DMDV vs. FIDI
Compare and contrast key facts about AAM S&P Developed Markets High Dividend Value ETF (DMDV) and Fidelity International High Dividend ETF (FIDI).
DMDV and FIDI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DMDV is a passively managed fund by Advisors Asset Management that tracks the performance of the S&P Developed Ex-U.S. Dividend and Free Cash Flow Yield. It was launched on Nov 27, 2018. FIDI is a passively managed fund by Fidelity that tracks the performance of the Fidelity® International High Dividend Index. It was launched on Jan 16, 2018. Both DMDV and FIDI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DMDV or FIDI.
Key characteristics
| DMDV | FIDI | |
|---|---|---|
| YTD Return | 7.82% | 3.50% |
| 1Y Return | 22.57% | 15.82% |
| 3Y Return (Ann) | 5.09% | 3.60% |
| 5Y Return (Ann) | 3.75% | 3.87% |
| Sharpe Ratio | 1.88 | 1.18 |
| Sortino Ratio | 2.76 | 1.67 |
| Omega Ratio | 1.34 | 1.20 |
| Calmar Ratio | 1.25 | 1.69 |
| Martin Ratio | 11.24 | 6.00 |
| Ulcer Index | 2.02% | 2.46% |
| Daily Std Dev | 12.05% | 12.51% |
| Max Drawdown | -47.18% | -46.34% |
| Current Drawdown | -2.36% | -6.46% |
Correlation
The correlation between DMDV and FIDI is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DMDV vs. FIDI - Performance Comparison
In the year-to-date period, DMDV achieves a 7.82% return, which is significantly higher than FIDI's 3.50% 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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DMDV vs. FIDI - Expense Ratio Comparison
Both DMDV and FIDI have an expense ratio of 0.39%.
Risk-Adjusted Performance
DMDV vs. FIDI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AAM S&P Developed Markets High Dividend Value ETF (DMDV) and Fidelity International High Dividend ETF (FIDI). 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
DMDV vs. FIDI - Dividend Comparison
DMDV's dividend yield for the trailing twelve months is around 5.57%, more than FIDI's 5.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
DMDV AAM S&P Developed Markets High Dividend Value ETF | 5.57% | 6.98% | 0.44% | 4.45% | 3.13% | 5.35% | 0.27% |
FIDI Fidelity International High Dividend ETF | 5.35% | 4.80% | 5.09% | 4.00% | 3.36% | 4.26% | 4.37% |
Drawdowns
DMDV vs. FIDI - Drawdown Comparison
The maximum DMDV drawdown since its inception was -47.18%, roughly equal to the maximum FIDI drawdown of -46.34%. Use the drawdown chart below to compare losses from any high point for DMDV and FIDI. For additional features, visit the drawdowns tool.
Volatility
DMDV vs. FIDI - Volatility Comparison
The current volatility for AAM S&P Developed Markets High Dividend Value ETF (DMDV) is 0.06%, while Fidelity International High Dividend ETF (FIDI) has a volatility of 2.91%. This indicates that DMDV experiences smaller price fluctuations and is considered to be less risky than FIDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.