FELG vs TCHP
Fidelity Enhanced Large Cap Growth ETF vs T. Rowe Price Blue Chip Growth ETF
Which is better, FELG or TCHP?
Nearly the same fund. FELG costs less.
FELG has a lower expense ratio. FELG led over 1Y, 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 59.3%.
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 | FELG | TCHP |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.57% |
| AUM | $5.8B | $2.2B |
| Dividend Yield | 0.35% | 0.00% |
| Holdings | 135 | 65 |
| YTD Return | +7.63%Best | +2.74% |
| 1Y Return | +10.39%Best | +5.10% |
| 3Y Return (annualized) | +22.35%Best | +21.81% |
| 5Y Return (annualized) | - | +9.18% |
| Volatility (annualized) | 15.6%Best | 16.0% |
| Max Drawdown | -23.9% | -22.9%Best |
| $10,000 over 2.9 years | $17,949Best | $17,005 |
| Top 10 Weight | 58.3%Best | 59.3% |
| Fund Family | Fidelity Investments (US) | T.Rowe Price |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Nov 20, 2023 | Aug 4, 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).
FELG vs TCHP 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 TCHP Performance
Fidelity Enhanced Large Cap Growth ETF (FELG) is an ETF from Fidelity Investments (US) and T. Rowe Price Blue Chip Growth ETF (TCHP) is an ETF from T.Rowe Price. Over the past year FELG returned +10.39% while TCHP returned +5.10%. Year to date, FELG is up 7.63% versus a gain of 2.74% for TCHP.
Over three years, FELG compounded at +22.35% per year against +21.81% for TCHP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TCHP has been the more volatile fund, with annualized monthly volatility of 16.0% 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 -22.9% for TCHP. 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 TCHP charges 0.57%. On a $10,000 position that is $18 vs $57 annually, a gap of $39 per year that compounds over a long holding period. On income, FELG currently yields 0.35% against 0.00% for TCHP.
Holdings Overlap
76.4% of FELG's money is in holdings TCHP also owns. 82.5% of TCHP's money is in holdings FELG also owns.
Most of TCHP is already inside FELG. Owning both mostly buys the same companies twice.
35 positions in common, counted across the 127 positions we hold weights for in FELG and 62 in TCHP, against full books of 135 and 65.
What only one of them owns
Our book lists 23 positions for TCHP that do not appear in our book for FELG (13.6% of the fund), and 79 for FELG that do not appear in TCHP (23.2%).
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 TCHP | Difference |
|---|---|---|---|
| NVDANvidia Corp | 16.24% | 17.43% | 1.19% |
| GOOGLAlphabet Inc | 7.46% | 5.50% | 1.96% |
| AAPLApple, Inc | 8.01% | 4.94% | 3.07% |
| MSFTMicrosoft Corp | 5.00% | 5.92% | 0.92% |
| AVGOBroadcom Inc | 5.05% | 5.79% | 0.74% |
| GOOGAlphabet Inc. C | 2.99% | 5.94% | 2.95% |
| METAMeta Platforms Inc | 3.81% | 3.53% | 0.28% |
| LLYEli Lilly & Co. | 3.11% | 3.05% | 0.06% |
| MUMicron Technology, Inc. | 4.02% | 1.33% | 2.69% |
| AMDAdvanced Micro Devices Inc | 2.42% | 2.92% | 0.50% |
82.5% of TCHP 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 TCHP?
FELG has an expense ratio of 0.18% while TCHP charges 0.57%. FELG is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, FELG or TCHP?
Over the past year FELG returned +10.39% vs +5.10% for TCHP, 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 TCHP?
TCHP has been the more volatile fund at 16.0% annualized versus 15.6% for FELG. Worst drawdown: FELG -23.9% vs TCHP -22.9%.
Should I hold both FELG and TCHP?
FELG and TCHP 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 TCHP?
82.5% of TCHP's money is in holdings FELG also owns. 82.5% of TCHP's is in holdings FELG also owns. They hold 35 positions in common, counted across the 127 positions we hold weights for in FELG and 62 in TCHP.
Which pays a higher dividend, FELG or TCHP?
FELG yields 0.35% while TCHP yields 0.00%, so FELG currently pays the higher dividend yield.
Is TCHP better than FELG?
FELG has a lower expense ratio. FELG led over 1Y, 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 59.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.