AMBA vs. FTEC
Compare and contrast key facts about Ambarella, Inc. (AMBA) and Fidelity MSCI Information Technology Index ETF (FTEC).
FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMBA or FTEC.
Key characteristics
| AMBA | FTEC | |
|---|---|---|
| YTD Return | -7.13% | 25.41% |
| 1Y Return | 8.27% | 33.32% |
| 3Y Return (Ann) | -33.90% | 11.08% |
| 5Y Return (Ann) | -0.51% | 22.12% |
| 10Y Return (Ann) | 1.37% | 20.27% |
| Sharpe Ratio | 0.12 | 1.60 |
| Sortino Ratio | 0.55 | 2.12 |
| Omega Ratio | 1.06 | 1.29 |
| Calmar Ratio | 0.07 | 2.21 |
| Martin Ratio | 0.32 | 7.95 |
| Ulcer Index | 17.91% | 4.24% |
| Daily Std Dev | 48.65% | 21.12% |
| Max Drawdown | -81.65% | -34.95% |
| Current Drawdown | -73.75% | -3.56% |
Correlation
The correlation between AMBA and FTEC is 0.57, 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
AMBA vs. FTEC - Performance Comparison
In the year-to-date period, AMBA achieves a -7.13% return, which is significantly lower than FTEC's 25.41% return. Over the past 10 years, AMBA has underperformed FTEC with an annualized return of 1.37%, while FTEC has yielded a comparatively higher 20.27% annualized 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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Risk-Adjusted Performance
AMBA vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ambarella, Inc. (AMBA) and Fidelity MSCI Information Technology Index ETF (FTEC). 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
AMBA vs. FTEC - Dividend Comparison
AMBA has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.63%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMBA Ambarella, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.63% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% | 0.18% |
Drawdowns
AMBA vs. FTEC - Drawdown Comparison
The maximum AMBA drawdown since its inception was -81.65%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for AMBA and FTEC. For additional features, visit the drawdowns tool.
Volatility
AMBA vs. FTEC - Volatility Comparison
Ambarella, Inc. (AMBA) has a higher volatility of 12.41% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 6.56%. This indicates that AMBA's price experiences larger fluctuations and is considered to be riskier than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.