FELV vs GVLE
Fidelity Enhanced Large Cap Value ETF vs Goldman Sachs Value Opportunities ETF
Which is better, FELV or GVLE?
FELV has been ahead.
FELV has a lower expense ratio. FELV led over 1Y. FELV is less concentrated, with 30.1% of the fund in its ten largest positions against 49.5%.
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 | FELV | GVLE |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.45% |
| AUM | $3.4B | $40M |
| Dividend Yield | 1.43% | 1.00% |
| Holdings | 364 | 62 |
| YTD Return | +22.64%Best | +17.21% |
| 1Y Return | +29.22%Best | +23.05% |
| 3Y Return (annualized) | +21.98% | - |
| Top 10 Weight | 30.1%Best | 49.5% |
| Fund Family | Fidelity Investments (US) | Goldman Sachs Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 20, 2023 | Jul 31, 2015 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
FELV vs GVLE 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.
FELV vs GVLE Performance
Fidelity Enhanced Large Cap Value ETF (FELV) is an ETF from Fidelity Investments (US) and Goldman Sachs Value Opportunities ETF (GVLE) is an ETF from Goldman Sachs Asset Management. Over the past year FELV returned +29.22% while GVLE returned +23.05%. Year to date, FELV is up 22.64% versus a gain of 17.21% for GVLE.
Past performance does not guarantee future results.
Fees and Cost Over Time
FELV charges 0.18% per year while GVLE charges 0.45%. On a $10,000 position that is $18 vs $45 annually, a gap of $27 per year that compounds over a long holding period. On income, FELV currently yields 1.43% against 1.00% for GVLE.
Holdings Overlap
25.8% of FELV's money is in holdings GVLE also owns. 72.3% of GVLE's money is in holdings FELV also owns.
Most of GVLE is already inside FELV. Owning both mostly buys the same companies twice.
20 positions in common, counted across the 389 positions we hold weights for in FELV and 32 in GVLE, against full books of 364 and 62.
What only one of them owns
Our book lists 11 positions for GVLE that do not appear in our book for FELV (23.4% of the fund), and 312 for FELV that do not appear in GVLE (73.0%).
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 FELV | Weight in GVLE | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 6.20% | 7.82% | 1.62% |
| MSFTMicrosoft Corp | 4.67% | 9.29% | 4.62% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 3.04% | 3.99% | 0.95% |
| JPMJpmorgan Chase | 2.62% | 4.40% | 1.78% |
| MRKMerck & Company Inc | 0.97% | 4.77% | 3.80% |
| TMOThermo Fisherscientific Inc. | 0.50% | 4.14% | 3.64% |
| COPConocophillips Common Stock USD 0.01 | 0.49% | 3.98% | 3.49% |
| JNJJohnson & Johnson - Common | 1.29% | 3.00% | 1.71% |
| PGProcter & Gamble Company | 0.99% | 3.29% | 2.30% |
| WMTWalmart, Inc. | 0.84% | 3.40% | 2.56% |
72.3% of GVLE is already inside FELV.
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, FELV or GVLE?
FELV has an expense ratio of 0.18% while GVLE charges 0.45%. FELV is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, FELV or GVLE?
Over the past year FELV returned +29.22% vs +23.05% for GVLE, so FELV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between FELV and GVLE?
72.3% of GVLE's money is in holdings FELV also owns. 72.3% of GVLE's is in holdings FELV also owns. They hold 20 positions in common, counted across the 389 positions we hold weights for in FELV and 32 in GVLE.
Which pays a higher dividend, FELV or GVLE?
FELV yields 1.43% while GVLE yields 1.00%, so FELV currently pays the higher dividend yield.
Is GVLE better than FELV?
FELV has a lower expense ratio. FELV led over 1Y. FELV is less concentrated, with 30.1% of the fund in its ten largest positions against 49.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.