FELC vs GBTC

Comparison between FIDELITY ENHANCED LARGE CAP CORE ETF (FELC, ETF) and Grayscale Investments LLC (GBTC, ETF).

FELC vs GBTC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FELC(ETF)	GBTC(ETF)
Net Assets	$8B	$8.10B
Expense Ratio	0.18%	1.50%
Max Drawdown	18.95%	89.91%
Sharpe Ratio	1.59	-1.20
5Y Beta	0.96	1.19
P/E Ratio	25.14	N/A
Forward P/E	20.03	N/A
5Y EPS CAGR	32.12%	N/A
Debt to Equity	130.52%	N/A
P/S Ratio	4.13	N/A
P/B Ratio	5.49	N/A

Net Assets

FELC

$8B

Winner

GBTC

$8.10B

Expense Ratio

Winner

FELC

0.18%

GBTC

1.50%

Max Drawdown

Winner

FELC

18.95%

GBTC

89.91%

Sharpe Ratio

Winner

FELC

1.59

GBTC

-1.20

5Y Beta

Winner

FELC

0.96

GBTC

1.19

P/E Ratio

FELC

25.14

GBTC

N/A

Forward P/E

FELC

20.03

GBTC

N/A

5Y EPS CAGR

FELC

32.12%

GBTC

N/A

Debt to Equity

FELC

130.52%

GBTC

N/A

P/S Ratio

FELC

4.13

GBTC

N/A

P/B Ratio

FELC

5.49

GBTC

N/A

FELC vs GBTC - Holdings Comparison

FELC and GBTC have 0 common holdings. Overlap is 0.00%

FELC's top 25 holdings weight is 52.37%. GBTC's top 25 holdings weight is 12.55%.

Rank	FELC	GBTC
#1	NVIDIA CORP (NVDA) - 8.03%	GRAYSCALE BITCOIN MINI TRUST (BTC) (BTC) - 12.55%
#2	APPLE INC (AAPL) - 7.15%	N/A
#3	MICROSOFT CORP (MSFT) - 4.92%	N/A
#4	AMAZON.COM INC (AMZN) - 4.20%	N/A
#5	ALPHABET INC CLASS A (GOOGL) - 3.73%	N/A
#6	BROADCOM INC (AVGO) - 3.01%	N/A
#7	ALPHABET INC CLASS C (GOOG) - 2.43%	N/A
#8	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.92%	N/A
#9	META PLATFORMS INC CLASS A (META) - 1.91%	N/A
#10	JPMORGAN CHASE & CO (JPM) - 1.90%	N/A
#11	MICRON TECHNOLOGY INC (MU) - 1.58%	N/A
#12	ELI LILLY AND CO (LLY) - 1.38%	N/A
#13	MASTERCARD INC CLASS A (MA) - 1.17%	N/A
#14	GE AEROSPACE (GE) - 1.11%	N/A
#15	UNITEDHEALTH GROUP INC (UNH) - 1.01%	N/A
#16	BANK OF AMERICA CORP (BAC) - 1.00%	N/A
#17	EXXONMOBIL HOLDINGS CORP (XOM) - 0.93%	N/A
#18	CISCO SYSTEMS INC (CSCO) - 0.90%	N/A
#19	RTX CORP (RTX) - 0.89%	N/A
#20	ABBVIE INC (ABBV) - 0.88%	N/A
#21	CHEVRON CORP (CVX) - 0.48%	N/A
#22	SEMPRA (SRE) - 0.47%	N/A
#23	COMFORT SYSTEMS USA INC (FIX) - 0.47%	N/A
#24	FISERV INC (FISV) - 0.45%	N/A
#25	ELECTRONIC ARTS INC (n/a) - 0.45%	N/A
Total Holdings	245	1

FELC vs GBTC - Historical Returns

Returns include dividend reinvestment.

Period	FELC	GBTC
1 month	+4.44%	+1.70%
3 months	+7.86%	-19.24%
6 months	+14.53%	-7.93%
1 year	+26.23%	-45.59%
5 years(CAGR)	N/A	+6.91%
10 years(CAGR)	N/A	+49.50%
Max(CAGR)	+24.03%	+53.20%

Winner

FELC

+4.44%

GBTC

+1.70%

Winner

FELC

+7.86%

GBTC

-19.24%

Winner

FELC

+14.53%

GBTC

-7.93%

Winner

FELC

+26.23%

GBTC

-45.59%

5Y(CAGR)

FELC

N/A

GBTC

+6.91%

10Y(CAGR)

FELC

N/A

GBTC

+49.50%

Max(CAGR)

FELC

+24.03%

Winner

GBTC

+53.20%

FELC vs GBTC - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	FELC	GBTC
2026	+15.52%	-28.29%
2025	+17.31%	-11.46%
2024	+26.20%	+100.87%
2023	+5.68%	+322.20%
2022	N/A	-75.81%
2021	N/A	-2.37%
2020	N/A	+301.00%
2019	N/A	+77.27%
2018	N/A	-84.05%
2017	N/A	+1558.98%
2016	N/A	+90.08%
2015	N/A	+50.01%

FELC vs GBTC Drawdown Comparison

The maximum drawdown for FELC was -18.59%, occurring on Apr 8, 2025. Recovery took 106 trading sessions.

The maximum drawdown for GBTC was -89.91%, occurring on Dec 14, 2018. Recovery took 766 trading sessions.

The current GBTC drawdown is -48.90%.

Rank	FELC	GBTC
#1	-18.59% Jan 23, 2025 - Jun 26, 2025	-89.91% Dec 18, 2017 - Jan 5, 2021
#2	-9.08% Feb 2, 2026 - Apr 14, 2026	-86.24% Feb 19, 2021 - Mar 4, 2024
#3	-8.70% Jul 16, 2024 - Sep 19, 2024	-57.96% May 5, 2015 - Dec 8, 2015
#4	-5.14% Oct 28, 2025 - Dec 5, 2025	-53.75% Oct 6, 2025 - Jun 30, 2026
#5	-5.08% Mar 27, 2024 - May 15, 2024	-48.42% Aug 31, 2017 - Nov 3, 2017
#6	-4.74% Jun 2, 2026 - Jul 10, 2026	-41.48% Jun 17, 2016 - Jan 3, 2017
#7	-4.35% Dec 6, 2024 - Jan 23, 2025	-36.93% Dec 15, 2015 - Apr 21, 2016
#8	-2.96% Oct 6, 2025 - Oct 24, 2025	-36.68% Jun 6, 2017 - Aug 10, 2017
#9	-2.92% Jan 12, 2026 - Feb 2, 2026	-35.04% Mar 13, 2024 - Nov 11, 2024
#10	-2.79% Jul 15, 2026 - Aug 3, 2026	-30.26% Jan 7, 2021 - Feb 8, 2021
#11	-2.47% Dec 11, 2025 - Dec 23, 2025	-28.76% Jan 4, 2017 - May 1, 2017
#12	-2.43% Nov 11, 2024 - Nov 29, 2024	-28.45% Dec 17, 2024 - May 21, 2025
#13	-2.41% Oct 18, 2024 - Nov 6, 2024	-19.31% May 9, 2017 - May 22, 2017
#14	-2.30% Jul 28, 2025 - Aug 8, 2025	-18.18% May 9, 2016 - May 31, 2016
#15	-1.91% Dec 28, 2023 - Jan 10, 2024	-15.79% Nov 3, 2017 - Nov 20, 2017