FIXD vs FELV

Comparison between FIRST TRUST TCW OPPORTUNISTIC FIXED INCOME ETF (FIXD, ETF) and FIDELITY ENHANCED LARGE CAP VALUE ETF (FELV, ETF).

FIXD vs FELV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FIXD(ETF)	FELV(ETF)
Net Assets	$3.20B	$3.30B
Expense Ratio	0.65%	0.18%
Max Drawdown	26.65%	16.87%
Sharpe Ratio	-0.33	2.28
5Y Beta	0.05	0.75
P/E Ratio	N/A	20.98
Forward P/E	N/A	18.33
PEG Ratio	N/A	0.21
5Y Dividends CAGR	4.99%	N/A
5Y EPS CAGR	N/A	17.10%
Debt to Equity	N/A	126.87%
P/S Ratio	N/A	2.39
P/B Ratio	N/A	3.38

Net Assets

FIXD

$3.20B

Winner

FELV

$3.30B

Expense Ratio

FIXD

0.65%

Winner

FELV

0.18%

Max Drawdown

FIXD

26.65%

Winner

FELV

16.87%

Sharpe Ratio

FIXD

-0.33

Winner

FELV

2.28

5Y Beta

Winner

FIXD

0.05

FELV

0.75

P/E Ratio

FIXD

N/A

FELV

20.98

Forward P/E

FIXD

N/A

FELV

18.33

PEG Ratio

FIXD

N/A

FELV

0.21

5Y Dividends CAGR

FIXD

4.99%

FELV

N/A

5Y EPS CAGR

FIXD

N/A

FELV

17.10%

Debt to Equity

FIXD

N/A

FELV

126.87%

P/S Ratio

FIXD

N/A

FELV

2.39

P/B Ratio

FIXD

N/A

FELV

3.38

FIXD vs FELV - Holdings Comparison

FIXD and FELV have 1 common holdings. Overlap is 0.00%

FIXD's top 25 holdings weight is 44.89%. FELV's top 25 holdings weight is 42.29%.

Rank	FIXD	FELV
#1	UNITED STATES TREASURY BONDS 4.625% (n/a) - 6.61%	AMAZON.COM INC (AMZN) - 6.38%
#2	UNITED STATES TREASURY NOTES 4.375% (n/a) - 6.45%	APPLE INC (AAPL) - 5.59%
#3	UNITED STATES TREASURY BONDS 4.75% (n/a) - 4.15%	MICROSOFT CORP (MSFT) - 4.31%
#4	GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 3.5% (n/a) - 3.61%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 3.04%
#5	UNITED STATES TREASURY NOTES 4.125% (n/a) - 2.96%	JPMORGAN CHASE & CO (JPM) - 2.70%
#6	FEDERAL HOME LOAN MORTGAGE CORP. 3% (n/a) - 2.77%	EXXONMOBIL HOLDINGS CORP (XOM) - 1.77%
#7	UNITED STATES TREASURY BONDS 4.875% (n/a) - 2.42%	UNITEDHEALTH GROUP INC (UNH) - 1.29%
#8	FNMA PASS-THRU I 5% (n/a) - 1.43%	JOHNSON & JOHNSON (JNJ) - 1.25%
#9	UNITED STATES TREASURY BONDS 5% (n/a) - 1.25%	CISCO SYSTEMS INC (CSCO) - 1.20%
#10	FEDERAL HOME LOAN MORTGAGE CORP. 5.5% (n/a) - 1.10%	BANK OF AMERICA CORP (BAC) - 1.16%
#11	n/a (n/a) - 1.03%	FIDELITY CASH CENTRAL FUND (n/a) - 1.13%
#12	FEDERAL HOME LOAN MORTGAGE CORP. 2.5% (n/a) - 1.03%	RTX CORP (RTX) - 1.09%
#13	BOEING CO. 7.008% (n/a) - 0.97%	CHEVRON CORP (CVX) - 1.06%
#14	n/a (n/a) - 0.93%	INTEL CORP (INTC) - 1.02%
#15	FEDERAL NATIONAL MORTGAGE ASSOCIATION 5% (n/a) - 0.91%	WELLS FARGO & CO (WFC) - 0.97%
#16	FEDERAL HOME LOAN MORTGAGE CORP. 3.5% (n/a) - 0.90%	WALMART INC (WMT) - 0.94%
#17	n/a (n/a) - 0.87%	CHARLES SCHWAB CORP (SCHW) - 0.93%
#18	GILDAN ACTIVEWEAR INC. 5.4% (n/a) - 0.82%	PFIZER INC (PFE) - 0.86%
#19	n/a (n/a) - 0.78%	BRISTOL-MYERS SQUIBB CO (BMY) - 0.85%
#20	FEDERAL NATIONAL MORTGAGE ASSOCIATION 3% (n/a) - 0.76%	AT&T INC (T) - 0.81%
#21	RTX CORP. 6.1% (n/a) - 0.75%	ABBOTT LABORATORIES (ABT) - 0.81%
#22	n/a (n/a) - 0.61%	EATON CORP PLC (ETN) - 0.79%
#23	FEDERAL HOME LOAN MORTGAGE CORP. 5% (n/a) - 0.61%	PHILIP MORRIS INTERNATIONAL INC (PM) - 0.79%
#24	GOLDMAN SACHS GROUP, INC. 1.542% (n/a) - 0.59%	PROGRESSIVE CORP (PGR) - 0.78%
#25	V.F. CORP 2.95% (n/a) - 0.58%	MORGAN STANLEY (MS) - 0.77%
Total Holdings	296	368

