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LGRO vs FELV

Level Four Large Cap Growth Active ETF vs Fidelity Enhanced Large Cap Value ETF

LGRO

Level Four Large Cap Growth Active ETF

ALPS

Annual cost

0.50%

Fund size

$125M

FELV

Fidelity Enhanced Large Cap Value ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$2.9B

Key differences

  • FELV costs 0.32% less per year.
  • FELV is significantly larger than LGRO — larger funds tend to be 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

LGROFELV
Annual cost (TER)0.50%0.18%
Fund size (AUM)$125M$2.9B
Since20232007
Dividend yield0.35%1.58%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+26.0%+31.2%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y15.40%10.82%
Max drawdown-23.26%-16.08%

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

Similar to LGRO and FELV