FELC vs SSUS
Fidelity Enhanced Large Cap Core ETF vs Day Hagan Smart Sector ETF
Which is better, FELC or SSUS?
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 0.97. FELC is less concentrated, with 40.1% of the fund in its ten largest positions against 89.3%.
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 | SSUS |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.76% |
| AUM | $8.6B | $614M |
| Dividend Yield | 0.83% | 0.45% |
| Holdings | 590 | 48 |
| YTD Return | +14.93% | +15.69%Best |
| 1Y Return | +19.54%Best | +18.28% |
| 3Y Return (annualized) | +22.11%Best | +18.40% |
| 5Y Return (annualized) | - | +10.92% |
| Volatility (annualized) | 11.7%Best | 12.1% |
| Max Drawdown | -18.6% | -17.6%Best |
| $10,000 over 2.9 years | $17,848Best | $16,666 |
| Top 10 Weight | 40.1%Best | 89.3% |
| Fund Family | Fidelity Investments (US) | Day Hagan Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2023 | Jan 16, 2020 |
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 SSUS 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 SSUS Performance
Fidelity Enhanced Large Cap Core ETF (FELC) is an ETF from Fidelity Investments (US) and Day Hagan Smart Sector ETF (SSUS) is an ETF from Day Hagan Funds. Over the past year FELC returned +19.54% while SSUS returned +18.28%. Year to date, FELC is up 14.93% versus a gain of 15.69% for SSUS.
Over three years, FELC compounded at +22.11% per year against +18.40% for SSUS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SSUS has been the more volatile fund, with annualized monthly volatility of 12.1% compared with 11.7% 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 -18.6% for FELC and -17.6% for SSUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. 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 SSUS charges 0.76%. On a $10,000 position that is $18 vs $76 annually, a gap of $58 per year that compounds over a long holding period. On income, FELC currently yields 0.83% against 0.45% for SSUS.
Holdings Overlap
27.5% of FELC's money is in holdings SSUS also owns. 11.9% of SSUS's money is in holdings FELC also owns.
FELC and SSUS share little of their money.
5 positions in common, counted across the 300 positions we hold weights for in FELC and 16 in SSUS, against full books of 590 and 48.
What only one of them owns
Our book lists 11 positions for SSUS that do not appear in our book for FELC (88.0% of the fund), and 212 for FELC that do not appear in SSUS (71.9%).
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.
27.5% of FELC is already inside SSUS.
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 SSUS?
FELC has an expense ratio of 0.18% while SSUS charges 0.76%. FELC is the cheaper option, by $58 a year on a $10,000 investment.
Which performed better, FELC or SSUS?
Over the past year FELC returned +19.54% vs +18.28% for SSUS, 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 SSUS?
SSUS has been the more volatile fund at 12.1% annualized versus 11.7% for FELC. Worst drawdown: FELC -18.6% vs SSUS -17.6%.
Should I hold both FELC and SSUS?
FELC and SSUS have a monthly-return correlation of 0.97, 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 SSUS?
27.5% of FELC's money is in holdings SSUS also owns. 11.9% of SSUS's is in holdings FELC also owns. They hold 5 positions in common, counted across the 300 positions we hold weights for in FELC and 16 in SSUS.
Which pays a higher dividend, FELC or SSUS?
FELC yields 0.83% while SSUS yields 0.45%, so FELC currently pays the higher dividend yield.
Is SSUS 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 0.97. FELC is less concentrated, with 40.1% of the fund in its ten largest positions against 89.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.