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BELT vs FENI

iShares U.S. Select Equity Active ETF vs Fidelity Enhanced International ETF

BELT

iShares U.S. Select Equity Active ETF

Annual cost

0.75%

Fund size

$10M

FENI

Fidelity Enhanced International ETF

Annual cost

0.28%

Fund size

$9.8B

Key differences

Both BELT and FENI are equity ETFs. BELT charges 0.75% a year and FENI 0.28%. The main difference: BELT covers North America; FENI covers global markets excluding the US.

  • BELT covers North America; FENI covers global markets excluding the US.
  • FENI costs 0.47% less per year.
  • FENI is much larger than BELT. Larger funds are usually more liquid and less likely to close.
  • FENI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BELTFENI
Annual cost (TER)0.75%0.28%
Fund size (AUM)$10M$9.8B
Since20242007
Dividend yield0.00%2.85%
Asset classequityequity
Regionnorth americaglobal ex us
Strategyactive selectionactive selection
CAGR 1Y+18.8%+22.1%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y17.47%15.84%
Max drawdown-23.05%-14.20%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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