FDHY vs. FFC

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity High Yield Factor ETF (FDHY) and Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC).

FDHY is an actively managed fund by Fidelity. It was launched on Jun 12, 2018.

Performance

FDHY vs. FFC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity High Yield Factor ETF (FDHY) and Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC). The values are adjusted to include any dividend payments, if applicable.

FDHY vs. FFC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FDHY Fidelity High Yield Factor ETF	-0.03%	9.24%	7.53%	11.14%	-11.30%	4.33%	10.71%	16.87%	-2.14%
FFC Flaherty & Crumrine Preferred Securities Income Fund Inc.	-4.42%	14.30%	20.06%	-0.28%	-25.21%	-0.81%	15.93%	38.76%	-7.37%

Returns By Period

In the year-to-date period, FDHY achieves a -0.03% return, which is significantly higher than FFC's -4.42% return.

FDHY

• 1D: 0.93%
• 1M: -0.97%
• YTD: -0.03%
• 6M: 1.70%
• 1Y: 7.87%
• 3Y*: 7.80%
• 5Y*: 3.80%
• 10Y*: —

FFC

• 1D: 3.20%
• 1M: -5.91%
• YTD: -4.42%
• 6M: -4.70%
• 1Y: 4.69%
• 3Y*: 11.71%
• 5Y*: -1.02%
• 10Y*: 4.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FDHY vs. FFC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDHY

FDHY Risk / Return Rank: 82
FDHY Sharpe Ratio Rank: 81
FDHY Sortino Ratio Rank: 84
FDHY Omega Ratio Rank: 87
FDHY Calmar Ratio Rank: 72
FDHY Martin Ratio Rank: 87

FFC

FFC Risk / Return Rank: 52
FFC Sharpe Ratio Rank: 56
FFC Sortino Ratio Rank: 45
FFC Omega Ratio Rank: 48
FFC Calmar Ratio Rank: 53
FFC Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDHY vs. FFC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity High Yield Factor ETF (FDHY) and Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC). 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.

	FDHY	FFC	Difference
Sharpe ratio Return per unit of total volatility	1.50	0.37	+1.13
Sortino ratio Return per unit of downside risk	2.16	0.55	+1.62
Omega ratio Gain probability vs. loss probability	1.34	1.09	+0.25
Calmar ratio Return relative to maximum drawdown	1.78	0.46	+1.32
Martin ratio Return relative to average drawdown	9.89	1.69	+8.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDHY vs. FFC - Sharpe Ratio Comparison

The current FDHY Sharpe Ratio is 1.50, which is higher than the FFC Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of FDHY and FFC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FDHY	FFC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	0.37	+1.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	-0.07	+0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.21	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.25	+0.45

Correlation

The correlation between FDHY and FFC is 0.43, 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.

Dividends

FDHY vs. FFC - Dividend Comparison

FDHY's dividend yield for the trailing twelve months is around 6.60%, less than FFC's 7.71% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDHY Fidelity High Yield Factor ETF	6.60%	6.56%	6.58%	6.26%	5.34%	6.09%	5.78%	4.94%	2.55%	0.00%	0.00%	0.00%
FFC Flaherty & Crumrine Preferred Securities Income Fund Inc.	7.71%	7.08%	6.97%	7.54%	9.11%	7.03%	6.18%	6.27%	8.21%	7.29%	8.62%	8.14%

Drawdowns

FDHY vs. FFC - Drawdown Comparison

The maximum FDHY drawdown since its inception was -20.01%, smaller than the maximum FFC drawdown of -77.72%. Use the drawdown chart below to compare losses from any high point for FDHY and FFC.

Drawdown Indicators

	FDHY	FFC	Difference
Max Drawdown Largest peak-to-trough decline	-20.01%	-77.72%	+57.71%
Max Drawdown (1Y) Largest decline over 1 year	-4.54%	-10.24%	+5.70%
Max Drawdown (5Y) Largest decline over 5 years	-16.38%	-39.57%	+23.19%
Max Drawdown (10Y) Largest decline over 10 years	—	-54.06%	—
Current Drawdown Current decline from peak	-1.21%	-7.25%	+6.04%
Average Drawdown Average peak-to-trough decline	-2.93%	-10.70%	+7.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.82%	2.77%	-1.95%

Volatility

FDHY vs. FFC - Volatility Comparison

The current volatility for Fidelity High Yield Factor ETF (FDHY) is 1.89%, while Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) has a volatility of 5.80%. This indicates that FDHY experiences smaller price fluctuations and is considered to be less risky than FFC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDHY	FFC	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.89%	5.80%	-3.91%
Volatility (6M) Calculated over the trailing 6-month period	2.72%	7.52%	-4.80%
Volatility (1Y) Calculated over the trailing 1-year period	5.29%	12.74%	-7.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.11%	15.36%	-8.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.12%	22.75%	-14.63%