CFVAX vs. FTEC
Compare and contrast key facts about SEI Catholic Values Trust Catholic Values Fixed Income Fund (CFVAX) and Fidelity MSCI Information Technology Index ETF (FTEC).
CFVAX is managed by SEI. It was launched on Apr 30, 2015. 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: CFVAX or FTEC.
Key characteristics
| CFVAX | FTEC | |
|---|---|---|
| YTD Return | -1.98% | 6.66% |
| 1Y Return | 0.36% | 34.96% |
| 3Y Return (Ann) | -3.80% | 12.53% |
| 5Y Return (Ann) | -0.13% | 21.40% |
| Sharpe Ratio | -0.01 | 1.92 |
| Daily Std Dev | 7.23% | 18.33% |
| Max Drawdown | -20.20% | -34.95% |
| Current Drawdown | -13.10% | -2.75% |
Correlation
The correlation between CFVAX and FTEC is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
CFVAX vs. FTEC - Performance Comparison
In the year-to-date period, CFVAX achieves a -1.98% return, which is significantly lower than FTEC's 6.66% 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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CFVAX vs. FTEC - Expense Ratio Comparison
CFVAX has a 0.71% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
CFVAX vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI Catholic Values Trust Catholic Values Fixed Income Fund (CFVAX) 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
CFVAX vs. FTEC - Dividend Comparison
CFVAX's dividend yield for the trailing twelve months is around 3.28%, more than FTEC's 0.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CFVAX SEI Catholic Values Trust Catholic Values Fixed Income Fund | 3.28% | 2.88% | 2.55% | 2.34% | 4.43% | 3.26% | 2.75% | 2.23% | 1.83% | 0.56% | 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
CFVAX vs. FTEC - Drawdown Comparison
The maximum CFVAX drawdown since its inception was -20.20%, smaller than the maximum FTEC drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for CFVAX and FTEC. For additional features, visit the drawdowns tool.
Volatility
CFVAX vs. FTEC - Volatility Comparison
The current volatility for SEI Catholic Values Trust Catholic Values Fixed Income Fund (CFVAX) is 2.01%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 7.25%. This indicates that CFVAX experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.