FSEV vs LBO

Comparison between FIDELITY ENHANCED SMALL CAP VALUE ETF (FSEV, ETF) and WHITEWOLF PUBLICLY LISTED PRIVATE EQUITY ETF (LBO, ETF).

FSEV vs LBO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FSEV(ETF)	LBO(ETF)
Net Assets	$6.70M	$6.70M
Expense Ratio	0.28%	6.53%
Max Drawdown	4.16%	35.86%
Sharpe Ratio	1.40	-1.09
5Y Beta	0.75	1.02
P/E Ratio	288.84	25.19
Forward P/E	13.31	11.72
5Y EPS CAGR	2.97%	N/A
Debt to Equity	44.52%	121.72%
P/S Ratio	1.02	2.79
P/B Ratio	1.58	1.68

Net Assets

FSEV

$6.70M

LBO

$6.70M

Expense Ratio

Winner

FSEV

0.28%

LBO

6.53%

Max Drawdown

Winner

FSEV

4.16%

LBO

35.86%

Sharpe Ratio

Winner

FSEV

1.40

LBO

-1.09

5Y Beta

Winner

FSEV

0.75

LBO

1.02

P/E Ratio

FSEV

288.84

Winner

LBO

25.19

Forward P/E

FSEV

13.31

Winner

LBO

11.72

5Y EPS CAGR

FSEV

2.97%

LBO

N/A

Debt to Equity

Winner

FSEV

44.52%

LBO

121.72%

P/S Ratio

Winner

FSEV

1.02

LBO

2.79

P/B Ratio

Winner

FSEV

1.58

LBO

1.68

FSEV vs LBO - Holdings Comparison

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

FSEV's top 25 holdings weight is 18.30%. LBO's top 25 holdings weight is 97.81%.

Rank	FSEV	LBO
#1	COMMERCIAL METALS CO (CMC) - 0.94%	ARES CAPITAL CORP (ARCC) - 10.27%
#2	UMB FINANCIAL CORP (UMBF) - 0.94%	APOLLO GLOBAL MANAGEMENT INC (APO) - 9.85%
#3	n/a (PECO) - 0.88%	BLACKSTONE SECURED LENDING FUND ORDINARY SHARES (BXSL) - 7.43%
#4	FLUOR CORP (FLR) - 0.86%	KKR & CO INC ORDINARY SHARES (KKR) - 7.35%
#5	VALLEY NATIONAL BANCORP (VLY) - 0.85%	ARES MANAGEMENT CORP ORDINARY SHARES CLASS A (ARES) - 6.68%
#6	FIDELITY CASH CENTRAL FUND (n/a) - 0.82%	GOLUB CAPITAL BDC INC (GBDC) - 5.47%
#7	GLACIER BANCORP INC (GBCI) - 0.78%	HERCULES CAPITAL INC (HTGC) - 4.84%
#8	BREAD FINANCIAL HOLDINGS INC (BFH) - 0.78%	BLACKROCK INC (BLK) - 4.69%
#9	CNO FINANCIAL GROUP INC (CNO) - 0.76%	BLUE OWL CAPITAL INC ORDINARY SHARES CLASS A (OWL) - 4.64%
#10	CUSHMAN & WAKEFIELD LTD (CWK) - 0.75%	THE CARLYLE GROUP INC (CG) - 4.07%
#11	TEXAS CAPITAL BANCSHARES INC (TCBI) - 0.73%	BROOKFIELD ASSET MANAGEMENT LTD ORDINARY SHARES CLASS A (n/a) - 4.06%
#12	MARRIOTT VACATIONS WORLDWIDE CORP (VAC) - 0.73%	BLACKSTONE INC (BX) - 3.65%
#13	GATX CORP (GATX) - 0.72%	COMPASS DIVERSIFIED HOLDINGS (CODI) - 3.60%
#14	OPENLANE INC (OPLN) - 0.71%	BROOKFIELD CORP REGISTERED SHS -A- LIMITED VTG (BN) - 3.31%
#15	ESSENTIAL PROPERTIES REALTY TRUST INC (EPRT) - 0.71%	TPG INC ORDINARY SHARES CLASS A (TPG) - 3.20%
#16	NBT BANCORP INC (NBTB) - 0.70%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 2.57%
#17	WSFS FINANCIAL CORP (WSFS) - 0.65%	TRINITY CAPITAL INC ORDINARY SHARES (TRIN) - 2.31%
#18	INSIGHT ENTERPRISES INC (NSIT) - 0.64%	SIXTH STREET SPECIALTY LENDING INC (TSLX) - 1.75%
#19	ASBURY AUTOMOTIVE GROUP INC (ABG) - 0.63%	MIDCAP FINANCIAL INVESTMENT CORP (MFIC) - 1.74%
#20	HILLMAN SOLUTIONS CORP SHS (HLMN) - 0.63%	BLUE OWL CAPITAL CORP ORDINARY SHARES (OBDC) - 1.46%
#21	SOUTHWEST GAS HOLDINGS INC (SWX) - 0.63%	STEPSTONE GROUP INC ORDINARY SHARES CLASS A (STEP) - 1.21%
#22	CARETRUST REIT INC (CTRE) - 0.62%	CION INVT CORP ORDINARY SHARES (CION) - 1.06%
#23	INNOSPEC INC (IOSP) - 0.62%	BAIN CAPITAL SPECIALTY FINANCE INC (BCSF) - 0.87%
#24	URBAN OUTFITTERS INC (URBN) - 0.61%	MAIN STREET CAPITAL CORP (MAIN) - 0.87%
#25	UNITED BANKSHARES INC (UBSI) - 0.61%	BARINGS BDC INC (BBDC) - 0.86%
Total Holdings	437	44

