FEMG vs LBO

Comparison between FIDELITY ENHANCED MID CAP GROWTH ETF (FEMG, ETF) and WHITEWOLF PUBLICLY LISTED PRIVATE EQUITY ETF (LBO, ETF).

FEMG vs LBO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FEMG(ETF)	LBO(ETF)
Net Assets	$6.70M	$6.70M
Expense Ratio	0.23%	6.53%
Max Drawdown	4.66%	35.86%
Sharpe Ratio	0.43	-1.09
5Y Beta	1.03	1.02
P/E Ratio	54.35	25.19
Forward P/E	25.11	11.72
5Y EPS CAGR	17.70%	N/A
Debt to Equity	107.03%	121.72%
P/S Ratio	2.66	2.79
P/B Ratio	11.48	1.68

Net Assets

FEMG

$6.70M

LBO

$6.70M

Expense Ratio

Winner

FEMG

0.23%

LBO

6.53%

Max Drawdown

Winner

FEMG

4.66%

LBO

35.86%

Sharpe Ratio

Winner

FEMG

0.43

LBO

-1.09

5Y Beta

FEMG

1.03

Winner

LBO

1.02

P/E Ratio

FEMG

54.35

Winner

LBO

25.19

Forward P/E

FEMG

25.11

Winner

LBO

11.72

5Y EPS CAGR

FEMG

17.70%

LBO

N/A

Debt to Equity

Winner

FEMG

107.03%

LBO

121.72%

P/S Ratio

Winner

FEMG

2.66

LBO

2.79

P/B Ratio

FEMG

11.48

Winner

LBO

1.68

FEMG vs LBO - Holdings Comparison

FEMG and LBO have 2 common holdings. Overlap is 0.25%

FEMG's top 25 holdings weight is 43.73%. LBO's top 25 holdings weight is 97.81%.

Rank	FEMG	LBO
#1	CLOUDFLARE INC (NET) - 3.21%	ARES CAPITAL CORP (ARCC) - 10.27%
#2	SNOWFLAKE INC ORDINARY SHARES (SNOW) - 2.53%	APOLLO GLOBAL MANAGEMENT INC (APO) - 9.85%
#3	TARGA RESOURCES CORP (TRGP) - 2.42%	BLACKSTONE SECURED LENDING FUND ORDINARY SHARES (BXSL) - 7.43%
#4	COMFORT SYSTEMS USA INC (FIX) - 2.33%	KKR & CO INC ORDINARY SHARES (KKR) - 7.35%
#5	VISTRA CORP (VST) - 2.18%	ARES MANAGEMENT CORP ORDINARY SHARES CLASS A (ARES) - 6.68%
#6	DATADOG INC CLASS A (DDOG) - 2.11%	GOLUB CAPITAL BDC INC (GBDC) - 5.47%
#7	LUMENTUM HOLDINGS INC (LITE) - 1.98%	HERCULES CAPITAL INC (HTGC) - 4.84%
#8	TERADYNE INC (TER) - 1.93%	BLACKROCK INC (BLK) - 4.69%
#9	FASTENAL CO (FAST) - 1.92%	BLUE OWL CAPITAL INC ORDINARY SHARES CLASS A (OWL) - 4.64%
#10	ROCKET LAB CORP (RKLB) - 1.85%	THE CARLYLE GROUP INC (CG) - 4.07%
#11	ALNYLAM PHARMACEUTICALS INC (ALNY) - 1.84%	BROOKFIELD ASSET MANAGEMENT LTD ORDINARY SHARES CLASS A (n/a) - 4.06%
#12	ROYAL CARIBBEAN GROUP (RCL) - 1.78%	BLACKSTONE INC (BX) - 3.65%
#13	NATERA INC (NTRA) - 1.75%	COMPASS DIVERSIFIED HOLDINGS (CODI) - 3.60%
#14	ROBLOX CORP ORDINARY SHARES CLASS A (RBLX) - 1.58%	BROOKFIELD CORP REGISTERED SHS -A- LIMITED VTG (BN) - 3.31%
#15	EXPEDIA GROUP INC (EXPE) - 1.53%	TPG INC ORDINARY SHARES CLASS A (TPG) - 3.20%
#16	ASTERA LABS INC (ALAB) - 1.45%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 2.57%
#17	SIMON PROPERTY GROUP INC (SPG) - 1.34%	TRINITY CAPITAL INC ORDINARY SHARES (TRIN) - 2.31%
#18	TAPESTRY INC (TPR) - 1.34%	SIXTH STREET SPECIALTY LENDING INC (TSLX) - 1.75%
#19	ROBINHOOD MARKETS INC CLASS A (HOOD) - 1.29%	MIDCAP FINANCIAL INVESTMENT CORP (MFIC) - 1.74%
#20	CREDO TECHNOLOGY GROUP HOLDING LTD (CRDO) - 1.29%	BLUE OWL CAPITAL CORP ORDINARY SHARES (OBDC) - 1.46%
#21	CENCORA INC (COR) - 1.27%	STEPSTONE GROUP INC ORDINARY SHARES CLASS A (STEP) - 1.21%
#22	MASTEC INC (MTZ) - 1.27%	CION INVT CORP ORDINARY SHARES (CION) - 1.06%
#23	SYSCO CORP (SYY) - 1.21%	BAIN CAPITAL SPECIALTY FINANCE INC (BCSF) - 0.87%
#24	REDDIT INC CLASS A SHARES (RDDT) - 1.21%	MAIN STREET CAPITAL CORP (MAIN) - 0.87%
#25	MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC (MTSI) - 1.12%	BARINGS BDC INC (BBDC) - 0.86%
Total Holdings	165	44

