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Data as of Nov 4, 2026.

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APIE vs FENI: Differences, Returns & Fees

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Over the year to Nov 4, 2026, APIE returned +11.9% to FENI's +18.2%; 31% of their weight is in the same names.

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Net assets: $1.2bn on Aug 31, 2026 for ActivePassive International Equity ETF, and $11.5bn on Sep 30, 2026 for Fidelity Enhanced International ETF.

APIE on its own →FENI on its own →
At a glance
+11.9%
APIE total return, 1 year
+18.2%
FENI total return, 1 year
0.45%
APIE expense ratio
0.28%
FENI expense ratio

Pair scorecard

FENI costs 0.17 points a year less; their one-year returns differ by 6.3 points.

APIE vs FENI: Differences, Returns & Fees
MeasureAPIEFENI
Return
Total return, 1 year+11.9%+18.2%
Drawdown
Below its high4.1%, high on Aug 10, 20263.4%, high on Aug 13, 2026
Benchmark
What it tracksNo index, actively managedNo index, actively managed
Cost and size
Expense ratio0.45%0.28%
Net assets, APIE as of Aug 31, 2026 and FENI as of Sep 30, 2026$1.2bn$11.5bn
Holdings
Holdings in common31%
Top ten holdings, share of the fund23.4%16.5%

Method

What they share

31%

By the books each fund has filed, APIE and FENI hold 31% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

0 half 100%

half

31% in common

Positions both hold · largest shared weight first APIE FENI
ASML Holding NV 1.75% 4.05%
Siemens AG 0.95% 1.61%
Rolls-Royce Holdings PLC 0.83% 1.07%
AstraZeneca PLC 1.01% 0.81%
Mitsubishi UFJ Financial Group 0.69% 0.73%
Deutsche Telekom AG 0.69% 0.87%
Nestle SA 0.66% 1.74%
Banco Santander SA 0.61% 0.88%
BNP Paribas SA 0.61% 0.85%
ING Groep NV 0.58% 0.65%
Recruit Holdings Co Ltd 0.72% 0.54%
ABB Ltd 0.51% 1.32%
Only in one fund ↓
Only in APIE
TSMC 11.50%
Tencent Holdings Ltd 2.46%
Alibaba Group Holding Ltd 1.51%
LVMH Moet Hennessy Louis Vuitt 0.72%
China Construction Bank Corp 0.65%
RELX PLC 0.59%
Diageo PLC 0.58%
Kering SA 0.57%
Only in FENI
ROCHE HOLDING AG 1.39%
HSBC HOLDINGS PLC 1.31%
BANCO BILBAO VIZCAYA ARGENTARIA S.A 1.20%
BHP GROUP LTD 1.19%
SHELL PLC 0.99%
NOVARTIS AG 0.92%
NATWEST GROUP PLC 0.71%
INVESTOR AB 0.68%
Check overlap with more funds →

Side by side

APIE ActivePassive International Equity ETF FENI Fidelity Enhanced International ETF
Where it sits Stock ETF Stock ETF
Issuer Envestnet Fidelity
What it is Actively managed Actively managed
Total return, 1 year +11.9% +18.2%
Its benchmark over the same days not measured +16.9% (EFA)
Gap to its benchmark not measured +1.3 pts vs EFA
Expense ratio 0.45% 0.28%
Already in the S&P 500 0.7% 0.0%
Holdings 547 386
Net assets, APIE as of Aug 31, 2026 and FENI as of Sep 30, 2026 $1.2bn $11.5bn

APIE and FENI on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

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About each fund
APIE

APIE is actively managed and tracks no index. Over the year to Nov 4, 2026 it returned +11.9% with distributions reinvested. The prospectus expense ratio is 0.45% a year. By its holdings filed for Aug 31, 2026, 1% of the fund by weight is stocks the S&P 500 also holds, across 547 positions, with the top ten at 23.4%. It sat 4.1% below its high of Aug 10, 2026 on Nov 4, 2026.

FENI

FENI is actively managed and tracks no index. Over the year to Nov 4, 2026 it returned +18.2% with distributions reinvested, against +16.9% for its benchmark, the MSCI EAFE Index. 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 386 positions, with the top ten at 16.5%. It sat 3.4% below its high of Aug 13, 2026 on Nov 4, 2026.

Questions people ask

Which returned more over the last year, APIE or FENI?
In the year to Nov 4, 2026, with distributions reinvested, APIE returned +11.9% and FENI +18.2%.
Which is cheaper, APIE or FENI?
FENI is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do APIE and FENI overlap with the S&P 500?
By their latest filed holdings, 1% of APIE and 0% of FENI by weight is stocks the S&P 500 already holds.
Other comparisons
APIE vs EFAAPIE vs VXUSAPIE vs IEFAAPIE vs VEAFENI vs IQDFDFSI vs FENIFENI vs SEIEFENI vs MFSI
Where to next
APIE on its own →FENI on its own →Hold both: look the portfolio through →Rankings →APIE dividend history →APIE holdings →FENI dividend history →FENI holdings →Standards and sources →
Sources and dates
APIE filings on SEC EDGAR ↗
APIE prospectus with the expense ratio (SEC) ↗
Envestnet website ↗
FENI filings on SEC EDGAR ↗
FENI prospectus with the expense ratio (SEC) ↗
Fidelity website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, APIE against FENI, data as of Nov 4, 2026. https://etfiq.com/compare/any/apie-vs-feni

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.