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CHGX vs. FITZ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

CHGX vs. FITZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Change Finance U.S. Large Cap Fossil Fuel Free ETF (CHGX) and Fitz-Gerald Must Have Portfolio ETF (FITZ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


CHGX

1D
0.28%
1M
9.49%
YTD
23.15%
6M
22.44%
1Y
34.23%
3Y*
21.36%
5Y*
11.19%
10Y*

FITZ

1D
-0.20%
1M
YTD
6M
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

CHGX vs. FITZ - Yearly Performance Comparison


Correlation

The correlation between CHGX and FITZ is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (All Time)
Calculated using the full available price history since May 29, 2026

0.40

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Return for Risk

CHGX vs. FITZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CHGX
CHGX Risk / Return Rank: 7878
Overall Rank
CHGX Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
CHGX Sortino Ratio Rank: 7979
Sortino Ratio Rank
CHGX Omega Ratio Rank: 7373
Omega Ratio Rank
CHGX Calmar Ratio Rank: 7979
Calmar Ratio Rank
CHGX Martin Ratio Rank: 8181
Martin Ratio Rank

FITZ
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CHGX vs. FITZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Change Finance U.S. Large Cap Fossil Fuel Free ETF (CHGX) 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.


CHGXFITZDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.42

Calmar ratioReturn relative to maximum drawdown

4.05

Martin ratioReturn relative to average drawdown

15.96

CHGX vs. FITZ - Sharpe Ratio Comparison


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Sharpe Ratios by Period


CHGXFITZDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.52

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.64

Sharpe Ratio (All Time)

Calculated using the full available price history

0.72

-7.29

+8.01

Drawdowns

CHGX vs. FITZ - Drawdown Comparison

The maximum CHGX drawdown since its inception was -35.49%, which is greater than FITZ's maximum drawdown of -1.97%. Use the drawdown chart below to compare losses from any high point for CHGX and FITZ.


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Drawdown Indicators


CHGXFITZDifference

Max Drawdown

Largest peak-to-trough decline

-35.49%

-1.97%

-33.52%

Max Drawdown (1Y)

Largest decline over 1 year

-8.50%

Max Drawdown (3Y)

Largest decline over 3 years

-18.09%

Max Drawdown (5Y)

Largest decline over 5 years

-30.26%

Current Drawdown

Current decline from peak

-0.09%

-1.97%

+1.88%

Average Drawdown

Average peak-to-trough decline

-6.43%

-1.08%

-5.35%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.15%

Volatility

CHGX vs. FITZ - Volatility Comparison


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Volatility by Period


CHGXFITZDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.88%

Volatility (6M)

Calculated over the trailing 6-month period

10.67%

Volatility (1Y)

Calculated over the trailing 1-year period

13.67%

8.74%

+4.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.57%

8.74%

+8.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.35%

8.74%

+10.61%

CHGX vs. FITZ - Expense Ratio Comparison

CHGX has a 0.49% expense ratio, which is lower than FITZ's 0.75% expense ratio.


Dividends

CHGX vs. FITZ - Dividend Comparison

CHGX's dividend yield for the trailing twelve months is around 0.55%, while FITZ has not paid dividends to shareholders.


PositionTTM202520242023202220212020201920182017
CHGX
Change Finance U.S. Large Cap Fossil Fuel Free ETF
0.55%0.67%0.76%0.94%1.11%0.56%0.58%0.86%0.00%0.59%
FITZ
Fitz-Gerald Must Have Portfolio ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


CHGX and FITZ have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, CHGX is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CHGX is cheaper with a 0.49% expense ratio, compared with 0.75% for FITZ.

CHGX has the higher dividend yield at 0.55%, compared with 0.00% for FITZ.

They also come from different issuers: Change Finance and Nicholas. Their fees differ too: 0.49% for CHGX and 0.75% for FITZ.

Portfolio Optimizer

Find the right allocation for CHGX and FITZ

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