FENI vs NTSI
Fidelity Enhanced International ETF vs WisdomTree International Efficient Core Fund
Which is better, FENI or NTSI?
Nearly the same fund. NTSI costs less.
NTSI has a lower expense ratio. FENI led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. FENI is less concentrated, with 15.8% of the fund in its ten largest positions against 21.5%.
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 | FENI | NTSI |
|---|---|---|
| Expense Ratio | 0.28% | 0.26%Best |
| AUM | $11.5B | $476M |
| Dividend Yield | 3.05% | 3.14% |
| Holdings | 883 | 466 |
| YTD Return | +9.73%Best | +4.28% |
| 1Y Return | +16.39%Best | +9.28% |
| 3Y Return (annualized) | +20.50%Best | +16.10% |
| 5Y Return (annualized) | - | +5.34% |
| Volatility (annualized) | 11.6%Best | 12.1% |
| Max Drawdown | -14.2% | -13.2%Best |
| $10,000 over 2.9 years | $17,066Best | $14,881 |
| Top 10 Weight | 15.8%Best | 21.5% |
| Fund Family | Fidelity Investments (US) | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2023 | May 20, 2021 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 20, 2023 to Oct 14, 2026 (2.9 years).
FENI vs NTSI 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 2.9 years both funds cover.
FENI vs NTSI Performance
Fidelity Enhanced International ETF (FENI) is an ETF from Fidelity Investments (US) and WisdomTree International Efficient Core Fund (NTSI) is an ETF from WisdomTree Investments. Over the past year FENI returned +16.39% while NTSI returned +9.28%. Year to date, FENI is up 9.73% versus a gain of 4.28% for NTSI.
Over three years, FENI compounded at +20.50% per year against +16.10% for NTSI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NTSI has been the more volatile fund, with annualized monthly volatility of 12.1% compared with 11.6% for FENI. 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 -14.2% for FENI and -13.2% for NTSI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FENI charges 0.28% per year while NTSI charges 0.26%. On a $10,000 position that is $28 vs $26 annually, a gap of $2 per year that compounds over a long holding period. On income, FENI currently yields 3.05% against 3.14% for NTSI.
Holdings Overlap
59.6% of FENI's money is in holdings NTSI also owns. 58.3% of NTSI's money is in holdings FENI also owns.
The two portfolios partly overlap.
187 positions in common, counted across the 423 positions we hold weights for in FENI and 443 in NTSI, against full books of 883 and 466.
Top Shared Holdings
| Stock | Weight in FENI | Weight in NTSI | Difference |
|---|---|---|---|
| ASML:ASASML HOLDING NV | 3.58% | 3.48% | 0.10% |
| HSBA:LNHsbc Holdings Plc | 1.07% | 1.72% | 0.65% |
| NESN:SMNestle Sa | 1.52% | 1.10% | 0.42% |
| NOVN:SMNovartis Ag – Class N | 1.28% | 1.33% | 0.05% |
| SIE:SGSiemens N Ag | 1.51% | 1.08% | 0.43% |
| SHELShell Plc | 0.93% | 1.62% | 0.69% |
| 6857:JPAdvantest Corp | 1.43% | 0.97% | 0.46% |
| 8035:JPTokyo Electron Ltd | 1.38% | 0.87% | 0.51% |
| BBVA:MABanco Bilbao Vizcaya Argentaria S.A. Reg Shs | 1.19% | 0.76% | 0.43% |
| 6501:JPHitachi Ltd | 1.11% | 0.82% | 0.29% |
59.6% of FENI is already inside NTSI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, FENI or NTSI?
FENI has an expense ratio of 0.28% while NTSI charges 0.26%. NTSI is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, FENI or NTSI?
Over the past year FENI returned +16.39% vs +9.28% for NTSI, so FENI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FENI or NTSI?
NTSI has been the more volatile fund at 12.1% annualized versus 11.6% for FENI. Worst drawdown: FENI -14.2% vs NTSI -13.2%.
Should I hold both FENI and NTSI?
FENI and NTSI have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between FENI and NTSI?
59.6% of FENI's money is in holdings NTSI also owns. 58.3% of NTSI's is in holdings FENI also owns. They hold 187 positions in common, counted across the 423 positions we hold weights for in FENI and 443 in NTSI.
Which pays a higher dividend, FENI or NTSI?
FENI yields 3.05% while NTSI yields 3.14%, so NTSI currently pays the higher dividend yield.
Is NTSI better than FENI?
NTSI has a lower expense ratio. FENI led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. FENI is less concentrated, with 15.8% of the fund in its ten largest positions against 21.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.