FELG vs XOVR
Fidelity Enhanced Large Cap Growth ETF vs ERShares Private-Public Crossover ETF
Which is better, FELG or XOVR?
FELG has been ahead.
FELG has a lower expense ratio. FELG led over 1Y, 3Y and the full window.
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 | XOVR |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.81% |
| AUM | $5.8B | $1.5B |
| Dividend Yield | 0.35% | 0.00% |
| Holdings | 135 | 33 |
| YTD Return | +7.63%Best | +6.41% |
| 1Y Return | +10.39%Best | +1.58% |
| 3Y Return (annualized) | +22.35%Best | +22.10% |
| 5Y Return (annualized) | - | +5.66% |
| Volatility (annualized) | 15.6%Best | 22.2% |
| Max Drawdown | -23.9%Best | -25.2% |
| $10,000 over 2.9 years | $17,949Best | $17,465 |
| Fund Family | Fidelity Investments (US) | ERShares |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Nov 20, 2023 | Nov 7, 2017 |
Not shown on this pair: Top 10 Weight.
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 XOVR 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 XOVR Performance
Fidelity Enhanced Large Cap Growth ETF (FELG) is an ETF from Fidelity Investments (US) and ERShares Private-Public Crossover ETF (XOVR) is an ETF from ERShares. Over the past year FELG returned +10.39% while XOVR returned +1.58%. Year to date, FELG is up 7.63% versus a gain of 6.41% for XOVR.
Over three years, FELG compounded at +22.35% per year against +22.10% for XOVR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XOVR has been the more volatile fund, with annualized monthly volatility of 22.2% 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 XOVR. 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 XOVR charges 1.81%. On a $10,000 position that is $18 vs $181 annually, a gap of $163 per year that compounds over a long holding period. On income, FELG currently yields 0.35% against 0.00% for XOVR.
Holdings Overlap
At least 34.5% of FELG's money is in holdings XOVR also owns.
Stated as a floor: for XOVR, our book for it covers 77.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
15 positions in common, counted across the 127 positions we hold weights for in FELG and 30 in XOVR, against full books of 135 and 33.
Top Shared Holdings
| Stock | Weight in FELG | Weight in XOVR | Difference |
|---|---|---|---|
| NVDANvidia Corp | 16.24% | 9.73% | 6.51% |
| GOOGLAlphabet Inc | 7.46% | 5.74% | 1.72% |
| METAMeta Platforms Inc | 3.81% | 4.78% | 0.97% |
| MUMicron Technology, Inc. | 4.02% | 1.70% | 2.32% |
| FTNTFortinet Inc | 0.88% | 3.33% | 2.45% |
| ANETArista Networks Inc Common Stock | 0.45% | 2.97% | 2.52% |
| NTRANatera Inc | 0.18% | 2.95% | 2.77% |
| RDDTReddit Inc-Cl A | 0.07% | 2.77% | 2.70% |
| SPCXSpace Exploration Technologies | 0.20% | 2.44% | 2.24% |
| ROKURoku, Inc | 0.06% | 2.49% | 2.43% |
34.5% of FELG is already inside XOVR.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, FELG or XOVR?
FELG has an expense ratio of 0.18% while XOVR charges 1.81%. FELG is the cheaper option, by $163 a year on a $10,000 investment.
Which performed better, FELG or XOVR?
Over the past year FELG returned +10.39% vs +1.58% for XOVR, 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 XOVR?
XOVR has been the more volatile fund at 22.2% annualized versus 15.6% for FELG. Worst drawdown: FELG -23.9% vs XOVR -25.2%.
Should I hold both FELG and XOVR?
FELG and XOVR 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 XOVR?
At least 34.5% of FELG's money is in holdings XOVR also owns. Our book for XOVR is partial, so the real figure is this or higher. They hold 15 positions in common, counted across the 127 positions we hold weights for in FELG and 30 in XOVR.
Which pays a higher dividend, FELG or XOVR?
FELG yields 0.35% while XOVR yields 0.00%, so FELG currently pays the higher dividend yield.
Is XOVR better than FELG?
FELG has a lower expense ratio. FELG led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.