FENI vs VXUS
Fidelity Enhanced International ETF vs Vanguard Total International Stock ETF
Which is better, FENI or VXUS?
Nearly the same fund. VXUS costs less.
VXUS has a lower expense ratio. FENI led over the full window, VXUS over 1Y. The two have moved almost in lockstep, correlation 0.95.
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 | VXUS |
|---|---|---|
| Expense Ratio | 0.28% | 0.05%Best |
| AUM | $11.0B | $158.1B |
| Dividend Yield | 2.84% | 2.51% |
| Holdings | 421 | 8,747 |
| YTD Return | +11.69% | +13.03%Best |
| 1Y Return | +18.54% | +20.20%Best |
| 3Y Return (annualized) | - | +19.23% |
| 5Y Return (annualized) | - | +8.73% |
| Volatility (annualized) | 11.5% | 11.1%Best |
| Max Drawdown | -14.2% | -13.6%Best |
| $10,000 over 2.8 years | $17,426Best | $16,751 |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2023 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
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 VXUS 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 VXUS Performance
Fidelity Enhanced International ETF (FENI) is an ETF from Fidelity Investments (US) and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year FENI returned +18.54% while VXUS returned +20.20%. Year to date, FENI is up 11.69% versus a gain of 13.03% for VXUS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FENI has been the more volatile fund, with annualized monthly volatility of 11.5% compared with 11.1% for VXUS. 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 -13.6% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. 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 VXUS charges 0.05%. On a $10,000 position that is $28 vs $5 annually, a gap of $23 per year that compounds over a long holding period. On income, FENI currently yields 2.84% against 2.51% for VXUS.
Holdings Overlap
At least 74.0% of FENI's money is in holdings VXUS also owns.
Stated as a floor: for VXUS, our book for it covers 88.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of FENI is already inside VXUS. Owning both mostly buys the same companies twice.
284 positions in common, counted across the 424 positions we hold weights for in FENI and 8,082 in VXUS, against full books of 421 and 8,747.
Top Shared Holdings
| Stock | Weight in FENI | Weight in VXUS | Difference |
|---|---|---|---|
| ASML:ASAsml Holding Nv | 3.29% | 1.42% | 1.87% |
| ROP:SMRoche Ps Par Ag | 1.62% | 0.69% | 0.93% |
| NESN:SMNestle Sa | 1.57% | 0.58% | 0.99% |
| NOVN:SMNovartis Ag – Class N | 1.32% | 0.65% | 0.67% |
| HSBA:LNHsbc Securities Inc | 1.14% | 0.82% | 0.32% |
| SIE:SGSiemens Ag | 1.38% | 0.54% | 0.84% |
| 8306:JPMitsubishi Ufj Financial Group, Inc. | 1.22% | 0.54% | 0.68% |
| UBSG:SMUbs Group Ag | 1.28% | 0.37% | 0.91% |
| BBVA:MABanco Bilbao Vizcaya Argenta | 1.28% | 0.35% | 0.93% |
| RR:LNRolls-Royce Holdings PLC Ord Gbp0.20 | 1.19% | 0.38% | 0.81% |
74.0% of FENI is already inside VXUS.
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, FENI or VXUS?
FENI has an expense ratio of 0.28% while VXUS charges 0.05%. VXUS is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, FENI or VXUS?
Over the past year FENI returned +18.54% vs +20.20% for VXUS, so VXUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FENI or VXUS?
FENI has been the more volatile fund at 11.5% annualized versus 11.1% for VXUS. Worst drawdown: FENI -14.2% vs VXUS -13.6%.
Should I hold both FENI and VXUS?
FENI and VXUS have a monthly-return correlation of 0.95, 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 VXUS?
At least 74.0% of FENI's money is in holdings VXUS also owns. Our book for VXUS is partial, so the real figure is this or higher. They hold 284 positions in common, counted across the 424 positions we hold weights for in FENI and 8,082 in VXUS.
Which pays a higher dividend, FENI or VXUS?
FENI yields 2.84% while VXUS yields 2.51%, so FENI currently pays the higher dividend yield.
Is VXUS better than FENI?
VXUS has a lower expense ratio. FENI led over the full window, VXUS over 1Y. The two have moved almost in lockstep, correlation 0.95. Which one suits a particular account depends on what it is for. This is information, not a recommendation.