FELC vs QIDX

FELC vs QIDX

Which is better, FELC or QIDX?

FELC has been ahead.

FELC has a lower expense ratio. FELC led over 1Y and the full window. QIDX is less concentrated, with 26.2% of the fund in its ten largest positions against 40.1%.

Lower Fees: FELCHigher Returns: FELCLess Concentrated: QIDX

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

MetricFELCQIDX
Expense Ratio0.18%Best0.50%
AUM$8.6B$39M
Dividend Yield0.83%0.93%
Holdings590264
YTD Return+14.93%Best+7.85%
1Y Return+19.54%Best+7.18%
3Y Return (annualized)+22.11%-
Volatility (annualized)12.7%9.9%Best
Max Drawdown-18.6%-15.0%Best
$10,000 over 1.8 years$13,553Best$11,722
Top 10 Weight40.1%26.2%Best
Fund FamilyFidelity Investments (US)Indexperts
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionNov 20, 2023Dec 31, 2024

Not shown on this pair: 5Y Return (annualized).

Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Jan 2, 2025 to Oct 14, 2026 (1.8 years).

FELC vs QIDX 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 1.8 years both funds cover.

Compare FELC against instead:FELC vs SPYFELC vs QQQFELC vs VOOFELC vs VTIQIDX against:QIDX vs VXUS

FELC vs QIDX Performance

Fidelity Enhanced Large Cap Core ETF (FELC) is an ETF from Fidelity Investments (US) and Indexperts Quality Earnings Focused ETF (QIDX) is an ETF from Indexperts. Over the past year FELC returned +19.54% while QIDX returned +7.18%. Year to date, FELC is up 14.93% versus a gain of 7.85% for QIDX.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

FELC has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 9.9% for QIDX. 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 -15.0% for QIDX. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

FELC charges 0.18% per year while QIDX charges 0.50%. On a $10,000 position that is $18 vs $50 annually, a gap of $32 per year that compounds over a long holding period. On income, FELC currently yields 0.83% against 0.93% for QIDX.

Holdings Overlap

FELC already in QIDX30.7%
QIDX already in FELC54.8%

30.7% of FELC's money is in holdings QIDX also owns. 54.8% of QIDX's money is in holdings FELC also owns.

The two portfolios partly overlap.

41 positions in common, counted across the 300 positions we hold weights for in FELC and 131 in QIDX, against full books of 590 and 264.

What only one of them owns

Our book lists 89 positions for QIDX that do not appear in our book for FELC (44.5% of the fund), and 182 for FELC that do not appear in QIDX (68.7%).

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

StockWeight in FELCWeight in QIDXDifference
AAPLApple, Inc7.73%2.42%5.31%
GOOGLAlphabet Inc3.35%3.22%0.13%
MSFTMicrosoft Corp5.08%0.69%4.39%
ANETArista Networks Inc Common Stock0.43%4.54%4.11%
BRK.BBerkshire Hathaway Inc Brk/B Us Equity1.89%1.47%0.42%
TMOThermo Fisherscientific Inc.0.10%3.25%3.15%
XOMExxonmobil Corp.1.00%2.21%1.21%
CSCOCisco Systems Inc. - Ordinary Shares1.03%1.94%0.91%
LLYEli Lilly & Co.1.74%1.01%0.73%
JPMJpmorgan Chase1.71%0.96%0.75%

54.8% of QIDX 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.

FELCQIDX

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Frequently Asked Questions

Which is cheaper, FELC or QIDX?

FELC has an expense ratio of 0.18% while QIDX charges 0.50%. FELC is the cheaper option, by $32 a year on a $10,000 investment.

Which performed better, FELC or QIDX?

Over the past year FELC returned +19.54% vs +7.18% for QIDX, so FELC leads on 1-year performance. Over the longest common window we track (2 years), FELC annualized +18.40% vs +9.23% for QIDX. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, FELC or QIDX?

FELC has been the more volatile fund at 12.7% annualized versus 9.9% for QIDX. Worst drawdown: FELC -18.6% vs QIDX -15.0%.

Should I hold both FELC and QIDX?

FELC and QIDX have a monthly-return correlation of 0.72, 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 QIDX?

54.8% of QIDX's money is in holdings FELC also owns. 54.8% of QIDX's is in holdings FELC also owns. They hold 41 positions in common, counted across the 300 positions we hold weights for in FELC and 131 in QIDX.

Which pays a higher dividend, FELC or QIDX?

FELC yields 0.83% while QIDX yields 0.93%, so QIDX currently pays the higher dividend yield.

Is QIDX better than FELC?

FELC has a lower expense ratio. FELC led over 1Y and the full window. QIDX is less concentrated, with 26.2% 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.