FIXD vs FELV - Historical Returns

Returns include dividend reinvestment.

Period	FIXD	FELV
1 month	-0.29%	+3.87%
3 months	-0.04%	+11.10%
6 months	-2.01%	+17.30%
1 year	+2.59%	+33.34%
5 years(CAGR)	-0.77%	N/A
10 years(CAGR)	+1.92%	N/A
Max(CAGR)	+1.92%	+23.50%

FIXD

-0.29%

Winner

FELV

+3.87%

FIXD

-0.04%

Winner

FELV

+11.10%

FIXD

-2.01%

Winner

FELV

+17.30%

FIXD

+2.59%

Winner

FELV

+33.34%

5Y(CAGR)

FIXD

-0.77%

FELV

N/A

10Y(CAGR)

FIXD

+1.92%

FELV

N/A

Max(CAGR)

FIXD

+1.92%

Winner

FELV

+23.50%

FIXD vs FELV - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	FIXD	FELV
2026	-0.50%	+23.21%
2025	+7.82%	+16.15%
2024	+1.26%	+15.69%
2023	+5.12%	+7.19%
2022	-14.49%	N/A
2021	-1.13%	N/A
2020	+8.82%	N/A
2019	+10.30%	N/A
2018	+0.14%	N/A
2017	+3.50%	N/A

FIXD vs FELV Drawdown Comparison

The maximum drawdown for FIXD was -20.44%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The maximum drawdown for FELV was -16.09%, occurring on Apr 8, 2025. Recovery took 174 trading sessions.

The current FIXD drawdown is -4.27%. The current FELV drawdown is -0.86%.

Rank	FIXD	FELV
#1	-20.44% Aug 4, 2021 - Oct 20, 2022	-16.09% Nov 29, 2024 - Aug 13, 2025
#2	-8.51% Mar 9, 2020 - May 22, 2020	-6.85% Feb 27, 2026 - Apr 14, 2026
#3	-3.22% Jan 4, 2021 - Jul 19, 2021	-5.34% Mar 28, 2024 - Jul 12, 2024
#4	-3.17% Sep 5, 2017 - Jan 3, 2019	-5.15% Jul 31, 2024 - Aug 19, 2024
#5	-2.11% Sep 4, 2019 - Oct 4, 2019	-4.23% Nov 12, 2025 - Nov 28, 2025
#6	-1.53% Oct 4, 2019 - Dec 13, 2019	-3.39% Aug 30, 2024 - Sep 19, 2024
#7	-1.52% Feb 24, 2017 - Apr 11, 2017	-2.88% Oct 3, 2025 - Oct 21, 2025
#8	-1.47% Jun 23, 2017 - Aug 24, 2017	-2.67% Oct 16, 2024 - Nov 6, 2024
#9	-1.29% Aug 6, 2020 - Dec 29, 2020	-2.59% Jun 4, 2026 - Jun 12, 2026
#10	-0.77% Jul 3, 2019 - Aug 1, 2019	-2.13% Nov 11, 2024 - Nov 22, 2024
#11	-0.73% Mar 28, 2019 - May 7, 2019	-2.11% Jul 17, 2024 - Jul 31, 2024
#12	-0.72% Jun 6, 2017 - Jun 22, 2017	-1.91% Jan 8, 2024 - Jan 25, 2024
#13	-0.57% Jan 31, 2020 - Feb 20, 2020	-1.89% Oct 27, 2025 - Nov 11, 2025
#14	-0.54% Dec 13, 2019 - Jan 2, 2020	-1.61% Dec 19, 2023 - Dec 26, 2023
#15	-0.48% Feb 26, 2019 - Mar 7, 2019	-1.54% Dec 11, 2025 - Dec 24, 2025