BATT vs. FTEC
Compare and contrast key facts about Amplify Lithium & Battery Technology ETF (BATT) and Fidelity MSCI Information Technology Index ETF (FTEC).
BATT and FTEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BATT is an actively managed fund by Amplify Investments. It was launched on Jun 6, 2018. 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: BATT or FTEC.
Key characteristics
| BATT | FTEC | |
|---|---|---|
| YTD Return | -9.97% | 5.56% |
| 1Y Return | -18.95% | 37.24% |
| 3Y Return (Ann) | -12.68% | 12.62% |
| 5Y Return (Ann) | -2.20% | 20.21% |
| Sharpe Ratio | -0.78 | 1.99 |
| Daily Std Dev | 23.80% | 18.43% |
| Max Drawdown | -69.38% | -34.95% |
| Current Drawdown | -49.20% | -3.76% |
Correlation
The correlation between BATT and FTEC is 0.61, 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
BATT vs. FTEC - Performance Comparison
In the year-to-date period, BATT achieves a -9.97% return, which is significantly lower than FTEC's 5.56% 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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BATT vs. FTEC - Expense Ratio Comparison
BATT has a 0.59% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
BATT vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Lithium & Battery Technology ETF (BATT) 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
BATT vs. FTEC - Dividend Comparison
BATT's dividend yield for the trailing twelve months is around 3.59%, more than FTEC's 0.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BATT Amplify Lithium & Battery Technology ETF | 3.59% | 3.23% | 4.14% | 2.32% | 0.21% | 3.22% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.73% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% | 0.18% |
Drawdowns
BATT vs. FTEC - Drawdown Comparison
The maximum BATT drawdown since its inception was -69.38%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for BATT and FTEC. For additional features, visit the drawdowns tool.
Volatility
BATT vs. FTEC - Volatility Comparison
Amplify Lithium & Battery Technology ETF (BATT) and Fidelity MSCI Information Technology Index ETF (FTEC) have volatilities of 7.37% and 7.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.