FSEV vs LBO - Historical Returns

Returns include dividend reinvestment.

Period	FSEV	LBO
1 month	+1.05%	+0.40%
3 months	+5.59%	-2.21%
6 months	N/A	-13.97%
1 year	N/A	-21.09%
Max(CAGR)	+26.69%	+4.95%

Winner

FSEV

+1.05%

LBO

+0.40%

Winner

FSEV

+5.59%

LBO

-2.21%

FSEV

N/A

LBO

-13.97%

FSEV

N/A

LBO

-21.09%

Max(CAGR)

Winner

FSEV

+26.69%

LBO

+4.95%

FSEV vs LBO - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	FSEV	LBO
2026	+5.59%	-14.59%
2025	N/A	-7.23%
2024	N/A	+31.97%
2023	N/A	+7.27%

FSEV vs LBO Drawdown Comparison

The maximum drawdown for FSEV was -4.16%, occurring on May 19, 2026. Recovery took 13 trading sessions.

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

The current FSEV drawdown is -1.69%. The current LBO drawdown is -23.99%.

Rank	FSEV	LBO
#1	-4.16% May 6, 2026 - May 26, 2026	-31.38% Jan 31, 2025 - Mar 12, 2026
#2	-2.81% May 28, 2026 - Jun 11, 2026	-10.74% Jul 31, 2024 - Sep 19, 2024
#3	-2.05% Jun 26, 2026 - Jul 16, 2026	-5.51% Nov 29, 2024 - Jan 17, 2025
#4	-1.69% Jul 16, 2026 - Jul 23, 2026	-4.85% Oct 21, 2024 - Nov 6, 2024
#5	-1.51% Jun 12, 2026 - Jun 18, 2026	-3.35% Apr 8, 2024 - May 6, 2024
#6	-0.78% May 1, 2026 - May 5, 2026	-2.50% May 24, 2024 - Jul 3, 2024
#7	-0.21% Jun 22, 2026 - Jun 24, 2026	-2.50% Dec 28, 2023 - Jan 22, 2024
#8	-0.04% May 26, 2026 - May 28, 2026	-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 FSEV and LBO is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101