FDIF vs. DLN

Last updated Jun 4, 2026

FDIF (Fidelity Disruptors ETF) and DLN (WisdomTree US LargeCap Dividend ETF) are both Large Cap Growth Equities funds. FDIF is actively managed, while DLN is passively managed. Over the past year, FDIF returned 22.85% vs 22.38% for DLN. A 0.67 correlation means they provide meaningful diversification when combined. FDIF charges 0.50%/yr vs 0.28%/yr for DLN.

Performance

FDIF vs. DLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptors ETF (FDIF) and WisdomTree US LargeCap Dividend ETF (DLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FDIF having a 10.12% return and DLN slightly lower at 9.93%.

FDIF

• 1D: -0.90%
• 1M: 5.86%
• YTD: 10.12%
• 6M: 10.33%
• 1Y: 22.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DLN

• 1D: -0.51%
• 1M: 2.93%
• YTD: 9.93%
• 6M: 9.96%
• 1Y: 22.38%
• 3Y*: 18.35%
• 5Y*: 12.22%
• 10Y*: 12.68%

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

FDIF vs. DLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FDIF Fidelity Disruptors ETF	10.12%	13.83%	19.74%	6.49%
DLN WisdomTree US LargeCap Dividend ETF	9.93%	15.53%	19.66%	7.27%

Correlation

The correlation between FDIF and DLN is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (All Time) Calculated using the full available price history since Jun 21, 2023	0.67

The correlation between FDIF and DLN has been stable across timeframes, ranging from 0.62 to 0.67 - a consistent structural relationship.

FDIF vs. DLN - Sectors Allocation Comparison

Sectors	FDIF	DLN
Technology	38.5%	20.1%
Healthcare	17.8%	12.6%
Communication Services	13.8%	7.8%
Industrials	12.0%	7.9%
Financial Services	11.8%	18.0%
Consumer Cyclical	6.1%	5.0%
Real Estate	0.1%	4.0%
Basic Materials	-	1.0%
Consumer Defensive	-	9.3%
Energy	-	8.5%
Utilities	-	5.9%

Return for Risk

FDIF vs. DLN — Risk / Return Rank

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

FDIF

FDIF Risk / Return Rank: 36
FDIF Sharpe Ratio Rank: 38
FDIF Sortino Ratio Rank: 36
FDIF Omega Ratio Rank: 36
FDIF Calmar Ratio Rank: 31
FDIF Martin Ratio Rank: 37

DLN

DLN Risk / Return Rank: 77
DLN Sharpe Ratio Rank: 76
DLN Sortino Ratio Rank: 80
DLN Omega Ratio Rank: 75
DLN Calmar Ratio Rank: 73
DLN Martin Ratio Rank: 79

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.

FDIF vs. DLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptors ETF (FDIF) and WisdomTree US LargeCap Dividend ETF (DLN). 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.

	FDIF	DLN	Difference
Sharpe ratio Return per unit of total volatility	1.35	2.53	-1.19
Sortino ratio Return per unit of downside risk	1.91	3.64	-1.73
Omega ratio Gain probability vs. loss probability	1.24	1.46	-0.22
Calmar ratio Return relative to maximum drawdown	1.55	3.69	-2.14
Martin ratio Return relative to average drawdown	5.86	15.59	-9.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDIF vs. DLN - Sharpe Ratio Comparison

The current FDIF Sharpe Ratio is 1.35, which is lower than the DLN Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of FDIF and DLN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FDIF	DLN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.35	2.53	-1.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.93	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	0.53	+0.40

Drawdowns

FDIF vs. DLN - Drawdown Comparison

The maximum FDIF drawdown since its inception was -22.63%, smaller than the maximum DLN drawdown of -57.84%. Use the drawdown chart below to compare losses from any high point for FDIF and DLN.

Drawdown Indicators

	FDIF	DLN	Difference
Max Drawdown Largest peak-to-trough decline	-22.63%	-57.84%	+35.21%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	-6.10%	-8.70%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.26%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.82%	—
Current Drawdown Current decline from peak	-0.90%	-0.51%	-0.39%
Average Drawdown Average peak-to-trough decline	-3.83%	-7.52%	+3.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.91%	1.44%	+2.47%

Volatility

FDIF vs. DLN - Volatility Comparison

Fidelity Disruptors ETF (FDIF) has a higher volatility of 4.11% compared to WisdomTree US LargeCap Dividend ETF (DLN) at 2.17%. This indicates that FDIF's price experiences larger fluctuations and is considered to be riskier than DLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDIF	DLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	2.17%	+1.94%
Volatility (6M) Calculated over the trailing 6-month period	13.37%	6.77%	+6.60%
Volatility (1Y) Calculated over the trailing 1-year period	17.02%	8.87%	+8.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.59%	13.26%	+5.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.59%	16.16%	+2.43%

FDIF vs. DLN - Expense Ratio Comparison

FDIF has a 0.50% expense ratio, which is higher than DLN's 0.28% expense ratio.

Dividends

FDIF vs. DLN - Dividend Comparison

FDIF's dividend yield for the trailing twelve months is around 0.30%, less than DLN's 1.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLN WisdomTree US LargeCap Dividend ETF	1.79%	1.90%	2.00%	2.43%	2.53%	2.01%	2.66%	2.51%	2.90%	2.33%	2.64%	2.80%
FDIF Fidelity Disruptors ETF	0.30%	0.36%	0.35%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDIF and DLN in my portfolio?

FDIF and DLN have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDIF or DLN?

FDIF has higher volatility (4.11%) compared to DLN (2.17%). In terms of maximum drawdown, FDIF dropped -22.63% vs DLN's -57.84%.

Which ETF is better, FDIF or DLN?

On 1-year performance, FDIF leads with 22.85% vs 22.38% for DLN. On fees, DLN is cheaper at 0.28% per year. On volatility, DLN has been the lower-risk option at 2.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDIF or DLN?

Over the 1-year period, FDIF has performed better with a 22.85% return vs 22.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDIF or DLN?

DLN is cheaper with a 0.28% expense ratio, compared with 0.50% for FDIF.

Which ETF pays a higher dividend yield, FDIF or DLN?

DLN has the higher dividend yield at 1.79%, compared with 0.30% for FDIF.

What is the main difference between FDIF and DLN?

They also come from different issuers: Fidelity and WisdomTree. Their fees differ too: 0.50% for FDIF and 0.28% for DLN.

Which has better risk-adjusted returns?

DLN currently has the higher Sharpe Ratio (2.53 vs 1.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.