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SPDF vs FELV

Defender Risk Adaptive 500 ETF vs Fidelity Enhanced Large Cap Value ETF

SPDF

Defender Risk Adaptive 500 ETF

Tamarisk Capital Management LLC

Annual cost

0.69%

Fund size

$5M

FELV

Fidelity Enhanced Large Cap Value ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$2.9B

Key differences

  • FELV costs 0.51% less per year.
  • FELV is significantly larger than SPDF — larger funds tend to be more liquid and less likely to close.
  • SPDF follows a active selection strategy; FELV uses index tracking.
  • FELV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SPDFFELV
Annual cost (TER)0.69%0.18%
Fund size (AUM)$5M$2.9B
Since20262007
Dividend yield1.58%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+29.5%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y10.81%
Max drawdown-1.90%-16.08%

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

Similar to SPDF and FELV