Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FENI vs GARP: how they differ
FENI and GARP hold 0% of their weight in the same names, and GARP returned more over the year.
Fidelity Enhanced International ETF and iShares MSCI USA Quality GARP ETF.
What they hold in common
By the books each fund has filed, FENI and GARP hold 0% of their money in the same securities at the same weight.
| Only in FENI | Only in GARP |
|---|---|
| ASML HOLDING NV 4.11% | KLA CORP 6.46% |
| NESTLE SA 1.77% | MICRON TECHNOLOGY INC 6.07% |
| SIEMENS AG 1.63% | APPLE INC 4.44% |
| TOKYO ELECTRON LTD 1.46% | NVIDIA CORP 4.16% |
| ABB LTD 1.34% | MICROSOFT CORP 4.10% |
| HSBC HOLDINGS PLC 1.33% | BROADCOM INC 3.96% |
| IBERDROLA SA 1.23% | LAM RESEARCH CORP 3.79% |
| BANCO BILBAO VIZCAYA ARGENTARIA S.A 1.22% | ELI LILLY & COMPANY 3.73% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.
| FENI Fidelity Enhanced International ETF | GARP iShares MSCI USA Quality GARP ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Fidelity | iShares |
| What it is | Enhanced International | MSCI USA Quality GARP |
| Total return, 1 year | +19.4% | +29.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.9 pts | +12.0 pts |
| Expense ratio | 0.28% | 0.15% |
| Already in the S&P 500 | 0.0% | 94.4% |
| Holdings | 392 | 131 |
FENI in plain words
FENI is an index equity fund tracking the Enhanced International. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 392 positions, with the top ten at 16.7%.
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
Questions people ask
- Which returned more over the last year, FENI or GARP?
- In the year to Sep 12, 2026, with distributions reinvested, FENI returned +19.4% and GARP returned +29.5%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FENI or GARP?
- FENI charges 0.28% a year and GARP charges 0.15%, so GARP is cheaper. Fees come from each fund's prospectus.
- How much do FENI and GARP overlap with the S&P 500?
- By their latest filed holdings, 0% of FENI and 94% of GARP by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FENI against GARP, data as of Sep 12, 2026. https://etfiq.com/compare/any/FENI-GARP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources