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FBOT vs. FDTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FBOT and FDTX is 0.82, 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

FBOT vs. FDTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptive Automation ETF (FBOT) and Fidelity Disruptive Technology ETF (FDTX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FBOT:

0.40

FDTX:

0.37

Sortino Ratio

FBOT:

0.71

FDTX:

0.70

Omega Ratio

FBOT:

1.09

FDTX:

1.10

Calmar Ratio

FBOT:

0.40

FDTX:

0.39

Martin Ratio

FBOT:

1.38

FDTX:

1.20

Ulcer Index

FBOT:

6.83%

FDTX:

8.96%

Daily Std Dev

FBOT:

24.79%

FDTX:

29.66%

Max Drawdown

FBOT:

-23.61%

FDTX:

-27.23%

Current Drawdown

FBOT:

-2.91%

FDTX:

-6.33%

Returns By Period

In the year-to-date period, FBOT achieves a 2.91% return, which is significantly higher than FDTX's 1.44% return.


FBOT

YTD

2.91%

1M

17.90%

6M

7.32%

1Y

9.88%

3Y*

N/A

5Y*

N/A

10Y*

N/A

FDTX

YTD

1.44%

1M

20.17%

6M

3.11%

1Y

11.02%

3Y*

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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FBOT vs. FDTX - Expense Ratio Comparison

Both FBOT and FDTX have an expense ratio of 0.50%.


Risk-Adjusted Performance

FBOT vs. FDTX — Risk-Adjusted Performance Rank

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

FBOT
The Risk-Adjusted Performance Rank of FBOT is 4141
Overall Rank
The Sharpe Ratio Rank of FBOT is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of FBOT is 4040
Sortino Ratio Rank
The Omega Ratio Rank of FBOT is 3838
Omega Ratio Rank
The Calmar Ratio Rank of FBOT is 4646
Calmar Ratio Rank
The Martin Ratio Rank of FBOT is 4242
Martin Ratio Rank

FDTX
The Risk-Adjusted Performance Rank of FDTX is 4040
Overall Rank
The Sharpe Ratio Rank of FDTX is 3838
Sharpe Ratio Rank
The Sortino Ratio Rank of FDTX is 3939
Sortino Ratio Rank
The Omega Ratio Rank of FDTX is 4040
Omega Ratio Rank
The Calmar Ratio Rank of FDTX is 4545
Calmar Ratio Rank
The Martin Ratio Rank of FDTX is 3838
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FBOT vs. FDTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Automation ETF (FBOT) and Fidelity Disruptive Technology ETF (FDTX). 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.


The current FBOT Sharpe Ratio is 0.40, which is comparable to the FDTX Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of FBOT and FDTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FBOT vs. FDTX - Dividend Comparison

FBOT's dividend yield for the trailing twelve months is around 0.45%, while FDTX has not paid dividends to shareholders.


TTM20242023
FBOT
Fidelity Disruptive Automation ETF
0.45%0.31%0.20%
FDTX
Fidelity Disruptive Technology ETF
0.00%0.00%0.00%

Drawdowns

FBOT vs. FDTX - Drawdown Comparison

The maximum FBOT drawdown since its inception was -23.61%, smaller than the maximum FDTX drawdown of -27.23%. Use the drawdown chart below to compare losses from any high point for FBOT and FDTX. For additional features, visit the drawdowns tool.


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Volatility

FBOT vs. FDTX - Volatility Comparison

The current volatility for Fidelity Disruptive Automation ETF (FBOT) is 5.95%, while Fidelity Disruptive Technology ETF (FDTX) has a volatility of 7.50%. This indicates that FBOT experiences smaller price fluctuations and is considered to be less risky than FDTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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