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FDCF vs. FCOM
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FDCF vs. FCOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptive Communications ETF (FDCF) and Fidelity MSCI Communication Services Index ETF (FCOM). The values are adjusted to include any dividend payments, if applicable.

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FDCF vs. FCOM - Yearly Performance Comparison


2026 (YTD)202520242023
FDCF
Fidelity Disruptive Communications ETF
-10.46%27.42%28.37%16.39%
FCOM
Fidelity MSCI Communication Services Index ETF
-6.81%26.06%33.05%13.03%

Returns By Period

In the year-to-date period, FDCF achieves a -10.46% return, which is significantly lower than FCOM's -6.81% return.


FDCF

1D
4.40%
1M
-6.42%
YTD
-10.46%
6M
-13.12%
1Y
17.00%
3Y*
5Y*
10Y*

FCOM

1D
3.51%
1M
-6.10%
YTD
-6.81%
6M
-3.57%
1Y
22.27%
3Y*
24.17%
5Y*
7.26%
10Y*
11.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FDCF vs. FCOM - Expense Ratio Comparison

FDCF has a 0.50% expense ratio, which is higher than FCOM's 0.08% expense ratio.


Return for Risk

FDCF vs. FCOM — Risk / Return Rank

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

FDCF
FDCF Risk / Return Rank: 3939
Overall Rank
FDCF Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
FDCF Sortino Ratio Rank: 4444
Sortino Ratio Rank
FDCF Omega Ratio Rank: 4242
Omega Ratio Rank
FDCF Calmar Ratio Rank: 3737
Calmar Ratio Rank
FDCF Martin Ratio Rank: 3333
Martin Ratio Rank

FCOM
FCOM Risk / Return Rank: 6868
Overall Rank
FCOM Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
FCOM Sortino Ratio Rank: 7171
Sortino Ratio Rank
FCOM Omega Ratio Rank: 6767
Omega Ratio Rank
FCOM Calmar Ratio Rank: 6969
Calmar Ratio Rank
FCOM Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDCF vs. FCOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Communications ETF (FDCF) and Fidelity MSCI Communication Services Index ETF (FCOM). 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.


FDCFFCOMDifference

Sharpe ratio

Return per unit of total volatility

0.74

1.10

-0.36

Sortino ratio

Return per unit of downside risk

1.16

1.71

-0.55

Omega ratio

Gain probability vs. loss probability

1.16

1.23

-0.08

Calmar ratio

Return relative to maximum drawdown

0.90

1.69

-0.79

Martin ratio

Return relative to average drawdown

2.80

6.27

-3.47

FDCF vs. FCOM - Sharpe Ratio Comparison

The current FDCF Sharpe Ratio is 0.74, which is lower than the FCOM Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of FDCF and FCOM, 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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Sharpe Ratios by Period


FDCFFCOMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.74

1.10

-0.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.34

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

Sharpe Ratio (All Time)

Calculated using the full available price history

1.02

0.55

+0.47

Correlation

The correlation between FDCF and FCOM is 0.80, 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.


Dividends

FDCF vs. FCOM - Dividend Comparison

FDCF's dividend yield for the trailing twelve months is around 0.04%, less than FCOM's 1.00% yield.


TTM20252024202320222021202020192018201720162015
FDCF
Fidelity Disruptive Communications ETF
0.04%0.09%0.25%0.19%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FCOM
Fidelity MSCI Communication Services Index ETF
1.00%0.88%0.87%0.77%1.04%0.90%0.68%0.86%2.78%11.70%2.27%2.92%

Drawdowns

FDCF vs. FCOM - Drawdown Comparison

The maximum FDCF drawdown since its inception was -22.53%, smaller than the maximum FCOM drawdown of -46.76%. Use the drawdown chart below to compare losses from any high point for FDCF and FCOM.


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Drawdown Indicators


FDCFFCOMDifference

Max Drawdown

Largest peak-to-trough decline

-22.53%

-46.76%

+24.23%

Max Drawdown (1Y)

Largest decline over 1 year

-18.10%

-13.48%

-4.62%

Max Drawdown (5Y)

Largest decline over 5 years

-46.76%

Max Drawdown (10Y)

Largest decline over 10 years

-46.76%

Current Drawdown

Current decline from peak

-14.50%

-9.92%

-4.58%

Average Drawdown

Average peak-to-trough decline

-4.15%

-8.74%

+4.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.80%

3.63%

+2.17%

Volatility

FDCF vs. FCOM - Volatility Comparison

Fidelity Disruptive Communications ETF (FDCF) has a higher volatility of 8.16% compared to Fidelity MSCI Communication Services Index ETF (FCOM) at 6.37%. This indicates that FDCF's price experiences larger fluctuations and is considered to be riskier than FCOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FDCFFCOMDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.16%

6.37%

+1.79%

Volatility (6M)

Calculated over the trailing 6-month period

14.44%

11.59%

+2.85%

Volatility (1Y)

Calculated over the trailing 1-year period

23.03%

20.29%

+2.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.77%

21.21%

-0.44%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.77%

20.94%

-0.17%