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Fidelity Digital Health ETF (FDHT)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS3160922387
CUSIP316092238
IssuerFidelity
Inception DateOct 5, 2021
CategoryHealth & Biotech Equities
Leveraged1x
Index TrackedFidelity Digital Health Index
Home Pageinstitutional.fidelity.com
Asset ClassEquity

Expense Ratio

FDHT features an expense ratio of 0.39%, falling within the medium range.


Expense ratio chart for FDHT: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons: FDHT vs. VHT, FDHT vs. XBI, FDHT vs. FMED, FDHT vs. VOO, FDHT vs. VGT, FDHT vs. WELG.DE, FDHT vs. NASDX, FDHT vs. FDTX, FDHT vs. VGHAX, FDHT vs. VHCIX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Digital Health ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
13.76%
14.93%
FDHT (Fidelity Digital Health ETF)
Benchmark (^GSPC)

Returns By Period

Fidelity Digital Health ETF had a return of 9.12% year-to-date (YTD) and 34.39% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date9.12%25.82%
1 month4.25%3.20%
6 months13.76%14.94%
1 year34.39%35.92%
5 years (annualized)N/A14.22%
10 years (annualized)N/A11.43%

Monthly Returns

The table below presents the monthly returns of FDHT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-3.85%1.78%2.26%-4.43%1.17%-2.48%2.07%4.86%5.30%-4.61%9.12%
20237.17%-2.24%1.12%3.04%-8.52%6.20%3.78%-11.33%-7.12%-8.55%12.19%12.36%4.50%
2022-11.57%0.64%1.65%-13.75%-3.32%-2.02%9.61%-7.56%-9.71%6.94%6.26%-3.51%-25.84%
20214.15%-6.23%1.11%-1.27%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FDHT is 52, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of FDHT is 5252
Combined Rank
The Sharpe Ratio Rank of FDHT is 5959Sharpe Ratio Rank
The Sortino Ratio Rank of FDHT is 5858Sortino Ratio Rank
The Omega Ratio Rank of FDHT is 5555Omega Ratio Rank
The Calmar Ratio Rank of FDHT is 3131Calmar Ratio Rank
The Martin Ratio Rank of FDHT is 5656Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Digital Health ETF (FDHT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


FDHT
Sharpe ratio
The chart of Sharpe ratio for FDHT, currently valued at 2.02, compared to the broader market-2.000.002.004.006.002.02
Sortino ratio
The chart of Sortino ratio for FDHT, currently valued at 2.82, compared to the broader market0.005.0010.002.82
Omega ratio
The chart of Omega ratio for FDHT, currently valued at 1.34, compared to the broader market1.001.502.002.503.001.34
Calmar ratio
The chart of Calmar ratio for FDHT, currently valued at 0.84, compared to the broader market0.005.0010.0015.000.84
Martin ratio
The chart of Martin ratio for FDHT, currently valued at 10.09, compared to the broader market0.0020.0040.0060.0080.00100.0010.09
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 3.08, compared to the broader market-2.000.002.004.006.003.08
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 4.10, compared to the broader market0.005.0010.004.10
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.58, compared to the broader market1.001.502.002.503.001.58
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 4.48, compared to the broader market0.005.0010.0015.004.48
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 20.05, compared to the broader market0.0020.0040.0060.0080.00100.0020.05

Sharpe Ratio

The current Fidelity Digital Health ETF Sharpe ratio is 2.02. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Digital Health ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
2.02
3.08
FDHT (Fidelity Digital Health ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Digital Health ETF provided a 0.06% dividend yield over the last twelve months, with an annual payout of $0.01 per share.


0.04%0.06%0.08%0.10%0.12%$0.00$0.01$0.01$0.02$0.0220222023
Dividends
Dividend Yield
PeriodTTM20232022
Dividend$0.01$0.01$0.02

Dividend yield

0.06%0.04%0.12%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Digital Health ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.01
2023$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.01
2022$0.02$0.02

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-22.83%
0
FDHT (Fidelity Digital Health ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Digital Health ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Digital Health ETF was 44.80%, occurring on Oct 27, 2023. The portfolio has not yet recovered.

The current Fidelity Digital Health ETF drawdown is 22.83%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-44.8%Nov 4, 2021498Oct 27, 2023
-1.74%Oct 25, 20213Oct 27, 20212Oct 29, 20215
-1.64%Oct 8, 20212Oct 11, 20212Oct 13, 20214
-0.74%Oct 15, 20212Oct 18, 20211Oct 19, 20213

Volatility

Volatility Chart

The current Fidelity Digital Health ETF volatility is 4.76%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.76%
3.89%
FDHT (Fidelity Digital Health ETF)
Benchmark (^GSPC)