FEAC vs WDE

Comparison between FIDELITY ENHANCED U.S. ALL-CAP EQUITY ETF (FEAC, ETF) and PRINCIPAL SECURITIZED DEBT ETF (WDE, ETF).

FEAC vs WDE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FEAC(ETF)	WDE(ETF)
Net Assets	$20M	$20M
Expense Ratio	0.18%	0.19%
Max Drawdown	19.30%	0.39%
Sharpe Ratio	1.57	3.79
5Y Beta	0.98	0.12
P/E Ratio	29.33	N/A
Forward P/E	19.52	N/A
5Y EPS CAGR	29.64%	N/A
Debt to Equity	41.58%	N/A
P/S Ratio	2.90	N/A
P/B Ratio	4.90	N/A

Net Assets

Winner

FEAC

$20M

WDE

$20M

Expense Ratio

Winner

FEAC

0.18%

WDE

0.19%

Max Drawdown

FEAC

19.30%

Winner

WDE

0.39%

Sharpe Ratio

FEAC

1.57

Winner

WDE

3.79

5Y Beta

FEAC

0.98

Winner

WDE

0.12

P/E Ratio

FEAC

29.33

WDE

N/A

Forward P/E

FEAC

19.52

WDE

N/A

5Y EPS CAGR

FEAC

29.64%

WDE

N/A

Debt to Equity

FEAC

41.58%

WDE

N/A

P/S Ratio

FEAC

2.90

WDE

N/A

P/B Ratio

FEAC

4.90

WDE

N/A

FEAC vs WDE - Holdings Comparison

FEAC and WDE have 0 common holdings. Overlap is 0.00%

FEAC's top 25 holdings weight is 50.26%. WDE's top 25 holdings weight is 100.00%.

Rank	FEAC	WDE
#1	NVIDIA CORP (NVDA) - 7.69%	STATE STREET INSTL US GOVT MMKT PREMIER (GVMXX) - 100.00%
#2	APPLE INC (AAPL) - 5.45%	N/A
#3	BROADCOM INC (AVGO) - 3.74%	N/A
#4	MICROSOFT CORP (MSFT) - 3.70%	N/A
#5	ALPHABET INC CLASS A (GOOGL) - 2.79%	N/A
#6	AMAZON.COM INC (AMZN) - 2.67%	N/A
#7	MICRON TECHNOLOGY INC (MU) - 2.48%	N/A
#8	FIDELITY CASH CENTRAL FUND (n/a) - 2.07%	N/A
#9	ALPHABET INC CLASS C (GOOG) - 1.73%	N/A
#10	ELI LILLY AND CO (LLY) - 1.70%	N/A
#11	CISCO SYSTEMS INC (CSCO) - 1.41%	N/A
#12	LAM RESEARCH CORP (LRCX) - 1.35%	N/A
#13	MARVELL TECHNOLOGY INC (MRVL) - 1.35%	N/A
#14	EXXON MOBIL CORP (XOM) - 1.32%	N/A
#15	META PLATFORMS INC CLASS A (META) - 1.19%	N/A
#16	ABBVIE INC (ABBV) - 1.13%	N/A
#17	GE AEROSPACE (GE) - 1.06%	N/A
#18	AMPHENOL CORP CLASS A (APH) - 1.04%	N/A
#19	WALMART INC (WMT) - 1.02%	N/A
#20	LINDE PLC (LIN) - 0.95%	N/A
#21	TESLA INC (TSLA) - 0.94%	N/A
#22	EATON CORP PLC (ETN) - 0.92%	N/A
#23	ANALOG DEVICES INC (ADI) - 0.90%	N/A
#24	NETFLIX INC (NFLX) - 0.85%	N/A
#25	UBER TECHNOLOGIES INC (UBER) - 0.81%	N/A
Total Holdings	448	1

FEAC vs WDE - Historical Returns

Returns include dividend reinvestment.

Period	FEAC	WDE
1 month	+1.39%	N/A
3 months	+12.59%	N/A
6 months	+10.60%	N/A
1 year	+26.01%	N/A
Max(CAGR)	+17.04%	+13.34%

FEAC

+1.39%

WDE

N/A

FEAC

+12.59%

WDE

N/A

FEAC

+10.60%

WDE

N/A

FEAC

+26.01%

WDE

N/A

Max(CAGR)

Winner

FEAC

+17.04%

WDE

+13.34%

FEAC vs WDE - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	FEAC	WDE
2026	+9.93%	+0.76%
2025	+18.11%	N/A
2024	-1.69%	N/A

FEAC vs WDE Drawdown Comparison

The maximum drawdown for FEAC was -18.96%, occurring on Apr 8, 2025. Recovery took 137 trading sessions.

The maximum drawdown for WDE was -0.39%, occurring on Jun 8, 2026. Recovery took 9 trading sessions.

The current FEAC drawdown is -2.59%.

Rank	FEAC	WDE
#1	-18.96% Dec 5, 2024 - Jun 26, 2025	-0.39% May 29, 2026 - Jun 11, 2026
#2	-8.14% Jan 27, 2026 - Apr 14, 2026	N/A
#3	-5.80% Oct 28, 2025 - Dec 10, 2025	N/A
#4	-4.43% Jun 2, 2026 - Jun 10, 2026	N/A
#5	-3.30% Oct 8, 2025 - Oct 21, 2025	N/A
#6	-2.73% Dec 11, 2025 - Dec 23, 2025	N/A
#7	-2.30% Jul 25, 2025 - Aug 8, 2025	N/A
#8	-2.14% Jan 12, 2026 - Jan 27, 2026	N/A
#9	-2.05% May 14, 2026 - May 26, 2026	N/A
#10	-1.75% Aug 14, 2025 - Aug 27, 2025	N/A
#11	-1.56% Sep 22, 2025 - Oct 1, 2025	N/A
#12	-1.32% Aug 28, 2025 - Sep 8, 2025	N/A
#13	-1.31% Dec 24, 2025 - Jan 6, 2026	N/A
#14	-1.07% Jul 3, 2025 - Jul 23, 2025	N/A
#15	-0.91% Oct 21, 2025 - Oct 24, 2025	N/A

Correlation

Correlation between FEAC and WDE is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

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