Which returned more over the last year, FELG or GARP?

In the year to Oct 20, 2026, with distributions reinvested, FELG returned +6.8% and GARP +22.3%.

Which is cheaper, FELG or GARP?

GARP 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 FELG and GARP overlap with the S&P 500?

By their latest filed holdings, 92% of FELG and 94% of GARP by weight is stocks the S&P 500 already holds.

Share on X Download as PDF

Compare their flows Ask IQ about these two funds

FELG vs GARP: Differences, Returns & Fees

FELG and GARP hold 49% of their weight in the same names, and GARP returned +22.3% over the year. Net assets: $5.8bn on Sep 30, 2026 for Fidelity Enhanced Large Cap Growth ETF, and $3.6bn on Oct 20, 2026 for iShares MSCI USA Quality GARP ETF.

Ask IQ about this page

Ask IQ about FELG and GARP

Answers cite the figures on this page.

GARP costs 0.03 points a year less; their one-year returns differ by 15.5 points; FELG is 1.7 times larger.

FELG vs GARP: Differences, Returns & Fees
	FELG	GARP
Expense ratio	0.18%	0.15%
Net assets, as of Sep 30, 2026	$5.8bn	$3.4bn
Total return, 1 year	+6.8%	+22.3%
What it tracks	No index, actively managed	MSCI USA Quality GARP Select Index
Holdings in common	49%
Top ten holdings, share of the fund	54.6%	44.0%
Below its high	5.2%, high on Oct 6, 2026	6.7%, high on Oct 6, 2026

Holdings in common uses holdings dated Jun 30, 2026 and Oct 19, 2026.

+6.8%

FELG total return, 1 year

+22.3%

GARP total return, 1 year

0.18%

FELG expense ratio

0.15%

GARP expense ratio

What they hold in common

By the books each fund has filed, FELG and GARP hold 49% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 19, 2026.

50%

half

49% in common

Positions both hold, largest shared weight first

Holding FELG GARP

APPLE INC 7.57% 5.51%

NVIDIA CORP 13.13% 5.08%

MICROSOFT CORP 5.02% 5.61%

MICRON TECHNOLOGY INC 4.23% 4.43%

META PLATFORMS INC 3.24% 5.29%

ALPHABET INC 6.60% 2.37%

ALPHABET INC 3.35% 2.24%

LAM RESEARCH CORP 2.22% 3.69%

ADVANCED MICRO DEVICES INC 2.48% 1.90%

BROADCOM INC 5.43% 1.64%

AMAZON.COM INC 1.55% 2.17%

VISA INC 1.23% 5.07%

Only in FELG

TESLA INC 3.51%

ELI LILLY and CO 2.52%

AMPHENOL CORPORATION NEW 1.26%

ABBVIE INC 1.08%

SANDISK CORP 1.00%

TRANE TECHNOLOGIES PLC 0.87%

COSTCO WHOLESALE CORP 0.83%

APPLIED MATERIALS INC 0.64%

Only in GARP

APPLIED MATERIAL INC 2.13%

MERCADOLIBRE 2.01%

INTEL CORPORATION 1.75%

ROYAL CARIBBEAN GROUP 1.72%

ELI LILLY 1.70%

AMPHENOL CORP CLASS A 1.28%

AUTODESK 1.10%

DOORDASH CLASS A 0.86%

Check overlap with more funds →

On the same fields

FELG

Fidelity Enhanced Large Cap Growth ETF

GARP

iShares MSCI USA Quality GARP ETF

Where it sits Stock ETF Stock ETF

Issuer Fidelity iShares

What it is Actively managed Tracks the MSCI USA Quality GARP

Total return, 1 year +6.8% +22.3%

Its benchmark over the same days not measured +15.4% (PBUS)

Gap to its benchmark not measured +6.9 pts vs PBUS

Expense ratio 0.18% 0.15%

Already in the S&P 500 91.5% 94.4%

Holdings 142 131

Net assets, FELG as of Sep 30, 2026 and GARP as of Oct 20, 2026 $5.8bn $3.6bn

FELG and GARP on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About FELG

FELG is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +6.8% with distributions reinvested. The prospectus expense ratio is 0.18% a year. By its holdings filed for Jun 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 142 positions, with the top ten at 54.6%. It sat 5.2% below its high of Oct 6, 2026 on Oct 20, 2026.

About GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 20, 2026 it returned +22.3% with distributions reinvested, against +15.4% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 19, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 44.0%. It sat 6.7% below its high of Oct 6, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, FELG or GARP?: In the year to Oct 20, 2026, with distributions reinvested, FELG returned +6.8% and GARP +22.3%.
Which is cheaper, FELG or GARP?: GARP 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 FELG and GARP overlap with the S&P 500?: By their latest filed holdings, 92% of FELG and 94% of GARP by weight is stocks the S&P 500 already holds.

Other comparisons

FELG vs JTEK FELG vs NULG FELG vs QGRW FELG vs PWB GARP vs PABU GARP vs NUGO GARP vs QGRO GARP vs TCHP

FELG on its own →GARP on its own →Hold both: look the portfolio through →Rankings →FELG dividend history →FELG holdings →GARP dividend history →GARP holdings →Standards and sources →

Where these figures came from

FELG filings on SEC EDGAR ↗FELG prospectus with the expense ratio (SEC) ↗Fidelity website ↗GARP filings on SEC EDGAR ↗GARP prospectus with the expense ratio (SEC) ↗iShares page for GARP ↗

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, FELG against GARP, data as of Oct 20, 2026. https://etfiq.com/compare/any/felg-vs-garp

Open data

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