Screener
FESM vs OVL
Fidelity Enhanced Small Cap Core ETF vs Overlay Shares Large Cap Equity ETF
Key differences
- FESM costs 0.51% less per year.
- FESM is significantly larger than OVL — larger funds tend to be more liquid and less likely to close.
- FESM is classified as equity, while OVL is alternative — different risk/return profiles.
- FESM follows a index enhanced strategy; OVL uses option income.
- FESM has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FESM | OVL | |
|---|---|---|
| Annual cost (TER) | 0.28% | 0.79% |
| Fund size (AUM) | $5.0B | $221M |
| Since | 2007 | 2019 |
| Dividend yield | 0.55% | 5.55% |
| Asset class | equity | alternative |
| Region | north america | north america |
| Strategy | index enhanced | option income |
| CAGR 1Y | +52.9% | +34.7% |
| CAGR 3Y | N/A | +25.2% |
| CAGR 5Y | N/A | +14.5% |
| Sharpe 3Y | N/A | 1.12 |
| Volatility 1Y | 19.05% | 14.12% |
| Max drawdown | -26.93% | -35.49% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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