FELG vs HFGO
Fidelity Enhanced Large Cap Growth ETF vs Hartford Large Cap Growth ETF
Which is better, FELG or HFGO?
Nearly the same fund. FELG costs less.
FELG has a lower expense ratio. FELG led over 1Y, HFGO over 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. FELG is less concentrated, with 58.3% of the fund in its ten largest positions against 61.2%.
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 | FELG | HFGO |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.59% |
| AUM | $5.8B | $186M |
| Dividend Yield | 0.35% | 0.00% |
| Holdings | 135 | 48 |
| YTD Return | +7.63% | +8.71%Best |
| 1Y Return | +10.39%Best | +10.28% |
| 3Y Return (annualized) | +22.35% | +25.71%Best |
| 5Y Return (annualized) | - | +8.72% |
| Volatility (annualized) | 15.6%Best | 18.1% |
| Max Drawdown | -23.9%Best | -25.2% |
| $10,000 over 2.9 years | $17,949 | $18,512Best |
| Top 10 Weight | 58.3%Best | 61.2% |
| Fund Family | Fidelity Investments (US) | Hartford Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Nov 20, 2023 | Nov 9, 2021 |
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).
FELG vs HFGO 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.
FELG vs HFGO Performance
Fidelity Enhanced Large Cap Growth ETF (FELG) is an ETF from Fidelity Investments (US) and Hartford Large Cap Growth ETF (HFGO) is an ETF from Hartford Funds. Over the past year FELG returned +10.39% while HFGO returned +10.28%. Year to date, FELG is up 7.63% versus a gain of 8.71% for HFGO.
Over three years, FELG compounded at +22.35% per year against +25.71% for HFGO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HFGO has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 15.6% for FELG. 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 -23.9% for FELG and -25.2% for HFGO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FELG charges 0.18% per year while HFGO charges 0.59%. On a $10,000 position that is $18 vs $59 annually, a gap of $41 per year that compounds over a long holding period. On income, FELG currently yields 0.35% against 0.00% for HFGO.
Holdings Overlap
63.1% of FELG's money is in holdings HFGO also owns. 76.3% of HFGO's money is in holdings FELG also owns.
Most of HFGO is already inside FELG. Owning both mostly buys the same companies twice.
27 positions in common, counted across the 127 positions we hold weights for in FELG and 46 in HFGO, against full books of 135 and 48.
What only one of them owns
Our book lists 13 positions for HFGO that do not appear in our book for FELG (15.6% of the fund), and 84 for FELG that do not appear in HFGO (36.5%).
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 FELG | Weight in HFGO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 16.24% | 16.55% | 0.31% |
| GOOGLAlphabet Inc | 7.46% | 9.88% | 2.42% |
| AAPLApple, Inc | 8.01% | 4.81% | 3.20% |
| AVGOBroadcom Inc | 5.05% | 5.41% | 0.36% |
| MSFTMicrosoft Corp | 5.00% | 5.33% | 0.33% |
| METAMeta Platforms Inc | 3.81% | 4.54% | 0.73% |
| LLYEli Lilly & Co. | 3.11% | 3.82% | 0.71% |
| AMZNAmazon.Com Inc | 0.53% | 4.50% | 3.97% |
| TSLATesla Inc | 2.63% | 1.54% | 1.09% |
| GOOGAlphabet Inc. C | 2.99% | 1.01% | 1.98% |
76.3% of HFGO is already inside FELG.
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, FELG or HFGO?
FELG has an expense ratio of 0.18% while HFGO charges 0.59%. FELG is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, FELG or HFGO?
Over the past year FELG returned +10.39% vs +10.28% for HFGO, so FELG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FELG or HFGO?
HFGO has been the more volatile fund at 18.1% annualized versus 15.6% for FELG. Worst drawdown: FELG -23.9% vs HFGO -25.2%.
Should I hold both FELG and HFGO?
FELG and HFGO have a monthly-return correlation of 0.98, 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 FELG and HFGO?
76.3% of HFGO's money is in holdings FELG also owns. 76.3% of HFGO's is in holdings FELG also owns. They hold 27 positions in common, counted across the 127 positions we hold weights for in FELG and 46 in HFGO.
Which pays a higher dividend, FELG or HFGO?
FELG yields 0.35% while HFGO yields 0.00%, so FELG currently pays the higher dividend yield.
Is HFGO better than FELG?
FELG has a lower expense ratio. FELG led over 1Y, HFGO over 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. FELG is less concentrated, with 58.3% of the fund in its ten largest positions against 61.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.