FFLV vs VGI
Fidelity Fundamental Large Cap Value ETF vs Virtus Global Multi-Sector Income Fund
Quick Verdict
FFLV has a lower expense ratio. FFLV delivered stronger 1-year returns. VGI offers more diversification with 434 holdings.
Side-by-Side Comparison
| Metric | FFLV | VGI | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 1.74% | |
| AUM | $16M | $88M | |
| Dividend Yield | 1.41% | 11.98% | |
| Holdings | 119 | 646 | |
| YTD Return | +17.97% | +1.47% | |
| 1Y Return | +32.15% | +5.12% | |
| 3Y Return (annualized) | - | +11.60% | |
| 5Y Return (annualized) | - | +2.10% | |
| Volatility (annualized) | 12.3% | 14.2% | |
| Max Drawdown | -16.7% | -63.3% | |
| Fund Family | Fidelity Investments (US) | Virtus Investment Partners | |
| Category | Equity | Fixed Income | |
| Inception | Feb 9, 2024 | Feb 23, 2012 |
FFLV vs VGI Performance
Fidelity Fundamental Large Cap Value ETF (FFLV) is a ETF from Fidelity Investments (US) and Virtus Global Multi-Sector Income Fund (VGI) is a ETF from Virtus Investment Partners. Over the past year FFLV returned +32.15% while VGI returned +5.12%. Year to date, FFLV is up 17.97% versus a gain of 1.47% for VGI.
Risk: Volatility and Drawdowns
VGI has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 12.3% for FFLV. 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 -16.7% for FFLV and -63.3% for VGI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FFLV charges 0.38% per year while VGI charges 1.74%. On a $10,000 position that is $38 vs $174 annually, a gap of $136 per year that compounds over a long holding period. On income, FFLV currently yields 1.41% against 11.98% for VGI.
Holdings Overlap
FFLV and VGI share 0 holdings out of 539 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FFLV or VGI?
FFLV has an expense ratio of 0.38% while VGI charges 1.74%. FFLV is the cheaper option. On a $10,000 investment, that is $136 per year of difference.
Which performed better, FFLV or VGI?
Over the past year FFLV returned +32.15% vs +5.12% for VGI, so FFLV leads on 1-year performance. Over the longest common window we track (2 years), FFLV annualized +17.62% vs -2.38% for VGI. Past performance does not guarantee future results.
Which is riskier, FFLV or VGI?
VGI has been the more volatile fund at 14.2% annualized versus 12.3% for FFLV. Worst drawdown: FFLV -16.7% vs VGI -63.3%.
Should I hold both FFLV and VGI?
FFLV and VGI have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FFLV and VGI?
FFLV and VGI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 539 unique securities.
Which pays a higher dividend, FFLV or VGI?
FFLV yields 1.41% while VGI yields 11.98%, so VGI currently pays the higher dividend yield.
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