BELT vs. FITZ
BELT (iShares U.S. Select Equity Active ETF) and FITZ (Fitz-Gerald Must Have Portfolio ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.
Performance
BELT vs. FITZ - Performance Comparison
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Returns By Period
BELT
- 1D
- -3.42%
- 1M
- -4.62%
- YTD
- 13.00%
- 6M
- 10.80%
- 1Y
- 21.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FITZ
- 1D
- -2.89%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BELT vs. FITZ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BELT iShares U.S. Select Equity Active ETF | -4.15% |
FITZ Fitz-Gerald Must Have Portfolio ETF | -4.50% |
Correlation
The correlation between BELT and FITZ is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 29, 2026 | 0.83 |
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Return for Risk
BELT vs. FITZ — Risk / Return Rank
BELT
FITZ
BELT vs. FITZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Select Equity Active ETF (BELT) and Fitz-Gerald Must Have Portfolio ETF (FITZ). 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.
| BELT | FITZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.22 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | — | — |
| Martin ratioReturn relative to average drawdown | 7.38 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BELT | FITZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | -5.11 | +5.67 |
Drawdowns
BELT vs. FITZ - Drawdown Comparison
The maximum BELT drawdown since its inception was -23.05%, which is greater than FITZ's maximum drawdown of -4.81%. Use the drawdown chart below to compare losses from any high point for BELT and FITZ.
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Drawdown Indicators
| BELT | FITZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.05% | -4.81% | -18.24% |
Max Drawdown (1Y)Largest decline over 1 year | -11.47% | — | — |
Current DrawdownCurrent decline from peak | -5.50% | -4.81% | -0.69% |
Average DrawdownAverage peak-to-trough decline | -3.51% | -1.70% | -1.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.88% | — | — |
Volatility
BELT vs. FITZ - Volatility Comparison
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Volatility by Period
| BELT | FITZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.28% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 14.23% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.37% | 18.34% | -0.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.32% | 18.34% | +2.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.32% | 18.34% | +2.98% |
BELT vs. FITZ - Expense Ratio Comparison
Both BELT and FITZ have an expense ratio of 0.75%.
Dividends
BELT vs. FITZ - Dividend Comparison
Neither BELT nor FITZ has paid dividends to shareholders.
Frequently Asked Questions
BELT and FITZ have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
BELT and FITZ have the same expense ratio: 0.75% per year.
BELT and FITZ have nearly identical dividend yields, around 0.00%.
They also come from different issuers: iShares and Nicholas.
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