FDCF vs. FDTX
Compare and contrast key facts about Fidelity Disruptive Communications ETF (FDCF) and Fidelity Disruptive Technology ETF (FDTX).
FDCF and FDTX 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. FDTX is an actively managed fund by Fidelity. It was launched on Apr 16, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDCF or FDTX.
Key characteristics
| FDCF | FDTX | |
|---|---|---|
| YTD Return | 31.86% | 25.29% |
| 1Y Return | 48.38% | 41.86% |
| Sharpe Ratio | 2.59 | 1.87 |
| Sortino Ratio | 3.37 | 2.45 |
| Omega Ratio | 1.46 | 1.33 |
| Calmar Ratio | 3.48 | 2.50 |
| Martin Ratio | 13.04 | 8.26 |
| Ulcer Index | 3.72% | 5.12% |
| Daily Std Dev | 18.75% | 22.57% |
| Max Drawdown | -14.27% | -18.61% |
| Current Drawdown | -1.40% | 0.00% |
Correlation
The correlation between FDCF and FDTX 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.
Performance
FDCF vs. FDTX - Performance Comparison
In the year-to-date period, FDCF achieves a 31.86% return, which is significantly higher than FDTX's 25.29% 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. FDTX - Expense Ratio Comparison
Both FDCF and FDTX have an expense ratio of 0.50%.
Risk-Adjusted Performance
FDCF vs. FDTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Communications ETF (FDCF) and Fidelity Disruptive Technology ETF (FDTX). 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. FDTX - Dividend Comparison
FDCF's dividend yield for the trailing twelve months is around 0.07%, while FDTX has not paid dividends to shareholders.
| TTM | |
|---|---|
FDCF Fidelity Disruptive Communications ETF | 0.07% |
FDTX Fidelity Disruptive Technology ETF | 0.00% |
Drawdowns
FDCF vs. FDTX - Drawdown Comparison
The maximum FDCF drawdown since its inception was -14.27%, smaller than the maximum FDTX drawdown of -18.61%. Use the drawdown chart below to compare losses from any high point for FDCF and FDTX. For additional features, visit the drawdowns tool.
Volatility
FDCF vs. FDTX - Volatility Comparison
The current volatility for Fidelity Disruptive Communications ETF (FDCF) is 4.49%, while Fidelity Disruptive Technology ETF (FDTX) has a volatility of 5.63%. This indicates that FDCF experiences smaller price fluctuations and is considered to be less risky than FDTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.