FDFF vs. FDVV
Compare and contrast key facts about Fidelity Disruptive Finance ETF (FDFF) and Fidelity High Dividend ETF (FDVV).
FDFF and FDVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDFF is an actively managed fund by Fidelity. It was launched on Apr 16, 2020. FDVV is a passively managed fund by Fidelity that tracks the performance of the Fidelity Core Dividend Index. It was launched on Sep 12, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDFF or FDVV.
Correlation
The correlation between FDFF and FDVV is 0.74, 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
FDFF vs. FDVV - Performance Comparison
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Key characteristics
FDFF:
0.95
FDVV:
0.65
FDFF:
1.43
FDVV:
1.08
FDFF:
1.20
FDVV:
1.16
FDFF:
0.93
FDVV:
0.72
FDFF:
3.44
FDVV:
3.05
FDFF:
6.27%
FDVV:
3.73%
FDFF:
22.67%
FDVV:
15.97%
FDFF:
-23.07%
FDVV:
-40.25%
FDFF:
-7.63%
FDVV:
-5.72%
Returns By Period
In the year-to-date period, FDFF achieves a -1.09% return, which is significantly higher than FDVV's -1.30% return.
FDFF
-1.09%
12.69%
0.15%
21.78%
N/A
N/A
FDVV
-1.30%
7.74%
-4.45%
10.04%
17.80%
N/A
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FDFF vs. FDVV - Expense Ratio Comparison
FDFF has a 0.50% expense ratio, which is higher than FDVV's 0.29% expense ratio.
Risk-Adjusted Performance
FDFF vs. FDVV — Risk-Adjusted Performance Rank
FDFF
FDVV
FDFF vs. FDVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Finance ETF (FDFF) and Fidelity High Dividend ETF (FDVV). 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.
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Dividends
FDFF vs. FDVV - Dividend Comparison
FDFF's dividend yield for the trailing twelve months is around 0.73%, less than FDVV's 3.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDFF Fidelity Disruptive Finance ETF | 0.73% | 0.70% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDVV Fidelity High Dividend ETF | 3.10% | 2.94% | 3.77% | 3.44% | 2.70% | 3.19% | 3.93% | 4.05% | 3.63% | 1.04% |
Drawdowns
FDFF vs. FDVV - Drawdown Comparison
The maximum FDFF drawdown since its inception was -23.07%, smaller than the maximum FDVV drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for FDFF and FDVV. For additional features, visit the drawdowns tool.
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Volatility
FDFF vs. FDVV - Volatility Comparison
Fidelity Disruptive Finance ETF (FDFF) has a higher volatility of 6.17% compared to Fidelity High Dividend ETF (FDVV) at 5.63%. This indicates that FDFF's price experiences larger fluctuations and is considered to be riskier than FDVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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