ESGD vs. FNIDX
Compare and contrast key facts about iShares ESG Aware MSCI EAFE ETF (ESGD) and Fidelity International Sustainability Index Fd (FNIDX).
ESGD is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Extended ESG Focus Index. It was launched on Jun 28, 2016. FNIDX is managed by Fidelity. It was launched on May 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESGD or FNIDX.
Key characteristics
| ESGD | FNIDX | |
|---|---|---|
| YTD Return | 7.27% | 9.32% |
| 1Y Return | 17.77% | 19.08% |
| 3Y Return (Ann) | 1.86% | -0.19% |
| 5Y Return (Ann) | 6.12% | 5.10% |
| Sharpe Ratio | 1.48 | 1.53 |
| Sortino Ratio | 2.11 | 2.23 |
| Omega Ratio | 1.26 | 1.29 |
| Calmar Ratio | 1.64 | 1.14 |
| Martin Ratio | 8.18 | 8.76 |
| Ulcer Index | 2.32% | 2.38% |
| Daily Std Dev | 12.81% | 13.55% |
| Max Drawdown | -33.70% | -33.17% |
| Current Drawdown | -6.26% | -6.16% |
Correlation
The correlation between ESGD and FNIDX is 0.94, 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
ESGD vs. FNIDX - Performance Comparison
In the year-to-date period, ESGD achieves a 7.27% return, which is significantly lower than FNIDX's 9.32% 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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ESGD vs. FNIDX - Expense Ratio Comparison
Both ESGD and FNIDX have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
ESGD vs. FNIDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware MSCI EAFE ETF (ESGD) and Fidelity International Sustainability Index Fd (FNIDX). 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
ESGD vs. FNIDX - Dividend Comparison
ESGD's dividend yield for the trailing twelve months is around 2.98%, more than FNIDX's 2.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ESGD iShares ESG Aware MSCI EAFE ETF | 2.98% | 3.02% | 2.59% | 2.74% | 1.63% | 2.57% | 2.69% | 2.64% | 0.09% |
FNIDX Fidelity International Sustainability Index Fd | 2.42% | 2.64% | 2.32% | 1.93% | 1.13% | 2.17% | 2.28% | 1.27% | 0.00% |
Drawdowns
ESGD vs. FNIDX - Drawdown Comparison
The maximum ESGD drawdown since its inception was -33.70%, roughly equal to the maximum FNIDX drawdown of -33.17%. Use the drawdown chart below to compare losses from any high point for ESGD and FNIDX. For additional features, visit the drawdowns tool.
Volatility
ESGD vs. FNIDX - Volatility Comparison
iShares ESG Aware MSCI EAFE ETF (ESGD) and Fidelity International Sustainability Index Fd (FNIDX) have volatilities of 3.09% and 3.20%, 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.