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FCOR vs. FLDR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FCOR and FLDR is 0.46, 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.


-0.50.00.51.00.5

Performance

FCOR vs. FLDR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Corporate Bond ETF (FCOR) and Fidelity Low Duration Bond Factor ETF (FLDR). The values are adjusted to include any dividend payments, if applicable.

16.00%18.00%20.00%22.00%24.00%JulyAugustSeptemberOctoberNovemberDecember
19.69%
20.14%
FCOR
FLDR

Key characteristics

Sharpe Ratio

FCOR:

0.65

FLDR:

5.32

Sortino Ratio

FCOR:

0.96

FLDR:

9.75

Omega Ratio

FCOR:

1.11

FLDR:

2.40

Calmar Ratio

FCOR:

0.30

FLDR:

17.28

Martin Ratio

FCOR:

2.26

FLDR:

83.47

Ulcer Index

FCOR:

1.69%

FLDR:

0.07%

Daily Std Dev

FCOR:

5.90%

FLDR:

1.10%

Max Drawdown

FCOR:

-22.60%

FLDR:

-12.23%

Current Drawdown

FCOR:

-7.29%

FLDR:

-0.18%

Returns By Period

In the year-to-date period, FCOR achieves a 3.07% return, which is significantly lower than FLDR's 5.54% return.


FCOR

YTD

3.07%

1M

-0.20%

6M

2.09%

1Y

3.82%

5Y*

0.70%

10Y*

2.66%

FLDR

YTD

5.54%

1M

0.35%

6M

2.61%

1Y

5.85%

5Y*

2.66%

10Y*

N/A

Compare stocks, funds, or ETFs

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


FCOR vs. FLDR - Expense Ratio Comparison

FCOR has a 0.36% expense ratio, which is higher than FLDR's 0.15% expense ratio.


FCOR
Fidelity Corporate Bond ETF
Expense ratio chart for FCOR: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%
Expense ratio chart for FLDR: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

FCOR vs. FLDR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Corporate Bond ETF (FCOR) and Fidelity Low Duration Bond Factor ETF (FLDR). 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 FCOR, currently valued at 0.65, compared to the broader market0.002.004.000.655.32
The chart of Sortino ratio for FCOR, currently valued at 0.96, compared to the broader market-2.000.002.004.006.008.0010.000.969.75
The chart of Omega ratio for FCOR, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.112.40
The chart of Calmar ratio for FCOR, currently valued at 0.30, compared to the broader market0.005.0010.0015.000.3017.28
The chart of Martin ratio for FCOR, currently valued at 2.26, compared to the broader market0.0020.0040.0060.0080.00100.002.2683.47
FCOR
FLDR

The current FCOR Sharpe Ratio is 0.65, which is lower than the FLDR Sharpe Ratio of 5.32. The chart below compares the historical Sharpe Ratios of FCOR and FLDR, 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 Ratio1.002.003.004.005.006.007.00JulyAugustSeptemberOctoberNovemberDecember
0.65
5.32
FCOR
FLDR

Dividends

FCOR vs. FLDR - Dividend Comparison

FCOR's dividend yield for the trailing twelve months is around 4.26%, less than FLDR's 5.53% yield.


TTM2023202220212020201920182017201620152014
FCOR
Fidelity Corporate Bond ETF
4.26%3.70%3.30%2.34%2.99%3.10%3.65%2.81%3.04%3.82%0.63%
FLDR
Fidelity Low Duration Bond Factor ETF
5.53%5.28%2.09%0.51%1.22%2.69%1.38%0.00%0.00%0.00%0.00%

Drawdowns

FCOR vs. FLDR - Drawdown Comparison

The maximum FCOR drawdown since its inception was -22.60%, which is greater than FLDR's maximum drawdown of -12.23%. Use the drawdown chart below to compare losses from any high point for FCOR and FLDR. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.29%
-0.18%
FCOR
FLDR

Volatility

FCOR vs. FLDR - Volatility Comparison

Fidelity Corporate Bond ETF (FCOR) has a higher volatility of 2.00% compared to Fidelity Low Duration Bond Factor ETF (FLDR) at 0.64%. This indicates that FCOR's price experiences larger fluctuations and is considered to be riskier than FLDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%2.50%JulyAugustSeptemberOctoberNovemberDecember
2.00%
0.64%
FCOR
FLDR
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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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