FDCF vs. DXJ
Compare and contrast key facts about Fidelity Disruptive Communications ETF (FDCF) and WisdomTree Japan Hedged Equity Fund (DXJ).
FDCF and DXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDCF is an actively managed fund by Fidelity. It was launched on Apr 16, 2020. DXJ is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Japan Hedged Equity Index. It was launched on Jun 16, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDCF or DXJ.
Key characteristics
| FDCF | DXJ | |
|---|---|---|
| YTD Return | 31.80% | 27.31% |
| 1Y Return | 48.46% | 27.20% |
| Sharpe Ratio | 2.72 | 1.37 |
| Sortino Ratio | 3.51 | 1.76 |
| Omega Ratio | 1.48 | 1.26 |
| Calmar Ratio | 3.66 | 1.29 |
| Martin Ratio | 13.74 | 4.60 |
| Ulcer Index | 3.72% | 6.23% |
| Daily Std Dev | 18.79% | 20.86% |
| Max Drawdown | -14.27% | -49.63% |
| Current Drawdown | -1.44% | -5.40% |
Correlation
The correlation between FDCF and DXJ is 0.44, 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
FDCF vs. DXJ - Performance Comparison
In the year-to-date period, FDCF achieves a 31.80% return, which is significantly higher than DXJ's 27.31% 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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FDCF vs. DXJ - Expense Ratio Comparison
FDCF has a 0.50% expense ratio, which is higher than DXJ's 0.48% expense ratio.
Risk-Adjusted Performance
FDCF vs. DXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Communications ETF (FDCF) and WisdomTree Japan Hedged Equity Fund (DXJ). 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
FDCF vs. DXJ - Dividend Comparison
FDCF's dividend yield for the trailing twelve months is around 0.07%, less than DXJ's 2.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDCF Fidelity Disruptive Communications ETF | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DXJ WisdomTree Japan Hedged Equity Fund | 2.31% | 3.44% | 3.03% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% | 11.61% | 2.44% |
Drawdowns
FDCF vs. DXJ - Drawdown Comparison
The maximum FDCF drawdown since its inception was -14.27%, smaller than the maximum DXJ drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for FDCF and DXJ. For additional features, visit the drawdowns tool.
Volatility
FDCF vs. DXJ - Volatility Comparison
The current volatility for Fidelity Disruptive Communications ETF (FDCF) is 4.49%, while WisdomTree Japan Hedged Equity Fund (DXJ) has a volatility of 5.05%. This indicates that FDCF experiences smaller price fluctuations and is considered to be less risky than DXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.