FELG vs IWY: Differences, Returns & Fees

FELG and IWY hold 69% of their weight in the same names, and FELG returned +6.8% over the year. Net assets: $5.8bn on Sep 30, 2026 for Fidelity Enhanced Large Cap Growth ETF, and $15.8bn on Oct 20, 2026 for iShares Russell Top 200 Growth ETF.

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Answers cite the figures on this page.

FELG costs 0.02 points a year less; their one-year returns differ by 2.1 points; IWY is 2.8 times larger.

FELG vs IWY: Differences, Returns & Fees
FELGIWY
Expense ratio0.18%0.20%
Net assets, as of Sep 30, 2026$5.8bn$16.4bn
Total return, 1 year+6.8%+4.7%
What it tracksNo index, actively managedRussell Top 200 Growth Index
Holdings in common69%
Top ten holdings, share of the fund54.6%60.9%
Below its high5.2%, 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
+4.7%
IWY total return, 1 year
0.18%
FELG expense ratio
0.20%
IWY expense ratio

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What they hold in common

By the books each fund has filed, FELG and IWY hold 69% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 19, 2026.

half

69% in common

Positions both hold, largest shared weight first
Holding FELG IWY
NVIDIA CORP 13.13% 15.02%
APPLE INC 7.57% 8.32%
ALPHABET INC 6.60% 6.07%
BROADCOM INC 5.43% 5.08%
MICROSOFT CORP 5.02% 6.34%
MICRON TECHNOLOGY INC 4.23% 3.54%
TESLA INC 3.51% 3.78%
ALPHABET INC 3.35% 4.89%
META PLATFORMS INC 3.24% 4.35%
ADVANCED MICRO DEVICES INC 2.48% 3.10%
MASTERCARD INC 1.78% 1.83%
LAM RESEARCH CORP 2.22% 1.25%
Only in FELG
ELI LILLY and CO 2.52%
AMPHENOL CORPORATION NEW 1.26%
SANDISK CORP 1.00%
COMFORT SYSTEMS USA INC 0.74%
APPLIED MATERIALS INC 0.64%
TJX COMPANIES INC 0.61%
INCYTE CORP 0.57%
SCHWAB CHARLES CORP 0.57%
Only in IWY
ELI LILLY 3.55%
APPLIED MATERIAL INC 1.20%
TEXAS INSTRUMENT 0.92%
SANDISK 0.73%
AMPHENOL CORP CLASS A 0.72%
AMGEN INC 0.60%
BOOKING HOLDINGS 0.46%
MCKESSON CORP 0.41%

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On the same fields

FELG
Fidelity Enhanced Large Cap Growth ETF
IWY
iShares Russell Top 200 Growth ETF
Where it sits Stock ETF Stock ETF
What it is Actively managed Tracks an index
Total return, 1 year +6.8% +4.7%
Its benchmark over the same days not measured +15.0% (IWV)
Gap to its benchmark not measured −10.4 pts vs IWV
Expense ratio 0.18% 0.20%
Already in the S&P 500 91.5% 98.8%
Holdings 142 102
Net assets, FELG as of Sep 30, 2026 and IWY as of Oct 20, 2026 $5.8bn $15.8bn

FELG and IWY 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 IWY

IWY tracks an index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 19, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 60.9%.

Over the year to Oct 20, 2026 it returned +4.7% with distributions reinvested, against +15.0% for its benchmark, the Russell 3000 Index.

Questions people ask

Which returned more over the last year, FELG or IWY?
In the year to Oct 20, 2026, with distributions reinvested, FELG returned +6.8% and IWY +4.7%.
Which is cheaper, FELG or IWY?
FELG is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FELG and IWY overlap with the S&P 500?
By their latest filed holdings, 92% of FELG and 99% of IWY by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

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

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