FEMG vs LBO - Historical Returns

Returns include dividend reinvestment.

Period	FEMG	LBO
1 month	-0.47%	+0.40%
3 months	+2.17%	-2.21%
6 months	N/A	-13.97%
1 year	N/A	-21.09%
Max(CAGR)	+9.77%	+4.95%

FEMG

-0.47%

Winner

LBO

+0.40%

Winner

FEMG

+2.17%

LBO

-2.21%

FEMG

N/A

LBO

-13.97%

FEMG

N/A

LBO

-21.09%

Max(CAGR)

Winner

FEMG

+9.77%

LBO

+4.95%

FEMG vs LBO - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	FEMG	LBO
2026	+2.17%	-14.59%
2025	N/A	-7.23%
2024	N/A	+31.97%
2023	N/A	+7.27%

FEMG vs LBO Drawdown Comparison

The maximum drawdown for FEMG was -4.66%, occurring on Jun 10, 2026. Recovery took 19 trading sessions.

The maximum drawdown for LBO was -31.38%, occurring on Mar 12, 2026. This drawdown has not yet recovered.

The current FEMG drawdown is -4.30%. The current LBO drawdown is -23.99%.

Rank	FEMG	LBO
#1	-4.66% Jun 1, 2026 - Jun 29, 2026	-31.38% Jan 31, 2025 - Mar 12, 2026
#2	-4.61% Jun 30, 2026 - Jul 17, 2026	-10.74% Jul 31, 2024 - Sep 19, 2024
#3	-3.29% May 6, 2026 - May 26, 2026	-5.51% Nov 29, 2024 - Jan 17, 2025
#4	-0.21% May 26, 2026 - May 28, 2026	-4.85% Oct 21, 2024 - Nov 6, 2024
#5	N/A	-3.35% Apr 8, 2024 - May 6, 2024
#6	N/A	-2.50% May 24, 2024 - Jul 3, 2024
#7	N/A	-2.50% Dec 28, 2023 - Jan 22, 2024
#8	N/A	-2.00% Nov 11, 2024 - Nov 21, 2024
#9	N/A	-1.92% Jul 22, 2024 - Jul 30, 2024
#10	N/A	-1.81% Jan 30, 2024 - Feb 8, 2024
#11	N/A	-1.71% Feb 12, 2024 - Feb 15, 2024
#12	N/A	-1.66% Mar 12, 2024 - Mar 21, 2024
#13	N/A	-1.47% Mar 28, 2024 - Apr 8, 2024
#14	N/A	-1.36% May 15, 2024 - May 24, 2024
#15	N/A	-1.19% Dec 19, 2023 - Dec 26, 2023

Correlation

Correlation between FEMG and LBO is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.68

-101