BBHL vs FELC
BBH Select Large Cap ETF vs Fidelity Enhanced Large Cap Core ETF
Which is better, BBHL or FELC?
FELC has been ahead.
FELC has a lower expense ratio. FELC led over 1Y. FELC is less concentrated, with 39.4% of the fund in its ten largest positions against 44.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BBHL | FELC |
|---|---|---|
| Expense Ratio | 0.71% | 0.18%Best |
| AUM | $522M | $8.7B |
| Dividend Yield | 0.00% | 0.85% |
| Holdings | 50 | 622 |
| YTD Return | +10.82% | +12.88%Best |
| 1Y Return | +13.43% | +13.52%Best |
| 3Y Return (annualized) | - | +20.75% |
| Volatility (annualized) | 12.2%Best | 13.4% |
| Top 10 Weight | 44.7% | 39.4%Best |
| Fund Family | Brown Brothers Harriman | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 17, 2025 | Nov 20, 2023 |
Not shown on this pair: 5Y Return (annualized), Max Drawdown, $10,000 over the window.
BBHL vs FELC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BBHL vs FELC Performance
BBH Select Large Cap ETF (BBHL) is an ETF from Brown Brothers Harriman and Fidelity Enhanced Large Cap Core ETF (FELC) is an ETF from Fidelity Investments (US). Over the past year BBHL returned +13.43% while FELC returned +13.52%. Year to date, BBHL is up 10.82% versus a gain of 12.88% for FELC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FELC has been the more volatile fund, with annualized monthly volatility of 13.4% compared with 12.2% for BBHL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BBHL charges 0.71% per year while FELC charges 0.18%. On a $10,000 position that is $71 vs $18 annually, a gap of $53 per year that compounds over a long holding period. On income, BBHL currently yields 0.00% against 0.85% for FELC.
Holdings Overlap
77.7% of BBHL's money is in holdings FELC also owns. 45.5% of FELC's money is in holdings BBHL also owns.
Most of BBHL is already inside FELC. Owning both mostly buys the same companies twice.
32 positions in common, counted across the 49 positions we hold weights for in BBHL and 306 in FELC, against full books of 50 and 622.
What only one of them owns
Our book lists 181 positions for FELC that do not appear in our book for BBHL (54.4% of the fund), and 15 for BBHL that do not appear in FELC (16.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BBHL | Weight in FELC | Difference |
|---|---|---|---|
| AAPLApple Inc | 5.91% | 7.92% | 2.01% |
| MSFTMicrosoft Corp | 6.97% | 5.18% | 1.79% |
| NVDANvidia Corp | 2.82% | 8.15% | 5.33% |
| AMZNAmazon.Com Inc | 4.89% | 3.84% | 1.05% |
| GOOGAlphabet Inc. C | 5.25% | 2.09% | 3.16% |
| MAMastercard Inc | 4.50% | 1.09% | 3.41% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 3.57% | 2.02% | 1.55% |
| LLYEli Lilly & Co | 3.31% | 1.93% | 1.38% |
| AVGOBroadcom Inc | 1.57% | 2.62% | 1.05% |
| METAMeta Platforms Inc | 1.52% | 2.34% | 0.82% |
77.7% of BBHL is already inside FELC.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BBHL or FELC?
BBHL has an expense ratio of 0.71% while FELC charges 0.18%. FELC is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, BBHL or FELC?
Over the past year BBHL returned +13.43% vs +13.52% for FELC, so FELC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BBHL or FELC?
FELC has been the more volatile fund at 13.4% annualized versus 12.2% for BBHL.
Should I hold both BBHL and FELC?
BBHL and FELC have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BBHL and FELC?
77.7% of BBHL's money is in holdings FELC also owns. 45.5% of FELC's is in holdings BBHL also owns. They hold 32 positions in common, counted across the 49 positions we hold weights for in BBHL and 306 in FELC.
Which pays a higher dividend, BBHL or FELC?
BBHL yields 0.00% while FELC yields 0.85%, so FELC currently pays the higher dividend yield.
Is FELC better than BBHL?
FELC has a lower expense ratio. FELC led over 1Y. FELC is less concentrated, with 39.4% of the fund in its ten largest positions against 44.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.