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BELT vs FDRS

iShares U.S. Select Equity Active ETF vs Founder-Led ETF

BELT

iShares U.S. Select Equity Active ETF

Annual cost

0.75%

Fund size

$10M

FDRS

Founder-Led ETF

Annual cost

0.49%

Fund size

$94M

Key differences

Both BELT and FDRS are equity ETFs. BELT charges 0.75% a year and FDRS 0.49%. The main difference: BELT follows a index enhanced strategy; FDRS uses index tracking.

  • BELT follows a index enhanced strategy; FDRS uses index tracking.
  • FDRS costs 0.26% less per year.
  • FDRS is much larger than BELT. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

BELTFDRS
Annual cost (TER)0.75%0.49%
Fund size (AUM)$10M$94M
Since20242025
Dividend yield0.00%
Asset classequityequity
Regionnorth americanorth america
Strategyindex enhancedindex tracking
CAGR 1Y+21.6%N/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y17.37%
Max drawdown-23.05%-21.64%

Similar to BELT and FDRS