LBO vs FEMG

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

LBO vs FEMG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

LBO

$6.70M

FEMG

$6.70M

Expense Ratio

LBO

6.53%

Winner

FEMG

0.23%

Max Drawdown

LBO

35.86%

Winner

FEMG

4.66%

Sharpe Ratio

LBO

-1.09

Winner

FEMG

0.43

5Y Beta

Winner

LBO

1.02

FEMG

1.03

P/E Ratio

Winner

LBO

25.19

FEMG

54.35

Forward P/E

Winner

LBO

11.72

FEMG

25.11

5Y EPS CAGR

LBO

N/A

FEMG

17.70%

Debt to Equity

LBO

121.72%

Winner

FEMG

107.03%

P/S Ratio

LBO

2.79

Winner

FEMG

2.66

P/B Ratio

Winner

LBO

1.68

FEMG

11.48

LBO vs FEMG - Holdings Comparison

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

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

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

LBO vs FEMG - Historical Returns

Returns include dividend reinvestment.

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

Winner

LBO

+0.40%

FEMG

-0.47%

LBO

-2.21%

Winner

FEMG

+2.17%

LBO

-13.97%

FEMG

N/A

LBO

-21.09%

FEMG

N/A

Max(CAGR)

LBO

+4.95%

Winner

FEMG

+9.77%

LBO vs FEMG - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

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

LBO vs FEMG Drawdown Comparison

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

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

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

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

Correlation

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

-0.68

-101