FELV vs JAVA
Fidelity Enhanced Large Cap Value ETF vs JPMorgan Active Value ETF
Which is better, FELV or JAVA?
Nearly the same fund. FELV costs less.
FELV has a lower expense ratio. FELV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.97. JAVA is less concentrated, with 29.8% of the fund in its ten largest positions against 30.1%.
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 | JAVA |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.44% |
| AUM | $3.4B | $7.4B |
| Dividend Yield | 1.43% | 1.19% |
| Holdings | 364 | 153 |
| YTD Return | +22.64%Best | +13.15% |
| 1Y Return | +29.22%Best | +20.54% |
| 3Y Return (annualized) | +21.98%Best | +18.31% |
| 5Y Return (annualized) | - | +11.63% |
| Volatility (annualized) | 11.6% | 11.3%Best |
| Max Drawdown | -16.1%Best | -16.5% |
| $10,000 over 2.9 years | $17,793Best | $16,244 |
| Top 10 Weight | 30.1% | 29.8%Best |
| Fund Family | Fidelity Investments (US) | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 20, 2023 | Oct 4, 2021 |
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).
FELV vs JAVA 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.
FELV vs JAVA Performance
Fidelity Enhanced Large Cap Value ETF (FELV) is an ETF from Fidelity Investments (US) and JPMorgan Active Value ETF (JAVA) is an ETF from J.P. Morgan Asset Management. Over the past year FELV returned +29.22% while JAVA returned +20.54%. Year to date, FELV is up 22.64% versus a gain of 13.15% for JAVA.
Over three years, FELV compounded at +21.98% per year against +18.31% for JAVA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FELV has been the more volatile fund, with annualized monthly volatility of 11.6% compared with 11.3% for JAVA. 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 -16.1% for FELV and -16.5% for JAVA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FELV charges 0.18% per year while JAVA 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, FELV currently yields 1.43% against 1.19% for JAVA.
Holdings Overlap
51.7% of FELV's money is in holdings JAVA also owns. 71.8% of JAVA's money is in holdings FELV also owns.
Most of JAVA is already inside FELV. Owning both mostly buys the same companies twice.
83 positions in common, counted across the 389 positions we hold weights for in FELV and 151 in JAVA, against full books of 364 and 153.
What only one of them owns
Our book lists 67 positions for JAVA that do not appear in our book for FELV (27.9% of the fund), and 254 for FELV that do not appear in JAVA (47.1%).
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 JAVA | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 6.20% | 7.63% | 1.43% |
| MSFTMicrosoft Corp_None_0 | 4.67% | 6.29% | 1.62% |
| AAPLApple Inc | 6.50% | 3.41% | 3.09% |
| BACBank Amer Secs Inc | 1.13% | 2.19% | 1.06% |
| WFCWells Fargo And Co Preferred Stock Var | 0.90% | 2.13% | 1.23% |
| ABBVAbbvie Inc. | 0.92% | 1.77% | 0.85% |
| XOMExxon Mobil Corp | 1.91% | 0.65% | 1.26% |
| JNJJohnson & Johnson - Common | 1.29% | 1.26% | 0.03% |
| SCHWSchwab Strategic T | 0.89% | 1.65% | 0.76% |
| CVXChevron Corp | 1.21% | 1.21% | 0.00% |
71.8% of JAVA 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 JAVA?
FELV has an expense ratio of 0.18% while JAVA charges 0.44%. FELV is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, FELV or JAVA?
Over the past year FELV returned +29.22% vs +20.54% for JAVA, so FELV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FELV or JAVA?
FELV has been the more volatile fund at 11.6% annualized versus 11.3% for JAVA. Worst drawdown: FELV -16.1% vs JAVA -16.5%.
Should I hold both FELV and JAVA?
FELV and JAVA have a monthly-return correlation of 0.97, 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 FELV and JAVA?
71.8% of JAVA's money is in holdings FELV also owns. 71.8% of JAVA's is in holdings FELV also owns. They hold 83 positions in common, counted across the 389 positions we hold weights for in FELV and 151 in JAVA.
Which pays a higher dividend, FELV or JAVA?
FELV yields 1.43% while JAVA yields 1.19%, so FELV currently pays the higher dividend yield.
Is JAVA better than FELV?
FELV has a lower expense ratio. FELV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.97. JAVA is less concentrated, with 29.8% of the fund in its ten largest positions against 30.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.