FELC vs TOAO
Fidelity Enhanced Large Cap Core ETF vs Twin Oak Active Opportunities III ETF
Which is better, FELC or TOAO?
FELC costs less.
FELC has a lower expense ratio.
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 | TOAO |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.95% |
| AUM | $8.6B | $452M |
| Dividend Yield | 0.83% | 0.00% |
| Holdings | 590 | 49 |
| YTD Return | +14.93%Best | +8.07% |
| 1Y Return | +19.54% | - |
| 3Y Return (annualized) | +22.11% | - |
| Fund Family | Fidelity Investments (US) | Twin Oak |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2023 | Apr 24, 2026 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
FELC vs TOAO 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FELC vs TOAO Performance
Fidelity Enhanced Large Cap Core ETF (FELC) is an ETF from Fidelity Investments (US) and Twin Oak Active Opportunities III ETF (TOAO) is an ETF from Twin Oak. Year to date, FELC is up 14.93% versus a gain of 8.07% for TOAO.
Past performance does not guarantee future results.
Fees and Cost Over Time
FELC charges 0.18% per year while TOAO charges 0.95%. On a $10,000 position that is $18 vs $95 annually, a gap of $77 per year that compounds over a long holding period. On income, FELC currently yields 0.83% against 0.00% for TOAO.
Holdings Overlap
At least 31.1% of FELC's money is in holdings TOAO also owns.
Only one direction is shown: for TOAO, our book for it lists positions totalling 109.2% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
The two portfolios partly overlap.
16 positions in common, counted across the 300 positions we hold weights for in FELC and 28 in TOAO, against full books of 590 and 49.
Top Shared Holdings
| Stock | Weight in FELC | Weight in TOAO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.93% | 6.55% | 2.38% |
| AMZNAmazon.Com Inc | 3.83% | 7.15% | 3.32% |
| MSFTMicrosoft Corp | 5.08% | 5.66% | 0.58% |
| CRWDCrowdstrike Holdings Inc | 0.39% | 9.88% | 9.49% |
| AVGOBroadcom Inc | 2.80% | 5.72% | 2.92% |
| GOOGAlphabet Inc. C | 2.12% | 4.80% | 2.68% |
| METAMeta Platforms Inc | 2.38% | 4.26% | 1.88% |
| AMDAdvanced Micro Devices Inc | 0.99% | 5.39% | 4.40% |
| SCHWSchwab Strategic T | 0.72% | 3.50% | 2.78% |
| GEVGe Vernova, Inc. | 0.74% | 3.13% | 2.39% |
31.1% of FELC is already inside TOAO.
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 TOAO?
FELC has an expense ratio of 0.18% while TOAO charges 0.95%. FELC is the cheaper option, by $77 a year on a $10,000 investment.
What is the holdings overlap between FELC and TOAO?
At least 31.1% of FELC's money is in holdings TOAO also owns. Our book for TOAO is partial, so the real figure is this or higher. They hold 16 positions in common, counted across the 300 positions we hold weights for in FELC and 28 in TOAO.
Which pays a higher dividend, FELC or TOAO?
FELC yields 0.83% while TOAO yields 0.00%, so FELC currently pays the higher dividend yield.
Is TOAO better than FELC?
FELC has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.