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FDHY vs FELC

Fidelity Enhanced High Yield ETF vs Fidelity Enhanced Large Cap Core ETF

FDHY

Fidelity Enhanced High Yield ETF

Fidelity Investments

Annual cost

0.35%

Fund size

$497M

FELC

Fidelity Enhanced Large Cap Core ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$7.0B

Key differences

  • FELC costs 0.17% less per year.
  • FELC is significantly larger than FDHY — larger funds tend to be more liquid and less likely to close.
  • FDHY is classified as fixed income, while FELC is equity — different risk/return profiles.
  • FDHY follows a index tracking strategy; FELC uses active selection.
  • FELC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDHYFELC
Annual cost (TER)0.35%0.18%
Fund size (AUM)$497M$7.0B
Since20182007
Dividend yield6.54%0.90%
Asset classfixed incomeequity
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+9.3%+29.4%
CAGR 3Y+8.9%N/A
CAGR 5Y+4.0%N/A
Sharpe 3Y1.01N/A
Volatility 1Y3.76%12.06%
Max drawdown-20.01%-18.59%

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

Similar to FDHY and FELC