FELC vs WLTG
Fidelity Enhanced Large Cap Core ETF vs WealthTrust DBS Long Term Growth ETF
Which is better, FELC or WLTG?
Each has led over a different period.
FELC has a lower expense ratio. FELC led over 1Y, WLTG over 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. FELC is less concentrated, with 40.1% of the fund in its ten largest positions against 46.5%.
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 | WLTG |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.74% |
| AUM | $8.6B | $77M |
| Dividend Yield | 0.83% | 4.08% |
| Holdings | 590 | 87 |
| YTD Return | +15.12%Best | +8.63% |
| 1Y Return | +19.31%Best | +13.38% |
| 3Y Return (annualized) | +22.16% | +22.71%Best |
| Volatility (annualized) | 11.7%Best | 11.9% |
| Max Drawdown | -18.6% | -17.1%Best |
| $10,000 over 2.9 years | $17,869 | $17,924Best |
| Top 10 Weight | 40.1%Best | 46.5% |
| Fund Family | Fidelity Investments (US) | WealthTrust Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2023 | Dec 6, 2021 |
Not shown on this pair: 5Y Return (annualized).
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 15, 2026 (2.9 years).
FELC vs WLTG 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 WLTG Performance
Fidelity Enhanced Large Cap Core ETF (FELC) is an ETF from Fidelity Investments (US) and WealthTrust DBS Long Term Growth ETF (WLTG) is an ETF from WealthTrust Asset Management. Over the past year FELC returned +19.31% while WLTG returned +13.38%. Year to date, FELC is up 15.12% versus a gain of 8.63% for WLTG.
Over three years, FELC compounded at +22.16% per year against +22.71% for WLTG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WLTG has been the more volatile fund, with annualized monthly volatility of 11.9% 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 -17.1% for WLTG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. 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 WLTG charges 0.74%. On a $10,000 position that is $18 vs $74 annually, a gap of $56 per year that compounds over a long holding period. On income, FELC currently yields 0.83% against 4.08% for WLTG.
Holdings Overlap
41.3% of FELC's money is in holdings WLTG also owns. 47.8% of WLTG's money is in holdings FELC also owns.
The two portfolios partly overlap.
21 positions in common, counted across the 300 positions we hold weights for in FELC and 41 in WLTG, against full books of 590 and 87.
What only one of them owns
Our book lists 18 positions for WLTG that do not appear in our book for FELC (46.6% of the fund), and 199 for FELC that do not appear in WLTG (58.1%).
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
| Stock | Weight in FELC | Weight in WLTG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.93% | 4.25% | 4.68% |
| AAPLApple, Inc | 7.73% | 1.67% | 6.06% |
| MSFTMicrosoft Corp | 5.08% | 2.05% | 3.03% |
| AMZNAmazon.Com Inc | 3.83% | 2.93% | 0.90% |
| METAMeta Platforms Inc | 2.38% | 3.87% | 1.49% |
| GOOGLAlphabet Inc | 3.35% | 2.39% | 0.96% |
| LLYEli Lilly & Co. | 1.74% | 3.53% | 1.79% |
| MUMicron Technology, Inc. | 2.04% | 2.78% | 0.74% |
| AVGOBroadcom Inc | 2.80% | 1.91% | 0.89% |
| BKBank Of New York Mellon Corp | 0.59% | 2.91% | 2.32% |
47.8% of WLTG 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 WLTG?
FELC has an expense ratio of 0.18% while WLTG charges 0.74%. FELC is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, FELC or WLTG?
Over the past year FELC returned +19.31% vs +13.38% for WLTG, 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 WLTG?
WLTG has been the more volatile fund at 11.9% annualized versus 11.7% for FELC. Worst drawdown: FELC -18.6% vs WLTG -17.1%.
Should I hold both FELC and WLTG?
FELC and WLTG have a monthly-return correlation of 0.92, 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 WLTG?
47.8% of WLTG's money is in holdings FELC also owns. 47.8% of WLTG's is in holdings FELC also owns. They hold 21 positions in common, counted across the 300 positions we hold weights for in FELC and 41 in WLTG.
Which pays a higher dividend, FELC or WLTG?
FELC yields 0.83% while WLTG yields 4.08%, so WLTG currently pays the higher dividend yield.
Is WLTG better than FELC?
FELC has a lower expense ratio. FELC led over 1Y, WLTG over 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. FELC is less concentrated, with 40.1% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.