FELG vs TFGZ
Fidelity Enhanced Large Cap Growth ETF vs Thornburg Focus Growth Fund ETF
Which is better, FELG or TFGZ?
TFGZ has been ahead.
FELG has a lower expense ratio. TFGZ led over 1Y. TFGZ is less concentrated, with 49.4% of the fund in its ten largest positions against 58.3%.
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 | TFGZ |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.79% |
| AUM | $5.8B | $12M |
| Dividend Yield | 0.35% | 0.00% |
| Holdings | 135 | 43 |
| YTD Return | +7.63% | +16.33%Best |
| 1Y Return | +10.39% | - |
| 3Y Return (annualized) | +22.35% | - |
| Top 10 Weight | 58.3% | 49.4%Best |
| Fund Family | Fidelity Investments (US) | Thornburg Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Nov 20, 2023 | Apr 1, 2026 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
FELG vs TFGZ 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.
FELG vs TFGZ Performance
Fidelity Enhanced Large Cap Growth ETF (FELG) is an ETF from Fidelity Investments (US) and Thornburg Focus Growth Fund ETF (TFGZ) is an ETF from Thornburg Investment Management. Year to date, FELG is up 7.63% versus a gain of 16.33% for TFGZ.
Past performance does not guarantee future results.
Fees and Cost Over Time
FELG charges 0.18% per year while TFGZ charges 0.79%. On a $10,000 position that is $18 vs $79 annually, a gap of $61 per year that compounds over a long holding period. On income, FELG currently yields 0.35% against 0.00% for TFGZ.
Holdings Overlap
28.6% of FELG's money is in holdings TFGZ also owns. 51.8% of TFGZ's money is in holdings FELG also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 127 positions we hold weights for in FELG and 42 in TFGZ, against full books of 135 and 43.
What only one of them owns
Our book lists 21 positions for TFGZ that do not appear in our book for FELG (34.1% of the fund), and 100 for FELG that do not appear in TFGZ (71.2%).
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 TFGZ | Difference |
|---|---|---|---|
| GOOGLAlphabet Inc | 7.46% | 12.16% | 4.70% |
| MSFTMicrosoft Corp | 5.00% | 7.18% | 2.18% |
| AVGOBroadcom Inc | 5.05% | 6.00% | 0.95% |
| METAMeta Platforms Inc | 3.81% | 3.77% | 0.04% |
| MUMicron Technology, Inc. | 4.02% | 3.40% | 0.62% |
| MAMastercard Inc | 1.48% | 3.34% | 1.86% |
| LRCXLam Research Corp | 0.83% | 3.30% | 2.47% |
| VRTVertiv Holdings Co | 0.25% | 2.62% | 2.37% |
| DDOGDatadog Inc | 0.36% | 2.20% | 1.84% |
| HEI.AHeico Corp. Cl. A | 0.00% | 2.46% | 2.46% |
51.8% of TFGZ 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 TFGZ?
FELG has an expense ratio of 0.18% while TFGZ charges 0.79%. FELG is the cheaper option, by $61 a year on a $10,000 investment.
What is the holdings overlap between FELG and TFGZ?
51.8% of TFGZ's money is in holdings FELG also owns. 51.8% of TFGZ's is in holdings FELG also owns. They hold 14 positions in common, counted across the 127 positions we hold weights for in FELG and 42 in TFGZ.
Which pays a higher dividend, FELG or TFGZ?
FELG yields 0.35% while TFGZ yields 0.00%, so FELG currently pays the higher dividend yield.
Is TFGZ better than FELG?
FELG has a lower expense ratio. TFGZ led over 1Y. TFGZ is less concentrated, with 49.4% of the fund in its ten largest positions against 58.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.