ADPV vs. FOCPX
Compare and contrast key facts about Adaptiv Select ETF (ADPV) and Fidelity OTC Portfolio (FOCPX).
ADPV is an actively managed fund by Adaptiv. It was launched on Nov 3, 2022. FOCPX is managed by Fidelity. It was launched on Dec 31, 1984.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADPV or FOCPX.
Key characteristics
| ADPV | FOCPX | |
|---|---|---|
| YTD Return | 28.24% | 20.99% |
| 1Y Return | 28.87% | 32.51% |
| Sharpe Ratio | 1.48 | 1.78 |
| Daily Std Dev | 19.77% | 18.40% |
| Max Drawdown | -14.73% | -94.80% |
| Current Drawdown | -0.43% | -7.87% |
Correlation
The correlation between ADPV and FOCPX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ADPV vs. FOCPX - Performance Comparison
In the year-to-date period, ADPV achieves a 28.24% return, which is significantly higher than FOCPX's 20.99% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ADPV vs. FOCPX - Expense Ratio Comparison
ADPV has a 1.00% expense ratio, which is higher than FOCPX's 0.80% expense ratio.
Risk-Adjusted Performance
ADPV vs. FOCPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Adaptiv Select ETF (ADPV) and Fidelity OTC Portfolio (FOCPX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ADPV vs. FOCPX - Dividend Comparison
ADPV's dividend yield for the trailing twelve months is around 0.17%, less than FOCPX's 11.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADPV Adaptiv Select ETF | 0.17% | 0.22% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FOCPX Fidelity OTC Portfolio | 11.35% | 0.05% | 4.06% | 11.53% | 6.23% | 7.58% | 7.93% | 4.86% | 3.24% | 4.64% | 12.91% | 13.60% |
Drawdowns
ADPV vs. FOCPX - Drawdown Comparison
The maximum ADPV drawdown since its inception was -14.73%, smaller than the maximum FOCPX drawdown of -94.80%. Use the drawdown chart below to compare losses from any high point for ADPV and FOCPX. For additional features, visit the drawdowns tool.
Volatility
ADPV vs. FOCPX - Volatility Comparison
The current volatility for Adaptiv Select ETF (ADPV) is 4.97%, while Fidelity OTC Portfolio (FOCPX) has a volatility of 5.91%. This indicates that ADPV experiences smaller price fluctuations and is considered to be less risky than FOCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.