FELG vs VYM
Fidelity Enhanced Large Cap Growth ETF vs Vanguard High Dividend Yield ETF
Which is better, FELG or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. FELG led over the full window, VYM over 1Y. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 56.6%.
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 | FELG | VYM |
|---|---|---|
| Expense Ratio | 0.18% | 0.04%Best |
| AUM | $5.5B | $81.6B |
| Dividend Yield | 0.36% | 2.24% |
| Holdings | 149 | 613 |
| YTD Return | +7.16% | +15.29%Best |
| 1Y Return | +14.42% | +22.23%Best |
| 3Y Return (annualized) | - | +18.81% |
| 5Y Return (annualized) | - | +12.14% |
| Volatility (annualized) | 15.8% | 10.2%Best |
| Max Drawdown | -23.9% | -14.5%Best |
| $10,000 over 2.8 years | $17,919Best | $16,907 |
| Top 10 Weight | 56.6% | 25.9%Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Nov 20, 2023 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 20, 2023 to Sep 3, 2026 (2.8 years).
FELG vs VYM 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 2.8 years both funds cover.
FELG vs VYM Performance
Fidelity Enhanced Large Cap Growth ETF (FELG) is an ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FELG returned +14.42% while VYM returned +22.23%. Year to date, FELG is up 7.16% versus a gain of 15.29% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FELG has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 10.2% for VYM. 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 -23.9% for FELG and -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FELG charges 0.18% per year while VYM charges 0.04%. On a $10,000 position that is $18 vs $4 annually, a gap of $14 per year that compounds over a long holding period. On income, FELG currently yields 0.36% against 2.24% for VYM.
Holdings Overlap
12.9% of FELG's money is in holdings VYM also owns. 26.6% of VYM's money is in holdings FELG also owns.
VYM and FELG share little of their money.
34 positions in common, counted across the 142 positions we hold weights for in FELG and 603 in VYM, against full books of 149 and 613.
What only one of them owns
Our book lists 536 positions for VYM that do not appear in our book for FELG (70.9% of the fund), and 95 for FELG that do not appear in VYM (86.5%).
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 FELG | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 5.99% | 7.29% | 1.30% |
| CATCaterpillar, Inc. | 0.97% | 2.01% | 1.04% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.44% | 1.93% | 1.49% |
| BACBank of America Corp.: Financials | 0.55% | 1.56% | 1.01% |
| ABBVAbbvie Inc. | 0.24% | 1.85% | 1.61% |
| UNHUnitedhealth Group Incorporated | 0.45% | 1.56% | 1.11% |
| HDHome Depot Inc/The | 0.26% | 1.46% | 1.20% |
| TXNTexas Instrument Inc | 0.45% | 1.13% | 0.68% |
| ORCLOracle Corp - Common | 0.36% | 1.04% | 0.68% |
| QCOMQualcomm Inc. | 0.45% | 0.81% | 0.36% |
26.6% of VYM is already inside FELG.
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, FELG or VYM?
FELG has an expense ratio of 0.18% while VYM charges 0.04%. VYM is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, FELG or VYM?
Over the past year FELG returned +14.42% vs +22.23% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FELG or VYM?
FELG has been the more volatile fund at 15.8% annualized versus 10.2% for VYM. Worst drawdown: FELG -23.9% vs VYM -14.5%.
Should I hold both FELG and VYM?
FELG and VYM have a monthly-return correlation of 0.45, 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 FELG and VYM?
26.6% of VYM's money is in holdings FELG also owns. 26.6% of VYM's is in holdings FELG also owns. They hold 34 positions in common, counted across the 142 positions we hold weights for in FELG and 603 in VYM.
Which pays a higher dividend, FELG or VYM?
FELG yields 0.36% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than FELG?
VYM has a lower expense ratio. FELG led over the full window, VYM over 1Y. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 56.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.