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APIE vs FENI

ActivePassive International Equity ETF vs Fidelity Enhanced International ETF

APIE

ActivePassive International Equity ETF

Active Passive Funds

Annual cost

0.45%

Fund size

$1.0B

FENI

Fidelity Enhanced International ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$9.1B

Key differences

  • FENI costs 0.17% less per year.
  • FENI is significantly larger than APIE — larger funds tend to be more liquid and less likely to close.
  • APIE covers global markets; FENI covers europe.
  • FENI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

APIEFENI
Annual cost (TER)0.45%0.28%
Fund size (AUM)$1.0B$9.1B
Since20232007
Dividend yield3.51%2.93%
Asset classequityequity
Regionglobaleurope
Strategyactive selectionactive selection
CAGR 1Y+25.1%+29.1%
CAGR 3Y+17.9%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.85N/A
Volatility 1Y16.19%15.63%
Max drawdown-15.94%-14.20%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to APIE and FENI