PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FDFF vs. FDIF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FDFF and FDIF is 0.79, 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.


-0.50.00.51.00.8

Performance

FDFF vs. FDIF - Performance Comparison

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

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
26.31%
12.90%
FDFF
FDIF

Key characteristics

Sharpe Ratio

FDFF:

1.87

FDIF:

1.47

Sortino Ratio

FDFF:

2.58

FDIF:

2.03

Omega Ratio

FDFF:

1.33

FDIF:

1.26

Calmar Ratio

FDFF:

2.99

FDIF:

2.19

Martin Ratio

FDFF:

7.13

FDIF:

8.21

Ulcer Index

FDFF:

4.37%

FDIF:

2.89%

Daily Std Dev

FDFF:

16.71%

FDIF:

16.19%

Max Drawdown

FDFF:

-13.47%

FDIF:

-17.33%

Current Drawdown

FDFF:

-4.42%

FDIF:

-3.12%

Returns By Period

In the year-to-date period, FDFF achieves a 29.39% return, which is significantly higher than FDIF's 21.87% return.


FDFF

YTD

29.39%

1M

-2.49%

6M

26.31%

1Y

30.38%

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.


FDFF vs. FDIF - Expense Ratio Comparison

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


FDFF
Fidelity Disruptive Finance ETF
Expense ratio chart for FDFF: 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

FDFF vs. FDIF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Finance ETF (FDFF) 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 FDFF, currently valued at 1.87, compared to the broader market0.002.004.001.871.47
The chart of Sortino ratio for FDFF, currently valued at 2.58, compared to the broader market-2.000.002.004.006.008.0010.002.582.03
The chart of Omega ratio for FDFF, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.001.331.26
The chart of Calmar ratio for FDFF, currently valued at 2.99, compared to the broader market0.005.0010.0015.002.992.19
The chart of Martin ratio for FDFF, currently valued at 7.13, compared to the broader market0.0020.0040.0060.0080.00100.007.138.21
FDFF
FDIF

The current FDFF Sharpe Ratio is 1.87, which is comparable to the FDIF Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of FDFF 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
1.87
1.47
FDFF
FDIF

Dividends

FDFF vs. FDIF - Dividend Comparison

FDFF's dividend yield for the trailing twelve months is around 0.70%, more than FDIF's 0.34% yield.


TTM2023
FDFF
Fidelity Disruptive Finance ETF
0.70%0.27%
FDIF
Fidelity Disruptors ETF
0.34%0.21%

Drawdowns

FDFF vs. FDIF - Drawdown Comparison

The maximum FDFF drawdown since its inception was -13.47%, smaller than the maximum FDIF drawdown of -17.33%. Use the drawdown chart below to compare losses from any high point for FDFF and FDIF. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.42%
-3.12%
FDFF
FDIF

Volatility

FDFF vs. FDIF - Volatility Comparison

Fidelity Disruptive Finance ETF (FDFF) has a higher volatility of 5.86% compared to Fidelity Disruptors ETF (FDIF) at 4.84%. This indicates that FDFF's price experiences larger fluctuations and is considered to be riskier than FDIF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.86%
4.84%
FDFF
FDIF
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab