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FENI vs APIE

Fidelity Enhanced International ETF vs ActivePassive International Equity ETF

FENI

Fidelity Enhanced International ETF

Annual cost

0.28%

Fund size

$9.1B

APIE

ActivePassive International Equity ETF

Annual cost

0.45%

Fund size

$1.0B

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.
  • FENI covers europe markets; APIE covers global.
  • FENI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FENIAPIE
Annual cost (TER)0.28%0.45%
Fund size (AUM)$9.1B$1.0B
Since20072023
Dividend yield2.93%3.51%
Asset classequityequity
Regioneuropeglobal
Strategyactive selectionactive selection
CAGR 1Y+29.1%+25.1%
CAGR 3YN/A+17.9%
CAGR 5YN/AN/A
Sharpe 3YN/A0.85
Volatility 1Y15.63%16.19%
Max drawdown-14.20%-15.94%

Similar to FENI and APIE