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

Correlation

The correlation between FDCF and FDIF is 0.85, 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.


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.

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Key characteristics

Sharpe Ratio

FDCF:

0.85

FDIF:

0.61

Sortino Ratio

FDCF:

1.31

FDIF:

0.97

Omega Ratio

FDCF:

1.18

FDIF:

1.13

Calmar Ratio

FDCF:

0.94

FDIF:

0.59

Martin Ratio

FDCF:

3.14

FDIF:

2.15

Ulcer Index

FDCF:

6.72%

FDIF:

6.24%

Daily Std Dev

FDCF:

24.39%

FDIF:

22.28%

Max Drawdown

FDCF:

-22.59%

FDIF:

-22.63%

Current Drawdown

FDCF:

-4.14%

FDIF:

-5.94%

Returns By Period

In the year-to-date period, FDCF achieves a 6.17% return, which is significantly higher than FDIF's 0.76% return.


FDCF

YTD

6.17%

1M

15.13%

6M

3.21%

1Y

20.54%

5Y*

N/A

10Y*

N/A

FDIF

YTD

0.76%

1M

12.61%

6M

-1.20%

1Y

13.41%

5Y*

N/A

10Y*

N/A

*Annualized

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FDCF vs. FDIF - Expense Ratio Comparison

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


Risk-Adjusted Performance

FDCF vs. FDIF — Risk-Adjusted Performance Rank

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

FDCF
The Risk-Adjusted Performance Rank of FDCF is 7676
Overall Rank
The Sharpe Ratio Rank of FDCF is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of FDCF is 7676
Sortino Ratio Rank
The Omega Ratio Rank of FDCF is 7575
Omega Ratio Rank
The Calmar Ratio Rank of FDCF is 7979
Calmar Ratio Rank
The Martin Ratio Rank of FDCF is 7373
Martin Ratio Rank

FDIF
The Risk-Adjusted Performance Rank of FDIF is 5858
Overall Rank
The Sharpe Ratio Rank of FDIF is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of FDIF is 5757
Sortino Ratio Rank
The Omega Ratio Rank of FDIF is 5757
Omega Ratio Rank
The Calmar Ratio Rank of FDIF is 6161
Calmar Ratio Rank
The Martin Ratio Rank of FDIF is 5757
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FDCF Sharpe Ratio is 0.85, which is higher than the FDIF Sharpe Ratio of 0.61. 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.


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Dividends

FDCF vs. FDIF - Dividend Comparison

FDCF's dividend yield for the trailing twelve months is around 0.06%, less than FDIF's 0.43% yield.


TTM20242023
FDCF
Fidelity Disruptive Communications ETF
0.06%0.07%0.00%
FDIF
Fidelity Disruptors ETF
0.43%0.35%0.21%

Drawdowns

FDCF vs. FDIF - Drawdown Comparison

The maximum FDCF drawdown since its inception was -22.59%, roughly equal to the maximum FDIF drawdown of -22.63%. Use the drawdown chart below to compare losses from any high point for FDCF and FDIF. For additional features, visit the drawdowns tool.


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Volatility

FDCF vs. FDIF - Volatility Comparison

Fidelity Disruptive Communications ETF (FDCF) and Fidelity Disruptors ETF (FDIF) have volatilities of 6.47% and 6.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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