FDHY vs. FTSL
Compare and contrast key facts about Fidelity High Yield Factor ETF (FDHY) and First Trust Senior Loan Fund (FTSL).
FDHY and FTSL 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. FTSL is an actively managed fund by First Trust. It was launched on May 1, 2013.
Performance
FDHY vs. FTSL - Performance Comparison
Loading graphics...
FDHY vs. FTSL - 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% |
FTSL First Trust Senior Loan Fund | -0.80% | 5.98% | 8.27% | 11.58% | -2.50% | 3.94% | 2.99% | 10.11% | -2.92% |
Returns By Period
In the year-to-date period, FDHY achieves a -0.03% return, which is significantly higher than FTSL's -0.80% return.
FDHY
- 1D
- 0.93%
- 1M
- -0.97%
- YTD
- -0.03%
- 6M
- 1.70%
- 1Y
- 7.87%
- 3Y*
- 7.80%
- 5Y*
- 3.80%
- 10Y*
- —
FTSL
- 1D
- 0.34%
- 1M
- 1.11%
- YTD
- -0.80%
- 6M
- 0.87%
- 1Y
- 4.68%
- 3Y*
- 7.10%
- 5Y*
- 4.87%
- 10Y*
- 4.48%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FDHY vs. FTSL - Expense Ratio Comparison
FDHY has a 0.45% expense ratio, which is lower than FTSL's 0.86% expense ratio.
Return for Risk
FDHY vs. FTSL — Risk / Return Rank
FDHY
FTSL
FDHY vs. FTSL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity High Yield Factor ETF (FDHY) and First Trust Senior Loan Fund (FTSL). 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 | FTSL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.50 | 1.51 | -0.02 |
Sortino ratioReturn per unit of downside risk | 2.16 | 1.99 | +0.17 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.41 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.78 | 1.96 | -0.18 |
Martin ratioReturn relative to average drawdown | 9.89 | 7.07 | +2.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FDHY | FTSL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 1.51 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 1.46 | -0.92 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.83 | -0.14 |
Correlation
The correlation between FDHY and FTSL is 0.45, 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. FTSL - Dividend Comparison
FDHY's dividend yield for the trailing twelve months is around 6.60%, which matches FTSL's 6.58% 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% |
FTSL First Trust Senior Loan Fund | 6.58% | 6.59% | 7.56% | 7.59% | 4.77% | 3.17% | 3.48% | 4.44% | 4.29% | 3.64% | 3.70% | 3.95% |
Drawdowns
FDHY vs. FTSL - Drawdown Comparison
The maximum FDHY drawdown since its inception was -20.01%, smaller than the maximum FTSL drawdown of -22.67%. Use the drawdown chart below to compare losses from any high point for FDHY and FTSL.
Loading graphics...
Drawdown Indicators
| FDHY | FTSL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.01% | -22.67% | +2.66% |
Max Drawdown (1Y)Largest decline over 1 year | -4.54% | -2.33% | -2.21% |
Max Drawdown (5Y)Largest decline over 5 years | -16.38% | -6.96% | -9.42% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.67% | — |
Current DrawdownCurrent decline from peak | -1.21% | -1.24% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -2.93% | -0.77% | -2.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | 0.65% | +0.17% |
Volatility
FDHY vs. FTSL - Volatility Comparison
Fidelity High Yield Factor ETF (FDHY) has a higher volatility of 1.89% compared to First Trust Senior Loan Fund (FTSL) at 1.37%. This indicates that FDHY's price experiences larger fluctuations and is considered to be riskier than FTSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FDHY | FTSL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.89% | 1.37% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 2.72% | 1.90% | +0.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.29% | 3.11% | +2.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.11% | 3.36% | +3.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.12% | 5.19% | +2.93% |