FENI vs VTI
Fidelity Enhanced International ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, FENI or VTI?
FENI has been ahead.
VTI has a lower expense ratio. FENI led over 1Y and the full window. FENI is less concentrated, with 15.3% of the fund in its ten largest positions against 33.3%.
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 | FENI | VTI |
|---|---|---|
| Expense Ratio | 0.28% | 0.03%Best |
| AUM | $11.0B | $666.9B |
| Dividend Yield | 2.84% | 1.03% |
| Holdings | 421 | 3,543 |
| YTD Return | +11.69% | +12.08%Best |
| 1Y Return | +18.54%Best | +16.31% |
| 3Y Return (annualized) | - | +20.83% |
| 5Y Return (annualized) | - | +11.89% |
| Volatility (annualized) | 11.5%Best | 12.1% |
| Max Drawdown | -14.2%Best | -19.3% |
| $10,000 over 2.8 years | $17,426Best | $17,215 |
| Top 10 Weight | 15.3%Best | 33.3% |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2023 | May 24, 2001 |
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 14, 2026 (2.8 years).
FENI vs VTI 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.
FENI vs VTI Performance
Fidelity Enhanced International ETF (FENI) is an ETF from Fidelity Investments (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year FENI returned +18.54% while VTI returned +16.31%. Year to date, FENI is up 11.69% versus a gain of 12.08% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 12.1% compared with 11.5% 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 -19.3% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FENI charges 0.28% per year while VTI charges 0.03%. On a $10,000 position that is $28 vs $3 annually, a gap of $25 per year that compounds over a long holding period. On income, FENI currently yields 2.84% against 1.03% for VTI.
Holdings Overlap
We hold position weights for 424 holdings in FENI and 3,463 in VTI, totalling 98.8% and 98.1% 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 424 positions we hold weights for in FENI and 3,463 in VTI, against full books of 421 and 3,543.
What only one of them owns
Our book lists 1,150 positions for VTI that do not appear in our book for FENI (97.5% of the fund), and 9 for FENI that do not appear in VTI (3.0%).
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 FENI and VTI 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, FENI or VTI?
FENI has an expense ratio of 0.28% while VTI charges 0.03%. VTI is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, FENI or VTI?
Over the past year FENI returned +18.54% vs +16.31% for VTI, 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 VTI?
VTI has been the more volatile fund at 12.1% annualized versus 11.5% for FENI. Worst drawdown: FENI -14.2% vs VTI -19.3%.
Should I hold both FENI and VTI?
FENI and VTI have a monthly-return correlation of 0.57, 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, FENI or VTI?
FENI yields 2.84% while VTI yields 1.03%, so FENI currently pays the higher dividend yield.
Is VTI better than FENI?
VTI has a lower expense ratio. FENI led over 1Y and the full window. FENI is less concentrated, with 15.3% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.