FDHT vs. XBI
Compare and contrast key facts about Fidelity Digital Health ETF (FDHT) and SPDR S&P Biotech ETF (XBI).
FDHT and XBI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDHT is a passively managed fund by Fidelity that tracks the performance of the Fidelity Digital Health Index. It was launched on Oct 5, 2021. XBI is a passively managed fund by State Street that tracks the performance of the S&P Biotechnology Select Industry Index. It was launched on Feb 6, 2006. Both FDHT and XBI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDHT or XBI.
Correlation
The correlation between FDHT and XBI is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FDHT vs. XBI - Performance Comparison
Loading data...
Key characteristics
FDHT:
0.66
XBI:
-0.49
FDHT:
1.00
XBI:
-0.47
FDHT:
1.12
XBI:
0.94
FDHT:
0.34
XBI:
-0.21
FDHT:
1.90
XBI:
-1.06
FDHT:
6.49%
XBI:
12.04%
FDHT:
20.37%
XBI:
27.84%
FDHT:
-44.81%
XBI:
-63.89%
FDHT:
-23.16%
XBI:
-55.34%
Returns By Period
In the year-to-date period, FDHT achieves a 6.53% return, which is significantly higher than XBI's -13.89% return.
FDHT
6.53%
12.85%
0.82%
13.28%
N/A
N/A
XBI
-13.89%
4.33%
-22.84%
-13.59%
-4.73%
0.44%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FDHT vs. XBI - Expense Ratio Comparison
FDHT has a 0.39% expense ratio, which is higher than XBI's 0.35% expense ratio.
Risk-Adjusted Performance
FDHT vs. XBI — Risk-Adjusted Performance Rank
FDHT
XBI
FDHT vs. XBI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Digital Health ETF (FDHT) and SPDR S&P Biotech ETF (XBI). 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.
Loading data...
Dividends
FDHT vs. XBI - Dividend Comparison
FDHT's dividend yield for the trailing twelve months is around 1.48%, more than XBI's 0.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDHT Fidelity Digital Health ETF | 1.48% | 1.53% | 0.04% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XBI SPDR S&P Biotech ETF | 0.18% | 0.15% | 0.02% | 0.00% | 0.04% | 0.20% | 0.00% | 0.28% | 0.24% | 0.26% | 0.61% | 1.07% |
Drawdowns
FDHT vs. XBI - Drawdown Comparison
The maximum FDHT drawdown since its inception was -44.81%, smaller than the maximum XBI drawdown of -63.89%. Use the drawdown chart below to compare losses from any high point for FDHT and XBI. For additional features, visit the drawdowns tool.
Loading data...
Volatility
FDHT vs. XBI - Volatility Comparison
The current volatility for Fidelity Digital Health ETF (FDHT) is 5.27%, while SPDR S&P Biotech ETF (XBI) has a volatility of 10.75%. This indicates that FDHT experiences smaller price fluctuations and is considered to be less risky than XBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...