FDEV vs. GOEV

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity International Multifactor ETF (FDEV) and Canoo Inc. (GOEV).

FDEV is a passively managed fund by Fidelity that tracks the performance of the Fidelity Targeted International Factor Index. It was launched on Feb 26, 2019.

Performance

FDEV vs. GOEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Multifactor ETF (FDEV) and Canoo Inc. (GOEV). The values are adjusted to include any dividend payments, if applicable.

FDEV vs. GOEV - Yearly Performance Comparison

	2026 (YTD)
FDEV Fidelity International Multifactor ETF	-2.27%
GOEV Canoo Inc.	0.00%

Returns By Period

FDEV

• 1D: 2.35%
• 1M: -4.83%
• YTD: 3.83%
• 6M: 9.22%
• 1Y: 25.14%
• 3Y*: 14.97%
• 5Y*: 7.95%
• 10Y*: —

GOEV

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FDEV vs. GOEV — Risk / Return Rank

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

FDEV

FDEV Risk / Return Rank: 89
FDEV Sharpe Ratio Rank: 86
FDEV Sortino Ratio Rank: 89
FDEV Omega Ratio Rank: 88
FDEV Calmar Ratio Rank: 89
FDEV Martin Ratio Rank: 91

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.

FDEV vs. GOEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Multifactor ETF (FDEV) and Canoo Inc. (GOEV). 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.

	FDEV	GOEV	Difference
Sharpe ratio Return per unit of total volatility	1.73	—	—
Sortino ratio Return per unit of downside risk	2.41	—	—
Omega ratio Gain probability vs. loss probability	1.35	—	—
Calmar ratio Return relative to maximum drawdown	2.85	—	—
Martin ratio Return relative to average drawdown	11.64	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FDEV	GOEV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.73	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	—	—

Dividends

FDEV vs. GOEV - Dividend Comparison

FDEV's dividend yield for the trailing twelve months is around 2.83%, while GOEV has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
FDEV Fidelity International Multifactor ETF	2.83%	2.86%	2.99%	2.80%	2.65%	2.81%	1.88%	2.73%
GOEV Canoo Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FDEV vs. GOEV - Drawdown Comparison

The maximum FDEV drawdown since its inception was -30.11%, which is greater than GOEV's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FDEV and GOEV.

Drawdown Indicators

	FDEV	GOEV	Difference
Max Drawdown Largest peak-to-trough decline	-30.11%	0.00%	-30.11%
Max Drawdown (1Y) Largest decline over 1 year	-8.67%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.02%	—	—
Current Drawdown Current decline from peak	-4.83%	0.00%	-4.83%
Average Drawdown Average peak-to-trough decline	-6.38%	0.00%	-6.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	—	—

Volatility

Volatility by Period

	FDEV	GOEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.62%	0.00%	+14.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.85%	0.00%	+13.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.38%	0.00%	+15.38%