worst drawdown: FELC -18.6% vs NTSX -16.8%.
Should I hold both FELC and NTSX?
FELC and NTSX 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 NTSX?
At least 90.4% of FELC's money is in holdings NTSX also owns. Our book for NTSX is partial, so the real figure is this or higher. They hold 201 positions in common, counted across the 300 positions we hold weights for in FELC and 501 in NTSX.
Which pays a higher dividend, FELC or NTSX?
FELC yields 0.83% while NTSX yields 1.08%, so NTSX currently pays the higher dividend yield.
Is NTSX better than FELC?
FELC has a lower expense ratio. FELC led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.