FELG vs LRGG
Fidelity Enhanced Large Cap Growth ETF vs Nomura Focused Large Growth ETF
Which is better, FELG or LRGG?
FELG has been ahead.
FELG has a lower expense ratio. FELG led over 1Y and the full window. FELG is less concentrated, with 58.3% of the fund in its ten largest positions against 71.4%.
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 | LRGG |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.44% |
| AUM | $5.8B | $295M |
| Dividend Yield | 0.35% | 0.15% |
| Holdings | 135 | 44 |
| YTD Return | +7.63%Best | +3.29% |
| 1Y Return | +10.39%Best | +3.58% |
| 3Y Return (annualized) | +22.35% | - |
| Volatility (annualized) | 16.0% | 12.4%Best |
| Max Drawdown | -23.9% | -18.9%Best |
| $10,000 over 2.4 years | $14,877Best | $11,970 |
| Top 10 Weight | 58.3%Best | 71.4% |
| Fund Family | Fidelity Investments (US) | Nomura Asset Management Co Ltd |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Nov 20, 2023 | May 14, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 15, 2024 to Oct 14, 2026 (2.4 years).
FELG vs LRGG 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 2.4 years both funds cover.
FELG vs LRGG Performance
Fidelity Enhanced Large Cap Growth ETF (FELG) is an ETF from Fidelity Investments (US) and Nomura Focused Large Growth ETF (LRGG) is an ETF from Nomura Asset Management Co Ltd. Over the past year FELG returned +10.39% while LRGG returned +3.58%. Year to date, FELG is up 7.63% versus a gain of 3.29% for LRGG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FELG has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 12.4% for LRGG. 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 -18.9% for LRGG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FELG charges 0.18% per year while LRGG charges 0.44%. On a $10,000 position that is $18 vs $44 annually, a gap of $26 per year that compounds over a long holding period. On income, FELG currently yields 0.35% against 0.15% for LRGG.
Holdings Overlap
36.8% of FELG's money is in holdings LRGG also owns. 63.1% of LRGG's money is in holdings FELG also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 127 positions we hold weights for in FELG and 21 in LRGG, against full books of 135 and 44.
What only one of them owns
Our book lists 9 positions for LRGG that do not appear in our book for FELG (26.0% of the fund), and 103 for FELG that do not appear in LRGG (62.8%).
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 LRGG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 16.24% | 17.15% | 0.91% |
| AAPLApple, Inc | 8.01% | 6.88% | 1.13% |
| MSFTMicrosoft Corp | 5.00% | 9.02% | 4.02% |
| GOOGAlphabet Inc. C | 2.99% | 10.98% | 7.99% |
| VVisa Inc Class A | 1.27% | 4.60% | 3.33% |
| GEGeneral Electric Co. | 1.31% | 4.04% | 2.73% |
| ISRGIntuitive Surgical Inc. | 0.00% | 4.50% | 4.50% |
| AMZNAmazon.Com Inc | 0.53% | 3.49% | 2.96% |
| MAMastercard Inc | 1.48% | 2.42% | 0.94% |
63.1% of LRGG 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 LRGG?
FELG has an expense ratio of 0.18% while LRGG charges 0.44%. FELG is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, FELG or LRGG?
Over the past year FELG returned +10.39% vs +3.58% for LRGG, so FELG leads on 1-year performance. Over the longest common window we track (2 years), FELG annualized +18.00% vs +7.78% for LRGG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FELG or LRGG?
FELG has been the more volatile fund at 16.0% annualized versus 12.4% for LRGG. Worst drawdown: FELG -23.9% vs LRGG -18.9%.
Should I hold both FELG and LRGG?
FELG and LRGG have a monthly-return correlation of 0.81, 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 FELG and LRGG?
63.1% of LRGG's money is in holdings FELG also owns. 63.1% of LRGG's is in holdings FELG also owns. They hold 9 positions in common, counted across the 127 positions we hold weights for in FELG and 21 in LRGG.
Which pays a higher dividend, FELG or LRGG?
FELG yields 0.35% while LRGG yields 0.15%, so FELG currently pays the higher dividend yield.
Is LRGG better than FELG?
FELG has a lower expense ratio. FELG led over 1Y and the full window. FELG is less concentrated, with 58.3% of the fund in its ten largest positions against 71.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.