A
vs
B
Share
Compare their flowsAsk IQ about these two funds

FDVV vs FELV: Differences, Returns & Fees

FDVV and FELV hold 27% of their weight in the same names, and FELV returned +28.5% over the year. Net assets on Sep 30, 2026: $10.2bn for Fidelity High Dividend ETF and $3.4bn for Fidelity Enhanced Large Cap Value ETF.

FDVV costs 0.03 points a year less; their one-year returns differ by 14.4 points; FDVV is 3.0 times larger.

FDVV vs FELV: Differences, Returns & Fees
FDVVFELV
Expense ratio0.15%0.18%
Net assets, as of Sep 30, 2026$10.2bn$3.4bn
Total return, 1 year+14.1%+28.5%
What it tracksFidelity High Dividend IndexNo index, actively managed
Holdings in common27%
Top ten holdings, share of the fund33.8%26.2%
Below its high3.6%, high on Aug 13, 2026

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026.

+14.1%
FDVV total return, 1 year
+28.5%
FELV total return, 1 year
0.15%
FDVV expense ratio
0.18%
FELV expense ratio

What they hold in common

By the books each fund has filed, FDVV and FELV hold 27% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Jul 31, 2026.

half

27% in common

Positions both hold, largest shared weight first
Holding FDVV FELV
APPLE INC 6.18% 4.66%
MICROSOFT CORP 4.88% 3.39%
JPMORGAN CHASE and CO 2.76% 2.62%
WELLS FARGO and CO 1.52% 0.97%
BANK OF AMERICA CORPORATION 1.96% 0.86%
PHILIP MORRIS INTERNATIONAL INC 1.80% 0.86%
PROCTER and GAMBLE CO 1.69% 0.78%
GOLDMAN SACHS GROUP INC (THE) 1.80% 0.77%
US BANCORP DEL 1.42% 0.64%
PEPSICO INC 1.37% 0.62%
MCDONALDS CORP 1.36% 0.59%
ALPHABET INC 1.95% 0.56%
Only in FDVV
NVIDIA CORP 6.57%
DELL TECHNOLOGIES INC 2.66%
BANCA MONTE DEI PASCHI DI SIENA SPA 1.50%
PRUDENTIAL FINL INC 1.50%
VAIL RESORTS INC 1.43%
BANCO BPM SPA 1.41%
DANSKE BANK A/S 1.29%
OLD REPUBLIC INTL CORP 1.29%
Only in FELV
AMAZON.COM INC 5.15%
BERKSHIRE HATHAWAY INC DEL 3.08%
EXXON MOBIL CORP 1.80%
INTEL CORP 1.77%
CISCO SYSTEMS INC 1.23%
WALMART INC 1.01%
CHEVRON CORP NEW 0.98%
SCHWAB CHARLES CORP 0.91%

Check overlap with more funds →

On the same fields

FDVV
Fidelity High Dividend ETF
FELV
Fidelity Enhanced Large Cap Value ETF
Where it sits Stock ETF Stock ETF
Issuer Fidelity Fidelity
What it is Tracks an index of High Dividend Actively managed
Total return, 1 year +14.1% +28.5%
Expense ratio 0.15% 0.18%
Already in the S&P 500 87.4% 87.5%
Holdings 95 351
Net assets, as of Sep 30, 2026 $10.2bn $3.4bn

FDVV and FELV on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About FDVV

FDVV tracks an index of High Dividend. Over the year to Oct 9, 2026 it returned +14.1% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 95 positions, with the top ten at 33.8%. It sat 3.6% below its high of Aug 13, 2026 on Oct 9, 2026.

About FELV

FELV is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +28.5% with distributions reinvested. The prospectus expense ratio is 0.18% a year. By its holdings filed for Jun 30, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 351 positions, with the top ten at 26.2%.

Questions people ask

Which returned more over the last year, FDVV or FELV?
In the year to Oct 9, 2026, with distributions reinvested, FDVV returned +14.1% and FELV +28.5%.
Which is cheaper, FDVV or FELV?
FDVV is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FDVV and FELV overlap with the S&P 500?
By their latest filed holdings, 87% of FDVV and 88% of FELV by weight is stocks the S&P 500 already holds.
Other comparisons
FDVV vs IWXFDVV vs SPHDFDVV vs NULVFDVV vs PWVFELV vs RWLFELV vs PRFFELV vs VLUEFELV vs MGV
FDVV on its own →FELV on its own →Hold both: look the portfolio through →Rankings →Standards and sources →
Where these figures came from
FDVV and FELV filings on SEC EDGAR ↗FDVV prospectus with the expense ratio (SEC) ↗Fidelity website ↗FELV prospectus with the expense ratio (SEC) ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, FDVV against FELV, data as of Oct 9, 2026. https://etfiq.com/compare/any/fdvv-vs-felv

Open data

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