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ESN vs FELV

Essential 40 Stock ETF vs Fidelity Enhanced Large Cap Value ETF

ESN

Essential 40 Stock ETF

Annual cost

0.70%

Fund size

$249M

FELV

Fidelity Enhanced Large Cap Value ETF

Annual cost

0.18%

Fund size

$2.9B

Key differences

  • FELV costs 0.52% less per year.
  • FELV is significantly larger than ESN — larger funds tend to be more liquid and less likely to close.
  • ESN follows a active selection strategy; FELV uses index tracking.
  • FELV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ESNFELV
Annual cost (TER)0.70%0.18%
Fund size (AUM)$249M$2.9B
Since20142007
Dividend yield0.82%1.58%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+29.5%+31.2%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y9.80%10.82%
Max drawdown-13.59%-16.08%

Similar to ESN and FELV