Data as of Oct 28, 2026.
FENI vs XLU: Differences, Returns & Fees
Over the year to Oct 28, 2026, FENI returned +14.2% to XLU's −3.0%; 0% of their weight is in the same names.
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Net assets: $11.5bn on Sep 30, 2026 for Fidelity Enhanced International ETF, and $23.9bn on Oct 27, 2026 for State Street Utilities Select Sector SPDR ETF.
Pair scorecard
XLU costs 0.20 points a year less; their one-year returns differ by 17.2 points; XLU is 1.9 times larger.
| Measure | FENI | XLU |
|---|---|---|
| Return | ||
| Total return, 1 year | +14.2% | −3.0% |
| Drawdown | ||
| Below its high | 4.7%, high on Aug 13, 2026 | 9.1%, high on Feb 27, 2026 |
| Benchmark | ||
| What it tracks | No index, actively managed | Utilities Select Sector Index |
| Cost and size | ||
| Expense ratio | 0.28% | 0.08% |
| Net assets, as of Sep 30, 2026 | $11.5bn | $21.3bn |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 16.5% | 58.7% |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method
Risk and return
Dec 1, 2023 to Oct 23, 2026 · 151 weekly returnsFENI returned more: +68.2% to +46.5%. FENI swung slightly less: 14.5% to 15.1%. FENI fell less at its worst: −11.2% to −15.5%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | FENI | XLU | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +68.2% | +46.5% | FENI | Price change plus distributions, reinvested. |
| Annualized | +19.6% | +14.0% | FENI | Total return as a yearly rate. |
| Price return | +54.7% | +34.0% | FENI | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 14.5% | 15.1% | FENI (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.2% | 10.1% | Tie | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −11.2% | −15.5% | FENI | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 1.01 | 0.66 | FENI | Return above Treasury bills per unit of volatility. |
| Sortino | 1.43 | 0.97 | FENI | Return above Treasury bills per unit of downside deviation. |
| Calmar | 1.75 | 0.91 | FENI | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 151 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, FENI and XLU hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
FENI and XLU on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
No client brief for this pair: the two funds' holdings are dated 119 days apart.
FENI
FENI is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +14.2% with distributions reinvested, against +12.1% for its benchmark, the MSCI EAFE Index. 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 4.7% below its high of Aug 13, 2026 on Oct 28, 2026.
XLU
XLU tracks an index of Utilities. Over the year to Oct 28, 2026 it returned −3.0% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 32 positions, with the top ten at 58.7%. It sat 9.1% below its high of Feb 27, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, FENI or XLU?
- In the year to Oct 28, 2026, with distributions reinvested, FENI returned +14.2% and XLU −3.0%.
- Which is cheaper, FENI or XLU?
- XLU is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. 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.
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ETFIQ, FENI against XLU, data as of Oct 28, 2026. https://etfiq.com/compare/any/feni-vs-xlu
ETFIQ. (Oct 28, 2026). FENI against XLU. Retrieved from https://etfiq.com/compare/any/feni-vs-xlu
[FENI against XLU (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/feni-vs-xlu)
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