FDHY vs. EFAS
Compare and contrast key facts about Fidelity High Yield Factor ETF (FDHY) and Global X MSCI SuperDividend® EAFE ETF (EFAS).
FDHY and EFAS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDHY is an actively managed fund by Fidelity. It was launched on Jun 12, 2018. EFAS is a passively managed fund by Global X that tracks the performance of the MSCI EAFE Top 50 Dividend Index. It was launched on Nov 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDHY or EFAS.
Key characteristics
| FDHY | EFAS | |
|---|---|---|
| YTD Return | 1.00% | 0.97% |
| 1Y Return | 7.71% | 10.63% |
| 3Y Return (Ann) | 1.01% | 3.13% |
| 5Y Return (Ann) | 4.33% | 3.76% |
| Sharpe Ratio | 1.29 | 0.63 |
| Daily Std Dev | 5.84% | 13.23% |
| Max Drawdown | -20.01% | -44.38% |
| Current Drawdown | -0.79% | -2.22% |
Correlation
The correlation between FDHY and EFAS is 0.49, 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
FDHY vs. EFAS - Performance Comparison
The year-to-date returns for both stocks are quite close, with FDHY having a 1.00% return and EFAS slightly lower at 0.97%. 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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FDHY vs. EFAS - Expense Ratio Comparison
FDHY has a 0.45% expense ratio, which is lower than EFAS's 0.56% expense ratio.
Risk-Adjusted Performance
FDHY vs. EFAS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity High Yield Factor ETF (FDHY) and Global X MSCI SuperDividend® EAFE ETF (EFAS). 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
FDHY vs. EFAS - Dividend Comparison
FDHY's dividend yield for the trailing twelve months is around 6.49%, more than EFAS's 6.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
FDHY Fidelity High Yield Factor ETF | 6.49% | 6.26% | 5.34% | 6.09% | 5.78% | 4.94% | 3.07% | 0.00% | 0.00% |
EFAS Global X MSCI SuperDividend® EAFE ETF | 6.19% | 6.33% | 7.28% | 5.19% | 4.34% | 5.75% | 6.63% | 6.15% | 0.21% |
Drawdowns
FDHY vs. EFAS - Drawdown Comparison
The maximum FDHY drawdown since its inception was -20.01%, smaller than the maximum EFAS drawdown of -44.38%. Use the drawdown chart below to compare losses from any high point for FDHY and EFAS. For additional features, visit the drawdowns tool.
Volatility
FDHY vs. EFAS - Volatility Comparison
The current volatility for Fidelity High Yield Factor ETF (FDHY) is 1.45%, while Global X MSCI SuperDividend® EAFE ETF (EFAS) has a volatility of 3.46%. This indicates that FDHY experiences smaller price fluctuations and is considered to be less risky than EFAS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.