FFLC vs WBIG
Fidelity Fundamental Large Cap Core ETF vs WBI BullBear Yield 3000 ETF
Which is better, FFLC or WBIG?
FFLC has been ahead.
FFLC has a lower expense ratio. FFLC led over 1Y, 3Y, 5Y and the full window. WBIG is less concentrated, with 23.9% of the fund in its ten largest positions against 41.9%.
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 | FFLC | WBIG |
|---|---|---|
| Expense Ratio | 0.38%Best | 1.59% |
| AUM | $1.2B | $31M |
| Dividend Yield | 1.01% | 1.17% |
| Holdings | 216 | 159 |
| YTD Return | +9.90% | +12.49%Best |
| 1Y Return | +14.13%Best | +11.17% |
| 3Y Return (annualized) | +22.06%Best | +7.85% |
| 5Y Return (annualized) | +15.97%Best | +1.53% |
| Volatility (annualized) | 15.8% | 12.5%Best |
| Max Drawdown | -19.7%Best | -25.3% |
| $10,000 over 5 years | $20,976Best | $10,789 |
| Top 10 Weight | 41.9% | 23.9%Best |
| Fund Family | Fidelity Investments (US) | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jun 2, 2020 | Aug 25, 2014 |
Volatility and max drawdown are measured over the window both funds cover: Jun 4, 2020 to Oct 14, 2026 (6.4 years).
FFLC vs WBIG 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 6.4 years both funds cover.
FFLC vs WBIG Performance
Fidelity Fundamental Large Cap Core ETF (FFLC) is an ETF from Fidelity Investments (US) and WBI BullBear Yield 3000 ETF (WBIG) is an ETF from WBI Investments. Over the past year FFLC returned +14.13% while WBIG returned +11.17%. Year to date, FFLC is up 9.90% versus a gain of 12.49% for WBIG.
Over three years, FFLC compounded at +22.06% per year against +7.85% for WBIG; over five years the annualized figures are +15.97% and +1.53% respectively. Across the full 6-year window we track, FFLC has the edge at +19.16% annualized vs +3.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FFLC has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 12.5% for WBIG. 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 -19.7% for FFLC and -25.3% for WBIG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FFLC charges 0.38% per year while WBIG charges 1.59%. On a $10,000 position that is $38 vs $159 annually, a gap of $121 per year that compounds over a long holding period. On income, FFLC currently yields 1.01% against 1.17% for WBIG.
Holdings Overlap
4.8% of FFLC's money is in holdings WBIG also owns. 6.6% of WBIG's money is in holdings FFLC also owns.
WBIG and FFLC share little of their money.
5 positions in common, counted across the 108 positions we hold weights for in FFLC and 71 in WBIG, against full books of 216 and 159.
What only one of them owns
Our book lists 62 positions for WBIG that do not appear in our book for FFLC (86.0% of the fund), and 91 for FFLC that do not appear in WBIG (86.9%).
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.
You are not choosing between two funds in isolation.
Whichever of FFLC and WBIG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FFLC or WBIG?
FFLC has an expense ratio of 0.38% while WBIG charges 1.59%. FFLC is the cheaper option, by $121 a year on a $10,000 investment.
Which performed better, FFLC or WBIG?
Over the past year FFLC returned +14.13% vs +11.17% for WBIG, so FFLC leads on 1-year performance. Over the longest common window we track (6 years), FFLC annualized +19.16% vs +3.81% for WBIG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FFLC or WBIG?
FFLC has been the more volatile fund at 15.8% annualized versus 12.5% for WBIG. Worst drawdown: FFLC -19.7% vs WBIG -25.3%.
Should I hold both FFLC and WBIG?
FFLC and WBIG have a monthly-return correlation of 0.77, 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 FFLC and WBIG?
6.6% of WBIG's money is in holdings FFLC also owns. 6.6% of WBIG's is in holdings FFLC also owns. They hold 5 positions in common, counted across the 108 positions we hold weights for in FFLC and 71 in WBIG.
Which pays a higher dividend, FFLC or WBIG?
FFLC yields 1.01% while WBIG yields 1.17%, so WBIG currently pays the higher dividend yield.
Is WBIG better than FFLC?
FFLC has a lower expense ratio. FFLC led over 1Y, 3Y, 5Y and the full window. WBIG is less concentrated, with 23.9% of the fund in its ten largest positions against 41.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.