EQTY vs FDAT
Kovitz Core Equity ETF vs Tactical Advantage ETF
Which is better, EQTY or FDAT?
EQTY has been ahead.
EQTY has a lower expense ratio. EQTY led over 1Y, 3Y and the full window. EQTY is less concentrated, with 42.9% of the fund in its ten largest positions against 87.3%.
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 | EQTY | FDAT |
|---|---|---|
| Expense Ratio | 0.99%Best | 1.16% |
| AUM | $1.4B | $35M |
| Dividend Yield | 0.02% | 6.01% |
| Holdings | 77 | 27 |
| YTD Return | +11.74%Best | +2.85% |
| 1Y Return | +16.31%Best | +3.20% |
| 3Y Return (annualized) | +18.65%Best | +10.09% |
| Volatility (annualized) | 12.5% | 8.5%Best |
| Max Drawdown | -17.3% | -8.2%Best |
| $10,000 over 3.6 years | $17,680Best | $13,052 |
| Top 10 Weight | 42.9%Best | 87.3% |
| Fund Family | Kovitz Investment Group | Tactical Advantage |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 28, 2011 | Apr 11, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Apr 20, 2023 to Nov 9, 2026 (3.6 years).
EQTY vs FDAT 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 covers the 3.6 years both funds cover.
EQTY vs FDAT Performance
Kovitz Core Equity ETF (EQTY) is an ETF from Kovitz Investment Group and Tactical Advantage ETF (FDAT) is an ETF from Tactical Advantage. Over the past year EQTY returned +16.31% while FDAT returned +3.20%. Year to date, EQTY is up 11.74% versus a gain of 2.85% for FDAT.
Over three years, EQTY compounded at +18.65% per year against +10.09% for FDAT. Across the full 4-year window we track, EQTY has the edge at +17.15% annualized vs +7.68%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EQTY has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 8.5% for FDAT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -17.3% for EQTY and -8.2% for FDAT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EQTY charges 0.99% per year while FDAT charges 1.16%. On a $10,000 position that is $99 vs $116 annually, a gap of $17 per year that compounds over a long holding period. On income, EQTY currently yields 0.02% against 6.01% for FDAT.
Holdings Overlap
We hold position weights for 37 holdings in EQTY and 15 in FDAT, totalling 96.5% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 37 positions we hold weights for in EQTY and 15 in FDAT, against full books of 77 and 27.
What only one of them owns
Our book lists 14 positions for FDAT that do not appear in our book for EQTY (99.9% of the fund), and 36 for EQTY that do not appear in FDAT (93.3%).
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.
You are not choosing between two funds in isolation.
Whichever of EQTY and FDAT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EQTY or FDAT?
EQTY has an expense ratio of 0.99% while FDAT charges 1.16%. EQTY is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, EQTY or FDAT?
Over the past year EQTY returned +16.31% vs +3.20% for FDAT, so EQTY leads on 1-year performance. Over the longest common window we track (4 years), EQTY annualized +17.15% vs +7.68% for FDAT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EQTY or FDAT?
EQTY has been the more volatile fund at 12.5% annualized versus 8.5% for FDAT. Worst drawdown: EQTY -17.3% vs FDAT -8.2%.
Should I hold both EQTY and FDAT?
EQTY and FDAT have a monthly-return correlation of 0.73, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EQTY or FDAT?
EQTY yields 0.02% while FDAT yields 6.01%, so FDAT currently pays the higher dividend yield.
Is FDAT better than EQTY?
EQTY has a lower expense ratio. EQTY led over 1Y, 3Y and the full window. EQTY is less concentrated, with 42.9% of the fund in its ten largest positions against 87.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.