FDFF vs. XLF
Compare and contrast key facts about Fidelity Disruptive Finance ETF (FDFF) and Financial Select Sector SPDR Fund (XLF).
FDFF and XLF 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. XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDFF or XLF.
Key characteristics
| FDFF | XLF | |
|---|---|---|
| YTD Return | 26.29% | 32.31% |
| 1Y Return | 47.22% | 49.11% |
| Sharpe Ratio | 2.95 | 3.50 |
| Sortino Ratio | 3.95 | 4.91 |
| Omega Ratio | 1.51 | 1.64 |
| Calmar Ratio | 4.54 | 2.99 |
| Martin Ratio | 10.95 | 25.14 |
| Ulcer Index | 4.32% | 1.93% |
| Daily Std Dev | 16.05% | 13.84% |
| Max Drawdown | -13.47% | -82.43% |
| Current Drawdown | 0.00% | -0.73% |
Correlation
The correlation between FDFF and XLF is 0.73, 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. XLF - Performance Comparison
In the year-to-date period, FDFF achieves a 26.29% return, which is significantly lower than XLF's 32.31% 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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FDFF vs. XLF - Expense Ratio Comparison
FDFF has a 0.50% expense ratio, which is higher than XLF's 0.13% expense ratio.
Risk-Adjusted Performance
FDFF vs. XLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Finance ETF (FDFF) and Financial Select Sector SPDR Fund (XLF). 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
FDFF vs. XLF - Dividend Comparison
FDFF's dividend yield for the trailing twelve months is around 0.74%, less than XLF's 1.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDFF Fidelity Disruptive Finance ETF | 0.74% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLF Financial Select Sector SPDR Fund | 1.35% | 1.71% | 2.04% | 1.63% | 2.03% | 1.86% | 2.09% | 1.48% | 1.63% | 2.40% | 1.98% | 1.81% |
Drawdowns
FDFF vs. XLF - Drawdown Comparison
The maximum FDFF drawdown since its inception was -13.47%, smaller than the maximum XLF drawdown of -82.43%. Use the drawdown chart below to compare losses from any high point for FDFF and XLF. For additional features, visit the drawdowns tool.
Volatility
FDFF vs. XLF - Volatility Comparison
The current volatility for Fidelity Disruptive Finance ETF (FDFF) is 5.71%, while Financial Select Sector SPDR Fund (XLF) has a volatility of 7.16%. This indicates that FDFF experiences smaller price fluctuations and is considered to be less risky than XLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.