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FDCF vs. FDIF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FDCF and FDIF is 0.90, 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.


-0.50.00.51.00.9

Performance

FDCF vs. FDIF - Performance Comparison

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

-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
9.19%
12.28%
FDCF
FDIF

Key characteristics

Sharpe Ratio

FDCF:

1.66

FDIF:

1.47

Sortino Ratio

FDCF:

2.28

FDIF:

2.03

Omega Ratio

FDCF:

1.30

FDIF:

1.26

Calmar Ratio

FDCF:

2.26

FDIF:

2.19

Martin Ratio

FDCF:

8.26

FDIF:

8.21

Ulcer Index

FDCF:

3.82%

FDIF:

2.89%

Daily Std Dev

FDCF:

19.01%

FDIF:

16.19%

Max Drawdown

FDCF:

-14.27%

FDIF:

-17.33%

Current Drawdown

FDCF:

-3.56%

FDIF:

-3.12%

Returns By Period

In the year-to-date period, FDCF achieves a 30.93% return, which is significantly higher than FDIF's 21.87% return.


FDCF

YTD

30.93%

1M

0.09%

6M

10.21%

1Y

31.87%

5Y*

N/A

10Y*

N/A

FDIF

YTD

21.87%

1M

0.10%

6M

12.90%

1Y

23.12%

5Y*

N/A

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.


FDCF vs. FDIF - Expense Ratio Comparison

Both FDCF and FDIF have an expense ratio of 0.50%.


FDCF
Fidelity Disruptive Communications ETF
Expense ratio chart for FDCF: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for FDIF: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

FDCF vs. FDIF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Communications ETF (FDCF) and Fidelity Disruptors ETF (FDIF). 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 FDCF, currently valued at 1.66, compared to the broader market0.002.004.001.661.47
The chart of Sortino ratio for FDCF, currently valued at 2.28, compared to the broader market-2.000.002.004.006.008.0010.002.282.03
The chart of Omega ratio for FDCF, currently valued at 1.30, compared to the broader market0.501.001.502.002.503.001.301.26
The chart of Calmar ratio for FDCF, currently valued at 2.26, compared to the broader market0.005.0010.0015.002.262.19
The chart of Martin ratio for FDCF, currently valued at 8.26, compared to the broader market0.0020.0040.0060.0080.00100.008.268.21
FDCF
FDIF

The current FDCF Sharpe Ratio is 1.66, which is comparable to the FDIF Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of FDCF and FDIF, 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 Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.66
1.47
FDCF
FDIF

Dividends

FDCF vs. FDIF - Dividend Comparison

FDCF's dividend yield for the trailing twelve months is around 0.07%, less than FDIF's 0.34% yield.


TTM2023
FDCF
Fidelity Disruptive Communications ETF
0.07%0.00%
FDIF
Fidelity Disruptors ETF
0.34%0.21%

Drawdowns

FDCF vs. FDIF - Drawdown Comparison

The maximum FDCF drawdown since its inception was -14.27%, smaller than the maximum FDIF drawdown of -17.33%. Use the drawdown chart below to compare losses from any high point for FDCF and FDIF. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.56%
-3.12%
FDCF
FDIF

Volatility

FDCF vs. FDIF - Volatility Comparison

The current volatility for Fidelity Disruptive Communications ETF (FDCF) is 4.57%, while Fidelity Disruptors ETF (FDIF) has a volatility of 4.84%. This indicates that FDCF experiences smaller price fluctuations and is considered to be less risky than FDIF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
4.57%
4.84%
FDCF
FDIF
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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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