FBOT vs. NVDA
Compare and contrast key facts about Fidelity Disruptive Automation ETF (FBOT) and NVIDIA Corporation (NVDA).
FBOT is an actively managed fund by Fidelity. It was launched on Apr 16, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBOT or NVDA.
Correlation
The correlation between FBOT and NVDA is 0.64, 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.
Performance
FBOT vs. NVDA - Performance Comparison
Key characteristics
FBOT:
1.03
NVDA:
1.56
FBOT:
1.48
NVDA:
2.12
FBOT:
1.19
NVDA:
1.27
FBOT:
1.41
NVDA:
3.28
FBOT:
4.73
NVDA:
9.09
FBOT:
4.29%
NVDA:
9.75%
FBOT:
19.85%
NVDA:
56.89%
FBOT:
-21.56%
NVDA:
-89.73%
FBOT:
-0.27%
NVDA:
-6.71%
Returns By Period
In the year-to-date period, FBOT achieves a 5.70% return, which is significantly higher than NVDA's 3.81% return.
FBOT
5.70%
2.79%
14.90%
19.64%
N/A
N/A
NVDA
3.81%
1.23%
9.57%
92.03%
78.95%
74.65%
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Risk-Adjusted Performance
FBOT vs. NVDA — Risk-Adjusted Performance Rank
FBOT
NVDA
FBOT vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Automation ETF (FBOT) and NVIDIA Corporation (NVDA). 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
FBOT vs. NVDA - Dividend Comparison
FBOT's dividend yield for the trailing twelve months is around 0.29%, more than NVDA's 0.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBOT Fidelity Disruptive Automation ETF | 0.29% | 0.31% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% |
Drawdowns
FBOT vs. NVDA - Drawdown Comparison
The maximum FBOT drawdown since its inception was -21.56%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for FBOT and NVDA. For additional features, visit the drawdowns tool.
Volatility
FBOT vs. NVDA - Volatility Comparison
The current volatility for Fidelity Disruptive Automation ETF (FBOT) is 6.29%, while NVIDIA Corporation (NVDA) has a volatility of 24.40%. This indicates that FBOT experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.