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FORH vs FELV

Formidable ETF vs Fidelity Enhanced Large Cap Value ETF

FORH

Formidable ETF

Formidable Funds

Annual cost

1.19%

Fund size

$20M

FELV

Fidelity Enhanced Large Cap Value ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$2.9B

Key differences

  • FELV costs 1.01% less per year.
  • FELV is significantly larger than FORH — larger funds tend to be more liquid and less likely to close.
  • FORH is classified as alternative, while FELV is equity — different risk/return profiles.
  • FORH follows a option income strategy; FELV uses index tracking.
  • FELV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FORHFELV
Annual cost (TER)1.19%0.18%
Fund size (AUM)$20M$2.9B
Since20212007
Dividend yield1.73%1.58%
Asset classalternativeequity
Regionnorth america
Strategyoption incomeindex tracking
CAGR 1Y+13.1%+29.5%
CAGR 3Y+3.7%N/A
CAGR 5Y+1.7%N/A
Sharpe 3Y0.08N/A
Volatility 1Y15.66%10.81%
Max drawdown-20.73%-16.08%

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

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