DBAW vs. FIFVX

Last updated Jun 4, 2026

DBAW (Xtrackers MSCI All World ex US Hedged Equity ETF) and FIFVX (Fidelity Advisor Founders Fund Class I) are both funds - DBAW is a Foreign Large Cap Equities fund tracking the MSCI ACWI ex USA US Dollar Hedged Index, while FIFVX is a Large Cap Growth Equities fund managed by Fidelity. Over the past 5 years, DBAW returned 11.32%/yr vs 13.35%/yr for FIFVX. A 0.76 correlation means they provide meaningful diversification when combined. DBAW charges 0.41%/yr vs 0.85%/yr for FIFVX.

Performance

DBAW vs. FIFVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) and Fidelity Advisor Founders Fund Class I (FIFVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DBAW achieves a 16.12% return, which is significantly higher than FIFVX's 9.17% return.

DBAW

• 1D: -0.51%
• 1M: 6.28%
• YTD: 16.12%
• 6M: 18.39%
• 1Y: 36.60%
• 3Y*: 21.15%
• 5Y*: 11.32%
• 10Y*: 11.44%

FIFVX

• 1D: -0.75%
• 1M: 6.76%
• YTD: 9.17%
• 6M: 10.05%
• 1Y: 23.83%
• 3Y*: 25.49%
• 5Y*: 13.35%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DBAW vs. FIFVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF	16.12%	26.47%	14.35%	16.26%	-13.35%	13.08%	7.44%	11.23%
FIFVX Fidelity Advisor Founders Fund Class I	9.17%	16.39%	36.46%	34.03%	-26.71%	19.10%	47.20%	14.05%

Correlation

The correlation between DBAW and FIFVX is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (All Time) Calculated using the full available price history since Feb 25, 2019	0.76

The correlation between DBAW and FIFVX has been stable across timeframes, ranging from 0.73 to 0.77 - a consistent structural relationship.

Return for Risk

DBAW vs. FIFVX — Risk / Return Rank

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

DBAW

DBAW Risk / Return Rank: 84
DBAW Sharpe Ratio Rank: 86
DBAW Sortino Ratio Rank: 86
DBAW Omega Ratio Rank: 87
DBAW Calmar Ratio Rank: 79
DBAW Martin Ratio Rank: 83

FIFVX

FIFVX Risk / Return Rank: 32
FIFVX Sharpe Ratio Rank: 33
FIFVX Sortino Ratio Rank: 31
FIFVX Omega Ratio Rank: 32
FIFVX Calmar Ratio Rank: 29
FIFVX Martin Ratio Rank: 37

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.

DBAW vs. FIFVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) and Fidelity Advisor Founders Fund Class I (FIFVX). 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.

	DBAW	FIFVX	Difference
Sharpe ratio: Return per unit of total volatility	2.86	1.66	+1.19
Sortino ratio: Return per unit of downside risk	3.90	2.33	+1.58
Omega ratio: Gain probability vs. loss probability	1.55	1.30	+0.25
Calmar ratio: Return relative to maximum drawdown	4.09	2.00	+2.08
Martin ratio: Return relative to average drawdown	16.97	8.12	+8.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DBAW vs. FIFVX - Sharpe Ratio Comparison

The current DBAW Sharpe Ratio is 2.86, which is higher than the FIFVX Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of DBAW and FIFVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DBAW	FIFVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.86	1.66	+1.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	0.63	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.82	-0.19

Drawdowns

DBAW vs. FIFVX - Drawdown Comparison

The maximum DBAW drawdown since its inception was -31.44%, roughly equal to the maximum FIFVX drawdown of -32.48%. Use the drawdown chart below to compare losses from any high point for DBAW and FIFVX.

Drawdown Indicators

	DBAW	FIFVX	Difference
Max Drawdown Largest peak-to-trough decline	-31.44%	-32.48%	+1.04%
Max Drawdown (1Y) Largest decline over 1 year	-9.00%	-12.27%	+3.27%
Max Drawdown (3Y) Largest decline over 3 years	-14.11%	-23.26%	+9.15%
Max Drawdown (5Y) Largest decline over 5 years	-17.87%	-32.48%	+14.61%
Max Drawdown (10Y) Largest decline over 10 years	-31.44%	—	—
Current Drawdown Current decline from peak	-0.51%	-0.75%	+0.24%
Average Drawdown Average peak-to-trough decline	-5.00%	-7.99%	+2.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	3.02%	-0.86%

Volatility

DBAW vs. FIFVX - Volatility Comparison

Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) and Fidelity Advisor Founders Fund Class I (FIFVX) have volatilities of 4.71% and 4.74%, 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.

Volatility by Period

	DBAW	FIFVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.71%	4.74%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	11.00%	11.40%	-0.40%
Volatility (1Y) Calculated over the trailing 1-year period	12.88%	14.79%	-1.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.74%	21.18%	-7.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.28%	22.59%	-7.31%

DBAW vs. FIFVX - Expense Ratio Comparison

DBAW has a 0.41% expense ratio, which is lower than FIFVX's 0.85% expense ratio.

Dividends

DBAW vs. FIFVX - Dividend Comparison

DBAW's dividend yield for the trailing twelve months is around 3.29%, more than FIFVX's 2.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF	3.29%	3.83%	1.70%	3.45%	8.81%	2.05%	2.08%	2.91%	2.93%	2.41%	1.99%	5.74%
FIFVX Fidelity Advisor Founders Fund Class I	2.20%	2.40%	6.32%	0.15%	2.60%	6.25%	0.00%	0.17%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DBAW and FIFVX in my portfolio?

DBAW and FIFVX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DBAW or FIFVX?

FIFVX has higher volatility (4.74%) compared to DBAW (4.71%). In terms of maximum drawdown, DBAW dropped -31.44% vs FIFVX's -32.48%.

Which has better risk-adjusted returns?

DBAW currently has the higher Sharpe Ratio (2.86 vs 1.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.