Skip to content
Beacon
Screener

OVLH vs FELC

Overlay Shares Hedged Large Cap Equity ETF vs Fidelity Enhanced Large Cap Core ETF

OVLH

Overlay Shares Hedged Large Cap Equity ETF

Overlay Shares

Annual cost

0.80%

Fund size

$102M

FELC

Fidelity Enhanced Large Cap Core ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$7.0B

Key differences

  • FELC costs 0.62% less per year.
  • FELC is significantly larger than OVLH — larger funds tend to be more liquid and less likely to close.
  • OVLH is classified as alternative, while FELC is equity — different risk/return profiles.
  • OVLH follows a volatility strategy strategy; FELC uses active selection.
  • FELC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

OVLHFELC
Annual cost (TER)0.80%0.18%
Fund size (AUM)$102M$7.0B
Since20212007
Dividend yield0.29%0.90%
Asset classalternativeequity
Regionnorth americanorth america
Strategyvolatility strategyactive selection
CAGR 1Y+19.1%+29.4%
CAGR 3Y+17.4%N/A
CAGR 5Y+9.9%N/A
Sharpe 3Y1.35N/A
Volatility 1Y8.52%12.06%
Max drawdown-20.69%-18.59%

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

Similar to OVLH and FELC