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GVLE vs FELV

Goldman Sachs Value Opportunities ETF vs Fidelity Enhanced Large Cap Value ETF

GVLE

Goldman Sachs Value Opportunities ETF

Annual cost

0.45%

Fund size

$39M

FELV

Fidelity Enhanced Large Cap Value ETF

Annual cost

0.18%

Fund size

$3.0B

Key differences

Both GVLE and FELV are equity ETFs. GVLE charges 0.45% a year and FELV 0.18%. The main difference: GVLE follows a active selection strategy; FELV uses index tracking.

  • GVLE follows a active selection strategy; FELV uses index tracking.
  • FELV costs 0.27% less per year.
  • FELV is much larger than GVLE. Larger funds are usually more liquid and less likely to close.
  • FELV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GVLEFELV
Annual cost (TER)0.45%0.18%
Fund size (AUM)$39M$3.0B
Since20152007
Dividend yield0.94%1.52%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+28.4%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y10.93%
Max drawdown-7.88%-16.08%

Similar to GVLE and FELV