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

Correlation

The correlation between FDGFX and FDRR 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.


-0.50.00.51.00.9

Performance

FDGFX vs. FDRR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Dividend Growth Fund (FDGFX) and Fidelity Dividend ETF for Rising Rates (FDRR). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%120.00%140.00%160.00%JulyAugustSeptemberOctoberNovemberDecember
42.99%
159.47%
FDGFX
FDRR

Key characteristics

Sharpe Ratio

FDGFX:

1.40

FDRR:

1.97

Sortino Ratio

FDGFX:

1.86

FDRR:

2.72

Omega Ratio

FDGFX:

1.27

FDRR:

1.36

Calmar Ratio

FDGFX:

2.21

FDRR:

2.94

Martin Ratio

FDGFX:

7.03

FDRR:

12.48

Ulcer Index

FDGFX:

3.10%

FDRR:

1.80%

Daily Std Dev

FDGFX:

15.65%

FDRR:

11.41%

Max Drawdown

FDGFX:

-60.08%

FDRR:

-36.52%

Current Drawdown

FDGFX:

-3.47%

FDRR:

-3.46%

Returns By Period

The year-to-date returns for both investments are quite close, with FDGFX having a 19.91% return and FDRR slightly higher at 20.37%.


FDGFX

YTD

19.91%

1M

-0.86%

6M

-0.41%

1Y

21.01%

5Y*

6.43%

10Y*

4.01%

FDRR

YTD

20.37%

1M

-1.24%

6M

7.73%

1Y

21.11%

5Y*

11.08%

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.


FDGFX vs. FDRR - Expense Ratio Comparison

FDGFX has a 0.48% expense ratio, which is higher than FDRR's 0.29% expense ratio.


FDGFX
Fidelity Dividend Growth Fund
Expense ratio chart for FDGFX: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%
Expense ratio chart for FDRR: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%

Risk-Adjusted Performance

FDGFX vs. FDRR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Dividend Growth Fund (FDGFX) and Fidelity Dividend ETF for Rising Rates (FDRR). 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 FDGFX, currently valued at 1.40, compared to the broader market-1.000.001.002.003.004.001.401.97
The chart of Sortino ratio for FDGFX, currently valued at 1.86, compared to the broader market-2.000.002.004.006.008.0010.001.862.72
The chart of Omega ratio for FDGFX, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.003.501.271.36
The chart of Calmar ratio for FDGFX, currently valued at 2.21, compared to the broader market0.002.004.006.008.0010.0012.0014.002.212.94
The chart of Martin ratio for FDGFX, currently valued at 7.03, compared to the broader market0.0020.0040.0060.007.0312.48
FDGFX
FDRR

The current FDGFX Sharpe Ratio is 1.40, which is comparable to the FDRR Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of FDGFX and FDRR, 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.40
1.97
FDGFX
FDRR

Dividends

FDGFX vs. FDRR - Dividend Comparison

FDGFX's dividend yield for the trailing twelve months is around 0.78%, less than FDRR's 2.61% yield.


TTM20232022202120202019201820172016201520142013
FDGFX
Fidelity Dividend Growth Fund
0.78%1.44%1.64%1.00%1.89%1.58%2.37%1.84%1.58%9.63%19.50%11.21%
FDRR
Fidelity Dividend ETF for Rising Rates
2.61%2.93%2.75%2.09%2.85%2.89%3.20%2.89%0.61%0.00%0.00%0.00%

Drawdowns

FDGFX vs. FDRR - Drawdown Comparison

The maximum FDGFX drawdown since its inception was -60.08%, which is greater than FDRR's maximum drawdown of -36.52%. Use the drawdown chart below to compare losses from any high point for FDGFX and FDRR. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.47%
-3.46%
FDGFX
FDRR

Volatility

FDGFX vs. FDRR - Volatility Comparison

Fidelity Dividend Growth Fund (FDGFX) has a higher volatility of 4.64% compared to Fidelity Dividend ETF for Rising Rates (FDRR) at 3.33%. This indicates that FDGFX's price experiences larger fluctuations and is considered to be riskier than FDRR 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
4.64%
3.33%
FDGFX
FDRR
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