Data as of Nov 4, 2026.

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FDLO vs GSLC: Differences, Returns & Fees

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Over the year to Nov 4, 2026, FDLO returned +18.3% to GSLC's +13.3%; 43% of their weight is in the same names.

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Net assets: $1.4bn on Sep 30, 2026 for Fidelity Low Volatility Factor ETF, and $15.3bn on Nov 3, 2026 for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF.

At a glance
+18.3%
FDLO total return, 1 year
+13.3%
GSLC total return, 1 year
0.15%
FDLO expense ratio
0.09%
GSLC expense ratio

Pair scorecard

GSLC costs 0.06 points a year less; their one-year returns differ by 5.0 points.

FDLO vs GSLC: Differences, Returns & Fees
MeasureFDLOGSLC
Return
Total return, 1 year+18.3%+13.3%
Benchmark
What it tracksFidelity U.S. Low Volatility Factor IndexGoldman Sachs ActiveBeta U.S. Large Cap Equity Index
Cost and size
Expense ratio0.15%0.09%
Net assets, FDLO as of Sep 30, 2026 and GSLC as of Nov 3, 2026$1.4bn$15.3bn
Holdings
Holdings in common43%
Top ten holdings, share of the fund38.5%35.2%

Method

Risk and return

Sep 23, 2016 to Oct 30, 2026 · 527 weekly returns
FDLO GSLC
Return
Total return edge GSLC +243.4% +282.8%
Annualized edge GSLC (slight) +12.9% +14.2%
Price return edge GSLC +194.0% +230.4%
Risk
Volatility edge FDLO 15.1% 17.0%
Max drawdown edge Tie −31.7% −31.8%
Risk-adjusted
Sharpe edge Tie 0.72 0.72
Sortino edge GSLC (slight) 1.01 1.04
Calmar edge GSLC (slight) 0.41 0.45
Reading

From Sep 2016 to Oct 2026, GSLC returned more: +282.8% to +243.4%. FDLO swung less: 15.1% to 17.0%. FDLO and GSLC fell about the same at their worst: −31.7% and −31.8%.

Full scorecard

9 measures, with how each is measured
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Risk and return: FDLO vs GSLC: Differences, Returns & Fees
MeasureFDLOGSLCEdgeHow it is measured
Return
Total return+243.4%+282.8%GSLCPrice change plus distributions, reinvested.
Annualized+12.9%+14.2%GSLC (slight)Total return as a yearly rate.
Price return+194.0%+230.4%GSLCPrice change alone, distributions left out.
Risk
Volatility15.1%17.0%FDLOSpread of weekly returns, annualized. Lower is steadier.
Downside deviation10.7%11.8%FDLO (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−31.7%−31.8%TieDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.720.72TieReturn above Treasury bills per unit of volatility.
Sortino1.011.04GSLC (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.410.45GSLC (slight)Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 527 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

43%

By the books each fund has filed, FDLO and GSLC hold 43% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

0 half 100%

half

43% in common

Positions both hold · largest shared weight first FDLO GSLC
APPLE INC 7.98% 6.96%
MICROSOFT CORP 6.33% 5.32%
AMAZON.COM INC 4.48% 3.52%
ALPHABET INC 6.20% 2.87%
BROADCOM INC 4.08% 2.32%
JPMORGAN CHASE and CO 1.87% 1.26%
ELI LILLY and CO 1.80% 1.22%
BERKSHIRE HATHAWAY INC DEL 1.81% 0.89%
JOHNSON and JOHNSON 1.39% 0.85%
VISA INC 1.37% 0.78%
WALMART INC 0.89% 0.72%
MASTERCARD INC 1.12% 0.68%
Only in one fund ↓
Only in FDLO
AMDOCS LIMITED 0.82%
PAYCHEX INC 0.51%
GALLAGHER (ARTHUR J.) and CO 0.50%
TRANSDIGM GROUP INC 0.48%
FTI CONSULTING INC 0.35%
HUNTINGTON INGALLS INDUSTRIES INC 0.32%
TRACTOR SUPPLY CO 0.28%
AIR PRODUCTS and CHEMICALS INC 0.25%
Only in GSLC
NVIDIA CORP 8.02%
META PLATFORMS INC 1.86%
ALPHABET INC 1.79%
MICRON TECHNOLOGY INC 1.24%
TESLA INC 1.03%
ADVANCED MICRO DEVICES INC 0.69%
LAM RESEARCH CORP 0.67%
ATLASSIAN CORP 0.56%
Check overlap with more funds →

Side by side

FDLO Fidelity Low Volatility Factor ETF GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index
Total return, 1 year +18.3% +13.3%
Its benchmark over the same days not measured +14.8% (VOO)
Gap to its benchmark not measured −1.5 pts vs VOO
Expense ratio 0.15% 0.09%
Already in the S&P 500 96.3% 93.7%
Holdings 123 426
Net assets, FDLO as of Sep 30, 2026 and GSLC as of Nov 3, 2026 $1.4bn $15.3bn

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

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About each fund
FDLO

FDLO tracks an index. Over the year to Nov 4, 2026 it returned +18.3% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 123 positions, with the top ten at 38.5%.

GSLC

GSLC tracks an index. Over the year to Nov 4, 2026 it returned +13.3% with distributions reinvested, against +14.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.09% a year. By its holdings filed for Aug 31, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 426 positions, with the top ten at 35.2%.

Questions people ask

Which returned more over the last year, FDLO or GSLC?
In the year to Nov 4, 2026, with distributions reinvested, FDLO returned +18.3% and GSLC +13.3%.
Which is cheaper, FDLO or GSLC?
GSLC is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FDLO and GSLC overlap with the S&P 500?
By their latest filed holdings, 96% of FDLO and 94% of GSLC by weight is stocks the S&P 500 already holds.
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ETFIQ, FDLO against GSLC, data as of Nov 4, 2026. https://etfiq.com/compare/any/fdlo-vs-gslc

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