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ECOW vs. FEDDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ECOW and FEDDX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.7

Performance

ECOW vs. FEDDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Emerging Markets Cash Cows 100 ETF (ECOW) and Fidelity Emerging Markets Discovery Fund (FEDDX). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
12.93%
35.61%
ECOW
FEDDX

Key characteristics

Sharpe Ratio

ECOW:

0.55

FEDDX:

-0.17

Sortino Ratio

ECOW:

0.88

FEDDX:

-0.14

Omega Ratio

ECOW:

1.10

FEDDX:

0.98

Calmar Ratio

ECOW:

0.51

FEDDX:

-0.16

Martin Ratio

ECOW:

1.81

FEDDX:

-0.51

Ulcer Index

ECOW:

5.13%

FEDDX:

4.50%

Daily Std Dev

ECOW:

16.88%

FEDDX:

13.57%

Max Drawdown

ECOW:

-40.27%

FEDDX:

-42.95%

Current Drawdown

ECOW:

-10.89%

FEDDX:

-13.25%

Returns By Period

In the year-to-date period, ECOW achieves a 4.49% return, which is significantly higher than FEDDX's -6.33% return.


ECOW

YTD

4.49%

1M

-1.56%

6M

-0.77%

1Y

6.94%

5Y*

0.76%

10Y*

N/A

FEDDX

YTD

-6.33%

1M

-4.82%

6M

-7.40%

1Y

-3.27%

5Y*

4.85%

10Y*

5.37%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ECOW vs. FEDDX - Expense Ratio Comparison

ECOW has a 0.70% expense ratio, which is lower than FEDDX's 1.19% expense ratio.


FEDDX
Fidelity Emerging Markets Discovery Fund
Expense ratio chart for FEDDX: current value at 1.19% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.19%
Expense ratio chart for ECOW: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%

Risk-Adjusted Performance

ECOW vs. FEDDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Emerging Markets Cash Cows 100 ETF (ECOW) and Fidelity Emerging Markets Discovery Fund (FEDDX). 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.


Sharpe ratio
The chart of Sharpe ratio for ECOW, currently valued at 0.55, compared to the broader market0.002.004.000.55-0.17
The chart of Sortino ratio for ECOW, currently valued at 0.88, compared to the broader market-2.000.002.004.006.008.0010.000.88-0.14
The chart of Omega ratio for ECOW, currently valued at 1.10, compared to the broader market0.501.001.502.002.503.001.100.98
The chart of Calmar ratio for ECOW, currently valued at 0.51, compared to the broader market0.005.0010.0015.000.51-0.16
The chart of Martin ratio for ECOW, currently valued at 1.81, compared to the broader market0.0020.0040.0060.0080.00100.001.81-0.51
ECOW
FEDDX

The current ECOW Sharpe Ratio is 0.55, which is higher than the FEDDX Sharpe Ratio of -0.17. The chart below compares the historical Sharpe Ratios of ECOW and FEDDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.55
-0.17
ECOW
FEDDX

Dividends

ECOW vs. FEDDX - Dividend Comparison

ECOW's dividend yield for the trailing twelve months is around 5.23%, while FEDDX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
ECOW
Pacer Emerging Markets Cash Cows 100 ETF
5.23%5.46%7.50%4.39%3.35%8.07%0.00%0.00%0.00%0.00%0.00%0.00%
FEDDX
Fidelity Emerging Markets Discovery Fund
0.00%2.05%1.69%2.59%0.59%1.05%1.82%0.74%0.80%0.81%0.00%3.87%

Drawdowns

ECOW vs. FEDDX - Drawdown Comparison

The maximum ECOW drawdown since its inception was -40.27%, smaller than the maximum FEDDX drawdown of -42.95%. Use the drawdown chart below to compare losses from any high point for ECOW and FEDDX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.89%
-13.25%
ECOW
FEDDX

Volatility

ECOW vs. FEDDX - Volatility Comparison

Pacer Emerging Markets Cash Cows 100 ETF (ECOW) and Fidelity Emerging Markets Discovery Fund (FEDDX) have volatilities of 5.11% and 5.14%, 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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.11%
5.14%
ECOW
FEDDX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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