A
vs
B
Share
Ask IQ about these two funds

FENI vs ILOW: Differences, Returns & Fees

FENI and ILOW hold 22% of their weight in the same names, and FENI returned +15.4% over the year. Net assets: $11.5bn on Sep 30, 2026 for Fidelity Enhanced International ETF, and $1.8bn on Oct 8, 2026 for AB International Low Volatility Equity ETF.

FENI costs 0.22 points a year less; their one-year returns differ by 6.4 points.

FENIILOW
Expense ratio0.28%0.50%
Net assets, FENI as of Sep 30, 2026 and ILOW as of Oct 8, 2026$11.5bn$1.8bn
Total return, 1 year+15.4%+9.0%
What it tracksNo index, actively managedNo index, actively managed
Holdings in common22%
Top ten holdings, share of the fund16.5%20.7%
Below its high5.0%, high on Aug 13, 20264.9%, high on Aug 25, 2026

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

+15.4%
FENI total return, 1 year
+9.0%
ILOW total return, 1 year
0.28%
FENI expense ratio
0.50%
ILOW expense ratio

What they hold in common

By the books each fund has filed, FENI and ILOW hold 22% 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 May 31, 2026 and Jun 30, 2026.

half

22% in common

Positions both hold, largest shared weight first
Holding FENI ILOW
ASML HOLDING NV 4.05% 2.87%
ROCHE HOLDING AG 1.39% 1.78%
ABB LTD 1.32% 1.77%
SONY GROUP CORP 1.03% 1.33%
SHELL PLC 0.99% 1.33%
NOVARTIS AG 0.92% 1.95%
ASTRAZENECA PLC 0.81% 1.67%
HITACHI LTD 0.79% 1.34%
AIA GROUP LTD 0.77% 1.00%
MITSUBISHI UFJ FINANCIAL GROUP INC 0.73% 1.51%
NATWEST GROUP PLC 0.71% 1.24%
DANONE SA 0.68% 0.90%
Only in FENI
NESTLE SA 1.74%
SIEMENS AG 1.61%
TOKYO ELECTRON LTD 1.44%
HSBC HOLDINGS PLC 1.31%
IBERDROLA SA 1.21%
BANCO BILBAO VIZCAYA ARGENTARIA S.A 1.20%
UBS GROUP AG 1.20%
BHP GROUP LTD 1.19%
Only in ILOW
Taiwan Semiconductor Manufacturing Co Ltd 2.50%
AIB Group PLC 1.79%
Enel SpA 1.71%
Tryg A/S 1.66%
Euronext NV 1.63%
Toronto-Dominion Bank/The 1.57%
BAWAG Group AG 1.44%
Open House Group Co Ltd 1.35%

Check overlap with more funds →

On the same fields

FENI
Fidelity Enhanced International ETF
ILOW
AB International Low Volatility Equity ETF
Where it sits Stock ETF Stock ETF
Issuer Fidelity AllianceBernstein
What it is Actively managed Actively managed
Total return, 1 year +15.4% +9.0%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 −1.8 pts −8.2 pts
Expense ratio 0.28% 0.50%
Already in the S&P 500 0.0% 0.6%
Holdings 386 84
Net assets, FENI as of Sep 30, 2026 and ILOW as of Oct 8, 2026 $11.5bn $1.8bn

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

FENI in plain words

FENI is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +15.4% with distributions reinvested, against +17.3% for the S&P 500. 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 5.0% below its high of Aug 13, 2026 on Oct 9, 2026.

ILOW in plain words

ILOW is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +9.0% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.50% a year. By its holdings filed for May 31, 2026, 1% of the fund by weight is stocks the S&P 500 also holds, across 84 positions, with the top ten at 20.7%. It sat 4.9% below its high of Aug 25, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, FENI or ILOW?
In the year to Oct 9, 2026, with distributions reinvested, FENI returned +15.4% and ILOW +9.0%.
Which is cheaper, FENI or ILOW?
FENI is cheaper, by 0.22 percentage points a year. That is about $22 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FENI and ILOW overlap with the S&P 500?
By their latest filed holdings, 0% of FENI and 1% of ILOW by weight is stocks the S&P 500 already holds.
Other comparisons
FENI vs MFSIFENI vs IMFLFENI vs IQLTFENI vs IEFAHEFA vs ILOWILOW vs VSGXBBIN vs ILOWIDMO vs ILOW
FENI on its own →ILOW on its own →Hold both: look the portfolio through →Rankings →Standards and sources →
Where these figures came from
FENI filings on SEC EDGAR ↗FENI prospectus with the expense ratio (SEC) ↗Fidelity website ↗ILOW filings on SEC EDGAR ↗ILOW 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, FENI against ILOW, data as of Oct 9, 2026. https://etfiq.com/compare/any/feni-vs-ilow

Open data

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